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Deferred Revenue (Tables)
 12 Months Ended
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
AdditionsRevenue RecognizedAdjustments
Balance at December 31, 2022
(in millions)
Market Platforms:
Market Technology$36 $28 $(30)$(5)$29 
Capital Access Platforms:
Initial Listing145 25 (51)(3)116 
Annual Listings2 3 (2)(1)2 
Workflow & Insights159 166 (152)(1)172 
Anti-Financial Crime81 106 (79)— 108 
Other25 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:
202320242025202620272028+Total
(in millions)
Market Platforms:
Market Technology $28 $1 $— $— $— $— $29 
Capital Access Platforms:
Initial Listings40 30 20 17 8 1 116 
Annual Listings2 — — — — — 2 
Workflow & Insights169 3 — — — — 172 
Anti-Financial Crime106 2 — — — — 108 
Other12 5 3 1 — — 21 
Total$357 $41 $23 $18 $8 $1 $448