XML 50 R34.htm IDEA: XBRL DOCUMENT
v3.22.1

REVENUE RECOGNITION (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2022
REVENUE RECOGNITION |
Schedule of disaggregated revenue contract types |
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Cash | ​ | Data and | ​ | ​ | ​ | ​
​ | ​ | and Spot | ​ | Access | ​ | Derivatives | ​ | ​
​ |  | Markets |  | Solutions |  | Markets |  | Total
Three Months Ended March 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transaction and clearing fees | ​ | $ | 395.5 | ​ | $ | — | ​ | $ | 374.1 | ​ | $ | 769.6
Access and capacity fees | ​ | ​ | — | ​ | ​ | 77.9 | ​ | ​ | — | ​ | ​ | 77.9
Market data fees | ​ | ​ | 22.9 | ​ | ​ | 39.6 | ​ | ​ | 8.2 | ​ | ​ | 70.7
Regulatory fees | ​ | ​ | 31.9 | ​ | ​ | — | ​ | ​ | 10.7 | ​ | ​ | 42.6
Other revenue | ​ | ​ | 11.6 | ​ | ​ | 1.4 | ​ | ​ | 0.7 | ​ | ​ | 13.7
​ | ​ | $ | 461.9 | ​ | $ | 118.9 | ​ | $ | 393.7 | ​ | $ | 974.5
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Cash | ​ | Data and | ​ | ​ | ​ | ​
​ | ​ | and Spot | ​ | Access | ​ | Derivatives | ​ | ​
​ | ​ | Markets |  | Solutions |  | Markets |  | Total
Three Months Ended March 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transaction and clearing fees | ​ | $ | 428.9 | ​ | $ | — | ​ | $ | 334.3 | ​ | $ | 763.2
Access and capacity fees | ​ | ​ | — | ​ | ​ | 66.4 | ​ | ​ | — | ​ | ​ | 66.4
Market data fees | ​ | ​ | 26.9 | ​ | ​ | 29.7 | ​ | ​ | 7.2 | ​ | ​ | 63.8
Regulatory fees | ​ | ​ | 82.4 | ​ | ​ | — | ​ | ​ | 19.1 | ​ | ​ | 101.5
Other revenue | ​ | ​ | 10.7 | ​ | ​ | 4.5 | ​ | ​ | 0.7 | ​ | ​ | 15.9
​ | ​ | $ | 548.9 | ​ | $ | 100.6 | ​ | $ | 361.3 | ​ | $ | 1,010.8
Schedule of disaggregation of revenue | The following table depicts the disaggregation of revenue according to segment (in millions):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | North | ​ | Europe | ​ | ​ | ​ | ​ | ​ | ​ | ​ | Corporate | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | American | ​ | and Asia | ​ | ​ | ​ | ​ | Global | ​ | Items and | ​ | ​ | ​
​ |  | Options |  | Equities |  | Pacific |  | Futures |  | FX |  | Eliminations |  | Total
Three Months Ended March 31, 2022 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transaction and clearing fees | ​ | $ | 348.3 | ​ | $ | 330.8 | ​ | $ | 50.1 | ​ | $ | 25.8 | ​ | $ | 14.6 | ​ | $ | — | ​ | $ | 769.6
Access and capacity fees | ​ | ​ | 35.8 | ​ | ​ | 26.0 | ​ | ​ | 9.3 | ​ | ​ | 4.5 | ​ | ​ | 2.3 | ​ | ​ | — | ​ | ​ | 77.9
Market data fees | ​ | ​ | 25.9 | ​ | ​ | 34.2 | ​ | ​ | 8.3 | ​ | ​ | 2.0 | ​ | ​ | 0.3 | ​ | ​ | — | ​ | ​ | 70.7
Regulatory fees | ​ | ​ | 10.7 | ​ | ​ | 31.9 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 42.6
Other revenue | ​ | ​ | 1.9 | ​ | ​ | 0.8 | ​ | ​ | 10.9 | ​ | ​ | — | ​ | ​ | 0.1 | ​ | ​ | — | ​ | ​ | 13.7
​ | ​ | $ | 422.6 | ​ | $ | 423.7 | ​ | $ | 78.6 | ​ | $ | 32.3 | ​ | $ | 17.3 | ​ | $ | — | ​ | $ | 974.5
Timing of revenue recognition | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Services transferred at a point in time | ​ | $ | 360.9 | ​ | $ | 363.5 | ​ | $ | 61.0 | ​ | $ | 25.8 | ​ | $ | 14.7 | ​ | $ | — | ​ | $ | 825.9
