Income StatementBalance SheetCash FlowSegments
Morgan Stanley logo

Morgan Stanley Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Morgan Stanley holds $1.58T in total assets. Shareholders' equity is $114.29B against $371.57B in total debt. Cash and equivalents total $133.53B. Based on the Q1 2026 filing.

Total Assets$1.58TTotal Stockholders Equity$114.29BLong Term Debt$371.57BCash And Equivalents$133.53B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$317.08B
P/E Ratio17.51
ROE17.08%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$175.9B$201.7B$215.3B$226.4B$226.5B$31.7B
Accrued compensation$2.6B———$2.6B—
Accrued interest$3.9B$3.8B$4.2B$4.4B$4.7B$4.6B
Accrued Expenses and Other Liabilities at Fair Value$153.8B$170.0B$171.4B$162.4B$169.6B$217.4B
Time Deposit Maturities - Year One$38.0B$24.5B$30.9B$37.3B$44.4B$27.7B
Time Deposit Maturities - Year Two$18.0B$12.7B$16.0B$20.0B$23.4B$17.9B
Time Deposit Maturities - Year Three$9.4B$7.5B$10.1B$12.2B$13.7B$11.4B
Time Deposit Maturities - Year Four$6.0B$4.8B$6.7B$8.1B$9.6B$9.7B
Time Deposit Maturities - Year Five$4.1B———$8.3B—
Debt Maturity - Within One Year$17.1B$15.3B$15.9B$13.4B$13.9B$15.1B
Derivative Liabilities - Fair Value$28.9B$26.9B$32.1B$31.4B$34.1B$38.8B
Derivative Liabilities, Gross$341.8B$303.6B$357.7B$355.9B$348.1B$374.2B
Derivative Liabilities - Not Offset Policy Election Deduction$341.8B$303.6B$357.7B$355.9B$348.1B$374.2B
Deposits$376.0B$381.6B$389.4B$405.5B$415.5B$428.0B
Securities loaned$15.2B$16.6B$19.2B$15.9B$17.3B$19.6B
Repurchase Agreements - Gross$50.1B$69.3B$69.5B$61.5B$78.5B$119.8B
Repurchase Agreements - Not Subject to Master Netting————$5.4B$4.0B
Resale Agreement Collateral Obligation to Return$116.2B$117.4B$105.9B$109.3B$117.5B$127.0B
Securities Borrowed Collateral Obligation to Return$117.6B$133.4B$136.0B$125.5B$146.7B$151.6B
Obligation to Return Securities Received as Collateral$18.1B$7.6B$6.6B$6.1B$7.3B$8.2B
Securities Loaned and Repurchase Agreements - Gross$398.1B$479.6B$523.1B$517.1B$513.6B$540.3B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated Goodwill Impairment Losses$700.0M———$700.0M—
Allowance for credit losses$1.1B$1.1B$1.3B$1.2B$1.1B$1.2B
Gross loans$226.9B$233.9B$246.9B$257.1B$269.9B$277.9B
Deferred Tax Assets - Tax Credit Carryforwards$236.0M———$265.0M—
Held-to-maturity securities$61.1B$59.4B$56.7B$55.2B$53.1B$50.5B
Finite-Lived Intangible Assets - Expected Amortization Expense (Year One)$451.0M———$345.0M—
Finite Lived Intangible Assets - Gross$9.8B———$5.8B—
Goodwill$16.7B$16.7B$16.7B$16.7B$16.7B$17.1B
Goodwill and Intangible Assets, Net$1.9B———$1.8B—
Held-to-Maturity Debt Securities - Fair Value$51.2B$50.5B$48.0B$47.4B$45.6B$43.0B
Indefinite-Lived Intangible Assets$2.1B———$2.1B—
Indefinite-Lived Intangible Assets, Gross$2.1B———$2.1B—
Indefinite-Lived Research and Development Assets$2.1B———$2.1B—
Indefinite-Lived Trademarks$2.1B———$2.1B—
Net Operating Loss Carryforwards$236.0M———$265.0M—
Cash and Due from Banks$4.4B$4.5B$8.1B$5.5B$4.5B$6.0B
