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Consolidated Income Statement (unaudited) (USD $)
In Millions, except Share data in Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2015
Dec. 31, 2014
Mar. 31, 2014
Investment services fees:      
Foreign exchange and other trading revenue $ 229bk_ForeignExchangeAndOtherTradingActivities $ 151bk_ForeignExchangeAndOtherTradingActivities $ 136bk_ForeignExchangeAndOtherTradingActivities
Net securities gains 24bk_NetSecuritiesGainLoss 31bk_NetSecuritiesGainLoss 22bk_NetSecuritiesGainLoss
Total fee and other revenue 3,033us-gaap_NoninterestIncome [1] 2,953us-gaap_NoninterestIncome [2] 2,899us-gaap_NoninterestIncome [3]
Net interest revenue      
Interest revenue 807us-gaap_InterestAndDividendIncomeOperating 802us-gaap_InterestAndDividendIncomeOperating 812us-gaap_InterestAndDividendIncomeOperating
Interest expense 79us-gaap_InterestExpense 90us-gaap_InterestExpense 84us-gaap_InterestExpense
Net interest revenue 728us-gaap_InterestIncomeExpenseNet 712us-gaap_InterestIncomeExpenseNet 728us-gaap_InterestIncomeExpenseNet
Provision for credit losses 2bk_ProvisionForRecoveryOfLoanLeaseAndOtherLosses 1bk_ProvisionForRecoveryOfLoanLeaseAndOtherLosses (18)bk_ProvisionForRecoveryOfLoanLeaseAndOtherLosses
Net interest revenue after provision for credit losses 726us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 711us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss 746us-gaap_InterestIncomeExpenseAfterProvisionForLoanLoss
Noninterest expense      
Staff 1,485us-gaap_LaborAndRelatedExpense 1,418us-gaap_LaborAndRelatedExpense 1,511us-gaap_LaborAndRelatedExpense
Professional, legal and other purchased services 302us-gaap_ProfessionalFees 390us-gaap_ProfessionalFees 312us-gaap_ProfessionalFees
Software 158us-gaap_InformationTechnologyAndDataProcessing 160us-gaap_InformationTechnologyAndDataProcessing 152us-gaap_InformationTechnologyAndDataProcessing
Net occupancy 151us-gaap_OccupancyNet 150us-gaap_OccupancyNet 154us-gaap_OccupancyNet
Distribution and servicing 98us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 102us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees 107us-gaap_ExpenseRelatedToDistributionOrServicingAndUnderwritingFees
Furniture and equipment 70us-gaap_EquipmentExpense 75us-gaap_EquipmentExpense 85us-gaap_EquipmentExpense
Sub-custodian 70us-gaap_NoninterestExpenseTransferAgentAndCustodianFees 70us-gaap_NoninterestExpenseTransferAgentAndCustodianFees 68us-gaap_NoninterestExpenseTransferAgentAndCustodianFees
Business development 61us-gaap_BusinessDevelopment 75us-gaap_BusinessDevelopment 64us-gaap_BusinessDevelopment
Other 242us-gaap_OtherNoninterestExpense 211us-gaap_OtherNoninterestExpense 223us-gaap_OtherNoninterestExpense
Amortization of intangible assets 66us-gaap_AmortizationOfIntangibleAssets 73us-gaap_AmortizationOfIntangibleAssets 75us-gaap_AmortizationOfIntangibleAssets
Merger and integration, litigation and restructuring charges (3)bk_MergerAndIntegrationLitigationAndRestructuringCharges 800bk_MergerAndIntegrationLitigationAndRestructuringCharges (12)bk_MergerAndIntegrationLitigationAndRestructuringCharges
Total noninterest expense 2,700us-gaap_NoninterestExpense 3,524us-gaap_NoninterestExpense 2,739us-gaap_NoninterestExpense
Income      
Income before income taxes 1,149bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes 164bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes 926bk_IncomeLossFromContinuingOperationsBeforeIncomeTaxes
Provision (benefit) for income taxes 280us-gaap_IncomeTaxExpenseBenefit (93)us-gaap_IncomeTaxExpenseBenefit 232us-gaap_IncomeTaxExpenseBenefit
Net income (loss) 869us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 257us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 694us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Net (income) attributable to noncontrolling interests (includes $(90), $(24) and $(20) related to consolidated investment management funds, respectively) (90)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (24)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (20)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net income applicable to shareholders of The Bank of New York Mellon Corporation 779us-gaap_NetIncomeLoss 233us-gaap_NetIncomeLoss 674us-gaap_NetIncomeLoss
Preferred stock dividends (13)us-gaap_PreferredStockDividendsIncomeStatementImpact (24)us-gaap_PreferredStockDividendsIncomeStatementImpact (13)us-gaap_PreferredStockDividendsIncomeStatementImpact
Net income applicable to common shareholders of The Bank of New York Mellon Corporation 766us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 209us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 661us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Reconciliation of net income to the net income applicable to common shareholders of The Bank of New York Mellon Corporation      
Net income applicable to common shareholders of The Bank of New York Mellon Corporation 766us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 209us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic 661us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Less: Earnings allocated to participating securities 12bk_ParticipatingSecuritiesDistributedAndUndistributedEarningsBasicandDiluted 4bk_ParticipatingSecuritiesDistributedAndUndistributedEarningsBasicandDiluted 13bk_ParticipatingSecuritiesDistributedAndUndistributedEarningsBasicandDiluted
Net income applicable to the common shareholders of The Bank of New York Mellon Corporation after required adjustment for the calculation of basic and diluted earnings per common share 754bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments 205bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments 648bk_NetIncomeLossAvailableToCommonShareholdersAfterRequiredAdjustments
Average common shares and equivalents outstanding of The Bank of New York Mellon Corporation      
Basic (shares) 1,118,602us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,120,672us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 1,138,645us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Common stock equivalents (shares) 18,667us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 21,067us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment 20,435us-gaap_WeightedAverageNumberDilutedSharesOutstandingAdjustment
Less: Participating securities (shares) (10,963)us-gaap_WeightedAverageNumberOfSharesRestrictedStock (12,699)us-gaap_WeightedAverageNumberOfSharesRestrictedStock (14,570)us-gaap_WeightedAverageNumberOfSharesRestrictedStock
Diluted (shares) 1,126,306us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,129,040us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 1,144,510us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
Anti-dilutive securities (shares) 37,517us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [4] 39,944us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [4] 47,997us-gaap_AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount [4]
Basic:      
Basic (usd per share) $ 0.67us-gaap_EarningsPerShareBasic [5] $ 0.18us-gaap_EarningsPerShareBasic [5] $ 0.57us-gaap_EarningsPerShareBasic [5]
Diluted:      
