Segment Reporting (Tables)

9 Months Ended

Aug. 31, 2018

Segment Reporting [Abstract]

Net Revenues, Expenses and Total Assets by Segment

Our net revenues, non-interest expenses and earnings (loss) before income taxes by reportable business segment are summarized below (in millions):

	Three Months Ended   August 31,						Nine Months Ended   August 31,
	2018			2017			2018			2017
Capital Markets:
Net revenues	$	771.1		$	788.4		$	2,388.8		$	2,349.6
Non-interest expenses	678.8			663.4			2,050.4			1,971.9
Earnings before income taxes	$	92.3		$	125.0		$	338.4		$	377.7
Asset Management:
Net revenues	$	6.5		$	12.3		$	32.6		$	25.9
Non-interest expenses	11.7			15.0			39.3			41.0
Loss before income taxes	$	(5.2	)	$	(2.7	)	$	(6.7	)	$	(15.1	)
Total:
Net revenues	$	777.6		$	800.7		$	2,421.4		$	2,375.5
Non-interest expenses	690.5			678.4			2,089.7			2,012.9
Earnings before income taxes	$	87.1		$	122.3		$	331.7		$	362.6

The following table summarizes our total assets by reportable business segment (in millions):

	August 31, 2018		November 30, 2017
Total Assets by Reportable Business Segment:
Capital Markets	$	39,532.2	$	38,620.4
Asset Management	1,040.3		1,085.3
Total assets	$	40,572.5	$	39,705.7

Net Revenues by Geographic Region

Net revenues by geographic region were as follows (in millions):

	Three Months Ended   August 31,				Nine Months Ended   August 31,
	2018		2017		2018		2017
Americas (1)	$	639.7	$	674.5	$	2,042.4	$	1,921.7
Europe (2)	115.9		99.1		313.4		378.4
Asia	22.0		27.1		65.6		75.4
Net revenues	$	777.6	$	800.7	$	2,421.4	$	2,375.5

(1) Substantially all relates to U.S. results.

(2) Substantially all relates to U.K. results.