SEC Info - Ebay Inc - ‘10-K’ for 12/31/19

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.29M 
 2: EX-4.15     Instrument Defining the Rights of Security Holders  HTML    182K 
 3: EX-21.01    List of Subsidiaries                                HTML     36K 
 4: EX-23.01    Pricewaterhousecoopers LLP Consent                  HTML     33K 
 5: EX-31.01    Certification of Registrant's CEO as Required by    HTML     38K 
                Section 302                                                      
 6: EX-31.02    Certification of Registrant's CFO as Required by    HTML     38K 
                Section 302                                                      
 7: EX-32.01    Certification of Registrant's CEO as Required by    HTML     32K 
                Section 906                                                      
 8: EX-32.02    Certification of Registrant's CFO as Required by    HTML     32K 
                Section 906                                                      
78: R1          Cover Page                                          HTML     98K 
31: R2          Consolidated Balance Sheet                          HTML    128K 
46: R3          Consolidated Balance Sheet (Parentheticals)         HTML     40K 
110: R4          Consolidated Statement of Income                    HTML    117K  
77: R5          Consolidated Statement of Comprehensive Income      HTML     67K 
30: R6          Consolidated Statement of Stockholders' Equity      HTML    111K 
45: R7          Consolidated Statement of Cash Flows                HTML    168K 
112: R8          The Company and Summary of Significant Accounting   HTML     98K  
                Policies                                                         
75: R9          Net Income (loss) Per Share                         HTML     71K 
102: R10         Business Combinations                               HTML     45K  
66: R11         Goodwill and Intangible Assets                      HTML    104K 
25: R12         Segments                                            HTML    111K 
39: R13         Investments                                         HTML    119K 
101: R14         Derivative Instruments                              HTML    140K  
64: R15         Fair Value Measurement of Assets and Liabilities    HTML    130K 
24: R16         Balance Sheet Components                            HTML     65K 
38: R17         Debt                                                HTML    156K 
100: R18         Leases                                              HTML    155K  
67: R19         Commitments and Contingencies                       HTML     46K 
22: R20         Stockholders' Equity                                HTML     54K 
61: R21         Employee Benefit Plans                              HTML     79K 
97: R22         Income Taxes                                        HTML    156K 
88: R23         Interest and Other, Net                             HTML     48K 
20: R24         Accumulated Other Comprehensive Income              HTML    110K 
60: R25         Restructuring                                       HTML     39K 
96: R26         Supplementary Data - Quarterly Financial Data -     HTML    136K 
                Unaudited                                                        
87: R27         Financial Statement Schedule                        HTML     82K 
23: R28         The Company and Summary of Significant Accounting   HTML    147K 
                Policies (Policies)                                              
59: R29         Net Income (loss) Per Share (Tables)                HTML     71K 
40: R30         Business Combinations (Tables)                      HTML     40K 
27: R31         Goodwill and Intangible Assets (Tables)             HTML    107K 
62: R32         Segments (Tables)                                   HTML    113K 
98: R33         Investments (Tables)                                HTML    116K 
41: R34         Derivative Instruments (Tables)                     HTML    130K 
28: R35         Fair Value Measurement of Assets and Liabilities    HTML    130K 
                (Tables)                                                         
63: R36         Balance Sheet Components (Tables)                   HTML     69K 
99: R37         Debt (Tables)                                       HTML    139K 
42: R38         Leases (Tables)                                     HTML    114K 
26: R39         Stockholders' Equity (Tables)                       HTML     47K 
52: R40         Employee Benefit Plans (Tables)                     HTML     64K 
15: R41         Income Taxes (Tables)                               HTML    149K 
85: R42         Interest and Other, Net (Tables)                    HTML     48K 
94: R43         Accumulated Other Comprehensive Income (Tables)     HTML    112K 
53: R44         Restructuring (Tables)                              HTML     38K 
16: R45         Supplementary Data - Quarterly Financial Data -     HTML    135K 
                Unaudited (Tables)                                               
86: R46         The Company and Summary of Significant Accounting   HTML     90K 
                Policies (Details)                                               
95: R47         The Company and Summary of Significant Accounting   HTML     37K 
                Policies Leases (Details)                                        
54: R48         Net Income (loss) Per Share (Details)               HTML     96K 
14: R49         Business Combinations - Acquisition Activity        HTML     56K 
                (Details)                                                        
32: R50         Goodwill and Intangible Assets - Goodwill Balances  HTML     46K 
                and Adjustments (Details)                                        
47: R51         Goodwill and Intangible Assets - Intangible Assets  HTML     57K 
                (Details)                                                        
111: R52         Goodwill and Intangible Assets - Expected Future    HTML     45K  
                Intangible Asset Amortization (Details)                          
79: R53         Segments (Details)                                  HTML    107K 
29: R54         Investments - Available-For-Sale Securities         HTML     78K 
                (Details)                                                        
44: R55         Investments - Narrative (Details)                   HTML     74K 
109: R56         Investments - Equity Investments (Details)          HTML     37K  
