Source document: activision-blizzard-inc_2019

Question: What was the decrease in Blizzard in-game net bookings for 2019, as compared to 2018?
Facts: $539
Answer: $539 million

Question: What was the decrease in Blizzard net bookings for 2019, as compared to 2018?
Facts: $572
Answer: $572 million

Question: What was the in-game net bookings in 2018?
Facts: $4,203
Answer: $4,203 million

Question: What was the percentage change in net bookings between 2018 and 2019?
Facts: 6,388; 7,262
Derivation: ($6,388-$7,262)/$7,262
Answer: -12.04 percent

Question: What was the percentage change in in-game net bookings between 2018 and 2019?
Facts: 3,366; 4,203
Derivation: ($3,366-$4,203)/$4,203
Answer: -19.91 percent

Question: What was the sum of net bookings and in-game net bookings in 2019?
Facts: 3,366; 6,388
Derivation: ($6,388+$3,366)
Answer: 9754 million

Question: What does in-game net revenues include?
Facts: In-game net revenues primarily includes the net amount of revenue recognized for downloadable content and microtransactions during the period.
Answer: In-game net revenues primarily includes the net amount of revenue recognized for downloadable content and microtransactions during the period.

Question: What was the In-game net revenues in 2019?
Facts: 3,376
Answer: 3,376 million

Question: What was the consolidated net revenues in 2019?
Facts: 6,489
Answer: 6,489 million

Question: What is the sum of consolidated net revenues and in-game net revenues in 2019?
Facts: 3,376; 6,489
Derivation: ($6,489+3,376)
Answer: 9865 million

Question: What is the sum of consolidated net revenues and in-game net revenues in 2018?
Facts: 4,249; 7,500
Derivation: ($7,500+4,249)
Answer: 11749 million

Question: What is the total consolidated net revenue in 2018 and 2019?
Facts: 6,489; 7,500
Derivation: ($6,489+$7,500)
Answer: 13989 million

Question: According to the company, what are working capital needs impacted by?
Facts: weekly sales
Answer: weekly sales

Question: What was the Net cash provided by operating activities in 2019?
Facts: $1,831
Answer: $1,831 million

Question: What was the Net cash provided by operating activities in 2018?
Facts: $1,790
Answer: $1,790 million

Question: What was the percentage change in Net cash provided by operating activities between 2018 and 2019?
Facts: 1,790; 1,831
Derivation: ($1,831-$1,790)/$1,790
Answer: 2.29 percent

Question: What is the increase(decrease) in Net cash provided by operating activities as a percentage of Increase (Decrease) of Net cash used in investing activities?
Facts: 208; 41
Derivation: 41/208
Answer: 19.71 percent

Question: What is the increase(decrease) in Net cash provided by operating activities as a percentage of Increase (Decrease) in Net cash used in financing activities?
Facts: 1,783; 41
Derivation: 41/1,783
Answer: 2.3 percent

Question: What was the consolidated net income in 2018?
Facts: $1,848
Answer: $1,848 million

Question: What was the consolidated net income in 2019?
Facts: $1,503
Answer: $1,503 million

Question: What was the Basic earnings per common share in 2017?
Facts: $0.36
Answer: $0.36

Question: What was the change in consolidated net income between 2018 and 2019?
Facts: 1,503; 1,848
Derivation: $1,503-$1,848
Answer: -345 million

Question: What was the change in diluted earnings per common share between 2018 and 2019?
Facts: 1.95; 2.40
Derivation: $1.95-$2.40
Answer: -0.45

Question: What was the percentage change in basic earnings per common share between 2017 and 2018?
Facts: 0.36; 2.43
Derivation: ($2.43-$0.36)/$0.36
Answer: 575 percent

Question: What was the depreciation expense for 2017?
Facts: $130 million
Answer: $130 million million

Question: What was the depreciation expense for 2019?
Facts: $124 million
Answer: $124 million million

