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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 724 $ 535
Short-term restricted cash and cash equivalents 818 769
Customer accounts receivable, net of allowance for doubtful accounts of $7 and $6, respectively 953 903
Margin deposits, guaranty funds and delivery contracts receivable 63,955 51,222
Prepaid expenses and other current assets 242 133
Total current assets 66,692 53,562
Property and equipment, net 1,241 1,246
Other non-current assets:    
Goodwill 13,085 12,216
Other intangible assets, net 10,462 10,269
Long-term restricted cash and cash equivalents 330 264
Other non-current assets 981 707
Total other non-current assets 24,858 23,456
Total assets 92,791 78,264
Current liabilities:    
Accounts payable and accrued liabilities 521 462
Section 31 fees payable 105 128
Accrued salaries and benefits 280 227
Deferred revenue 135 125
Short-term debt 951 1,833
Margin deposits, guaranty funds and delivery contracts payable 63,955 51,222
Other current liabilities 161 178
Total current liabilities 66,108 54,175
Non-current liabilities:    
Non-current deferred tax liability, net 2,337 2,298
Long-term debt 6,490 4,267
Accrued employee benefits 204 243
Other non-current liabilities 350 296
Total non-current liabilities 9,381 7,104
Total liabilities 75,489 61,279
Commitments and contingencies
Redeemable non-controlling interest in consolidated subsidiaries 71 0
Intercontinental Exchange, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value; 100 authorized; none issued or outstanding 0 0
Common stock, $0.01 par value; 1,500 authorized; 604 and 569 shares issued and outstanding at December 31, 2018, respectively, and 600 and 583 shares issued and outstanding at December 31, 2017, respectively 6 6
Treasury stock, at cost; 35 and 17 shares, respectively (2,354) (1,076)
Additional paid-in capital 11,547 11,392
Retained earnings 8,317 6,858
Accumulated other comprehensive loss (315) (223)
Total Intercontinental Exchange, Inc. stockholders’ equity 17,201 16,957
Non-controlling interest in consolidated subsidiaries 30 28
Total equity 17,231 16,985
Total liabilities and equity $ 92,791 $ 78,264