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SECURITIZATION TRANSACTIONS (Tables) | 3 Months Ended
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Mar. 31, 2024
Securitization Transactions [Abstract] |
Collateralized Debt | The following table summarizes the Company’s collateralized debt under securitization transactions, as of March 31, 2024:
SPEs |  | Collateralized debt as of March 31, 2024 |  | Interest rate |  | Currency |  | Maturity
Mercado Crédito I Brasil Fundo de Investimento Em Direitos Creditórios Não Padronizados |  | $ | 201 |  | CDI + 2.50% |  | Brazilian Reais |  | May 2025
Mercado Crédito Fundo de Investimento Em Direitos Creditórios Não Padronizado |  | 17 |  | CDI + 3.50% |  | Brazilian Reais |  | August 2025
Olimpia Fundo de Investimento Em Direitos Creditórios |  | 104 |  | CDI + 1.25% |  | Brazilian Reais |  | November 2024
Mercado Crédito II Brasil Fundo De Investimento Em Direitos Creditórios Nao Padronizados |  | 185 |  | CDI + 2.35% |  | Brazilian Reais |  | January 2030
Seller Fundo De Investimento Em Direitos Creditórios |  | 208 |  | CDI + 1.60% |  | Brazilian Reais |  | March 2026
Seller Fundo De Investimento Em Direitos Creditórios |  | 105 |  | CDI + 1.80% |  | Brazilian Reais |  | May 2026
Seller Fundo De Investimento Em Direitos Creditórios |  | 42 |  | CDI + 1.40% |  | Brazilian Reais |  | September 2026
Seller Fundo De Investimento Em Direitos Creditórios |  | 21 |  | CDI + 1.60% |  | Brazilian Reais |  | November 2026
Mercado Crédito Consumo XXI |  | 1 |  | Badlar rates plus 200 basis points with a min 80% and a max 120% |  | Argentine Pesos |  | June 2024
Mercado Crédito Consumo XXII |  | 3 |  | Badlar rates plus 200 basis points with a min 80% and a max 120% |  | Argentine Pesos |  | June 2024
Mercado Crédito Consumo XXIII |  | 3 |  | Badlar rates plus 200 basis points with a min 80% and a max 120% |  | Argentine Pesos |  | August 2024
Mercado Crédito Consumo XXIV |  | 8 |  | Badlar rates plus 200 basis points with a min 100% and a max 140% |  | Argentine Pesos |  | October 2024
Mercado Crédito Consumo XXV |  | 9 |  | Badlar rates plus 200 basis points with a min 100% and a max 150% |  | Argentine Pesos |  | November 2024
Mercado Crédito Consumo XXVI |  | 8 |  | Badlar rates plus 200 basis points with a min 100% and a max 160% |  | Argentine Pesos |  | November 2024
Mercado Crédito Consumo XXVII |  | 9 |  | Badlar rates plus 200 basis points with a min 100% and a max 180% |  | Argentine Pesos |  | March 2025
Mercado Crédito Consumo XXVIII |  | 12 |  | Badlar rates plus 200 basis points with a min 100% and a max 190% |  | Argentine Pesos |  | April 2025
Mercado Crédito Consumo XXIX |  | 12 |  | Badlar rates plus 200 basis points with a min 75% and a max 155% |  | Argentine Pesos |  | March 2025
Mercado Crédito Consumo XXX |  | 11 |  | Badlar rates plus 200 basis points with a min 75% and a max 155% |  | Argentine Pesos |  | April 2025
Mercado Crédito Consumo XXXI (1) |  | 15 |  | Badlar rates plus 200 basis points with a min 45% and a max 125% |  | Argentine Pesos |  | March 2025
Mercado Crédito XIX |  | 5 |  | Badlar rates plus 200 basis points with a min 100% and a max 140% |  | Argentine Pesos |  | August 2024
Mercado Crédito XX |  | 6 |  | Badlar rates plus 200 basis points with a min 100% and a max 170% |  | Argentine Pesos |  | December 2024
Mercado Crédito XXI (1) |  | 5 |  | Badlar rates plus 200 basis points with a min 45% and a max 125% |  | Argentine Pesos |  | March 2025
Fideicomiso de administración y fuente de pago CIB/3756 |  | 253 |  | The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 2.35% |  | Mexican Pesos |  | August 2026
SPEs |  | Collateralized debt as of March 31, 2024 |  | Interest rate |  | Currency |  | Maturity
Fideicomiso de administración y fuente de pago CIB/3369 |  | 31 |  | The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 7.0% |  | Mexican Pesos |  | April 2025
Fideicomiso de administración y fuente de pago CIB/3369 |  | 275 |  | The equilibrium interbank interest rate published by Banco de Mexico in the Diario Oficial plus 3.0% |  | Mexican Pesos |  | April 2025
|  | $ | 1,549 |  |  |  |  |  |
(1) As of March 31, 2024, Loans payable owned by this trust were obtained through private placements. Mercado Crédito Consumo XXXI trust made a public bond offering in the Argentine stock market on April 8, 2024. Mercado Crédito XXI trust made a public bond offering in the Argentine stock market on April 11, 2024.
Assets and Liabilities of the Trust | The assets and liabilities of the SPEs are included in the Company’s unaudited interim condensed consolidated financial statements as of March 31, 2024 and December 31, 2023 as follows:
| March 31, 2024 |  | December 31, 2023
Assets | (In millions)
Current assets: |  |  |
Restricted cash and cash equivalents | $ | 312 |  |  | $ | 355 |
Credit card receivables and other means of payments, net | 89 |  |  | 105 |
Loans receivable, net | 1,309 |  |  | 1,198 |
Total current assets | 1,710 |  |  | 1,658 |
Non-current assets: |  |  |
Long-term investments | 23 |  |  | 23 |
Loans receivable, net | 37 |  |  | 27 |
Total non-current assets | 60 |  |  | 50 |
Total assets | $ | 1,770 |  |  | $ | 1,708 |
Liabilities |  |  |
Current liabilities: |  |  |
Loans payable and other financial liabilities | $ | 737 |  |  | $ | 693 |
Other liabilities | 1 |  |  | 1 |
Total current liabilities | 738 |  |  | 694 |
Non-current liabilities: |  |  |
Loans payable and other financial liabilities | 812 |  |  | 782 |
Total non-current liabilities | 812 |  |  | 782 |
Total liabilities | $ | 1,550 |  |  | $ | 1,476 |

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