Exhibit 99(i) MERRILL LYNCH & CO., INC. PRELIMINARY UNAUDITED EARNINGS SUMMARY For the Three Months Ended Percent Inc / (Dec) --------------------------------------- ------------------- June 30, March 31, June 25, 2Q00 vs. 2Q00 vs. (in millions, except per share amounts) 2000 2000 1999 1Q00 2Q99 -------- --------- -------- -------- -------- NET REVENUES Commissions $ 1,642 $ 2,152 $ 1,592 (23.7)% 3.1% Principal transactions 1,420 1,787 1,064 (20.5) 33.5 Investment banking 1,087 996 908 9.1 19.7 Asset management and portfolio service fees 1,413 1,390 1,159 1.7 21.9 Other 272 238 175 14.3 55.4 ------- ------- ------- Subtotal 5,834 6,563 4,898 (11.1) 19.1 Interest and dividend revenues 5,065 4,463 3,732 13.5 35.7 Less interest expense 4,202 3,779 3,190 11.2 31.7 ------- ------- ------- Net interest profit 863 684 542 26.2 59.2 TOTAL NET REVENUES 6,697 7,247 5,440 (7.6) 23.1 ------- ------- ------- NON-INTEREST EXPENSES Compensation and benefits 3,443 3,808 2,729 (9.6) 26.2 Communications and technology 579 578 536 0.2 8.0 Occupancy and related depreciation 256 250 232 2.4 10.3 Advertising and market development 262 244 201 7.4 30.3 Brokerage, clearing, and exchange fees 196 192 170 2.1 15.3 Professional fees 166 147 143 12.9 16.1 Goodwill amortization 54 56 56 (3.6) (3.6) Other 363 397 342 (8.6) 6.1 ------- ------- ------- TOTAL NON-INTEREST EXPENSES 5,319 5,672 4,409 (6.2) 20.6 ------- ------- ------- EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 1,378 1,575 1,031 (12.5) 33.7 Income tax expense 427 489 310 (12.7) 37.7 Dividends on preferred securities issued by subsidiaries 49 49 48 - 2.1 ------- ------- ------- NET EARNINGS $ 902 $ 1,037 $ 673 (13.0) 34.0 ======= ======= ======= Preferred stock dividends $ 10 $ 9 $ 9 11.1 11.1 ------- ------- ------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS $ 892 $ 1,028 $ 664 (13.2) 34.3 ======= ======= ======= EARNINGS PER COMMON SHARE Basic $ 2.29 $ 2.69 $ 1.80 (14.9) 27.2 Diluted 2.01 2.38 1.57 (15.5) 28.0 AVERAGE SHARES Basic 389.1 381.6 368.3 2.0 5.6 Diluted 443.7 432.4 421.3 2.6 5.3

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Exhibit 99(i) MERRILL LYNCH & CO., INC. PRELIMINARY UNAUDITED EARNINGS SUMMARY For the Six Months Ended ------------------------ June 30, June 25, Percent (in millions, except per share amounts) 2000 1999 Inc / (Dec) -------- -------- ----------- NET REVENUES Commissions $ 3,794 $ 3,159 20.1% Principal transactions 3,207 2,509 27.8 Investment banking 2,083 1,540 35.3 Asset management and portfolio service fees 2,803 2,268 23.6 Other 510 308 65.6 -------- -------- Subtotal 12,397 9,784 26.7 Interest and dividend revenues 9,528 7,413 28.5 Less interest expense 7,981 6,491 23.0 -------- -------- Net interest profit 1,547 922 67.8 TOTAL NET REVENUES 13,944 10,706 30.2 -------- -------- NON-INTEREST EXPENSES Compensation and benefits 7,251 5,490 32.1 Communications and technology 1,157 1,016 13.9 Occupancy and related depreciation 506 459 10.2 Advertising and market development 506 353 43.3 Brokerage, clearing, and exchange fees 388 324 19.8 Professional fees 313 261 19.9 Goodwill amortization 110 113 (2.7) Other 760 663 14.6 -------- -------- TOTAL NON-INTEREST EXPENSES 10,991 8,679 26.6 -------- -------- EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 2,953 2,027 45.7 Income tax expense 916 648 41.4 Dividends on preferred securities issued by subsidiaries 98 97 1.0 -------- -------- NET EARNINGS $ 1,939 $ 1,282 51.2 ======== ======== Preferred stock dividends $ 19 $ 19 - -------- -------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS $ 1,920 $ 1,263 52.0 ======== ======== EARNINGS PER COMMON SHARE Basic $ 4.98 $ 3.45 44.3 Diluted 4.38 3.02 45.0 AVERAGE SHARES Basic 385.4 366.2 5.2 Diluted 438.0 418.5 4.7

