Total Equity and Other Comprehensive Income

9 Months Ended

Sep. 30, 2012

Total Equity And Other Comprehensive Income [Abstract]

Total Equity And Other Comprehensive Income Disclosure [Text Block]

Note 15 Total Equity And Other Comprehensive Income

Activity in total equity for the first nine months of 2011 and 2012 follows.

Table 126: Rollforward of Total Equity

				Shareholders' Equity
									Capital				Accumulated
		Shares					Capital		Surplus -				Other
		Outstanding					Surplus -		Common				Comprehensive						Non-
		Common			Common		Preferred		Stock		Retained		Income			Treasury		controlling		Total
In millions			Stock		Stock		Stock		and Other		Earnings		(Loss)			Stock		Interests		Equity
Balance at January 1, 2011			526		$	2,682	$	647	$	12,057	$	15,859		$	(431)	$	(572)	$	2,596	$	32,838
Net income												2,580							(2)		2,578
Other comprehensive income (loss), net of tax															828						828
Cash dividends declared
	Common ($.80 per share)											(421)									(421)
	Preferred											(32)									(32)
Preferred stock discount accretion								1				(1)									0
Common stock activity (a)										6											6
Treasury stock activity (a)										(23)							37				14
Preferred stock issuance – Series O (b)								988													988
Other										14									429		443
Balance at September 30, 2011 (c)			526		$	2,682	$	1,636	$	12,054	$	17,985		$	397	$	(535)	$	3,023	$	37,242
Balance at January 1, 2012			527		$	2,683	$	1,637	$	12,072	$	18,253		$	(105)	$	(487)	$	3,193	$	37,246
Net income												2,295							(13)		2,282
Other comprehensive income (loss), net of tax															1,096						1,096
Cash dividends declared
	Common ($1.15 per share)											(608)									(608)
	Preferred											(125)									(125)
Preferred stock discount accretion								2				(2)
Common stock activity			1			6				37											43
Treasury stock activity			1							51							(31)				20
Preferred stock issuance – Series P (d)								1,482													1,482
Preferred stock issuance – Series Q (e)								438													438
Other										(11)									(61)		(72)
Balance at September 30, 2012 (c)			529		$	2,689	$	3,559	$	12,149	$	19,813		$	991	$	(518)	$	3,119	$	41,802
(a)		Common and net treasury stock activity totaled less than .5 million shares.
(b)		10,000 Series O preferred shares with a $1 par value were issued on July 20, 2011.
(c)		The par value of our preferred stock outstanding was less than $.5 million at each date and, therefore, is excluded from this presentation.
(d)		15,000 Series P preferred shares with a $1 par value were issued on April 24, 2012.
(e)		4,500 Series Q preferred shares with a $1 par value were issued on September 21, 2012.

Table 127: Other Comprehensive Income

Details of other comprehensive income (loss) are as follows (in millions):

		Pretax		Tax		After-tax
Net unrealized gains on non-OTTI securities
Balance at June 30, 2011					$	419
Third Quarter 2011 activity
Increase in net unrealized gains for non-OTTI securities	$	436	$	(149)		287
Less: net gains realized in net income		68		(26)		42
Net unrealized gains on non-OTTI securities		368		(123)		245
Balance at September 30, 2011					$	664

Balance at June 30, 2012					$	946
Third Quarter 2012 activity
Increase in net unrealized gains for non-OTTI securities	$	506	$	(184)		322
Less: net gains realized in net income		40		(14)		26
Net unrealized gains on non-OTTI securities		466		(170)		296
Balance at September 30, 2012					$	1,242
Net unrealized gains (losses) on OTTI securities
Balance at June 30, 2011					$	(520)
Third Quarter 2011 activity
Net increase in OTTI losses on debt securities	$	(156)	$	38		(118)
Less: Net OTTI losses realized in net income		(35)		14		(21)
Net unrealized gains (losses) on OTTI securities		(121)		24		(97)
Balance at September 30, 2011					$	(617)

Balance at June 30, 2012					$	(476)
Third Quarter 2012 activity
Net decrease in OTTI losses on debt securities	$	424	$	(156)		268
Less: Net OTTI losses realized in net income		(24)		8		(16)
Net unrealized gains (losses) on OTTI securities		448		(164)		284
Balance at September 30, 2012					$	(192)
Net unrealized gains (losses) on cash flow hedge derivatives
Balance at June 30, 2011					$	544
Third Quarter 2011 activity
Increase in net unrealized gains on cash flow hedge derivatives	$	423	$	(155)		268
Less: net gains realized in net income		128		(47)		81
Net unrealized gains (losses) on cash flow hedge derivatives		295		(108)		187
Balance at September 30, 2011					$	731

Balance at June 30, 2012					$	664
Third Quarter 2012 activity
Increase in net unrealized gains on cash flow hedge derivatives	$	103	$	(57)		46
Less: net gains realized in net income		126		(72)		54
Net unrealized gains (losses) on cash flow hedge derivatives		(23)		15		(8)
Balance at September 30, 2012					$	656

