v3.3.1.900
Consolidated Statements of Income - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenue      
Total investment advisory, administration fees and securities lending revenue $ 9,840 $ 9,589 $ 8,739
Investment advisory performance fees 621 550 561
BlackRock Solutions and advisory 646 635 577
Distribution fees 55 70 73
Other revenue 239 237 230
Total revenue 11,401 11,081 10,180
Expense      
Employee compensation and benefits 4,005 3,829 3,560
Distribution and servicing costs 409 364 353
Amortization of deferred sales commissions 48 56 52
Direct fund expenses 767 748 657
General and administration 1,380 1,453 1,540
Amortization of intangible assets 128 157 161
Total expense 6,737 6,607 6,323
Operating income 4,664 4,474 3,857
Nonoperating income (expense)      
Net gain (loss) on investments 58 165 305
Interest and dividend income 26 29 22
Interest expense (204) (232) (211)
Total nonoperating income (expense) (62) (79) 116
Income before income taxes 4,602 4,395 3,973
Income tax expense 1,250 1,131 1,022
Net income 3,352 3,264 2,951
Net income (loss) attributable to redeemable noncontrolling interests 1 2 (1)
Net income (loss) attributable to nonredeemable noncontrolling interests 6 (32) 20
Net income attributable to BlackRock, Inc. $ 3,345 $ 3,294 $ 2,932
Earnings per share attributable to BlackRock, Inc. common stockholders:      
Basic $ 20.10 $ 19.58 $ 17.23
Diluted 19.79 19.25 16.87
Cash dividends declared and paid per share $ 8.72 $ 7.72 $ 6.72
Weighted-average common shares outstanding:      
Basic 166,390,009 168,225,154 170,185,870
Diluted 169,038,571 171,112,261 173,828,902
Consolidated Variable Interest Entities [Member]      
Nonoperating income (expense)      
Net gain (loss) on investments $ 58 $ (41)  
Related Parties [Member]      
Revenue      
Total investment advisory, administration fees and securities lending revenue 6,875 6,738 $ 5,991
Other Third Parties [Member]      
Revenue      
Total investment advisory, administration fees and securities lending revenue $ 2,965 $ 2,851 $ 2,748