v3.24.0.1
Balance Sheet Components (Tables)
12 Months Ended
Dec. 31, 2023
Balance Sheet Related Disclosures [Abstract]  
Schedule of Cash Equivalents and Marketable Securities
The following tables summarize the cost or amortized cost, gross unrealized gain, gross unrealized loss, and fair value of the Company’s cash equivalents and marketable securities (in millions):
 December 31, 2022
 Cost or
Amortized
Cost
UnrealizedEstimated
Fair
Value
 GainsLosses
Cash equivalents
Money market funds$886 $— $— $886 
Commercial paper3 — — 3 
Short-term marketable securities
Commercial paper306 — — 306 
Corporate bonds207 — (2)205 
U.S. government agency securities78 — (2)76 
U.S. Treasury securities970 — (13)957 
Long-term marketable securities
Corporate bonds146 — (1)145 
U.S. government agency securities44 — — 44 
U.S. Treasury securities210 — (2)208 
Total$2,850 $— $(20)$2,830 
 December 31, 2023
 Cost or
Amortized
Cost
UnrealizedEstimated
Fair
Value
 GainsLosses
Cash equivalents
Money market funds$1,349 $— $— $1,349 
U.S. Treasury securities35 — — 35 
Short-term marketable securities
Certificates of deposit38 — — 38 
Commercial paper216 — — 216 
Corporate bonds290 — (1)289 
U.S. government agency securities162 — — 162 
U.S. Treasury securities717 1 (1)717 
Long-term marketable securities
Corporate bonds382 2 (1)383 
U.S. government agency securities55 — — 55 
U.S. Treasury securities144 1 — 145 
Total$3,388 $4 $(3)$3,389 
Schedule of Property and Equipment, net 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 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities consisted of the following (in millions):
December 31, 2022December 31, 2023
Litigation reserves$37 $75 
Sales tax payable and accrued sales and indirect taxes194 245 
Accrued operations related expenses220 331 
Accrued advertising124 112 
Dasher and merchant payable702 950 
Insurance reserves418 758 
Contract liabilities251 308 
Other386 347 
Total$2,332 $3,126