v2.3.0.11
Interest Income And Interest Expense (Details) (USD $)
In Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2011
Jun. 30, 2010
Jun. 30, 2011
Jun. 30, 2010
Interest income:        
Financial instruments owned $ 926 [1],[2] $ 1,059 [1],[2] $ 1,845 [1],[2] $ 2,190 [1],[2]
Securities available for sale 96 [2] 55 [2] 191 [2] 65 [2]
Loans 83 [2] 70 [2] 159 [2] 140 [2]
Interest bearing deposits with banks 43 [2] 42 [2] 77 [2] 83 [2]
Federal funds sold and securities purchased under agreements to resell and securities borrowed 330 [2] 175 [2] 605 [2] 325 [2]
Other 479 [2] 346 [2] 934 [2] 680 [2]
Total Interest income 1,957 [2] 1,747 [2] 3,811 [2] 3,483 [2]
Interest expense:        
Deposits 60 [2] 78 [2] 126 [2] 160 [2]
Commercial paper and other short-term borrowings 11 [2] 3 [2] 18 [2] 6 [2]
Long-term debt 1,292 [2] 1,154 [2] 2,604 [2] 2,233 [2]
Securities sold under agreements to repurchase and securities loaned 682 [2] 423 [2] 1,155 [2] 708 [2]
Other (16) [2] (52) [2] (21) [2] (133) [2]
Total Interest expense 2,029 [2] 1,606 [2] 3,882 [2] 2,974 [2]
Net interest $ (72) $ 141 $ (71) $ 509
[1] Interest expense on Financial instruments sold, not yet purchased is reported as a reduction to Interest income.
[2] Interest income and expense are recorded within the condensed consolidated statements of income depending on the nature of the instrument and related market conventions. When interest is included as a component of the instrument's fair value, interest is included within Principal transactions—Trading revenues or Principal transactions—Investments revenues. Otherwise, it is included within Interest income or Interest expense.