XML 9 R2.htm IDEA: XBRL DOCUMENT v3.25.1
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Assets    
Cash and cash equivalents [1] $ 7,747 $ 12,762
Accounts receivable 4,281 4,304
Investments [1] 10,525 9,769
Separate account assets 53,655 52,811
Separate account collateral held under securities lending agreements 5,803 6,059
Property and equipment (net of accumulated depreciation and amortization of $1,630 and $1,553 at March 31, 2025 and December 31, 2024, respectively) 1,120 1,103
Intangible assets (net of accumulated amortization of $892 and $782 at March 31, 2025 and December 31, 2024, respectively) 21,850 20,743
Goodwill 28,298 25,949
Operating lease right-of-use assets 1,520 1,519
Other assets [1] 7,143 3,596
Total assets 141,942 138,615
Liabilities    
Accrued compensation and benefits 1,153 2,964
Accounts payable and accrued liabilities 1,619 1,536
Borrowings 12,349 12,314
Separate account liabilities 53,655 52,811
Separate account collateral liabilities under securities lending agreements 5,803 6,059
Contingent consideration liabilities 4,390 4,302
Deferred income tax liabilities 3,675 3,334
Operating lease liabilities 1,910 1,908
Other liabilities [1] 7,198 4,032
Total liabilities 91,752 89,260
Commitments and contingencies (Note 15)
Temporary equity    
Redeemable noncontrolling interests 1,984 1,691
Permanent equity    
Common stock, $0.01 par value; Shares authorized: 500,000,000 at March 31, 2025 and December 31, 2024; Shares issued: 156,032,049 and 155,318,170 at March 31, 2025 and December 31, 2024, respectively; Shares outstanding: 155,022,449 and 154,947,813 at March 31, 2025 and December 31, 2024, respectively 2 2
Additional paid-in capital 13,744 13,446
Retained earnings 36,283 35,611
Accumulated other comprehensive loss (951) (1,178)
Treasury stock, common, at cost (1,009,600 and 370,357 shares held at March 31, 2025 and December 31, 2024, respectively) (1,042) (386)
Total BlackRock, Inc. stockholders’ equity 48,036 47,495
Nonredeemable noncontrolling interests 170 169
Total permanent equity 48,206 47,664
Total liabilities, temporary equity and permanent equity $ 141,942 $ 138,615
[1] At March 31, 2025, cash and cash equivalents, investments, other assets and other liabilities include $282 million, $5.5 billion, $77 million and $2.1 billion, respectively, related to consolidated variable interest entities (“VIEs”). At December 31, 2024, cash and cash equivalents, investments, other assets and other liabilities include $125 million, $5.1 billion, $45 million and $2.1 billion, respectively, related to consolidated VIEs.