Segment Information (Tables)

12 Months Ended

Dec. 31, 2015

Segment Information [Abstract]

Financial Information for Reportable Segments

	Investor Services (1)						Advisor Services (1)						Unallocated						Total
Year Ended December 31,	2015		2014		2013		2015		2014		2013		2015		2014		2013		2015		2014		2013
Net Revenues:
Asset management and
administration fees	$	1,837	$	1,742	$	1,593	$	813	$	791	$	723	$	-	$	-	$	(1)	$	2,650	$	2,533	$	2,315
Net interest revenue		2,133		2,028		1,755		392		244		225		-		-		-		2,525		2,272		1,980
Trading revenue		556		606		609		310		301		304		-		-		-		866		907		913
Other (2)		234		218		176		94		74		59		-		51		1		328		343		236
Provision for loan losses		11		4		1		-		-		-		-		-		-		11		4		1
Net impairment losses
on securities		-		(1)		(9)		-		-		(1)		-		-		-		-		(1)		(10)
Total net revenues		4,771		4,597		4,125		1,609		1,410		1,310		-		51		-		6,380		6,058		5,435
Expenses Excluding Interest (3)		3,090		2,937		2,858		1,011		938		872		-		68		-		4,101		3,943		3,730
Income before taxes on income	$	1,681	$	1,660	$	1,267	$	598	$	472	$	438	$	-	$	(17)	$	-	$	2,279	$	2,115	$	1,705
Capital expenditures	$	195	$	271	$	188	$	90	$	134	$	82	$	-	$	-	$	-	$	285	$	405	$	270
Depreciation and amortization	$	171	$	154	$	157	$	53	$	45	$	45	$	-	$	-	$	-	$	224	$	199	$	202

(1)	During 2015, the Corporate Brokerage Retirement Services business was transferred from the Investor Services segment to the Advisor Services segment. All prior period amounts have been recast to conform with the current year presentation.
(2)	Unallocated amount includes a net insurance settlement of $45 million in 2014.
(3)	Unallocated amount includes a charge of $68 million for estimated future severance benefits resulting from changes in the Company’s geographic footprint in 2014.