Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statement of Stockholders' Equity (Deficit)

v3.20.2
Consolidated Statement of Stockholders' Equity (Deficit) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Accumulated Other Comprehensive Income (Loss)
Additional Paid-in Capital
Treasury Stock
Accumulated Deficit
Pandora
Pandora
Common Stock
Pandora
Additional Paid-in Capital
Beginning balance (in shares) at Dec. 31, 2018   4,346     0        
Beginning balance at Dec. 31, 2018 $ (1,817) $ 4 $ (6) $ 242 $ 0 $ (2,057)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Comprehensive income, net of tax 439   14     425      
Share-based payment expense 134     134          
Exercise of stock options and vesting of restricted stock units (in shares)   13              
Exercise of stock options and vesting of restricted stock units 0                
Withholding taxes on net share settlement of stock-based compensation (47)     (47)          
Cash dividends paid on common stock (113)     (113)          
Issuance of common stock as part of Pandora Acquisition (in shares)               392  
Issuance of common stock as part of Pandora Acquisition             $ 2,355 $ 1 $ 2,354
Equity component of convertible note 62     62          
Common stock repurchased (in shares)         259        
Common stock repurchased (1,502)       $ (1,502)        
Common stock retired (in shares)   (254)     (254)        
Common stock retired 0 $ (1)   (1,473) $ 1,474        
Ending balance (in shares) at Jun. 30, 2019   4,497     5        
Ending balance at Jun. 30, 2019 (489) $ 4 8 1,159 $ (28) (1,632)      
Beginning balance (in shares) at Mar. 31, 2019   4,650     5        
Beginning balance at Mar. 31, 2019 154 $ 5 1 2,071 $ (28) (1,895)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Comprehensive income, net of tax 270   7     263      
Share-based payment expense 60     60          
Exercise of stock options and vesting of restricted stock units (in shares)   5              
Exercise of stock options and vesting of restricted stock units 0                
Withholding taxes on net share settlement of stock-based compensation (13)     (13)          
Cash dividends paid on common stock (56)     (56)          
Equity component of convertible note (6)     (6)          
Common stock repurchased (in shares)         158        
Common stock repurchased (898)       $ (898)        
Common stock retired (in shares)   (158)     (158)        
Common stock retired 0 $ (1)   (897) $ 898        
Ending balance (in shares) at Jun. 30, 2019   4,497     5        
Ending balance at Jun. 30, 2019 (489) $ 4 8 1,159 $ (28) (1,632)      
Beginning balance (in shares) at Dec. 31, 2019   4,412     0        
Beginning balance at Dec. 31, 2019 (736) $ 4 8 395 $ 0 (1,143)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Comprehensive income, net of tax 521   (15)     536      
Share-based payment expense 115     115          
Exercise of stock options and vesting of restricted stock units (in shares)   11              
Exercise of stock options and vesting of restricted stock units 0                
Withholding taxes on net share settlement of stock-based compensation (43)     (43)          
Cash dividends paid on common stock (117)     (117)          
Common stock repurchased (in shares)         70        
Common stock repurchased (408)       $ (408)        
Common stock retired (in shares)   (68)     (68)        
Common stock retired 0     (399) $ 399        
Ending balance (in shares) at Jun. 30, 2020   4,355     2        
Ending balance at Jun. 30, 2020 (668) $ 4 (7) (49) $ (9) (607)      
Beginning balance (in shares) at Mar. 31, 2020   4,379     0        
Beginning balance at Mar. 31, 2020 (747) $ 4 (17) 116 $ 0 (850)      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Comprehensive income, net of tax 253   10     243      
Share-based payment expense 56     56          
Exercise of stock options and vesting of restricted stock units (in shares)   3              
Exercise of stock options and vesting of restricted stock units 0                
Withholding taxes on net share settlement of stock-based compensation (7)     (7)          
Cash dividends paid on common stock (58)     (58)          
Common stock repurchased (in shares)         29        
Common stock repurchased (165)       $ (165)        
Common stock retired (in shares)   (27)     (27)        
Common stock retired 0     (156) $ 156        
Ending balance (in shares) at Jun. 30, 2020   4,355     2        
Ending balance at Jun. 30, 2020 $ (668) $ 4 $ (7) $ (49) $ (9) $ (607)