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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 610 $ 841
Short-term restricted cash and cash equivalents 993 943
Customer accounts receivable, net of allowance for doubtful accounts of $25 and $8, respectively 1,310 988
Margin deposits, guaranty funds and delivery contracts receivable 85,900 64,987
Prepaid expenses and other current assets 324 220
Total current assets 89,137 67,979
Property and equipment, net 1,693 1,536
Other non-current assets:    
Goodwill 21,243 13,342
Other intangible assets, net 14,507 10,258
Long-term restricted cash and cash equivalents 408 404
Other non-current assets 1,092 974
Total other non-current assets 37,250 24,978
Total assets 128,080 94,493
Current liabilities:    
Accounts payable and accrued liabilities 594 505
Section 31 fees payable 53 138
Accrued salaries and benefits 274 291
Deferred revenue 267 129
Short-term debt 2,463 2,569
Margin deposits, guaranty funds and delivery contracts payable 85,900 64,987
Other current liabilities 135 197
Total current liabilities 89,686 68,816
Non-current liabilities:    
Non-current deferred tax liability, net 3,567 2,314
Long-term debt 14,869 5,250
Accrued employee benefits 187 198
Non-current operating lease liability 315 281
Other non-current liabilities 310 270
Total non-current liabilities 19,248 8,313
Total liabilities 108,934 77,129
Commitments and contingencies
Redeemable non-controlling interest in consolidated subsidiaries 94 78
Intercontinental Exchange, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value; 100 shares authorized; none issued or outstanding at September 30, 2020 and December 31, 2019 0 0
Common stock, $0.01 par value; 1,500 shares authorized; 628 and 607 issued at September 30, 2020 and December 31, 2019, respectively, and 561 and 554 shares outstanding at September 30, 2020 and December 31, 2019, respectively 6 6
Treasury stock, at cost; 67 and 53 shares, respectively (5,198) (3,879)
Additional paid-in capital 13,804 11,742
Retained earnings 10,682 9,629
Accumulated other comprehensive loss (273) (243)
Total Intercontinental Exchange, Inc. stockholders’ equity 19,021 17,255
Non-controlling interest in consolidated subsidiaries 31 31
Total equity 19,052 17,286
Total liabilities and equity $ 128,080 $ 94,493