Activision Blizzard (ATVI) 10-Q 4 Aug 20 2020 Q2 Quarterly report Financial data

Cover Page

Cover Page - shares	6 Months Ended
	Jun. 30, 2020	Jul. 28, 2020
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2020
Document Transition Report	false
Entity File Number	1-15839
Entity Registrant Name	ACTIVISION BLIZZARD, INC.
Entity Central Index Key	0000718877
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4803544
Entity Address, Address Line One	3100 Ocean Park Boulevard
Entity Address, City or Town	Santa Monica,
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	90405
City Area Code	310
Local Phone Number	255-2000
Title of 12(b) Security	Common Stock, par value $0.000001 per share
Trading Symbol	ATVI
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		771,872,058

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 6,338	$ 5,794
Accounts receivable, net of allowances of $76 and $132, at June 30, 2020 and December 31, 2019, respectively	614	848
Software development	331	322
Other current assets	436	328
Total current assets	7,719	7,292
Software development	134	54
Property and equipment, net	222	253
Deferred income taxes, net	1,221	1,293
Other assets	677	658
Intangible assets, net	484	531
Goodwill	9,763	9,764
Total assets	20,220	19,845
Current liabilities:
Accounts payable	177	292
Deferred revenues	1,222	1,375
Accrued expenses and other liabilities	1,158	1,248
Total current liabilities	2,557	2,915
Long-term debt, net	2,676	2,675
Deferred income taxes, net	436	505
Other liabilities	869	945
Total liabilities	6,538	7,040
Commitments and contingencies (Note 16)
Shareholders’ equity:
Common stock, $0.000001 par value, 2,400,000,000 shares authorized, 1,200,382,579 and 1,197,436,644 shares issued at June 30, 2020 and December 31, 2019, respectively	0	0
Additional paid-in capital	11,300	11,174
Less: Treasury stock, at cost, 428,676,471 shares at June 30, 2020 and December 31, 2019	(5,563)	(5,563)
Retained earnings	8,579	7,813
Accumulated other comprehensive loss	(634)	(619)
Total shareholders’ equity	13,682	12,805
Total liabilities and shareholders’ equity	$ 20,220	$ 19,845

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Accounts receivable allowance	$ 76	$ 132
Common stock, par value (in dollars per share)	$ 0.000001	$ 0.000001
Common stock, shares authorized (in shares)	2,400,000,000	2,400,000,000
Common stock, shares issued (in shares)	1,200,382,579	1,197,436,644
Treasury stock, shares (in shares)	428,676,471	428,676,471

CONDENSED CONSOLIDATED STATEMEN

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

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 580	$ 328	$ 1,084	$ 774
Other comprehensive income (loss):
Foreign currency translation adjustment, net of tax	4	(2)	(11)	1
Unrealized gains (losses) on forward contracts designated as hedges, net of tax	(10)	(8)	(9)	(6)
Unrealized gains (losses) on investments, net of tax	0	4	5	(2)
Total other comprehensive loss	(6)	(6)	(15)	(7)
Comprehensive income	$ 574	$ 322	$ 1,069	$ 767

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions		6 Months Ended
		Jun. 30, 2020	Jun. 30, 2019
Cash flows from operating activities:
Net income		$ 1,084	$ 774
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income taxes		3	91
Depreciation and amortization		106	166
Non-cash operating lease cost		32	34
Amortization of capitalized software development costs and intellectual property licenses	[1]	105	153
Share-based compensation expense	[2]	85	100
Unrealized gain on equity investment		0	(38)
Other		3	28
Changes in operating assets and liabilities:
Accounts receivable, net		230	570
Software development and intellectual property licenses		(190)	(105)
Other assets		(103)	74
Deferred revenues		(192)	(803)
Accounts payable		(113)	(75)
Accrued expenses and other liabilities		(134)	(365)
Net cash provided by operating activities		916	604
Cash flows from investing activities:
Proceeds from maturities of available-for-sale investments		0	75
Purchases of available-for-sale investments		(56)	0
Capital expenditures		(32)	(45)
Other investing activities		0	7
Net cash provided by (used in) investing activities		(88)	37
Cash flows from financing activities:
Proceeds from issuance of common stock to employees		69	57
Tax payment related to net share settlements on restricted stock units		(34)	(48)
Dividends paid		(316)	(283)
Net cash used in financing activities		(281)	(274)
Effect of foreign exchange rate changes on cash and cash equivalents		(5)	3
Net increase in cash and cash equivalents and restricted cash		542	370
Cash and cash equivalents and restricted cash at beginning of period		5,798	4,229
Cash and cash equivalents and restricted cash at end of period		$ 6,340	$ 4,599
[1]	Excludes deferral and amortization of share-based compensation expense.
[2]	Includes the net effects of capitalization, deferral, and amortization of share-based compensation expense.

CONDENSED CONSOLIDATED STATEM_4

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($) shares in Millions, $ in Millions	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Retained EarningsCumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Income (Loss)
Beginning balance at Dec. 31, 2018	$ 11,392		$ 0	$ (5,563)	$ 10,963	$ 6,593		$ (601)
Balance (in shares) at Dec. 31, 2018			1,192	429
Components of comprehensive income:
Net income	447					447
Other comprehensive income (loss)	(1)							(1)
Issuance of common stock pursuant to employee stock options	30				30
Issuance of common stock pursuant to employee stock options (in shares)			2
Issuance of common stock pursuant to restricted stock units	0
Issuance of common stock pursuant to restricted stock units (in shares)			2
Restricted stock surrendered for employees’ tax liability	(45)				(45)
Restricted stock surrendered for employees' tax liability (in shares)			(1)
Share-based compensation expense related to employee stock options and restricted stock units	56				56
Dividends ($0.37 and $0.34 per common share)	(283)					(283)
Ending balance at Mar. 31, 2019	11,596		$ 0	$ (5,563)	11,004	6,757		(602)
Balance (in shares) at Mar. 31, 2019			1,195	429
Beginning balance at Dec. 31, 2018	11,392		$ 0	$ (5,563)	10,963	6,593		(601)
Balance (in shares) at Dec. 31, 2018			1,192	429
Components of comprehensive income:
Net income	774
Other comprehensive income (loss)	(7)
Ending balance at Jun. 30, 2019	11,977		$ 0	$ (5,563)	11,063	7,085		(608)
Balance (in shares) at Jun. 30, 2019			1,196	429
Beginning balance at Mar. 31, 2019	11,596		$ 0	$ (5,563)	11,004	6,757		(602)
Balance (in shares) at Mar. 31, 2019			1,195	429
Components of comprehensive income:
Net income	328					328
Other comprehensive income (loss)	(6)							(6)
Issuance of common stock pursuant to employee stock options	28				28
Issuance of common stock pursuant to employee stock options (in shares)			1
Restricted stock surrendered for employees’ tax liability	(4)				(4)
Restricted stock surrendered for employees' tax liability (in shares)			0
Share-based compensation expense related to employee stock options and restricted stock units	35				35
Ending balance at Jun. 30, 2019	11,977		$ 0	$ (5,563)	11,063	7,085		(608)
Balance (in shares) at Jun. 30, 2019			1,196	429
Beginning balance at Dec. 31, 2019	12,805	$ (3)	$ 0	$ (5,563)	11,174	7,813	$ (3)	(619)
Balance (in shares) at Dec. 31, 2019			1,197	429
Components of comprehensive income:
Net income	505					505
Other comprehensive income (loss)	(9)							(9)
Issuance of common stock pursuant to employee stock options	27				27
Issuance of common stock pursuant to employee stock options (in shares)			1
Issuance of common stock pursuant to restricted stock units	0
Issuance of common stock pursuant to restricted stock units (in shares)			1
Restricted stock surrendered for employees’ tax liability	(31)				(31)
Restricted stock surrendered for employees' tax liability (in shares)			0
Share-based compensation expense related to employee stock options and restricted stock units	43				43
Dividends ($0.37 and $0.34 per common share)	(316)					(316)
Ending balance at Mar. 31, 2020	13,021		$ 0	$ (5,563)	11,213	7,999		(628)
Balance (in shares) at Mar. 31, 2020			1,199	429
Beginning balance at Dec. 31, 2019	12,805	$ (3)	$ 0	$ (5,563)	11,174	7,813	$ (3)	(619)
Balance (in shares) at Dec. 31, 2019			1,197	429
Components of comprehensive income:
Net income	1,084
Other comprehensive income (loss)	(15)
Ending balance at Jun. 30, 2020	13,682		$ 0	$ (5,563)	11,300	8,579		(634)
Balance (in shares) at Jun. 30, 2020			1,200	429
Beginning balance at Mar. 31, 2020	13,021		$ 0	$ (5,563)	11,213	7,999		(628)
Balance (in shares) at Mar. 31, 2020			1,199	429
Components of comprehensive income:
Net income	580					580
Other comprehensive income (loss)	(6)							(6)
Issuance of common stock pursuant to employee stock options	44				44
Issuance of common stock pursuant to employee stock options (in shares)			1
Restricted stock surrendered for employees’ tax liability	(3)				(3)
Restricted stock surrendered for employees' tax liability (in shares)			0
Share-based compensation expense related to employee stock options and restricted stock units	46				46
Ending balance at Jun. 30, 2020	$ 13,682		$ 0	$ (5,563)	$ 11,300	$ 8,579		$ (634)
Balance (in shares) at Jun. 30, 2020			1,200	429

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) (Parenthetical) - $ / shares	Feb. 06, 2020	Feb. 12, 2019	Mar. 31, 2020	Mar. 31, 2019
Statement of Stockholders' Equity [Abstract]
Dividends per common share (in dollars per share)	$ 0.41	$ 0.37	$ 0.41	$ 0.37

Description of Business and Bas

Description of Business and Basis of Consolidation and Presentation	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Consolidation and Presentation	Description of Business and Basis of Consolidation and Presentation Activision Blizzard, Inc. is a leading global developer and publisher of interactive entertainment content and services. We develop and distribute content and services on video game consoles, personal computers (“PC”s), and mobile devices. We also operate esports leagues and offer digital advertising within our content. The terms “Activision Blizzard,” the “Company,” “we,” “us,” and “our” are used to refer collectively to Activision Blizzard, Inc. and its subsidiaries. The Company was originally incorporated in California in 1979 and was reincorporated in Delaware in December 1992. In connection with the 2008 business combination by and among the Company (then known as Activision, Inc.), Vivendi S.A, and Vivendi Games, Inc., pursuant to which we acquired Blizzard Entertainment, Inc. (“Blizzard”), we were renamed Activision Blizzard, Inc. On February 23, 2016, we acquired King Digital Entertainment plc ("King") by purchasing all of its outstanding shares. Our Segments Based upon our organizational structure, we conduct our business through three reportable segments, as follows: (i) Activision Publishing, Inc. Activision Publishing, Inc. (“Activision”) is a leading global developer and publisher of interactive software products and entertainment content, particularly for the console platform. Activision primarily delivers content through retail and digital channels, including full-game and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Activision products. Activision develops, markets, and sells products primarily based on our internally developed intellectual properties. Activision also includes the activities of the Call of Duty League TM , a global professional esports league with city-based teams. Activision’s key product franchise is Call of Duty ® , a first-person action title for the console and PC platforms, as well as the mobile platform following the October 1, 2019 launch of Call of Duty: Mobile . (ii) Blizzard Entertainment, Inc. Blizzard is a leading global developer and publisher of interactive software products and entertainment content, particularly for the PC platform. Blizzard primarily delivers content through retail and digital channels, including subscription, full-game, and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Blizzard products. Blizzard also maintains a proprietary online gaming service, Blizzard Battle.net ® , which facilitates digital distribution of Blizzard content and selected Activision content, online social connectivity, and the creation of user-generated content. Blizzard also includes the activities of the Overwatch League TM , a global professional esports league with city-based teams. Blizzard’s key product franchises include: World of Warcraft ® , a subscription-based massive multi-player online role-playing game for the PC platform; Diablo ® , an action role-playing franchise for the PC and console platforms; Hearthstone ® , an online collectible card franchise for the PC and mobile platforms; and Overwatch ® , a team-based first-person action title for the PC and console platforms. (iii) King Digital Entertainment King is a leading global developer and publisher of interactive entertainment content and services, primarily for the mobile platform. King also distributes its content and services on the PC platform, primarily via Facebook. King’s games are free to play; however, players can acquire in-game items, either with virtual currency or real currency, and we continue to focus on in-game advertising as a growing source of additional revenue. King’s key product franchise is Candy Crush™, which features “match three” games for the mobile and PC platforms. Other We also engage in other businesses that do not represent reportable segments, including the Activision Blizzard Distribution (“Distribution”) business, which consists of operations in Europe that provide warehousing, logistics, and sales distribution services to third-party publishers of interactive entertainment software, our own publishing operations, and manufacturers of interactive entertainment hardware. Basis of Consolidation and Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission and accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim reporting. Accordingly, certain notes or other information that are normally required by U.S. GAAP have been condensed or omitted if they substantially duplicate the disclosures contained in our annual audited consolidated financial statements. Additionally, the year-end condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by U.S. GAAP. Accordingly, the unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2019. The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Generally, making these estimates and developing our assumptions requires consideration of forecasted information, which, in context of the COVID-19 pandemic, involves additional uncertainty. While there was no material impact to our estimates in the current period, in future periods, facts and circumstances (including, without limitation, the impact of the ongoing global COVID-19 pandemic) could change and impact our estimates. Additionally, actual results could differ from these estimates and assumptions. In the opinion of management, all adjustments considered necessary for the fair statement of our financial position and results of operations in accordance with U.S. GAAP (consisting of normal recurring adjustments) have been included in the accompanying unaudited condensed consolidated financial statements. The accompanying condensed consolidated financial statements include the accounts and operations of the Company. All intercompany accounts and transactions have been eliminated. Certain reclassifications have been made to prior-year amounts to conform to the current period presentation.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Jun. 30, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recently Adopted Accounting Pronouncements Cloud Computing Arrangements In August 2018, the Financial Accounting Standards Board (“FASB”) issued new guidance related to a customer’s accounting for implementation costs incurred in a cloud computing arrangement (i.e., hosting arrangement) that is a service contract. The new guidance requires customers to capitalize implementation costs for these arrangements by applying the same criteria that are utilized for existing internal-use software guidance. The capitalized costs are required to be amortized over the associated term of the arrangement, generally on a straight-line basis, with amortization of these costs presented in the same financial statement line item as other costs associated with the arrangement. We adopted the new standard under a prospective approach during the first quarter of 2020 and it did not have a material impact on our condensed consolidated financial statements. Goodwill In January 2017, the FASB issued new guidance that eliminates Step 2 from the goodwill impairment test. Instead, if an entity forgoes a Step 0 test, that entity will be required to perform its annual or interim goodwill impairment test by (1) comparing the fair value of a reporting unit, as determined in Step 1 from the goodwill impairment test, with its carrying amount and (2) recognizing an impairment charge, if any, for the amount by which the carrying amount exceeds the reporting unit’s fair value, not to exceed the total amount of goodwill allocated to the reporting unit. We adopted the new standard under a prospective approach during the first quarter of 2020 and it did not have a material impact on our condensed consolidated financial statements. Financial Instruments - Credit Losses In June 2016, the FASB issued new guidance related to accounting for credit losses on financial instruments. The update replaces the existing incurred loss impairment model with a methodology that reflects a current expected credit losses model which requires the use of historical and forward-looking information to calculate credit loss estimates. It also eliminates the concept of other-than-temporary impairment and requires credit losses related to available-for-sale debt securities to be recorded through an allowance for credit losses rather than as a reduction in the amortized cost basis of the securities. These changes will generally result in earlier recognition of credit losses. We adopted the new standard under a modified retrospective basis, with the cumulative effect of adoption recorded as an adjustment to retained earnings during the first quarter of 2020. The adoption of this standard did not have a material impact on our condensed consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted Simplifying the Accounting for Income Taxes In December 2019, the FASB issued new guidance which is intended to simplify various aspects of accounting for income taxes by removing certain exceptions to the general principles in Topic 740 f or recognizing deferred taxes for investments, performing an intraperiod allocation and calculating income taxes in interim periods . The amendment also clarifies and amends certain areas of existing guidance to reduce complexity and improve consistency in the application of Topic 740. The new standard is effective for fiscal years beginning after December 15, 2020. Early adoption is permitted, including adoption in any interim period for which financial statements have not yet been issued. Generally, the topics must be applied prospectively upon adoption, with the exception of certain topics which are required to be applied on a retrospective or modified retrospective basis. We are evaluating the impact, if any, of adopting this new accounting guidance on our financial statements.

