NDAQ Stock Balance Sheets

Nasdaq Quarterly Balance Sheets Chart

Quarterly

Annual

Goodwill

Account Receivables

Cash and Cash Eq

Account Payables

Deferred Revenue

Long-Term Debt

Short-Term Debt

Nasdaq Quarterly Balance Sheets Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31

assets
current assets:
cash and cash equivalents	732,000,000	690,000,000	592,000,000	266,000,000	416,000,000	388,000,000	453,000,000	5,340,000,000	5,347,000,000	373,000,000	502,000,000	301,000,000	454,000,000	486,000,000	393,000,000	303,000,000	390,000,000	774,000,000	2,745,000,000	584,000,000	711,000,000	1,015,000,000	332,000,000	304,000,000	333,000,000	472,000,000	545,000,000	324,000,000	322,000,000	405,000,000	377,000,000	530,000,000	356,000,000	386,000,000	403,000,000	257,000,000	344,000,000	331,000,000	301,000,000	290,000,000	324,000,000	328,000,000	427,000,000	286,000,000	314,000,000	384,000,000	425,000,000	300,000,000	379,000,000	591,000,000	497,000,000	438,000,000	491,000,000	525,000,000	506,000,000	543,000,000	578,000,000	439,000,000	315,000,000	336,000,000	526,000,000	535,000,000	594,000,000	311,000,000	419,000,000	333,000,000	565,760,000	737,900,000	739,999,000	736,020,000	1,325,314,000	1,258,662,000	574,998,000	493,249,000	321,995,000	440,545,000	488,817,000	374,905,000	165,237,000	288,764,000	304,286,000	83,941,000	58,186,000	47,986,000	222,385,000	133,608	148,929,000
restricted cash and cash equivalents	195,000,000	18,000,000	31,000,000	42,000,000	24,000,000	21,000,000	20,000,000	25,000,000	23,000,000	57,000,000	22,000,000	51,000,000	30,000,000	31,000,000	29,000,000	29,000,000	40,000,000	38,000,000	37,000,000	33,000,000
default funds and margin deposits	5,218,000,000	5,686,000,000	5,664,000,000	5,865,000,000	5,546,000,000	5,595,000,000	7,275,000,000	5,935,000,000	7,134,000,000	7,055,000,000	7,021,000,000	9,507,000,000	8,688,000,000	6,570,000,000	5,911,000,000	4,202,000,000	3,579,000,000	3,737,000,000	3,942,000,000	3,378,000,000	3,098,000,000	3,241,000,000	2,996,000,000	2,422,000,000	3,161,000,000	3,274,000,000	4,742,000,000	4,219,000,000	4,441,000,000	4,026,000,000	3,988,000,000	3,893,000,000	3,671,000,000	3,633,000,000	3,301,000,000	3,323,000,000	3,411,000,000	3,614,000,000	2,228,000,000	2,175,000,000	2,331,000,000	2,635,000,000	2,194,000,000	2,513,000,000	2,579,000,000	2,253,000,000	1,961,000,000	1,934,000,000	1,412,000,000	229,000,000	209,000,000	194,000,000	204,000,000	158,000,000
financial investments	84,000,000	201,000,000	184,000,000	202,000,000	174,000,000	173,000,000	188,000,000	272,000,000	288,000,000	197,000,000	181,000,000	129,000,000	161,000,000	225,000,000	208,000,000	185,000,000	235,000,000	215,000,000	195,000,000	177,000,000	206,000,000	254,000,000	291,000,000
receivables	896,000,000	986,000,000	1,022,000,000	944,000,000	960,000,000	925,000,000	929,000,000	595,000,000	597,000,000	666,000,000	677,000,000	638,000,000	652,000,000	621,000,000	588,000,000	552,000,000	559,000,000	574,000,000	566,000,000	504,000,000	523,000,000	568,000,000	422,000,000	399,000,000	415,000,000	447,000,000	384,000,000	356,000,000	405,000,000	486,000,000	423,000,000	320,000,000	392,000,000	467,000,000	429,000,000	349,000,000	399,000,000	333,000,000	316,000,000	278,000,000	323,000,000	344,000,000	389,000,000	370,000,000	395,000,000	434,000,000	393,000,000	372,000,000	362,000,000	317,000,000	333,000,000	327,000,000	341,000,000	327,000,000	308,000,000	347,000,000	344,000,000	327,000,000	298,000,000	308,000,000	361,000,000	377,000,000	301,000,000	379,000,000	383,000,000	355,000,000	338,564,000	375,625,000	354,931,000	403,614,000	249,524,000	274,144,000	284,606,000	299,197,000	233,266,000			241,018,000	207,632,000	133,276,000	112,860,000	108,016,000	104,258,000	92,282,000	74,192,000	111,452	111,405,000
other current assets	227,000,000	237,000,000	293,000,000	239,000,000	189,000,000	219,000,000	231,000,000	184,000,000	189,000,000	192,000,000	201,000,000	225,000,000	233,000,000	245,000,000	294,000,000	225,000,000	214,000,000	316,000,000	175,000,000	134,000,000	148,000,000	163,000,000	219,000,000	144,000,000	165,000,000	256,000,000	390,000,000	304,000,000	212,000,000	205,000,000	187,000,000	175,000,000	184,000,000	163,000,000	167,000,000	160,000,000	165,000,000	164,000,000	158,000,000	157,000,000	152,000,000	145,000,000	151,000,000	162,000,000	166,000,000	150,000,000	126,000,000	141,000,000	154,000,000	124,000,000	112,000,000	116,000,000	126,000,000	129,000,000	110,000,000	126,000,000	127,000,000	108,000,000	93,000,000	166,000,000	125,000,000	136,000,000	112,000,000	198,000,000	171,000,000	170,000,000	140,726,000	214,990,000	196,987,000	181,231,000	96,385,000	64,194,000	40,085,000	26,512,000	117,978,000	34,587,000	35,537,000	38,711,000	34,754,000	56,430,000	25,684,000	19,250,000	12,802,000	14,134,000	11,512,000	13,900	11,623,000
total current assets	7,352,000,000	7,818,000,000	7,786,000,000	7,558,000,000	7,309,000,000	7,321,000,000	9,096,000,000	12,351,000,000	13,578,000,000	8,540,000,000	8,604,000,000	10,851,000,000	10,218,000,000	8,178,000,000	7,423,000,000	5,496,000,000	5,017,000,000	5,654,000,000	7,660,000,000	4,810,000,000	4,716,000,000	5,270,000,000	4,290,000,000	3,499,000,000	4,363,000,000	4,736,000,000	6,370,000,000	5,457,000,000	5,727,000,000	5,638,000,000	5,529,000,000	5,446,000,000	4,921,000,000	4,947,000,000	4,560,000,000	4,346,000,000	4,596,000,000	4,722,000,000	3,284,000,000	3,160,000,000	3,446,000,000	3,688,000,000	3,400,000,000	3,557,000,000	3,718,000,000	3,519,000,000	3,163,000,000	3,072,000,000	2,610,000,000	1,608,000,000	1,492,000,000	1,329,000,000	1,410,000,000	1,406,000,000	6,573,000,000	5,677,000,000	6,429,000,000	10,175,000,000	8,510,000,000	2,880,000,000	2,888,000,000	3,221,000,000	3,454,000,000	4,912,000,000	4,437,000,000	5,302,000,000	5,435,452,000	2,320,912,000	2,163,586,000	1,935,014,000	1,682,017,000	1,710,930,000	2,612,712,000	2,368,822,000	2,312,546,000	2,134,795,000	1,988,688,000	889,288,000	596,963,000	746,237,000	696,371,000	495,621,000	406,197,000	398,850,000	546,245,000	561,184	529,617,000
property and equipment	656,000,000	621,000,000	593,000,000	584,000,000	556,000,000	575,000,000	576,000,000	542,000,000	536,000,000	529,000,000	532,000,000	518,000,000	514,000,000	511,000,000	509,000,000	495,000,000	493,000,000	482,000,000	475,000,000	435,000,000	396,000,000	375,000,000	384,000,000	361,000,000	390,000,000	370,000,000	376,000,000	371,000,000	370,000,000	384,000,000	400,000,000	379,000,000	384,000,000	376,000,000	362,000,000	342,000,000	332,000,000	326,000,000	323,000,000	305,000,000	295,000,000	281,000,000	292,000,000	288,000,000	280,000,000	266,000,000	268,000,000	249,000,000	227,000,000	215,000,000	211,000,000	203,000,000	198,000,000	195,000,000	193,000,000	168,000,000	165,000,000	166,000,000	164,000,000	160,000,000	154,000,000	161,000,000	164,000,000	165,000,000	170,000,000	165,000,000	182,943,000	192,800,000	160,056,000	189,786,000	64,523,000	62,010,000	60,537,000	61,893,000	65,269,000	62,949,000
goodwill	14,328,000,000	14,179,000,000	13,957,000,000	14,165,000,000	13,984,000,000	13,974,000,000	14,112,000,000	7,988,000,000	8,020,000,000	8,103,000,000	8,099,000,000	7,946,000,000	8,151,000,000	8,338,000,000	8,433,000,000	8,510,000,000	8,585,000,000	8,508,000,000	6,850,000,000	6,600,000,000	6,488,000,000	6,326,000,000	6,366,000,000	6,232,000,000	6,382,000,000	6,380,000,000	6,363,000,000	6,369,000,000	6,355,000,000	6,549,000,000	6,586,000,000	6,154,000,000	6,237,000,000	6,070,000,000	6,027,000,000	6,206,000,000	6,236,000,000	5,663,000,000	5,395,000,000	5,421,000,000	5,469,000,000	5,350,000,000	5,538,000,000	5,802,000,000	6,068,000,000	6,173,000,000	6,186,000,000	6,191,000,000	6,048,000,000	5,309,000,000	5,335,000,000	5,286,000,000	5,103,000,000	5,210,000,000	5,061,000,000	5,046,000,000	5,345,000,000	5,339,000,000	5,127,000,000	5,041,000,000	4,526,000,000	4,770,000,000	4,800,000,000	4,922,000,000	4,591,000,000	4,381,000,000	4,492,422,000	4,681,759,000	4,074,588,000	3,918,636,000	980,736,000	975,740,000	1,029,031,000	1,028,926,000	1,028,746,000	999,285,000	988,277,000	988,462,000	961,893,000	143,810,000	142,417,000	141,958,000	141,381,000	141,730,000
