Parent Company Only Financial Statements

12 Months Ended

Dec. 31, 2016

Condensed Financial Information Of Parent Company Only Disclosure [Abstract]

Parent Company Only Financial Statements

THE JONES FINANCIAL COMPANIES, L.L.L.P.

(Parent Company Only)

CONDENSED STATEMENTS OF FINANCIAL CONDITION

	December 31,		December 31,
(Dollars in millions)	2016		2015
ASSETS:
Cash and cash equivalents	$	456	$	331
Investment securities		9		9
Investment in subsidiaries		2,150		2,255
Other assets		19		15
TOTAL ASSETS	$	2,634	$	2,610
LIABILITIES:
Partnership capital subject to mandatory redemption	$	2,634	$	2,610
TOTAL LIABILITIES	$	2,634	$	2,610

THE JONES FINANCIAL COMPANIES, L.L.L.P.

(Parent Company Only)

CONDENSED STATEMENTS OF INCOME

	For the Years Ended December 31,
(Dollars in millions)	2016			2015			2014
NET REVENUE
Subsidiary earnings	$	738		$	833		$	764
Management fee income		100			99			78
Other		10			7			7
Total revenue		848			939			849
Interest expense		68			69			48
Net revenue		780			870			801
OPERATING EXPENSES
Compensation and benefits		32			30			30
Other operating expenses		2			2			1
Total operating expenses		34			32			31
INCOME BEFORE ALLOCATIONS TO PARTNERS	$	746		$	838		$	770
Allocations to partners		(746	)		(838	)		(770	)
NET INCOME	$	—		$	—		$	—

THE JONES FINANCIAL COMPANIES, L.L.L.P.

(Parent Company Only)

CONDENSED STATEMENTS OF CASH FLOWS

	For the Years Ended December 31,
(Dollars in millions)	2016			2015			2014
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	—		$	—		$	—
Adjustments to reconcile net income to net cash provided by    operating activities:
Income before allocations to partners		746			838			770
Changes in assets and liabilities:
Investment in subsidiaries		105			(179	)		(267	)
Other assets		(4	)		—			(3	)
Accounts payable and accrued expenses		—			(1	)		—
Net cash provided by operating activities		847			658			500
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of partnership interests		72			352			55
Redemption of partnership interests		(178	)		(161	)		(125	)
Distributions from partnership capital		(616	)		(637	)		(563	)
Net cash used in financing activities		(722	)		(446	)		(633	)
Net increase (decrease) in cash and cash equivalents		125			212			(133	)
CASH AND CASH EQUIVALENTS:
Beginning of year		331			119			252
End of year	$	456		$	331		$	119
NON-CASH ACTIVITIES:
Issuance of general partnership interests through    partnership loans in current year	$	146		$	119		$	86
Repayment of partnership loans through distributions from    partnership capital in current year	$	98		$	99		$	103