PARTIV Note8—FundsReceivableandCustomerAccountsandInvestments PayPalHoldings,Inc. NotestoConsolidatedFinancialStatements—(Continued) Note8—FundsReceivableandCustomerAccountsandInvestments The following table summarizes the assets underlying our funds receivable and customer accounts, short-term investments,andlong-terminvestmentsasofDecember31,2022and2021: December31, December31, 2022 2021 (In millions) Fundsreceivableandcustomeraccounts: Cashandcashequivalents $ 11,363 $ 12,723 Timedeposits 95 334 Available-for-saledebt securities 17,349 18,336 Fundsreceivable 7,550 4,748 TOTALFUNDSRECEIVABLEANDCUSTOMERACCOUNTS $ 36,357 $ 36,141 Short-terminvestments: Timedeposits $ 482 $ 590 Available-for-saledebt securities 2,593 3,604 Restrictedcash 17 109 TOTALSHORT-TERMINVESTMENTS $ 3,092 $ 4,303 Long-terminvestments: Timedeposits $55$45 Available-for-saledebt securities 2,817 3,545 Strategic investments 2,146 3,207 TOTALLONG-TERMINVESTMENTS $ 5,018 $ 6,797 84 •2022AnnualReport