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Interim Condensed Consolidated Statement Of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Cash flows from operations:    
Net income $ 188 $ 34
Adjustments to reconcile net income to net cash provided by (used in) operating activities:    
Unrealized devaluation loss, net 134 45
Impairment of digital assets 11 7
Depreciation and amortization 184 85
Accrued interest income (65) (9)
Non cash interest, convertible notes amortization of debt discount and amortization of debt issuance costs and other charges 155 48
Provision for doutbful accounts 557 166
Financial results on derivative instruments 22 11
LTRP accrued compensation 35 51
Deferred income taxes (67) 16
Changes in assets and liabilities:    
Accounts receivable (32) (30)
Credit card receivables and other means of payments (642) (301)
Prepaid expenses (36) (29)
Inventories 81 (47)
Other assets (81) (92)
Payables and accrued expenses 32 10
Funds payable to customers 119 71
Amounts payable due to credit and debit card transactions 80 12
Other liabilities (55) (64)
Interest received from investments 54 15
Net cash provided by (used in) operating activities 674 (1)
Cash flows from investing activities:    
Purchase of investments (6,190) (5,208)
Proceeds from sale and maturity of investments 5,043 5,575
Receipts from settlements of derivative instruments 0 4
Payment for settlements of derivative instruments (7) (11)
Purchases of intangible assets (1) (20)
Changes in principal of loans receivable, net (1,170) (333)
Purchases of property and equipment (236) (263)
Net cash used in investing activities (2,561) (256)
Cash flows from financing activities:    
Proceeds from loans payable and other financial liabilities 7,315 3,502
Payments on loans payable and other financial liabilities (6,646) (2,240)
Payments on repurchase of the 2028 Notes 0 (1,865)
Payment of finance lease obligations (9) (9)
Purchase of convertible note capped call 0 (101)
Unwind of convertible note capped call 0 102
Common Stock repurchased (74) (142)
Exercise of Convertible Notes 0 (3)
Net cash provided by (used in) financing activities 586 (756)
Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents (94) (64)
Net decrease in cash, cash equivalents, restricted cash and cash equivalents (1,395) (1,077)
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the period 3,648 [1] 2,508
Cash, cash equivalents, restricted cash and cash equivalents, end of the period $ 2,253 [1] $ 1,431
[1] Cash, cash equivalents, restricted cash and cash equivalents as reported in the consolidated statements of cash flow