Liberty TripAdvisor Holdings, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

Segment Information (Tables)

3 Months Ended

Mar. 31, 2019

Segment Information

Schedule of disaggregation of revenue


		Three months ended
		March 31,
		2019			2018
		(in millions)
Hotels, Media & Platform
TripAdvisor-branded hotels		$	216		217
TripAdvisor-branded display and platform			38		36
Total Hotels, Media & Platform			254		253

Experiences & Dining			80		62
Corporate and other			42		63
Total Revenue		$	376		378

Schedule of contract balances

The following table provides information about the opening and closing balances of accounts receivable and contract assets from contracts with customers (in millions):


		March 31,			December 31,
		2019			2018
Accounts receivable		$	227		205
Contract assets			9		7
Total		$	236		212

Schedule of performance measures


		Three months ended
		March 31,
		2019			2018
		amounts in millions
Hotels, Media & Platforms		$	105		77
Experiences & Dining			(24)		(4)
Corporate and other			7		5
Consolidated TripCo		$	88		78

Reconciliation of consolidated Adjusted OIBDA to operating income and earnings (loss) before income taxes


		Three months ended
		March 31,
		2019			2018
		amounts in millions
Consolidated segment Adjusted OIBDA		$	88		78
Stock-based compensation			(30)		(30)
Depreciation and amortization			(42)		(39)
Operating income (loss)			16		9
Interest expense			(5)		(6)
Realized and unrealized gain (losses) on financial instruments, net			1		(23)
Other, net			4		1
Earnings (loss) before income taxes		$	16		(19)