Goodwill and Intangible Assets, Net (Tables)

9 Months Ended

Sep. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill during the nine months ended September 30, 2024 were as follows (in millions):

	Total
Balance as of December 31, 2023	$	2,432
Effects of foreign currency translation	28
Balance as of September 30, 2024	$	2,460

Schedule of Intangible Assets

Intangible assets, net consisted of the following as of December 31, 2023 (in millions):

	Weighted-average Remaining Useful Life (in years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Existing technology	4.3	$	241	$	(117)	$	124
Merchant relationships	9.1	302		(56)		246
Courier relationships	—	12		(12)		—
Customer relationships	1.4	123		(69)		54
Trade name and trademarks	8.4	286		(51)		235
Balance as of December 31, 2023		$	964	$	(305)	$	659

Intangible assets, net consisted of the following as of September 30, 2024 (in millions):

	Weighted-average Remaining Useful Life (in years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Existing technology	3.6	$	242	$	(139)	$	103
Merchant relationships	8.5	304		(79)		225
Customer relationships	0.7	124		(99)		25
Trade name and trademarks	7.6	289		(73)		216
Assembled workforce in asset acquisition	2.5	10		(2)		8
Balance as of September 30, 2024		$	969	$	(392)	$	577

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense of intangible assets as of September 30, 2024 is as follows (in millions):

Year Ending December 31,	Amortization Expense
Remainder of 2024	$	32
2025	105
2026	86
2027	81
2028	65
Thereafter	208
Total estimated future amortization expense	$	577