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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 284,251 $ 261,036
Collateralized agreements:    
Securities purchased under agreements to resell (at fair value) 182,502 205,703
Securities borrowed (includes $42,506 and $39,955 at fair value) 196,968 178,771
Customer and other receivables (includes $25 and $42 at fair value) 165,421 160,673
Trading assets (at fair value and includes $77,130 and $68,208 pledged as collateral) 383,975 375,916
Investments (includes $77,580 and $83,427 at fair value, and $20,375 and $12,840 pledged as collateral) 126,963 88,719
Loans (net of allowance of $4,846 and $3,573, and includes $8,250 and $10,769 at fair value) 176,669 158,562
Other assets 39,245 34,608
Total assets 1,555,994 1,463,988
Liabilities and shareholders’ equity    
Deposits (includes $23,587 and $35,425 at fair value) 394,733 364,227
Collateralized financings:    
Securities sold under agreements to repurchase (at fair value) 159,690 165,883
Securities loaned (includes $7,444 and $9,170 at fair value) 43,822 46,505
Other secured financings (includes $14,240 and $17,074 at fair value) 15,595 18,544
Customer and other payables 278,457 251,931
Trading liabilities (at fair value) 231,713 181,424
Unsecured short-term borrowings (includes $32,470 and $29,832 at fair value) 51,850 46,955
Unsecured long-term borrowings (includes $65,358 and $52,390 at fair value) 239,965 254,092
Other liabilities (includes $462 and $359 at fair value) 20,879 24,501
Total liabilities 1,436,704 1,354,062
Commitments, contingencies and guarantees
Shareholders’ equity    
Preferred stock; aggregate liquidation preference of $10,703 and $10,703 10,703 10,703
Common stock; 917,804,656 and 906,430,314 shares issued, and 339,103,013 and 333,573,254 shares outstanding 9 9
Share-based awards 5,479 4,211
Nonvoting common stock; no shares issued and outstanding 0 0
Additional paid-in capital 59,031 56,396
Retained earnings 139,067 131,811
Accumulated other comprehensive loss (1,872) (2,068)
Stock held in treasury, at cost; 578,701,645 and 572,857,062 shares (93,127) (91,136)
Total shareholders’ equity 119,290 109,926
Total liabilities and shareholders’ equity $ 1,555,994 $ 1,463,988