v3.25.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Income Statement [Abstract]    
Net Revenue $ 7,250 $ 6,348
Operating Expenses:    
General and administrative 2,523 2,286
Advertising and marketing 152 116
Depreciation and amortization 275 216
Provision for litigation 151 126
Total operating expenses 3,101 2,744
Operating income 4,149 3,604
Other Income (Expense):    
Investment income 88 95
Gains (losses) on equity investments, net (29) 6
Interest expense (182) (150)
Other income (expense), net 5 3
Total other income (expense) (118) (46)
Income before income taxes 4,031 3,558
Income tax expense 751 547
Net Income $ 3,280 $ 3,011
Basic Earnings per Share (in dollars per share) $ 3.60 $ 3.23
Basic weighted-average shares outstanding (in shares) 912 933
Diluted Earnings per Share (in dollars per share) $ 3.59 $ 3.22
Diluted weighted-average shares outstanding (in shares) 914 935