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Borrowings and Other Secured Financings
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Borrowings and Other Secured Financings Borrowings and Other Secured Financings
Borrowings
$ in millionsAt
June 30,
2024
At
December 31,
2023
Original maturities of one year or less$5,299 $3,188 
Original maturities greater than one year
Senior$256,280 $248,174 
Subordinated13,618 12,370 
Total greater than one year$269,898 $260,544 
Total$275,197 $263,732 
Weighted average stated maturity, in years1
6.56.6
1.Only includes borrowings with original maturities greater than one year.
Other Secured Financings
$ in millionsAt
June 30,
2024
At
December 31,
2023
Original maturities:
One year or less$10,484 $5,732 
Greater than one year6,656 6,923 
Total$17,140 $12,655 
Transfers of assets accounted for as secured financings$8,568 $5,848 
Other secured financings include the liabilities related to collateralized notes, transfers of financial assets that are accounted for as financings rather than sales and consolidated VIEs where the Firm is deemed to be the primary beneficiary. These liabilities are generally payable from the cash flows of the related assets accounted for as Trading assets. See Note 14 for further information on other secured financings related to VIEs and securitization activities.
For transfers of assets that fail to meet accounting criteria for a sale, the Firm continues to record the assets and recognizes the associated liabilities in the balance sheet.