XML 31 R20.htm IDEA: XBRL DOCUMENT
v3.20.2

Geographic Information | 9 Months Ended
--- | ---
Sep. 30, 2020
Geographic Information [Abstract] |
Geographic Information | 14. Geographic Information The Company operates its automated global business in the U.S. and international markets on more than 135 electronic exchanges and market centers. A significant portion of the Company’s net revenues is generated by subsidiaries operating outside the U.S. International operations are conducted in 32 countries in Europe, Asia/Pacific and the Americas (outside the U.S.). The following table presents total net revenues and income before income taxes by geographic area for the periods indicated. Significant transactions and balances between the operating subsidiaries occur, primarily as a result of certain operating subsidiaries holding exchange or clearing organization memberships, which are utilized to provide execution and clearing services to subsidiaries. Intra-region income and expenses and related balances have been eliminated in this geographic information to reflect the external business conducted in each geographic region. The geographic analysis presented below is based on the location of the subsidiaries in which the transactions are recorded. This geographic information does not reflect the way the Company’s business is managed.
|  | Three Months Ended September 30, |  | Nine Months Ended September 30,
|  | 2020 |  | 2019 |  | 2020 |  | 2019
|  | (in millions)
Net revenues |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 390 |  | $ | 346 |  | $ | 1,153 |  | $ | 1,117
International |  |  | 158 |  |  | 120 |  |  | 466 |  |  | 320
Total net revenues |  | $ | 548 |  | $ | 466 |  | $ | 1,619 |  | $ | 1,437
Income before income taxes |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 278 |  | $ | 222 |  | $ | 696 |  | $ | 717
International |  |  | 56 |  |  | 59 |  |  | 168 |  |  | 128
Total income before income taxes |  | $ | 334 |  | $ | 281 |  | $ | 864 |  | $ | 845

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration