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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 653 $ 724
Short-term restricted cash and cash equivalents 868 818
Customer accounts receivable, net of allowance for doubtful accounts of $7 at March 31, 2019 and December 31, 2018 1,181 953
Margin deposits, guaranty funds and delivery contracts receivable 64,564 63,955
Prepaid expenses and other current assets 219 242
Total current assets 67,485 66,692
Property and equipment, net 1,538 1,241
Other non-current assets:    
Goodwill 13,098 13,085
Other intangible assets, net 10,406 10,462
Long-term restricted cash and cash equivalents 370 330
Other non-current assets 960 981
Total other non-current assets 24,834 24,858
Total assets 93,857 92,791
Current liabilities:    
Accounts payable and accrued liabilities 509 521
Section 31 fees payable 70 105
Accrued salaries and benefits 125 280
Deferred revenue 479 135
Short-term debt 1,005 951
Margin deposits, guaranty funds and delivery contracts payable 64,564 63,955
Other current liabilities 283 161
Total current liabilities 67,035 66,108
Non-current liabilities:    
Non-current deferred tax liability, net 2,308 2,337
Long-term debt 6,492 6,490
Accrued employee benefits 203 204
Operating lease liability-non-current 306  
Other non-current liabilities 312 350
Total non-current liabilities 9,621 9,381
Total liabilities 76,656 75,489
Commitments and contingencies
Redeemable non-controlling interest in consolidated subsidiaries 71 71
Intercontinental Exchange, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value; 100 shares authorized; no shares issued or outstanding at March 31, 2019 and December 31, 2018 0 0
Common stock, $0.01 par value; 1,500 shares authorized; 606 and 604 shares issued at March 31, 2019 and December 31, 2018, respectively, and 565 and 569 shares outstanding at March 31, 2019 and December 31, 2018, respectively 6 6
Treasury stock, at cost; 41 and 35 shares at March 31, 2019 and December 31, 2018, respectively (2,851) (2,354)
Additional paid-in capital 11,597 11,547
Retained earnings 8,644 8,317
Accumulated other comprehensive loss (290) (315)
Total Intercontinental Exchange, Inc. stockholders’ equity 17,106 17,201
Non-controlling interest in consolidated subsidiaries 24 30
Total equity 17,130 17,231
Total liabilities and equity $ 93,857 $ 92,791