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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenues:        
Total revenues $ 2,413 $ 2,134 $ 4,872 $ 4,563
Transaction-based expenses:        
Section 31 fees 123 41 174 166
Cash liquidity payments, routing and clearing 476 386 985 893
Total revenues, less transaction-based expenses 1,814 1,707 3,713 3,504
Operating expenses:        
Compensation and benefits 355 365 714 719
Professional services 35 37 69 81
Acquisition-related transaction and integration costs 53 10 62 28
Technology and communication 169 165 344 327
Rent and occupancy 20 20 41 41
Selling, general and administrative 57 60 112 111
Depreciation and amortization 256 251 510 506
Total operating expenses 945 908 1,852 1,813
Operating income 869 799 1,861 1,691
Other income/(expense):        
Interest income 8 0 9 0
Interest expense (161) (106) (264) (213)
Other income/(expense), net 23 1,239 (35) 1,287
Other income/(expense), net (130) 1,133 (290) 1,074
Income before income tax expense 739 1,932 1,571 2,765
Income tax expense 173 679 338 862
Net income 566 1,253 1,233 1,903
Net income attributable to non-controlling interest (11) (1) (21) (5)
Net income attributable to Intercontinental Exchange, Inc. $ 555 $ 1,252 $ 1,212 $ 1,898
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:        
Basic (in dollars per share) $ 0.99 $ 2.23 $ 2.17 $ 3.38
Diluted (in dollars per share) $ 0.99 $ 2.22 $ 2.16 $ 3.36
Weighted average common shares outstanding:        
Basic (in shares) 558 563 560 562
Diluted (in shares) 560 565 562 565
Exchanges        
Revenues:        
Total revenues $ 1,604 $ 1,336 $ 3,247 $ 2,942
Fixed income and data services        
Revenues:        
Total revenues 512 458 1,021 926
Mortgage technology        
Revenues:        
Total revenues $ 297 $ 340 $ 604 $ 695