Includes disc, case, outer sleeve, and insert.  The license number is included but I covered it for obvious reasons in the photo.  From everything I've read it looks like you can reuse the license / serial, however please do your own research.  This is sold as-is untested with no returns.

Disc is in beautiful condition.  Case has a crack and no longer fully holds closed, however the outer sleeve holds it closed anyway.  Some general wear to packaging but disc looks fantastic.