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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Operating activities:    
Net income $ 552 $ 168
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation of property and equipment, including internal-use software and website development 555 527
Amortization of intangible assets 44 66
Impairment of goodwill and intangible assets 312 81
Amortization of stock-based compensation 314 280
Deferred income taxes 49 106
Foreign exchange loss on cash, restricted cash and short-term investments, net 32 193
Realized loss on foreign currency forwards, net 35 170
Loss on minority equity investments, net 73 423
Gain on debt extinguishment, net 0 (49)
Other, net 34 (26)
Changes in operating assets and liabilities:    
Accounts receivable (704) (748)
Prepaid expenses and other assets 43 31
Accounts payable, merchant 178 202
Accounts payable, other, accrued expenses and other liabilities 223 422
Tax payable/receivable, net (55) 6
Deferred merchant bookings 1,243 1,770
Net cash provided by operating activities 2,928 3,622 Close
Investing activities:    
Capital expenditures, including internal-use software and website development (669) (485)
Purchases of investments 0 (60)
Sales and maturities of investments 49 200
Proceeds from initial exchange of cross-currency interest rate swaps 0 337
Payments for initial exchange of cross-currency interest rate swaps 0 (337)
Other, net (15) (169)
Net cash used in investing activities (635) (514) Close
Financing activities:    
Payment of long-term debt 0 (2,141)
Debt extinguishment costs 0 (22)
Purchases of treasury stock (1,669) (241)
Proceeds from exercise of equity awards and employee stock purchase plan 53 125
Other, net 17 34
Net cash used in financing activities (1,599) (2,245) Close
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents (53) (302) Close
Net increase in cash, cash equivalents and restricted cash and cash equivalents 641 561 Close
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period 5,851 5,805
Cash, cash equivalents and restricted cash and cash equivalents at end of period 6,492 6,366
Supplemental cash flow information    
Cash paid for interest 197 254
Income tax payments, net $ 228 $ 71