v3.26.3
Condensed Consolidated Statements of Financial Condition (Parenthetical) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Property and equipment, accumulated depreciation $ 1,929 $ 1,692
Intangible assets, accumulated amortization $ 2,235 $ 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 154,606,029 155,069,171
Treasury stock, common shares 1,670,260 1,207,118
Cash and cash equivalents [1] $ 12,877 $ 11,468
Investments [1] 15,384 13,271
Other assets [1] 7,861 5,700
Other liabilities [1] 9,075 6,823
Consolidated Variable Interest Entities [Member]    
Cash and cash equivalents [2] 306 428
Investments 9,099 8,487
Other assets 63 76
Other liabilities [3] $ 3,769 $ 4,052
[1] At September 30, 2026, cash and cash equivalents, investments, other assets and other liabilities include $306 million, $9.1 billion, $63 million and $3.8 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 September 30, 2026 and December 31, 2025, other liabilities of VIEs primarily include deferred carried interest liabilities and other liabilities held by a CIP.