XML 75 R44.htm IDEA: XBRL DOCUMENT v3.22.0.1
Other Assets - Equity Method Investments and Leases (Tables)
 12 Months Ended
Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Equity Method Investments
Equity Method Investments
$ in millions
At
December 31, 2021
At
December 31, 2020
Investments$2,214 $2,410 
$ in millions202120202019
Income (loss)1
$104 $— $(81)
1.Includes impairments of the Investment Management business segment’s equity method investments of $41 million in the fourth quarter of 2019 related to a third-party asset manager.
Schedule of Japanese Securities Joint Venture
Japanese Securities Joint Venture
$ in millions202120202019
Income from investment in MUMSS$168 $80 $17 
Schedule of Balance Sheet Amounts Related to Leases
Balance Sheet Amounts Related to Leases
$ in millions
At
December 31, 2021
At
December 31, 2020
Other assets—ROU assets$4,268 $4,419 
Other liabilities and accrued expenses—Lease liabilities5,157 5,327 
Weighted average:
Remaining lease term, in years
8.99.5
Discount rate
3.1 %3.2 %
Schedule of Lease Liabilities
Lease Liabilities
$ in millions
At
December 31, 2021
At
December 31, 2020
2021$841 
2022$886 793 
2023834 740 
2024711 639 
2025593 532 
2026527 467 
Thereafter2,387 2,218 
Total undiscounted cash flows5,938 6,230 
Imputed interest
(781)(903)
Amount on balance sheet$5,157 $5,327 
Committed leases not yet commenced
$480 $278 
Schedule of Lease Costs and Rent Expense
Lease Costs
$ in millions202120202019
Fixed costs$852 $762 $670 
Variable costs1
187 154 152 
Less: Sublease income(6)(5)(6)
Total lease cost, net$1,033 $911 $816 
1.Includes common area maintenance charges and other variable costs not included in the measurement of ROU assets and lease liabilities.
Schedule of Cash Flows Statement Supplemental Information
Cash Flows Statement Supplemental Information
$ in millions202120202019
Cash outflows—Lease liabilities
$879 $765 $685 
Non-cash—ROU assets recorded for new and modified leases
578 991 514