v3.25.2
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 6,688 $ 6,662
Short-term investments 3,320 4,262
Accounts receivable, net 1,099 984
Loans and interest receivable, held for sale 817 541
Loans and interest receivable, net of allowances of $524 and $461 as of June 30, 2025 and December 31, 2024, respectively 6,938 6,422
Funds receivable and customer accounts 38,923 37,671
Prepaid expenses and other current assets 2,094 1,664
Total current assets 59,879 58,206
Long-term investments 3,645 4,583
Property and equipment, net 1,625 1,508
Goodwill 10,976 10,837
Intangible assets, net 271 326
Other assets 3,381 3,265
Total assets 79,777 78,725
Current liabilities:    
Accounts payable 221 227
Funds payable and amounts due to customers 40,923 39,671
Accrued expenses and other current liabilities 3,906 5,592
Total current liabilities 45,050 45,490
Other long-term liabilities 3,230 2,939
Long-term debt 11,296 9,879
Total liabilities 59,576 58,308
Commitments and contingencies (Note 13)
Equity:    
Common stock, $0.0001 par value; 4,000 shares authorized; 960 and 993 shares outstanding as of June 30, 2025 and December 31, 2024, respectively 0 0
Preferred stock, $0.0001 par value; 100 shares authorized, unissued 0 0
Treasury stock at cost, 378 and 337 shares as of June 30, 2025 and December 31, 2024, respectively (30,111) (27,085)
Additional paid-in-capital 21,136 20,705
Retained earnings 29,915 27,347
Accumulated other comprehensive income (loss) (739) (550)
Total equity 20,201 20,417
Total liabilities and equity $ 79,777 $ 78,725