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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 755 $ 899
Short-term restricted cash and cash equivalents 1,243 531
Short-term restricted investments 500 680
Cash and cash equivalent margin deposits and guaranty funds 78,774 78,980
Invested deposits, delivery contracts receivable and unsettled variation margin 1,119 1,814
Customer accounts receivable, net of allowance for doubtful accounts of $21 for both September 30, 2024 and December 31, 2023 1,565 1,366
Prepaid expenses and other current assets 739 703
Total current assets 84,695 84,973
Property and equipment, net 2,029 1,923
Other non-current assets:    
Goodwill 30,598 30,553
Other intangible assets, net 16,573 17,317
Long-term restricted cash and cash equivalents 370 340
Other non-current assets 936 978
Total other non-current assets 48,477 49,188
Total assets 135,201 136,084
Current liabilities:    
Accounts payable and accrued liabilities 1,045 1,003
Section 31 fees payable 76 79
Accrued salaries and benefits 353 459
Deferred revenue 375 200
Short-term debt 2,619 1,954
Margin deposits and guaranty funds 78,774 78,980
Invested deposits, delivery contracts payable and unsettled variation margin 1,119 1,814
Other current liabilities 201 137
Total current liabilities 84,562 84,626
Non-current liabilities:    
Non-current deferred tax liability, net 3,855 4,080
Long-term debt 18,581 20,659
Accrued employee benefits 178 193
Non-current operating lease liability 318 299
Other non-current liabilities 434 441
Total non-current liabilities 23,366 25,672
Total liabilities 107,928 110,298
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; 651 and 649 issued; and 574 and 573 shares outstanding at September 30, 2024 and December 31, 2023, respectively 7 6
Treasury stock, at cost; 77 and 76 shares at September 30, 2024 and December 31, 2023, respectively (6,381) (6,304)
Additional paid-in capital 16,226 15,953
Retained earnings 17,632 16,356
Accumulated other comprehensive loss (251) (294)
Total Intercontinental Exchange, Inc. stockholders’ equity 27,233 25,717
Non-controlling interest in consolidated subsidiaries 40 69
Total equity 27,273 25,786
Total liabilities and equity $ 135,201 $ 136,084