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Leases (Tables)
 12 Months Ended
Dec. 31, 2025
Leases [Abstract]  
Schedule of information related to operating leases
The carrying values of the Firm’s operating leases were as follows:
December 31,
(in millions, except where otherwise noted)
20252024
Right-of-use assets$8,901$8,494
Lease liabilities9,3378,900
Weighted average remaining lease term (in years)8.28.3
Weighted average discount rate4.43 %4.24 %
Year ended December 31,
(in millions)		202520242023
Supplemental cash flow information
Cash paid for amounts included in the measurement of lease liabilities - operating cash flows$1,759$1,734$1,662
Supplemental non-cash information
Right-of-use assets obtained in exchange for operating lease obligations$1,834$1,565$2,094 
Year ended December 31,
(in millions)		202520242023
Rental expense
Gross rental expense$2,388 $2,231 $2,079 
Sublease rental income(28)(41)(72)
Net rental expense$2,360 $2,190 $2,007 
Schedule of future payments under operating leases
The following table presents future payments under operating leases as of December 31, 2025.
Year ended December 31,
(in millions)
2026$1,767 
20271,699 
20281,539 
20291,322 
20301,094 
After 20303,834 
Total future minimum lease payments11,255 
Less: Imputed interest(1,918)
Total$9,337 
Schedule of carrying value of assets subject to leases
The following table presents the carrying value of assets subject to leases reported on the Consolidated balance sheets.
December 31,
(in millions)		20252024
Carrying value of assets subject to operating leases, net of accumulated depreciation
$20,130 $12,988 
Accumulated depreciation
3,177 2,509 
Schedule of operating lease income and related depreciation expense
The following table presents the Firm’s operating lease income and the related depreciation expense on the Consolidated statements of income.
Year ended December 31, (in millions)202520242023
Operating lease income$3,803 $2,795 $2,843 
Depreciation expense2,418 1,685 1,778 
Schedule of future receipts under operating leases
The following table presents future receipts under operating leases as of December 31, 2025.
Year ended December 31,
(in millions)
2026$3,637 
20272,645 
20281,023 
202944 
20304 
After 2030— 
Total future minimum lease receipts$7,353