PayPal Holdings, Inc. Unaudited Condensed Consolidated Balance Sheets December 31, December 31, 2022 2021 (In millions, except par value) ASSETS Current assets: Cash and cash equivalents $ 7,776 $ 5,197 Short-term investments 3,092 4,303 Accounts receivable, net 963 800 Loans and interest receivable, net 7,431 4,846 Funds receivable and customer accounts 36,357 36,141 Prepaid expenses and other current assets 1,898 1,287 Total current assets 57,517 52,574 Long-term investments 5,018 6,797 Property and equipment, net 1,730 1,909 Goodwill 11,209 11,454 Intangible assets, net 788 1,332 Other assets 2,455 1,737 Total assets $ 78,717 $ 75,803 LIABILITIES AND EQUITY Current liabilities: Accounts payable $ 126 $ 197 Funds payable and amounts due to customers 40,107 38,841 Accrued expenses and other current liabilities 4,055 3,755 Income taxes payable 813 236 Total current liabilities 45,101 43,029 Deferred tax liability and other long-term liabilities 2,925 2,998 Long-term debt 10,417 8,049 Total liabilities 58,443 54,076 Equity: Common stock, $0.0001 par value; 4,000 shares authorized; 1,136 and 1,168 shares — — outstanding as of December 31, 2022 and December 31, 2021, respectively Preferred stock, $0.0001 par value; 100 shares authorized, unissued — — Treasury stock at cost, 173 and 132 shares as of December 31, 2022 and 2021, respectively (16,079) (11,880) Additional paid-in-capital 18,327 17,208 Retained earnings 18,954 16,535 Accumulated other comprehensive income (loss) (928) (136) Total equity 20,274 21,727 Total liabilities and equity $ 78,717 $ 75,803 Q4 & FY 2022 Results 10