Consolidated Statements of Income (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 25, 2016
Fee revenue
Asset-based	$ 1,115	$ 830
Account and activity	172	180
Total fee revenue	1,287	1,010
Trade revenue	457	522
Interest and dividends	58	43
Other revenue	13	4
Total revenue	1,815	1,579
Interest expense	18	18
Net revenue	1,797	1,561
Operating expenses:
Compensation and benefits	1,277	1,084
Occupancy and equipment	102	97
Communications and data processing	81	69
Advertising	23	22
Fund sub-adviser fees	20	12
Professional and consulting fees	17	13
Postage and shipping	15	13
Other operating expenses	65	60
Total operating expenses	1,600	1,370
Income before allocations to partners	197	191
Allocations to partners:
Limited partners	25	26
Subordinated limited partners	25	23
General partners	147	142
Net Income	$ 0	$ 0
Income allocated to limited partners per weighted average $1,000 equivalent limited partnership unit outstanding	$ 27.33	$ 28.30
Weighted average $1,000 equivalent limited partnership units outstanding	901,720	914,346