Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Millions	Mar. 28, 2025	Dec. 31, 2024
ASSETS:
Cash and cash equivalents	$ 2,251	$ 2,273
Cash and investments segregated under federal regulations	14,072	15,112
Securities purchased under agreements to resell	984	1,390
Receivables from:
Clients	4,521	4,350
Mutual funds, insurance companies and other	1,062	967
Brokers, dealers and clearing organizations	416	350
Securities owned, at fair value:
Investment securities	625	679
Inventory securities	138	63
Fixed assets, at cost, net of accumulated depreciation and amortization	1,452	1,397
Lease right-of-use assets	1,099	1,085
Other assets	1,360	1,298
TOTAL ASSETS	27,980	28,964
Payables to
Clients	18,043	18,189
Brokers, dealers and clearing organizations	167	68
Accrued compensation and employee benefits	2,452	3,144
Accounts payable, accrued expenses and other	1,328	1,529
Lease liabilities	1,135	1,125
Total liabilities before partnership capital	23,125	24,055
Contingencies (Note 7)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	4,406	4,201
Reserve for anticipated withdrawals	449	708
Total partnership capital and profits interests subject to mandatory redemption	4,855	4,909
TOTAL LIABILITIES	27,980	28,964
Limited Partnership Capital [Member]
Payables to
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	1,734	1,727
Subordinated Limited Partnership Capital [Member]
Payables to
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	760	721
General Partnership Capital [Member]
Payables to
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	$ 1,912	$ 1,753