Full text of MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED's X-17A-5 filed 2023-02-24 (period 2022-12-31). Broker-dealer annual report from SEC EDGAR — readable, searchable, and available as markdown for AI agents.
{0}------------------------------------------------ # **Merrill Lynch, Pierce, Fenner & Smith Incorporated and Subsidiaries** **(SEC ID No. 8-07221)** **Consolidated Balance Sheet** # **December 31, 2022** Filed pursuant to Rule 17a-5(e)(3) under the Securities Exchange Act of 1934 as a Public Document {1}------------------------------------------------ | Report of Independent Registered Public Accounting Firm | Page(s) | |---------------------------------------------------------|---------| | Consolidated Balance Sheet 1-2 | | | Notes to Consolidated Balance Sheet 3–18 | | {2}------------------------------------------------  {3}------------------------------------------------ *(dollars in millions)* | ASSETS | | |----------------------------------------------------------------------------------------|--------------| | Cash and cash equivalents | \lt;br>2,878 | | Cash segregated for regulatory purposes<br>or<br>deposited with clearing organizations | 722 | | Securities financing transactions | | | Receivables under resale agreements | 18,082 | | Receivables under securities borrowed transactions | 170 | | Total securities financing transactions | 18,252 | | Trading assets, at fair value | | | Equities | 201 | | Other | 16 | | Total trading assets, at fair value | 217 | | Other receivables | | | Customers | 6,604 | | Brokers and dealers | 294 | | Interest and other, including loans due from affiliates | 1,714 | | Total other receivables | 8,612 | | Right-of-use lease assets | 1,096 | | Equipment and facilities, net | 217 | | Goodwill and intangible assets | 1,813 | | Other assets | 107 | | Total Assets | \lt;br>33,914 | {4}------------------------------------------------ | LIABILITIES | | |---------------------------------------------------------------------------------------------------------------------------------|--------------| | Securities financing transactions | | | Payables under securities loaned transactions | \lt;br>2,073 | | Trading liabilities, at fair value (includes \$200 measured at fair value in accordance<br>with the fair value option election) | | | Equities | 197 | | Other | 3 | | Total trading liabilities, at fair value | 200 | | Other payables | | | Customers | 14,942 | | Brokers and dealers | 390 | | Compensation and benefits | 829 | | Interest and other | 2,642 | | Loans due to affiliates | 2,083 | | Lease liabilities | 1,155 | | Total other payables | 22,041 | | Contingencies and guarantees (See Note 10) | |…Read the full text as markdown