Software Development and Intell

Software Development and Intellectual Property Licenses	6 Months Ended
	Jun. 30, 2020
Software Development Costs and Intellectual Property Licenses
Software Development and Intellectual Property Licenses	Software Development and Intellectual Property Licenses The following table summarizes the components of our capitalized software development costs (amounts in millions): At June 30, 2020 At December 31, 2019 Internally-developed software costs $ 436 $ 345 Payments made to third-party software developers 29 31 Total software development costs $ 465 $ 376 As of both June 30, 2020 and December 31, 2019, capitalized intellectual property licenses were not material. Amortization of capitalized software development costs and intellectual property licenses was as follows (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Amortization of capitalized software development costs and intellectual property licenses $ 30 $ 54 $ 112 $ 164

Intangible Assets, Net

Intangible Assets, Net	6 Months Ended
	Jun. 30, 2020
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets, Net	Intangible Assets, Net Intangible assets, net, consist of the following (amounts in millions): At June 30, 2020 Estimated useful lives Gross carrying amount Accumulated amortization Net carrying amount Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,128) $ 26 Developed software 2 - 5 years 601 (599) 2 Trade names 7 - 10 years 54 (33) 21 Other 1 - 15 years 19 (17) 2 Total definite-lived intangible assets $ 1,828 $ (1,777) $ 51 Acquired indefinite-lived intangible assets: Activision trademark Indefinite 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 484 At December 31, 2019 Estimated useful lives Gross carrying amount Accumulated amortization Net carrying amount Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,105) $ 49 Developed software 2 - 5 years 601 (579) 22 Trade names 7 - 10 years 54 (30) 24 Other 1 - 15 years 19 (16) 3 Total definite-lived intangible assets $ 1,828 $ (1,730) $ 98 Acquired indefinite-lived intangible assets: Activision trademark Indefinite 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 531 Amortization expense of our intangible assets was $14 million and $47 million for the three and six months ended June 30, 2020, respectively. Amortization expense of our intangible assets was $48 million and $103 million for the three and six months ended June 30, 2019, respectively. At June 30, 2020, future amortization of definite-lived intangible assets is estimated as follows (amounts in millions): For the years ending December 31, 2020 (remaining six months) $ 28 2021 11 2022 7 2023 2 2024 1 Thereafter 2 Total $ 51

Goodwill

Goodwill	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The changes in the carrying amount of goodwill by reportable segment are as follows (amounts in millions): Activision Blizzard King Total Balance at December 31, 2019 $ 6,898 $ 190 $ 2,676 $ 9,764 Other (1) — — (1) Balance at June 30, 2020 $ 6,897 $ 190 $ 2,676 $ 9,763

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The FASB literature regarding fair value measurements for certain assets and liabilities establishes a three-level fair value hierarchy that prioritizes the inputs used to measure fair value. This hierarchy requires entities to maximize the use of “observable inputs” and minimize the use of “unobservable inputs.” The three levels of inputs used to measure fair value are as follows: • Level 1—Quoted prices in active markets for identical assets or liabilities; • Level 2—Observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets or liabilities in active markets or other inputs that are observable or can be corroborated by observable market data; and • Level 3—Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities, including certain pricing models, discounted cash flow methodologies, and similar techniques that use significant unobservable inputs. Fair Value Measurements on a Recurring Basis The table below segregates all of our financial assets and liabilities that are measured at fair value on a recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date (amounts in millions): Fair Value Measurements at June 30, 2020 Using As of June 30, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Classification Financial Assets: Recurring fair value measurements: Money market funds $ 5,982 $ 5,982 $ — $ — Cash and cash equivalents Foreign government treasury bills 32 32 — — Cash and cash equivalents U.S. treasuries and government agency securities 121 121 — — Other current assets Foreign currency forward contracts designated as hedges 3 — 3 — Other current assets and Other assets Total recurring fair value measurements $ 6,138 $ 6,135 $ 3 $ — Financial Liabilities: Foreign currency forward contracts designated as hedges $ (4) $ — $ (4) $ — Accrued expenses and other liabilities Fair Value Measurements at December 31, 2019 Using As of December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Classification Financial Assets: Recurring fair value measurements: Money market funds $ 5,320 $ 5,320 $ — $ — Cash and cash equivalents Foreign government treasury bills 37 37 — — Cash and cash equivalents U.S. treasuries and government agency securities 65 65 — — Other current assets Total recurring fair value measurements $ 5,422 $ 5,422 $ — $ — Financial Liabilities: Foreign currency forward contracts not designated as hedges $ (2) $ — $ (2) $ — Accrued expenses and other liabilities Foreign currency forward contracts designated as hedges $ (2) $ — $ (2) $ — Accrued expenses and other liabilities Foreign Currency Forward Contracts Foreign Currency Forward Contracts Designated as Hedges (“Cash Flow Hedges”) The total gross notional amounts and fair values of our Cash Flow Hedges, which have remaining maturities of 17 months or less, are as follows (amounts in millions): As of June 30, 2020 As of December 31, 2019 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell Euro $ 623 $ (1) $ 350 $ (2) The amount of pre-tax net realized gains (losses) associated with our Cash Flow Hedges that were reclassified out of “Accumulated other comprehensive income (loss)” and into earnings was as follows (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, Statement of Operations Classification 2020 2019 2020 2019 Cash Flow Hedges $ 3 $ 6 $ 12 $ 17 Net revenues Foreign Currency Forward Contracts Not Designated as Hedges The gross notional amounts and fair values of our foreign currency forward contracts not designated as hedges are as follows (amounts in millions): As of June 30, 2020 As of December 31, 2019 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell GBP $ 25 $ — $ 25 $ (2) For the three and six months ended June 30, 2020 and 2019, pre-tax net gains (losses) associated with these forward contracts were recorded in “General and administrative expenses” and were not material. Fair Value Measurements on a Non-Recurring Basis We measure the fair value of certain assets on a non-recurring basis, generally annually or when events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. During the second quarter of 2019, we recorded an upward adjustment of $38 million to an investment in equity securities, which had historically been carried at cost, based on an observable and orderly transaction in the common stock of the investee. As of both June 30, 2020 and December 31, 2019, the carrying value of the investment is $42 million, and is recorded in “Other assets” on our condensed consolidated balance sheet. We classify this investment as Level 3 in the fair value hierarchy as we estimated the value based on valuation methods using the observable transaction price in a market with limited activity. For the three and six months ended June 30, 2020 and 2019, there were no impairment charges related to assets that are measured on a non-recurring basis.

Deferred revenues

Deferred revenues	6 Months Ended
	Jun. 30, 2020
Revenue from Contract with Customer [Abstract]
Deferred revenues	Deferred revenues We record deferred revenues when cash payments are received or due in advance of the fulfillment of our associated performance obligations. The aggregate of the current and non-current balances of deferred revenues as of December 31, 2019 and June 30, 2020, were $1.4 billion and $1.2 billion, respectively. For the six months ended June 30, 2020, the additions to our deferred revenues balance were primarily due to cash payments received or due in advance of satisfying our performance obligations, while the reductions to our deferred revenues balance were primarily due to the recognition of revenues upon fulfillment of our pe rformance obligations, both of which were in the ordinary course of business. During the three and six months ended June 30, 2020, $0.4 billion and $1.2 billion of revenues, respectively, were recognized that were included in the deferred revenues balance at December 31, 2019. During the three and six months ended June 30, 2019, $0.4 billion and $1.3 billion of revenues, respectively, were recognized that were included in the deferred revenues balance at December 31, 2018. As of June 30, 2020, the aggregate amount of contracted revenues allocated to our unsatisfied performance obligations is $2.5 billion, which includes our deferred revenues balances and amounts to be invoiced and recognized as revenue in future periods. We expect to recognize approximately $1.4 billion over the next 12 months, $0.5 billion in the subsequent 12-month period, and the remainder thereafter. This balance does not include an estimate for variable consideration arising from sales-based royalty license revenue in excess of the contractual minimum guarantee.

Debt

Debt	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Debt	Debt Credit Facilities As of June 30, 2020 and December 31, 2019, we had $1.5 billion available under a revolving credit facility (the “Revolver”) pursuant to a credit agreement entered into on October 11, 2013 (as amended thereafter and from time to time, the “Credit Agreement”). To date, we have not drawn on the Revolver, and we were in compliance with the terms of the Credit Agreement as of June 30, 2020. Refer to Note 13 contained in our Annual Report on Form 10-K for the year ended December 31, 2019 for further details regarding the Credit Agreement, its key terms, and previous amendments made to it. Unsecured Senior Notes At June 30, 2020 and December 31, 2019, we had the following unsecured senior notes outstanding: • $650 million of 2.3% unsecured senior notes due September 2021 (the “2021 Notes”); • $400 million of 2.6% unsecured senior notes due June 2022 (the “2022 Notes”); • $850 million of 3.4% unsecured senior notes due September 2026 (the “2026 Notes”); • $400 million of 3.4% unsecured senior notes due June 2027 (the “2027 Notes”); and • $400 million of 4.5% unsecured senior notes due June 2047 (the “2047 Notes”, and together with the 2021 Notes, the 2022 Notes, the 2026 Notes, and the 2027 Notes, the “Notes”). The Notes are general senior obligations of the Company and rank pari passu in right of payment to all of the Company’s existing and future senior indebtedness, including the Revolver. The Notes are not secured and are effectively junior to any of the Company’s existing and future indebtedness that is secured to the extent of the value of the collateral securing such indebtedness. We were in compliance with the terms of the Notes as of June 30, 2020. Interest is payable semi-annually in arrears on March 15 and September 15 of each year for the 2021 Notes and the 2026 Notes, and payable semi-annually in arrears on June 15 and December 15 of each year for the 2022 Notes, the 2027 Notes, and the 2047 Notes. Accrued interest payable is recorded within “Accrued expenses and other liabilities” in our condensed consolidated balance sheets. As of June 30, 2020 and December 31, 2019, we had accrued interest payable of $15 million related to the Notes. Refer to Note 13 contained in our Annual Report on Form 10-K for the year ended December 31, 2019 for further details regarding key terms under our indentures that govern the Notes. A summary of our outstanding debt is as follows (amounts in millions): At June 30, 2020 Gross Carrying Unamortized Net Carrying 2021 Notes $ 650 $ (2) $ 648 2022 Notes 400 (2) 398 2026 Notes 850 (7) 843 2027 Notes 400 (4) 396 2047 Notes 400 (9) 391 Total long-term debt $ 2,700 $ (24) $ 2,676 At December 31, 2019 Gross Carrying Unamortized Net Carrying 2021 Notes $ 650 $ (2) $ 648 2022 Notes 400 (2) 398 2026 Notes 850 (7) 843 2027 Notes 400 (5) 395 2047 Notes 400 (9) 391 Total long-term debt $ 2,700 $ (25) $ 2,675 As of June 30, 2020, the scheduled maturities and contractual principal repayments of our debt for each of the five succeeding years and thereafter are as follows (amounts in millions): For the years ending December 31, 2020 (remaining six months) $ — 2021 650 2022 400 2023 — 2024 — Thereafter 1,650 Total $ 2,700 Using Level 2 inputs (i.e., observable market prices in less-than-active markets) at June 30, 2020, the carrying values of the 2021 Notes and the 2022 Notes approximated their fair values, as the interest rates were similar to the current rates at which we could borrow funds over the selected interest periods. At June 30, 2020, based on Level 2 inputs, the fair values of the 2026, the 2027, and 2047 Notes were $971 million, $449 million, and $513 million, respectively. Using Level 2 inputs at December 31, 2019, the carrying values of the 2021 Notes, the 2022 Notes, and the 2027 Notes approximated their fair values, as the interest rates were similar to the current rates at which we could borrow funds over the selected interest periods. At December 31, 2019, based on Level 2 inputs, the fair values of the 2026 Notes and the 2047 Notes were $893 million and $456 million, respectively.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The components of accumulated other comprehensive income (loss) were as follows (amounts in millions): For the Six Months Ended June 30, 2020 Foreign currency translation adjustments Unrealized gain (loss) on forward contracts Unrealized gain (loss) on available-for-sale securities Total Balance at December 31, 2019 $ (624) $ 8 $ (3) $ (619) Other comprehensive income (loss) before reclassifications (9) 3 5 (1) Amounts reclassified from accumulated other comprehensive income (loss) into earnings (2) (12) — (14) Balance at June 30, 2020 $ (635) $ (1) $ 2 $ (634) For the Six Months Ended June 30, 2019 Foreign currency translation adjustments Unrealized gain (loss) on forward contracts Unrealized gain (loss) on available-for-sale securities Total Balance at December 31, 2018 $ (629) $ 23 $ 5 $ (601) Other comprehensive income (loss) before reclassifications 1 11 (1) 11 Amounts reclassified from accumulated other comprehensive income (loss) into earnings — (17) (1) (18) Balance at June 30, 2019 $ (628) $ 17 $ 3 $ (608)

