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Loans, Lending Commitments and Related Allowance for Credit Losses (Tables)
 6 Months Ended
Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable, Gross, Allowance, and Net [Abstract]  
Schedule of Loans by Type
Loans by Type
 
At June 30, 2022
$ in millions
HFI LoansHFS Loans
Total Loans
Corporate$6,739 $6,366 $13,105 
Secured lending facilities
32,687 4,223 36,910 
Commercial real estate
8,434 2,159 10,593 
Residential real estate
50,449 5 50,454 
Securities-based lending and Other loans95,906 276 96,182 
Total loans
194,215 13,029 207,244 
ACL(762)(762)
Total loans, net$193,453 $13,029 $206,482 
Loans to non-U.S. borrowers, net$24,925 
 
At December 31, 2021
$ in millions
HFI LoansHFS Loans
Total Loans
Corporate$5,567 $8,107 $13,674 
Secured lending facilities
31,471 3,879 35,350 
Commercial real estate
7,227 1,777 9,004 
Residential real estate44,251 7 44,258 
Securities-based lending and Other loans86,440 62 86,502 
Total loans174,956 13,832 188,788 
ACL(654)(654)
Total loans, net$174,302 $13,832 $188,134 
Loans to non-U.S. borrowers, net$24,322 
Schedule of Loans by Interest Rate Type
Loans by Interest Rate Type
 At June 30, 2022At December 31, 2021
$ in millionsFixed RateFloating or Adjustable RateFixed RateFloating or Adjustable Rate
Corporate$— $13,106 $— $13,674 
Secured lending facilities— 36,910 — 35,350 
Commercial real estate342 10,252 343 8,661 
Residential real estate22,774 27,680 18,966 25,292 
Securities-based lending and Other loans24,596 71,584 22,832 63,670 
Total loans, before ACL$47,712 $159,532 $42,141 $146,647 
Schedule of Loans Held for Investment
Loans Held for Investment before Allowance by Origination Year
At June 30, 2022At December 31, 2021
Corporate
$ in millions
IGNIGTotalIGNIGTotal
Revolving
$3,020 $3,084 $6,104 $2,356 $2,328 $4,684 
2022— 80 80 
2021— 94 94 — 85 85 
202017 25 42 111 26 137 
2019— 158 158 — 176 176 
2018146 — 146 196 — 196 
Prior
114 1 115 229 60 289 
Total
$3,297 $3,442 $6,739 $2,892 $2,675 $5,567 
At June 30, 2022At December 31, 2021
Secured Lending Facilities
$ in millions
IGNIGTotalIGNIGTotal
Revolving
$8,784 $19,756 $28,540 $7,603 $20,172 $27,775 
2022209 1,230 1,439 
2021251 209 460 32 467 499 
2020— 123 123 35 160 195 
201943 689 732 43 819 862 
2018— 308 308 297 703 1,000 
Prior
143 942 1,085 144 996 1,140 
Total
$9,430 $23,257 $32,687 $8,154 $23,317 $31,471 
At June 30, 2022At December 31, 2021
Commercial Real Estate
$ in millions
IGNIGTotalIGNIGTotal
Revolving
$4 $163 $167 $3 $149 $152 
2022348 1,384 1,732 
2021279 1,629 1,908 423 1,292 1,715 
202092 790 882 91 819 910 
2019915 985 1,900 976 1,266 2,242 
2018504 308 812 527 416 943 
Prior
87 946 1,033 189 1,076 1,265 
Total
$2,229 $6,205 $8,434 $2,209 $5,018 $7,227 
At June 30, 2022
Residential Real Estate
by FICO Scores
by LTV Ratio
Total
$ in millions
≥ 740
680-739
≤ 679
≤ 80%
> 80%
Revolving$71 $26 $4 $101 $— $101 
20227,104 1,536 224 8,217 647 8,864 
202111,907 2,572 267 13,756 990 14,746 
20207,520 1,544 118 8,713 469 9,182 
20194,377 987 131 5,156 339 5,495 
20181,698 467 52 2,044 173 2,217 
Prior
7,290 2,230 324 9,039 805 9,844 
Total$39,967 $9,362 $1,120 $47,026 $3,423 $50,449 
At December 31, 2021
Residential Real Estate
by FICO Scoresby LTV RatioTotal
$ in millions≥ 740680-739≤ 679≤ 80%> 80%
Revolving$65 $27 $4 $96 $— $96 
202112,230 2,638 257 14,116 1,009 15,125 
20207,941 1,648 131 9,210 510 9,720 
20194,690 1,072 140 5,536 366 5,902 
20181,865 497 55 2,231 186 2,417 
20172,157 558 65 2,588 192 2,780 
Prior5,973 1,919 319 7,485 726 8,211 
Total$34,921 $8,359 $971 $41,262 $2,989 $44,251 
At June 30, 2022
Securities-based Lending1
Other2
$ in millions
IGNIG
Total
Revolving $79,571 $5,625 $1,082 $86,278 
20221,479 745 109 2,333 
2021725 632 92 1,449 
2020— 520 684 1,204 
201919 709 872 1,600 
2018213 269 279 761 
Prior
16 1,615 650 2,281 
Total$82,023 $10,115 $3,768 $95,906 
December 31, 2021
Securities-based Lending1
Other2
$ in millions
IGNIG
Total
Revolving$71,485 $6,170 $858 $78,513 
2021807 708 103 1,618 
2020— 651 626 1,277 
201919 1,079 633 1,731 
2018232 273 375 880 
2017— 531 217 748 
Prior
16 1,294 363 1,673 
Total$72,559 $10,706 $3,175 $86,440 
IG—Investment Grade
NIG—Non-investment Grade
1. Securities-based loans are subject to collateral maintenance provisions, and at June 30, 2022 and December 31, 2021, these loans are predominantly over-collateralized. For more information on the ACL methodology related to securities-based loans, see Note 2 to the financial statements in the 2021 Form 10-K.
