Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill

The changes in the carrying amount of goodwill for the periods presented were as follows (in millions):

	Total
Balance as of December 31, 2020	$	316
Addition	—
Balance as of December 31, 2021	316
Acquisitions	2,054
Balance as of December 31, 2022	$	2,370

Schedule of Intangible Assets

Intangible assets, net consisted of the following as of December 31, 2021 (in millions):

	Weighted-average Remaining Useful Life (in years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Existing technology	7.0	$	71	$	(52)	$	19
Merchant relationships	10.8	45		(8)		37
Courier relationships	—	1		(1)		—
Customer relationships	0.8	9		(6)		3
Trade name and trademarks	0.8	6		(4)		2
Balance as of December 31, 2021		$	132	$	(71)	$	61

Intangible assets, net consisted of the following as of December 31, 2022 (in millions):

	Weighted-average Remaining Useful Life (in years)	Gross Carrying Value		Accumulated Amortization		Net Carrying Value
Existing technology	5.3	$	236	$	(88)	$	148
Merchant relationships	10.0	294		(26)		268
Courier relationships	0.4	12		(7)		5
Customer relationships	2.4	119		(30)		89
Trade name and trademarks	9.4	277		(22)		255
Balance as of December 31, 2022		$	938	$	(173)	$	765

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

The estimated future amortization expense of intangible assets as of December 31, 2022 was as follows (in millions):

Year Ending December 31,	Amortization Expense
2023	$	126
2024	122
2025	97
2026	80
2027	77
Thereafter	263
Total estimated future amortization expense	$	765