Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheet

v3.3.1.900
Consolidated Balance Sheet - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Assets    
Cash and due from banks $ 31,265 $ 33,118
Interest-bearing deposits with the Federal Reserve, non-U.S. central banks and other banks 128,088 105,471
Cash and cash equivalents 159,353 138,589
Time deposits placed and other short-term investments 7,744 7,510
Federal funds sold and securities borrowed or purchased under agreements to resell (includes $55,143 and $62,182 measured at fair value) 192,482 191,823
Trading account assets (includes $105,135 and $110,620 pledged as collateral) 176,527 191,785
Derivative assets 49,990 52,682
Debt securities:    
Carried at fair value (includes $29,810 and $32,741 pledged as collateral) 322,380 320,695
Held-to-maturity, at cost (fair value – $84,046 and $59,641; $9,074 and $15,432 pledged as collateral) 84,625 59,766
Total debt securities 407,005 380,461
Loans and leases 903,001 881,391
Allowance for loan and lease losses (12,234) (14,419)
Loans and leases, net of allowance 890,767 866,972
Premises and equipment, net 9,485 10,049
Mortgage servicing rights (includes $3,087 and $3,530 measured at fair value) 3,087 3,530
Goodwill 69,761 69,777
Intangible assets 3,768 4,612
Loans held-for-sale (includes $4,818 and $6,801 measured at fair value) 7,453 12,836
Customer and other receivables 58,312 61,845
Other assets (includes $14,320 and $13,873 measured at fair value) 108,582 112,063
Total assets 2,144,316 2,104,534
Deposits in U.S. offices:    
Noninterest-bearing 422,237 393,102
Interest-bearing (includes $1,116 and $1,469 measured at fair value) 703,761 660,161
Deposits in non-U.S. offices:    
Noninterest-bearing 9,916 7,230
Interest-bearing 61,345 58,443
Total deposits 1,197,259 1,118,936
Federal funds purchased and securities loaned or sold under agreements to repurchase (includes $24,574 and $35,357 measured at fair value) 174,291 201,277
Trading account liabilities 66,963 74,192
Derivative liabilities 38,450 46,909
Short-term borrowings (includes $1,325 and $2,697 measured at fair value) 28,098 31,172
Accrued expenses and other liabilities (includes $13,899 and $12,055 measured at fair value and $646 and $528 of reserve for unfunded lending commitments) 146,286 145,438
Long-term debt (includes $30,097 and $36,404 measured at fair value) 236,764 243,139
Total liabilities $ 1,888,111 $ 1,861,063
Commitments and contingencies
Shareholders’ equity    
Preferred stock, $0.01 par value; authorized – 100,000,000 shares; issued and outstanding – 3,767,790 and 3,647,790 shares $ 22,273 $ 19,309
Common stock and additional paid-in capital, $0.01 par value; authorized – 12,800,000,000 shares; issued and outstanding – 10,380,265,063 and 10,516,542,476 shares 151,042 153,458
Retained earnings 88,564 75,024
Accumulated other comprehensive income (loss) (5,674) (4,320)
Total shareholders’ equity 256,205 243,471
Total liabilities and shareholders’ equity 2,144,316 2,104,534
Consolidated VIEs    
Assets    
Trading account assets (includes $105,135 and $110,620 pledged as collateral) 6,344 6,890
Debt securities:    
Loans and leases 72,946 95,187
Allowance for loan and lease losses (1,320) (1,968)
Loans and leases, net of allowance 71,626 93,219
Loans held-for-sale (includes $4,818 and $6,801 measured at fair value) 284 1,822
Other assets (includes $14,320 and $13,873 measured at fair value) 1,530 2,769
Total assets 79,784 104,700
Deposits in non-U.S. offices:    
Short-term borrowings (includes $1,325 and $2,697 measured at fair value) 681 1,032
Long-term debt (includes $30,097 and $36,404 measured at fair value) 14,073 13,307
All other liabilities (includes $20 and $84 of non-recourse liabilities) 21 138
Total liabilities $ 14,775 $ 14,477