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FX-neutral results are calculated by translating the current period local currency results by the prior period exchange rate. Specifically, the company believes the non-GAAP measures provide useful information to both management and investors by excluding certain expenses, gains and losses, as the case may be, that may not be indicative of its core operating results and business outlook. FX-neutral results are calculated by translating the current period local currency results by the prior period exchange rate. As a result, certain amounts and rates may not sum or recalculate using the rounded dollar amounts provided.This press release includes financial measures defined as "non-GAAP financial measures" by the This press release contains forward-looking statements relating to, among other things, the future results of operations, financial condition, expectations, and plans of More information about factors that could adversely affect Copyright © 1999-2020 PayPal. Full year 2019 revenue and earnings guidance. Deferred tax liability and other long-term liabilitiesCommon stock, $0.0001 par value; 4,000 shares authorized; 1,173 and 1,174 shares outstanding as of December 31, 2019 and 2018, respectivelyPreferred stock, $0.0001 par value; 100 shares authorized, unissuedTreasury stock at cost, 105 and 91 shares as of December 31, 2019 and 2018, respectivelyCost basis adjustments to loans and interest receivable held for saleChanges in loans and interest receivable held for sale, netAcquisitions, net of cash and restricted cash acquiredNet cash (used in) provided by investing activitiesTax withholdings related to net share settlements of equity awardsNet cash (used in) provided by financing activitiesEffect of exchange rate changes on cash, cash equivalents, and restricted cashNet change in cash, cash equivalents, and restricted cashCash, cash equivalents, and restricted cash at beginning of periodCash, cash equivalents, and restricted cash at end of periodWe earn revenue from the following types of transactions: Amounts in the table are rounded to the nearest million, except as otherwise noted. Please see "Non-GAAP Financial Measures" and "Non-GAAP Measures of Financial Performance" for important additional information.All growth rates represent year-over-year comparisons, except as otherwise noted. Deferred tax liability and other long-term liabilitiesCommon stock, $0.0001 par value; 4,000 shares authorized; 1,174 shares outstanding as of both September 30, 2019 and December 31, 2018Preferred stock, $0.0001 par value; 100 shares authorized, unissuedTreasury stock at cost, 102 and 91 shares as of September 30, 2019 and December 31, 2018, respectivelyCost basis adjustments to loans and interest receivable held for saleChanges in loans and interest receivable held for sale, netAcquisitions, net of cash and restricted cash acquiredNet cash provided by (used in) investing activitiesTax withholdings related to net share settlements of equity awardsEffect of exchange rate changes on cash, cash equivalents, and restricted cashNet change in cash, cash equivalents, and restricted cashCash, cash equivalents, and restricted cash at beginning of periodCash, cash equivalents, and restricted cash at end of periodWe earn revenue from the following types of transactions:Amounts in the table are rounded to the nearest million, except as otherwise noted.

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