PayPal Holdings Inc
For the period ended Dec 31, 2024. Filed Feb 4, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 4, 2025
PYPL$60.05+1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| As of December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| (In millions, except par value) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $6,561 | $9,081 |
| Short-term investments | 4,262 | 4,979 |
| Accounts receivable, net | 984 | 1,069 |
| Loans and interest receivable, held for sale | 541 | 563 |
| Loans and interest receivable, net of allowances of $461 and $540 as of December 31, 2024 and 2023, respectively | 6,422 | 5,433 |
| Funds receivable and customer accounts | 37,671 | 38,935 |
| Prepaid expenses and other current assets | 4,651 | 2,509 |
| Total current assets | 61,092 | 62,569 |
| Long-term investments | 4,583 | 3,273 |
| Property and equipment, net | 1,508 | 1,488 |
| Goodwill | 10,837 | 11,026 |
| Intangible assets, net | 326 | 537 |
| Other assets | 3,265 | 3,273 |
| Total assets | $81,611 | $82,166 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $227 | $139 |
| Funds payable and amounts due to customers | 39,671 | 41,935 |
| Accrued expenses and other current liabilities | 8,478 | 6,392 |
| Total current liabilities | 48,376 | 48,466 |
| Other long-term liabilities | 2,939 | 2,973 |
| Long-term debt | 9,879 | 9,676 |
| Total liabilities | 61,194 | 61,115 |
| Commitments and contingencies (Note 13) | ||
| Equity: | ||
| Common stock, $0.0001 par value; 4,000 shares authorized; 993 and 1,072 shares outstanding as of December 31, 2024 and 2023, respectively | — | — |
| Preferred stock, $0.0001 par value; 100 shares authorized, unissued | — | — |
| Treasury stock at cost, 337 and 245 shares as of December 31, 2024 and 2023, respectively | (27,085) | (21,045) |
| Additional paid-in-capital | 20,705 | 19,642 |
| Retained earnings | 27,347 | 23,200 |
| Accumulated other comprehensive income (loss) | (550) | (746) |
| Total equity | 20,417 | 21,051 |
| Total liabilities and equity | $81,611 | $82,166 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.