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Schedule of Disaggregation of Revenue (Tables)
6 Months Ended
Jun. 30, 2019
Disaggregation of Revenue [Line Items]  
Disaggregation of Revenue [Table Text Block]
The following tables reflect the Company’s noninterest income disaggregated by financial statement line item, business segment, and by the amount of each revenue stream that is in scope and out of scope of ASC Topic 606, Revenue from Contracts with Customers. Refer to Note 1, “Significant Accounting Policies,” and Note 2, “Revenue Recognition,” to
the Company's 2018 Annual Report on Form 10-K, for information regarding the Company's accounting policies for recognizing noninterest income, including the nature and timing of such revenue streams. The Company's contracts with customers generally do not contain terms that require significant judgment to determine the amount of revenue to recognize.
 
Three Months Ended June 30, 2019
(Dollars in millions)
 Consumer 1
 
 Wholesale 1
 
  Out of Scope 1, 2
 
Total
Noninterest income
 
 
 
 
 
 
 
Service charges on deposit accounts

$109

 

$30

 

$—

 

$139

Other charges and fees 3
27

 
4

 
57

 
88

Card fees
55

 
25

 
2

 
82

Investment banking income

 
92

 
50

 
142

Trading income

 

 
55

 
55

Insurance settlement

 

 
205

 
205

Mortgage-related income

 

 
86

 
86

Trust and investment management income
72

 

 
1

 
73

Retail investment services 4
75

 

 

 
75

Commercial real estate-related income

 

 
50

 
50

Net securities (losses)/gains

 

 
(42
)
 
(42
)
Other noninterest income
6

 

 
66

 
72

Total noninterest income

$344

 

$151

 

$530

 

$1,025


1 
Consumer total noninterest income and Wholesale total noninterest income exclude $145 million and $253 million of out of scope noninterest income, respectively, which are included in the business segment results presented on a management accounting basis in Note 19, "Business Segment Reporting." Out of scope total noninterest income includes these amounts and also includes $132 million of Corporate Other noninterest income that is not subject to ASC Topic 606.
2 
The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.
3 
The Company recognized an immaterial amount of insurance trailing commissions, the majority of which related to performance obligations satisfied in prior periods.
4 
The Company recognized $8 million of mutual fund 12b-1 fees and annuity trailing commissions, the majority of which related to performance obligations satisfied in prior periods.

 
Three Months Ended June 30, 2018
(Dollars in millions)
 Consumer 1
 
 Wholesale 1
 
  Out of Scope 1, 2
 
Total
Noninterest income
 
 
 
 
 
 
 
Service charges on deposit accounts

$115

 

$29

 

$—

 

$144

Other charges and fees 3, 4
29

 
3

 
59

 
91

Card fees
57

 
26

 
2

 
85

Investment banking income 3

 
99

 
70

 
169

Trading income

 

 
53

 
53

Insurance settlement

 

 

 

Mortgage-related income

 

 
83

 
83

Trust and investment management income
74

 

 
1

 
75

Retail investment services 5
73

 

 

 
73

Commercial real estate-related income

 

 
18

 
18

Net securities (losses)/gains

 

 

 

Other noninterest income
6

 

 
32

 
38

Total noninterest income

$354

 

$157

 

$318

 

$829

1 
Consumer total noninterest income and Wholesale total noninterest income exclude $98 million and $231 million of out of scope noninterest income, respectively, which are included in the business segment results presented on a management accounting basis in Note 19, "Business Segment Reporting." Out of scope total noninterest income includes these amounts and also includes ($11) million of Corporate Other noninterest income that is not subject to ASC Topic 606.
2 
The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.
3 
Beginning July 1, 2018, the Company began presenting bridge commitment fee income related to capital market transactions in Investment banking income on the Consolidated Statements of Income. For periods prior to July 1, 2018, this income was previously presented in Other charges and fees and has been reclassified to Investment banking income for comparability.
4 
The Company recognized an immaterial amount of insurance trailing commissions, the majority of which related to performance obligations satisfied in prior periods.
5 
The Company recognized $13 million of mutual fund 12b-1 fees and annuity trailing commissions, the majority of which related to performance obligations satisfied in prior periods.


