CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2025	Jun. 30, 2024
Operating activities:
Net income	$ 125	$ 239
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment, including internal-use software and website development	420	385
Amortization of intangible assets	22	30
Amortization of stock-based compensation	203	218
Deferred income taxes	1	39
Foreign exchange (gain) loss on cash, restricted cash and short-term investments, net	(137)	44
Realized (gain) loss on foreign currency forwards, net	(160)	55
(Gain) loss on minority equity investments, net	258	(47)
Other, net	43	38
Changes in operating assets and liabilities:
Accounts receivable	(1,759)	(1,361)
Prepaid expenses and other assets	(250)	(180)
Accounts payable, merchant	119	165
Accounts payable, other, accrued expenses and other liabilities	296	403
Tax payable/receivable, net	(6)	(8)
Deferred merchant bookings	4,898	4,360
Net cash provided by operating activities	4,073	4,380
Investing activities:
Capital expenditures, including internal-use software and website development	(396)	(371)
Purchases of investments	(428)	(69)
Sales and maturities of investments	441	43
Other, net	163	(52)
Net cash used in investing activities	(220)	(449)
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	(1,072)	(1,172)
Payment of dividends to stockholders	(102)	0
Proceeds from exercise of equity awards and employee stock purchase plan	25	48
Other, net	28	(25)
Net cash used in financing activities	(1,180)	(1,149)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	208	(81)
Net increase in cash, cash equivalents and restricted cash and cash equivalents	2,881	2,701
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	8,455	8,362
Supplemental cash flow information
Cash paid for interest	100	116
Income tax payments, net	$ 86	$ 57