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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 837 $ 724
Short-term restricted cash and cash equivalents 880 818
Customer accounts receivable, net of allowance for doubtful accounts of $7 at June 30, 2019 and December 31, 2018 1,062 953
Margin deposits, guaranty funds and delivery contracts receivable 61,353 63,955
Prepaid expenses and other current assets 240 242
Total current assets 64,372 66,692
Property and equipment, net 1,525 1,241
Other non-current assets:    
Goodwill 13,308 13,085
Other intangible assets, net 10,446 10,462
Long-term restricted cash and cash equivalents 354 330
Other non-current assets 925 981
Total other non-current assets 25,033 24,858
Total assets 90,930 92,791
Current liabilities:    
Accounts payable and accrued liabilities 518 521
Section 31 fees payable 167 105
Accrued salaries and benefits 177 280
Deferred revenue 360 135
Short-term debt 1,303 951
Margin deposits, guaranty funds and delivery contracts payable 61,353 63,955
Other current liabilities 253 161
Total current liabilities 64,131 66,108
Non-current liabilities:    
Non-current deferred tax liability, net 2,296 2,337
Long-term debt 6,494 6,490
Accrued employee benefits 200 204
Non-current operating lease liability 298  
Other non-current liabilities 293 350
Total non-current liabilities 9,581 9,381
Total liabilities 73,712 75,489
Commitments and contingencies
Redeemable non-controlling interest in consolidated subsidiaries 72 71
Intercontinental Exchange, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value; 100 shares authorized; no shares issued or outstanding at June 30, 2019 and December 31, 2018 0 0
Common stock, $0.01 par value; 1,500 shares authorized; 606 and 604 shares issued at June 30, 2019 and December 31, 2018, respectively, and 561 and 569 shares outstanding at June 30, 2019 and December 31, 2018, respectively 6 6
Treasury stock, at cost; 45 and 35 shares at June 30, 2019 and December 31, 2018, respectively (3,194) (2,354)
Additional paid-in capital 11,651 11,547
Retained earnings 8,961 8,317
Accumulated other comprehensive loss (309) (315)
Total Intercontinental Exchange, Inc. stockholders’ equity 17,115 17,201
Non-controlling interest in consolidated subsidiaries 31 30
Total equity 17,146 17,231
Total liabilities and equity $ 90,930 $ 92,791