intangible assets	6,741,000,000	6,830,000,000	6,905,000,000	7,072,000,000	7,171,000,000	7,291,000,000	7,443,000,000	2,446,000,000	2,490,000,000	2,545,000,000	2,581,000,000	2,583,000,000	2,670,000,000	2,751,000,000	2,813,000,000	2,885,000,000	2,943,000,000	2,967,000,000	2,255,000,000	2,218,000,000	2,215,000,000	2,200,000,000	2,249,000,000	2,239,000,000	2,304,000,000	2,329,000,000	2,300,000,000	2,328,000,000	2,351,000,000	2,432,000,000	2,468,000,000	2,091,000,000	2,102,000,000	2,082,000,000	2,094,000,000	2,740,000,000	2,771,000,000	2,085,000,000	1,959,000,000	1,981,000,000	2,009,000,000	1,995,000,000	2,077,000,000	2,213,000,000	2,313,000,000	2,362,000,000	2,386,000,000	2,409,000,000	2,383,000,000	1,619,000,000	1,650,000,000	1,645,000,000	1,625,000,000	1,680,000,000	1,648,000,000	1,657,000,000	1,767,000,000	1,773,000,000	1,719,000,000	1,680,000,000	1,513,000,000	1,607,000,000	1,631,000,000	1,675,000,000	1,581,000,000	1,536,000,000	1,582,864,000	2,407,257,000	2,039,653,000	2,214,228,000	181,612,000	186,511,000	189,794,000	194,706,000	199,619,000	204,604,000	207,251,000	216,475,000	215,478,000	37,996,000	39,284,000	40,523,000	40,791,000	42,399,000
operating lease assets	441,000,000	381,000,000	375,000,000	388,000,000	400,000,000	400,000,000	402,000,000	397,000,000	410,000,000	427,000,000	444,000,000	448,000,000	462,000,000	470,000,000	366,000,000	383,000,000	383,000,000	396,000,000	381,000,000	387,000,000	405,000,000	324,000,000	346,000,000	346,000,000	365,000,000	378,000,000
other non-current assets	865,000,000	818,000,000	779,000,000	793,000,000	790,000,000	706,000,000	665,000,000	626,000,000	623,000,000	631,000,000	608,000,000	595,000,000	581,000,000	575,000,000	571,000,000	628,000,000	562,000,000	483,000,000	358,000,000	381,000,000	339,000,000	303,000,000	289,000,000	303,000,000	328,000,000	310,000,000	291,000,000	330,000,000	338,000,000	371,000,000	412,000,000	391,000,000	383,000,000	398,000,000	390,000,000	406,000,000	423,000,000	317,000,000	281,000,000	273,000,000	264,000,000	276,000,000	244,000,000	247,000,000	255,000,000	243,000,000	170,000,000	166,000,000	182,000,000	121,000,000	125,000,000	129,000,000	94,000,000	101,000,000	119,000,000	119,000,000	133,000,000
total assets	30,383,000,000	30,647,000,000	30,395,000,000	30,560,000,000	30,210,000,000	30,267,000,000	32,294,000,000	24,350,000,000	25,657,000,000	20,775,000,000	20,868,000,000	22,941,000,000	22,596,000,000	20,823,000,000	20,115,000,000	18,397,000,000	17,983,000,000	18,490,000,000	17,979,000,000	14,831,000,000	14,559,000,000	14,798,000,000	13,924,000,000	12,980,000,000	14,132,000,000	14,503,000,000	15,700,000,000	14,855,000,000	15,141,000,000	15,790,000,000	15,786,000,000	15,072,000,000	14,660,000,000	14,490,000,000	14,150,000,000	14,808,000,000	15,099,000,000	13,717,000,000	11,861,000,000	11,770,000,000	12,104,000,000	12,242,000,000	12,087,000,000	12,692,000,000	13,116,000,000	12,978,000,000	12,577,000,000	12,486,000,000	11,953,000,000	9,188,000,000	9,132,000,000	8,920,000,000	8,927,000,000	9,021,000,000	14,091,000,000	13,157,000,000	14,217,000,000	18,065,000,000	16,207,000,000	10,355,000,000	9,910,000,000	10,519,000,000	10,722,000,000	12,342,000,000	11,660,000,000	12,453,000,000	12,694,875,000	10,218,646,000	8,968,985,000	8,791,307,000	2,979,397,000	3,000,018,000	4,005,313,000	3,767,243,000	3,716,452,000	3,542,395,000	3,415,234,000	2,346,547,000	2,046,786,000	1,113,238,000	1,072,006,000	887,489,000	814,820,000	850,535,000	855,085,000	873,471	851,254,000
liabilities
current liabilities:
accounts payable and accrued expenses	246,000,000	255,000,000	269,000,000	289,000,000	301,000,000	266,000,000	332,000,000	286,000,000	199,000,000	183,000,000	185,000,000	189,000,000	175,000,000	186,000,000	185,000,000	166,000,000	168,000,000	183,000,000	175,000,000	145,000,000	129,000,000	183,000,000	148,000,000	146,000,000	149,000,000	218,000,000	198,000,000	176,000,000	174,000,000	237,000,000	177,000,000	168,000,000	149,000,000	187,000,000	175,000,000	159,000,000	172,000,000	175,000,000	158,000,000	173,000,000	188,000,000	207,000,000	189,000,000	182,000,000	188,000,000	227,000,000	228,000,000	255,000,000	252,000,000	217,000,000	172,000,000	149,000,000	160,000,000	147,000,000	164,000,000	175,000,000	180,000,000	151,000,000	142,000,000	138,000,000	172,000,000	152,000,000	119,000,000	229,000,000	236,000,000	242,000,000	242,356,000	287,773,000	219,866,000	208,837,000	115,114,000	127,530,000	124,309,000	200,903,000	170,753,000	118,390,000	112,092,000	112,635,000	118,884,000	56,186,000	46,217,000	42,778,000	40,180,000	37,288,000	22,669,000	24,556	29,959,000
section 31 fees payable to sec	411,000,000	264,000,000	319,000,000	74,000,000	213,000,000	70,000,000	84,000,000	19,000,000	184,000,000	125,000,000	243,000,000	62,000,000	175,000,000	53,000,000	62,000,000	14,000,000	172,000,000	131,000,000	224,000,000	63,000,000	318,000,000	161,000,000	132,000,000	34,000,000	170,000,000	69,000,000	109,000,000	21,000,000	225,000,000	128,000,000	128,000,000	31,000,000	169,000,000	81,000,000	108,000,000	27,000,000	160,000,000	80,000,000	98,000,000	25,000,000	147,000,000	82,000,000	124,000,000								97,000,000	24,000,000	156,000,000	69,000,000	106,000,000	30,000,000	147,000,000	70,000,000	82,000,000	19,000,000	137,000,000	57,000,000	137,000,000	41,000,000	114,000,000	24,000,000	49,382,000	14,358,000	109,723,000	77,686,000	103,574,000	19,715,000	132,279,000
accrued personnel costs	280,000,000	198,000,000	325,000,000	314,000,000	213,000,000	188,000,000	303,000,000	211,000,000	156,000,000	157,000,000	243,000,000	205,000,000	161,000,000	168,000,000	252,000,000	221,000,000	172,000,000	174,000,000	227,000,000	184,000,000	149,000,000	132,000,000	188,000,000	137,000,000	119,000,000	118,000,000	199,000,000	145,000,000	115,000,000	111,000,000	170,000,000	130,000,000	124,000,000	110,000,000	207,000,000	175,000,000	129,000,000	87,000,000	171,000,000	121,000,000	94,000,000	71,000,000	143,000,000	110,000,000	100,000,000	96,000,000	154,000,000	115,000,000	84,000,000	59,000,000	111,000,000	86,000,000	74,000,000	56,000,000	132,000,000	105,000,000	88,000,000	71,000,000	122,000,000	97,000,000	74,000,000	60,000,000	125,000,000	112,000,000	97,000,000	83,000,000	156,795,000	132,706,000	93,688,000	82,762,000	64,625,000	47,127,000	34,112,000	25,289,000	55,565,000	42,305,000	36,166,000	32,158,000	55,284,000	37,584,000	28,369,000	19,548,000	49,383,000	45,933,000	33,718,000	33,115	48,817,000
deferred revenue	848,000,000	981,000,000	711,000,000	663,000,000	736,000,000	866,000,000	594,000,000	451,000,000	558,000,000	664,000,000	357,000,000	415,000,000	512,000,000	619,000,000	329,000,000	380,000,000	451,000,000	519,000,000	235,000,000	290,000,000	351,000,000	416,000,000	211,000,000	267,000,000	333,000,000	402,000,000	194,000,000	257,000,000	310,000,000	386,000,000	189,000,000	204,000,000	265,000,000	322,000,000	162,000,000	216,000,000	275,000,000	304,000,000	127,000,000	164,000,000	231,000,000	282,000,000	177,000,000	191,000,000	230,000,000	276,000,000	151,000,000	187,000,000	222,000,000	250,000,000	139,000,000	165,000,000	201,000,000	237,000,000	124,000,000	152,000,000	202,000,000	237,000,000	122,000,000	156,000,000	188,000,000	221,000,000	105,000,000	137,000,000	171,000,000	189,000,000	86,328,000	124,152,000	164,506,000	203,195,000	60,537,000	93,779,000	128,671,000	161,606,000	56,447,000	86,658,000	114,869,000	140,602,000	53,593,000	84,622,000	115,338,000	143,197,000	59,537,000	84,013,000	105,856,000	126,563	59,739,000
other current liabilities	154,000,000	187,000,000	215,000,000	229,000,000	234,000,000	184,000,000	146,000,000	146,000,000	140,000,000	173,000,000	122,000,000	158,000,000	140,000,000	157,000,000	115,000,000	132,000,000	132,000,000	377,000,000	121,000,000	101,000,000	204,000,000	171,000,000	161,000,000	147,000,000	132,000,000	321,000,000	253,000,000	173,000,000	115,000,000	161,000,000	85,000,000	94,000,000	115,000,000	174,000,000	129,000,000	134,000,000	161,000,000	169,000,000	138,000,000	147,000,000	125,000,000	133,000,000	116,000,000	135,000,000	135,000,000	186,000,000	141,000,000	114,000,000	127,000,000	116,000,000	119,000,000	115,000,000	120,000,000	120,000,000	121,000,000	151,000,000	158,000,000	149,000,000	119,000,000	134,000,000
short-term debt	500,000,000	400,000,000	399,000,000	499,000,000	548,000,000	224,000,000	291,000,000		140,000,000	347,000,000	664,000,000	799,000,000	1,020,000,000	1,098,000,000	1,018,000,000	480,000,000	221,000,000	435,000,000				1,146,000,000	391,000,000	539,000,000	467,000,000	1,239,000,000	875,000,000	808,000,000	768,000,000	960,000,000	480,000,000	154,000,000	494,000,000
total current liabilities	7,657,000,000	7,971,000,000	7,902,000,000	7,933,000,000	7,791,000,000	7,393,000,000	9,025,000,000	7,048,000,000	8,511,000,000	8,704,000,000	8,835,000,000	11,335,000,000	10,871,000,000	8,851,000,000	7,872,000,000	5,595,000,000	4,895,000,000	5,556,000,000	4,924,000,000	4,161,000,000	4,249,000,000	5,450,000,000	4,227,000,000	3,692,000,000	4,531,000,000	5,641,000,000	6,570,000,000	5,799,000,000	6,148,000,000	6,036,000,000	5,262,000,000	4,723,000,000	4,987,000,000	4,886,000,000	4,082,000,000	4,054,000,000	4,308,000,000	4,429,000,000	2,944,000,000	2,852,000,000	3,146,000,000	3,440,000,000	2,980,000,000	3,194,000,000	3,424,000,000	3,578,000,000	2,800,000,000	2,707,000,000	2,416,000,000	1,114,000,000	927,000,000	805,000,000	987,000,000	859,000,000	6,030,000,000	4,980,000,000	5,919,000,000	9,795,000,000	8,231,000,000	2,367,000,000	2,334,000,000	2,570,000,000	2,867,000,000	4,371,000,000	4,008,000,000	4,960,000,000	5,061,209,000	1,761,118,000	1,595,803,000	1,414,067,000	411,197,000	524,830,000	622,288,000	541,516,000	460,535,000	349,600,000	341,229,000	358,857,000	325,328,000	248,175,000	252,035,000	275,958,000	208,316,000	240,338,000	246,312,000	259,943	237,631,000
long-term debt	8,678,000,000	8,926,000,000	9,081,000,000	9,359,000,000	9,249,000,000	9,765,000,000	10,163,000,000	9,703,000,000	9,792,000,000	4,762,000,000	4,735,000,000	4,573,000,000	4,696,000,000	4,800,000,000	4,812,000,000	5,447,000,000	5,480,000,000	5,455,000,000	5,541,000,000	3,571,000,000	3,482,000,000	2,962,000,000	2,996,000,000	2,939,000,000	3,022,000,000	2,328,000,000	2,956,000,000	3,072,000,000	3,079,000,000	3,155,000,000	3,727,000,000	3,589,000,000	3,058,000,000
deferred tax liabilities	1,540,000,000	1,586,000,000	1,594,000,000	1,566,000,000	1,632,000,000	1,655,000,000	1,642,000,000	509,000,000	474,000,000	463,000,000	456,000,000	470,000,000	464,000,000	431,000,000	406,000,000	395,000,000	337,000,000	542,000,000	502,000,000	513,000,000	506,000,000	507,000,000	552,000,000	525,000,000	510,000,000	503,000,000	501,000,000	137,000,000	99,000,000	600,000,000	602,000,000	726,000,000	732,000,000	702,000,000	720,000,000	980,000,000	983,000,000	678,000,000	24,000,000	27,000,000	30,000,000	30,000,000	37,000,000	37,000,000	38,000,000	36,000,000	38,000,000	38,000,000	36,000,000	35,000,000	35,000,000	27,000,000	27,000,000	27,000,000	27,000,000	26,000,000	27,000,000	27,000,000	26,000,000	26,000,000	22,000,000	24,000,000	23,000,000	24,000,000	21,000,000	20,000,000	14,284,000	31,262,000	23,939,000	29,579,000	8,807,000	232,000	131,869,000	69,747,000	94,993,000
operating lease liabilities	453,000,000	393,000,000	388,000,000	399,000,000	409,000,000	413,000,000	417,000,000	412,000,000	427,000,000	442,000,000	452,000,000	456,000,000	470,000,000	478,000,000	386,000,000	398,000,000	397,000,000	406,000,000	389,000,000	397,000,000	403,000,000	310,000,000	331,000,000	327,000,000	343,000,000	357,000,000
other non-current liabilities	237,000,000	216,000,000	230,000,000	222,000,000	221,000,000	222,000,000	220,000,000	199,000,000	206,000,000	225,000,000	226,000,000	223,000,000	244,000,000	241,000,000	234,000,000	207,000,000	203,000,000	197,000,000	187,000,000	175,000,000	162,000,000	171,000,000	179,000,000	170,000,000	175,000,000	180,000,000	137,000,000	154,000,000	177,000,000	168,000,000	162,000,000	142,000,000	146,000,000	144,000,000	144,000,000	140,000,000	161,000,000	160,000,000	142,000,000	143,000,000	147,000,000	154,000,000	159,000,000	137,000,000	148,000,000	147,000,000	153,000,000	182,000,000	192,000,000	192,000,000	196,000,000	192,000,000	198,000,000	182,000,000	179,000,000	177,000,000	187,000,000
total liabilities	18,565,000,000	19,092,000,000	19,195,000,000	19,479,000,000	19,302,000,000	19,448,000,000	21,467,000,000	17,871,000,000	19,410,000,000	14,596,000,000	14,704,000,000	17,057,000,000	16,745,000,000	14,801,000,000	13,710,000,000	12,042,000,000	11,312,000,000	12,156,000,000	11,543,000,000	8,817,000,000	8,802,000,000	9,400,000,000	8,285,000,000	7,653,000,000	8,581,000,000	9,009,000,000	10,251,000,000	9,253,000,000	9,599,000,000	10,065,000,000	9,899,000,000	9,337,000,000	9,084,000,000	9,138,000,000	8,720,000,000	9,054,000,000	9,382,000,000	8,020,000,000	6,252,000,000	6,224,000,000	6,388,000,000	6,697,000,000	6,293,000,000	6,574,000,000	6,909,000,000	6,738,000,000	6,393,000,000	6,430,000,000	6,090,000,000	3,985,000,000	3,923,000,000	3,784,000,000	3,957,000,000	3,860,000,000	9,105,000,000	8,161,000,000	9,057,000,000	13,028,000,000	11,478,000,000	5,277,000,000	5,217,000,000	5,572,000,000	5,763,000,000	7,356,000,000	7,147,000,000	8,196,000,000	8,436,430,000	5,460,248,000	4,240,828,000	4,166,331,000	771,114,000	1,219,301,000	2,402,341,000	2,325,469,000	2,259,001,000	2,224,522,000	2,235,898,000	1,824,296,000	1,792,781,000	896,665,000	898,064,000	718,967,000	658,257,000	693,453,000	692,664,000	711,469	690,558,000
commitments and contingencies
equity
nasdaq stockholders’ equity:
common stock	6,000,000	6,000,000	6,000,000	6,000,000	6,000,000	6,000,000	6,000,000	5,000,000	5,000,000	5,000,000	5,000,000	5,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,000,000	2,023,000	2,011,000	2,004,000	2,001,000	1,393,000	1,307,000	1,307,000	1,307,000	1,307,000	1,307,000	1,308,000	1,307,000	1,307,000	1,307,000	1,307,000	1,307,000	1,306,000	1,306,000	1,306,000	1,306	1,306,000
additional paid-in capital	5,425,000,000	5,450,000,000	5,530,000,000	5,477,000,000	5,528,000,000	5,526,000,000	5,496,000,000	1,394,000,000	1,363,000,000	1,312,000,000	1,445,000,000	1,408,000,000	1,385,000,000	1,510,000,000	1,952,000,000	1,983,000,000	2,435,000,000	2,405,000,000	2,547,000,000	2,524,000,000	2,533,000,000	2,527,000,000	2,632,000,000	2,585,000,000	2,713,000,000	2,732,000,000	2,716,000,000	2,676,000,000	2,712,000,000	2,926,000,000	3,024,000,000	3,012,000,000	3,011,000,000	2,963,000,000	3,104,000,000	3,046,000,000	3,062,000,000	3,001,000,000	3,011,000,000	3,032,000,000	3,257,000,000	3,243,000,000	3,222,000,000	4,354,000,000	4,328,000,000	4,302,000,000	4,278,000,000	4,270,000,000	4,261,000,000	3,776,000,000	3,771,000,000	3,804,000,000	3,797,000,000	3,798,000,000	3,793,000,000	3,790,000,000	3,780,000,000	3,784,000,000	3,780,000,000	3,776,000,000	3,774,000,000	3,743,000,000	3,731,000,000	3,723,000,000	3,593,000,000	3,578,000,000	3,518,481,000	3,488,964,000	3,474,450,000	3,465,194,000	1,189,224,000	1,063,836,000	1,056,588,000	1,051,220,000	1,046,599,000	1,040,906,000	1,039,229,000	607,147,000	383,669,000	363,480,000	358,124,000	356,214,000	355,943,000	358,535,000	358,615,000	359,318	358,923,000
common stock in treasury, at cost: 24,613,881 shares at june 30, 2025 and 23,858,161 shares at december 31, 2024	-706,000,000
accumulated other comprehensive loss	-1,869,000,000	-1,896,000,000	-2,099,000,000	-1,952,000,000	-2,011,000,000	-2,044,000,000	-1,924,000,000	-2,102,000,000	-2,119,000,000	-2,006,000,000	-1,991,000,000	-2,092,000,000	-1,905,000,000	-1,670,000,000	-1,587,000,000	-1,511,000,000	-1,452,000,000	-1,505,000,000	-1,368,000,000	-1,632,000,000	-1,715,000,000	-1,909,000,000	-1,686,000,000	-1,833,000,000	-1,666,000,000	-1,645,000,000	-1,530,000,000	-1,184,000,000	-1,191,000,000	-1,060,000,000	-862,000,000	-825,000,000	-892,000,000	-987,000,000	-979,000,000	-882,000,000	-860,000,000	-770,000,000	-864,000,000	-847,000,000	-805,000,000	-883,000,000	-682,000,000	-325,000,000	-142,000,000	-71,000,000	-67,000,000	-51,000,000	-139,000,000	-218,000,000	-185,000,000	-222,000,000	-368,000,000	-218,000,000	-350,000,000	-346,000,000	-62,000,000	-82,000,000	-272,000,000	-268,000,000	-647,000,000	-438,000,000	-406,000,000	-331,000,000	-600,000,000	-766,000,000											-31,888,000	-1,247,000	-1,290,000	-815,000	-743,000	-1,624,000
retained earnings	8,955,000,000	8,658,000,000	8,401,000,000	8,184,000,000	8,016,000,000	7,932,000,000	7,825,000,000	7,755,000,000	7,569,000,000	7,411,000,000	7,207,000,000	7,064,000,000	6,869,000,000	6,660,000,000	6,465,000,000	6,296,000,000	6,098,000,000	5,845,000,000	5,628,000,000	5,484,000,000	5,301,000,000	5,140,000,000	5,027,000,000	4,901,000,000	4,829,000,000	4,732,000,000	4,558,000,000	4,399,000,000	4,309,000,000	4,146,000,000	3,970,000,000	3,787,000,000	3,680,000,000	3,595,000,000	3,479,000,000	3,757,000,000	3,679,000,000	3,609,000,000	3,571,000,000	3,464,000,000	3,366,000,000	3,276,000,000	3,292,000,000	3,231,000,000	3,134,000,000	3,032,000,000	2,976,000,000	2,857,000,000	2,765,000,000	2,699,000,000	2,678,000,000	2,614,000,000	2,547,000,000	2,476,000,000	2,391,000,000	2,310,000,000	2,200,000,000	2,108,000,000	2,004,000,000	1,867,000,000	1,766,000,000	1,670,000,000	1,610,000,000	1,567,000,000	1,507,000,000	1,438,000,000	1,350,278,000	1,313,514,000	1,253,398,000	1,151,761,000	1,030,398,000	951,435,000	586,441,000	530,313,000	512,997,000	449,962,000	419,736,000	403,092,000	385,794,000	369,692,000	353,266,000	341,541,000	330,701,000	329,108,000	335,597,000	334,359	332,527,000
total nasdaq stockholders’ equity	11,811,000,000	11,546,000,000	11,191,000,000	11,072,000,000	10,898,000,000	10,809,000,000	10,816,000,000	6,467,000,000	6,235,000,000	6,167,000,000	6,151,000,000	5,875,000,000	5,842,000,000	6,013,000,000	6,395,000,000	6,345,000,000	6,660,000,000	6,332,000,000	6,433,000,000	6,011,000,000	5,754,000,000	5,396,000,000	5,639,000,000	5,327,000,000	5,551,000,000	5,494,000,000	5,449,000,000	5,602,000,000	5,542,000,000	5,725,000,000	5,887,000,000	5,735,000,000	5,576,000,000	5,352,000,000	5,430,000,000
noncontrolling interests	7,000,000	9,000,000	9,000,000	9,000,000	10,000,000	10,000,000	11,000,000	12,000,000	12,000,000	12,000,000	13,000,000	9,000,000	9,000,000	9,000,000	10,000,000	10,000,000	11,000,000	2,000,000	3,000,000	3,000,000	3,000,000	2,000,000																				1,000,000	1,000,000	1,000,000	2,000,000	1,000,000		1,000,000	1,000,000	3,000,000	1,000,000	1,000,000	9,000,000	9,000,000	10,000,000	9,000,000	10,000,000	11,000,000	11,000,000	11,000,000	10,000,000	12,000,000	17,000,000	21,000,000	22,000,000	16,000,000
total equity	11,818,000,000	11,555,000,000	11,200,000,000	11,081,000,000	10,908,000,000	10,819,000,000	10,827,000,000	6,479,000,000	6,247,000,000	6,179,000,000	6,164,000,000	5,884,000,000	5,851,000,000	6,022,000,000	6,405,000,000	6,355,000,000	6,671,000,000	6,334,000,000	6,436,000,000	6,014,000,000	5,757,000,000	5,398,000,000																	5,609,000,000	5,546,000,000	5,716,000,000	5,545,000,000	5,794,000,000	6,118,000,000	6,207,000,000	6,240,000,000	6,184,000,000	6,056,000,000	5,863,000,000	5,203,000,000	5,209,000,000	5,136,000,000	4,970,000,000	5,161,000,000	4,986,000,000	4,996,000,000	5,160,000,000	5,037,000,000	4,729,000,000	5,078,000,000	4,693,000,000	4,931,000,000	4,944,000,000	4,971,000,000	4,513,000,000	4,257,000,000
total liabilities and equity	30,383,000,000	30,647,000,000	30,395,000,000	30,560,000,000	30,210,000,000	30,267,000,000	32,294,000,000	24,350,000,000	25,657,000,000	20,775,000,000	20,868,000,000	22,941,000,000	22,596,000,000	20,823,000,000	20,115,000,000	18,397,000,000	17,983,000,000	18,490,000,000	17,979,000,000	14,831,000,000	14,559,000,000	14,798,000,000	13,924,000,000	12,980,000,000	14,132,000,000	14,503,000,000	15,700,000,000	14,855,000,000	15,141,000,000	15,790,000,000	15,786,000,000	15,072,000,000	14,660,000,000	14,490,000,000	14,150,000,000	14,808,000,000	15,099,000,000	13,717,000,000	11,861,000,000	11,770,000,000	12,104,000,000	12,242,000,000	12,087,000,000	12,692,000,000	13,116,000,000	12,978,000,000	12,577,000,000	12,486,000,000	11,953,000,000	9,188,000,000	9,132,000,000	8,920,000,000	8,927,000,000	9,021,000,000	14,091,000,000	13,157,000,000	14,217,000,000	18,065,000,000							11,660,000,000	12,453,000,000
common stock in treasury, at cost: 24,178,595 shares at march 31, 2025 and 23,858,161 shares at december 31, 2024		-672,000,000
common stock in treasury, at cost: 23,858,161 shares at december 31, 2024 and 22,855,184 shares at december 31, 2023			-647,000,000
common stock in treasury, at cost: 23,798,693 shares at september 30, 2024 and 22,855,184 shares at december 31, 2023				-643,000,000
common stock in treasury, at cost: 23,763,001 shares at june 30, 2024 and 22,855,184 shares at december 31, 2023					-641,000,000
common stock in treasury, at cost: 23,293,703 shares at march 31, 2024 and 22,855,184 shares at december 31, 2023						-611,000,000
common stock in treasury, at cost: 22,855,184 shares at december 31, 2023 and 21,565,139 shares at december 31, 2022							-587,000,000
common stock in treasury, at cost: 22,817,941 shares at september 30, 2023 and 21,565,139 shares at december 31, 2022								-585,000,000
common stock in treasury, at cost: 22,786,128 shares at june 30, 2023 and 21,565,139 shares at december 31, 2022									-583,000,000
common stock in treasury, at cost: 22,261,969 shares at march 31, 2023 and 21,565,139 shares at december 31, 2022										-555,000,000
common stock in treasury, at cost: 21,565,139 shares at december 31, 2022 and 20,217,912 shares at december 31, 2021											-515,000,000
common stock in treasury, at cost: 21,480,515 shares at september 30, 2022 and 20,217,912 shares at december 31, 2021												-510,000,000
common stock in treasury, at cost: 7,154,204 shares at june 30, 2022 and 6,739,304 shares at december 31, 2021													-509,000,000
common stock in treasury, at cost: 7,046,972 shares at march 31, 2022 and 6,739,304 shares at december 31, 2021														-489,000,000
common stock in treasury, at cost: 6,739,304 shares at december 31, 2021 and 6,345,083 shares at december 31, 2020															-437,000,000
common stock in treasury, at cost: 6,679,567 shares at september 30, 2021 and 6,345,083 shares at december 31, 2020																-425,000,000
common stock in treasury, at cost: 6,669,155 shares at june 30, 2021 and 6,345,083 shares at december 31, 2020																	-423,000,000
common stock in treasury, at cost: 6,618,279 shares at march 31, 2021 and 6,345,083 shares at december 31, 2020																		-415,000,000
common stock in treasury, at cost: 6,345,083 shares at december 31, 2020 and 5,980,571 shares at december 31, 2019																			-376,000,000
common stock in treasury, at cost: 6,277,357 shares at september 30, 2020 and 5,980,571 shares at december 31, 2019																				-367,000,000
restricted cash																					30,000,000	29,000,000	30,000,000	29,000,000	30,000,000	67,000,000	41,000,000	52,000,000	34,000,000	24,000,000	22,000,000	21,000,000	18,000,000	78,000,000	15,000,000	19,000,000	22,000,000	21,000,000	56,000,000	18,000,000	17,000,000	19,000,000	49,000,000	27,000,000	39,000,000	84,000,000	84,000,000	81,000,000	82,000,000	83,000,000	85,000,000	81,000,000	36,000,000	38,000,000	43,000,000	51,000,000	59,000,000	60,000,000	60,000,000	53,000,000	31,000,000	44,000,000	60,000,000	155,000,000	152,000,000	139,000,000
common stock in treasury, at cost: 6,273,338 shares at june 30, 2020 and 5,980,571 shares at december 31, 2019																					-367,000,000
common stock in treasury, at cost: 6,252,080 shares at march 31, 2020 and 5,980,571 shares at december 31, 2019																						-364,000,000
common stock in treasury, at cost: 5,980,571 shares at december 31, 2019 and 5,544,321 shares at december 31, 2018																							-336,000,000
financial investments, at fair value																								201,000,000	259,000,000	220,000,000	268,000,000	202,000,000	313,000,000	224,000,000	235,000,000	207,000,000	300,000,000	220,000,000	245,000,000	238,000,000	255,000,000	259,000,000	201,000,000	193,000,000	264,000,000	194,000,000	174,000,000	169,000,000	203,000,000	197,000,000	162,000,000	190,000,000	170,000,000	218,000,000	223,000,000	157,000,000	196,000,000	215,000,000	279,000,000	294,000,000	320,000,000	283,000,000	253,000,000	343,000,000	310,000,000	261,000,000	308,000,000	257,000,000	236,000,000	224,000,000	227,305,000	194,062,000	136,971,000	121,208,000
common stock in treasury, at cost: 5,908,134 shares at september 30, 2019 and 5,544,321 shares at december 31, 2018																								-328,000,000
common stock in treasury, at cost: 5,898,887 shares at june 30, 2019 and 5,544,321 shares at december 31, 2018																									-327,000,000
common stock in treasury, at cost: 5,891,499 shares at march 31, 2019 and 5,544,321 shares at december 31, 2018																										-327,000,000
non-current deferred revenue																											87,000,000	91,000,000	96,000,000	106,000,000	146,000,000	157,000,000	161,000,000	164,000,000	171,000,000	191,000,000	199,000,000	188,000,000	200,000,000	211,000,000	208,000,000	210,000,000	215,000,000	221,000,000	232,000,000	222,000,000	143,000,000	152,000,000	146,000,000	148,000,000	156,000,000	160,000,000	160,000,000	173,000,000	154,000,000	158,000,000	170,000,000	172,000,000	170,000,000	169,000,000	157,000,000	159,000,000	160,000,000	159,000,000	163,000,000	157,000,000	109,291,000	125,224,000	130,934,000	136,835,000	94,045,000	93,776,000	96,120,000	96,570,000	90,644,000	96,454,000	98,618,000	93,482,000	92,019,000	94,289,000	94,157,000	89,758,000	89,821,000	90,804,000	88,254,000	84,927	84,703,000
common stock in treasury, at cost: 5,544,321 shares at december 31, 2018 and 4,932,402 shares at december 31, 2017																											-297,000,000
assets held for sale																														268,000,000	297,000,000	300,000,000
liabilities held for sale																														27,000,000	45,000,000	49,000,000
common stock in treasury, at cost: 5,474,758 shares at september 30, 2018 and 4,932,402 shares at december 31, 2017																												-291,000,000
common stock in treasury, at cost: 5,464,771 shares at june 30, 2018 and 4,932,402 shares at december 31, 2017																													-290,000,000
deferred tax assets																														416,000,000	391,000,000	611,000,000	633,000,000	617,000,000	717,000,000	768,000,000	741,000,000	604,000,000	24,000,000	49,000,000	35,000,000	23,000,000	16,000,000	30,000,000	22,000,000	17,000,000	12,000,000	54,000,000	51,000,000	46,000,000	33,000,000	16,000,000	16,000,000	14,000,000	16,000,000	20,000,000	24,000,000	8,000,000	13,000,000	17,000,000	24,000,000	22,000,000	25,000,000	43,000,000	42,000,000	33,000,000	41,300,000	36,595,000	18,066,000	15,987,000	10,794,000	104,729,000	18,039,000	18,086,000	11,098,000	11,450,000	14,324,000	13,330,000	9,953,000
common stock in treasury, at cost: 5,452,116 shares at march 31, 2018 and 4,932,402 shares at december 31, 2017																														-289,000,000
common stock in treasury, at cost: 4,932,402 shares at december 31, 2017 and 3,921,718 shares at december 31, 2016																															-247,000,000
common stock in treasury, at cost: 4,859,485 shares at september 30, 2017 and 3,921,718 shares at december 31, 2016																																-241,000,000
common stock in treasury, at cost: 4,634,412 shares at june 30, 2017 and 3,921,718 shares at december 31, 2016																																	-225,000,000
current portion of debt obligations																																		379,000,000		20,000,000				20,000,000						430,000,000	45,000,000	45,000,000	138,000,000	137,000,000	45,000,000	45,000,000	45,000,000	45,000,000	45,000,000	45,000,000	140,000,000	140,000,000	140,000,000	140,000,000	140,000,000	105,000,000	225,000,000	169,000,000	225,000,000	225,000,000	225,000,000	206,250,000	98,438,000	68,906,000			10,681,000	10,681,000	10,681,000	11,693,000	11,848,000	7,500,000	7,500,000
debt obligations																																		3,242,000,000	3,603,000,000	3,689,000,000	3,731,000,000	2,565,000,000	2,364,000,000	2,415,000,000	2,281,000,000	2,306,000,000	2,313,000,000	2,345,000,000	2,408,000,000	2,084,000,000	2,589,000,000	2,673,000,000	2,647,000,000	1,829,000,000	1,931,000,000	1,941,000,000	1,951,000,000	1,962,000,000	2,072,000,000	2,168,000,000	2,069,000,000	2,150,000,000	2,181,000,000	1,846,000,000	1,912,000,000	1,986,000,000	1,867,000,000	1,920,000,000	2,090,000,000	2,229,000,000	2,293,756,000	2,349,919,000	1,545,145,000	1,574,590,000	118,438,000	443,088,000	1,487,795,000	1,490,371,000	1,492,947,000	1,594,510,000	1,612,565,000	1,183,147,000	1,184,928,000
common stock in treasury, at cost: 4,591,558, shares at march 31, 2017 and 3,921,718 shares at december 31, 2016																																		-221,000,000
common stock in treasury, at cost: 3,921,718 shares at december 31, 2016 and 2,917,464 shares at december 31, 2015																																			-176,000,000
nasdaq stockholders' equity:
common stock in treasury, at cost: 3,820,143 shares at september 30, 2016 and 2,917,464 shares at december 31, 2015																																				-169,000,000
total nasdaq stockholders' equity																																				5,754,000,000	5,717,000,000	5,697,000,000	5,609,000,000	5,546,000,000	5,716,000,000	5,544,000,000	5,793,000,000	6,117,000,000
common stock in treasury, at cost: 3,797,504 shares at june 30, 2016 and 2,917,464 shares at december 31, 2015																																					-166,000,000
common stock in treasury, at cost: 3,452,373 shares at march 31, 2016 and 2,917,464 shares at december 31, 2015																																						-145,000,000
non-current deferred tax assets																																							619,000,000	630,000,000	621,000,000	652,000,000	536,000,000	585,000,000	482,000,000	415,000,000	404,000,000	399,000,000	478,000,000	291,000,000	294,000,000	303,000,000	392,000,000	326,000,000	392,000,000	385,000,000	273,000,000	358,000,000	433,000,000	403,000,000	640,000,000	523,000,000	504,000,000	403,000,000	615,000,000	720,000,000	644,112,000	191,912,000	163,521,000	156,948,000	63,279,000	58,049,000	100,844,000	100,263,000	96,986,000	126,149,000	124,267,000	127,845,000	133,336,000
non-current deferred tax liabilities																																							602,000,000	603,000,000	606,000,000	587,000,000	626,000,000	677,000,000	697,000,000	707,000,000	708,000,000	716,000,000	689,000,000	702,000,000	713,000,000	686,000,000	661,000,000	684,000,000	670,000,000	678,000,000	712,000,000	716,000,000	698,000,000	713,000,000	644,000,000	676,000,000	683,000,000	726,000,000	688,000,000	675,000,000	671,933,000	1,020,486,000	864,698,000	925,832,000	91,811,000	91,059,000	95,342,000	96,507,000	115,791,000	88,328,000	89,221,000	93,028,000	95,151,000
common stock in treasury, at cost: 2,917,464 shares at december 31, 2015 and 1,530,041 shares at december 31, 2014																																							-111,000,000
common stock in treasury, at cost: 2,816,061 shares at september 30, 2015 and 1,530,041 shares at december 31, 2014																																								-105,000,000
common stock in treasury, at cost: 2,800,570 shares at june 30, 2015 and 1,530,041 shares at december 31, 2014																																									-104,000,000
common stock in treasury, at cost: 2,599,509 shares at march 31, 2015 and 1,530,041 shares at december 31, 2014																																										-94,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: none at december 31, 2014 and 1,600,000 at december 31, 2013; shares outstanding: none at december 31, 2014 and december 31, 2013
common stock in treasury, at cost: 1,530,041 shares at december 31, 2014 and 45,062,071 shares at december 31, 2013																																											-41,000,000
sections 31 fees payable to sec																																												26,000,000	154,000,000	74,000,000	82,000,000	19,000,000	145,000,000	71,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: none at september 30, 2014 and 1,600,000 at december 31, 2013; shares outstanding: none at september 30, 2014 and december 31, 2013
common stock in treasury, at cost: 48,731,243 shares at september 30, 2014 and 45,062,071 shares at december 31, 2013																																												-1,145,000,000
nasdaq omx stockholders' equity:
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: none at june 30, 2014 and 1,600,000 at december 31, 2013; shares outstanding: none at june 30, 2014 and december 31, 2013
common stock in treasury, at cost: 48,052,711 shares at june 30, 2014 and 45,062,071 shares at december 31, 2013																																													-1,117,000,000
total nasdaq omx stockholders' equity																																													6,205,000,000	6,239,000,000	6,184,000,000	6,055,000,000	5,862,000,000	5,200,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: none at march 31, 2014 and 1,600,000 at december 31, 2013; shares outstanding: none at march 31, 2014 and december 31, 2013
common stock in treasury, at cost: 45,613,102 shares at march 31, 2014 and 45,062,071 shares at december 31, 2013																																														-1,026,000,000
non-current restricted cash																																																	25,000,000	25,000,000	25,000,000	25,000,000	105,000,000	103,000,000	105,000,000	105,000,000	105,000,000	105,000,000	105,000,000	106,000,000	105,000,000	105,000,000	50,000,000	50,000,000	50,000,000	50,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at december 31, 2013 and december 31, 2012; shares outstanding: none at december 31, 2013 and december 31, 2012
common stock in treasury, at cost: 45,062,071 shares at december 31, 2013 and 47,821,070 shares at december 31, 2012																																															-1,005,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at september 30, 2013 and december 31, 2012; shares outstanding: none at september 30, 2013 and december 31, 2012
common stock in treasury, at cost: 46,021,709 shares at september 30, 2013 and 47,821,070 shares at december 31, 2012																																																-1,023,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at june 30, 2013 and december 31, 2012; shares outstanding: none at june 30, 2013 and december 31, 2012
common stock in treasury, at cost: 46,205,474 shares at june 30, 2013 and 47,821,070 shares at december 31, 2012																																																	-1,027,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at march 31, 2013 and december 31, 2012; shares outstanding: none at march 31, 2013 and december 31, 2012
common stock in treasury, at cost: 47,665,311 shares at march 31, 2013 and 47,821,070 shares at december 31, 2012																																																		-1,059,000,000
open clearing contracts:
derivative positions, at fair value																																																							1,566,000,000	1,423,000,000	1,417,000,000	2,295,000,000	4,037,000,000
resale agreements, at contract value																																																							3,745,000,000	2,873,000,000	3,560,000,000	6,655,000,000	3,441,000,000
repurchase agreements, at contract value																																																							3,745,000,000	2,873,000,000	3,560,000,000	6,655,000,000	3,441,000,000
nasdaq omx stockholders’ equity:
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at december 31, 2012 and december 31, 2011; shares outstanding: none at december 31, 2012 and december 31, 2011
common stock in treasury, at cost: 47,821,070 shares at december 31, 2012 and 39,845,172 shares at december 31, 2011																																																			-1,058,000,000
total nasdaq omx stockholders’ equity																																																			5,208,000,000	5,135,000,000	4,961,000,000	5,152,000,000	4,976,000,000	4,987,000,000	5,150,000,000	5,026,000,000	4,718,000,000	5,067,000,000	4,683,000,000	4,919,000,000	4,927,000,000	4,950,000,000	4,491,000,000	4,241,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at september 30, 2012 and december 31, 2011; shares outstanding: none at september 30, 2012 and december 31, 2011
common stock in treasury, at cost: 48,228,002 shares at september 30, 2012 and 39,845,172 shares at december 31, 2011																																																				-1,063,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at june 30, 2012 and december 31, 2011; shares outstanding: none at june 30, 2012 and december 31, 2011
common stock in treasury, at cost: 46,247,034 shares at june 30, 2012 and 39,845,172 shares at december 31, 2011																																																					-1,017,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at march 31, 2012 and december 31, 2011; shares outstanding: none at march 31, 2012 and december 31, 2011
common stock in treasury, at cost: 41,536,198 shares at march 31, 2012 and 39,845,172 shares at december 31, 2011																																																						-906,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at december 31, 2011 and december 31, 2010; shares outstanding: none at december 31, 2011 and december 31, 2010
common stock in treasury, at cost: 39,845,172 shares at december 31, 2011 and 37,587,403 shares at december 31, 2010																																																							-860,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at september 30, 2011 and december 31, 2010; shares outstanding: none at september 30, 2011 and december 31, 2010
common stock in treasury, at cost: 36,245,581 shares at september 30, 2011 and 37,587,403 shares at december 31, 2010																																																								-769,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at june 30, 2011 and december 31, 2010; shares outstanding: none at june 30, 2011 and december 31, 2010
common stock in treasury, at cost: 36,315,600 shares at june 30, 2011 and 37,587,403 shares at december 31, 2010																																																									-770,000,000
other assets																																																										149,000,000	149,000,000	85,000,000	84,000,000	132,000,000	119,000,000	215,000,000	216,000,000	299,000,000	357,082,000	424,006,000	367,581,000	376,695,000	7,230,000	6,778,000	12,395,000	12,633,000	13,286,000	14,613,000	12,446,000	16,714,000	16,540,000	1,659,000	1,070,000	1,023,000	1,838,000	1,423,000	1,491,000	1,507	1,238,000
other liabilities																																																										195,000,000	198,000,000	182,000,000	170,000,000	181,000,000	186,000,000	180,000,000	198,000,000	175,000,000	300,241,000	203,501,000	104,248,000	115,007,000	55,623,000	66,548,000	100,796,000	100,505,000	99,084,000	71,032,000	69,624,000	70,439,000	69,514,000	33,524,000	34,485,000	35,625,000	39,935,000	37,810,000	30,049,000	33,227	35,476,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at march 31, 2011 and december 31, 2010; shares outstanding: none at march 31, 2011 and december 31, 2010
common stock in treasury, at cost: 37,076,791 shares at march 31, 2011 and 37,587,403 shares at december 31, 2010																																																										-786,000,000
series a convertible preferred stock																																																														16,000,000	15,000,000	15,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at december 31, 2010 and december 31, 2009; shares outstanding: none at december 31, 2010 and 1,600,000 at december 31, 2009
common stock in treasury, at cost: 37,587,403 shares at december 31, 2010 and 327,722 shares at december 31, 2009																																																											-796,000,000
total liabilities, series a convertible preferred stock and equity																																																											16,207,000,000	10,355,000,000	9,910,000,000	10,519,000,000	10,722,000,000	12,342,000,000
market value, outstanding derivative positions																																																												1,657,000,000	1,511,000,000	1,846,000,000	2,054,000,000	3,569,000,000	3,034,000,000	4,048,000,000	4,121,797,000	761,740,000	716,632,000	476,954,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at september 30, 2010 and december 31, 2009; shares outstanding: none at september 30, 2010 and 1,600,000 at december 31, 2009
common stock in treasury, at cost: 15,167,044 shares at september 30, 2010 and 327,722 shares at december 31, 2009																																																												-310,000,000
