10-Q Filing

PayPal Holdings, Inc. CIK: 1633917 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001633917-19-000118`
Period End Date	20190331
Filing Date	20190425
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	pypl-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 36 Cash Flow Statement 72 Stockholders Equity 30 Comprehensive Income 16

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts, loans and interest receivable	`AllowanceForNotesAndLoansReceivableCurrent`	$172.00M	USD	Point-in-time
Allowance for doubtful accounts, loans and interest receivable	`AllowanceForNotesAndLoansReceivableCurrent`	$195.00M	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in usd per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$4.51B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	4.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.58B	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	4.00B	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.88B	USD	Point-in-time
Short-term investments	`ShortTermInvestments`	$3.33B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	1.17B	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	1.17B	shares	Point-in-time
Short-term investments	`ShortTermInvestments`	$1.53B	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$409.00M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$313.00M	USD	Point-in-time
Preferred stock, par value (in usd per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Loans and interest receivable, net of allowances of $195 and $172 as of March 31, 2019 and December 31, 2018, respectively	`NotesAndLoansReceivableNetCurrent`	$2.53B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Loans and interest receivable, net of allowances of $195 and $172 as of March 31, 2019 and December 31, 2018, respectively	`NotesAndLoansReceivableNetCurrent`	$2.86B	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	100.00M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	91.00M	shares	Point-in-time
Funds receivable and customer accounts	`FundsReceivableAndCustomerAccounts`	$22.74B	USD	Point-in-time
Funds receivable and customer accounts	`FundsReceivableAndCustomerAccounts`	$20.06B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockShares`	99.00M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$947.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$1.04B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$34.89B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$32.96B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$1.70B	USD	Point-in-time
Long-term investments	`LongTermInvestments`	$971.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.72B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.73B	USD	Point-in-time
Goodwill	`Goodwill`	$6.23B	USD	Point-in-time
Goodwill	`Goodwill`	$6.28B	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$825.00M	USD	Point-in-time
Intangible assets, net	`FiniteLivedIntangibleAssetsNet`	$750.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$565.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$979.00M	USD	Point-in-time
Total assets	`Assets`	$43.33B	USD	Point-in-time
Total assets	`Assets`	$46.28B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$281.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$226.00M	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$2.00B	USD	Point-in-time
Notes payable	`NotesPayableCurrent`	$2.00B	USD	Point-in-time
Funds payable and amounts due to customers	`FundsPayableAndAmountsDueToCustomers`	$24.24B	USD	Point-in-time
Funds payable and amounts due to customers	`FundsPayableAndAmountsDueToCustomers`	$21.56B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.10B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$2.00B	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$61.00M	USD	Point-in-time
Income taxes payable	`TaxesPayableCurrent`	$75.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.64B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.90B	USD	Point-in-time
Deferred tax liability and other long-term liabilities	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$2.04B	USD	Point-in-time
Deferred tax liability and other long-term liabilities	`DeferredTaxAndOtherLiabilitiesNoncurrent`	$2.49B	USD	Point-in-time
Total liabilities	`Liabilities`	$31.12B	USD	Point-in-time
Total liabilities	`Liabilities`	$27.95B	USD	Point-in-time
Commitments and Contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.0001 par value; 4,000 shares authorized; 1,172 and 1,174 shares outstanding as of March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, $0.0001 par value; 4,000 shares authorized; 1,172 and 1,174 shares outstanding as of March 31, 2019 and December 31, 2018, respectively	`CommonStockValue`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100 shares authorized, unissued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, $0.0001 par value; 100 shares authorized, unissued	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Treasury stock at cost, 99 and 91 shares as of March 31, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$6.22B	USD	Point-in-time
Treasury stock at cost, 99 and 91 shares as of March 31, 2019 and December 31, 2018, respectively	`TreasuryStockValue`	$5.51B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$14.94B	USD	Point-in-time
Additional paid-in-capital	`AdditionalPaidInCapital`	$14.85B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$5.88B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$6.55B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$78.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$15.99B	USD	Point-in-time
Total equity	`StockholdersEquity`	$15.39B	USD	Point-in-time
Total equity	`StockholdersEquity`	$15.16B	USD	Point-in-time
Total equity	`StockholdersEquity`	$14.64B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$46.28B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$43.33B	USD	Point-in-time

