19. SELECTED QUARTERLY FINANCIAL DATA (Unaudited)
|
2013 (in millions, except per share amounts) |
First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
Total | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Total revenues |
$ | 6,328 | $ | 6,674 | $ | 6,452 | $ | 6,737 | $ | 26,191 | ||||||
|
Total expenses |
5,108 | 5,497 | 5,275 | 5,366 | 21,246 | |||||||||||
|
Income before income taxes |
1,220 | 1,177 | 1,177 | 1,371 | 4,945 | |||||||||||
|
Income tax expense |
324 | 252 | 313 | 383 | 1,272 | |||||||||||
|
Net income |
$ | 896 | $ | 925 | $ | 864 | $ | 988 | $ | 3,673 | ||||||
|
Net income per share(1): |
||||||||||||||||
|
Basic |
$ | 2.36 | $ | 2.44 | $ | 2.33 | $ | 2.73 | $ | 9.84 | ||||||
|
Diluted |
2.33 | 2.41 | 2.30 | 2.70 | 9.74 | |||||||||||
|
2012 (in millions, except per share amounts) |
First Quarter |
Second Quarter |
Third Quarter |
Fourth Quarter |
Total | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Total revenues |
$ | 6,392 | $ | 6,359 | $ | 6,512 | $ | 6,477 | $ | 25,740 | ||||||
|
Total expenses |
5,315 | 5,751 | 5,342 | 6,166 | 22,574 | |||||||||||
|
Income before income taxes |
1,077 | 608 | 1,170 | 311 | 3,166 | |||||||||||
|
Income tax expense |
271 | 109 | 306 | 7 | 693 | |||||||||||
|
Net income |
$ | 806 | $ | 499 | $ | 864 | $ | 304 | $ | 2,473 | ||||||
|
Net income per share(1): |
||||||||||||||||
|
Basic |
$ | 2.04 | $ | 1.27 | $ | 2.23 | $ | 0.79 | $ | 6.35 | ||||||
|
Diluted |
2.02 | 1.26 | 2.21 | 0.78 | 6.30 | |||||||||||