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Other Assets - Equity Method Investments
3 Months Ended
Mar. 31, 2022
Equity Method Investments and Joint Ventures [Abstract]  
Other Assets - Equity Method Investments Other Assets—Equity Method Investments
Equity Method Investments
$ in millions
At
March 31,
2022
At
December 31,
2021
Investments$2,138 $2,214 
 
Three Months Ended
March 31,
$ in millions
20222021
Income (loss)$6 $(24)
Equity method investments, other than investments in certain fund interests, are summarized above and are included in Other assets in the balance sheet with related income or loss included in Other revenues in the income statement. See “Net Asset Value Measurements—Fund Interests” in Note 4 for the carrying value of certain of the Firm’s fund interests, which are composed of general and limited partnership interests, as well as any related carried interest.
Japanese Securities Joint Venture
 
Three Months Ended
March 31,
$ in millions
20222021
Income (loss) from investment in MUMSS$4 $32 
For more information on Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. (“MUMSS”) and other relationships with Mitsubishi UFJ Financial Group, Inc., see Note 12 to the financial statements in the 2021 Form 10-K.