Employee stock-based incentives

6 Months Ended

Jun. 30, 2015

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 of JPMorgan Chase’s 2014Annual 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)	2015		2014		2015		2014
Cost of prior grants of restricted stock units (“RSUs”) and stock appreciation rights (“SARs”) that are amortized over their applicable vesting periods	$	295	$	335	$	587	$	745
Accrual of estimated costs of stock awards to be granted in future periods including those to full-career eligible employees	215		189		488		397
Total noncash compensation expense related to employee stock-based incentive plans	$	510	$	524	$	1,075	$	1,142

In the first quarter of 2015, in connection with its annual incentive grant for the 2014 performance year, the Firm granted 34 million RSUs with a weighted-average grant date fair value of $55.91 per RSU.