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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 241,825 $ 261,036
Collateralized agreements:    
Securities purchased under agreements to resell (at fair value) 225,117 205,703
Securities borrowed (includes $38,578 and $39,955 at fair value) 189,041 178,771
Customer and other receivables (includes $25 and $42 at fair value) 135,448 160,673
Trading assets (at fair value and includes $40,143 and $68,208 pledged as collateral) 301,245 375,916
Investments (includes $78,201 and $83,427 at fair value, and $9,818 and $12,840 pledged as collateral) 130,629 88,719
Loans (net of allowance of $5,543 and $3,573, and includes $7,655 and $10,769 at fair value) 179,286 158,562
Other assets (includes $145 and $0 at fair value) 39,208 34,608
Total assets 1,441,799 1,463,988
Liabilities and shareholders’ equity    
Deposits (includes $15,746 and $35,425 at fair value) 386,665 364,227
Collateralized financings:    
Securities sold under agreements to repurchase (at fair value) 110,349 165,883
Securities loaned (includes $4,372 and $9,170 at fair value) 30,727 46,505
Other secured financings (includes $12,756 and $17,074 at fair value) 13,946 18,544
Customer and other payables 262,045 251,931
Trading liabilities (at fair value) 191,324 181,424
Unsecured short-term borrowings (includes $39,731 and $29,832 at fair value) 60,961 46,955
Unsecured long-term borrowings (includes $73,147 and $52,390 at fair value) 247,138 254,092
Other liabilities (includes $159 and $359 at fair value) 21,455 24,501
Total liabilities 1,324,610 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; 917,815,030 and 906,430,314 shares issued, and 334,918,639 and 333,573,254 shares outstanding 9 9
Share-based awards 5,696 4,211
Nonvoting common stock; no shares issued and outstanding 0 0
Additional paid-in capital 59,050 56,396
Retained earnings 139,372 131,811
Accumulated other comprehensive loss (3,010) (2,068)
Stock held in treasury, at cost; 582,896,393 and 572,857,062 shares (94,631) (91,136)
Total shareholders’ equity 117,189 109,926
Total liabilities and shareholders’ equity $ 1,441,799 $ 1,463,988