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Consolidated Statement of Income - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Fee revenue:      
Servicing fees $ 5,365 $ 5,073 $ 5,153
Management fees 1,616 1,292 1,174
Trading services 1,071 1,099 1,146
Securities finance 606 562 496
Processing fees and other 247 90 309
Total fee revenue 8,905 8,116 8,278
Net interest income:      
Interest income 2,908 2,512 2,488
Interest expense 604 428 400
Net interest income 2,304 2,084 2,088
Gains (losses) related to investment securities, net:      
Gains (losses) from sales of available-for-sale securities, net (39) 10 (5)
Losses from other-than-temporary impairment 0 (2) (1)
Losses reclassified (from) to other comprehensive income 0 (1) 0
Gains (losses) related to investment securities, net (39) 7 (6)
Total revenue 11,170 10,207 10,360
Provision for loan losses 2 10 12
Expenses:      
Compensation and employee benefits 4,394 4,353 4,061
Information systems and communications 1,167 1,105 1,022
Transaction processing services 838 800 793
Occupancy 461 440 444
Acquisition and restructuring costs 266 209 25
Professional services 340 379 490
Amortization of other intangible assets 214 207 197
Other 589 584 1,018
Total expenses 8,269 8,077 8,050
Income before income tax expense (benefit) 2,899 2,120 2,298
Income tax expense (benefit) 722 (22) 318
Net income from non-controlling interest 0 1 0
Net income 2,177 2,143 1,980
Net income available to common shareholders $ 1,993 $ 1,968 $ 1,848
Earnings per common share:      
Basic (in USD per share) $ 5.32 $ 5.03 $ 4.53
Diluted (in USD per share) $ 5.24 $ 4.97 $ 4.47
Average common shares outstanding (in thousands):      
Basic (in shares) 374,793 391,485 407,856
Diluted (in shares) 380,213 396,090 413,638
Cash dividends declared (in USD per share) $ 1.6 $ 1.44 $ 1.32