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Investments - Summary of Carrying Value of Total Investments (Detail) - USD ($)
$ in Millions
Dec. 31, 2025
Dec. 31, 2024
Schedule of Investments [Line Items]    
Trading securities (including $2,782 and $1,743 held by CIPs at December 31, 2025 and December 31, 2024, respectively) $ 2,789 $ 1,751
Held-to-maturity investments 507 547
Total debt securities 3,296 2,298
Equity securities at FVTNI (including $1,681 and $1,556 held by CIPs at December 31, 2025 and December 31, 2024, respectively) [1] 2,282 1,950
Total equity method investments 2,133 2,783
Loans held By CIPs 0 145
CLOs held at fair value 568 72
Total investments [2] 13,271 9,769
Other Investments [Member]    
Schedule of Investments [Line Items]    
Total investments [3] 1,195 445
Equity Method Investments [Member]    
Schedule of Investments [Line Items]    
Total equity method investments [4] 1,833 2,610
Deferred Cash Compensation Plans [Member]    
Schedule of Investments [Line Items]    
Total equity method investments [1] 300 173
Federal Reserve Bank Stock [Member]    
Schedule of Investments [Line Items]    
Total investments [5] 87 93
Consolidated Entities [Member] | Carried Interest [Member]    
Schedule of Investments [Line Items]    
Total investments [6] $ 3,710 $ 1,983
[1] Amounts include investments held to economically hedge the impact of market valuation changes on certain deferred cash compensation plans. Amounts related to deferred cash compensation plans included within equity securities held at FVTNI comprised $37 million and $12 million at December 31, 2025 and 2024, respectively.
[2] At December 31, 2025, cash and cash equivalents, investments, other assets and other liabilities include $428 million, $8.5 billion, $76 million and $4.1 billion, respectively, related to consolidated variable interest entities (“VIEs”). At December 31, 2024, cash and cash equivalents, investments, other assets and other liabilities include $125 million, $5.1 billion, $45 million and $2.1 billion, respectively, related to consolidated VIEs.
[3] Other investments include BlackRock’s investments in private equity, private credit, real asset, commodity, and digital asset investments held by CIPs, which are measured at fair value.
[4] Equity method investments include BlackRock’s direct investments in certain BlackRock sponsored investment funds.
[5] Federal Reserve Bank stock is held for regulatory purposes and is restricted from sale.
[6] Carried interest represents allocations to BlackRock’s general partner capital accounts from certain sponsored investment funds. These balances are subject to change upon cash distributions, additional allocations or reallocations back to limited partners within the respective funds.