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Supplemental Consolidated Financial Information
 3 Months Ended
Mar. 31, 2023
Balance Sheet Components [Abstract]  
Supplemental Consolidated Financial Information Supplemental Consolidated Financial Information
Contract Balances

Timing of revenue recognition may differ from the timing of invoicing to customers. Accounts receivable represents amounts invoiced and revenue recognized prior to invoicing when we have satisfied our performance obligation and have the unconditional right to payment. The allowance for doubtful accounts and authorized credits is estimated based upon our assessment of various factors including historical experience, the age of the accounts receivable balances, current economic conditions reasonable and supportable forecasts, and other factors that may affect our customers’ ability to pay. The allowance for doubtful accounts and authorized credits was $45 million and $42 million as of March 31, 2023 and December 31, 2022, respectively. As of March 31, 2023, we reported an allowance for doubtful accounts of $17 million reflecting an increase of $1 million, net of write-offs of $3 million for the three months ended March 31, 2023. As of December 31, 2022, we reported an allowance for doubtful accounts of $16 million.

Deferred revenue consists of fees received related to unsatisfied performance obligations at the end of the period. Due to the generally short-term duration of contracts, the majority of the performance obligations are satisfied in the following reporting period. The amount of revenue recognized for the three month period ended March 31, 2023 that was included in the deferred revenue balance at the beginning of the period was $31 million. The amount of revenue recognized for the three month period ended March 31, 2022 that was included in the deferred revenue balance at the beginning of the period was $37 million.

Cash, cash equivalents and restricted cash
March 31,
2023		December 31,
2022
(In millions)
Cash and cash equivalents$2,082 $2,154 
Customer accounts303 69 
Restricted cash included in short-term investments41 36 
Restricted cash included in long-term investments5 13 
Cash, cash equivalents and restricted cash$2,431 $2,272 

Customer accounts and funds receivable
March 31,
2023		December 31,
2022
(In millions)
Customer accounts$303 $69 
Funds receivable476 694 
Customer accounts and funds receivable$779 $763 

Other current assets
March 31,
2023		December 31,
2022
(In millions)
Payment processor advances$353 $336 
Prepaid expenses115 120 
Accounts receivable, net80 90 
Short-term derivative assets57 112 
Income and other tax receivable44 122 
Other300 276 
Other current assets$949 $1,056 
Accrued expenses and other current liabilities
March 31,
2023		December 31,
2022
(In millions)
Compensation and related benefits$393 $426 
Sales and use tax and VAT accruals386 346 
Advertising accruals214 229 
Operating lease liabilities125 131 
Transaction loss reserve101 101 
Uninvoiced general and administrative expenses95 111 
Accrued interest expense74 67 
Deferred revenue45 34 
Other396 421 
Accrued expenses and other current liabilities$1,829 $1,866 

Gain (loss) on equity investments and warrant, net
Three Months Ended
March 31,
20232022
(In millions)
Unrealized change in fair value of equity investment in Adevinta$174 $(1,643)
Unrealized change in fair value of equity investment in Adyen— (80)
Unrealized change in fair value of equity investment in Gmarket
(11)(182)
Unrealized change in fair value of equity investment in KakaoBank(3)(91)
Change in fair value of warrant38 (115)
Realized change in fair value of shares sold in Adyen— (166)
Realized change in fair value of shares sold in KakaoBank— (8)
Gain (loss) on other investments— (6)
Total gain (loss) on equity investments and warrant, net$198 $(2,291)