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Deferred Revenue (Tables) | 12 Months Ended
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Dec. 31, 2022
Revenue from Contract with Customer [Abstract] |
Schedule of Changes in Deferred Revenue | The changes in our deferred revenue during the year ended December 31, 2022 are reflected in the following table:
| Balance at December 31, 2021 | Additions | Revenue Recognized | Adjustments | Balance at December 31, 2022 |  |  |  |  |  |  |  |
| (in millions) |  |  |  |  |  |  |  |
Market Platforms: |  |  |  |  |  |  |  |  |  |  |  |
Market Technology | $ | 36 |  | $ | 28 |  | $ | (30) |  | $ | (5) |  | $ | 29 |  |  |  |  |  |  |  |  |
Capital Access Platforms: |  |  |  |  |  |  |  |  |  |  |  |
Initial Listing | 145 |  | 25 |  | (51) |  | (3) |  | 116 |  |  |  |  |  |  |  |  |
Annual Listings | 2 |  | 3 |  | (2) |  | (1) |  | 2 |  |  |  |  |  |  |  |  |
Workflow & Insights | 159 |  | 166 |  | (152) |  | (1) |  | 172 |  |  |  |  |  |  |  |  |
Anti-Financial Crime | 81 |  | 106 |  | (79) |  | — |  | 108 |  |  |  |  |  |  |  |  |
Other | 25 |  | 12 |  | (13) |  | (3) |  | 21 |  |  |  |  |  |  |  |  |
Total | $ | 448 |  | $ | 340 |  | $ | (327) |  | $ | (13) |  | $ | 448 |  |  |  |  |  |  |  |  |
In the above table: •Additions primarily reflect deferred revenue billed in the current period, net of recognition. •Revenue recognized includes revenue recognized during the current period that was included in the beginning balance. •Adjustments reflect foreign currency translation adjustments. •Other primarily includes deferred revenue from our Index business, data contracts and non-U.S. listing of additional shares fees. These fees are included in our Capital Access Platforms segment.
Schedule of Estimated Deferred Revenue | As of December 31, 2022, we estimate that our deferred revenue will be recognized in the following years:
Fiscal year ended: | 2023 | 2024 | 2025 | 2026 | 2027 | 2028+ | Total |  |  |  |  |  |
| (in millions) |  |  |  |  |  |
Market Platforms: |  |  |  |  |  |  |  |  |  |  |  |
Market Technology | $ | 28 |  | $ | 1 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 29 |  |  |  |  |  |  |
Capital Access Platforms: |  |  |  |  |  |  |  |  |  |  |
Initial Listings | 40 |  | 30 |  | 20 |  | 17 |  | 8 |  | 1 |  | 116 |  |  |  |  |  |  |
Annual Listings | 2 |  | — |  | — |  | — |  | — |  | — |  | 2 |  |  |  |  |  |  |
Workflow & Insights | 169 |  | 3 |  | — |  | — |  | — |  | — |  | 172 |  |  |  |  |  |  |
Anti-Financial Crime | 106 |  | 2 |  | — |  | — |  | — |  | — |  | 108 |  |  |  |  |  |  |
Other | 12 |  | 5 |  | 3 |  | 1 |  | — |  | — |  | 21 |  |  |  |  |  |  |
Total | $ | 357 |  | $ | 41 |  | $ | 23 |  | $ | 18 |  | $ | 8 |  | $ | 1 |  | $ | 448 |  |  |  |  |  |  |

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI https://asc.fasb.org/extlink&oid=126920106&loc=SL49130551-203045 + Details
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