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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Net revenues        
Net revenues $ 1,954 $ 1,282 $ 5,674 $ 4,503
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Product development 274 210 802 702
Sales and marketing 238 182 722 580
General and administrative 186 177 529 527
Restructuring and related costs 9 24 39 104
Total costs and expenses 1,176 1,035 3,535 3,350
Operating income 778 247 2,139 1,153
Interest and other expense (income), net (Note 12) 25 (2) 55 (33)
Loss on extinguishment of debt 31 0 31 0
Income before income tax expense 722 249 2,053 1,186
Income tax expense 118 45 365 208
Net income $ 604 $ 204 $ 1,688 $ 978
Earnings per common share        
Basic (in dollars per share) $ 0.78 $ 0.27 $ 2.19 $ 1.28
Diluted (in dollars per share) $ 0.78 $ 0.26 $ 2.17 $ 1.27
Weighted-average number of shares outstanding        
Basic (in shares) 772 767 771 766
Diluted (in shares) 779 771 777 770
Product sales        
Net revenues        
Net revenues $ 408 $ 260 $ 1,484 $ 1,276
Product costs        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 101 137 357 388
Software royalties, amortization, and intellectual property licenses        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 37 9 152 171
Subscription, licensing, and other revenues        
Net revenues        
Net revenues 1,546 1,022 4,190 3,227
Game operations and distribution costs        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 290 246 819 714
Software royalties, amortization, and intellectual property licenses        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues $ 41 $ 50 $ 115 $ 164