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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
Nonredeemable noncontrolling interests of consolidated investment management funds
Redeemable non- controlling interests/ temporary equity
Beginning Balance at Dec. 31, 2020 $ 45,944 [1] $ 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 (loss) (1,018)         (1,018)      
Other comprehensive (loss) 0                
Dividends:                  
Common stock [2] (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 [1],[3] 4,541 14 28,075 36,125 (2,003) (23,151) 273 178
Beginning Balance at Jun. 30, 2021 45,625 [3] 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)             (67) 1
Net income (loss) 943       947     (4)  
Other comprehensive (loss) (333)         (333)      
Other comprehensive (loss) 0                
Dividends:                  
Common stock [4] (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 [1],[3] 4,541 14 28,075 36,125 (2,003) (23,151) 273 178
Beginning Balance at Dec. 31, 2021 43,230 [5] 4,838 14 28,128 36,667 (2,213) (24,400) 196 161
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares issued to shareholders of noncontrolling interests                 26
Redemption of subsidiary shares from noncontrolling interests                 (15)
Other net changes in noncontrolling interests (179)     (3)       (176) 5
Net income (loss) 2,017       2,030     (13)  
Other comprehensive (loss) (4,414)         (4,414)      
Other comprehensive (loss) (25)               (25)
Dividends:                  
Common stock [6] (860)       (860)        
Preferred stock (177)       (177)        
Repurchase of common stock (122)           (122)    
Common stock issued under employee benefit plans 15     15          
Stock awards and options exercised 234     234          
Ending Balance at Sep. 30, 2022 39,744 [5],[7] 4,838 14 28,374 37,660 (6,627) (24,522) 7 152
Beginning Balance at Mar. 31, 2022 41,997 [8] 4,838 14 28,258 37,088 (3,881) (24,518) 198 155
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares issued to shareholders of noncontrolling interests                 2
Other net changes in noncontrolling interests (186)             (186)  
Net income (loss) 864       869     (5)  
Other comprehensive (loss) (1,426)         (1,426)      
Other comprehensive (loss) (3)               (3)
Dividends:                  
Common stock [9] (279)       (279)        
Preferred stock (34)       (34)        
Preferred stock (34)                
Repurchase of common stock (3)           (3)    
Common stock issued under employee benefit plans 5     5          
Stock awards and options exercised 53     53          
Ending Balance at Jun. 30, 2022 40,991 [7],[8] 4,838 14 28,316 37,644 (5,307) (24,521) 7 154
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Shares issued to shareholders of noncontrolling interests                 17
Redemption of subsidiary shares from noncontrolling interests                 (1)
Other net changes in noncontrolling interests 2     2         1
Net income (loss) 388       388        
Other comprehensive (loss) (1,320)         (1,320)      
Other comprehensive (loss) (19)               (19)
Dividends:                  
Common stock [10] (303)       (303)        
Preferred stock (69)       (69)        
Repurchase of common stock (1)           (1)    
Common stock issued under employee benefit plans 5     5          
Stock awards and options exercised 51     51          
Ending Balance at Sep. 30, 2022 $ 39,744 [5],[7] $ 4,838 $ 14 $ 28,374 $ 37,660 $ (6,627) $ (24,522) $ 7 $ 152
[1] 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.
[2] Includes dividend equivalents on share-based awards.
[3] 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.
[4] Includes dividend-equivalents on share-based awards.
[5] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $38,196 million at Dec. 31, 2021 and $34,899 million at Sept. 30, 2022.
[6] Includes dividend equivalents on share-based awards.
[7] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $36,146 million at June 30, 2022 and $34,899 million at Sept. 30, 2022.
[8] Includes total The Bank of New York Mellon Corporation common shareholders’ equity of $36,961 million at March 31, 2022 and $36,146 million at June 30, 2022.
[9] Includes dividend-equivalents on share-based awards.
[10] Includes dividend-equivalents on share-based awards.