References to "ICE products" mean products listed on one or more of our markets. AIQ revenues can be both recurring and transaction-based in nature. These activities make us susceptible to cyberattacks. We have registered many of our trademarks in the U.S. and in certain other countries. We are committed to diversity on our Board of Directors and in our employee population. Much of our approach is driven by the core values that make up our culture. We are subject to significant litigation and liability risks. Any such accruals may be adjusted as circumstances change. Effective succession planning is also important to our long-term success. Open-source code is also contained in some third-party software we rely on. We have a majority ownership interest in Bakkt. Actual or perceived vulnerabilities or data breaches may lead to claims against Bakkt. Basildon, U.K.OwnedN/A539,000 sq. ft.100 Church Street New York, New YorkLeased 202465,000 sq. Assessments of losses are inherently subjective and involve unpredictable factors. See "- Non-GAAP Financial Measures" below. Prior periods have been adjusted to reflect this change. We directly allocate expenses when reasonably possible to do so. We recorded rebates of $962 million and $855 million in 2020 and 2019, respectively. These adjusted numbers are not calculated in accordance with GAAP. Mortgage technology revenues increased $456 million or 324% in 2020 from 2019. We hold a call option over these interests subject to certain terms. Shares repurchased are held in treasury stock. The remaining balance of Board approved funds for future repurchase is $1.2 billion. See Note 10 to our consolidated financial statements included in this Annual Report. We believe that our audit provides a reasonable basis for our opinion. This transaction was accounted for as a business combination. We also invest in mutual funds and fixed income securities. All derivatives are recorded at fair value. As a result, Section 31 fees do not have an impact on our net income. Acquisition-related transaction and integration costs were nominal in 2019. Further disclosures and details on our adoption are discussed below. We elected early adoption and adopted on January 1, 2020. Subsequent to adoption, current incremental borrowing rates were used. Our lease agreements do not contain any residual value guarantees. See below for the Simplifile purchase price allocation. On February 13, 2019, the SEC disapproved the OCC capital plan established in 2015. For one of our equity option exchanges, revenues are reported net of rebates. In addition, we receive a share of revenue from the National Market System, or NMS, Plan. Services for OTC and other revenues are primarily satisfied at a point in time. Contracts generally range from one year to five years. In 2020, no TSR share reduction was required. The plaintiffs appealed the decision to the Second Circuit. In response to these claims, PRD denies any wrongdoing. We also acquired a SERP through both the ICE NGX and CHX acquisitions. Our three segments do not engage in intersegment transactions. Mr. Surdykowski has served as General Counsel since October 2018. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES (a) Documents Filed as Part of this Report. ( The notice must contain certain information specified in the bylaws. 333-223502) of Intercontinental Exchange, Inc.,(2)Registration Statement (Form S-8 No. I have reviewed this Annual Report on Form 10-K of Intercontinental Exchange, Inc.&
