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Deposits
 9 Months Ended
Sep. 30, 2025
Deposits [Abstract]  
Deposits
Deposits
The table below presents information about deposits.
 
As of
SeptemberDecember
$ in millions20252024
U.S. offices$371,744 $341,711 
Non-U.S. offices118,505 91,302 
Total$490,249 $433,013 
In the table above:
•Deposits include savings, demand and time deposits.
•All U.S. deposits were held at Goldman Sachs Bank USA (GS Bank USA). Substantially all non-U.S. deposits were held at Goldman Sachs International Bank (GSIB) and Goldman Sachs Bank Europe SE (GSBE).
•Substantially all deposits are interest-bearing.
The table below presents maturities of time deposits held in U.S. and non-U.S. offices.
 As of September 2025
$ in millionsU.S.Non-U.S.Total
Remainder of 2025$26,103 $22,367 $48,470 
202681,629 27,169 108,798 
20276,960 257 7,217 
20282,722 215 2,937 
20291,671 211 1,882 
20301,334 60 1,394 
2031 - thereafter1,626 6 1,632 
Total$122,045 $50,285 $172,330 
In the table above:
•The aggregate amount of time deposits in denominations that met or exceeded the applicable insurance limits, or were otherwise not covered by insurance, were $24.44 billion in U.S. deposits and $49.65 billion in non-U.S. deposits.
•Time deposits included $83.15 billion as of September 2025 and $44.86 billion as of December 2024 of deposits accounted for at fair value under the fair value option. See Note 10 for further information about deposits accounted for at fair value.
The firm’s savings and demand deposits are recorded based on the amount of cash received plus accrued interest, which approximates fair value. In addition, the firm designates certain derivatives as fair value hedges to convert a portion of its time deposits not accounted for at fair value from fixed-rate obligations into floating-rate obligations. The carrying value of time deposits not accounted for at fair value approximated fair value as of both September 2025 and December 2024. As these savings and demand deposits and time deposits are not accounted for at fair value, they are not included in the firm’s fair value hierarchy in Notes 4 and 5. Had these deposits been included in the firm’s fair value hierarchy, they would have been classified in level 2 as of both September 2025 and December 2024.