Employee Stock Based Incentives

6 Months Ended

Jun. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Employee Stock-Based Incentives

Employee stock-based incentives

For a discussion of the accounting policies and other information relating to employee stock-based incentives, see Note 10 on pages 241–243 of JPMorgan Chase’s 2012 Annual Report.

The Firm recognized the following noncash compensation expense related to its various employee stock-based incentive plans in its Consolidated Statements of Income.

	Three months ended June 30,				Six months ended June 30,
(in millions)	2013		2012		2013		2012
Cost of prior grants of restricted stock units (“RSUs”) and stock appreciation rights (“SARs”) that are amortized over their applicable vesting periods	$	372	$	450	$	756	$	1,032
Accrual of estimated costs of RSUs and SARs to be granted in future periods including those to full-career eligible employees	214		159		471		409
Total noncash compensation expense related to employee stock-based incentive plans	$	586	$	609	$	1,227	$	1,441

In the first quarter of 2013, in connection with its annual incentive grant for the 2012 performance year, the Firm granted 43 million RSUs and 12 million SARs with weighted-average grant date fair values of $46.58 per RSU and $9.56 per SAR.