Quarterly report pursuant to Section 13 or 15(d)

Segment and Geographic Information (Tables)

v2.4.0.6
Segment and Geographic Information (Tables)
9 Months Ended
Sep. 30, 2012
Segment Reporting [Abstract]  
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas
The information that follows, in management’s judgment, provides a reasonable representation of each region’s contribution to the consolidated net revenues:
(dollars in millions)
 
For the Three Months Ended September 30, 2012
 
For The Nine Months Ended September 30, 2012
 
For the Three Months Ended September 30, 2011
 
For The Nine Months Ended September 30, 2011
Revenues, net of interest expense
 

 
 
 
 

 
 

Europe, Middle East, and Africa
$
906

 
$
3,269

 
$
568

 
$
3,217

Pacific Rim
354

 
1,461

 
692

 
2,028

Latin America
288

 
870

 
312

 
1,039

Canada
58

 
208

 
74

 
227

Total Non-U.S. 
1,606

 
5,808

 
1,646

 
6,511

United States(1)(2)
2,911

 
8,487

 
4,224

 
14,121

Total revenues, net of interest expense
$
4,517

 
$
14,295

 
$
5,870

 
$
20,632

 
 
 
 
 
 
 
 
(1)
U.S. results for the three and nine months ended September 30, 2012 included net losses of $0.8 billion and $3.0 billion, respectively, due to the impact of the changes in Merrill Lynch’s credit spreads on the carrying values of certain long-term borrowings, primarily structured notes. U.S. results for the three and nine months ended September 30, 2011 included net gains of $2.9 billion and $2.7 billion, respectively, due to the impact of changes in Merrill Lynch's credit spreads on the carrying values of certain long-term borrowings, primarily structured notes.
(2)
Corporate net revenues and adjustments are reflected in the U.S. region.