76: R57         Investments - Carrying Value of Equity Investments  HTML     41K 
                Without Readily Determinable Fair Values (Details)               
33: R58         Derivative Instruments - Additional Information     HTML     94K 
                (Details)                                                        
43: R59         Derivative Instruments - Fair Value of Derivative   HTML     64K 
                Instruments (Details)                                            
93: R60         Derivative Instruments - Effect of Derivative       HTML     43K 
                Contracts on Accumulated Other Comprehensive                     
                Income (Details)                                                 
82: R61         Derivative Instruments - Effect of Derivative       HTML     57K 
                Contracts on Condensed Consolidated Financial                    
                Information (Details)                                            
19: R62         Derivative Instruments - Notional Amount of         HTML     44K 
                Derivatives Outstanding (Details)                                
57: R63         Fair Value Measurement of Assets and Liabilities    HTML    112K 
                (Details)                                                        
90: R64         Balance Sheet Components - Other Current Assets     HTML     35K 
                (Details)                                                        
80: R65         Balance Sheet Components - Property, Plant and      HTML     55K 
                Equipment (Details)                                              
17: R66         Balance Sheet Components - Accrued Expense and      HTML     50K 
                Other Current Liabilities (Details)                              
55: R67         Debt - Carrying Value of Outstanding Debt           HTML    112K 
                (Details)                                                        
89: R68         Debt - Senior Notes (Details)                       HTML     86K 
83: R69         Debt - Other Indebtedness (Details)                 HTML     69K 
71: R70         Debt - Expected Future Maturities of Long Term      HTML     52K 
                Debt (Details)                                                   
103: R71         Leases - Summary of Leases by Balance Sheet         HTML     49K  
                Location (Details)                                               
48: R72         Leases - Summary of Lease Costs (Details)           HTML     40K 
34: R73         Leases - Summary of Operating and Finance Lease     HTML     74K 
                Maturities (Details)                                             
74: R74         Leases Summary of Future Minimum Rental Payments    HTML     50K 
                (Details)                                                        
106: R75         Leases - Summary of Lease Terms and Discount Rate   HTML     36K  
                (Details)                                                        
51: R76         Leases - Summary of Supplemental Cash Flow          HTML     45K 
                Information (Details)                                            
37: R77         Commitments and Contingencies - Schedule of         HTML     33K 
                Commitments (Details)                                            
69: R78         Stockholders' Equity - Additional Information       HTML     61K 
                (Details)                                                        
107: R79         Stockholders' Equity - Summary of Repurchase        HTML     52K  
                Activity (Details)                                               
72: R80         Employee Benefit Plans - Additional Information     HTML    112K 
                (Details)                                                        
104: R81         Employee Benefit Plans - Restricted Stock Units     HTML     63K  
                (Details)                                                        
49: R82         Employee Benefit Plans - Stock Based Compensation   HTML     49K 
                Expense (Details)                                                
35: R83         Income Taxes - Components of Pretax Income and      HTML     71K 
                Provision for Income Taxes (Details)                             
73: R84         Income Taxes - Income Tax Reconciliation (Details)  HTML     70K 
105: R85         Income Taxes - Deferred Tax Assets and Deferred     HTML     71K  
                Tax Liabilities (Details)                                        
50: R86         Income Taxes - Tax Credit Carryforwards (Details)   HTML     91K 
36: R87         Income Taxes - Changes Unrecognized Tax Benefits    HTML     43K 
                (Details)                                                        
70: R88         Income Taxes - Unrecognized Tax Benefits -          HTML     46K 
                Additional Information (Details)                                 
108: R89         Interest and Other, Net (Details)                   HTML     65K  
92: R90         Accumulated Other Comprehensive Income (Details)    HTML     84K 
81: R91         Accumulated Other Comprehensive Income -            HTML     79K 
                Reclassifications Out of Accumulated Other                       
                Comprehensive Income (Details)                                   
18: R92         Restructuring (Details)                             HTML     41K 
56: R93         Supplementary Data - Quarterly Financial Data -     HTML     96K 
                Unaudited (Details)                                              
91: R94         Financial Statement Schedule (Details)              HTML     49K 
68: XML         IDEA XML File -- Filing Summary                      XML    203K 
84: XML         XBRL Instance -- ebay201910-k_htm                    XML   4.58M 
58: EXCEL       IDEA Workbook of Financial Reports                  XLSX    136K 
10: EX-101.CAL  XBRL Calculations -- ebay-20191231_cal               XML    387K 
11: EX-101.DEF  XBRL Definitions -- ebay-20191231_def                XML   1.08M 
12: EX-101.LAB  XBRL Labels -- ebay-20191231_lab                     XML   2.61M 
13: EX-101.PRE  XBRL Presentations -- ebay-20191231_pre              XML   1.60M 
 9: EX-101.SCH  XBRL Schema -- ebay-20191231                         XSD    231K 
65: JSON        XBRL Instance as JSON Data -- MetaLinks              551±   817K 
21: ZIP         XBRL Zipped Folder -- 0001065088-20-000006-xbrl      Zip    601K

