XML 47 R4.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues:        
Total revenues $ 1,930 $ 1,663 $ 6,011 $ 4,880
Transaction-based expenses:        
Transaction-based expenses 519 327 1,646 976
Total revenues, less transaction-based expenses 1,411 1,336 4,365 3,904
Operating expenses:        
Compensation and benefits 298 261 849 768
Professional services 37 35 100 97
Acquisition-related transaction and integration costs 76 0 90 1
Technology and communication 131 126 388 346
Rent and occupancy 19 17 59 52
Selling, general and administrative 43 33 132 116
Depreciation and amortization 180 158 494 473
Total operating expenses 784 630 2,112 1,853
Operating income 627 706 2,253 2,051
Other income (expense):        
Interest income 1 8 9 27
Interest expense (89) (72) (245) (214)
Other income, net 44 (2) 75 30
Other income (expense), net (44) (66) (161) (157)
Income before income tax expense 583 640 2,092 1,894
Income tax expense 189 103 512 387
Net income 394 537 1,580 1,507
Net income attributable to non-controlling interest (4) (8) (17) (22)
Net income attributable to Intercontinental Exchange, Inc. $ 390 $ 529 $ 1,563 $ 1,485
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:        
Basic (in dollars per share) $ 0.71 $ 0.95 $ 2.85 $ 2.64
Diluted (in dollars per share) $ 0.71 $ 0.94 $ 2.83 $ 2.62
Weighted average common shares outstanding:        
Basic (in shares) 548 559 549 563
Diluted (in shares) 551 563 552 566
Transaction and clearing, net        
Revenues:        
Total revenues $ 1,155 $ 929 $ 3,726 $ 2,698
Data services        
Revenues:        
Total revenues 589 553 1,727 1,652
Listings        
Revenues:        
Total revenues 111 114 334 336
Other revenues        
Revenues:        
Total revenues 75 67 224 194
Section 31 fees        
Transaction-based expenses:        
Transaction-based expenses 145 105 465 274
Cash liquidity payments, routing and clearing        
Transaction-based expenses:        
Transaction-based expenses $ 374 $ 222 $ 1,181 $ 702