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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 6,226 $ 5,886 $ 5,625
Transaction-based expenses:      
Revenues less transaction-based expenses 3,582 3,420 2,903
Operating expenses:      
Compensation and benefits 1,003 938 786
Professional and contract services 140 144 137
Computer operations and data communications 207 186 151
Occupancy 104 109 107
General, administrative and other 125 85 142
Marketing and advertising 51 57 39
Depreciation and amortization 258 278 202
Regulatory 33 64 24
Merger and strategic initiatives 82 87 33
Restructuring charges 15 31 48
Total operating expenses 2,018 1,979 1,669
Operating income 1,564 1,441 1,234
Interest income 7 1 4
Interest expense (129) (125) (101)
Net gain on divestiture of business 0 84 0
Other income 2 81 5
Net income from unconsolidated investees 31 52 70
Income before income taxes 1,475 1,534 1,212
Income tax provision 352 347 279
Net income 1,123 1,187 933
Net loss attributable to noncontrolling interests 2 0 0
Net income attributable to Nasdaq $ 1,125 $ 1,187 $ 933
Per share information:      
Basic earnings per share (in dollars per share) $ 2.28 $ 2.38 $ 1.89
Diluted earnings per share (in dollars per share) 2.26 2.35 1.86
Cash dividends declared per common share (in dollars per share) $ 0.78 $ 0.70 $ 0.65
Transaction rebates      
Transaction-based expenses:      
Transaction-based expenses $ (2,092) $ (2,168) $ (2,028)
Brokerage, clearance and exchange fees      
Transaction-based expenses:      
Transaction-based expenses (552) (298) (694)
Operating segments | Market Platforms      
Revenues:      
Total revenues 4,225 4,048 4,179
Transaction-based expenses:      
Revenues less transaction-based expenses 1,581 1,582 1,457
Operating expenses:      
Depreciation and amortization 59 64 55
Operating income 859 893 784
Operating segments | Capital Access Platforms      
Revenues:      
Total revenues 1,684 1,568 1,287
Transaction-based expenses:      
Revenues less transaction-based expenses 1,684 1,568 1,287
Operating expenses:      
Depreciation and amortization 36 34 30
Operating income 916 844 651
Operating segments | Anti-Financial Crime      
Revenues:      
Total revenues 306 231 116
Transaction-based expenses:      
Revenues less transaction-based expenses 306 231 116
Operating expenses:      
Depreciation and amortization 10 8 6
Operating income 80 44 35
Reconciling items      
Revenues:      
Total revenues $ 11 $ 39 $ 43