v3.26.1
Consolidated Sponsored Investment Products - Consolidated VIEs And VREs Recorded in Consolidated Statements of Financial Condition (Detail) - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [1] $ 9,841 $ 11,468
Investments:    
Trading securities [2] 3,304 2,789
Equity securities at FVTNI [2] 2,612 2,282
Total investments [1] 14,574 13,271
Other assets [1] 9,132 5,700
Other liabilities [1] (10,390) (6,823)
Noncontrolling interests - CIPs (217) (227)
Consolidated Variable Interest Entities [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 238 428
Investments:    
Trading securities 2,366 2,350
Equity securities at FVTNI 1,813 1,537
Other investments 1,325 946
Carried interest 3,620 3,654
Total investments 9,124 8,487
Other assets 132 76
Other liabilities [4] (3,929) (4,052)
Noncontrolling interests - CIPs (3,419) (2,521)
BlackRock's net interests in CIPs 2,146 2,418
Consolidated Voting Rights Entities [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 175 33
Investments:    
Trading securities 905 432
Equity securities at FVTNI 334 144
Other investments 39 68
Carried interest 0 0
Total investments 1,278 644
Other assets 132 111
Other liabilities [4] (412) (60)
Noncontrolling interests - CIPs (319) (236)
BlackRock's net interests in CIPs 854 492
Consolidated Sponsored Investment Products [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 413 461
Investments:    
Trading securities 3,271 2,782
Equity securities at FVTNI 2,147 1,681
Other investments 1,364 1,014
Carried interest 3,620 3,654
Total investments 10,402 9,131
Other assets 264 187
Other liabilities [4] (4,341) (4,112)
Noncontrolling interests - CIPs (3,738) (2,757)
BlackRock's net interests in CIPs $ 3,000 $ 2,910
[1] At March 31, 2026, cash and cash equivalents, investments, other assets and other liabilities include $238 million, $9.1 billion, $132 million and $3.9 billion, respectively, related to consolidated variable interest entities (“VIEs”). At December 31, 2025, cash and cash equivalents, investments, other assets and other liabilities include $428 million, $8.5 billion, $76 million and $4.1 billion, respectively, related to consolidated VIEs.
[2] Amounts include investments held to economically hedge the impact of market valuation changes on certain deferred cash compensation plans. Amounts related to deferred cash compensation plans included within debt securities comprised $26 million as of March 31, 2026, and amounts included within equity securities held at fair value recorded through net income ("FVTNI") comprised $29 million and $37 million at March 31, 2026 and December 31, 2025, respectively.
[3] The Company generally cannot readily access cash and cash equivalents held by CIPs to use in its operating activities.
[4] At both March 31, 2026 and December 31, 2025, other liabilities of VIEs primarily include deferred carried interest liabilities.