Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Millions	6 Months Ended
	Jun. 25, 2021	Jun. 26, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 0	$ 0
Adjustments to reconcile net income to net cash provided by operating activities:
Income before allocations to partners	823	591
Depreciation and amortization	61	62
Changes in assets and liabilities:
Investments segregated under federal regulations	43	(4,702)
Securities purchased under agreements to resell	629	250
Net payable to clients	(582)	3,138
Net receivable from brokers, dealers and clearing organizations	(53)	(2)
Receivable from mutual funds, insurance companies and other	(33)	(30)
Securities owned	537	(72)
Lease right-of-use assets	(6)	(14)
Other assets	3	69
Lease liabilities	5	9
Accrued compensation and employee benefits	(278)	(345)
Accounts payable, accrued expenses and other	(104)	(74)
Net cash provided by (used in) operating activities	1,045	(1,120)
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchase of equipment, property and improvements	(79)	(80)
Cash used in investing activities	(79)	(80)
CASH FLOWS FROM FINANCING ACTIVITIES:
Issuance of partnership interests	65	50
Redemption of partnership interests	(84)	(87)
Distributions from partnership capital	(840)	(626)
Net cash used in financing activities	(859)	(663)
Net increase (decrease) in cash, cash equivalents and restricted cash	107	(1,863)
CASH, CASH EQUIVALENTS AND RESTRICTED CASH:
Beginning of period	6,875	8,007
End of period	$ 6,982	$ 6,144