OTHER FINANCIAL STATEMENT DETAILS (Tables)

9 Months Ended

Sep. 30, 2024

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Crypto Asset Safeguarding Liability and Corresponding Safeguarding Asset

The following table summarizes the significant crypto assets we hold for the benefit of our customers and the crypto asset safeguarding liability and corresponding safeguarding asset as of September 30, 2024 and December 31, 2023:

	September 30, 2024		December 31, 2023
	(In millions)
Bitcoin	$	1,440	$	741
Ethereum	634		412
Other	93		88
Crypto asset safeguarding liability	$	2,167	$	1,241
Crypto asset safeguarding asset	$	2,167	$	1,241

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the three months ended September 30, 2024:

	Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Available-for-sale Debt Securities		Foreign Currency Translation Adjustment (“CTA”)		Net Investment Hedges CTA Gains (Losses)		Estimated Tax (Expense) Benefit		Total
	(In millions)
Beginning balance	$	43	$	(36)	$	(999)	$	390	$	(91)	$	(693)
Other comprehensive income (loss) before reclassifications	(160)		60		275		(149)		28		54
Less: Amount of net gain (loss) reclassified from accumulated other comprehensive income (loss) (“AOCI”)	(12)		—		—		—		—		(12)
Net current period other comprehensive income (loss)	(148)		60		275		(149)		28		66
Ending balance	$	(105)	$	24	$	(724)	$	241	$	(63)	$	(627)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the three months ended September 30, 2023:

	Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Available-for-sale Debt Securities		Foreign CTA		Net Investment Hedges CTA Gains (Losses)		Estimated Tax (Expense) Benefit		Total
	(In millions)
Beginning balance	$	(23)	$	(403)	$	(811)	$	195	$	46	$	(996)
Other comprehensive income (loss) before reclassifications	116		110		(70)		35		(40)		151
Less: Amount of net gain (loss) reclassified from AOCI	7		—		—		—		—		7
Net current period other comprehensive income (loss)	109		110		(70)		35		(40)		144
Ending balance	$	86	$	(293)	$	(881)	$	230	$	6	$	(852)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the nine months ended September 30, 2024:

	Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Available-for-sale Debt Securities		Foreign CTA		Net Investment Hedges CTA Gains (Losses)		Estimated Tax (Expense) Benefit		Total
	(In millions)
Beginning balance	$	(56)	$	(134)	$	(731)	$	191	$	(16)	$	(746)
Other comprehensive income (loss) before reclassifications	(39)		117		7		50		(47)		88
Less: Amount of net gain (loss) reclassified from AOCI	10		(41)		—		—		—		(31)
Net current period other comprehensive income (loss)	(49)		158		7		50		(47)		119
Ending balance	$	(105)	$	24	$	(724)	$	241	$	(63)	$	(627)

The following table summarizes the changes in accumulated balances of other comprehensive income (loss) for the nine months ended September 30, 2023:

	Unrealized Gains (Losses) on Cash Flow Hedges		Unrealized Gains (Losses) on Available-for-sale Debt Securities		Foreign CTA		Net Investment Hedges CTA Gains (Losses)		Estimated Tax (Expense) Benefit		Total
	(In millions)
Beginning balance	$	111	$	(591)	$	(575)	$	(1)	$	128	$	(928)
Other comprehensive income (loss) before reclassifications	92		273		(306)		231		(122)		168
Less: Amount of net gain (loss) reclassified from AOCI	117		(25)		—		—		—		92
Net current period other comprehensive income (loss)	(25)		298		(306)		231		(122)		76
Ending balance	$	86	$	(293)	$	(881)	$	230	$	6	$	(852)

Schedule of Reclassifications out of AOCI

The following table provides details about reclassifications out of AOCI for the periods presented below:

Details about AOCI Components	Amount of Gains (Losses) Reclassified from AOCI								Affected Line Item in the Statements of Income (Loss)
	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(In millions)
Net gains (losses) on cash flow hedges—foreign currency exchange contracts	$	(12)	$	7	$	10	$	117	Net revenues
Net gains (losses) on investments	—		—		(41)		(23)		Net revenues
Net gains (losses) on investments	—		—		—		(2)		Other income (expense), net
	(12)		7		(31)		92		Income before income taxes
	—		—		—		—		Income tax expense
Total reclassifications for the period	$	(12)	$	7	$	(31)	$	92	Net income (loss)

Schedule of Other Income (Expense), Net

The following table reconciles the components of other income (expense), net for the periods presented below:

	Three Months Ended September 30,				Nine Months Ended September 30,
	2024		2023		2024		2023
	(In millions)
Interest income	$	183	$	124	$	514	$	348
Interest expense	(106)		(86)		(285)		(260)
Net gains (losses) on strategic investments	(171)		24		(226)		205
Other	14		11		32		25
Other income (expense), net	$	(80)	$	73	$	35	$	318