Diluted (usd per share) $ 0.67us-gaap_EarningsPerShareDiluted [5] $ 0.18us-gaap_EarningsPerShareDiluted [5] $ 0.57us-gaap_EarningsPerShareDiluted [5]
Operations      
Investment services fees:      
Asset servicing 1,038bk_AssetServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,019bk_AssetServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,009bk_AssetServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Clearing services 344us-gaap_ClearingFeesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
347us-gaap_ClearingFeesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
325us-gaap_ClearingFeesRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Issuer services 232bk_IssuerServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
193bk_IssuerServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
229bk_IssuerServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Treasury services 137bk_TreasuryServices
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
145bk_TreasuryServices
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
136bk_TreasuryServices
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Total investment services fees 1,751bk_SecuritiesServicingAndTreasuryServicesFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,704bk_SecuritiesServicingAndTreasuryServicesFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1,699bk_SecuritiesServicingAndTreasuryServicesFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Investment management and performance fees 854us-gaap_AssetManagementFees1
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
885us-gaap_AssetManagementFees1
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
843us-gaap_AssetManagementFees1
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Foreign exchange and other trading revenue 229bk_ForeignExchangeAndOtherTradingActivities
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
151bk_ForeignExchangeAndOtherTradingActivities
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
136bk_ForeignExchangeAndOtherTradingActivities
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Distribution and servicing 41bk_DistributionAndServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
43bk_DistributionAndServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
43bk_DistributionAndServicing
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Financing-related fees 40bk_FinancingRelatedFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
43bk_FinancingRelatedFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
38bk_FinancingRelatedFees
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Investment and other income 63bk_InvestmentAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
78bk_InvestmentAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
102bk_InvestmentAndOtherIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Total fee revenue 2,978bk_TotalFeeRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
2,904bk_TotalFeeRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
2,861bk_TotalFeeRevenue
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Net securities gains — including other-than-temporary impairment 26us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
30us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
23us-gaap_MarketableSecuritiesRealizedGainLossOtherThanTemporaryImpairmentsAmount
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Noncredit-related portion of other-than-temporary impairment (recognized in other comprehensive income) 2bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
(1)bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
1bk_NoncreditRelatedGainLossOnSecuritiesNotExpectedToBeSold
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Net securities gains 24bk_NetSecuritiesGainLoss
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
31bk_NetSecuritiesGainLoss
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
22bk_NetSecuritiesGainLoss
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Total fee and other revenue 3,002us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
2,935us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
2,883us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_OperationsMember
Investment Management funds      
Investment services fees:      
Total fee and other revenue 31us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
18us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
16us-gaap_NoninterestIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Operations of consolidated investment management funds      
Investment income 189bk_InvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
101bk_InvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
138bk_InvestmentIncome
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Interest of investment management fund note holders 68us-gaap_InterestExpenseOther
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
59us-gaap_InterestExpenseOther
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
102us-gaap_InterestExpenseOther
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Income from consolidated investment management funds 121us-gaap_InvestmentIncomeNet
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
42us-gaap_InvestmentIncomeNet
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
36us-gaap_InvestmentIncomeNet
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
Income      
Net (income) attributable to noncontrolling interests (includes $(90), $(24) and $(20) related to consolidated investment management funds, respectively) $ (90)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
$ (24)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
$ (20)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
/ us-gaap_StatementBusinessSegmentsAxis
= bk_InvestmentManagementFundsMember
[1] Both total fee and other revenue and total revenue include the net income from consolidated investment management funds of $31 million, representing $121 million of income and noncontrolling interests of $90 million. Income before taxes is net of noncontrolling interests of $90 million.
[2] Both total fee and other revenue and total revenue include the net income from consolidated investment management funds of $18 million, representing $42 million of income and noncontrolling interests of $24 million. Income before taxes is net of noncontrolling interests of $24 million.
[3] Both total fee and other revenue and total revenue include the net income from consolidated investment management funds of $16 million, representing $36 million of income and noncontrolling interests of $20 million. Income before taxes is net of noncontrolling interests of $20 million.
[4] Represents stock options, restricted stock, restricted stock units and participating securities outstanding but not included in the computation of diluted average common shares because their effect would be anti-dilutive.
[5] Basic and diluted earnings per share under the two-class method are determined on the net income applicable to common shareholders of The Bank of New York Mellon Corporation reported on the income statement less earnings allocated to participating securities, and the change in the excess of redeemable value over the fair value of noncontrolling interests, if applicable.