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Commitments, Pledged Assets, and Collateral (Tables)
12 Months Ended
Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]  
Future minimum rental payments under operating leases
The following table presents required future minimum rental payments under operating leases with noncancelable lease terms that expire after December 31, 2015.
Year ended December 31, (in millions)
 
2016
$
1,668

2017
1,647

2018
1,447

2019
1,263

2020
1,125

After 2020
4,679

Total minimum payments required
11,829

Less: Sublease rentals under noncancelable subleases
(1,889
)
Net minimum payment required
$
9,940

Total rental expense was as follows.
Total rental expense
Total rental expense was as follows.
Year ended December 31,
 
 
 
 
 
 
(in millions)
 
2015
 
2014
 
2013
Gross rental expense
 
$
2,015

 
$
2,255

 
$
2,187

Sublease rental income
 
(411
)
 
(383
)
 
(341
)
Net rental expense
 
$
1,604

 
$
1,872

 
$
1,846

Significant components of assets pledged
The significant components of the Firm’s pledged assets were as follows.
December 31, (in billions)
 
2015
 
2014
Securities
 
$
124.3

 
$
118.7

Loans
 
298.6

 
248.2

Trading assets and other
 
144.9

 
169.0

Total assets pledged
 
$
567.8

 
$
535.9