other accrued liabilities																																																													90,000,000	105,000,000	79,000,000	90,000,000	110,000,000	129,000,000	165,267,000	202,877,000	169,011,000	155,855,000	24,398,000	75,658,000	60,367,000	73,290,000	72,096,000	80,415,000	56,456,000	56,705,000	61,849,000	49,252,000	43,579,000	49,829,000	42,467,000	64,299,000	75,888,000	66,276	75,951,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued: 1,600,000 at june 30, 2010 and december 31, 2009; shares outstanding: none at june 30, 2010 and 1,600,000 at december 31, 2009
common stock in treasury, at cost: 10,291,952 shares at june 30, 2010 and 327,722 shares at december 31, 2009																																																													-212,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued and outstanding: 1,600,000 at march 31, 2010 and december 31, 2009
common stock in treasury, at cost: 2,637,797 shares at march 31, 2010 and 327,722 shares at december 31, 2009																																																														-58,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued and outstanding: 1,600,000 at december 31, 2009 (classified above as temporary equity) and none at december 31, 2008
common stock in treasury, at cost: 327,722 shares at december 31, 2009 and 291,444 shares at december 31, 2008																																																															-10,000,000
preferred stock, 30,000,000 shares authorized, series a convertible preferred stock: shares issued and outstanding: 1,600,000 at september 30, 2009 (classified above as temporary equity) and none at december 31, 2008
common stock in treasury, at cost: 317,155 shares at september 30, 2009 and 291,444 shares at december 31, 2008																																																																-11,000,000
liabilities and equity
preferred stock, 30,000,000 shares authorized, none issued or outstanding
common stock in treasury, at cost: 311,761 shares at june 30, 2009 and 291,444 shares at december 31, 2008																																																																	-11,000,000
common stock in treasury, at cost: 302,545 shares at march 31, 2009 and 291,444 shares at december 31, 2008																																																																		-11,000,000
liabilities and stockholders’ equity
minority interests																																																																			17,023,000	3,758,000	12,896,000	12,391,000
stockholders’ equity
common stock in treasury, at cost: 291,444 shares at december 31, 2008 and 227,612 shares at december 31, 2007																																																																			-10,350,000
accumulated other comprehensive income																																																																			-619,010,000	-36,702,000	-4,695,000	2,888,000	-4,697,000	-10,692,000	190,507,000	95,602,000	136,204,000	71,168,000							-1,056,000	-593,000	-1,645,000	-118	86,000
total stockholders’ equity																																																																			4,241,422,000	4,754,640,000	4,715,261,000	4,612,585,000	2,208,283,000	1,780,717,000	1,602,972,000	1,441,774,000	1,457,355,000	1,317,462,000	1,178,791,000	521,389,000	253,007,000	205,191,000	163,716,000	168,522,000	156,563,000	157,082,000	162,421,000	162,002	160,696,000
total liabilities, minority interests and stockholders’ equity																																																																			12,694,875,000	10,218,646,000	8,968,985,000	8,791,307,000																	851,254,000
common stock in treasury, at cost: 272,786 shares at september 30, 2008 and 227,612 shares at december 31, 2007																																																																				-13,147,000
common stock in treasury, at cost: 272,377 shares at june 30, 2008 and 227,612 shares at december 31, 2007																																																																					-9,896,000
income tax payable																																																																						110,293,000	34,142,000	160,789,000
common stock in treasury, at cost: 255,780 shares at march 31, 2008 and 227,612 shares at december 31, 2007																																																																						-9,259,000
available-for-sale investments, at fair value																																																																								9,201,000	1,694,984,000	1,531,778,000	1,628,209,000	1,419,826,000	1,215,525,000	221,275,000
minority interest																																																																											96,000	411,000	545,000	862,000	998,000	1,156,000
common stock in treasury, at cost: 227,612 shares at december 31, 2007 and 18,390,886 shares at december 31, 2006																																																																							-8,035,000
total liabilities, minority interest and stockholders’ equity																																																																							2,979,397,000	3,000,018,000	4,005,313,000	3,767,243,000	3,716,452,000	3,542,395,000	3,415,234,000	2,346,547,000	2,046,786,000
common stock in treasury, at cost: 17,210,234 shares at september 30, 2007 and 18,390,886 shares at december 31, 2006																																																																								-225,169,000
common stock in treasury, at cost: 17,791,749 shares at june 30, 2007 and 18,390,886 shares at december 31, 2006																																																																									-231,871,000
common stock in treasury, at cost: 18,146,808 shares at march 31, 2007 and 18,390,886 shares at december 31, 2006																																																																										-236,668,000
payables to related parties																																																																												10,139,000	9,798,000	9,257,000	28,218,000	20,531,000	18,532,000	20,606,000	16,749,000	8,805,000	8,181,000	9,433	21,558,000
preferred stock, 30,000,000 shares authorized, series d preferred stock: 1.00 par value, 1 share issued and outstanding at december 31, 2005, series c cumulative preferred stock: 953,470 shares issued and outstanding at december 31, 2005
common stock in treasury, at cost: 18,390,886 shares at december 31, 2006 and 47,535,874 shares at december 31, 2005																																																																											-239,752,000
deferred stock compensation																																																																															-4,930,000	-2,752,000	-3,289,000	-1,835,000	-1,030,000	-1,292,000	-1,571,000	-895
common stock issuable																																																																															6,809,000	4,613,000	4,616,000	3,264,000	2,567,000	2,721,000	2,821,000	2,042	2,881,000
accounts receivable																																																																												228,387,000	234,395,000
accrued pension costs																																																																												24,598,000	24,641,000	25,343,000	25,841,000	25,015,000	29,030,000	27,383,000	25,671,000	24,185,000	22,142,000	27,826	26,831,000
preferred stock, 30,000,000 shares authorized, series d preferred stock: 1.00 par value, 1 share issued and outstanding at september 30, 2006 and december 31, 2005; series c cumulative preferred stock: 953,470 shares issued and outstanding at december 31, 2005
common stock in treasury, at cost: 18,878,373 shares at september 30, 2006 and 47,535,874 shares at december 31, 2005																																																																												-245,881,000
receivables from related parties																																																																													90,000	49,000	18,000	19,000	19,000	19,000	3,229,000	233,000	28,000	49	7,731,000
property and equipment:
land, buildings and improvements																																																																													31,649,000	60,916,000	60,920,000	60,827,000	79,631,000	96,953,000	97,322,000	96,708,000	96,760,000	96,586	96,578,000
data processing equipment and software																																																																													180,583,000	178,730,000	179,991,000	184,475,000	211,577,000	214,473,000	205,279,000	313,359,000	347,937,000	351,649	346,928,000
furniture, equipment and leasehold improvements																																																																													104,977,000	115,290,000	115,551,000	119,176,000	125,793,000	127,427,000	140,026,000	157,162,000	161,716,000	166,414	168,478,000
less accumulated depreciation and amortization																																																																													-222,904,000	-247,173,000	-233,886,000	-238,097,000	-282,325,000	-276,743,000	-268,787,000
total property and equipment																																																																													94,305,000	107,763,000	122,576,000	126,381,000	134,676,000	162,110,000	173,840,000	205,335,000	214,626,000	228,007	242,943,000
preferred stock, 30,000,000 shares authorized, series d preferred stock: 1.00 par value, 1 share issued and outstanding at june 30, 2006 and december 31, 2005; series c cumulative preferred stock: 953,470 shares issued and outstanding at december 31, 2005
common stock in treasury, at cost: 19,088,393 shares at june 30, 2006 and 47,535,874 shares at december 31, 2005																																																																													-249,594,000
preferred stock, 30,000,000 shares authorized, series d preferred stock: 1 share issued and outstanding at march 31, 2006 and december 31, 2005; series c cumulative preferred stock: 953,470 shares issued and outstanding at december 31, 2005
common stock in treasury, at cost: 37,837,924 shares at march 31, 2006 and 47,535,874 shares at december 31, 2005																																																																														-488,910,000
investments:
available-for-sale, at fair value																																																																															179,369,000	225,887,000	215,460,000	231,049,000	174,913,000	188,982,000	192,327,000	242,302	185,704,000
held-to-maturity, at amortized cost																																																																																30,595,000	30,594,000	30,607,000	28,600,000	25,600,000	8,599,000	21,042	23,765,000
held-to-maturity investments, at amortized cost
preferred stock, 30,000,000 shares authorized, series c cumulative preferred stock: shares issued and outstanding: 953,470 at december 31, 2005 and 1,338,402 at december 31, 2004; series d (at december 31, 2005) and series b (at december 31, 2004): 1 share issued and outstanding																																																																															95,017,000
common stock in treasury, at cost: 47,535,874 shares at december 31, 2005 and 51,680,106 shares at december 31, 2004																																																																															-613,369,000
deferred tax asset																																																																																11,266,000	7,468,000	22,739,000	24,209,000	29,633,000	37,202,000	38,831	40,460,000
non-current deferred tax asset																																																																																57,155,000	58,188,000	46,254,000	48,765,000	55,788,000	69,944,000	72,426	72,079,000
senior notes																																																																																25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000,000	25,000	25,000,000
convertible notes																																																																																442,333,000	442,239,000
non-current deferred tax liability																																																																																28,329,000	21,118,000	25,243,000	29,514,000	35,316,000	40,907,000	40,546	40,917,000
mezzanine equity
warrants underlying common stock, 4,962,500 warrants outstanding at september 30, 2005																																																																																10,226,000
preferred stock, 30,000,000 shares authorized, series c cumulative preferred stock: shares issued and outstanding: 953,470 at september 30, 2005 and 1,338,402 at december 31, 2004; series b preferred stock: 1 share issued and outstanding at september 30, 2005 and december 31, 2004																																																																																94,687,000
common stock in treasury, at cost: 48,793,952 shares at september 30, 2005 and 51,680,106 shares at december 31, 2004																																																																																-625,021,000
total liabilities, minority interest, mezzanine and stockholders’ equity																																																																																1,113,238,000
warrants underlying common stock, 4,962,500 warrants outstanding at june 30, 2005																																																																																	10,226,000
preferred stock, 30,000,000 shares authorized, series c cumulative preferred stock: shares issued and outstanding: 953,470 at june 30, 2005 and 1,338,402 at december 31, 2004; series b preferred stock: 1 share issued and outstanding at june 30, 2005 and december 31, 2004																																																																																	94,027,000
common stock in treasury, at cost: 50,243,653 shares at june 30, 2005 and 51,680,106 shares at december 31, 2004																																																																																	-643,592,000
total liabilities, mezzanine and stockholders’ equity																																																																																	1,072,006,000
subordinated notes																																																																																		240,000,000	240,000,000	240,000,000	240,000,000	240,000	240,000,000
preferred stock, 30,000,000 shares authorized, series c: 1,338,402 shares issued and outstanding; series b: 1 share issued and outstanding																																																																																		131,060,000
common stock in treasury, at cost: 51,634,197 shares at march 31, 2005 and 51,680,106 shares at december 31, 2004																																																																																		-661,405,000
total liabilities and stockholders’ equity																																																																																		887,489,000	814,820,000	850,535,000	855,085,000	873,471
current obligation under capital lease																																																																																							1,607,000
preferred stock, 30,000,000 shares authorized, series c: 1,338,402 shares issued and outstanding in 2004; series a: 1,338,402 shares issued and outstanding in 2003; series b: 1 share issued and outstanding in 2004 and 2003																																																																																			130,134,000
common stock in treasury, at cost: 51,680,106 shares in 2004 and 52,127,302 shares in 2003																																																																																			-662,002,000
less: accumulated depreciation and amortization																																																																																				-361,894,000	-391,787,000	-386,642
preferred stock, 30,000,000 authorized, series a: 1,338,402 shares issued and outstanding; series b: 1 share issued and outstanding																																																																																				133,840,000	133,840,000	133,840	133,840,000
common stock in treasury, at cost: 52,034,598 shares at september 30, 2004 and 52,127,302 shares at december 31, 2003																																																																																				-666,543,000
other intangible assets																																																																																					812,000	841	871,000
common stock in treasury, at cost: 52,034,504 at june 30, 2004 and 52,127,302 shares at december 31, 2003																																																																																					-666,542,000
common stock in treasury, at cost: 52,136,516 at march 31, 2004 and 52,127,302 shares at december 31, 2003																																																																																						-667,850
current assets of discontinued operations
non-current assets of discontinued operations
current liabilities of discontinued operations
non-current obligation under capital lease
non-current liabilities of discontinued operations
minority interests of discontinued operations
common stock in treasury, at cost: 52,127,302 shares in 2003 and 52,252,213 shares in 2002

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