Morgan Stanley 2015 Annual Report Download - page 256

MORGAN STANLEY
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
24. Subsequent Events.
The Company has evaluated subsequent events for adjustment to or disclosure in its consolidated financial statements
through the date of this report and has not identified any recordable or disclosable events, not otherwise reported in these
consolidated financial statements or the notes thereto, except for the following:
Common Stock Dividend.
On January 19, 2016, the Company announced that its Board of Directors declared a quarterly dividend per common share of
$0.15. The dividend was paid on February 15, 2016 to common shareholders of record on January 29, 2016 (see Note 15).
Long-Term Borrowings.
Subsequent to December 31, 2015 and through February 19, 2016, long-term borrowings increased by approximately $5.2
billion, net of maturities and repayments. This amount includes the issuance of $5.5 billion of senior debt on January 27,
2016 and $400 million of senior debt on February 17, 2016.
Legal Settlement.
On February 10, 2016 the Company reached agreements to settle its pending investigations with the United States
Department of Justice, Civil Division (the “Civil Division”), the New York Attorney General (“NYAG”), and the Illinois
Attorney General (“ILAG”). The Company’s agreement in principle to settle with the Department of Justice for $2,600
million was reached on February 25, 2015 and was disclosed in the 2014 Form 10-K. All amounts associated with the Civil
Division, NYAG and ILAG settlements had been previously accrued.
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