10-Q Filing

MERCADOLIBRE INC CIK: 1099590 Q1 2022

Filing Information

Form Type	10-Q
Accession Number	`0001562762-22-000223`
Period End Date	20220331
Filing Date	20220506
Fiscal Year	2022
Fiscal Period	Q1
XBRL Instance	meli-20220331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 105 Income Statement 36 Cash Flow Statement 84 Stockholders Equity 16 Comprehensive Income 12

Balance Sheet 105 line items

Line Item	Tag	Value	Unit	Period
Short-term investments, held in guarantee	`ShortTermInvestmentsHeldInGuarantee`	$602.00M	USD	Point-in-time
Short-term investments, held in guarantee	`ShortTermInvestmentsHeldInGuarantee`	$941.00M	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.58B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.57B	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	110.00M	shares	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$1.06B	USD	Point-in-time
Restricted cash and cash equivalents	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$841.00M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.38M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	50.42M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.38M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	50.42M	shares	Point-in-time
Short-term investments (941 and 602 held in guarantee - see Note 4)	`ShortTermInvestments`	$810.00M	USD	Point-in-time
Short-term investments (941 and 602 held in guarantee - see Note 4)	`ShortTermInvestments`	$1.41B	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$98.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$98.00M	USD	Point-in-time
Credit cards receivable and other means of payments, net	`ReceivablesFromCustomers`	$2.51B	USD	Point-in-time
Credit cards receivable and other means of payments, net	`ReceivablesFromCustomers`	$1.84B	USD	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetCurrent`	$1.66B	USD	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetCurrent`	$1.20B	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$40.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$79.00M	USD	Point-in-time
Inventories	`InventoryNet`	$239.00M	USD	Point-in-time
Inventories	`InventoryNet`	$253.00M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$294.00M	USD	Point-in-time
Other assets	`OtherAssetsCurrent`	$288.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.18B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$8.71B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$121.00M	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$89.00M	USD	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$80.00M	USD	Point-in-time
Loans receivable, net	`NotesAndLoansReceivableNetNoncurrent`	$61.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$967.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$807.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$542.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$461.00M	USD	Point-in-time
Goodwill	`Goodwill`	$162.00M	USD	Point-in-time
Goodwill	`Goodwill`	$148.00M	USD	Point-in-time
Goodwill	`Goodwill`	$85.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$43.00M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$45.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$181.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$235.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$134.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$168.00M	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$2.32B	USD	Point-in-time
Total non-current assets	`AssetsNoncurrent`	$1.93B	USD	Point-in-time
Total assets	`Assets`	$10.10B	USD	Point-in-time
Total assets	`Assets`	$11.02B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.04B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$1.03B	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$2.39B	USD	Point-in-time
Funds payable to customers	`PayablesToCustomers`	$2.48B	USD	Point-in-time
Amounts payable due to credit and debit card transactions	`AmountsPayableDueToCreditAndDebitCardTransactionsCurrent`	$420.00M	USD	Point-in-time
Amounts payable due to credit and debit card transactions	`AmountsPayableDueToCreditAndDebitCardTransactionsCurrent`	$337.00M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$313.00M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesCurrent`	$319.00M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$291.00M	USD	Point-in-time
Taxes payable	`TaxesPayableCurrent`	$277.00M	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$1.28B	USD	Point-in-time
Loans payable and other financial liabilities	`LoansPayableCurrent`	$1.46B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$92.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$109.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$134.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesCurrent`	$90.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$6.23B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.84B	USD	Point-in-time
Amounts payable due to credit and debit card transactions	`AmountsPayableDueToCreditAndDebitCardTransactionsNonCurrent`	$4.00M	USD	Point-in-time
Amounts payable due to credit and debit card transactions	`AmountsPayableDueToCreditAndDebitCardTransactionsNonCurrent`	$4.00M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$20.00M	USD	Point-in-time
Salaries and social security payable	`EmployeeRelatedLiabilitiesNoncurrent`	$5.00M	USD	Point-in-time
Taxes payable	`AccruedIncomeTaxesNoncurrent`	-	USD	Point-in-time
Taxes payable	`AccruedIncomeTaxesNoncurrent`	$28.00M	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$2.64B	USD	Point-in-time
Loans payable and other financial liabilities	`LongTermLoansPayable`	$2.23B	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$434.00M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$372.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$62.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$42.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$42.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$55.00M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$3.21B	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$2.73B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.43B	USD	Point-in-time
Total liabilities	`Liabilities`	$8.57B	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 50,377,981 and 50,418,980 shares issued and outstanding at March 31, 2022 and December 31, 2021	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 110,000,000 shares authorized, 50,377,981 and 50,418,980 shares issued and outstanding at March 31, 2022 and December 31, 2021	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.44B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.31B	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$790.00M	USD	Point-in-time
Treasury stock	`TreasuryStockValue`	$829.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$397.00M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$496.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-386.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-515.00M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$1.53B	USD	Point-in-time
Total Equity	`StockholdersEquity`	$1.59B	USD	Point-in-time
Total Equity	`StockholdersEquity`	$1.65B	USD	Point-in-time
Total Equity	`StockholdersEquity`	$-30.00M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$10.10B	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$11.02B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.38B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.25B	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$1.18B	USD	1 Quarter
Cost of net revenues	`CostOfGoodsAndServicesSold`	$787.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$591.00M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.07B	USD	1 Quarter
Product and technology development	`ResearchAndDevelopmentExpense`	$234.00M	USD	1 Quarter
Product and technology development	`ResearchAndDevelopmentExpense`	$126.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$541.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$288.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$86.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$159.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$500.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$934.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$91.00M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$139.00M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$25.00M	USD	1 Quarter
Interest income and other financial gains	`InvestmentIncomeInterest`	$31.00M	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$56.00M	USD	1 Quarter
Interest expense and other financial losses	`InterestExpenseAndOtherFinancialCharges`	$91.00M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-15.00M	USD	1 Quarter
Foreign currency losses	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.00M	USD	1 Quarter
Net income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$111.00M	USD	1 Quarter
Net income before income tax expense	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$10.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$44.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$46.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-34.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$65.00M	USD	1 Quarter
Available to shareholders per common share	`EarningsPerShareBasic`	$1.30	USD	1 Quarter
Available to shareholders per common share	`EarningsPerShareBasic`	$-0.68	USD	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	50.41M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfSharesOutstandingBasic`	49.87M	shares	1 Quarter
Available to shareholders per common share	`EarningsPerShareDiluted`	$1.30	USD	1 Quarter
Available to shareholders per common share	`EarningsPerShareDiluted`	$-0.68	USD	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	50.41M	shares	1 Quarter
Weighted average of outstanding common shares	`WeightedAverageNumberOfDilutedSharesOutstanding`	49.87M	shares	1 Quarter

Cash Flow Statement 84 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-34.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$65.00M	USD	1 Quarter
Unrealized devaluation loss, net	`ForeignCurrencyTransactionLossBeforeTax`	$25.00M	USD	1 Quarter
Unrealized devaluation loss, net	`ForeignCurrencyTransactionLossBeforeTax`	$30.00M	USD	1 Quarter
Impairment of digital assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	$2.00M	USD	1 Quarter
Impairment of digital assets	`ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill`	-	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$84.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$38.00M	USD	1 Quarter
Accrued interest income	`AccruedInterestFromInvestments`	$24.00M	USD	1 Quarter
Accrued interest income	`AccruedInterestFromInvestments`	$4.00M	USD	1 Quarter
Non cash interest, convertible notes amortization of debt discount and amortization of debt issuance costs and other charges	`ConvertibleBondsAccruedInterestAndAmortizationOfDebtDiscount`	$40.00M	USD	1 Quarter
Non cash interest, convertible notes amortization of debt discount and amortization of debt issuance costs and other charges	`ConvertibleBondsAccruedInterestAndAmortizationOfDebtDiscount`	$34.00M	USD	1 Quarter
Bad debt charges	`ProvisionForDoubtfulAccounts`	$84.00M	USD	1 Quarter
Bad debt charges	`ProvisionForDoubtfulAccounts`	$255.00M	USD	1 Quarter
Financial results on derivative instruments	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$19.00M	USD	1 Quarter
Financial results on derivative instruments	`IncreaseDecreaseInDerivativeAssetsAndLiabilities`	$-37.00M	USD	1 Quarter
LTRP accrued compensation	`StockOptionPlanExpense`	$30.00M	USD	1 Quarter
LTRP accrued compensation	`StockOptionPlanExpense`	$22.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-24.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$4.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-21.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$71.00M	USD	1 Quarter
Credit cards receivables and other means of payments	`IncreaseDecreaseInFundsReceivableFromCustomers`	$62.00M	USD	1 Quarter
Credit cards receivables and other means of payments	`IncreaseDecreaseInFundsReceivableFromCustomers`	$447.00M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$35.00M	USD	1 Quarter
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$15.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$19.00M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$-38.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$30.00M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$35.00M	USD	1 Quarter
Payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-148.00M	USD	1 Quarter
Payables and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-144.00M	USD	1 Quarter
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$-110.00M	USD	1 Quarter
Funds payable to customers	`IncreaseDecreaseInFundsPayableToCustomers`	$-89.00M	USD	1 Quarter
Amounts payable due to credit and debit card transactions	`IncreaseDecreaseInAmountsPayableDueToCreditAndDebitCardTransactions`	$28.00M	USD	1 Quarter
Amounts payable due to credit and debit card transactions	`IncreaseDecreaseInAmountsPayableDueToCreditAndDebitCardTransactions`	$3.00M	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	-	USD	1 Quarter
Other liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-63.00M	USD	1 Quarter
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$9.00M	USD	1 Quarter
Interest received from investments	`ProceedsFromOtherOperatingActivities`	$26.00M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-265.00M	USD	1 Quarter
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-233.00M	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$2.90B	USD	1 Quarter
Purchase of investments	`PaymentsToAcquireInvestments`	$2.42B	USD	1 Quarter
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$2.59B	USD	1 Quarter
Proceeds from sale and maturity of investments	`ProceedsFromSaleMaturityAndCollectionsOfInvestments`	$2.42B	USD	1 Quarter
Receipts from settlements of derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	-	USD	1 Quarter
Receipts from settlements of derivative instruments	`ProceedsFromDerivativeInstrumentInvestingActivities`	$2.00M	USD	1 Quarter
Payment for settlements of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	$4.00M	USD	1 Quarter
Payment for settlements of derivative instruments	`PaymentsForDerivativeInstrumentInvestingActivities`	$2.00M	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$8.00M	USD	1 Quarter
Changes in principal of loans receivable, net	`IncreaseDecreaseInPrincipalLoansReceivableNet`	$607.00M	USD	1 Quarter
Changes in principal of loans receivable, net	`IncreaseDecreaseInPrincipalLoansReceivableNet`	$149.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$137.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$113.00M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.22B	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-98.00M	USD	1 Quarter
Proceeds from loans payable and other financial liabilities	`ProceedsFromIssuanceOfOtherLongTermDebt`	$3.32B	USD	1 Quarter
Proceeds from loans payable and other financial liabilities	`ProceedsFromIssuanceOfOtherLongTermDebt`	$1.84B	USD	1 Quarter
Payments on loans payable and other financial liabilities	`RepaymentsOfOtherLongTermDebt`	$3.13B	USD	1 Quarter
Payments on loans payable and other financial liabilities	`RepaymentsOfOtherLongTermDebt`	$704.00M	USD	1 Quarter
Payments on repurchase of the 2028 Notes	`RepaymentsOfConvertibleDebt`	$1.86B	USD	1 Quarter
Payments on repurchase of the 2028 Notes	`RepaymentsOfConvertibleDebt`	-	USD	1 Quarter
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$4.00M	USD	1 Quarter
Payment of finance lease obligations	`FinanceLeasePrincipalPayments`	$4.00M	USD	1 Quarter
Purchase of convertible note capped call	`PaymentsForHedgeFinancingActivities`	$101.00M	USD	1 Quarter
Purchase of convertible note capped call	`PaymentsForHedgeFinancingActivities`	-	USD	1 Quarter
Common Stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$25.00M	USD	1 Quarter
Common Stock repurchased	`PaymentsForRepurchaseOfCommonStock`	$39.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$152.00M	USD	1 Quarter
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-859.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$71.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents, restricted cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-98.00M	USD	1 Quarter
Net decrease in cash, cash equivalents, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.32B	USD	1 Quarter
Net decrease in cash, cash equivalents, restricted cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.23B	USD	1 Quarter
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.41B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, beginning of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.65B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.41B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.51B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.19B	USD	Point-in-time
Cash, cash equivalents, restricted cash and cash equivalents, end of the year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.65B	USD	Point-in-time

