Quarterly report pursuant to Section 13 or 15(d)

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

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CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenue:    
Revenue $ 2,058 $ 1,952
Cost of services:    
Subscriber acquisition costs 86 99
Sales and marketing 217 225
Engineering, design and development 64 71
General and administrative 121 107
Depreciation and amortization 132 132
Impairment, restructuring and acquisition costs 245 0
Total operating expenses 1,804 1,484
Income from operations 254 468
Other (expense) income:    
Interest expense (100) (99)
Other income 3 4
Total other (expense) income (97) (95)
Income before income taxes 157 373
Income tax benefit (expense) 62 (80)
Net income 219 293
Foreign currency translation adjustment, net of tax 5 (25)
Total comprehensive income $ 224 $ 268
Net income per common share:    
Basic (in USD per share) $ 0.05 $ 0.07
Diluted (in USD per share) $ 0.05 $ 0.07
Weighted average common shares outstanding:    
Basic (in shares) 4,137 4,405
Diluted (in shares) 4,222 4,515
Subscriber revenue    
Revenue:    
Revenue $ 1,611 $ 1,585
Advertising revenue    
Revenue:    
Revenue 354 285
Equipment    
Revenue:    
Revenue 57 41
Cost of services:    
Cost of services 4 4
Other revenue    
Revenue:    
Revenue 36 41
Revenue share and royalties    
Cost of services:    
Cost of services 640 570
Programming and content    
Cost of services:    
Cost of services 130 118
Customer service and billing    
Cost of services:    
Cost of services 117 118
Transmission    
Cost of services:    
Cost of services $ 48 $ 40