Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheet

v2.4.0.6
Consolidated Balance Sheet (USD $)
In Millions, unless otherwise specified
Dec. 31, 2011
Dec. 31, 2010
Assets    
Cash and cash equivalents $ 120,102 $ 108,427
Time deposits placed and other short-term investments 26,004 26,433
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $87,453 and $78,599 measured at fair value) 211,183 209,616
Trading account assets (includes $80,130 and $89,165 pledged as collateral) 169,319 194,671
Derivative assets (includes $58,891 and $58,297 pledged as collateral) 73,023 73,000
Debt securities:    
Available-for-sale (includes $69,021 and $99,925 pledged as collateral) 276,151 337,627
Held-to-maturity, at cost (fair value - $35,442 and $427; $24,009 pledged as collateral in 2011) 35,265 427
Total debt securities 311,416 338,054
Loans and leases (includes $8,804 and $3,321 measured at fair value and $73,463 and $91,730 pledged as collateral) 926,200 940,440
Allowance for loan and lease losses (33,783) (41,885)
Loans and leases, net of allowance 892,417 898,555
Premises and equipment, net 13,637 14,306
Mortgage servicing rights (includes $7,378 and $14,900 measured at fair value) 7,510 15,177
Goodwill 69,967 73,861
Intangible assets 8,021 9,923
Loans held-for-sale (includes $7,630 and $25,942 measured at fair value) 13,762 35,058
Customer and other receivables 66,999 85,704
Other assets (includes $37,084 and $70,531 measured at fair value) 145,686 182,124
Total assets 2,129,046 [1] 2,264,909 [1]
Deposits in U.S. offices:    
Noninterest-bearing 332,228 285,200
Interest-bearing (includes $3,297 and $2,732 measured at fair value) 624,814 645,713
Deposits in Non-U.S. offices:    
Noninterest-bearing 6,839 6,101
Interest-bearing 69,160 73,416
Total Deposits 1,033,041 1,010,430
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $34,235 and $37,424 measured at fair value) 214,864 245,359
Trading account liabilities 60,508 71,985
Derivative Liabilities 59,520 55,914
Commercial paper and other short-term borrowings (includes $6,558 and $7,178 measured at fair value) 35,698 59,962
Accrued expenses and other liabilities (includes $15,743 and $33,229 measured at fair value and $714 and $1,188 of reserve for unfunded lending commitments) 123,049 144,580
Long-term Debt 372,265 448,431
Total liabilities 1,898,945 2,036,661
Commitments and contingencies (Note 8 – Securitizations and Other Variable Interest Entities, Note 9 – Representations and Warranties Obligations and Corporate Guarantees and Note 14 – Commitments and Contingencies)      
Shareholders’ equity    
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,689,084 and 3,943,660 shares 18,397 16,562
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 10,535,937,957 and 10,085,154,806 shares 156,621 150,905
Retained earnings 60,520 60,849
Accumulated other comprehensive income (loss) (5,437) (66)
Other 0 (2)
Total shareholders’ equity 230,101 228,248
Total liabilities and shareholders’ equity 2,129,046 2,264,909
Consolidated VIEs [Member]
    
Assets    
Trading account assets (includes $80,130 and $89,165 pledged as collateral) 8,595 19,627
Derivative assets (includes $58,891 and $58,297 pledged as collateral) 1,634 2,027
Debt securities:    
Available-for-sale (includes $69,021 and $99,925 pledged as collateral) 0 2,601
Loans and leases (includes $8,804 and $3,321 measured at fair value and $73,463 and $91,730 pledged as collateral) 140,194 145,469
Allowance for loan and lease losses (5,066) (8,935)
Loans and leases, net of allowance 135,128 136,534
Loans held-for-sale (includes $7,630 and $25,942 measured at fair value) 1,635 1,953
Other assets (includes $37,084 and $70,531 measured at fair value) 4,769 7,086
Total assets 151,761 169,828
Deposits in Non-U.S. offices:    
Commercial paper and other short-term borrowings (includes $6,558 and $7,178 measured at fair value) 5,777 6,742
Long-term Debt 49,054 71,013
All other liabilities (includes $225 and $382 of non-recourse liabilities) 1,116 9,141
Total liabilities $ 55,947 $ 86,896
[1] Total assets include long-lived assets, which are primarily located in the U.S.