v3.25.0.1
Gain (Loss) on Equity Investments and Warrant, Net and Interest Income and Other, Net (Tables)
12 Months Ended
Dec. 31, 2024
Nonoperating Income (Expense) [Abstract]  
Schedule of Gain (loss) on Equity Method Investments and Warrants During the period in which we recognize an equity investment, the summarized financial information reflects activity from the date of recognition.
Twelve months ended September 30,
202420232022
(In millions)
Revenue$1,369 $1,468 $1,346 
Gross profit$852 $947 $478 
Loss from continuing operations
$(30)$(124)$(56)
Net income (loss)$10 $(107)$(55)
September 30,
20242023
(In millions)
Current assets$658 $798 
Noncurrent assets$573 $468 
Current liabilities$514 $670 
Noncurrent liabilities$38 $59 
The following table presents components of “Gain (loss) on equity investments and warrant, net” for the periods indicated (in millions):
 Year Ended December 31,
 2024  2023  2022
Unrealized change in fair value of equity investment in Adevinta$(234)$1,782 $(2,693)
Realized change in fair value of shares sold in Adevinta
78 — 2 
Unrealized change in fair value of equity investment in Adyen— — (118)
Realized change in fair value of shares sold in Adyen(57)— (143)
Realized change in fair value of shares sold in Aurelia
(11)— — 
Unrealized change in fair value of equity investment in Gmarket(12)(96)(294)
Realized change in fair value of shares sold in Gmarket
(1)— — 
Unrealized change in fair value of equity investment in KakaoBank— (11)(218)
Realized change in fair value of shares sold in KakaoBank— 13 (75)
Gain (loss) on other investments
3 (6)(17)
Change in fair value of warrant158 150 (230)
Total gain (loss) on equity investments and warrant, net$(76)  $1,832   $(3,786)
Schedule of Components of Interest and Other, Net
The following table presents components of “Interest income and other, net” for the periods indicated (in millions):
 Year Ended December 31,
 202420232022
Interest income$272 $204 $73 
Foreign exchange and other23 (7)(3)
Total interest income and other, net
$295 $197 $70