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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 2,395 $ 4,292
Cash segregated for regulatory purposes 22,888 15,903
Securities - segregated for regulatory purposes 15,121 27,821
Securities borrowed 3,912 4,956
Securities purchased under agreements to resell 4,380 792
Financial instruments owned, at fair value:    
Financial instruments owned 559 544
Financial instruments owned and pledged as collateral 114 86
Total financial instruments owned, at fair value 673 630
Receivables:    
Customers, less allowance for credit losses of $8 and $17 as of December 31, 2021 and 2020 54,935 39,333
Receivables from brokers, dealers and clearing organizations 3,771 1,254
Interest receivable 127 104
Total receivables 58,833 40,691
Other assets 911 594
Total assets 109,113 95,679
Liabilities and equity    
Short-term borrowings 27 118
Securities loaned 11,769 9,838
Financial instruments sold, not yet purchased, at fair value 182 153
Payables    
Payable to customers 85,634 75,882
Payables to brokers, dealers and clearing organizations 557 182
Affiliate 222 199
Accounts payable, accrued expenses and other liabilities 492 298
Interest Payable 8 6
Total payables 86,913 76,567
Total liabilities 98,891 86,676
Commitments, contingencies and guarantees (see Note 14)
Stockholders' equity    
Additional paid-in capital 1,442 1,244
Retained earnings 953 683
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of December 31, 2021 and 2020 4 26
Treasury stock, at cost, 154,914 and 136,784 shares as of December 31, 2021 and 2020 (5) (3)
Total stockholders' equity 2,395 1,951
Noncontrolling interests 7,827 7,052
Total equity 10,222 9,003
Total liabilities and stockholders' equity 109,113 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