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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Net revenues        
Net revenues $ 1,932 $ 1,396 $ 3,719 $ 3,220
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Product development 291 244 528 492
Sales and marketing 242 191 485 397
General and administrative 175 170 343 350
Restructuring and related costs 6 22 29 79
Total costs and expenses 1,183 1,060 2,358 2,314
Operating income 749 336 1,361 906
Interest and other expense (income), net (Note 12) 22 (34) 30 (31)
Income before income tax expense 727 370 1,331 937
Income tax expense 147 42 247 163
Net income $ 580 $ 328 $ 1,084 $ 774
Earnings per common share        
Basic (in dollars per share) $ 0.75 $ 0.43 $ 1.41 $ 1.01
Diluted (in dollars per share) $ 0.75 $ 0.43 $ 1.40 $ 1.01
Weighted-average number of shares outstanding        
Basic (in shares) 771 766 770 765
Diluted (in shares) 776 770 775 770
Product sales        
Net revenues        
Net revenues $ 533 $ 359 $ 1,076 $ 1,015
Product costs        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 137 99 255 251
Software royalties, amortization, and intellectual property licenses        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 33 51 115 162
Subscription, licensing, and other revenues        
Net revenues        
Net revenues 1,399 1,037 2,643 2,205
Game operations and distribution costs        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues 271 230 529 469
Software royalties, amortization, and intellectual property licenses        
Cost of revenues—product sales and subscription, licensing, and other revenues:        
Cost of revenues $ 28 $ 53 $ 74 $ 114