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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Total
Preferred stock
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive (loss) income, net of tax
Treasury stock
Non- redeemable noncontrolling interests of consolidated investment management funds
Redeemable non- controlling interests/ temporary equity
Beginning Balance at Dec. 31, 2013 $ 38,280 $ 1,562 $ 13 $ 24,002 $ 15,952 $ (892) $ (3,140) $ 783 $ 230 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares issued to shareholders of noncontrolling interests                 63
Redemption of subsidiary shares from noncontrolling interests (31)     (31)         (103)
Other net changes in noncontrolling interests 287     10       277 53
Net income (loss) 2,651       2,567     84 0
Other comprehensive (loss) (853)         (742)   (111) (14)
Dividends:                  
Common stock (763)       (763)        
Preferred stock (73)       (73)        
Repurchase of common stock (1,669)           (1,669)    
Common stock issued under:                  
Employee benefit plans 24     24          
Direct stock purchase and dividend reinvestment plan 21     21          
Stock awards and options exercised 600     600          
Ending Balance at Dec. 31, 2014 38,474 1,562 13 24,626 17,683 (1,634) (4,809) 1,033 229 [1],[2]
Adjustment for the cumulative effect of applying ASU 2015-02 | Cumulative-Effect Adjustment, Consolidation of Variable Interest Entity 602 0 0 0 0 0 0 602 0
Adjustment for the cumulative effect of applying ASU 2015-02 | Cumulative-Effect Adjustment, Deconsolidation of Variable Interest Entity (866) 0 0 0 0 0 0 (866) 0
Adjusted balance at Jan. 1, 2015 38,210 1,562 13 24,626 17,683 (1,634) (4,809) 769 229
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares issued to shareholders of noncontrolling interests                 48
Redemption of subsidiary shares from noncontrolling interests                 (92)
Other net changes in noncontrolling interests (99)     (26)       (73) 29
Net income (loss) 3,226       3,158     68 (4)
Other comprehensive (loss) (992)         (966)   (26) (10)
Dividends:                  
Common stock (762)       (762)        
Preferred stock (105)       (105)        
Repurchase of common stock (2,355)           (2,355)    
Common stock issued under:                  
Employee benefit plans 25     25          
Direct stock purchase and dividend reinvestment plan 21     21          
Preferred stock issued 990 990              
Stock awards and options exercised 616     616          
Ending Balance at Dec. 31, 2015 38,775 2,552 13 25,262 19,974 (2,600) (7,164) 738 200 [2],[3]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares issued to shareholders of noncontrolling interests                 55
Redemption of subsidiary shares from noncontrolling interests                 (102)
Other net changes in noncontrolling interests (154)     (24)       (130) 38
Net income (loss) 3,557       3,547     10 (9)
Other comprehensive (loss) (1,165)         (1,165)     (31)
Dividends:                  
Common stock (778)       (778)        
Preferred stock (122)       (122)        
Repurchase of common stock (2,398)           (2,398)    
Common stock issued under:                  
Employee benefit plans 27     27          
Direct stock purchase and dividend reinvestment plan 21     21          
Preferred stock issued 990 990              
Stock awards and options exercised 676     676          
Ending Balance at Dec. 31, 2016 $ 39,429 $ 3,542 $ 13 $ 25,962 $ 22,621 $ (3,765) $ (9,562) $ 618 $ 151 [3]
[1] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $35,935 million at Dec. 31, 2013 and $35,879 million at Dec. 31, 2014.
[2] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $35,879 million at Dec. 31, 2014 and $35,485 million at Dec. 31, 2015.
[3] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $35,485 million at Dec. 31, 2015 and $35,269 million at Dec. 31, 2016.