PayPal Holdings Inc
For the period ended Jun 30, 2024. Filed Jul 30, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Jul 30, 2024
PYPL$58.78-2.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Stockholders’ Equity
| Common StockShares | Treasury Stock | Additional Paid-In Capital | Accumulated OtherComprehensive Income (Loss) | Retained Earnings | Total Equity | |
|---|---|---|---|---|---|---|
| (In millions) | ||||||
| (Unaudited) | ||||||
| Balances at December 31, 2023 | 1,072 | $(21,045) | $19,642 | $(746) | $23,200 | $21,051 |
| Net income | — | — | — | — | 888 | 888 |
| Foreign CTA | — | — | — | (143) | — | (143) |
| Net investment hedges CTA gains, net | — | — | — | 99 | — | 99 |
| Tax expense on net investment hedges CTA gains, net | — | — | — | (23) | — | (23) |
| Unrealized gains on cash flow hedges, net | — | — | — | 96 | — | 96 |
| Tax expense on unrealized gains on cash flow hedges, net | — | — | — | (5) | — | (5) |
| Unrealized gains on available-for-sale debt securities, net | — | — | — | 83 | — | 83 |
| Tax expense on unrealized gains on available-for-sale debt securities, net | — | — | — | (20) | — | (20) |
| Common stock and stock-based awards issued, net of shares withheld for employee taxes | 6 | — | (193) | — | — | (193) |
| Common stock repurchased | (25) | (1,511) | — | — | — | (1,511) |
| Treasury stock reissuance | — | 4 | — | — | — | 4 |
| Stock-based compensation | — | — | 376 | — | — | 376 |
| Balances at March 31, 2024 | 1,053 | $(22,552) | $19,825 | $(659) | $24,088 | $20,702 |
| Net income | — | — | — | — | 1,128 | 1,128 |
| Foreign CTA | — | — | — | (125) | — | (125) |
| Net investment hedges CTA gains, net | — | — | — | 100 | — | 100 |
| Tax expense on net investment hedges CTA gains, net | — | — | — | (24) | — | (24) |
| Unrealized gains on cash flow hedges, net | — | — | — | 3 | — | 3 |
| Unrealized gains on available-for-sale debt securities, net | — | — | — | 15 | — | 15 |
| Tax expense on unrealized gains on available-for-sale-debt securities, net | — | — | — | (3) | — | (3) |
| Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes | 3 | — | 13 | — | — | 13 |
| Common stock repurchased | (24) | (1,516) | — | — | — | (1,516) |
| Treasury stock reissuance | — | 4 | — | — | — | 4 |
| Stock-based compensation | — | — | 325 | — | — | 325 |
| Balances at June 30, 2024 | 1,032 | $(24,064) | $20,163 | $(693) | $25,216 | $20,622 |
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY—(continued)
| Common Stock Shares | Treasury Stock | Additional Paid-In Capital | Accumulated OtherComprehensive Income (Loss) | Retained Earnings | Total Equity | |
|---|---|---|---|---|---|---|
| (In millions) | ||||||
| (Unaudited) | ||||||
| Balances at December 31, 2022 | 1,136 | $(16,079) | $18,327 | $(928) | $18,954 | $20,274 |
| Net income | — | — | — | — | 795 | 795 |
| Foreign CTA | — | — | — | (20) | — | (20) |
| Net investment hedges CTA gains, net | — | — | — | 27 | — | 27 |
| Tax expense on net investment hedges CTA gains, net | — | — | — | (6) | — | (6) |
| Unrealized losses on cash flow hedges, net | — | — | — | (111) | — | (111) |
| Tax benefit on unrealized losses on cash flow hedges, net | — | — | — | 6 | — | 6 |
| Unrealized gains on available-for-sale debt securities, net | — | — | — | 175 | — | 175 |
| Tax expense on unrealized gains on available-for-sale debt securities, net | — | — | — | (41) | — | (41) |
| Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes | 5 | — | (157) | — | — | (157) |
| Common stock repurchased | (19) | (1,443) | — | — | — | (1,443) |
| Stock-based compensation | — | — | 359 | — | — | 359 |
| Balances at March 31, 2023 | 1,122 | $(17,522) | $18,529 | $(898) | $19,749 | $19,858 |
| Net income | — | — | — | — | 1,029 | 1,029 |
| Foreign CTA | — | — | — | (216) | — | (216) |
| Net investment hedges CTA gains, net | — | — | — | 169 | — | 169 |
| Tax expense on net investment hedges CTA gains, net | — | — | — | (39) | — | (39) |
| Unrealized losses on cash flow hedges, net | — | — | — | (23) | — | (23) |
| Tax benefit on unrealized losses on cash flow hedges, net | — | — | — | 1 | — | 1 |
| Unrealized gains on available-for-sale-debt securities, net | — | — | — | 13 | — | 13 |
| Tax expense on unrealized gains on available-for-sale-debt securities, net | — | — | — | (3) | — | (3) |
| Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes | 2 | — | 39 | — | — | 39 |
| Common stock repurchased | (22) | (1,542) | — | — | — | (1,542) |
| Stock-based compensation | — | — | 375 | — | — | 375 |
| Balances at June 30, 2023 | 1,102 | $(19,064) | $18,943 | $(996) | $20,778 | $19,661 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.