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Interim Condensed Consolidated Statements Of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Net revenues $ 2,597 $ 1,703 $ 4,845 $ 3,081
Cost of net revenues (1,313) (949) (2,488) (1,736)
Gross profit 1,284 754 2,357 1,345
Operating expenses:        
Product and technology development (262) (147) (496) (273)
Sales and marketing (296) (251) (583) (455)
Provision for doubtful accounts (303) (82) (557) (166)
General and administrative (173) (108) (332) (194)
Total operating expenses (1,034) (588) (1,968) (1,088)
Income from operations 250 166 389 257
Other income (expenses):        
Interest income and other financial gains 46 24 77 49
Interest expense and other financial losses [1] (73) (40) (129) (131)
Foreign currency losses, net (60) (12) (63) (27)
Net income before income tax expense 163 138 274 148
Income tax expense (39) (70) (85) (114)
Equity in earnings of unconsolidated entity (1)   (1)  
Net income $ 123 $ 68 $ 188 $ 34
Basic EPS: Basic net income        
Available to shareholders per common share $ 2.43 $ 1.37 $ 3.73 $ 0.69
Weighted average of outstanding common shares 50,364,529 49,822,272 50,386,519 49,844,823
Diluted EPS: Diluted net income        
Available to shareholders per common share $ 2.43 $ 1.37 $ 3.73 $ 0.69
Weighted average of outstanding common shares 50,364,529 49,822,272 50,386,519 49,844,823
Service [Member]        
Net revenues $ 2,332 $ 1,505 $ 4,329 $ 2,735
Product [Member]        
Net revenues $ 265 $ 198 $ 516 $ 346
[1] Includes $49 million of loss on debt extinguishment and premium related to the 2028 Notes repurchase recognized in January 2021. See Note 11 to these unaudited interim condensed consolidated financial statements for further detail on 2028 Notes repurchase