XML 46 R35.htm IDEA: XBRL DOCUMENT v3.25.1

Segment Reporting And Geographic Information (Tables)

3 Months Ended

Mar. 31, 2025

Segment Reporting And Geographic Information [Abstract]

Segment Information

		Three Months Ended March 31,
		2025			2024
		(in millions)
Total net revenues		$	1,427		$	1,203
Significant Expenses
Transaction based fees 1			102			80
Non-transaction based fees 1			19			21
Employee compensation 2			143			133
Advertising 3			21			13
Other expenses 4			87			90
Total non-interest expenses			372			337
Income before income taxes			1,055			866
Income tax expense			91			71
Net income		$	964		$	795
Total segment assets		$	157,670		$	132,238
Total depreciation and amortization 5		$	15		$	17

__________________________

(1)Included in “Execution, clearing and distribution fees” in the condensed consolidated statements of comprehensive income.

(2)Included in “Employee compensation and benefits” in the condensed consolidated statements of comprehensive income.

(3)Included in “General and administrative” in the condensed consolidated statements of comprehensive income.

‎

(4)Includes “Occupancy, depreciation and amortization”; “Communications”; “Customer bad debt”; employee benefits and other personnel expenses included in “Employee compensation and benefits”; and professional services, legal and regulatory matters, and other administrative expenses included in “General and administrative” in the condensed consolidated statements of comprehensive income.

(5)Included in “Occupancy, depreciation and amortization” in the condensed consolidated statements of comprehensive income.

Schedule Of Total Net Revenues And Income Before Income Taxes By Geographic Area

		Three Months Ended March 31,
		2025			2024
		(in millions)
Net revenues
United States		$	990		$	828
International			437			375
Total net revenues		$	1,427		$	1,203
Income before income taxes
United States		$	806		$	647
International			249			219
Total income before income taxes		$	1,055		$	866

X

- Definition

Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 280
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 41
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-41

+ Details

Name:	us-gaap_RevenueFromExternalCustomersByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration