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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 25, 2022
Mar. 26, 2021
Revenue:    
Revenue $ 3,064 $ 2,821
Interest and dividends 44 38
Other (loss) revenue, net (52) 18
Total revenue 3,056 2,877
Interest expense 23 24
Net revenue 3,033 2,853
Operating expenses:    
Compensation and benefits 2,148 2,039
Occupancy and equipment 143 134
Communications and data processing 146 104
Fund sub-adviser fees 63 56
Professional and consulting fees 40 31
Other operating expenses 132 109
Total operating expenses 2,672 2,473
Income before allocations to partners 361 380
Allocations to partners:    
Limited partners 43 49
Subordinated limited partners 43 46
General partners 275 285
Net Income (Loss) Attributable to Parent, Total $ 0 $ 0
Income allocated to limited partners per weighted average $1,000 equivalent limited partnership unit outstanding $ 34.91 $ 40.08
Weighted average $1,000 equivalent limited partnership units outstanding 1,226,276 1,236,881
Total Fee Revenue [Member]    
Revenue:    
Revenue $ 2,675 $ 2,379
Asset-based Fee Revenue [Member]    
Revenue:    
Revenue 2,503 2,209
Account and Activity Fee Revenue [Member]    
Revenue:    
Revenue 172 170
Trade Revenue [Member]    
Revenue:    
Revenue $ 389 $ 442