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Condensed Consolidated Statements Of Income (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenue        
Investment advisory, administration fees and securities lending revenue $ 2,024 $ 1,949 $ 5,991 $ 6,033
Investment advisory performance fees 103 91 224 224
BlackRock Solutionsand advisory 128 117 382 361
Distribution fees 19 23 58 78
Other revenue 46 45 143 158
Total revenue 2,320 2,225 6,798 6,854
Expenses        
Employee compensation and benefits 828 771 2,439 2,425
Distribution and servicing costs 94 90 282 299
Amortization of deferred sales commissions 13 20 43 63
Direct fund expenses 144 139 440 435
General and administration 327 389 958 1,074
Amortization of intangible assets 39 39 117 117
Total expenses 1,445 1,448 4,279 4,413
Operating income 875 777 2,519 2,441
Non-operating income (expense)        
Net gain (loss) on investments 75 (59) 143 18
Interest and dividend income 10 12 27 25
Interest expense (57) (49) (158) (128)
Total non-operating income (expense) 30 (112) 13 (121)
Income before income taxes 905 665 2,532 2,320
Income tax expense 250 95 742 564
Net income 655 570 1,790 1,756
Less:        
Net income (loss) attributable to redeemable non-controlling interests 3   7  
Net income (loss) attributable to nonredeemable non-controlling interests 10 (25) 15 (26)
Net income attributable to BlackRock, Inc. 642 595 1,768 1,782
Earnings per share attributable to BlackRock, Inc. common stockholders:        
Basic $ 3.72 $ 3.28 $ 10.02 $ 9.46
Diluted $ 3.65 $ 3.23 $ 9.87 $ 9.33
Cash dividends declared and paid per share $ 1.500 $ 1.375 $ 4.500 $ 4.125
Weighted-average common shares outstanding:        
Basic 172,359,141 179,034,837 176,116,975 186,187,318
Diluted 175,450,532 181,825,329 178,956,699 188,792,952
Variable Interest Entity, Primary Beneficiary [Member]
       
Non-operating income (expense)        
Net gain (loss) on consolidated variable interest entities 2 (16) 1 (36)
Less:        
Net income (loss) attributable to nonredeemable non-controlling interests 2 (16) 1 (36)
Related Parties [Member]
       
Revenue        
Investment advisory, administration fees and securities lending revenue 1,319 1,320 3,900 4,075
Other Third Parties [Member]
       
Revenue        
Investment advisory, administration fees and securities lending revenue $ 705 $ 629 $ 2,091 $ 1,958