10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
MORGAN STANLEY | ||
Ticker: MS Fiscal Year: 2011 | ||
Condensed Consolidated Statements Of Financial Condition | ||
Period Ending Dec 31, 2011 10-K (Filed: Feb 27, 2012) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2011 | Dec 31, 2010 | |
| Assets | ||
| Cash and due from banks ($511 and $297 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities generally not available to the Company) | $ 13,165 | 7,341 |
| Interest bearing deposits with banks | 34,147 | 40,274 |
| Cash deposited with clearing organizations or segregated under federal and other regulations or requirements | 29,454 | 19,180 |
| Financial instruments owned, at fair value (approximately $140,749 and $129,969 were pledged to various parties at December 31, 2011 and December 31, 2010, respectively): | ||
| U.S. government and agency securities | 63,449 | 48,446 |
| Other sovereign government obligations | 29,059 | 33,908 |
| Corporate and other debt ($3,007 and $3,816 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities, generally not available to the Company) | 68,923 | 88,154 |
| Corporate equities ($0 and $625 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities, generally not available to the Company) | 47,966 | 68,416 |
| Derivative and other contracts | 48,064 | 51,292 |
| Investments ($1,666 and $1,873 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities, generally not available to the Company) | 8,195 | 9,752 |
| Physical commodities | 9,697 | 6,778 |
| Total financial instruments owned, at fair value | 275,353 | 306,746 |
| Securities available for sale, at fair value | 30,495 | 29,649 |
| Securities received as collateral, at fair value | 11,651 | 16,537 |
| Federal funds sold and securities purchased under agreements to resell (includes $112 and $0 at fair value at December 31, 2011 and December 31, 2010, respectively) | 130,155 | 148,253 |
| Securities borrowed | 127,074 | 138,730 |
| Receivables: | ||
| Customers | 33,977 | 35,258 |
| Brokers, dealers and clearing organizations | 5,248 | 9,102 |
| Fees, interest and other | 9,444 | 9,790 |
| Loans (net of allowances of $17 and $82 at December 31, 2011 and December 31, 2010, respectively) | 15,369 | 10,576 |
| Other investments | 4,832 | 5,412 |
| Premises, equipment and software costs (net of accumulated depreciation of $4,852 and $4,476 at December 31, 2011 and December 31, 2010, respectively) ($234 and $321 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities, generally not available to the Company) | 6,457 | 6,154 |
| Goodwill | 6,686 | 6,739 |
| Intangible assets (net of accumulated amortization of $910 and $605 at December 31, 2011 and December 31, 2010, respectively) (includes $133 and $157 at fair value at December 31, 2011 and December 31, 2010, respectively) | 4,285 | 4,667 |
| Other assets ($446 and $118 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities, generally not available to the Company) | 12,106 | 13,290 |
| Total assets | 749,898 | 807,698 |
| Liabilities and Equity | ||
| Deposits (includes $2,101 and $3,027 at fair value at December 31, 2011 and December 31, 2010, respectively) | 65,662 | 63,812 |
| Commercial paper and other short-term borrowings (includes $1,339 and $1,799 at fair value at December 31, 2011 and December 31, 2010, respectively) | 2,843 | 3,256 |
| Financial instruments sold, not yet purchased, at fair value: | ||
| U.S. government and agency securities | 19,630 | 27,948 |
| Other sovereign government obligations | 17,141 | 22,250 |
| Corporate and other debt | 8,410 | 10,918 |
| Corporate equities | 24,497 | 19,838 |
| Derivative and other contracts | 46,453 | 47,802 |
| Physical commodities | 16 | 0 |
| Total financial instruments sold, not yet purchased, at fair value | 116,147 | 128,756 |
| Obligation to return securities received as collateral, at fair value | 15,394 | 21,163 |
| Securities sold under agreements to repurchase (includes $348 and $849 at fair value at December 31, 2011 and December 31, 2010, respectively) | 104,800 | 147,598 |
| Securities loaned | 30,462 | 29,094 |
| Other secured financings (includes $14,594 and $8,490 at fair value at December 31, 2011 and December 31, 2010, respectively) ($2,316 and $2,656 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities and are non-recourse to the Company) | 20,719 [1] | 10,453 |
| Payables: | ||
| Customers | 117,241 | 123,249 |
| Brokers, dealers and clearing organizations | 4,082 | 3,363 |
| Interest and dividends | 2,292 | 2,572 |
| Other liabilities and accrued expenses ($121 and $117 at December 31, 2011 and December 31, 2010, respectively, related to consolidated variable interest entities and are non-recourse to the Company) | 15,944 | 16,518 |
| Long-term borrowings (includes $39,663 and $42,709 at fair value at December 31, 2011 and December 31, 2010, respectively) | 184,234 [2] | 192,457 |
| Total liabilities | 679,820 | 742,291 |
| Commitments and contingent liabilities (see Note 13) | ||
| Equity | ||
| Morgan Stanley shareholders' equity: | ||
| Preferred stock | 1,508 | 9,597 |
| Common stock, $0.01 par value; Shares authorized: 3,500,000,000 at December 31, 2011 and December 31, 2010; Shares issued: 1,989,377,171 at December 31, 2011 and 1,603,913,074 at December 31, 2010; Shares outstanding: 1,926,986,130 at December 31, 2011 and 1,512,022,095 at December 31, 2010 | 20 | 16 |
| Paid-in capital | 22,836 | 13,521 |
| Retained earnings | 40,341 | 38,603 |
| Employee stock trust | 3,166 | 3,465 |
| Accumulated other comprehensive loss | (157) | (467) |
| Common stock held in treasury, at cost, $0.01 par value; 62,391,041 shares at December 31, 2011 and 91,890,979 shares at December 31, 2010 | (2,499) | (4,059) |
| Common stock issued to employee trust | (3,166) | (3,465) |
| Total Morgan Stanley shareholders' equity | 62,049 | 57,211 |
| Noncontrolling interests | 8,029 | 8,196 |
| Total equity | 70,078 | 65,407 |
| Total liabilities and equity | 749,898 | 807,698 |
| [1] Amounts include $14,594 million at fair value at December 31, 2011 and $8,490 million at fair value at December 31, 2010. | ||
| [2] Amounts include long-term borrowings issued under the Temporary Liquidity Guarantee Program (TLGP). | Amounts include an increase of approximately $6.3 billion at December 31, 2011, to the carrying amount of certain of the Companys long-term borrowings associated with fair value hedges. The increase to the carrying value associated with fair value hedges by year due was approximately less than $0.1 billion due in 2012, $0.3 billion due in 2013, $0.5 billion due in 2014, $0.8 billion due in 2015, $0.7 bil | ||
| External Links | |
| MORGAN STANLEY (MS) Fiscal Year 2011 | |
| 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 |