v3.26.1
Accrued and Other Current Liabilities (Tables)
 6 Months Ended
Jun. 30, 2026
Payables and Accruals [Abstract]  
Schedule of Accounts Payable and Accrued Liabilities
Accrued and other current liabilities were as follows:

As of
December 31,
As of
June 30,

2025
2026
(in millions)
Accrued legal and regulatory matters
$
158 
$
87 
Accrued shopper and merchant liability (1)
103 
97 
Accrued advertising
53 
63 
Accrued compensation and benefits
28 
36 
Accrued professional, legal, and contractor services
51 
66 
Sales and indirect tax liabilities
31 
28 
Insurance reserves
72 
91 
Advances from payment card issuer
22 
56 
Gift cards and rewards
47 
44 
Other
67 
64 
Total
$
634 
$
631 
___________
(1) Accrued merchant liability primarily includes liabilities to certain retailers for payment of goods.