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Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 4,063 $ 3,753
Cash segregated for regulatory purposes 29,961 28,840
Securities - segregated for regulatory purposes 29,292 35,386
Securities borrowed 6,362 5,835
Securities purchased under agreements to resell 6,674 5,504
Financial instruments owned, at fair value 1,112 1,488
Receivables:    
Customers, less allowance for credit losses of $14 and $10 as of March 31, 2024 and December 31, 2023 51,395 44,472
Brokers, dealers and clearing organizations 1,684 1,643
Interest 437 375
Total receivables 53,516 46,490
Other assets 1,258 1,127
Total assets 132,238 128,423
Liabilities and equity    
Short-term borrowings 14 17
Securities loaned 14,216 11,347
Financial instruments sold, not yet purchased, at fair value 236 193
Payables    
Customers 101,197 101,012
Brokers, dealers and clearing organizations 561 590
Affiliate 206 210
Accounts payable, accrued expenses and other liabilities 830 676
Interest 319 311
Total payables 103,113 102,799
Total liabilities 117,579 114,356
Commitments, contingencies and guarantees (see Note 13)
Stockholders' equity    
Additional paid-in capital 1,736 1,726
Retained earnings 2,016 1,852
Accumulated other comprehensive income, net of income taxes of $0 and $0 as of March 31, 2024 and December 31, 2023 (18) 8
Treasury stock, at cost, 134,834 and 133,034 shares as of March 31, 2024 and December 31, 2023 (3) (3)
Total stockholders' equity 3,732 3,584
Noncontrolling interests 10,927 10,483
Total equity 14,659 14,067
Total liabilities and stockholders' equity 132,238 128,423
Asset Not Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 1,050 1,422
Asset Pledged as Collateral [Member]    
Assets    
Financial instruments owned, at fair value 62 66
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