v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 7,378 $ 6,067
Marketable securities 2,244 2,255
Funds receivable and amounts held on behalf of customers 4,783 3,715
Prepaids and other current assets (including customer receivables of $143 and $200 and allowances of $31 and $39, respectively) 456 349
Total current assets 14,861 12,386
Property and equipment, net 121 157
Operating lease right-of-use assets 138 272
Intangible assets, net 34 52
Goodwill 650 653
Other assets, noncurrent 234 188
Total assets 16,038 13,708
Current liabilities:    
Accounts payable 137 118
Operating lease liabilities, current 59 63
Accrued expenses and other current liabilities 1,817 1,559
Funds payable and amounts payable to customers 4,783 3,715
Unearned fees 1,182 904
Total current liabilities 7,978 6,359
Long-term debt 1,987 1,983
Operating lease liabilities, noncurrent 295 372
Other liabilities, noncurrent 218 219
Total liabilities 10,478 8,933
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Common stock 0 0
Additional paid-in capital 11,557 11,140
Accumulated other comprehensive loss (32) (7)
Accumulated deficit (5,965) (6,358)
Total stockholders’ equity 5,560 4,775
Total liabilities and stockholders’ equity $ 16,038 $ 13,708