Question: What was the net cost of Land in 2019?
Facts: $1
Answer: $1 million

Question: What was the change in the net cost of computer equipment between 2018 and 2019?
Facts: 654; 700
Derivation: 654-700
Answer: -46 million

Question: What was the change in the property and equipment, net between 2018 and 2019?
Facts: 253; 282
Derivation: 253-282
Answer: -29 million

Question: What was the percentage change in total cost of property and equipment between 2018 and 2019?
Facts: 1,002; 1,052
Derivation: (1,002-1,052)/1,052
Answer: -4.75 percent

Question: What was the balance in the carrying amount of goodwill by Blizzard in 2017?
Facts: $190
Answer: $190 million

Question: What was the balance in the carrying amount of goodwill by King in 2018?
Facts: $2,675
Answer: $2,675 million

Question: What was the balance in the carrying amount of goodwill by Activision in 2019?
Facts: $6,898
Answer: $6,898 million

Question: What was the difference in balance in 2017 between Activision and Blizzard?
Facts: 190; 6,898
Derivation: $6,898-$190
Answer: 6708 million

Question: What was the difference in balance in 2019 between Activision and King?
Facts: 2,676; 6,898
Derivation: $6,898-$2,676
Answer: 4222 million

Question: What is the percentage of total balance in 2018 that consists of balance by King?
Facts: 2,675; 9,762
Derivation: $2,675/$9,762
Answer: 27.4 percent

Question: What does the company's long-term tangible fixed assets consist of?
Facts: property, plant, and equipment assets, and beginning with 2019, as a result of our adoption of a new lease accounting standard, our lease ROU assets
Answer: property, plant, and equipment assets, and beginning with 2019, as a result of our adoption of a new lease accounting standard, our lease ROU assets

Question: What was the long-lived assets in Americas in 2019?
Facts: 322
Answer: 322 million

Question: What was the long-lived assets in EMEA in 2019?
Facts: 142
Answer: 142 million

Question: What was the percentage change in the long-lived assets in Americas between 2018 and 2019?
Facts: 203; 322
Derivation: ($322-$203)/$203
Answer: 58.62 percent

Question: What was the percentage change in the long-lived assets in Asia Pacific between 2018 and 2019?
Facts: 17; 21
Derivation: (21-17)/17
Answer: 23.53 percent

Question: What was the change in total long-lived assets by geographical region between 2017 and 2018?
Facts: 282; 294
Derivation: 282-294
Answer: -12 million

Question: What did net income for 2019, 2018 and 2017 include?
Facts: the impact of significant discrete tax-related impacts, including incremental income tax expense and benefits in 2017 and 2018 due to the application of the U.S. Tax Reform Act.
Answer: the impact of significant discrete tax-related impacts, including incremental income tax expense and benefits in 2017 and 2018 due to the application of the U.S. Tax Reform Act.

Question: What was net revenue in 2019?
Facts: $6,489
Answer: $6,489 million

Question: What was net income in 2019?
Facts: 1,503
Answer: 1,503 million

Question: What is the change in operating cash flows between 2018 and 2019?
Facts: 1,790; 1,831
Derivation: ($1,831-$1,790)
Answer: 41 million

Question: What is the change in total assets between 2015 and 2016?
Facts: 15,246; 17,452
Derivation: (17,452-15,246)
Answer: 2206 million

Question: What is the percentage change in Cash and Investments between 2016 and 2017?
Facts: 3,271; 4,775
Derivation: ($4,775-$3,271)/$3,271
Answer: 45.98 percent

Question: What were fees and discounts associated with the issuance of the company's debt instruments recorded as?
Facts: debt discount, which reduces their respective carrying values, and are amortized over their respective terms.
Answer: debt discount, which reduces their respective carrying values, and are amortized over their respective terms.

