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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 24,095 $ 27,831
Deposits with banks 398,807 484,477
Federal funds sold and securities purchased under resale agreements (included $28,670 and $28,585 at fair value) 212,850 215,803
Securities borrowed (included $495 and $992 at fair value) 98,528 110,435
Trading assets 377,870 398,988
Securities (included $266,201 and $298,752 at fair value and assets pledged of $22,616 and $24,912) 317,795 348,004
Loans 791,247 757,336
Allowance for loan losses (13,915) (14,185)
Loans, net of allowance for loan losses 777,332 743,151
Accrued interest and accounts receivable 69,642 70,079
Premises and equipment 15,073 15,133
Goodwill 47,476 47,647
Mortgage servicing rights 7,571 7,436
Other intangible assets 1,091 1,192
Other assets 101,469 102,597
Total assets [1] 2,449,599 2,572,773
Liabilities    
Deposits (included $11,485 and $8,807 at fair value) 1,287,332 1,363,427
Federal funds purchased and securities loaned or sold under repurchase agreements (included $3,586 and $2,979 at fair value) 180,897 192,101
Commercial paper 42,238 66,344
Other borrowed funds (included $13,987 and $14,739 at fair value) 30,061 30,222
Trading liabilities 139,422 152,815
Accounts payable and other liabilities (included $23 and $26 at fair value) 191,749 206,939
Beneficial interests issued by consolidated variable interest entities 50,002 52,362
Long-term debt (included $31,316 and $30,226 at fair value) 286,693 276,836
Total liabilities [1] $ 2,208,394 $ 2,341,046
Commitments and contingencies    
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 2,491,750 and 2,006,250 shares) $ 24,918 $ 20,063
Common stock ($1 par value; authorized 9,000,000,000 shares; issued 4,104,933,895 shares) 4,105 4,105
Additional paid-in capital 92,204 93,270
Retained earnings 138,294 129,977
Accumulated other comprehensive income 1,102 2,189
Shares held in RSU Trust, at cost (472,953 shares) (21) (21)
Treasury stock, at cost (406,866,534 and 390,144,630 shares) (19,397) (17,856)
Total stockholders’ equity 241,205 231,727
Total liabilities and stockholders’ equity 2,449,599 2,572,773
Assets and liabilities related to VIEs that are consolidated by the Firm    
Assets    
Trading assets 5,168 9,090
Loans 67,116 68,880
Other assets 2,274 1,815
Total assets 74,558 79,785
Liabilities    
Beneficial interests issued by consolidated variable interest entities 50,002 52,362
All other liabilities 868 949
Total liabilities $ 50,870 $ 53,311
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at June 30, 2015, and December 31, 2014. The difference between total VIE assets and liabilities represents the Firm’s interests in those entities, which were eliminated in consolidation.(in millions)Jun 30, 2015 Dec 31, 2014Assets Trading assets$5,168 $9,090Loans67,116 68,880All other assets2,274 1,815Total assets$74,558 $79,785Liabilities Beneficial interests issued by consolidated variable interest entities$50,002 $52,362All other liabilities868 949Total liabilities$50,870 $53,311The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests do not have recourse to the general credit of JPMorgan Chase. At both June 30, 2015, and December 31, 2014, the Firm provided limited program-wide credit enhancement of $2.0 billion related to its Firm-administered multi-seller conduits, which are eliminated in consolidation. For further discussion, see Note 15.