CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Cash flows from operating activities:
Net income	$ 438	$ 567
Loss from discontinued operations, net of income taxes	1	2
Adjustments:
Provision for transaction losses	91	84
Depreciation and amortization	76	107
Stock-based compensation	146	128
Loss (gain) on investments and other, net	11	10
Deferred income taxes	40	33
Change in fair value of warrant	(149)	(38)
Change in fair value of equity investment in Adevinta	234	(174)
Changes in assets and liabilities, net of acquisition effects	(273)	122
Net cash provided by operating activities	615	841
Cash flows from investing activities:
Purchases of property and equipment	(143)	(132)
Purchases of investments	(3,312)	(3,543)
Maturities of investments	3,703	4,404
Other	2	(28)
Net cash provided by investing activities	250	701
Cash flows from financing activities:
Repurchases of common stock	(453)	(242)
Payments for taxes related to net share settlements of restricted stock units and awards	(51)	(92)
Payments for dividends	(139)	(134)
Repayment of debt	0	(1,150)
Net funds receivable and payable activity	(28)	230
Other	(15)	0
Net cash used in financing activities	(686)	(1,388)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(11)	5
Net increase in cash, cash equivalents and restricted cash	168	159
Cash, cash equivalents and restricted cash at beginning of period	2,493	2,272
Cash, cash equivalents and restricted cash at end of period	2,661	2,431
Cash paid for:
Interest	48	60
Income taxes	30	29
Cash and cash equivalents	2,130	2,082
Customer accounts (including restricted cash of $75 and $0, respectively)	448	303
Restricted cash included in other current assets	79	41
Restricted cash included in other assets	4	5
Cash, cash equivalents and restricted cash of continuing operations at end of period	$ 2,661	$ 2,431