Quarterly report pursuant to Section 13 or 15(d)

Goodwill and Other Intangible Assets (Tables)

v3.20.2
Goodwill and Other Intangible Assets (Tables)
9 Months Ended
Sep. 30, 2020
Goodwill and Other Intangible Assets  
Schedule of changes in the carrying amount of goodwill

Hotels, Media & Platform

Experiences & Dining

Corporate and other

Total

(in millions)

Balance at January 1, 2020

$

1,923

333

271

2,527

Allocation to new segment (1)

6

(6)

Impairments (2)

(279)

(21)

(300)

Dispositions (3)

(18)

(18)

Other (4)

13

(1)

12

Balance at September 30, 2020

$

1,650

346

225

2,221

(1) Re-allocation of goodwill as a result of changes to reporting units related to Tripadvisor internal restructuring.
(2) TripCo recorded an $18 million goodwill impairment related to a business that was sold in June 2020, and an additional $3 million goodwill impairment during the third quarter of 2020 as a result of strategic decisions made regarding Tripadvisor’s China business. See discussion of the Hotels, Media & Platform reporting unit impairment below.
(3) Dispositions relates to the sale of the aforementioned Tripadvisor business.
(4) Other changes primarily relate to immaterial acquisitions and foreign currency translation on goodwill.