UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2022	Mar. 31, 2021
OPERATING ACTIVITIES:
Net loss		$ (700)	$ (55)
Adjustments to reconcile net loss to net cash provided by (used in) operating activities:
Depreciation and amortization		111	113
Provision for expected credit losses and chargebacks		55	0
Deferred income tax benefit		(216)	(50)
Net losses (gains) on equity securities	[1]	987	(36)
Stock-based compensation expense and other stock-based payments		93	113
Operating lease amortization		39	45
Unrealized foreign currency transaction gains related to Euro-denominated debt		(30)	(91)
Other		30	16
Changes in assets and liabilities:
Accounts receivable		(326)	(72)
Prepaid expenses and other current assets		(56)	(258)
Deferred merchant bookings and other current liabilities		1,868	114
Long-term assets and liabilities		(160)	(46)
Net cash provided by (used in) operating activities		1,695	(207)
INVESTING ACTIVITIES:
Purchase of investments		(12)	0
Additions to property and equipment		(109)	(65)
Net cash used in investing activities		(121)	(65)
FINANCING ACTIVITIES:
Proceeds from the issuance of long-term debt		0	2,015
Repayment of debt		(1,102)	0
Payments for repurchase of common stock		(1,049)	(137)
Other financing activities		12	(9)
Net cash (used in) provided by financing activities		(2,139)	1,869
Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents		(9)	(7)
Net (decrease) increase in cash and cash equivalents and restricted cash and cash equivalents		(574)	1,590
Total cash and cash equivalents and restricted cash and cash equivalents, beginning of period		11,152	10,582
Total cash and cash equivalents and restricted cash and cash equivalents, end of period		10,578	12,172
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid during the period for income taxes (see Note 17)		98	216
Cash paid during the period for interest		$ 72	$ 66

[1] See Note 5 for additional information related to the net (losses) gains on equity securities.