Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 1,015	$ 332
Restricted cash	29	30
Financial investments	254	291
Receivables, net	568	422
Default funds and margin deposits	3,241	2,996
Other current assets	163	219
Total current assets	5,270	4,290
Property and equipment, net	375	384
Goodwill	6,326	6,366
Intangible assets, net	2,200	2,249
Operating lease assets	324	346
Other non-current assets	303	289
Total assets	14,798	13,924
Current liabilities:
Accounts payable and accrued expenses	183	148
Section 31 fees payable to SEC	161	132
Accrued personnel costs	132	188
Deferred revenue	416	211
Other current liabilities	171	161
Default funds and margin deposits	3,241	2,996
Short-term debt	1,146	391
Total current liabilities	5,450	4,227
Long-term debt	2,962	2,996
Deferred tax liabilities, net	507	552
Operating lease liabilities	310	331
Other non-current liabilities	171	179
Total liabilities	9,400	8,285
Commitments and contingencies
Nasdaq stockholders’ equity:
Common stock, $0.01 par value, 300,000,000 shares authorized, shares issued: 170,589,846 at March 31, 2020 and 171,075,011 at December 31, 2019; shares outstanding: 164,337,766 at March 31, 2020 and 165,094,440 at December 31, 2019	2	2
Additional paid-in capital	2,527	2,632
Common stock in treasury, at cost: 6,252,080 shares at March 31, 2020 and 5,980,571 shares at December 31, 2019	(364)	(336)
Accumulated other comprehensive loss	(1,909)	(1,686)
Retained earnings	5,140	5,027
Total Nasdaq stockholders’ equity	5,396	5,639
Noncontrolling interests	2	0
Total equity	5,398	5,639
Total liabilities and equity	$ 14,798	$ 13,924