Treasury stock is recorded in the shareholder's equity section of a balance sheet as a contra-equity account, meaning it reduces the total shareholders' equity by the amount paid for the stock.

Fully diluted shares include all possible converted equity instruments ... of shares held in the company's treasury. If a company buys back its own stock, those repurchased shares are called ...

Alternatively, the company can record it as a contra-equity account on its balance sheet, which then becomes the treasury stock we are talking about here for PYPL. Specifically, for PYPL ...