Net Interest Revenue (Tables)

3 Months Ended

Mar. 31, 2014

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, 2014			Dec. 31, 2013			March 31, 2013
Interest revenue
Non-margin loans	$	169		$	169		$	165
Margin loans	42			41			38
Securities:
Taxable	405			428			441
Exempt from federal income taxes	27			31			24
Total securities	432			459			465
Deposits with banks	73			70			71
Deposits with the Federal Reserve and other central banks	46			49			31
Federal funds sold and securities purchased under resale agreements	17			14			10
Trading assets	33			44			35
Total interest revenue	812			846			815
Interest expense
Deposits	22			22			30
Federal funds purchased and securities sold under repurchase agreements	(4		)	(3		)	(3		)
Trading liabilities	8			9			9
Other borrowed funds	1			3			2
Customer payables	2			2			2
Long-term debt	55			52			56
Total interest expense	84			85			96
Net interest revenue	$	728		$	761		$	719