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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 11,643 $ 10,562
Short-term investments (Available-for-sale debt securities: Amortized cost of $525 and $500, respectively) 522 501
Accounts receivable, net (Allowance for expected credit losses of $110 and $166, respectively) 1,555 529
Prepaid expenses, net (Allowance for expected credit losses of $15 and $22, respectively) 394 337
Other current assets 238 277
Total current assets 14,352 12,206
Property and equipment, net 762 756
Operating lease assets 445 529
Intangible assets, net 1,677 1,812
Goodwill 1,872 1,895
Long-term investments (Includes available-for-sale debt securities: Amortized cost of $200 and $225, respectively) 3,283 3,759
Other assets, net (Allowance for expected credit losses of $35 and $33, respectively) 950 917
Total assets 23,341 21,874
Current liabilities:    
Accounts payable 1,466 735
Accrued expenses and other current liabilities 2,069 1,382
Deferred merchant bookings 1,086 323
Short-term debt 1,158 985
Total current liabilities 5,779 3,425
Deferred income taxes 906 1,127
Operating lease liabilities 295 366
Long-term U.S. transition tax liability 824 923
Other long-term liabilities 116 111
Long-term debt 9,876 11,029
Total liabilities 17,796 16,981
Commitments and contingencies (see Note 13)
Stockholders' equity:    
Common stock, $0.008 par value, Authorized shares: 1,000,000,000 Issued shares: 63,580,079 and 63,406,451, respectively 0 0
Treasury stock, 22,516,608 and 22,446,897 shares, respectively (24,286) (24,128)
Additional paid-in capital 6,068 5,851
Retained earnings 23,835 23,288
Accumulated other comprehensive loss (72) (118)
Total stockholders' equity 5,545 4,893
Total liabilities and stockholders' equity $ 23,341 $ 21,874