Activision Blizzard (ATVI) 10-Q 2 Nov 21 2021 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2021	Oct. 26, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	1-15839
Entity Registrant Name	ACTIVISION BLIZZARD, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	95-4803544
Entity Address, Address Line One	N/A
Entity Address, City or Town	N/A
Entity Address, Postal Zip Code	N/A
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		778,888,584
Entity Central Index Key	0000718877
Amendment Flag	false
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 9,718	$ 8,647
Accounts receivable, net of allowances of $36 and $83, at September 30, 2021 and December 31, 2020, respectively	585	1,052
Software development	227	352
Other current assets	681	514
Total current assets	11,211	10,565
Software development	349	160
Property and equipment, net	171	209
Deferred income taxes, net	1,400	1,318
Other assets	632	641
Intangible assets, net	449	451
Goodwill	9,765	9,765
Total assets	23,977	23,109
Current liabilities:
Accounts payable	248	295
Deferred revenues	844	1,689
Accrued expenses and other liabilities	924	1,116
Total current liabilities	2,016	3,100
Long-term debt, net	3,607	3,605
Deferred income taxes, net	433	418
Other liabilities	971	949
Total liabilities	7,027	8,072
Commitments and contingencies
Shareholders’ equity:
Common stock, $0.000001 par value, 2,400,000,000 shares authorized, 1,207,443,667 and 1,202,906,087 shares issued at September 30, 2021 and December 31, 2020, respectively	0	0
Additional paid-in capital	11,640	11,531
Less: Treasury stock, at cost, 428,676,471 shares at September 30, 2021 and December 31, 2020	(5,563)	(5,563)
Retained earnings	11,460	9,691
Accumulated other comprehensive loss	(587)	(622)
Total shareholders’ equity	16,950	15,037
Total liabilities and shareholders’ equity	$ 23,977	$ 23,109

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
Accounts receivable, allowances	$ 36	$ 83
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)	1,207,443,667	1,202,906,087
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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Net revenues
Total net revenues	$ 2,070	$ 1,954	$ 6,640	$ 5,674
Cost of Revenue-product sales and in-game, subscription, and other:
Product development	329	274	1,016	802
Sales and marketing	244	238	727	722
General and administrative	143	186	614	529
Restructuring and related costs	3	9	46	39
Total costs and expenses	1,246	1,176	4,062	3,535
Operating income	824	778	2,578	2,139
Interest and other expense (income), net	65	25	52	55
Loss on extinguishment of debt	0	31	0	31
Income before income tax expense	759	722	2,526	2,053
Income tax expense	120	118	391	365
Net income	$ 639	$ 604	$ 2,135	$ 1,688
Earnings per common share
Basic (in dollars per share)	$ 0.82	$ 0.78	$ 2.75	$ 2.19
Diluted (in dollars per share)	$ 0.82	$ 0.78	$ 2.72	$ 2.17
Weighted-average number of shares outstanding
Basic (in shares)	778	772	777	771
Diluted (in shares)	783	779	784	777
Product sales
Net revenues
Total net revenues	$ 423	$ 408	$ 1,666	$ 1,484
In-game, subscription, and other revenues
Net revenues
Total net revenues	1,647	1,546	4,974	4,190
Product costs
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	120	101	375	357
Software royalties, amortization, and intellectual property licenses
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	72	37	272	152
Game operations and distribution costs
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	307	290	925	819
Software royalties, amortization, and intellectual property licenses
Cost of Revenue-product sales and in-game, subscription, and other:
Cost of revenues	$ 28	$ 41	$ 87	$ 115

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 639	$ 604	$ 2,135	$ 1,688
Other comprehensive income (loss):
Foreign currency translation adjustments, net of tax	(14)	21	(8)	11
Unrealized gains (losses) on forward contracts designated as hedges, net of tax	14	(18)	40	(26)
Unrealized gains (losses) on available-for-sale securities, net of tax	6	(2)	3	1
Total other comprehensive income (loss)	6	1	35	(14)
Comprehensive income	$ 645	$ 605	$ 2,170	$ 1,674

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($) $ in Millions		9 Months Ended
		Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income		$ 2,135	$ 1,688
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income taxes		(82)	(13)
Non-cash operating lease cost		46	48
Depreciation and amortization		88	152
Amortization of capitalized software development costs and intellectual property licenses	[1]	256	141
Share-based compensation expense	[2]	259	138
Realized and unrealized gain on equity investment (Note 6)		(36)	(3)
Other		(3)	15
Changes in operating assets and liabilities:
Accounts receivable, net		462	225
Software development and intellectual property licenses		(303)	(300)
Other assets		(88)	(179)
Deferred revenues		(818)	(322)
Accounts payable		(46)	(71)
Accrued expenses and other liabilities		(117)	(407)
Net cash provided by operating activities		1,753	1,112
Cash flows from investing activities:
Proceeds from maturities of available-for-sale investments		120	36
Proceeds from sale of available-for-sale investments		66	0
Purchases of available-for-sale investments		(248)	(158)
Capital expenditures		(59)	(56)
Other investing activities		20	0
Net cash used in investing activities		(101)	(178)
Cash flows from financing activities:
Proceeds from issuance of common stock to employees		78	114
Tax payment related to net share settlements on restricted stock units		(246)	(41)
Dividends paid		(365)	(316)
Proceeds from debt issuances, net of discounts		0	1,994
Repayment of long-term debt		0	(1,050)
Payment of financing costs		0	(20)
Premium payment for early redemption of note		0	(28)
Net cash (used in) provided by financing activities		(533)	653
Effect of foreign exchange rate changes on cash and cash equivalents		(35)	32
Net increase (decrease) in cash and cash equivalents and restricted cash		1,084	1,619
Cash and cash equivalents and restricted cash at beginning of period		8,652	5,798
Cash and cash equivalents and restricted cash at end of period		$ 9,736	$ 7,417
[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)
Balance (in shares) at Dec. 31, 2019			1,197	429
Beginning balance at Dec. 31, 2019	$ 12,805	$ (3)	$ 0	$ (5,563)	$ 11,174	$ 7,813	$ (3)	$ (619)
Components of comprehensive income:
Net income	505					505
Other comprehensive income (loss)	(9)							(9)
Issuance of common stock pursuant to employee stock options (in shares)			1
Issuance of common stock pursuant to employee stock options	27				27
Issuance of common stock pursuant to restricted stock units (in shares)			1
Issuance of common stock pursuant to restricted stock units	0
Restricted stock surrendered for employees’ tax liability	(31)				(31)
Share-based compensation expense related to employee stock options and restricted stock units	43				43
Dividends	(316)					(316)
Balance (in shares) at Mar. 31, 2020			1,199	429
Ending balance at Mar. 31, 2020	$ 13,021		$ 0	$ (5,563)	11,213	7,999		(628)
Components of comprehensive income:
Accounting Standards Update [Extensible Enumeration]	Accounting Standards Update 2016-13 [Member]
Balance (in shares) at Dec. 31, 2019			1,197	429
Beginning balance at Dec. 31, 2019	$ 12,805	$ (3)	$ 0	$ (5,563)	11,174	7,813	$ (3)	(619)
Components of comprehensive income:
Net income	1,688
Other comprehensive income (loss)	(14)
Balance (in shares) at Sep. 30, 2020			1,201	429
Ending balance at Sep. 30, 2020	14,382		$ 0	$ (5,563)	11,395	9,183		(633)
Balance (in shares) at Mar. 31, 2020			1,199	429
Beginning balance at Mar. 31, 2020	13,021		$ 0	$ (5,563)	11,213	7,999		(628)
Components of comprehensive income:
Net income	580					580
Other comprehensive income (loss)	(6)							(6)
Issuance of common stock pursuant to employee stock options (in shares)			1
Issuance of common stock pursuant to employee stock options	44				44
Restricted stock surrendered for employees’ tax liability	(3)				(3)
Share-based compensation expense related to employee stock options and restricted stock units	46				46
Balance (in shares) at Jun. 30, 2020			1,200	429
Ending balance at Jun. 30, 2020	13,682		$ 0	$ (5,563)	11,300	8,579		(634)
Components of comprehensive income:
Net income	604					604
Other comprehensive income (loss)	1							1
Issuance of common stock pursuant to employee stock options (in shares)			1
Issuance of common stock pursuant to employee stock options	43				43
Restricted stock surrendered for employees’ tax liability	(6)				(6)
Share-based compensation expense related to employee stock options and restricted stock units	58				58
Balance (in shares) at Sep. 30, 2020			1,201	429
Ending balance at Sep. 30, 2020	14,382		$ 0	$ (5,563)	11,395	9,183		(633)
Balance (in shares) at Dec. 31, 2020			1,203	429
Beginning balance at Dec. 31, 2020	15,037		$ 0	$ (5,563)	11,531	9,691		(622)
Components of comprehensive income:
Net income	619					619
Other comprehensive income (loss)	22							22
Issuance of common stock pursuant to employee stock options (in shares)			1
Issuance of common stock pursuant to employee stock options	33				33
Issuance of common stock pursuant to restricted stock units (in shares)			4
Issuance of common stock pursuant to restricted stock units	0
Restricted stock surrendered for employees' tax liability (in shares)			(2)
Restricted stock surrendered for employees’ tax liability	(165)				(165)
Share-based compensation expense related to employee stock options and restricted stock units	150				150
Dividends	(365)					(365)
Balance (in shares) at Mar. 31, 2021			1,206	429
Ending balance at Mar. 31, 2021	15,331		$ 0	$ (5,563)	11,549	9,945		(600)
Balance (in shares) at Dec. 31, 2020			1,203	429
Beginning balance at Dec. 31, 2020	15,037		$ 0	$ (5,563)	11,531	9,691		(622)
Components of comprehensive income:
Net income	2,135
Other comprehensive income (loss)	35
Balance (in shares) at Sep. 30, 2021			1,207	429
Ending balance at Sep. 30, 2021	16,950		$ 0	$ (5,563)	11,640	11,460		(587)
Balance (in shares) at Mar. 31, 2021			1,206	429
Beginning balance at Mar. 31, 2021	15,331		$ 0	$ (5,563)	11,549	9,945		(600)
Components of comprehensive income:
Net income	876					876
Other comprehensive income (loss)	7							7
Issuance of common stock pursuant to employee stock options	33				33
Restricted stock surrendered for employees’ tax liability	(7)				(7)
Share-based compensation expense related to employee stock options and restricted stock units	46				46
Balance (in shares) at Jun. 30, 2021			1,206	429
Ending balance at Jun. 30, 2021	16,286		$ 0	$ (5,563)	11,621	10,821		(593)
Components of comprehensive income:
Net income	639					639
Other comprehensive income (loss)	6							6
Issuance of common stock pursuant to employee stock options (in shares)			0
Issuance of common stock pursuant to employee stock options	12				12
Issuance of common stock pursuant to restricted stock units (in shares)			2
Issuance of common stock pursuant to restricted stock units	0
Restricted stock surrendered for employees' tax liability (in shares)			(1)
Restricted stock surrendered for employees’ tax liability	(73)				(73)
Share-based compensation expense related to employee stock options and restricted stock units	80				80
Balance (in shares) at Sep. 30, 2021			1,207	429
Ending balance at Sep. 30, 2021	$ 16,950		$ 0	$ (5,563)	$ 11,640	$ 11,460		$ (587)

CONDENSED CONSOLIDATED STATEM_5

CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (Unaudited) (Parenthetical) - $ / shares	Feb. 04, 2021	Feb. 06, 2020	Mar. 31, 2021	Mar. 31, 2020
Statement of Stockholders' Equity [Abstract]
Dividends per common share (in dollars per share)	$ 0.47	$ 0.41	$ 0.47	$ 0.41

Description of Business and Bas

Description of Business and Basis of Consolidation and Presentation	9 Months Ended
	Sep. 30, 2021
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 (“PCs”), and mobile devices. We also operate esports leagues and offer digital advertising within some of our content. The terms “Activision Blizzard,” the “Company,” “we,” “us,” and “our” are used to refer collectively to Activision Blizzard, Inc. and its subsidiaries. Our Segments Based upon our organizational structure, we conduct our business through three reportable segments, each of which is a leading global developer and publisher of interactive entertainment content and services based primarily on our internally-developed intellectual properties. (i) Activision Publishing, Inc. Activision Publishing, Inc. (“Activision”) delivers content through both premium and free-to-play offerings and primarily generates revenue from full-game and in-game sales, as well as by licensing software to third-party or related-party companies that distribute Activision products. Activision’s key product franchise is Call of Duty ® , a first-person action franchise. Activision also includes the activities of the Call of Duty League™, a global professional esports league with city-based teams. (ii) Blizzard Entertainment, Inc. Blizzard Entertainment, Inc. (“Blizzard”) delivers content through both premium and free-to-play offerings and primarily generates revenue from full-game and in-game sales, subscriptions, and by licensing software to third-party or related-party companies that distribute Blizzard products. Blizzard also maintains a proprietary online gaming service, Battle.net ® , which facilitates digital distribution of Blizzard content and selected Activision content, online social connectivity, and the creation of user-generated content. Blizzard’s key product franchises include: World of Warcraft ® , a subscription-based massive multi-player online role-playing franchise; Hearthstone ® , an online collectible card franchise based in the Warcraft ® universe; Diablo ® , an action role-playing franchise; and Overwatch ® , a team-based first-person action franchise. Blizzard also includes the activities of the Overwatch League™, a global professional esports league with city-based teams. (iii) King Digital Entertainment King Digital Entertainment (“King”) delivers content through free-to-play offerings and primarily generates revenue from in-game sales and in-game advertising on the mobile platform. King’s key product franchise is Candy Crush™, a “match three” franchise. 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, 2020. 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 and the ongoing recovery, involves additional uncertainty. While there was no material impact to our estimates in the current period, in future periods, facts and circumstances 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	9 Months Ended
	Sep. 30, 2021
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recently adopted accounting pronouncements Simplifying the Accounting for Income Taxes In December 2019, the Financial Accounting Standards Board (“FASB”) issued new guidance, which is intended to simplify various aspects associated with the accounting for income taxes by removing certain exceptions to the general principles in Topic 740 for 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. Generally, the guidance 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. On January 1, 2021, we adopted this new accounting standard and applied the topics in the manner required by the standard. The adoption of this standard did not have a material impact on our condensed consolidated financial statements.

