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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 2,838 $ 4,292
Cash segregated for regulatory purposes 23,125 15,903
Securities - segregated for regulatory purposes 14,400 27,821
Securities borrowed 3,811 4,956
Securities purchased under agreements to resell 6,108 792
Financial instruments owned, at fair value:    
Financial instruments owned 582 544
Financial instruments owned and pledged as collateral 77 86
Total financial instruments owned, at fair value 659 630
Receivables:    
Customers, less allowance for credit losses of $9 and $17 as of September 30, 2021 and December 31, 2020 50,503 39,333
Receivables from brokers, dealers and clearing organizations 4,038 1,254
Interest receivable 113 104
Total receivables 54,654 40,691
Other assets 687 594
Total assets 106,282 95,679
Liabilities and equity    
Short-term borrowings 28 118
Securities loaned 10,535 9,838
Financial instruments sold, not yet purchased, at fair value 233 153
Payables    
Payable to customers 84,087 75,882
Payables to brokers, dealers and clearing organizations 781 182
Affiliate 240 199
Accounts payable, accrued expenses and other liabilities 357 298
Interest Payable 10 6
Total payables 85,475 76,567
Total liabilities 96,271 86,676
Commitments, contingencies and guarantees (see Note 13)
Stockholders' equity    
Additional paid-in capital 1,433 1,244
Retained earnings 896 683
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of September 30, 2021 and December 31, 2020 5 26
Treasury stock, at cost, 142,640 and 136,784 shares as of September 30, 2021 and December 31, 2020 (4) (3)
Total stockholders' equity 2,331 1,951
Noncontrolling interests 7,680 7,052
Total equity 10,011 9,003
Total liabilities and stockholders' equity 106,282 95,679
Common Class A [Member]    
Stockholders' equity    
Common stock, $0.01 par value per share 1 1
Common Class B [Member]    
Stockholders' equity    
Common stock, $0.01 par value per share