Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.20.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Condensed Consolidated Statements of Operations    
Total revenue, net $ 278 $ 376
Revenue, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses:    
Operating expense, including stock-based compensation (note 2) $ 92 $ 94
Selling, general and administrative, including stock-based compensation (note 2) 187 224
Depreciation and amortization 43 42
Total operating costs and expenses 322 360
Operating income (loss) (44) 16
Other income (expense):    
Interest expense (7) (5)
Other, net (1) 5
Total other income (expense) (8)  
Earnings (loss) before income taxes (52) 16
Income tax (expense) benefit 14 (5)
Net earnings (loss) (38) 11
Less net earnings (loss) attributable to noncontrolling interests (19) 13
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. common shareholders (19) (2)
Net earnings (loss) available to common stockholders (note 3) $ (25) $ (2)
Basic net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 3) $ (0.33) $ (0.03)
Diluted net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 3): $ (0.33) $ (0.03)