Software Development and Intell

Software Development and Intellectual Property Licenses	9 Months Ended
	Sep. 30, 2021
Software Development Costs and Intellectual Property Licenses
Software Development and Intellectual Property Licenses	Software Development and Intellectual Property Licenses Our total capitalized software development costs of $576 million and $512 million, as of September 30, 2021 and December 31, 2020, respectively, primarily relate to internal development costs. As of both September 30, 2021 and December 31, 2020, 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 September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Amortization of capitalized software development costs and intellectual property licenses $ 71 $ 37 $ 270 $ 149

Intangible Assets, Net

Intangible Assets, Net	9 Months Ended
	Sep. 30, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Intangible Assets, Net	Intangible Assets, Net Intangible assets, net, consist of the following (amounts in millions): At September 30, 2021 Estimated Gross Accumulated Net Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,154) $ — Trade names and other 1 - 10 years 80 (64) 16 Total definite-lived intangible assets (1) $ 1,234 $ (1,218) $ 16 Acquired indefinite-lived intangible assets: Activision trademark Indefinite $ 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 449 (1) Beginning with the first quarter of 2021, the balances of the developed software intangible assets have been removed as such amounts were fully amortized in the prior year. At December 31, 2020 Estimated Gross Accumulated Net carrying Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,151) $ 3 Developed software 2 - 5 years 601 (601) — Trade names and other 1 - 10 years 73 (58) 15 Total definite-lived intangible assets $ 1,828 $ (1,810) $ 18 Acquired indefinite-lived intangible assets: Activision trademark Indefinite $ 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 451 Amortization expense of our intangible assets was $2 million and $8 million for the three and nine months ended September 30, 2021, respectively. Amortization expense of our intangible assets was $16 million and $62 million for the three and nine months ended September 30, 2020, respectively.

Goodwill

Goodwill	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Goodwill The carrying amount of goodwill by reportable segment at both September 30, 2021 and December 31, 2020, was as follows (amounts in millions): Activision Blizzard King Total Goodwill $ 6,899 $ 190 $ 2,676 $ 9,765

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 Using As of September 30, 2021 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Financial Assets: Recurring fair value measurements: Money market funds $ 9,422 $ 9,422 $ — $ — Cash and cash equivalents Foreign government treasury bills 29 29 — — Cash and cash equivalents U.S. treasuries and government agency securities 224 224 — — Other current assets Equity securities 58 58 — — Other current assets Foreign currency forward contracts designated as hedges 15 — 15 — Other current assets & Other assets Foreign currency forward contracts not designated as hedges 6 — 6 — Other current assets Total $ 9,754 $ 9,733 $ 21 $ — Financial Liabilities: Foreign currency forward contracts designated as hedges $ (3) $ — $ (3) $ — Accrued expenses and other liabilities Fair Value Measurements at December 31, 2020 Using As of December 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Financial Assets: Recurring fair value measurements: Money market funds $ 8,345 $ 8,345 $ — $ — Cash and cash equivalents Foreign government treasury bills 34 34 — — Cash and cash equivalents U.S. treasuries and government agency securities 164 164 — — Other current assets Total $ 8,543 $ 8,543 $ — $ — Financial Liabilities: Foreign currency forward contracts not designated as hedges $ (2) $ — $ (2) $ — Accrued expenses and other liabilities Foreign currency forward contracts designated as hedges (24) — (24) — Accrued expenses and other liabilities Total $ (26) $ — $ (26) $ — 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, all of which had remaining maturities of 14 months or less as of September 30, 2021, are as follows (amounts in millions): As of September 30, 2021 As of December 31, 2020 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell EUR $ 700 $ 12 $ 542 $ (24) For the three and nine months ended September 30, 2021 and September 30, 2020, 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 were not material. 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 September 30, 2021 As of December 31, 2020 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell EUR $ 68 $ 3 $ — $ — Buy USD, Sell GBP $ 144 $ 3 $ 116 $ (2) For the three and nine months ended September 30, 2021 and September 30, 2020, pre-tax net gains (losses) associated with these forward contracts were recorded in “General and administrative expenses” and were not material. Equity Securities Fair Value Measurement At December 31, 2020, we held an investment in equity securities with a carrying value of $45 million. The investment did not have a readily-determinable fair value and was carried at cost, less impairment, and adjusted for changes resulting from observable price changes in orderly transactions for identical or similar investments in the same issuer. During June 2021, the investee completed a merger with a special purpose acquisition company (“SPAC”) and, as a result, our investment was converted into common shares of the publicly traded company. In connection with the SPAC transaction, we sold a portion of our investment for $22 million and recognized a realized gain of $16 million during the three months ended June 30, 2021. Our remaining investment is now measured at fair value at the end of each reporting period. As of September 30, 2021, the carrying value of the investment was $58 million and was classified within “Other current assets” in our condensed consolidated balance sheets. The realized and unrealized gains were recorded within “Interest and other expense (income), net” in our condensed consolidated statement of operations (refer to N ote 13 ) for the three and nine months ended September 30, 2021.

Deferred Revenues

Deferred Revenues	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and December 31, 2020, were $0.9 billion and $1.7 billion, respectively. For the nine months ended September 30, 2021, 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 performance obligations, all of which were in the ordinary course of business. During the three and nine months ended September 30, 2021, $87 million and $1.7 billion of revenues, respectively, were recognized that were included in the deferred revenues balance at December 31, 2020. During the three and nine months ended September 30, 2020, $54 million and $1.3 billion of revenues, respectively, were recognized that were included in the deferred revenues balance at December 31, 2019. As of September 30, 2021, the aggregate amount of contracted revenues allocated to our unsatisfied performance obligations was $1.6 billion, which included our deferred revenues balances and amounts to be invoiced and recognized as revenue in future periods. We expect to recognize approximately $1.3 billion over the next 12 months, $0.2 billion in the subsequent 12-month period, and the remainder thereafter. This balance did not include an estimate for variable consideration arising from sales-based royalty license revenue in excess of the contractual minimum guarantee or any estimated amounts of variable consideration that are subject to constraint in accordance with the revenue accounting standard.

Debt

Debt	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Debt	Debt Credit Facilities As of September 30, 2021 and December 31, 2020, 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 September 30, 2021. Refer to Note 13 contained in our Annual Report on Form 10-K for the year ended December 31, 2020 for further details regarding the Credit Agreement and its key terms. Unsecured Senior Notes As of September 30, 2021 and December 31, 2020, we had $3.7 billion of gross unsecured senior notes outstanding. A summary of our outstanding unsecured senior notes is as follows (amounts in millions): At September 30, 2021 At December 31, 2020 Unsecured Senior Notes Interest Rate Semi-Annual Interest Payments Due On Maturity Principal Fair Value Principal Fair Value 2026 Notes 3.40% Mar. 15 & Sept. 15 Sept. 2026 $ 850 $ 927 $ 850 $ 970 2027 Notes 3.40% Jun. 15 & Dec. 15 Jun. 2027 400 439 400 454 2030 Notes 1.35% Mar. 15 & Sept. 15 Sept. 2030 500 466 500 490 2047 Notes 4.50% Jun. 15 & Dec. 15 Jun. 2047 400 492 400 525 2050 Notes 2.50% Mar. 15 & Sept. 15 Sept. 2050 1,500 1,320 1,500 1,462 Total gross long-term debt $ 3,650 $ 3,650 Unamortized discount and deferred financing costs (43) (45) Total net carrying amount $ 3,607 $ 3,605 We were in compliance with the terms of the notes outstanding as of September 30, 2021. As of September 30, 2021, with the exception of our 2026 Notes, which are scheduled to mature in September 2026, no other contractual principal repayments of our long-term debt were due within the next five years. Refer to Note 13 contained in our Annual Report on Form 10-K for the year ended December 31, 2020 for further details regarding key terms under our indentures that govern our outstanding notes.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	9 Months Ended
	Sep. 30, 2021
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 Nine Months Ended September 30, 2021 Foreign currency Unrealized gain (loss) Unrealized gain (loss) Total Balance at December 31, 2020 $ (589) $ (5) $ (28) $ (622) Other comprehensive income (loss) before reclassifications (8) — 27 19 Amounts reclassified from accumulated other comprehensive income (loss) into earnings — 3 13 16 Balance at September 30, 2021 $ (597) $ (2) $ 12 $ (587) For the Nine Months Ended September 30, 2020 Foreign currency Unrealized gain (loss) Unrealized gain (loss) Total Balance at December 31, 2019 $ (624) $ (3) $ 8 $ (619) Other comprehensive income (loss) before reclassifications 13 — (19) (6) Amounts reclassified from accumulated other comprehensive income (loss) into earnings (2) 1 (7) (8) Balance at September 30, 2020 $ (613) $ (2) $ (18) $ (633)

