v3.25.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 783 $ 844
Short-term restricted cash and cash equivalents 1,235 1,142
Short-term restricted investments 617 594
Cash and cash equivalent margin deposits and guaranty funds 83,286 82,149
Invested deposits, delivery contracts receivable and unsettled variation margin 4,110 2,163
Customer accounts receivable, net of allowance for doubtful accounts of $22 and $21 at March 31, 2025 and December 31, 2024, respectively 1,878 1,490
Prepaid expenses and other current assets 735 713
Total current assets 92,644 89,095
Property and equipment, net 2,218 2,153
Other non-current assets:    
Goodwill 30,617 30,595
Other intangible assets, net 16,067 16,306
Long-term restricted cash and cash equivalents 305 368
Long-term restricted investments 66 0
Other non-current assets 953 911
Total other non-current assets 48,008 48,180
Total assets 142,870 139,428
Current liabilities:    
Accounts payable and accrued liabilities 1,056 1,051
Section 31 fees payable 260 316
Accrued salaries and benefits 152 438
Deferred revenue 612 236
Short-term debt 2,932 3,027
Margin deposits and guaranty funds 83,286 82,149
Invested deposits, delivery contracts payable and unsettled variation margin 4,110 2,163
Other current liabilities 312 173
Total current liabilities 92,720 89,553
Non-current liabilities:    
Non-current deferred tax liability, net 3,848 3,904
Long-term debt 17,349 17,341
Accrued employee benefits 167 170
Non-current operating lease liability 340 335
Other non-current liabilities 403 405
Total non-current liabilities 22,107 22,155
Total liabilities 114,827 111,708
Commitments and contingencies
Redeemable non-controlling interest in consolidated subsidiaries 22 22
Intercontinental Exchange, Inc. stockholders’ equity:    
Preferred stock, $0.01 par value; 100 shares authorized; none issued or outstanding 0 0
Common stock, $0.01 par value; 1,500 shares authorized; 653 and 651 issued at March 31, 2025 and December 31, 2024, respectively, and 574 shares outstanding at both March 31, 2025 and December 31, 2024 7 7
Treasury stock, at cost; 79 and 77 shares at March 31, 2025 and December 31, 2024, respectively (6,721) (6,385)
Additional paid-in capital 16,401 16,292
Retained earnings 18,590 18,071
Accumulated other comprehensive loss (303) (338)
Total Intercontinental Exchange, Inc. stockholders’ equity 27,974 27,647
Non-controlling interests in consolidated subsidiaries 47 51
Total equity 28,021 27,698
Total liabilities and equity $ 142,870 $ 139,428