CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Operating activities:
Net loss	$ (197)	$ (136)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation of property and equipment, including internal-use software and website development	208	195
Amortization of intangible assets	11	15
Amortization of stock-based compensation	98	104
Deferred income taxes	(46)	(38)
Foreign exchange (gain) loss on cash, restricted cash and short-term investments, net	(37)	30
Realized (gain) loss on foreign currency forwards, net	(20)	41
Loss on minority equity investments, net	156	9
Other, net	9	10
Changes in operating assets and liabilities:
Accounts receivable	(1,241)	(974)
Prepaid expenses and other assets	(221)	(171)
Accounts payable, merchant	(219)	(93)
Accounts payable, other, accrued expenses and other liabilities	85	219
Tax payable/receivable, net	(31)	(1)
Deferred merchant bookings	4,397	3,669
Net cash provided by operating activities	2,952	2,879
Investing activities:
Capital expenditures, including internal-use software and website development	(196)	(177)
Purchases of investments	(329)	(69)
Sales and maturities of investments	118	43
Other, net	23	(37)
Net cash used in investing activities	(384)	(240)
Financing activities:
Proceeds from issuance of long-term debt, net of issuance costs	985	0
Payment of long-term debt	(1,044)	0
Purchases of treasury stock	(384)	(643)
Payment of dividends to stockholders	(51)	0
Proceeds from exercise of equity awards and employee stock purchase plan	25	32
Other, net	0	(20)
Net cash used in financing activities	(469)	(631)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	61	(47)
Net increase in cash, cash equivalents and restricted cash and cash equivalents	2,160	1,961
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period	5,574	5,661
Cash, cash equivalents and restricted cash and cash equivalents at end of period	7,734	7,622
Supplemental cash flow information
Cash paid for interest	99	82
Income tax payments, net	$ 47	$ 26