v3.22.2.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Condensed 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 $ 459 $ 303 $ 1,138 $ 661
Operating costs and expenses:        
Operating expense, including stock-based compensation (note 3) 87 75 247 215
Selling, general and administrative, including stock-based compensation (note 3) 283 188 714 476
Depreciation and amortization 23 36 73 112
Total operating costs and expenses 393 299 1,034 803
Operating income (loss) 66 4 104 (142)
Other income (expense):        
Interest expense (16) (16) (49) (43)
Realized and unrealized gains (losses) on financial instruments, net (24) 82 35 189
Other, net 1 (1) (2) (2)
Total other income (expense) (39) 65 (16) 144
Earnings (loss) before income taxes 27 69 88 2
Income tax (expense) benefit (38) (1) (61) 22
Net earnings (loss) (11) 68 27 24
Less net earnings (loss) attributable to noncontrolling interests 19 (4) 17 (111)
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. shareholders (30) 72 10 135
Net earnings (loss) available to common shareholders (note 4) $ (30) $ 72 $ 10 $ (235)
Basic net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 4): $ (0.39) $ 0.95 $ 0.13 $ (3.13)
Diluted net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 4): $ (0.39) $ 0.94 $ 0.13 $ (3.13)

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