Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.21.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2021
Segment Information  
Schedule of disaggregation of revenue

Three months ended

Six months ended

June 30,

June 30,

2021

    

2020

2021

    

2020

amounts in millions

Hotels, Media & Platform

TripAdvisor-branded hotels

$

131

31

205

168

TripAdvisor-branded display and platform

25

7

40

39

Total Hotels, Media & Platform

156

38

245

207

Experiences & Dining

68

14

95

97

Corporate and other

11

7

18

33

Total Revenue

$

235

59

358

337

Schedule of contract balances

June 30, 2021

December 31, 2020

amounts in millions

Accounts receivable

$

114

70

Contract assets

45

13

Total

$

159

83

Schedule of performance measures

Three months ended

 

Six months ended

June 30,

June 30,

2021

2020

 

2021

2020

amounts in millions

Hotels, Media & Platform

    

$

33

    

(33)

30

    

20

Experiences & Dining

(12)

(38)

(35)

(57)

Corporate and other

 

1

 

(5)

(2)

 

(4)

Consolidated TripCo

$

22

 

(76)

(7)

 

(41)

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

Three months ended

Six months ended

June 30,

June 30,

2021

2020

2021

2020

amounts in millions

Adjusted OIBDA

    

$

22

    

(76)

    

(7)

    

(41)

Stock-based compensation

 

(33)

 

(25)

(63)

 

(52)

Depreciation and amortization

 

(38)

 

(42)

(76)

 

(85)

Restructuring charges

(33)

(42)

Impairment of goodwill and intangible assets

(547)

(547)

Operating income (loss)

(49)

(723)

(146)

(767)

Interest expense

 

(16)

 

(7)

(27)

 

(14)

Realized and unrealized gains (losses), net

172

(2)

107

Other, net

 

1

 

(22)

(1)

 

(25)

Earnings (loss) before income taxes

$

108

 

(754)

(67)

 

(806)