v3.26.1
Supplemental Balance Sheet Information (Details) - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Accounts Receivable, net    
Accounts receivable, gross $ 117 $ 97
Allowance for doubtful accounts (2) (2)
Accounts receivable, net 115 95
Prepaid Expenses and Other Current Assets    
Value-added tax ("VAT") assets 159 142
Receivables from payment processors and aggregators 61 72
Deposits, primarily lease deposits 24 24
Interest receivables 19 100
Other prepaid expenses and current assets 127 102
Prepaid expenses and other current assets 390 440
Equity Investments    
Investment in equity method investees 329 315
Investment in equity securities 38 57
Investment in available-for-sale debt securities 15 15
Equity investments 382 387
Other Assets    
Prepayment for acquisition of PP&E [1] 125 122
Long-term deposits, primarily lease deposits 106 104
Land use right 99 98
VAT assets 14 14
Costs to obtain contracts 7 6
Others 24 18
Other assets 374 362
Accounts Payable and Other Current Liabilities    
Accounts payable 960 793
Operating lease liabilities 433 438
Contract liabilities 218 205
Accrued compensation and benefits 202 261
Accrued capital expenditures 150 166
Dividends payable 113 51
Accrued marketing expenses 16 40
Other current liabilities 171 173
Accounts payable and other current liabilities 2,263 2,127
Other Liabilities    
Contract liabilities 47 47
Accrued income tax payable 20 24
Other non-current liabilities 92 87
Other liabilities 159 158
Location, Statement of Financial Position, Balance [Axis]: us-gaap:OtherAssetsNoncurrent    
Other Assets    
Costs to obtain contracts $ 6 $ 6
[1] Primarily includes a prepayment made in relation to the acquisition of a building located in Shanghai to house the Company’s headquarters and flagship stores, which is currently expected to be delivered to the Company in 2027.