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Cash Flow Information
12 Months Ended
Dec. 31, 2018
Supplemental Cash Flow Elements [Abstract]  
Cash Flow Information

NOTE 18 – CASH FLOW INFORMATION

The following table shows supplemental cash flow information for the years ended December 31, 2018, 2017 and 2016:

 

 

 

2018

 

 

2017

 

 

2016

 

Cash paid for interest

 

$

125

 

 

$

90

 

 

$

75

 

Cash paid for taxes

 

$

10

 

 

$

10

 

 

$

12

 

Non-cash activities:

 

 

 

 

 

 

 

 

 

 

 

 

Issuance of general partnership interests through

   partnership loans in current year

 

$

170

 

 

$

142

 

 

$

146

 

Repayment of partnership loans through distributions

   from partnership capital in current year

 

$

135

 

 

$

111

 

 

$

98

 

Declared distributions for retired partnership capital

   in current year but paid after year end(1)

 

$

97

 

 

$

 

 

$

 

 

(1)

Declared distributions for retired partnership capital are included in the accounts payable, accrued expenses and other line of the Consolidated Statements of Financial Condition.

 

The following table reconciles certain line items on the Consolidated Statements of Financial Condition to the cash, cash equivalents and restricted cash balance on the Consolidated Statements of Cash Flows for the years ended December 31, 2018, 2017 and 2016:

 

 

 

2018

 

 

2017

 

 

2016

 

Cash and cash equivalents

 

$

1,498

 

 

$

846

 

 

$

1,047

 

Cash and investments segregated under federal regulations

 

 

8,241

 

 

 

10,099

 

 

 

12,680

 

Less: Investments segregated under federal regulations

 

 

1,002

 

 

 

2,408

 

 

 

4,155

 

Total cash, cash equivalents and restricted cash

 

$

8,737

 

 

$

8,537

 

 

$

9,572

 

 

Restricted cash represents cash segregated in special reserve bank accounts for the benefit of U.S. clients pursuant to the Customer Protection Rule 15c3-3 under the Exchange Act.