CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (USD $) In Millions, except Share data, unless otherwise specified	3 Months Ended
	Mar. 28, 2014	Mar. 29, 2013
Fee revenue
Asset-based	$ 715	$ 570
Account and activity	144	139
Total fee revenue	859	709
Trade revenue
Commissions	533	540
Principal transactions	41	27
Investment banking	36	27
Total trade revenue	610	594
Interest and dividends	31	32
Other revenue	4	16
Total revenue	1,504	1,351
Interest expense	14	15
Net revenue	1,490	1,336
Operating expenses:
Compensation and benefits	992	887
Occupancy and equipment	92	90
Communications and data processing	71	73
Payroll and other taxes	63	58
Advertising	19	17
Postage and shipping	13	13
Professional and consulting fees	13	9
Other operating expenses	41	40
Total operating expenses	1,304	1,187
Income before allocations to partners	186	149
Allocations to partners:
Limited partners	20	17
Subordinated limited partners	21	17
General partners	145	115
Net income	$ 0	$ 0
Income allocated to limited partners per weighted average $1,000 equivalent limited partnership unit outstanding	$ 31.27	$ 26.72
Weighted average $1,000 equivalent limited partnership units outstanding	639,239	648,915