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Operating Segments and Geographic Regions (Tables)
 9 Months Ended
Sep. 30, 2021
Segment Reporting [Abstract]  
Schedule of Operating Segments and Reconciliations of Total Net Revenues and Total Segment Operating Income to Consolidated Net Revenues from External Customers and Consolidated Income Before Income Tax Expense
Information on reportable segment net revenues and operating income for the three months ended September 30, 2021 and 2020, are presented below (amounts in millions):

Three Months Ended September 30, 2021
ActivisionBlizzardKingTotal
Segment Revenues
Net revenues from external customers$641 $478 $652 $1,771 
Intersegment net revenues (1)— 15 — 15 
Segment net revenues$641 $493 $652 $1,786 
Segment operating income$244 $188 $303 $735 
Three Months Ended September 30, 2020
ActivisionBlizzardKingTotal
Segment Revenues
Net revenues from external customers$773 $393 $536 $1,702 
Intersegment net revenues (1)— 18 — 18 
Segment net revenues$773 $411 $536 $1,720 
Segment operating income$345 $133 $248 $726 
Information on reportable segment net revenues and operating income for the nine months ended September 30, 2021 and 2020, are presented below (amounts in millions):

Nine Months Ended September 30, 2021
ActivisionBlizzardKingTotal
Segment Revenues
Net revenues from external customers$2,321 $1,347 $1,896 $5,564 
Intersegment net revenues (1)— 62 — 62 
Segment net revenues$2,321 $1,409 $1,896 $5,626 
Segment operating income$1,049 $537 $755 $2,341 
Nine Months Ended September 30, 2020
ActivisionBlizzardKingTotal
Segment Revenues
Net revenues from external customers$2,285 $1,264 $1,587 $5,136 
Intersegment net revenues (1)— 62 — 62 
Segment net revenues$2,285 $1,326 $1,587 $5,198 
Segment operating income$1,088 $533 $615 $2,236 

(1)Intersegment revenues reflect licensing and service fees charged between segments.
Reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below (amounts in millions):

Three Months Ended September 30,Nine Months Ended September 30,
2021202020212020
Reconciliation to consolidated net revenues:
Segment net revenues$1,786 $1,720 $5,626 $5,198 
Revenues from non-reportable segments (1)
109 65 303 232 
Net effect from recognition (deferral) of deferred net revenues (2)
190 187 773 306 
Elimination of intersegment revenues (3)
(15)(18)(62)(62)
Consolidated net revenues
$2,070 $1,954 $6,640 $5,674 
Reconciliation to consolidated income before income tax expense:
Segment operating income
$735 $726 $2,341 $2,236 
Operating income (loss) from non-reportable segments (1)4 (20)(12)(27)
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2)
154 150 562 169 
Share-based compensation expense(64)(53)(259)(138)
Amortization of intangible assets
(2)(16)(8)(62)
Restructuring and related costs (Note 12)
(3)(9)(46)(39)
Consolidated operating income
824 778 2,578 2,139 
Interest and other expense (income), net
65 25 52 55 
Loss on extinguishment of debt
— 31 — 31 
Consolidated income before income tax expense $759 $722 $2,526 $2,053 

(1)Includes other income and expenses outside of our reportable segments, including our Distribution business and unallocated corporate income and expenses.

(2)Reflects the net effect from recognition (deferral) of deferred net revenues, along with related cost of revenues, on certain of our online-enabled products.

(3)Intersegment revenues reflect licensing and service fees charged between segments.
Schedule of Net Revenues by Distribution Channels
Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the three months ended September 30, 2021 and 2020, were as follows (amounts in millions):

