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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net revenues        
Total net revenues $ 1,644 $ 2,296 $ 3,412 $ 4,571
Cost of Revenue-product sales and in-game, subscription, and other:        
Product development 311 335 658 688
Sales and marketing 263 245 514 482
General and administrative 250 189 464 471
Restructuring and related costs (3) 13 (5) 43
Total costs and expenses 1,306 1,337 2,595 2,817
Operating income 338 959 817 1,754
Interest and other expense (income), net 17 (43) 31 (14)
Income before income tax expense 321 1,002 786 1,768
Income tax expense 41 126 111 272
Net income $ 280 $ 876 $ 675 $ 1,496
Earnings per common share        
Basic (in dollars per share) $ 0.36 $ 1.13 $ 0.86 $ 1.93
Diluted (in dollars per share) $ 0.36 $ 1.12 $ 0.86 $ 1.91
Weighted-average number of shares outstanding        
Basic (in shares) 782 777 781 776
Diluted (in shares) 788 783 787 784
Product sales        
Net revenues        
Total net revenues $ 304 $ 568 $ 690 $ 1,243
Product costs        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues 80 116 172 255
Software royalties and amortization        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues 63 88 144 200
In-game, subscription, and other revenues        
Net revenues        
Total net revenues 1,340 1,728 2,722 3,328
Game operations and distribution costs        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues 317 322 605 619
Software royalties and amortization        
Cost of Revenue-product sales and in-game, subscription, and other:        
Cost of revenues $ 25 $ 29 $ 43 $ 59