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Consolidated Statement of Changes in Equity (unaudited) - USD ($)
$ in Millions
Total
Preferred stock
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive (loss), net of tax
Treasury stock
Non-redeemable noncontrolling interests of consolidated investment management funds
Redeemable non- controlling interests/ temporary equity
Cumulative Effect, Period of Adoption, Adjustment
Cumulative Effect, Period of Adoption, Adjustment
Retained earnings
Cumulative Effect, Period of Adoption, Adjustment
Accumulated other comprehensive (loss), net of tax
Cumulative Effect, Period of Adoption, Adjusted Balance
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Common stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Additional paid-in capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained earnings
Cumulative Effect, Period of Adoption, Adjusted Balance
Accumulated other comprehensive (loss), net of tax
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Non-redeemable noncontrolling interests of consolidated investment management funds
Cumulative Effect, Period of Adoption, Adjusted Balance
Redeemable non- controlling interests/ temporary equity
Beginning Balance at Dec. 31, 2019 $ 41,585 [1] $ 3,542 $ 14 $ 27,515 $ 31,894 $ (2,638) $ (18,844) $ 102 $ 143 $ 40 $ 45 $ (5) $ 41,625 $ 3,542 $ 14 $ 27,515 $ 31,939 $ (2,643) $ (18,844) $ 102 $ 143
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Shares issued to shareholders of noncontrolling interests                 55                        
Redemption of subsidiary shares from noncontrolling interests                 (17)                        
Other net changes in noncontrolling interests 140     (5)       145 (2)                        
Net income (loss) 2,871       2,867     4                          
Other comprehensive income (loss) 1,284         1,284                              
Other comprehensive income (loss) 0               0                        
Dividends:                                          
Common stock (839)       (839)                                
Preferred stock (146)       (146)                                
Repurchase of common stock (988)           (988)                            
Common stock issued under employee benefit plans 21     21                                  
Preferred stock issued 990 990                                      
Stock awards and options exercised 210     210                                  
Ending Balance at Sep. 30, 2020 45,168 [1],[2] 4,532 14 27,741 33,821 (1,359) (19,832) 251 179                        
Beginning Balance at Jun. 30, 2020 43,809 [2] 4,532 14 27,702 33,224 (1,943) (19,832) 112 157                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Shares issued to shareholders of noncontrolling interests                 21                        
Redemption of subsidiary shares from noncontrolling interests                 (1)                        
Other net changes in noncontrolling interests 132     0       132 0                        
Net income (loss) 944       937     7                          
Other comprehensive income (loss) 584         584                              
Other comprehensive income (loss) 2               2                        
Dividends:                                          
Common stock (279)       (279)                                
Preferred stock (61)       (61)                                
Common stock issued under employee benefit plans 6     6                                  
Stock awards and options exercised 33     33                                  
Ending Balance at Sep. 30, 2020 45,168 [1],[2] 4,532 14 27,741 33,821 (1,359) (19,832) 251 179                        
Beginning Balance at Dec. 31, 2020 45,944 [3] 4,541 14 27,823 34,241 (985) (19,833) 143 176                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Shares issued to shareholders of noncontrolling interests                 37                        
Redemption of subsidiary shares from noncontrolling interests                 (52)                        
Other net changes in noncontrolling interests 100     (24)       124 17                        
Net income (loss) 2,902       2,896     6                          
Other comprehensive income (loss) (1,018)         (1,018)                              
Other comprehensive income (loss) 0               0                        
Dividends:                                          
Common stock [4] (846)       (846)                                
Preferred stock (166)       (166)                                
Repurchase of common stock (3,318)           (3,318)                            
Common stock issued under employee benefit plans 14     14                                  
Stock awards and options exercised 262     262                                  
Ending Balance at Sep. 30, 2021 43,874 [3],[5] 4,541 14 28,075 36,125 (2,003) (23,151) 273 178                        
Beginning Balance at Mar. 31, 2021 45,216 [6] 4,541 14 27,928 34,822 (1,819) (20,532) 262 187                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Shares issued to shareholders of noncontrolling interests                 6                        
Redemption of subsidiary shares from noncontrolling interests                 (22)                        
Other net changes in noncontrolling interests 86     9       77 (2)                        
Net income (loss) 1,027       1,022     5                          
Other comprehensive income (loss) 149         149                              
Other comprehensive income (loss) 0               0                        
Dividends:                                          
Common stock [7] (273)       (273)                                
Preferred stock (31)       (31)                                
Repurchase of common stock (618)           (618)                            
Common stock issued under employee benefit plans 5     5                                  
Stock awards and options exercised 64     64                                  
Ending Balance at Jun. 30, 2021 45,625 [5],[6] 4,541 14 28,006 35,540 (1,670) (21,150) 344 169                        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                          
Shares issued to shareholders of noncontrolling interests                 8                        
Other net changes in noncontrolling interests (67)     0       (67) 1                        
Net income (loss) 943       947     (4)                          
Other comprehensive income (loss) (333)         (333)                              
Other comprehensive income (loss) 0               0                        
Dividends:                                          
Common stock [8] (296)       (296)                                
Preferred stock (66)       (66)                                
Repurchase of common stock (2,001)           (2,001)                            
Common stock issued under employee benefit plans 4     4                                  
Stock awards and options exercised 65     65                                  
Ending Balance at Sep. 30, 2021 $ 43,874 [3],[5] $ 4,541 $ 14 $ 28,075 $ 36,125 $ (2,003) $ (23,151) $ 273 $ 178                        
[1] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $37,941 million at Dec. 31, 2019 and $40,385 million at Sept. 30, 2020.
[2] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $39,165 million at June 30, 2020 and $40,385 million at Sept. 30, 2020.
[3] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $41,260 million at Dec. 31, 2020 and $39,060 million at Sept. 30, 2021.
[4] Includes dividend-equivalents on share-based awards.
[5] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $40,740 million at June 30, 2021 and $39,060 million at Sept. 30, 2021.
[6] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $40,413 million at March 31, 2021 and $40,740 million at June 30, 2021.
[7] Includes dividend-equivalents on share-based awards.
[8] Includes dividend-equivalents on share-based awards.