乐天堂fun88(中国区)官方网站

Annual report pursuant to Section 13 and 15(d)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

v3.19.3.a.u2
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2019
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
Schedule of estimated useful lives of intangible assets or life of the related agreement

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Patents and technology

5 - 30听years

Trademarks

9 - 30听years

Licenses and other agreements

5 - 15听years

Other intangibles

5 - 15听years

Schedule of basic and diluted income (loss) per share

Basic and diluted income per share is determined using the following information (in millions):

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Year ended December听31,听

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2019

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2018

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2017

Numerator:

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Basic and diluted income from continuing operations:

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Income from continuing operations attributable to 乐天堂fun88(中国区)官方网站 Corporation

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$

393

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$

608

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$

406

Basic and diluted net income:

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Net income attributable to 乐天堂fun88(中国区)官方网站 Corporation

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$

562

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$

337

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$

636

Denominator:

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Weighted average shares outstanding

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228.9

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238.1

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238.4

Dilutive shares:

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Stock-based awards

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1.7

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3.5

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5.5

Total weighted average shares outstanding, including dilutive shares

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230.6

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241.6

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243.9

Schedule of estimated useful lives or lease term of property, plant and equipment

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Buildings and equipment

5 - 50听years

Plant and equipment

3 - 30听years

Furniture, fixtures and leasehold improvements

5 - 20听years