Guarantor and Non-Guarantor Supplemental Financial Information (Tables)

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Statement of Operations Information

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Year Ended December 31, 2016

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(In thousands)
Revenue	$	—		$	6,807,279		$	2,267,516		$	(301,231	)	$	8,773,564
Costs and expenses:
Cost of revenue	—			1,263,828			346,200			(13,330		)	1,596,698
Selling and marketing	—			3,071,762			1,583,993			(288,338		)	4,367,417
Technology and content	—			903,444			331,230			345			1,235,019
General and administrative	—			429,015			249,185			92			678,292
Amortization of intangible assets	—			248,634			68,507			—			317,141
Impairment of intangible assets	—			—			34,890			—			34,890
Legal reserves, occupancy tax and other	—			26,498			—			—			26,498
Restructuring and related reorganization charges	—			30,322			25,585			—			55,907
Intercompany (income) expense, net	—			656,273			(656,273		)	—			—
Operating income	—			177,503			284,199			—			461,702
Other income (expense):
Equity in pre-tax earnings of consolidated subsidiaries	383,883			286,016			—			(669,899		)	—
Other, net	(162,455		)	(21,206		)	(1,441		)	—			(185,102		)
Total other income, net	221,428			264,810			(1,441		)	(669,899		)	(185,102		)
Income before income taxes	221,428			442,313			282,758			(669,899		)	276,600
Provision for income taxes	60,420			(50,168		)	(25,567		)	—			(15,315		)
Net income	281,848			392,145			257,191			(669,899		)	261,285
Net loss attributable to non-controlling interests	—			—			20,563			—			20,563
Net income attributable to Expedia, Inc.	$	281,848		$	392,145		$	277,754		$	(669,899	)	$	281,848
Comprehensive income attributable to Expedia, Inc.	$	280,297		$	373,649		$	238,299		$	(611,948	)	$	280,297

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Year Ended December 31, 2015

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries(1)			Eliminations			Consolidated
	(In thousands)
Revenue	$	—		$	5,194,549		$	1,682,677		$	(204,909	)	$	6,672,317
Costs and expenses:
Cost of revenue	—			1,009,785			308,463			(8,689		)	1,309,559
Selling and marketing	—			2,347,919			1,230,059			(196,892		)	3,381,086
Technology and content	—			584,560			245,495			189			830,244
General and administrative	—			373,162			200,268			483			573,913
Amortization of intangible assets	—			58,524			97,934			—			156,458
Impairment of intangibles	—			—			7,207			—			7,207
Legal reserves, occupancy tax and other	—			(104,587		)	—			—			(104,587		)
Restructuring and related reorganization charges	—			76,422			28,449			—			104,871
Intercompany (income) expense, net	—			742,010			(742,010		)	—			—
Operating income	—			106,754			306,812			—			413,566
Other income (expense):
Equity in pre-tax earnings of consolidated subsidiaries	839,779			870,108			—			(1,709,887		)	—
Gain on sale of business	—			—			508,810			—			508,810
Other, net	(119,451		)	64,576			58,461			—			3,586
Total other income (expense), net	720,328			934,684			567,271			(1,709,887		)	512,396
Income before income taxes	720,328			1,041,438			874,083			(1,709,887		)	925,962
Provision for income taxes	44,137			(194,251		)	(53,100		)	—			(203,214		)
Net income	764,465			847,187			820,983			(1,709,887		)	722,748
Net loss attributable to non-controlling interests	—			—			41,717			—			41,717
Net income attributable to Expedia, Inc.	$	764,465		$	847,187		$	862,700		$	(1,709,887	)	$	764,465
Comprehensive income attributable to Expedia, Inc.	$	763,202		$	822,898		$	742,132		$	(1,709,887	)	$	618,345

___________________________________

(1) Includes results through our disposal of eLong on May 22, 2015.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Year Ended December 31, 2014

