Supplemental Financial Statement Information (Tables)
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9 Months Ended |
Sep. 30, 2023 |
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] |
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| Schedule of Cash and Cash Equivalents |
The following table reconciles cash, cash equivalents, and restricted cash reported on the Company’s condensed consolidated balance sheets to the total amount presented in the condensed consolidated statements of cash flows (in millions):
| | | | | | | | | | December 31,
2022 | September 30,
2023 | | Cash and cash equivalents | $ | 7,378 | | $ | 8,175 | | | Cash and cash equivalents included in funds receivable and amounts held on behalf of customers | 4,708 | | 5,889 | | Restricted cash included in prepaids and other current assets | 17 | | 24 | | | Total cash, cash equivalents, and restricted cash presented in the condensed consolidated statements of cash flows | $ | 12,103 | | $ | 14,088 | |
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| Schedule of Restricted Cash |
The following table reconciles cash, cash equivalents, and restricted cash reported on the Company’s condensed consolidated balance sheets to the total amount presented in the condensed consolidated statements of cash flows (in millions):
| | | | | | | | | | December 31,
2022 | September 30,
2023 | | Cash and cash equivalents | $ | 7,378 | | $ | 8,175 | | | Cash and cash equivalents included in funds receivable and amounts held on behalf of customers | 4,708 | | 5,889 | | Restricted cash included in prepaids and other current assets | 17 | | 24 | | | Total cash, cash equivalents, and restricted cash presented in the condensed consolidated statements of cash flows | $ | 12,103 | | $ | 14,088 | |
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| Schedule of Accrued Expenses and Other Current Liabilities |
Accrued expenses and other current liabilities consisted of the following (in millions):
| | | | | | | | | | December 31,
2022 | September 30,
2023 | | | | | | | | Indirect taxes payable | $ | 418 | | $ | 588 | | | Compensation and employee benefits | 380 | | 451 | | | | | | | | | | | | | | | | | | | | | Indirect tax reserves | 206 | | 253 | | | Gift card liability | 141 | | 146 | | | Operating lease liabilities, current | 59 | | 54 | | | Other | 672 | | 713 | | | Total accrued expenses and other current liabilities | $ | 1,876 | | $ | 2,205 | |
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| Schedule of Payments Made to Customers |
The following table summarizes total payments made to customers (in millions):
| | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | 2022 | 2023 | | 2022 | 2023 | Reductions to revenue | $ | 107 | | $ | 114 | | | $ | 219 | | $ | 269 | | Charges to operations and support | 24 | | 29 | | | 68 | | 75 | | Charges to sales and marketing expense | 20 | | 18 | | | 45 | | 47 | | Total payments made to customers | $ | 151 | | $ | 161 | | | $ | 332 | | $ | 391 | |
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| Schedule of Revenue Disaggregated by Listing Location |
The following table presents revenue disaggregated by listing location (in millions):
| | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | 2022 | 2023 | | 2022 | 2023 | | North America | $ | 1,326 | | $ | 1,478 | | | $ | 3,246 | | $ | 3,595 | | Europe, the Middle East, and Africa | 1,263 | | 1,533 | | | 2,368 | | 2,932 | | | Latin America | 139 | | 178 | | | 454 | | 576 | | | Asia Pacific | 156 | | 208 | | | 429 | | 596 | | | Total revenue disaggregated by geographic region | $ | 2,884 | | $ | 3,397 | | | $ | 6,497 | | $ | 7,699 | |
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