Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2018

Earnings Per Share [Abstract]

Calculation of Basic and Diluted EPS

in millions, except for per share data		2018		2017		2016
Income from continuing operations	$	8,887	$	6,235	$	6,122
Income (loss) from discontinued
operations		(4)		(19)		1
Net income		8,883		6,216		6,123
Net income applicable to
noncontrolling interests		135		105		144
Net income applicable to
Morgan Stanley		8,748		6,111		5,979
Preferred stock dividends and other		526		523		471
Earnings applicable to Morgan
Stanley common shareholders	$	8,222	$	5,588	$	5,508

Basic EPS
Weighted average common shares
outstanding		1,708		1,780		1,849
Earnings per basic common share
Income from continuing operations	$	4.81	$	3.15	$	2.98
Income (loss) from discontinued
operations		—		(0.01)		—
Earnings per basic common share	$	4.81	$	3.14	$	2.98

Diluted EPS
Weighted average common shares
outstanding		1,708		1,780		1,849
Effect of dilutive securities:
Stock options and RSUs		30		41		38
Weighted average common
shares outstanding and
common stock equivalents		1,738		1,821		1,887
Earnings per diluted common share
Income from continuing operations	$	4.73	$	3.08	$	2.92
Income (loss) from discontinued
operations		—		(0.01)		—
Earnings per diluted common share	$	4.73	$	3.07	$	2.92
Weighted average antidilutive RSUs
and stock options (excluded from
the computation of diluted EPS)		1		—		13