v3.24.0.1
ACQUISITIONS (Tables)
12 Months Ended
Dec. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Schedule of Business Acquisitions
The table below summarizes the consideration paid for Afterpay and the assessment of the fair value of the assets acquired and liabilities assumed at the closing date (in thousands, except share data):
Consideration:
Stock (113,617,352 shares of Class A common stock, excluding value accounted as post-combination expense of $66,337)
$13,827,929 
Cash paid to settle tax withholding in connection with replacement awards8,693 
Total consideration$13,836,622 
Recognized amounts of identifiable assets acquired and liabilities assumed:
Current assets (inclusive of cash, cash equivalents, and restricted cash acquired)$653,709 
Consumer receivables1,245,508 
Intangible customer assets1,378,000 
Intangible technology assets239,000 
Intangible trade name
386,000 
Other non-current assets74,232 
Long-term debt - current (i)
(1,058,065)
Current liabilities(439,358)
Warehouse funding facilities (ii)
(107,996)
Deferred tax liabilities(190,689)
Other non-current liabilities(63,213)
Total identifiable net assets acquired2,117,128 
Goodwill11,719,494 
Total$13,836,622 

(i) Long-term debt - current is comprised of the aforementioned Afterpay convertible notes, which were redeemed in cash at face value on March 4, 2022.

(ii) Refer to Note 15, Indebtedness for further details.