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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Operating activities:      
Net income (loss) $ 5 $ 10 $ 20
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:      
Depreciation and amortization 85 87 97
Stock-based compensation expense (Note 13) 120 96 88
Deferred income tax expense (benefit) (Note 10) (14) (25) (19)
Provision for expected credit losses (Note 2) 8 6 6
Other, net 9 9 7
Changes in operating assets and liabilities, net:      
Accounts receivable, prepaid expenses and other assets (24) 6 (87)
Accounts payable, accrued expenses and other liabilities 13 11 72
Deferred merchant payables 19 32 99
Income tax receivables/payables, net (75) (1) 107
Deferred revenue (2) 4 10
Net cash provided by (used in) operating activities 144 235 400
Investing activities:      
Capital expenditures, including capitalized website development (74) (63) (56)
Other investing activities, net 1 0 4
Net cash provided by (used in) investing activities (73) (63) (52)
Financing activities:      
Repurchase of common stock (Note 14) (25) (100) 0
Proceeds from the issuance of Term Loan B Facility, net of financing costs (Note 8) 493 0 0
Principal payments on Term Loan B Facility (Note 8) (1) 0 0
Payment of 2025 Senior Notes (Note 8) (500) 0 0
Payment of financing costs related to Credit Facility (Note 8)   (3) 0
Payment of withholding taxes on net share settlements of equity awards (21) (17) (20)
Payments of finance lease obligation and other financing activities, net (Note 5) (8) (7) (7)
Net cash provided by (used in) financing activities (63) (127) (27)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (11) 1 (23)
Net increase (decrease) in cash, cash equivalents and restricted cash (3) 46 298
Cash, cash equivalents and restricted cash at beginning of period 1,067 1,021 723
Cash, cash equivalents and restricted cash at end of period 1,064 1,067 1,021
Supplemental disclosure of cash flow information:      
Cash paid (received) during the period for income taxes, net of refunds 170 140 (40)
Cash paid during the period for interest 58 39 40
Supplemental disclosure of non-cash investing and financing activities:      
Stock-based compensation capitalized website development costs (Note 13) 13 $ 10 $ 10
Credit Facility      
Financing activities:      
Payment of financing costs related to Credit Facility (Note 8) $ (1)