Private debt held-for-investment, at amortized cost, net of valuation allowance – $3 and $4$225.8B$232.8B$245.7B$255.9B$268.7B$276.7B
Intangible assets — net$6.5B———$6.0B—
Other intangible assets—net$6.5B$6.3B$6.2B$6.1B$6.0B$6.0B
Interest-Bearing Deposits in Banks and Other Financial Institutions$101.0B$86.3B$101.0B$98.2B$107.2B$127.5B
Other Assets$28.2B$27.7B$29.7B$29.5B$29.0B$28.3B
Trading assets at fair value ($283,742 and $213,269 pledged as collateral)$331.9B$400.2B$425.5B$423.8B$428.3B$526.2B
Tax Credit Carryforward Valuation Allowance$214.0M———$229.0M—
Total assets$1.2T$1.3T$1.4T$1.4T$1.4T$1.6T
Total Assets of Variable Interest Entities$15.8B$16.1B$16.0B$16.7B$15.9B$16.9B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Allowance for Credit Losses to Nonaccrual Held-for-Investment Loans104.6%101.1%104.4%94.7%98.7%114.8%
Nonperforming Loans and Leases Percentage$162.0M$173.0M$165.0M$147.0M$180.0M$174.0M
Cumulative Cost Basis-$2.0M$0.0$2.0M$2.2M$2.0M$300.0K
Derivatives Used in Net Investment Hedge, Net of Tax$18.3B———$20.9B—
Expected Pension Contributions$40.0M———$88.0M—
Gross Assets/Liabilities$37.9B$35.8B$38.1B$36.5B$42.0B$45.9B
Hedged Asset Fair Value Hedge Basis Adjustment$178.0M$178.0M$703.0M$703.0M$703.0M$703.0M
Net cumulative unrealized performance-based fees at risk of reversing$796.0M$855.0M$890.0M$924.0M$926.0M$942.0M
Adjusted average assets$1.2T$1.3T$1.3T$1.3T$1.4T$1.5T
Total ending balance$1.7B$1.9B$2.1B$2.0B$1.9B$2.0B
Tax credit investments————$1.9B$1.9B
Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries$49.9B———$60.0B—
Debt Securities, Available-for-Sale, Accumulated Gross Unrealized Loss, before Tax$3.4B$3.0B$2.9B$2.5B$2.3B$2.3B
Gross Unrealized Gains$89.0M$90.0M$71.0M$131.0M$223.0M$104.0M
Amortized cost$325.0M$325.0M$607.0M$600.0M$589.0M$576.0M
Employee stock trusts$5.1B$5.3B$5.1B$5.1B$5.2B$6.0B
Cash FDIC Insured Amount$298.4B$304.6B$313.1B$323.6B$331.3B$338.4B
Collateral already posted, aggregate fair value$16.3B$14.6B$16.8B$18.0B$20.2B$17.5B
Common stock, par value (in dollars per share)$0.01$0.01$0.01$0.01$0.01$0.01
Common stock, shares authorized (in shares)3.5B3.5B3.5B3.5B3.5B3.5B
Common stock, shares issued (in shares)2B2B2B2B2B2B
Common Stock, Shares, Outstanding1.6B1.6B1.6B1.6B1.6B1.6B
Contract with Customer, Asset, after Allowance for Credit Loss$2.6B$2.5B$2.8B$2.8B$3.0B$2.8B
Pledged assets permitted to be sold or repledged————$1.2T$1.2T
Collateral that was sold or repledged$724.2B$790.0B$876.3B$889.9B$900.3B$948.0B
Debt Instrument, Fair Value Disclosure$103.3B$112.1B$125.5B$127.3B$132.5B$137.6B
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss$102.0B$101.8B$109.7B$110.7B$112.5B$112.1B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss$3.4B$2.9B$2.8B$2.5B$2.3B$2.3B
Less than 12 months$19.3B$12.5B$26.1B$14.0B$615.0M$24.0B
12 months or more$44.1B$39.9B$45.0B$40.7B$30.2B$24.2B
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss$78.0M$39.0M$55.0M$19.0M$4.0M$71.0M
Estimated Fair Value$98.6B$98.9B$106.9B$108.3B$110.5B$109.8B
