Annual report pursuant to Section 13 and 15(d)

Consolidated Balance Sheets

v3.22.4
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 262 $ 1,610
Short-term investments 839 0
Other current assets 17 67
Total current assets 1,118 1,677
Property and equipment, net 91 94
Operating lease right-of-use assets 138 151
Acquisition related intangible assets 618 617
Goodwill 0 1,114
Other assets 36 37
Total assets 2,001 3,690
Current liabilities:    
Operating lease liabilities, current 13 12
Other current liabilities 70 79
Total current liabilities 83 91
Operating lease liabilities, long-term 123 135
Derivative liabilities 4 118
Other liabilities 7 4
Total liabilities 217 348
Commitments and contingencies
Stockholders’ equity:    
Common stock - $0.00001 par value, 51,000 shares authorized, 1,166 and 1,123 shares issued and outstanding, respectively 0 0
Additional paid-in capital 4,600 4,433
Accumulated other comprehensive loss (2) 0
Accumulated deficit (2,814) (1,091)
Total stockholders’ equity 1,784 3,342
Total liabilities and stockholders’ equity $ 2,001 $ 3,690