Share-Based Payments (Tables)

12 Months Ended

Dec. 31, 2019

Share-based Payment Arrangement [Abstract]

Schedule of stock option valuation assumptions and weighted-average grant date fair value

The following table presents the weighted-average assumptions, weighted average grant date fair value, and the range of expected stock price volatilities:

	Employee and Director Options
	For the Years Ended December 31,
	2019			2018			2017
Expected life (in years)	7.85			7.64			7.01
Volatility	30.00		%	32.37		%	35.00		%
Risk free interest rate	1.90		%	3.10		%	2.14		%
Dividend yield	0.76		%	0.61		%	0.50		%
Weighted-average grant date fair value	$	17.12		$	21.03		$	21.11
Stock price volatility range:
Low	30.00		%	31.72		%	28.19		%
High	38.17		%	36.73		%	35.00		%

Schedule of stock option activity

Stock option activity is as follows:

	Number of Shares (in thousands)		Weighted-average exercise price		Weighted-average remaining contractual term (in years)	Aggregate intrinsic value (in millions)
Outstanding stock options at December 31, 2018	17,137		$	39.73
Granted	3,992		49.14
Exercised	(3,847	)	27.31
Forfeited	(2,852	)	46.19
Expired	(401	)	46.63
Outstanding stock options at December 31, 2019	14,029		$	44.31	7.47	$	221
Vested and expected to vest at December 31, 2019	13,360		$	43.90	7.39	$	216
Exercisable at December 31, 2019	5,988		$	34.32	5.56	$	152

Schedule of restricted stock units activity

The following table summarizes our RSU activity with performance-based RSUs presented at the maximum potential shares that could be earned and issued at vesting (amounts in thousands except per share amounts):

	Number of shares		Weighted- Average Grant Date Fair Value
Unvested RSUs at December 31, 2018	10,623		$	40.39
Granted	4,426		45.55
Vested	(2,758	)	47.86
Forfeited	(2,963	)	54.61
Unvested RSUs at December 31, 2019	9,328		$	32.60

Schedule of share-based compensation expense

The following table sets forth the total share-based compensation expense included in our consolidated statements of operations (amounts in millions):

	For the Years Ended December 31,
	2019			2018			2017
Cost of revenues—product sales: Software royalties, amortization, and intellectual property licenses	$	19		$	13		$	10
Cost of revenues—subscription, licensing, and other revenues: Game Operations and Distribution Costs	1			2			1
Cost of revenues—subscription, licensing, and other revenues: Software royalties, amortization, and intellectual property licenses	1			3			3
Product development	53			61			57
Sales and marketing	10			15			15
General and administrative	82			115			92
Share-based compensation expense before income taxes	166			209			178
Income tax benefit	(29		)	(46		)	(34		)
Total share-based compensation expense, net of income tax benefit	$	137		$	163		$	144