Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.19.1
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Consolidated Statements of Operations    
Total revenue, net $ 376 $ 378
Type of Revenue [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember
Operating costs and expenses:    
Operating expense, including stock-based compensation (note 2) $ 94 $ 87
Selling, general and administrative, including stock-based compensation (note 2) 224 243
Depreciation and amortization 42 39
Total operating costs and expenses 360 369
Operating income (loss) 16 9
Other income (expense):    
Interest expense (5) (6)
Realized and unrealized gains (losses) on financial instruments, net 1 (23)
Other, net 4 1
Total other income (expense)   (28)
Earnings (loss) before income taxes 16 (19)
Income tax (expense) benefit (5) (16)
Net earnings (loss) 11 (35)
Less net earnings (loss) attributable to the noncontrolling interests 13 (4)
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. shareholders $ (2) $ (31)
Basic net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 3): $ (0.03) $ (0.41)
Diluted net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 3): $ (0.03) $ (0.41)