v3.26.3
Supplemental Balance Sheet Information (Details) - USD ($)
$ in Millions
Sep. 30, 2026
Dec. 31, 2025
Accounts Receivable, net    
Accounts receivable, gross $ 119 $ 97
Allowance for doubtful accounts (2) (2)
Accounts receivable, net 117 95
Prepaid Expenses and Other Current Assets    
Value-added tax ("VAT") assets 175 142
Receivables from payment processors and aggregators 64 72
Deposits, primarily lease deposits 23 24
Interest receivables 14 100
Other prepaid expenses and current assets 114 102
Prepaid expenses and other current assets 390 440
Equity Investments    
Investment in equity method investees 336 315
Investment in equity securities 39 57
Investment in available-for-sale debt securities 15 15
Equity investments 390 387
Other Assets    
Prepayment for acquisition of PP&E [1] 127 122
Long-term deposits, primarily lease deposits 107 104
Land use right 99 98
VAT assets 15 14
Costs to obtain contracts 6 6
Others 26 18
Other assets 379 362
Accounts Payable and Other Current Liabilities    
Accounts payable 959 793
Operating lease liabilities 425 438
Contract liabilities 204 205
Accrued compensation and benefits 222 261
Accrued capital expenditures 133 166
Dividends payable 84 51
Accrued marketing expenses 27 40
Other current liabilities 180 173
Accounts payable and other current liabilities 2,234 2,127
Other Liabilities    
Contract liabilities 46 47
Accrued income tax payable 22 24
Other non-current liabilities 101 87
Other liabilities 169 158
Location, Statement of Financial Position, Balance [Axis]: us-gaap:OtherAssetsNoncurrent    
Other Assets    
Costs to obtain contracts $ 5 $ 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.