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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:    
Net income $ 819 $ 767
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 28 20
Stock-based compensation expense 677 544
Deferred income taxes 65 0
Other, net 61 (17)
Changes in operating assets and liabilities:    
Prepaids and other assets (105) (76)
Accrued expenses and other liabilities 230 95
Unearned fees 1,199 1,163
Net cash provided by operating activities 2,974 2,496
Cash flows from investing activities:    
Purchases of short-term investments (1,520) (1,691)
Sales and maturities of short-term investments 1,348 1,503
Other investing activities, net (22) (15)
Net cash used in investing activities (194) (203)
Cash flows from financing activities:    
Taxes paid related to net share settlement of equity awards (309) (872)
Proceeds from exercise of equity awards and employee stock purchase plan 99 54
Repurchases of common stock (1,499) (1,000)
Change in funds payable and amounts payable to customers 4,654 4,271
Net cash provided by financing activities 2,945 2,453
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (202) 132
Net increase in cash, cash equivalents, and restricted cash 5,523 4,878
Cash, cash equivalents, and restricted cash, beginning of period 12,667 12,103
Cash, cash equivalents, and restricted cash, end of period $ 18,190 $ 16,981