Question: What was the interest expense for 2019?
Facts: $86 million
Answer: $86 million

Question: What was the interest expense for 2018?
Facts: $134 million
Answer: $134 million

Question: What was the change in the gross carrying amount between the 2021 and 2022 Notes in 2019?
Facts: 400; 650
Derivation: 400-650
Answer: -250 million

Question: What was the change in the net carrying amount between the 2026 and 2027 Notes in 2018?
Facts: 395; 842
Derivation: 395-842
Answer: -447 million

Question: What was the percentage change in the net carrying amount of total long-term debt between 2018 and 2019?
Facts: 2,671; 2,675
Derivation: ($2,675-$2,671)/$2,671
Answer: 0.15 percent

Question: What was the gross carrying amount in the 2021 Notes?
Facts: 650
Answer: 650 million

Question: What was the gross carrying amount in the 2026 Notes?
Facts: 850
Answer: 850 million

Question: What was the net carrying amount in the 2047 Notes?
Facts: 390
Answer: 390 million

Question: What was the change in gross carrying amount between the 2022 and 2026 notes?
Facts: 400; 850
Derivation: 850-400
Answer: 450 million

Question: What was the change in gross carrying amount between the 2021 and 2022 notes?
Facts: 400; 650
Derivation: 400-650
Answer: -250 million

Question: What was the percentage change in the net carrying amount between the 2026 and 2027 notes?
Facts: 395; 842
Derivation: (395-842)/842
Answer: -53.09 percent

Question: What was the amount of gross tax credit carryforwards for state purposes in 2019?
Facts: $191 million
Answer: $191 million

Question: What was the deferred revenue in 2019?
Facts: 119
Answer: 119 million

Question: What was the accrued expenses in 2018?
Facts: 26
Answer: 26 million

Question: What was the percentage change in accrued expenses between 2018 and 2019?
Facts: 26; 28
Derivation: (28-26)/26
Answer: 7.69 percent

Question: What was the percentage change in intangibles between 2018 and 2019?
Facts: 1,289; 43
Derivation: (1,289-43)/43
Answer: 2897.67 percent

Question: What was the change in net deferred tax assets between 2018 and 2019?
Facts: 442; 788
Derivation: ($788-$442)
Answer: 346 million

Question: What were the Internally-developed software costs in 2019?
Facts: 345
Answer: 345 million

Question: What was the amounts of Payments made to third-party software developers in 2019?
Facts: 31
Answer: 31 million

Question: What was the total software development costs in 2018?
Facts: 329
Answer: 329 million

Question: What was the change in Internally-developed software costs between 2018 and 2019?
Facts: 291; 345
Derivation: $345-$291
Answer: 54 million

Question: What was the change in payments made to third-party software developers between 2018 and 2019?
Facts: 31; 38
Derivation: 31-38
Answer: -7 million

Question: What was the percentage change in total software development costs between 2018 and 2019?
Facts: 329; 376
Derivation: ($376-$329)/$329
Answer: 14.29 percent

Question: What does Net revenues from “Mobile and ancillary” include?
Facts: revenues from mobile devices, as well as non-platform-specific game-related revenues, such as standalone sales of toys and accessories.
Answer: revenues from mobile devices, as well as non-platform-specific game-related revenues, such as standalone sales of toys and accessories.

Question: What does Net revenues from “Other” include?
Facts: revenues from our Distribution business and the Overwatch League.
Answer: revenues from our Distribution business and the Overwatch League.

Question: What is the net revenue from Console in 2019?
Facts: $1,920
Answer: $1,920 million

Question: What is the total consolidated net revenues of Console PC in 2019?
Facts: 1,718; 1,920
Derivation: $1,920+1,718
Answer: 3638 million

Question: What is the total consolidated net revenues of Console PC in 2018?
Facts: 2,180; 2,538
Derivation: $2,538+2,180
Answer: 4718 million

Question: What is the percentage of total consolidated net revenues in 2019 that consists of net revenue from PC?
Facts: 1,718; 6,489
Derivation: ($1,718/$6,489)
Answer: 26.48 percent

Question: What was the cash amount in 2019?
Facts: 437
Answer: 437 million

Question: What was the foreign government treasure bills amount in 2019?
Facts: 37
Answer: 37 million

