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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and due from banks $ 27,265 $ 29,066
Deposits with banks 503,554 595,085
Federal funds sold and securities purchased under resale agreements (included $379,930 and $259,813 at fair value) 392,763 276,152
Securities borrowed (included $87,652 and $70,086 at fair value) 199,062 200,436
Trading assets (included assets pledged of $176,536 and $128,994) 733,882 540,607
Available-for-sale securities (amortized cost of $269,899 and $205,456; included assets pledged of $9,146 and $9,219) 266,252 201,704
Held-to-maturity securities 323,746 369,848
Investment securities, net of allowance for credit losses 589,998 571,552
Loans (included $38,250 and $38,851 at fair value) 1,320,700 1,323,706
Allowance for loan losses (22,991) (22,420)
Loans, net of allowance for loan losses 1,297,709 1,301,286
Accrued interest and accounts receivable 135,692 107,363
Premises and equipment 30,582 30,157
Goodwill, MSRs and other intangible assets 64,525 64,381
Other assets (included $17,233 and $12,306 at fair value and assets pledged of $6,702 and $6,764) 167,971 159,308
Total assets [1] 4,143,003 3,875,393
Liabilities    
Deposits (included $69,387 and $78,384 at fair value) 2,396,530 2,400,688
Federal funds purchased and securities loaned or sold under repurchase agreements (included $336,315 and $169,003 at fair value) 400,832 216,535
Short-term borrowings (included $26,117 and $20,042 at fair value) 47,308 44,712
Trading liabilities 240,836 180,428
Accounts payable and other liabilities (included $5,925 and $5,637 at fair value) 295,813 290,307
Beneficial interests issued by consolidated VIEs (included $1 and $1 at fair value) 27,104 23,020
Long-term debt (included $93,448 and $87,924 at fair value) 394,028 391,825
Total liabilities [1] 3,802,451 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 2,390,375 and 2,740,375 shares) 23,900 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 90,328 90,128
Retained earnings 356,924 332,901
Accumulated other comprehensive losses (11,338) (10,443)
Treasury stock, at cost (1,259,769,168 and 1,228,275,301 shares) (123,367) (116,217)
Total stockholders’ equity 340,552 327,878
Total liabilities and stockholders’ equity 4,143,003 3,875,393
VIEs consolidated by the Firm    
Assets    
Trading assets (included assets pledged of $176,536 and $128,994) 2,366 2,170
Loans, net of allowance for loan losses 37,367 37,611
Other assets (included $17,233 and $12,306 at fair value and assets pledged of $6,702 and $6,764) 641 591
Total assets 40,374 40,372
Liabilities    
Beneficial interests issued by consolidated VIEs (included $1 and $1 at fair value) 27,104 23,020
All other liabilities 335 263
Total liabilities $ 27,439 $ 23,283
[1] The following table presents information on assets and liabilities related to VIEs that are consolidated by the Firm at June 30, 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)June 30, 2024December 31, 2023
Assets
Trading assets$2,366 $2,170 
Loans37,367 37,611 
All other assets641 591 
Total assets$40,374 $40,372 
Liabilities
Beneficial interests issued by consolidated VIEs$27,104 $23,020 
All other liabilities335 263 
Total liabilities$27,439 $23,283