XML 17 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net revenues        
Total net revenues $ 2,070 $ 1,954 $ 6,640 $ 5,674
Cost of Revenue-product sales and in-game, subscription, and other:        
Product development 329 274 1,016 802
Sales and marketing 244 238 727 722
General and administrative 143 186 614 529
Restructuring and related costs 3 9 46 39
Total costs and expenses 1,246 1,176 4,062 3,535
Operating income 824 778 2,578 2,139
Interest and other expense (income), net 65 25 52 55
Loss on extinguishment of debt 0 31 0 31
Income before income tax expense 759 722 2,526 2,053
Income tax expense 120 118 391 365
Net income $ 639 $ 604 $ 2,135 $ 1,688
Earnings per common share        
Basic (in dollars per share) $ 0.82 $ 0.78 $ 2.75 $ 2.19
Diluted (in dollars per share) $ 0.82 $ 0.78 $ 2.72 $ 2.17
Weighted-average number of shares outstanding        
Basic (in shares) 778 772 777 771
Diluted (in shares) 783 779 784 777
Product sales        
Net revenues        
Total net revenues $ 423 $ 408 $ 1,666 $ 1,484
In-game, subscription, and other revenues        
Net revenues        
Total net revenues 1,647 1,546 4,974 4,190
Product costs        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues 120 101 375 357
Software royalties, amortization, and intellectual property licenses        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues 72 37 272 152
Game operations and distribution costs        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues 307 290 925 819
Software royalties, amortization, and intellectual property licenses        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues $ 28 $ 41 $ 87 $ 115