Question: What was the amount of cash and cash equivalents in 2018?
Facts: 4,225
Answer: 4,225 million

Question: What was the change in cash between 2018 and 2019?
Facts: 268; 437
Derivation: 437-268
Answer: 169 million

Question: What was the change in money market funds between 2018 and 2019?
Facts: 3,925; 5,320
Derivation: (5,320-3,925)
Answer: 1395 million

Question: What was the percentage change in cash and cash equivalents between 2018 and 2019?
Facts: 4,225; 5,794
Derivation: ($5,794-$4,225)/$4,225
Answer: 37.14 percent

Question: What was the total grant date fair value of vested RSUs in 2019?
Facts: $147 million
Answer: $147 million million

Question: What was the total grant date fair value of vested RSUs in 2018?
Facts: $120 million
Answer: $120 million million

Question: What was the income tax benefit from stock option exercises and RSU vestings in 2017?
Facts: $160 million
Answer: $160 million million

Question: What is the change in the number of unvested RSUs between 2018 and 2019?
Facts: 10,623; 9,328
Derivation: 9,328-10,623
Answer: -1295 thousand

Question: What is the difference in the weighted-average grant date fair value between granted and vested RSUs?
Facts: 45.55; 47.86
Derivation: 47.86-45.55
Answer: 2.31

Question: What is the difference in the weighted-average grant date fair value between granted and forfeited RSUs?
Facts: 45.55; 54.61
Derivation: 54.61-45.55
Answer: 9.06

Question: What were the product costs in 2019?
Facts: 656
Answer: 656 million

Question: What were the game operations and distribution costs in 2019?
Facts: 965
Answer: 965 million

Question: What was the total cost of revenues in 2018?
Facts: 2,517
Answer: 2,517 million

Question: What is the percentage change in product costs between 2018 and 2019?
Facts: 656; 719
Derivation: (656-719)/719
Answer: -8.76 percent

Question: What is the percentage change in game operations and distribution costs between 2018 and 2019?
Facts: 1,028; 965
Derivation: (965-1,028)/1,028
Answer: -6.13 percent

Question: What percentage of total cost of revenues in 2019 consists of product costs?
Facts: 2,094; 656
Derivation: (656/$2,094)
Answer: 31.33 percent

Question: How was the fair value of stock options granted estimated by?
Facts: using a binomial-lattice model.
Answer: using a binomial-lattice model.

Question: What was the expected life (in years) for 2019?
Facts: 7.85
Answer: 7.85

Question: What was the volatility in 2018?
Facts: 32.37%
Answer: 32.37%

Question: What was the change in volatility between 2018 and 2019?
Facts: 30.00; 32.37
Derivation: 30.00%-32.37%
Answer: -2.37 percent

Question: What was the change in risk free interest rate between 2017 and 2018?
Facts: 2.14; 3.10
Derivation: 3.10%-2.14%
Answer: 0.96 percent

Question: What was the percentage change in the weighted-average grant date fair value between 2018 and 2019?
Facts: 17.12; 21.03
Derivation: ($17.12-$21.03)/$21.03
Answer: -18.59 percent

Question: What does the loss on extinguishment comprise of?
Facts: a $25 million premium payment and a $15 million write-off of unamortized discount and deferred financing costs.
Answer: a $25 million premium payment and a $15 million write-off of unamortized discount and deferred financing costs.

Question: What was net income in 2019?
Facts: $1,503
Answer: $1,503 million

Question: What was net income in 2018?
Facts: $1,848
Answer: $1,848 million

Question: What is the percentage change in product costs between 2018 and 2019?
Facts: 656; 719
Derivation: (656-719)/719
Answer: -8.76 percent

Question: What is the percentage change in operating income between 2018 and 2019?
Facts: 1,607; 1,988
Derivation: (1,607-1,988)/1,988
Answer: -19.16 percent

Question: What is the difference in game operations and distribution costs between 2018 and 2019?
Facts: 1,028; 965
Derivation: (1,028-965)
Answer: 63 million

