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International operations
12 Months Ended
Dec. 31, 2019
Segments, Geographical Areas [Abstract]  
International operations International operations

International activity includes Investment Services and Investment Management fee revenue generating businesses, foreign exchange trading activity, loans and other revenue producing assets and transactions in which the customer is domiciled outside of the United States and/or the international activity is resident at an international entity. Due to the nature of our international and domestic activities, it is not possible to precisely distinguish our international operations between internationally and domestically
domiciled customers. As a result, it is necessary to make certain subjective assumptions such as:

Income from international operations is determined after internal allocations for interest revenue, taxes, expenses and provision for credit losses.
Expense charges to international operations include those directly incurred in connection with such activities, as well as an allocable share of general support and overhead charges.

Total assets, total revenue, income before income taxes and net income of our international operations are shown in the table below.

International operations
International
Total
International

 
Total
Domestic

 
 
(in millions)
Europe, the Middle East and Africa

 
Asia-Pacific region

Other

 
 
Total

2019
 
 
 
 
 
 
 
 
 
 
 
Total assets at period end (a)
$
74,504

(b)
$
36,347

$
2,636

$
113,487

 
$
268,021

 
$
381,508

 
Total revenue
3,833

(b)
1,161

737

5,731

 
10,731

 
16,462

 
Income before income taxes
1,447

 
548

506

2,501

 
3,086

 
5,587

 
Net income
1,116

 
423

390

1,929

 
2,538

 
4,467

2018
 
 
 
 
 
 
 
 
 
 
 
Total assets at period end (a)
$
74,982

(b)
$
23,199

$
1,483

$
99,664

 
$
263,209

 
$
362,873

 
Total revenue
4,252

(b)
1,103

684

6,039

 
10,353

 
16,392

 
Income before income taxes
1,694

 
564

455

2,713

 
2,479

 
5,192

 
Net income
1,345

 
448

361

2,154

 
2,100

 
4,254

2017
 
 
 
 
 
 
 
 
 
 
 
Total assets at period end (a)
$
88,490

(b)
$
20,676

$
1,737

$
110,903

 
$
260,855

 
$
371,758

 
Total revenue
3,982

(b)
997

610

5,589

 
9,954

 
15,543

 
Income before income taxes
1,497

 
538

296

2,331

 
2,279

 
4,610

 
Net income
1,186

 
426

234

1,846

 
2,268

 
4,114

(a)
Total assets include long-lived assets, which are not considered by management to be significant in relation to total assets. Long-lived assets are primarily located in the U.S.
(b)
Includes assets of approximately $30.8 billion, $30.6 billion and $32.9 billion and revenue of approximately $2.6 billion, $2.6 billion and $2.4 billion in 2019, 2018 and 2017, respectively, of international operations domiciled in the UK, which is 8%, 8% and 9% of total assets and 16%, 16% and 15% of total revenue, respectively.