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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents [1] $ 9,374 $ 8,736
Accounts receivable 3,961 3,916
Investments [1] 10,337 9,740
Separate account assets 55,376 56,098
Separate account collateral held under securities lending agreements 3,998 4,558
Property and equipment (net of accumulated depreciation and amortization of $1,499 and $1,439 at March 31, 2024 and December 31, 2023, respectively) 1,106 1,112
Intangible assets (net of accumulated amortization of $656 and $618 at March 31, 2024 and December 31, 2023 respectively) 18,219 18,258
Goodwill 15,522 15,524
Operating lease right-of-use assets 1,410 1,421
Other assets [1] 4,685 3,848
Total assets 123,988 123,211 CloseClose
Liabilities    
Accrued compensation and benefits 1,061 2,393
Accounts payable and accrued liabilities 1,445 1,240
Borrowings 9,860 7,918
Separate account liabilities 55,376 56,098
Separate account collateral liabilities under securities lending agreements 3,998 4,558
Deferred income tax liabilities 3,456 3,506
Operating lease liabilities 1,772 1,784
Other liabilities [1] 5,275 4,474
Total liabilities 82,243 81,971 CloseClose
Commitments and contingencies (Note 15)
Temporary equity    
Redeemable noncontrolling interests 1,850 1,740 Close
Permanent equity    
Shares authorized: 500,000,000 at March 31, 2024 and December 31, 2023; Shares issued: 172,075,373 at March 31, 2024 and December 31, 2023; Shares outstanding: 148,759,510 and 148,500,074 at March 31, 2024 and December 31, 2023, respectively 2 2
Additional paid-in capital 19,617 19,833
Retained earnings 33,121 32,343
Accumulated other comprehensive loss (933) (840)
Treasury stock, common, at cost (23,315,863 and 23,575,299 shares held at March 31, 2024 and December 31, 2023, respectively) (12,082) (11,991)
Total BlackRock, Inc. stockholders’ equity 39,725 39,347
Nonredeemable noncontrolling interests 170 153
Total permanent equity 39,895 39,500 CloseClose
Total liabilities, temporary equity and permanent equity $ 123,988 $ 123,211
[1] At March 31, 2024, cash and cash equivalents, investments, other assets and other liabilities include $277 million, $5.3 billion, $82 million, and $2.1 billion, respectively, related to consolidated variable interest entities (“VIEs”). 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 VIEs.