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Common Stock (Tables)
12 Months Ended
Dec. 31, 2016
Stockholders' Equity Note [Abstract]  
Schedule of stock by class
The following is a summary of JPMorgan Chase’s non-cumulative preferred stock outstanding as of December 31, 2016 and 2015.
 
 
Shares at December 31, 2016 and 2015(a)
Carrying value at December 31, 2016 and 2015 (in millions)
Issue date
Contractual rate
in effect at
December 31, 2016
Earliest redemption date
Date at which dividend rate becomes floating
Floating annual
rate of
three-month LIBOR plus:
 
 
 
Fixed-rate:
 
 
 
 
 
 
 
 
 
 
 
Series O
125,750

 
$
1,258

 
8/27/2012
5.500
%
 
9/1/2017
NA
NA
 
Series P
90,000

 
900

 
2/5/2013
5.450

 
3/1/2018
NA
NA
 
Series T
92,500

 
925

 
1/30/2014
6.700

 
3/1/2019
NA
NA
 
Series W
88,000

 
880

 
6/23/2014
6.300

 
9/1/2019
NA
NA
 
Series Y
143,000

 
1,430

 
2/12/2015
6.125

 
3/1/2020
NA
NA
 
Series AA
142,500

 
1,425

 
6/4/2015
6.100

 
9/1/2020
NA
NA
 
Series BB
115,000

 
1,150

 
7/29/2015
6.150

 
9/1/2020
NA
NA
 
 
 
 
 
 
 
 
 
 
 
 
 
Fixed-to-floating-rate:
 
 
 
 
 
 
 
 
 
 
 
Series I
600,000

 
6,000

 
4/23/2008
7.900
%
 
4/30/2018
4/30/2018
LIBOR + 3.47%
 
Series Q
150,000

 
1,500

 
4/23/2013
5.150

 
5/1/2023
5/1/2023
LIBOR + 3.25
 
Series R
150,000

 
1,500

 
7/29/2013
6.000

 
8/1/2023
8/1/2023
LIBOR + 3.30
 
Series S
200,000

 
2,000

 
1/22/2014
6.750

 
2/1/2024
2/1/2024
LIBOR + 3.78
 
Series U
100,000

 
1,000

 
3/10/2014
6.125

 
4/30/2024
4/30/2024
LIBOR + 3.33
 
Series V
250,000

 
2,500

 
6/9/2014
5.000

 
7/1/2019
7/1/2019
LIBOR + 3.32
 
Series X
160,000

 
1,600

 
9/23/2014
6.100

 
10/1/2024
10/1/2024
LIBOR + 3.33
 
Series Z
200,000

 
2,000

 
4/21/2015
5.300

 
5/1/2020
5/1/2020
LIBOR + 3.80
 
Total preferred stock
2,606,750

 
$
26,068

 
 
 
 
 
 
 
(a)
Represented by depositary shares.
Common shares issued (newly issued or distributed from treasury) by JPMorgan Chase during the years ended December 31, 2016, 2015 and 2014 were as follows.
Year ended December 31,
(in millions)
2016

2015

2014

Total issued – balance at January 1
4,104.9

4,104.9

4,104.9

Treasury – balance at January 1
(441.4
)
(390.1
)
(348.8
)
Purchase of treasury stock
(140.4
)
(89.8
)
(82.3
)
Issued from treasury:
 
 
 
Employee benefits and compensation plans
26.0

32.8

39.8

Warrant exercise
11.1

4.7


Employee stock purchase plans
1.0

1.0

1.2

Total issued from treasury
38.1

38.5

41.0

Total treasury – balance at December 31
(543.7
)
(441.4
)
(390.1
)
Outstanding at December 31
3,561.2

3,663.5

3,714.8

Schedule of common equity repurchases
The following table sets forth the Firm’s repurchases of common equity for the years ended December 31, 2016, 2015 and 2014, on a settlement-date basis. There were no warrants repurchased during the years ended December 31, 2016, 2015 and 2014.
Year ended December 31, (in millions)
 
2016

 
2015

 
2014

Total number of shares of common stock repurchased
 
140.4

 
89.8

 
82.3

Aggregate purchase price of common stock repurchases
 
$
9,082

 
$
5,616

 
$
4,760