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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Assets    
Cash and cash equivalents $ 105,654 $ 82,171
Trading assets at fair value ($132,578 and $128,386 were pledged to various parties) 312,738 297,110
Investment securities (includes $110,383 and $62,223 at fair value) 182,154 105,725
Securities purchased under agreements to resell (includes $15 and $4 at fair value) 116,234 88,224
Securities borrowed 112,391 106,549
Customer and other receivables 97,737 55,646
Held for investment (net of allowance of $835 and $349) 137,784 118,060
Held for sale 12,813 12,577
Goodwill 11,635 7,143
Intangible assets (net of accumulated amortization of $3,265 and $3,204) 4,980 2,107
Other assets 21,742 20,117
Total assets 1,115,862 895,429
Liabilities    
Deposits (includes $3,521 and $2,099 at fair value) 310,782 190,356
Trading liabilities at fair value 157,631 133,356
Securities sold under agreements to repurchase (includes $1,115 and $733 at fair value) 50,587 54,200
Securities loaned 7,731 8,506
Other secured financings (includes $11,701 and $7,809 at fair value) 15,863 14,698
Customer and other payables 227,437 197,834
Other liabilities and accrued expenses 25,603 21,155
Borrowings (includes $73,701 and $64,461 at fair value) 217,079 192,627
Total liabilities 1,012,713 812,732
Commitments and contingent liabilities (see Note 15)
Equity    
Preferred stock 9,250 8,520
Common stock 20 20
Additional paid-in capital 25,546 23,935
Retained earnings 78,694 70,589
Employee stock trusts 3,043 2,918
Accumulated other comprehensive income (loss) (1,962) (2,788)
Common stock held in treasury at cost, $0.01 par value (229,269,835 and 444,920,299 shares) (9,767) (18,727)
Common stock issued to employee stock trusts (3,043) (2,918)
Total Morgan Stanley shareholders’ equity 101,781 81,549
Noncontrolling interests 1,368 1,148
Total equity 103,149 82,697
Total liabilities and equity $ 1,115,862 $ 895,429