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Regulatory Requirements (Tables)
 12 Months Ended
Dec. 31, 2021
Regulatory Requirements  
Schedule of Regulatory Capital and Capital Ratios
Capital Buffer Requirements
At December 31, 2021 and December 31, 2020
StandardizedAdvanced
Capital buffers
Capital conservation buffer—2.5%
SCB5.7%N/A
G-SIB capital surcharge3.0%3.0%
CCyB1
0%0%
Capital buffer requirement8.7%5.5%
1.The CCyB can be set up to 2.5% but is currently set by the Federal Reserve at zero.
Risk-Based Regulatory Capital Ratio Requirements
At December 31, 2021 and December 31, 2020
Regulatory Minimum
StandardizedAdvanced
Required ratios1
Common Equity Tier 1 capital ratio4.5 %13.2%10.0%
Tier 1 capital ratio6.0 %14.7%11.5%
Total capital ratio8.0 %16.7%13.5%
1.Required ratios represent the regulatory minimum plus the capital buffer requirement.
The Firm’s Regulatory Capital and Capital Ratios
$ in millions
Required
Ratio1
At December 31, 2021At December 31, 2020
Risk-based capital
Common Equity Tier 1 capital$75,742 $78,650 
Tier 1 capital83,348 88,079 
Total capital93,166 97,213 
Total RWA2
471,921 453,106 
Common Equity Tier 1 capital ratio13.2 %16.0 %17.4 %
Tier 1 capital ratio14.7 %17.7 %19.4 %
Total capital ratio16.7 %19.7 %21.5 %
$ in millions
Required
Ratio1
At December 31, 2021At December 31, 2020
Leverage-based capital
Adjusted average assets3
$1,169,939 $1,053,510 
Tier 1 leverage ratio4.0 %7.1 %8.4 %
Supplementary leverage exposure4, 5
$1,476,962 $1,192,506 
SLR5
5.0 %5.6 %7.4 %
1.Required ratios are inclusive of any buffers applicable as of the date presented.
2.The Firm early adopted the Standardized Approach for Counterparty Credit Risk (“SA-CCR”) on December 1, 2021. SA-CCR replaced the current exposure method used to measure derivatives counterparty exposure within the Standardized Approach RWA and Supplementary Leverage Ratio exposure calculations. As a result of the adoption, as of December 31, 2021, the Firm's risk-weighted assets under the Standardized Approach increased by $25 billion, and the Firm's Standardized Common Equity Tier 1 capital ratio decreased by 90 basis points.
3.Adjusted average assets represents the denominator of the Tier 1 leverage ratio and is composed of the average daily balance of consolidated on-balance sheet assets for the quarters ending on the respective balance sheet dates, reduced by disallowed goodwill, intangible assets, investments in covered funds, defined benefit pension plan assets, after-tax gain on sale from assets sold into securitizations, investments in the Firm’s own capital instruments, certain defined tax assets and other capital deductions.
4.Supplementary leverage exposure is the sum of Adjusted average assets used in the Tier 1 leverage ratio and other adjustments, primarily: (i) for derivatives, potential future exposure and the effective notional principal amount of sold credit protection, offset by qualifying purchased credit protection; (ii) the counterparty credit risk for repo-style transactions; and (iii) the credit equivalent amount for off-balance sheet exposures.
5.The Firm’s SLR and Supplementary leverage exposure as of December 31, 2020 reflect the exclusion of U.S. Treasury securities and deposits at Federal Reserve Banks based on a Federal Reserve interim final rule that was in effect until March 31, 2021.
Schedule of Restrictions on Payments The following table represents net assets of consolidated subsidiaries that may be restricted as to the payment of cash dividends and advances to the Parent Company.
$ in millionsAt
December 31,
2021 		At
December 31,
2020
Restricted net assets$49,516 $40,502 
MSBNA  
Regulatory Requirements  
Schedule of Regulatory Capital and Capital Ratios
MSBNA’s Regulatory Capital1
Well-Capitalized
Requirement
Required
Ratio2
At December 31, 2021At December 31, 2020
$ in millions
Amount
RatioAmount Ratio
Risk-based capital
Common Equity Tier 1 capital6.5 %7.0 %$18,960 20.5 %$17,238 18.7 %
Tier 1 capital8.0 %8.5 %18,960 20.5 %17,238 18.7 %
Total capital10.0 %10.5 %19,544 21.1 %17,882 19.4 %
Leverage-based capital
Tier 1 leverage5.0 %4.0 %$185,120 10.2 %$17,238 10.1 %
SLR
6.0 %3.0 %233,358 8.1 %17,238 8.0 %
MSPBNA  
Regulatory Requirements  
Schedule of Regulatory Capital and Capital Ratios
MSPBNA’s Regulatory Capital1
Well-Capitalized
Requirement
Required
Ratio2
At December 31, 2021At December 31, 2020
$ in millions
Amount
Ratio
AmountRatio
Risk-based capital
Common Equity Tier 1 capital6.5 %7.0 %$10,293 24.3 %$8,213 21.3 %
Tier 1 capital8.0 %8.5 %10,293 24.3 %8,213 21.3 %
Total capital10.0 %10.5 %10,368 24.5 %8,287 21.5 %
Leverage-based capital
Tier 1 leverage5.0 %4.0 %$149,375 6.9 %$8,213 7.2 %
SLR
6.0 %3.0 %153,810 6.7 %8,213 6.9 %
1.MSBNA and MSPBNA early adopted SA-CCR on December 1, 2021. The adoption did not have a material impact on either of the bank's capital ratios or SLR.
2.Required ratios are inclusive of any buffers applicable as of the date presented. Failure to maintain the buffers would result in restrictions on the ability to make capital distributions, including the payment of dividends.
MS&Co.  
Regulatory Requirements  
Schedule of Broker-Dealer Regulatory Capital Requirements
Other Regulatory Capital Requirements
MS&Co. Regulatory Capital
$ in millions
At
December 31, 2021
At
December 31, 2020
Net capital$18,383 $12,869 
Excess net capital14,208 9,034