CME Group Files 2023 10-K, Details Debt Maturities and Rates

TL;DR

**CME Group's 10-K shows a stable financial position with diverse debt maturities and interest rates, indicating ongoing operational health.**

AI Summary

CME Group Inc. filed its 10-K on February 28, 2024, for the fiscal year ended December 31, 2023. The company reported a business phone number of 312-930-1000 and is incorporated in Delaware. Key financial figures include 359,231 shares outstanding and various debt maturities ranging from September 1, 2022, to June 15, 2048, with interest rates between 2.65% and 5.30%.

Why It Matters

This filing provides transparency into CME Group's financial health, including its debt structure and operational details, which is crucial for investors to assess its stability and future performance.

Risk Assessment

Risk Level: low — The filing indicates a well-established company with a clear financial structure and no immediate red flags for significant risk.

Key Numbers

• 359,231 — Shares Outstanding (Indicates the number of common shares in circulation.)
• 20231231 — Conformed Period of Report (The end date of the fiscal year covered by the report.)
• 20240228 — Filed As Of Date (The date the 10-K filing was submitted to the SEC.)
• 2.65% — Lowest Debt Interest Rate (The lowest interest rate on reported debt obligations.)
• 5.30% — Highest Debt Interest Rate (The highest interest rate on reported debt obligations.)

Key Players & Entities

• CME GROUP INC. (company) — filer
• 0001156375 (company) — Central Index Key
• 3129301000 (person) — business phone number
• CHICAGO MERCANTILE EXCHANGE HOLDINGS INC (company) — former company name
• DE (company) — state of incorporation

FAQ

From the Filing

0001156375-24-000010.txt : 20240228 0001156375-24-000010.hdr.sgml : 20240228 20240228152436 ACCESSION NUMBER: 0001156375-24-000010 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 112 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CME GROUP INC. CENTRAL INDEX KEY: 0001156375 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] ORGANIZATION NAME: 02 Finance IRS NUMBER: 364459170 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31553 FILM NUMBER: 24694548 BUSINESS ADDRESS: STREET 1: 20 S. WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 3129301000 MAIL ADDRESS: STREET 1: 20 S. WACKER DR. CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: CHICAGO MERCANTILE EXCHANGE HOLDINGS INC DATE OF NAME CHANGE: 20010802 10-K 1 cme-20231231.htm 10-K cme-20231231 0001156375 12/31 2023 FY CME false 7.1 8.1 5.2 4.9 — 0.1 0.01 0.01 10,000 10,000 4,584.0 4,584.0 4,584.0 4,584.0 — — — — — — — — 0.01 0.01 1,000,000 1,000,000 359,231 358,929 359,231 358,929 0.01 0.01 3 3 3 3 3 3 8.50 6.85 5.90 8.50 4.15 — P2Y P20Y P2Y P4Y 1 10 3 19 2 7 2 4 5 30 5 9 3 24.5 750.0 15.0 750.0 500.0 750.0 750.0 700.0 9/1/2022 5/31/2023 3/1/2025 6/15/2028 3/31/2032 9/1/2043 6/15/2048 3.00 4.30 3.00 3.75 2.65 5.30 4.15 http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilities http://fasb.org/us-gaap/2023#OtherLiabilities http://fasb.org/us-gaap/2023#Liabilities http://fasb.org/us-gaap/2023#Liabilities http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#OtherAssetsNoncurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent http://fasb.org/us-gaap/2023#AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilities http://fasb.org/us-gaap/2023#OtherLiabilities http://fasb.org/us-gaap/2023#Liabilities http://fasb.org/us-gaap/2023#Liabilities http://fasb.org/us-gaap/2023#Liabilities http://fasb.org/us-gaap/2023#Liabilities P4Y P2Y 0001156375 2023-01-01 2023-12-31 0001156375 2023-06-30 iso4217:USD 0001156375 us-gaap:CommonClassAMember 2024-02-07 xbrli:shares 0001156375 cme:ClassBCommonStockClassB1Member 2024-02-07 0001156375 cme:ClassBCommonStockClassB2Member 2024-02-07 0001156375 cme:ClassBCommonStockClassB3Member 2024-02-07 0001156375 cme:ClassBCommonStockClassB4Member 2024-02-07 0001156375 2023-12-31 0001156375 2022-12-31 0001156375 us-gaap:CommonClassAMember 2023-12-31 0001156375 us-gaap:CommonClassAMember 2022-12-31 0001156375 us-gaap:CommonClassBMember 2023-12-31 0001156375 us-gaap:CommonClassBMember 2022-12-31 0001156375 us-gaap:SeriesAPreferredStockMember 2023-12-31 iso4217:USD xbrli:shares 0001156375 us-gaap:SeriesAPreferredStockMember 2022-12-31 0001156375 cme:SeriesajuniorparticipatingpreferredstockMember 2023-12-31 0001156375 cme:SeriesajuniorparticipatingpreferredstockMember 2022-12-31 0001156375 cme:ClearingandtransactionfeesMember 2023-01-01 2023-12-31 0001156375 cme:ClearingandtransactionfeesMember 2022-01-01 2022-12-31 0001156375 cme:ClearingandtransactionfeesMember 2021-01-01 2021-12-31 0001156375 cme:MarketDataMember 2023-01-01 2023-12-31 0001156375 cme:MarketDataMember 2022-01-01 2022-12-31 0001156375 cme:MarketDataMember 2021-01-01 2021-12-31 0001156375 cme:OtherRevenueMember 2023-01-01 2023-12-31 0001156375 cme:OtherRevenueMember 2022-01-01 2022-12-31 0001156375 cme:OtherRevenueMember 2021-01-01 2021-12-31 0001156375 2022-01-01 2022-12-31 0001156375 2021-01-01 2021-12-31 0001156375 us-gaap:Re