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Consolidated Statements of Income (USD $)
In Millions, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Revenues:      
Investment banking $ 4,758 $ 4,991 $ 5,122
Principal transactions:      
Trading 6,991 12,384 9,393
Investments 742 573 1,825
Commissions and fees 4,257 5,347 4,913
Asset management, distribution and administration fees 9,008 8,410 7,843
Other 555 175 1,236
Total non-interest revenues 26,311 31,880 [1] 30,332 [1]
Interest income 5,725 [2] 7,258 [2] 7,305 [2]
Interest expense 5,924 [2] 6,902 [2] 6,407 [2]
Net interest (199) 356 898
Net revenues 26,112 32,236 31,230
Non-interest expenses:      
Compensation and benefits 15,622 16,333 15,866
Occupancy and equipment 1,546 1,548 1,544
Brokerage, clearing and exchange fees 1,536 1,633 1,416
Information processing and communications 1,913 1,811 1,645
Marketing and business development 602 595 571
Professional services 1,923 1,794 1,808
Other 2,455 2,423 2,182
Total non-interest expenses 25,597 26,137 25,032
Income from continuing operations before income taxes 515 6,099 6,198
Provision for (benefit from) income taxes (239) [3] 1,410 743
Income from continuing operations 754 4,689 5,455
Discontinued operations:      
Gain (loss) from discontinued operations (43) [4],[5] (160) [4],[5] 610 [4],[5]
Provision for (benefit from) income taxes (5) [4] (116) [4] 363 [4]
Net gain (loss) from discontinued operations (38) [4] (44) [4] 247 [4],[6]
Net income 716 4,645 5,702
Net income applicable to redeemable noncontrolling interests 124 0 0
Net income applicable to nonredeemable noncontrolling interests 524 535 999
Net income (loss) applicable to Morgan Stanley 68 4,110 4,703
Earnings (loss) applicable to Morgan Stanley common shareholders (30) 2,067 3,594
Amounts applicable to Morgan Stanley:      
Income from continuing operations 135 4,161 4,469
Net gain (loss) from discontinued operations (67) (51) 234
Net income (loss) applicable to Morgan Stanley $ 68 $ 4,110 $ 4,703
Earnings (loss) per basic common share:      
Income (loss) from continuing operations $ 0.02 $ 1.28 $ 2.48
Net gain (loss) from discontinued operations $ (0.04) $ (0.03) $ 0.16
Earnings (loss) per basic common share $ (0.02) $ 1.25 $ 2.64
Earnings (loss) per diluted common share:      
Income (loss) from continuing operations $ 0.02 $ 1.26 $ 2.45
Net gain (loss) from discontinued operations $ (0.04) $ (0.03) $ 0.18
Earnings (loss) per diluted common share $ (0.02) $ 1.23 $ 2.63
Dividends declared per common share $ 0.20 $ 0.20 $ 0.20
Average common shares outstanding:      
Basic 1,885,774,276 1,654,708,640 1,361,670,938
Diluted 1,918,811,270 1,675,271,669 1,411,268,971
[1] In the fourth quarter of 2011 and 2010, the Company recognized a pre-tax loss of approximately $108 million and a pre-tax gain of approximately $176 million, respectively, in net revenues upon application of the OIS curve within the Institutional Securities business segment (see Note 4).
[2] Interest income and expense are recorded within the 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.
[3] Results for 2012 included an out-of-period net tax provision of approximately $107 million, attributable to the Asset Management business segment, related to the overstatement of deferred tax assets associated with partnership investments in prior years and an out-of-period net tax provision of approximately $50 million, attributable to the Institutional Securities business segment, related to the overstatement of deferred tax assets associated with repatriated earnings of a foreign subsidiary recorded in prior years (see Note 22).
[4] See Notes 1 and 25 for discussion of discontinued operations.
[5] Amounts included eliminations of intersegment activity.
[6] Amounts for 2010 included a loss of $1.2 billion related to the disposition of Revel included within the Institutional Securities business segment, a gain of approximately $570 million related to the Company’s sale of Retail Asset Management within the Asset Management business segment and a gain of $775 million related to the legal settlement with DFS.