Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

v3.22.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2022
Segment Information  
Schedule of disaggregation of revenue

Three months ended

March 31,

2022

    

2021

amounts in millions

Hotels, Media & Platform

TripAdvisor-branded hotels

$

136

74

TripAdvisor-branded display and platform

24

14

Total Hotels, Media & Platform

160

88

Experiences & Dining

92

28

Corporate and other

10

7

Total Revenue

$

262

123

Schedule of contract balances

March 31, 2022

December 31, 2021

amounts in millions

Accounts receivable

$

132

105

Contract assets

48

37

Total

$

180

142

Schedule of performance measures

Three months ended

 

March 31,

2022

2021

 

amounts in millions

Hotels, Media & Platform

    

$

46

    

(3)

Experiences & Dining

(22)

(24)

Corporate and other

 

1

 

(2)

Consolidated TripCo

$

25

 

(29)

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

Three months ended

March 31,

2022

2021

amounts in millions

Adjusted OIBDA

    

$

25

    

(29)

Stock-based compensation

 

(22)

 

(30)

Depreciation and amortization

 

(25)

 

(38)

Operating income (loss)

(22)

(97)

Interest expense

 

(17)

 

(11)

Realized and unrealized gains (losses), net

(12)

(65)

Other, net

 

(1)

 

(2)

Earnings (loss) before income taxes

$

(52)

 

(175)