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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Operating activities:    
Net income (loss) $ 168 $ (380)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:    
Depreciation of property and equipment, including internal-use software and website development 527 538
Amortization of intangible assets 66 77
Impairment of intangible assets 81 0
Amortization of stock-based compensation 280 319
Deferred income taxes 106 (158)
Foreign exchange loss on cash, restricted cash and short-term investments, net 193 76
Realized loss on foreign currency forwards 170 21
Loss on minority equity investments, net 423 7
Gain (loss) on debt extinguishment, net (49) 280
Other, net (26) (33)
Changes in operating assets and liabilities:    
Accounts receivable (748) (781)
Prepaid expenses and other assets 31 (190)
Accounts payable, merchant 202 663
Accounts payable, other, accrued expenses and other liabilities 427 238
Tax payable/receivable, net 6 7
Deferred merchant bookings 1,770 2,787
Deferred revenue (5) (8)
Net cash provided by operating activities 3,622 3,463
Investing activities:    
Capital expenditures, including internal-use software and website development (485) (530)
Purchases of investments (60) (1)
Sales and maturities of investments 200 23
Proceeds from initial exchange of cross-currency interest rate swaps 337 0
Payments for initial exchange of cross-currency interest rate swaps (337) 0
Other, net (169) 2
Net cash used in investing activities (514) (506)
Financing activities:    
Proceeds from issuance of long-term debt, net of issuance costs 0 1,964
Payment of long-term debt (2,141) (1,706)
Debt extinguishment costs (22) (258)
Redemption of preferred stock 0 (618)
Purchases of treasury stock (241) (108)
Payment of preferred stock dividends 0 (50)
Proceeds from exercise of equity awards and employee stock purchase plan 125 421
Other, net 34 4
Net cash used in financing activities (2,245) (351)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents (302) (126)
Net increase in cash, cash equivalents and restricted cash and cash equivalents 561 2,480
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 5,805 4,138
Cash, cash equivalents and restricted cash and cash equivalents at end of period 6,366 6,618
Supplemental cash flow information    
Cash paid for interest 254 298
Income tax payments, net $ 71 $ 15