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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Summary of Reclassification Adjustments Made Between Operating Expenses

The following table below shows the reclassification adjustments made amongst costs and expenses on our consolidated statements of operations for the periods presented below:

 

 

As Reported December 31, 2023

 

 

Adjustments

 

 

As Adjusted December 31, 2023

 

 

As Reported December 31, 2022

 

 

Adjustments

 

 

As Adjusted December 31, 2022

 

 

 

(in millions)

 

 

(in millions)

 

Costs and expenses:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

      Cost of sales (formerly Cost of revenue)

 

$

149

 

 

$

(30

)

1

$

119

 

 

$

116

 

 

$

(38

)

1

$

78

 

      Marketing (formerly Selling and marketing)

 

 

940

 

 

 

(235

)

2

 

705

 

 

 

784

 

 

 

(208

)

2

 

576

 

      Personnel (including stock-based compensation of $96 and $88)

 

 

 

 

 

570

 

3

 

570

 

 

 

 

 

 

503

 

3

 

503

 

      Technology (formerly Technology and content)

 

 

273

 

 

 

(193

)

4

 

80

 

 

 

222

 

 

 

(159

)

4

 

63

 

      General and administrative

 

 

191

 

 

 

(112

)

5

 

79

 

 

 

172

 

 

 

(98

)

5

 

74

 

Depreciation and amortization

 

 

87

 

 

 

 

 

 

87

 

 

 

97

 

 

 

 

 

 

97

 

Restructuring and other related reorganization costs

 

 

22

 

 

 

 

 

 

22

 

 

 

 

 

 

 

 

 

 

Total costs and expenses

 

$

1,662

 

 

$

 

 

$

1,662

 

 

$

1,391

 

 

$

 

 

$

1,391

 

(1)
Primarily related to the reclass of people costs to Personnel, and data center costs, and to a lesser extent, licensing costs to Technology; partially offset by the reclass of digital service taxes ("DST") and bad debt expense from General and administrative to Costs of sales.
(2)
Primarily related to the reclass of people costs to Personnel, and to a lesser extent, licensing costs to Technology and real estate and office expenses to General and administrative.
(3)
Related to the reclass of people costs, including stock-based compensation expense, from all legacy operating expense captions to Personnel.
(4)
Primarily related to the reclass of people costs to Personnel, and to a lesser extent, the reclass of real estate and office expenses to General and administrative; partially offset by the reclass of data center and licensing costs from all legacy operating expense captions to Technology.
(5)
Primarily related to the reclass of people costs to Personnel, and to a lesser extent, the reclass of DST and bad debt expense to Costs of sales; partially offset by the reclass of real estate and office expenses to General and administrative from all legacy operating expense captions.
Summary of Changes in Allowance for Credit Losses

The following table presents the changes in our allowance for expected credit losses for the periods presented:

 

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

2022

 

 

 

(in millions)

 

Allowance for expected credit losses:

 

 

 

 

 

 

 

 

 

Balance, beginning of period

 

$

21

 

 

$

28

 

 

$

28

 

Provision charged to expense

 

 

8

 

 

 

6

 

 

 

6

 

Write-offs, net of recoveries and other adjustments

 

 

(4

)

 

 

(13

)

 

 

(6

)

Balance, end of period

 

$

25

 

 

$

21

 

 

$

28