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FAIR VALUE MEASUREMENT OF ASSETS AND LIABILITIES (Tables)
 9 Months Ended
Sep. 30, 2025
Fair Value Disclosures [Abstract]  
Summary of Assets and Liabilities Measured at Fair Value
The following table summarizes the Company’s assets and liabilities measured at fair value on a recurring basis as of September 30, 2025 and December 31, 2024:
Balances as of
September 30, 2025		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, 2024		Quoted Prices in
active markets for
identical Assets
(Level 1)		Significant other
observable inputs
(Level 2)		Unobservable
inputs
(Level 3)
(In millions)
Cash and Cash Equivalents:
Money Market$684 $684 $— $— $572 $572 $— $— 
Foreign government debt securities (1)
— — — — 4 4 — — 
Restricted Cash and Cash Equivalents:      
Money Market (2)
355 355 — — 297 297 — — 
Foreign government debt securities (1)
4 4 — — 469 469 — — 
Investments:       
U.S. government debt securities (1)
1,502 1,502 — — 1,087 1,087 — — 
Foreign government debt securities (1) (3)
2,868 2,868 — — 4,114 4,114 — — 
Corporate debt securities293 293 — — 262 262 — — 
Other Assets:
Derivative Instruments39 — 39 — 58 — 58 — 
Intangible assets at fair value78 78 — — 49 49 — — 
Total Assets$5,823 $5,784 $39 $— $6,912 $6,854 $58 $— 
Salaries and social security payable:
Long-term retention program$151 $— $151 $— $163 $— $163 $— 
Other Liabilities:       
Meli Dólar liability (1)
60 — 60 — 31 — 31 — 
Derivative Instruments129 — 129 — 31 — 31 — 
Contingent consideration4 — — 4 4 — — 4 
Total Liabilities$344 $— $340 $4 $229 $— $225 $4 
(1) Measured at fair value with impact on the statement of income for the application of the fair value option. (See Note 2 – Summary of significant accounting policies – Fair value option applied to certain financial instruments).
(2) As of September 30, 2025 and December 31, 2024, includes $289 million and $283 million, respectively, of money market funds from securitization transactions. (See Note 4 – Cash, cash equivalents, restricted cash and cash equivalents and investments).
(3) As of September 30, 2025 and December 31, 2024, includes $8 million and $12 million, respectively, of investments from securitization transactions. (See Note 4 – Cash, cash equivalents, restricted cash and cash equivalents and investments).
Summary of Debt Securities Classified as Available for Sale
The following table summarizes the net carrying amount of the corporate debt securities classified as available for sale, classified by its contractual maturities:
September 30, 2025December 31, 2024
(In millions)
One year or less$65 $87 
One year to two years46 45 
Two years to three years76 21 
Three years to four years85 63 
Four years to five years21 46 
Total available for sale investments$293 $262 
Summary of Debt Securities Classified as Held to Maturity
The following table summarizes the net carrying amount of the debt securities not classified as available for sale (U.S. and foreign government debt securities), classified by its contractual maturities or Management’s expectation to convert the investments into cash:
September 30, 2025December 31, 2024
(In millions)
One year or less$3,338 $4,711 
One year to two years361 475 
Two years to three years115 152 
Three years to four years377 231 
Four years to five years85 104 
More than five years98 1 
Total debt securities not classified as available for sale
$4,374 $5,674 
Summary of Estimated Fair Value Level of Financial Assets and Liabilities
The following table summarizes the estimated fair value of the financial assets and liabilities of the Company not measured at fair value as of September 30, 2025 and December 31, 2024:
Balances as of
September 30, 2025		Estimated fair value as of
September 30, 2025		Balances as of
December 31, 2024		Estimated fair value as of
December 31, 2024
(In millions)
Cash and cash equivalents$1,898 $1,898 $2,059 $2,059 
Restricted cash and cash equivalents6,258 6,258 1,298 1,298 
Investments316 316 160 160 
Accounts receivables, net298 298 255 255 
Credit card receivables and other means of payment, net6,648 6,648 5,288 5,288 
Loans receivable, net8,192 8,054 4,895 4,840 
Other assets201 201 114 114 
Total Assets$23,811 $23,673 $14,069 $14,014 
Accounts payable and accrued expenses$4,053 $4,053 $3,196 $3,196 
Funds payable to customers10,567 10,567 6,954 6,954 
Amounts payable due to credit and debit card transactions3,059 3,059 1,964 1,964 
Salaries and social security payable689 689 564 564 
Loans payable and other financial liabilities7,728 7,687 5,593 5,499 
Other liabilities4 4 356 356 
Total Liabilities$26,100 $26,059 $18,627 $18,533