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  "notes": "Contains specific definitions for non-GAAP measures and regulatory capital ratios.",
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      "text": "1. Net Income Applicable to Morgan Stanley. 2. Tangible Common Equity ('TCE') equals common equity less goodwill and intangible assets net of allowable mortgage servicing rights. 3. Prior to January 1, 2018, the Firm estimated its pro forma fully phased-in Supplementary Leverage ratio (SLR) and pro forma fully phased-in Common Equity Tier 1 ratio based on the Firm's assessment of the Basel III final rules and other factors. 4. For purposes of determining regulatory compliance, and as reflected in the charts, the capital ratios are the lower of the Standardized or Advanced approaches. 5. At December 31, 2020, our SLR reflects the impact of a Federal Reserve interim final rule.",
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      "text": "1. Unsecured Debt includes senior unsecured debt, subordinated debt and structured notes. 2. Unsecured Debt balances represent current notional values. 3. Required ratios are inclusive of applicable buffers. 4. External TLAC consists of Common Equity Tier 1 capital and Additional Tier 1 capital. 5. Consists of TLAC-eligible LTD reduced by 50% for amounts of unpaid principal.",
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      "text": "1. Secured funding equals securities sold under agreements to repurchase, securities loaned and other secured financings. 2. Weighted average maturity only includes borrowings with original maturities greater than one year.",
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      "text": "1. The Firm's U.S. LCR calculations are based on our current understanding of the U.S. LCR. 2. Represents average daily balance for three months ended March 31, 2023. 3. Represents average daily balance for three months ended March 31, 2023. 4. Primarily composed of unencumbered Japanese, French, U.K., Italian, and Spanish government obligations.",
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      "text": "1. Includes loans held for investment net of ACL, loans held for sale and fair value loans. 2. IM Loans for years ending 2018-1Q23. 3. As of March 31, 2023, loans against commercial real estate properties totaled $6.6 billion. 4. Represents gross charge-offs net of recoveries. 5. Represents total nonaccrual loans. 6. Allowance for credit losses.",
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