v3.26.1
Borrowings and Other Secured Financings
 3 Months Ended
Mar. 31, 2026
Debt Disclosure [Abstract]  
Borrowings and Other Secured Financings Borrowings and Other Secured Financings
Borrowings
$ in millionsAt
March 31,
2026 		At
December 31,
2025
Original maturities of one year or less$8,558 $7,254 
Original maturities greater than one year:
Senior$349,390 $329,502 
Subordinated13,620 12,179 
Total greater than one year$363,010 $341,681 
Total$371,568 $348,935 
Weighted average stated maturity, in years1
6.36.3
1.Only includes borrowings with original maturities greater than one year.
Other Secured Financings
$ in millionsAt
March 31,
2026 		At
December 31,
2025
Original maturities:
One year or less$15,143 $13,892 
Greater than one year7,523 7,711 
Total$22,666 $21,603 
Transfers of assets accounted for as secured financings$10,140 $9,713 
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.