XML 43 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1

Significant Accounting Policies Update (Tables)

9 Months Ended

Sep. 30, 2018

Accounting Policies [Abstract]

Remaining Performance Obligation, Expected Timing of Satisfaction

The following table summarizes the amount of the transaction price allocated to performance obligations that are unsatisfied as of September 30, 2018 and relates to our Market Technology segment:

	(in millions)
2018(1)	$	63
2019	238
2020	157
2021	90
2022	55
2023 and thereafter	100
Total	$	703

____________

⁽¹⁾ Represents performance obligations to be recognized over the remaining three months of 2018.

Disaggregation of Revenue

The following tables summarize the disaggregation of revenue by major product and service and by segment for the nine months ended September 30, 2018 and 2017:

	Nine Months Ended September 30, 2018
	Market Services				Corporate Services				Information Services				Market Technology				Other Revenues				Consolidated
	(in millions)
Transaction-based trading and clearing, net	$	489			$	—			$	—			$	—			$	—			$	489
Trade management services	220				—				—				—				—				220
Corporate solutions	—				178				—				—				—				178
Listing services	—				217				—				—				—				217
Market data products	—				—				293				—				—				293
Index	—				—				152				—				—				152
Investment data & analytics	—				—				83				—				—				83
Market technology	—				—				—				194				—				194
Other revenues	—				—				—				—				56				56
Revenues less transaction-based expenses	$	709			$	395			$	528			$	194			$	56			$	1,882

	Nine Months Ended September 30, 2017
	Market Services				Corporate Services				Information Services				Market Technology				Other Revenues				Consolidated
	(in millions)
Transaction-based trading and clearing, net	$	441			$	—			$	—			$	—			$	—			$	441
Trade management services	218				—				—				—				—				218
Corporate solutions	—				173				—				—				—				173
Listing services	—				197				—				—				—				197
Market data products	—				—				276				—				—				276
Index	—				—				125				—				—				125
Investment data & analytics	—				—				31				—				—				31
Market technology	—				—				—				176				—				176
Other revenues	—				—				—				—				143				143
Revenues less transaction-based expenses	$	659			$	370			$	432			$	176			$	143			$	1,780

The following tables summarize the disaggregation of revenue by major product and service and by segment for the three months ended September 30, 2018 and 2017:

	Three Months Ended September 30, 2018
	Market Services				Corporate Services				Information Services				Market Technology				Other Revenues				Consolidated
	(in millions)
Transaction-based trading and clearing, net	$	150			$	—			$	—			$	—			$	—			$	150
Trade management services	72				—				—				—				—				72
Corporate solutions	—				59				—				—				—				59
Listing services	—				72				—				—				—				72
Market data products	—				—				95				—				—				95
Index	—				—				52				—				—				52
Investment data & analytics	—				—				32				—				—				32
Market technology	—				—				—				68				—				68
Other revenues	—				—				—				—				—				—
Revenues less transaction-based expenses	$	222			$	131			$	179			$	68			$	—			$	600

	Three Months Ended September 30, 2017
	Market Services				Corporate Services				Information Services				Market Technology				Other Revenues				Consolidated
	(in millions)
Transaction-based trading and clearing, net	$	144			$	—			$	—			$	—			$	—			$	144
Trade management services	75				—				—				—				—				75
Corporate solutions	—				59				—				—				—				59
Listing services	—				67				—				—				—				67
Market data products	—				—				97				—				—				97
Index	—				—				43				—				—				43
Investment data & analytics	—				—				10				—				—				10
Market technology	—				—				—				62				—				62
Other revenues	—				—				—				—				46				46
Revenues less transaction-based expenses	$	219			$	126			$	150			$	62			$	46			$	603

X

- References

No definition available.

+ Details

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

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130545-203045

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of expected timing for satisfying remaining performance obligation.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(1)
-URI http://asc.fasb.org/extlink&oid=109196051&loc=SL49130556-203045

+ Details

Name:	us-gaap_RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration