Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.21.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2021
Segment Information  
Schedule of disaggregation of revenue

Three months ended

March 31,

2021

    

2020

amounts in millions

Hotels, Media & Platform

TripAdvisor-branded hotels

$

74

137

TripAdvisor-branded display and platform

14

32

Total Hotels, Media & Platform

88

169

Experiences & Dining

28

83

Corporate and other

7

26

Total Revenue

$

123

278

Schedule of contract balances

March 31, 2021

December 31, 2020

amounts in millions

Accounts receivable

$

73

70

Contract assets

24

13

Total

$

97

83

Schedule of performance measures

Three months ended

 

March 31,

2021

2020

 

amounts in millions

Hotels, Media & Platform

    

$

(3)

    

53

Experiences & Dining

(24)

(19)

Corporate and other

 

(2)

 

1

Consolidated TripCo

$

(29)

 

35

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

Three months ended

March 31,

2021

2020

amounts in millions

Adjusted OIBDA

    

$

(29)

    

35

Stock-based compensation

 

(30)

 

(27)

Depreciation and amortization

 

(38)

 

(43)

Restructuring charges

(9)

Operating income (loss)

(97)

(44)

Interest expense

 

(11)

 

(7)

Realized and unrealized gains (losses), net

(65)

2

Other, net

 

(2)

 

(3)

Earnings (loss) before income taxes

$

(175)

 

(52)