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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 844 $ 899
Short-term restricted cash and cash equivalents 1,142 531
Short-term restricted investments 594 680
Cash and cash equivalent margin deposits and guaranty funds 82,149 78,980
Invested deposits, delivery contracts receivable and unsettled variation margin 2,163 1,814
Customer accounts receivable, net of allowance for doubtful accounts of $21 at December 31, 2024 and 2023 1,490 1,366
Prepaid expenses and other current assets 713 703
Total current assets 89,095 84,973
Property and equipment, net 2,153 1,923
Other non-current assets:    
Goodwill 30,595 30,553
Other intangible assets, net 16,306 17,317
Long-term restricted cash and cash equivalents 368 340
Other non-current assets 911 978
Total other non-current assets 48,180 49,188
Total assets 139,428 136,084
Current liabilities:    
Accounts payable and accrued liabilities 1,051 1,003
Section 31 fees payable 316 79
Accrued salaries and benefits 438 459
Deferred revenue 236 200
Short-term debt 3,027 1,954
Margin deposits and guaranty funds 82,149 78,980
Invested deposits, delivery contracts payable and unsettled variation margin 2,163 1,814
Other current liabilities 173 137
Total current liabilities 89,553 84,626
Non-current liabilities:    
Non-current deferred tax liability, net 3,904 4,080
Long-term debt 17,341 20,659
Accrued employee benefits 170 193
Non-current operating lease liability 335 299
Other non-current liabilities 405 441
Total non-current liabilities 22,155 25,672
Total liabilities 111,708 110,298
Commitments and contingencies
Redeemable non-controlling interest in consolidated subsidiaries 22 0
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 authorized; 651 and 574 shares issued and outstanding at December 31, 2024, respectively, and 649 and 573 shares issued and outstanding at December 31, 2023, respectively 7 6
Treasury stock, at cost; 77 and 76 shares at December 31, 2024 and December 31, 2023, respectively (6,385) (6,304)
Additional paid-in capital 16,292 15,953
Retained earnings 18,071 16,356
Accumulated other comprehensive loss (338) (294)
Total Intercontinental Exchange, Inc. stockholders’ equity 27,647 25,717
Non-controlling interests in consolidated subsidiaries 51 69
Total equity 27,698 25,786
Total liabilities and equity $ 139,428 $ 136,084