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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 3,214 $ 3,436
Cash segregated for regulatory purposes 24,354 25,167
Securities - segregated for regulatory purposes 36,987 31,781
Securities borrowed 5,306 4,749
Securities purchased under agreements to resell 6,699 6,029
Financial instruments owned, at fair value 383 485
Receivables:    
Customers, less allowance for credit losses of $12 and $10 as of March 31, 2023 and December 31, 2022 39,491 38,760
Brokers, dealers and clearing organizations 1,666 3,469
Interest 384 341
Total receivables 41,541 42,570
Other assets 985 926
Total assets 119,469 115,143
Liabilities and equity    
Short-term borrowings 10 18
Securities loaned 10,719 8,940
Financial instruments sold, not yet purchased, at fair value 190 146
Payables    
Customers 94,897 93,195
Brokers, dealers and clearing organizations 369 291
Affiliate 214 214
Accounts payable, accrued expenses and other liabilities 600 531
Interest 237 193
Total payables 96,317 94,424
Total liabilities 107,236 103,528
Commitments, contingencies and guarantees (see Note 13)
Stockholders' equity    
Additional paid-in capital 1,589 1,581
Retained earnings 1,432 1,294
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of March 31, 2023 and December 31, 2022 (17) (22)
Treasury stock, at cost, 143,937 and 169,420 shares as of March 31, 2023 and December 31, 2022 (4) (6)
Total stockholders' equity 3,001 2,848
Noncontrolling interests 9,232 8,767
Total equity 12,233 11,615
Total liabilities and stockholders' equity 119,469 115,143
Asset Not Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 310 396
Asset Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 73 89
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