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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 11,231 $ 10,562
Short-term investments (Available-for-sale debt securities: Amortized cost of $500 at June 30, 2021 and December 31, 2020) 501 501
Accounts receivable, net (Allowance for expected credit losses of $92 and $166, respectively) 1,290 529
Prepaid expenses, net (Allowance for expected credit losses of $30 and $22, respectively) 332 337
Other current assets 435 277
Total current assets 13,789 12,206
Property and equipment, net 748 756
Operating lease assets 457 529
Intangible assets, net 1,725 1,812
Goodwill 1,886 1,895
Long-term investments (Includes available-for-sale debt securities: Amortized cost of $225 at June 30, 2021 and December 31, 2020) 4,319 3,759
Other assets, net (Allowance for expected credit losses of $24 and $33, respectively) 957 917
Total assets 23,881 21,874
Current liabilities:    
Accounts payable 1,028 735
Accrued expenses and other current liabilities 1,620 1,382
Deferred merchant bookings 1,896 323
Short-term debt 2,180 985
Total current liabilities 6,724 3,425
Deferred income taxes 1,107 1,127
Operating lease liabilities 314 366
Long-term U.S. transition tax liability 824 923
Other long-term liabilities 122 111
Long-term debt 9,986 11,029
Total liabilities 19,077 16,981
Commitments and contingencies (see Note 13)
Convertible debt 5 0
Stockholders' equity:    
Common stock, $0.008 par value, Authorized shares: 1,000,000,000 Issued shares: 63,574,902 and 63,406,451, respectively 0 0
Treasury stock, 22,515,119 and 22,446,897 shares, respectively (24,283) (24,128)
Additional paid-in capital 6,059 5,851
Retained earnings 23,066 23,288
Accumulated other comprehensive loss (43) (118)
Total stockholders' equity 4,799 4,893
Total liabilities and stockholders' equity $ 23,881 $ 21,874