Common stock, shares authorized (in shares)

  
Intercontinental Exchange, Inc. and SubsidiariesConsolidated Balance Sheets (In millions, except per share amounts) 

|  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
|  |  |  |  |  |  |  |  |  |  |  |  |
|  | As of December 31, |
|  | 2021 |  | 2020 |
| Assets: |  |  |  |
| Current assets: |  |  |  |
| Cash and cash equivalents  | $ | 607  |  |  | $ | 583  |  |
| Short-term restricted cash and cash equivalents | 1,035  |  |  | 1,000  |  |
|  |  |  |  |
| Cash and cash equivalent margin deposits and guaranty funds | 145,936  |  |  | 81,628  |  |
| Invested deposits, delivery contracts receivable and unsettled variation margin | 4,493  |  |  | 2,455  |  |
| Customer accounts receivable, net of allowance for doubtful accounts of $24 and $27, respectively | 1,208  |  |  | 1,230  |  |
| Prepaid expenses and other current assets  | 1,021  |  |  | 323  |  |
| Total current assets  | 154,300  |  |  | 87,219  |  |
| Property and equipment, net  | 1,699  |  |  | 1,713  |  |
| Other non-current assets: |  |  |  |
| Goodwill  | 21,123  |  |  | 21,291  |  |
| Other intangible assets, net  | 13,736  |  |  | 14,408  |  |
| Long-term restricted cash and cash equivalents | 398  |  |  | 408  |  |
|  |  |  |  |
| Other non-current assets  | 2,246  |  |  | 1,161  |  |
| Total other non-current assets  | 37,503  |  |  | 37,268  |  |
| Total assets  | $ | 193,502  |  |  | $ | 126,200  |  |
|  |  |  |  |
| Liabilities and Equity: |  |  |  |
| Current liabilities: |  |  |  |
| Accounts payable and accrued liabilities  | $ | 703  |  |  | $ | 639  |  |
| Section 31 fees payable | 57  |  |  | 207  |  |
| Accrued salaries and benefits  | 354  |  |  | 346  |  |
| Deferred revenue | 194  |  |  | 158  |  |
| Short-term debt  | 1,521  |  |  | 2,411  |  |
| Margin deposits and guaranty funds | 145,936  |  |  | 81,628  |  |
| Invested deposits, delivery contracts payable and unsettled variation margin | 4,493  |  |  | 2,455  |  |
| Other current liabilities  | 153  |  |  | 155  |  |
| Total current liabilities  | 153,411  |  |  | 87,999  |  |
| Non-current liabilities: |  |  |  |
| Non-current deferred tax liability, net  | 4,100  |  |  | 3,563  |  |
| Long-term debt  | 12,397  |  |  | 14,126  |  |
| Accrued employee benefits  | 200  |  |  | 206  |  |
| Non-current operating lease liability | 252  |  |  | 320  |  |
| Other non-current liabilities  | 394  |  |  | 359  |  |
| Total non-current liabilities  | 17,343  |  |  | 18,574  |  |
| Total liabilities  | 170,754  |  |  | 106,573  |  |
| Commitments and contingencies |  |  |  |
| Redeemable non-controlling interest in consolidated subsidiaries  | —  |  |  | 93  |  |
| Equity: |  |  |  |
| Intercontinental Exchange, Inc. stockholders’ equity: |  |  |  |
| Preferred stock, $0.01 par value; 100 shares authorized; none issued or outstanding  | —  |  |  | —  |  |
| Common stock, $0.01 par value; 1,500 authorized; 631 and 561 shares issued and outstanding at December 31, 2021, respectively, and 629 and 561 shares issued and outstanding at December 31, 2020, respectively  | 6  |  |  | 6  |  |
| Treasury stock, at cost; 70 and 68 shares at December 31, 2021 and December 31, 2020, respectively  | (5,520) |  |  | (5,200) |  |
| Additional paid-in capital  | 14,069  |  |  | 13,845  |  |
| Retained earnings  | 14,350  |  |  | 11,039  |  |
| Accumulated other comprehensive loss | (196) |  |  | (192) |  |
| Total Intercontinental Exchange, Inc. stockholders’ equity  | 22,709  |  |  | 19,498  |  |
| Non-controlling interest in consolidated subsidiaries  | 39  |  |  | 36  |  |
| Total equity  | 22,748  |  |  | 19,534  |  |
| Total liabilities and equity  | $ | 193,502  |  |  | $ | 126,200  |  |

  
See accompanying notes. 86
