Supplemental Financial Statement Information (Tables)

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets as of December 31, 2020 and 2021 were as follows (in millions):


	As of December 31,
	2020		2021
Prepaid expenses	$	407	$	459
Other receivables	464		553
Other	344		442
Prepaid expenses and other current assets	$	1,215	$	1,454

Schedule of Accrued and Other Current Liabilities

Accrued and other current liabilities as of December 31, 2020 and 2021 were as follows (in millions):


	As of December 31,
	2020		2021
Accrued legal, regulatory and non-income taxes	$	1,811	$	2,187
Accrued Drivers and Merchants liability	651		1,187
Income and other tax liabilities	203		376
Unsecured convertible notes in connection with Careem acquisition	348		—
Commitment to issue unsecured convertible notes in connection with Careem acquisition	303		238
Other	1,796		2,549
Accrued and other current liabilities	$	5,112	$	6,537

Other Long-Term Liabilities

Other long-term liabilities as of December 31, 2020 and 2021 were as follows (in millions):


	As of December 31,
	2020		2021
Deferred tax liabilities	$	818	$	365
Other	488		570
Other long-term liabilities	$	1,306	$	935

Schedule of Accumulated Other Comprehensive Income (Loss)

The changes in composition of accumulated other comprehensive income (loss), net of tax, for the years ended December 31, 2019, 2020 and 2021 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, 2018	$	(228)	$	40	$	(188)
Other comprehensive income (loss) before reclassifications	(3)		4		1
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		—
Other comprehensive income (loss)	(3)		4		1
Balance as of December 31, 2019	$	(231)	$	44	$	(187)


	Foreign Currency Translation Adjustments		Unrealized Gains (Losses) on Available-for-Sale Securities, Net of Tax		Total
Balance as of December 31, 2019	$	(231)	$	44	$	(187)
Other comprehensive income (loss) before reclassifications	(350)		2		(348)
Amounts reclassified from accumulated other comprehensive income (loss)	—		—		—
Other comprehensive income (loss)	(350)		2		(348)
Balance as of December 31, 2020	$	(581)	$	46	$	(535)


	Foreign Currency Translation Adjustments		Unrealized Gains (Losses) on Available-for-Sale Securities, Net of Tax		Total
Balance as of December 31, 2020	$	(581)	$	46	$	(535)
Other comprehensive income before reclassifications	57		2,562		2,619
Amounts reclassified from accumulated other comprehensive income (1)	—		(2,608)		(2,608)
Other comprehensive income (loss)	57		(46)		11
Balance as of December 31, 2021	$	(524)	$	—	$	(524)

(1) The amounts reclassified from accumulated other comprehensive income are recorded in other income (expense), net and the related tax impact of $176 million is recorded in provision for (benefit from) income taxes on the consolidated statement of operations.

Other Income (Expense), Net

The components of other income (expense), net, for the years ended December 31, 2019, 2020 and 2021 were as follows (in millions):


	Year Ended December 31,
	2019		2020		2021
Interest income	$	234	$	55	$	37
Foreign currency exchange gains (losses), net	(40)		(128)		(67)
Gain on business divestitures, net (1)	—		204		1,684
Gain from sale of investments (2)	—		—		413
Unrealized gain (loss) on debt and equity securities, net (3)	2		(125)		1,142
Impairment of debt and equity securities (4)	—		(1,690)		—
Change in fair value of embedded derivatives	58		—		—
Gain on extinguishment of convertible notes and settlement of derivatives (5)	444		—		—
Other, net	24		59		83
Other income (expense), net	$	722	$	(1,625)	$	3,292

(1) During the year ended December 31, 2020, gain on business divestitures, net represented a $154 million gain on the sale of our Uber Eats India operations to Zomato recognized in the first quarter of 2020 and a $77 million gain on the sale of our European Freight Business to sennder GmbH (“Sennder”) recognized in the fourth quarter of 2020, partially offset by a $27 million loss on the sale of our JUMP operations to Lime recognized in the second quarter of 2020.

During the year ended December 31, 2021, gain on business divestitures, net represented a $1.6 billion gain on the sale of our ATG Business to Aurora recognized in the first quarter of 2021. Refer to Note 19 – Divestitures for further information on the sale of our ATG Business.

(2) During the year ended December 31, 2021, gain from sale of investments primarily represented a $348 million gain recognized from sale of our equity interests in MLU B.V. Refer to Note 4 - Equity Method Investments for further information.

(3) During the year ended December 31, 2021, unrealized gain (loss) on debt and equity securities, net primarily represented a $1.6 billion net unrealized gain on our Grab investment, a $1.6 billion unrealized gain on our Aurora Investments and a $991 million unrealized gain on our Zomato investment, partially offset by a $3.0 billion unrealized loss on our Didi investment. Refer to Note 3 – Investments and Fair Value Measurement for further information.

(4) During the year ended December 31, 2020, we recorded an impairment charge of $1.7 billion, primarily related to our investment in Didi recognized during the first quarter of 2020. Refer to Note 3 – Investments and Fair Value Measurement for further information.

(5) During the year ended December 31, 2019, we recognized a $444 million gain on extinguishment of our 2021 and 2022 Convertible Notes and settlement of derivatives in connection with our IPO, recognized during the second quarter of 2019. Refer to Note 11 – Stockholders' Equity for additional information regarding our IPO.