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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Commissions $ 178 $ 185 $ 351 $ 405
Interest income 432 333 840 644
Trading gains 6 12 13 25
Other income (loss) (30) 23 102 100
Total revenues 586 553 1,306 1,174
Interest expense 173 108 335 202
Total net revenues 413 445 971 972
Non-interest expenses:        
Execution, clearing and distribution fees 63 66 124 139
Employee compensation and benefits 75 68 146 138
Occupancy, depreciation and amortization 14 11 28 23
Communications 6 7 12 13
General and administrative 26 22 50 45
Customer bad debt 4   47 3
Total non-interest expenses 188 174 407 361
Income before income taxes 225 271 564 611
Income tax expense 15 13 30 34
Net income 210 258 534 577
Less net income attributable to noncontrolling interests 178 217 453 490
Net income available for common stockholders $ 32 $ 41 $ 81 $ 87
Earnings per share:        
Basic $ 0.43 $ 0.57 $ 1.08 $ 1.21
Diluted $ 0.43 $ 0.57 $ 1.07 $ 1.20
Weighted average common shares outstanding:        
Weighted Average Number of Shares Outstanding, Basic 75,868,349 72,476,729 75,486,825 71,979,104
Weighted Average Number of Shares Outstanding, Diluted 76,594,934 73,329,496 76,288,342 72,923,744
Comprehensive income:        
Net income available for common stockholders $ 32 $ 41 $ 81 $ 87
Other comprehensive income:        
Cumulative translation adjustment, before income taxes 4 (14) 3 (13)
Income taxes related to items of other comprehensive income   (1)   (1)
Other comprehensive income (loss), net of tax 4 (13) 3 (12)
Comprehensive income available for common stockholders 36 28 84 75
Comprehensive income attributable to noncontrolling interests:        
Net income attributable to noncontrolling interests 178 217 453 490
Other comprehensive income - cumulative translation adjustment 12 (65) 11 (58)
Comprehensive income attributable to noncontrolling interests $ 190 $ 152 $ 464 $ 432