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: 2020 | ||
Consolidated Statements of Financial Condition | ||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2020 | Dec 31, 2019 | |
| Assets | ||
| Cash and cash equivalents | $ 8,664 [1] | 4,829 |
| Accounts receivable | 3,535 | 3,179 |
| Investments | 6,919 | 5,489 |
| Separate account assets | 104,663 | 102,844 |
| Separate account collateral held under securities lending agreements | 16,507 | 15,466 |
| Property and equipment (net of accumulated depreciation of $1,098 and $880 at December 31, 2020 and 2019, respectively) | 681 | 715 |
| Intangible assets (net of accumulated amortization of $291 and $185 at December 31, 2020 and 2019, respectively) | 18,263 | 18,369 |
| Goodwill | 14,551 | 14,562 |
| Other assets | 3,199 | 3,169 |
| Total assets | 176,982 | 168,622 |
| Liabilities | ||
| Accrued compensation and benefits | 2,499 | 2,057 |
| Accounts payable and accrued liabilities | 1,028 | 1,167 |
| Borrowings | 7,264 | 4,955 |
| Separate account liabilities | 104,663 | 102,844 |
| Separate account collateral liabilities under securities lending agreements | 16,507 | 15,466 |
| Deferred income tax liabilities | 3,673 | 3,734 |
| Other liabilities | 3,692 | 3,470 |
| Total liabilities | 139,326 | 133,693 |
| Commitments and contingencies (Note 16) | ||
| Temporary equity | ||
| Redeemable noncontrolling interests | 2,322 | 1,316 |
| Permanent equity | ||
| Common stock, $0.01 par value; Shares authorized: 500,000,000 at December 31, 2020 and 2019; Shares issued: 172,075,373 and 171,252,185 at December 31, 2020 and 2019, respectively; Shares outstanding: 152,532,885 and 154,375,780 at December 31, 2020 and 2019, respectively | 2 | 2 |
| Additional paid-in capital | 19,293 | 19,186 |
| Retained earnings | 24,334 | 21,662 |
| Accumulated other comprehensive loss | (337) | (571) |
| Treasury stock, common, at cost (19,542,488 and 16,876,405 shares held at December 31, 2020 and 2019, respectively) | (8,009) | (6,732) |
| Total BlackRock, Inc. stockholders equity | 35,283 | 33,547 |
| Nonredeemable noncontrolling interests | 51 | 66 |
| Total permanent equity | 35,334 | 33,613 |
| Total liabilities, temporary equity and permanent equity | 176,982 | 168,622 |
| Class of Stock | ||
| Series B Nonvoting Participating Preferred Stock | ||
| Nonvoting participating preferred stock | 0 | 0 |
| [1] At December 31, 2020, cash and cash equivalents, investments, other assets and other liabilities include $155 million, $4,253 million, $90 million and $952 million, respectively, related to consolidated variable interest entities (VIEs). At December 31, 2019, cash and cash equivalents, investments, other assets and other liabilities include $131 million, $3,301 million, $68 million and $820 million, respectively, related to consolidated VIEs | ||
| External Links | |
| BLACKROCK INC. (BLK) Fiscal Year 2020 | |
| 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 |