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LEASES
12 Months Ended
Sep. 30, 2025
Leases [Abstract]  
LEASES LEASES
The following table presents the balances related to our leases on our Consolidated Statements of Financial Condition. See Note 2 for a discussion of our accounting policies related to leases.
 September 30,
$ in millions20252024
ROU lease assets (included in “Other assets”)
$583 $568 
Lease liabilities (included in “Other payables”)
$538 $533 

The weighted-average remaining lease term and discount rate for our leases is presented in the following table.
September 30,
20252024
Weighted-average remaining lease term5.8 years6.3 years
Weighted-average discount rate4.85 %4.87 %

Lease expense

The following table details the components of lease expense, which is included in “Occupancy and equipment” expense on our Consolidated Statements of Income and Comprehensive Income.
Year ended September 30,
$ in millions202520242023
Lease costs$148 $142 $133 
Variable lease costs$28 $37 $31 

Variable lease costs in the preceding table included payments required under lease arrangements for common area maintenance charges and other variable costs that are not reflected in the measurement of ROU lease assets and lease liabilities.
Lease liabilities

The maturities by fiscal year of our lease liabilities as of September 30, 2025 are presented in the following table.
Fiscal year ended September 30,$ in millions
2026$133 
2027118 
2028103 
202986 
203073 
Thereafter111 
Gross lease payments624 
Less: interest(86)
Present value of lease liabilities$538 

Lease liabilities as of September 30, 2025 excluded $55 million of minimum lease payments related to lease arrangements that were legally binding but had not yet commenced. These leases are estimated to commence in fiscal 2026 with lease terms ranging from 3 to 11 years.