v3.26.1
Other Liabilities (Tables)
 3 Months Ended
Mar. 31, 2026
Other Liabilities Disclosure [Abstract]  
Summary of Other Liabilities by Type
The table below presents other liabilities by type.
 
As of
MarchDecember
$ in millions20262025
Compensation and benefits$5,536 $10,231 
Income tax-related liabilities4,087 4,223 
Operating lease liabilities2,097 2,170 
Noncontrolling interests954 446 
Accrued expenses and other 10,832 10,431 
Total$23,506 $27,501 
Information About Operating Lease Liabilities
The table below presents information about operating lease liabilities.
$ in millionsOperating
 lease liabilities
As of March 2026 
Remainder of 2026$286 
2027359 
2028312 
2029271 
2030218 
2031 - thereafter1,280 
Total undiscounted lease payments2,726 
Imputed interest(629)
Total operating lease liabilities$2,097 
Weighted average remaining lease term11 years
Weighted average discount rate4.31%
As of December 2025 
2026$381 
2027348 
2028307 
2029269 
2030201 
2031 - thereafter1,326 
Total undiscounted lease payments2,832 
Imputed interest(662)
Total operating lease liabilities$2,170 
Weighted average remaining lease term11 years
Weighted average discount rate4.34%
In the table above, the weighted average discount rate represents the firm’s incremental borrowing rate as of the date of adoption of ASU No. 2016-02, “Leases (Topic 842),” for operating leases existing on the date of adoption and as of the lease inception date for leases entered into subsequent to the adoption of this ASU.