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Revenue Recognition (Tables)
 12 Months Ended
Dec. 31, 2024
Revenue Recognition and Deferred Revenue [Abstract]  
Schedule of Disaggregation of Revenue
The following table depicts the disaggregation of our revenue according to business line and segment (in millions). Amounts here have been aggregated as they follow consistent revenue recognition patterns, and are consistent with the segment information in Note 19:
 Exchanges SegmentFixed Income and Data Services SegmentMortgage Technology SegmentTotal Consolidated
Year ended December 31, 2024
Total revenues(1)
$7,441 $2,298 $2,022 $11,761 
Transaction-based expenses2,482 — — 2,482 
Total revenues, less transaction-based expenses$4,959 $2,298 $2,022 $9,279 
Timing of Revenue Recognition
Services transferred at a point in time$3,030 $427 $451 $3,908 
Services transferred over time1,929 1,871 1,571 5,371 
Total revenues, less transaction-based expenses$4,959 $2,298 $2,022 $9,279 
(1)    Included in total revenues is revenue related to net interest income earned on cash margin received from clearing members at certain ICE clearing houses. These amounts were $100 million and $137 million recorded in Exchanges and Fixed Income and Data Services segments, respectively.
 Exchanges SegmentFixed Income and Data Services SegmentMortgage Technology SegmentTotal Consolidated
Year ended December 31, 2023
Total revenues(1)
$6,355 $2,231 $1,317 $9,903 
Transaction-based expenses1,915 — — 1,915 
Total revenues, less transaction-based expenses$4,440 $2,231 $1,317 $7,988 
Timing of Revenue Recognition
Services transferred at a point in time$2,576 $453 $341 $3,370 
Services transferred over time1,864 1,778 976 4,618 
Total revenues, less transaction-based expenses$4,440 $2,231 $1,317 $7,988 
(1)    Included in total revenues is revenue related to net interest income earned on cash margin received from clearing members at certain ICE clearing houses. These amounts were $84 million and $157 million recorded in Exchanges and Fixed Income and Data Services segments, respectively.
 Exchanges SegmentFixed Income and Data Services SegmentMortgage Technology SegmentTotal Consolidated
Year ended December 31, 2022
Total revenues(1)
$6,415 $2,092 $1,129 $9,636 
Transaction-based expenses2,344 — — 2,344 
Total revenues, less transaction-based expenses$4,071 $2,092 $1,129 $7,292 
Timing of Revenue Recognition
Services transferred at a point in time$2,307 $370 $455 $3,132 
Services transferred over time1,764 1,722 674 4,160 
Total revenues, less transaction-based expenses$4,071 $2,092 $1,129 $7,292 
(1)    Included in total revenues is revenue related to net interest income earned on cash margin received from clearing members at certain ICE clearing houses. These amounts were $149 million and $86 million recorded in Exchanges and Fixed Income and Data Services segments, respectively.
The components of services transferred over time for each of our segments are as follows:
Year ended December 31,
 202420232022
Exchanges Segment:
Data services revenues
$947 $933 $877 
Services transferred over time related to risk management of open interest performance obligations
$376 $312 $262 
Services transferred over time related to listings$489 $497 $515 
Services transferred over time related to regulatory fees, trading permits, and software licenses$117 $122 $110 
Total
$1,929 $1,864 $1,764 
Fixed Income Data Services Segment:
Data services revenues$1,838 $1,747 $1,686 
Services transferred over time related to risk management of open interest performance obligations in our CDS business$33 $31 $36 
Total
$1,871 $1,778 $1,722 
Mortgage Technology Segment:
Recurring revenues$1,555 $961 $643 
Other$16 $15 $31 
Total$1,571 $976 $674 
Total consolidated revenues transferred over time$5,371 $4,618 $4,160