10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BLACKROCK INC. | ||
Ticker: BLK Fiscal Year: 2014 | ||
Consolidated Statements of Financial Condition | ||
Period Ending Dec 31, 2014 10-K (Filed: Feb 27, 2015) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2014 | Dec 31, 2013 | |
| Assets | ||
| Cash and cash equivalents | $ 5,723 | 4,390 |
| Accounts receivable | 2,120 | 2,247 |
| Investments | 1,921 | 2,151 |
| Separate account assets | 161,287 | 155,113 |
| Separate account collateral held under securities lending agreements | 33,654 | 21,788 |
| Property and equipment (net of accumulated depreciation of $587 and $611 at December 31, 2014 and 2013, respectively) | 467 | 525 |
| Intangible assets (net of accumulated amortization of $1,040 and $1,057 at December 31, 2014 and 2013, respectively) | 17,344 | 17,501 |
| Goodwill | 12,961 | 12,980 |
| Other assets | 701 | 692 |
| Total assets | 239,808 | 219,873 |
| Liabilities | ||
| Accrued compensation and benefits | 1,865 | 1,747 |
| Accounts payable and accrued liabilities | 1,035 | 1,084 |
| Borrowings | 4,938 | 4,939 |
| Separate account liabilities | 161,287 | 155,113 |
| Separate account collateral liabilities under securities lending agreements | 33,654 | 21,788 |
| Deferred income tax liabilities | 4,989 | 5,085 |
| Other liabilities | 886 | 1,004 |
| Total liabilities | 212,288 | 193,203 |
| Commitments and contingencies (Note 13) | ||
| Temporary equity | ||
| Redeemable noncontrolling interests | 35 | 54 |
| Permanent Equity | ||
| Common stock, $ 0.01 par value; Shares authorized: 500,000,000 at December 31, 2014 and 2013; Shares issued: 171,252,185 at December 31, 2014 and 2013; Shares outstanding: 164,786,788 and 166,589,688 at December 31, 2014 and 2013, respectively; | 2 | 2 |
| Additional paid-in capital | 19,386 | 19,473 |
| Retained earnings | 10,164 | 8,208 |
| Accumulated other comprehensive loss | (273) | (35) |
| Treasury stock, common, at cost (6,465,397 and 4,662,497 shares held at December 31, 2014 and 2013, respectively) | (1,894) | (1,210) |
| Total BlackRock, Inc. stockholders' equity | 27,366 | 26,460 |
| Nonredeemable noncontrolling interests | 104 | 135 |
| Total permanent equity | 27,485 | 26,616 |
| Total liabilities, temporary equity and permanent equity | 239,808 | 219,873 |
| Class of Stock | ||
| Series B Nonvoting Participating Preferred Stock | ||
| Preferred stock, value | 0 | 0 |
| Series C Nonvoting Participating Preferred Stock | ||
| Preferred stock, value | 0 | 0 |
| Legal Entity | ||
| Variable Interest Entity, Primary Beneficiary, Aggregated Disclosure | ||
| Cash and cash equivalents | 278 | 161 |
| Bank loans, other investments and other assets | 3,352 | 2,325 |
| Borrowings | 3,389 | 2,369 |
| Other liabilities | 245 | 74 |
| Appropriated retained earnings | (19) | 22 |
| Nonredeemable noncontrolling interests | 15 | 21 |
| External Links | |
| BLACKROCK INC. (BLK) Fiscal Year 2014 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |