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UNAUDITED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 10,549 $ 11,127
Accounts receivable, net (Allowance for expected credit losses of $102 and $101, respectively) 1,611 1,358
Prepaid expenses, net (Allowance for expected credit losses of $23 and $29, respectively) 395 404
Other current assets 320 256
Total current assets 12,875 13,145
Property and equipment, net 844 822
Operating lease assets 487 496
Intangible assets, net 1,997 2,057
Goodwill 2,878 2,887
Long-term investments 2,200 3,175
Other assets, net (Allowance for expected credit losses of $20 and $18, respectively) 1,103 1,059
Total assets 22,384 23,641
Current liabilities:    
Accounts payable 1,504 1,586
Accrued expenses and other current liabilities 1,876 1,765
Deferred merchant bookings 2,765 906
Short-term debt 1,333 1,989
Total current liabilities 7,478 6,246
Deferred income taxes 721 905
Operating lease liabilities 349 351
Long-term U.S. transition tax liability 825 825
Other long-term liabilities 203 199
Long-term debt 8,435 8,937
Total liabilities 18,011 17,463
Commitments and contingencies (see Note 13)
Stockholders' equity:    
Common stock, $0.008 par value, Authorized shares: 1,000,000,000 Issued shares: 63,759,178 and 63,584,444, respectively 0 0
Treasury stock, 23,004,503 and 22,518,391 shares, respectively (25,390) (24,290)
Additional paid-in capital 6,163 6,159
Retained earnings 23,783 24,453
Accumulated other comprehensive loss (183) (144)
Total stockholders' equity 4,373 6,178
Total liabilities and stockholders' equity $ 22,384 $ 23,641