v3.25.0.1
Leases (Tables)
 12 Months Ended
Dec. 31, 2024
Leases [Abstract]  
Schedule of Leases, by Balance Sheet Location
The following table presents a summary of leases by balance sheet location as of the dates indicated (in millions):
 December 31,
Balance Sheet Location20242023
Assets
OperatingOperating lease right-of-use (“ROU”) assets$427 $493 
Liabilities
Operating - currentAccrued expenses and other current liabilities$118 $118 
Operating - noncurrentOperating lease liabilities320 387 
Total lease liabilities$438 $505 
Schedule of Components of Lease Expenses and Supplemental Information
The following table presents components of lease expense for the periods indicated (in millions):
Year Ended December 31,
Statement of Income Location202420232022
Operating lease costs (1)
Cost of net revenues, Sales and marketing, Product development and General and administrative expenses$147 $128 $132 
(1)Includes variable lease payments and sublease income that were immaterial for the years ended December 31, 2024, 2023 and 2022.
The following table presents supplemental information related to our leases included in the consolidated balance sheet as of the dates indicated:
December 31,
20242023
Weighted average remaining lease term
Operating leases4.40 years4.80 years
Weighted average discount rate
Operating leases4.91 %4.00 %


The following table presents supplemental information related to our leases for the periods indicated (in millions):
Year Ended December 31,
 202420232022
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases
$147 $154 $159 
ROU assets obtained in exchange for new lease obligations:
Operating leases$64 $102 $354 
Schedule of Operating Lease Maturity
The following table presents the maturity of lease liabilities under our non-cancelable operating leases as of the date indicated (in millions):
December 31, 2024
2025$137 
2026117 
202797 
202867 
202918 
Thereafter57 
Total lease payments493 
Less interest(55)
Present value of lease liabilities$438