v3.26.1
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Assets    
Cash and cash equivalents [1] $ 10,492 $ 11,468
Accounts receivable 5,444 5,158
Investments [1] 15,144 13,271
Separate account assets 65,267 60,098
Separate account collateral held under securities lending agreements 6,269 7,922
Property and equipment (net of accumulated depreciation and amortization of $1,852 and $1,692 at June 30, 2026 and December 31, 2025, respectively) 1,305 1,256
Intangible assets (net of accumulated amortization of $1,989 and $1,482 at June 30, 2026 and December 31, 2025, respectively) 27,415 27,968
Goodwill 35,203 35,283
Operating lease right-of-use assets 1,848 1,874
Other assets [1] 7,488 5,700
Total assets 175,875 169,998
Liabilities    
Accrued compensation and benefits 2,432 3,830
Accounts payable and accrued liabilities 2,012 1,740
Borrowings 12,744 12,768
Separate account liabilities 65,267 60,098
Separate account collateral liabilities under securities lending agreements 6,269 7,922
Contingent consideration liabilities 7,875 8,429
Deferred income tax liabilities 4,488 4,618
Operating lease liabilities 2,224 2,228
Other liabilities [1] 8,024 6,823
Total liabilities 111,335 108,456
Commitments and contingencies (Note 15)
Permanent equity    
Common stock, $0.01 par value;Shares authorized: 500,000,000 at June 30, 2026 and December 31, 2025; Shares issued: 156,276,289 at both June 30, 2026 and December 31, 2025, Shares outstanding: 154,996,807and 155,069,171 at June 30, 2026 and December 31, 2025, respectively 2 2
Additional paid-in capital 19,414 19,748
Retained earnings 40,205 37,899
Accumulated other comprehensive loss (653) (545)
Treasury stock, common, at cost (1,279,482 and 1,207,118 shares held at June 30, 2026 and December 31, 2025, respectively) (1,355) (1,216)
Total BlackRock, Inc. stockholders’ equity 57,613 55,888
Nonredeemable NCI - CIPs 227 227
Total permanent equity 57,840 56,115
Total liabilities, temporary equity and permanent equity 175,875 169,998
Subco [Member]    
Temporary equity    
Redeemable noncontrolling interests 2,828 2,791
Consolidated Sponsored Investment Products [Member]    
Assets    
Cash and cash equivalents [2] 335 461
Investments 10,525 9,131
Other assets 55 187
Liabilities    
Other liabilities [3] 4,002 4,112
Temporary equity    
Redeemable noncontrolling interests 3,872 2,636
Permanent equity    
Nonredeemable NCI - CIPs $ 4,000 $ 2,757
[1] At June 30, 2026, cash and cash equivalents, investments, other assets and other liabilities include $180 million, $9.5 billion, $42 million and $3.7 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] The Company generally cannot readily access cash and cash equivalents held by CIPs to use in its operating activities.
[3] At both June 30, 2026 and December 31, 2025, other liabilities of VIEs primarily include deferred carried interest liabilities.