CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 6,191.0	$ 6,253.0
Cash and securities segregated under federal and other regulations	4,458.0	3,992.0
Receivables from brokers, dealers, and clearing organizations	124.0	88.0
Receivables from users, net	5,215.0	6,639.0
Deposits with clearing organizations	294.0	328.0
User-held fractional shares	1,929.0	1,834.0
Investments	40.0	27.0
Prepaid expenses	75.0	92.0
Other current assets	29.0	30.0
Total current assets	18,355.0	19,283.0
Property, software, and equipment, net	166.0	146.0
Goodwill	100.0	101.0
Intangible assets, net	32.0	34.0
Restricted cash	24.0	24.0
Operating lease right-of-use-assets	155.0	129.0
Non-current prepaid expenses	35.0	44.0
Other non-current assets	5.0	8.0
Total assets	18,872.0	19,769.0
Current liabilities:
Accounts payable and accrued expenses	249.0	252.0
Payables to users	7,149.0	6,476.0
Securities loaned	2,150.9	3,651.0
Fractional shares repurchase obligation	1,929.0	1,834.0
Operating lease liabilities	23.0	22.0
Other current liabilities	80.0	112.0
Total current liabilities	11,581.0	12,347.0
Operating lease liabilities, non-current	160.0	129.0
Total liabilities	11,741.0	12,476.0
Commitments and contingencies (Note 13)
Stockholders’ equity:
Additional paid-in capital	11,400.0	11,169.0
Accumulated other comprehensive income (loss)	0.0	1.0
Accumulated deficit	(4,269.0)	(3,877.0)
Total stockholders’ equity	7,131.0	7,293.0
Total liabilities and stockholders’ equity	18,872.0	19,769.0
Common Class A
Stockholders’ equity:
Common stock, value	0.0	0.0
Common Class B
Stockholders’ equity:
Common stock, value	0.0	0.0
Common Class C
Stockholders’ equity:
Common stock, value	$ 0.0	$ 0.0