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Supplemental Financial Statement Information (Tables)
 6 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Prepaid Expenses and Other Current Assets
Prepaid expenses and other current assets were as follows (in millions):
As of
December 31, 2023June 30, 2024
Prepaid expenses$400 $364 
Other receivables717 589 
Other564 679 
Prepaid expenses and other current assets$1,681 $1,632 
Schedule of Accrued and Other Current Liabilities
Accrued and other current liabilities were as follows (in millions):
As of
December 31, 2023June 30, 2024
Accrued legal, regulatory and non-income taxes$1,044 $1,411 
Accrued Drivers and Merchants liability1,996 2,377 
Accrued compensation and employee benefits710 410 
Income and other tax liabilities684 652 
Commitment to issue unsecured convertible notes in connection with Careem acquisition128 128 
Other1,896 2,003 
Accrued and other current liabilities$6,458 $6,981 
Schedule of Other Long-Term Liabilities
Other long-term liabilities were as follows (in millions):
As of
December 31, 2023June 30, 2024
Deferred tax liabilities$56 $35 
Other776 699 
Other long-term liabilities$832 $734 
Schedule of Accumulated Other Comprehensive Income (Loss)
The changes in composition of accumulated other comprehensive income (loss), net of tax, were as follows (in millions):
Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale Securities, Net of TaxTotal
Balance as of December 31, 2022$(443)$— $(443)
Other comprehensive income (loss) before reclassifications(138)(2)(140)
Amounts reclassified from accumulated other comprehensive income (loss) (1)
140 — 140 
Other comprehensive income (loss)2 (2)— 
Balance as of June 30, 2023$(441)$(2)$(443)
(1) The amounts were reported as part of the loss from the sale of our remaining interest in MLU B.V., which was recorded in other income (expense), net in our condensed consolidated statements of operations during the three and six months ended June 30, 2023. Refer to Note 4 – Equity Method Investments for further information.
Foreign Currency Translation AdjustmentsUnrealized Gains (Losses) on Available-for-Sale Securities, Net of TaxTotal
Balance as of December 31, 2023$(426)$5 $(421)
Other comprehensive income (loss) before reclassifications(49)(9)(58)
Amounts reclassified from accumulated other comprehensive income (loss)— — — 
Other comprehensive income (loss)(49)(9)(58)
Balance as of June 30, 2024$(475)$(4)$(479)
Other Income (Expense), Net
The components of other income (expense), net were as follows (in millions):
Three Months Ended June 30,Six Months Ended June 30,
2023202420232024
Interest income$107 $176 $194 $335 
Foreign currency exchange gains (losses), net1 (83)(93)(247)
Unrealized gain (loss) on debt and equity securities, net (1)
386 333 706 (388)
Loss from sale of investment (2)
(74)— (74)— 
Other, net(147)(6)(168)42 
Other income (expense), net$273 $420 $565 $(258)
(1) During the three and six months ended June 30, 2023, unrealized gain on debt and equity securities, net represents changes in the fair value of our equity securities, primarily including: a $466 million and $521 million unrealized gain on our Aurora investment, respectively; a $151 million and $177 million unrealized gain on our Joby investment, respectively; a $225 million and $113 million unrealized gain on our Grab investment, respectively; partially offset by a $461 million and $104 million unrealized loss on our Didi investment, respectively.
During the three months ended June 30, 2024, unrealized gain on debt and equity securities, net represents changes in the fair value of our equity securities, primarily including: a $220 million unrealized gain on our Grab investment, and a $178 million unrealized gain on our Didi investment.
During the six months ended June 30, 2024, unrealized loss on debt and equity securities, net represents changes in the fair value of our equity securities, primarily including: a $522 million unrealized loss on our Aurora investment; partially offset by a $109 million gain on our Didi investment and a $96 million gain on our Grab investment.
(2) Refer to Note 4 – Equity Method Investments for further information.