Net Interest Revenue (Tables)

3 Months Ended

Mar. 31, 2013

Interest Revenue (Expense), Net [Abstract]

Net Interest Revenue

The following table provides the components of net interest revenue presented on the consolidated income statement.

Net interest revenue	Quarter ended
(in millions)	March 31, 2013			Dec. 31, 2012		March 31, 2012
Interest revenue
Non-margin loans	$	165		$	166	$	169
Margin loans	38			42		42
Securities:
Taxable	441			449		503
Exempt from federal income taxes	24			25		15
Total securities	465			474		518
Deposits in banks	71			82		114
Deposits with the Federal Reserve and other central banks	31			37		43
Federal funds sold and securities purchased under resale agreements	10			9		9
Trading assets	35			33		17
Total interest revenue	815			843		912
Interest expense
Deposits	30			32		43
Federal funds purchased and securities sold under repurchase agreements	(3		)	2		—
Trading liabilities	9			7		4
Other borrowed funds	2			4		5
Customer payables	2			2		2
Long-term debt	56			71		93
Total interest expense	96			118		147
Net interest revenue	$	719		$	725	$	765