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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues:        
Total revenues $ 1,556 $ 1,496 $ 3,136 $ 2,967
Transaction-based expenses:        
Section 31 fees 90 92 211 183
Cash liquidity payments, routing and clearing 220 224 454 438
Total revenues, less transaction-based expenses 1,246 1,180 2,471 2,346
Operating expenses:        
Compensation and benefits 241 236 481 483
Professional services 29 32 59 64
Acquisition-related transaction and integration costs 15 9 27 23
Technology and communication 108 97 213 195
Rent and occupancy 16 17 33 35
Selling, general and administrative 39 38 72 79
Depreciation and amortization 143 142 281 276
Total operating expenses 591 571 1,166 1,155
Operating income 655 609 1,305 1,191
Other income (expense):        
Interest expense (55) (45) (107) (90)
Other income, net 11 3 30 191
Other income (expense), net (44) (42) (77) 101
Income before income tax expense 611 567 1,228 1,292
Income tax expense 149 140 292 354
Net income 462 427 936 938
Net income attributable to non-controlling interest (7) (8) (17) (16)
Net income attributable to Intercontinental Exchange, Inc. $ 455 $ 419 $ 919 $ 922
Earnings per share attributable to Intercontinental Exchange, Inc. common stockholders:        
Basic (in dollars per share) $ 0.79 $ 0.71 $ 1.59 $ 1.56
Diluted (in dollars per share) $ 0.78 $ 0.71 $ 1.58 $ 1.55
Weighted average common shares outstanding:        
Basic (in shares) 578 591 580 593
Diluted (in shares) 581 595 583 597
Dividend per share (in dollars per share) $ 0.24 $ 0.20 $ 0.48 $ 0.40
Transaction and clearing, net        
Revenues:        
Total revenues $ 864 $ 817 $ 1,762 $ 1,615
Data services        
Revenues:        
Total revenues 526 521 1,046 1,041
Listings        
Revenues:        
Total revenues 111 109 220 217
Other revenues        
Revenues:        
Total revenues $ 55 $ 49 $ 108 $ 94