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: 2021 | ||
Consolidated Statements of Financial Condition | ||
Period Ending Dec 31, 2021 10-K (Filed: Feb 25, 2022) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2021 | Dec 31, 2020 | |
| Assets | ||
| Cash and cash equivalents | $ 9,323 | 8,664 |
| Accounts receivable | 3,789 | 3,535 |
| Investments | 7,262 | 6,919 |
| Separate account assets | 86,226 | 104,663 |
| Separate account collateral held under securities lending agreements | 7,081 | 16,507 |
| Property and equipment (net of accumulated depreciation of $1,256 and $1,098 at December 31, 2021 and 2020, respectively) | 762 | 681 |
| Intangible assets (net of accumulated amortization of $399 and $291 at December 31, 2021 and 2020, respectively) | 18,453 | 18,263 |
| Goodwill | 15,351 | 14,551 |
| Operating lease right-of-use assets | 1,621 | 649 |
| Other assets | 2,780 | 2,550 |
| Total assets | 152,648 | 176,982 |
| Liabilities | ||
| Accrued compensation and benefits | 2,951 | 2,499 |
| Accounts payable and accrued liabilities | 1,397 | 1,028 |
| Borrowings | 7,446 | 7,264 |
| Separate account liabilities | 86,226 | 104,663 |
| Separate account collateral liabilities under securities lending agreements | 7,081 | 16,507 |
| Deferred income tax liabilities | 2,758 | 3,673 |
| Operating lease liabilities | 1,872 | 755 |
| Other liabilities | 4,024 [1] | 2,937 |
| Total liabilities | 113,755 | 139,326 |
| Commitments and contingencies (Note 16) | ||
| Temporary equity | ||
| Redeemable noncontrolling interests | 1,087 | 2,322 |
| Permanent equity | ||
| Common stock, $0.01 par value; Shares authorized: 500,000,000 at December 31, 2021 and 2020; Shares issued: 172,075,373 at December 31, 2021 and 2020; Shares outstanding: 151,684,491 and 152,532,885 at December 31, 2021 and 2020, respectively | 2 | 2 |
| Additional paid-in capital | 19,640 | 19,293 |
| Retained earnings | 27,688 | 24,334 |
| Accumulated other comprehensive loss | (550) | (337) |
| Treasury stock, common, at cost (20,390,882 and 19,542,488 shares held at December 31, 2021 and 2020, respectively) | (9,087) | (8,009) |
| Total BlackRock, Inc. stockholders equity | 37,693 | 35,283 |
| Nonredeemable noncontrolling interests | 113 | 51 |
| Total permanent equity | 37,806 | 35,334 |
| Total liabilities, temporary equity and permanent equity | 152,648 | 176,982 |
| [1] At December 31, 2021, cash and cash equivalents, investments, other assets and other liabilities include $251 million, $3,968 million, $50 million and $1,919 million, respectively, related to consolidated variable interest entities (VIEs). 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 VIEs. | ||
| External Links | |
| BLACKROCK INC. (BLK) Fiscal Year 2021 | |
| 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 |