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Condensed Consolidated Statement of Cash Flows (USD $)
In Thousands
9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Cash flows from operating activities:  
Net income$ 1,249,775$ 1,241,774
Adjustments:  
Provision for transaction and loan losses371,641296,025
Depreciation and amortization667,400570,177
Stock-based compensation345,932287,832
Loss on divested business256,5010
Gain on acquisition on a business(73,400)0
Changes in assets and liabilities, net of acquisition effects(526,435)(504,053)
Net cash provided by operating activities2,291,4141,891,755
Cash flows from investing activities:  
Purchases of property and equipment, net(671,851)(526,445)
Changes in principal loans receivable, net(254,097)(138,244)
Purchases of investments(1,883,599)(2,022,642)
Maturities and sales of investments1,297,5921,183,523
Acquisitions, net of cash acquired(3,155,122)(7,000)
Repayment of Skype note receivable0125,000
Other(101,818)(4,924)
Net cash used in investing activities(4,768,895)(1,390,732)
Cash flows from financing activities:  
Proceeds from issuance of common stock187,720118,852
Repurchases of common stock(814,132)(297,662)
Excess tax benefits from stock-based compensation65,45726,649
Tax witholdings related to net share settlements of restricted stock awards and units(130,259)(106,925)
Net borrowings under commercial paper program700,0000
Repayment of acquired debt(199,271)0
Funds receivable and customer accounts(696,060)(334,911)
Funds payable and amounts due to customers696,060334,911
Net cash (used in) provided by financing activities(190,485)(259,086)
Effect of exchange rate changes on cash and cash equivalents89,505(60,848)
Net (decrease) increase in cash and cash equivalents(2,578,461)181,089
Cash and cash equivalents at beginning of period5,577,4113,999,818
Cash and cash equivalents at end of period2,998,9504,180,907
Supplemental cash flow disclosures:  
Cash paid for interest14,2880
Cash paid for income taxes282,107475,026
Non-cash investing and financing activities:  
Common stock options assumed pursuant to acquisition24,7620
Note receivable from divested business$ 286,800$ 0