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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,973 $ 2,315
Short-term investments 1,516 514
Accounts receivable, net of allowance for doubtful accounts of $4 and $4, respectively 78 77
Mortgage loans held for sale 49 107
Prepaid expenses and other current assets 153 140
Restricted cash 2 1
Current assets of discontinued operations 0 4,526
Total current assets 3,771 7,680
Contract cost assets 25 35
Property and equipment, net 261 215
Right of use assets 127 130
Goodwill 2,374 2,374
Intangible assets, net 149 176
Other assets 11 3
Noncurrent assets of discontinued operations 0 82
Total assets 6,718 10,695
Current liabilities:    
Accounts payable 19 11
Accrued expenses and other current liabilities 112 89
Accrued compensation and benefits 56 61
Borrowings under credit facilities 45 113
Deferred revenue 50 51
Lease liabilities, current portion 30 24
Current liabilities of discontinued operations 0 3,533
Total current liabilities 312 3,882
Lease liabilities, net of current portion 141 148
Convertible senior notes 1,659 1,319
Other long-term liabilities 11 5
Total liabilities 2,123 5,354
Commitments and contingencies (Note 16)
Shareholders’ equity:    
Preferred stock, $0.0001 par value; authorized — 30,000,000 shares; no shares issued and outstanding 0 0
Additional paid-in capital 6,154 7,001
Accumulated other comprehensive income (loss) (19) 7
Accumulated deficit (1,540) (1,667)
Total shareholders’ equity 4,595 5,341
Total liabilities and shareholders’ equity 6,718 10,695
Class A common stock    
Shareholders’ equity:    
Common stock/capital stock 0 0
Class B Common Stock    
Shareholders’ equity:    
Common stock/capital stock 0 0
Class C capital stock    
Shareholders’ equity:    
Common stock/capital stock $ 0 $ 0