Operating Segments and Geograph

Operating Segments and Geographic Regions	9 Months Ended
	Sep. 30, 2021
Segment Reporting [Abstract]
Operating Segments and Geographic Regions	Operating Segments and Geographic Regions 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 September 30, 2021 and 2020, are presented below (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 641 $ 478 $ 652 $ 1,771 Intersegment net revenues (1) — 15 — 15 Segment net revenues $ 641 $ 493 $ 652 $ 1,786 Segment operating income $ 244 $ 188 $ 303 $ 735 Three Months Ended September 30, 2020 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 773 $ 393 $ 536 $ 1,702 Intersegment net revenues (1) — 18 — 18 Segment net revenues $ 773 $ 411 $ 536 $ 1,720 Segment operating income $ 345 $ 133 $ 248 $ 726 Information on reportable segment net revenues and operating income for the nine months ended September 30, 2021 and 2020, are presented below (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 2,321 $ 1,347 $ 1,896 $ 5,564 Intersegment net revenues (1) — 62 — 62 Segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 5,626 Segment operating income $ 1,049 $ 537 $ 755 $ 2,341 Nine Months Ended September 30, 2020 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 2,285 $ 1,264 $ 1,587 $ 5,136 Intersegment net revenues (1) — 62 — 62 Segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 5,198 Segment operating income $ 1,088 $ 533 $ 615 $ 2,236 (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 September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Reconciliation to consolidated net revenues: Segment net revenues $ 1,786 $ 1,720 $ 5,626 $ 5,198 Revenues from non-reportable segments (1) 109 65 303 232 Net effect from recognition (deferral) of deferred net revenues (2) 190 187 773 306 Elimination of intersegment revenues (3) (15) (18) (62) (62) Consolidated net revenues $ 2,070 $ 1,954 $ 6,640 $ 5,674 Reconciliation to consolidated income before income tax expense: Segment operating income $ 735 $ 726 $ 2,341 $ 2,236 Operating income (loss) from non-reportable segments (1) 4 (20) (12) (27) Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2) 154 150 562 169 Share-based compensation expense (64) (53) (259) (138) Amortization of intangible assets (2) (16) (8) (62) Restructuring and related costs ( Note 12 ) (3) (9) (46) (39) Consolidated operating income 824 778 2,578 2,139 Interest and other expense (income), net 65 25 52 55 Loss on extinguishment of debt — 31 — 31 Consolidated income before income tax expense $ 759 $ 722 $ 2,526 $ 2,053 (1) Includes other income and expenses outside of our reportable segments, including our Distribution business and 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. Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the three months ended September 30, 2021 and 2020, were as follows (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 723 $ 493 $ 651 $ — $ (15) $ 1,852 Retail channels 63 6 — — — 69 Other (2) 8 33 — 108 — 149 Total consolidated net revenues $ 794 $ 532 $ 651 $ 108 $ (15) $ 2,070 Change in deferred revenues: Digital online channels (1) $ (128) $ (37) $ 1 $ — $ — $ (164) Retail channels (25) (2) — — — (27) Other (2) — — — 1 — 1 Total change in deferred revenues $ (153) $ (39) $ 1 $ 1 $ — $ (190) Segment net revenues: Digital online channels (1) $ 595 $ 456 $ 652 $ — $ (15) $ 1,688 Retail channels 38 4 — — — 42 Other (2) 8 33 — 109 — 150 Total segment net revenues $ 641 $ 493 $ 652 $ 109 $ (15) $ 1,880 Three Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 826 $ 405 $ 540 $ — $ (18) $ 1,753 Retail channels 110 7 — — — 117 Other (2) 8 11 — 65 — 84 Total consolidated net revenues $ 944 $ 423 $ 540 $ 65 $ (18) $ 1,954 Change in deferred revenues: Digital online channels (1) $ (130) $ (14) $ (4) $ — $ — $ (148) Retail channels (41) 2 — — — (39) Other (2) — — — — — — Total change in deferred revenues $ (171) $ (12) $ (4) $ — $ — $ (187) Segment net revenues: Digital online channels (1) $ 696 $ 391 $ 536 $ — $ (18) $ 1,605 Retail channels 69 9 — — — 78 Other (2) 8 11 — 65 — 84 Total segment net revenues $ 773 $ 411 $ 536 $ 65 $ (18) $ 1,767 Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 2,625 $ 1,426 $ 1,894 $ — $ (62) $ 5,883 Retail channels 334 20 — — — 354 Other (2) 38 71 — 294 — 403 Total consolidated net revenues $ 2,997 $ 1,517 $ 1,894 $ 294 $ (62) $ 6,640 Change in deferred revenues: Digital online channels (1) $ (491) $ (101) $ 2 $ — $ — $ (590) Retail channels (185) (7) — — — (192) Other (2) — — — 9 — 9 Total change in deferred revenues $ (676) $ (108) $ 2 $ 9 $ — $ (773) Segment net revenues: Digital online channels (1) $ 2,134 $ 1,325 $ 1,896 $ — $ (62) $ 5,293 Retail channels 149 13 — — — 162 Other (2) 38 71 — 303 — 412 Total segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 303 $ (62) $ 5,867 Nine Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 2,054 $ 1,203 $ 1,587 $ — $ (62) $ 4,782 Retail channels 485 23 1 — — 509 Other (2) 55 87 — 241 — 383 Total consolidated net revenues $ 2,594 $ 1,313 $ 1,588 $ 241 $ (62) $ 5,674 Change in deferred revenues: Digital online channels (1) $ (16) $ 16 $ (1) $ — $ — $ (1) Retail channels (293) (2) — — — (295) Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (309) $ 13 $ (1) $ (9) $ — $ (306) Segment net revenues: Digital online channels (1) $ 2,038 $ 1,219 $ 1,586 $ — $ (62) $ 4,781 Retail channels 192 21 1 — — 214 Other (2) 55 86 — 232 — 373 Total segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 232 $ (62) $ 5,368 (1) Net revenues from “Digital online channels” include revenues from digitally-distributed downloadable content, microtransactions, subscriptions, 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 September 30, 2021 and 2020, were as follows (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 515 $ 243 $ 417 $ — $ (9) $ 1,166 EMEA (1) 187 166 163 108 (5) 619 Asia Pacific 92 123 71 — (1) 285 Total consolidated net revenues $ 794 $ 532 $ 651 $ 108 $ (15) $ 2,070 Change in deferred revenues: Americas $ (110) $ (27) $ 1 $ — $ — $ (136) EMEA (1) (42) (22) — 1 — (63) Asia Pacific (1) 10 — — — 9 Total change in deferred revenues $ (153) $ (39) $ 1 $ 1 $ — $ (190) Segment net revenues: Americas $ 405 $ 216 $ 418 $ — $ (9) $ 1,030 EMEA (1) 145 144 163 109 (5) 556 Asia Pacific 91 133 71 — (1) 294 Total segment net revenues $ 641 $ 493 $ 652 $ 109 $ (15) $ 1,880 Three Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 595 $ 192 $ 350 $ — $ (10) $ 1,127 EMEA (1) 263 131 136 65 (6) 589 Asia Pacific 86 100 54 — (2) 238 Total consolidated net revenues $ 944 $ 423 $ 540 $ 65 $ (18) $ 1,954 Change in deferred revenues: Americas $ (77) $ (4) $ (4) $ — $ (1) $ (86) EMEA (1) (68) (8) — — 1 (75) Asia Pacific (26) — — — — (26) Total change in deferred revenues $ (171) $ (12) $ (4) $ — $ — $ (187) Segment net revenues: Americas $ 518 $ 188 $ 346 $ — $ (11) $ 1,041 EMEA (1) 195 123 136 65 (5) 514 Asia Pacific 60 100 54 — (2) 212 Total segment net revenues $ 773 $ 411 $ 536 $ 65 $ (18) $ 1,767 Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 1,942 $ 698 $ 1,215 $ — $ (36) $ 3,819 EMEA (1) 780 507 485 294 (21) 2,045 Asia Pacific 275 312 194 — (5) 776 Total consolidated net revenues $ 2,997 $ 1,517 $ 1,894 $ 294 $ (62) $ 6,640 Change in deferred revenues: Americas $ (420) $ (57) $ 2 $ — $ — $ (475) EMEA (1) (213) (55) (1) 9 — (260) Asia Pacific (43) 4 1 — — (38) Total change in deferred revenues $ (676) $ (108) $ 2 $ 9 $ — $ (773) Segment net revenues: Americas $ 1,522 $ 641 $ 1,217 $ — $ (36) $ 3,344 EMEA (1) 567 452 484 303 (21) 1,785 Asia Pacific 232 316 195 — (5) 738 Total segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 303 $ (62) $ 5,867 Nine Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 1,615 $ 580 $ 1,024 $ — $ (31) $ 3,188 EMEA (1) 750 393 407 241 (21) 1,770 Asia Pacific 229 340 157 — (10) 716 Total consolidated net revenues $ 2,594 $ 1,313 $ 1,588 $ 241 $ (62) $ 5,674 Change in deferred revenues: Americas $ (124) $ 18 $ — $ — $ — $ (106) EMEA (1) (146) (3) (1) (9) — (159) Asia Pacific (39) (2) — — — (41) Total change in deferred revenues $ (309) $ 13 $ (1) $ (9) $ — $ (306) Segment net revenues: Americas $ 1,491 $ 598 $ 1,024 $ — $ (31) $ 3,082 EMEA (1) 604 390 406 232 (21) 1,611 Asia Pacific 190 338 157 — (10) 675 Total segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 232 $ (62) $ 5,368 (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 49% and 50% of consolidated net revenues for the three months ended September 30, 2021 and 2020, respectively. The Company’s net revenues in the United Kingdom (“U.K.”) were 10% and 9% of consolidated net revenues for the three months ended September 30, 2021 and 2020, respectively. No other country’s net revenues exceeded 10% of consolidated net revenues for either the three months ended September 30, 2021 or 2020. The Company’s net revenues in the U.S. were 50% of consolidated net revenues for both the nine months ended September 30, 2021 and 2020. The Company’s net revenues in the U.K. were 10% of consolidated net revenues for both the nine months ended September 30, 2021 and 2020. No other country’s net revenues exceeded 10% of consolidated net revenues for either the nine months ended September 30, 2021 or 2020. Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the three months ended September 30, 2021 and 2020, were as follows (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 480 $ 43 $ — $ — $ — $ 523 PC 140 434 19 — (15) 578 Mobile and ancillary (1) 166 22 632 — — 820 Other (2) 8 33 — 108 — 149 Total consolidated net revenues $ 794 $ 532 $ 651 $ 108 $ (15) $ 2,070 Change in deferred revenues: Console $ (119) $ 5 $ — $ — $ — $ (114) PC (33) (47) — — — (80) Mobile and ancillary (1) (1) 3 1 — — 3 Other (2) — — — 1 — 1 Total change in deferred revenues $ (153) $ (39) $ 1 $ 1 $ — $ (190) Segment net revenues: Console $ 361 $ 48 $ — $ — $ — $ 409 PC 107 387 19 — (15) 498 Mobile and ancillary (1) 165 25 633 — — 823 Other (2) 8 33 — 109 — 150 Total segment net revenues $ 641 $ 493 $ 652 $ 109 $ (15) $ 1,880 Three Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 664 $ 31 $ — $ — $ — $ 695 PC 152 357 23 — (18) 514 Mobile and ancillary (1) 120 24 517 — — 661 Other (2) 8 11 — 65 — 84 Total consolidated net revenues $ 944 $ 423 $ 540 $ 65 $ (18) $ 1,954 Change in deferred revenues: Console $ (125) $ (4) $ — $ — $ — $ (129) PC (35) (9) (1) — — (45) Mobile and ancillary (1) (11) 1 (3) — — (13) Other (2) — — — — — — Total change in deferred revenues $ (171) $ (12) $ (4) $ — $ — $ (187) Segment net revenues: Console $ 539 $ 27 $ — $ — $ — $ 566 PC 117 348 22 — (18) 469 Mobile and ancillary (1) 109 25 514 — — 648 Other (2) 8 11 — 65 — 84 Total segment net revenues $ 773 $ 411 $ 536 $ 65 $ (18) $ 1,767 Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,971 $ 90 $ — $ — $ — $ 2,061 PC 532 1,293 64 — (62) 1,827 Mobile and ancillary (1) 456 63 1,830 — — 2,349 Other (2) 38 71 — 294 — 403 Total consolidated net revenues $ 2,997 $ 1,517 $ 1,894 $ 294 $ (62) $ 6,640 Change in deferred revenues: Console $ (530) $ — $ — $ — $ — $ (530) PC (145) (108) — — — (253) Mobile and ancillary (1) (1) — 2 — — 1 Other (2) — — — 9 — 9 Total change in deferred revenues $ (676) $ (108) $ 2 $ 9 $ — $ (773) Segment net revenues: Console $ 1,441 $ 90 $ — $ — $ — $ 1,531 PC 387 1,185 64 — (62) 1,574 Mobile and ancillary (1) 455 63 1,832 — — 2,350 Other (2) 38 71 — 303 — 412 Total segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 303 $ (62) $ 5,867 Nine Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,855 $ 89 $ — $ — $ — $ 1,944 PC 423 1,060 73 — (62) 1,494 Mobile and ancillary (1) 261 77 1,515 — — 1,853 Other (2) 55 87 — 241 — 383 Total consolidated net revenues $ 2,594 $ 1,313 $ 1,588 $ 241 $ (62) $ 5,674 Change in deferred revenues: Console $ (295) $ (6) $ — $ — $ — $ (301) PC (50) 24 (1) — — (27) Mobile and ancillary (1) 36 (4) — — — 32 Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (309) $ 13 $ (1) $ (9) $ — $ (306) Segment net revenues: Console $ 1,560 $ 83 $ — $ — $ — $ 1,643 PC 373 1,084 72 — (62) 1,467 Mobile and ancillary (1) 297 73 1,515 — — 1,885 Other (2) 55 86 — 232 — 373 Total segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 232 $ (62) $ 5,368 (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” primarily includes 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 September 30, 2021 At December 31, 2020 Long-lived assets* by geographic region: Americas $ 273 $ 270 EMEA 131 166 Asia Pacific 17 17 Total long-lived assets by geographic region $ 421 $ 453 * 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 lease right-of-use assets. All other long-term assets are not allocated by location.

Share-Based Payments

Share-Based Payments	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Share-Based Payments	Share-Based Payments Fair Value Assumptions Valuation of Stock Options The fair value of stock options granted are principally estimated using a binomial-lattice model. The inputs in our binomial-lattice model include expected stock price volatility, risk-free interest rate, dividend yield, contractual term, and vesting schedule, as well as measures of employees’ cancellation, exercise, and post-vesting termination behavior. Valuation of Restricted Stock Units (“RSUs”) The fair value of the Company’s RSU awards granted are generally based upon the closing price of the Company’s common stock on the date of grant reduced by the present value of dividends expected to be paid on our common stock prior to vesting. We also grant market-based RSU awards, from time to time, the fair value of which is determined using a Monte Carlo simulation. Such market-based RSU awards include performance conditions based on our own stock price and may also include performance conditions that compare our stock price performance to an index, such as the S&P 500 Total Shareholder Return index. The valuation assumptions utilized in the Monte Carlo model are generally consistent with the inputs discussed in the valuation of stock options above. Accuracy of Fair Value Estimates We developed the assumptions used in the models above, including measures of employees’ exercise and post-vesting termination behavior. Our ability to accurately estimate the fair value of share-based payment awards at the grant date depends upon the accuracy of the model and our ability to accurately forecast model inputs for as long as 10 years into the future. Although the fair value of employee stock options is determined using an option-pricing model, the estimates that are produced by this model may not be indicative of the fair value observed between a willing buyer and a willing seller as there are not current active markets for the trading of employee stock options and other share-based instruments. Stock Option Activity Stock option activity is as follows: Number of shares (in thousands) Weighted-average Weighted-average Aggregate Outstanding stock options at December 31, 2020 11,297 $ 53.84 Granted 754 92.56 Exercised (1,677) 46.27 Forfeited (700) 63.58 Expired (18) 56.58 Outstanding stock options at September 30, 2021 9,656 $ 57.47 7.18 $ 211 Vested and expected to vest at September 30, 2021 9,260 $ 56.62 7.10 $ 208 Exercisable at September 30, 2021 5,015 $ 45.46 6.00 $ 160 The aggregate intrinsic value in the table above represents the total pretax intrinsic value (i.e., the difference between our closing stock price on the last trading day of the period and the exercise price, times the number of shares for options where the closing stock price is greater than the exercise price) that would have been received by the option holders had all option holders exercised their options on that date. This amount changes based on the market value of our stock. At September 30, 2021, $44 million of total unrecognized compensation cost related to stock options is expected to be recognized over a weighted-average period of 1.10 years. RSU Activity We grant RSUs, which represent the right to receive shares of our common stock. Vesting for RSUs is generally contingent upon the holder’s continued employment with us and may be subject to other conditions (which may include the satisfaction of a performance measure). Also, certain of our performance-based RSUs, including those that are market-based, include a range of shares that may be released at vesting, which are above or below the targeted number of RSUs based on actual performance relative to the performance measure. If the vesting conditions are not met, unvested RSUs will be forfeited. Upon vesting of the RSUs, we may withhold shares otherwise deliverable to satisfy tax withholding requirements. The following table summarizes our RSU activity with performance-based RSUs, including those with market conditions, presented at 100% of the target level shares that may potentially vest (amounts in thousands, except per share data): Number of shares Weighted- Unvested RSUs at December 31, 2020 7,102 $ 82.50 Granted 4,657 95.05 Vested (3,177) 96.63 Forfeited (1,085) 72.94 Unvested RSUs at September 30, 2021 7,497 $ 86.71 At September 30, 2021, approximately $351 million of total unrecognized compensation cost was related to RSUs and is expected to be recognized over a weighted-average period of 1.56 years. Of the total unrecognized compensation cost, $108 million was related to performance-based RSUs, which is expected to be recognized over a weighted-average period of 1.20 years.

