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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 699 $ 415 $ 459
Adjustments to reconcile net income to net cash provided by (used in) operating activities:      
Deferred income taxes 27 15 18
Depreciation and amortization 25 22 20
Employee stock plan compensation 51 50 41
Unrealized loss on other investments, net 1 7 10
Bad debt expense 6 146 3
Change in operating assets and liabilities:      
Cash and securities - segregated for regulatory purposes (2,708) (5,905) (1,409)
Increase (decrease) in securities borrowed 295 (264) (908)
Increase Decrease In Securities Purchased Under Agreements To Resell 84 191  
Financial instruments owned, at fair value (647) 568 468
Receivables from customers (2,365) (144) (3,458)
Other receivables (342) 413 (283)
Increase decrease in otherassets 3 13 36
Increase (decrease) in securities loaned 1,399 (305) 635
Financial instruments sold but not yet purchased, at fair value (454) 38 (585)
Payable to customers 4,647 5,288 5,476
(Decrease) increase in other payables (177) 177 (106)
Net cash provided by operating activities 544 725 417
Cash flows from investing activities:      
Purchases of other investments (17) (16) (443)
Distributions received and proceeds from sales of other investments 38 11 516
Purchase of property and equipment (27) (30) (19)
Net cash provided by (used in) investing activities (6) (35) 54
Cash flows from financing activities:      
Short-term borrowings, net 74 (34) 10
Dividends paid to stockholders (26) (25) (23)
Distributions to noncontrolling interests (219) (227) (279)
Repurchases of common stock for employee tax withholding under stock incentive plans (26) (25)  
Proceeds from sales of treasury stock 25 29  
Payments made under the Tax Receivable Agreement (17) (13) (16)
Net cash used in financing activities (189) (295) (308)
Effect of exchange rate changes on cash and cash equivalents (25) (63) (107)
Net increase in cash and cash equivalents 324 332 56
Cash and cash equivalents at beginning of period 1,601 1,269 1,213
Cash and cash equivalents at end of period 1,925 1,601 1,269
Supplemental disclosures of cash flow information:      
Cash paid for interest 77 68 73
Cash paid for taxes, net 29 31 37
Non-cash financing activities:      
Issuance of Common Stock in exchange of member interests in IBG LLC 56 132 35
Redemption of member interests from IBG Holdings LLC (56) (132) (35)
Adjustments to additional paid-in capital for changes in proportionate ownership in IBG LLC 25 26 10
Adjustments to noncontrolling interests for changes in proportionate ownership in IBG LLC (25) $ (26) $ (10)
Non-cash distribution to noncontrolling interests $ (5)