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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents (Note 7) $ 655 $ 673
Short-term marketable securities (Note 7) 15 35
Accounts receivable and contract assets, net of allowance for doubtful accounts of $21 and $16, respectively (Note 2, Note 4) 212 230
Income taxes receivable (Note 11)   30
Prepaid expenses and other current assets 33 25
Total current assets 915 993
Long-term marketable securities (Note 7)   27
Property and equipment, net (Note 8) 253 263
Intangible assets, net (Note 9) 118 142
Goodwill (Note 9) 756 758
Deferred income taxes, net (Note 11) 27 16
Other long-term assets 98 73
TOTAL ASSETS 2,167 2,272
Current liabilities:    
Accounts payable 15 8
Deferred merchant payables (Note 2) 164 156
Deferred revenue (Note 4) 63 60
Accrued expenses and other current liabilities (Note 12) 151 148
Total current liabilities 393 372
Long-term debt (Note 10)   230
Deferred income taxes, net (Note 11) 21 14
Other long-term liabilities (Note 13) 282 293
Total Liabilities 696 909
Commitments and contingencies (Note 14)
Stockholders’ equity: (Note 16)    
Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0
Additional paid-in capital 1,037 926
Retained earnings 1,043 926
Accumulated other comprehensive (loss) income (62) (42)
Treasury stock-common stock, at cost, 12,056,688 and 9,474,490 shares, respectively (547) (447)
Total Stockholders’ Equity 1,471 1,363
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 2,167 $ 2,272