Funds Receivable and Customer Accounts (Tables)

9 Months Ended

Sep. 30, 2018

Investments, Debt and Equity Securities [Abstract]

Schedule of assets underlying our funds receivable and customer accounts

The following table summarizes the assets underlying our funds receivable and customer accounts as of September 30, 2018 and December 31, 2017:

	September 30, 2018		December 31, 2017
	(In millions)
Cash and cash equivalents	$	5,606	$	5,387
Government and agency securities	8,826		6,651
Time deposits	353		739
Corporate debt securities	1,507		1,248
Funds receivable	4,659		4,217
Total funds receivable and customer accounts	$	20,951	$	18,242

Estimated fair value of our investments classified as available for sale included within funds receivable and customer accounts

As of September 30, 2018 and December 31, 2017, the estimated fair value of our investments classified as available-for-sale included within funds receivable and customer accounts was as follows:

	September 30, 2018
	Gross Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(In millions)
Government and agency securities	$	7,449	$	—	$	(3	)	$	7,446
Corporate debt securities	818		—		—			818
Total	$	8,267	$	—	$	(3	)	$	8,264

	December 31, 2017
	Gross Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Estimated Fair Value
	(In millions)
Government and agency securities	$	5,946	$	—	$	(5	)	$	5,941
Corporate debt securities	529		—		—			529
Total	$	6,475	$	—	$	(5	)	$	6,470

The estimated fair values of our investments classified as available for sale included within funds receivable and customer accounts by date of contractual maturity

The estimated fair values of our investments classified as available-for-sale included within funds receivable and customer accounts by date of contractual maturity were as follows:

	September 30, 2018
	(In millions)
One year or less	$	8,208
One year through two years	56
Total	$	8,264

The estimated fair values of our short-term and long-term investments classified as available-for-sale by date of contractual maturity were as follows:

	September 30, 2018
	(In millions)
One year or less	$	1,119
One year through two years	513
Two years through three years	116
Three years through four years	115
Four years through five years	—
Greater than five years	8
Total	$	1,871