XML 39 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Net revenues $ 7,418 $ 6,846 $ 21,745 $ 20,135
Operating expenses:        
Transaction expense 3,603 2,988 10,427 8,849
Transaction and credit losses 446 367 1,286 1,184
Customer support and operations 474 509 1,454 1,579
Sales and marketing 442 544 1,343 1,733
Technology and development 739 801 2,203 2,431
General and administrative 507 463 1,505 1,584
Restructuring and other charges 39 56 227 182
Total operating expenses 6,250 5,728 18,445 17,542
Operating income 1,168 1,118 3,300 2,593
Other income (expense), net 73 460 318 (337)
Income before income taxes 1,241 1,578 3,618 2,256
Income tax expense 221 248 774 758
Net income (loss) $ 1,020 $ 1,330 $ 2,844 $ 1,498
Net income (loss) per share:        
Basic (in dollars per share) $ 0.93 $ 1.15 $ 2.56 $ 1.29
Diluted (in dollars per share) $ 0.93 $ 1.15 $ 2.55 $ 1.29
Weighted average shares:        
Basic (in shares) 1,094 1,154 1,111 1,159
Diluted (in shares) 1,098 1,157 1,115 1,163