v3.24.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Useful Lives of Property and Equipment The useful lives are as follows:
   Estimated Useful Life
Equipment for merchants  2 years
Computer equipment and software  2 years
Office equipment  5 years
Capitalized software and website development costs  2 years
Leasehold improvements  Shorter of estimated useful life or lease term
Property and equipment, net consisted of the following (in millions):
December 31, 2022December 31, 2023
Equipment for merchants$156 $167 
Computer equipment and software68 77 
Capitalized software and website development costs591 953 
Leasehold improvements164 217 
Office equipment52 66 
Construction in progress74 40 
Total1,105 1,520 
Less: Accumulated depreciation and amortization(468)(808)
Property and equipment, net$637 $712