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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 4,583 $ 5,197
Short-term investments 4,723 4,303
Accounts receivable, net 867 800
Loans and interest receivable, net of allowances of $455 and $491 as of June 30, 2022 and December 31, 2021, respectively 5,749 4,846
Funds receivable and customer accounts 37,221 36,141
Prepaid expenses and other current assets 2,109 1,287
Total current assets 55,252 52,574
Long-term investments 6,270 6,797
Property and equipment, net 1,832 1,909
Goodwill 11,146 11,454
Intangible assets, net 1,001 1,332
Other assets 2,309 1,737
Total assets 77,810 75,803
Current liabilities:    
Accounts payable 156 197
Funds payable and amounts due to customers 40,221 38,841
Accrued expenses and other current liabilities 4,122 3,755
Income taxes payable 596 236
Total current liabilities 45,095 43,029
Deferred tax liability and other long-term liabilities 2,750 2,998
Long-term debt 10,198 8,049
Total liabilities 58,043 54,076
Commitments and contingencies
Equity:    
Common stock, $0.0001 par value; 4,000 shares authorized; 1,156 and 1,168 shares outstanding as of June 30, 2022 and December 31, 2021, respectively 0 0
Preferred stock, $0.0001 par value; 100 shares authorized, unissued 0 0
Treasury stock at cost, 151 and 132 shares as of June 30, 2022 and December 31, 2021, respectively (14,130) (11,880)
Additional paid-in-capital 17,758 17,208
Retained earnings 16,703 16,535
Accumulated other comprehensive income (loss) (564) (136)
Total PayPal stockholders’ equity 19,767 21,727
Total liabilities and equity $ 77,810 $ 75,803