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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and due from banks $ 27,697 $ 26,438
Deposits with banks 539,537 714,396
Federal funds sold and securities purchased under resale agreements (included $311,883 and $252,720 at fair value) 315,592 261,698
Securities borrowed (included $70,041 and $81,463 at fair value) 185,369 206,071
Trading assets (included assets pledged of $93,687 and $102,710) 453,799 433,575
Available-for-sale securities (amortized cost of $216,188 and $308,254; included assets pledged of $9,158 and $18,268) 205,857 308,525
Held-to-maturity securities 425,305 363,707
Investment securities, net of allowance for credit losses 631,162 672,232
Loans (included $42,079 and $58,820 at fair value) 1,135,647 1,077,714
Allowance for loan losses (19,726) (16,386)
Loans, net of allowance for loan losses 1,115,921 1,061,328
Accrued interest and accounts receivable 125,189 102,570
Premises and equipment 27,734 27,070
Goodwill, MSRs and other intangible assets 60,859 56,691
Other assets (included $14,921 and $14,753 at fair value and assets pledged of $7,998 and $5,298) 182,884 181,498
Total assets [1] 3,665,743 3,743,567
Liabilities    
Deposits (included $28,620 and $11,333 at fair value) 2,340,179 2,462,303
Federal funds purchased and securities loaned or sold under repurchase agreements (included $151,999 and $126,435 at fair value) 202,613 194,340
Short-term borrowings (included $15,792 and $20,015 at fair value) 44,027 53,594
Trading liabilities 177,976 164,693
Accounts payable and other liabilities (included $7,038 and $5,651 at fair value) 300,141 262,755
Beneficial interests issued by consolidated VIEs (included $5 and $12 at fair value) 12,610 10,750
Long-term debt (included $72,281 and $74,934 at fair value) 295,865 301,005
Total liabilities [1] 3,373,411 3,449,440
Commitments and contingencies (refer to Notes 28, 29 and 30)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares: issued 2,740,375 and 3,483,750 shares) 27,404 34,838
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 89,044 88,415
Retained earnings 296,456 272,268
Accumulated other comprehensive losses (17,341) (84)
Treasury stock, at cost (1,170,676,094 and 1,160,784,750 shares) (107,336) (105,415)
Total stockholders’ equity 292,332 294,127
Total liabilities and stockholders’ equity 3,665,743 3,743,567
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $93,687 and $102,710) 2,151 2,010
Loans, net of allowance for loan losses 34,411 33,024
Other assets (included $14,921 and $14,753 at fair value and assets pledged of $7,998 and $5,298) 550 490
Total assets 37,112 35,524
Liabilities    
Beneficial interests issued by consolidated VIEs (included $5 and $12 at fair value) 12,610 10,750
All other liabilities 279 245
Total liabilities $ 12,889 $ 10,995
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at December 31, 2022 and 2021. The 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. 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. Refer to Note 14 for a further discussion.
December 31, (in millions)20222021
Assets
Trading assets$2,151 $2,010 
Loans34,411 33,024 
All other assets550 490 
Total assets$37,112 $35,524 
Liabilities
Beneficial interests issued by consolidated VIEs$12,610 $10,750 
All other liabilities279 245 
Total liabilities$12,889 $10,995