Services transferred over time | ​ | ​ | 61.7 | ​ | ​ | 60.2 | ​ | ​ | 17.6 | ​ | ​ | 6.5 | ​ | ​ | 2.6 | ​ | ​ | — | ​ | ​ | 148.6
​ | ​ | $ | 422.6 | ​ | $ | 423.7 | ​ | $ | 78.6 | ​ | $ | 32.3 | ​ | $ | 17.3 | ​ | $ | — | ​ | $ | 974.5
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Three Months Ended March 31, 2021 | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Transaction and clearing fees | ​ | $ | 308.7 | ​ | $ | 381.8 | ​ | $ | 34.7 | ​ | $ | 25.6 | ​ | $ | 12.4 | ​ | $ | — | ​ | $ | 763.2
Access and capacity fees | ​ | ​ | 29.4 | ​ | ​ | 23.4 | ​ | ​ | 7.1 | ​ | ​ | 4.4 | ​ | ​ | 2.1 | ​ | ​ | — | ​ | ​ | 66.4
Market data fees | ​ | ​ | 20.5 | ​ | ​ | 37.5 | ​ | ​ | 4.0 | ​ | ​ | 1.6 | ​ | ​ | 0.2 | ​ | ​ | — | ​ | ​ | 63.8
Regulatory fees | ​ | ​ | 19.1 | ​ | ​ | 82.4 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 101.5
Other revenue | ​ | ​ | 4.7 | ​ | ​ | 0.9 | ​ | ​ | 10.0 | ​ | ​ | — | ​ | ​ | — | ​ | ​ | 0.3 | ​ | ​ | 15.9
​ | ​ | $ | 382.4 | ​ | $ | 526.0 | ​ | $ | 55.8 | ​ | $ | 31.6 | ​ | $ | 14.7 | ​ | $ | 0.3 | ​ | $ | 1,010.8
Timing of revenue recognition | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Services transferred at a point in time | ​ | $ | 332.5 | ​ | $ | 465.1 | ​ | $ | 44.7 | ​ | $ | 25.6 | ​ | $ | 12.4 | ​ | $ | 0.3 | ​ | $ | 880.6
Services transferred over time | ​ | ​ | 49.9 | ​ | ​ | 60.9 | ​ | ​ | 11.1 | ​ | ​ | 6.0 | ​ | ​ | 2.3 | ​ | ​ | — | ​ | ​ | 130.2
​ | ​ | $ | 382.4 | ​ | $ | 526.0 | ​ | $ | 55.8 | ​ | $ | 31.6 | ​ | $ | 14.7 | ​ | $ | 0.3 | ​ | $ | 1,010.8
Schedule of revenue recognized from contract liabilities and the remaining balance | The revenue recognized from contract liabilities and the remaining balance is shown below (in millions): ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Balance at December 31, 2021 |  | Cash Additions |  | Revenue Recognized |  | Balance at March 31, 2022
Liquidity provider sliding scale (1) | ​ | $ | — | ​ | $ | 7.2 | ​ | $ | (1.8) | ​ | $ | 5.4
Other, net | ​ | ​ | 15.3 | ​ | ​ | 9.3 | ​ | ​ | (3.5) | ​ | ​ | 21.1
Total deferred revenue | ​ | $ | 15.3 | ​ | $ | 16.5 | ​ | $ | (5.3) | ​ | $ | 26.5
(1) | Liquidity providers are eligible to participate in the sliding scale program, which involves prepayment of transaction fees, and to receive reduced fees based on the achievement of certain volume thresholds within a calendar month. These transaction fees are amortized and recorded ratably as the transactions occur over the period.

X
- Definition Contract With Customer Assets And Liabilities [Table Text Block] + References No definition available. + Details
Name: | cboe_ContractWithCustomerAssetsAndLiabilitiesTableTextBlock
Namespace Prefix: | cboe_
Data Type: | dtr-types:textBlockItemType
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://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
Name: | us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9031-108599 + Details
Name: | us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration