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Consolidated Statement of Changes in Equity (Parenthetical)
$ in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2020
USD ($)
SFr / shares
Dec. 31, 2019
USD ($)
SFr / shares
Dec. 31, 2018
USD ($)
SFr / shares
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   $ 52,554      
Effect of adoption of IFRS 9   (591)      
Effect of adoption of IFRS 15   (25)      
Effect of retained earnings restatement [1]   (32)      
Effect of adoption of IFRIC 23 $ (11)        
Retained earnings 30,416   $ 38,776 $ 34,122 $ 30,416
Compensation-related liabilities 7,321   7,468 [2],[3] 6,855 [2],[3] 7,321
Deferred tax assets 10,116   $ 9,212 [4] $ 9,548 [4],[5] $ 10,116
Ordinary cash dividends paid, ordinary shares per share | SFr / shares     $ 0.73 $ 0.7 $ 0.65
Maximum percentage of dividends that may be paid from capital contribution reserves     50.00%    
Effect          
Retained earnings (32)     $ (32) $ (32)
Compensation-related liabilities 43     43 43
Deferred tax assets 11     11 11
Increase (decrease) due to modification of deferred compensation awards          
Compensation-related liabilities     $ 170    
Increase (decrease) due to modification of deferred compensation awards, as of third quarter 2020          
Compensation-related liabilities     212    
Share capital          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   338      
Share premium          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   23,598      
Treasury shares          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   (2,210)      
Retained earnings          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   25,932      
Effect of adoption of IFRS 9   (518)      
Effect of adoption of IFRS 15   (25)      
Effect of retained earnings restatement [1]   (32)      
Effect of adoption of IFRIC 23 (11)        
Other comprehensive income recognized directly in equity, net of tax          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement [6]   4,838      
Effect of adoption of IFRS 9 [6]   (74)      
of which: foreign currency translation          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   4,466      
of which: financial assets at fair value through other comprehensive income          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   13      
Effect of adoption of IFRS 9   (74)      
of which: cash flow hedges          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   360      
Total equity attributable to shareholders          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   52,495      
Effect of adoption of IFRS 9   (591)      
Effect of adoption of IFRS 15   (25)      
Effect of retained earnings restatement [1]   (32)      
Effect of adoption of IFRIC 23 (11)        
Non-controlling interests          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   59      
UBS AG          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   52,046      
Effect of adoption of IFRS 9   (591)      
Effect of adoption of IFRS 15   (25)      
Effect of retained earnings restatement [1]   (32)      
Effect of adoption of IFRIC 23 (11)        
Retained earnings 23,285   25,251 23,419 23,285
Compensation-related liabilities 4,688   4,776 [2] 4,339 [2] 4,688
Deferred tax assets 10,077   9,174 [4] 9,524 [4],[7] 10,077
UBS AG | Effect          
Retained earnings (32)     (32) (32)
Compensation-related liabilities 43     43 43
Deferred tax assets 11     $ 11 $ 11
UBS AG | Increase (decrease) due to modification of deferred compensation awards          
Compensation-related liabilities     270    
UBS AG | Increase (decrease) due to modification of deferred compensation awards, as of third quarter 2020          
Compensation-related liabilities     $ 342    
UBS AG | Share capital          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   338      
UBS AG | Share premium          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   24,633      
UBS AG | Retained earnings          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   22,189      
Effect of adoption of IFRS 9   (518)      
Effect of adoption of IFRS 15   (25)      
Effect of retained earnings restatement [1]   (32)      
Effect of adoption of IFRIC 23 (11)        
UBS AG | Other comprehensive income recognized directly in equity, net of tax          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement [6]   4,828      
Effect of adoption of IFRS 9 [6]   (74)      
UBS AG | of which: foreign currency translation          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   4,455      
UBS AG | of which: financial assets at fair value through other comprehensive income          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   13      
Effect of adoption of IFRS 9   (74)      
UBS AG | of which: cash flow hedges          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   360      
UBS AG | Total equity attributable to shareholders          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   51,987      
Effect of adoption of IFRS 9   (591)      
Effect of adoption of IFRS 15   (25)      
Effect of retained earnings restatement [1]   (32)      
Effect of adoption of IFRIC 23 $ (11)        
UBS AG | Non-controlling interests          
Balance before the adoption of IFRS 9 and IFRS 15 and retained earnings restatement   $ 59      
[1]
Opening retained earnings as of 1 January 2018 have been restated to reflect a reduction of USD 32 million in connection with the retrospective recognition of a USD 43 million increase in compensation-related liabilities and an USD 11 million increase in deferred tax assets. Refer to Note 1b for more information.
[2]
Comparative-period information has been restated. Refer to Note 1b for more information.
[3]
In 2020, UBS modified the conditions for continued vesting of certain outstanding deferred compensation awards for qualifying employees. Refer to Note 1b for more information
[4]
Less deferred tax liabilities as applicable.
[5]
Comparative-period information has been restated. Refer to Note 1b for more information
[6]
Excludes other comprehensive income related to defined benefit plans and own credit, which is recorded directly in Retained earnings
[7]
Comparative-period information has been restated. Refer to Note 1b for more information.