Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Results of Businesses

Table 77: Results of Businesses

Three months ended March 31 In millions	Retail Banking		Corporate & Institutional Banking		Asset Management Group			BlackRock		Other			Consolidated (a)
2020
Income Statement
Net interest income	$	1,456	$	950	$	88				$	17		$	2,511
Noninterest income	788		694		204			$	180	140			2,006
Total revenue	2,244		1,644		292			180		157			4,517
Provision for credit losses	445		458		3					8			914
Depreciation and amortization	57		48		11					124			240
Other noninterest expense	1,479		674		208					(58		)	2,303
Income before income taxes and noncontrolling interests	263		464		70			180		83			1,060
Income taxes (benefit)	62		94		16			23		(50		)	145
Net income	$	201	$	370	$	54		$	157	$	133		$	915
Average Assets (b)	$	97,062	$	172,502	$	7,801		$	8,511	$	126,560		$	412,436
2019
Income Statement
Net interest income	$	1,349	$	877	$	70				$	179		$	2,475
Noninterest income	595		576		217			$	233	190			1,811
Total revenue	1,944		1,453		287			233		369			4,286
Provision for credit losses (benefit)	128		71		(1		)			(9		)	189
Depreciation and amortization	51		50		12					121			234
Other noninterest expense	1,417		636		218					73			2,344
Income before income taxes and noncontrolling interests	348		696		58			233		184			1,519
Income taxes (benefit)	84		144		13			36		(29		)	248
Net income	$	264	$	552	$	45		$	197	$	213		$	1,271
Average Assets (b)	$	91,255	$	157,169	$	7,259		$	8,080	$	122,135		$	385,898

(a) There were no material intersegment revenues for the three months ended March 31, 2020 and 2019.

(b)

Period-end balances for BlackRock.