2017 Q4 Form 8-K Financial Statement

#000163391719000200 Filed on September 16, 2019

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $3.744B $3.239B $3.136B
YoY Change 25.6% 21.45% 18.34%
Cost Of Revenue $1.672B $1.811B $1.707B
YoY Change 5.22% 27.0% 23.43%
Gross Profit $2.072B $1.428B $1.429B
YoY Change 48.85% 15.07% 12.79%
Gross Profit Margin 55.34% 44.09% 45.57%
Selling, General & Admin $643.0M $571.0M $566.0M
YoY Change 21.78% 15.59% 10.76%
% of Gross Profit 31.03% 39.99% 39.61%
Research & Development $267.0M $240.0M $232.0M
YoY Change 24.19% 11.63% 11.0%
% of Gross Profit 12.89% 16.81% 16.24%
Depreciation & Amortization $227.0M $194.0M $201.0M
YoY Change 20.11% 4.86% 14.2%
% of Gross Profit 10.96% 13.59% 14.07%
Operating Expenses $1.137B $2.816B $2.706B
YoY Change 22.0% 21.43% 18.74%
Operating Profit $935.0M $423.0M $430.0M
YoY Change 103.26% 21.55% 15.9%
Interest Expense $1.000M
YoY Change -90.91%
% of Operating Profit 0.24%
Other Income/Expense, Net $21.00M $28.00M $17.00M
YoY Change 133.33% 133.33% 88.89%
Pretax Income $864.0M $451.0M $447.0M
YoY Change 84.22% 25.28% 17.63%
Income Tax $64.00M $71.00M $36.00M
% Of Pretax Income 7.41% 15.74% 8.05%
Net Earnings $620.0M $380.0M $411.0M
YoY Change 58.97% 17.65% 27.24%
Net Earnings / Revenue 16.56% 11.73% 13.11%
Basic Earnings Per Share $0.52 $0.32 $0.34
Diluted Earnings Per Share $0.50 $0.31 $0.34
COMMON SHARES
Basic Shares Outstanding 1.203B shares 1.202B shares 1.202B shares
Diluted Shares Outstanding 1.228B shares 1.223B shares 1.215B shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.695B $4.921B $4.091B
YoY Change 14.47% -3.28% -17.47%
Cash & Equivalents $2.883B $2.330B $1.271B
Short-Term Investments $2.812B $2.591B $2.820B
Other Short-Term Assets $713.0M $719.0M $838.0M
YoY Change -14.41% -4.26% 5.81%
Inventory
Prepaid Expenses
Receivables $283.0M $301.0M $176.0M
Other Receivables $25.95B $23.50B $21.93B
Total Short-Term Assets $32.65B $29.44B $27.04B
YoY Change 26.86% 21.84% 15.25%
LONG-TERM ASSETS
Property, Plant & Equipment $1.528B $1.485B $1.479B
YoY Change 3.1% 2.34% 4.75%
Goodwill $4.339B $4.326B $4.062B
YoY Change 6.9% 6.34% -0.17%
Intangibles
YoY Change
Long-Term Investments $1.961B $2.217B $2.511B
YoY Change 27.42% 65.57% 90.95%
Other Assets $133.0M $70.00M $60.00M
YoY Change 68.35% -23.91% -38.14%
Total Long-Term Assets $8.129B $8.324B $8.255B
YoY Change 10.3% 15.69% 15.07%
TOTAL ASSETS
Total Short-Term Assets $32.65B $29.44B $27.04B
Total Long-Term Assets $8.129B $8.324B $8.255B
Total Assets $40.77B $37.76B $35.29B
YoY Change 23.17% 20.43% 15.21%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $257.0M $18.95B $171.0M
YoY Change 33.85% 10790.23% 1.18%
Accrued Expenses $1.781B $1.665B $1.407B
YoY Change 22.07% 30.9% 19.14%
Deferred Revenue
YoY Change
Short-Term Debt $1.000B $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $22.86B $20.70B $18.64B
YoY Change 35.46% 32.58% 22.45%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $1.917B $1.626B $1.651B
YoY Change 3.77%
Total Long-Term Liabilities $1.917B $1.626B $1.651B
YoY Change 3.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.86B $20.70B $18.64B
Total Long-Term Liabilities $1.917B $1.626B $1.651B
Total Liabilities $24.78B $22.33B $20.29B
YoY Change 34.74% 30.09% 20.69%
SHAREHOLDERS EQUITY
Retained Earnings $3.823B $3.204B $2.824B
YoY Change 84.78% 90.83% 108.26%
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.001B $1.701B $1.601B
YoY Change 101.11% 80.0% 78.68%
Treasury Stock Shares 47.00M shares 43.00M shares 41.00M shares
Shareholders Equity $15.99B $15.43B $15.00B
YoY Change
Total Liabilities & Shareholders Equity $40.77B $37.76B $35.29B
YoY Change 23.17% 20.43% 15.21%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $620.0M $380.0M $411.0M
YoY Change 58.97% 17.65% 27.24%
Depreciation, Depletion And Amortization $227.0M $194.0M $201.0M
YoY Change 20.11% 4.86% 14.2%
Cash From Operating Activities -$147.0M $1.006B $921.0M
YoY Change -115.93% 25.59% 32.33%
INVESTING ACTIVITIES
Capital Expenditures -$180.0M -$165.0M -$174.0M
YoY Change 18.42% -9.84% -13.43%
Acquisitions
YoY Change
Other Investing Activities -$682.0M -$486.0M -$1.555B
YoY Change -73.59% -67.73% -3.12%
Cash From Investing Activities -$862.0M -$651.0M -$1.729B
YoY Change -68.47% -61.46% -4.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $4.999B $5.299B $5.399B
YoY Change 397.41% 402.27% 389.04%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 1.657B 1.439B 1.042B
YoY Change 44.97% 504.62% 91.54%
NET CHANGE
Cash From Operating Activities -147.0M 1.006B 921.0M
Cash From Investing Activities -862.0M -651.0M -1.729B
Cash From Financing Activities 1.657B 1.439B 1.042B
Net Change In Cash 648.0M 1.794B 234.0M
YoY Change -197.01% -376.0% -141.34%
FREE CASH FLOW
Cash From Operating Activities -$147.0M $1.006B $921.0M
Capital Expenditures -$180.0M -$165.0M -$174.0M
Free Cash Flow $33.00M $1.171B $1.095B
YoY Change -96.93% 19.0% 22.07%

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CY2016 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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449000000 USD
CY2016 us-gaap Adjustments To Additional Paid In Capital Tax Effect From Share Based Compensation
AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation
40000000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
14712000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1795000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
43000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-7000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-1000000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-242000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
-4000000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
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-21000000 USD
CY2017 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
1006000000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
756000000 USD
CY2017Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
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-41000000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
15994000000 USD
CY2018 us-gaap Net Income Loss
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2057000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-68000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
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-1000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax
-1000000 USD
CY2018 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
293000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax
5000000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation And Exercise Of Stock Options
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-251000000 USD
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
3525000000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
891000000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
15386000000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
2057000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1795000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
1401000000 USD
CY2018 pypl Transaction And Loan Losses
TransactionAndLoanLosses
1274000000 USD
CY2017 pypl Transaction And Loan Losses
TransactionAndLoanLosses
1011000000 USD
CY2016 pypl Transaction And Loan Losses
TransactionAndLoanLosses
1088000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
776000000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
805000000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
724000000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
853000000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
733000000 USD
CY2016 us-gaap Share Based Compensation
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438000000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-171000000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-1299000000 USD
CY2016 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
52000000 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
0 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
40000000 USD
CY2018 us-gaap Other Noncash Expense
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244000000 USD
CY2017 us-gaap Other Noncash Expense
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92000000 USD
CY2016 us-gaap Other Noncash Expense
OtherNoncashExpense
0 USD
CY2018 us-gaap Other Noncash Income
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172000000 USD
CY2017 us-gaap Other Noncash Income
OtherNoncashIncome
25000000 USD
CY2016 us-gaap Other Noncash Income
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24000000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
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59000000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
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-12000000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
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77000000 USD
CY2018 us-gaap Increase Decrease In Loans Held For Sale
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-1407000000 USD
CY2017 us-gaap Increase Decrease In Loans Held For Sale
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1308000000 USD
CY2016 us-gaap Increase Decrease In Loans Held For Sale
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-24000000 USD
CY2018 pypl Increase Decrease In Transaction Loss Allowance For Cash Losses Net
IncreaseDecreaseInTransactionLossAllowanceForCashLossesNet
1046000000 USD
CY2017 pypl Increase Decrease In Transaction Loss Allowance For Cash Losses Net
IncreaseDecreaseInTransactionLossAllowanceForCashLossesNet
817000000 USD
CY2016 pypl Increase Decrease In Transaction Loss Allowance For Cash Losses Net
IncreaseDecreaseInTransactionLossAllowanceForCashLossesNet
643000000 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
112000000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
188000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
145000000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable Trade
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26000000 USD
CY2017 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
19000000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
69000000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Trade
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62000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Trade
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11000000 USD
CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-44000000 USD
CY2018 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
450000000 USD
CY2017 us-gaap Increase Decrease In Other Operating Liabilities
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1639000000 USD
CY2016 us-gaap Increase Decrease In Other Operating Liabilities