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss$3.4B$3.0B$2.9B$2.5B$2.3B$2.3B
Debt Securities, Available-for-Sale, Unrealized Loss Position$63.5B$52.4B$71.1B$54.7B$30.8B$48.2B
Debt securities, held-to-maturity, allowance for credit loss (less than)$0.0$0.0$0.0$0.0$0.0$0.0
Investment grade percentage98.0%98.0%97.0%97.0%97.0%96.0%
Deferred Tax Assets, Gross$5.6B———$5.5B—
Deferred Tax Assets, Net$2.7B———$2.2B—
Deferred Tax Assets, Net of Valuation Allowance$5.4B———$5.2B—
Compensation and benefits$2.6B———$2.6B—
Other$223.0M———$142.0M—
Temporary differences related to Texas Margin Tax$796.0M———$802.0M—
Deferred Tax Assets, Valuation Allowance$214.0M———$229.0M—
Deferred Tax Liabilities, Net$2.7B———$3.0B—
Deferred Tax Liabilities, Property, Plant and Equipment$801.0M———$1.2B—
Defined Benefit Plan, Expected Future Employer Contributions, Next Fiscal Year$40.0M———$88.0M—
Time deposits————$8.8B$8.6B
Deposits not subject to FDIC insurance$77.7B$77.0B$76.2B$81.9B$84.2B$89.5B
Derivative Asset, Subject to Master Netting Arrangement, Collateral, Obligation to Return Cash, Offset Against Derivative Asset$40.2B$38.5B$43.3B$38.6B$38.5B$42.3B
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset$259.5B$228.3B$274.8B$273.9B$258.4B$284.1B
Total derivatives not subject to netting arrangements$3.4B$2.8B$3.8B$5.1B$3.1B$3.2B
Derivative Asset Notional Amount$13.3T$17.1T$18.9T$19.5T$15.8T$22.0T
Securities Collateral Held /Pledged Under Master Netting Agreements$17.8B$16.0B$15.3B$15.0B$15.1B$18.1B
Securities Collateral Held /Pledged Under Master Netting Agreements$9.0B$8.9B$6.0B$5.1B$8.0B$7.1B
Derivative Asset, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$20.7B$20.2B$25.5B$22.4B$21.7B$26.7B
Derivative Liability, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$28.9B$26.9B$32.1B$31.4B$34.1B$38.8B
Derivative Liability$37.9B$35.8B$38.1B$36.5B$42.0B$45.9B
Derivative Liability, Subject to Master Netting Arrangement, Collateral, Right to Reclaim Cash Offset$44.3B$39.5B$44.8B$45.5B$47.7B$44.2B
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset$259.5B$228.3B$274.8B$273.9B$258.4B$284.1B
Total derivatives not subject to netting arrangements$4.3B$4.7B$6.1B$7.3B$5.3B$5.2B
Derivative Liability Notional Amount$13.8T$18.6T$19.6T$20.1T$16.6T$23.0T
Derivative, Net Liability Position, Aggregate Fair Value$22.4B$19.9B$22.5B$23.7B$26.0B$22.4B
Due From Employees, Allowance$112.0M$115.0M$120.0M$116.0M$127.0M$118.0M
Employee loans$4.3B$4.4B$4.6B$4.7B$4.9B$4.9B
Due from Employees, Net of Allowance$4.2B$4.3B$4.5B$4.6B$4.7B$4.8B
Unrecognized compensation cost related to non-vested awards$778.0M———$876.0M—
Carrying Value$6.2B$6.5B$6.7B$6.7B$6.7B$6.8B
Fair Value, Investments, Entities that Calculate Net Asset Value Per Share, Unfunded Commitments$860.0M$816.0M$875.0M$873.0M$918.0M$941.0M
Borrowings$3.2B$3.5B$3.2B$3.2B$3.7B$5.0B
Carrying amount over (under) unpaid principal outstanding, total loans————$10.7B$10.8B
Fair value, loans 90 days or more past due————$124.0M$236.0M
Performing loans, ninety days or more past due$7.7B$7.8B$8.2B$8.4B$8.1B$8.3B
