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Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 3,753 $ 3,436
Cash segregated for regulatory purposes 28,840 25,167
Securities - segregated for regulatory purposes 35,386 31,781
Securities borrowed 5,835 4,749
Securities purchased under agreements to resell 5,504 6,029
Financial instruments owned, at fair value 1,488 485
Receivables:    
Customers, less allowance for credit losses of $10 and $10 as of December 31, 2023 and 2022 44,472 38,760
Brokers, dealers and clearing organizations 1,643 3,469
Interest 375 341
Total receivables 46,490 42,570
Other assets 1,127 926
Total assets 128,423 115,143
Liabilities and equity    
Short-term borrowings 17 18
Securities loaned 11,347 8,940
Financial instruments sold, not yet purchased, at fair value 193 146
Payables    
Customers 101,012 93,195
Brokers, dealers and clearing organizations 590 291
Affiliate 210 214
Accounts payable, accrued expenses and other liabilities 676 531
Interest 311 193
Total payables 102,799 94,424
Total liabilities 114,356 103,528
Commitments, contingencies and guarantees (see Note 14)
Stockholders' equity    
Additional paid-in capital 1,726 1,581
Retained earnings 1,852 1,294
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of December 31, 2023 and 2022 8 (22)
Treasury stock, at cost, 133,034 and 169,420 shares as of December 31, 2023 and 2022 (3) (6)
Total stockholders' equity 3,584 2,848
Noncontrolling interests 10,483 8,767
Total equity 14,067 11,615
Total liabilities and stockholders' equity 128,423 115,143
Asset Not Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 1,422 396
Asset Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 66 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