‘R15’ — Fair Value Measurement of Assets and Liabilities

This is an IDEA Financial Report. [ Alternative Formats ]

Fair Value Measurement of Assets and Liabilities

12 Months Ended

Dec. 31, 2019

Fair Value Disclosures [Abstract]

Fair Value Measurement of Assets and Liabilities

The following tables present our financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2019 and 2018 (in millions):



	December 31, 2019		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash and cash equivalents	$	975	$	975	$	—	$	—
Short-term investments:
Restricted cash	21		21		—		—
Corporate debt securities	1,654		—		1,654		—
Government and agency securities	175		—		175		—
Total short-term investments	1,850		21		1,829		—
Derivatives	349		—		68		281
Long-term investments:
Corporate debt securities	961		—		961		—
Total long-term investments	961		—		961		—
Total financial assets	$	4,135	$	996	$	2,858	$	281

Liabilities:
Derivatives	$	25	$	—	$	25	$	—



	December 31, 2018		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Assets:
Cash and cash equivalents	$	2,202	$	2,052	$	150	$	—
Short-term investments:
Restricted cash	17		17		—		—
Corporate debt securities	2,606		—		2,606		—
Government and agency securities	90		—		90		—
Total short-term investments	2,713		17		2,696		—
Derivatives	262		—		114		148
Long-term investments:
Corporate debt securities	3,635		—		3,635		—
Total long-term investments	3,635		—		3,635		—
Total financial assets	$	8,812	$	2,069	$	6,595	$	148

Liabilities:
Derivatives	$	48	$	—	$	48	$	—

Our financial assets and liabilities are valued using market prices on both active markets (Level 1), less active markets (Level 2) and little or no market activity (Level 3). Level 1 instrument valuations are obtained from real-time quotes for transactions in active exchange markets involving identical assets. Level 2 instrument valuations are obtained from readily available pricing sources for comparable instruments, identical instruments in less active markets, or models using market observable inputs. Level 3 instrument valuations typically reflect management’s estimate of assumptions that market participants would use in pricing the asset or liability. We did not have any transfers of financial instruments between valuation levels during 2019 or 2018.

The majority of our derivative instruments are valued using pricing models that take into account the contract terms as well as multiple inputs where applicable, such as equity prices, interest rate yield curves, option volatility and currency rates. Our warrant, which is accounted for as a derivative instrument, is valued using a Black-Scholes model. Key assumptions used in the valuation include risk-free interest rates; Adyen’s common stock price, equity volatility and common stock outstanding; exercise price; and details specific to the warrant. The value is also probability adjusted for management assumptions with respect to meeting the processing volume milestone targets. These assumptions and the probability of meeting processing volume milestone targets may have a significant impact on the value of the warrant. Refer to “Note 7 – Derivative Instruments” for further details on our derivative instruments.

Other financial instruments, including accounts receivable and accounts payable, are carried at cost, which approximates their fair value because of the short-term nature of these instruments.

The following table presents a reconciliation of the opening to closing balance of assets measured using significant unobservable inputs (Level 3) as of December 31, 2019 (in millions):



	December 31, 2019		December 31, 2018
Opening balance as of January 1, 2019	$	148	$	—
Recognition of warrant	—		44
Change in fair value	133		104
Closing balance as of December 31, 2019	$	281	$	148

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Dates Referenced Herein and Documents Incorporated by Reference

This ‘10-K’ Filing	Date	Other Filings

Filed on:	1/31/20
For Period end:	12/31/19	10-K/A
	1/1/19
	12/31/18	10-K
		List all Filings

3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 9/30/22  eBay Inc.                         S-8         9/30/22    5:100K                                   2ENGAGE/FA
 2/24/22  eBay Inc.                         10-K       12/31/21  142:19M
 2/04/21  eBay Inc.                         10-K       12/31/20  134:17M

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Filing Submission 0001065088-20-000006 – Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

Ebay Inc – ‘10-K’ for 12/31/19 – ‘R15’

On: Friday, 1/31/20, at 4:53pm ET · For: 12/31/19 · Accession #: 1065088-20-6 · File #: 1-37713

Previous ‘10-K’: ‘10-K’ on 1/30/19 for 12/31/18 · Next: ‘10-K/A’ on 4/29/20 for 12/31/19 · Latest: ‘10-K’ on 2/28/24 for 12/31/23 · 3 References:

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

‘R15’ — Fair Value Measurement of Assets and Liabilities

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

3 Subsequent Filings that Reference this Filing

Ebay Inc – ‘10-K’ for 12/31/19 – ‘R15’

On: Friday, 1/31/20, at 4:53pm ET · For: 12/31/19 · Accession #: 1065088-20-6 · File #: 1-37713

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34Filing Table of Contents

‘R15’ — Fair Value Measurement of Assets and Liabilities

This is an IDEA Financial Report. [ Alternative Formats ]

Dates Referenced Herein and Documents Incorporated by Reference

3 Subsequent Filings that Reference this Filing

Annual Report — Form 10-K — Sect. 13 / 15(d) – SEA’34
Filing Table of Contents