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ALLOWANCE FOR CREDIT LOSSES (Tables)
9 Months Ended
Sep. 30, 2024
Credit Loss [Abstract]  
Schedule of Allowance for Credit Losses Receivable The following table summarizes the brokerage related allowance for credit losses as a reduction of receivables from users, net on the unaudited condensed consolidated balance sheet:
Three Months Ended
September 30,
Nine Months Ended
September 30,
(in millions)2023202420232024
Beginning balance$20 $15 $18 $15 
Provision for credit losses18 16 
Write-offs(7)(6)(20)(16)
Ending balance$16 $15 $16 $15 
The following table summarizes the allowance related to off-balance sheet credit card receivables:

Three Months Ended
September 30,
Nine Months Ended
September 30,
(in millions)
2023202420232024
Beginning balance$— $34 $— $32 
Opening balance from acquisition of Robinhood Credit16 — 16 — 
Provision for credit losses10 11 10 30 
Credit loss payments to Coastal Bank(4)(8)(4)(26)
Recoveries— — 
Ending balance$22 $38 $22 $38 

The following table summarizes the allowance related to purchased credit card receivables and interest receivables from customers:

Three Months Ended
September 30,
Nine Months Ended
September 30,
(in millions)
2023202420232024
Beginning balance$— $$— $
Provision for credit losses11 
Write-offs
— (1)— (4)
Ending balance$$$$