.80 billion for 2017 , 7% ( 7 % ) higher than 2016 , due to higher management and other fees , reflecting higher average assets under supervision , and higher transaction revenues . commissions and fees in the consolidated statements of earnings were $ 3.05 billion for 2017 , 5% ( 5 % ) lower than 2016 , reflecting a decline in our listed cash equity volumes in the u.s . market volumes in the u.s . also declined . market making revenues in the consolidated statements of earnings were $ 7