Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

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

Three months ended

Nine months ended

September 30,

September 30,

2021

    

2020

2021

    

2020

amounts in millions

Hotels, Media & Platform

TripAdvisor-branded hotels

$

143

67

348

235

TripAdvisor-branded display and platform

29

13

69

52

Total Hotels, Media & Platform

172

80

417

287

Experiences & Dining

114

53

209

150

Corporate and other

17

18

35

51

Total Revenue

$

303

151

661

488

Schedule of contract balances

September 30, 2021

December 31, 2020

amounts in millions

Accounts receivable

$

151

70

Contract assets

47

13

Total

$

198

83

Schedule of performance measures

Three months ended

 

Nine months ended

September 30,

September 30,

2021

2020

 

2021

2020

amounts in millions

Hotels, Media & Platform

    

$

51

    

4

81

    

25

Experiences & Dining

10

1

(26)

(56)

Corporate and other

 

9

 

9

8

 

4

Consolidated TripCo

$

70

 

14

63

 

(27)

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

Three months ended

Nine months ended

September 30,

September 30,

2021

2020

2021

2020

amounts in millions

Adjusted OIBDA

    

$

70

    

14

    

63

    

(27)

Stock-based compensation

 

(30)

 

(29)

(93)

 

(81)

Depreciation and amortization

 

(36)

 

(41)

(112)

 

(126)

Restructuring charges

(42)

Impairment of goodwill and intangible assets

(3)

(550)

Operating income (loss)

4

(59)

(142)

(826)

Interest expense

 

(16)

 

(13)

(43)

 

(27)

Realized and unrealized gains (losses), net

82

(1)

189

(1)

Other, net

 

(1)

 

1

(2)

 

(24)

Earnings (loss) before income taxes

$

69

 

(72)

2

 

(878)