XML 377 R98.htm IDEA: XBRL DOCUMENT v3.10.0.1
Line of Business Information - Summary of Line of Business (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Segment Reporting Information [Line Items]        
Servicing fees $ 1,333 $ 1,351 $ 4,135 $ 3,986
Management fees 474 419 1,411 1,198
Trading services 288 259 907 823
Securities finance 128 147 423 459
Processing fees and other 57 66 140 209
Total fee revenue 2,280 2,242 7,016 6,675
Net interest income 672 603 1,974 1,688
Gains (losses) related to investment securities, net (1) 1 6 (39)
Total revenue 2,951 2,846 8,996 8,324
Provision for loan losses 5 3 7 4
Total expenses 2,079 2,021 6,494 6,138
Income before income tax expense (benefit) $ 867 $ 822 $ 2,495 $ 2,182
Pre-tax margin 29.00% 29.00% 28.00% 26.00%
Investment Servicing        
Segment Reporting Information [Line Items]        
Total revenue $ 2,444   $ 7,496  
Investment Management        
Segment Reporting Information [Line Items]        
Total revenue 507   1,500  
Operating Segments | Investment Servicing        
Segment Reporting Information [Line Items]        
Servicing fees 1,333 $ 1,351 4,135 $ 3,986
Management fees 0 0 0 0
Trading services 255 239 810 768
Securities finance 128 147 423 459
Processing fees and other 49 65 131 203
Total fee revenue 1,765 1,802 5,499 5,416
Net interest income 680 606 1,991 1,691
Gains (losses) related to investment securities, net (1) 1 6 (39)
Total revenue 2,444 2,409 7,496 7,068
Provision for loan losses 5 3 7 4
Total expenses 1,693 1,673 5,244 5,050
Income before income tax expense (benefit) $ 746 $ 733 $ 2,245 $ 2,014
Pre-tax margin 31.00% 30.00% 30.00% 28.00%
Operating Segments | Investment Management        
Segment Reporting Information [Line Items]        
Servicing fees $ 0 $ 0 $ 0 $ 0
Management fees 474 419 1,411 1,198
Trading services 33 20 97 55
Securities finance 0 0 0 0
Processing fees and other 8 1 9 6
Total fee revenue 515 440 1,517 1,259
Net interest income (8) (3) (17) (3)
Gains (losses) related to investment securities, net 0 0 0 0
Total revenue 507 437 1,500 1,256
Provision for loan losses 0 0 0 0
Total expenses 386 314 1,173 954
Income before income tax expense (benefit) $ 121 $ 123 $ 327 $ 302
Pre-tax margin 24.00% 28.00% 22.00% 24.00%
Other        
Segment Reporting Information [Line Items]        
Servicing fees $ 0 $ 0 $ 0 $ 0
Management fees 0 0 0 0
Trading services 0 0 0 0
Securities finance 0 0 0 0
Processing fees and other 0 0 0 0
Total fee revenue 0 0 0 0
Net interest income 0 0 0 0
Gains (losses) related to investment securities, net 0 0 0 0
Total revenue 0 0 0 0
Provision for loan losses 0 0 0 0
Total expenses 0 34 77 134
Income before income tax expense (benefit) $ 0 $ (34) $ (77) $ (134)