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v3.24.3

Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2024
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information | Financial data for our business segments is as follows for the nine and three months ended September 30, 2024 and 2023 (in millions):
| Nine Months Ended September 30, 2024
| Exchanges |  | Fixed Income and Data Services |  | Mortgage Technology |  | Consolidated
Revenues: |  |  |  |  |  |  |
Energy futures and options | $ | 1,399 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,399 |
Agricultural and metals futures and options | 203 |  |  | — |  |  | — |  |  | 203 |
Financial futures and options | 408 |  |  | — |  |  | — |  |  | 408 |
Cash equities and equity options | 2,092 |  |  | — |  |  | — |  |  | 2,092 |
OTC and other | 313 |  |  | — |  |  | — |  |  | 313 |
Data and connectivity services | 717 |  |  | — |  |  | — |  |  | 717 |
Listings | 366 |  |  | — |  |  | — |  |  | 366 |
Fixed income execution | — |  |  | 84 |  |  | — |  |  | 84 |
CDS clearing | — |  |  | 268 |  |  | — |  |  | 268 |
Fixed income data and analytics | — |  |  | 876 |  |  | — |  |  | 876 |
Other data and network services | — |  |  | 491 |  |  | — |  |  | 491 |
Origination technology | — |  |  | — |  |  | 536 |  |  | 536 |
Closing solutions | — |  |  | — |  |  | 150 |  |  | 150 |
Servicing software | — |  |  | — |  |  | 635 |  |  | 635 |
Data and analytics | — |  |  | — |  |  | 193 |  |  | 193 |
Revenues | 5,498 |  |  | 1,719 |  |  | 1,514 |  |  | 8,731 |
Transaction-based expenses | 1,775 |  |  | — |  |  | — |  |  | 1,775 |
Revenues, less transaction-based expenses | 3,723 |  |  | 1,719 |  |  | 1,514 |  |  | 6,956 |
Operating expenses | 989 |  |  | 1,087 |  |  | 1,648 |  |  | 3,724 |
Operating income/(loss) | $ | 2,734 |  |  | $ | 632 |  |  | $ | (134) |  |  | $ | 3,232 |
| Three Months Ended September 30, 2024
| Exchanges |  | Fixed Income and Data Services |  | Mortgage Technology |  | Consolidated
Revenues: |  |  |  |  |  |  |
Energy futures and options | $ | 473 |  |  | $ | — |  |  | $ | — |  |  | $ | 473 |
Agricultural and metals futures and options | 60 |  |  | — |  |  | — |  |  | 60 |
Financial futures and options | 141 |  |  | — |  |  | — |  |  | 141 |
Cash equities and equity options | 791 |  |  | — |  |  | — |  |  | 791 |
OTC and other | 109 |  |  | — |  |  | — |  |  | 109 |
Data and connectivity services | 242 |  |  | — |  |  | — |  |  | 242 |
Listings | 122 |  |  | — |  |  | — |  |  | 122 |
Fixed income execution | — |  |  | 28 |  |  | — |  |  | 28 |
CDS clearing | — |  |  | 97 |  |  | — |  |  | 97 |
Fixed income data and analytics | — |  |  | 295 |  |  | — |  |  | 295 |
Other data and network services | — |  |  | 166 |  |  | — |  |  | 166 |
Origination technology | — |  |  | — |  |  | 182 |  |  | 182 |
Closing solutions | — |  |  | — |  |  | 54 |  |  | 54 |
Servicing software | — |  |  | — |  |  | 209 |  |  | 209 |
Data and analytics | — |  |  | — |  |  | 64 |  |  | 64 |
Revenues | 1,938 |  |  | 586 |  |  | 509 |  |  | 3,033 |
Transaction-based expenses | 684 |  |  | — |  |  | — |  |  | 684 |
Revenues, less transaction-based expenses | 1,254 |  |  | 586 |  |  | 509 |  |  | 2,349 |
Operating expenses | 307 |  |  | 376 |  |  | 563 |  |  | 1,246 |
