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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 9,236 $ 7,060
Held-to-maturity investments 3,280 4,932
Accounts receivable, net 764 1,204
Software development 715 640
Other current assets 524 633
Total current assets 14,519 14,469
Software development 622 641
Property and equipment, net 199 193
Deferred income taxes, net 1,180 1,201
Other assets 507 508
Intangible assets, net 437 442
Goodwill 9,929 9,929
Total assets 27,393 27,383
Current liabilities:    
Accounts payable 177 324
Deferred revenues 1,653 2,088
Accrued expenses and other liabilities 987 1,143
Total current liabilities 2,817 3,555
Long-term debt, net 3,611 3,611
Deferred income taxes, net 32 158
Other liabilities 818 816
Total liabilities 7,278 8,140
Commitments and contingencies (Note 13)
Shareholders’ equity:    
Common stock, $0.000001 par value, 2,400,000,000 shares authorized, 1,214,763,143 and 1,212,894,055 shares issued at March 31, 2023 and December 31, 2022, respectively 0 0
Additional paid-in capital 12,396 12,260
Less: Treasury stock, at cost, 428,676,471 shares at March 31, 2023 and December 31, 2022 (5,563) (5,563)
Retained earnings 13,911 13,171
Accumulated other comprehensive loss (629) (625)
Total shareholders’ equity 20,115 19,243
Total liabilities and shareholders’ equity $ 27,393 $ 27,383