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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 2,667 $ 2,395
Cash segregated for regulatory purposes 24,581 22,888
Securities - segregated for regulatory purposes 24,350 15,121
Securities borrowed 4,445 3,912
Securities purchased under agreements to resell 6,268 4,380
Financial instruments owned, at fair value:    
Financial instruments owned, at fair value 577 673
Receivables:    
Customers, less allowance for credit losses of $9 and $8 as of March 31, 2022 and December 31, 2021 48,306 54,935
Receivables from brokers, dealers and clearing organizations 2,188 3,771
Interest 118 127
Total receivables 50,612 58,833
Other assets 923 911
Total assets 114,423 109,113
Liabilities and equity    
Short-term borrowings 11 27
Securities loaned 11,379 11,769
Securities sold under agreements to repurchase 300  
Financial instruments sold, not yet purchased, at fair value 190 182
Payables    
Customers 91,097 85,634
Brokers, dealers and clearing organizations 230 557
Affiliate 222 222
Accounts payable, accrued expenses and other liabilities 504 492
Interest 8 8
Total payables 92,061 86,913
Total liabilities 103,941 98,891
Commitments, contingencies and guarantees (see Note 13)
Stockholders' equity    
Additional paid-in capital 1,449 1,442
Retained earnings 1,017 953
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of March 31, 2022 and December 31, 2021 (6) 4
Treasury stock, at cost, 162,325 and 154,914 shares as of March 31, 2022 and December 31, 2021 (5) (5)
Total stockholders' equity 2,456 2,395
Noncontrolling interests 8,026 7,827
Total equity 10,482 10,222
Total liabilities and stockholders' equity 114,423 109,113
Asset Not Pledged as Collateral [Member]    
Financial instruments owned, at fair value:    
Financial instruments owned, at fair value 491 559
Asset Pledged as Collateral [Member]    
Financial instruments owned, at fair value:    
Financial instruments owned, at fair value 86 114
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