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280000000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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5483000000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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2531000000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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3158000000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
823000000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
667000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
669000000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3000000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2016 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2018 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
-3121000000 USD
CY2017 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
920000000 USD
CY2016 us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
1523000000 USD
CY2018 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
22381000000 USD
CY2017 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
19418000000 USD
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
21041000000 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
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21898000000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
18448000000 USD
CY2016 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
18429000000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2124000000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
323000000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
19000000 USD
CY2018 pypl Increase Decrease In Funds Receivable Investing Activities
IncreaseDecreaseInFundsReceivableInvestingActivities
-1146000000 USD
CY2017 pypl Increase Decrease In Funds Receivable Investing Activities
IncreaseDecreaseInFundsReceivableInvestingActivities
1605000000 USD
CY2016 pypl Increase Decrease In Funds Receivable Investing Activities
IncreaseDecreaseInFundsReceivableInvestingActivities
1081000000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
840000000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-4485000000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-5904000000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
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144000000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
144000000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
109000000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
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3520000000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1006000000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
995000000 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
0 USD
CY2016 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
40000000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
419000000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
166000000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
118000000 USD
CY2018 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
2075000000 USD
CY2017 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
1800000000 USD
CY2016 us-gaap Proceeds From Repayments Of Debt
ProceedsFromRepaymentsOfDebt
0 USD
CY2018 us-gaap Repayments Of Debt
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1115000000 USD
CY2017 us-gaap Repayments Of Debt
RepaymentsOfDebt
980000000 USD
CY2016 us-gaap Repayments Of Debt
RepaymentsOfDebt
21000000 USD
CY2018 pypl Increase Decrease In Funds Payable And Amounts Due To Customers
IncreaseDecreaseInFundsPayableAndAmountsDueToCustomers
1573000000 USD
CY2017 pypl Increase Decrease In Funds Payable And Amounts Due To Customers
IncreaseDecreaseInFundsPayableAndAmountsDueToCustomers
4292000000 USD
CY2016 pypl Increase Decrease In Funds Payable And Amounts Due To Customers
IncreaseDecreaseInFundsPayableAndAmountsDueToCustomers
3023000000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
4084000000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2038000000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-113000000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
36000000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
0 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
4948000000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2166000000 USD
CY2016 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-708000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8285000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6119000000 USD
CY2015Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6827000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13233000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8285000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6119000000 USD
CY2018 us-gaap Interest Paid Net
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69000000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
6000000 USD
CY2016 us-gaap Interest Paid Net
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4000000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
328000000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
117000000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
48000000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7575000000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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2883000000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
1590000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
13233000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8285000000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6119000000 USD
CY2018 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Use of estimates</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. On an ongoing basis, we evaluate our estimates, including those related to provisions for transaction and loan losses, loss contingencies, income taxes, revenue recognition, and the valuation of goodwill and intangible assets. We base our estimates on historical experience and various other assumptions which we believe to be reasonable under the circumstances. Actual results could differ from those estimates.</span></div><div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>
CY2018 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have reclassified certain operating expenses within the consolidated statements of income. Prior period amounts have been reclassified to conform to this presentation. These changes have no impact on our previously reported consolidated net income for prior periods, including total operating expenses, financial position, or cash flows for any periods presented. </span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>The classification changes relate primarily to the combination of costs incurred to develop and operate our Payments Platform into a new caption entitled technology and development. This new caption includes: (a) costs incurred in operating, maintaining, and enhancing our Payments Platform, including network and infrastructure costs, which were previously classified in the customer support and operations caption, and (b) costs incurred in developing new and improving existing products, which were previously classified in the product development caption on our consolidated statements of income. In addition, we have eliminated the presentation of depreciation and amortization expense as a separate financial statement caption by reclassifying these expenses into financial statement captions aligned with the internal organizations that are the primary beneficiaries of the depreciation and amortization of such assets.
CY2018 pypl Transaction Expense
TransactionExpense
5581000000 USD
CY2018 pypl Transaction And Loan Losses
TransactionAndLoanLosses
1274000000 USD
CY2018 pypl Customer Support And Operations Expense
CustomerSupportAndOperationsExpense
1407000000 USD
CY2018 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1314000000 USD
CY2018 pypl Product Development Expense
ProductDevelopmentExpense
0 USD
CY2018 pypl Technology And Development Expense
TechnologyAndDevelopmentExpense
1831000000 USD
CY2018 us-gaap General And Administrative Expense
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1541000000 USD
CY2018 us-gaap Depreciation And Amortization
DepreciationAndAmortization
0 USD
CY2018 us-gaap Other Cost And Expense Operating
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309000000 USD
CY2018 us-gaap Operating Expenses
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13257000000 USD
CY2017 pypl Transaction Expense
TransactionExpense
4419000000 USD
CY2017 pypl Transaction And Loan Losses
TransactionAndLoanLosses
1011000000 USD
CY2017 pypl Customer Support And Operations Expense
CustomerSupportAndOperationsExpense
1265000000 USD
CY2017 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
1142000000 USD
CY2017 pypl Product Development Expense
ProductDevelopmentExpense
0 USD
CY2017 pypl Technology And Development Expense
TechnologyAndDevelopmentExpense
1740000000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1258000000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
0 USD
CY2017 us-gaap Other Cost And Expense Operating
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132000000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
10967000000 USD
CY2016 pypl Transaction Expense
TransactionExpense
3346000000 USD
CY2016 pypl Transaction And Loan Losses
TransactionAndLoanLosses
1088000000 USD
CY2016 pypl Customer Support And Operations Expense
CustomerSupportAndOperationsExpense
1158000000 USD
CY2016 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
966000000 USD
CY2016 pypl Product Development Expense
ProductDevelopmentExpense
0 USD
CY2016 pypl Technology And Development Expense
TechnologyAndDevelopmentExpense
1547000000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1151000000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
0 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
9256000000 USD
CY2018 pypl Loans Receivable Gross Merchant Purchased
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3300000000 USD
CY2017 pypl Loans Receivable Gross Merchant Purchased
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1500000000 USD
CY2018 pypl Regulatory Requirement Minimum Aggregate Customer Balances Covered By Eligible Liquid Assets Held Percentage
RegulatoryRequirementMinimumAggregateCustomerBalancesCoveredByEligibleLiquidAssetsHeldPercentage
1
CY2018Q4 pypl Allowance For Negative Customer Balances
AllowanceForNegativeCustomerBalances
215000000 USD
CY2017Q4 pypl Allowance For Negative Customer Balances
AllowanceForNegativeCustomerBalances
174000000 USD
CY2018 us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
MaximumRemainingMaturityOfForeignCurrencyDerivatives1
P18M
