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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
 3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Market Services $ 606 $ 572
Corporate Services 160 143
Information Services 138 133
Market Technology 67 57
Total revenues 971 905
Transaction-based expenses:    
Transaction rebates (301) (283)
Brokerage, clearance and exchange fees (87) (88)
Revenues less transaction-based expenses 583 534
Operating expenses:    
Compensation and benefits 161 152
Professional and contract services 36 35
Computer operations and data communications 30 25
Occupancy 23 20
General, administrative and other 19 14
Marketing and advertising 7 6
Depreciation and amortization 45 38
Regulatory 8 7
Merger and strategic initiatives 6 9
Restructuring charges 0 9
Total operating expenses 335 315
Operating income 248 219
Interest income 2 1
Interest expense (37) (28)
Other investment income 0 1
Net income from unconsolidated investees 4 2
Income before income taxes 217 195
Income tax provision 48 63
Net income attributable to Nasdaq $ 169 $ 132
Per share information:    
Basic earnings per share (in dollars per share) $ 1.02 $ 0.80
Diluted earnings per share (in dollars per share) 0.99 0.78
Cash dividends declared per common share (in dollars per share) $ 0.32 $ 0.57