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Other Liabilities (Tables)
 9 Months Ended
Sep. 30, 2023
Other Liabilities Disclosure [Abstract]  
Summary of Other Liabilities by Type
The table below presents other liabilities by type.
 
As of
SeptemberDecember
$ in millions20232022
Compensation and benefits$6,534 $7,225 
Income tax-related liabilities2,982 2,669 
Operating lease liabilities2,222 2,154 
Noncontrolling interests471 649 
Employee interests in consolidated funds19 25 
Accrued expenses and other 7,855 8,733 
Total$20,083 $21,455 
Information About Operating Lease Liabilities
The table below presents information about operating lease liabilities.
$ in millionsOperating
 lease liabilities
As of September 2023 
Remainder of 2023$54 
2024365 
2025314 
2026278 
2027247 
2028 - thereafter1,585 
Total undiscounted lease payments2,843 
Imputed interest(621)
Total operating lease liabilities$2,222 
Weighted average remaining lease term12 years
Weighted average discount rate4.04 %
As of December 2022 
2023$325 
2024334 
2025283 
2026236 
2027203 
2028 - thereafter1,424 
Total undiscounted lease payments2,805 
Imputed interest(651)
Total operating lease liabilities$2,154 
Weighted average remaining lease term13 years
Weighted average discount rate3.66 %
In the table above, the weighted average discount rate represents the firm’s incremental borrowing rate as of January 2019 for operating leases existing on the date of adoption of ASU No. 2016-02, “Leases (Topic 842),” and at the lease inception date for leases entered into subsequent to the adoption of this ASU.