Question: What was the cost of revenues from product sales in 2019?
Facts: $19
Answer: $19 million

Question: What was the cost of revenues from product sales in 2018?
Facts: $13
Answer: $13 million

Question: What was the sales and marketing in 2017?
Facts: 15
Answer: 15 million

Question: What was the change in sales and marketing between 2018 and 2019?
Facts: 10; 15
Derivation: 10-15
Answer: -5 million

Question: What was the change in product development between 2018 and 2019?
Facts: 53; 61
Derivation: 53-61
Answer: -8 million

Question: What was the percentage change in General and administrative expenses between 2017 and 2018?
Facts: 115; 92
Derivation: (115-92)/92
Answer: 25 percent

Question: What is the Net revenues from external customers from Activision?
Facts: $2,458
Answer: $2,458 million

Question: What is the Net revenues from external customers from Blizzard?
Facts: $2,238
Answer: $2,238 million

Question: What is the total Segment net revenues?
Facts: $6,835
Answer: $6,835 million

Question: What is the difference in Net revenues from external customers between Activision and Blizzard?
Facts: 2,238; 2,458
Derivation: ($2,458-$2,238)
Answer: 220 million

Question: What percentage of the total Net revenues from external customers does King contribute?
Facts: 2,086; 6,782
Derivation: ($2,086/$6,782)
Answer: 30.76 percent

Question: What is the total segment operating income of Activision and King?
Facts: 1,011; 750
Derivation: $1,011+$750
Answer: 1761 million

Question: What does 'EMEA' consist of?
Facts: the Europe, Middle East, and Africa geographic regions
Answer: the Europe, Middle East, and Africa geographic regions

Question: What was the primary reason for the decrease in net revenues in the Americas region for 2019 compared to 2018?
Facts: lower revenues recognized from the Destiny franchise (reflecting our sale of the publishing rights for Destiny to Bungie in December 2018).
Answer: lower revenues recognized from the Destiny franchise (reflecting our sale of the publishing rights for Destiny to Bungie in December 2018).

Question: What was the net revenue from Americas in 2019?
Facts: $3,341
Answer: $3,341 million

Question: What was the total net revenues in 2019 of Americas and EMEA?
Facts: 2,239; 3,341
Derivation: ($3,341+2,239)
Answer: 5580 million

Question: What was the total net revenues in 2018 of Americas and EMEA?
Facts: 2,618; 3,880
Derivation: $3,880+2,618
Answer: 6498 million

Question: What percentage of consolidated net revenue in 2019 consists of net revenue from Americas?
Facts: 3,341; 6,489
Derivation: ($3,341/$6,489)
Answer: 51.49 percent

Question: What does intersegment revenues reflect?
Facts: licensing and service fees charged between segments.
Answer: licensing and service fees charged between segments.

Question: What is the segment operating income in 2019?
Facts: $2,054
Answer: $2,054 million

Question: What is the segment net revenues in 2018?
Facts: $6,835
Answer: $6,835 million

Question: What is the percentage change in segment net revenues between 2018 and 2019?
Facts: 5,969; 6,835
Derivation: ($5,969-$6,835)/$6,835
Answer: -12.67 percent

Question: What is the percentage change in segment operating income between 2018 and 2019?
Facts: 2,054; 2,446
Derivation: ($2,054-$2,446)/$2,446
Answer: -16.03 percent

Question: What is the change in revenues from non-reportable segments between 2018 and 2019?
Facts: 462; 480
Derivation: (462-480)
Answer: -18 million

Question: What does Net revenues from “Digital online channels” include?
Facts: revenues from digitally-distributed subscriptions, downloadable content, microtransactions, and products, as well as licensing royalties.
Answer: revenues from digitally-distributed subscriptions, downloadable content, microtransactions, and products, as well as licensing royalties.

Question: What does Net revenues from “Other” include?
Facts: revenues from our Distribution business and the Overwatch League.
Answer: revenues from our Distribution business and the Overwatch League.