Income Statement 36 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.13B	USD	1 Quarter
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.69B	USD	1 Quarter
Transaction expense	`TransactionExpense`	$1.27B	USD	1 Quarter
Transaction expense	`TransactionExpense`	$1.55B	USD	1 Quarter
Transaction and loan losses	`TransactionAndLoanLosses`	$341.00M	USD	1 Quarter
Transaction and loan losses	`TransactionAndLoanLosses`	$305.00M	USD	1 Quarter
Customer support and operations	`CustomerSupportAndOperationsExpense`	$388.00M	USD	1 Quarter
Customer support and operations	`CustomerSupportAndOperationsExpense`	$342.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$281.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$329.00M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$448.00M	USD	1 Quarter
Technology and development	`TechnologyAndDevelopmentExpense`	$511.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$419.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$347.00M	USD	1 Quarter
Restructuring and other charges	`OtherCostAndExpenseOperating`	$153.00M	USD	1 Quarter
Restructuring and other charges	`OtherCostAndExpenseOperating`	$73.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.61B	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$3.15B	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$518.00M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$534.00M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$14.00M	USD	1 Quarter
Other income (expense), net	`NonoperatingIncomeExpense`	$199.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$548.00M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$717.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$37.00M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$50.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$667.00M	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.57	USD	1 Quarter
Basic (in usd per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.56	USD	1 Quarter
Diluted (in usd per share)	`EarningsPerShareDiluted`	$0.42	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.17B	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.19B	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.19B	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.22B	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$667.00M	USD	1 Quarter
Transaction and loan losses	`TransactionAndLoanLosses`	$341.00M	USD	1 Quarter
Transaction and loan losses	`TransactionAndLoanLosses`	$305.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$230.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$185.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$205.00M	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$247.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$74.00M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$91.00M	USD	1 Quarter
Cost basis adjustments to loans and interest receivable held for sale	`OtherNoncashExpense`	$128.00M	USD	1 Quarter
Cost basis adjustments to loans and interest receivable held for sale	`OtherNoncashExpense`	-	USD	1 Quarter
Unrealized gains on strategic investments	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Unrealized gains on strategic investments	`UnrealizedGainLossOnInvestments`	$180.00M	USD	1 Quarter
Other	`OtherNoncashIncome`	$5.00M	USD	1 Quarter
Other	`OtherNoncashIncome`	$44.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-25.00M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$96.00M	USD	1 Quarter
Changes in loans and interest receivable held for sale, net	`IncreaseDecreaseInLoansHeldForSale`	$1.29B	USD	1 Quarter
Changes in loans and interest receivable held for sale, net	`IncreaseDecreaseInLoansHeldForSale`	$-4.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-3.00M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-35.00M	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Income taxes payable	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$14.00M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$227.00M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$468.00M	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.03B	USD	1 Quarter
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-349.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$178.00M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$218.00M	USD	1 Quarter
Changes in principal loans receivable, net	`PaymentsForProceedsFromLoansReceivable`	$-738.00M	USD	1 Quarter
Changes in principal loans receivable, net	`PaymentsForProceedsFromLoansReceivable`	$357.00M	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$8.14B	USD	1 Quarter
Purchases of investments	`PaymentsToAcquireInvestments`	$5.28B	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$4.29B	USD	1 Quarter
Maturities and sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$6.03B	USD	1 Quarter
Funds receivable	`IncreaseDecreaseInFundsReceivableInvestingActivities`	$-429.00M	USD	1 Quarter
Funds receivable	`IncreaseDecreaseInFundsReceivableInvestingActivities`	$2.17B	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.86B	USD	1 Quarter
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$5.00M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$7.00M	USD	1 Quarter
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$13.00M	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.82B	USD	1 Quarter
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$756.00M	USD	1 Quarter
Tax withholdings related to net share settlements of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$335.00M	USD	1 Quarter
Tax withholdings related to net share settlements of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$309.00M	USD	1 Quarter
Borrowings under financing arrangements	`ProceedsFromIssuanceOfDebt`	-	USD	1 Quarter
Borrowings under financing arrangements	`ProceedsFromIssuanceOfDebt`	$2.08B	USD	1 Quarter
Funds payable and amounts due to customers	`IncreaseDecreaseInFundsPayableAndAmountsDueToCustomers`	$2.56B	USD	1 Quarter
Funds payable and amounts due to customers	`IncreaseDecreaseInFundsPayableAndAmountsDueToCustomers`	$865.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$793.00M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$1.50B	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-7.00M	USD	1 Quarter
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.00M	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-2.33B	USD	1 Quarter
Net change in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$442.00M	USD	1 Quarter
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.73B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.90B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.23B	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.29B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.73B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.90B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.23B	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.29B	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$8.00M	USD	1 Quarter
Cash paid for interest	`InterestPaidNet`	$20.00M	USD	1 Quarter
Cash paid (refund received) for income taxes, net	`IncomeTaxesPaidNet`	$-6.00M	USD	1 Quarter
Cash paid (refund received) for income taxes, net	`IncomeTaxesPaidNet`	$22.00M	USD	1 Quarter
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.73B	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.90B	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.23B	USD	Point-in-time
Total cash, cash equivalents and restricted cash shown in the condensed consolidated statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$8.29B	USD	Point-in-time

