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Condensed Consolidated Statements Of Income (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues:    
Market Services$ 808$ 634$ 2,190$ 2,052
Issuer Services9285276255
Market Technology4638135106
Other   1
Total revenues9467572,6012,414
Cost of revenues:    
Transaction rebates(390)(303)(1,021)(1,013)
Brokerage, clearance and exchange fees(118)(82)(311)(280)
Total cost of revenues(508)(385)(1,332)(1,293)
Revenues less transaction rebates, brokerage, clearance and exchange fees4383721,2691,121
Operating expenses:    
Compensation and benefits118101345302
Marketing and advertising451514
Depreciation and amortization28258175
Professional and contract services23186657
Computer operations and data communications17135043
Occupancy23236866
Regulatory992626
Merger and strategic initiatives31382
General, administrative and other18124480
Total operating expenses243207733665
Operating income195165536456
Interest income3287
Interest expense(30)(25)(93)(76)
Dividend and investment income1   
Loss on divestiture of businesses   (11)
Income from unconsolidated investees, net1122
Income before income taxes170[1]143453[1]378[2]
Income tax provision6143151124
Net income109100302254
Net loss attributable to noncontrolling interests1144
Net income attributable to NASDAQ OMX$ 110$ 101$ 306$ 258
Basic and diluted earnings per share:    
Basic earnings per share$ 0.62$ 0.51$ 1.73$ 1.25
Diluted earnings per share$ 0.61$ 0.50$ 1.70$ 1.23
[1] Corporate items and eliminations for the three and nine months ended September 30, 2011 primarily include merger and strategic initiatives expense as well as costs incurred in connection with the termination of our 2010 Credit Facility. See "2010 Credit Facility," of Note 8, "Debt Obligations," for further discussion.
[2] Corporate items and eliminations for the nine months ended September 30, 2010 primarily include charges of $40 million related to the repayment of our senior secured credit facilities in place as of December 31, 2009 and $11 million related to loss on divestiture of businesses as a result of our decision to close the businesses of both NASDAQ OMX Europe, or NEURO, ($6 million) and Agora-X LLC, or Agora-X, ($5 million).