CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022		Dec. 31, 2021		Dec. 31, 2020
OPERATING ACTIVITIES
Net income (loss)	$ 2,358		$ 1,099		$ (267)
Adjustments to reconcile to cash provided by operating activities:
Depreciation, amortization, and other	282		295		478
Stock-based compensation	192		182		201
Income taxes	280		(281)		(478)
Contract acquisition costs	(149)		(210)		(142)
Restructuring, merger-related charges, and other	(8)		(10)		200
Working capital changes	(542)		110		(28)
Loss on extinguishment of debt	0		164		0
Deferred revenue changes and other	69		(144)		1,140
Net cash provided by operating activities	2,363		1,177		1,639
INVESTING ACTIVITIES
Capital and technology expenditures	(332)		(183)		(135)
Dispositions	1		12		260
Loan advances	(11)		(13)		(41)
Loan collections	14		40		8
Other	31		(43)		(57)
Net cash (used in) provided by investing activities	(297)		(187)		35
FINANCING ACTIVITIES
Commercial paper/Credit Facility, net	(182)		150		(2,290)
Issuance of long-term debt	983		1,793		3,561
Repayment of long-term debt	(804)		(2,174)		(1,887)
Issuance of Class A Common Stock	0		2		0
Debt extinguishment costs	0		(155)		0
Dividends paid	(321)		0		(156)
Purchase of treasury stock	(2,566)		0		(150)
Stock-based compensation withholding taxes	(89)		(90)		(103)
Other	17		11		(8)
Net cash used in financing activities	(2,962)		(463)		(1,033)
(DECREASE) INCREASE IN CASH, CASH EQUIVALENTS, AND RESTRICTED CASH	(896)		527		641
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, beginning of period	1,421	[1]	894		253
CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, end of period	525	[1]	1,421	[1]	894
Restricted cash	18		28
Guest loyalty program
Adjustments to reconcile to cash provided by operating activities:
Liability for guest loyalty program	$ (119)		$ (28)		$ 535

[1] The 2022 amounts include beginning restricted cash of $28 million at December 31, 2021 and ending restricted cash of $18 million at December 31, 2022, which we present in the “Prepaid expenses and other” and “Other noncurrent assets” captions of our Balance Sheets.