Parent Company Only Financial Statements

12 Months Ended

Dec. 31, 2017

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)	2017		2016
ASSETS:
Cash and cash equivalents	$	308	$	456
Investment securities		7		9
Investment in subsidiaries		2,462		2,150
Other assets		19		19
TOTAL ASSETS	$	2,796	$	2,634
LIABILITIES:
Accounts payable and accrued expenses	$	1	$	—
Partnership capital subject to mandatory redemption	$	2,795	$	2,634
TOTAL LIABILITIES	$	2,796	$	2,634

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

(Parent Company Only)

CONDENSED STATEMENTS OF INCOME

	For the Years Ended December 31,
(Dollars in millions)	2017			2016			2015
NET REVENUE
Subsidiary earnings	$	858		$	738		$	833
Management fee income		99			100			99
Other		15			10			7
Total revenue		972			848			939
Interest expense		67			68			69
Net revenue		905			780			870
OPERATING EXPENSES
Compensation and benefits		31			32			30
Other operating expenses		2			2			2
Total operating expenses		33			34			32
INCOME BEFORE ALLOCATIONS TO PARTNERS	$	872		$	746		$	838
Allocations to partners		(872	)		(746	)		(838	)
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)	2017			2016			2015
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$	—		$	—		$	—
Adjustments to reconcile net income to net cash provided by    operating activities:
Income before allocations to partners		872			746			838
Changes in assets and liabilities:
Investment in subsidiaries		(312	)		105			(179	)
Investment securities		2			—			—
Other assets		—			(4	)		—
Accounts payable and accrued expenses		1			—			(1	)
Net cash provided by operating activities		563			847			658
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of partnership interests		80			72			352
Redemption of partnership interests		(193	)		(178	)		(161	)
Distributions from partnership capital		(598	)		(616	)		(637	)
Net cash used in financing activities		(711	)		(722	)		(446	)
Net (decrease) increase in cash and cash equivalents		(148	)		125			212
CASH AND CASH EQUIVALENTS:
Beginning of year		456			331			119
End of year	$	308		$	456		$	331
NON-CASH ACTIVITIES:
Issuance of general partnership interests through    partnership loans in current year	$	142		$	146		$	119
Repayment of partnership loans through distributions from    partnership capital in current year	$	111		$	98		$	99
Declaration of distributions from subsidiary in current year    but received after year end	$	129		$	—		$	—