Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Millions	Mar. 25, 2016	Dec. 31, 2015
ASSETS:
Cash and cash equivalents	$ 989	$ 937
Cash and investments segregated under federal regulations	9,837	9,982
Securities purchased under agreements to resell	589	843
Receivable from:
Clients	3,073	3,060
Mutual funds, insurance companies and other	533	450
Brokers, dealers and clearing organizations	155	160
Securities owned, at fair value:
Investment securities	197	201
Inventory securities	57	36
Equipment, property and improvements, at cost, net of accumulated depreciation and amortization	553	559
Other assets	106	128
TOTAL ASSETS	16,089	16,356
Payable to:
Clients	12,568	12,499
Brokers, dealers and clearing organizations	102	71
Accrued compensation and employee benefits	746	994
Accounts payable, accrued expenses and other	167	182
Total liabilities before partnership capital	$ 13,583	$ 13,746
Contingencies (Note 5)
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	$ 2,344	$ 2,348
Reserve for anticipated withdrawals	162	262
Total partnership capital subject to mandatory redemption	2,506	2,610
TOTAL LIABILITIES	16,089	16,356
Limited Partnership Capital [Member]
Payable to:
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	914	916
Subordinated Limited Partnership Capital [Member]
Payable to:
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	418	368
General Partnership Capital [Member]
Payable to:
Partnership capital subject to mandatory redemption, net of reserve for anticipated withdrawals and partnership loans	$ 1,012	$ 1,064