v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 7,449 $ 6,561
Short-term investments 3,762 4,262
Accounts receivable, net 1,082 984
Loans and interest receivable, held for sale 714 541
Loans and interest receivable, net of allowances of $487 and $461 as of March 31, 2025 and December 31, 2024, respectively 6,511 6,422
Funds receivable and customer accounts 39,205 37,671
Prepaid expenses and other current assets 1,888 1,765
Total current assets 60,611 58,206
Long-term investments 4,613 4,583
Property and equipment, net 1,537 1,508
Goodwill 10,910 10,837
Intangible assets, net 296 326
Other assets 3,307 3,265
Total assets 81,274 78,725
Current liabilities:    
Accounts payable 175 227
Funds payable and amounts due to customers 41,205 39,671
Accrued expenses and other current liabilities 5,242 5,592
Total current liabilities 46,622 45,490
Other long-term liabilities 2,981 2,939
Long-term debt 11,417 9,879
Total liabilities 61,020 58,308
Commitments and contingencies (Note 13)
Equity:    
Common stock, $0.0001 par value; 4,000 shares authorized; 979 and 993 shares outstanding as of March 31, 2025 and December 31, 2024, respectively 0 0
Preferred stock, $0.0001 par value; 100 shares authorized, unissued 0 0
Treasury stock at cost, 356 and 337 shares as of March 31, 2025 and December 31, 2024, respectively (28,597) (27,085)
Additional paid-in-capital 20,819 20,705
Retained earnings 28,654 27,347
Accumulated other comprehensive income (loss) (622) (550)
Total equity 20,254 20,417
Total liabilities and equity $ 81,274 $ 78,725