v3.25.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 7,600 $ 6,864
Short-term investments 3,892 3,747
Funds receivable and amounts held on behalf of customers 9,175 5,931
Prepaids and other current assets 628 638
Total current assets 21,295 17,180
Deferred income tax assets 2,459 2,439
Goodwill and intangible assets, net 775 777
Other assets, noncurrent 527 563
Total assets 25,056 20,959
Current liabilities:    
Accrued expenses, accounts payable, and other current liabilities 2,836 2,614
Funds payable and amounts payable to customers 9,175 5,931
Current portion of long-term debt 1,996 0
Unearned fees 2,723 1,616
Total current liabilities 16,730 10,161
Long-term debt 0 1,995
Other liabilities, noncurrent 389 391
Total liabilities 17,119 12,547
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Common stock 0 0
Additional paid-in capital 12,841 12,602
Accumulated other comprehensive income (loss) (21) 35
Accumulated deficit (4,883) (4,225)
Total stockholders’ equity 7,937 8,412
Total liabilities and stockholders’ equity $ 25,056 $ 20,959