Net Interest Revenue (Tables)

3 Months Ended

Mar. 31, 2015

Interest Revenue (Expense), Net [Abstract]

Net Interest Revenue

The following table provides the components of net interest revenue presented on the consolidated income statement.

Net interest revenue	Quarter ended
(in millions)	March 31, 2015			Dec. 31, 2014			March 31, 2014
Interest revenue
Non-margin loans	$	173		$	178		$	169
Margin loans	50			48			42
Securities:
Taxable	439			417			405
Exempt from federal income taxes	22			22			27
Total securities	461			439			432
Deposits with banks	30			30			73
Deposits with the Federal Reserve and other central banks	45			55			46
Federal funds sold and securities purchased under resale agreements	30			26			17
Trading assets	18			26			33
Total interest revenue	807			802			812
Interest expense
Deposits	15			13			22
Federal funds purchased and securities sold under repurchase agreements	(3		)	(2		)	(4		)
Trading liabilities	2			4			8
Other borrowed funds	2			2			1
Commercial paper	—			1			—
Customer payables	2			3			2
Long-term debt	61			69			55
Total interest expense	79			90			84
Net interest revenue	$	728		$	712		$	728