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Parent Company (Tables)
12 Months Ended
Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]  
Schedule of Condensed Income Statements and Comprehensive Income Statements
Parent Company Only—Condensed Income Statement and Comprehensive Income Statement
$ in millions202120202019
Revenues
Dividends from bank subsidiaries$ $2,811 $3,531 
Dividends from BHC and non-bank subsidiaries
8,898 1,170 1,998 
Total dividends from subsidiaries8,898 3,981 5,529 
Trading229 (244)(54)
Other4 51 80 
Total non-interest revenues9,131 3,788 5,555 
Interest income2,648 3,666 5,121 
Interest expense2,822 3,087 4,661 
Net interest(174)579 460 
Net revenues8,957 4,367 6,015 
Non-interest expenses443 387 300 
Income before income taxes8,514 3,980 5,715 
Provision for (benefit from) income taxes(203)(109)(73)
Net income before undistributed gain of subsidiaries8,717 4,089 5,788 
Undistributed gain of subsidiaries6,317 6,907 3,254 
Net income15,034 10,996 9,042 
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments(207)102 (8)
Change in net unrealized gains (losses) on available-for-sale securities(1,542)1,580 1,137 
Pensions and other(53)146 (66)
Change in net debt valuation adjustment662 (1,002)(1,559)
Comprehensive income$13,894 $11,822 $8,546 
Net income$15,034 $10,996 $9,042 
Preferred stock dividends and other468 496 530 
Earnings applicable to Morgan Stanley common shareholders
$14,566 $10,500 $8,512 
Schedule of Condensed Balance Sheets
Parent Company Only—Condensed Balance Sheet
$ in millions, except share dataAt
December 31,
2021
At
December 31,
2020
Assets
Cash and cash equivalents$15,342 $7,102 
Trading assets at fair value5,298 6,862 
Investment securities (includes $21,246 and $20,037 at fair value; $16,573 and $24,248 were pledged to various parties)
39,707 39,225 
Securities purchased under agreement to resell to affiliates21,116 34,698 
Advances to subsidiaries:
Bank and BHC59,757 22,692 
Non-bank96,202 121,731 
Equity investments in subsidiaries:
Bank and BHC69,059 52,951 
Non-bank48,481 47,450 
Other assets1,109 454 
Total assets$356,071 $333,165 
Liabilities
Trading liabilities at fair value$1,688 $1,623 
Securities sold under agreements to repurchase from affiliates16,928 24,349 
Payables to and advances from subsidiaries
59,960 43,252 
Other liabilities and accrued expenses1,859 2,181 
Borrowings (includes $15,894 and $18,804 at fair value)
170,195 159,979 
Total liabilities250,630 231,384 
Commitments and contingent liabilities (see Note 15)
Equity
Preferred stock7,750 9,250 
Common stock, $0.01 par value:
Shares authorized: 3,500,000,000; Shares issued: 2,038,893,979; Shares outstanding: 1,772,226,530 and 1,809,624,144
20 20 
Additional paid-in capital28,841 25,546 
Retained earnings89,432 78,694 
Employee stock trusts3,955 3,043 
Accumulated other comprehensive income (loss)
(3,102)(1,962)
Common stock held in treasury at cost, $0.01 par value (266,667,449 and 229,269,835 shares)
(17,500)(9,767)
Common stock issued to employee stock
trusts
(3,955)(3,043)
Total shareholders’ equity105,441 101,781 
Total liabilities and equity$356,071 $333,165 
Schedule of Condensed Cash Flow Statements
Parent Company Only—Condensed Cash Flow Statement
$ in millions202120202019
Net cash provided by (used for) operating
activities
$4,257 $14,202 $24,175 
Cash flows from investing activities
Proceeds from (payments for):
Investment securities:
Purchases(9,297)(9,310)(22,408)
Proceeds from sales2,611 2,013 4,671 
Proceeds from paydowns and maturities5,636 5,651 3,157 
Securities purchased under agreements to resell with affiliates13,581 (24,584)15,422 
Securities sold under agreements to repurchase with affiliates(7,422)19,719 4,631 
Advances to and investments in subsidiaries(17,083)(13,832)(9,210)
Net cash provided by (used for) investing activities(11,974)(20,343)(3,737)
Cash flows from financing activities
Proceeds from:
Issuance of preferred stock, net of issuance costs1,275 — 497 
Issuance of Borrowings42,098 25,587 8,337 
Payments for:
Borrowings(28,592)(22,105)(24,282)
Repurchases of common stock and employee tax withholdings(12,075)(1,890)(5,954)
Cash dividends(4,171)(2,739)(2,627)
Net change in advances from subsidiaries17,042 7,194 4,378 
Other financing activities (498)12 
Net cash provided by (used for) financing activities15,577 5,549 (19,639)
Effect of exchange rate changes on cash and cash equivalents
380 (316)(271)
Net increase (decrease) in cash and cash equivalents8,240 (908)528 
Cash and cash equivalents, at beginning of period7,102 8,010 7,482 
Cash and cash equivalents, at end of period$15,342 $7,102 $8,010 
Cash and cash equivalents:
Cash and due from banks$100 $20 $
Deposits with bank subsidiaries15,242 7,082 8,001 
Cash and cash equivalents, at end of period$15,342 $7,102 $8,010 
Restricted cash$441 $381 $— 
Supplemental Disclosure of Cash Flow Information
Cash payments for:
Interest$2,970 $3,472 $4,677 
Income taxes, net of refunds1
2,775 1,364 1,186 
1.Represents total payments, net of refunds, made to various tax authorities and includes taxes paid on behalf of certain subsidiaries that are subsequently settled between the Parent Company and these subsidiaries. The settlements received from subsidiaries were $3.0 billion, $1.6 billion and $1.6 billion for 2021, 2020 and 2019, respectively.
Schedule of Borrowings with Original Maturities Greater than One Year
Parent Company’s Borrowings with Original Maturities Greater than One Year
$ in millionsAt
December 31,
2021
At
December 31,
2020
Senior$155,304 $148,885 
Subordinated13,591 11,094 
Total$168,895 $159,979 
Schedule of Obligations under Guarantee Arrangements
Guarantees of Debt Instruments and Warrants Issued by Subsidiaries
$ in millionsAt
December 31,
2021
At
December 31,
2020
Aggregate balance$47,129 $39,745 
Guarantees under Subsidiary Lease Obligations
$ in millionsAt
December 31,
2021
At
December 31,
2020
Aggregate balance1
$610 $865 
1.Amounts primarily relate to the U.K.