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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues:        
Total revenues $ 1,634 $ 1,556 $ 3,217 $ 3,136
Transaction-based expenses:        
Section 31 fees 100 90 169 211
Cash liquidity payments, routing and clearing 236 220 480 454
Total revenues, less transaction-based expenses 1,298 1,246 2,568 2,471
Operating expenses:        
Compensation and benefits 259 241 507 481
Professional services 29 29 62 59
Acquisition-related transaction and integration costs 1 15 1 27
Technology and communication 113 108 220 213
Rent and occupancy 18 16 35 33
Selling, general and administrative 41 39 83 72
Depreciation and amortization 157 143 315 281
Total operating expenses 618 591 1,223 1,166
Operating income 680 655 1,345 1,305
Other income (expense):        
Interest income 10 5 19 9
Interest expense (71) (55) (142) (107)
Other income, net 9 6 32 21
Other income (expense), net (52) (44) (91) (77)
Income before income tax expense 628 611 1,254 1,228
Income tax expense 150 149 284 292
Net income 478 462 970 936
Net income attributable to non-controlling interest (6) (7) (14) (17)
Net income attributable to Intercontinental Exchange, Inc. $ 472 $ 455 $ 956 $ 919
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:        
Basic (in dollars per share) $ 0.84 $ 0.79 $ 1.69 $ 1.59
Diluted (in dollars per share) $ 0.84 $ 0.78 $ 1.68 $ 1.58
Weighted average common shares outstanding:        
Basic (in shares) 563 578 565 580
Diluted (in shares) 566 581 568 583
Transaction and clearing, net        
Revenues:        
Total revenues $ 907 $ 864 $ 1,769 $ 1,762
Data services        
Revenues:        
Total revenues 553 526 1,099 1,046
Listings        
Revenues:        
Total revenues 111 111 222 220
Other revenues        
Revenues:        
Total revenues $ 63 $ 55 $ 127 $ 108