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Consolidated Statement of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Net revenues $ 14,072 $ 11,652 $ 9,156
Cost of net revenues 4,216 3,461 2,564
Gross profit 9,856 8,191 6,592
Operating expenses:      
Sales and marketing 2,913 2,435 1,947
Product development 1,573 1,235 908
General and administrative 1,567 1,364 1,101
Provision for transaction and loan losses 580 517 392
Amortization of acquired intangible assets 335 267 190
Total operating expenses 6,968 5,818 4,538
Income from operations 2,888 2,373 2,054
Interest and other, net 196 1,537 44
Income before income taxes 3,084 3,910 2,098
Provision for income taxes (475) (681) (297)
Net income $ 2,609 $ 3,229 $ 1,801
Net income per share:      
Basic $ 2.02 $ 2.50 $ 1.38
Diluted $ 1.99 $ 2.46 $ 1.36
Weighted average shares:      
Basic 1,292 1,293 1,306
Diluted 1,313 1,313 1,327