Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.10.0.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Total revenues $ 458 $ 439 $ 1,269 $ 1,248
Operating costs and expenses:        
Operating expense, including stock-based compensation (note 3) 95 80 274 256
Selling, general and administrative, including stock-based compensation (note 3) 249 293 758 809
Depreciation and amortization 38 50 118 161
Total operating costs and expenses 382 423 1,150 1,226
Operating income (loss) 76 16 119 22
Other income (expense):        
Interest expense (8) (6) (20) (18)
Realized and unrealized gains (losses) on financial instruments, net 9 (9) (56) 10
Gain (loss) on dispositions, net (note 1)       (18)
Other, net 1 (1) 2 2
Total other income (expense) 2 (16) (74) (24)
Earnings (loss) before income taxes 78   45 (2)
Income tax (expense) benefit (21) (7) (45) (21)
Net earnings (loss) 57 (7)   (23)
Less net earnings (loss) attributable to noncontrolling interests 43 6 56 5
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. shareholders $ 14 $ (13) $ (56) $ (28)
Basic net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 4): $ 0.19 $ (0.17) $ (0.75) $ (0.37)
Diluted net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 4): $ 0.19 $ (0.17) $ (0.75) $ (0.37)
Service        
Total revenues $ 458 $ 439 $ 1,269 $ 1,235
Other        
Total revenues       $ 13