Operating Segments and Geograph

Operating Segments and Geographic Region	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Operating Segments and Geographic Region	Operating Segments and Geographic Region We have three reportable segments—Activision, Blizzard, and King. Our operating segments are consistent with the manner in which our operations are reviewed and managed by our Chief Executive Officer, who is our chief operating decision maker (“CODM”). The CODM reviews segment performance exclusive of: the impact of the change in deferred revenues and related cost of revenues with respect to certain of our online-enabled games; share-based compensation expense; amortization of intangible assets as a result of purchase price accounting; fees and other expenses (including legal fees, expenses, and accruals) related to acquisitions, associated integration activities, and financings; certain restructuring and related costs; and certain other non-cash charges. The CODM does not review any information regarding total assets on an operating segment basis, and accordingly, no disclosure is made with respect thereto. Our operating segments are also consistent with our internal organizational structure, the way we assess operating performance and allocate resources, and the availability of separate financial information. We do not aggregate operating segments. Information on reportable segment net revenues and operating income for the three months ended June 30, 2020 and 2019, are presented below (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 993 $ 433 $ 553 $ 1,979 Intersegment net revenues (1) — 28 — 28 Segment net revenues $ 993 $ 461 $ 553 $ 2,007 Segment operating income $ 559 $ 203 $ 212 $ 974 Three Months Ended June 30, 2019 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 268 $ 381 $ 499 $ 1,148 Intersegment net revenues (1) — 3 — 3 Segment net revenues $ 268 $ 384 $ 499 $ 1,151 Segment operating income $ 55 $ 75 $ 171 $ 301 Information on reportable segment net revenues and operating income for the six months ended June 30, 2020 and 2019, are presented below (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 1,512 $ 870 $ 1,051 $ 3,433 Intersegment net revenues (1) — 44 — 44 Segment net revenues $ 1,512 $ 914 $ 1,051 $ 3,477 Segment operating income $ 743 $ 400 $ 367 $ 1,510 Six Months Ended June 30, 2019 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 585 $ 720 $ 1,028 $ 2,333 Intersegment net revenues (1) — 8 — 8 Segment net revenues $ 585 $ 728 $ 1,028 $ 2,341 Segment operating income $ 128 $ 130 $ 349 $ 607 (1) Intersegment revenues reflect licensing and service fees charged between segments. Reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below (amounts in millions): Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Reconciliation to consolidated net revenues: Segment net revenues $ 2,007 $ 1,151 $ 3,477 $ 2,341 Revenues from non-reportable segments (1) 99 59 167 132 Net effect from recognition (deferral) of deferred net revenues (2) (146) 189 119 755 Elimination of intersegment revenues (3) (28) (3) (44) (8) Consolidated net revenues $ 1,932 $ 1,396 $ 3,719 $ 3,220 Reconciliation to consolidated income before income tax expense: Segment operating income $ 974 $ 301 $ 1,510 $ 607 Operating income (loss) from non-reportable segments (1) (11) 7 (7) 4 Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2) (152) 135 19 576 Share-based compensation expense (42) (38) (85) (100) Amortization of intangible assets (14) (47) (47) (102) Restructuring and related costs (4) (6) (22) (29) (79) Consolidated operating income 749 336 1,361 906 Interest and other expense (income), net 22 (34) 30 (31) Consolidated income before income tax expense $ 727 $ 370 $ 1,331 $ 937 (1) Includes other income and expenses from operating segments managed outside the reportable segments, including our Distribution business. Also includes unallocated corporate income and expenses. (2) Reflects the net effect from recognition (deferral) of deferred net revenues, along with related cost of revenues, on certain of our online-enabled products. (3) Intersegment revenues reflect licensing and service fees charged between segments. (4) Reflects restructuring initiatives, which include severance and other restructuring-related costs. Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the three months ended June 30, 2020 and 2019, were as follows (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 680 $ 390 $ 549 $ — $ (28) $ 1,591 Retail channels 163 5 — — — 168 Other (2) 27 45 — 101 — 173 Total consolidated net revenues $ 870 $ 440 $ 549 $ 101 $ (28) $ 1,932 Change in deferred revenues: Digital online channels (1) $ 206 $ 20 $ 4 $ — $ — $ 230 Retail channels (83) 1 — — — (82) Other (2) — — — (2) — (2) Total change in deferred revenues $ 123 $ 21 $ 4 $ (2) $ — $ 146 Segment net revenues: Digital online channels (1) $ 886 $ 410 $ 553 $ — $ (28) $ 1,821 Retail channels 80 6 — — — 86 Other (2) 27 45 — 99 — 171 Total segment net revenues $ 993 $ 461 $ 553 $ 99 $ (28) $ 2,078 Three Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 248 $ 342 $ 499 $ — $ (3) $ 1,086 Retail channels 180 13 — — — 193 Other (2) — 56 — 61 — 117 Total consolidated net revenues $ 428 $ 411 $ 499 $ 61 $ (3) $ 1,396 Change in deferred revenues: Digital online channels (1) $ (51) $ (25) $ — $ — $ — $ (76) Retail channels (109) (3) — — — (112) Other (2) — 1 — (2) — (1) Total change in deferred revenues $ (160) $ (27) $ — $ (2) $ — $ (189) Segment net revenues: Digital online channels (1) $ 197 $ 317 $ 499 $ — $ (3) $ 1,010 Retail channels 71 10 — — — 81 Other (2) — 57 — 59 — 116 Total segment net revenues $ 268 $ 384 $ 499 $ 59 $ (3) $ 1,207 Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the six months ended June 30, 2020 and 2019, were as follows (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 1,228 $ 798 $ 1,048 $ — $ (44) $ 3,030 Retail channels 375 15 — — — 390 Other (2) 47 76 — 176 — 299 Total consolidated net revenues $ 1,650 $ 889 $ 1,048 $ 176 $ (44) $ 3,719 Change in deferred revenues: Digital online channels (1) $ 114 $ 29 $ 3 $ — $ — $ 146 Retail channels (252) (3) — — — (255) Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (138) $ 25 $ 3 $ (9) $ — $ (119) Segment net revenues: Digital online channels (1) $ 1,342 $ 827 $ 1,051 $ — $ (44) $ 3,176 Retail channels 123 12 — — — 135 Other (2) 47 75 — 167 — 289 Total segment net revenues $ 1,512 $ 914 $ 1,051 $ 167 $ (44) $ 3,600 Six Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 714 $ 748 $ 1,025 $ — $ (8) $ 2,479 Retail channels 476 29 — — — 505 Other (2) — 95 — 141 — 236 Total consolidated net revenues $ 1,190 $ 872 $ 1,025 $ 141 $ (8) $ 3,220 Change in deferred revenues: Digital online channels (1) $ (268) $ (139) $ 3 $ — $ — $ (404) Retail channels (337) (7) — — — (344) Other (2) — 2 — (9) — (7) Total change in deferred revenues $ (605) $ (144) $ 3 $ (9) $ — $ (755) Segment net revenues: Digital online channels (1) $ 446 $ 609 $ 1,028 $ — $ (8) $ 2,075 Retail channels 139 22 — — — 161 Other (2) — 97 — 132 — 229 Total segment net revenues $ 585 $ 728 $ 1,028 $ 132 $ (8) $ 2,465 (1) Net revenues from “Digital online channels” include revenues from digitally-distributed subscriptions, downloadable content, microtransactions, and products, as well as licensing royalties. (2) Net revenues from “Other” include revenues from our Distribution business, the Overwatch League, and the Call of Duty League. (3) Intersegment revenues reflect licensing and service fees charged between segments. Geographic information presented below is based on the location of the paying customer. Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the three months ended June 30, 2020 and 2019, were as follows (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 548 $ 216 $ 362 $ — $ (14) $ 1,112 EMEA (1) 248 141 135 101 (10) 615 Asia Pacific 74 83 52 — (4) 205 Total consolidated net revenues $ 870 $ 440 $ 549 $ 101 $ (28) $ 1,932 Change in deferred revenues: Americas $ 100 $ 19 $ 5 $ — $ — $ 124 EMEA (1) 17 1 — (2) — 16 Asia Pacific 6 1 (1) — — 6 Total change in deferred revenues $ 123 $ 21 $ 4 $ (2) $ — $ 146 Segment net revenues: Americas $ 648 $ 235 $ 367 $ — $ (14) $ 1,236 EMEA (1) 265 142 135 99 (10) 631 Asia Pacific 80 84 51 — (4) 211 Total segment net revenues $ 993 $ 461 $ 553 $ 99 $ (28) $ 2,078 Three Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 255 $ 202 $ 309 $ — $ (2) $ 764 EMEA (1) 135 127 137 61 (1) 459 Asia Pacific 38 82 53 — — 173 Total consolidated net revenues $ 428 $ 411 $ 499 $ 61 $ (3) $ 1,396 Change in deferred revenues: Americas $ (105) $ (15) $ (1) $ — $ 1 $ (120) EMEA (1) (42) (13) — (2) (1) (58) Asia Pacific (13) 1 1 — — (11) Total change in deferred revenues $ (160) $ (27) $ — $ (2) $ — $ (189) Segment net revenues: Americas $ 150 $ 187 $ 308 $ — $ (1) $ 644 EMEA (1) 93 114 137 59 (2) 401 Asia Pacific 25 83 54 — — 162 Total segment net revenues $ 268 $ 384 $ 499 $ 59 $ (3) $ 1,207 Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the six months ended June 30, 2020 and 2019, were as follows (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 1,020 $ 387 $ 674 $ — $ (21) $ 2,060 EMEA (1) 487 262 271 176 (15) 1,181 Asia Pacific 143 240 103 — (8) 478 Total consolidated net revenues $ 1,650 $ 889 $ 1,048 $ 176 $ (44) $ 3,719 Change in deferred revenues: Americas $ (46) $ 22 $ 5 $ — $ — $ (19) EMEA (1) (79) 5 (2) (9) — (85) Asia Pacific (13) (2) — — — (15) Total change in deferred revenues $ (138) $ 25 $ 3 $ (9) $ — $ (119) Segment net revenues: Americas $ 974 $ 409 $ 679 $ — $ (21) $ 2,041 EMEA (1) 408 267 269 167 (15) 1,096 Asia Pacific 130 238 103 — (8) 463 Total segment net revenues $ 1,512 $ 914 $ 1,051 $ 167 $ (44) $ 3,600 Six Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 712 $ 409 $ 634 $ — $ (4) $ 1,751 EMEA (1) 378 276 281 141 (3) 1,073 Asia Pacific 100 187 110 — (1) 396 Total consolidated net revenues $ 1,190 $ 872 $ 1,025 $ 141 $ (8) $ 3,220 Change in deferred revenues: Americas $ (371) $ (70) $ 4 $ — $ — $ (437) EMEA (1) (189) (61) — (9) — (259) Asia Pacific (45) (13) (1) — — (59) Total change in deferred revenues $ (605) $ (144) $ 3 $ (9) $ — $ (755) Segment net revenues: Americas $ 341 $ 339 $ 638 $ — $ (4) $ 1,314 EMEA (1) 189 215 281 132 (3) 814 Asia Pacific 55 174 109 — (1) 337 Total segment net revenues $ 585 $ 728 $ 1,028 $ 132 $ (8) $ 2,465 (1) “EMEA” consists of the Europe, Middle East, and Africa geographic regions. (2) Intersegment revenues reflect licensing and service fees charged between segments. The Company’s net revenues in the U.S. were 51% and 49% of consolidated net revenues for the three months ended June 30, 2020 and 2019, respectively. The Company’s net revenues in the U.K. were 11% and 9% of consolidated net revenues for the three months ended June 30, 2020 and 2019, respectively. No other country’s net revenues exceeded 10% of consolidated net revenues for either the three months ended June 30, 2020 or 2019. The Company’s net revenues in the U.S. were 50% and 49% of consolidated net revenues for the six months ended June 30, 2020 and 2019, respectively. The Company’s net revenues in the U.K. were 10% and 9% of consolidated net revenues for the six months ended June 30, 2020 and 2019, respectively. No other country’s net revenues exceeded 10% of consolidated net revenues for either the six months ended June 30, 2020 or 2019. Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the three months ended June 30, 2020 and 2019, were as follows (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 623 $ 32 $ — $ — $ — $ 655 PC 146 339 25 — (28) 482 Mobile and ancillary (1) 74 24 524 — — 622 Other (2) 27 45 — 101 — 173 Total consolidated net revenues $ 870 $ 440 $ 549 $ 101 $ (28) $ 1,932 Change in deferred revenues: Console $ 53 $ 5 $ — $ — $ — $ 58 PC 21 15 1 — — 37 Mobile and ancillary (1) 49 1 3 — — 53 Other (2) — — — (2) — (2) Total change in deferred revenues $ 123 $ 21 $ 4 $ (2) $ — $ 146 Segment net revenues: Console $ 676 $ 37 $ — $ — $ — $ 713 PC 167 354 26 — (28) 519 Mobile and ancillary (1) 123 25 527 — — 675 Other (2) 27 45 — 99 — 171 Total segment net revenues $ 993 $ 461 $ 553 $ 99 $ (28) $ 2,078 Three Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 374 $ 33 $ — $ — $ — $ 407 PC 51 282 31 — (3) 361 Mobile and ancillary (1) 3 40 468 — — 511 Other (2) — 56 — 61 — 117 Total consolidated net revenues $ 428 $ 411 $ 499 $ 61 $ (3) $ 1,396 Change in deferred revenues: Console $ (141) $ (5) $ — $ — $ — $ (146) PC (19) (31) — — — (50) Mobile and ancillary (1) — 8 — — — 8 Other (2) — 1 — (2) — (1) Total change in deferred revenues $ (160) $ (27) $ — $ (2) $ — $ (189) Segment net revenues: Console $ 233 $ 28 $ — $ — $ — $ 261 PC 32 251 31 — (3) 311 Mobile and ancillary (1) 3 48 468 — — 519 Other (2) — 57 — 59 — 116 Total segment net revenues $ 268 $ 384 $ 499 $ 59 $ (3) $ 1,207 Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the six months ended June 30, 2020 and 2019, were as follows (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,190 $ 59 $ — $ — $ — $ 1,249 PC 273 702 50 — (44) 981 Mobile and ancillary (1) 140 52 998 — — 1,190 Other (2) 47 76 — 176 — 299 Total consolidated net revenues $ 1,650 $ 889 $ 1,048 $ 176 $ (44) $ 3,719 Change in deferred revenues: Console $ (169) $ (3) $ — $ — $ — $ (172) PC (17) 34 — — — 17 Mobile and ancillary (1) 48 (5) 3 — — 46 Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (138) $ 25 $ 3 $ (9) $ — $ (119) Segment net revenues: Console $ 1,021 $ 56 $ — $ — $ — $ 1,077 PC 256 736 50 — (44) 998 Mobile and ancillary (1) 188 47 1,001 — — 1,236 Other (2) 47 75 — 167 — 289 Total segment net revenues $ 1,512 $ 914 $ 1,051 $ 167 $ (44) $ 3,600 Six Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,008 $ 75 $ — $ — $ — $ 1,083 PC 176 623 64 — (8) 855 Mobile and ancillary (1) 6 79 961 — — 1,046 Other (2) — 95 — 141 — 236 Total consolidated net revenues $ 1,190 $ 872 $ 1,025 $ 141 $ (8) $ 3,220 Change in deferred revenues: Console $ (527) $ (17) $ — $ — $ — $ (544) PC (77) (120) 1 — — (196) Mobile and ancillary (1) (1) (9) 2 — — (8) Other (2) — 2 — (9) — (7) Total change in deferred revenues $ (605) $ (144) $ 3 $ (9) $ — $ (755) Segment net revenues: Console $ 481 $ 58 $ — $ — $ — $ 539 PC 99 503 65 — (8) 659 Mobile and ancillary (1) 5 70 963 — — 1,038 Other (2) — 97 — 132 — 229 Total segment net revenues $ 585 $ 728 $ 1,028 $ 132 $ (8) $ 2,465 (1) Net revenues from “Mobile and ancillary” include revenues from mobile devices, as well as non-platform specific game-related revenues, such as standalone sales of physical merchandise and accessories. (2) Net revenues from “Other” include revenues from our Distribution business, the Overwatch League, and the Call of Duty League. (3) Intersegment revenues reflect licensing and service fees charged between segments. Long-lived assets by geographic region were as follows (amounts in millions): At June 30, 2020 At December 31, 2019 Long-lived assets (1) by geographic region: Americas $ 291 $ 322 EMEA 127 142 Asia Pacific 16 21 Total long-lived assets by geographic region $ 434 $ 485 (1) The only long-lived assets that we classify by region are our long-term tangible fixed assets, which consist of property, plant, and equipment assets, and our lease right-of-use assets; all other long-term assets are not allocated by location.

