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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
 12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net Revenues:      
Interest revenue $ 4,624 $ 3,493 $ 2,657
Interest expense (342) (171) (132)
Net interest revenue 4,282 3,322 2,525
Asset management and administration fees [1] 3,392 3,055 2,650
Trading revenue 654 825 866
Other 290 271 328
Provision for loan losses 0 5 11
Total net revenues 8,618 7,478 6,380
Expenses Excluding Interest      
Compensation and benefits 2,737 2,466 2,241
Professional services 580 506 459
Occupancy and equipment 436 398 353
Advertising and market development 268 265 249
Communications 231 237 233
Depreciation and amortization 269 234 224
Regulatory fees and assessments 179 144 107
Other 268 235 235
Total expenses excluding interest 4,968 4,485 4,101
Income before taxes on income 3,650 2,993 2,279
Taxes on income [2] 1,296 1,104 832
Net Income 2,354 1,889 1,447
Preferred stock dividends and other [3] 174 143 83
Net Income Available to Common Stockholders $ 2,180 $ 1,746 $ 1,364
Weighted-Average Common Shares Outstanding:      
Basic (in shares) 1,339 1,324 1,315
Diluted (in shares) [4] 1,353 1,334 1,327
Earnings Per Common Share:      
Basic (USD per share) $ 1.63 $ 1.32 $ 1.04
Diluted (USD per share) 1.61 1.31 1.03
Dividends Declared Per Common Share (USD per share) $ 0.32 $ 0.27 $ 0.24
Fee waivers $ (10) $ (224) $ (672)
Remeasurement of net deferred tax assets $ 46    
[1] Includes fee waivers of $10 million, $224 million, and $672 million during the years ended December 31, 2017, 2016, and 2015, respectively, relating to Schwab-sponsored money market funds.
[2] Includes the prospective adoption of ASU 2016-09 in 2017. See New Accounting Standards in Note 2 for additional information. Taxes on income were increased by approximately $46 million in December 2017 due to the enactment of the Tax Cuts and Jobs Act legislation resulting in the remeasurement of deferred tax assets and other tax adjustments.
[3] Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units.
[4] Antidilutive stock options and restricted stock units excluded from the calculation of diluted EPS totaled 15 million, 26 million, and 23 million shares in 2017, 2016, and 2015, respectively.