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Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 105,489 $ 133,546
Collateralized agreements:    
Securities purchased under agreements to resell (at fair value) 132,333 85,691
Securities borrowed (includes $29,771 and $26,279 at fair value) 121,670 136,071
Customer and other receivables (includes $53 and $53 at fair value) 120,927 74,605
Trading assets (at fair value and includes $59,128 and $66,605 pledged as collateral) 375,471 355,332
Investments (includes $62,655 and $57,827 at fair value, and $10,765 and $10,968 pledged as collateral) 68,694 63,937
Loans (net of allowance of $2,868 and $1,441, and includes $13,829 and $14,386 at fair value) 128,453 108,904
Other assets 36,719 34,882
Total assets 1,089,756 992,968
Liabilities and shareholders' equity    
Deposits (includes $24,722 and $17,765 at fair value) 219,994 190,019
Collateralized financings:    
Securities sold under agreements to repurchase (at fair value) 95,864 117,756
Securities loaned (includes $1,148 and $714 at fair value) 13,869 14,985
Other secured financings (includes $29,991 and $18,071 at fair value) 37,196 19,277
Customer and other payables 213,178 174,817
Trading liabilities (at fair value) 136,358 108,835
Unsecured short-term borrowings (includes $18,983 and $26,007 at fair value) 37,148 48,287
Unsecured long-term borrowings (includes $43,313 and $43,661 at fair value) 225,476 207,076
Other liabilities (includes $327 and $150 at fair value) 18,294 21,651
Total liabilities 997,377 902,703
Commitments, contingencies and guarantees
Shareholders' equity    
Preferred stock; aggregate liquidation preference of $11,203 and $11,203 11,203 11,203
Common stock; 901,409,000 and 896,782,650 shares issued, and 343,856,654 and 347,343,184 shares outstanding 9 9
Share-based awards 3,037 3,195
Nonvoting common stock; no shares issued and outstanding 0 0
Additional paid-in capital 55,621 54,883
Retained earnings 106,501 106,465
Accumulated other comprehensive income/(loss) 1,937 (1,484)
Stock held in treasury, at cost; 557,552,348 and 549,439,468 shares (85,929) (84,006)
Total shareholders' equity 92,379 90,265
Total liabilities and shareholders' equity $ 1,089,756 $ 992,968