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Interim Condensed Consolidated Statements Of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Net revenues $ 2,690 $ 1,858 $ 7,535 $ 4,939
Cost of net revenues (1,342) (1,051) (3,830) (2,787)
Gross profit 1,348 807 3,705 2,152
Operating expenses:        
Product and technology development (278) (138) (774) (411)
Sales and marketing (333) (281) (916) (736)
Provision for doubtful accounts (288) (105) (845) (271)
General and administrative (153) (123) (485) (317)
Total operating expenses (1,052) (647) (3,020) (1,735)
Income from operations 296 160 685 417
Other income (expenses):        
Interest income and other financial gains 65 35 142 84
Interest expense and other financial losses [1] (92) (44) (221) (175)
Foreign currency losses, net (71) (25) (134) (52)
Net income before income tax expense 198 126 472 274
Income tax expense (69) (31) (154) (145)
Equity in earnings of unconsolidated entity     (1)  
Net income $ 129 $ 95 $ 317 $ 129
Basic EPS: Basic net income        
Available to shareholders per common share [2] $ 2.57 $ 1.92 $ 6.30 $ 2.60
Weighted average of outstanding common shares 50,325,075 49,597,157 50,365,813 49,761,360
Diluted EPS: Diluted net income        
Available to shareholders per common share [2] $ 2.56 $ 1.92 $ 6.29 $ 2.60
Weighted average of outstanding common shares 51,315,343 49,597,157 51,356,081 49,761,360
Service [Member]        
Net revenues $ 2,437 $ 1,631 $ 6,766 $ 4,366
Product [Member]        
Net revenues $ 253 $ 227 $ 769 $ 573
[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
[2]