Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial data for our business segments is as follows in 2021, 2020 and 2019 (in millions):

	Year Ended December 31, 2021
	Exchanges		Fixed Income and Data Services		Mortgage Technology		Consolidated
Revenues:
Energy futures and options	$	1,236	$	—	$	—	$	1,236
Agricultural and metals futures and options	228		—		—		228
Financial futures and options	394		—		—		394
Cash equities and equity options	2,377		—		—		2,377
OTC and other	326		—		—		326
Data and connectivity services	838		—		—		838
Listings	479		—		—		479
Fixed income execution	—		52		—		52
CDS clearing	—		192		—		192
Fixed income data and analytics	—		1,082		—		1,082
Other data and network services	—		557		—		557
Origination technology	—		—		971		971
Closing solutions	—		—		310		310
Data and analytics	—		—		73		73
Other	—		—		53		53
Revenues	5,878		1,883		1,407		9,168
Transaction-based expenses	2,022		—		—		2,022
Revenues, less transaction-based expenses	3,856		1,883		1,407		7,146
Operating expenses	1,333		1,354		1,010		3,697
Operating income	$	2,523	$	529	$	397	$	3,449

	Year Ended December 31, 2020
	Exchanges		Fixed Income and Data Services		Mortgage Technology		Consolidated
Revenues:
Energy futures and options	$	1,120	$	—	$	—	$	1,120
Agricultural and metals futures and options	245		—		—		245
Financial futures and options	357		—		—		357
Cash equities and equity options	2,585		—		—		2,585
OTC and other	296		—		—		296
Data and connectivity services	790		—		—		790
Listings	446		—		—		446
Fixed income execution	—		70		—		70
CDS clearing	—		208		—		208
Fixed income data and analytics	—		1,018		—		1,018
Other data and network services	—		514		—		514
Origination technology	—		—		316		316
Closing solutions	—		—		238		238
Data and analytics	—		—		22		22
Other	—		—		19		19
Revenues	5,839		1,810		595		8,244
Transaction-based expenses	2,208		—		—		2,208
Revenues, less transaction-based expenses	3,631		1,810		595		6,036
Operating expenses	1,242		1,318		443		3,003
Operating income	$	2,389	$	492	$	152	$	3,033

	Year Ended December 31, 2019
	Exchanges		Fixed Income and Data Services		Mortgage Technology		Consolidated
Revenues:
Energy futures and options	$	992	$	—	$	—	$	992
Agricultural and metals futures and options	251		—		—		251
Financial futures and options	332		—		—		332
Cash equities and equity options	1,643		—		—		1,643
OTC and other	233		—		—		233
Data and connectivity services	752		—		—		752
Listings	449		—		—		449
Fixed income execution	—		83		—		83
CDS clearing	—		214		—		214
Fixed income data and analytics	—		969		—		969
Other data and network services	—		490		—		490
Origination technology	—		—		—		—
Closing solutions	—		—		135		135
Data and analytics	—		—		—		—
Other	—		—		4		4
Revenues	4,652		1,756		139		6,547
Transaction-based expenses	1,345		—		—		1,345
Revenues, less transaction-based expenses	3,307		1,756		139		5,202
Operating expenses	1,140		1,317		72		2,529
Operating income	$	2,167	$	439	$	67	$	2,673

Schedule of Geographical Segments

The following represents our revenues, less transaction-based expenses, net assets and net property and equipment based on the geographic location (in millions):

	United States		Foreign Countries		Total
Revenues, less transaction-based expenses:
Year ended December 31, 2021	$	4,832	$	2,314	$	7,146
Year ended December 31, 2020	$	3,933	$	2,103	$	6,036
Year ended December 31, 2019	$	3,290	$	1,912	$	5,202
Net assets:
As of December 31, 2021	$	14,628	$	8,120	$	22,748
As of December 31, 2020	$	11,351	$	8,183	$	19,534
Property and equipment, net:
As of December 31, 2021	$	1,494	$	205	$	1,699
As of December 31, 2020	$	1,506	$	207	$	1,713