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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Assets    
Cash and due from banks $ 21,946 $ 22,324
Deposits with banks 280,658 256,469
Federal funds sold and securities purchased under resale agreements (included $13,969 and $13,235 at fair value) 299,140 321,588
Securities borrowed (included $5,642 and $5,105 at fair value) 123,186 111,995
Trading assets (included assets pledged of $153,313 and $89,073) 533,402 413,714
Investment securities (included $236,516 and $230,394 at fair value and assets pledged of $10,516 and $11,432) 267,365 261,828
Loans (included $3,719 and $3,151 at fair value) 956,245 984,554
Allowance for loan losses (13,533) (13,445)
Loans, net of allowance for loan losses 942,712 971,109
Accrued interest and accounts receivable 72,240 73,200
Premises and equipment 24,160 14,934
Goodwill, MSRs and other intangible assets 54,168 54,349
Other assets (included $10,277 and $9,630 at fair value and assets pledged of $3,090 and $3,457) 118,211 121,022
Total assets [1] 2,737,188 2,622,532
Liabilities    
Deposits (included $31,804 and $23,217 at fair value) 1,493,441 1,470,666
Federal funds purchased and securities loaned or sold under repurchase agreements (included $971 and $935 at fair value) 222,677 182,320
Short-term borrowings (included $7,198 and $7,130 at fair value) 71,305 69,276
Trading liabilities 156,907 144,773
Accounts payable and other liabilities (included $3,277 and $3,269 at fair value) 216,173 196,710
Beneficial interests issued by consolidated VIEs (included $13 and $28 at fair value) 25,955 20,241
Long-term debt (included $61,241 and $54,886 at fair value) 290,893 282,031
Total liabilities [1] 2,477,351 2,366,017
Commitments and contingencies (refer to Notes 22, 23 and 24)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 2,699,250 and 2,606,750 shares) 26,993 26,068
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 88,170 89,162
Retained earnings 205,437 199,202
Accumulated other comprehensive loss (558) (1,507)
Shares held in restricted stock units (“RSU”) Trust, at cost (472,953 shares) (21) (21)
Treasury stock, at cost (860,960,924 and 829,167,674 shares) (64,289) (60,494)
Total stockholders’ equity 259,837 256,515
Total liabilities and stockholders’ equity 2,737,188 2,622,532
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $153,313 and $89,073) 1,605 1,966
Loans (included $3,719 and $3,151 at fair value) 55,460 59,456
Other assets (included $10,277 and $9,630 at fair value and assets pledged of $3,090 and $3,457) 1,058 1,013
Total assets 58,123 62,435
Liabilities    
Beneficial interests issued by consolidated VIEs (included $13 and $28 at fair value) 25,955 20,241
All other liabilities 302 312
Total liabilities $ 26,257 $ 20,553
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at March 31, 2019, and December 31, 2018. The assets of the consolidated VIEs are used to settle the liabilities of those entities. The holders of the beneficial interests generally do not have recourse to the general credit of JPMorgan Chase. The assets and liabilities in the table below include third-party assets and liabilities of consolidated VIEs and exclude intercompany balances that eliminate in consolidation. For a further discussion, refer to Note 13.
(in millions)
Mar 31, 2019
 
Dec 31, 2018
Assets
 
 
 
Trading assets
$
1,605

 
$
1,966

Loans
55,460

 
59,456

All other assets
1,058

 
1,013

Total assets
$
58,123

 
$
62,435

Liabilities
 
 
 
Beneficial interests issued by consolidated VIEs
$
25,955

 
$
20,241

All other liabilities
302

 
312

Total liabilities
$
26,257

 
$
20,553