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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents $ 2,541,604 $ 2,081,075
Short-term investments 4,859,873 2,218,880
Accounts receivable, net of allowance for doubtful accounts of $39,282 and $25,565, respectively 1,217,801 860,115
Prepaid expenses and other current assets 415,527 241,449
Total current assets 9,034,805 5,401,519
Property and equipment, net 480,081 347,017
Intangible assets, net 2,176,823 1,993,885
Goodwill 2,737,671 2,396,906
Long-term investments 10,421,600 9,591,067
Other assets 600,283 108,579
Total assets 25,451,263 19,838,973
Current liabilities:    
Accounts payable 667,523 419,108
Accrued expenses and other current liabilities 1,138,980 857,467
Deferred merchant bookings 980,455 614,361
Convertible debt 710,910 967,734
Total current liabilities 3,497,868 2,858,670
Deferred income taxes 481,139 822,334
Long-term U.S. transition tax liability 1,250,846 0
Other long-term liabilities 148,061 138,767
Long-term debt 8,809,788 6,170,522
Total liabilities 14,187,702 9,990,293
Commitments and Contingencies (See Note 14)
Convertible debt 2,963 28,538
Stockholders' equity:    
Common stock, $0.008 par value, authorized 1,000,000,000 shares, 62,689,097 and 62,379,247 shares issued, respectively 487 485
Treasury stock, 14,216,819 and 13,190,929 shares, respectively (8,698,829) (6,855,164)
Additional paid-in capital 5,783,089 5,482,653
Retained earnings 13,938,869 11,326,852
Accumulated other comprehensive income (loss) 236,982 (134,684)
Total stockholders' equity 11,260,598 9,820,142
Total liabilities and stockholders' equity $ 25,451,263 $ 19,838,973