XML 152 R99.htm IDEA: XBRL DOCUMENT v3.6.0.2
Condensed Consolidating Statements of Income (Details) - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2016
[1]
Dec. 31, 2015
Sep. 30, 2015
[1]
Jun. 30, 2015
[1]
Mar. 31, 2015
[1]
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:                      
Transaction and clearing fees, net                 $ 3,384 $ 3,228 $ 3,144
Market data fees                 1,978 871 691
Listing Fees and Other Revenue                 596 583 517
Revenues                 5,958 4,682 4,352
Transaction-based expenses                 1,459 1,344 1,260
Total revenues, less transaction-based expenses $ (1,138) $ (875) $ (1,078) $ (1,129) $ (1,154) $ (816) $ (797) $ (850) (4,499) (3,338) (3,092)
Operating expenses:                      
Selling, general and administrative                 323 312 402
Depreciation and amortization                 610 374 333
Total other income (expense), net                 (138) (97) (41)
Income before income taxes                 2,029 1,653 1,407
Income tax expense (benefit)                 580 358 402
Equity earnings from subsidiaries                 0 0 0
Income from continuing operations                 (1,449) (1,295) (1,005)
Income from discontinued operations, net of tax                     (11)
Net income (loss)                 (1,449) (1,295) (1,016)
Net income attributable to non-controlling interest                 (27) (21) (35)
Net income (loss) attributable to ICE Group, Inc. (352) (370) (344) (357) (369) (306) (283) (315) (1,422) (1,274) (981)
Labor and Related Expense                 945 611 592
Technology Services Costs                 374 203 188
Acquisition-related transaction and integration costs                 80 88 129
Operating Expenses                 2,332 1,588 1,644
Operating Income (Loss) $ 558 $ 418 $ 474 $ 551 $ 584 $ 440 $ 430 $ 462 2,167 1,750 1,448
ICE Group, Inc. (Parent)                      
Revenues:                      
Transaction and clearing fees, net                 0 0 0
Market data fees                 0 0 0
Listing Fees and Other Revenue                 0 0 0
Revenues                 0 0 0
Transaction-based expenses                 0 0 0
Total revenues, less transaction-based expenses                 0 0 0
Operating expenses:                      
Selling, general and administrative                 1 1 1
Depreciation and amortization                 0 0 0
Total other income (expense), net                 (166) (44) (17)
Income before income taxes                 (168) (58) (19)
Income tax expense (benefit)                 0 0 (2)
Equity earnings from subsidiaries                 1,590 1,332 998
Income from continuing operations                     (981)
Income from discontinued operations, net of tax                     0
Net income (loss)                 (1,422) (1,274) (981)
Net income attributable to non-controlling interest                 0 0 0
Net income (loss) attributable to ICE Group, Inc.                 (1,422) (1,274) (981)
Labor and Related Expense                 1 1 1
Technology Services Costs                 0 0 0
Acquisition-related transaction and integration costs                 0 12 0
Operating Expenses                 2 14 2
Operating Income (Loss)                 (2) (14) (2)
Subsidiary Guarantor - NYSE Euronext Holdings, LLC                      
Revenues:                      
Transaction and clearing fees, net                 0 0 0
Market data fees                 0 0 0
Listing Fees and Other Revenue                 0 0 0
Revenues                 0 0 0
Transaction-based expenses                 0 0 0
Total revenues, less transaction-based expenses                 0 0 0
Operating expenses:                      
Selling, general and administrative                 0 0 0
Depreciation and amortization                 0 0 0
Total other income (expense), net                 33 (23) (45)
Income before income taxes                 33 (23) (57)
Income tax expense (benefit)                 0 0 0
Equity earnings from subsidiaries                 1,201 417 535
Income from continuing operations                     (478)
Income from discontinued operations, net of tax                     0
Net income (loss)                 (1,234) (394) (478)
Net income attributable to non-controlling interest                 0 0 0
Net income (loss) attributable to ICE Group, Inc.                 (1,234) (394) (478)
Labor and Related Expense                 0 0 0
Technology Services Costs                 0 0 0
Acquisition-related transaction and integration costs                 0 0 12
Operating Expenses                 0 0 12
Operating Income (Loss)                 0 0 (12)
Subsidiary Non-Guarantors                      
Revenues:                      
Transaction and clearing fees, net                 3,384 3,228 3,144
Market data fees                 1,978 871 691
Listing Fees and Other Revenue                 596 583 517
Revenues                 5,958 4,682 4,352
Transaction-based expenses                 1,459 1,344 1,260
Total revenues, less transaction-based expenses                 (4,499) (3,338) (3,092)
Operating expenses:                      
Selling, general and administrative                 322 311 401
Depreciation and amortization                 610 374 333
Total other income (expense), net                 (5) (30) 21
Income before income taxes                 2,164 1,734 1,483
Income tax expense (benefit)                 580 358 404
Equity earnings from subsidiaries                 0 0 0
Income from continuing operations                     (1,079)
Income from discontinued operations, net of tax                     (11)
Net income (loss)                 (1,584) (1,376) (1,090)
Net income attributable to non-controlling interest                 (27) (21) (35)
Net income (loss) attributable to ICE Group, Inc.                 (1,557) (1,355) (1,055)
Labor and Related Expense                 944 610 591
Technology Services Costs                 374 203 188
Acquisition-related transaction and integration costs                 80 76 117
Operating Expenses                 2,330 1,574 1,630
Operating Income (Loss)                 2,169 1,764 1,462
Consolidating Adjustments                      
Revenues:                      
Transaction and clearing fees, net                 0 0 0
Market data fees                 0 0 0
Listing Fees and Other Revenue                 0 0 0
Revenues                 0 0 0
Transaction-based expenses                 0 0 0
Total revenues, less transaction-based expenses                 0 0 0
Operating expenses:                      
Selling, general and administrative                 0 0 0
Depreciation and amortization                 0 0 0
Total other income (expense), net                 0 0 0
Income before income taxes                 0 0 0
Income tax expense (benefit)                 0 0 0
Equity earnings from subsidiaries                 (2,791) (1,749) (1,533)
Income from continuing operations                     1,533
Income from discontinued operations, net of tax                     0
Net income (loss)                 2,791 1,749 1,533
Net income attributable to non-controlling interest                 0 0 0
Net income (loss) attributable to ICE Group, Inc.                 2,791 1,749 1,533
Labor and Related Expense                 0 0 0
Technology Services Costs                 0 0 0
Acquisition-related transaction and integration costs                 0 0 0
Operating Expenses                 0 0 0
Operating Income (Loss)                 $ 0 $ 0 $ 0
[1] We acquired Securities Evaluations and Credit Market Analysis on October 3, 2016, Interactive Data on December 14, 2015 and Trayport on December 11, 2015 and we have included their results with our consolidated results above effective from the acquisition dates (Note 3).