Restructuring

Restructuring	6 Months Ended
	Jun. 30, 2020
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring During 2019, we began implementing our previously announced restructuring plan aimed at refocusing our resources on our largest opportunities and removing unnecessary levels of complexity from certain parts of our business. We have been: • increasing our investment in development for our largest, internally-owned franchises—across upfront releases, in-game content, mobile, and geographic expansion; • reducing certain non-development and administrative-related costs across our business; and • integrating our global and regional sales and “go-to-market,” partnerships, and sponsorships capabilities across the business, which we believe will enable us to provide better opportunities for talent, and greater expertise and scale on behalf of our business units. The restructuring actions remain in progress as we continue to focus on these goals and execute against our plan in 2020. The following table summarizes accrued restructuring and related costs included in “Accrued expenses and other liabilities” in our condensed consolidated balance sheet and the cumulative charges incurred (amounts in millions): Severance and employee-related costs Facilities and related costs Other costs Total Balance at December 31, 2019 $ 32 $ — $ 3 $ 35 Costs charged to expense 23 — — 23 Cash payments (6) — (2) (8) Balance at March 31, 2020 $ 49 $ — $ 1 $ 50 Costs charged to expense 3 — 1 4 Cash payments (3) — (2) (5) Balance at June 30, 2020 $ 49 $ — $ — $ 49 Cumulative charges incurred through June 30, 2020 $ 102 $ 29 $ 33 $ 164 Total restructuring and related costs by segment are (amounts in millions): Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Activision $ 2 $ 2 $ 4 $ 11 Blizzard 2 13 23 39 King (1) 6 (2) 13 Other segments (1) 1 1 2 16 Total $ 4 $ 22 $ 27 $ 79 (1) Includes charges related to operating segments managed outside the reportable segments, including our Distribution business. Also includes restructuring charges for our corporate and administrative functions. During the three months ended June 30, 2020 we incurred additional restructuring charges that are not included in the restructuring plan discussed above. Such amounts were not material. We expect to incur aggregate pre-tax restructuring charges of approximately $190 million associated with the restructuring plan, of which $50 million are expected to be incurred in 2020 as we complete the execution of the plan. The charges associated with the restructuring plan will primarily relate to severance and employee-related costs (approximately 60% of the aggregate charge), including, in many cases, amounts above those that are legally required, facilities and related costs (approximately 20% of the aggregate charge), and other costs (approximately 20% of the aggregate charge), including charges for restructuring related fees and the write-down of assets. A majority of the total pre-tax charge associated with the restructuring will be paid in cash using amounts on hand and such cash outlays are largely expected to have been completed by the end of 2020, with a smaller portion continuing into 2021. The total charges incurred through June 30, 2020 and total expected pre-tax restructuring charges related to the restructuring plan by segment, inclusive of amounts already incurred, are presented below (amounts in millions): Total Charges Incurred Through June 30, 2020 Total Expected Charges Activision $ 23 $ 25 Blizzard 96 105 King 18 20 Other segments (1) 27 40 Total $ 164 $ 190 (1) Includes charges related to operating segments managed outside the reportable segments, including our Distribution business. Also includes restructuring charges for our corporate and administrative functions.

Interest and Other Expense (Inc

Interest and Other Expense (Income), Net	6 Months Ended
	Jun. 30, 2020
Other Income and Expenses [Abstract]
Interest and Other Expense (Income), Net	Interest and Other Expense (Income), Net Interest and other expense (income), net is comprised of the following (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Interest income $ (2) $ (19) $ (18) $ (41) Interest expense from debt and amortization of debt discount and deferred financing costs 23 23 45 46 Unrealized gain on equity investment — (38) — (38) Other expense (income), net 1 — 3 2 Interest and other expense (income), net $ 22 $ (34) $ 30 $ (31)

Income Taxes

Income Taxes	6 Months Ended
	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes We account for our provision for income taxes in accordance with ASC 740, Income Taxes , which requires an estimate of the annual effective tax rate for the full year to be applied to the interim period, taking into account year-to-date amounts and projected results for the full year. The provision for income taxes represents federal, foreign, state, and local income taxes. Our effective tax rate could be different from the statutory U.S. income tax rate due to: the effect of state and local income taxes; tax rates that apply to our foreign income (including U.S. tax on foreign income); research and development credits; and certain nondeductible expenses. Our effective tax rate could fluctuate significantly from quarter to quarter based on recurring and nonrecurring factors including, but not limited to: variations in the estimated and actual level of pre-tax income or loss by jurisdiction; changes in enacted tax laws and regulations, and interpretations thereof, including with respect to tax credits and state and local income taxes; developments in tax audits and other matters; recognition of excess tax benefits and tax deficiencies from share-based payments; and certain nondeductible expenses. Changes in judgment from the evaluation of new information resulting in the recognition, derecognition, or remeasurement of a tax position taken in a prior annual period are recognized separately in the quarter of the change. The income tax expense of $147 million for the three months ended June 30, 2020, reflects an effective tax rate of 20%, which is higher than the effective tax rate of 11% for the three months ended June 30, 2019. The increase is primarily due to a discrete tax benefit recognized in the prior year in connection with tax audit settlements and a discrete tax expense recorded in the current quarter for a change in valuation allowance. The income tax expense of $247 million for the six months ended June 30, 2020 reflects an effective tax rate of 19%, which is higher than the effective tax rate of 17% for the six months ended June 30, 2019. The increase is primarily due to a discrete tax benefit recognized in the prior year in connection with tax audit settlements. The effective tax rates of 20% and 19% for the three and six months ended June 30, 2020 are lower than the U.S. statutory rate of 21% primarily due to lower U.S. taxes on foreign earnings and the recognition of federal research and development credits. On July 9, 2020, the U.S. Treasury Department issued final tax regulations related to the foreign-derived intangible income and global intangible low-taxed income (“GILTI”) provisions. Also, on July 20, 2020 the U.S. Treasury Department released final tax regulations related to the GILTI high-tax exclusion election. We are assessing the financial statement impact of these new regulations. Activision Blizzard’s tax years after 2008 remain open to examination by certain major taxing jurisdictions to which we are subject. The Internal Revenue Service is currently examining our federal tax returns for the 2012 through 2016 tax years. We also have several state and non-U.S. audits pending. In addition, King’s pre-acquisition tax returns remain open in various jurisdictions, primarily as a result of transfer pricing matters. We anticipate resolving King’s transfer pricing for both pre- and post-acquisition tax years through a collaborative multilateral process with the tax authorities in the relevant jurisdictions, which include the U.K. and Sweden. While the outcome of this process remains uncertain, it could result in an agreement that changes the allocation of profits and losses between these and other relevant jurisdictions or a failure to reach an agreement that results in unilateral adjustments to the amount and timing of taxable income in the jurisdictions in which King operates. In December 2018, we received a decision from the Swedish Tax Agency (“STA”) informing us of an audit assessment of a Swedish subsidiary of King for the 2016 tax year (“Initial Decision”). The Initial Decision described the basis for issuing a transfer pricing assessment of approximately 3.5kr billion (approximately $374 million), primarily concerning an alleged intercompany asset transfer. On June 17, 2019, we received a reassessment from the STA (the “Reassessment”) which changed the Initial Decision based on a revision of the transfer pricing approach reflected in King’s 2016 Swedish tax return and removal of the alleged intercompany asset transfer that was the basis of the Initial Decision. The STA also, at the same time, reassessed the 2017 tax year on the same transfer pricing basis as 2016. The transfer pricing approach reflected in the Reassessment for both 2016 and 2017 remains subject to further review by taxing authorities in other jurisdictions. In July 2019, the Company made a payment to the STA for the Reassessment for the 2016 and 2017 tax years, which did not result in a significant impact to our condensed consolidated financial statements. In December 2017, we received a Notice of Reassessment from the French Tax Authority (“FTA”) related to transfer pricing for intercompany transactions involving one of our French subsidiaries for the 2011 through 2013 tax years. The total assessment, including penalties and interest, was approximately €571 million (approximately $640 million). In December 2019, the Company reached a settlement with the FTA for the 2011 through 2018 tax years, resulting in the recognition of $54 million of tax expense in the period ended December 31, 2019, and a tax payment of €161 million (approximately $180 million), including interest and penalties, in January 2020. In addition, certain of our subsidiaries are under examination or investigation, or may be subject to examination or investigation, by tax authorities in various jurisdictions. These proceedings may lead to adjustments or proposed adjustments to our taxes or provisions for uncertain tax positions. Such proceedings may have a material adverse effect on the Company’s consolidated financial position, liquidity, or results of operations in the earlier of the period or periods in which the matters are resolved and in which appropriate tax provisions are taken into account in our financial statements. If we were to receive a materially adverse assessment from a taxing jurisdiction, we would plan to vigorously contest it and consider all of our options, including the pursuit of judicial remedies. We regularly assess the likelihood of adverse outcomes resulting from these examinations and monitor the progress of ongoing discussions with tax authorities in determining the appropriateness of our tax provisions. The final resolution of the Company’s global tax disputes is uncertain. There is significant judgment required in the analysis of disputes, including the probability determination and estimation of the potential exposure. Based on current information, in the opinion of the Company’s management, the ultimate resolution of these matters is not expected to have a material adverse effect on the Company’s consolidated financial position, liquidity or results of operations, except as noted above.

Computation of Basic_Diluted Ea

Computation of Basic/Diluted Earnings Per Common Share	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Computation of Basic/Diluted Earnings Per Common Share	Computation of Basic/Diluted Earnings Per Common Share The following table sets forth the computation of basic and diluted earnings per common share (amounts in millions, except per share data): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Numerator: Consolidated net income $ 580 $ 328 $ 1,084 $ 774 Denominator: Denominator for basic earnings per common share—weighted-average common shares outstanding 771 766 770 765 Effect of potential dilutive common shares under the treasury stock method—employee stock options and awards 5 4 5 5 Denominator for basic earnings per common share—weighted-average dilutive common shares outstanding 776 770 775 770 Basic earnings per common share $ 0.75 $ 0.43 $ 1.41 $ 1.01 Diluted earnings per common share $ 0.75 $ 0.43 $ 1.40 $ 1.01 The vesting of certain of our employee-related restricted stock units and options is contingent upon the satisfaction of pre-defined performance measures. The shares underlying these equity awards are included in the weighted-average dilutive common shares only if the performance measures are met as of the end of the reporting period. Additionally, potential common shares are not included in the denominator of the diluted earnings per common share calculation when the inclusion of such shares would be anti-dilutive. Weighted-average shares excluded from the computation of diluted earnings per share were as follows (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Restricted stock units and options with performance measures not yet met 4 4 3 3 Anti-dilutive employee stock options 1 6 3 6

Capital Transactions

Capital Transactions	6 Months Ended
	Jun. 30, 2020
Equity [Abstract]
Capital Transactions	Capital Transactions Repurchase Program On January 31, 2019, our Board of Directors authorized a stock repurchase program under which we are authorized to repurchase up to $1.5 billion of our common stock from February 14, 2019, until the earlier of February 13, 2021, and a determination by the Board of Directors to discontinue the repurchase program. As of June 30, 2020, we have not repurchased any shares under this program. Dividends On February 6, 2020, our Board of Directors declared a cash dividend of $0.41 per common share. On May 6, 2020, we made an aggregate cash dividend payment of $316 million to shareholders of record at the close of business on April 15, 2020. On February 12, 2019, our Board of Directors declared a cash dividend of $0.37 per common share. On May 9, 2019, we made an aggregate cash dividend payment of $283 million to shareholders of record at the close of business on March 28, 2019.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Jun. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Legal Proceedings We are party to routine claims, suits, investigations, audits, and other proceedings arising from the ordinary course of business, including with respect to intellectual property rights, contractual claims, labor and employment matters, regulatory matters, tax matters, unclaimed property matters, compliance matters, and collection matters. In the opinion of management, after consultation with legal counsel, such routine claims and lawsuits are not significant, and we do not expect them to have a material adverse effect on our business, financial condition, results of operations, or liquidity.

Description of Business and B_2

Description of Business and Basis of Consolidation and Presentation (Policies)	6 Months Ended
	Jun. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Consolidation and Presentation	Basis of Consolidation and Presentation The accompanying unaudited condensed consolidated financial statements have been prepared in accordance with the rules and regulations of the Securities and Exchange Commission and accounting principles generally accepted in the United States of America (“U.S. GAAP”) for interim reporting. Accordingly, certain notes or other information that are normally required by U.S. GAAP have been condensed or omitted if they substantially duplicate the disclosures contained in our annual audited consolidated financial statements. Additionally, the year-end condensed consolidated balance sheet data was derived from audited financial statements but does not include all disclosures required by U.S. GAAP. Accordingly, the unaudited condensed consolidated financial statements should be read in conjunction with the audited consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2019. The preparation of the condensed consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Generally, making these estimates and developing our assumptions requires consideration of forecasted information, which, in context of the COVID-19 pandemic, involves additional uncertainty. While there was no material impact to our estimates in the current period, in future periods, facts and circumstances (including, without limitation, the impact of the ongoing global COVID-19 pandemic) could change and impact our estimates. Additionally, actual results could differ from these estimates and assumptions. In the opinion of management, all adjustments considered necessary for the fair statement of our financial position and results of operations in accordance with U.S. GAAP (consisting of normal recurring adjustments) have been included in the accompanying unaudited condensed consolidated financial statements. The accompanying condensed consolidated financial statements include the accounts and operations of the Company. All intercompany accounts and transactions have been eliminated. Certain reclassifications have been made to prior-year amounts to conform to the current period presentation.
Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements Cloud Computing Arrangements In August 2018, the Financial Accounting Standards Board (“FASB”) issued new guidance related to a customer’s accounting for implementation costs incurred in a cloud computing arrangement (i.e., hosting arrangement) that is a service contract. The new guidance requires customers to capitalize implementation costs for these arrangements by applying the same criteria that are utilized for existing internal-use software guidance. The capitalized costs are required to be amortized over the associated term of the arrangement, generally on a straight-line basis, with amortization of these costs presented in the same financial statement line item as other costs associated with the arrangement. We adopted the new standard under a prospective approach during the first quarter of 2020 and it did not have a material impact on our condensed consolidated financial statements. Goodwill In January 2017, the FASB issued new guidance that eliminates Step 2 from the goodwill impairment test. Instead, if an entity forgoes a Step 0 test, that entity will be required to perform its annual or interim goodwill impairment test by (1) comparing the fair value of a reporting unit, as determined in Step 1 from the goodwill impairment test, with its carrying amount and (2) recognizing an impairment charge, if any, for the amount by which the carrying amount exceeds the reporting unit’s fair value, not to exceed the total amount of goodwill allocated to the reporting unit. We adopted the new standard under a prospective approach during the first quarter of 2020 and it did not have a material impact on our condensed consolidated financial statements. Financial Instruments - Credit Losses In June 2016, the FASB issued new guidance related to accounting for credit losses on financial instruments. The update replaces the existing incurred loss impairment model with a methodology that reflects a current expected credit losses model which requires the use of historical and forward-looking information to calculate credit loss estimates. It also eliminates the concept of other-than-temporary impairment and requires credit losses related to available-for-sale debt securities to be recorded through an allowance for credit losses rather than as a reduction in the amortized cost basis of the securities. These changes will generally result in earlier recognition of credit losses. We adopted the new standard under a modified retrospective basis, with the cumulative effect of adoption recorded as an adjustment to retained earnings during the first quarter of 2020. The adoption of this standard did not have a material impact on our condensed consolidated financial statements. Recent Accounting Pronouncements Not Yet Adopted Simplifying the Accounting for Income Taxes In December 2019, the FASB issued new guidance which is intended to simplify various aspects of accounting for income taxes by removing certain exceptions to the general principles in Topic 740 f or recognizing deferred taxes for investments, performing an intraperiod allocation and calculating income taxes in interim periods . The amendment also clarifies and amends certain areas of existing guidance to reduce complexity and improve consistency in the application of Topic 740. The new standard is effective for fiscal years beginning after December 15, 2020. Early adoption is permitted, including adoption in any interim period for which financial statements have not yet been issued. Generally, the topics must be applied prospectively upon adoption, with the exception of certain topics which are required to be applied on a retrospective or modified retrospective basis. We are evaluating the impact, if any, of adopting this new accounting guidance on our financial statements.

