As of March 31, 2023 and December 31, 2022, collateral held for receivables from clients was $4,759 and $5,094, respectively, and collateral held for securities purchased under agreements to resell was $656 and $441, respectively. Given the nature of the agreements, the Partnership does not expect the fair value of collateral to fall below the value of the agreements frequently or for an extended period of time. Therefore, the expected credit loss was zero for each period. Additionally, partnership loan values remained below the value of capital allocated to partners, resulting in an expected credit loss of zero as of March 31, 2023 and December 31, 2022.

As of March 31, 2023, December 31, 2022 and December 31, 2021, $672, $637 and $695, respectively, of the receivable from clients balance and $297, $328 and $335, respectively, of the receivable from mutual funds, insurance companies and other balance related to revenue contracts with customers. The related fees are paid out of client accounts or third-party products consisting of cash and securities, and the collateral value of those accounts continues to exceed the amortized cost basis of these receivables, resulting in a remote risk of loss. The expected credit loss for receivables from contracts with customers was zero as of March 31, 2023 and December 31, 2022.

The following table shows the Partnership's disaggregated revenue information. See Note 8 for segment information.


	Three Months Ended March 31, 2023						Three Months Ended March 25, 2022
	U.S.		Canada		Total		U.S.			Canada		Total
Fee revenue:
Asset-based fee revenue:
Advisory programs fees	$	1,810	$	37	$	1,847	$	1,890		$	37	$	1,927
Service fees		336		25		361		379			29		408
Cash solutions fees		135		—		135		8			—		8
Other asset-based fees		158		—		158		160			—		160
Total asset-based fee revenue		2,439		62		2,501		2,437			66		2,503
Account and activity fee revenue:
Shareholder accounting services fees		115		—		115		111			—		111
Other account and activity fee revenue		66		3		69		58			3		61
Total account and activity fee revenue		181		3		184		169			3		172
Total fee revenue		2,620		65		2,685		2,606			69		2,675
Trade revenue:
Commissions		278		10		288		366			12		378
Principal transactions		50		2		52		10			1		11
Total trade revenue		328		12		340		376			13		389
Total revenue from customers		2,948		77		3,025		2,982			82		3,064
Net interest and dividends and other revenue (loss)		242		18		260		(38	)		7		(31	)
Net revenue	$	3,190	$	95	$	3,285	$	2,944		$	89	$	3,033