XML 51 R36.htm IDEA: XBRL DOCUMENT v3.22.0.1

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Taxes [Abstract]
Schedule Of The Provision For Income Taxes	Year-Ended December 31, 2021 2020 2019 (in millions) Current Federal $ 62 $ 21 $ 19 State and local 8 4 3 Foreign 58 43 22 Total current 128 68 44 Deferred Federal 15 21 24 State and local 4 (7) — Foreign 4 (5) — Total deferred 23 9 24 $ 151 $ 77 $ 68
Reconciliation Of The Statutory U.S. Federal Income Tax Rate Of 35% To The Company’s Effective Tax Rate	Year-Ended December 31, 2021 2020 2019U.S. Statutory Tax Rate 21.0% 21.0% 21.0%State, local and foreign taxes, net of federal benefit 3.0% 1.5% 1.7%Subtotal 24.0% 22.5% 22.7%Less: rate attributable to noncontrolling interests (15.6%) (16.4%) (16.8%)Total 8.4% 6.1% 5.9%
Significant Components Of The Company’s Deferred Tax Assets (Liabilities)	December 31, 2021 2020 2019 (in millions)Deferred tax assets Arising from the acquisition of interests in IBG LLC $ 209 $ 190 $ 116Deferred compensation 11 9 5Other 22 16 11Total deferred tax assets 242 215 132Deferred tax liabilities Foreign 1 2 1Other 11 8 3Total deferred tax liabilities 12 10 4Net deferred tax assets $ 230 $ 205 $ 128

X

- References

No definition available.

+ Details

Name:	us-gaap_IncomeTaxDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32639-109319

+ Details

Name:	us-gaap_ScheduleOfComponentsOfIncomeTaxExpenseBenefitTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32537-109319

+ Details

Name:	us-gaap_ScheduleOfDeferredTaxAssetsAndLiabilitiesTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=121826272&loc=d3e32687-109319

+ Details

Name:	us-gaap_ScheduleOfEffectiveIncomeTaxRateReconciliationTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration