Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2021

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Financial data for our business segments is as follows for the six months and three months ended June 30, 2021 and 2020 (in millions):

	Six Months Ended June 30, 2021
	Exchanges		Fixed Income and Data Services		Mortgage Technology		Consolidated
Revenues:
Energy futures and options	$	584	$	—	$	—	$	584
Agricultural and metals futures and options	121		—		—		121
Financial futures and options	188		—		—		188
Cash equities and equity options	1,246		—		—		1,246
OTC and other	155		—		—		155
Data and connectivity services	415		—		—		415
Listings	233		—		—		233
Fixed income execution	—		27		—		27
CDS clearing	—		93		—		93
Fixed income data and analytics	—		532		—		532
Other data and network services	—		274		—		274
Origination technology	—		—		495		495
Closing solutions	—		—		139		139
Data and analytics	—		—		36		36
Other	—		—		25		25
Revenues	2,942		926		695		4,563
Transaction-based expenses	1,059		—		—		1,059
Revenues, less transaction-based expenses	1,883		926		695		3,504
Operating expenses	647		672		494		1,813
Operating income	$	1,236	$	254	$	201	$	1,691

	Six Months Ended June 30, 2020
	Exchanges		Fixed Income and Data Services		Mortgage Technology		Consolidated
Revenues:
Energy futures and options	$	629	$	—	$	—	$	629
Agricultural and metals futures and options	143		—		—		143
Financial futures and options	199		—				199
Cash equities and equity options	1,341		—		—		1,341
OTC and other	146		—		—		146
Data and connectivity services	388		—		—		388
Listings	223		—		—		223
Fixed income execution	—		41		—		41
CDS clearing	—		119		—		119
Fixed income data and analytics	—		497		—		497
Other data and network services	—		253		—		253
Closing solutions	—		—		98		98
Other	—		—		4		4
Revenues	3,069		910		102		4,081
Transaction-based expenses	1,127		—		—		1,127
Revenues, less transaction-based expenses	1,942		910		102		2,954
Operating expenses	622		656		50		1,328
Operating income	$	1,320	$	254	$	52	$	1,626

	Three Months Ended June 30, 2021
	Exchanges		Fixed Income and Data Services		Mortgage Technology		Consolidated
Revenues:
Energy futures and options	$	274	$	—	$	—	$	274
Agricultural and metals futures and options	62		—		—		62
Financial futures and options	83		—		—		83
Cash equities and equity options	512		—		—		512
OTC and other	78		—		—		78
Data and connectivity services	208		—		—		208
Listings	119		—		—		119
Fixed income execution	—		13		—		13
CDS clearing	—		38		—		38
Fixed income data and analytics	—		268		—		268
Other data and network services	—		139		—		139
Origination technology	—		—		241		241
Closing solutions	—		—		69		69
Data and analytics	—		—		18		18
Other	—		—		12		12
Revenues	1,336		458		340		2,134
Transaction-based expenses	427		—		—		427
Revenues, less transaction-based expenses	909		458		340		1,707
Operating expenses	326		337		245		908
Operating income	$	583	$	121	$	95	$	799

	Three Months Ended June 30, 2020
	Exchanges		Fixed Income and Data Services		Mortgage Technology		Consolidated
Revenues:
Energy futures and options	$	276	$	—	$	—	$	276
Agricultural and metals futures and options	59		—		—		59
Financial futures and options	76		—		—		76
Cash equities and equity options	672		—		—		672
OTC and other	75		—		—		75
Data and connectivity services	195		—		—		195
Listings	111		—		—		111
Fixed income execution	—		20		—		20
CDS clearing	—		47		—		47
Fixed income data and analytics	—		252		—		252
Other data and network services	—		127		—		127
Closing solutions	—		—		54		54
Other	—		—		2		2
Revenues	1,464		446		56		1,966
Transaction-based expenses	571		—		—		571
Revenues, less transaction-based expenses	893		446		56		1,395
Operating expenses	300		326		25		651
Operating income	$	593	$	120	$	31	$	744