Three Months Ended September 30, 2021
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by distribution channel:
Digital online channels (1)$723 $493 $651 $— $(15)$1,852 
Retail channels63 6 — — — 69 
Other (2)8 33 — 108 — 149 
Total consolidated net revenues$794 $532 $651 $108 $(15)$2,070 
Change in deferred revenues:
Digital online channels (1)$(128)$(37)$1 $— $— $(164)
Retail channels(25)(2)— — — (27)
Other (2)— — — 1 — 1 
Total change in deferred revenues$(153)$(39)$1 $1 $— $(190)
Segment net revenues:
Digital online channels (1)$595 $456 $652 $— $(15)$1,688 
Retail channels38 4 — — — 42 
Other (2)8 33 — 109 — 150 
Total segment net revenues$641 $493 $652 $109 $(15)$1,880 
Three Months Ended September 30, 2020
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by distribution channel:
Digital online channels (1)$826 $405 $540 $— $(18)$1,753 
Retail channels110 7 — — — 117 
Other (2)8 11 — 65 — 84 
Total consolidated net revenues$944 $423 $540 $65 $(18)$1,954 
Change in deferred revenues:
Digital online channels (1)$(130)$(14)$(4)$— $— $(148)
Retail channels(41)2 — — — (39)
Other (2)— — — — — — 
Total change in deferred revenues$(171)$(12)$(4)$— $— $(187)
Segment net revenues:
Digital online channels (1)$696 $391 $536 $— $(18)$1,605 
Retail channels69 9 — — — 78 
Other (2)8 11 — 65 — 84 
Total segment net revenues$773 $411 $536 $65 $(18)$1,767 

Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions):

Nine Months Ended September 30, 2021
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by distribution channel:
Digital online channels (1)$2,625 $1,426 $1,894 $— $(62)$5,883 
Retail channels334 20 — — — 354 
Other (2)38 71 — 294 — 403 
Total consolidated net revenues$2,997 $1,517 $1,894 $294 $(62)$6,640 
Change in deferred revenues:
Digital online channels (1)$(491)$(101)$2 $— $— $(590)
Retail channels(185)(7)— — — (192)
Other (2)— — — 9 — 9 
Total change in deferred revenues$(676)$(108)$2 $9 $— $(773)
Segment net revenues:
Digital online channels (1)$2,134 $1,325 $1,896 $— $(62)$5,293 
Retail channels149 13 — — — 162 
Other (2)38 71 — 303 — 412 
Total segment net revenues$2,321 $1,409 $1,896 $303 $(62)$5,867 
Nine Months Ended September 30, 2020
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by distribution channel:
Digital online channels (1)$2,054 $1,203 $1,587 $— $(62)$4,782 
Retail channels485 23 1 — — 509 
Other (2)55 87 — 241 — 383 
Total consolidated net revenues$2,594 $1,313 $1,588 $241 $(62)$5,674 
Change in deferred revenues:
Digital online channels (1)$(16)$16 $(1)$— $— $(1)
Retail channels(293)(2)— — — (295)
Other (2)— (1)— (9)— (10)
Total change in deferred revenues$(309)$13 $(1)$(9)$— $(306)
Segment net revenues:
Digital online channels (1)$2,038 $1,219 $1,586 $— $(62)$4,781 
Retail channels192 21 1 — — 214 
Other (2)55 86 — 232 — 373 
Total segment net revenues$2,285 $1,326 $1,587 $232 $(62)$5,368 

(1)Net revenues from “Digital online channels” include revenues from digitally-distributed downloadable content, microtransactions, subscriptions, and products, as well as licensing royalties.

(2)Net revenues from “Other” include revenues from our Distribution business, the Overwatch League, and the Call of Duty League.

(3)Intersegment revenues reflect licensing and service fees charged between segments.
Schedule of Net Revenues from External Customers by Geographic Region
Geographic information presented below is based on the location of the paying customer. Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the three months ended September 30, 2021 and 2020, were as follows (amounts in millions):

Three Months Ended September 30, 2021
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (2)Total
Net revenues by geographic region:
Americas$515 $243 $417 $— $(9)$1,166 
EMEA (1)187 166 163 108 (5)619 
Asia Pacific92 123 71 — (1)285 
Total consolidated net revenues$794 $532 $651 $108 $(15)$2,070 
Change in deferred revenues:
Americas$(110)$(27)$1 $— $— $(136)
EMEA (1)(42)(22)— 1 — (63)
Asia Pacific(1)10 — — — 9 
Total change in deferred revenues$(153)$(39)$1 $1 $— $(190)
Segment net revenues:
Americas$405 $216 $418 $— $(9)$1,030 
EMEA (1)145 144 163 109 (5)556 
Asia Pacific91 133 71 — (1)294 
Total segment net revenues$641 $493 $652 $109 $(15)$1,880 

