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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 841 $ 724
Short-term restricted cash and cash equivalents 943 818
Customer accounts receivable, net of allowance for doubtful accounts of $8 and $7, respectively 988 953
Margin deposits, guaranty funds and delivery contracts receivable 64,987 63,955
Prepaid expenses and other current assets 220 242
Total current assets 67,979 66,692
Property and equipment, net 1,536  
Property and equipment, net   1,241
Other non-current assets:    
Goodwill 13,342 13,085
Other intangible assets, net 10,258 10,462
Long-term restricted cash and cash equivalents 404 330
Other non-current assets 974 981
Total other non-current assets 24,978 24,858
Total assets 94,493 92,791
Current liabilities:    
Accounts payable and accrued liabilities 505 521
Section 31 fees payable 138 105
Accrued salaries and benefits 291 280
Deferred revenue 129 135
Short-term debt 2,569 951
Margin deposits, guaranty funds and delivery contracts payable 64,987 63,955
Other current liabilities 197 161
Total current liabilities 68,816 66,108
Non-current liabilities:    
Non-current deferred tax liability, net 2,314 2,337
Long-term debt 5,250 6,490
Accrued employee benefits 198 204
Non-current operating lease liability 281 0
Other non-current liabilities 270 350
Total non-current liabilities 8,313 9,381
Total liabilities 77,129 75,489
Commitments and contingencies:
Redeemable non-controlling interest in consolidated subsidiaries 78 71
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; 607 and 554 shares issued and outstanding at December 31, 2019, respectively, and 604 and 569 shares issued and outstanding at December 31, 2018, respectively 6 6
Treasury stock, at cost; 53 and 35 shares, respectively (3,879) (2,354)
Additional paid-in capital 11,742 11,547
Retained earnings 9,629 8,317
Accumulated other comprehensive loss (243) (315)
Total Intercontinental Exchange, Inc. stockholders’ equity 17,255 17,201
Non-controlling interest in consolidated subsidiaries 31 30
Total equity 17,286 17,231
Total liabilities and equity $ 94,493 $ 92,791