v3.26.1
Consolidated Statement of Changes in Total Equity (Unaudited) - USD ($)
$ in Millions
Total
Preferred stock
Common stock
Additional paid-in capital
Retained earnings
Employee stock trusts
Accumulated other comprehensive income (loss)
Common stock held in treasury at cost
Common stock issued to employee stock trusts
Noncontrolling interests
Beginning balance at Dec. 31, 2024   $ 9,750 $ 20 $ 30,179 $ 104,989 $ 5,103 $ (6,814) $ (33,613) $ (5,103) $ 917
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Share-based award activity       84   (18)   1,253 18  
Net income applicable to Morgan Stanley $ 7,854       7,854          
Preferred stock dividends (305)       (305) [1]          
Common stock dividends (2,970)       (2,970) [1]          
Other net increases (decreases)         (1)         (15)
Net change in Accumulated other comprehensive income (loss) 993           901     92
Repurchases of common stock and employee tax withholdings               (3,143)    
Net income applicable to noncontrolling interests 92                 92
Ending balance at Jun. 30, 2025 109,270   20 30,263 109,567 5,085 (5,913) (35,503) (5,085) 1,086
Beginning balance at Mar. 31, 2025   9,750 20 29,773 107,653 5,277 (5,961) (34,423) (5,277) 1,035
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Share-based award activity       490   (192)   33 192  
Net income applicable to Morgan Stanley 3,539       3,539          
Preferred stock dividends (147)       (147) [1]          
Common stock dividends (1,478)       (1,478) [1]          
Other net increases (decreases)         0         (27)
Net change in Accumulated other comprehensive income (loss) 90           48     42
Repurchases of common stock and employee tax withholdings               (1,113)    
Net income applicable to noncontrolling interests 36                 36
Ending balance at Jun. 30, 2025 109,270   20 30,263 109,567 5,085 (5,913) (35,503) (5,085) 1,086
Beginning balance at Dec. 31, 2025 112,652 9,750 20 31,153 115,091 5,154 (6,285) (38,097) (5,154) 1,020
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Share-based award activity       444   758   1,147 (758)  
Net income applicable to Morgan Stanley 11,148       11,148          
Preferred stock dividends (301)       (301) [1]          
Common stock dividends (3,164)       (3,164) [1]          
Other net increases (decreases)         0         (29)
Net change in Accumulated other comprehensive income (loss) (67)           (44)     (23)
Repurchases of common stock and employee tax withholdings               (4,533)    
Net income applicable to noncontrolling interests 143                 143
Ending balance at Jun. 30, 2026 117,440   20 31,597 122,774 5,912 (6,329) (41,483) (5,912) 1,111
Beginning balance at Mar. 31, 2026   $ 9,750 20 30,988 118,913 6,003 (5,506) (39,879) (6,003) 1,098
Increase (Decrease) in Stockholders' Equity [Roll Forward]                    
Share-based award activity       609   (91)   54 91  
Net income applicable to Morgan Stanley 5,581       5,581          
Preferred stock dividends (145)       (145) [1]          
Common stock dividends (1,575)       (1,575) [1]          
Other net increases (decreases)         0         (33)
Net change in Accumulated other comprehensive income (loss) (849)           (823)     (26)
Repurchases of common stock and employee tax withholdings               (1,658)    
Net income applicable to noncontrolling interests 72                 72
Ending balance at Jun. 30, 2026 $ 117,440   $ 20 $ 31,597 $ 122,774 $ 5,912 $ (6,329) $ (41,483) $ (5,912) $ 1,111
[1] See Note 16 for information regarding dividends per share for each class of stock.