v3.22.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 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 $ 417 $ 235 $ 679 $ 358
Operating costs and expenses:        
Operating expense, including stock-based compensation (note 3) 84 73 160 140
Selling, general and administrative, including stock-based compensation (note 3) 248 173 431 288
Depreciation and amortization 25 38 50 76
Total operating costs and expenses 357 284 641 504
Operating income (loss) 60 (49) 38 (146)
Other income (expense):        
Interest expense (16) (16) (33) (27)
Realized and unrealized gains (losses) on financial instruments, net 71 172 59 107
Other, net (2) 1 (3) (1)
Total other income (expense) 53 157 23 79
Earnings (loss) before income taxes 113 108 61 (67)
Income tax (expense) benefit (22) 6 (23) 23
Net earnings (loss) 91 114 38 (44)
Less net earnings (loss) attributable to noncontrolling interests 24 (39) (2) (107)
Net earnings (loss) attributable to Liberty TripAdvisor Holdings, Inc. shareholders 67 153 40 63
Net earnings (loss) available to common shareholders (note 4) $ 67 $ 153 $ 40 $ (307)
Basic net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 4): $ 0.88 $ 2.01 $ 0.53 $ (4.09)
Diluted net earnings (loss) attributable to Series A and Series B Liberty TripAdvisor Holdings, Inc. shareholders per common share (note 4): $ 0.87 $ 1.96 $ 0.52 $ (4.09)

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