Fair Value - Partnership's Financial Assets and Liabilities at Fair Value (Detail) - USD ($) $ in Millions		Jun. 28, 2024	Dec. 31, 2023	Jun. 30, 2023
Cash equivalents:
Total cash equivalents		$ 227	$ 255
Investments segregated under federal regulations:
Total investments segregated under federal regulations		9,654	11,393
Total investments segregated under federal regulations		9,654		$ 10,267
Investment securities:
Total investment securities		1,068	1,069
Inventory securities:
Total inventory securities		123	88
Other Assets:
Client Fractional Shares Ownership Assets		899	824
Accounts payable, accrued expenses and other:
Client Fractional Shares Redemption Obligations		899	824
Equities [Member]
Investment securities:
Total investment securities		8	11
Inventory securities:
Total inventory securities		8	21
Corporate Bonds and Notes [Member]
Inventory securities:
Total inventory securities		10	5
Government and Agency Obligations [Member]
Investment securities:
Total investment securities		600	600
Inventory securities:
Total inventory securities		5	4
U.S. Treasuries [Member]
Investments segregated under federal regulations:
Total investments segregated under federal regulations		8,454	9,893
Mutual Funds [Member]
Investment securities:
Total investment securities	[1]	348	346
Inventory securities:
Total inventory securities		41	9
Municipal Obligations [Member]
Investment securities:
Total investment securities		12	12
Inventory securities:
Total inventory securities		54	29
Certificates of Deposit [Member]
Cash equivalents:
Total cash equivalents		182	179
Investments segregated under federal regulations:
Total investments segregated under federal regulations		1,200	1,500
Investment securities:
Total investment securities		100	100
Inventory securities:
Total inventory securities		5	20
Money Market Funds [Member]
Cash equivalents:
Total cash equivalents		45	76
Level I [Member]
Cash equivalents:
Total cash equivalents		45	76
Investments segregated under federal regulations:
Total investments segregated under federal regulations		8,454	9,893
Investment securities:
Total investment securities		956	957
Inventory securities:
Total inventory securities		54	34
Other Assets:
Client Fractional Shares Ownership Assets		899	824
Accounts payable, accrued expenses and other:
Client Fractional Shares Redemption Obligations		899	824
Level I [Member] | Equities [Member]
Investment securities:
Total investment securities		8	11
Inventory securities:
Total inventory securities		8	21
Level I [Member] | Corporate Bonds and Notes [Member]
Inventory securities:
Total inventory securities		0	0
Level I [Member] | Government and Agency Obligations [Member]
Investment securities:
Total investment securities		600	600
Inventory securities:
Total inventory securities		5	4
Level I [Member] | U.S. Treasuries [Member]
Investments segregated under federal regulations:
Total investments segregated under federal regulations		8,454	9,893
Level I [Member] | Mutual Funds [Member]
Investment securities:
Total investment securities	[1]	348	346
Inventory securities:
Total inventory securities		41	9
Level I [Member] | Municipal Obligations [Member]
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level I [Member] | Certificates of Deposit [Member]
Cash equivalents:
Total cash equivalents		0	0
Investments segregated under federal regulations:
Total investments segregated under federal regulations		0	0
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level I [Member] | Money Market Funds [Member]
Cash equivalents:
Total cash equivalents		45	76
Level II [Member]
Cash equivalents:
Total cash equivalents		182	179
Investments segregated under federal regulations:
Total investments segregated under federal regulations		1,200	1,500
Investment securities:
Total investment securities		112	112
Inventory securities:
Total inventory securities		69	54
Other Assets:
Client Fractional Shares Ownership Assets		0	0
Accounts payable, accrued expenses and other:
Client Fractional Shares Redemption Obligations		0	0
Level II [Member] | Equities [Member]
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level II [Member] | Corporate Bonds and Notes [Member]
Inventory securities:
Total inventory securities		10	5
Level II [Member] | Government and Agency Obligations [Member]
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level II [Member] | U.S. Treasuries [Member]
Investments segregated under federal regulations:
Total investments segregated under federal regulations		0	0
Level II [Member] | Mutual Funds [Member]
Investment securities:
Total investment securities	[1]	0	0
Inventory securities:
Total inventory securities		0	0
Level II [Member] | Municipal Obligations [Member]
Investment securities:
Total investment securities		12	12
Inventory securities:
Total inventory securities		54	29
Level II [Member] | Certificates of Deposit [Member]
Cash equivalents:
Total cash equivalents		182	179
Investments segregated under federal regulations:
Total investments segregated under federal regulations		1,200	1,500
Investment securities:
Total investment securities		100	100
Inventory securities:
Total inventory securities		5	20
Level II [Member] | Money Market Funds [Member]
Cash equivalents:
Total cash equivalents		0	0
Level III [Member]
Cash equivalents:
Total cash equivalents		0	0
Investments segregated under federal regulations:
Total investments segregated under federal regulations		0	0
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Other Assets:
Client Fractional Shares Ownership Assets		0	0
Accounts payable, accrued expenses and other:
Client Fractional Shares Redemption Obligations		0	0
Level III [Member] | Equities [Member]
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level III [Member] | Corporate Bonds and Notes [Member]
Inventory securities:
Total inventory securities		0	0
Level III [Member] | Government and Agency Obligations [Member]
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level III [Member] | U.S. Treasuries [Member]
Investments segregated under federal regulations:
Total investments segregated under federal regulations		0	0
Level III [Member] | Mutual Funds [Member]
Investment securities:
Total investment securities	[1]	0	0
Inventory securities:
Total inventory securities		0	0
Level III [Member] | Municipal Obligations [Member]
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level III [Member] | Certificates of Deposit [Member]
Cash equivalents:
Total cash equivalents		0	0
Investments segregated under federal regulations:
Total investments segregated under federal regulations		0	0
Investment securities:
Total investment securities		0	0
Inventory securities:
Total inventory securities		0	0
Level III [Member] | Money Market Funds [Member]
Cash equivalents:
Total cash equivalents		$ 0	$ 0

[1] (1) The mutual funds balance consists primarily of securities held to economically hedge future liabilities for the non-qualified deferred compensation plan. The balance also includes a security held for regulatory purposes at the Trust Co.