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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 22,750 $ 29,066
Deposits with banks 539,366 595,085
Federal funds sold and securities purchased under resale agreements (included $324,418 and $259,813 at fair value) 330,559 276,152
Securities borrowed (included $84,258 and $70,086 at fair value) 198,336 200,436
Trading assets (included assets pledged of $180,196 and $128,994) 754,409 540,607
Available-for-sale securities (amortized cost of $239,813 and $205,456; included assets pledged of $10,806 and $9,219) 236,152 201,704
Held-to-maturity securities 334,527 369,848
Investment securities, net of allowance for credit losses 570,679 571,552
Loans (included $39,046 and $38,851 at fair value) 1,309,616 1,323,706
Allowance for loan losses (22,351) (22,420)
Loans, net of allowance for loan losses 1,287,265 1,301,286
Accrued interest and accounts receivable 129,823 107,363
Premises and equipment 30,279 30,157
Goodwill, MSRs and other intangible assets 64,374 64,381
Other assets (included $15,645 and $12,306 at fair value and assets pledged of $9,811 and $6,764) 162,887 159,308
Total assets [1] 4,090,727 3,875,393
Liabilities    
Deposits (included $80,578 and $78,384 at fair value) 2,428,409 2,400,688
Federal funds purchased and securities loaned or sold under repurchase agreements (included $264,554 and $169,003 at fair value) 325,670 216,535
Short-term borrowings (included $22,856 and $20,042 at fair value) 46,268 44,712
Trading liabilities 228,327 180,428
Accounts payable and other liabilities (included $8,917 and $5,637 at fair value) 301,469 290,307
Beneficial interests issued by consolidated VIEs (included $1 and $1 at fair value) 28,075 23,020
Long-term debt (included $92,730 and $87,924 at fair value) 395,872 391,825
Total liabilities [1] 3,754,090 3,547,515
Commitments and contingencies (refer to Notes 22, 23 and 24)
Stockholders’ equity    
Preferred stock ($1 par value; authorized 200,000,000 shares; issued 2,990,375 and 2,740,375 shares) 29,900 27,404
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 89,903 90,128
Retained earnings 342,414 332,901
Accumulated other comprehensive losses (11,639) (10,443)
Treasury stock, at cost (1,233,266,016 and 1,228,275,301 shares) (118,046) (116,217)
Total stockholders’ equity 336,637 327,878
Total liabilities and stockholders’ equity 4,090,727 3,875,393
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $180,196 and $128,994) 2,229 2,170
Loans, net of allowance for loan losses 40,059 37,611
Other assets (included $15,645 and $12,306 at fair value and assets pledged of $9,811 and $6,764) 648 591
Total assets 42,936 40,372
Liabilities    
Beneficial interests issued by consolidated VIEs (included $1 and $1 at fair value) 28,075 23,020
All other liabilities 282 263
Total liabilities $ 28,357 $ 23,283
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at March 31, 2024 and December 31, 2023. 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. Refer to Note 13 for a further discussion.
(in millions)March 31, 2024December 31, 2023
Assets
Trading assets$2,229 $2,170 
Loans40,059 37,611 
All other assets648 591 
Total assets$42,936 $40,372 
Liabilities
Beneficial interests issued by consolidated VIEs$28,075 $23,020 
All other liabilities282 263 
Total liabilities$28,357 $23,283