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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net revenues        
Net revenues $ 1,282 $ 1,512 $ 4,503 $ 5,119
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Product development 210 263 702 776
Sales and marketing 182 263 580 741
General and administrative 177 208 527 623
Restructuring and related costs 24 0 104 0
Total costs and expenses 1,035 1,247 3,350 3,825
Operating income 247 265 1,153 1,294
Interest and other expense (income), net (Note 15) (2) 13 (33) 67
Loss on extinguishment of debt 0 40 0 40
Income before income tax expense (benefit) 249 212 1,186 1,187
Income tax expense (benefit) 45 (48) 208 25
Net income $ 204 $ 260 $ 978 $ 1,162
Earnings per common share        
Basic (in dollars per share) $ 0.27 $ 0.34 $ 1.28 $ 1.53
Diluted (in dollars per share) $ 0.26 $ 0.34 $ 1.27 $ 1.51
Weighted-average number of shares outstanding        
Basic (in shares) 767 763 766 761
Diluted (in shares) 771 771 770 771
Product sales        
Net revenues        
Net revenues $ 260 $ 263 $ 1,276 $ 1,447
Product costs        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 137 127 388 416
Software royalties, amortization, and intellectual property licenses        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 9 20 171 214
Subscription, licensing, and other revenues        
Net revenues        
Net revenues 1,022 1,249 3,227 3,672
Game operations and distribution costs        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 246 257 714 777
Software royalties, amortization, and intellectual property licenses        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues $ 50 $ 109 $ 164 $ 278