CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Unaudited) (USD $) In Millions, unless otherwise specified	Mar. 28, 2014	Dec. 31, 2013
ASSETS:
Cash and cash equivalents	$ 559	$ 600
Cash and investments segregated under federal regulations	8,251	8,435
Securities purchased under agreements to resell	675	1,026
Receivable from:
Clients	2,353	2,300
Mutual funds, insurance companies and other	483	405
Brokers, dealers and clearing organizations	140	148
Securities owned, at fair value:
Inventory securities	96	102
Investment securities	138	141
Equipment, property and improvements, at cost, net of accumulated depreciation and amortization	547	543
Other assets	71	95
TOTAL ASSETS	13,313	13,795
Payable to:
Clients	10,261	10,596
Brokers, dealers and clearing organizations	131	79
Accrued compensation and employee benefits	665	843
Accounts payable, accrued expenses and other	158	142
Long-term debt	4	4
Total liabilities before liabilities subordinated to claims of general creditors	11,219	11,664
Liabilities subordinated to claims of general creditors	50	50
Contingencies (Note 6)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals	1,887	1,858
Reserve for anticipated withdrawals	157	223
Total partnership capital subject to mandatory redemption	2,044	2,081
TOTAL LIABILITIES	$ 13,313	$ 13,795