v3.26.1
Equity
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Equity Equity
Treasury Stock
Stock Repurchase Program
During the six months ended June 30, 2026 and 2025, we repurchased a total of 7.9 million and 2.9 million shares at a cost of $1.2 billion and $496 million, respectively. Of these shares, during the six months ended June 30, 2026, 3.4 million shares were purchased on the open market at a cost of $500 million during an open trading period and the remainder under our 10b5-1 trading plan. We recorded $10 million and $2 million of excise tax in treasury stock as part of the cost basis of the shares repurchased during the six months ended June 30, 2026 and 2025, respectively.
During the three months ended June 30, 2026 and 2025, we repurchased a total of 4.4 million and 1.5 million shares at a cost of $651 million and $255 million, respectively. Of these shares, during the three months ended June 30, 2026, 2.1 million shares were purchased on the open market at a cost of $300 million during an open trading period and the remainder under our 10b5-1 trading plan. We recorded $6 million and $2 million of excise tax in treasury stock as part of the cost basis of the shares repurchased during the three months ended June 30, 2026 and 2025, respectively.
In December 2025, our Board approved an aggregate of $3.0 billion for future repurchases of our common stock with no fixed expiration date, effective January 1, 2026, replacing the prior authorization. As of June 30, 2026, the remaining balance of Board approved funds for future repurchases was $1.8 billion. In July 2026, our Board approved an increase in the aggregate amount authorized for repurchases under the current program to $4.0 billion, effective July 1, 2026.
Shares withheld for taxes on employee equity awards
During the six months ended June 30, 2026 and 2025, we withheld shares to satisfy employee tax withholding obligations upon the vesting of RSUs, which we recorded as treasury stock at a cost of $96 million and $98 million, respectively. During the three months ended June 30, 2026 and 2025, the cost of the withheld shares was $1 million and $3 million, respectively.
Dividends
During the six months ended June 30, 2026 and 2025, we declared and paid cash dividends per share of $1.04 and $0.96 for an aggregate payout of $591 million and $555 million, respectively. During the three months ended June 30, 2026 and 2025, we declared and paid cash dividends per share of $0.52 and $0.48 for an aggregate payout of $294 million and $277 million, respectively.
Non-Controlling Interests
For consolidated subsidiaries in which our ownership is less than 100%, and for which we have control over the assets, liabilities and management of the entity, the non-ICE interests are shown as non-controlling interests.
As of June 30, 2026, our non-controlling interests included those related to the non-ICE limited partners' interest in our CDS clearing subsidiaries and third-parties' interest in ICE Futures Abu Dhabi.
As of June 30, 2026, we also had redeemable non-controlling interests, reflected in temporary equity within our consolidated balance sheet, related to third-parties' interests in an entity acquired by us in 2024 and separately, in a new entity we formed during the six months ended June 30, 2026. These are reflected as redeemable non-controlling interests due to put rights held by non-ICE members to require us to purchase their interests.
Accumulated Other Comprehensive Income/(Loss)
The following tables present changes in the accumulated balances for each component of other comprehensive income/(loss) (in millions):
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of December 31, 2025
$(186)$9 $(47)$(224)
Other comprehensive income/(loss)(34)1 — (33)
Income tax expense— — — — 
Net current period other comprehensive income/(loss)(34)1 — (33)
Balance, as of June 30, 2026
$(220)$10 $(47)$(257)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of March 31, 2026
$(214)$10 $(47)$(251)
Other comprehensive loss(6)— — (6)
Income tax expense— — — — 
Net current period other comprehensive loss(6)— — (6)
Balance, as of June 30, 2026
$(220)$10 $(47)$(257)

Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of December 31, 2024
$(285)$9 $(62)$(338)
Other comprehensive income/(loss)123 1 (2)122 
Income tax expense(1)(1)— (2)
Net current period other comprehensive income/(loss)122 — (2)120 
Balance, as of June 30, 2025
$(163)$9 $(64)$(218)
Changes in Accumulated Other Comprehensive Income/(Loss) by Component
Foreign currency translation adjustmentsComprehensive income from equity method investmentEmployee benefit plans adjustmentsTotal
Balance, as of March 31, 2025
$(250)$9 $(62)$(303)
Other comprehensive income/(loss)88 — (2)86 
Income tax expense(1)— — (1)
Net current period other comprehensive income/(loss)87 — (2)85 
Balance, as of June 30, 2025
$(163)$9 $(64)$(218)