Consolidated Statements of Financial Condition - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
ASSETS:
Cash and cash equivalents	$ 1,645	$ 1,882
Cash and investments segregated under federal regulations	15,565	17,827
Securities purchased under agreements to resell	1,139	437
Receivables from:
Clients	3,922	4,375
Mutual funds, insurance companies and other	891	850
Brokers, dealers and clearing organizations	429	400
Securities owned, at fair value:
Investment securities	1,069	1,329
Inventory securities	88	76
Lease right-of-use assets	1,029	922
Fixed assets, at cost, net of accumulated depreciation and amortization	1,093	862
Other assets	1,133	932
TOTAL ASSETS	28,003	29,892
Payables to:
Clients	18,246	21,359
Brokers, dealers and clearing organizations	131	392
Accrued compensation and employee benefits	2,506	2,165
Accounts payable, accrued expenses and other	1,427	1,199
Lease liabilities	1,066	958
Total liabilities before partnership capital	23,376	26,073
Commitments and contingencies (Notes 13 and 14)
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	4,049	3,355
Reserve for anticipated withdrawals	578	464
Total partnership capital subject to mandatory redemption	4,627	3,819
TOTAL LIABILITIES	28,003	29,892
Limited Partnership Capital [Member]
Payables to:
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	1,750	1,212
Subordinated Limited Partnership Capital [Member]
Payables to:
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	666	618
General Partnership Capital [Member]
Payables to:
Minimum Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	$ 1,633	$ 1,525