Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

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

Three months ended

Nine months ended

September 30,

September 30,

2020

    

2019

2020

    

2019

amounts in millions

Hotels, Media & Platform

TripAdvisor-branded hotels

$

67

197

235

624

TripAdvisor-branded display and platform

13

41

52

122

Total Hotels, Media & Platform

80

238

287

746

Experiences & Dining

53

141

150

346

Corporate and other

18

49

51

133

Total Revenue

$

151

428

488

1,225

Schedule of contract balances

September 30, 2020

December 31, 2019

amounts in millions

Accounts receivable

$

80

176

Contract assets

11

7

Total

$

91

183

Schedule of performance measures

Three months ended

 

Nine months ended

September 30,

September 30,

2020

2019

 

2020

2019

amounts in millions

Hotels, Media & Platform

    

$

4

    

93

25

    

306

Experiences & Dining

1

15

(56)

(1)

Corporate and other

 

9

 

20

4

 

36

Consolidated TripCo

$

14

 

128

(27)

 

341

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

Three months ended

Nine months ended

September 30,

September 30,

2020

2019

2020

2019

amounts in millions

Adjusted OIBDA

    

$

14

    

128

    

(27)

    

341

Stock-based compensation

 

(29)

 

(31)

(81)

 

(94)

Depreciation and amortization

 

(41)

 

(42)

(126)

 

(125)

Restructuring charges

(42)

Impairment of goodwill and intangible assets

(3)

(550)

Operating income (loss)

(59)

55

(826)

122

Interest expense

 

(13)

 

(5)

(27)

 

(16)

Other, net

 

 

19

(25)

 

33

Earnings (loss) before income taxes

$

(72)

 

69

(878)

 

139