 
Six Months Ended June 30, 2019
(Dollars in millions)
 Consumer 1
 
 Wholesale 1
 
  Out of Scope 1, 2
 
Total
Noninterest income
 
 
 
 
 
 
 
Service charges on deposit accounts

$213

 

$63

 

$—

 

$276

Other charges and fees 3
54

 
8

 
113

 
175

Card fees
110

 
52

 
3

 
165

Investment banking income

 
164

 
108

 
272

Trading income

 

 
114

 
114

Insurance settlement

 

 
205

 
205

Mortgage-related income

 

 
187

 
187

Trust and investment management income
143

 

 
1

 
144

Retail investment services 4
143

 
1

 

 
144

Commercial real estate-related income

 

 
74

 
74

Net securities (losses)/gains

 

 
(42
)
 
(42
)
Other noninterest income
11

 

 
85

 
96

Total noninterest income

$674

 

$288

 

$848

 

$1,810


1 
Consumer total noninterest income and Wholesale total noninterest income exclude $262 million and $481 million of out of scope noninterest income, respectively, which are included in the business segment results presented on a management accounting basis in Note 19, "Business Segment Reporting." Out of scope total noninterest income includes these amounts and also includes $105 million of Corporate Other noninterest income that is not subject to ASC Topic 606.
2 
The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.
3 
The Company recognized an immaterial amount of insurance trailing commissions, the majority of which related to performance obligations satisfied in prior periods.
4 
The Company recognized $19 million of mutual fund 12b-1 fees and annuity trailing commissions, the majority of which related to performance obligations satisfied in prior periods.

 
Six Months Ended June 30, 2018
(Dollars in millions)
 Consumer 1
 
 Wholesale 1
 
  Out of Scope 1, 2
 
Total
Noninterest income
 
 
 
 
 
 
 
Service charges on deposit accounts

$219

 

$70

 

$—

 

$289

Other charges and fees 3, 4
57

 
6

 
112

 
175

Card fees
111

 
52

 
3

 
166

Investment banking income 3

 
185

 
117

 
302

Trading income

 

 
95

 
95

Insurance settlement

 

 

 

Mortgage-related income

 

 
174

 
174

Trust and investment management income
149

 

 
1

 
150

Retail investment services 5
143

 
2

 

 
145

Commercial real estate-related income

 

 
42

 
42

Net securities (losses)/gains

 

 
1

 
1

Other noninterest income
12

 

 
75

 
87

Total noninterest income

$691

 

$315

 

$620

 

$1,626


1 
Consumer total noninterest income and Wholesale total noninterest income exclude $212 million and $413 million of out of scope noninterest income, respectively, which are included in the business segment results presented on a management accounting basis in Note 19, "Business Segment Reporting." Out of scope total noninterest income includes these amounts and also includes ($5) million of Corporate Other noninterest income that is not subject to ASC Topic 606.
2 
The Company presents out of scope noninterest income for the purpose of reconciling noninterest income amounts within the scope of ASC Topic 606 to noninterest income amounts presented on the Company's Consolidated Statements of Income.
3 
Beginning July 1, 2018, the Company began presenting bridge commitment fee income related to capital market transactions in Investment banking income on the Consolidated Statements of Income. For periods prior to July 1, 2018, this income was previously presented in Other charges and fees and has been reclassified to Investment banking income for comparability.
4 
The Company recognized an immaterial amount of insurance trailing commissions, the majority of which related to performance obligations satisfied in prior periods.
5 
The Company recognized $26 million of mutual fund 12b-1 fees and annuity trailing commissions, the majority of which related to performance obligations satisfied in prior periods