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UNAUDITED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions
 3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Total revenues $ 3,778 $ 2,695
Operating expenses:    
Marketing expenses 1,517 1,147
Sales and other expenses 542 339
Personnel, including stock-based compensation of $113 and $93, respectively 722 596
General and administrative 289 158
Information technology 137 134
Depreciation and amortization 120 111
Restructuring, disposal, and other exit activities 1 36
Total operating expenses 3,328 2,521
Operating income 450 174
Interest expense (194) (68)
Other income (expense), net 47 (955)
Income (loss) before income taxes 303 (849)
Income tax expense (benefit) 37 (149)
Net income (loss) $ 266 $ (700)
Net income (loss) applicable to common stockholders per basic common share (in dollars per share) $ 7.07 $ (17.10)
Weighted-average number of basic common shares outstanding (in shares) 37,621 40,921
Net income (loss) applicable to common stockholders per diluted common share (in dollars per share) $ 7.00 $ (17.10)
Weighted-average number of diluted common shares outstanding (in shares) 37,983 40,921
Agency revenues    
Total revenues $ 1,782 $ 1,450
Merchant revenues    
Total revenues 1,752 1,050
Advertising and other revenues    
Total revenues $ 244 $ 195