			Pretax		Tax		After-tax
Pension and other postretirement benefit plan adjustments
Balance at June 30, 2011						$	(373)
Third Quarter 2011 Activity		$	3				3
Balance at September 30, 2011						$	(370)

Balance at June 30, 2012						$	(700)
Third Quarter 2012 Activity		$	22	$	(8)		14
Balance at September 30, 2012						$	(686)
Other (a)
Balance at June 30, 2011						$	(1)
Third Quarter 2011 Activity
Foreign currency translation adjustments		$	(12)	$	1		(11)
BlackRock deferred tax adjustments					1		1
	Total Third Quarter 2011 activity		(12)		2		(10)
	Balance at September 30, 2011					$	(11)

Balance at June 30, 2012						$	(32)
Third Quarter 2012 Activity
Foreign currency translation adjustments		$	13	$	(5)		8
BlackRock deferred tax adjustments					(5)		(5)
	Total Third Quarter 2012 activity		13		(10)		3
Balance at September 30, 2012						$	(29)
(a)	Consists of foreign currency translation adjustments and deferred tax adjustments on BlackRock's other comprehensive income in 2012.


		Pretax		Tax		After-tax
Net unrealized gains on non-OTTI securities
Balance at December 31, 2010					$	95
2011 activity
Increase in net unrealized gains for non-OTTI securities	$	1,098	$	(388)		710
Less: net gains realized in net income		221		(80)		141
Net unrealized gains on non-OTTI securities		877		(308)		569
Balance at September 30, 2011					$	664

Balance at December 31, 2011					$	696
2012 activity
Increase in net unrealized gains for non-OTTI securities	$	1,027	$	(376)		651
Less: net gains realized in net income		165		(60)		105
Net unrealized gains on non-OTTI securities		862		(316)		546
Balance at September 30, 2012					$	1,242
Net unrealized gains (losses) on OTTI securities
Balance at December 31, 2010					$	(646)
2011 activity
Net increase in OTTI losses on debt securities	$	(76)	$	15		(61)
Less: Net losses realized on sales of securities		(34)		12		(22)
Less: Net OTTI losses realized in net income		(108)		40		(68)
Net unrealized gains (losses) on OTTI securities		66		(37)		29
Balance at September 30, 2011					$	(617)

Balance at December 31, 2011					$	(738)
2012 activity
Net decrease in OTTI losses on debt securities	$	760	$	(279)		481
Less: Net losses realized on sales of securities		(6)		2		(4)
Less: Net OTTI losses realized in net income		(96)		35		(61)
Net unrealized gains (losses) on OTTI securities		862		(316)		546
Balance at September 30, 2012					$	(192)
Net unrealized gains (losses) on cash flow hedge derivatives
Balance at December 31, 2010					$	522
2011 activity
Increase in net unrealized gains on cash flow hedge derivatives	$	703	$	(258)		445
Less: net gains realized in net income		373		(137)		236
Net unrealized gains (losses) on cash flow hedge derivatives		330		(121)		209
Balance at September 30, 2011					$	731

Balance at December 31, 2011					$	717
2012 activity
Increase in net unrealized gains on cash flow hedge derivatives	$	310	$	(133)		177
Less: net gains realized in net income		417		(179)		238
Net unrealized gains (losses) on cash flow hedge derivatives		(107)		46		(61)
Balance at September 30, 2012					$	656

			Pretax		Tax		After-tax
Pension and other postretirement benefit plan adjustments
Balance at December 31, 2010						$	(380)
2011 Activity		$	14	$	(4)		10
Balance at September 30, 2011						$	(370)

Balance at December 31, 2011						$	(755)
2012 Activity		$	109	$	(40)		69
Balance at September 30, 2012						$	(686)
Other (a)
Balance at December 31, 2010						$	(22)
2011 Activity
Foreign currency translation adjustments		$	27	$	(9)		18
BlackRock deferred tax adjustments					(7)		(7)
	Total 2011 activity		27		(16)		11
	Balance at September 30, 2011					$	(11)

Balance at December 31, 2011						$	(25)
2012 Activity
Foreign currency translation adjustments		$	(5)	$	2		(3)
BlackRock deferred tax adjustments					(1)		(1)
	Total 2012 activity		(5)		1		(4)
Balance at September 30, 2012						$	(29)
(a)	Consists of foreign currency translation adjustments and deferred tax adjustments on BlackRock's other comprehensive income in 2012.

Table 128: Accumulated Other Comprehensive Income (Loss) Components

	September 30, 2012					December 31, 2011
In millions		Pretax		After-tax		Pretax		After-tax
Net unrealized gains on non-OTTI securities		$	1,960	$	1,242	$	1,098	$	696
Net unrealized gains (losses) on OTTI securities			(304)		(192)		(1,166)		(738)
Net unrealized gains on cash flow hedge derivatives			1,024		656		1,131		717
Pension and other postretirement benefit plan adjustments			(1,082)		(686)		(1,191)		(755)
Other, net			(56)		(29)		(51)		(25)
Accumulated other comprehensive income (loss)		$	1,542	$	991	$	(179)	$	(105)