Consolidated Statements of Financial Condition - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
ASSETS:
Cash and cash equivalents	$ 1,835	$ 1,125
Cash and investments segregated under federal regulations	20,179	17,918
Securities purchased under agreements to resell	1,529	1,714
Receivable from:
Clients	4,187	3,504
Mutual funds, insurance companies and other	850	818
Brokers, dealers and clearing organizations	213	223
Securities owned, at fair value:
Investment securities	852	1,302
Inventory securities	38	32
Lease right-of-use assets	922	915
Fixed assets, at cost, net of accumulated depreciation and amortization	725	620
Other assets	878	683
TOTAL ASSETS	32,208	28,854
Payable to:
Clients	23,763	21,241
Brokers, dealers and clearing organizations	112	96
Accrued compensation and employee benefits	2,401	2,104
Accounts payable, accrued expenses and other	1,223	886
Lease liabilities	954	938
Total liabilities before partnership capital	28,453	25,265
Commitments and contingencies (Notes 13 and 14)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	3,235	3,075
Reserve for anticipated withdrawals	520	514
Total partnership capital subject to mandatory redemption	3,755	3,589
TOTAL LIABILITIES	32,208	28,854
Limited Partnership Capital [Member]
Payable to:
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	1,225	1,237
Subordinated Limited Partnership Capital [Member]
Payable to:
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	581	538
General Partnership Capital [Member]
Payable to:
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	$ 1,429	$ 1,300