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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net revenues $ 2,606 $ 2,083 $ 7,403 $ 6,400
Cost of net revenues 656 530 1,731 1,580
Gross profit 1,950 1,553 5,672 4,820
Operating expenses:        
Sales and marketing 660 577 1,835 1,731
Product development 287 243 788 735
General and administrative 258 250 750 756
Provision for transaction losses 60 68 245 194
Amortization of acquired intangible assets 6 7 20 21
Total operating expenses 1,271 1,145 3,638 3,437
Income from operations 679 408 2,034 1,383
Interest and other, net 95 (142) 277 (128)
Income from continuing operations before income taxes 774 266 2,311 1,255
Income tax provision (153) (56) (550) (208)
Income from continuing operations 621 210 1,761 1,047
Income from discontinued operations, net of income taxes 43 100 3,061 183
Net income $ 664 $ 310 $ 4,822 $ 1,230
Income per share - basic:        
Continuing operations (in usd per share) $ 0.89 $ 0.25 $ 2.46 $ 1.21
Discontinued operations (in usd per share) 0.06 0.12 4.26 0.22
Net income per share - basic (in usd per share) 0.95 0.37 6.72 1.43
Income per share - diluted:        
Continuing operations (in usd per share) 0.88 0.25 2.43 1.20
Discontinued operations (in usd per share) 0.06 0.12 4.22 0.22
Net income per share - diluted (in usd per share) $ 0.94 $ 0.37 $ 6.65 $ 1.42
Weighted-average shares:        
Basic (in shares) 696 830 717 863
Diluted (in shares) 708 837 725 870