ALLOWANCE FOR CREDIT LOSSES

12 Months Ended

Dec. 31, 2022

Credit Loss [Abstract]

ALLOWANCE FOR CREDIT LOSSES

NOTE 7: ALLOWANCE FOR CREDIT LOSSES

Substantially all of the allowance for credit losses relate to unsecured balances of receivables from users due to Fraudulent Deposit Transactions and losses on margin lending. The following table summarizes the allowance for credit losses:

	Year Ended December 31,
(in millions)	2020		2021		2022
Beginning balance	$	17	$	34	$	40
Provision for credit losses	59		78		36
Write-offs	(42)		(72)		(58)
Ending balance	$	34	$	40	$	18