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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 2,877 $ 1,799
Short-term restricted cash and cash equivalents 5,413 6,149
Restricted short-term investments 735 0
Cash and cash equivalent margin deposits and guaranty funds 86,917 141,990
Invested deposits, delivery contracts receivable and unsettled variation margin 1,412 5,382
Customer accounts receivable, net of allowance for doubtful accounts of $25 and $22 at June 30, 2023 and December 31, 2022, respectively 1,313 1,169
Prepaid expenses and other current assets 555 458
Total current assets 99,222 156,947
Property and equipment, net 1,718 1,767
Other non-current assets:    
Goodwill 21,134 21,111
Other intangible assets, net 12,814 13,090
Long-term restricted cash and cash equivalents 205 405
Long-term restricted investments 199 0
Other non-current assets 991 1,018
Total other non-current assets 35,343 35,624
Total assets 136,283 194,338
Current liabilities:    
Accounts payable and accrued liabilities 919 866
Section 31 fees payable 173 223
Accrued salaries and benefits 226 352
Deferred revenue 437 170
Short-term debt 0 4
Margin deposits and guaranty funds 86,917 141,990
Invested deposits, delivery contracts payable and unsettled variation margin 1,412 5,382
Other current liabilities 120 184
Total current liabilities 90,204 149,171
Non-current liabilities:    
Non-current deferred tax liability, net 3,256 3,493
Long-term debt 18,128 18,118
Accrued employee benefits 156 160
Non-current operating lease liability 218 254
Other non-current liabilities 432 381
Total non-current liabilities 22,190 22,406
Total liabilities 112,394 171,577
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; 636 and 634 issued at June 30, 2023 and December 31, 2022, respectively, and 560 and 559 shares outstanding at June 30, 2023 and December 31, 2022, respectively 6 6
Treasury stock, at cost; 76 and 75 shares at June 30, 2023 and December 31, 2022, respectively (6,276) (6,225)
Additional paid-in capital 14,449 14,313
Retained earnings 15,925 14,943
Accumulated other comprehensive loss (284) (331)
Total Intercontinental Exchange, Inc. stockholders’ equity 23,820 22,706
Non-controlling interest in consolidated subsidiaries 69 55
Total equity 23,889 22,761
Total liabilities and equity $ 136,283 $ 194,338