v3.26.1
Other Liabilities (Tables)
6 Months Ended
Jun. 30, 2026
Other Liabilities Disclosure [Abstract]  
Summary of Other Liabilities by Type
The table below presents other liabilities by type.
As of
JuneDecember
$ in millions20262025
Compensation and benefits$8,572 $10,231 
Income tax-related liabilities4,523 4,223 
Operating lease liabilities2,064 2,170 
Noncontrolling interests984 446 
Accrued expenses and other 11,583 10,431 
Total$27,726 $27,501 
Information About Operating Lease Liabilities
The table below presents information about operating lease liabilities.
$ in millionsOperating
 lease liabilities
As of June 2026
Remainder of 2026$191 
2027372 
2028325 
2029281 
2030228 
2031 - thereafter1,283 
Total undiscounted lease payments2,680 
Imputed interest(616)
Total operating lease liabilities$2,064 
Weighted average remaining lease term11 years
Weighted average discount rate4.32%
As of December 2025
2026$381 
2027348 
2028307 
2029269 
2030201 
2031 - thereafter1,326 
Total undiscounted lease payments2,832 
Imputed interest(662)
Total operating lease liabilities$2,170 
Weighted average remaining lease term11 years
Weighted average discount rate4.34%
In the table above, the weighted average discount rate represents the firm’s incremental borrowing rate as of the date of adoption of ASU No. 2016-02, “Leases (Topic 842),” for operating leases existing on the date of adoption and as of the lease inception date for leases entered into subsequent to the adoption of this ASU.