Federal funds sold and securities borrowed or purchased under agreements to resell————$0.0$0.0
ACL for loans to total HFI loans0.5%0.5%0.5%0.5%0.4%0.4%
Financing Receivable, Excluding Accrued Interest, Nonaccrual$1.0B$1.1B$1.2B$1.3B$1.1B$1.0B
Floating or Adjustable Rate$182.7B$193.6B$199.1B$209.4B$218.3B$234.3B
Finite-Lived Intangible Assets, Accumulated Amortization$5.4B$5.6B$1.7B$1.8B$1.9B$2.0B
Finite Lived Intangible Assets Amortization Expense Rolling Year Three$340.0M———$337.0M—
Finite Lived Intangible Assets Amortization Expense Rolling Year Four$336.0M———$335.0M—
2027$451.0M———$345.0M—
Finite Lived Intangible Assets Amortization Expense Rolling Year Two$343.0M———$341.0M—
Finite Lived Intangible Assets Amortization Expense Rolling Year Five$333.0M———$331.0M—
Gross Carrying Amount$9.8B———$5.8B—
Goodwill accumulated impairment losses$700.0M———$700.0M—
Gross unrealized losses, unallocated basis adjustment$0.0—$2.0M$2.0M$2.0M$0.0
Gross unrealized gains, unallocated basis adjustment$2.0M$0.0——$0.0$0.0
Debt Securities, Held-to-Maturity, Accumulated Unrecognized Loss$9.9B$8.9B$8.7B$7.9B$7.6B$7.6B
Debt Securities, Held-to-maturity, Accumulated Unrecognized Gain$7.0M$35.0M$35.0M$70.0M$79.0M$60.0M
Debt Securities, Held-to-Maturity, Amortized Cost, after Allowance for Credit Loss, Maturity, Allocated and Single Maturity Date$61.1B$59.4B$56.7B$55.2B$53.1B$50.5B
Trademarks$2.1B———$2.1B—
Investment-related Liabilities$416.2B$487.2B$529.6B$523.2B$520.9B$548.5B
Investment securities: amortized cost, total$163.0B$161.2B$166.4B$165.9B$165.6B$162.6B
Investments Fair Value Disclosure$149.8B$149.4B$154.9B$155.7B$156.1B$152.8B
Year Six$482.0M—————
2028$38.0B———$39.6B—
2029$34.1B———$44.8B—
2029$26.2B———$30.9B—
2030$28.7B———$36.5B—
Thereafter$135.5B———$163.6B—
2027$21.9B———$26.2B—
After year 6$115.5B—————
Year 6$20.0B—————
Nonredeemable Noncontrolling Interest$917.0M$1.0B$1.1B$1.1B$1.0B$1.1B
Off-Balance-Sheet, Allowance for Credit Exposures$656.0M$718.0M$790.0M$784.0M$798.0M$807.0M
Other Commitment$323.8B$405.7B$414.0B$366.6B$367.1B$386.4B
Thereafter—————$14.6B
3-5 (years)$73.0B$76.7B$83.3B$88.0B$90.2B$91.0B
Other contractual commitments, Due in 2027—————$217.9B
1-3 (years)$52.5B$52.8B$55.0B$62.5B$62.7B$62.9B
Other receivables$86.2B$92.2B$98.3B$113.3B$114.7B$132.6B
Preferred Stock, Par or Stated Value Per Share$0.0———$0.0—
Preferred Stock, Shares Authorized30M30M30M30M30M30M
Total RWA$471.8B$502.6B$523.3B$539.3B$552.5B$559.1B
Savings and demand deposits$299.9B$301.9B$300.5B$307.1B$315.9B$318.8B
Security Borrowed, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$6.3B$6.9B$3.9B$3.6B$5.2B$3.0B
Securities Borrowed, Gross Including Not Subject to Master Netting Arrangement$165.6B$194.2B$205.4B$200.0B$218.8B$214.5B
Securities borrowed where an appropriate legal opinion with respect to the master netting agreement has not been either sought or obtained$2.1B$2.0B$159.0M$80.0M$38.0M$37.0M
Security Loaned, Including Not Subject to Master Netting Arrangement, after Offset and Deduction$15.0M$24.0M$53.0M$105.0M$97.0M$163.0M
