v3.22.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,078 $ 760
Accounts receivable and contract assets, net of allowance for credit losses of $29 million and $28 million, respectively 246 142
Income taxes receivable 10 48
Other current assets 38 26
Total current assets 1,372 976
Property and equipment, net 109 118
Intangible assets not subject to amortization (note 6):    
Goodwill 2,198 2,220
Trademarks 725 730
Intangible assets not subject to amortization 2,923 2,950
Intangible assets subject to amortization, net 120 133
Other assets, at cost, net of accumulated amortization 183 199
Total assets 4,707 4,376
Current liabilities:    
Deferred merchant and other payables 373 140
Deferred revenue 70 36
Current portion of debt (note 7) 41  
Accrued liabilities and other current liabilities 213 180
Total current liabilities 697 356
Long-term debt, including $227 million and $268 million measured at fair value as of June 30, 2022 and December 31, 2021, respectively (note 7) 1,062 1,143
Deferred income tax liabilities 157 144
Financial instrument liabilities (note 5) 33 85
Series A Preferred Stock liability (note 8) 221 212
Other liabilities 323 309
Total liabilities 2,493 2,249
Equity:    
Additional paid-in capital 288 288
Accumulated other comprehensive earnings (loss), net of taxes 13 (21)
Retained earnings (deficit) (429) (469)
Total stockholders' equity (127) (201)
Noncontrolling interests in equity of subsidiaries 2,341 2,328
Total equity 2,214 2,127
Commitments and contingencies (note 10)
Total liabilities and equity 4,707 4,376
Series A    
Equity:    
Common stock value 1 1
Series B    
Equity:    
Common stock value
Series C    
Equity:    
Common stock value

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