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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Assets    
Cash and cash equivalents $ 2,882 $ 2,597
Cash - segregated for regulatory purposes 9,400 7,503
Securities - segregated for regulatory purposes 17,824 15,595
Securities borrowed 3,916 3,331
Securities purchased under agreements to resell 3,111 1,242
Financial instruments owned, at fair value:    
Financial instruments owned 1,755 1,931
Financial instruments owned and pledged as collateral 161 188
Total financial instruments owned, at fair value 1,916 2,119
Receivables:    
Customers, less allowance for doubtful accounts of $86 and $42 as of December 31, 2019 and 2018 31,304 27,017
Receivables from brokers, dealers and clearing organizations 685 706
Interest receivable 158 141
Total receivables 32,147 27,864
Other assets 480 296
Total assets 71,676 60,547
Liabilities and equity    
Short-term borrowings 16 17
Securities loaned 4,410 4,037
Securities sold under agreements to repurchase 1,909  
Financial instruments sold, not yet purchased, at fair value 457 681
Payables    
Payable to customers 56,248 47,993
Payables to brokers, dealers and clearing organizations 220 298
Affiliate 152 171
Accounts payable, accrued expenses and other liabilities 295 153
Interest Payable 29 41
Total payables 56,944 48,656
Total liabilities 63,736 53,391
Commitments, contingencies and guarantees (see Note 14)
Stockholders' equity    
Additional paid-in capital 934 898
Retained earnings 520 390
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of December 31, 2019 and 2018   (4)
Treasury stock, at cost, 138,930 and 129,448 shares as of December 31, 2019 and 2018 (3) (3)
Total stockholders' equity 1,452 1,282
Noncontrolling interests 6,488 5,874
Total equity 7,940 7,156
Total liabilities and stockholders' equity 71,676 60,547
Common Class A    
Stockholders' equity    
Common stock, $0.01 par value per share 1 1
Common Class B    
Stockholders' equity    
Common stock, $0.01 par value per share