Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.3.1.900
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2015
Summary of Significant Accounting Policies  
Schedule of property and equipment

Property and equipment consists of the following (amounts in millions):

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2015

    

2014

 

Building

 

$

123

 

 —

 

Leasehold improvements

 

 

34

 

36

 

Computer equipment

 

 

38

 

34

 

Furniture, office equipment and other

 

 

21

 

17

 

Construction in progress

 

 

 —

 

87

 

Total property and equipment

 

$

216

 

174

 

 

Schedule of stock-based compensation expense

ncluded in the accompanying consolidated statements of operations are the following amounts of stock-based compensation for the years ended December 31, 2015, 2014 and 2013 (amounts in millions):

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2015

    

2014

 

2013

 

Operating expense

    

$

32

 

32

 

26

 

Selling, general and administrative

 

 

50

 

42

 

34

 

 

 

$

82

 

74

 

60

 

 

Reconciliation of Basic and Diluted Weighted Average Shares

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2015

 

2014

 

 

 

number of shares in millions

 

Basic EPS

 

75

 

74

 

Potentially dilutive shares

 

 —

 

 —

 

Diluted EPS

 

75

 

74