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Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,069 $ 1,799
Short-term restricted cash and cash equivalents 6,145 6,149
Cash and cash equivalent margin deposits and guaranty funds 102,072 141,990
Invested deposits, delivery contracts receivable and unsettled variation margin 1,897 5,382
Customer accounts receivable, net of allowance for doubtful accounts of $21 and $22 at March 31, 2023 and December 31, 2022, respectively 1,650 1,169
Prepaid expenses and other current assets 503 458
Total current assets 114,336 156,947
Property and equipment, net 1,727 1,767
Other non-current assets:    
Goodwill 21,120 21,111
Other intangible assets, net 12,946 13,090
Long-term restricted cash and cash equivalents 405 405
Other non-current assets 1,016 1,018
Total other non-current assets 35,487 35,624
Total assets 151,550 194,338
Current liabilities:    
Accounts payable and accrued liabilities 949 866
Section 31 fees payable 118 223
Accrued salaries and benefits 146 352
Deferred revenue 562 170
Short-term debt 0 4
Margin deposits and guaranty funds 102,072 141,990
Invested deposits, delivery contracts payable and unsettled variation margin 1,897 5,382
Other current liabilities 262 184
Total current liabilities 106,006 149,171
Non-current liabilities:    
Non-current deferred tax liability, net 3,409 3,493
Long-term debt 18,123 18,118
Accrued employee benefits 157 160
Non-current operating lease liability 233 254
Other non-current liabilities 411 381
Total non-current liabilities 22,333 22,406
Total liabilities 128,339 171,577
Commitments and contingencies
Intercontinental Exchange, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value; 100 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value; 1,500 shares authorized; 635 and 634 issued at March 31, 2023 and December 31, 2022, respectively, and 559 shares outstanding for both March 31, 2023 and December 31, 2022 6 6
Treasury stock, at cost; 76 and 75 shares at March 31, 2023 and December 31, 2022, respectively (6,274) (6,225)
Additional paid-in capital 14,388 14,313
Retained earnings 15,362 14,943
Accumulated other comprehensive loss (315) (331)
Total Intercontinental Exchange, Inc. stockholders’ equity 23,167 22,706
Non-controlling interest in consolidated subsidiaries 44 55
Total equity 23,211 22,761
Total liabilities and equity $ 151,550 $ 194,338