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Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information

Financial data for our business segments is as follows for the six and three months ended June 30, 2024 and 2023 (in millions):

			Six Months Ended June 30, 2024
			Exchanges						Fixed Income and Data Services						Mortgage Technology						Consolidated
Revenues:
Energy futures and options			$	926					$	—					$	—					$	926
Agricultural and metals futures and options			143						—						—						143
Financial futures and options			267						—						—						267
Cash equities and equity options			1,301						—						—						1,301
OTC and other			204						—						—						204
Data and connectivity services			475						—						—						475
Listings			244						—						—						244
Fixed income execution			—						56						—						56
CDS clearing			—						171						—						171
Fixed income data and analytics			—						581						—						581
Other data and network services			—						325						—						325
Origination technology			—						—						354						354
Closing solutions			—						—						96						96
Servicing software			—						—						426						426
Data and analytics			—						—						129						129
Revenues			3,560						1,133						1,005						5,698
Transaction-based expenses			1,091						—						—						1,091
Revenues, less transaction-based expenses			2,469						1,133						1,005						4,607
Operating expenses			682						711						1,085						2,478
Operating income/(loss)			$	1,787					$	422					$	(80)					$	2,129
			Three Months Ended June 30, 2024
			Exchanges						Fixed Income and Data Services						Mortgage Technology						Consolidated
Revenues:
Energy futures and options			$	469					$	—					$	—					$	469
Agricultural and metals futures and options			71						—						—						71
Financial futures and options			132						—						—						132
Cash equities and equity options			691						—						—						691
OTC and other			101						—						—						101
Data and connectivity services			240						—						—						240
Listings			122						—						—						122
Fixed income execution			—						30						—						30
CDS clearing			—						78						—						78
Fixed income data and analytics			—						293						—						293
Other data and network services			—						164						—						164
Origination technology			—						—						180						180
Closing solutions			—						—						52						52
Servicing software			—						—						212						212
Data and analytics			—						—						62						62
Revenues			1,826						565						506						2,897
Transaction-based expenses			580						—						—						580
Revenues, less transaction-based expenses			1,246						565						506						2,317
Operating expenses			356						357						538						1,251
Operating income/(loss)			$	890					$	208					$	(32)					$	1,066

			Six Months Ended June 30, 2023
			Exchanges						Fixed Income and Data Services						Mortgage Technology						Consolidated
Revenues:
Energy futures and options			$	700					$	—					$	—					$	700
Agricultural and metals futures and options			147						—						—						147
Financial futures and options			232						—						—						232
Cash equities and equity options			1,215						—						—						1,215
OTC and other			205						—						—						205
Data and connectivity services			463						—						—						463
Listings			252						—						—						252
Fixed income execution			—						60						—						60
CDS clearing			—						185						—						185
Fixed income data and analytics			—						553						—						553
Other data and network services			—						311						—						311
Origination technology			—						—						352						352
Closing solutions			—						—						88						88
Servicing software			—						—						—						—
Data and analytics			—						—						45						45
Revenues			3,214						1,109						485						4,808
Transaction-based expenses			1,024						—						—						1,024
Revenues, less transaction-based expenses			2,190						1,109						485						3,784
Operating expenses			631						699						530						1,860
Operating income/(loss)			$	1,559					$	410					$	(45)					$	1,924
			Three Months Ended June 30, 2023
			Exchanges						Fixed Income and Data Services						Mortgage Technology						Consolidated
Revenues:
Energy futures and options			$	355					$	—					$	—					$	355
Agricultural and metals futures and options			77						—						—						77
Financial futures and options			104						—						—						104
Cash equities and equity options			544						—						—						544
OTC and other			104						—						—						104
Data and connectivity services			231						—						—						231
Listings			126						—						—						126
Fixed income execution			—						28						—						28
CDS clearing			—						84						—						84
Fixed income data and analytics			—						277						—						277
Other data and network services			—						157						—						157
Origination technology			—						—						178						178
Closing solutions			—						—						47						47
Servicing software			—						—						—						—
Data and analytics			—						—						24						24
Revenues			1,541						546						249						2,336
Transaction-based expenses			448						—						—						448
Revenues, less transaction-based expenses			1,093						546						249						1,888
Operating expenses			311						356						266						933
Operating income/(loss)			$	782					$	190					$	(17)					$	955

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

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X

- References

No definition available.

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