v2.4.0.6
Equity Method Investments (Tables)
 12 Months Ended
Dec. 31, 2012
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investees
      Book Value(1)
   Percent  December 31, December 31,
   Ownership  2012 2011
      (dollars in millions)
         
Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. 40% $ 1,428$ 1,444
Lansdowne Partners(2) 19.8%   221  276
Avenue Capital Group(2)(3)  —   224  237

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(1)       Book value of these investees exceeds the Company's share of net assets, reflecting equity method intangible assets and equity method goodwill.

(2)       The Company's ownership interest represents limited partnership interests. The Company is deemed to have significant influence in these limited partnerships, as the Company's limited partnership interests were above the 3% to 5% threshold for interests that should be accounted for under the equity method.

(3)       The Company's ownership interest represents limited partnership interests in a number of different entities within the Avenue Capital Group.

 
Summarized Financial Data for MUMSS
   At December 31,  
   2012 2011  
   (dollars in millions)  
        
Total assets$ 141,635$ 158,363  
Total liabilities  138,742  155,555  
Noncontrolling interests  41  22  
        
   At December 31,
   2012 2011 2010
   (dollars in millions)
Net revenues$ 2,365$ 735$ 1,073
Income (loss) from continuing operations before income taxes  333  (1,746)  (253)
Net income (loss)  405  (1,976)  (156)
Net income (loss) applicable to MUMSS  397  (1,976)  (144)