Nasdaq, Inc.

NasdaqGS-NDAQ

Assets	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Cash and Cash Equivalents	470	592	453	502	393	2,745	332	545	377	403	301
Cash and Cash Equivalents
Short-Term Investments	53	184	188	181	208	195	291	268	235	245	201
Financial Investments
Total Cash and Cash Equivalents	523	776	641	683	601	2,940	623	813	612	648	502
Accounts Receivable	865	1,022	929	677	588	566	422	384	356	429	316
Receivables, Net
Total Trade Receivables	865	1,022	929	677	588	566	422	384	356	429	316
Other Current Assets	6,209	5,988	7,526	7,244	6,234	4,154	3,245	5,173	4,542	3,483	2,442
Restricted Cash and Cash Equivalents
Default Funds and Margin Deposits
Derivative Positions, at Fair Value
Resale Agreements, at Contract Value
Deferred Tax Assets
Other Current Assets
Total Current Assets	7,597	7,786	9,096	8,604	7,423	7,660	4,290	6,370	5,510	4,560	3,260
Total Current Assets
Net Property, Plant & Equipment	1,129	968	978	976	875	856	730	376	400	362	323
Property and Equipment, Net
Operating Lease Assets
Net Intangible Assets	6,620	6,905	7,443	2,581	2,813	2,255	2,249	2,300	2,468	2,094	1,959
Intangible Assets, Net
Goodwill	14,336	13,957	14,112	8,099	8,433	6,850	6,366	6,363	6,586	6,027	5,395
Goodwill
Other Long-Term Assets	972	779	665	608	571	358	289	291	390	1,107	924
Non-Current Restricted Cash
Non-Current Deferred Tax Assets
Deferred Tax Assets
Other Non-Current Assets
Total Assets	30,654	30,395	32,294	20,868	20,115	17,979	13,924	15,700	15,354	14,150	11,861
Total Assets

Liabilities	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Accounts Payable	256	269	332	185	185	175	148	198	177	175	158
Accounts Payable and Accrued Expenses
Accrued Expenses	313	325	303	243	252	227	188	199	170	207	171
Accrued Personnel Costs
Accrued Personnel Costs
Other Accrued Liabilities
Short-Term Debt	431	399	291	664	1,018	—	391	875	480	—	—
Short-Term Debt
Unearned Revenue	719	711	594	357	329	235	211	194	161	162	127
Deferred Revenue
Other Current Liabilities	5,986	6,198	7,505	7,386	6,088	4,287	3,289	5,104	4,246	3,538	2,464
Section 31 Fees Payable to SEC
Section 31 Fees Payable to SEC
Income Tax Payable
Other Current Liabilities
Deferred Tax Liabilities
Deferred Tax Liabilities
Default Funds and Margin Deposits
Derivative Positions, at Fair Value
Repurchase Agreements, at Contract Value
Payables to Related Parties
Total Current Liabilities	7,705	7,902	9,025	8,835	7,872	4,924	4,227	6,570	5,234	4,082	2,920
Total Current Liabilities
Long-Term Debt	8,667	9,081	10,163	4,735	4,812	5,541	2,996	2,956	3,727	3,603	2,364
Long-Term Debt
Leases	454	388	417	452	386	389	331	—	—	—	—
Operating Lease Liabilities
Other Long-Term Liabilities	1,798	1,824	1,862	682	640	689	731	725	513	1,035	968
Deferred Tax Liabilities
Deferred Tax Liabilities, Net
Non-Current Deferred Revenue
Other Non-Current Liabilities
Total Long-Term Liabilities	10,919	11,293	12,442	5,869	5,838	6,619	4,058	3,681	4,240	4,638	3,332
Total Liabilities	18,624	19,195	21,467	14,704	13,710	11,543	8,285	10,251	9,474	8,720	6,252
Total Liabilities

Equity	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15
Preferred Stock	—	—	—	—	—	—	—	—	—	—	—
Preferred Stock, Series D and Series C Cumulative
Common Stock	6	6	6	5	5	2	2	2	2	2	2
Common Stock
Common Stock Issuable
Treasury Stock	-710	-647	-587	-515	-437	-376	-336	-297	-247	-176	-111
Common Stock in Treasury, at Cost
Additional Paid-in Capital	5,351	5,530	5,496	1,445	1,949	2,547	2,632	2,716	3,024	3,104	3,011
Additional Paid-in Capital
Accumulated Other Comprehensive Income	-1,847	-2,099	7,825	-1,991	-1,587	-1,368	-1,686	-1,530	-862	-979	-864
Accumulated Other Comprehensive Loss
Retained Earnings	9,223	8,401	-1,924	7,207	6,465	5,628	5,027	4,558	3,963	3,479	3,571
Retained Earnings
Deferred Stock Compensation
Total Common Shareholders' Equity	12,023	11,191	10,816	6,151	6,395	6,433	5,639	5,449	5,880	5,430	5,609
Total Nasdaq Stockholders' Equity
Minority Interests and Other	7	9	11	13	10	3	—	—	—	—	—
Noncontrolling Interests
Commitments and Contingencies
Total Shareholders' Equity	12,030	11,200	10,827	6,164	6,405	6,436	5,639	5,449	5,880	5,430	5,609
Total Equity
Total Liabilities and Shareholders' Equity	30,654	30,395	32,294	20,868	20,115	17,979	13,924	15,700	15,354	14,150	11,861
Total Liabilities and Equity