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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 419 $ 407
Short-term investments 16 23
Short-term restricted cash and investments 762 679
Customer accounts receivable, net of allowance for doubtful accounts of $7 at both September 30, 2017 and December 31, 2016 897 777
Margin deposits and guaranty funds 52,401 55,150
Prepaid expenses and other current assets 744 97
Total current assets 55,239 57,133
Property and equipment, net 1,192 1,129
Other non-current assets:    
Goodwill 12,016 12,291
Other intangible assets, net 10,056 10,420
Long-term restricted cash and investments 264 264
Long-term investments 0 432
Other non-current assets 351 334
Total other non-current assets 22,687 23,741
Total assets 79,118 82,003
Current liabilities:    
Accounts payable and accrued liabilities 427 388
Section 31 fees payable 32 131
Accrued salaries and benefits 184 230
Deferred revenue 228 114
Short-term debt 1,197 2,493
Margin deposits and guaranty funds 52,401 55,150
Other current liabilities 131 111
Total current liabilities 54,600 58,617
Non-current liabilities:    
Non-current deferred tax liability, net 2,989 2,958
Long-term debt 4,865 3,871
Accrued employee benefits 264 430
Other non-current liabilities 381 337
Total non-current liabilities 8,499 7,596
Total liabilities 63,099 66,213
Commitments and contingencies
Redeemable non-controlling interest 0 36
Intercontinental Exchange, Inc. shareholders’ equity:    
Preferred stock, $0.01 par value; 100 shares authorized; no shares issued or outstanding at September 30, 2017 and December 31, 2016 0 0
Common stock, $0.01 par value; 1,500 shares authorized; 600 and 596 shares issued at September 30, 2017 and December 31, 2016, respectively, and 586 and 595 shares outstanding at September 30, 2017 and December 31, 2016, respectively 6 6
Treasury stock, at cost; 14 and 1 shares at September 30, 2017 and December 31, 2016, respectively (833) (40)
Additional paid-in capital 11,423 11,306
Retained earnings 5,718 4,789
Accumulated other comprehensive loss (322) (344)
Total Intercontinental Exchange, Inc. shareholders’ equity 15,992 15,717
Non-controlling interest in consolidated subsidiaries 27 37
Total equity 16,019 15,754
Total liabilities and equity $ 79,118 $ 82,003