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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents [1] $ 8,736 $ 7,416
Accounts receivable 3,916 3,264
Investments [1] 9,740 7,466
Separate account assets 56,098 54,066
Separate account collateral held under securities lending agreements 4,558 5,765
Property and equipment (net of accumulated depreciation and amortization of $1,439 and $1,390 at December 31, 2023 and 2022, respectively) 1,112 1,031
Intangible assets (net of accumulated amortization of $618 and $493 at December 31, 2023 and 2022, respectively) 18,258 18,302
Goodwill 15,524 15,341
Operating lease right-of-use assets 1,421 1,516
Other assets [1] 3,848 3,461
Total assets 123,211 117,628 Close
Liabilities    
Accrued compensation and benefits 2,393 2,272
Accounts payable and accrued liabilities 1,240 1,294
Borrowings 7,918 6,654
Separate account liabilities 56,098 54,066
Separate account collateral liabilities under securities lending agreements 4,558 5,765
Deferred income tax liabilities 3,506 3,381
Operating lease liabilities 1,784 1,835
Other liabilities [1] 4,474 3,576
Total liabilities 81,971 78,843 Close
Commitments and contingencies (Note 16)
Temporary equity    
Redeemable noncontrolling interests 1,740 909 Close
Permanent equity    
Common stock, $0.01 par value; Shares authorized: 500,000,000 at December 31, 2023 and 2022; Shares issued: 172,075,373 at December 31, 2023 and 2022; Shares outstanding: 148,500,074 and 149,756,492 at December 31, 2023 and 2022, respectively 2 2
Additional paid-in capital 19,833 19,772
Retained earnings 32,343 29,876
Accumulated other comprehensive loss (840) (1,101)
Treasury stock, common, at cost (23,575,299 and 22,318,881 shares held at December 31, 2023 and 2022, respectively) (11,991) (10,805)
Total BlackRock, Inc. stockholders’ equity 39,347 37,744
Nonredeemable noncontrolling interests 153 132
Total permanent equity 39,500 37,876 Close
Total liabilities, temporary equity and permanent equity $ 123,211 $ 117,628
[1] At December 31, 2023, cash and cash equivalents, investments, other assets and other liabilities include $234 million, $5.0 billion, $83 million and $2.2 billion, respectively, related to consolidated variable interest entities (“VIEs”). At December 31, 2022, cash and cash equivalents, investments, other assets and other liabilities include $234 million, $3.9 billion, $68 million and $1.9 billion, respectively, related to consolidated VIEs.