XML 72 R44.htm IDEA: XBRL DOCUMENT
v3.22.4

Leases (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2022
Leases [Abstract] |
Schedule of Balance Sheet Information | The following table provides supplemental balance sheet information related to Nasdaq's operating leases:
Leases |  | Balance Sheet Classification |  | December 31, 2022 |  | December 31, 2021
|  |  |  | (in millions)
Assets: |  |  |  |  |  |
Operating lease assets |  | Operating lease assets |  | $ | 444 |  |  | $ | 366 |
Liabilities: |  |  |  |  |  |
Current lease liabilities |  | Other current liabilities |  | $ | 54 |  |  | $ | 37 |
Non-current lease liabilities |  | Operating lease liabilities |  | 452 |  |  | 386 |
Total lease liabilities |  |  |  | $ | 506 |  |  | $ | 423 |
Schedule of Lease Cost, Lease Term and Discount Rate | The following table summarizes Nasdaq's lease cost:
|  |  |  | Year Ended December 31,
|  |  |  |  |  | 2022 |  | 2021 |  | 2020
|  |  |  |  |  | (in millions)
Operating lease cost |  |  |  |  |  | $ | 75 |  |  | $ | 85 |  |  | $ | 85 |
Variable lease cost |  |  |  |  |  | 32 |  |  | 28 |  |  | 26 |
Sublease income |  |  |  |  |  | (3) |  |  | (4) |  |  | (4) |
Total lease cost |  |  |  |  |  | $ | 104 |  |  | $ | 109 |  |  | $ | 107 |
In the table above, operating lease costs include short-term lease cost, which was immaterial. The following table provides information related to Nasdaq's lease term and discount rate:
|  | December 31, 2022
Weighted-average remaining lease term (in years) |  | 10.5
Weighted-average discount rate |  | 3.6 | %
The following table provides supplemental cash flow information related to Nasdaq's operating leases:
| Year Ended December 31,
| 2022 |  | 2021 |  | 2020
| (in millions)
Cash paid for amounts included in the measurement of operating lease liabilities | $ | 66 |  |  | $ | 77 |  |  | $ | 77 |
Lease assets obtained in exchange for operating lease liabilities | $ | 137 |  |  | $ | 45 |  |  | $ | 100 |
Schedule of Operating Lease Liabilities | The following table reconciles the undiscounted cash flows for ea ch of the first five years and total of the remaining years to the operating lease liabilities recorded in our Consolidated Balance Sheets.
|  | December 31, 2022
|  | (in millions)
2023 |  | $ | 71 |
2024 |  | 70 |
2025 |  | 60 |
2026 |  | 51 |
2027 |  | 48 |
2028+ |  | 314 |
Total lease payments |  | 614 |
Less: interest |  | (108) |
Present value of lease liabilities |  | $ | 506 |
In the table above, interest is calculated using the interest rate for each lease. Present value of lease liabilities include the current portion of $54 million.

X
- Definition Assets and Liabilities, Lessee [Table Text Block] + References No definition available. + Details
Name: | ndaq_AssetsandLiabilitiesLesseeTableTextBlock
Namespace Prefix: | ndaq_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918686-209980 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI https://asc.fasb.org/extlink&oid=128292326&loc=SL77918701-209980 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration