Nasdaq, inc. (NDAQ)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Dec'09
Assets
Current assets:
Cash and cash equivalents

1,015

332

304

333

472

545

324

322

405

377

530

356

386

403

257

344

331

301

290

324

328

427

286

314

384

398

300

379

591

497

438

491

525

506

543

578

439

315

336

526

594

Restricted cash

29

30

29

30

67

41

52

34

24

22

21

18

78

15

19

22

21

56

18

17

19

49

27

39

84

84

81

82

83

85

81

36

38

34

51

59

60

60

53

31

30

Financial investments

254

291

201

259

220

268

202

313

224

235

207

300

220

245

238

255

259

201

193

264

194

174

169

203

197

189

190

170

218

223

157

196

215

279

294

320

283

253

343

310

308

Receivables, net

568

422

399

415

447

384

356

405

486

356

320

392

467

429

349

399

333

316

278

323

344

389

370

395

434

393

372

362

317

333

327

341

327

308

347

344

327

298

308

361

301

Deferred tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

35

23

16

30

22

17

12

54

51

46

33

16

16

14

16

20

24

8

13

17

24

25

Default funds and margin deposits

3,241

2,996

2,422

3,161

3,274

4,742

4,219

4,441

4,026

3,988

3,893

3,671

3,633

3,301

3,323

3,411

3,614

2,228

2,175

2,331

2,635

2,194

2,513

2,579

2,253

1,961

1,934

1,412

229

209

194

204

158

17

-

-

-

-

-

-

-

Derivative positions, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,566

1,423

1,417

2,295

4,037

1,657

1,511

2,054

Resale agreements, at contract value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,745

2,873

3,560

6,655

3,441

-

-

-

Other current assets

163

219

144

165

256

390

304

212

205

532

175

184

163

167

160

165

164

158

157

152

145

151

162

166

150

126

141

154

124

112

116

126

129

110

126

127

108

93

166

125

58

Assets held for sale

-

-

-

-

-

-

0

0

268

-

300

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current assets

5,270

4,290

3,499

4,363

4,736

6,370

5,457

5,727

5,638

5,510

5,446

4,921

4,947

4,560

4,346

4,596

4,722

3,260

3,160

3,446

3,688

3,400

3,557

3,718

3,519

3,163

3,072

2,610

1,608

1,492

1,329

1,410

1,406

6,581

5,677

6,429

10,175

8,510

2,880

2,888

3,370

Non-current restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25

25

25

25

105

103

97

105

105

105

105

106

105

80

Property and equipment, net

375

384

361

390

370

376

371

370

384

400

379

384

376

362

342

332

326

323

305

295

281

292

288

280

266

268

249

227

215

211

203

198

195

193

168

165

166

164

160

154

164

Deferred tax assets

-

-

-

-

-

-

-

-

416

-

611

633

617

717

768

741

604

643

630

621

652

536

585

482

415

404

399

478

291

294

303

392

326

392

385

273

358

433

403

640

504

Goodwill

6,326

6,366

6,232

6,382

6,380

6,363

6,369

6,355

6,549

6,586

6,154

6,237

6,070

6,027

6,206

6,236

5,663

5,395

5,421

5,469

5,350

5,538

5,802

6,068

6,173

6,186

6,191

6,048

5,309

5,335

5,286

5,103

5,210

5,061

5,046

5,345

5,339

5,127

5,041

4,526

4,800

Intangible assets, net

2,200

2,249

2,239

2,304

2,329

2,300

2,328

2,351

2,432

2,468

2,091

2,102

2,082

2,094

2,740

2,771

2,085

1,959

1,981

2,009

1,995

2,077

2,213

2,313

2,362

2,386

2,409

2,383

1,619

1,650

1,645

1,625

1,680

1,648

1,657

1,767

1,773

1,719

1,680

1,513

1,631

Operating lease assets

324

346

346

365

378

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other non-current assets

303

289

303

328

310

291

330

338

371

390

391

383

398

390

406

423

317

281

273

264

276

228

247

255

243

170

166

182

121

125

129

94

101

119

119

133

149

149

85

84

173

Total assets

14,798

13,924

12,980

14,132

14,503

15,700

14,855

15,141

15,790

15,354

15,072

14,660

14,490

14,150

14,808

15,099

13,717

11,861

11,770

12,104

12,242

12,071

12,692

13,116

12,978

12,577

12,486

11,953

9,188

9,132

8,920

8,927

9,021

14,091

13,157

14,217

18,065

16,207

10,355

9,910

10,722

Liabilities
Current liabilities:
Accounts payable and accrued expenses

183

148

146

149

218

198

176

174

237

177

168

149

187

175

159

172

175

158

173

188

207

189

182

188

227

228

255

252

217

172

149

160

147

164

175

180

151

142

138

172

125

Section 31 fees payable to SEC

161

132

34

170

69

109

21

225

128

128

31

169

81

108

27

160

80

98

25

147

82

124

26

154

74

82

19

145

71

97

24

156

69

106

30

147

70

82

19

137

137

Accrued personnel costs

132

188

137

119

118

199

145

115

111

170

130

124

110

207

175

129

87

171

121

94

71

143

110

100

96

154

115

84

59

111

86

74

56

132

105

88

71

122

97

74

114

Deferred revenue

416

211

267

333

402

194

257

310

386

161

204

265

322

162

216

275

304

127

164

231

282

177

191

230

276

151

187

222

250

139

165

201

237

124

152

202

237

122

156

188

105

Other current liabilities

171

161

147

132

321

253

173

115

161

130

94

115

174

129

134

161

169

138

147

125

133

116

135

135

186

141

114

127

116

119

115

120

120

112

151

158

149

119

134

90

71

Deferred tax liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

27

30

30

37

37

38

36

38

38

36

35

35

27

27

27

27

26

27

27

26

26

22

23

Default funds and margin deposits

3,241

2,996

2,422

3,161

3,274

4,742

4,219

4,441

4,026

3,988

3,893

3,671

3,633

3,301

3,323

3,411

3,614

2,228

2,175

2,331

2,635

2,194

2,513

2,579

2,253

1,961

1,934

1,412

229

209

194

204

158

17

-

-

-

-

-

-

-

Short-term debt

1,146

391

539

467

1,239

875

808

768

960

480

154

494

379

0

20

-

-

-

20

-

-

-

-

-

430

45

45

138

137

136

45

45

45

45

45

140

140

140

140

140

225

Liabilities held for sale

-

-

-

-

-

-

0

0

27

-

49

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Derivative positions, at fair value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,566

1,423

1,417

2,295

4,037

1,657

1,511

2,054

Repurchase agreements, at contract value

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3,745

2,873

3,560

6,655

3,441

-

-

-

Total current liabilities

5,450

4,227

3,692

4,531

5,641

6,570

5,799

6,148

6,036

5,234

4,723

4,987

4,886

4,082

4,054

4,308

4,429

2,920

2,852

3,146

3,440

2,980

3,194

3,424

3,578

2,800

2,707

2,416

1,114

1,018

805

987

859

6,038

4,980

5,919

9,795

8,231

2,367

2,334

2,854

Long-term debt

2,962

2,996

2,939

3,022

2,328

2,956

3,072

3,079

3,155

3,727

3,589

3,058

3,242

3,603

3,689

3,731

2,565

2,364

2,415

2,281

2,306

2,297

2,345

2,408

2,084

2,589

2,673

2,647

1,829

1,840

1,941

1,951

1,962

2,072

2,168

2,069

2,150

2,181

1,846

1,912

1,867

Deferred tax liabilities, net

507

552

525

510

503

501

137

99

600

225

726

732

702

720

980

983

678

626

603

606

587

626

677

697

707

708

716

689

702

713

686

661

684

670

678

712

716

698

713

644

683

Operating lease liabilities

310

331

327

343

357

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Non-current deferred revenue

