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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 2,801 $ 2,472
Transaction-based expenses:    
Section 31 fees 67 119
Cash liquidity payments, routing and clearing 444 457
Total revenues, less transaction-based expenses 2,290 1,896
Operating expenses:    
Compensation and benefits 462 352
Professional services 36 28
Acquisition-related transaction and integration costs 36 21
Technology and communication 205 172
Rent and occupancy 29 20
Selling, general and administrative 78 74
Depreciation and amortization 381 260
Total operating expenses 1,227 927
Operating income 1,063 969
Other income/(expense):    
Interest income 30 91
Interest expense (241) (176)
Other income/(expense), net 112 (35)
Total other income/(expense), net (99) (120)
Income before income tax expense 964 849
Income tax expense 181 175
Net income 783 674
Net income attributable to non-controlling interest (16) (19)
Net income attributable to Intercontinental Exchange, Inc. $ 767 $ 655
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:    
Basic (in dollars per share) $ 1.34 $ 1.17
Diluted (in dollars per share) $ 1.33 $ 1.17
Weighted average common shares outstanding:    
Basic (in shares) 573 559
Diluted (in shares) 575 561
Exchanges    
Revenues:    
Total revenues $ 1,734 $ 1,673
Fixed income and data services    
Revenues:    
Total revenues 568 563
Mortgage technology    
Revenues:    
Total revenues $ 499 $ 236