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Goodwill and Intangible Assets, Net (Tables)
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Schedule of Goodwill
The changes in the carrying amount of goodwill for the periods presented were as follows (in millions):
Total
Balance as of December 31, 2018$— 
Acquisitions306 
Balance as of December 31, 2019306 
Acquisitions10 
Balance as of December 31, 2020$316 
Schedule of Intangible Assets
Intangible assets, net consisted of the following as of December 31, 2019 (in millions):
Weighted-average
Remaining Useful
Life (in years)
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Existing technology1.4$49 $(6)$43 
Vendor relationships12.845 (1)44 
Courier relationships1.3— 
Customer relationships2.8— 
Trade name and trademarks2.8— 
Balance as of December 31, 2019
$110 $(7)$103 
Intangible assets, net consisted of the following as of year ended December 31, 2020 (in millions):
Weighted-average
Remaining Useful
Life (in years)
Gross Carrying
Value
Accumulated
Amortization
Net Carrying
Value
Existing technology7.6$71 $(48)$23 
Vendor relationships11.845 (4)41 
Courier relationships0.3(1)— 
Customer relationships1.8(3)
Trade name and trademarks1.8(2)
Balance as of December 31, 2020$132 $(58)$74 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense The estimated future amortization expense of intangible assets as of December 31, 2020 was as follows (in millions):
Year Ending December 31,
Amortization
Expense
2021$13 
202210 
2023
2024
2025
Thereafter33 
Total estimated future amortization expense$74