Non-U.S. Activities (Tables)

9 Months Ended

Sep. 30, 2025

Segments, Geographical Areas [Abstract]

Schedule of Results from Non-U.S. Operations

The following table presents our U.S. and non-U.S. financial results for the periods indicated:


	Three Months Ended September 30,
	2025						2024
(In millions)	Non-U.S.(1)		U.S.		Total		Non-U.S.(1)		U.S.		Total
Total revenue	$	1,504	$	2,041	$	3,545	$	1,339	$	1,920	$	3,259
Income before income tax expense	438		664		1,102		326		599		925

	Nine Months Ended September 30,
	2025						2024
(In millions)	Non-U.S.(1)		U.S.		Total		Non-U.S.(1)		U.S.		Total
Total revenue	$	4,360	$	5,917	10,277		$	4,071	$	5,517	9,588
Income before income tax expense	1,103		1,710		2,813		968		1,467		2,435

(1) Geographic mix is generally based on the domicile of the entity servicing the funds and is not necessarily representative of the underlying asset mix.