CY2018 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Concentrations of risk</span></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;"><br/></span></div>Our cash, cash equivalents, accounts receivable, loans and interest receivable, and funds receivable and customer accounts are potentially subject to concentration of credit risk. Cash, cash equivalents, and customer accounts are placed with financial institutions that management believes are of high credit quality. In addition, funds receivable are generated primarily with financial institutions which management believes are of high credit quality. We invest our cash, cash equivalents, and customer accounts primarily in highly liquid, highly rated instruments which are uninsured. From time to time, we may also have corporate deposit balances with financial services institutions which exceed the Federal Deposit Insurance Corporation (“FDIC”) insurance limit of $250,000. As part of our cash management process, we perform periodic evaluations of the relative credit standing of these financial institutions. Our accounts receivable are derived from revenue earned from customers located in the U.S. and internationally. Our loans and interest receivable are derived from merchant and consumer financing activities for customers located in the U.S. and internationally.
CY2018 us-gaap Advertising Expense
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484000000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
438000000 USD
CY2016 us-gaap Advertising Expense
AdvertisingExpense
350000000 USD
CY2018 us-gaap Capitalized Computer Software Additions
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301000000 USD
CY2017 us-gaap Capitalized Computer Software Additions
CapitalizedComputerSoftwareAdditions
309000000 USD
CY2018 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
262000000 USD
CY2017 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
262000000 USD
CY2016 us-gaap Capitalized Computer Software Amortization1
CapitalizedComputerSoftwareAmortization1
208000000 USD
CY2018 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2018 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1203000000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
1210000000 shares
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15451000000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13094000000 USD
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10842000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15451000000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13094000000 USD
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10842000000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
2057000000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
1795000000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
1401000000 USD
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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1184000000 shares
CY2018 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 acquisition
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000 shares
CY2016 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
8000000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
19000000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
18000000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
8000000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1203000000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
1221000000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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1218000000 shares
CY2018 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.74
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.49
CY2016 us-gaap Earnings Per Share Basic
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1.16
CY2018 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.71
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.47
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.15
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000 shares
CY2018Q4 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
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1
CY2018 us-gaap Business Combination Consideration Transferred1
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2700000000 USD
CY2018Q2 us-gaap Payments To Acquire Businesses Gross
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16000000 USD
CY2018Q2 us-gaap Goodwill
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3000000 USD
CY2017 us-gaap Number Of Businesses Acquired
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2 business
CY2017Q4 us-gaap Business Acquisition Percentage Of Voting Interests Acquired
BusinessAcquisitionPercentageOfVotingInterestsAcquired
1
CY2017 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
420000000 USD
CY2016 us-gaap Number Of Businesses Acquired
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0 business
CY2016Q4 us-gaap Goodwill
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4059000000 USD
CY2017 us-gaap Goodwill Acquired During Period
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276000000 USD
CY2017 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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4000000 USD
CY2017Q4 us-gaap Goodwill
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4339000000 USD
CY2018 us-gaap Goodwill Acquired During Period
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1981000000 USD
CY2018 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-36000000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
6284000000 USD
CY2018 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 acquisition
CY2017 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
2 business
