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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net income (loss) $ 1,498 $ 3,368
Adjustments to reconcile net income to net cash provided by operating activities:    
Transaction and credit losses 1,184 710
Depreciation and amortization 991 939
Stock-based compensation 967 1,058
Deferred income taxes (538) (175)
Net (gains) losses on strategic investments 163 (336)
Other 567 92
Changes in assets and liabilities:    
Accounts receivable (89) (155)
Accounts payable (55) (50)
Income taxes payable 109 18
Other assets and liabilities (141) (892)
Net cash provided by operating activities 4,656 4,577
Cash flows from investing activities:    
Purchases of property and equipment (548) (695)
Proceeds from sales of property and equipment 5 3
Purchases and originations of loans receivable (19,167) (8,241)
Principal repayment of loans receivable 17,164 7,598
Purchases of investments (16,455) (30,905)
Maturities and sales of investments 16,770 30,390
Acquisitions, net of cash and restricted cash acquired 0 (469)
Funds receivable (1,085) (37)
Other investing activities 30 0
Net cash used in investing activities (3,286) (2,356)
Cash flows from financing activities:    
Proceeds from issuance of common stock 86 90
Purchases of treasury stock (3,189) (1,873)
Tax withholdings related to net share settlements of equity awards (321) (978)
Borrowings under financing arrangements 3,346 0
Repayments under financing arrangements (1,686) 0
Funds payable and amounts due to customers (659) 2,575
Other financing activities 1 0
Net cash used in financing activities (2,422) (186)
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (253) (106)
Net change in cash, cash equivalents, and restricted cash (1,305) 1,929
Cash, cash equivalents, and restricted cash at beginning of period 18,029 18,040
Cash, cash equivalents, and restricted cash at end of period 16,724 19,969
Supplemental cash flow disclosures:    
Cash paid for interest 114 121
Cash paid for income taxes, net 666 436
The table below reconciles cash, cash equivalents, and restricted cash as reported in the condensed consolidated balance sheets to the total of the same amounts shown in the condensed consolidated statements of cash flows:    
Cash and cash equivalents 6,659 7,782
Total cash, cash equivalents, and restricted cash shown in the condensed consolidated statements of cash flows 16,724 19,969
Short-term investments    
The table below reconciles cash, cash equivalents, and restricted cash as reported in the condensed consolidated balance sheets to the total of the same amounts shown in the condensed consolidated statements of cash flows:    
Restricted cash 21 23
Funds receivable and customer accounts    
The table below reconciles cash, cash equivalents, and restricted cash as reported in the condensed consolidated balance sheets to the total of the same amounts shown in the condensed consolidated statements of cash flows:    
Restricted cash $ 10,044 $ 12,164