Restructuring

Restructuring	9 Months Ended
	Sep. 30, 2021
Restructuring and Related Activities [Abstract]
Restructuring	Restructuring During 2019, we began implementing a 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 sponsorship 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. To date, substantially all actions under our plan have been accrued for, with remaining activity primarily being related to cash outlays to be made to impacted personnel. The following table summarizes accrued restructuring and related costs included in “Accrued expenses and other liabilities” 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, 2020 $ 88 $ — $ 3 $ 91 Costs charged to expense 24 1 2 27 Cash payments (9) — (1) (10) Non-cash charge adjustment (2) (1) (1) (4) Balance at March 31, 2021 $ 101 $ — $ 3 $ 104 Costs charged to expense 3 12 2 17 Cash payments (11) — (2) (13) Non-cash charge adjustment — (12) — (12) Balance at June 30, 2021 $ 93 $ — $ 3 $ 96 Costs charged to expense 1 2 1 4 Cash payments (17) — (1) (18) Non-cash charge adjustment (1) (2) — (3) Balance at September 30, 2021 $ 76 $ — $ 3 $ 79 Cumulative charges incurred through September 30, 2021 $ 180 $ 50 $ 37 $ 267 Total restructuring and related costs by segment are (amounts in millions): Three Months Ended September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Activision $ — $ 1 $ 1 $ 5 Blizzard 4 7 42 30 King — 1 1 (1) Other segments (1) — — 4 2 Total $ 4 $ 9 $ 48 $ 36 (1) Includes charges outside of our reportable segments, including charges for our corporate and administrative functions. During the three and nine months ended September 30, 2021 and 2020, we incurred additional restructuring charges and adjustments that are not included in the plan discussed above. Such amounts were not material. We have substantially completed our accruals for all actions under the plan. The charges associated with the plan primarily relate to severance and employee-related costs (approximately 65% of the aggregate charge), facilities and related costs (approximately 20% of the aggregate charge), and other costs (approximately 15% of the aggregate charge), including charges for restructuring-related fees and the write-down of assets. A substantial majority (approximately 75%) of the total pre-tax charge associated with the restructuring is expected to be paid in cash using amounts on hand, and such cash outlays are largely expected to be completed within the next 12 months. We do not expect to realize significant net savings in our total operating expenses as a result of our plan, as cost reductions in our selling, general, and administrative activities are expected to be offset by increased investment in product development. The total charges incurred through September 30, 2021, and total expected pre-tax restructuring charges related to the plan, by segment, inclusive of amounts already incurred and inclusive of certain inventory write-downs in prior years, are presented below (amounts in millions): Total charges incurred through September 30, 2021 Total charges expected as of September 30, 2021 Activision $ 33 $ 33 Blizzard 186 187 King 20 20 Other segments (1) 33 35 Total $ 272 $ 275 (1) Includes charges outside of our reportable segments, including charges for our corporate and administrative functions.

Interest and Other Expense (Inc

Interest and Other Expense (Income), Net	9 Months Ended
	Sep. 30, 2021
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 September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Interest income $ (1) $ (1) $ (4) $ (20) Interest expense from debt and amortization of debt discount and deferred financing costs 27 27 81 72 Realized and unrealized loss (gain) on equity investment ( Note 6 ) 36 (3) (35) (3) Other expense (income), net 3 2 10 6 Interest and other expense (income), net $ 65 $ 25 $ 52 $ 55

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2021
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 $120 million for the three months ended September 30, 2021, reflects an effective tax rate of 16%, which is comparable to the effective tax rate of 16% for the three months ended September 30, 2020 due to lower U.S. taxes on foreign earnings in the current year offset by the impact of discrete tax benefits from remeasurement of deferred tax assets in the prior year period. The income tax expense of $391 million for the nine months ended September 30, 2021, reflects an effective tax rate of 15%, which is lower than the effective tax rate of 18% for the nine months ended September 30, 2020. The decrease is primarily due to lower U.S. taxes on foreign earnings. The effective tax rates of 16% and 15% for the three and nine months ended September 30, 2021, respectively, are lower than the U.S. statutory rate of 21%, primarily due to lower U.S. taxes on foreign earnings and the recognition of excess tax benefits from share-based payments. In addition, a discrete tax benefit was recognized from the remeasurement of a deferred tax asset as a result of a change in the U.K. tax rate for the nine months ended September 30, 2021. 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 2019 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 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.

Computation of Basic_Diluted Ea

Computation of Basic/Diluted Earnings Per Common Share	9 Months Ended
	Sep. 30, 2021
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 September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Numerator: Consolidated net income $ 639 $ 604 $ 2,135 $ 1,688 Denominator: Denominator for basic earnings per common share—weighted-average common shares outstanding 778 772 777 771 Effect of dilutive stock options and awards under the treasury stock method 5 7 7 6 Denominator for diluted earnings per common share—weighted-average common shares outstanding plus dilutive common shares under the treasury stock method 783 779 784 777 Basic earnings per common share $ 0.82 $ 0.78 $ 2.75 $ 2.19 Diluted earnings per common share $ 0.82 $ 0.78 $ 2.72 $ 2.17 The vesting of certain of our employee-related restricted stock units is contingent upon the satisfaction of predefined 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 September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Restricted stock units with performance measures not yet met 3 3 3 2 Anti-dilutive employee stock options 2 — 2 1

Capital Transactions

Capital Transactions	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Capital Transactions	Capital Transactions Repurchase Programs On January 27, 2021, our Board of Directors authorized a stock repurchase program under which we are authorized to repurchase up to $4 billion of our common stock during the two-year period from February 14, 2021 until the earlier of February 13, 2023 and a determination by the Board of Directors to discontinue the repurchase program. As of September 30, 2021, we had not repurchased any shares under this program. Dividends On February 4, 2021, our Board of Directors declared a cash dividend of $0.47 per common share. On May 6, 2021, we made an aggregate cash dividend payment of $365 million to shareholders of record at the close of business on April 15, 2021. 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.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2021
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, 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. We are also party to the proceedings set forth below. Pending EEOC Settlement In September 2021, we entered into a proposed consent decree with the U.S. Equal Employment Opportunity Commission (“ EEOC”) to settle claims regarding certain employment practices. The consent decree is subject to approval by the United States District Court, Central District of California, and, among other things, provides for the creation of an $18 million settlement fund for eligible claimants; upgrading Company policies, practices, and training to further prevent and eliminate harassment and discrimination in its workplaces, including implementing an expanded performance review system with a new equal opportunity focus; and providing ongoing oversight and review of the Company’s training programs, investigation policies, disciplinary framework and compliance by appointing a third-party equal opportunity consultant whose findings will be regularly reported to our Board of Directors as well as the EEOC. The California Department of Fair Employment and Housing (“DFEH”) has filed a motion to intervene in the matter, seeking to object to the consent decree, including the amount of the settlement fund, and that motion is pending. There can be no assurance that the consent decree will be approved by the Court. Other Pending Employment-Related Matters On July 20, 2021, the DFEH filed a complaint (“DFEH Complaint”) in the Los Angeles County Superior Court of the State of California against Activision Blizzard, Blizzard Entertainment and Activision Publishing alleging violations of the California Fair Employment and Housing Act and the California Equal Pay Act. On August 3, 2021, a putative class action was filed in the United States District Court, Central District of California, entitled Gary Cheng v. Activision Blizzard, Inc., et al. , Case No. 2:21-cv-06240-PA-JEM. Plaintiff purports to represent a class of Activision shareholders who purchased stock between August 4, 2016 and July 27, 2021, and asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 against the Company and three current or former officers. Beginning on August 6, 2021, three putative shareholder derivative actions were filed in California Superior Court, County of Los Angeles, and those cases have now been consolidated in an action entitled York County on Behalf of County of York Retirement Fund v. Robert A. Kotick, et al. , Case No. 21STCV28949. The actions assert claims on the Company’s behalf against eleven current or former officers and directors for breach of fiduciary duty, corporate waste and unjust enrichment based on allegations similar to those in the DFEH Complaint and in the securities class action. The Company is named as a nominal defendant. The Company is cooperating with an investigation by the U.S. Securities and Exchange Commission (“SEC”) regarding disclosures on employment matters and related issues including responding to a subpoena from the SEC. The SEC has also issued subpoenas to a number of current and former executives and other employees in connection with this matter. We are unable to predict the impact of the above matters on our business, financial condition, results of operations, or liquidity at this time.

Description of Business and B_2

Description of Business and Basis of Consolidation and Presentation (Policies)	9 Months Ended
	Sep. 30, 2021
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, 2020. 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 and the ongoing recovery, involves additional uncertainty. While there was no material impact to our estimates in the current period, in future periods, facts and circumstances 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 Simplifying the Accounting for Income Taxes In December 2019, the Financial Accounting Standards Board (“FASB”) issued new guidance, which is intended to simplify various aspects associated with the accounting for income taxes by removing certain exceptions to the general principles in Topic 740 for 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. Generally, the guidance 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. On January 1, 2021, we adopted this new accounting standard and applied the topics in the manner required by the standard. The adoption of this standard did not have a material impact on our condensed consolidated financial statements.

Software Development and Inte_2

Software Development and Intellectual Property Licenses (Tables)	9 Months Ended
	Sep. 30, 2021
Software Development Costs and Intellectual Property Licenses
Schedule of Amortization of 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 September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Amortization of capitalized software development costs and intellectual property licenses $ 71 $ 37 $ 270 $ 149

Intangible Assets, Net (Tables)

Intangible Assets, Net (Tables)	9 Months Ended
	Sep. 30, 2021
Intangible Assets, Net (Excluding Goodwill) [Abstract]
Schedule of Finite-lived Intangible Assets	Intangible assets, net, consist of the following (amounts in millions): At September 30, 2021 Estimated Gross Accumulated Net Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,154) $ — Trade names and other 1 - 10 years 80 (64) 16 Total definite-lived intangible assets (1) $ 1,234 $ (1,218) $ 16 Acquired indefinite-lived intangible assets: Activision trademark Indefinite $ 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 449 (1) Beginning with the first quarter of 2021, the balances of the developed software intangible assets have been removed as such amounts were fully amortized in the prior year. At December 31, 2020 Estimated Gross Accumulated Net carrying Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,151) $ 3 Developed software 2 - 5 years 601 (601) — Trade names and other 1 - 10 years 73 (58) 15 Total definite-lived intangible assets $ 1,828 $ (1,810) $ 18 Acquired indefinite-lived intangible assets: Activision trademark Indefinite $ 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 451
Schedule of Indefinite-lived Intangible Assets	Intangible assets, net, consist of the following (amounts in millions): At September 30, 2021 Estimated Gross Accumulated Net Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,154) $ — Trade names and other 1 - 10 years 80 (64) 16 Total definite-lived intangible assets (1) $ 1,234 $ (1,218) $ 16 Acquired indefinite-lived intangible assets: Activision trademark Indefinite $ 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 449 (1) Beginning with the first quarter of 2021, the balances of the developed software intangible assets have been removed as such amounts were fully amortized in the prior year. At December 31, 2020 Estimated Gross Accumulated Net carrying Acquired definite-lived intangible assets: Internally-developed franchises 3 - 11 years $ 1,154 $ (1,151) $ 3 Developed software 2 - 5 years 601 (601) — Trade names and other 1 - 10 years 73 (58) 15 Total definite-lived intangible assets $ 1,828 $ (1,810) $ 18 Acquired indefinite-lived intangible assets: Activision trademark Indefinite $ 386 Acquired trade names Indefinite 47 Total indefinite-lived intangible assets $ 433 Total intangible assets, net $ 451

Goodwill (Tables)

Goodwill (Tables)	9 Months Ended
	Sep. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Changes in the Carrying Amount of Goodwill by Operating Segments	The carrying amount of goodwill by reportable segment at both September 30, 2021 and December 31, 2020, was as follows (amounts in millions): Activision Blizzard King Total Goodwill $ 6,899 $ 190 $ 2,676 $ 9,765

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Schedule of 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 September 30, 2021 Using As of September 30, 2021 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Financial Assets: Recurring fair value measurements: Money market funds $ 9,422 $ 9,422 $ — $ — Cash and cash equivalents Foreign government treasury bills 29 29 — — Cash and cash equivalents U.S. treasuries and government agency securities 224 224 — — Other current assets Equity securities 58 58 — — Other current assets Foreign currency forward contracts designated as hedges 15 — 15 — Other current assets & Other assets Foreign currency forward contracts not designated as hedges 6 — 6 — Other current assets Total $ 9,754 $ 9,733 $ 21 $ — Financial Liabilities: Foreign currency forward contracts designated as hedges $ (3) $ — $ (3) $ — Accrued expenses and other liabilities Fair Value Measurements at December 31, 2020 Using As of December 31, 2020 Quoted Prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Balance Sheet Financial Assets: Recurring fair value measurements: Money market funds $ 8,345 $ 8,345 $ — $ — Cash and cash equivalents Foreign government treasury bills 34 34 — — Cash and cash equivalents U.S. treasuries and government agency securities 164 164 — — Other current assets Total $ 8,543 $ 8,543 $ — $ — Financial Liabilities: Foreign currency forward contracts not designated as hedges $ (2) $ — $ (2) $ — Accrued expenses and other liabilities Foreign currency forward contracts designated as hedges (24) — (24) — Accrued expenses and other liabilities Total $ (26) $ — $ (26) $ —
Schedule of Foreign Currency Forward Contracts	The total gross notional amounts and fair values of our Cash Flow Hedges, all of which had remaining maturities of 14 months or less as of September 30, 2021, are as follows (amounts in millions): As of September 30, 2021 As of December 31, 2020 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell EUR $ 700 $ 12 $ 542 $ (24) 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 September 30, 2021 As of December 31, 2020 Notional amount Fair value gain (loss) Notional amount Fair value gain (loss) Foreign Currency: Buy USD, Sell EUR $ 68 $ 3 $ — $ — Buy USD, Sell GBP $ 144 $ 3 $ 116 $ (2)

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2021
Debt Disclosure [Abstract]
Schedule of Summary of Debt	As of September 30, 2021 and December 31, 2020, we had $3.7 billion of gross unsecured senior notes outstanding. A summary of our outstanding unsecured senior notes is as follows (amounts in millions): At September 30, 2021 At December 31, 2020 Unsecured Senior Notes Interest Rate Semi-Annual Interest Payments Due On Maturity Principal Fair Value Principal Fair Value 2026 Notes 3.40% Mar. 15 & Sept. 15 Sept. 2026 $ 850 $ 927 $ 850 $ 970 2027 Notes 3.40% Jun. 15 & Dec. 15 Jun. 2027 400 439 400 454 2030 Notes 1.35% Mar. 15 & Sept. 15 Sept. 2030 500 466 500 490 2047 Notes 4.50% Jun. 15 & Dec. 15 Jun. 2047 400 492 400 525 2050 Notes 2.50% Mar. 15 & Sept. 15 Sept. 2050 1,500 1,320 1,500 1,462 Total gross long-term debt $ 3,650 $ 3,650 Unamortized discount and deferred financing costs (43) (45) Total net carrying amount $ 3,607 $ 3,605

