Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2023

Fair Value Measurements

Assets measured at fair value on a recurring basis

	June 30, 2023								December 31, 2022
	Level 1		Level 2		Level 3		Total		Level 1		Level 2		Level 3		Total
	(in millions)
Assets
Investments (Note 5)	$	3,648	$	1,134	$	42	$	4,824	$	5,538	$	1,142	$	42	$	6,722
Derivative assets, net (Note 7)		—		344		—		344		—		805		—		805
	$	3,648	$	1,478	$	42	$	5,168	$	5,538	$	1,947	$	42	$	7,527
Liabilities
Securities sold, not yet purchased (Note 5)	$	3,198	$	172	$	—	$	3,370	$	6,326	$	169	$	—	$	6,495
Derivative liabilities, net (Note 7)		15		896		—		911		—		691		—		691
RFS obligations (Note 18)		—		599		—		599		—		692		—		692
	$	3,213	$	1,667	$	—	$	4,880	$	6,326	$	1,552	$	—	$	7,878