Annual report pursuant to Section 13 and 15(d)

Summary of Significant Accounting Policies (Tables)

v3.6.0.2
Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2016
Summary of Significant Accounting Policies  
Schedule of property and equipment

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

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2016

    

2015

 

Buildings

 

$
123

 
123

 

Leasehold improvements

 

 
39

 
34

 

Computer equipment

 

 
39

 
38

 

Furniture, office equipment and other

 

 
24

 
21

 

Total property and equipment

 

$
225

 
216

 

 

Schedule of stock-based compensation expense

Included in the accompanying consolidated statements of operations are the following amounts of stock-based compensation for the years ended December 31, 2016, 2015 and 2014 (amounts in millions):

 

 

 

 

 

 

 

 

 

 

 

 

December 31,

 

 

    

2016

    

2015

 

2014

 

Operating expense

    

$
40

 
32

 
32

 

Selling, general and administrative

 

 
51

 
50

 
42

 

 

 

$
91

 
82

 
74

 

 

Reconciliation of Basic and Diluted Weighted Average Shares

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2016

 

2015

 

2014

 

 

 

number of shares in millions

 

Basic EPS

 
75

 
75

 
74

 

Potentially dilutive shares

 

 —

 

 —

 

 —

 

Diluted EPS

 
75

 
75

 
74