As of March 27, 2026 and December 31, 2025, collateral held for receivables from clients was $7,912 and $7,224, respectively, and collateral held for securities purchased under agreements to resell was $591 and $697, respectively. Given the nature of the agreements for receivables from clients and given the counterparties for resale agreements are financial institutions that the Partnership considers to be reputable and reliable, the Partnership does not expect the fair value of collateral to fall below the value of the agreements frequently or for an extended period of time. Therefore, the allowance for credit loss was zero for each period.

As of March 27, 2026, December 31, 2025 and December 31, 2024, $1,091, $1,056 and $883, respectively, of the receivable from clients balance and $390, $368 and $377, respectively, of the receivable from mutual funds, insurance companies and other balance related to revenue contracts with customers. The related fees are paid out of client accounts or third-party products consisting of cash and securities, the value of those accounts continues to exceed the amortized cost basis of these receivables and the receivables have a short duration. As a result, the Partnership does not expect an event or change which would result in the receivables being undercollateralized or unpaid. The allowance for credit loss for receivables from contracts with customers was zero as of March 27, 2026 and December 31, 2025.

The following table shows the Partnership's disaggregated revenue information. See Note 4 for segment information.


	Three Months Ended						Three Months Ended
	March 27, 2026						March 28, 2025
	U.S.		Canada		Total		U.S.		Canada		Total
Fee revenue:
Asset-based fee revenue:
Advisory programs fees	$	3,021	$	68	$	3,089	$	2,496	$	49	$	2,545
Service fees		413		28		441		384		26		410
Cash solutions fees		135		—		135		145		—		145
Other asset-based fees		217		—		217		194		—		194
Total asset-based fee revenue		3,786		96		3,882		3,219		75		3,294
Account and activity fee revenue:
Shareholder accounting services fees		114		—		114		118		—		118
Other account and activity fee revenue		70		3		73		65		3		68
Total account and activity fee revenue		184		3		187		183		3		186
Total fee revenue		3,970		99		4,069		3,402		78		3,480
Trade revenue:
Commissions		381		14		395		370		14		384
Principal transactions		53		2		55		56		3		59
Total trade revenue		434		16		450		426		17		443
Total revenue from customers		4,404		115		4,519		3,828		95		3,923
Net interest and dividends and other revenue		144		14		158		219		25		244
Net revenue	$	4,548	$	129	$	4,677	$	4,047	$	120	$	4,167