Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (unaudited)

v3.24.3
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Sep. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 263 $ 501
Short-term investments 985 699
Other current assets 27 17
Total current assets 1,275 1,217
Property and equipment, net 102 94
Operating lease right-of-use assets 124 122
Acquisition related intangible assets 617 617
Long-term investments 104 148
Other assets 43 37
Total assets 2,265 2,235
Current liabilities:    
Operating lease liabilities, current 15 15
Other current liabilities 78 96
Total current liabilities 93 111
Operating lease liabilities, long-term 109 107
Derivative liabilities 39 24
Other liabilities 6 8
Total liabilities 247 250
Commitments and contingencies
Stockholders’ equity:    
Common stock - $0.00001 par value, 51,000 shares authorized, 1,713 and 1,529 shares issued and outstanding, respectively 0 0
Additional paid-in capital 6,181 5,594
Accumulated other comprehensive income 2 1
Accumulated deficit (4,165) (3,610)
Total stockholders’ equity 2,018 1,985
Total liabilities and stockholders’ equity $ 2,265 $ 2,235