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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Income Statement [Abstract]        
Net revenues $ 2,572 $ 2,540 $ 5,128 $ 5,050
Cost of net revenues 735 718 1,435 1,418
Gross profit 1,837 1,822 3,693 3,632
Operating expenses:        
Sales and marketing 577 566 1,118 1,077
Product development 379 392 730 744
General and administrative 241 251 479 548
Provision for transaction losses 86 90 177 174
Amortization of acquired intangible assets 5 5 9 13
Total operating expenses 1,288 1,304 2,513 2,556
Income from operations 549 518 1,180 1,076
Loss on equity investments and warrant, net (222) (214) (319) (16)
Interest expense (65) (65) (131) (133)
Interest income and other, net 66 46 134 88
Income from continuing operations before income taxes 328 285 864 1,015
Income tax provision (102) (113) (199) (274)
Income from continuing operations 226 172 665 741
Loss from discontinued operations, net of income taxes (2) (1) (3) (3)
Net income $ 224 $ 171 $ 662 $ 738
Income per share - basic:        
Continuing operations (in usd per share) $ 0.45 $ 0.32 $ 1.31 $ 1.38
Discontinued operations (in usd per share) 0 0 (0.01) (0.01)
Net income per share - basic (in usd per share) 0.45 0.32 1.30 1.37
Income per share - diluted:        
Continuing operations (in usd per share) 0.45 0.32 1.30 1.37
Discontinued operations (in usd per share) 0 0 (0.01) (0.01)
Net income per share - diluted (in usd per share) $ 0.45 $ 0.32 $ 1.29 $ 1.36
Weighted-average shares:        
Basic (in shares) 503 534 509 536
Diluted (in shares) 507 537 513 539