Supplemental Financial Statement Information

9 Months Ended

Sep. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Financial Statement Information

Note 8 – Supplemental Financial Statement Information

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets were as follows (in millions):

	As of
	December 31, 2020		September 30, 2021
Other receivables	$	464	$	594
Other	751		861
Prepaid expenses and other current assets	$	1,215	$	1,455

Accrued and Other Current Liabilities

Accrued and other current liabilities were as follows (in millions):

	As of
	December 31, 2020		September 30, 2021
Accrued legal, regulatory and non-income taxes	$	1,811	$	2,287
Accrued Drivers and Merchants liability	651		784
Income and other tax liabilities	203		305
Other	2,447		2,893
Accrued and other current liabilities	$	5,112	$	6,269

Other Long-Term Liabilities

Other long-term liabilities were as follows (in millions):

	As of
	December 31, 2020		September 30, 2021
Deferred tax liabilities	$	818	$	454
Other	488		675
Other long-term liabilities	$	1,306	$	1,129

Accumulated Other Comprehensive Income (Loss)

The changes in composition of accumulated other comprehensive income (loss), net of tax, were as follows (in millions):

	Foreign Currency Translation Adjustments		Unrealized Gains (Losses) on Available-for-Sale Securities, Net of Tax		Total
Balance as of December 31, 2019	$	(231)	$	44	$	(187)
Other comprehensive income (loss) before reclassifications	(268)		10		(258)
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		—
Other comprehensive income (loss)	(268)		10		(258)
Balance as of September 30, 2020	$	(499)	$	54	$	(445)

	Foreign Currency Translation Adjustments		Unrealized Gains (Losses) on Available-for-Sale Securities, Net of Tax		Total
Balance as of December 31, 2020	$	(581)	$	46	$	(535)
Other comprehensive income (loss) before reclassifications	78		1,625		1,703
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		—
Other comprehensive income (loss)	78		1,625		1,703
Balance as of September 30, 2021	$	(503)	$	1,671	$	1,168

Other Income (Expense), Net

The components of other income (expense), net were as follows (in millions):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2020		2021		2020		2021
Interest income	$	7	$	10	$	51	$	28
Foreign currency exchange gains (losses), net	(47)		(13)		(104)		(38)
Gain on business divestitures, net (1)	—		—		127		1,684
Unrealized loss on debt and equity securities, net (2)	(7)		(2,031)		(123)		(56)
Allowance reversal (impairment) of debt and equity securities (3)	160		—		(1,690)		—
Other, net	38		202		51		203
Other income (expense), net	$	151	$	(1,832)	$	(1,688)	$	1,821

(1) During the nine months ended September 30, 2020, gain on business divestitures, net primarily represents a $154 million gain on the sale of our Uber Eats India operations to Zomato recognized in the first quarter of 2020, partially offset by a $27 million loss on the sale of our JUMP operations to Lime during the second quarter of 2020. During the nine months ended September 30, 2021, gain on business divestitures, net represents a $1.6 billion gain on the sale of our ATG Business to Aurora recognized in the first quarter of 2021. Refer to Note 17 – Divestiture for further information on the sale of our ATG Business.

(2) During the three and nine months ended September 30, 2021, unrealized loss on debt and equity securities, net primarily represents a $3.2 billion and $1.7 billion net unrealized loss, respectively on our Didi investment, partially offset by a $994 million unrealized gain on our Zomato investment recognized during the third quarter of 2021, a $102 million and $573 million unrealized gain, respectively on our Aurora Investments, as well as a $73 million and $56 million net unrealized gain, respectively on our other investments in securities accounted for under the fair value option.

(3) During the three months ended September 30, 2020, we recorded a reversal of the previously recorded allowance for credit loss on our investment in Grab, initially recognized in the first quarter of 2020. During the nine months ended September 30, 2020, we recorded an impairment charge of $1.7 billion, primarily related to our investment in Didi recognized during the first quarter of 2020