|
Group Inc. — Condensed Statements of Financial Condition |
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| As of December | ||||||||
| in millions | 2013 | 2012 | ||||||
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Assets |
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Cash and cash equivalents |
$ 17 | $ 14 | ||||||
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Loans to and receivables from subsidiaries |
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Bank subsidiaries |
3,453 | 4,103 | ||||||
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Nonbank subsidiaries 1 |
171,566 | 174,609 | ||||||
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Investments in subsidiaries and other affiliates |
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Bank subsidiaries |
20,041 | 20,671 | ||||||
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Nonbank subsidiaries and other affiliates |
53,353 | 52,646 | ||||||
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Financial instruments owned, at fair value |
16,065 | 19,132 | ||||||
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Other assets |
7,575 | 4,782 | ||||||
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Total assets |
$272,070 | $275,957 | ||||||
|
Liabilities and shareholders’ equity |
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Payables to subsidiaries |
$ 489 | $ 657 | ||||||
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Financial instruments sold, but not yet purchased, at fair value |
421 | 301 | ||||||
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Unsecured short-term borrowings |
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With third parties 2 |
30,611 | 29,898 | ||||||
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With subsidiaries |
4,289 | 4,253 | ||||||
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Unsecured long-term borrowings |
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With third parties 3 |
153,576 | 158,761 | ||||||
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With subsidiaries 4 |
1,587 | 3,574 | ||||||
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Other liabilities and accrued expenses |
2,630 | 2,797 | ||||||
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Total liabilities |
193,603 | 200,241 | ||||||
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Commitments, contingencies and guarantees |
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Shareholders’ equity |
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Preferred stock |
7,200 | 6,200 | ||||||
|
Common stock |
8 | 8 | ||||||
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Restricted stock units and employee stock options |
3,839 | 3,298 | ||||||
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Additional paid-in capital |
48,998 | 48,030 | ||||||
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Retained earnings |
71,961 | 65,223 | ||||||
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Accumulated other comprehensive loss |
(524 | ) | (193 | ) | ||||
|
Stock held in treasury, at cost |
(53,015 | ) | (46,850 | ) | ||||
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Total shareholders’ equity |
78,467 | 75,716 | ||||||
|
Total liabilities and shareholders’ equity |
$272,070 | $275,957 | ||||||