Revenue From Contracts With Customers (Tables)

12 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables summarize the disaggregation of revenue by major product and service and by segment for the years ended December 31, 2020, 2019 and 2018:

	Year Ended December 31, 2020
	Market Services		Corporate Platforms		Investment Intelligence		Market Technology		Consolidated
	(in millions)
Transaction-based trading and clearing, net	$	809	$	—	$	—	$	—	$	809
Trade management services	299		—		—		—		299
Listing services	—		316		—		—		316
IR & ESG Services	—		214		—		—		214
Market data	—		—		409		—		409
Index	—		—		324		—		324
Analytics	—		—		175		—		175
Market technology	—		—		—		357		357
Revenues less transaction-based expenses	$	1,108	$	530	$	908	$	357	$	2,903

	Year End December 31, 2019
	Market Services		Corporate Platforms		Investment Intelligence		Market Technology		Other Revenues		Consolidated
	(in millions)
Transaction-based trading and clearing, net	$	621	$	—	$	—	$	—	$	—	$	621
Trade management services	291		—		—		—		—		291
Listing services	—		296		—		—		—		296
IR & ESG Services	—		200		—		—		—		200
Market data	—		—		398		—		—		398
Index	—		—		223		—		—		223
Analytics	—		—		158		—		—		158
Market technology	—		—		—		338		—		338
Other revenues	—		—		—		—		10		10
Revenues less transaction-based expenses	$	912	$	496	$	779	$	338	$	10	$	2,535

	Year End December 31, 2018
	Market Services		Corporate Platforms		Investment Intelligence		Market Technology		Other Revenues		Consolidated
	(in millions)
Transaction-based trading and clearing, net	$	666	$	—	$	—	$	—	$	—	$	666
Trade management services	292		—		—		—		—		292
Listing services	—		290		—		—		—		290
IR & ESG Services	—		197		—		—		—		197
Market data	—		—		390		—		—		390
Index	—		—		206		—		—		206
Analytics	—		—		118		—		—		118
Market technology	—		—		—		270		—		270
Other revenues	—		—		—		—		97		97
Revenues less transaction-based expenses	$	958	$	487	$	714	$	270	$	97	$	2,526

Remaining Performance Obligation

For our market technology contracts, the following table summarizes the amount of the transaction price allocated to performance obligations that are unsatisfied as of December 31, 2020:

	(in millions)
2021	$	287
2022	174
2023	93
2024	68
2025	51
2026 and thereafter	112
Total	$	785