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Line of Business Information - Summary of Line of Business (Details) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Segment Reporting Information [Line Items]        
Servicing fees $ 1,266 $ 1,234 $ 3,733 $ 3,710
Management fees 527 479 1,548 1,397
Foreign exchange trading services 374 313 1,041 958
Securities finance 116 103 320 329
Software and processing fees 208 188 629 574
Other fee revenue 125 44 223 147
Total fee revenue 2,616 2,361 7,494 7,115
Net interest income 723 624 2,174 2,081
Total other income (loss) (80) (294) (80) (294)
Total revenue 3,259 2,691 9,588 8,902
Provision for credit losses 26 0 63 26
Total expenses 2,308 2,180 7,090 6,761
Income before income tax expense $ 925 $ 511 $ 2,435 $ 2,115
Pre-tax margin 28.00% 19.00% 25.00% 24.00%
Operating Segments | Investment Servicing        
Segment Reporting Information [Line Items]        
Servicing fees $ 1,266 $ 1,234 $ 3,733 $ 3,710
Management fees 0 0 0 0
Foreign exchange trading services 312 278 924 875
Securities finance 111 98 302 310
Software and processing fees 208 188 629 574
Other fee revenue 48 41 127 124
Total fee revenue 1,945 1,839 5,715 5,593
Net interest income 716 620 2,157 2,069
Total other income (loss) 1 0 1 0
Total revenue 2,662 2,459 7,873 7,662
Provision for credit losses 26 0 63 26
Total expenses 1,891 1,798 5,734 5,626
Income before income tax expense $ 745 $ 661 $ 2,076 $ 2,010
Pre-tax margin 28.00% 27.00% 26.00% 26.00%
Operating Segments | Investment Management        
Segment Reporting Information [Line Items]        
Servicing fees $ 0 $ 0 $ 0 $ 0
Management fees 527 479 1,548 1,397
Foreign exchange trading services 47 35 102 83
Securities finance 5 5 18 19
Software and processing fees 0 0 0 0
Other fee revenue 11 3 30 23
Total fee revenue 590 522 1,698 1,522
Net interest income 7 4 17 12
Total other income (loss) 0 0 0 0
Total revenue 597 526 1,715 1,534
Provision for credit losses 0 0 0 0
Total expenses 417 379 1,225 1,126
Income before income tax expense $ 180 $ 147 $ 490 $ 408
Pre-tax margin 30.00% 28.00% 29.00% 27.00%
Other        
Segment Reporting Information [Line Items]        
Servicing fees $ 0 $ 0 $ 0 $ 0
Management fees 0 0 0 0
Foreign exchange trading services 15 0 15 0
Securities finance 0 0 0 0
Software and processing fees 0 0 0 0
Other fee revenue 66 0 66 0
Total fee revenue 81 0 81 0
Net interest income 0 0 0 0
Total other income (loss) (81) (294) (81) (294)
Total revenue 0 (294) 0 (294)
Provision for credit losses 0 0 0 0
Total expenses 0 3 131 9
Income before income tax expense $ 0 $ (297) $ (131) $ (303)