Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.20.2
Segment Information (Tables)
6 Months Ended
Jun. 30, 2020
Segment Information  
Schedule of disaggregation of revenue

Three months ended

Six months ended

June 30,

June 30,

2020

    

2019

2020

    

2019

amounts in millions

Hotels, Media & Platform

TripAdvisor-branded hotels

$

31

211

168

427

TripAdvisor-branded display and platform

7

43

39

81

Total Hotels, Media & Platform

38

254

207

508

Experiences & Dining

14

125

97

206

Corporate and other

7

43

33

84

Total Revenue

$

59

422

337

798

Schedule of contract balances

June 30, 2020

December 31, 2019

amounts in millions

Accounts receivable

$

69

176

Contract assets

5

7

Total

$

74

183

Schedule of performance measures

Three months ended

 

Six months ended

June 30,

June 30,

2020

2019

 

2020

2019

amounts in millions

Hotels, Media & Platform

    

$

(33)

    

108

20

    

212

Experiences & Dining

(38)

7

(57)

(17)

Corporate and other

 

(5)

 

10

(4)

 

18

Consolidated TripCo

$

(76)

 

125

(41)

 

213

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

Three months ended

Six months ended

June 30,

June 30,

2020

2019

2020

2019

amounts in millions

Adjusted OIBDA

    

$

(76)

    

125

    

(41)

    

213

Stock-based compensation

 

(25)

 

(33)

(52)

 

(63)

Depreciation and amortization

 

(42)

 

(41)

(85)

 

(83)

Restructuring charges

(33)

(42)

Impairment of goodwill and intangible assets

(547)

(547)

Operating income (loss)

(723)

51

(767)

67

Interest expense

 

(7)

 

(6)

(14)

 

(11)

Other, net

 

(24)

 

9

(25)

 

14

Earnings (loss) before income taxes

$

(754)

 

54

(806)

 

70