The following table reconciles cash, cash equivalents, and restricted cash reported on the Company’s consolidated balance sheets to the total amount presented in the consolidated statements of cash flows (in millions):


	December 31,
	2021		2022
Cash and cash equivalents	$	6,067	$	7,378
Cash and cash equivalents included in funds receivable and amounts held on behalf of customers	3,645		4,708
Restricted cash included in prepaids and other current assets	15		17
Total cash, cash equivalents, and restricted cash presented in the consolidated statements of cash flows	$	9,727	$	12,103

Accrued expenses and other current liabilities consisted of the following (in millions):


	December 31,
	2021		2022

Indirect taxes payable	$	310	$	418






Compensation and employee benefits	416		380
Indirect tax reserves	183		206
Gift card liability	98		141
Other	552		672
Total accrued expenses and other current liabilities	$	1,559	$	1,817

Payments to Customers

The Company makes payments to customers as part of its incentive programs (composed of referral programs and marketing promotions) and refund activities. The payments are generally in the form of coupon credits to be applied toward future bookings or as cash refunds.

The following table summarizes total payments made to customers (in millions):


	Year Ended December 31,
	2020		2021		2022
Reductions to revenue	$	384	$	156	$	284
Charges to operations and support	83		69		88
Charges to sales and marketing expense	57		47		60
Total payments made to customers	$	524	$	272	$	432