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance (in shares)	`CommonStockSharesOutstanding`	1.17B	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	1.17B	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$15.99B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$15.39B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$15.16B	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$14.64B	USD	Point-in-time
Net income	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$667.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$2.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-67.00M	USD	1 Quarter
Unrealized gains on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$11.00M	USD	1 Quarter
Unrealized gains on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-15.00M	USD	1 Quarter
Tax expense on unrealized gains on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-4.00M	USD	1 Quarter
Tax expense on unrealized gains on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$2.00M	USD	1 Quarter
Unrealized losses on hedging activities, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-18.00M	USD	1 Quarter
Unrealized losses on hedging activities, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-46.00M	USD	1 Quarter
Tax benefit on unrealized losses on hedging activities, net	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Tax benefit on unrealized losses on hedging activities, net	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$-1.00M	USD	1 Quarter
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$-302.00M	USD	1 Quarter
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationAndExerciseOfStockOptions`	$-226.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$750.00M	USD	1 Quarter
Common stock repurchased	`TreasuryStockValueAcquiredCostMethod`	$1.82B	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$214.00M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$256.00M	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	1.17B	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	1.17B	shares	Point-in-time
Ending balance	`StockholdersEquity`	$15.99B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$15.39B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$15.16B	USD	Point-in-time
Ending balance	`StockholdersEquity`	$14.64B	USD	Point-in-time

Comprehensive Income 16 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$511.00M	USD	1 Quarter
Net income	`NetIncomeLoss`	$667.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$2.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax`	$-67.00M	USD	1 Quarter
Unrealized gains (losses) on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$11.00M	USD	1 Quarter
Unrealized gains (losses) on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax`	$-15.00M	USD	1 Quarter
Tax (expense) benefit on unrealized gains (losses) on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-4.00M	USD	1 Quarter
Tax (expense) benefit on unrealized gains (losses) on investments, net	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$2.00M	USD	1 Quarter
Unrealized losses on hedging activities, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent`	$-46.00M	USD	1 Quarter
Unrealized losses on hedging activities, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTaxParent`	$-18.00M	USD	1 Quarter
Tax benefit on unrealized losses on hedging activities, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	-	USD	1 Quarter
Tax benefit on unrealized losses on hedging activities, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationTaxParent`	$-1.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-27.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-103.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$484.00M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$564.00M	USD	1 Quarter

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