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Beginning Balance	`StockholdersEquity`	$-30.00M	USD	Point-in-time
Capped Call	`CappedCallTransactionCost`	$-101.00M	USD	1 Quarter
Repurchase of 2028 Notes Conversion Option	`AdjustmentsToAdditionalPaidInCapitalRepurchaseOfConvertibleDebt`	$-1.48B	USD	1 Quarter
Common Stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$39.00M	USD	1 Quarter
Common Stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$25.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-34.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$65.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-38.00M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$129.00M	USD	1 Quarter
Ending Balance	`StockholdersEquity`	$1.53B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.59B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$1.65B	USD	Point-in-time
Ending Balance	`StockholdersEquity`	$-30.00M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-34.00M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$65.00M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-42.00M	USD	1 Quarter
Currency translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$151.00M	USD	1 Quarter
Unrealized (losses) gains on hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.00M	USD	1 Quarter
Unrealized (losses) gains on hedging activities	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-24.00M	USD	1 Quarter
Less: Reclassification adjustment for (losses) gains from accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociNetOfTax`	-	USD	1 Quarter
Less: Reclassification adjustment for (losses) gains from accumulated other comprehensive income (loss)	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociNetOfTax`	$2.00M	USD	1 Quarter
Net change in accumulated other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$-38.00M	USD	1 Quarter
Net change in accumulated other comprehensive income (loss), net of income tax	`OtherComprehensiveIncomeLossNetOfTax`	$129.00M	USD	1 Quarter
Total Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$194.00M	USD	1 Quarter
Total Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-72.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.