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Supplemental Balance Sheet Information (Tables)
3 Months Ended
Mar. 31, 2024
Balance Sheet Related Disclosures [Abstract]  
Accounts Receivable, Net

Accounts Receivable, net

 

3/31/2024

 

 

12/31/2023

 

Accounts receivable, gross

 

$

75

 

 

$

69

 

Allowance for doubtful accounts

 

 

(1

)

 

 

(1

)

Accounts receivable, net

 

$

74

 

 

$

68

 

Prepaid Expenses and Other Current Assets

Prepaid Expenses and Other Current Assets

 

3/31/2024

 

 

12/31/2023

 

Value-added tax ("VAT") assets

 

$

94

 

 

$

91

 

Interest receivables

 

 

64

 

 

 

46

 

Receivables from payment processors and aggregators

 

 

63

 

 

 

78

 

Deposits, primarily lease deposits

 

 

24

 

 

 

25

 

Other prepaid expenses and current assets

 

 

96

 

 

 

99

 

Prepaid expenses and other current assets

 

$

341

 

 

$

339

 

Property, Plant and Equipment

Property, Plant and Equipment (“PP&E”)

 

3/31/2024

 

 

12/31/2023

 

Buildings and improvements, and construction in progress

 

$

3,046

 

 

$

3,073

 

Finance leases, primarily buildings

 

 

70

 

 

 

68

 

Machinery and equipment

 

 

1,764

 

 

 

1,742

 

PP&E, gross

 

 

4,880

 

 

 

4,883

 

Accumulated depreciation

 

 

(2,588

)

 

 

(2,573

)

PP&E, net

 

$

2,292

 

 

$

2,310

 

Equity Investments

Equity Investments

 

3/31/2024

 

 

12/31/2023

 

Investment in equity method investees

 

$

282

 

 

$

287

 

Investment in equity securities

 

 

53

 

 

 

45

 

Equity investments

 

$

335

 

 

$

332

 

Accounts Payable and Other Current Liabilities

Other Assets

 

3/31/2024

 

 

12/31/2023

 

Land use right

 

$

112

 

 

$

115

 

Long-term deposits, primarily lease deposits

 

 

95

 

 

 

94

 

Prepayment for acquisition of PP&E

 

 

30

 

 

 

28

 

Costs to obtain contracts

 

 

6

 

 

 

6

 

VAT assets

 

 

7

 

 

 

6

 

Others

 

 

13

 

 

 

16

 

Other assets

 

$

263

 

 

$

265

 

 

Accounts Payable and Other Current Liabilities

 

3/31/2024

 

 

12/31/2023

 

Accounts payable

 

$

727

 

 

$

786

 

Operating lease liabilities

 

 

419

 

 

 

426

 

Accrued compensation and benefits

 

 

192

 

 

 

299

 

Contract liabilities

 

 

189

 

 

 

196

 

Accrued capital expenditures

 

 

173

 

 

 

226

 

Accrued marketing expenses

 

 

64

 

 

 

51

 

Dividends payable

 

 

25

 

 

 

40

 

Other current liabilities

 

 

147

 

 

 

140

 

Accounts payable and other current liabilities

 

$

1,936

 

 

$

2,164

 

Other Liabilities and Deferred Credits

Other Liabilities

 

3/31/2024

 

 

12/31/2023

 

Accrued income tax payable

 

$

41

 

 

$

39

 

Contract liabilities

 

 

32

 

 

 

32

 

Other non-current liabilities

 

 

93

 

 

 

86

 

Other liabilities

 

$

166

 

 

$

157