Cash Flow Information

12 Months Ended

Dec. 31, 2023

Supplemental Cash Flow Elements [Abstract]

Cash Flow Information

NOTE 18 – CASH FLOW INFORMATION

The following table shows supplemental cash flow information for the years ended December 31:

	2023		2022		2021
Cash paid for interest	$	282	$	141	$	94
Cash paid for taxes	$	33	$	17	$	13
Non-cash activities:
Issuance of general partnership interests through    partnership loans in current year	$	319	$	276	$	222
Repayment of partnership loans through distributions    from partnership capital in current year	$	157	$	191	$	225
Declared distributions for retired partnership capital    in current year but unpaid at year end(1)	$	140	$	219	$	254

(1)Declared distributions for retired Partnership capital are included in the accounts payable, accrued expenses and other line of the Consolidated Statements of Financial Condition.

The following table reconciles certain line items in the Consolidated Statements of Financial Condition to the cash, cash equivalents and restricted cash balance in the Consolidated Statements of Cash Flows for the years ended December 31:

	2023		2022		2021
Cash and cash equivalents	$	1,645	$	1,882	$	1,835
Cash and investments segregated under federal regulations		15,565		17,827		20,179
Less: Investments segregated under federal regulations		11,393		11,327		14,308
Total cash, cash equivalents and restricted cash	$	5,817	$	8,382	$	7,706

Restricted cash represents cash segregated in special reserve bank accounts for the benefit of U.S. clients pursuant to the Customer Protection Rule 15c3-3 under the Exchange Act.