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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Income Statement [Abstract]    
Net revenues $ 2,217 $ 2,137
Cost of net revenues 515 477
Gross profit 1,702 1,660
Operating expenses:    
Sales and marketing 562 538
Product development 278 239
General and administrative 245 209
Provision for transaction losses 62 52
Amortization of acquired intangible assets 9 8
Total operating expenses 1,156 1,046
Income from operations 546 614
Interest and other, net 12 (23)
Income before income taxes 558 591
Income tax benefit (provision) 477 (109)
Net income $ 1,035 $ 482
Net income (loss) per share:    
Net income per share - basic (in usd per share) $ 0.96 $ 0.42
Net income per share - diluted (in usd per share) $ 0.94 $ 0.41
Weighted-average shares:    
Basic (in shares) 1,083 1,159
Diluted (in shares) 1,102 1,170