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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets:    
Cash and cash equivalents (Note 6) $ 673 $ 612
Short-term marketable securities (Note 6) 35 118
Accounts receivable, net of allowance for doubtful accounts of $16 and $9, respectively (Note 2) 230 189
Income taxes receivable (Note 10) 30  
Prepaid expenses and other current assets 25 31
Total current assets 993 950
Long-term marketable securities (Note 6) 27 16
Property and equipment, net (Note 7) 263 260
Intangible assets, net (Note 8) 142 167
Goodwill (Note 8) 758 736
Deferred income taxes, net (Note 10) 16 42
Other long-term assets 73 67
TOTAL ASSETS 2,272 2,238
Current liabilities:    
Accounts payable 8 14
Deferred merchant payables (Note 2) 156 128
Deferred revenue 60 64
Current portion of debt (Note 9) [1] 7 80
Income taxes payable (Note 10) 5 10
Accrued expenses and other current liabilities (Note 11) 136 127
Total current liabilities 372 423
Long-term debt (Note 9) 230 91
Deferred income taxes, net (Note 10) 14 12
Other long-term liabilities (Note 12) 293 210
Total Liabilities 909 736
Commitments and contingencies (Note 13)
Stockholders’ equity: (Note 15)    
Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0
Additional paid-in capital 926 831
Retained earnings 926 945
Accumulated other comprehensive (loss) income (42) (77)
Treasury stock-common stock, at cost, 9,474,490 and 3,395,487 shares, respectively (447) (197)
Total Stockholders’ Equity 1,363 1,502
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,272 $ 2,238
[1] The weighted-average interest rate on short-term debt was 5.0% as of December 31, 2017 and 2.1% as of December 31, 2016.