Software Development and Inte_2

Software Development and Intellectual Property Licenses (Tables)	6 Months Ended
	Jun. 30, 2020
Software Development Costs and Intellectual Property Licenses
Summary of the components of capitalized software development	The following table summarizes the components of our capitalized software development costs (amounts in millions): At June 30, 2020 At December 31, 2019 Internally-developed software costs $ 436 $ 345 Payments made to third-party software developers 29 31 Total software development costs $ 465 $ 376
Amortization of capitalized software development costs and intellectual property licenses	Amortization of capitalized software development costs and intellectual property licenses was as follows (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Amortization of capitalized software development costs and intellectual property licenses $ 30 $ 54 $ 112 $ 164

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	6 Months Ended
	Jun. 30, 2020
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Schedule of finite-lived intangible assets	Intangible assets, net, consist of the following (amounts in millions): At June 30, 2020 Estimated useful lives Gross carrying amount Accumulated amortization Net carrying amount Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,128) $ 26 Developed software 2 - 5 years 601 (599) 2 Trade names 7 - 10 years 54 (33) 21 Other 1 - 15 years 19 (17) 2 Total definite-lived intangible assets $ 1,828 $ (1,777) $ 51 Acquired indefinite-lived intangible assets: Activision trademark Indefinite 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 484 At December 31, 2019 Estimated useful lives Gross carrying amount Accumulated amortization Net carrying amount Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,105) $ 49 Developed software 2 - 5 years 601 (579) 22 Trade names 7 - 10 years 54 (30) 24 Other 1 - 15 years 19 (16) 3 Total definite-lived intangible assets $ 1,828 $ (1,730) $ 98 Acquired indefinite-lived intangible assets: Activision trademark Indefinite 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 531
Schedule of indefinite-lived intangible assets	Intangible assets, net, consist of the following (amounts in millions): At June 30, 2020 Estimated useful lives Gross carrying amount Accumulated amortization Net carrying amount Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,128) $ 26 Developed software 2 - 5 years 601 (599) 2 Trade names 7 - 10 years 54 (33) 21 Other 1 - 15 years 19 (17) 2 Total definite-lived intangible assets $ 1,828 $ (1,777) $ 51 Acquired indefinite-lived intangible assets: Activision trademark Indefinite 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 484 At December 31, 2019 Estimated useful lives Gross carrying amount Accumulated amortization Net carrying amount Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,105) $ 49 Developed software 2 - 5 years 601 (579) 22 Trade names 7 - 10 years 54 (30) 24 Other 1 - 15 years 19 (16) 3 Total definite-lived intangible assets $ 1,828 $ (1,730) $ 98 Acquired indefinite-lived intangible assets: Activision trademark Indefinite 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 531
Schedule of finite lived intangible assets, future amortization expense	At June 30, 2020, future amortization of definite-lived intangible assets is estimated as follows (amounts in millions): For the years ending December 31, 2020 (remaining six months) $ 28 2021 11 2022 7 2023 2 2024 1 Thereafter 2 Total $ 51

Goodwill (Tables)

Goodwill (Tables)	6 Months Ended
	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	The changes in the carrying amount of goodwill by reportable segment are as follows (amounts in millions): Activision Blizzard King Total Balance at December 31, 2019 $ 6,898 $ 190 $ 2,676 $ 9,764 Other (1) — — (1) Balance at June 30, 2020 $ 6,897 $ 190 $ 2,676 $ 9,763

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jun. 30, 2020
Fair Value Disclosures [Abstract]
Fair value, assets measured on a recurring and/or non-recurring basis	The table below segregates all of our financial assets and liabilities that are measured at fair value on a recurring basis into the most appropriate level within the fair value hierarchy based on the inputs used to determine the fair value at the measurement date (amounts in millions): Fair Value Measurements at June 30, 2020 Using As of June 30, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Classification Financial Assets: Recurring fair value measurements: Money market funds $ 5,982 $ 5,982 $ — $ — Cash and cash equivalents Foreign government treasury bills 32 32 — — Cash and cash equivalents U.S. treasuries and government agency securities 121 121 — — Other current assets Foreign currency forward contracts designated as hedges 3 — 3 — Other current assets and Other assets Total recurring fair value measurements $ 6,138 $ 6,135 $ 3 $ — Financial Liabilities: Foreign currency forward contracts designated as hedges $ (4) $ — $ (4) $ — Accrued expenses and other liabilities Fair Value Measurements at December 31, 2019 Using As of December 31, 2019 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Classification Financial Assets: Recurring fair value measurements: Money market funds $ 5,320 $ 5,320 $ — $ — Cash and cash equivalents Foreign government treasury bills 37 37 — — Cash and cash equivalents U.S. treasuries and government agency securities 65 65 — — Other current assets Total recurring fair value measurements $ 5,422 $ 5,422 $ — $ — Financial Liabilities: Foreign currency forward contracts not designated as hedges $ (2) $ — $ (2) $ — Accrued expenses and other liabilities Foreign currency forward contracts designated as hedges $ (2) $ — $ (2) $ — Accrued expenses and other liabilities
Foreign currency forward contracts	The total gross notional amounts and fair values of our Cash Flow Hedges, which have remaining maturities of 17 months or less, are as follows (amounts in millions): As of June 30, 2020 As of December 31, 2019 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell Euro $ 623 $ (1) $ 350 $ (2) The gross notional amounts and fair values of our foreign currency forward contracts not designated as hedges are as follows (amounts in millions): As of June 30, 2020 As of December 31, 2019 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell GBP $ 25 $ — $ 25 $ (2)
Net realized gains (losses) reclassified out of accumulated other comprehensive income (loss)	The amount of pre-tax net realized gains (losses) associated with our Cash Flow Hedges that were reclassified out of “Accumulated other comprehensive income (loss)” and into earnings was as follows (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, Statement of Operations Classification 2020 2019 2020 2019 Cash Flow Hedges $ 3 $ 6 $ 12 $ 17 Net revenues

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 30, 2020
Debt Disclosure [Abstract]
Summary of debt	A summary of our outstanding debt is as follows (amounts in millions): At June 30, 2020 Gross Carrying Unamortized Net Carrying 2021 Notes $ 650 $ (2) $ 648 2022 Notes 400 (2) 398 2026 Notes 850 (7) 843 2027 Notes 400 (4) 396 2047 Notes 400 (9) 391 Total long-term debt $ 2,700 $ (24) $ 2,676 At December 31, 2019 Gross Carrying Unamortized Net Carrying 2021 Notes $ 650 $ (2) $ 648 2022 Notes 400 (2) 398 2026 Notes 850 (7) 843 2027 Notes 400 (5) 395 2047 Notes 400 (9) 391 Total long-term debt $ 2,700 $ (25) $ 2,675
Schedule of maturities of debt	As of June 30, 2020, the scheduled maturities and contractual principal repayments of our debt for each of the five succeeding years and thereafter are as follows (amounts in millions): For the years ending December 31, 2020 (remaining six months) $ — 2021 650 2022 400 2023 — 2024 — Thereafter 1,650 Total $ 2,700

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Jun. 30, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of accumulated other comprehensive income (loss)	The components of accumulated other comprehensive income (loss) were as follows (amounts in millions): For the Six Months Ended June 30, 2020 Foreign currency translation adjustments Unrealized gain (loss) on forward contracts Unrealized gain (loss) on available-for-sale securities Total Balance at December 31, 2019 $ (624) $ 8 $ (3) $ (619) Other comprehensive income (loss) before reclassifications (9) 3 5 (1) Amounts reclassified from accumulated other comprehensive income (loss) into earnings (2) (12) — (14) Balance at June 30, 2020 $ (635) $ (1) $ 2 $ (634) For the Six Months Ended June 30, 2019 Foreign currency translation adjustments Unrealized gain (loss) on forward contracts Unrealized gain (loss) on available-for-sale securities Total Balance at December 31, 2018 $ (629) $ 23 $ 5 $ (601) Other comprehensive income (loss) before reclassifications 1 11 (1) 11 Amounts reclassified from accumulated other comprehensive income (loss) into earnings — (17) (1) (18) Balance at June 30, 2019 $ (628) $ 17 $ 3 $ (608)