Three Months Ended September 30, 2020
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (2)Total
Net revenues by geographic region:
Americas$595 $192 $350 $— $(10)$1,127 
EMEA (1)263 131 136 65 (6)589 
Asia Pacific86 100 54 — (2)238 
Total consolidated net revenues$944 $423 $540 $65 $(18)$1,954 
Change in deferred revenues:
Americas$(77)$(4)$(4)$— $(1)$(86)
EMEA (1)(68)(8)— — 1 (75)
Asia Pacific(26)— — — — (26)
Total change in deferred revenues$(171)$(12)$(4)$— $— $(187)
Segment net revenues:
Americas$518 $188 $346 $— $(11)$1,041 
EMEA (1)195 123 136 65 (5)514 
Asia Pacific60 100 54 — (2)212 
Total segment net revenues$773 $411 $536 $65 $(18)$1,767 
Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions):

Nine Months Ended September 30, 2021
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (2)Total
Net revenues by geographic region:
Americas$1,942 $698 $1,215 $— $(36)$3,819 
EMEA (1)780 507 485 294 (21)2,045 
Asia Pacific275 312 194 — (5)776 
Total consolidated net revenues$2,997 $1,517 $1,894 $294 $(62)$6,640 
Change in deferred revenues:
Americas$(420)$(57)$2 $— $— $(475)
EMEA (1)(213)(55)(1)9 — (260)
Asia Pacific(43)4 1 — — (38)
Total change in deferred revenues$(676)$(108)$2 $9 $— $(773)
Segment net revenues:
Americas$1,522 $641 $1,217 $— $(36)$3,344 
EMEA (1)567 452 484 303 (21)1,785 
Asia Pacific232 316 195 — (5)738 
Total segment net revenues$2,321 $1,409 $1,896 $303 $(62)$5,867 

Nine Months Ended September 30, 2020
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (2)Total
Net revenues by geographic region:
Americas$1,615 $580 $1,024 $— $(31)$3,188 
EMEA (1)750 393 407 241 (21)1,770 
Asia Pacific229 340 157 — (10)716 
Total consolidated net revenues$2,594 $1,313 $1,588 $241 $(62)$5,674 
Change in deferred revenues:
Americas$(124)$18 $— $— $— $(106)
EMEA (1)(146)(3)(1)(9)— (159)
Asia Pacific(39)(2)— — — (41)
Total change in deferred revenues$(309)$13 $(1)$(9)$— $(306)
Segment net revenues:
Americas$1,491 $598 $1,024 $— $(31)$3,082 
EMEA (1)604 390 406 232 (21)1,611 
Asia Pacific190 338 157 — (10)675 
Total segment net revenues$2,285 $1,326 $1,587 $232 $(62)$5,368 

(1)    “EMEA” consists of the Europe, Middle East, and Africa geographic regions.
(2)    Intersegment revenues reflect licensing and service fees charged between segments.
Schedule of Net Revenues by Platform
Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the three months ended September 30, 2021 and 2020, were as follows (amounts in millions):

