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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,466 $ 2,315
Short-term investments 1,896 514
Accounts receivable, net of allowance for doubtful accounts 72 77
Mortgage loans held for sale 41 107
Prepaid expenses and other current assets 126 140
Restricted cash 2 1
Current assets of discontinued operations 0 4,526
Total current assets 3,603 7,680
Contract cost assets 23 35
Property and equipment, net 271 215
Right of use assets 126 130
Goodwill 2,374 2,374
Intangible assets, net 154 176
Other assets 12 3
Noncurrent assets of discontinued operations 0 82
Total assets 6,563 10,695
Current liabilities:    
Accounts payable 20 11
Accrued expenses and other current liabilities 90 89
Accrued compensation and benefits 48 61
Borrowings under credit facilities 37 113
Deferred revenue 44 51
Lease liabilities, current portion 31 24
Current liabilities of discontinued operations 0 3,533
Total current liabilities 270 3,882
Lease liabilities, net of current portion 139 148
Convertible senior notes 1,660 1,319
Other long-term liabilities 12 5
Total liabilities 2,081 5,354
Commitments and contingencies (Note 18)
Shareholders’ equity:    
Preferred stock, $0.0001 par value; authorized — 30,000,000 shares; no shares issued and outstanding 0 0
Additional paid-in capital 6,109 7,001
Accumulated other comprehensive income (loss) (15) 7
Accumulated deficit (1,612) (1,667)
Total shareholders’ equity 4,482 5,341
Total liabilities and shareholders’ equity 6,563 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