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7. billion
A thousand millions
1. Billion
I believe in the UK a "billion" means a million millions (e.g. 10^12 rather than 10^9)
Pretty self-explanatory.
2. billion
America and most other non-british-colonized countries (let's not debate about that): 1,000,000,000
: 1 thousand Million

Australia, The Uk etc. : 1,000,000,000,000
: 1 Million Million
"In America it is easier to make a billion dollars then in Australia"
3. billions
How many people Lex Luthor is going to kill.
Lois Lane: But millions of people will die!
Lex Luthor: BILLIONS!
4. billion
In English speaking countries means 10^9, in all other languages and countries except Brazilian Portuguese means 10^12. This is because English speaking nations use the short scale, where new notation is used when multiplied by 1000, rather than the long scale where its when multiplied by a million.
In English speaking countries, a billion times a thousand is a trillion. In non English speaking countries, a billion times a thousand is a billiard, which times a thousand THEN becomes a trillion.

5. billion
Most everywhere: One thousand millions;
1,000,000,000

Also meant to exaggerate.
I've seen that movie a billion times.