XML 50 R37.htm IDEA: XBRL DOCUMENT v3.25.1

DERIVATIVE INSTRUMENTS (Tables)

3 Months Ended

Mar. 31, 2025

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Notional Amounts

The following table presents the notional amounts of the Company’s outstanding derivative instruments:

			Notional Amount as of
			March 31, 2025						December 31, 2024
			(In millions)
Designated as hedging instrument
Foreign exchange contracts			$	361					$	85
Cross currency swap contracts			482						400
Future contracts			152						86
Not designated as hedging instrument
Interest rate swap contracts			$	111					$	103

Summary of Outstanding Derivative Instruments

The fair values of the Company’s outstanding derivative instruments as of March 31, 2025 and December 31, 2024 were as follows:

Derivative instruments			Balance sheet location						March 31,						December 31,
									2025						2024
									(In millions)
Foreign exchange contracts designated as cash flow hedges			Other current assets						$	1					$	6
Interest rate swap contracts not designated as hedging instruments			Other current assets						10						9
Cross currency swap contracts designated as fair value hedge			Other current assets						—						23
Interest rate swap contracts not designated as hedging instruments			Other non-current assets						20						20
Cross currency swap contracts designated as fair value hedge			Other current liabilities						8						2
Interest rate swap contracts not designated as hedging instruments			Other current liabilities						17						15
Foreign exchange contracts designated as cash flow hedges			Other current liabilities						5						—
Interest rate swap contracts not designated as hedging instruments			Other non-current liabilities						14						14

Effect of Derivative Contracts on Comprehensive Income

The effects of derivative contracts on the interim condensed consolidated statement of comprehensive income for the three-month periods ended March 31, 2025 and 2024 were as follows:

			December 31, 2024						Amount of loss recognized in other comprehensive income						Amount of gain reclassified from accumulated other comprehensive loss						March 31, 2025
			(In millions)
Foreign exchange contracts designated as cash flow hedges			$	5					$	(8)					$	(1)					$	(4)
			$	5					$	(8)					$	(1)					$	(4)

			December 31, 2023						Amount of gain recognized in other comprehensive loss						Amount of loss reclassified from accumulated other comprehensive loss						March 31, 2024
			(In millions)
Foreign exchange contracts designated as cash flow hedges			$	(4)					$	2					$	1					$	(1)
Cross currency swap contracts designated as net investment hedge			(3)						—						2						(1)
			$	(7)					$	2					$	3					$	(2)

Effect of Derivative Contracts on Income Statement

The effects of derivative contracts not designated as hedging instruments on the interim condensed consolidated statements of income for the three-month periods ended March 31, 2025 and 2024 were as follows:

						Three Months Ended March 31,
						2025						2024
						(In millions)
Interest rate contracts not designated as hedging instruments recognized in Interest expense and other financial losses						$	1					$	(2)
						$	1					$	(2)

X

- Definition

Schedule Of Derivative Instruments, Effect On Comprehensive Income

+ References

No definition available.

+ Details

Name:	meli_ScheduleOfDerivativeInstrumentsEffectOnComprehensiveIncomeTableTextBlock
Namespace Prefix:	meli_
Data Type:	dtr-types1:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-SubTopic 10
-Topic 815
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1B

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-8

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4B

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-5

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-4C

+ Details

Name:	us-gaap_ScheduleOfDerivativeInstrumentsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the notional amounts of outstanding derivative positions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-Subparagraph (d)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147480434/815-10-50-1A

+ Details

Name:	us-gaap_ScheduleOfNotionalAmountsOfOutstandingDerivativePositionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration