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: 2018 | ||
Consolidated Statements of Financial Condition | ||
Period Ending Dec 31, 2018 10-K (Filed: Feb 28, 2019) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2018 | Dec 31, 2017 | |
| Assets | ||
| Cash and cash equivalents | $ 6,302 | 6,894 |
| Accounts receivable | 2,657 | 2,699 |
| Investments | 1,796 | 1,981 |
| Separate account assets | 90,285 | 149,937 |
| Separate account collateral held under securities lending agreements | 20,655 | 24,190 |
| Property and equipment (net of accumulated depreciation of $750 and $658 at December 31, 2018 and 2017, respectively) | 643 | 592 |
| Intangible assets (net of accumulated amortization of $244 and $219 at December 31, 2018 and 2017, respectively) | 17,839 | 17,389 |
| Goodwill | 13,526 | 13,220 |
| Other assets | 2,128 | 1,636 |
| Total assets | 159,573 | 220,241 |
| Liabilities | ||
| Accrued compensation and benefits | 1,988 | 2,153 |
| Accounts payable and accrued liabilities | 1,292 | 1,161 |
| Borrowings | 4,979 | 5,014 |
| Separate account liabilities | 90,285 | 149,937 |
| Separate account collateral liabilities under securities lending agreements | 20,655 | 24,190 |
| Deferred income tax liabilities | 3,571 | 3,527 |
| Other liabilities | 1,889 | 1,626 |
| Total liabilities | 126,033 | 187,977 |
| Commitments and contingencies (Note 14) | ||
| Temporary equity | ||
| Redeemable noncontrolling interests | 1,107 | 416 |
| Permanent Equity | ||
| Common stock, $0.01 par value;Shares authorized: 500,000,000 at December 31, 2018 and 2017;Shares issued: 171,252,185 at December 31, 2018 and 2017;Shares outstanding: 157,553,501 and 159,977,115 at December 31, 2018 and 2017, respectively | 2 | 2 |
| Additional paid-in capital | 19,168 | 19,256 |
| Retained earnings | 19,282 | 16,939 |
| Accumulated other comprehensive loss | (691) | (432) |
| Treasury stock, common, at cost (13,698,684 and 11,275,070 shares held at December 31, 2018 and 2017, respectively) | (5,387) | (3,967) |
| Total BlackRock, Inc. stockholders equity | 32,374 | 31,798 |
| Nonredeemable noncontrolling interests | 59 | 50 |
| Total permanent equity | 32,433 | 31,848 |
| Total liabilities, temporary equity and permanent equity | 159,573 | 220,241 |
| Class of Stock | ||
| Series B Nonvoting Participating Preferred Stock | ||
| Nonvoting participating preferred stock | 0 | 0 |
| Series C Nonvoting Participating Preferred Stock | ||
| Nonvoting participating preferred stock | 0 | 0 |
| Variable Interest Entities | ||
| Consolidated Variable Interest Entities | ||
| Cash and cash equivalents | 186 | 144 |
| Investments | 2,680 | 1,493 |
| Other assets | 876 | 66 |
| Borrowings | 84 | |
| Other liabilities | 1,290 | 369 |
| Nonredeemable noncontrolling interests | 1,076 | 375 |
| External Links | |
| BLACKROCK INC. (BLK) Fiscal Year 2018 | |
| 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 |