XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.3
Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 3,824 $ 3,436
Cash segregated for regulatory purposes 26,385 25,167
Securities - segregated for regulatory purposes 31,335 31,781
Securities borrowed 5,478 4,749
Securities purchased under agreements to resell 5,480 6,029
Financial instruments owned, at fair value 1,324 485
Receivables:    
Customers, less allowance for credit losses of $12 and $10 as of September 30, 2023 and December 31, 2022 43,602 38,760
Brokers, dealers and clearing organizations 1,726 3,469
Interest 440 341
Total receivables 45,768 42,570
Other assets 1,042 926
Total assets 120,636 115,143
Liabilities and equity    
Short-term borrowings 11 18
Securities loaned 10,482 8,940
Financial instruments sold, not yet purchased, at fair value 198 146
Payables    
Customers 94,873 93,195
Brokers, dealers and clearing organizations 627 291
Affiliate 212 214
Accounts payable, accrued expenses and other liabilities 681 531
Interest 288 193
Total payables 96,681 94,424
Total liabilities 107,372 103,528
Commitments, contingencies and guarantees (see Note 13)
Stockholders' equity    
Additional paid-in capital 1,718 1,581
Retained earnings 1,703 1,294
Accumulated other comprehensive income, net of income taxes of $0 as of September 30, 2023 and December 31, 2022 (29) (22)
Treasury stock, at cost, 132,629 and 169,420 shares as of September 30, 2023 and December 31, 2022 (3) (6)
Total stockholders' equity 3,390 2,848
Noncontrolling interests 9,874 8,767
Total equity 13,264 11,615
Total liabilities and stockholders' equity 120,636 115,143
Asset Not Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 744 396
Asset Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 580 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