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Summary of significant accounting and reporting policies Summary of significant accounting and reporting policies (Tables)
12 Months Ended
Dec. 31, 2015
Accounting Policies [Abstract]  
Equity Method Investments
Our most significant equity method investments are:

Equity method investments at Dec. 31, 2015
 
(dollars in millions)
Percentage ownership

Book value
 
 
CIBC Mellon
50.0
%
 
$
473

 
Siguler Guff
20.0
%
 
$
262

 
ConvergEx
33.9
%
 
$
86

(a)
(a)
In addition to the common ownership interest noted, BNY Mellon also holds an interest in ConvergEx nonvoting Series B preferred units.  The book value at Dec. 31, 2015 is reflective of our combined common and preferred interests in ConvergEx.