Operating Segments and Geogra_2

Operating Segments and Geographic Region (Tables)	6 Months Ended
	Jun. 30, 2020
Segment Reporting [Abstract]
Schedule of operating segments and reconciliations of total net revenues and total segment operating income to consolidated net revenues from external customers and consolidated income before income tax expense	Information on reportable segment net revenues and operating income for the three months ended June 30, 2020 and 2019, are presented below (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 993 $ 433 $ 553 $ 1,979 Intersegment net revenues (1) — 28 — 28 Segment net revenues $ 993 $ 461 $ 553 $ 2,007 Segment operating income $ 559 $ 203 $ 212 $ 974 Three Months Ended June 30, 2019 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 268 $ 381 $ 499 $ 1,148 Intersegment net revenues (1) — 3 — 3 Segment net revenues $ 268 $ 384 $ 499 $ 1,151 Segment operating income $ 55 $ 75 $ 171 $ 301 Information on reportable segment net revenues and operating income for the six months ended June 30, 2020 and 2019, are presented below (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 1,512 $ 870 $ 1,051 $ 3,433 Intersegment net revenues (1) — 44 — 44 Segment net revenues $ 1,512 $ 914 $ 1,051 $ 3,477 Segment operating income $ 743 $ 400 $ 367 $ 1,510 Six Months Ended June 30, 2019 Activision Blizzard King Total Segment Net Revenues Net revenues from external customers $ 585 $ 720 $ 1,028 $ 2,333 Intersegment net revenues (1) — 8 — 8 Segment net revenues $ 585 $ 728 $ 1,028 $ 2,341 Segment operating income $ 128 $ 130 $ 349 $ 607 (1) Intersegment revenues reflect licensing and service fees charged between segments. Reconciliations of total segment net revenues and total segment operating income to consolidated net revenues and consolidated income before income tax expense are presented in the table below (amounts in millions): Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Reconciliation to consolidated net revenues: Segment net revenues $ 2,007 $ 1,151 $ 3,477 $ 2,341 Revenues from non-reportable segments (1) 99 59 167 132 Net effect from recognition (deferral) of deferred net revenues (2) (146) 189 119 755 Elimination of intersegment revenues (3) (28) (3) (44) (8) Consolidated net revenues $ 1,932 $ 1,396 $ 3,719 $ 3,220 Reconciliation to consolidated income before income tax expense: Segment operating income $ 974 $ 301 $ 1,510 $ 607 Operating income (loss) from non-reportable segments (1) (11) 7 (7) 4 Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2) (152) 135 19 576 Share-based compensation expense (42) (38) (85) (100) Amortization of intangible assets (14) (47) (47) (102) Restructuring and related costs (4) (6) (22) (29) (79) Consolidated operating income 749 336 1,361 906 Interest and other expense (income), net 22 (34) 30 (31) Consolidated income before income tax expense $ 727 $ 370 $ 1,331 $ 937 (1) Includes other income and expenses from operating segments managed outside the reportable segments, including our Distribution business. Also includes unallocated corporate income and expenses. (2) Reflects the net effect from recognition (deferral) of deferred net revenues, along with related cost of revenues, on certain of our online-enabled products. (3) Intersegment revenues reflect licensing and service fees charged between segments. (4) Reflects restructuring initiatives, which include severance and other restructuring-related costs.
Schedule of net revenues by distribution channels	Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the three months ended June 30, 2020 and 2019, were as follows (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 680 $ 390 $ 549 $ — $ (28) $ 1,591 Retail channels 163 5 — — — 168 Other (2) 27 45 — 101 — 173 Total consolidated net revenues $ 870 $ 440 $ 549 $ 101 $ (28) $ 1,932 Change in deferred revenues: Digital online channels (1) $ 206 $ 20 $ 4 $ — $ — $ 230 Retail channels (83) 1 — — — (82) Other (2) — — — (2) — (2) Total change in deferred revenues $ 123 $ 21 $ 4 $ (2) $ — $ 146 Segment net revenues: Digital online channels (1) $ 886 $ 410 $ 553 $ — $ (28) $ 1,821 Retail channels 80 6 — — — 86 Other (2) 27 45 — 99 — 171 Total segment net revenues $ 993 $ 461 $ 553 $ 99 $ (28) $ 2,078 Three Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 248 $ 342 $ 499 $ — $ (3) $ 1,086 Retail channels 180 13 — — — 193 Other (2) — 56 — 61 — 117 Total consolidated net revenues $ 428 $ 411 $ 499 $ 61 $ (3) $ 1,396 Change in deferred revenues: Digital online channels (1) $ (51) $ (25) $ — $ — $ — $ (76) Retail channels (109) (3) — — — (112) Other (2) — 1 — (2) — (1) Total change in deferred revenues $ (160) $ (27) $ — $ (2) $ — $ (189) Segment net revenues: Digital online channels (1) $ 197 $ 317 $ 499 $ — $ (3) $ 1,010 Retail channels 71 10 — — — 81 Other (2) — 57 — 59 — 116 Total segment net revenues $ 268 $ 384 $ 499 $ 59 $ (3) $ 1,207 Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the six months ended June 30, 2020 and 2019, were as follows (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 1,228 $ 798 $ 1,048 $ — $ (44) $ 3,030 Retail channels 375 15 — — — 390 Other (2) 47 76 — 176 — 299 Total consolidated net revenues $ 1,650 $ 889 $ 1,048 $ 176 $ (44) $ 3,719 Change in deferred revenues: Digital online channels (1) $ 114 $ 29 $ 3 $ — $ — $ 146 Retail channels (252) (3) — — — (255) Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (138) $ 25 $ 3 $ (9) $ — $ (119) Segment net revenues: Digital online channels (1) $ 1,342 $ 827 $ 1,051 $ — $ (44) $ 3,176 Retail channels 123 12 — — — 135 Other (2) 47 75 — 167 — 289 Total segment net revenues $ 1,512 $ 914 $ 1,051 $ 167 $ (44) $ 3,600 Six Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 714 $ 748 $ 1,025 $ — $ (8) $ 2,479 Retail channels 476 29 — — — 505 Other (2) — 95 — 141 — 236 Total consolidated net revenues $ 1,190 $ 872 $ 1,025 $ 141 $ (8) $ 3,220 Change in deferred revenues: Digital online channels (1) $ (268) $ (139) $ 3 $ — $ — $ (404) Retail channels (337) (7) — — — (344) Other (2) — 2 — (9) — (7) Total change in deferred revenues $ (605) $ (144) $ 3 $ (9) $ — $ (755) Segment net revenues: Digital online channels (1) $ 446 $ 609 $ 1,028 $ — $ (8) $ 2,075 Retail channels 139 22 — — — 161 Other (2) — 97 — 132 — 229 Total segment net revenues $ 585 $ 728 $ 1,028 $ 132 $ (8) $ 2,465 (1) Net revenues from “Digital online channels” include revenues from digitally-distributed subscriptions, downloadable content, microtransactions, and products, as well as licensing royalties. (2) Net revenues from “Other” include revenues from our Distribution business, the Overwatch League, and the Call of Duty League. (3) Intersegment revenues reflect licensing and service fees charged between segments.
Schedule of net revenues by geographic region	Geographic information presented below is based on the location of the paying customer. Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the three months ended June 30, 2020 and 2019, were as follows (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 548 $ 216 $ 362 $ — $ (14) $ 1,112 EMEA (1) 248 141 135 101 (10) 615 Asia Pacific 74 83 52 — (4) 205 Total consolidated net revenues $ 870 $ 440 $ 549 $ 101 $ (28) $ 1,932 Change in deferred revenues: Americas $ 100 $ 19 $ 5 $ — $ — $ 124 EMEA (1) 17 1 — (2) — 16 Asia Pacific 6 1 (1) — — 6 Total change in deferred revenues $ 123 $ 21 $ 4 $ (2) $ — $ 146 Segment net revenues: Americas $ 648 $ 235 $ 367 $ — $ (14) $ 1,236 EMEA (1) 265 142 135 99 (10) 631 Asia Pacific 80 84 51 — (4) 211 Total segment net revenues $ 993 $ 461 $ 553 $ 99 $ (28) $ 2,078 Three Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 255 $ 202 $ 309 $ — $ (2) $ 764 EMEA (1) 135 127 137 61 (1) 459 Asia Pacific 38 82 53 — — 173 Total consolidated net revenues $ 428 $ 411 $ 499 $ 61 $ (3) $ 1,396 Change in deferred revenues: Americas $ (105) $ (15) $ (1) $ — $ 1 $ (120) EMEA (1) (42) (13) — (2) (1) (58) Asia Pacific (13) 1 1 — — (11) Total change in deferred revenues $ (160) $ (27) $ — $ (2) $ — $ (189) Segment net revenues: Americas $ 150 $ 187 $ 308 $ — $ (1) $ 644 EMEA (1) 93 114 137 59 (2) 401 Asia Pacific 25 83 54 — — 162 Total segment net revenues $ 268 $ 384 $ 499 $ 59 $ (3) $ 1,207 Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the six months ended June 30, 2020 and 2019, were as follows (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 1,020 $ 387 $ 674 $ — $ (21) $ 2,060 EMEA (1) 487 262 271 176 (15) 1,181 Asia Pacific 143 240 103 — (8) 478 Total consolidated net revenues $ 1,650 $ 889 $ 1,048 $ 176 $ (44) $ 3,719 Change in deferred revenues: Americas $ (46) $ 22 $ 5 $ — $ — $ (19) EMEA (1) (79) 5 (2) (9) — (85) Asia Pacific (13) (2) — — — (15) Total change in deferred revenues $ (138) $ 25 $ 3 $ (9) $ — $ (119) Segment net revenues: Americas $ 974 $ 409 $ 679 $ — $ (21) $ 2,041 EMEA (1) 408 267 269 167 (15) 1,096 Asia Pacific 130 238 103 — (8) 463 Total segment net revenues $ 1,512 $ 914 $ 1,051 $ 167 $ (44) $ 3,600 Six Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 712 $ 409 $ 634 $ — $ (4) $ 1,751 EMEA (1) 378 276 281 141 (3) 1,073 Asia Pacific 100 187 110 — (1) 396 Total consolidated net revenues $ 1,190 $ 872 $ 1,025 $ 141 $ (8) $ 3,220 Change in deferred revenues: Americas $ (371) $ (70) $ 4 $ — $ — $ (437) EMEA (1) (189) (61) — (9) — (259) Asia Pacific (45) (13) (1) — — (59) Total change in deferred revenues $ (605) $ (144) $ 3 $ (9) $ — $ (755) Segment net revenues: Americas $ 341 $ 339 $ 638 $ — $ (4) $ 1,314 EMEA (1) 189 215 281 132 (3) 814 Asia Pacific 55 174 109 — (1) 337 Total segment net revenues $ 585 $ 728 $ 1,028 $ 132 $ (8) $ 2,465 (1) “EMEA” consists of the Europe, Middle East, and Africa geographic regions. (2) Intersegment revenues reflect licensing and service fees charged between segments.
Schedule of net revenues by platform	Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the three months ended June 30, 2020 and 2019, were as follows (amounts in millions): Three Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 623 $ 32 $ — $ — $ — $ 655 PC 146 339 25 — (28) 482 Mobile and ancillary (1) 74 24 524 — — 622 Other (2) 27 45 — 101 — 173 Total consolidated net revenues $ 870 $ 440 $ 549 $ 101 $ (28) $ 1,932 Change in deferred revenues: Console $ 53 $ 5 $ — $ — $ — $ 58 PC 21 15 1 — — 37 Mobile and ancillary (1) 49 1 3 — — 53 Other (2) — — — (2) — (2) Total change in deferred revenues $ 123 $ 21 $ 4 $ (2) $ — $ 146 Segment net revenues: Console $ 676 $ 37 $ — $ — $ — $ 713 PC 167 354 26 — (28) 519 Mobile and ancillary (1) 123 25 527 — — 675 Other (2) 27 45 — 99 — 171 Total segment net revenues $ 993 $ 461 $ 553 $ 99 $ (28) $ 2,078 Three Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 374 $ 33 $ — $ — $ — $ 407 PC 51 282 31 — (3) 361 Mobile and ancillary (1) 3 40 468 — — 511 Other (2) — 56 — 61 — 117 Total consolidated net revenues $ 428 $ 411 $ 499 $ 61 $ (3) $ 1,396 Change in deferred revenues: Console $ (141) $ (5) $ — $ — $ — $ (146) PC (19) (31) — — — (50) Mobile and ancillary (1) — 8 — — — 8 Other (2) — 1 — (2) — (1) Total change in deferred revenues $ (160) $ (27) $ — $ (2) $ — $ (189) Segment net revenues: Console $ 233 $ 28 $ — $ — $ — $ 261 PC 32 251 31 — (3) 311 Mobile and ancillary (1) 3 48 468 — — 519 Other (2) — 57 — 59 — 116 Total segment net revenues $ 268 $ 384 $ 499 $ 59 $ (3) $ 1,207 Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the six months ended June 30, 2020 and 2019, were as follows (amounts in millions): Six Months Ended June 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,190 $ 59 $ — $ — $ — $ 1,249 PC 273 702 50 — (44) 981 Mobile and ancillary (1) 140 52 998 — — 1,190 Other (2) 47 76 — 176 — 299 Total consolidated net revenues $ 1,650 $ 889 $ 1,048 $ 176 $ (44) $ 3,719 Change in deferred revenues: Console $ (169) $ (3) $ — $ — $ — $ (172) PC (17) 34 — — — 17 Mobile and ancillary (1) 48 (5) 3 — — 46 Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (138) $ 25 $ 3 $ (9) $ — $ (119) Segment net revenues: Console $ 1,021 $ 56 $ — $ — $ — $ 1,077 PC 256 736 50 — (44) 998 Mobile and ancillary (1) 188 47 1,001 — — 1,236 Other (2) 47 75 — 167 — 289 Total segment net revenues $ 1,512 $ 914 $ 1,051 $ 167 $ (44) $ 3,600 Six Months Ended June 30, 2019 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,008 $ 75 $ — $ — $ — $ 1,083 PC 176 623 64 — (8) 855 Mobile and ancillary (1) 6 79 961 — — 1,046 Other (2) — 95 — 141 — 236 Total consolidated net revenues $ 1,190 $ 872 $ 1,025 $ 141 $ (8) $ 3,220 Change in deferred revenues: Console $ (527) $ (17) $ — $ — $ — $ (544) PC (77) (120) 1 — — (196) Mobile and ancillary (1) (1) (9) 2 — — (8) Other (2) — 2 — (9) — (7) Total change in deferred revenues $ (605) $ (144) $ 3 $ (9) $ — $ (755) Segment net revenues: Console $ 481 $ 58 $ — $ — $ — $ 539 PC 99 503 65 — (8) 659 Mobile and ancillary (1) 5 70 963 — — 1,038 Other (2) — 97 — 132 — 229 Total segment net revenues $ 585 $ 728 $ 1,028 $ 132 $ (8) $ 2,465 (1) Net revenues from “Mobile and ancillary” include revenues from mobile devices, as well as non-platform specific game-related revenues, such as standalone sales of physical merchandise and accessories. (2) Net revenues from “Other” include revenues from our Distribution business, the Overwatch League, and the Call of Duty League. (3) Intersegment revenues reflect licensing and service fees charged between segments.
Long-lived assets by geographic region	Long-lived assets by geographic region were as follows (amounts in millions): At June 30, 2020 At December 31, 2019 Long-lived assets (1) by geographic region: Americas $ 291 $ 322 EMEA 127 142 Asia Pacific 16 21 Total long-lived assets by geographic region $ 434 $ 485 (1) The only long-lived assets that we classify by region are our long-term tangible fixed assets, which consist of property, plant, and equipment assets, and our lease right-of-use assets; all other long-term assets are not allocated by location.

Restructuring (Tables)

Restructuring (Tables)	6 Months Ended
	Jun. 30, 2020
Restructuring and Related Activities [Abstract]
Schedule of Accrued Restructuring Included in Accrued Expenses and Other Liabilities and Charges by Reportable Segment	The following table summarizes accrued restructuring and related costs included in “Accrued expenses and other liabilities” in our condensed consolidated balance sheet and the cumulative charges incurred (amounts in millions): Severance and employee-related costs Facilities and related costs Other costs Total Balance at December 31, 2019 $ 32 $ — $ 3 $ 35 Costs charged to expense 23 — — 23 Cash payments (6) — (2) (8) Balance at March 31, 2020 $ 49 $ — $ 1 $ 50 Costs charged to expense 3 — 1 4 Cash payments (3) — (2) (5) Balance at June 30, 2020 $ 49 $ — $ — $ 49 Cumulative charges incurred through June 30, 2020 $ 102 $ 29 $ 33 $ 164
Schedule of Restructuring and Related Costs by Segment and Expected Pre-tax Restructuring Charges	Total restructuring and related costs by segment are (amounts in millions): Three Months Ended June 30, Six Months Ended June 30, 2020 2019 2020 2019 Activision $ 2 $ 2 $ 4 $ 11 Blizzard 2 13 23 39 King (1) 6 (2) 13 Other segments (1) 1 1 2 16 Total $ 4 $ 22 $ 27 $ 79 (1) Includes charges related to operating segments managed outside the reportable segments, including our Distribution business. Also includes restructuring charges for our corporate and administrative functions. The total charges incurred through June 30, 2020 and total expected pre-tax restructuring charges related to the restructuring plan by segment, inclusive of amounts already incurred, are presented below (amounts in millions): Total Charges Incurred Through June 30, 2020 Total Expected Charges Activision $ 23 $ 25 Blizzard 96 105 King 18 20 Other segments (1) 27 40 Total $ 164 $ 190 (1) Includes charges related to operating segments managed outside the reportable segments, including our Distribution business. Also includes restructuring charges for our corporate and administrative functions.

Interest and Other Expense (I_2

Interest and Other Expense (Income), Net (Tables)	6 Months Ended
	Jun. 30, 2020
Other Income and Expenses [Abstract]
Interest and other investment income (expense)	Interest and other expense (income), net is comprised of the following (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Interest income $ (2) $ (19) $ (18) $ (41) Interest expense from debt and amortization of debt discount and deferred financing costs 23 23 45 46 Unrealized gain on equity investment — (38) — (38) Other expense (income), net 1 — 3 2 Interest and other expense (income), net $ 22 $ (34) $ 30 $ (31)

Computation of Basic_Diluted _2

Computation of Basic/Diluted Earnings Per Common Share (Tables)	6 Months Ended
	Jun. 30, 2020
Earnings Per Share [Abstract]
Schedule of computation of earnings per share	The following table sets forth the computation of basic and diluted earnings per common share (amounts in millions, except per share data): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Numerator: Consolidated net income $ 580 $ 328 $ 1,084 $ 774 Denominator: Denominator for basic earnings per common share—weighted-average common shares outstanding 771 766 770 765 Effect of potential dilutive common shares under the treasury stock method—employee stock options and awards 5 4 5 5 Denominator for basic earnings per common share—weighted-average dilutive common shares outstanding 776 770 775 770 Basic earnings per common share $ 0.75 $ 0.43 $ 1.41 $ 1.01 Diluted earnings per common share $ 0.75 $ 0.43 $ 1.40 $ 1.01
Schedule of antidilutive securities excluded from computation of earnings per share	Weighted-average shares excluded from the computation of diluted earnings per share were as follows (amounts in millions): For the Three Months Ended June 30, For the Six Months Ended June 30, 2020 2019 2020 2019 Restricted stock units and options with performance measures not yet met 4 4 3 3 Anti-dilutive employee stock options 1 6 3 6

Description of Business and B_3

Description of Business and Basis of Consolidation and Presentation (Details)	6 Months Ended
	Jun. 30, 2020segment
Segment Reporting [Abstract]
Number of reportable segments	3

Software Development and Inte_3

Software Development and Intellectual Property Licenses (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Software development and intellectual property licenses:
Internally-developed software costs	$ 436		$ 436		$ 345
Payments made to third-party software developers	29		29		31
Total software development costs	465		465		$ 376
Amortization:
Amortization of capitalized software development costs and intellectual property licenses	$ 30	$ 54	$ 112	$ 164

Intangible Assets, Net - Schedu

Intangible Assets, Net - Schedule of Intangible Assets, Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Finite-Lived Intangible Assets
Gross carrying amount, definite-lived intangible assets	$ 1,828		$ 1,828		$ 1,828
Accumulated amortization, definite-lived intangible assets	(1,777)		(1,777)		(1,730)
Net carrying amount, definite-lived intangible assets	51		51		98
Indefinite Lived Intangible Assets
Net carrying amount, indefinite-lived intangible assets	433		433		433
Total intangible assets, net	484		484		531
Amortization Expense Disclosure
Amortization expense	14	$ 48	47	$ 103
Activision trademark
Indefinite Lived Intangible Assets
Net carrying amount, indefinite-lived intangible assets	386		386		386
Acquired trade names
Indefinite Lived Intangible Assets
Net carrying amount, indefinite-lived intangible assets	47		47		47
Internally-developed franchises
Finite-Lived Intangible Assets
Gross carrying amount, definite-lived intangible assets	1,154		1,154		1,154
Accumulated amortization, definite-lived intangible assets	(1,128)		(1,128)		(1,105)
Net carrying amount, definite-lived intangible assets	26		$ 26		$ 49
Internally-developed franchises | Minimum
Finite-Lived Intangible Assets
Estimated useful life			3 years		3 years
Internally-developed franchises | Maximum
Finite-Lived Intangible Assets
Estimated useful life			11 years		11 years
Developed software
Finite-Lived Intangible Assets
Gross carrying amount, definite-lived intangible assets	601		$ 601		$ 601
Accumulated amortization, definite-lived intangible assets	(599)		(599)		(579)
Net carrying amount, definite-lived intangible assets	2		$ 2		$ 22
Developed software | Minimum
Finite-Lived Intangible Assets
Estimated useful life			2 years		2 years
Developed software | Maximum
Finite-Lived Intangible Assets
Estimated useful life			5 years		5 years
Acquired trade names
Finite-Lived Intangible Assets
Gross carrying amount, definite-lived intangible assets	54		$ 54		$ 54
Accumulated amortization, definite-lived intangible assets	(33)		(33)		(30)
Net carrying amount, definite-lived intangible assets	21		$ 21		$ 24
Acquired trade names | Minimum
Finite-Lived Intangible Assets
Estimated useful life			7 years		7 years
Acquired trade names | Maximum
Finite-Lived Intangible Assets
Estimated useful life			10 years		10 years
Other
Finite-Lived Intangible Assets
Gross carrying amount, definite-lived intangible assets	19		$ 19		$ 19
Accumulated amortization, definite-lived intangible assets	(17)		(17)		(16)
Net carrying amount, definite-lived intangible assets	$ 2		$ 2		$ 3
Other | Minimum
Finite-Lived Intangible Assets
Estimated useful life			1 year		1 year
Other | Maximum
Finite-Lived Intangible Assets
Estimated useful life			15 years		15 years

