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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Cash flows from operating activities:    
Net income $ 577 $ 382
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Deferred income taxes 11 15
Depreciation and amortization 12 12
Employee stock plan compensation 29 25
Unrealized (gain) loss on other investments, net (2) (1)
Bad debt expense 3 2
Impairment loss 1 21
Change in operating assets and liabilities:    
Securities - segregated for regulatory purposes 317 1,116
Securities borrowed (631) (266)
Securities purchased under agreements to resell 1,502 (255)
Financial instruments owned, at fair value 1,068 1,464
Receivables from customers 848 (3,426)
Other receivables (312) (126)
Other assets (14) 5
Securities loaned (353) (661)
Securities sold under agreement to repurchase (1,316)  
Financial instruments sold but not yet purchased, at fair value (137) (1,171)
Payable to customers 691 4,219
Other payables (162) 231
Net cash provided by operating activities 2,132 1,586
Cash flows from investing activities:    
Purchases of other investments (21)  
Purchase of property and equipment (15) (10)
Net cash used in investing activities (36) (10)
Cash flows from financing activities:    
Short-term borrowings, net 178 (65)
Dividends paid to stockholders (14) (14)
Distributions to noncontrolling interests (250) (82)
Repurchases of common stock for employee tax withholding under stock incentive plans (45) (21)
Proceeds from sales of treasury stock 40 21
Payments made under the Tax Receivable Agreement (28)  
Net cash used in financing activities (119) (161)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (70) 61
Net increase in cash, cash equivalents, and restricted cash 1,907 1,476
Cash, cash equivalents, and restricted cash at beginning of period 8,279 7,549
Cash, cash equivalents, and restricted cash at end of period 10,186 9,025
Cash, cash equivalents, and restricted cash    
Cash, cash equivalents, and restricted cash 8,279 7,549
Supplemental disclosures of cash flow information:    
Cash paid for interest 195 77
Cash paid for taxes, net 26 17
Non-cash financing activities:    
Adjustments to additional paid-in capital for changes in proportionate ownership in IBG LLC 28 28
Adjustments to noncontrolling interests for changes in proportionate ownership in IBG LLC $ (28) $ (28)