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CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Sep. 30, 2019
Assets:    
Cash and cash equivalents $ 10,648 $ 3,957
Cash and cash equivalents segregated pursuant to regulations 4,045 2,014
Securities purchased under agreements to resell 130 343
Securities borrowed 250 248
Financial instruments, at fair value:    
Trading instruments ($236 and $535 pledged as collateral) 445 708
Available-for-sale securities ($28 and $24 pledged as collateral) 4,265 3,093
Derivative assets 447 338
Other investments ($40 and $32 pledged as collateral) 316 365
Brokerage client receivables, net 2,491 2,671
Receivables from brokers, dealers and clearing organizations 445 281
Other receivables 846 549
Bank loans, net 21,788 20,891
Loans to financial advisors, net 982 983
Property and equipment, net 543 527
Deferred income taxes, net 224 231
Goodwill and identifiable intangible assets, net 603 611
Other assets 1,341 1,020
Total assets 49,809 38,830
Liabilities and shareholders’ equity:    
Bank deposits 30,023 22,281
Securities sold under agreements to repurchase 215 150
Securities loaned 28 323
Financial instruments sold but not yet purchased, at fair value:    
Trading instruments 24 296
Derivative liabilities 427 313
Brokerage client payables 7,076 4,361
Payables to brokers, dealers and clearing organizations 284 229
Accrued compensation, commissions and benefits 929 1,272
Other payables 1,034 518
Other borrowings 891 894
Senior notes payable 2,044 1,550
Total liabilities 42,975 32,187
Commitments and contingencies (see Note 15)
Shareholders’ equity    
Preferred stock; $.10 par value; 10,000,000 shares authorized; -0- shares issued and outstanding 0 0
Common stock; $.01 par value; 350,000,000 shares authorized; 158,731,812 and 158,435,030 shares issued as of March 31, 2020 and September 30, 2019, respectively, and 136,787,387 and 137,841,952 shares outstanding as of March 31, 2020 and September 30, 2019, respectively 2 2
Additional paid-in capital 1,953 1,938
Retained earnings 6,205 5,874
Treasury stock, at cost; 21,944,425 and 20,593,078 common shares as of March 31, 2020 and September 30, 2019, respectively (1,351) (1,210)
Accumulated other comprehensive loss (11) (23)
Total equity attributable to Raymond James Financial, Inc. 6,798 6,581
Noncontrolling interests 36 62
Total shareholders’ equity 6,834 6,643
Total liabilities and shareholders’ equity $ 49,809 $ 38,830