Supplemental Financial Information

3 Months Ended

Mar. 31, 2024

Quarterly Financial Information Disclosure [Abstract]

Supplemental Financial Information

Supplemental Financial Information

Supplemental Disclosure of Cash flow Information

	Three Months Ended March 31,
(in millions)	2024		2023
Supplemental disclosure of cash flow information
Cash paid for the amount used to measure the operating lease liabilities	$	134	$	105
Operating lease assets obtained in exchange for lease obligations	$	461	$	28
Net increase to operating lease right-of-use assets resulting from remeasurements of lease obligations	$	17	$	27
Non-cash investing and financing activities
Increase in property and equipment-related accounts payable	$	9	$	11

The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the consolidated balance sheets that sum to the total of the same such amounts shown within the consolidated statements of cash flows.

(in millions)	March 31, 2024		December 31, 2023
Current assets
Cash and cash equivalents	$	5,226	$	5,243
Restricted cash	347		353
Noncurrent assets
Restricted cash included in long-term leasehold deposits and other	1		1
Total cash, cash equivalents and restricted cash	$	5,574	$	5,597

Supplier Financing Arrangements

We have agreements with third-party financial institutions to facilitate participating vendors’ and suppliers’ ability to settle payment obligations from us to designated third-party financial institutions. Participating vendors and suppliers may, at their sole discretion, settle obligations prior to their scheduled due dates at a discounted price to the participating financial institutions. The invoices that have been confirmed as valid under the program require payment, in full, based on the original standard invoice terms. Confirmed invoices owed to financial institutions under these programs are included within accounts payable and were $423 million and $459 million as of March 31, 2024 and December 31, 2023, respectively. Coupang or the financial institutions may terminate the agreement upon given notice.

Accumulated Other Comprehensive (Loss) Income

Accumulated other comprehensive loss includes all changes in equity during a period that have yet to be recognized in income. The major components are foreign currency translation adjustments and actuarial gains (losses) on our defined severance benefits. As of March 31, 2024 and December 31, 2023, the ending balance in accumulated other comprehensive (loss) income related to foreign currency translation adjustments was $(61) million and $44 million, respectively, and the amount related to actuarial losses on defined severance benefits was $(60) million and $(61) million, respectively.