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
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2133000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1308000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
825000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
1330000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1162000000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
168000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
149000000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
126000000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
150000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
213000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
194000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
140000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
74000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
74000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
130000000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
825000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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5907000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
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5158000000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
4183000000 USD
CY2017Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
3630000000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1724000000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1528000000 USD
CY2018 us-gaap Depreciation
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627000000 USD
CY2017 us-gaap Depreciation
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649000000 USD
CY2016 us-gaap Depreciation
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574000000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
10000000 USD
CY2016 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
35000000 USD
CY2018Q4 us-gaap Noncurrent Assets
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1724000000 USD
CY2017Q4 us-gaap Noncurrent Assets
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1528000000 USD
CY2017Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-6000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
4000000 USD
CY2018 us-gaap Reclassification From Aoci Current Period Tax
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0 USD
CY2018 us-gaap Other Comprehensive Income Loss Tax
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4000000 USD
CY2018Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-2000000 USD
CY2016Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-1000000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
-5000000 USD
CY2017 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-5000000 USD
CY2017Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-6000000 USD
CY2015Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-3000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Tax
OtherComprehensiveIncomeLossBeforeReclassificationsTax
2000000 USD
CY2016 us-gaap Reclassification From Aoci Current Period Tax
ReclassificationFromAociCurrentPeriodTax
0 USD
CY2016 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2000000 USD
CY2016Q4 us-gaap Aoci Tax Attributable To Parent
AociTaxAttributableToParent
-1000000 USD
CY2018 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
168000000 USD
CY2017 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
85000000 USD
CY2016 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
59000000 USD
CY2018 us-gaap Interest Expense
InterestExpense
77000000 USD
CY2017 us-gaap Interest Expense
InterestExpense
7000000 USD
CY2016 us-gaap Interest Expense
InterestExpense
3000000 USD
CY2018 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
91000000 USD
CY2017 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5000000 USD
CY2016 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-11000000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
182000000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
73000000 USD
CY2016 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
45000000 USD
CY2018Q4 pypl Funds Receivable And Customer Accounts
FundsReceivableAndCustomerAccounts
20062000000 USD
CY2017Q4 pypl Funds Receivable And Customer Accounts
FundsReceivableAndCustomerAccounts
18242000000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
1070000000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
0 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
14000000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
1056000000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
4169000000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
3000000 USD
CY2017Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
8000000 USD
CY2017Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
4164000000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
1100000000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position
DebtSecuritiesAvailableForSaleUnrealizedLossPosition
2800000000 USD
CY2018Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
895000000 USD
CY2017Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLonger
207000000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
390000000 USD
CY2018Q4 pypl Debt Securities Availableforsale Maturity Allocated And Single Maturity Date After One Through Two Years Fair Value
DebtSecuritiesAvailableforsaleMaturityAllocatedAndSingleMaturityDateAfterOneThroughTwoYearsFairValue
492000000 USD
