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Quarterly Financial Data (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data [Abstract]  
Schedule of Quarterly Financial Information
Quarterly Financial Data
(Unaudited, in millions, except per share amounts)
 
Quarter Ended
 
March 31
 
June 30
 
September 30(1)
 
December 31
2013
 
 
 
 
 
 
 
Net revenues
$
3,748

 
$
3,877

 
$
3,892

 
$
4,530

Gross profit
$
2,596

 
$
2,666

 
$
2,668

 
$
3,081

Net income
$
677

 
$
640

 
$
689

 
$
850

Net income per share-basic
0.52

 
0.49

 
0.53

 
0.66

Net income per share-diluted
$
0.51

 
$
0.49

 
$
0.53

 
$
0.65

Weighted-average shares:
 
 
 
 
 
 
 
Basic
1,295

 
1,297

 
1,295

 
1,295

Diluted
1,319

 
1,313

 
1,310

 
1,310

 
 
 
 
 
 
 
 



 
Quarter Ended
 
March 31
 
June 30 (2)
 
September 30
 
December 31
2012
 
 
 
 
 
 
 
Net revenues
$
3,277

 
$
3,398

 
$
3,404

 
$
3,992

Gross profit
$
2,294

 
$
2,411

 
$
2,382

 
$
2,769

Net income
$
570

 
$
692

 
$
597

 
$
751

Net income per share-basic
$
0.44

 
$
0.54

 
$
0.46

 
$
0.58

Net income per share-diluted
$
0.44

 
$
0.53

 
$
0.45

 
$
0.57

Weighted-average shares:
 
 
 
 
 
 
 
Basic
1,288

 
1,291

 
1,292

 
1,294

Diluted
1,308

 
1,309

 
1,314

 
1,318

(1)
The quarterly financial information includes a $75 million gain on the sale of our investments in RueLaLa and ShopRunner.    
(2)
The quarterly financial information includes a $118 million gain on the divestiture of a business. See "Note 3 - Business Combinations and Divestitures" to the consolidated financial statements included in this report.