v3.26.1
Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Property and equipment, accumulated depreciation $ 1,852 $ 1,692
Intangible assets, accumulated amortization $ 1,989 $ 1,482
Common stock, par value $ 0.01 $ 0.01
Common stock, shares authorized 500,000,000 500,000,000
Common stock, shares issued 156,276,289 156,276,289
Common stock, shares outstanding 154,996,807 155,069,171
Treasury stock, common shares 1,279,482 1,207,118
Cash and cash equivalents [1] $ 10,492 $ 11,468
Investments [1] 15,144 13,271
Other assets [1] 7,488 5,700
Other liabilities [1] 8,024 6,823
Consolidated Variable Interest Entities [Member]    
Cash and cash equivalents [2] 180 428
Investments 9,464 8,487
Other assets 42 76
Other liabilities [3] $ 3,698 $ 4,052
[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.