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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Net Revenues:      
Asset management and administration fees $ 2,315 $ 2,043 $ 1,928
Interest revenue 2,085 1,914 1,900
Interest expense (105) (150) (175)
Net interest revenue 1,980 1,764 1,725
Trading revenue 913 868 927
Other — net 236 [1] 256 [1] 160 [1]
Provision for loan losses 1 (16) (18)
Net impairment losses on securities (10) [2] (32) [2] (31) [2]
Total net revenues 5,435 4,883 4,691
Expenses Excluding Interest      
Compensation and benefits 2,027 1,803 1,732
Professional services 415 388 387
Occupancy and equipment 309 311 301
Advertising and market development 257 241 228
Communications 220 220 220
Depreciation and amortization 202 196 155
Class action litigation and regulatory reserve     7
Other 300 274 269
Total expenses excluding interest 3,730 3,433 3,299
Income before taxes on income 1,705 1,450 1,392
Taxes on income 634 522 528
Net Income 1,071 928 864
Preferred stock dividends 61 45  
Net Income Available to Common Stockholders $ 1,010 $ 883 $ 864
Weighted-Average Common Shares Outstanding - Diluted 1,293 [3] 1,275 [3] 1,229 [3]
Earnings Per Common Share - Basic $ 0.78 $ 0.69 $ 0.70
Earnings Per Common Share - Diluted $ 0.78 $ 0.69 $ 0.70
Dividends Declared Per Common Share $ 0.24 $ 0.24 $ 0.24
[1] Unallocated amount includes a non-recurring gain of $70 million relating to a confidential resolution of a vendor dispute in 2012.
[2] Net impairment losses on securities include total other-than-temporary impairment losses of $2 million, $15 million, and $18 million recognized in other comprehensive (loss) income, net of $(8) million, $(17) million, and $(13) million reclassified from other comprehensive (loss) income in 2013, 2012, and 2011, respectively.
[3] Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS totaled 34 million, 74 million, and 63 million shares in 2013, 2012, and 2011, respectively.