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Exhibit 99(i) MERRILL LYNCH & CO., INC. - -------------------------------------------------------------------------------------------------------------------- CONSOLIDATED QUARTERLY EARNINGS [UNAUDITED] (in millions) - -------------------------------------------------------------------------------------------------------------------- 2Q99 3Q99 4Q99 1Q00 2Q00 ------------------------------------------------------ NET REVENUES Commissions $1,592 $1,440 $1,735 $2,152 $1,642 Principal transactions 1,064 1,059 794 1,787 1,420 Investment banking 908 948 1,125 996 1,087 Asset management and portfolio service fees 1,159 1,183 1,301 1,390 1,413 Other 175 117 296 238 272 --------------------------------------------------------------------------------------------------------------- Subtotal 4,898 4,747 5,251 6,563 5,834 Interest and dividend revenues 3,732 3,665 4,019 4,463 5,065 Less interest expense 3,190 3,144 3,375 3,779 4,202 --------------------------------------------------------------------------------------------------------------- Net interest profit 542 521 644 684 863 --------------------------------------------------------------------------------------------------------------- TOTAL NET REVENUES 5,440 5,268 5,895 7,247 6,697 NON-INTEREST EXPENSES Compensation and benefits 2,729 2,746 2,916 3,808 3,443 Communications and technology 536 481 541 578 579 Occupancy and related depreciation 232 230 252 250 256 Advertising and market development 201 190 236 244 262 Brokerage, clearing, and exchange fees 170 170 184 192 196 Professional fees 143 144 163 147 166 Goodwill amortization 56 57 57 56 54 Other 342 359 386 397 363 --------------------------------------------------------------------------------------------------------------- TOTAL NON-INTEREST EXPENSES 4,409 4,377 4,735 5,672 5,319 EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 1,031 891 1,160 1,575 1,378 Income tax expense 310 271 346 489 427 Dividends on preferred securities issued by subsidiaries 48 48 50 49 49 --------------------------------------------------------------------------------------------------------------- NET EARNINGS $ 673 $ 572 $ 764 $1,037 $ 902 Preferred stock dividends 9 10 9 9 10 --------------------------------------------------------------------------------------------------------------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS $ 664 $ 562 $ 755 $1,028 $ 892 =============================================================================================================== - -------------------------------------------------------------------------------------------------------------------- PER COMMON SHARE DATA - -------------------------------------------------------------------------------------------------------------------- 2Q99 3Q99 4Q99 1Q00 2Q00 ------------------------------------------------------ Basic $ 1.80 $ 1.52 $ 2.03 $ 2.69 $ 2.29 Diluted 1.57 1.34 1.80 2.38 2.01 Dividends paid 0.27 0.27 0.27 0.27 0.30 Book value 29.87 31.49 33.20 36.37 39.04 est. - --------------------------------------------------------------------------------------------------------------------

