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Fair Value Measurement Of Assets And Liabilities (Tables) | 12 Months Ended
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Dec. 31, 2022
Fair Value Disclosures [Abstract] |
Financial Assets And Liabilities Measured At Fair Value On Recurring Basis | The following table summarizes the Company’s assets and liabilities measured at fair value on a recurring basis as of December 31, 2022 and 2021:
Description |  | Balances as of December 31, 2022 |  | Quoted Prices in active markets for identical Assets (Level 1) |  | Significant other observable inputs (Level 2) |  | Unobservable inputs (Level 3) |  | Balances as of December 31, 2021 |  | Quoted Prices in active markets for identical Assets (Level 1) |  | Significant other observable inputs (Level 2) |  | Unobservable inputs (Level 3)
|  | (In millions)
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Cash and Cash Equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money Market |  | $ | 599 |  |  | $ | 599 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,079 |  |  | $ | 1,079 |  |  | $ | — |  |  | $ | — |
U.S. government debt securities (1) |  | 21 |  |  | 21 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Foreign government debt securities (1) |  | — |  |  | — |  |  | — |  |  | — |  |  | 16 |  |  | 16 |  |  | — |  |  | — |
Restricted Cash and Cash Equivalents: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Money Market |  | 352 |  |  | 352 |  |  | — |  |  | — |  |  | 210 |  |  | 210 |  |  | — |  |  | — |
Foreign government debt securities (Central Bank of Brazil Mandatory Guarantee) (1) |  | 158 |  |  | 158 |  |  | — |  |  | — |  |  | 296 |  |  | 296 |  |  | — |  |  | — |
Investments: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government debt securities (1) |  | 733 |  |  | 733 |  |  | — |  |  | — |  |  | 150 |  |  | 150 |  |  | — |  |  | — |
Foreign government debt securities (Central Bank of Brazil Mandatory Guarantee) (1) |  | 1,219 |  |  | 1,219 |  |  | — |  |  | — |  |  | 602 |  |  | 602 |  |  | — |  |  | — |
Foreign government debt securities (1) (2) |  | 214 |  |  | 214 |  |  | — |  |  | — |  |  | 78 |  |  | 78 |  |  | — |  |  | — |
Other Assets: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Derivative Instruments |  | 1 |  |  | — |  |  | 1 |  |  | — |  |  | 17 |  |  | — |  |  | — |  |  | 17 |
USDC |  | 3 |  |  | 3 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Customer crypto-assets safeguarding assets |  | 15 |  |  | — |  |  | 15 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total Assets |  | $ | 3,315 |  |  | $ | 3,299 |  |  | $ | 16 |  |  | $ | — |  |  | $ | 2,448 |  |  | $ | 2,431 |  |  | $ | — |  |  | $ | 17 |
Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Long-term retention plan |  | $ | 58 |  |  | $ | — |  |  | $ | 58 |  |  | $ | — |  |  | $ | 103 |  |  | $ | — |  |  | $ | 103 |  |  | $ | — |
Other Liabilities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Contingent considerations |  | 8 |  |  | — |  |  | — |  |  | 8 |  |  | 9 |  |  | — |  |  | — |  |  | 9 |
Derivative Instruments |  | 24 |  |  | — |  |  | 24 |  |  | — |  |  | 6 |  |  | — |  |  | — |  |  | 6 |
Customer crypto-assets safeguarding liabilities |  | 15 |  |  | — |  |  | 15 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Total Liabilities |  | $ | 105 |  |  | $ | — |  |  | $ | 97 |  |  | $ | 8 |  |  | $ | 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 December 31, 2022 and 2021 includes $21 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 5 - Cash, cash equivalents, restricted cash and cash equivalents and investments.)
Fair Value, Net Derivative Asset (Liability) Measured on Recurring Basis, Unobservable Input Reconciliation | The following tables summarize the reconciliation of the financial assets and liabilities measured at fair value using Level 3 inputs as of December 31, 2022 and 2021:
| Year Ended December 31, 2022
| Derivative Instruments, net |  | Contingent Considerations
| (In millions)
Balance, beginning of the year | $ | 11 |  |  | $ | (9) |
Net Additions | 3 |  |  | — |
Settlements | 7 |  |  | 1 |
Foreign Currency Translation | (5) |  |  | — |
Losses in Other Comprehensive Income | (15) |  |  | — |
Losses in Income Statement | (28) |  |  | — |
Transfers out of level 3 | 27 |  |  | — |
Balance, end of the year | $ | — |  |  | $ | (8) |
| Year Ended December 31, 2021
| Derivative Instruments, net |  | Contingent Considerations
| (In millions)
Balance, beginning of the year | $ | (14) |  |  | $ | (5) |
Net Additions | 3 |  |  | (4) |
Settlements | 14 |  |  | — |
Foreign Currency Translation | (3) |  |  | — |
Gains in Other Comprehensive Income | 11 |  |  | — |
Balance, end of the year | $ | 11 |  |  | $ | (9) |
Fair Value Of Financial Assets And Liabilities Measured At Amortized Cost | The following table summarizes the estimated fair value level for the remaining financial assets and liabilities of the Company not measured at fair value as of December 31, 2022 and 2021:
| Balances as of December 31, 2022 |  | Estimated fair value as of December 31, 2022 |  | Balances as of December 31, 2021 |  | Estimated fair value as of December 31, 2021
| (In millions)
Assets |  |  |  |  |  |  |
Time Deposits | $ | 439 |  |  | $ | 439 |  |  | $ | 16 |  |  | $ | 16 |
Accounts receivables, net | 130 |  |  | 130 |  |  | 98 |  |  | 98 |
Credit Card receivables and other means of payment, net | 2,946 |  |  | 2,946 |  |  | 1,839 |  |  | 1,839 |
Loans receivable, net | 1,736 |  |  | 1,761 |  |  | 1,260 |  |  | 1,260 |
Other assets | 273 |  |  | 273 |  |  | 457 |  |  | 457 |
Total Assets | $ | 5,524 |  |  | $ | 5,549 |  |  | $ | 3,670 |  |  | $ | 3,670 |
Liabilities |  |  |  |  |  |  |
Accounts payable and accrued expenses | $ | 1,393 |  |  | $ | 1,393 |  |  | $ | 1,036 |  |  | $ | 1,036 |
Funds payable to customers | 3,454 |  |  | 3,454 |  |  | 2,393 |  |  | 2,393 |
Amounts payable due to credit and debit card transactions | 488 |  |  | 488 |  |  | 341 |  |  | 341 |
Salaries and social security payable | 349 |  |  | 349 |  |  | 230 |  |  | 230 |
Taxes payable | 414 |  |  | 414 |  |  | 291 |  |  | 291 |
Loans payable and other financial liabilities (*) | 4,758 |  |  | 4,997 |  |  | 3,518 |  |  | 3,534 |
Other liabilities | 186 |  |  | 186 |  |  | 117 |  |  | 117 |
Total Liabilities | $ | 11,042 |  |  | $ | 11,281 |  |  | $ | 7,926 |  |  | $ | 7,942 |
(*) Includes the fair value of the liability component of the 2028 Notes as of December 31, 2021 of $331 million.

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- Definition 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) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126976982&loc=d3e19207-110258 + Details
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