Fair value of securities pledged to counterparties$15.2B$16.6B$19.1B$15.8B$17.2B$19.4B
Securities loaned and other, Gross amounts$57.0B$70.6B$84.7B$86.8B$84.2B$79.5B
Fair value of securities sold under agreement to repurchase$956.0M$986.0M$696.0M$703.0M$696.0M$699.0M
Securities Purchased Under Agreements To Resell Amount Offset Against Collateral$2.4B$1.7B$850.0M$2.5B$2.7B$1.9B
Securities purchased under resale agreements, Gross amounts$409.6B$458.8B$475.6B$480.5B$471.1B$469.8B
Securities purchased under resale agreements where an appropriate legal opinion with respect to the master netting agreement has not been either sought or obtained$2.1B$1.6B$779.0M$886.0M$1.3B$1.4B
Fair value of securities restricted in relation to customer activity$26.3B$33.2B$22.3B$22.3B$22.3B$29.3B
Securities Sold Under Agreements To Repurchase Amount Offset Against Collateral$4.5B$5.7B$5.0B$4.6B$6.1B$6.0B
Repurchase agreements, Gross amounts not offset in the balance sheet, Cash collateral pledged$45.5B$63.6B$64.5B$56.9B$72.4B$113.9B
Securities sold under repurchase agreements, Gross amounts$341.1B$409.0B$438.4B$430.3B$429.4B$460.7B
Incentive stock program, shares reserved for future grants (in shares)$109.0M———$136.0M—
Original maturities of one year or less$4.5B$8.4B$8.7B$7.6B$7.3B$8.6B
Share Repurchase Program, Authorized, Amount——$20.0B———
Thereafter—$1.4B$4.3B$6.7B—$2.2B
2026—$28.7B$20.7B$14.0B—$40.2B
Time Deposit Maturities, Year Four$6.0B$4.8B$6.7B$8.1B$9.6B$9.7B
2027$38.0B$24.5B$30.9B$37.3B$44.4B$27.7B
Time Deposit Maturities, Year Three$9.4B$7.5B$10.1B$12.2B$13.7B$11.4B
Time Deposit Maturities, Year Two$18.0B$12.7B$16.0B$20.0B$23.4B$17.9B
Time Deposits$76.1B$79.7B$88.8B$98.4B$99.6B$109.1B
After year 5$27.0M———$132.0M—
After year 6$6.0M—————
Year 1$10.2B———$9.4B—
Year 5$5.0M———$147.0M—
Year 3$5.0M———$28.0M—
Year 6$21.0M—————
Year 2$42.0M———$15.0M—
Year 4$12.0M———$0.0—
Treasury stock, shares (in shares)432.2M432.1M440.6M447.8M456.1M459.3M
Undistributed Earnings of Foreign Subsidiaries$405.0M———$490.0M—
Unrecognized tax benefits$1.3B———$1.5B—
Amount that if recognized, would affect the effective tax rate or regulatory liability$1.2B———$1.3B—
Percentage of Outstandings$0.0$0.0$0.0$0.0$0.0$0.0
Plan Assets at Fair Value86.0%—————
Supplemental Leverage Exposure$0.1$0.1$0.1$0.1$0.1$0.1
Unfunded Affordable Housing Project Commitments$613.0M$648.0M$609.0M$639.0M$707.0M$681.0M
Unfunded Commitment - Proportional Amortization Investment————$707.0M$681.0M

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Additional paid-in capital$30.2B$29.8B$30.3B$30.7B$31.2B$31.0B
Accumulated other comprehensive income (loss)-$6.8B-$6.0B-$5.9B-$6.3B-$6.3B-$5.5B
AOCI - Foreign Currency Translation Adjustment on Net Investment Hedge$2.8B———$1.8B—
Common Equity Tier 1 Capital$0.1$0.1$0.1$0.1$0.1$0.1
Common Stock Issued, Employee Stock Trust————$5.2B$6.0B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively$20.0M$20.0M$20.0M$20.0M$20.0M$20.0M
Treasury Stock, Value$33.6B$34.4B$35.5B$36.6B$38.1B$39.9B
