Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheet

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Consolidated Balance Sheet - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and due from banks $ 25,255 $ 30,334
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks 326,471 199,869
Cash and cash equivalents 351,726 230,203
Time deposits placed and other short-term investments 7,995 7,259
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $170,332 and $146,999 measured at fair value) 309,249 267,574
Trading account assets (includes $154,684 and $115,505 pledged as collateral) 306,409 296,108
Derivative assets 47,464 48,642
Debt securities:    
Carried at fair value 175,540 229,994
Held-to-maturity, at cost (fair value $471,761 and $524,267) 603,333 632,825
Total debt securities 778,873 862,819
Loans and leases (includes $4,250 and $5,771 measured at fair value) 1,049,149 1,045,747
Allowance for loan and lease losses (13,287) (12,682)
Loans and leases, net of allowance 1,035,862 1,033,065
Premises and equipment, net 11,821 11,510
Goodwill 69,021 69,022
Loans held-for-sale (includes $1,607 and $1,115 measured at fair value) 7,591 6,871
Customer and other receivables 74,347 67,543
Other assets (includes $9,058 and $9,594 measured at fair value) 152,732 150,759
Total assets 3,153,090 3,051,375
Deposits in U.S. offices:    
Noninterest-bearing 549,333 640,745
Interest-bearing (includes $404 and $311 measured at fair value) 1,228,039 1,182,590
Deposits in non-U.S. offices:    
Noninterest-bearing 15,276 20,480
Interest-bearing 91,953 86,526
Total deposits 1,884,601 1,930,341
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $209,837 and $151,708 measured at fair value) 300,703 195,635
Trading account liabilities 102,820 80,399
Derivative liabilities 40,855 44,816
Short-term borrowings (includes $4,046 and $832 measured at fair value) 40,196 26,932
Accrued expenses and other liabilities (includes $10,011 and $9,752 measured at fair value and $1,353 and $1,540 of reserve for unfunded lending commitments) 206,492 224,073
Long-term debt (includes $39,443 and $33,070 measured at fair value) 290,359 275,982
Total liabilities 2,866,026 2,778,178
Commitments and contingencies (Note 6 – Securitizations and Other Variable Interest Entities) and (Note 10 – Commitments and Contingencies)
Shareholders’ equity    
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 4,088,099 and 4,088,101 shares 28,397 28,397
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 7,923,357,339 and 7,996,777,943 shares 56,710 58,953
Retained earnings 223,749 207,003
Accumulated other comprehensive income (loss) (21,792) (21,156)
Total shareholders’ equity 287,064 273,197
Total liabilities and shareholders’ equity 3,153,090 3,051,375
Consolidated VIEs    
Assets    
Trading account assets (includes $154,684 and $115,505 pledged as collateral) 4,654 2,816
Debt securities:    
Loans and leases (includes $4,250 and $5,771 measured at fair value) 16,902 16,738
Allowance for loan and lease losses (809) (797)
Loans and leases, net of allowance 16,093 15,941
Other assets (includes $9,058 and $9,594 measured at fair value) 222 116
Total assets 20,969 18,873
Deposits in non-U.S. offices:    
Short-term borrowings (includes $4,046 and $832 measured at fair value) 2,059 42
Long-term debt (includes $39,443 and $33,070 measured at fair value) 6,566 4,581
All other liabilities (includes $12 and $13 of non-recourse liabilities) 12 12
Total liabilities $ 8,637 $ 4,635