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CONDENSED CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Income Statement [Abstract]        
Net revenues $ 2,328 $ 2,230 $ 4,545 $ 4,367
Cost of net revenues 561 493 1,076 970
Gross profit 1,767 1,737 3,469 3,397
Operating expenses:        
Sales and marketing 637 622 1,199 1,160
Product development 313 295 591 534
General and administrative 267 218 512 427
Provision for transaction losses 63 64 125 116
Amortization of acquired intangible assets 9 7 18 15
Total operating expenses 1,289 1,206 2,445 2,252
Income from operations 478 531 1,024 1,145
Interest and other, net (18) (8) (6) (31)
Income before income taxes 460 523 1,018 1,114
Income tax benefit (provision) (433) (86) 44 (195)
Income from continuing operations 27 437 1,062 919
Loss from discontinued operations, net of income taxes 0 (2) 0 (2)
Net income $ 27 $ 435 $ 1,062 $ 917
Income (loss) per share - basic:        
Continuing operations (in usd per share) $ 0.03 $ 0.38 $ 0.98 $ 0.80
Discontinued operations (in usd per share) 0.00 0.00 0.00 0.00
Net income per share - basic (in usd per share) 0.03 0.38 0.98 0.80
Income (loss) per share - diluted:        
Continuing operations (in usd per share) 0.02 0.38 0.97 0.79
Discontinued operations (in usd per share) 0.00 0.00 0.00 0.00
Net income per share - diluted (in usd per share) $ 0.02 $ 0.38 $ 0.97 $ 0.79
Weighted-average shares:        
Basic (in shares) 1,076 1,144 1,080 1,151
Diluted (in shares) 1,091 1,149 1,097 1,159