XML 16 R5.htm IDEA: XBRL DOCUMENT v3.5.0.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets:    
Cash and cash equivalents (Note 5) $ 766 $ 614
Short-term marketable securities (Note 5) 87 47
Accounts receivable, net of allowance for doubtful accounts of $6 and $6, respectively 230 180
Prepaid expenses and other current assets 24 24
Total current assets 1,107 865
Long-term marketable securities (Note 5) 38 37
Property and equipment, net of accumulated depreciation of $120 and $88, respectively 256 247
Intangible assets, net of accumulated amortization of $68 and $52, respectively 169 176
Goodwill 733 732
Other long-term assets 82 71
TOTAL ASSETS 2,385 2,128
Current liabilities:    
Accounts payable 25 10
Deferred merchant payables 288 105
Deferred revenue 97 64
Current portion of debt (Note 6) 1 1
Taxes payable 11 9
Accrued expenses and other current liabilities (Note 8) 153 123
Total current liabilities 575 312
Deferred income taxes, net 18 15
Other long-term liabilities 196 189
Long-term debt (Note 6) 91 200
Total Liabilities 880 716
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0
Additional paid-in capital 783 741
Retained earnings 888 826
Accumulated other comprehensive income (loss) (62) (63)
Treasury stock-common stock, at cost, 1,601,268 and 1,393,131 shares, respectively (104) (92)
Total Stockholders’ Equity 1,505 1,412
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,385 $ 2,128