Annual report pursuant to Section 13 and 15(d)

Condensed Consolidated Statements of Operations

v3.6.0.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Service Revenue, Net $ 1,480 $ 1,492 $ 1,246
Other Revenue, Net 52 73 83
Total revenue, net 1,532 1,565 1,329
Operating costs and expenses:      
Operating expense, including stock-based compensation (note 2) 369 345 294
Selling, general and administrative, including stock-based compensation 918 935 667
Depreciation and amortization 222 268 298
Impairment of intangible assets   2 2
Total operating costs and expenses 1,509 1,550 1,261
Operating income (loss) 23 15 68
Other income (expense):      
Interest expense (25) (28) (13)
Realized and unrealized gains (losses) on financial instruments, net 53 2 1
Other, net (5) 15 (12)
Total other income (expense) 23 (11) (24)
Earnings (loss) before income taxes 46 4 44
Income tax (expense) benefit 1 10 (35)
Net earnings (loss) 47 14 9
Less net earnings (loss) attributable to noncontrolling interests 26 54 31
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. shareholders $ 21 $ (40) $ (22)
Earnings Per Share, Basic $ 0.28 $ (0.53) $ (0.30)
Earnings Per Share, Diluted $ 0.28 $ (0.53) $ (0.30)