CY2018Q4 pypl Debt Securities Availableforsale Maturity Allocated And Single Maturity Date After One Through Two Years Fair Value After Two Through Three Years Fair Value
DebtSecuritiesAvailableforsaleMaturityAllocatedAndSingleMaturityDateAfterOneThroughTwoYearsFairValueAfterTwoThroughThreeYearsFairValue
110000000 USD
CY2018Q4 pypl Debt Securities Availableforsale Maturity Allocated And Single Maturity Date After One Through Two Years Fair Value After Three Through Four Years Fair Value
DebtSecuritiesAvailableforsaleMaturityAllocatedAndSingleMaturityDateAfterOneThroughTwoYearsFairValueAfterThreeThroughFourYearsFairValue
57000000 USD
CY2018Q4 pypl Debt Securities Availableforsale Maturity Allocated And Single Maturity Date After One Through Two Years Fair Value After Four Through Five Years Fair Value
DebtSecuritiesAvailableforsaleMaturityAllocatedAndSingleMaturityDateAfterOneThroughTwoYearsFairValueAfterFourThroughFiveYearsFairValue
0 USD
CY2018Q4 pypl Debt Securities Availableforsale Maturity Allocated And Single Maturity Date After One Through Two Years Fair Value After Five Years Fair Value
DebtSecuritiesAvailableforsaleMaturityAllocatedAndSingleMaturityDateAfterOneThroughTwoYearsFairValueAfterFiveYearsFairValue
7000000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDate
1056000000 USD
CY2018Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
293000000 USD
CY2017Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
88000000 USD
CY2017Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
88000000 USD
CY2018 pypl Equity Securities Without Readily Determinable Fair Value Additions Net Of Sales
EquitySecuritiesWithoutReadilyDeterminableFairValueAdditionsNetOfSales
119000000 USD
CY2018 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentAnnualAmount
91000000 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
56000000 USD
CY2018Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2017Q4 us-gaap Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
163000000 USD
CY2017Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
88000000 USD
CY2018Q4 us-gaap Cash
Cash
3900000000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
77000000 USD
CY2018Q4 us-gaap Time Deposits At Carrying Value
TimeDepositsAtCarryingValue
774000000 USD
CY2018Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
293000000 USD
CY2017Q4 us-gaap Cash
Cash
2100000000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
81000000 USD
CY2018 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossAnnualAmount
-5000000 USD
CY2018Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
293000000 USD
CY2018Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentCumulativeAmount
91000000 USD
CY2018Q4 us-gaap Equity Securities Without Readily Determinable Fair Value Impairment Loss Cumulative Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueImpairmentLossCumulativeAmount
-5000000 USD
CY2018 pypl Equity Securities Without Readily Determinable Fair Value Upward Price Adjustment Net Of Impairment Loss Annual Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueUpwardPriceAdjustmentNetOfImpairmentLossAnnualAmount
86000000 USD
CY2018Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
177000000 USD
CY2018 us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
MaximumRemainingMaturityOfForeignCurrencyDerivatives1
P18M
CY2018Q4 us-gaap Foreign Currency Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months
ForeignCurrencyCashFlowHedgeGainLossToBeReclassifiedDuringNext12Months
171000000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
320000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
66000000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
67000000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
218000000 USD
CY2018Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
45000000 USD
CY2017Q4 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
38000000 USD
CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
15451000000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
13094000000 USD
CY2016 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
10842000000 USD
CY2018Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
14534000000 USD
CY2017Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
8308000000 USD
CY2018 pypl Loans Receivable Gross Purchased
LoansReceivableGrossPurchased
8100000000 USD
CY2017 pypl Loans Receivable Gross Purchased
LoansReceivableGrossPurchased
10200000000 USD
CY2018Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
1800000000 USD
CY2017Q4 us-gaap Unused Commitments To Extend Credit
UnusedCommitmentsToExtendCredit
26400000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
664000000 USD
CY2018 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
94000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
124000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
111000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
96000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
81000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
63000000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
189000000 USD
CY2017 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
69000000 USD
CY2016 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
76000000 USD
CY2018Q1 pypl Loss Contingency Number Of Days To File Amended Complaint
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P30D
CY2017Q4 pypl Number Of Customers With Potentially Compromised Information
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1600000 customer