Intangible Assets, Net - Sche_2

Intangible Assets, Net - Schedule of Future Amortization (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Definite-lived intangible assets, future amortization expense disclosure
2020 (remaining six months)	$ 28
2021	11
2022	7
2023	2
2024	1
Thereafter	2
Net carrying amount, definite-lived intangible assets	$ 51	$ 98

Goodwill (Details)

Goodwill (Details) $ in Millions	6 Months Ended
	Jun. 30, 2020USD ($)
Goodwill [Roll Forward]
Balance at December 31, 2019	$ 9,764
Other	(1)
Balance at June 30, 2020	9,763
Activision
Goodwill [Roll Forward]
Balance at December 31, 2019	6,898
Other	(1)
Balance at June 30, 2020	6,897
Blizzard
Goodwill [Roll Forward]
Balance at December 31, 2019	190
Other	0
Balance at June 30, 2020	190
King
Goodwill [Roll Forward]
Balance at December 31, 2019	2,676
Other	0
Balance at June 30, 2020	$ 2,676

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Basis (Details) - Recurring - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	$ 6,138	$ 5,422
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	6,135	5,422
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	3	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0	0
Cash and cash equivalents | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	5,982	5,320
Cash and cash equivalents | Foreign government treasury bills
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	32	37
Cash and cash equivalents | Quoted Prices in Active Markets for Identical Assets (Level 1) | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	5,982	5,320
Cash and cash equivalents | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign government treasury bills
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	32	37
Cash and cash equivalents | Significant Other Observable Inputs (Level 2) | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0	0
Cash and cash equivalents | Significant Other Observable Inputs (Level 2) | Foreign government treasury bills
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0	0
Cash and cash equivalents | Significant Unobservable Inputs (Level 3) | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0	0
Cash and cash equivalents | Significant Unobservable Inputs (Level 3) | Foreign government treasury bills
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0	0
Other current assets | U.S. treasuries and government agency securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	121	65
Other current assets | Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. treasuries and government agency securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	121	65
Other current assets | Significant Other Observable Inputs (Level 2) | U.S. treasuries and government agency securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0	0
Other current assets | Significant Unobservable Inputs (Level 3) | U.S. treasuries and government agency securities
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0	0
Other current assets and Other assets | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	3
Other current assets and Other assets | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0
Other current assets and Other assets | Significant Other Observable Inputs (Level 2) | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	3
Other current assets and Other assets | Significant Unobservable Inputs (Level 3) | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total assets at fair value	0
Accrued expenses and other liabilities | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value	(4)	(2)
Accrued expenses and other liabilities | Foreign currency forward contracts | Not Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value		(2)
Accrued expenses and other liabilities | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value	0	0
Accrued expenses and other liabilities | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign currency forward contracts | Not Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value		0
Accrued expenses and other liabilities | Significant Other Observable Inputs (Level 2) | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value	(4)	(2)
Accrued expenses and other liabilities | Significant Other Observable Inputs (Level 2) | Foreign currency forward contracts | Not Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value		(2)
Accrued expenses and other liabilities | Significant Unobservable Inputs (Level 3) | Foreign currency forward contracts | Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value	$ 0	0
Accrued expenses and other liabilities | Significant Unobservable Inputs (Level 3) | Foreign currency forward contracts | Not Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring Basis [Line Items]
Total liabilities at fair value		$ 0

Fair Value Measurements - Forei

Fair Value Measurements - Foreign Currency Forward Contracts (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Derivatives, Fair Value [Line Items]
Net revenues	$ 1,932	$ 1,396	$ 3,719	$ 3,220
Carrying value of the investment	42		42		$ 42
Buy USD, Sell Euro | Designated as Hedging Instrument | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Notional amount	623		623		350
Fair value gain (loss)	(1)		(1)		(2)
Foreign currency forward contracts | Cash Flow Hedging | Reclassification out of Accumulated Other Comprehensive Income
Derivatives, Fair Value [Line Items]
Net revenues	3	$ 6	$ 12	$ 17
Foreign currency forward contracts | Designated as Hedging Instrument | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Contract maturity (or less)			17 months
Buy USD, Sell GBP | Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Notional amount	25		$ 25		25
Fair value gain (loss)	$ 0		$ 0		$ (2)

Fair Value Measurements Fair Va

Fair Value Measurements Fair Value Measurements - Non-Recurring Basis (Details) - USD ($)	6 Months Ended		12 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Fair Value Measurements on a Non-Recurring Basis [Line Items]
Upward adjustment to equity investment			$ 38,000,000
Carrying value of the investment	$ 42,000,000		$ 42,000,000
Nonrecurring
Fair Value Measurements on a Non-Recurring Basis [Line Items]
Asset impairment charges	$ 0	$ 0

Deferred revenues (Details)

Deferred revenues (Details) - USD ($) $ in Billions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Deferred revenues	$ 1.2		$ 1.2		$ 1.4
Revenue recognized included in beginning deferred revenue	$ 0.4	$ 0.4	$ 1.2	$ 1.3

Deferred revenues - Remaining P

Deferred revenues - Remaining Performance Obligation (Details) $ in Billions	Jun. 30, 2020USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contracted not recognized revenue	$ 2.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contracted not recognized revenue	$ 1.4
Contracted not recognized revenue, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contracted not recognized revenue	$ 0.5
Contracted not recognized revenue, period	1 year

Debt - Credit Facilities (Detai

Debt - Credit Facilities (Details) - Revolver - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 1,500	$ 1,500
Long-term line of credit	$ 0

Debt - Unsecured Senior Notes,

Debt - Unsecured Senior Notes, Interest Expense and Financing Costs, and Additional Information (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Amount outstanding	$ 2,700	$ 2,700
Total Unsecured Senior Notes
Debt Instrument [Line Items]
Interest payable	15	15
Unsecured Debt | 2021 Notes
Debt Instrument [Line Items]
Amount outstanding	$ 650	$ 650
Interest rate	2.30%	2.30%
Unsecured Debt | 2026 Notes
Debt Instrument [Line Items]
Amount outstanding	$ 850	$ 850
Interest rate	3.40%	3.40%
Unsecured Debt | 2026 Notes | Significant Other Observable Inputs (Level 2)
Debt Instrument [Line Items]
Fair value of notes	$ 971	$ 893
Unsecured Debt | 2022 Notes
Debt Instrument [Line Items]
Amount outstanding	$ 400	$ 400
Interest rate	2.60%	2.60%
Unsecured Debt | 2027 Notes
Debt Instrument [Line Items]
Amount outstanding	$ 400	$ 400
Interest rate	3.40%	3.40%
Unsecured Debt | 2027 Notes | Significant Other Observable Inputs (Level 2)
Debt Instrument [Line Items]
Fair value of notes	$ 449
Unsecured Debt | 2047 Notes
Debt Instrument [Line Items]
Amount outstanding	$ 400	$ 400
Interest rate	4.50%	4.50%
Unsecured Debt | 2047 Notes | Significant Other Observable Inputs (Level 2)
Debt Instrument [Line Items]
Fair value of notes	$ 513	$ 456

Debt - Summary of Debt (Details

Debt - Summary of Debt (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Gross Carrying Amount	$ 2,700	$ 2,700
Unamortized Discount and Deferred Financing Costs	(24)	(25)
Net Carrying Amount	2,676	2,675
Unsecured Debt | 2021 Notes
Debt Instrument [Line Items]
Gross Carrying Amount	650	650
Unamortized Discount and Deferred Financing Costs	(2)	(2)
Net Carrying Amount	648	648
Unsecured Debt | 2022 Notes
Debt Instrument [Line Items]
Gross Carrying Amount	400	400
Unamortized Discount and Deferred Financing Costs	(2)	(2)
Net Carrying Amount	398	398
Unsecured Debt | 2026 Notes
Debt Instrument [Line Items]
Gross Carrying Amount	850	850
Unamortized Discount and Deferred Financing Costs	(7)	(7)
Net Carrying Amount	843	843
Unsecured Debt | 2027 Notes
Debt Instrument [Line Items]
Gross Carrying Amount	400	400
Unamortized Discount and Deferred Financing Costs	(4)	(5)
Net Carrying Amount	396	395
Unsecured Debt | 2047 Notes
Debt Instrument [Line Items]
Gross Carrying Amount	400	400
Unamortized Discount and Deferred Financing Costs	(9)	(9)
Net Carrying Amount	$ 391	$ 391

Debt - Schedule of Maturities (

Debt - Schedule of Maturities (Details) - USD ($) $ in Millions	Jun. 30, 2020	Dec. 31, 2019
Maturities of Long-term Debt [Abstract]
2020 (remaining six months)	$ 0
2021	650
2022	400
2023	0
2024	0
Thereafter	1,650
Amount outstanding	$ 2,700	$ 2,700

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ 12,805	$ 11,392
Other comprehensive income (loss) before reclassifications	(1)	11
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	(14)	(18)
Ending balance	13,682	11,977
Foreign currency translation adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(624)	(629)
Other comprehensive income (loss) before reclassifications	(9)	1
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	(2)	0
Ending balance	(635)	(628)
Unrealized gain (loss) on forward contracts
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	8	23
Other comprehensive income (loss) before reclassifications	3	11
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	(12)	(17)
Ending balance	(1)	17
Unrealized gain (loss) on available-for-sale securities
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(3)	5
Other comprehensive income (loss) before reclassifications	5	(1)
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	0	(1)
Ending balance	2	3
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(619)	(601)
Ending balance	$ (634)	$ (608)

