10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
SCHWAB CHARLES CORP | ||
Ticker: SCHW Fiscal Year: 2016 | ||
Consolidated Balance Sheets | ||
Period Ending Dec 31, 2016 10-K (Filed: Feb 23, 2017) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2016 | Dec 31, 2015 | |
| Assets | ||
| Cash and cash equivalents | $ 10,828 | 11,978 |
| Cash and investments segregated and on deposit for regulatory purposes (including resale agreements of $9,547 and $8,088 at December 31, 2016 and 2015, respectively) | 22,174 | 19,598 |
| Receivables from brokers, dealers, and clearing organizations | 728 | 582 |
| Receivables from brokerage clients net | 17,155 | 17,313 |
| Other securities owned at fair value | 449 | 533 |
| Available for sale securities | 77,365 | 65,646 |
| Held to maturity securities (fair value $74,444 and $50,088 at December 31, 2016 and 2015, respectively) | 75,203 | 50,007 |
| Bank loans net | 15,403 | 14,334 |
| Equipment, office facilities, and property net | 1,299 | 1,145 |
| Goodwill | 1,227 | 1,227 |
| Intangible assets net | 144 | 181 |
| Other assets | 1,408 | 1,161 |
| Total assets | 223,383 | 183,705 |
| Liabilities and Stockholders' Equity | ||
| Bank deposits | 163,454 | 129,502 |
| Payables to brokers, dealers, and clearing organizations | 2,407 | 2,588 |
| Payables to brokerage clients | 35,894 | 33,185 |
| Accrued expenses and other liabilities | 2,331 | 2,151 [1] |
| Long-term debt | 2,876 | 2,877 |
| Total liabilities | 206,962 | 170,303 |
| Stockholders' equity: | ||
| Preferred stock $.01 par value per share; aggregate liquidation preference of $2,835 and $1,485 at December 31, 2016 and 2015, respectively | 2,783 | 1,459 |
| Common stock 3 billion shares authorized; $.01 par value per share; 1,487,543,446 shares issued | 15 | 15 |
| Additional paid-in capital | 4,267 | 4,152 |
| Retained earnings | 12,649 | 11,253 |
| Treasury stock, at cost 154,793,560 and 167,205,881 shares at December 31, 2016 and 2015, respectively | (3,130) | (3,343) |
| Accumulated other comprehensive income | (163) | (134) |
| Total stockholders' equity | 16,421 | 13,402 |
| Total liabilities and stockholders' equity | 223,383 | 183,705 |
| [1] Adjusted for the retrospective adoption of ASU 2015-03. See New Accounting Standards in Note 2 for additional information. | ||
| External Links | |
| SCHWAB CHARLES CORP (SCHW) 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 |