XML 60 R46.htm IDEA: XBRL DOCUMENT v3.7.0.1
Guarantor and Non-Guarantor Supplemental Financial Information - Condensed Consolidated Statements of Cash Flows (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating activities:    
Net cash provided by operating activities $ 2,365,640 $ 1,726,097
Investing activities:    
Capital expenditures, including internal-use software and website development (356,892) (379,981)
Transfers (to) from related parties   0
Purchases of investments (991,371) (20,446)
Sales and maturities of investments 175,319 22,758
Acquisitions, net of cash acquired (138,215) 0
Other, net 7,218 (16,859)
Net cash used in investing activities (1,303,941) (394,528)
Financing activities:    
Payment of HomeAway Convertible Notes   (400,443)
Purchases of treasury stock (114,327) (328,311)
Transfers (to) from related parties 0 0
Other, net 33,689 (19,735)
Net cash used in financing activities (80,638) (748,489)
Effect of exchange rate changes on cash and cash equivalents 96,951 37,145
Net increase in cash and cash equivalents 1,078,012 620,225
Cash and cash equivalents at beginning of period 1,796,811 1,676,299
Cash and cash equivalents at end of period 2,874,823 2,296,524
Parent    
Operating activities:    
Net cash provided by operating activities 0 0
Investing activities:    
Capital expenditures, including internal-use software and website development 0 0
Transfers (to) from related parties   0
Purchases of investments 0 0
Sales and maturities of investments 0 0
Acquisitions, net of cash acquired 0  
Other, net 0 0
Net cash used in investing activities 0 0
Financing activities:    
Payment of HomeAway Convertible Notes   0
Purchases of treasury stock (114,327) (328,311)
Transfers (to) from related parties 67,431 333,702
Other, net 46,896 (5,391)
Net cash used in financing activities 0 0
Effect of exchange rate changes on cash and cash equivalents 0 0
Net increase in cash and cash equivalents 0 0
Cash and cash equivalents at beginning of period 0 0
Cash and cash equivalents at end of period 0 0
Guarantor Subsidiaries    
Operating activities:    
Net cash provided by operating activities 2,089,301 1,527,488
Investing activities:    
Capital expenditures, including internal-use software and website development (258,561) (341,818)
Transfers (to) from related parties   (172,731)
Purchases of investments (825,900) 0
Sales and maturities of investments 149,762 22,758
Acquisitions, net of cash acquired (138,215)  
Other, net 6,233 (19,081)
Net cash used in investing activities (1,066,681) (510,872)
Financing activities:    
Payment of HomeAway Convertible Notes   (400,443)
Purchases of treasury stock 0 0
Transfers (to) from related parties (197,265) (83,370)
Other, net (7,561) (3,052)
Net cash used in financing activities (204,826) (486,865)
Effect of exchange rate changes on cash and cash equivalents 52,748 21,609
Net increase in cash and cash equivalents 870,542 551,360
Cash and cash equivalents at beginning of period 425,471 841,696
Cash and cash equivalents at end of period 1,296,013 1,393,056
Non-Guarantor Subsidiaries    
Operating activities:    
Net cash provided by operating activities 276,339 198,609
Investing activities:    
Capital expenditures, including internal-use software and website development (98,331) (38,163)
Transfers (to) from related parties   172,731
Purchases of investments (165,471) (20,446)
Sales and maturities of investments 25,557 0
Acquisitions, net of cash acquired 0  
Other, net 985 2,222
Net cash used in investing activities (237,260) 116,344
Financing activities:    
Payment of HomeAway Convertible Notes   0
Purchases of treasury stock 0 0
Transfers (to) from related parties 129,834 (250,332)
Other, net (5,646) (11,292)
Net cash used in financing activities 124,188 (261,624)
Effect of exchange rate changes on cash and cash equivalents 44,203 15,536
Net increase in cash and cash equivalents 207,470 68,865
Cash and cash equivalents at beginning of period 1,371,340 834,603
Cash and cash equivalents at end of period $ 1,578,810 $ 903,468