XML 113 R102.htm IDEA: XBRL DOCUMENT v3.22.2
Business segments - Contribution of Segments to Overall Profitability (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Mar. 31, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Segment Reporting Information [Line Items]          
Total fee and other revenue $ 3,430 $ 3,228 $ 3,315 $ 6,658 $ 6,581
Net interest revenue (expense) 824 698 645 1,522 1,300
Provision for credit losses 47 2 (86) 49 (169)
Noninterest expense 3,112 3,006 2,778 6,118 5,629
Net income (loss) attributable to noncontrolling interests (5) (8) 5 (13) 10
Operating segments          
Segment Reporting Information [Line Items]          
Total fee and other revenue 3,435 3,236 3,310 6,671 6,571
Net interest revenue (expense) 824 698 645 1,522 1,300
Total revenue 4,259 3,934 3,955 8,193 7,871
Provision for credit losses 47 2 (86) 49 (169)
Noninterest expense 3,112 3,006 2,778 6,118 5,629
Income (loss) before income taxes $ 1,100 $ 926 $ 1,263 $ 2,026 $ 2,411
Pre-tax operating margin 26.00% 23.00% 32.00% 25.00% 31.00%
Average assets $ 437,623 $ 440,202 $ 452,329 $ 438,924 $ 456,332
Operating segments | Securities Services          
Segment Reporting Information [Line Items]          
Total fee and other revenue 1,549 1,403 1,433 2,952 2,864
Net interest revenue (expense) 457 377 354 834 710
Total revenue 2,006 1,780 1,787 3,786 3,574
Provision for credit losses 13 (10) (58) 3 (108)
Noninterest expense 1,656 1,510 1,400 3,166 2,819
Income (loss) before income taxes $ 337 $ 280 $ 445 $ 617 $ 863
Pre-tax operating margin 17.00% 16.00% 25.00% 16.00% 24.00%
Average assets $ 219,797 $ 220,889 $ 231,152 $ 220,340 $ 229,620
Operating segments | Market and Wealth Services          
Segment Reporting Information [Line Items]          
Total fee and other revenue 974 906 903 1,880 1,817
Net interest revenue (expense) 340 296 289 636 578
Total revenue 1,314 1,202 1,192 2,516 2,395
Provision for credit losses 4 (2) (19) 2 (48)
Noninterest expense 702 708 652 1,410 1,334
Income (loss) before income taxes $ 608 $ 496 $ 559 $ 1,104 $ 1,109
Pre-tax operating margin 46.00% 41.00% 47.00% 44.00% 46.00%
Average assets $ 141,952 $ 141,183 $ 144,297 $ 141,570 $ 146,546
Operating segments | Investment and Wealth Management          
Segment Reporting Information [Line Items]          
Total fee and other revenue 837 907 952 1,744 1,895
Net interest revenue (expense) 62 57 47 119 95
Total revenue 899 964 999 1,863 1,990
Provision for credit losses 0 (3) (4) (3) 0
Noninterest expense 691 755 677 1,446 1,386
Income (loss) before income taxes $ 208 $ 212 $ 326 $ 420 $ 604
Pre-tax operating margin 23.00% 22.00% 33.00% 23.00% 30.00%
Average assets $ 33,668 $ 35,629 $ 30,370 $ 34,643 $ 31,213
Net income (loss) attributable to noncontrolling interests (5) (8) 5 (13) 10
Operating segments | Other          
Segment Reporting Information [Line Items]          
Total fee and other revenue 75 20 22 95 (5)
Net interest revenue (expense) (35) (32) (45) (67) (83)
Total revenue 40 (12) (23) 28 (88)
Provision for credit losses 30 17 (5) 47 (13)
Noninterest expense 63 33 49 96 90
Income (loss) before income taxes (53) (62) (67) (115) (165)
Average assets $ 42,206 $ 42,501 $ 46,510 $ 42,371 $ 48,953