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	9 Months Ended
	Sep. 30, 2021
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 Nine Months Ended September 30, 2021 Foreign currency Unrealized gain (loss) Unrealized gain (loss) Total Balance at December 31, 2020 $ (589) $ (5) $ (28) $ (622) Other comprehensive income (loss) before reclassifications (8) — 27 19 Amounts reclassified from accumulated other comprehensive income (loss) into earnings — 3 13 16 Balance at September 30, 2021 $ (597) $ (2) $ 12 $ (587) For the Nine Months Ended September 30, 2020 Foreign currency Unrealized gain (loss) Unrealized gain (loss) Total Balance at December 31, 2019 $ (624) $ (3) $ 8 $ (619) Other comprehensive income (loss) before reclassifications 13 — (19) (6) Amounts reclassified from accumulated other comprehensive income (loss) into earnings (2) 1 (7) (8) Balance at September 30, 2020 $ (613) $ (2) $ (18) $ (633)

Operating Segments and Geogra_2

Operating Segments and Geographic Regions (Tables)	9 Months Ended
	Sep. 30, 2021
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 September 30, 2021 and 2020, are presented below (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 641 $ 478 $ 652 $ 1,771 Intersegment net revenues (1) — 15 — 15 Segment net revenues $ 641 $ 493 $ 652 $ 1,786 Segment operating income $ 244 $ 188 $ 303 $ 735 Three Months Ended September 30, 2020 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 773 $ 393 $ 536 $ 1,702 Intersegment net revenues (1) — 18 — 18 Segment net revenues $ 773 $ 411 $ 536 $ 1,720 Segment operating income $ 345 $ 133 $ 248 $ 726 Information on reportable segment net revenues and operating income for the nine months ended September 30, 2021 and 2020, are presented below (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 2,321 $ 1,347 $ 1,896 $ 5,564 Intersegment net revenues (1) — 62 — 62 Segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 5,626 Segment operating income $ 1,049 $ 537 $ 755 $ 2,341 Nine Months Ended September 30, 2020 Activision Blizzard King Total Segment Revenues Net revenues from external customers $ 2,285 $ 1,264 $ 1,587 $ 5,136 Intersegment net revenues (1) — 62 — 62 Segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 5,198 Segment operating income $ 1,088 $ 533 $ 615 $ 2,236 (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 September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Reconciliation to consolidated net revenues: Segment net revenues $ 1,786 $ 1,720 $ 5,626 $ 5,198 Revenues from non-reportable segments (1) 109 65 303 232 Net effect from recognition (deferral) of deferred net revenues (2) 190 187 773 306 Elimination of intersegment revenues (3) (15) (18) (62) (62) Consolidated net revenues $ 2,070 $ 1,954 $ 6,640 $ 5,674 Reconciliation to consolidated income before income tax expense: Segment operating income $ 735 $ 726 $ 2,341 $ 2,236 Operating income (loss) from non-reportable segments (1) 4 (20) (12) (27) Net effect from recognition (deferral) of deferred net revenues and related cost of revenues (2) 154 150 562 169 Share-based compensation expense (64) (53) (259) (138) Amortization of intangible assets (2) (16) (8) (62) Restructuring and related costs ( Note 12 ) (3) (9) (46) (39) Consolidated operating income 824 778 2,578 2,139 Interest and other expense (income), net 65 25 52 55 Loss on extinguishment of debt — 31 — 31 Consolidated income before income tax expense $ 759 $ 722 $ 2,526 $ 2,053 (1) Includes other income and expenses outside of our reportable segments, including our Distribution business and 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.
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 September 30, 2021 and 2020, were as follows (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 723 $ 493 $ 651 $ — $ (15) $ 1,852 Retail channels 63 6 — — — 69 Other (2) 8 33 — 108 — 149 Total consolidated net revenues $ 794 $ 532 $ 651 $ 108 $ (15) $ 2,070 Change in deferred revenues: Digital online channels (1) $ (128) $ (37) $ 1 $ — $ — $ (164) Retail channels (25) (2) — — — (27) Other (2) — — — 1 — 1 Total change in deferred revenues $ (153) $ (39) $ 1 $ 1 $ — $ (190) Segment net revenues: Digital online channels (1) $ 595 $ 456 $ 652 $ — $ (15) $ 1,688 Retail channels 38 4 — — — 42 Other (2) 8 33 — 109 — 150 Total segment net revenues $ 641 $ 493 $ 652 $ 109 $ (15) $ 1,880 Three Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 826 $ 405 $ 540 $ — $ (18) $ 1,753 Retail channels 110 7 — — — 117 Other (2) 8 11 — 65 — 84 Total consolidated net revenues $ 944 $ 423 $ 540 $ 65 $ (18) $ 1,954 Change in deferred revenues: Digital online channels (1) $ (130) $ (14) $ (4) $ — $ — $ (148) Retail channels (41) 2 — — — (39) Other (2) — — — — — — Total change in deferred revenues $ (171) $ (12) $ (4) $ — $ — $ (187) Segment net revenues: Digital online channels (1) $ 696 $ 391 $ 536 $ — $ (18) $ 1,605 Retail channels 69 9 — — — 78 Other (2) 8 11 — 65 — 84 Total segment net revenues $ 773 $ 411 $ 536 $ 65 $ (18) $ 1,767 Net revenues by distribution channel, including a reconciliation to each of our reportable segment’s revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 2,625 $ 1,426 $ 1,894 $ — $ (62) $ 5,883 Retail channels 334 20 — — — 354 Other (2) 38 71 — 294 — 403 Total consolidated net revenues $ 2,997 $ 1,517 $ 1,894 $ 294 $ (62) $ 6,640 Change in deferred revenues: Digital online channels (1) $ (491) $ (101) $ 2 $ — $ — $ (590) Retail channels (185) (7) — — — (192) Other (2) — — — 9 — 9 Total change in deferred revenues $ (676) $ (108) $ 2 $ 9 $ — $ (773) Segment net revenues: Digital online channels (1) $ 2,134 $ 1,325 $ 1,896 $ — $ (62) $ 5,293 Retail channels 149 13 — — — 162 Other (2) 38 71 — 303 — 412 Total segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 303 $ (62) $ 5,867 Nine Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by distribution channel: Digital online channels (1) $ 2,054 $ 1,203 $ 1,587 $ — $ (62) $ 4,782 Retail channels 485 23 1 — — 509 Other (2) 55 87 — 241 — 383 Total consolidated net revenues $ 2,594 $ 1,313 $ 1,588 $ 241 $ (62) $ 5,674 Change in deferred revenues: Digital online channels (1) $ (16) $ 16 $ (1) $ — $ — $ (1) Retail channels (293) (2) — — — (295) Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (309) $ 13 $ (1) $ (9) $ — $ (306) Segment net revenues: Digital online channels (1) $ 2,038 $ 1,219 $ 1,586 $ — $ (62) $ 4,781 Retail channels 192 21 1 — — 214 Other (2) 55 86 — 232 — 373 Total segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 232 $ (62) $ 5,368 (1) Net revenues from “Digital online channels” include revenues from digitally-distributed downloadable content, microtransactions, subscriptions, 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 from External Customers 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 September 30, 2021 and 2020, were as follows (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 515 $ 243 $ 417 $ — $ (9) $ 1,166 EMEA (1) 187 166 163 108 (5) 619 Asia Pacific 92 123 71 — (1) 285 Total consolidated net revenues $ 794 $ 532 $ 651 $ 108 $ (15) $ 2,070 Change in deferred revenues: Americas $ (110) $ (27) $ 1 $ — $ — $ (136) EMEA (1) (42) (22) — 1 — (63) Asia Pacific (1) 10 — — — 9 Total change in deferred revenues $ (153) $ (39) $ 1 $ 1 $ — $ (190) Segment net revenues: Americas $ 405 $ 216 $ 418 $ — $ (9) $ 1,030 EMEA (1) 145 144 163 109 (5) 556 Asia Pacific 91 133 71 — (1) 294 Total segment net revenues $ 641 $ 493 $ 652 $ 109 $ (15) $ 1,880 Three Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 595 $ 192 $ 350 $ — $ (10) $ 1,127 EMEA (1) 263 131 136 65 (6) 589 Asia Pacific 86 100 54 — (2) 238 Total consolidated net revenues $ 944 $ 423 $ 540 $ 65 $ (18) $ 1,954 Change in deferred revenues: Americas $ (77) $ (4) $ (4) $ — $ (1) $ (86) EMEA (1) (68) (8) — — 1 (75) Asia Pacific (26) — — — — (26) Total change in deferred revenues $ (171) $ (12) $ (4) $ — $ — $ (187) Segment net revenues: Americas $ 518 $ 188 $ 346 $ — $ (11) $ 1,041 EMEA (1) 195 123 136 65 (5) 514 Asia Pacific 60 100 54 — (2) 212 Total segment net revenues $ 773 $ 411 $ 536 $ 65 $ (18) $ 1,767 Net revenues by geographic region, including a reconciliation to each of our reportable segment’s net revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 1,942 $ 698 $ 1,215 $ — $ (36) $ 3,819 EMEA (1) 780 507 485 294 (21) 2,045 Asia Pacific 275 312 194 — (5) 776 Total consolidated net revenues $ 2,997 $ 1,517 $ 1,894 $ 294 $ (62) $ 6,640 Change in deferred revenues: Americas $ (420) $ (57) $ 2 $ — $ — $ (475) EMEA (1) (213) (55) (1) 9 — (260) Asia Pacific (43) 4 1 — — (38) Total change in deferred revenues $ (676) $ (108) $ 2 $ 9 $ — $ (773) Segment net revenues: Americas $ 1,522 $ 641 $ 1,217 $ — $ (36) $ 3,344 EMEA (1) 567 452 484 303 (21) 1,785 Asia Pacific 232 316 195 — (5) 738 Total segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 303 $ (62) $ 5,867 Nine Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (2) Total Net revenues by geographic region: Americas $ 1,615 $ 580 $ 1,024 $ — $ (31) $ 3,188 EMEA (1) 750 393 407 241 (21) 1,770 Asia Pacific 229 340 157 — (10) 716 Total consolidated net revenues $ 2,594 $ 1,313 $ 1,588 $ 241 $ (62) $ 5,674 Change in deferred revenues: Americas $ (124) $ 18 $ — $ — $ — $ (106) EMEA (1) (146) (3) (1) (9) — (159) Asia Pacific (39) (2) — — — (41) Total change in deferred revenues $ (309) $ 13 $ (1) $ (9) $ — $ (306) Segment net revenues: Americas $ 1,491 $ 598 $ 1,024 $ — $ (31) $ 3,082 EMEA (1) 604 390 406 232 (21) 1,611 Asia Pacific 190 338 157 — (10) 675 Total segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 232 $ (62) $ 5,368 (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 September 30, 2021 and 2020, were as follows (amounts in millions): Three Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 480 $ 43 $ — $ — $ — $ 523 PC 140 434 19 — (15) 578 Mobile and ancillary (1) 166 22 632 — — 820 Other (2) 8 33 — 108 — 149 Total consolidated net revenues $ 794 $ 532 $ 651 $ 108 $ (15) $ 2,070 Change in deferred revenues: Console $ (119) $ 5 $ — $ — $ — $ (114) PC (33) (47) — — — (80) Mobile and ancillary (1) (1) 3 1 — — 3 Other (2) — — — 1 — 1 Total change in deferred revenues $ (153) $ (39) $ 1 $ 1 $ — $ (190) Segment net revenues: Console $ 361 $ 48 $ — $ — $ — $ 409 PC 107 387 19 — (15) 498 Mobile and ancillary (1) 165 25 633 — — 823 Other (2) 8 33 — 109 — 150 Total segment net revenues $ 641 $ 493 $ 652 $ 109 $ (15) $ 1,880 Three Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 664 $ 31 $ — $ — $ — $ 695 PC 152 357 23 — (18) 514 Mobile and ancillary (1) 120 24 517 — — 661 Other (2) 8 11 — 65 — 84 Total consolidated net revenues $ 944 $ 423 $ 540 $ 65 $ (18) $ 1,954 Change in deferred revenues: Console $ (125) $ (4) $ — $ — $ — $ (129) PC (35) (9) (1) — — (45) Mobile and ancillary (1) (11) 1 (3) — — (13) Other (2) — — — — — — Total change in deferred revenues $ (171) $ (12) $ (4) $ — $ — $ (187) Segment net revenues: Console $ 539 $ 27 $ — $ — $ — $ 566 PC 117 348 22 — (18) 469 Mobile and ancillary (1) 109 25 514 — — 648 Other (2) 8 11 — 65 — 84 Total segment net revenues $ 773 $ 411 $ 536 $ 65 $ (18) $ 1,767 Net revenues by platform, including a reconciliation to each of our reportable segment’s net revenues, for the nine months ended September 30, 2021 and 2020, were as follows (amounts in millions): Nine Months Ended September 30, 2021 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,971 $ 90 $ — $ — $ — $ 2,061 PC 532 1,293 64 — (62) 1,827 Mobile and ancillary (1) 456 63 1,830 — — 2,349 Other (2) 38 71 — 294 — 403 Total consolidated net revenues $ 2,997 $ 1,517 $ 1,894 $ 294 $ (62) $ 6,640 Change in deferred revenues: Console $ (530) $ — $ — $ — $ — $ (530) PC (145) (108) — — — (253) Mobile and ancillary (1) (1) — 2 — — 1 Other (2) — — — 9 — 9 Total change in deferred revenues $ (676) $ (108) $ 2 $ 9 $ — $ (773) Segment net revenues: Console $ 1,441 $ 90 $ — $ — $ — $ 1,531 PC 387 1,185 64 — (62) 1,574 Mobile and ancillary (1) 455 63 1,832 — — 2,350 Other (2) 38 71 — 303 — 412 Total segment net revenues $ 2,321 $ 1,409 $ 1,896 $ 303 $ (62) $ 5,867 Nine Months Ended September 30, 2020 Activision Blizzard King Non-reportable segments Elimination of intersegment revenues (3) Total Net revenues by platform: Console $ 1,855 $ 89 $ — $ — $ — $ 1,944 PC 423 1,060 73 — (62) 1,494 Mobile and ancillary (1) 261 77 1,515 — — 1,853 Other (2) 55 87 — 241 — 383 Total consolidated net revenues $ 2,594 $ 1,313 $ 1,588 $ 241 $ (62) $ 5,674 Change in deferred revenues: Console $ (295) $ (6) $ — $ — $ — $ (301) PC (50) 24 (1) — — (27) Mobile and ancillary (1) 36 (4) — — — 32 Other (2) — (1) — (9) — (10) Total change in deferred revenues $ (309) $ 13 $ (1) $ (9) $ — $ (306) Segment net revenues: Console $ 1,560 $ 83 $ — $ — $ — $ 1,643 PC 373 1,084 72 — (62) 1,467 Mobile and ancillary (1) 297 73 1,515 — — 1,885 Other (2) 55 86 — 232 — 373 Total segment net revenues $ 2,285 $ 1,326 $ 1,587 $ 232 $ (62) $ 5,368 (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” primarily includes 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 September 30, 2021 At December 31, 2020 Long-lived assets* by geographic region: Americas $ 273 $ 270 EMEA 131 166 Asia Pacific 17 17 Total long-lived assets by geographic region $ 421 $ 453 * 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 lease right-of-use assets. All other long-term assets are not allocated by location.