-

-

-

-

-

-

91

96

106

126

157

161

164

171

191

199

188

200

211

208

210

215

221

232

222

143

152

146

148

156

160

160

173

154

158

170

172

170

169

157

160

Other non-current liabilities

171

179

170

175

180

224

154

177

168

162

142

146

144

144

140

161

160

142

143

147

154

159

137

148

147

153

182

192

192

196

192

198

182

171

177

187

195

198

182

170

199

Total liabilities

9,400

8,285

7,653

8,581

9,009

10,251

9,253

9,599

10,065

9,474

9,337

9,084

9,138

8,720

9,054

9,382

8,020

6,252

6,224

6,388

6,697

6,277

6,574

6,909

6,738

6,393

6,430

6,090

3,985

3,923

3,784

3,957

3,860

9,105

8,161

9,057

13,028

11,478

5,277

5,217

5,763

Commitments and contingencies

-

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

-

-

-

Nasdaq stockholders’ equity:
Series A convertible preferred stock

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

15

Common stock, $0.01 par value, 300,000,000 shares authorized, shares issued: 170,589,846 at March 31, 2020 and 171,075,011 at December 31, 2019; shares outstanding: 164,337,766 at March 31, 2020 and 165,094,440 at December 31, 2019

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

2

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

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Additional paid-in capital

2,527

2,632

2,585

2,713

2,732

2,716

2,676

2,712

2,926

3,024

3,012

3,011

2,963

3,104

3,046

3,062

3,001

3,011

3,032

3,257

3,243

3,222

4,354

4,328

4,302

4,278

4,270

4,261

3,776

3,771

3,804

3,797

3,798

3,793

3,790

3,780

3,784

3,780

3,776

3,774

3,736

Common stock in treasury, at cost: 6,252,080 shares at March 31, 2020 and 5,980,571 shares at December 31, 2019

364

336

328

327

327

297

291

290

289

247

241

225

221

176

169

166

145

111

105

104

94

41

1,145

1,117

1,026

1,005

1,023

1,027

1,059

1,058

1,063

1,017

906

860

769

770

786

796

310

212

10

Accumulated other comprehensive loss

-1,909

-1,686

-1,833

-1,666

-1,645

-1,530

-1,184

-1,191

-1,060

-862

-825

-892

-987

-979

-882

-860

-770

-864

-847

-805

-883

-682

-325

-142

-71

-67

-51

-139

-218

-185

-222

-368

-218

-350

-346

-62

-82

-272

-268

-647

-406

Retained earnings

5,140

5,027

4,901

4,829

4,732

4,558

4,399

4,309

4,146

3,963

3,787

3,680

3,595

3,479

3,757

3,679

3,609

3,571

3,464

3,366

3,276

3,292

3,231

3,134

3,032

2,976

2,857

2,765

2,699

2,678

2,614

2,547

2,476

2,391

2,310

2,200

2,108

2,004

1,867

1,766

1,610

Total Nasdaq stockholders’ equity

5,396

5,639

5,327

5,551

5,494

5,449

5,602

5,542

5,725

5,880

5,735

5,576

5,352

5,430

5,754

5,717

5,697

5,609

5,546

5,716

5,544

5,793

6,117

6,205

6,239

6,184

6,055

5,862

5,200

5,208

5,135

4,961

5,152

4,976

4,987

5,150

5,026

4,718

5,067

4,683

4,932

Noncontrolling interests

2

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1

1

1

2

1

-

1

1

3

1

1

9

9

10

9

10

11

11

11

10

12

Total equity

5,398

5,639

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,546

5,716

5,545

5,794

6,118

6,207

6,240

6,184

6,056

5,863

5,203

5,209

5,136

4,970

5,161

4,986

4,996

5,160

5,037

4,729

5,078

4,693

4,944

Total liabilities and equity

14,798

13,924

12,980

14,132

14,503

15,700

14,855

15,141

15,790

15,354

15,072

14,660

14,490

14,150

14,808

15,099

13,717

11,861

11,770

12,104

12,242

12,071

12,692

13,116

12,978

12,577

12,486

11,953

9,188

9,132

8,920

8,927

9,021

14,091

13,157

14,217

18,065

16,207

10,355

9,910

10,722