Revenue Recognition

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Revenue Recognition

Revenue Recognition

Disaggregated Revenue

Disaggregation of Schwab’s revenue by major source is as follows:

Year Ended December 31,	2021		2020		2019
Net interest revenue
Cash and cash equivalents	$	40	$	120	$	518
Cash and investments segregated	24		141		345
Receivables from brokerage clients	2,455		848		821
Available for sale securities	4,641		4,537		1,560
Held to maturity securities	—		—		3,591
Bank loans	620		545		584
Securities lending revenue	720		334		147
Other interest revenue	6		6		14
Interest revenue	8,506		6,531		7,580
Bank deposits	(54)		(93)		(700)
Payables to brokerage clients	(9)		(12)		(79)
Short-term borrowings	(9)		—		—
Long-term debt	(384)		(289)		(258)
Securities lending expense	(24)		(33)		(38)
Other interest expense	4		9		11
Interest expense	(476)		(418)		(1,064)
Net interest revenue	8,030		6,113		6,516
Asset management and administration fees
Mutual funds, ETFs, and CTFs	1,961		1,770		1,747
Advice solutions	1,993		1,443		1,198
Other	320		262		266
Asset management and administration fees	4,274		3,475		3,211
Trading revenue
Commissions	2,050		739		549
Order flow revenue	2,053		621		135
Principal transactions	49		56		68
Trading revenue	4,152		1,416		752
Bank deposit account fees	1,315		355		—
Other	749		332		242
Total net revenues	$	18,520	$	11,691	$	10,721

For a summary of revenue provided by our reportable segments, see Note 24. The recognition of revenue is not impacted by the operating segment in which revenue is generated.