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Equity-Method Investments (Tables)
 3 Months Ended
Mar. 31, 2014
Equity Method Investments and Joint Ventures [Abstract]  
Equity Method Investments Summarized Financial Information
LivingSocial’s summarized condensed financial information, as provided to us by LivingSocial, is as follows (in millions):
 
  
Three Months Ended 
 March 31,
 
2014
 
2013
Statement of Operations:
 
 
 
Revenue
$
77

 
$
108

Gross profit
62

 
82

Operating expenses
98

 
107

Operating loss from continuing operations
(36
)
 
(25
)
Net loss from continuing operations
(26
)
 
(26
)
Net income (loss) from discontinued operations (1)
203

 
(19
)
Net income (loss)
$
177

 
$
(45
)
___________________
(1)
In January 2014, LivingSocial completed the sale of its Korean operations for approximately $260 million and recognized a gain on disposal of $205 million, net of tax. The statement of operations information above has been recast to present the Korean operations as discontinued operations.