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Consolidated Statements of Income (Unaudited) (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenue    
Investment banking fees$ 1,052$ 1,476$ 4,778$ 4,358
Principal transactions1,3702,3419,2558,979
Lending-and deposit-related fees1,6431,5634,8384,795
Asset management, administration and commissions3,4483,18810,7579,802
Securities gains6071021,5461,712
Mortgage fees and related income1,3807071,9962,253
Credit card income1,6661,4774,7994,333
Other income7804682,2361,465
Noninterest revenue11,94611,32240,20537,697
Interest income15,16015,60646,23948,170
Interest expense3,3433,10410,6819,271
Net interest income11,81712,50235,55838,899
Total net revenue23,76323,82475,76376,596
Provision for credit losses2,4113,2235,39013,596
Noninterest expense    
Compensation expense6,9086,66122,74021,553
Occupancy expense9358842,8482,636
Technology, communications and equipment expense1,2481,1843,6653,486
Professional and outside services1,8601,7185,4614,978
Marketing9266512,3291,862
Other expense3,4453,08210,6879,942
Amortization of intangibles212218641696
Total noninterest expense15,53414,39848,37145,153
Income before income tax expense5,8186,20322,00217,847
Income tax expense1,5561,7856,7545,308
Net income4,2624,41815,24812,539
Net income applicable to common stockholders3,9364,01914,14111,353
Net income per common share data    
Basic earnings per share$ 1.02$ 1.02$ 3.60$ 2.86
Diluted earnings per share$ 1.02$ 1.01$ 3.57$ 2.84
Weighted-average basic shares3,859.63,954.33,933.23,969.4
Weighted-average diluted shares3,872.23,971.93,956.53,990.7
Cash dividends declared per common share$ 0.25$ 0.05$ 0.75$ 0.15
Other-than-temporary impairment losses included in securities gains    
Total other-than-temporary impairment losses00(27)(94)
Losses recorded in/(reclassified from) other comprehensive income(15)0(31)(6)
Total credit losses recognized in income$ (15)$ 0$ (58)$ (100)