Share-Based Payments (Tables)

Share-Based Payments (Tables)	9 Months Ended
	Sep. 30, 2021
Share-based Payment Arrangement [Abstract]
Schedule of Stock Option Activity	Stock option activity is as follows: Number of shares (in thousands) Weighted-average Weighted-average Aggregate Outstanding stock options at December 31, 2020 11,297 $ 53.84 Granted 754 92.56 Exercised (1,677) 46.27 Forfeited (700) 63.58 Expired (18) 56.58 Outstanding stock options at September 30, 2021 9,656 $ 57.47 7.18 $ 211 Vested and expected to vest at September 30, 2021 9,260 $ 56.62 7.10 $ 208 Exercisable at September 30, 2021 5,015 $ 45.46 6.00 $ 160
Schedule of Restricted Stock Units Activity	The following table summarizes our RSU activity with performance-based RSUs, including those with market conditions, presented at 100% of the target level shares that may potentially vest (amounts in thousands, except per share data): Number of shares Weighted- Unvested RSUs at December 31, 2020 7,102 $ 82.50 Granted 4,657 95.05 Vested (3,177) 96.63 Forfeited (1,085) 72.94 Unvested RSUs at September 30, 2021 7,497 $ 86.71

Restructuring (Tables)

Restructuring (Tables)	9 Months Ended
	Sep. 30, 2021
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” 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, 2020 $ 88 $ — $ 3 $ 91 Costs charged to expense 24 1 2 27 Cash payments (9) — (1) (10) Non-cash charge adjustment (2) (1) (1) (4) Balance at March 31, 2021 $ 101 $ — $ 3 $ 104 Costs charged to expense 3 12 2 17 Cash payments (11) — (2) (13) Non-cash charge adjustment — (12) — (12) Balance at June 30, 2021 $ 93 $ — $ 3 $ 96 Costs charged to expense 1 2 1 4 Cash payments (17) — (1) (18) Non-cash charge adjustment (1) (2) — (3) Balance at September 30, 2021 $ 76 $ — $ 3 $ 79 Cumulative charges incurred through September 30, 2021 $ 180 $ 50 $ 37 $ 267
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 September 30, Nine Months Ended September 30, 2021 2020 2021 2020 Activision $ — $ 1 $ 1 $ 5 Blizzard 4 7 42 30 King — 1 1 (1) Other segments (1) — — 4 2 Total $ 4 $ 9 $ 48 $ 36 (1) Includes charges outside of our reportable segments, including charges for our corporate and administrative functions. The total charges incurred through September 30, 2021, and total expected pre-tax restructuring charges related to the plan, by segment, inclusive of amounts already incurred and inclusive of certain inventory write-downs in prior years, are presented below (amounts in millions): Total charges incurred through September 30, 2021 Total charges expected as of September 30, 2021 Activision $ 33 $ 33 Blizzard 186 187 King 20 20 Other segments (1) 33 35 Total $ 272 $ 275 (1) Includes charges outside of our reportable segments, including charges for our corporate and administrative functions.

Interest and Other Expense (I_2

Interest and Other Expense (Income), Net (Tables)	9 Months Ended
	Sep. 30, 2021
Other Income and Expenses [Abstract]
Schedule of Interest and Other Investment Expense (Income)	Interest and other expense (income), net is comprised of the following (amounts in millions): For the Three Months Ended September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Interest income $ (1) $ (1) $ (4) $ (20) Interest expense from debt and amortization of debt discount and deferred financing costs 27 27 81 72 Realized and unrealized loss (gain) on equity investment ( Note 6 ) 36 (3) (35) (3) Other expense (income), net 3 2 10 6 Interest and other expense (income), net $ 65 $ 25 $ 52 $ 55

Computation of Basic_Diluted _2

Computation of Basic/Diluted Earnings Per Common Share (Tables)	9 Months Ended
	Sep. 30, 2021
Earnings Per Share [Abstract]
Schedule of Computation of Basic and 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 September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Numerator: Consolidated net income $ 639 $ 604 $ 2,135 $ 1,688 Denominator: Denominator for basic earnings per common share—weighted-average common shares outstanding 778 772 777 771 Effect of dilutive stock options and awards under the treasury stock method 5 7 7 6 Denominator for diluted earnings per common share—weighted-average common shares outstanding plus dilutive common shares under the treasury stock method 783 779 784 777 Basic earnings per common share $ 0.82 $ 0.78 $ 2.75 $ 2.19 Diluted earnings per common share $ 0.82 $ 0.78 $ 2.72 $ 2.17
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 September 30, For the Nine Months Ended September 30, 2021 2020 2021 2020 Restricted stock units with performance measures not yet met 3 3 3 2 Anti-dilutive employee stock options 2 — 2 1

Description of Business and B_3

Description of Business and Basis of Consolidation and Presentation (Details)	9 Months Ended
	Sep. 30, 2021segment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of reportable segments	3

Software Development and Inte_3

Software Development and Intellectual Property Licenses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Software development and intellectual property licenses:
Software development costs	$ 576		$ 576		$ 512
Amortization:
Amortization of capitalized software development costs and intellectual property licenses	$ 71	$ 37	$ 270	$ 149

Intangible Assets, Net (Details

Intangible Assets, Net (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 1,234		$ 1,234		$ 1,828
Accumulated amortization	(1,218)		(1,218)		(1,810)
Net carrying amount	16		16		18
Acquired Indefinite-lived Intangible Assets [Line Items]
Total indefinite-lived intangible assets	433		433		433
Total intangible assets, net	449		449		451
Amortization expense disclosure
Amortization expense	2	$ 16	8	$ 62
Activision trademark
Acquired Indefinite-lived Intangible Assets [Line Items]
Total indefinite-lived intangible assets	386		386		386
Trade names and other
Acquired Indefinite-lived Intangible Assets [Line Items]
Total indefinite-lived intangible assets	47		47		47
Internally-developed franchises
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,154		1,154		1,154
Accumulated amortization	(1,154)		(1,154)		(1,151)
Net carrying amount	0		$ 0		$ 3
Internally-developed franchises | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful lives			3 years		3 years
Internally-developed franchises | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful lives			11 years		11 years
Developed software
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount					$ 601
Accumulated amortization					(601)
Net carrying amount					$ 0
Developed software | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful lives					2 years
Developed software | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful lives					5 years
Trade names and other
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	80		$ 80		$ 73
Accumulated amortization	(64)		(64)		(58)
Net carrying amount	$ 16		$ 16		$ 15
Trade names and other | Minimum
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful lives			1 year		1 year
Trade names and other | Maximum
Acquired Finite-Lived Intangible Assets [Line Items]
Estimated useful lives			10 years		10 years

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Goodwill [Line Items]
Goodwill	$ 9,765	$ 9,765
Activision
Goodwill [Line Items]
Goodwill	6,899	6,899
Blizzard
Goodwill [Line Items]
Goodwill	190	190
King
Goodwill [Line Items]
Goodwill	$ 2,676	$ 2,676

Fair Value Measurements - Recur

Fair Value Measurements - Recurring Basis (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		$ (26)
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		(26)
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		0
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	$ 9,754	8,543
Recurring | Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	9,733	8,543
Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	21	0
Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Recurring | Cash and cash equivalents | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	9,422	8,345
Recurring | Cash and cash equivalents | Foreign government treasury bills
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	29	34
Recurring | 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 and Nonrecurring Basis [Line Items]
Total assets at fair value	9,422	8,345
Recurring | 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 and Nonrecurring Basis [Line Items]
Total assets at fair value	29	34
Recurring | Cash and cash equivalents | Significant Other Observable Inputs (Level 2) | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Recurring | Cash and cash equivalents | Significant Other Observable Inputs (Level 2) | Foreign government treasury bills
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Recurring | Cash and cash equivalents | Significant Unobservable Inputs (Level 3) | Money market funds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Recurring | Cash and cash equivalents | Significant Unobservable Inputs (Level 3) | Foreign government treasury bills
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Recurring | Other current assets | U.S. treasuries and government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	224	164
Recurring | Other current assets | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	58
Recurring | Other current assets | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	6
Recurring | 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 and Nonrecurring Basis [Line Items]
Total assets at fair value	224	164
Recurring | Other current assets | Quoted Prices in Active Markets for Identical Assets (Level 1) | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	58
Recurring | Other current assets | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0
Recurring | Other current assets | Significant Other Observable Inputs (Level 2) | U.S. treasuries and government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Recurring | Other current assets | Significant Other Observable Inputs (Level 2) | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0
Recurring | Other current assets | Significant Other Observable Inputs (Level 2) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	6
Recurring | Other current assets | Significant Unobservable Inputs (Level 3) | U.S. treasuries and government agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0	0
Recurring | Other current assets | Significant Unobservable Inputs (Level 3) | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0
Recurring | Other current assets | Significant Unobservable Inputs (Level 3) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0
Recurring | Other current assets & Other assets | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	15
Recurring | Other current assets & Other assets | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0
Recurring | Other current assets & Other assets | Significant Other Observable Inputs (Level 2) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	15
Recurring | Other current assets & Other assets | Significant Unobservable Inputs (Level 3) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value	0
Recurring | Accrued expenses and other liabilities | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value	(3)	(24)
Recurring | Accrued expenses and other liabilities | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		(2)
Recurring | Accrued expenses and other liabilities | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value	0	0
Recurring | Accrued expenses and other liabilities | Quoted Prices in Active Markets for Identical Assets (Level 1) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		0
Recurring | Accrued expenses and other liabilities | Significant Other Observable Inputs (Level 2) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value	(3)	(24)
Recurring | Accrued expenses and other liabilities | Significant Other Observable Inputs (Level 2) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		(2)
Recurring | Accrued expenses and other liabilities | Significant Unobservable Inputs (Level 3) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value	$ 0	0
Recurring | Accrued expenses and other liabilities | Significant Unobservable Inputs (Level 3) | Foreign currency forward contracts designated as hedges | Foreign currency forward contracts not designated as hedges
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities at fair value		$ 0

Fair Value Measurements - Forei

Fair Value Measurements - Foreign Currency Forward Contracts (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Foreign currency forward contracts designated as hedges | Foreign currency forward contracts designated as hedges | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Maximum length of time over which our foreign currency forward contracts mature	14 months
Buy USD, Sell EUR | Foreign currency forward contracts designated as hedges | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Notional amount	$ 700	$ 542
Fair value gain (loss)	12	(24)
Buy USD, Sell EUR | Foreign currency forward contracts not designated as hedges
Derivatives, Fair Value [Line Items]
Notional amount	68	0
Fair value gain (loss)	3	0
Buy USD, Sell GBP | Foreign currency forward contracts not designated as hedges
Derivatives, Fair Value [Line Items]
Notional amount	144	116
Fair value gain (loss)	$ 3	$ (2)

Fair Value Measurements - Non-R

Fair Value Measurements - Non-Recurring Basis (Details) - USD ($) $ in Millions	3 Months Ended
	Jun. 30, 2021	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying value of the investment			$ 45
Proceeds from sale of equity securities	$ 22
Realized gain (loss)	$ 16
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		$ 9,754	$ 8,543
Other current assets | Recurring | Equity securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets at fair value		$ 58

Deferred Revenues (Details)

Deferred Revenues (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Revenue from Contract with Customer [Abstract]
Deferred revenues	$ 900		$ 900		$ 1,700
Revenue recognized included in beginning deferred revenue	$ 87	$ 54	$ 1,700	$ 1,300

Deferred Revenues - Remaining P

Deferred Revenues - Remaining Performance Obligation (Details) $ in Billions	Sep. 30, 2021USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contracted not recognized revenue	$ 1.6
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contracted not recognized revenue	$ 1.3
Contracted not recognized revenue, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Contracted not recognized revenue	$ 0.2
Contracted not recognized revenue, period	1 year

