v3.22.2.2
Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Cash flows from operating activities:    
Net earnings (loss) $ 27 $ 24
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities    
Depreciation and amortization 73 112
Stock-based compensation 68 93
Realized and unrealized (gains) losses on financial instruments, net (35) (189)
Deferred income tax expense (benefit) 8 (29)
Other charges (credits), net 28 15
Changes in operating assets and liabilities    
Current and other assets (13) (96)
Payables and other liabilities 277 105
Net cash provided (used) by operating activities 433 35
Cash flows from investing activities:    
Capital expended for property and equipment, including capitalized website development (41) (40)
Other investing activities, net 4 (1)
Net cash provided (used) by investing activities (37) (41)
Cash flows from financing activities:    
Borrowings of debt 9 675
Repurchase of Series A Preferred Stock   (281)
Payment of withholding taxes on net share settlements of equity awards (18) (39)
Subsidiary purchase of capped calls   (35)
Other financing activities, net (9) (8)
Net cash provided (used) by financing activities (18) 312
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash (37) (7)
Net increase (decrease) in cash, cash equivalents and restricted cash 341 299
Cash, cash equivalents and restricted cash at beginning of period 760 423
Cash, cash equivalents and restricted cash at end of period $ 1,101 $ 722

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