v2.4.0.6
Condensed Consolidated Statement of Cash Flows (USD $)
In Millions, unless otherwise specified
 3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Cash Flows from Operating Activities    
Net income $ 206 $ 195
Adjustments to reconcile net income to net cash (used for) provided by operating activities:    
Provision for loan losses 6  
Net impairment losses on securities 4 [1] 18 [1]
Stock-based compensation 37 25
Depreciation and amortization 51 48
Premium amortization, net, on securities available for sale and securities held to maturity 44 52
Other 7  
Originations of loans held for sale   (335)
Proceeds from sales of loans held for sale   354
Net change in:    
Cash and investments segregated and on deposit for regulatory purposes 1,572 (871)
Receivables from brokers, dealers, and clearing organizations (134) (360)
Receivables from brokerage clients 1,003 (136)
Other securities owned 91 137
Other assets (29) 22
Payables to brokers, dealers, and clearing organizations 84 170
Payables to brokerage clients (3,442) 868
Accrued expenses and other liabilities 132 (89)
Net cash (used for) provided by operating activities (368) 98
Cash Flows from Investing Activities    
Purchases of securities available for sale (6,703) (6,836)
Proceeds from sales of securities available for sale   250
Principal payments on securities available for sale 3,997 2,759
Purchases of securities held to maturity (6,031) (1,193)
Principal payments on securities held to maturity 1,279 1,308
Net (increase) decrease in loans to banking clients (530) 34
Purchase of equipment, office facilities, and property (49) (42)
Other investing activities 2  
Net cash used for investing activities (8,035) (3,720)
Cash Flows from Financing Activities    
Net change in deposits from banking clients 3,047 1,405
Repayment of commercial paper (300)  
Repayment of long-term debt (2) (1)
Net proceeds from preferred stock offerings   394
Dividends paid (98) (77)
Proceeds from stock options exercised and other 25 15
Other financing activities (1) 1
Net cash provided by financing activities 2,671 1,737
Decrease in Cash and Cash Equivalents (5,732) (1,885)
Cash and Cash Equivalents at Beginning of Period 12,663 8,679
Cash and Cash Equivalents at End of Period 6,931 6,794
Cash paid during the period for:    
Interest 40 36
Income taxes $ 35 $ 12
[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.