XML 171 R137.htm IDEA: XBRL DOCUMENT v3.22.0.1
Line of Business Information - Summary of Line of Business (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Segment Reporting Information [Line Items]      
Servicing fees $ 5,549 $ 5,167 $ 5,074
Management fees 2,053 1,880 1,824
Foreign exchange trading services 1,211 1,363 1,058
Securities finance 416 356 471
Software and processing fees 783 733 720
Total fee revenue 10,012 9,499 9,147
Net interest income 1,905 2,200 2,566
Total other income 110 4 43
Total revenue 12,027 11,703 11,756
Provision for credit losses (33) 88 10
Total expenses 8,889 8,716 9,034
Income before income tax expense $ 3,171 $ 2,899 $ 2,712
Pre-tax margin 26.00% 25.00% 23.00%
Average assets (in billions) $ 299,700 $ 269,300 $ 223,300
Operating Segments      
Segment Reporting Information [Line Items]      
Management fees 2,053    
Foreign exchange trading services 62    
Securities finance 14    
Software and processing fees 4    
Net interest income (14)    
Operating Segments | Investment Servicing      
Segment Reporting Information [Line Items]      
Servicing fees 5,549 5,167 5,074
Management fees 0 0 0
Foreign exchange trading services 1,149 1,299 974
Securities finance 402 342 462
Software and processing fees 779 706 691
Total fee revenue 7,879 7,514 7,201
Net interest income 1,919 2,211 2,590
Total other income (1) 4 43
Total revenue 9,797 9,729 9,834
Provision for credit losses (33) 88 10
Total expenses 7,182 7,071 7,140
Income before income tax expense $ 2,648 $ 2,570 $ 2,684
Pre-tax margin 27.00% 26.00% 27.00%
Average assets (in billions) $ 296,500 $ 266,400 $ 220,300
Operating Segments | Investment Management      
Segment Reporting Information [Line Items]      
Servicing fees 0 0 0
Management fees 2,053 1,880 1,824
Foreign exchange trading services 62 64 84
Securities finance 14 14 9
Software and processing fees 4 27 29
Total fee revenue 2,133 1,985 1,946
Net interest income (14) (11) (24)
Total other income 0 0 0
Total revenue 2,119 1,974 1,922
Provision for credit losses 0 0 0
Total expenses 1,445 1,471 1,535
Income before income tax expense $ 674 $ 503 $ 387
Pre-tax margin 32.00% 25.00% 20.00%
Average assets (in billions) $ 3,200 $ 2,900 $ 3,000
Other      
Segment Reporting Information [Line Items]      
Servicing fees 0 0 0
Management fees 0 0 0
Foreign exchange trading services 0 0 0
Securities finance 0 0 0
Software and processing fees 0 0 0
Total fee revenue 0 0 0
Net interest income 0 0 0
Total other income 111 0 0
Total revenue 111 0 0
Provision for credit losses 0 0 0
Total expenses 262 174 359
Income before income tax expense $ (151) $ (174) $ (359)