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Supplemental Consolidated Financial Information (Tables)
3 Months Ended
Mar. 31, 2023
Balance Sheet Components [Abstract]  
Schedule of cash and cash equivalents
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 investments13 
Cash, cash equivalents and restricted cash$2,431 $2,272 
Restrictions on cash and cash equivalents
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 investments13 
Cash, cash equivalents and restricted cash$2,431 $2,272 
Customer accounts and funds receivable
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 
Schedule of other current assets
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 
Schedule of accrued expenses and other current liabilities
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 
Schedule of gain (loss) on equity method investments and warrants
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)