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Condensed Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Net Revenues:        
Asset management and administration fees $ 632 $ 572 $ 1,243 $ 1,124
Interest revenue 588 499 1,167 996
Interest expense (26) (26) (52) (54)
Net interest revenue 562 473 1,115 942
Trading revenue 212 235 459 458
Other 65 59 133 115
Provision for loan losses 7 1 6 (5)
Net impairment losses on securities   (3) [1]   (7) [1]
Total net revenues 1,478 1,337 2,956 2,627
Expenses Excluding Interest        
Compensation and benefits 520 494 1,048 1,030
Professional services 112 106 218 205
Occupancy and equipment 80 77 160 154
Advertising and market development 65 67 128 141
Communications 57 56 113 110
Depreciation and amortization 48 51 96 102
Other 75 74 150 142
Total expenses excluding interest 957 925 1,913 1,884
Income before taxes on income 521 412 1,043 743
Taxes on income 197 156 393 281
Net Income 324 256 650 462
Preferred stock dividends 22 23 30 31
Net Income Available to Common Stockholders $ 302 $ 233 $ 620 $ 431
Weighted-Average Common Shares Outstanding - Diluted 1,313 [2] 1,288 [2] 1,312 [2] 1,285 [2]
Earnings Per Common Share - Basic $ 0.23 $ 0.18 $ 0.47 $ 0.33
Earnings Per Common Share - Diluted $ 0.23 $ 0.18 $ 0.47 $ 0.33
[1] There were no net impairment losses on securities for the three or six months ended June 30, 2014. Net impairment losses on securities include total other-than-temporary impairment losses of $2 million recognized in other comprehensive income, net of $(1) million reclassified from other comprehensive income, for the three months ended June 30, 2013. Net impairment losses on securities include total other-than-temporary impairment losses of $2
[2] Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS totaled 16 million and 28 million shares for the second quarters of 2014 and 2013, respectively, and 17 million and 32 million shares for the first halves of 2014 and 2013, respectively.