Operating Segments and Geogra_3

Operating Segments and Geographic Region (Details) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)segment	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			3
Segment Reporting Information [Line Items]
Segment revenues	$ 2,078	$ 1,207	$ 3,600	$ 2,465
Operating income	749	336	1,361	906
Net effect from recognition (deferral) of deferred net revenues	146	(189)	(119)	(755)
Net revenues	1,932	1,396	3,719	3,220
Amortization of intangible assets	(14)	(48)	(47)	(103)
Restructuring costs	(6)	(22)	(29)	(79)
Interest and other expense (income), net (Note 12)	22	(34)	30	(31)
Income before income tax expense	727	370	1,331	937
Long-lived assets	434		434		$ 485
Digital online channels
Segment Reporting Information [Line Items]
Segment revenues	1,821	1,010	3,176	2,075
Net effect from recognition (deferral) of deferred net revenues	230	(76)	146	(404)
Net revenues	1,591	1,086	3,030	2,479
Retail channels
Segment Reporting Information [Line Items]
Segment revenues	86	81	135	161
Net effect from recognition (deferral) of deferred net revenues	(82)	(112)	(255)	(344)
Net revenues	168	193	390	505
Other
Segment Reporting Information [Line Items]
Segment revenues	171	116	289	229
Net effect from recognition (deferral) of deferred net revenues	(2)	(1)	(10)	(7)
Net revenues	173	117	299	236
Console
Segment Reporting Information [Line Items]
Segment revenues	713	261	1,077	539
Net effect from recognition (deferral) of deferred net revenues	58	(146)	(172)	(544)
Net revenues	655	407	1,249	1,083
PC
Segment Reporting Information [Line Items]
Segment revenues	519	311	998	659
Net effect from recognition (deferral) of deferred net revenues	37	(50)	17	(196)
Net revenues	482	361	981	855
Mobile and ancillary
Segment Reporting Information [Line Items]
Segment revenues	675	519	1,236	1,038
Net effect from recognition (deferral) of deferred net revenues	53	8	46	(8)
Net revenues	622	511	1,190	1,046
Other
Segment Reporting Information [Line Items]
Segment revenues	171	116	289	229
Net effect from recognition (deferral) of deferred net revenues	(2)	(1)	(10)	(7)
Net revenues	173	117	299	236
Americas
Segment Reporting Information [Line Items]
Segment revenues	1,236	644	2,041	1,314
Net effect from recognition (deferral) of deferred net revenues	124	(120)	(19)	(437)
Net revenues	1,112	$ 764	2,060	$ 1,751
Long-lived assets	$ 291		$ 291		322
US | Revenues | Geographic Concentration Risk
Segment Reporting Information [Line Items]
Revenues as a percentage of consolidated net revenues	51.00%	49.00%	50.00%	49.00%
EMEA
Segment Reporting Information [Line Items]
Segment revenues	$ 631	$ 401	$ 1,096	$ 814
Net effect from recognition (deferral) of deferred net revenues	16	(58)	(85)	(259)
Net revenues	615	$ 459	1,181	$ 1,073
Long-lived assets	$ 127		$ 127		142
UK | Revenues | Geographic Concentration Risk
Segment Reporting Information [Line Items]
Revenues as a percentage of consolidated net revenues	11.00%	9.00%	10.00%	9.00%
Asia Pacific
Segment Reporting Information [Line Items]
Segment revenues	$ 211	$ 162	$ 463	$ 337
Net effect from recognition (deferral) of deferred net revenues	6	(11)	(15)	(59)
Net revenues	205	173	478	396
Long-lived assets	16		16		$ 21
Reportable segments
Segment Reporting Information [Line Items]
Segment revenues	2,007	1,151	3,477	2,341
Operating income	974	301	1,510	607
Reportable segments | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment revenues	1,979	1,148	3,433	2,333
Reportable segments | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment revenues	28	3	44	8
Reportable segments | Activision
Segment Reporting Information [Line Items]
Segment revenues	993	268	1,512	585
Operating income	559	55	743	128
Net effect from recognition (deferral) of deferred net revenues	123	(160)	(138)	(605)
Net revenues	870	428	1,650	1,190
Reportable segments | Activision | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment revenues	993	268	1,512	585
Reportable segments | Activision | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Reportable segments | Activision | Digital online channels
Segment Reporting Information [Line Items]
Segment revenues	886	197	1,342	446
Net effect from recognition (deferral) of deferred net revenues	206	(51)	114	(268)
Net revenues	680	248	1,228	714
Reportable segments | Activision | Retail channels
Segment Reporting Information [Line Items]
Segment revenues	80	71	123	139
Net effect from recognition (deferral) of deferred net revenues	(83)	(109)	(252)	(337)
Net revenues	163	180	375	476
Reportable segments | Activision | Other
Segment Reporting Information [Line Items]
Segment revenues	27	0	47	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	27	0	47	0
Reportable segments | Activision | Console
Segment Reporting Information [Line Items]
Segment revenues	676	233	1,021	481
Net effect from recognition (deferral) of deferred net revenues	53	(141)	(169)	(527)
Net revenues	623	374	1,190	1,008
Reportable segments | Activision | PC
Segment Reporting Information [Line Items]
Segment revenues	167	32	256	99
Net effect from recognition (deferral) of deferred net revenues	21	(19)	(17)	(77)
Net revenues	146	51	273	176
Reportable segments | Activision | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment revenues	123	3	188	5
Net effect from recognition (deferral) of deferred net revenues	49	0	48	(1)
Net revenues	74	3	140	6
Reportable segments | Activision | Other
Segment Reporting Information [Line Items]
Segment revenues	27	0	47	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	27	0	47	0
Reportable segments | Activision | Americas
Segment Reporting Information [Line Items]
Segment revenues	648	150	974	341
Net effect from recognition (deferral) of deferred net revenues	100	(105)	(46)	(371)
Net revenues	548	255	1,020	712
Reportable segments | Activision | EMEA
Segment Reporting Information [Line Items]
Segment revenues	265	93	408	189
Net effect from recognition (deferral) of deferred net revenues	17	(42)	(79)	(189)
Net revenues	248	135	487	378
Reportable segments | Activision | Asia Pacific
Segment Reporting Information [Line Items]
Segment revenues	80	25	130	55
Net effect from recognition (deferral) of deferred net revenues	6	(13)	(13)	(45)
Net revenues	74	38	143	100
Reportable segments | Blizzard
Segment Reporting Information [Line Items]
Segment revenues	461	384	914	728
Operating income	203	75	400	130
Net effect from recognition (deferral) of deferred net revenues	21	(27)	25	(144)
Net revenues	440	411	889	872
Reportable segments | Blizzard | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment revenues	433	381	870	720
Reportable segments | Blizzard | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment revenues	28	3	44	8
Reportable segments | Blizzard | Digital online channels
Segment Reporting Information [Line Items]
Segment revenues	410	317	827	609
Net effect from recognition (deferral) of deferred net revenues	20	(25)	29	(139)
Net revenues	390	342	798	748
Reportable segments | Blizzard | Retail channels
Segment Reporting Information [Line Items]
Segment revenues	6	10	12	22
Net effect from recognition (deferral) of deferred net revenues	1	(3)	(3)	(7)
Net revenues	5	13	15	29
Reportable segments | Blizzard | Other
Segment Reporting Information [Line Items]
Segment revenues	45	57	75	97
Net effect from recognition (deferral) of deferred net revenues	0	1	(1)	2
Net revenues	45	56	76	95
Reportable segments | Blizzard | Console
Segment Reporting Information [Line Items]
Segment revenues	37	28	56	58
Net effect from recognition (deferral) of deferred net revenues	5	(5)	(3)	(17)
Net revenues	32	33	59	75
Reportable segments | Blizzard | PC
Segment Reporting Information [Line Items]
Segment revenues	354	251	736	503
Net effect from recognition (deferral) of deferred net revenues	15	(31)	34	(120)
Net revenues	339	282	702	623
Reportable segments | Blizzard | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment revenues	25	48	47	70
Net effect from recognition (deferral) of deferred net revenues	1	8	(5)	(9)
Net revenues	24	40	52	79
Reportable segments | Blizzard | Other
Segment Reporting Information [Line Items]
Segment revenues	45	57	75	97
Net effect from recognition (deferral) of deferred net revenues	0	1	(1)	2
Net revenues	45	56	76	95
Reportable segments | Blizzard | Americas
Segment Reporting Information [Line Items]
Segment revenues	235	187	409	339
Net effect from recognition (deferral) of deferred net revenues	19	(15)	22	(70)
Net revenues	216	202	387	409
Reportable segments | Blizzard | EMEA
Segment Reporting Information [Line Items]
Segment revenues	142	114	267	215
Net effect from recognition (deferral) of deferred net revenues	1	(13)	5	(61)
Net revenues	141	127	262	276
Reportable segments | Blizzard | Asia Pacific
Segment Reporting Information [Line Items]
Segment revenues	84	83	238	174
Net effect from recognition (deferral) of deferred net revenues	1	1	(2)	(13)
Net revenues	83	82	240	187
Reportable segments | King
Segment Reporting Information [Line Items]
Segment revenues	553	499	1,051	1,028
Operating income	212	171	367	349
Net effect from recognition (deferral) of deferred net revenues	4	0	3	3
Net revenues	549	499	1,048	1,025
Reportable segments | King | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment revenues	553	499	1,051	1,028
Reportable segments | King | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Reportable segments | King | Digital online channels
Segment Reporting Information [Line Items]
Segment revenues	553	499	1,051	1,028
Net effect from recognition (deferral) of deferred net revenues	4	0	3	3
Net revenues	549	499	1,048	1,025
Reportable segments | King | Retail channels
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Reportable segments | King | Other
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Reportable segments | King | Console
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Reportable segments | King | PC
Segment Reporting Information [Line Items]
Segment revenues	26	31	50	65
Net effect from recognition (deferral) of deferred net revenues	1	0	0	1
Net revenues	25	31	50	64
Reportable segments | King | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment revenues	527	468	1,001	963
Net effect from recognition (deferral) of deferred net revenues	3	0	3	2
Net revenues	524	468	998	961
Reportable segments | King | Other
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Reportable segments | King | Americas
Segment Reporting Information [Line Items]
Segment revenues	367	308	679	638
Net effect from recognition (deferral) of deferred net revenues	5	(1)	5	4
Net revenues	362	309	674	634
Reportable segments | King | EMEA
Segment Reporting Information [Line Items]
Segment revenues	135	137	269	281
Net effect from recognition (deferral) of deferred net revenues	0	0	(2)	0
Net revenues	135	137	271	281
Reportable segments | King | Asia Pacific
Segment Reporting Information [Line Items]
Segment revenues	51	54	103	109
Net effect from recognition (deferral) of deferred net revenues	(1)	1	0	(1)
Net revenues	52	53	103	110
Non-reportable segments
Segment Reporting Information [Line Items]
Segment revenues	99	59	167	132
Net effect from recognition (deferral) of deferred net revenues	(2)	(2)	(9)	(9)
Net revenues	101	61	176	141
Non-reportable segments | Digital online channels
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Non-reportable segments | Retail channels
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Non-reportable segments | Other
Segment Reporting Information [Line Items]
Segment revenues	99	59	167	132
Net effect from recognition (deferral) of deferred net revenues	(2)	(2)	(9)	(9)
Net revenues	101	61	176	141
Non-reportable segments | Console
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Non-reportable segments | PC
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Non-reportable segments | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Non-reportable segments | Other
Segment Reporting Information [Line Items]
Segment revenues	99	59	167	132
Net effect from recognition (deferral) of deferred net revenues	(2)	(2)	(9)	(9)
Net revenues	101	61	176	141
Non-reportable segments | Americas
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Non-reportable segments | EMEA
Segment Reporting Information [Line Items]
Segment revenues	99	59	167	132
Net effect from recognition (deferral) of deferred net revenues	(2)	(2)	(9)	(9)
Net revenues	101	61	176	141
Non-reportable segments | Asia Pacific
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Elimination of intersegment revenues
Segment Reporting Information [Line Items]
Segment revenues	(28)	(3)	(44)	(8)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	(28)	(3)	(44)	(8)
Elimination of intersegment revenues | Digital online channels
Segment Reporting Information [Line Items]
Segment revenues	(28)	(3)	(44)	(8)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	(28)	(3)	(44)	(8)
Elimination of intersegment revenues | Retail channels
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Elimination of intersegment revenues | Other
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Elimination of intersegment revenues | Console
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Elimination of intersegment revenues | PC
Segment Reporting Information [Line Items]
Segment revenues	(28)	(3)	(44)	(8)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	(28)	(3)	(44)	(8)
Elimination of intersegment revenues | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Elimination of intersegment revenues | Other
Segment Reporting Information [Line Items]
Segment revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	0	0	0	0
Elimination of intersegment revenues | Americas
Segment Reporting Information [Line Items]
Segment revenues	(14)	(1)	(21)	(4)
Net effect from recognition (deferral) of deferred net revenues	0	1	0	0
Net revenues	(14)	(2)	(21)	(4)
Elimination of intersegment revenues | EMEA
Segment Reporting Information [Line Items]
Segment revenues	(10)	(2)	(15)	(3)
Net effect from recognition (deferral) of deferred net revenues	0	(1)	0	0
Net revenues	(10)	(1)	(15)	(3)
Elimination of intersegment revenues | Asia Pacific
Segment Reporting Information [Line Items]
Segment revenues	(4)	0	(8)	(1)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Net revenues	(4)	0	(8)	(1)
Reconciling items
Segment Reporting Information [Line Items]
Net effect from recognition (deferral) of deferred net revenues	(146)	189	119	755
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues	(152)	135	19	576
Share-based compensation expense	(42)	(38)	(85)	(100)
Amortization of intangible assets	(14)	(47)	(47)	(102)
Restructuring costs	(6)	(22)	(29)	(79)
Reconciling items | Other segments
Segment Reporting Information [Line Items]
Operating income	$ (11)	$ 7	$ (7)	$ 4

Restructuring - Schedule of Acc

Restructuring - Schedule of Accrued Restructuring Included in Accrued Expenses and Other Liabilities by Cost Type (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		18 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020
Restructuring Reserve [Roll Forward]
Costs charged to expense	$ 6		$ 22	$ 29	$ 79
Costs charged to expense	6		22	29	79
2019 Restructuring
Restructuring Reserve [Roll Forward]
Balance, beginning	50	$ 35		35
Costs charged to expense	4	23	22	27	79	$ 164
Cash payments	(5)	(8)
Balance, ending	49	50		49		49
Costs charged to expense	4	23	$ 22	27	$ 79	164
2019 Restructuring | Severance and employee-related costs
Restructuring Reserve [Roll Forward]
Balance, beginning	49	32		32
Costs charged to expense	3	23				102
Cash payments	(3)	(6)
Balance, ending	49	49		49		49
Costs charged to expense	3	23				102
2019 Restructuring | Facilities and related costs
Restructuring Reserve [Roll Forward]
Balance, beginning	0	0		0
Costs charged to expense	0	0				29
Cash payments	0	0
Balance, ending	0	0		0		0
Costs charged to expense	0	0				29
2019 Restructuring | Other costs
Restructuring Reserve [Roll Forward]
Balance, beginning	1	3		3
Costs charged to expense	1	0				33
Cash payments	(2)	(2)
Balance, ending	0	1		$ 0		0
Costs charged to expense	$ 1	$ 0				$ 33

Restructuring - Total Restructu

Restructuring - Total Restructuring and Related Costs by Segment (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		18 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	$ 6		$ 22	$ 29	$ 79
2019 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	4	$ 23	22	27	79	$ 164
2019 Restructuring | Activision
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	2		2	4	11	23
2019 Restructuring | Blizzard
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	2		13	23	39	96
2019 Restructuring | King
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	(1)		6	(2)	13	18
2019 Restructuring | Other segments
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	$ 1		$ 1	$ 2	$ 16	$ 27

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - 2019 Restructuring - USD ($) $ in Millions	6 Months Ended
	Jun. 30, 2020	Dec. 31, 2020
Restructuring Cost and Reserve [Line Items]
Total expected pre-tax restructuring charges	$ 190
Forecast
Restructuring Cost and Reserve [Line Items]
Total expected pre-tax restructuring charges		$ 50
Severance and employee-related costs
Restructuring Cost and Reserve [Line Items]
Percentage of aggregate charge	60.00%
Facilities and related costs
Restructuring Cost and Reserve [Line Items]
Percentage of aggregate charge	20.00%
Other costs
Restructuring Cost and Reserve [Line Items]
Percentage of aggregate charge	20.00%

Restructuring - Schedule of Tot

Restructuring - Schedule of Total Expected Pre-tax Restructuring Charges (Details) - USD ($) $ in Millions	3 Months Ended			6 Months Ended		18 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	$ 6		$ 22	$ 29	$ 79
2019 Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	4	$ 23	22	27	79	$ 164
Total Expected Charges	190			190		190
2019 Restructuring | Activision
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	2		2	4	11	23
Total Expected Charges	25			25		25
2019 Restructuring | Blizzard
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	2		13	23	39	96
Total Expected Charges	105			105		105
2019 Restructuring | King
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	(1)		6	(2)	13	18
Total Expected Charges	20			20		20
2019 Restructuring | Other segments
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	1		$ 1	2	$ 16	27
Total Expected Charges	$ 40			$ 40		$ 40

Interest and Other Expense (I_3

Interest and Other Expense (Income), Net (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Other Income and Expenses [Abstract]
Interest income	$ (2)	$ (19)	$ (18)	$ (41)
Interest expense from debt and amortization of debt discount and deferred financing costs	23	23	45	46
Unrealized gain on equity investment	0	(38)	0	(38)
Other expense (income), net	1	0	3	2
Interest and other expense (income), net	$ 22	$ (34)	$ 30	$ (31)

Income Taxes (Details)

Income Taxes (Details) € in Millions, $ in Millions, kr in Billions	1 Months Ended		3 Months Ended		6 Months Ended		12 Months Ended
	Jan. 31, 2020USD ($)	Jan. 31, 2020EUR (€)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Jun. 30, 2020USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Dec. 31, 2018SEK (kr)	Dec. 31, 2017USD ($)	Dec. 31, 2017EUR (€)
Income Tax [Line Items]
Income tax expense			$ 147	$ 42	$ 247	$ 163
Effective tax rate (in percent)			20.00%	11.00%	19.00%	17.00%
Statutory income tax rate (in percent)					21.00%
Swedish Tax Agency
Income Tax [Line Items]
Total assessment, including penalties and interest, not recorded								$ 374	kr 3.5
French Tax Authority
Income Tax [Line Items]
Total assessment, including penalties and interest, not recorded										$ 640	€ 571
Tax expense related to tax settlement							$ 54
Tax payments, including interest and penalties	$ 180	€ 161

Computation of Basic_Diluted _3

Computation of Basic/Diluted Earnings Per Common Share - Computation EPS (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended				6 Months Ended
	Jun. 30, 2020	Mar. 31, 2020	Jun. 30, 2019	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Numerator:
Consolidated net income	$ 580	$ 505	$ 328	$ 447	$ 1,084	$ 774
Denominator:
Denominator for basic earnings per common share - weighted-average common shares outstanding (in shares)	771		766		770	765
Employee stock options and awards (in shares)	5		4		5	5
Denominator for diluted earnings per common share - weighted-average common shares outstanding plus dilutive common shares under treasury stock method (in shares)	776		770		775	770
Basic earnings per common share (in dollars per share)	$ 0.75		$ 0.43		$ 1.41	$ 1.01
Diluted earnings per common share (in dollars per share)	$ 0.75		$ 0.43		$ 1.40	$ 1.01

Computation of Basic_Diluted _4

Computation of Basic/Diluted Earnings Per Common Share - Weighted-Average Shares Excluded from the Computation of Diluted Earnings Per Share (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020	Jun. 30, 2019
Earnings Per Share [Abstract]
Restricted stock units and options with underlying performance measures that had not yet been met (in shares)	4	4	3	3
Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive options to purchase shares of common stock (in shares)	1	6	3	6

Capital Transactions - Repurcha

Capital Transactions - Repurchase Program (Details) - Share Repurchase Program 2019 - USD ($)	6 Months Ended
	Jun. 30, 2020	Jan. 31, 2019
Share Repurchase Program [Line Items]
Share repurchase program, dollar amount authorized		$ 1,500,000,000
Shares of common stock repurchased (in shares)	0
Cost of common stock repurchased under the stock repurchase program	$ 0

Capital Transactions - Dividend

Capital Transactions - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	May 06, 2020	Feb. 06, 2020	May 09, 2019	Feb. 12, 2019	Mar. 31, 2020	Mar. 31, 2019	Jun. 30, 2020	Jun. 30, 2019
Dividends
Dividends per common share (in dollars per share)		$ 0.41		$ 0.37	$ 0.41	$ 0.37
Cash dividend payment	$ 316		$ 283				$ 316	$ 283