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(In thousands)
Revenue	$	—		$	4,500,723		$	1,389,979		$	(127,217	)	$	5,763,485
Costs and expenses:
Cost of revenue	—			898,647			274,788			5,646			1,179,081
Selling and marketing	—			1,913,719			1,027,798			(133,188		)	2,808,329
Technology and content	—			472,762			213,159			233			686,154
General and administrative	—			243,793			181,228			352			425,373
Amortization of intangible assets	—			1,848			74,925			—			76,773
Impairment of intangible assets	—			—			2,842						2,842
Legal reserves, occupancy tax and other	—			41,539			—			—			41,539
Restructuring and related reorganization charges	—			5,020			20,610			—			25,630
Intercompany (income) expense, net	—			666,675			(666,415		)	(260		)	—
Operating income	—			256,720			261,044			—			517,764
Other income (expense):
Equity in pre-tax earnings of consolidated subsidiaries	455,831			282,769			—			(738,600		)	—
Other, net	(91,569		)	34,223			4,223			—			(53,123		)
Total other income (expense), net	364,262			316,992			4,223			(738,600		)	(53,123		)
Income before income taxes	364,262			573,712			265,267			(738,600		)	464,641
Provision for income taxes	33,835			(110,929		)	(14,597		)	—			(91,691		)
Net income	398,097			462,783			250,670			(738,600		)	372,950
Net loss attributable to non-controlling interests	—			—			25,147			—			25,147
Net income attributable to Expedia, Inc.	$	398,097		$	462,783		$	275,817		$	(738,600	)	$	398,097
Comprehensive income attributable to Expedia, Inc.	$	398,097		$	463,075		$	118,554		$	(738,600	)	$	241,126

Schedule of Balance Sheet Information

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2016

	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(In thousands)
ASSETS
Total current assets	$	293,759	$	2,535,711	$	1,829,191	$	(1,208,410	)	$	3,450,251
Investment in subsidiaries	9,536,273		3,410,687		—		(12,946,960		)	—
Intangible assets, net	—		1,921,519		525,133		—			2,446,652
Goodwill	—		6,392,479		1,549,544		—			7,942,023
Other assets, net	4,107		1,608,218		331,818		(5,523		)	1,938,620
TOTAL ASSETS	$	9,834,139	$	15,868,614	$	4,235,686	$	(14,160,893	)	$	15,777,546
LIABILITIES AND STOCKHOLDERS’ EQUITY
Total current liabilities	$	981,700	$	5,733,755	$	620,153	$	(1,208,410	)	$	6,127,198
Long-term debt	3,159,336		—		—		—			3,159,336
Other liabilities	—		629,634		173,798		(5,523		)	797,909
Stockholders’ equity	5,693,103		9,505,225		3,441,735		(12,946,960		)	5,693,103
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	9,834,139	$	15,868,614	$	4,235,686	$	(14,160,893	)	$	15,777,546

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2015

	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(In thousands)
ASSETS
Total current assets	$	230,840	$	2,261,450	$	1,201,064	$	(717,093	)	$	2,976,261
Investment in subsidiaries	8,420,890		3,106,719		—		(11,527,609		)	—
Intangible assets, net	—		1,974,968		818,986		—			2,793,954
Goodwill	—		5,859,457		2,133,484		—			7,992,941
Other assets, net	33		1,381,837		354,482		(13,833		)	1,722,519
TOTAL ASSETS	$	8,651,763	$	14,584,431	$	4,508,016	$	(12,258,535	)	$	15,485,675
LIABILITIES AND STOCKHOLDERS’ EQUITY
Total current liabilities	$	538,856	$	5,511,639	$	592,615	$	(717,093	)	$	5,926,017
Long-term debt	3,183,140		—		—		—			3,183,140
Other liabilities	—		620,685		181,421		(13,833		)	788,273
Redeemable non-controlling interests	—		—		658,478		—			658,478
Stockholders’ equity	4,929,767		8,452,107		3,075,502		(11,527,609		)	4,929,767
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	8,651,763	$	14,584,431	$	4,508,016	$	(12,258,535	)	$	15,485,675

Schedule of Cash Flow Statement Information

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Year Ended December 31, 2016

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(In thousands)
Operating activities:
Net cash provided by operating activities	$	—		$	940,191		$	624,143		$	1,564,334
Investing activities:
Capital expenditures, including internal-use software and website development	—			(635,534		)	(113,814		)	(749,348		)
Purchases of investments	—			—			(45,352		)	(45,352		)
Sales and maturities of investments	—			37,830			23,105			60,935
Acquisitions, net of cash acquired	—			—			(777		)	(777		)
Transfers (to) from related parties	—			(172,731		)	172,731			—
Proceeds from sale of business, net of cash divested and disposal costs	—			—			67,088			67,088
Other, net	—			(50,029		)	(838		)	(50,867		)
Net cash provided by (used in) investing activities	—			(820,464		)	102,143			(718,321		)
Financing activities:
Proceeds from issuance of long-term debt, net of debt issuance costs	(2,093		)	—			—			(2,093		)
Payment of HomeAway Covertible Notes	—			(401,424		)	—			(401,424		)
Purchases of treasury stock	(455,746		)	—			—			(455,746		)
Payment of dividends to stockholders	(150,159		)	—			—			(150,159		)
Proceeds from exercise of equity awards and employee stock purchase plan	141,043			—			—			141,043
Withholding taxes for stock option exercises	(1,282		)	—			—			(1,282		)
Sales (purchases) of interest in controlled subsidiaries, net	—			—			208,016			208,016
Transfers (to) from related parties	468,511			(118,179		)	(350,332		)	—
Other, net	(274		)	(1,484		)	(27,216		)	(28,974		)
Net cash used in financing activities	—			(521,087		)	(169,532		)	(690,619		)
Effect of exchange rate changes on cash and cash equivalents	—			(14,865		)	(20,017		)	(34,882		)
Net increase (decrease) in cash and cash equivalents	—			(416,225		)	536,737			120,512
Cash and cash equivalents at beginning of year	—			841,696			834,603			1,676,299
Cash and cash equivalents at end of year	$	—		$	425,471		$	1,371,340		$	1,796,811