Debt - Credit Facilities (Detai

Debt - Credit Facilities (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Long-term debt, gross	$ 3,650,000,000	$ 3,650,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Maximum borrowing capacity	1,500,000,000	$ 1,500,000,000
Revolving Credit Facility | Line of Credit | Credit Agreement as Amended
Debt Instrument [Line Items]
Amount drawn on the revolver	$ 0

Debt - Summary of Debt (Details

Debt - Summary of Debt (Details) - USD ($) $ in Millions	Sep. 30, 2021	Dec. 31, 2020
Debt Instrument [Line Items]
Principal	$ 3,650	$ 3,650
Unamortized discount and deferred financing costs	(43)	(45)
Total net carrying amount	$ 3,607	$ 3,605
Unsecured Notes | 2026 Notes
Debt Instrument [Line Items]
Interest Rate	3.40%	3.40%
Principal	$ 850	$ 850
Unsecured Notes | 2026 Notes | Fair Value (Level 2)
Debt Instrument [Line Items]
Fair Value (Level 2)	$ 927	$ 970
Unsecured Notes | 2027 Notes
Debt Instrument [Line Items]
Interest Rate	3.40%	3.40%
Principal	$ 400	$ 400
Unsecured Notes | 2027 Notes | Fair Value (Level 2)
Debt Instrument [Line Items]
Fair Value (Level 2)	$ 439	$ 454
Unsecured Notes | 2030 Notes
Debt Instrument [Line Items]
Interest Rate	1.35%	1.35%
Principal	$ 500	$ 500
Unsecured Notes | 2030 Notes | Fair Value (Level 2)
Debt Instrument [Line Items]
Fair Value (Level 2)	$ 466	$ 490
Unsecured Notes | 2047 Notes
Debt Instrument [Line Items]
Interest Rate	4.50%	4.50%
Principal	$ 400	$ 400
Unsecured Notes | 2047 Notes | Fair Value (Level 2)
Debt Instrument [Line Items]
Fair Value (Level 2)	$ 492	$ 525
Unsecured Notes | 2050 Notes
Debt Instrument [Line Items]
Interest Rate	2.50%	2.50%
Principal	$ 1,500	$ 1,500
Unsecured Notes | 2050 Notes | Fair Value (Level 2)
Debt Instrument [Line Items]
Fair Value (Level 2)	$ 1,320	$ 1,462

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	$ 15,037	$ 12,805
Other comprehensive income (loss) before reclassifications	19	(6)
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	16	(8)
Ending balance	16,950	14,382
Foreign currency translation adjustments
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(589)	(624)
Other comprehensive income (loss) before reclassifications	(8)	13
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	0	(2)
Ending balance	(597)	(613)
Unrealized gain (loss) on available-for- sale securities
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(5)	(3)
Other comprehensive income (loss) before reclassifications	0	0
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	3	1
Ending balance	(2)	(2)
Unrealized gain (loss) on forward contracts
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(28)	8
Other comprehensive income (loss) before reclassifications	27	(19)
Amounts reclassified from accumulated other comprehensive income (loss) into earnings	13	(7)
Ending balance	12	(18)
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Beginning balance	(622)	(619)
Ending balance	$ (587)	$ (633)

Operating Segments and Geogra_3

Operating Segments and Geographic Regions (Details) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)segment	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Segment Reporting [Abstract]
Number of reportable segments | segment			3
Segment Reporting Information [Line Items]
Segment net revenues	$ 1,880	$ 1,767	$ 5,867	$ 5,368
Segment operating income	824	778	2,578	2,139
Net effect from recognition (deferral) of deferred net revenues	(190)	(187)	(773)	(306)
Total consolidated net revenues	2,070	1,954	6,640	5,674
Amortization of intangible assets	(2)	(16)	(8)	(62)
Restructuring and related costs	(3)	(9)	(46)	(39)
Interest and other expense (income), net	65	25	52	55
Loss on extinguishment of debt	0	31	0	31
Income before income tax expense	759	722	2,526	2,053
Long-lived assets	421		421		$ 453
Americas
Segment Reporting Information [Line Items]
Segment net revenues	1,030	1,041	3,344	3,082
Net effect from recognition (deferral) of deferred net revenues	(136)	(86)	(475)	(106)
Total consolidated net revenues	1,166	1,127	3,819	3,188
Long-lived assets	273		273		270
EMEA
Segment Reporting Information [Line Items]
Segment net revenues	556	514	1,785	1,611
Net effect from recognition (deferral) of deferred net revenues	(63)	(75)	(260)	(159)
Total consolidated net revenues	619	589	2,045	1,770
Long-lived assets	131		131		166
Asia Pacific
Segment Reporting Information [Line Items]
Segment net revenues	294	212	738	675
Net effect from recognition (deferral) of deferred net revenues	9	(26)	(38)	(41)
Total consolidated net revenues	285	$ 238	776	$ 716
Long-lived assets	$ 17		$ 17		$ 17
US | Geographic Concentration Risk | Revenues
Segment Reporting Information [Line Items]
Percentage of concentration risk	49.00%	50.00%	50.00%	50.00%
UK | Geographic Concentration Risk | Revenues
Segment Reporting Information [Line Items]
Percentage of concentration risk	10.00%	9.00%	10.00%	10.00%
Digital online channels
Segment Reporting Information [Line Items]
Segment net revenues	$ 1,688	$ 1,605	$ 5,293	$ 4,781
Net effect from recognition (deferral) of deferred net revenues	(164)	(148)	(590)	(1)
Total consolidated net revenues	1,852	1,753	5,883	4,782
Retail channels
Segment Reporting Information [Line Items]
Segment net revenues	42	78	162	214
Net effect from recognition (deferral) of deferred net revenues	(27)	(39)	(192)	(295)
Total consolidated net revenues	69	117	354	509
Other
Segment Reporting Information [Line Items]
Segment net revenues	150	84	412	373
Net effect from recognition (deferral) of deferred net revenues	1	0	9	(10)
Total consolidated net revenues	149	84	403	383
Console
Segment Reporting Information [Line Items]
Segment net revenues	409	566	1,531	1,643
Net effect from recognition (deferral) of deferred net revenues	(114)	(129)	(530)	(301)
Total consolidated net revenues	523	695	2,061	1,944
PC
Segment Reporting Information [Line Items]
Segment net revenues	498	469	1,574	1,467
Net effect from recognition (deferral) of deferred net revenues	(80)	(45)	(253)	(27)
Total consolidated net revenues	578	514	1,827	1,494
Mobile and ancillary
Segment Reporting Information [Line Items]
Segment net revenues	823	648	2,350	1,885
Net effect from recognition (deferral) of deferred net revenues	3	(13)	1	32
Total consolidated net revenues	820	661	2,349	1,853
Other
Segment Reporting Information [Line Items]
Segment net revenues	150	84	412	373
Net effect from recognition (deferral) of deferred net revenues	1	0	9	(10)
Total consolidated net revenues	149	84	403	383
Reportable segments
Segment Reporting Information [Line Items]
Segment net revenues	1,786	1,720	5,626	5,198
Segment operating income	735	726	2,341	2,236
Reportable segments | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment net revenues	1,771	1,702	5,564	5,136
Reportable segments | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment net revenues	15	18	62	62
Reportable segments | Activision
Segment Reporting Information [Line Items]
Segment net revenues	641	773	2,321	2,285
Segment operating income	244	345	1,049	1,088
Net effect from recognition (deferral) of deferred net revenues	(153)	(171)	(676)	(309)
Total consolidated net revenues	794	944	2,997	2,594
Reportable segments | Activision | Americas
Segment Reporting Information [Line Items]
Segment net revenues	405	518	1,522	1,491
Net effect from recognition (deferral) of deferred net revenues	(110)	(77)	(420)	(124)
Total consolidated net revenues	515	595	1,942	1,615
Reportable segments | Activision | EMEA
Segment Reporting Information [Line Items]
Segment net revenues	145	195	567	604
Net effect from recognition (deferral) of deferred net revenues	(42)	(68)	(213)	(146)
Total consolidated net revenues	187	263	780	750
Reportable segments | Activision | Asia Pacific
Segment Reporting Information [Line Items]
Segment net revenues	91	60	232	190
Net effect from recognition (deferral) of deferred net revenues	(1)	(26)	(43)	(39)
Total consolidated net revenues	92	86	275	229
Reportable segments | Activision | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment net revenues	641	773	2,321	2,285
Reportable segments | Activision | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Reportable segments | Activision | Digital online channels
Segment Reporting Information [Line Items]
Segment net revenues	595	696	2,134	2,038
Net effect from recognition (deferral) of deferred net revenues	(128)	(130)	(491)	(16)
Total consolidated net revenues	723	826	2,625	2,054
Reportable segments | Activision | Retail channels
Segment Reporting Information [Line Items]
Segment net revenues	38	69	149	192
Net effect from recognition (deferral) of deferred net revenues	(25)	(41)	(185)	(293)
Total consolidated net revenues	63	110	334	485
Reportable segments | Activision | Other
Segment Reporting Information [Line Items]
Segment net revenues	8	8	38	55
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	8	8	38	55
Reportable segments | Activision | Console
Segment Reporting Information [Line Items]
Segment net revenues	361	539	1,441	1,560
Net effect from recognition (deferral) of deferred net revenues	(119)	(125)	(530)	(295)
Total consolidated net revenues	480	664	1,971	1,855
Reportable segments | Activision | PC
Segment Reporting Information [Line Items]
Segment net revenues	107	117	387	373
Net effect from recognition (deferral) of deferred net revenues	(33)	(35)	(145)	(50)
Total consolidated net revenues	140	152	532	423
Reportable segments | Activision | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment net revenues	165	109	455	297
Net effect from recognition (deferral) of deferred net revenues	(1)	(11)	(1)	36
Total consolidated net revenues	166	120	456	261
Reportable segments | Activision | Other
Segment Reporting Information [Line Items]
Segment net revenues	8	8	38	55
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	8	8	38	55
Reportable segments | Blizzard
Segment Reporting Information [Line Items]
Segment net revenues	493	411	1,409	1,326
Segment operating income	188	133	537	533
Net effect from recognition (deferral) of deferred net revenues	(39)	(12)	(108)	13
Total consolidated net revenues	532	423	1,517	1,313
Reportable segments | Blizzard | Americas
Segment Reporting Information [Line Items]
Segment net revenues	216	188	641	598
Net effect from recognition (deferral) of deferred net revenues	(27)	(4)	(57)	18
Total consolidated net revenues	243	192	698	580
Reportable segments | Blizzard | EMEA
Segment Reporting Information [Line Items]
Segment net revenues	144	123	452	390
Net effect from recognition (deferral) of deferred net revenues	(22)	(8)	(55)	(3)
Total consolidated net revenues	166	131	507	393
Reportable segments | Blizzard | Asia Pacific
Segment Reporting Information [Line Items]
Segment net revenues	133	100	316	338
Net effect from recognition (deferral) of deferred net revenues	10	0	4	(2)
Total consolidated net revenues	123	100	312	340
Reportable segments | Blizzard | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment net revenues	478	393	1,347	1,264
Reportable segments | Blizzard | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment net revenues	15	18	62	62
Reportable segments | Blizzard | Digital online channels
Segment Reporting Information [Line Items]
Segment net revenues	456	391	1,325	1,219
Net effect from recognition (deferral) of deferred net revenues	(37)	(14)	(101)	16
Total consolidated net revenues	493	405	1,426	1,203
Reportable segments | Blizzard | Retail channels
Segment Reporting Information [Line Items]
Segment net revenues	4	9	13	21
Net effect from recognition (deferral) of deferred net revenues	(2)	2	(7)	(2)
Total consolidated net revenues	6	7	20	23
Reportable segments | Blizzard | Other
Segment Reporting Information [Line Items]
Segment net revenues	33	11	71	86
Net effect from recognition (deferral) of deferred net revenues	0	0	0	(1)
Total consolidated net revenues	33	11	71	87
Reportable segments | Blizzard | Console
Segment Reporting Information [Line Items]
Segment net revenues	48	27	90	83
Net effect from recognition (deferral) of deferred net revenues	5	(4)	0	(6)
Total consolidated net revenues	43	31	90	89
Reportable segments | Blizzard | PC
Segment Reporting Information [Line Items]
Segment net revenues	387	348	1,185	1,084
Net effect from recognition (deferral) of deferred net revenues	(47)	(9)	(108)	24
Total consolidated net revenues	434	357	1,293	1,060
Reportable segments | Blizzard | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment net revenues	25	25	63	73
Net effect from recognition (deferral) of deferred net revenues	3	1	0	(4)
Total consolidated net revenues	22	24	63	77
Reportable segments | Blizzard | Other
Segment Reporting Information [Line Items]
Segment net revenues	33	11	71	86
Net effect from recognition (deferral) of deferred net revenues	0	0	0	(1)
Total consolidated net revenues	33	11	71	87
Reportable segments | King
Segment Reporting Information [Line Items]
Segment net revenues	652	536	1,896	1,587
Segment operating income	303	248	755	615
Net effect from recognition (deferral) of deferred net revenues	1	(4)	2	(1)
Total consolidated net revenues	651	540	1,894	1,588
Reportable segments | King | Americas
Segment Reporting Information [Line Items]
Segment net revenues	418	346	1,217	1,024
Net effect from recognition (deferral) of deferred net revenues	1	(4)	2	0
Total consolidated net revenues	417	350	1,215	1,024
Reportable segments | King | EMEA
Segment Reporting Information [Line Items]
Segment net revenues	163	136	484	406
Net effect from recognition (deferral) of deferred net revenues	0	0	(1)	(1)
Total consolidated net revenues	163	136	485	407
Reportable segments | King | Asia Pacific
Segment Reporting Information [Line Items]
Segment net revenues	71	54	195	157
Net effect from recognition (deferral) of deferred net revenues	0	0	1	0
Total consolidated net revenues	71	54	194	157
Reportable segments | King | Net revenues from external customers
Segment Reporting Information [Line Items]
Segment net revenues	652	536	1,896	1,587
Reportable segments | King | Intersegment net revenues
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Reportable segments | King | Digital online channels
Segment Reporting Information [Line Items]
Segment net revenues	652	536	1,896	1,586
Net effect from recognition (deferral) of deferred net revenues	1	(4)	2	(1)
Total consolidated net revenues	651	540	1,894	1,587
Reportable segments | King | Retail channels
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	1
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	1
Reportable segments | King | Other
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Reportable segments | King | Console
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Reportable segments | King | PC
Segment Reporting Information [Line Items]
Segment net revenues	19	22	64	72
Net effect from recognition (deferral) of deferred net revenues	0	(1)	0	(1)
Total consolidated net revenues	19	23	64	73
Reportable segments | King | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment net revenues	633	514	1,832	1,515
Net effect from recognition (deferral) of deferred net revenues	1	(3)	2	0
Total consolidated net revenues	632	517	1,830	1,515
Reportable segments | King | Other
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments
Segment Reporting Information [Line Items]
Segment net revenues	109	65	303	232
Net effect from recognition (deferral) of deferred net revenues	1	0	9	(9)
Total consolidated net revenues	108	65	294	241
Non-reportable segments | Americas
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments | EMEA
Segment Reporting Information [Line Items]
Segment net revenues	109	65	303	232
Net effect from recognition (deferral) of deferred net revenues	1	0	9	(9)
Total consolidated net revenues	108	65	294	241
Non-reportable segments | Asia Pacific
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments | Digital online channels
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments | Retail channels
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments | Other
Segment Reporting Information [Line Items]
Segment net revenues	109	65	303	232
Net effect from recognition (deferral) of deferred net revenues	1	0	9	(9)
Total consolidated net revenues	108	65	294	241
Non-reportable segments | Console
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments | PC
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Non-reportable segments | Other
Segment Reporting Information [Line Items]
Segment net revenues	109	65	303	232
Net effect from recognition (deferral) of deferred net revenues	1	0	9	(9)
Total consolidated net revenues	108	65	294	241
Reconciliation items
Segment Reporting Information [Line Items]
Net effect from recognition (deferral) of deferred net revenues	190	187	773	306
Net effect from recognition (deferral) of deferred net revenues and related cost of revenues	154	150	562	169
Share-based compensation expense	(64)	(53)	(259)	(138)
Amortization of intangible assets	(2)	(16)	(8)	(62)
Restructuring and related costs	(3)	(9)	(46)	(39)
Reconciliation items | Other segments
Segment Reporting Information [Line Items]
Segment operating income	4	(20)	(12)	(27)
Elimination of intersegment revenues
Segment Reporting Information [Line Items]
Segment net revenues	(15)	(18)	(62)	(62)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	(15)	(18)	(62)	(62)
Elimination of intersegment revenues | Americas
Segment Reporting Information [Line Items]
Segment net revenues	(9)	(11)	(36)	(31)
Net effect from recognition (deferral) of deferred net revenues	0	(1)	0	0
Total consolidated net revenues	(9)	(10)	(36)	(31)
Elimination of intersegment revenues | EMEA
Segment Reporting Information [Line Items]
Segment net revenues	(5)	(5)	(21)	(21)
Net effect from recognition (deferral) of deferred net revenues	0	1	0	0
Total consolidated net revenues	(5)	(6)	(21)	(21)
Elimination of intersegment revenues | Asia Pacific
Segment Reporting Information [Line Items]
Segment net revenues	(1)	(2)	(5)	(10)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	(1)	(2)	(5)	(10)
Elimination of intersegment revenues | Digital online channels
Segment Reporting Information [Line Items]
Segment net revenues	(15)	(18)	(62)	(62)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	(15)	(18)	(62)	(62)
Elimination of intersegment revenues | Retail channels
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Elimination of intersegment revenues | Other
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Elimination of intersegment revenues | Console
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Elimination of intersegment revenues | PC
Segment Reporting Information [Line Items]
Segment net revenues	(15)	(18)	(62)	(62)
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	(15)	(18)	(62)	(62)
Elimination of intersegment revenues | Mobile and ancillary
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	0	0	0	0
Elimination of intersegment revenues | Other
Segment Reporting Information [Line Items]
Segment net revenues	0	0	0	0
Net effect from recognition (deferral) of deferred net revenues	0	0	0	0
Total consolidated net revenues	$ 0	$ 0	$ 0	$ 0

