Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.19.3
Segment Information (Tables)
9 Months Ended
Sep. 30, 2019
Segment Information  
Schedule of disaggregation of revenue

Three months ended

Nine months ended

September 30,

September 30,

2019

    

2018

2019

    

2018

amounts in millions

Hotels, Media & Platform

TripAdvisor-branded hotels

$

197

229

624

677

TripAdvisor-branded display and platform

41

41

122

118

Total Hotels, Media & Platform

238

270

746

795

Experiences & Dining

141

118

346

278

Corporate and other

49

70

133

196

Total Revenue

$

428

458

1,225

1,269

Schedule of contract balances

September 30, 2019

December 31, 2018

amounts in millions

Accounts receivable

$

212

205

Contract assets

6

7

Total

$

218

212

Schedule of performance measures

Three months ended

 

Nine months ended

September 30,

September 30,

2019

2018

 

2019

2018

amounts in millions

Hotels, Media & Platform

    

$

93

    

97

306

    

259

Experiences & Dining

15

28

(1)

39

Corporate and other

 

20

 

20

36

 

33

Consolidated TripCo

$

128

 

145

341

 

331

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

Three months ended

Nine months

September 30,

ended September 30,

2019

2018

2019

2018

amounts in millions

Adjusted OIBDA

    

$

128

    

145

    

341

    

331

Stock-based compensation

 

(31)

 

(31)

(94)

 

(94)

Depreciation and amortization

 

(42)

 

(38)

(125)

 

(118)

Operating income (loss)

55

76

122

119

Interest expense

 

(5)

 

(8)

(16)

 

(20)

Realized and unrealized gain (losses) on financial instruments, net

 

14

 

9

20

 

(56)

Other, net

 

5

 

1

13

 

2

Earnings (loss) before income taxes

$

69

 

78

139

 

45