BlackRock Inc
For the period ended Sep 30, 2024. Filed Nov 6, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 6, 2024
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Changes in Equity
For the Nine Months Ended September 30, 2024
| (in millions) | AdditionalPaid-inCapital(1) | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | TreasuryStockCommon | TotalBlackRockStockholders’Equity | NonredeemableNoncontrollingInterests | TotalPermanentEquity | RedeemableNoncontrollingInterests /TemporaryEquity |
|---|---|---|---|---|---|---|---|---|
| December 31, 2023 | $19,835 | $32,343 | $(840) | $(11,991) | $39,347 | $153 | $39,500 | $1,740 |
| Net income | — | 4,699 | — | — | 4,699 | (16) | 4,683 | 168 |
| Dividends declared ($15.30 per share) | — | (2,310) | — | — | (2,310) | — | (2,310) | — |
| Stock-based compensation | 511 | — | — | — | 511 | — | 511 | — |
| Issuance of common shares related to employee stock transactions | (439) | — | — | 706 | 267 | — | 267 | — |
| Employee tax withholdings related to employee stock transactions | — | — | — | (294) | (294) | — | (294) | — |
| Shares repurchased | — | — | — | (1,250) | (1,250) | — | (1,250) | — |
| Subscriptions (redemptions/distributions) — noncontrolling interest holders | — | — | — | — | — | 35 | 35 | 1,956 |
| Net consolidations (deconsolidations) of sponsored investment funds | — | — | — | — | — | — | — | (1,590) |
| Other comprehensive income (loss) | — | — | 208 | — | 208 | — | 208 | — |
| September 30, 2024 | $19,907 | $34,732 | $(632) | $(12,829) | $41,178 | $172 | $41,350 | $2,274 |
(1)
Amounts include $2 million of common stock at both September 30, 2024 and December 31, 2023.
For the Three Months Ended September 30, 2024
| (in millions) | AdditionalPaid-inCapital(1) | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | TreasuryStockCommon | TotalBlackRockStockholders’Equity | NonredeemableNoncontrollingInterests | TotalPermanentEquity | RedeemableNoncontrollingInterests /TemporaryEquity |
|---|---|---|---|---|---|---|---|---|
| June 30, 2024 | $19,773 | $33,858 | $(978) | $(12,551) | $40,102 | $169 | $40,271 | $1,968 |
| Net income | — | 1,631 | — | — | 1,631 | (9) | 1,622 | 69 |
| Dividends declared ($5.10 per share) | — | (757) | — | — | (757) | — | (757) | — |
| Stock-based compensation | 156 | — | — | — | 156 | — | 156 | — |
| Issuance of common shares related to employee stock transactions | (22) | — | — | 113 | 91 | — | 91 | — |
| Employee tax withholdings related to employee stock transactions | — | — | — | (16) | (16) | — | (16) | — |
| Shares repurchased | — | — | — | (375) | (375) | — | (375) | — |
| Subscriptions (redemptions/distributions) — noncontrolling interest holders | — | — | — | — | — | 12 | 12 | 1,024 |
| Net consolidations (deconsolidations) of sponsored investment funds | — | — | — | — | — | — | — | (787) |
| Other comprehensive income (loss) | — | — | 346 | — | 346 | — | 346 | — |
| September 30, 2024 | $19,907 | $34,732 | $(632) | $(12,829) | $41,178 | $172 | $41,350 | $2,274 |
(1)
Amounts include $2 million of common stock at both September 30, 2024 and June 30, 2024.
Condensed Consolidated Statements of Changes in Equity
For the Nine Months Ended September 30, 2023
| (in millions) | AdditionalPaid-inCapital(1) | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | TreasuryStockCommon | TotalBlackRockStockholders’Equity | NonredeemableNoncontrollingInterests | TotalPermanentEquity | RedeemableNoncontrollingInterests /TemporaryEquity |
|---|---|---|---|---|---|---|---|---|
| December 31, 2022 | $19,774 | $29,876 | $(1,101) | $(10,805) | $37,744 | $132 | $37,876 | $909 |
| Net income | — | 4,127 | — | — | 4,127 | 23 | 4,150 | 37 |
| Dividends declared ($15.00 per share) | — | (2,292) | — | — | (2,292) | — | (2,292) | — |
| Stock-based compensation | 469 | — | — | — | 469 | — | 469 | — |
| Issuance of common shares related to employee stock transactions | (554) | — | — | 633 | 79 | — | 79 | — |
| Employee tax withholdings related to employee stock transactions | — | — | — | (369) | (369) | — | (369) | — |
| Shares repurchased | — | — | — | (1,131) | (1,131) | — | (1,131) | — |
| Subscriptions (redemptions/distributions) — noncontrolling interest holders | — | — | — | — | — | (21) | (21) | 1,053 |
| Net consolidations (deconsolidations) of sponsored investment funds | — | — | — | — | — | 19 | 19 | (148) |
| Other comprehensive income (loss) | — | — | — | — | — | — | — | — |
| September 30, 2023 | $19,689 | $31,711 | $(1,101) | $(11,672) | $38,627 | $153 | $38,780 | $1,851 |
(1)
Amounts include $2 million of common stock at both September 30, 2023 and December 31, 2022.
For the Three Months Ended September 30, 2023
| (in millions) | AdditionalPaid-inCapital(1) | RetainedEarnings | AccumulatedOtherComprehensiveIncome (Loss) | TreasuryStockCommon | TotalBlackRockStockholders’Equity | NonredeemableNoncontrollingInterests | TotalPermanentEquity | RedeemableNoncontrollingInterests /TemporaryEquity |
|---|---|---|---|---|---|---|---|---|
| June 30, 2023 | $19,573 | $30,855 | $(880) | $(11,340) | $38,208 | $142 | $38,350 | $1,546 |
| Net income | — | 1,604 | — | — | 1,604 | 3 | 1,607 | (12) |
| Dividends declared ($5.00 per share) | — | (748) | — | — | (748) | — | (748) | — |
| Stock-based compensation | 146 | — | — | — | 146 | — | 146 | — |
| Issuance of common shares related to employee stock transactions | (30) | — | — | 62 | 32 | — | 32 | — |
| Employee tax withholdings related to employee stock transactions | — | — | — | (15) | (15) | — | (15) | — |
| Shares repurchased | — | — | — | (379) | (379) | — | (379) | — |
| Subscriptions (redemptions/distributions) — noncontrolling interest holders | — | — | — | — | — | (11) | (11) | 403 |
| Net consolidations (deconsolidations) of sponsored investment funds | — | — | — | — | — | 19 | 19 | (86) |
| Other comprehensive income (loss) | — | — | (221) | — | (221) | — | (221) | — |
| September 30, 2023 | $19,689 | $31,711 | $(1,101) | $(11,672) | $38,627 | $153 | $38,780 | $1,851 |
(1)
Amounts include $2 million of common stock at both September 30, 2023 and June 30, 2023.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.