Morgan Stanley 2010 Annual Report Download - page 252

MORGAN STANLEY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
26. Parent Company.
Parent Company Only
Condensed Statements of Financial Condition
(dollars in millions, except share data)
December 31,
2010
December 31,
2009
Assets:
Cash and due from banks ............................................ $ 5,672 $ 13,262
Interest bearing deposits with banks ................................... 3,718 3,537
Financial instruments owned ......................................... 18,640 7,049
Securities purchased under agreement to resell with affiliate ................ 49,631 48,048
Advances to subsidiaries:
Bank and bank holding company .................................. 18,371 1,872
Non-bank .................................................... 141,659 157,782
Investment in subsidiaries, at equity:
Bank and bank holding company .................................. 6,129 5,206
Non-bank .................................................... 43,607 35,425
Other assets ...................................................... 7,568 8,749
Total assets ............................................... $294,995 $280,930
Liabilities and Shareholders’ Equity:
Commercial paper and other short-term borrowings ....................... $ 1,353 $ 1,151
Financial instruments sold, not yet purchased ............................ 1,323 1,588
Payables to subsidiaries ............................................. 42,816 41,275
Other liabilities and accrued expenses .................................. 8,376 3,068
Long-term borrowings .............................................. 183,916 187,160
237,784 234,242
Commitments and contingent liabilities
Shareholders’ equity:
Preferred stock .................................................... 9,597 9,597
Common stock, $0.01 par value;
Shares authorized: 3,500,000,000 in 2010 and 2009;
Shares issued: 1,603,913,074 in 2010 and 1,487,850,163 in 2009;
Shares outstanding: 1,512,022,095 in 2010 and 1,360,595,214 in 2009 .... 16 15
Paid-in capital .................................................... 13,521 8,619
Retained earnings .................................................. 38,603 35,056
Employee stock trust ............................................... 3,465 4,064
Accumulated other comprehensive loss ................................ (467) (560)
Common stock held in treasury, at cost, $0.01 par value; 91,890,979 shares in
2010 and 127,254,949 shares in 2009 ................................ (4,059) (6,039)
Common stock issued to employee trust ................................ (3,465) (4,064)
Total shareholders’ equity ................................... 57,211 46,688
Total liabilities and shareholders’ equity ........................ $294,995 $280,930
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