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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents $ 403 $ 301
Restricted cash 15 56
Financial investments, at fair value 245 201
Receivables, net 429 316
Default funds and margin deposits 3,301 2,228
Other current assets 167 158
Total current assets 4,560 3,260
Property and equipment, net 362 323
Deferred tax assets 717 643
Goodwill 6,027 5,395
Intangible assets, net 2,094 1,959
Other non-current assets 390 281
Total assets 14,150 11,861
Current liabilities:    
Accounts payable and accrued expenses 175 158
Section 31 fees payable to SEC 108 98
Accrued personnel costs 207 171
Deferred revenue 162 127
Other current liabilities 129 138
Default funds and margin deposits 3,301 2,228
Total current liabilities 4,082 2,920
Debt obligations 3,603 2,364
Deferred tax liabilities 720 626
Non-current deferred revenue 171 200
Other non-current liabilities 144 142
Total liabilities 8,720 6,252
Commitments and contingencies
Nasdaq stockholders' equity:    
Common stock, $0.01 par value, 300,000,000 shares authorized, shares issued: 170,501,186 at December 31, 2016 and 167,241,734 at December 31, 2015; shares outstanding: 166,579,468 at December 31, 2016 and 164,324,270 at December 31, 2015 2 2
Additional paid-in capital 3,104 3,011
Common stock in treasury, at cost: 3,921,718 shares at December 31, 2016 and 2,917,464 shares at December 31, 2015 (176) (111)
Accumulated other comprehensive loss (979) (864)
Retained earnings 3,479 3,571
Total Nasdaq stockholders’ equity 5,430 5,609
Total liabilities and equity $ 14,150 $ 11,861