v3.26.1
Other Assets (Tables)
 3 Months Ended
Mar. 31, 2026
Other Assets [Abstract]  
Other Assets
The table below presents other assets by type.
 
As of
MarchDecember
$ in millions20262025
Property, leasehold improvements and equipment$7,534 $7,474 
Goodwill6,590 5,949 
Identifiable intangible assets932 842 
Operating lease right-of-use assets1,970 2,050 
Income tax-related assets11,142 11,332 
Miscellaneous receivables and other 8,539 8,565 
Total$36,707 $36,212 
The table below presents information about investments (included in miscellaneous receivables and other within other assets in the consolidated balance sheets) in qualified affordable housing and renewable energy projects that met the criteria of the proportional amortization method of accounting.
 As of
MarchDecember
$ in millions20262025
Carrying value of investments
$4,060 $4,123 
The table below presents information about the amortization and income tax credits and other income tax benefits related to investments in qualified affordable housing and renewable energy projects that met the criteria of the proportional amortization method of accounting.
 Three Months
Ended March
$ in millions20262025
Amortization$101 $131 
Tax credits and other benefits
$130 $168 
Carrying Value of Goodwill
The table below presents the carrying value of goodwill by reporting unit.
 
As of
MarchDecember
$ in millions20262025
Global Banking & Markets:
Investment banking
$267 $267 
FICC
269 269 
Equities
2,647 2,647 
Asset & Wealth Management:
Asset management2,098 1,457 
Wealth management1,309 1,309 
Total$6,590 $5,949 
Schedule of Identifiable Intangible Assets
The table below presents information about identifiable intangible assets.
 
As of
MarchDecember
$ in millions20262025
Gross carrying value
$2,422 $2,320 
Accumulated amortization
(1,490)(1,478)
Net carrying value
$932 $842 
In the table above:
•The firm acquired approximately $130 million of identifiable intangible assets related to the Industry Ventures' acquisition (with a weighted average amortization period of 8 years) during the three months ended March 2026, substantially all of which consisted of customer lists. During 2025, the amount of identifiable intangible assets acquired by the firm was not material.
Amortization of Identifiable Intangible Assets
The tables below present information about the amortization of identifiable intangible assets.
 Three Months
Ended March
$ in millions20262025
Amortization$23 $21 
Estimated Future Amortization
As of
$ in millionsMarch 2026
Estimated future amortization 
Remainder of 2026$69 
2027$92 
2028$92 
2029$92 
2030$92 
2031$92