XML 63 R2.htm IDEA: XBRL DOCUMENT v2.4.0.6
Consolidated Statements of Financial Condition (Unaudited) (USD $)
In Thousands, unless otherwise specified
Feb. 29, 2012
Nov. 30, 2011
ASSETS    
Cash and cash equivalents $ 2,589,193 $ 2,393,797
Cash and securities segregated and on deposit for regulatory purposes or deposited with clearing and depository organizations 3,636,531 3,344,960
Financial instruments owned, at fair value, including securities pledged of 11,614,619 and $12,452,970 at February 29, 2012 and November 30, 2011, respectively:    
Corporate equity securities 1,486,405 1,235,079
Corporate debt securities 3,087,846 2,868,304
Government, federal agency and other sovereign obligations 5,052,529 7,471,563
Mortgage- and asset-backed securities 3,423,647 3,923,303
Loans and other receivables 427,134 376,146
Derivatives 312,156 525,893
Investments, at fair value 105,719 105,585
Physical commodities 205,112 172,668
Total financial instruments owned, at fair value 14,100,548 16,678,541
Investments in managed funds 73,015 70,740
Loans to and investments in related parties 547,893 594,538
Securities borrowed 5,036,447 5,169,689
Securities purchased under agreements to resell 4,434,611 2,893,043
Securities received as collateral 984 21,862
Receivables:    
Brokers, dealers and clearing organizations 1,720,976 1,235,393
Customers 857,654 1,116,982
Fees, interest and other 206,864 163,092
Premises and equipment 173,446 175,139
Goodwill 365,508 365,574
Other assets 820,070 748,072
Total assets 34,563,740 34,971,422
LIABILITIES AND STOCKHOLDERS' EQUITY    
Short-term borrowing 100,000 52,721
Financial instruments sold, not yet purchased, at fair value:    
Corporate equity securities 1,517,197 1,330,096
Corporate debt securities 1,893,280 1,614,493
Government, federal agency and other sovereign obligations 4,279,673 3,209,713
Mortgage- and asset-backed securities 16,712 50,517
Loans 93,606 151,117
Derivatives 201,245 249,037
Total financial instruments sold, not yet purchased, at fair value 8,001,713 6,604,973
Securities loaned 1,829,111 1,706,308
Securities sold under agreements to repurchase 8,576,917 9,620,663
Obligation to return securities received as collateral 984 21,862
Payables:    
Brokers, dealers and clearing organizations 1,316,673 2,816,877
Customers 5,305,110 4,763,364
Accrued expenses and other liabilities 609,856 803,219
Long-term debt 4,746,077 4,608,926
Mandatorily redeemable convertible preferred stock 125,000 125,000
Mandatorily redeemable preferred interest of consolidated subsidiaries 332,378 310,534
Total liabilities 30,943,819 31,434,447
STOCKHOLDERS' EQUITY    
Common stock, $.0001 par value. Authorized 500,000,000 shares; issued 209,061,653 shares at February 29, 2012 and 197,197,848 shares at November 30, 2011 21 20
Additional paid-in capital 2,253,641 2,207,410
Retained earnings 1,128,120 1,067,858
Less: Treasury stock, at cost, 3,242,869 shares at February 29, 2012 and 37,842 shares at November 30, 2011 (49,106) (486)
Accumulated other comprehensive loss:    
Currency translation adjustments (34,029) (39,520)
Additional minimum pension liability (10,970) (10,970)
Total accumulated other comprehensive loss (44,999) (50,490)
Total common stockholders' equity 3,287,677 3,224,312
Noncontrolling interests 332,244 312,663
Total stockholders' equity 3,619,921 3,536,975
Total liabilities and stockholders' equity 34,563,740 34,971,422
Variable Interest Entity, Primary Beneficiary
   
ASSETS    
Cash and cash equivalents 455,673 345,959
Financial instruments owned, at fair value, including securities pledged of 11,614,619 and $12,452,970 at February 29, 2012 and November 30, 2011, respectively:    
Corporate equity securities 83,009 61,670
Corporate debt securities 255,110 326,549
Mortgage- and asset-backed securities 39,457 41,004
Loans and other receivables 274,679 281,416
Derivatives 191 569
Investments, at fair value 1,570 1,570
Total financial instruments owned, at fair value 654,016 712,778
Receivables:    
Brokers, dealers and clearing organizations 82,452 150,592
Fees, interest and other 5,849 7,396
Other assets 304 385
Total assets 1,198,294 1,217,110
Financial instruments sold, not yet purchased, at fair value:    
Corporate equity securities 7,648 7,122
Corporate debt securities 268,184 200,223
Loans 76,365 117,958
Derivatives 665 935
Total financial instruments sold, not yet purchased, at fair value 352,862 326,238
Payables:    
Brokers, dealers and clearing organizations 79,587 105,165
Accrued expenses and other liabilities 11,376 9,740
Mandatorily redeemable preferred interest of consolidated subsidiaries 332,378 310,534
Total liabilities $ 776,203 $ 751,677