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Exhibit 99(i) MERRILL LYNCH & CO., INC. - -------------------------------------------------------------------------------------------------------------------- PERCENTAGE OF QUARTERLY NET REVENUES [UNAUDITED] - -------------------------------------------------------------------------------------------------------------------- 2Q99 3Q99 4Q99 1Q00 2Q00 ------------------------------------------------------ NET REVENUES Commissions 29.3% 27.3% 29.4% 29.7% 24.5% Principal transactions 19.6% 20.1% 13.5% 24.7% 21.2% Investment banking 16.7% 18.0% 19.1% 13.7% 16.2% Asset management and portfolio service fees 21.3% 22.5% 22.1% 19.2% 21.1% Other 3.1% 2.2% 5.0% 3.3% 4.1% --------------------------------------------------------------------------------------------------------------- Subtotal 90.0% 90.1% 89.1% 90.6% 87.1% Interest and dividend revenues 68.6% 69.6% 68.2% 61.6% 75.6% Less interest expense 58.6% 59.7% 57.3% 52.2% 62.7% --------------------------------------------------------------------------------------------------------------- Net interest profit 10.0% 9.9% 10.9% 9.4% 12.9% --------------------------------------------------------------------------------------------------------------- TOTAL NET REVENUES 100.0% 100.0% 100.0% 100.0% 100.0% NON-INTEREST EXPENSES Compensation and benefits 50.2% 52.1% 49.5% 52.5% 51.4% Communications and technology 9.9% 9.1% 9.2% 8.0% 8.6% Occupancy and related depreciation 4.3% 4.4% 4.3% 3.4% 3.8% Advertising and market development 3.7% 3.6% 4.0% 3.4% 3.9% Brokerage, clearing, and exchange fees 3.1% 3.2% 3.1% 2.6% 2.9% Professional fees 2.6% 2.7% 2.8% 2.0% 2.5% Goodwill amortization 1.0% 1.1% 1.0% 0.8% 0.8% Other 6.2% 6.9% 6.4% 5.6% 5.5% --------------------------------------------------------------------------------------------------------------- TOTAL NON-INTEREST EXPENSES 81.0% 83.1% 80.3% 78.3% 79.4% EARNINGS BEFORE INCOME TAXES AND DIVIDENDS ON PREFERRED SECURITIES ISSUED BY SUBSIDIARIES 19.0% 16.9% 19.7% 21.7% 20.6% Income tax expense 5.7% 5.1% 5.9% 6.7% 6.4% Dividends on preferred securities issued by subsidiaries 0.9% 0.9% 0.8% 0.7% 0.7% --------------------------------------------------------------------------------------------------------------- NET EARNINGS 12.4% 10.9% 13.0% 14.3% 13.5% Preferred stock dividends 0.2% 0.2% 0.2% 0.1% 0.2% --------------------------------------------------------------------------------------------------------------- NET EARNINGS APPLICABLE TO COMMON STOCKHOLDERS 12.2% 10.7% 12.8% 14.2% 13.3% =============================================================================================================== - -------------------------------------------------------------------------------------------------------------------- OTHER FINANCIAL DATA - -------------------------------------------------------------------------------------------------------------------- 2Q99 3Q99 4Q99 1Q00 2Q00 ------------------------------------------------------ Non-interest expenses excluding compensation and benefits to net revenues 30.9% 31.0% 30.9% 25.7% 28.0% Compensation and benefits to pre-tax earnings before compensation and benefits 72.6% 75.5% 71.5% 70.7% 71.4% Effective tax rate 30.1% 30.4% 29.8% 31.0% 31.0% --------------------------------------------------------------------------------------------------------------- Common shares outstanding (in millions): Weighted-average - basic 368.3 370.3 372.0 381.6 389.1 Weighted-average - diluted 421.3 419.1 420.6 432.4 443.7 Period-end 369.0 370.8 372.8 386.1 392.0 - --------------------------------------------------------------------------------------------------------------------

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Exhibit 99(i) MERRILL LYNCH & CO., INC. SUPPLEMENTAL DATA ----------------------------------------------------------------------------------------------------------------- (dollars in billions - unaudited) ----------------------------------------------------------------------------------------------------------------- 2Q99 3Q99 4Q99 1Q00 2Q00 -------------------------------------------------------- PRELIMINARY SEGMENT INFORMATION (dollars in millions): NET REVENUES Corporate and Institutional Client $2,379 $2,329 $2,329 $3,370 $3,164 Private Client 2,636 2,507 2,950 3,406 3,013 Investment Managers 542 523 709 619 616 Corporate (117) (91) (93) (148) (96) -------------------------------------------------------- TOTAL $5,440 $5,268 $5,895 $7,247 $6,697 ======================================================== --------------------------------------------------------------------------------------------------------------- CLIENT ASSETS $1,530 $1,514 $1,696 $1,791 $1,772 ASSETS UNDER MANAGEMENT(1): $516 $514 $557 $568 $555 Retail 268 268 280 291 271 Institutional 248 246 277 277 284 U.S. 310 304 324 333 328 Non-U.S. 206 210 233 235 227 Equity 272 271 307 310 316 Fixed Income 102 100 99 100 100 Money Market 142 143 151 158 139 U.S. BANK DEPOSITS $3 $5 $6 $7 $19 ASSETS IN ASSET-PRICED ACCOUNTS $116 $131 $168 $203 $209 --------------------------------------------------------------------------------------------------------------- DEBT AND EQUITY UNDERWRITING(1)(2) Global Volume $107 $108 $85 $103 $88 Global Market Share 11.7% 13.5% 13.9% 11.3% 12.2% U.S. Volume $83 $86 $67 $83 $71 U.S. Market Share 14.0% 16.8% 16.7% 14.3% 15.8% COMPLETED MERGERS AND ACQUISITIONS(1)(2) Global Value $161 $97 $159 $178 $518 Global Market Share 22.2% 22.1% 19.3% 29.8% 44.8% --------------------------------------------------------------------------------------------------------------- FULL-TIME EMPLOYEES 64,000 66,000 67,200 68,600 70,700 FINANCIAL CONSULTANTS AND OTHER INVESTMENT PROFESSIONALS 18,400 18,700 19,000 19,400 20,200 ----------------------------------------------------------------------------------------------------------------- (1) Certain prior period amounts have been restated to conform to the current period presentation. (2) Full credit to book manager. Market shares derived from Thomson Financial Securities Data statistics.

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