Supplemental Financial Statement Information

12 Months Ended

Dec. 31, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Supplemental Financial Statement Information

Note 10 - Supplemental Financial Statement Information

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets as of December 31, 2018 and 2019 were as follows (in millions):



	As of December 31,
	2018		2019
Prepaid expenses	$	265	$	571
Other receivables	416		428
Other	179		300
Prepaid expenses and other current assets	$	860	$	1,299

Accrued and Other Current Liabilities

Accrued and other current liabilities as of December 31, 2018 and 2019 were as follows (in millions):



	As of December 31,
	2018		2019
Accrued legal, regulatory and non-income taxes	$	1,134	$	1,539
Accrued Drivers and Restaurants liability	459		369
Accrued professional and contractor services	298		352
Accrued compensation and employee benefits	261		403
Accrued marketing expenses	152		114
Other accrued expenses	160		361
Income and other tax liabilities	157		194
Government and airport fees payable	104		162
Short-term capital and finance lease obligation for computer equipment	110		165
Short-term deferred revenue	65		76
Accrued interest on long-term debt	61		93
Other	196		222
Accrued and other current liabilities	$	3,157	$	4,050

Other Long-Term Liabilities

Other long-term liabilities as of December 31, 2018 and 2019 were as follows (in millions):



	As of December 31,
	2018		2019
Convertible debt embedded derivatives	$	2,018	$	—
Deferred tax liabilities	1,072		1,027
Financing obligation	436		78
Income tax payable	80		70
Other	466		237
Other long-term liabilities	$	4,072	$	1,412

Accumulated Other Comprehensive Income (Loss)

The changes in composition of accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2017, 2018 and 2019 were as follows (in millions):



	Foreign Currency Translation Adjustments			Unrealized Gains (Losses) on Available-for-Sale Securities, Net of Tax		Total
Balance as of December 31, 2016	$	1		$	—	$	1
Other comprehensive income (loss) before reclassifications	(4		)	—		(4		)
Other comprehensive income (loss)	(4		)	—		(4		)
Balance as of December 31, 2017	$	(3	)	$	—	$	(3	)



	Foreign Currency Translation Adjustments			Unrealized Gains (Losses) on Available-for-Sale Securities, Net of Tax		Total
Balance as of December 31, 2017	$	(3	)	$	—	$	(3	)
Other comprehensive income (loss) before reclassifications	(225		)	40		(185		)
Other comprehensive income (loss)	(225		)	40		(185		)
Balance as of December 31, 2018	$	(228	)	$	40	$	(188	)



	Foreign Currency Translation Adjustments			Unrealized Gains (Losses) on Available-for-Sale Securities, Net of Tax		Total
Balance as of December 31, 2018	$	(228	)	$	40	$	(188	)
Other comprehensive income (loss) before reclassifications	(3		)	4		1
Other comprehensive income (loss)	(3		)	4		1
Balance as of December 31, 2019	$	(231	)	$	44	$	(187	)

Other Income (Expense), Net

The components of other income (expense), net, for the years ended December 31, 2017, 2018 and 2019 were as follows (in millions):



	Year Ended December 31,
	2017			2018			2019
Interest income	$	71		$	104		$	234
Foreign currency exchange gains (losses), net	42			(45		)	(40		)
Gain on business divestitures ⁽¹⁾	—			3,214			—
Gain (loss) on debt and equity securities, net ⁽²⁾	—			1,996			2
Change in fair value of embedded derivatives	(173		)	(501		)	58
Gain on extinguishment of convertible notes and settlement of derivatives	—			—			444
Other	44			225			24
Other income (expense), net	$	(16	)	$	4,993		$	722

⁽¹⁾During the year ended December 31, 2018, gain on business divestitures primarily included a $2.2 billion gain on the sale of the Company’s Southeast Asia operations to Grab and a $954 million gain on the disposal of the Company’s Uber Russia and the Commonwealth of Independent States (“Russia/CIS”) operations recognized in the first quarter of 2018. On March 25, 2018, two wholly-owned subsidiaries of the Company signed and completed an agreement with Grab pursuant to which Grab hired employees and acquired certain assets of the Company in the region, including Rider, Drivers, and Eater contracts in Southeast Asia. The net assets contributed by the Company were not material. In exchange, the Company received shares of Grab Series G preferred stock which were recorded at fair value as additional sale consideration. Refer to Note 4 - Equity Method Investments for more information on the disposal of the Company's Uber Russia/CIS operations.

⁽²⁾During the year ended December 31, 2018, gain (loss) on debt and equity securities, net represented a $2.0 billion unrealized gain on the Company’s non-marketable equity securities related to Didi recognized in the first quarter of 2018. Refer to Note 3 - Investments and Fair Value Measurement for further information.