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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents (Note 6) $ 611 $ 614
Short-term marketable securities (Note 6) 116 47
Accounts receivable, net of allowance for doubtful accounts of $9 and $6, respectively 221 180
Prepaid expenses and other current assets 18 24
Total current assets 966 865
Long-term marketable securities (Note 6) 29 37
Property and equipment, net of accumulated depreciation of $137 and $88, respectively 262 247
Intangible assets, net of accumulated amortization of $77 and $52, respectively 178 176
Goodwill 744 732
Deferred income taxes, net 44 25
Other long-term assets 54 46
TOTAL ASSETS 2,277 2,128
Current liabilities:    
Accounts payable 11 10
Deferred merchant payables 152 105
Deferred revenue 69 64
Current portion of debt (Note 7) 76 1
Taxes payable 16 9
Accrued expenses and other current liabilities (Note 9) 126 123
Total current liabilities 450 312
Deferred income taxes, net 20 15
Other long-term liabilities 207 189
Long-term debt (Note 7) 20 200
Total Liabilities 697 716
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0
Additional paid-in capital 808 741
Retained earnings 944 826
Accumulated other comprehensive income (loss) (59) (63)
Treasury stock-common stock, at cost, 1,743,530 and 1,393,131 shares, respectively (113) (92)
Total Stockholders’ Equity 1,580 1,412
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,277 $ 2,128