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Summary of significant accounting and reporting policies Summary of significant accounting and reporting policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Equity Method Investments
Below are our most significant equity method investments, other than the investments in renewable energy.

Equity method investments at Dec. 31, 2016
 
(dollars in millions)
Percentage ownership

Book value
 
 
CIBC Mellon
50.0
%
 
$
509

 
Siguler Guff
20.0
%
 
$
256

 
ConvergEx
33.9
%
 
$
76

(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, 2016 is reflective of our combined common and preferred interests in ConvergEx.