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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities:        
Net earnings (loss) $ 67 $ 29 $ (45) $ (59)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities        
Depreciation and amortization 20 21 42 42
Stock-based compensation     62 49
Realized and unrealized (gains) losses on financial instruments, net (53) (15) (9) (7)
Deferred income tax expense (benefit)     (9) (11)
Other charges (credits), net     18 14
Changes in operating assets and liabilities        
Current and other assets     (82) (81)
Payables and other liabilities     207 290
Net cash provided (used) by operating activities     184 237
Cash flows from investing activities:        
Capital expended for property and equipment, including capitalized website development     (31) (31)
Net cash provided (used) by investing activities     (31) (31)
Cash flows from financing activities:        
Shares repurchased by subsidiary     (25) (75)
Payment of withholding taxes on net share settlements of equity awards     (14) (12)
Other financing activities, net     (4) (6)
Net cash provided (used) by financing activities     (43) (93)
Effect of foreign currency exchange rates on cash, cash equivalents and restricted cash     (7) 4
Net increase (decrease) in cash, cash equivalents and restricted cash     103 117
Cash, cash equivalents and restricted cash at beginning of period     1,090 1,053
Cash, cash equivalents and restricted cash at end of period $ 1,193 $ 1,170 $ 1,193 $ 1,170

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