v3.22.0.1
Credit Concentrations (Tables)
 12 Months Ended
Dec. 31, 2021
Risks and Uncertainties [Abstract]  
Credit Concentration, Government and Federal Agency Obligations
The table below presents the credit concentrations included in trading cash instruments and investments.
 
    As of December  
     
$ in millions
  
 
2021
 
      2020  
U.S. government and agency obligations
  
 
$141,191
 
      $187,009  
Percentage of total assets
  
 
9.6%
 
      16.1%  
Non-U.S.
government and agency obligations
  
 
$  51,426
 
      $  59,580  
Percentage of total assets
  
 
3.5%
 
      5.1%  
Credit Concentration, Resale Agreements and Securities Borrowed
The table below presents U.S. government and agency obligations and
non-U.S.
government and agency obligations that collateralize resale agreements and securities borrowed transactions.
 
    As of December  
     
$ in millions
  
 
2021
 
      2020  
U.S. government and agency obligations
  
 
$  86,274
 
      $60,158  
Non-U.S.
government and agency obligations
  
 
$141,588
 
      $68,001  
In the table above:
 
•  
Non-U.S.
government and agency obligations primarily consists of securities issued by the governments of the U.K., France and Japan.
 
•  
Given that the firm’s primary credit exposure on such transactions is to the counterparty to the transaction, the firm would be exposed to the collateral issuer only in the event of counterparty default.