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: 2016 | ||
Consolidated Statements of Financial Condition | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 28, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Cash and cash equivalents | $ 6,091 | 6,083 |
| Accounts receivable | 2,350 | 2,237 |
| Investments | 1,595 | 1,578 |
| Separate account assets | 149,089 | 150,851 |
| Separate account collateral held under securities lending agreements | 27,792 | 31,336 |
| Property and equipment (net of accumulated depreciation of $601 and $570 at December 31,2016 and 2015, respectively) | 559 | 581 |
| Intangible assets (net of accumulated amortization of $832 and $745 at December 31,2016 and 2015, respectively) | 17,363 | 17,372 |
| Goodwill | 13,118 | 13,123 |
| Other assets | 1,065 | 855 |
| Total assets | 220,177 | 225,261 |
| Liabilities | ||
| Accrued compensation and benefits | 1,880 | 1,971 |
| Accounts payable and accrued liabilities | 1,094 | 1,068 |
| Liabilities of consolidated variable interest entities | 216 | 177 |
| Borrowings | 4,915 | 4,930 |
| Separate account liabilities | 149,089 | 150,851 |
| Separate account collateral liabilities under securities lending agreements | 27,792 | 31,336 |
| Deferred income tax liabilities | 4,840 | 4,851 |
| Other liabilities | 1,007 | 1,033 |
| Total liabilities | 190,833 | 196,217 |
| Commitments and contingencies (Note 13) | ||
| Temporary equity | ||
| Redeemable noncontrolling interests | 194 | 464 |
| Permanent Equity | ||
| Common stock, $ 0.01 par value; Shares authorized: 500,000,000 at December 31, 2016 and 2015; Shares issued: 171,252,185 at December 31, 2016 and 2015; Shares outstanding: 161,534,443 and 163,461,064 at December 31, 2016 and 2015, respectively; | 2 | 2 |
| Additional paid-in capital | 19,337 | 19,405 |
| Retained earnings | 13,660 | 12,033 |
| Accumulated other comprehensive loss | (716) | (448) |
| Treasury stock, common, at cost (9,717,742 and 7,791,121 shares held at December 31, 2016 and2015, respectively) | (3,185) | (2,489) |
| Total BlackRock, Inc. stockholders equity | 29,098 | 28,503 |
| Nonredeemable noncontrolling interests | 52 | 77 |
| Total permanent equity | 29,150 | 28,580 |
| Total liabilities, temporary equity and permanent equity | 220,177 | 225,261 |
| 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 | ||
| Consolidated Variable Interest Entities | ||
| Cash and cash equivalents | 84 | 148 |
| Investments | 1,008 | 1,030 |
| Other assets | 63 | 67 |
| External Links | |
| BLACKROCK INC. (BLK) Fiscal Year 2016 | |
| 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 |