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Consolidated Statements of Income (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 24, 2021
Sep. 30, 2022
Sep. 24, 2021
Revenue:        
Revenue $ 2,968 $ 3,109 $ 9,040 $ 8,923
Interest and dividends 159 42 279 120
Other (loss) revenue, net (37) 13 (135) 55
Total revenue 3,090 3,164 9,184 9,098
Interest expense 40 24 87 71
Net revenue 3,050 3,140 9,097 9,027
Operating expenses:        
Compensation and benefits 2,153 2,202 6,387 6,389
Occupancy and equipment 146 138 433 407
Communications and data processing 181 132 486 351
Fund sub-adviser fees 63 64 189 179
Professional and consulting fees 45 40 129 105
Other operating expenses 143 164 438 373
Total operating expenses 2,731 2,740 8,062 7,804
Income before allocations to partners 319 400 1,035 1,223
Allocations to partners:        
Limited partners 37 52 122 159
Subordinated limited partners 38 47 122 145
General partners 244 301 791 919
Net Income (Loss) Attributable to Parent, Total $ 0 $ 0 $ 0 $ 0
Income allocated to limited partners per weighted average $1,000 equivalent limited partnership unit outstanding $ 30.76 $ 42.13 $ 99.98 $ 128.87
Weighted average $1,000 equivalent limited partnership units outstanding 1,217,423 1,229,280 1,222,023 1,232,521
Total Fee Revenue [Member]        
Revenue:        
Revenue $ 2,613 $ 2,707 $ 7,904 $ 7,642
Asset-based Fee Revenue [Member]        
Revenue:        
Revenue 2,438 2,535 7,385 7,129
Account and Activity Fee Revenue [Member]        
Revenue:        
Revenue 175 172 519 513
Trade Revenue [Member]        
Revenue:        
Revenue $ 355 $ 402 $ 1,136 $ 1,281