Three Months Ended September 30, 2021
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by platform:
Console$480 $43 $— $— $— $523 
PC140 434 19 — (15)578 
Mobile and ancillary (1)166 22 632 — — 820 
Other (2)8 33 — 108 — 149 
Total consolidated net revenues$794 $532 $651 $108 $(15)$2,070 
Change in deferred revenues:
Console$(119)$5 $— $— $— $(114)
PC(33)(47)— — — (80)
Mobile and ancillary (1)(1)3 1 — — 3 
Other (2)— — — 1 — 1 
Total change in deferred revenues$(153)$(39)$1 $1 $— $(190)
Segment net revenues:
Console$361 $48 $— $— $— $409 
PC107 387 19 — (15)498 
Mobile and ancillary (1)165 25 633 — — 823 
Other (2)8 33 — 109 — 150 
Total segment net revenues$641 $493 $652 $109 $(15)$1,880 
Three Months Ended September 30, 2020
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by platform:
Console$664 $31 $— $— $— $695 
PC152 357 23 — (18)514 
Mobile and ancillary (1)120 24 517 — — 661 
Other (2)8 11 — 65 — 84 
Total consolidated net revenues$944 $423 $540 $65 $(18)$1,954 
Change in deferred revenues:
Console$(125)$(4)$— $— $— $(129)
PC(35)(9)(1)— — (45)
Mobile and ancillary (1)(11)1 (3)— — (13)
Other (2)— — — — — — 
Total change in deferred revenues$(171)$(12)$(4)$— $— $(187)
Segment net revenues:
Console$539 $27 $— $— $— $566 
PC117 348 22 — (18)469 
Mobile and ancillary (1)109 25 514 — — 648 
Other (2)8 11 — 65 — 84 
Total segment net revenues$773 $411 $536 $65 $(18)$1,767 
Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions):

Nine Months Ended September 30, 2021
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by platform:
Console$1,971 $90 $— $— $— $2,061 
PC532 1,293 64 — (62)1,827 
Mobile and ancillary (1)456 63 1,830 — — 2,349 
Other (2)38 71 — 294 — 403 
Total consolidated net revenues$2,997 $1,517 $1,894 $294 $(62)$6,640 
Change in deferred revenues:
Console$(530)$— $— $— $— $(530)
PC(145)(108)— — — (253)
Mobile and ancillary (1)(1)— 2 — — 1 
Other (2)— — — 9 — 9 
Total change in deferred revenues$(676)$(108)$2 $9 $— $(773)
Segment net revenues:
Console$1,441 $90 $— $— $— $1,531 
PC387 1,185 64 — (62)1,574 
Mobile and ancillary (1)455 63 1,832 — — 2,350 
Other (2)38 71 — 303 — 412 
Total segment net revenues$2,321 $1,409 $1,896 $303 $(62)$5,867 
Nine Months Ended September 30, 2020
ActivisionBlizzardKingNon-reportable segmentsElimination of intersegment revenues (3)Total
Net revenues by platform:
Console$1,855 $89 $— $— $— $1,944 
PC423 1,060 73 — (62)1,494 
Mobile and ancillary (1)261 77 1,515 — — 1,853 
Other (2)55 87 — 241 — 383 
Total consolidated net revenues$2,594 $1,313 $1,588 $241 $(62)$5,674 
Change in deferred revenues:
Console$(295)$(6)$— $— $— $(301)
PC(50)24 (1)— — (27)
Mobile and ancillary (1)36 (4)— — — 32 
Other (2)— (1)— (9)— (10)
Total change in deferred revenues$(309)$13 $(1)$(9)$— $(306)
Segment net revenues:
Console$1,560 $83 $— $— $— $1,643 
PC373 1,084 72 — (62)1,467 
Mobile and ancillary (1)297 73 1,515 — — 1,885 
Other (2)55 86 — 232 — 373 
Total segment net revenues$2,285 $1,326 $1,587 $232 $(62)$5,368 
(1)Net revenues from “Mobile and ancillary” include revenues from mobile devices, as well as non-platform specific game-related revenues, such as standalone sales of physical merchandise and accessories.

(2)Net revenues from “Other” primarily includes revenues from our Distribution business, the Overwatch League, and the Call of Duty League.

(3)Intersegment revenues reflect licensing and service fees charged between segments.
Long-Lived Assets by Geographic Region
Long-lived assets by geographic region were as follows (amounts in millions):

 At September 30, 2021At December 31, 2020
Long-lived assets* by geographic region:
Americas$273 $270 
EMEA131 166 
Asia Pacific17 17 
Total long-lived assets by geographic region$421 $453 

*    The only long-lived assets that we classify by region are our long-term tangible fixed assets, which consist of property, plant, and equipment assets and lease right-of-use assets. All other long-term assets are not allocated by location.