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Supplemental Consolidated Financial Information
 6 Months Ended
Jun. 30, 2024
Balance Sheet Components [Abstract]  
Supplemental Consolidated Financial Information Supplemental Consolidated Financial Information
Contract Balances

Timing of revenue recognition may differ from the timing of invoicing to customers. Accounts receivable represents amounts invoiced and revenue recognized prior to invoicing when we have satisfied our performance obligation and have the unconditional right to payment. The allowance for doubtful accounts and authorized credits is estimated based upon our assessment of various factors including historical experience, the age of the accounts receivable balances, current economic conditions reasonable and supportable forecasts, and other factors that may affect our customers’ ability to pay. The allowance for doubtful accounts and authorized credits was $45 million and $49 million as of June 30, 2024 and December 31, 2023, respectively. As of June 30, 2024, we reported an allowance for doubtful accounts of $22 million, reflecting a decrease of $1 million, net of write-offs of $11 million for the six months ended June 30, 2024. As of June 30, 2024, we reported an allowance for authorized credits of $23 million, reflecting a decrease of $3 million, net of write-offs of $5 million for the six months ended June 30, 2024. As of December 31, 2023, we reported an allowance for doubtful accounts of $23 million and an allowance for authorized credits of $26 million.

Deferred revenue consists of fees received related to unsatisfied performance obligations at the end of the period. Due to the generally short-term duration of contracts, the majority of the performance obligations are satisfied in the following reporting period. The amount of revenue recognized for the six months ended June 30, 2024 that was included in the deferred revenue balance at the beginning of the period was $30 million. The amount of revenue recognized for the six months ended June 30, 2023 that was included in the deferred revenue balance at the beginning of the period was $31 million.

Customer accounts and funds receivable
June 30,
2024		December 31,
2023
(In millions)
Customer accounts$478 $481 
Funds receivable593 532 
Customer accounts and funds receivable$1,071 $1,013 

Other current assets
June 30,
2024		December 31,
2023
(In millions)
Warrant
$339 $364 
Prepaid expenses136 116 
Restricted cash
112 23 
Income and other tax receivable89 99 
Accounts receivable, net96 94 
Short-term derivative assets28 23 
Other232 292 
Other current assets$1,032 $1,011 
Accrued expenses and other current liabilities
June 30,
2024		December 31,
2023
(In millions)
Accrued sales and use tax and VAT
$478 $424 
Compensation and related benefits351 581 
Accrued marketing expenses
209 181 
Operating lease liabilities120 118 
Transaction loss reserve119 125 
Aurelia option
109 — 
Accrued general and administrative expenses
74 79 
Accrued legal matters
67 132 
Accrued interest expense56 56 
Deferred revenue33 34 
Accrued restructuring
27 102 
Other361 364 
Accrued expenses and other current liabilities$2,004 $2,196 

Loss on equity investments and warrant, net
Three Months Ended
June 30,		Six Months Ended
June 30,
2024202320242023
(In millions)
Unrealized change in fair value of equity investment in Adevinta$— $(210)$(234)$(36)
Realized change in fair value of shares sold in Adevinta
84 — 78 — 
Unrealized change in fair value of equity investment in Gmarket
(22)(29)(28)(40)
Unrealized change in fair value of equity investment in KakaoBank— (4)— (7)
Change in fair value of warrant(174)31 (25)69 
Fair value of Aurelia option
(109)— (109)— 
Loss on other investments
(1)(2)(1)(2)
Total loss on equity investments and warrant, net$(222)$(214)$(319)$(16)

Interest income and other, net
 Three Months Ended
June 30,		Six Months Ended
June 30,
 2024202320242023
(In millions)
Interest income$63 $48 $124 $90 
Foreign exchange and other3 (2)10 (2)
Total interest income and other, net
$66 $46 $134 $88