v3.26.1
Consolidated Sponsored Investment Products - Consolidated VIEs And VREs Recorded in Consolidated Statements of Financial Condition (Detail) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [1] $ 10,492 $ 11,468
Investments:    
Trading securities [2] 3,378 2,789
Equity securities at FVTNI [2] 2,896 2,282
Total investments [1] 15,144 13,271
Other assets [1] 7,488 5,700
Other liabilities [1] (8,024) (6,823)
Noncontrolling interests - CIPs (227) (227)
Consolidated Variable Interest Entities [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 180 428
Investments:    
Trading securities 2,702 2,350
Equity securities at FVTNI 1,740 1,537
Other investments 1,482 946
Carried interest 3,540 3,654
Total investments 9,464 8,487
Other assets 42 76
Other liabilities [4] (3,698) (4,052)
Noncontrolling interests - CIPs (3,732) (2,521)
BlackRock's net interests in CIPs 2,256 2,418
Consolidated Voting Rights Entities [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 155 33
Investments:    
Trading securities 653 432
Equity securities at FVTNI 362 144
Other investments 46 68
Carried interest 0 0
Total investments 1,061 644
Other assets 13 111
Other liabilities [4] (304) (60)
Noncontrolling interests - CIPs (268) (236)
BlackRock's net interests in CIPs 657 492
Consolidated Sponsored Investment Products [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 335 461
Investments:    
Trading securities 3,355 2,782
Equity securities at FVTNI 2,102 1,681
Other investments 1,528 1,014
Carried interest 3,540 3,654
Total investments 10,525 9,131
Other assets 55 187
Other liabilities [4] (4,002) (4,112)
Noncontrolling interests - CIPs (4,000) (2,757)
BlackRock's net interests in CIPs $ 2,913 $ 2,910
[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] 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 $27 million as of June 30, 2026, and amounts included within equity securities held at fair value recorded through net income ("FVTNI") comprised $34 million and $37 million at June 30, 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 June 30, 2026 and December 31, 2025, other liabilities of VIEs primarily include deferred carried interest liabilities.