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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Fee revenue:    
Servicing fees $ 1,296 $ 1,242
Management fees 382 270
Trading services 275 272
Securities finance 133 134
Processing fees and other 112 52
Total fee revenue 2,198 1,970
Net interest income:    
Interest income 650 629
Interest expense 140 117
Net interest income 510 512
Gains (losses) related to investment securities, net:    
Gains (losses) from sales of available-for-sale securities, net (40) 2
Gains (losses) related to investment securities, net (40) 2
Total revenue 2,668 2,484
Provision for loan losses (2) 4
Expenses:    
Compensation and employee benefits 1,166 1,107
Information systems and communications 287 272
Transaction processing services 197 200
Occupancy 110 113
Acquisition and restructuring costs 29 104
Professional services 94 93
Amortization of other intangible assets 52 49
Other 151 112
Total expenses 2,086 2,050
Income before income tax expense 584 430
Income tax expense (benefit) 82 62
Net income 502 368
Net income available to common shareholders $ 446 $ 319
Earnings per common share:    
Basic (in USD per share) $ 1.17 $ 0.80
Diluted (in USD per share) $ 1.15 $ 0.79
Average common shares outstanding (in thousands):    
Basic (in shares) 381,224 399,421
Diluted (in shares) 386,417 403,615
Cash dividends declared (in USD per share) $ 0.38 $ 0.34