CY2017Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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4999000000 USD
CY2018Q1 us-gaap Treasury Stock Shares Acquired
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10800000 shares
CY2018Q1 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
76.82
CY2018Q1 pypl Payments For Repurchase Of Common Stock Including Cash And Noncash Amounts
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825000000 USD
CY2018Q1 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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4174000000 USD
CY2018Q2 us-gaap Treasury Stock Shares Acquired
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6100000 shares
CY2018Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
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81.33
CY2018Q2 pypl Payments For Repurchase Of Common Stock Including Cash And Noncash Amounts
PaymentsForRepurchaseOfCommonStockIncludingCashAndNoncashAmounts
500000000 USD
CY2018Q2 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
2674000000 USD
CY2018Q3 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6900000 shares
CY2018Q3 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
87.42
CY2018Q3 pypl Payments For Repurchase Of Common Stock Including Cash And Noncash Amounts
PaymentsForRepurchaseOfCommonStockIncludingCashAndNoncashAmounts
600000000 USD
CY2018Q3 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
12074000000 USD
CY2018Q4 pypl Payments For Repurchase Of Common Stock Including Cash And Noncash Amounts
PaymentsForRepurchaseOfCommonStockIncludingCashAndNoncashAmounts
600000000 USD
CY2018Q4 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
7100000 shares
CY2018Q4 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
84.19
CY2016 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
127000000 USD
CY2018Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
883000000 USD
CY2018Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
11474000000 USD
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
43700000 shares
CY2018 pypl Payments For Repurchase Of Common Stock Including Cash And Noncash Amounts
PaymentsForRepurchaseOfCommonStockIncludingCashAndNoncashAmounts
3525000000 USD
CY2018Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
11474000000 USD
CY2018 us-gaap Treasury Stock Shares Retired
TreasuryStockSharesRetired
0 shares
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
871000000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
744000000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
444000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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38000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
24000000 USD
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
13000000 USD
CY2017 pypl Tax Cuts And Jobs Act Of2017 Incomplete Accounting Adjustment To Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingAdjustmentToProvisionalIncomeTaxExpenseBenefit
180000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
154000000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
218000000 USD
CY2018 pypl Income Tax Benefit Net Decrease In Deferred Tax Liability Unremitted Foreign Earnings
IncomeTaxBenefitNetDecreaseInDeferredTaxLiabilityUnremittedForeignEarnings
1295000000 USD
CY2018 pypl Income Tax Expense Net Remeasurement Of Deferred Tax Assets Liabilities Corporate Rate Reduction And Changes In Valuation Allowance
IncomeTaxExpenseNetRemeasurementOfDeferredTaxAssetsLiabilitiesCorporateRateReductionAndChangesInValuationAllowance
5000000 USD
CY2017 pypl Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalIncomeTaxExpenseBenefit
1468000000 USD
CY2017 pypl Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Income Tax Expense Benefit Installment Period
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsIncomeTaxExpenseBenefitInstallmentPeriod
P8Y
CY2017Q4 pypl Tax Cuts And Jobs Act Of2017 Incomplete Accounting Transition Tax For Accumulated Foreign Earnings Provisional Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingTransitionTaxForAccumulatedForeignEarningsProvisionalBenefit
1295000000 USD
CY2017 pypl Tax Cuts And Jobs Act Of2017 Incomplete Accounting Changes In Tax Rate And Valuation Allowance Deferred Tax Asset Liability Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingChangesInTaxRateAndValuationAllowanceDeferredTaxAssetLiabilityProvisionalIncomeTaxExpenseBenefit
7000000 USD
CY2018 pypl Tax Cuts And Jobs Act Of2017 Incomplete Accounting Adjustment To Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingAdjustmentToProvisionalIncomeTaxExpenseBenefit
20000000 USD
CY2018 pypl Tax Cuts And Jobs Act Income Tax Expense Benefit
TaxCutsAndJobsActIncomeTaxExpenseBenefit
200000000 USD
CY2018 pypl Income Tax Expense Net Federal And State Transition Tax
IncomeTaxExpenseNetFederalAndStateTransitionTax
1490000000 USD
CY2018 pypl Tax Cuts And Jobs Act Of2017 Transition Tax For Accumulated Foreign Earnings Income Tax Expense Benefit Installment Period
TaxCutsAndJobsActOf2017TransitionTaxForAccumulatedForeignEarningsIncomeTaxExpenseBenefitInstallmentPeriod
P8Y
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-474000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-593000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-342000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2850000000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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