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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net revenues $ 2,865 $ 2,423 $ 5,239 $ 4,836
Cost of net revenues 598 553 1,124 1,092
Gross profit 2,267 1,870 4,115 3,744
Operating expenses:        
Sales and marketing 716 688 1,323 1,335
Product development 308 295 575 567
General and administrative 320 256 554 540
Provision for transaction losses 93 63 195 130
Amortization of acquired intangible assets 9 10 18 21
Total operating expenses 1,446 1,312 2,665 2,593
Income from operations 821 558 1,450 1,151
Interest and other, net 182 (51) 184 13
Income from continuing operations before income taxes 1,003 507 1,634 1,164
Income tax provision (263) (107) (409) (248)
Income from continuing operations 740 400 1,225 916
Income from discontinued operations, net of income taxes 6 2 2,933 4
Net income $ 746 $ 402 $ 4,158 $ 920
Income per share - basic:        
Continuing operations (in usd per share) $ 1.05 $ 0.47 $ 1.68 $ 1.04
Discontinued operations (in usd per share) 0.01 0 4.03 0.01
Net income per share - basic (in usd per share) 1.06 0.47 5.71 1.05
Income per share - diluted:        
Continuing operations (in usd per share) 1.04 0.46 1.67 1.03
Discontinued operations (in usd per share) 0.01 0 4.00 0.01
Net income per share - diluted (in usd per share) $ 1.05 $ 0.46 $ 5.67 $ 1.04
Weighted-average shares:        
Basic (in shares) 703 860 728 880
Diluted (in shares) 711 867 734 887