2. Other loans primarily include certain loans originated in the tailored lending business within the Wealth Management business segment.
Past Due Loans Held for Investment before Allowance1
$ in millions
At June 30, 2022At December 31, 2021
Corporate$47 $— 
Residential real estate150 209 
Total$197 $209 
1.The majority of the amounts are past due for a period of less than 90 days.
Nonaccrual Loans Held for Investment before Allowance
$ in millionsAt June 30, 2022At December 31, 2021
Corporate$76 $34 
Secured lending facilities105 375 
Commercial real estate325 195 
Residential real estate121 138 
Securities-based lending and Other loans183 151 
Total1
$810 $893 
Nonaccrual loans without an ACL$122 $356 
1.Includes all loans held for investment that are 90 days or more past due as of June 30, 2022 and December 31, 2021.
Schedule of Troubled Debt Restructurings
Troubled Debt Restructurings
$ in millionsAt June 30, 2022At December 31, 2021
Loans, before ACL$28 $49 
Allowance for credit losses— 8 
Schedule of Allowance for Credit Losses Rollforward - Loans and Lending Commitments
Allowance for Credit Losses Rollforward and Allocation—Loans
$ in millionsCorporateSecured Lending Facilities
CRE
Residential Real Estate
SBL and Other
Total
December 31, 2021$165 $163 $206 $60 $60 $654 
Gross charge-offs— (3)(7)— (7)(17)
Recoveries4 — — — — 4 
Net (charge-offs) recoveries4 (3)(7)— (7)(13)
Provision (release)47 8 36 24 16 131 
Other(4)(1)(6)— 1 (10)
June 30, 2022$212 $167 $229 $84 $70 $762 
Percent of loans to total loans1
3 %17 %4 %26 %50 %100 %
$ in millions
CorporateSecured Lending Facilities
CRE
Residential Real Estate
SBL and Other
Total
December 31, 2020$309 $198 $211 $59 $58 $835 
Gross charge-offs(14)(67)(21)— — (102)
Provision (release)(95)48 5 (2)2 (42)
Other(1)(2)(1)— — (4)
June 30, 2021$199 $177 $194 $57 $60 $687 
Percent of loans to total loans1
4 %18 %5 %25 %48 %100 %
CRE—Commercial real estate
SBL—Securities-based lending
1.Percent of loans to total loans represents loans held for investment by loan type to total loans held for investment.
Allowance for Credit Losses Rollforward—Lending Commitments
$ in millionsCorporateSecured Lending Facilities
CRE
Residential Real Estate
SBL and Other
Total
December 31, 2021$356 $41 $20 $1 $26 $444 
Provision (release)24 7 (2)1 (3)27 
Other(7)— — — — (7)
June 30, 2022$373 $48 $18 $2 $23 $464 
$ in millionsCorporateSecured Lending Facilities
CRE
Residential Real Estate
SBL and Other
Total
December 31, 2020$323 $38 $11 $1 $23 $396 
Provision (release)18 1 — — (2)17 
Other(1)1 (1)— — (1)
June 30, 2021$340 $40 $10 $1 $21 $412 
Provision for Credit Losses
Three Months Ended
June 30,
$ in millions20222021
Loans$92 $16 
Lending commitments9 57 
Schedule of Selected Credit Ratios
Selected Credit Ratios
At
June 30,
2022 		At
December 31,
2021
ACL to total loans1
0.4 %0.4 %
Nonaccrual loans to total loans2
0.4 %0.5 %
ACL to nonaccrual loans3
94.1 %73.2 %
1.Allowance for credit losses for loans to total loans held for investment.
2.Nonaccrual loans held for investment, which are loans that are 90 days or more past due, to total loans held for investment.
3.Allowance for credit losses for loans to nonaccrual loans held for investment.
Schedule of Employee Loans
Employee Loans
$ in millionsAt
June 30,
2022 		At
December 31,
2021
Currently employed by the Firm1
$3,819 $3,613 
No longer employed by the Firm2
107 113 
Employee loans$3,926 $3,726 
ACL(147)(153)
Employee loans, net of ACL$3,779 $3,573 
Remaining repayment term, weighted average in years5.85.7
1.These loans are predominantly current as of June 30, 2022 and December 31, 2021.
2.These loans are predominantly past due for a period of 90 days or more as of June 30, 2022 and December 31, 2021.