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Supplemental Consolidated Financial Information (Tables)
3 Months Ended
Mar. 31, 2025
Balance Sheet Components [Abstract]  
Schedule of Allowance for Doubtful Accounts and Authorized Credits
The following table presents allowance for doubtful accounts and authorized credits activity for the period indicated (in millions):
 December 31,
2024
Charged/Credited to Net Income
Charges Utilized/Write-offs
 March 31,
2025
Allowance for doubtful accounts
$13 $$(2)$17 
Allowance for authorized credits
$24 $$— $26 
Schedule of Customer Accounts and Funds Receivable
Customer accounts and funds receivable
March 31,
2025
December 31,
2024
(In millions)
Customer accounts (1)
$997 $763 
Funds receivable290 199 
Customer accounts and funds receivable$1,287 $962 
(1)As of March 31, 2025, “Customer accounts and funds receivable” in our condensed consolidated balance sheet includes $30 million of fixed-income investments with original maturities greater than three months when purchased, which are disclosed as “Short-term investments” in these notes to the condensed consolidated financial statements.
Schedule of Other Current Assets
Other current assets
March 31,
2025
December 31,
2024
(In millions)
Restricted cash
$156 $88 
Prepaid expenses139 136 
Income and other tax receivable115 115 
Accounts receivable, net108 108 
Short-term derivative assets40 68 
Other236 200 
Other current assets$794 $715 
Schedule of Accrued Expenses and Other Current Liabilities
Accrued expenses and other current liabilities
March 31,
2025
December 31,
2024
(In millions)
Accrued sales and use tax and VAT
$542 $515 
Compensation and related benefits382 498 
Accrued marketing expenses241 222 
Other current tax liabilities
176 173 
Operating lease liabilities131 118 
Transaction loss reserve103 118 
Accrued general and administrative expenses
71 68 
Accrued interest expense69 45 
Deferred revenue40 32 
Other462 395 
Accrued expenses and other current liabilities$2,217 $2,184 
Schedule of Loss on Equity Method Investments and Warrants
Loss on equity investments and warrant, net
Three Months Ended
March 31,
20252024
(In millions)
Unrealized change in fair value of equity investment in Adevinta$— $(234)
Unrealized change in fair value of equity investment in Gmarket
— (6)
Change in fair value of warrant— 149 
Loss on other investments
(2)(6)
Total loss on equity investments and warrant, net$(2)$(97)
Schedule of Interest and Other, Net
Interest income and other, net
 Three Months Ended
March 31,
 20252024
(In millions)
Interest income$77 $61 
Foreign exchange and other
Total interest income and other, net
$81 $68