Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2024

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Results of operations for the reportable segments and reconciliation to income before income taxes is as follows:

	Three Months Ended March 31,
(in millions)	2024		2023
Net revenues
Product Commerce	$	6,494	$	5,658
Developing Offerings	620		142
Total net revenues	$	7,114	$	5,801
Segment adjusted EBITDA
Product Commerce	$	467	$	288
Developing Offerings	(186)		(47)
Total segment adjusted EBITDA	$	281	$	241
Reconciling items:
Depreciation and amortization	$	(95)	$	(64)
Equity-based compensation	(88)		(70)
Acquisition and restructuring related costs	(58)		—
Interest expense	(27)		(8)
Interest income	55		32
Other expense, net	(9)		(7)
Income before income taxes	$	59	$	124

Note: Amounts may not foot due to rounding.