Derivative Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2022

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Summary of Total Gross Notional Amounts of Outstanding Derivatives

Total gross notional amounts for outstanding derivatives (recognized at fair value) as of the end of period consist of the following:

	June 30,		December 31,
	2022		2021
	(in millions)
Cash flow hedges	$	40	$	320
Non-designated hedges		73		54
Total	$	113	$	374

Schedule of Fair Value of Derivative Financial Instruments

Fair Value of Derivative Financial Instruments

	June 30,				December 31,
	2022				2021
	Assets(1)		Liabilities(2)		Assets(1)		Liabilities(2)
	(in millions)
Derivative designated as hedging instruments
Cash flow hedges	$	—	$	2	$	2	$	—
Derivative not designated as hedging instruments
Foreign currency forward contracts	$	2	$	5	$	2	$	1
Total derivatives	$	2	$	7	$	4	$	1

(1)Derivative assets are included in prepaid and other current assets in the condensed consolidated balance sheets.

(2)Derivative liabilities are included within "other" in accrued liabilities in the condensed consolidated balance sheets.

Schedule of Changes in Accumulated Other Comprehensive Income (Loss)

The changes in accumulated other comprehensive income (loss) resulting from cash flow hedging were as follows:

	June 30,			December 31,
	2022			2021
	(in millions)
Balance at the beginning of the period	$	2		$	2
Other comprehensive (loss) income before reclassifications		(4	)		22
Amounts recognized in core marketplace revenue and reclassified out of    accumulated other comprehensive income		—			(22	)
Balance at the end of the period	$	(2	)	$	2