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Year Ended December 31, 2015

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(In thousands)
Operating activities:
Net cash provided by operating activities	$	—		$	624,327		$	743,718		$	1,368,045
Investing activities:
Capital expenditures, including internal-use software and website development	—			(709,679		)	(77,362		)	(787,041		)
Purchases of investments	—			(473,538		)	(47,791		)	(521,329		)
Sales and maturities of investments	—			327,191			83,732			410,923
Acquisitions, net of cash acquired	(126,779		)	(1,873,079		)	(63,791		)	(2,063,649		)
Transfers (to) from related parties	126,779			(303,846		)	177,067			—
Proceeds from sale of business, net of cash divested and disposal costs	—			—			523,882			523,882
Other, net	—			54,226			11,728			65,954
Net cash used in investing activities	—			(2,978,725		)	607,465			(2,371,260		)
Financing activities:
Proceeds from issuance of long-term debt, net of issuance costs	1,441,860			—			—			1,441,860
Purchases of treasury stock	(60,546		)	—			—			(60,546		)
Proceeds from issuance of treasury stock	22,575			—			—			22,575
Payment of dividends to stockholders	(108,527		)	—			—			(108,527		)
Proceeds from exercise of equity awards and employee stock purchase plan	96,526			—			1,190			97,716
Withholding taxes for stock option exercises	(85,033		)	—			—			(85,033		)
Purchase of interest in a controlled subsidiaries, net	—			—			(8,518		)	(8,518		)
Transfers (to) from related parties	(1,396,210		)	2,350,385			(954,175		)	—
Other, net	89,355			(11,998		)	27,315			104,672
Net cash provided by (used in) financing activities	—			2,338,387			(934,188		)	1,404,199
Effect of exchange rate changes on cash and cash equivalents	—			(86,269		)	(41,116		)	(127,385		)
Net increase in cash and cash equivalents	—			(102,280		)	375,879			273,599
Cash and cash equivalents at beginning of year	—			943,976			458,724			1,402,700
Cash and cash equivalents at end of year	$	—		$	841,696		$	834,603		$	1,676,299

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Year Ended December 31, 2014

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(In thousands)
Operating activities:
Net cash provided by operating activities	$	—		$	1,027,571		$	339,388		$	1,366,959
Investing activities:
Capital expenditures, including internal-use software and website development	—			(281,696		)	(46,691		)	(328,387		)
Purchases of investments	—			(913,205		)	(281,005		)	(1,194,210		)
Sales and maturities of investments	—			861,744			300,813			1,162,557
Acquisitions, net of cash acquired	—			—			(560,668		)	(560,668		)
Other, net	—			(2,805		)	(744		)	(3,549		)
Net cash provided by (used in) investing activities	—			(335,962		)	(588,295		)	(924,257		)
Financing activities:
Proceeds from issuance of long-term debt, net of issuance costs	492,894			—			—			492,894
Purchases of treasury stock	(537,861		)	—			—			(537,861		)
Proceeds from issuance of treasury stock	20,404			—			—			20,404
Payment of dividends to stockholders	(84,697		)	—			—			(84,697		)
Proceeds from exercise of equity awards and employee stock purchase plan	104,598			—			3,523			108,121
Purchase of interest in controlled subsidiaries, net	—			—			(3,272		)	(3,272		)
Transfers (to) from related parties	(53,494		)	(287,394		)	340,888			—
Other, net	58,156			(2,124		)	(3,472		)	52,560
Net cash provided by (used in) financing activities	—			(289,518		)	337,667			48,149
Effect of exchange rate changes on cash and cash equivalents	—			(64,798		)	(44,386		)	(109,184		)
Net increase (decrease) in cash and cash equivalents	—			337,293			44,374			381,667
Cash and cash equivalents at beginning of year	—			606,683			414,350			1,021,033
Cash and cash equivalents at end of year	$	—		$	943,976		$	458,724		$	1,402,700