Consolidated Statements of Financial Condition - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
ASSETS:
Cash and cash equivalents	$ 1,882	$ 1,835
Cash and investments segregated under federal regulations	17,827	20,179
Securities purchased under agreements to resell	437	1,529
Receivable from:
Clients	4,375	4,187
Mutual funds, insurance companies and other	850	850
Brokers, dealers and clearing organizations	400	213
Securities owned, at fair value:
Investment securities	1,329	852
Inventory securities	76	38
Lease right-of-use assets	922	922
Fixed assets, at cost, net of accumulated depreciation and amortization	862	725
Other assets	932	878
TOTAL ASSETS	29,892	32,208
Payable to:
Clients	21,359	23,763
Brokers, dealers and clearing organizations	392	112
Accrued compensation and employee benefits	2,165	2,401
Accounts payable, accrued expenses and other	1,199	1,223
Lease liabilities	958	954
Total liabilities before partnership capital	26,073	28,453
Commitments and contingencies (Notes 13 and 14)
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	3,355	3,235
Reserve for anticipated withdrawals	464	520
Total partnership capital subject to mandatory redemption	3,819	3,755
TOTAL LIABILITIES	29,892	32,208
Limited Partnership Capital [Member]
Payable to:
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	1,212	1,225
Subordinated Limited Partnership Capital [Member]
Payable to:
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	618	581
General Partnership Capital [Member]
Payable to:
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	$ 1,525	$ 1,429