Share-Based Payments - Stock Op

Share-Based Payments - Stock Option Activities (Details) - Stock Option Plan $ / shares in Units, shares in Thousands, $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)$ / sharesshares
Stock option activity, shares
Stock options at the beginning of the period (in shares) | shares	11,297
Stock options, granted (in shares) | shares	754
Stock options, exercised (in shares) | shares	(1,677)
Stock options, forfeited (in shares) | shares	(700)
Stock options, expired (in shares) | shares	(18)
Stock options at the end of the period (in shares) | shares	9,656
Stock options, vested and expected to vest (in shares) | shares	9,260
Stock options, exercisable (in shares) | shares	5,015
Weighted-average exercise price per stock option
Stock options, weighted-average strike price at the beginning of the period (in dollars per share) | $ / shares	$ 53.84
Stock options, weighted-average exercise price, granted (in dollars per share) | $ / shares	92.56
Stock options, weighted-average exercise price, exercised (in dollars per share) | $ / shares	46.27
Stock options, weighted-average exercise price, forfeited (in dollars per share) | $ / shares	63.58
Stock options, weighted-average exercise price, expired (in dollars per share) | $ / shares	56.58
Stock options, weighted-average strike price at the end of the period (in dollars per share) | $ / shares	57.47
Stock options, weighted-average exercise price, vested and expected to vest (in dollars per share) | $ / shares	56.62
Stock options, weighted-average exercise price, exercisable (in dollars per share) | $ / shares	$ 45.46
Stock options, weighted-average remaining contractual term	7 years 2 months 4 days
Stock options, weighted-average remaining contractual term, vested and expected to vest	7 years 1 month 6 days
Stock options, weighted-average remaining contractual term, exercisable	6 years
Stock options, aggregate intrinsic value | $	$ 211
Stock options, aggregate intrinsic value, vested and expected to vest | $	208
Stock options, aggregate intrinsic value, exercisable | $	160
Share-based compensation, unrecognized compensation | $	$ 44
Share-based compensation, unrecognized compensation weighted-average period of recognition	1 year 1 month 6 days

Share-Based Payments - Restrict

Share-Based Payments - Restricted Stock Units and Restricted Stock Awards Activities (Details) $ / shares in Units, shares in Thousands, $ in Millions	9 Months Ended
	Sep. 30, 2021USD ($)$ / sharesshares
Restricted Stock Units (RSUs)
Restricted stock rights activity
Restricted stock rights at the beginning of the period (in shares) | shares	7,102
Restricted stock rights, granted (in shares) | shares	4,657
Restricted stock rights, vested (in shares) | shares	(3,177)
Restricted stock rights, forfeited (in shares) | shares	(1,085)
Restricted stock rights at the end of the period (in shares) | shares	7,497
Restricted stock rights, weighted-average grant date fair value information
Restricted stock rights, weighted-average grant date fair value at the beginning of the period (in dollars per share) | $ / shares	$ 82.50
Restricted stock rights, weighted-average grant date fair value, granted (in dollars per share) | $ / shares	95.05
Restricted stock rights, weighted-average grant date fair value, vested (in dollars per share) | $ / shares	96.63
Restricted stock rights, weighted-average grant date fair value, forfeited (in dollars per share) | $ / shares	72.94
Restricted stock rights, weighted-average grant date fair value (in dollars per share) ending balance | $ / shares	$ 86.71
Share-based compensation, unrecognized compensation | $	$ 351
Share-based compensation, unrecognized compensation weighted-average period of recognition	1 year 6 months 21 days
Performance Based Restricted Stock Units
Restricted stock rights, weighted-average grant date fair value information
Share-based compensation, unrecognized compensation | $	$ 108
Share-based compensation, unrecognized compensation weighted-average period of recognition	1 year 2 months 12 days

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				9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Restructuring Reserve [Roll Forward]
Costs charged to expense	$ 3			$ 9	$ 46	$ 39
Cumulative charges incurred through September 30, 2021	272				272
2019 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	96	$ 104	$ 91		91
Costs charged to expense	4	17	27
Cash payments	(18)	(13)	(10)
Non-cash charge adjustment	(3)	(12)	(4)
Balance, ending	79	96	104		79
Cumulative charges incurred through September 30, 2021	267				267
Severance and employee related costs | 2019 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	93	101	88		88
Costs charged to expense	1	3	24
Cash payments	(17)	(11)	(9)
Non-cash charge adjustment	(1)	0	(2)
Balance, ending	76	93	101		76
Cumulative charges incurred through September 30, 2021	180				180
Facilities and related costs | 2019 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	0	0	0		0
Costs charged to expense	2	12	1
Cash payments	0	0	0
Non-cash charge adjustment	(2)	(12)	(1)
Balance, ending	0	0	0		0
Cumulative charges incurred through September 30, 2021	50				50
Other costs | 2019 Restructuring Plan
Restructuring Reserve [Roll Forward]
Balance, beginning	3	3	3		3
Costs charged to expense	1	2	2
Cash payments	(1)	(2)	(1)
Non-cash charge adjustment	0	0	(1)
Balance, ending	3	$ 3	$ 3		3
Cumulative charges incurred through September 30, 2021	$ 37				$ 37

Restructuring - Total Restructu

Restructuring - Total Restructuring and Related Costs by Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	$ 3	$ 9	$ 46	$ 39
2019 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	4	9	48	36
Activision | 2019 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	0	1	1	5
Blizzard | 2019 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	4	7	42	30
King | 2019 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	0	1	1	(1)
Other segments | 2019 Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Restructuring and related costs	$ 0	$ 0	$ 4	$ 2

Restructuring - Narrative (Deta

Restructuring - Narrative (Details) - 2019 Restructuring Plan	9 Months Ended
	Sep. 30, 2021
Restructuring Cost and Reserve [Line Items]
Pre-tax charge expected to be paid in cash	75.00%
Severance and employee related costs
Restructuring Cost and Reserve [Line Items]
Percentage of aggregate restructuring charge	65.00%
Facilities and related costs
Restructuring Cost and Reserve [Line Items]
Percentage of aggregate restructuring charge	20.00%
Other costs
Restructuring Cost and Reserve [Line Items]
Percentage of aggregate restructuring charge	15.00%

Restructuring - Schedule of Tot

Restructuring - Schedule of Total Expected Pre-tax Restructuring Charges (Details) $ in Millions	Sep. 30, 2021USD ($)
Restructuring Cost and Reserve [Line Items]
Total charges incurred through September 30, 2021	$ 272
Total charges expected as of September 30, 2021	275
Activision
Restructuring Cost and Reserve [Line Items]
Total charges incurred through September 30, 2021	33
Total charges expected as of September 30, 2021	33
Blizzard
Restructuring Cost and Reserve [Line Items]
Total charges incurred through September 30, 2021	186
Total charges expected as of September 30, 2021	187
King
Restructuring Cost and Reserve [Line Items]
Total charges incurred through September 30, 2021	20
Total charges expected as of September 30, 2021	20
Other segments
Restructuring Cost and Reserve [Line Items]
Total charges incurred through September 30, 2021	33
Total charges expected as of September 30, 2021	$ 35

Interest and Other Expense (I_3

Interest and Other Expense (Income), Net (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Other Income and Expenses [Abstract]
Interest income	$ (1)	$ (1)	$ (4)	$ (20)
Interest expense from debt and amortization of debt discount and deferred financing costs	27	27	81	72
Realized and unrealized loss (gain) on equity investment	36	(3)	(35)	(3)
Other expense (income), net	3	2	10	6
Interest and other expense (income), net	$ 65	$ 25	$ 52	$ 55

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 120	$ 118	$ 391	$ 365
Effective tax rate (in percent)	16.00%	16.00%	15.00%	18.00%

Computation of Basic_Diluted _3

Computation of Basic/Diluted Earnings Per Common Share - (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended						9 Months Ended
	Sep. 30, 2021	Jun. 30, 2021	Mar. 31, 2021	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020
Numerator:
Consolidated net income	$ 639	$ 876	$ 619	$ 604	$ 580	$ 505	$ 2,135	$ 1,688
Denominator:
Denominator for basic earnings per common share - weighted-average common shares outstanding (in shares)	778			772			777	771
Effect of dilutive stock options and awards under the treasury stock method (in shares)	5			7			7	6
Denominator for diluted earnings per common share—weighted-average common shares outstanding plus dilutive common shares under the treasury stock method (in shares)	783			779			784	777
Basic earnings per common share (in dollars per share)	$ 0.82			$ 0.78			$ 2.75	$ 2.19
Diluted earnings per common share (in dollars per share)	$ 0.82			$ 0.78			$ 2.72	$ 2.17

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		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share [Abstract]
Restricted stock units with performance measures not yet met (in shares)	3	3	3	2
Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive employee stock options (in shares)	2	0	2	1

Capital Transactions - Repurcha

Capital Transactions - Repurchase Programs (Details)	Jan. 27, 2021USD ($)
Equity [Abstract]
Stock repurchase program, dollar amount authorized	$ 4,000,000,000

Capital Transactions - Dividend

Capital Transactions - Dividends (Details) - USD ($) $ / shares in Units, $ in Millions	May 06, 2021	Feb. 04, 2021	May 06, 2020	Feb. 06, 2020	Mar. 31, 2021	Mar. 31, 2020	Sep. 30, 2021	Sep. 30, 2020
Equity [Abstract]
Dividends per common share (in dollars per share)		$ 0.47		$ 0.41	$ 0.47	$ 0.41
Cash dividend payment	$ 365		$ 316				$ 365	$ 316

Commitments and Contingencies -

Commitments and Contingencies - Narrative (Details) $ in Millions	Sep. 30, 2021USD ($)
EEOC Agreement | EEOC Pending Settlement
Loss Contingencies [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 18