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Fair Value Measurement Of Assets And Liabilities (Tables)

9 Months Ended

Sep. 30, 2022

Fair Value Measurement Of Assets And Liabilities [Abstract]

Financial Assets And Liabilities Measured At Fair Value On Recurring Basis

				Quoted Prices in								Quoted Prices in
		Balances as of		active markets for		Significant other		Unobservable		Balances as of		active markets for		Significant other		Unobservable
		September 30,		identical Assets		observable inputs		inputs		December 31,		identical Assets		observable inputs		inputs
Description		2022		(Level 1)		(Level 2)		(Level 3)		2021		(Level 1)		(Level 2)		(Level 3)
		(In millions)
Assets
Cash and Cash Equivalents:
Money market		$                                         492		$                                                 492		$                                 —		$                                 —		$                           1,079		$                           1,079		$                                 —		$                                 —
Foreign government debt securities (1)		—		—		—		—		16		16		—		—
Restricted Cash and cash equivalents:
Money market		349		349		—		—		210		210		—		—
Foreign government debt securities (Central Bank of Brazil Mandatory Guarantee) (1)		—		—		—		—		296		296		—		—
Investments:
Foreign government debt securities (Central Bank of Brazil Mandatory Guarantee) (1)		1,013		1,013		—		—		602		602		—		—
U.S. government debt securities (1)		708		708		—		—		150		150		—		—
Foreign government debt securities (1) (2)		88		88		—		—		78		78		—		—
Corporate debt securities		15		15		—		—		—		—		—		—
Other Assets:
Derivative instruments		3		—		3		—		17		—		—		17
USDC		4		4		—		—		—		—		—		—
Customer crypto-assets safeguarding assets		15		—		15		—		—		—		—		—
Total Assets		$                                      2,687		$                                              2,669		$                                18		$                                 —		$                           2,448		$                           2,431		$                                 —		$                                17
Liabilities:
Salaries and social security payable:
Long-term retention plan		$                                           44		$                                                   —		$                                44		$                                 —		$                               103		$                                 —		$                               103		$                                 —
Other Liabilities:
Contingent considerations		9		—		—		9		9		—		—		9
Derivative instruments		30		—		30		—		6		—		—		6
Customer crypto-assets safeguarding liabilities		15		—		15		—		—		—		—		—
Total Liabilities		$                                           98		$                                                   —		$                                89		$                                   9		$                               118		$                                 —		$                               103		$                                15

(1)Measured at fair value with impact on the consolidated statement of income for the application of the fair value option. (See Note 2 – Fair value option applied to certain financial instruments.)

(2)As of September 30, 2022 and December 31, 2021 includes $15 million and $13 million, respectively, of investments from securitization transactions that are restricted to the payment of amounts due to third-party investors. (See Note 4 - Cash, cash equivalents, restricted cash and cash equivalents and investments.)

Summary Of Reconciliation Of Financial Liabilities Valuated At Fair Value

	Nine Months Ended September 30, 2022
	Derivative Instruments, net			Contingent Considerations
Balance, beginning of the period	$	11		$	(9)
Net Additions		3			—
Settlements		7			—
Foreign Currency Translation		(5)			—
Gain (Losses) in Other Comprehensive Income		(15)			—
Gain (Losses) on Income Statement		(28)			—
Transfers out of level 3		27			—
Balance, end of the period	$	—		$	(9)

	Year Ended December 31, 2021
	Derivative Instruments, net			Contingent Considerations
Balance, beginning of the year	$	(14)		$	(5)
Net Additions		3			(4)
Settlements		14			—
Foreign Currency Translation		(3)			—
Gain (Losses) in Other Comprehensive Income		11			—
Gain (Losses) on Income Statement		—			—
Transfers out of level 3		—			—
Balance, end of the year	$	11		$	(9)

Fair Value Of Financial Assets And Liabilities Measured At Amortized Cost

		Balances as of		Estimated fair value as of		Balances as of		Estimated fair value as of
		September 30,		September 30,		December 31,		December 31,
		2022		2022		2021		2021
		(In millions)
Assets
Cash and cash equivalents		$                               963		$                                       963		$                    1,490		$                    1,490
Restricted cash and cash equivalents		724		724		557		557
Investments		438		438		16		16
Accounts receivable, net		108		108		98		98
Credit Card receivables and other means of payment, net		2,550		2,550		1,839		1,839
Loans receivable, net		1,766		1,848		1,260		1,260
Total Assets		$                            6,549		$                                    6,631		$                    5,260		$                    5,260
Liabilities
Accounts payable and accrued expenses		$                            1,155		$                                    1,155		$                    1,036		$                    1,036
Funds payable to customers		2,558		2,558		2,393		2,393
Amounts payable due to credit and debit card transactions		422		422		341		341
Salaries and social security payable		306		306		230		230
Loans payable and other financial liabilities (*)		4,689		4,311		3,518		3,534
Other liabilities		139		139		117		117
Total Liabilities		$                            9,269		$                                    8,891		$                    7,635		$                    7,651

(*) The fair value of the 2028 Notes (including the conversion option) is disclosed in Note 11.

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Schedule of company's financial assets and liabilities.

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Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (b)
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-Publisher FASB
-Name Accounting Standards Codification
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Tabular disclosure of financial instrument classified as a derivative asset (liability) after deduction of derivative liability (asset) using recurring unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.

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-Publisher FASB
-Name Accounting Standards Codification
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