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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 3,681 $ 3,436
Cash segregated for regulatory purposes 25,770 25,167
Securities - segregated for regulatory purposes 33,457 31,781
Securities borrowed 5,999 4,749
Securities purchased under agreements to resell 6,431 6,029
Financial instruments owned, at fair value 495 485
Receivables:    
Customers, less allowance for credit losses of $11 and $10 as of June 30, 2023 and December 31, 2022 41,966 38,760
Brokers, dealers and clearing organizations 1,400 3,469
Interest 391 341
Total receivables 43,757 42,570
Other assets 1,003 926
Total assets 120,593 115,143
Liabilities and equity    
Short-term borrowings 17 18
Securities loaned 10,261 8,940
Financial instruments sold, not yet purchased, at fair value 157 146
Payables    
Customers 95,999 93,195
Brokers, dealers and clearing organizations 376 291
Affiliate 189 214
Accounts payable, accrued expenses and other liabilities 667 531
Interest 270 193
Total payables 97,501 94,424
Total liabilities 107,936 103,528
Commitments, contingencies and guarantees (see Note 13)
Stockholders' equity    
Additional paid-in capital 1,626 1,581
Retained earnings 1,546 1,294
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of June 30, 2023 and December 31, 2022 (10) (22)
Treasury stock, at cost, 163,940 and 169,420 shares as of June 30, 2023 and December 31, 2022 (5) (6)
Total stockholders' equity 3,158 2,848
Noncontrolling interests 9,499 8,767
Total equity 12,657 11,615
Total liabilities and stockholders' equity 120,593 115,143
Asset Not Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 398 396
Asset Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 97 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