Equity-Method Investments (Tables)

12 Months Ended

Dec. 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):

	Year Ended December 31,
	2014			2013			2012
Statement of Operations:
Revenue	$	231		$	302		$	347
Gross profit	194			253			280
Operating expenses	296			282			367
Operating loss from continuing operations	(102		)	(29		)	(87		)
Net loss from continuing operations	(73		)	(16		)	(79		)
Net income (loss) from discontinued operations, net of tax (1)	173			(156		)	(574		)
Net income (loss)	$	100		$	(172	)	$	(653	)

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(1) In January 2014, LivingSocial completed the sale of its Korean operations for approximately $260 million and, in the first quarter of 2014, 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, and certain other operations, as discontinued operations.

	December 31,
	2014		2013
Balance Sheet:
Current assets	$	163	$	182
Non-current assets	29		61
Current liabilities	137		301
Non-current liabilities	34		33
Redeemable stock	366		315