v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Consolidated Statements of Operations        
Revenue, Product and Service [Extensible List] us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember us-gaap:ServiceMember
Total revenue, net $ 303 $ 151 $ 661 $ 488
Operating costs and expenses:        
Operating expense, including stock-based compensation (note 2) 75 59 215 208
Selling, general and administrative, including stock-based compensation (note 2) 188 107 476 388
Depreciation and amortization 36 41 112 126
Restructuring and other related reorganization costs       42
Impairment of goodwill and intangible assets   3 550
Total operating costs and expenses 299 210 803 1,314
Operating income (loss) 4 (59) (142) (826)
Other income (expense):        
Interest expense (16) (13) (43) (27)
Realized and unrealized gains (losses) on financial instruments, net 82 (1) 189 (1)
Other, net (1) 1 (2) (24)
Total other income (expense) 65 (13) 144 (52)
Earnings (loss) before income taxes 69 (72) 2 (878)
Income tax (expense) benefit (1) 12 22 115
Net earnings (loss) 68 (60) 24 (763)
Less net earnings (loss) attributable to noncontrolling interests (4) (43) (111) (563)
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. shareholders 72 (17) 135 (200)
Net earnings (loss) available to common shareholders (note 3) $ 72 $ (34) $ (235) $ (247)
Basic net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 3): $ 0.95 $ (0.45) $ (3.13) $ (3.29)
Diluted net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 3): $ 0.94 $ (0.45) $ (3.13) $ (3.29)

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