(Table continued from previous page) As of or for the year ended December 31, (in millions, except ratios) Corporate Reconciling Items (a) Total 2018 2017 2016 2018 2017 2016 2018 2017 2016 Noninterest revenue $ (263) $ 1,085 $ 938 $ (1,877) $ (2,704) $^{(b)}$  $ (2,265) $ 53,970 $ 50,608 $ 50,486 Net interest income 135 55 (1,425) (628) (1,313) (1,209) 55,059 50,097 46,083 Total net revenue (128) 1,140 (487) (2,505) (4,017) (3,474) 109,029 100,705 96,569 Provision for credit losses (4) — (4) — — — 4,871 5,290 5,361 Noninterest expense 902 501 462 — — — 63,394 59,515 56,672 Income/(loss) before income tax expense/(benefit) (1,026) 639 (945) (2,505) (4,017) (3,474) 40,764 35,900 34,536 Income tax expense/(benefit) 215 2,282 (241) (2,505) (4,017) $^{(b)}$  (3,474) 8,290 11,459 9,803 Net income/(loss) $ (1,241) $ (1,643) $ (704) $ — $ — $ — $ 32,474 $ 24,441 $ 24,733 Average equity $ 79,222 $ 80,350 $ 84,631 $ — $ — $ — $ 229,222 $ 230,350 $ 224,631 Total assets 771,787 781,478 799,426 NA NA NA 2,622,532 2,533,600 2,490,972 Return on equity NM NM NM NM NM NM 13% 10% 10% Overhead ratio NM NM NM NM NM NM 58 59 59 (a) Segment results on a managed basis reflect revenue on a FTE basis with the corresponding income tax impact recorded within income tax expense/(benefit). These adjustments are eliminated in reconciling items to arrive at the Firm’s reported U.S. GAAP results. (b) Included $375 million related to tax-oriented investments as a result of the enactment of the TCJA. JPMorgan Chase & Co./2018 Form 10-K 285