v3.26.3
Consolidated Sponsored Investment Products - Consolidated VIEs And VREs Recorded in Consolidated Statements of Financial Condition (Detail) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [1] $ 12,877 $ 11,468
Investments:    
Trading securities [2] 3,330 2,789
Equity securities at FVTNI [2] 3,181 2,282
Total 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]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 306 428
Investments:    
Trading securities 2,310 2,350
Equity securities at FVTNI 1,968 1,537
Other investments 1,184 946
Carried interest 3,637 3,654
Total investments 9,099 8,487
Other assets 63 76
Other liabilities [4] (3,769) (4,052)
Noncontrolling interests - CIPs (3,756) (2,521)
BlackRock's net interests in CIPs 1,943 2,418
Consolidated Voting Rights Entities [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 481 33
Investments:    
Trading securities 1,020 432
Equity securities at FVTNI 232 144
Other investments 81 68
Carried interest 0 0
Total investments 1,333 644
Other assets 20 111
Other liabilities [4] (929) (60)
Noncontrolling interests - CIPs (351) (236)
BlackRock's net interests in CIPs 554 492
Consolidated Sponsored Investment Products [Member]    
Consolidated Sponsored Investment Funds [Line Items]    
Cash and cash equivalents [3] 787 461
Investments:    
Trading securities 3,330 2,782
Equity securities at FVTNI 2,200 1,681
Other investments 1,265 1,014
Carried interest 3,637 3,654
Total investments 10,432 9,131
Other assets 83 187
Other liabilities [4] (4,698) (4,112)
Noncontrolling interests - CIPs (4,107) (2,757)
BlackRock's net interests in CIPs $ 2,497 $ 2,910
[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] 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 September 30, 2026, and amounts included within equity securities held at fair value recorded through net income ("FVTNI") comprised $13 million and $37 million at September 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 September 30, 2026 and December 31, 2025, other liabilities of VIEs primarily include deferred carried interest liabilities and other liabilities held by a CIP.