v2.4.0.6
Condensed Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Net Revenues    
Asset management and administration fees $ 552 $ 484
Interest revenue 497 472
Interest expense (28) (38)
Net interest revenue 469 434
Trading revenue 223 243
Other 56 46
Provision for loan losses (6)  
Net impairment losses on securities (4) [1] (18) [1]
Total net revenues 1,290 1,189
Expenses Excluding Interest    
Compensation and benefits 536 465
Professional services 99 96
Occupancy and equipment 77 76
Advertising and market development 74 67
Communications 54 58
Depreciation and amortization 51 48
Other 68 66
Total expenses excluding interest 959 876
Income before taxes on income 331 313
Taxes on income 125 118
Net Income 206 195
Preferred stock dividends 8  
Net Income Available to Common Stockholders $ 198 $ 195
Weighted-Average Common Shares Outstanding - Diluted 1,282 [2] 1,273 [2]
Earnings Per Common Share - Basic $ 0.15 $ 0.15
Earnings Per Common Share - Diluted $ 0.15 $ 0.15
[1] Net impairment losses on securities include total other-than-temporary impairment losses of $0 million and $2 million, net of $(4) million and $(16) million reclassified from other comprehensive income, for the three months ended March 31, 2013 and 2012, respectively.
[2] (1) Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS totaled 45 million and 60 million shares for the first quarters of 2013 and 2012, respectively.