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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Cash flows from operating activities:    
Net income $ 324 $ 319
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Deferred income taxes 9 4
Depreciation and amortization 7 7
Amortization of right-of-use assets 5  
Employee stock plan compensation 16 14
Unrealized (gain) loss on other investments, net (106) (2)
Bad debt expense 43 3
Impairment loss   1
Change in operating assets and liabilities:    
Securities - segregated for regulatory purposes (2,937) 932
Securities borrowed (865) (11)
Securities purchased under agreements to resell (338) 1,358
Financial instruments owned, at fair value 803 742
Receivables from customers 1,106 354
Other receivables (31) (162)
Other assets (140) (12)
Securities loaned 213 (273)
Securities sold under agreement to repurchase   (1,316)
Financial instruments sold but not yet purchased, at fair value (426) (525)
Payable to customers 2,749 (125)
Other payables 171 (107)
Net cash provided by operating activities 603 1,201
Cash flows from investing activities:    
Purchases of other investments (16)  
Purchase of property, equipment and intangible assets (26) (8)
Net cash used in investing activities (42) (8)
Cash flows from financing activities:    
Short-term borrowings, net (2) 4
Dividends paid to stockholders (8) (7)
Distributions from IBG LLC to noncontrolling interests (60) (61)
Net cash used in financing activities (70) (64)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (2) 8
Net increase in cash, cash equivalents, and restricted cash 489 1,137
Cash, cash equivalents, and restricted cash at beginning of period 10,100 8,279
Cash, cash equivalents, and restricted cash at end of period 10,589 9,416
Cash, cash equivalents, and restricted cash    
Cash, cash equivalents, and restricted cash 10,100 8,279
Supplemental disclosures of cash flow information:    
Cash paid for interest 158 89
Cash paid for taxes, net 12 $ 13
Cash paid for amounts included in lease liabilities $ 5