Operating income/(loss) | $ | 947 |  |  | $ | 210 |  |  | $ | (54) |  |  | $ | 1,103 |
| Nine Months Ended September 30, 2023
| Exchanges |  | Fixed Income and Data Services |  | Mortgage Technology |  | Consolidated
Revenues: |  |  |  |  |  |  |
Energy futures and options | $ | 1,084 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,084 |
Agricultural and metals futures and options | 208 |  |  | — |  |  | — |  |  | 208 |
Financial futures and options | 344 |  |  | — |  |  | — |  |  | 344 |
Cash equities and equity options | 1,734 |  |  | — |  |  | — |  |  | 1,734 |
OTC and other | 309 |  |  | — |  |  | — |  |  | 309 |
Data and connectivity services | 699 |  |  | — |  |  | — |  |  | 699 |
Listings | 376 |  |  | — |  |  | — |  |  | 376 |
Fixed income execution | — |  |  | 89 |  |  | — |  |  | 89 |
CDS clearing | — |  |  | 279 |  |  | — |  |  | 279 |
Fixed income data and analytics | — |  |  | 832 |  |  | — |  |  | 832 |
Other data and network services | — |  |  | 468 |  |  | — |  |  | 468 |
Origination technology | — |  |  | — |  |  | 524 |  |  | 524 |
Closing solutions | — |  |  | — |  |  | 136 |  |  | 136 |
Servicing software | — |  |  | — |  |  | 69 |  |  | 69 |
Data and analytics | — |  |  | — |  |  | 86 |  |  | 86 |
Revenues | 4,754 |  |  | 1,668 |  |  | 815 |  |  | 7,237 |
Transaction-based expenses | 1,450 |  |  | — |  |  | — |  |  | 1,450 |
Revenues, less transaction-based expenses | 3,304 |  |  | 1,668 |  |  | 815 |  |  | 5,787 |
Operating expenses | 944 |  |  | 1,057 |  |  | 1,017 |  |  | 3,018 |
Operating income/(loss) | $ | 2,360 |  |  | $ | 611 |  |  | $ | (202) |  |  | $ | 2,769 |
| Three Months Ended September 30, 2023
| Exchanges |  | Fixed Income and Data Services |  | Mortgage Technology |  | Consolidated
Revenues: |  |  |  |  |  |  |
Energy futures and options | $ | 384 |  |  | $ | — |  |  | $ | — |  |  | $ | 384 |
Agricultural and metals futures and options | 61 |  |  | — |  |  | — |  |  | 61 |
Financial futures and options | 112 |  |  | — |  |  | — |  |  | 112 |
Cash equities and equity options | 519 |  |  | — |  |  | — |  |  | 519 |
OTC and other | 104 |  |  | — |  |  | — |  |  | 104 |
Data and connectivity services | 236 |  |  | — |  |  | — |  |  | 236 |
Listings | 124 |  |  | — |  |  | — |  |  | 124 |
Fixed income execution | — |  |  | 29 |  |  | — |  |  | 29 |
CDS clearing | — |  |  | 94 |  |  | — |  |  | 94 |
Fixed income data and analytics | — |  |  | 279 |  |  | — |  |  | 279 |
Other data and network services | — |  |  | 157 |  |  | — |  |  | 157 |
Origination technology | — |  |  | — |  |  | 172 |  |  | 172 |
Closing solutions | — |  |  | — |  |  | 48 |  |  | 48 |
Servicing software | — |  |  | — |  |  | 69 |  |  | 69 |
Data and analytics | — |  |  | — |  |  | 41 |  |  | 41 |
Revenues | 1,540 |  |  | 559 |  |  | 330 |  |  | 2,429 |
Transaction-based expenses | 426 |  |  | — |  |  | — |  |  | 426 |
Revenues, less transaction-based expenses | 1,114 |  |  | 559 |  |  | 330 |  |  | 2,003 |
Operating expenses | 313 |  |  | 358 |  |  | 487 |  |  | 1,158 |
Operating income/(loss) | $ | 801 |  |  | $ | 201 |  |  | $ | (157) |  |  | $ | 845 |

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- 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
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