XML 50 R4.htm IDEA: XBRL DOCUMENT v3.20.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net revenues    
Net revenues $ 1,788 $ 1,825
Cost of revenues—product sales and subscription, licensing, and other revenues:    
Product development 238 249
Sales and marketing 243 207
General and administrative 167 179
Restructuring and related costs 23 57
Total costs and expenses 1,176 1,255
Operating income 612 570
Interest and other expense (income), net (Note 12) 8 3
Income before income tax expense 604 567
Income tax expense 99 120
Net income $ 505 $ 447
Earnings per common share    
Basic (in dollars per share) $ 0.66 $ 0.58
Diluted (in dollars per share) $ 0.65 $ 0.58
Weighted-average number of shares outstanding    
Basic (in shares) 769 764
Diluted (in shares) 774 770
Product sales    
Net revenues    
Net revenues $ 543 $ 656
Product costs    
Cost of revenues—product sales and subscription, licensing, and other revenues:    
Cost of revenues 119 152
Software royalties, amortization, and intellectual property licenses    
Cost of revenues—product sales and subscription, licensing, and other revenues:    
Cost of revenues 82 111
Subscription, licensing, and other revenues    
Net revenues    
Net revenues 1,245 1,169
Game operations and distribution costs    
Cost of revenues—product sales and subscription, licensing, and other revenues:    
Cost of revenues 258 239
Software royalties, amortization, and intellectual property licenses    
Cost of revenues—product sales and subscription, licensing, and other revenues:    
Cost of revenues $ 46 $ 61