Morgan Stanley 2010 Annual Report Download - page 126

MORGAN STANLEY
Consolidated Statements of Financial Condition
(dollars in millions, except share data)
December 31,
2010
December 31,
2009
Assets
Cash and due from banks ($297 at December 31, 2010 related to consolidated
variable interest entities generally not available to the Company) .............. $ 7,341 $ 6,988
Interest bearing deposits with banks ....................................... 40,274 25,003
Cash deposited with clearing organizations or segregated under federal and other
regulations or requirements ............................................ 19,180 23,712
Financial instruments owned, at fair value (approximately $130 billion and $101
billion were pledged to various parties at December 31, 2010 and December 31,
2009, respectively):
U.S. government and agency securities ................................. 48,446 62,215
Other sovereign government obligations ................................ 33,908 25,445
Corporate and other debt ($3,816 at December 31, 2010 related to consolidated
variable interest entities, generally not available to the Company) .......... 88,154 90,454
Corporate equities ($625 at December 31, 2010 related to consolidated variable
interest entities, generally not available to the Company) ................. 68,416 57,968
Derivative and other contracts ........................................ 51,292 49,081
Investments ($1,873 at December 31, 2010 related to consolidated variable
interest entities, generally not available to the Company) ................. 9,752 9,286
Physical commodities .............................................. 6,778 5,329
Total financial instruments owned, at fair value .............................. 306,746 299,778
Securities available for sale, at fair value ................................... 29,649 —
Securities received as collateral, at fair value ................................ 16,537 13,656
Federal funds sold and securities purchased under agreements to resell ............ 148,253 143,208
Securities borrowed .................................................... 138,730 167,501
Receivables:
Customers ....................................................... 35,258 27,594
Brokers, dealers and clearing organizations ............................. 9,102 5,719
Fees, interest and other ............................................. 9,790 11,164
Loans (net of allowances of $82 at December 31, 2010 and $158 at
December 31, 2009) .................................................. 10,576 7,259
Other investments ..................................................... 5,412 3,752
Premises, equipment and software costs (net of accumulated depreciation of $4,476
and $3,734 at December 31, 2010 and December 31, 2009, respectively) ($321 at
December 31, 2010 related to consolidated variable entities, generally not
available to the Company) ............................................. 6,154 7,067
Goodwill ............................................................ 6,739 7,162
Intangible assets (net of accumulated amortization of $605 and $275 at
December 31, 2010 and December 31, 2009, respectively) (includes $157 and
$137 at fair value at December 31, 2010 and December 31, 2009, respectively) . . . 4,667 5,054
Other assets .......................................................... 13,290 16,845
Total assets ........................................................... $807,698 $771,462
See Notes to Consolidated Financial Statements.
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