Question: What was net revenues from retail channels in 2019?
Facts: 909
Answer: 909 million

Question: What is the total consolidated net revenue of Digital Online channels and Other in 2019?
Facts: 4,932; 648
Derivation: $4,932+648
Answer: 5580 million

Question: What is the total consolidated net revenue of Digital Online channels and Other in 2018?
Facts: 5,786; 607
Derivation: $5,786+607
Answer: 6393 million

Question: What percentage of total consolidated net revenue consists of Other in 2019?
Facts: 6,489; 648
Derivation: (648/$6,489)
Answer: 9.99 percent

Question: What is the cash and cash equivalents in 2019?
Facts: 5,794
Answer: 5,794 million

Question: What is the cash and cash equivalents in 2018?
Facts: 4,225
Answer: 4,225 million

Question: What were the short-term investments in 2019?
Facts: 69
Answer: 69 million

Question: What was the percentage change in cash and cash equivalents between 2018 and 2019? 
Facts: 4,225; 5,794
Derivation: ($5,794-$4,225)/$4,225
Answer: 37.14 percent

Question: What was the percentage change in Short-term investments between 2018 and 2019?
Facts: 155; 69
Derivation: (69-155)/155
Answer: -55.48 percent

Question: What percentage of total assets consists of short-term investments in 2019?
Facts: 5,863; 69
Derivation: 69/5,863
Answer: 1.18 percent

Question: What was the company's outstanding debt At both December 31, 2019 and December 31, 2018?
Facts: $2.7 billion
Answer: $2.7 billion billion

Question: What was the gross carrying amount in the 2021 Notes?
Facts: $650
Answer: $650 million

Question: What was the gross carrying amount in the 2022 Notes?
Facts: 400
Answer: 400 million

Question: What was the change in gross carrying amount between the 2021 and 2022 Notes?
Facts: 400; 650
Derivation: (650-400)
Answer: 250 million

Question: What is the sum of the 2 highest gross carrying amounts?
Facts: 650; 850
Derivation: (850+650)
Answer: 1500 million

Question: What is the percentage change in the net carrying amount between the 2022 Notes and 2026 Notes?
Facts: 398; 843
Derivation: (843-398)/398
Answer: 111.81 percent

Question: What do intersegment revenues reflect?
Facts: licensing and service fees charged between segments.
Answer: licensing and service fees charged between segments.

Question: What was the segment net revenue in 2019?
Facts: $5,969
Answer: $5,969 million

Question: What was the revenues from non-reportable segments in 2017?
Facts: 410
Answer: 410 million

Question: What was the percentage change in segment net revenues between 2018 and 2019?
Facts: 5,969; 6,835
Derivation: ($5,969-$6,835)/$6,835
Answer: -12.67 percent

Question: What was the percentage change in segment operating income before income tax expense between 2017 and 2018?
Facts: 2,417; 2,446
Derivation: ($2,446-$2,417)/$2,417
Answer: 1.2 percent

Question: What was the change in consolidated net revenues between 2018 and 2019?
Facts: 6,489; 7,500
Derivation: ($6,489-$7,500)
Answer: -1011 million

Question: What was the Valuation allowance for deferred tax assets at the beginning of the period of 2019?
Facts: $61
Answer: $61 million

Question: What was the Valuation allowance for deferred tax assets at the end of the period of 2019?
Facts: $181
Answer: $181 million

Question: What was the Allowances for sales returns and price protection and other allowances at the beginning of the period in 2018?
Facts: $274
Answer: $274 million

Question: What was the change in Valuation allowance for deferred tax assets between 2018 and 2019?
Facts: 181; 61
Derivation: $181-$61
Answer: 120 million

Question: What was the sum of Col. C Additions in 2018?
Facts: 24; 61
Derivation: $24+$61
Answer: 85 million

Question: What was the sum of balances at the end of the period in 2019?
Facts: 118; 181
Derivation: $118+$181
Answer: 299 million