Investments - Accumulated Gross Unrealized Gain$96.0M$125.0M$106.0M$201.0M$302.0M$164.0M
Investments - Accumulated Gross Unrealized Loss$13.3B$11.9B$11.6B$10.4B$9.8B$10.0B
Preferred Stock Carrying Value$9.8B$9.8B$9.8B$9.8B$9.8B$9.8B
Preferred Stock Par Value Per Share$0.01———$0.01—
Capital Conservation Buffer$0.2$0.2$0.2$0.2$0.2$0.2
G-SIB Surcharge$0.0$0.0$0.0$0.0$0.0$0.0
Retained earnings$105.0B$107.7B$109.6B$112.4B$115.1B$118.9B
Share-Based Payment - Unrecognized Cost of Nonvested Awards$778.0M———$876.0M—
Shares Reserved for Future Issuance Under Stock Plans109M———136M—
Tier 1 Capital————$92.7B$94.2B
Total liabilities and stockholders' equity$1.2T$1.3T$1.4T$1.4T$1.4T$1.6T
Total stockholders' equity$104.5B$106.8B$108.2B$110.0B$111.6B$114.3B
Undistributed Earnings of Foreign Subsidiaries$405.0M———$490.0M—

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)$44.1B$39.9B$45.0B$40.7B$30.2B$24.2B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$19.3B$12.5B$26.1B$14.0B$615.0M$24.0B
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value$44.1B$39.9B$45.0B$40.7B$30.2B$24.2B
AFS and Trading Securities - Unrealized Loss Position Fair Value$63.5B$52.4B$71.1B$54.7B$30.8B$48.2B
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value$19.3B$12.5B$26.1B$14.0B$615.0M$24.0B
Federal funds sold and securities purchased under resale agreements$118.6B$119.0B$106.8B$111.7B$120.2B$128.9B
Cash and cash equivalents$105.4B$90.7B$109.1B$103.7B$111.7B$133.5B
Derivative Assets - Fair Value$338.3B$303.1B$359.0B$350.0B$333.8B$371.2B
Derivative assets$38.6B$36.2B$40.8B$37.4B$36.8B$44.8B
Securities borrowed$123.9B$140.2B$140.0B$129.1B$151.9B$154.6B
Financing Receivables$239.2B$250.0B$259.3B$268.5B$279.2B$295.1B
Financing Receivables, Current————$278.1B$293.9B
Loans held for sale$12.3B$16.1B$12.3B$11.4B$9.4B$17.2B
Restricted cash$29.6B$29.9B$31.0B$30.3B$30.4B$37.7B
Trading Assets Pledged$148.9B$203.1B$219.8B$199.4B$213.3B$283.7B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Borrowings at Fair Value$13.7B$13.9B$14.1B$14.1B$12.2B$13.6B
Debt Instrument Stated Interest Rate4.1%———4.2%—
Debt Maturity - 2025$230.0M———$248.0M—
Operating Lease Liability Payments - 2026 (Lessee)$736.0M———$751.0M—
Operating Lease Liability Payments - 2029 (Lessee)$562.0M———$612.0M—
Operating Lease Liability Payments - Thereafter (Lessee)$2.4B———$2.3B—
Long-term debt$288.8B$305.4B$328.8B$331.7B$348.9B$371.6B
Long-Term Debt Fixed Interest Rate Percentage$56.5B$56.5B$60.1B$59.1B$60.9B$60.8B
Accrued expenses and other liabilities$28.2B$25.6B$27.5B$28.9B$29.6B$27.8B
Customer and other payables$175.9B$201.7B$215.3B$226.4B$226.5B$259.3B
Other Secured Financings$10.3B$11.6B$8.8B$9.5B$9.7B$10.1B
Senior unsecured notes, net$270.6B$283.0B$306.0B$310.0B$329.5B$349.4B
Total liabilities$1.1T$1.2T$1.2T$1.3T$1.3T$1.5T
Unrecognized Tax Benefits$1.3B———$1.5B—
Unrecognized Tax Benefits - Impacting Effective Tax Rate$1.2B———$1.3B—
Unrecognized Tax Benefits - Income Tax Penalties and Interest Accrued$255.0M———$364.0M—