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Condensed Consolidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Net revenues $ 3,404 [1] $ 2,966 [1] $ 10,079 [1] $ 8,272 [1]
Cost of net revenues 1,022 920 2,992 2,426
Gross profit 2,382 2,046 7,087 5,846
Operating expenses:        
Sales and marketing 726 623 2,120 1,763
Product development 389 319 1,157 891
General and administrative 369 336 1,131 1,018
Provision for transaction and loan losses 148 146 413 372
Amortization of acquired intangible assets 83 85 251 182
Total operating expenses 1,715 1,509 5,072 4,226
Income from operations 667 [1] 537 [1] 2,015 [1] 1,620 [1]
Interest and other, net 5 79 74 111
Gain (loss) on divested businesses 0 0 118 (256)
Income before income taxes 672 616 2,207 1,475
Provision for income taxes (75) (125) (348) (225)
Net income $ 597 $ 491 $ 1,859 $ 1,250
Net income per share:        
Basic $ 0.46 $ 0.38 $ 1.44 $ 0.97
Diluted $ 0.45 $ 0.37 $ 1.42 $ 0.95
Weighted average shares:        
Basic 1,292 1,290 1,291 1,291
Diluted 1,314 1,309 1,311 1,311
[1] Certain amounts may not sum due to rounding.