Guarantor and Non-Guarantor Supplemental Financial Information (Tables)

9 Months Ended

Sep. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Statement of Operations

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(In millions)
Revenue	$	—		$	2,503		$	869		$	(96	)	$	3,276
Costs and expenses:
Cost of revenue	—			362			147			(5		)	504
Selling and marketing	—			1,096			496			(91		)	1,501
Technology and content	—			287			117			—			404
General and administrative	—			129			73			—			202
Amortization of intangible assets	—			44			27			—			71
Legal reserves, occupancy tax and other	—			(78		)	—			—			(78		)
Intercompany (income) expense, net	—			239			(239		)	—			—
Operating income	—			424			248			—			672
Other income (expense):
Equity in pre-tax earnings of consolidated subsidiaries	560			204			—			(764		)	—
Other, net	(46		)	(13		)	(1		)	—			(60		)
Total other income (expense), net	514			191			(1		)	(764		)	(60		)
Income before income taxes	514			615			247			(764		)	612
Provision for income taxes	11			(55		)	(37		)	—			(81		)
Net income	525			560			210			(764		)	531
Net (income) loss attributable to non-controlling interests	—			1			(7		)	—			(6		)
Net income attributable to Expedia Group, Inc.	$	525		$	561		$	203		$	(764	)	$	525
Comprehensive income attributable to Expedia Group, Inc.	$	514		$	545		$	186		$	(731	)	$	514

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Three months ended September 30, 2017

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(In millions)
Revenue	$	—		$	2,227		$	857		$	(118	)	$	2,966
Costs and expenses:
Cost of revenue	—			348			116			(5		)	459
Selling and marketing	—			1,012			562			(113		)	1,461
Technology and content	—			250			100			—			350
General and administrative	—			72			69			—			141
Amortization of intangible assets	—			45			26			—			71
Legal reserves, occupancy tax and other	—			(1		)	—			—			(1		)
Restructuring and related reorganization charges	—			1			3			—			4
Intercompany (income) expense, net	—			205			(205		)	—			—
Operating income	—			295			186			—			481
Other income (expense):
Equity in pre-tax earnings of consolidated subsidiaries	380			162			—			(542		)	—
Other, net	(44		)	(32		)	10			—			(66		)
Total other income (expense), net	336			130			10			(542		)	(66		)
Income before income taxes	336			425			196			(542		)	415
Provision for income taxes	16			(43		)	(39		)	—			(66		)
Net income	352			382			157			(542		)	349
Net loss attributable to non-controlling interests	—			—			3			—			3
Net income attributable to Expedia Group, Inc.	$	352		$	382		$	160		$	(542	)	$	352
Comprehensive income attributable to Expedia Group, Inc.	$	417		$	462		$	261		$	(723	)	$	417

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Nine Months Ended September 30, 2018

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(In millions)
Revenue	$	—		$	6,643		$	2,348		$	(327	)	$	8,664
Costs and expenses:
Cost of revenue	—			1,094			410			(15		)	1,489
Selling and marketing	—			3,256			1,614			(312		)	4,558
Technology and content	—			847			353			—			1,200
General and administrative	—			375			222			—			597
Amortization of intangible assets	—			134			81			—			215
Impairment of goodwill	—			—			61			—			61
Legal reserves, occupancy tax and other	—			(75		)	1			—			(74		)
Intercompany (income) expense, net	—			654			(654		)	—			—
Operating income	—			358			260			—			618
Other income (expense):
Equity in pre-tax earnings (loss) of consolidated subsidiaries	501			223			—			(724		)	—
Other, net	(146		)	(22		)	(21		)	—			(189		)
Total other income (expense), net	355			201			(21		)	(724		)	(189		)
Income before income taxes	355			559			239			(724		)	429
Provision for income taxes	34			(54		)	(36		)	—			(56		)
Net income	389			505			203			(724		)	373
Net loss attributable to non-controlling interests	—			2			14			—			16
Net income attributable to Expedia Group, Inc.	$	389		$	507		$	217		$	(724	)	$	389
Comprehensive income attributable to Expedia Group, Inc.	$	339		$	435		$	147		$	(582	)	$	339

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Nine Months Ended September 30, 2017

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(In millions)
Revenue	$	—		$	5,874		$	2,202		$	(335	)	$	7,741
Costs and expenses:
Cost of revenue	—			1,018			315			(13		)	1,320
Selling and marketing	—			2,919			1,577			(322		)	4,174
Technology and content	—			737			278			—			1,015
General and administrative	—			292			186			—			478
Amortization of intangible assets	—			137			67			—			204
Legal reserves, occupancy tax and other	—			23			—			—			23
Restructuring and related reorganization charges	—			5			11			—			16
Intercompany (income) expense, net	—			591			(591		)	—			—
Operating income	—			152			359			—			511
Other income (expense):
Equity in pre-tax earnings of consolidated subsidiaries	403			331			—			(734		)	—
Other, net	(128		)	(77		)	35			—			(170		)
Total other income (expense), net	275			254			35			(734		)	(170		)
Income before income taxes	275			406			394			(734		)	341
Provision for income taxes	48			9			(79		)	—			(22		)
Net income	323			415			315			(734		)	319
Net loss attributable to non-controlling interests	—			—			4			—			4
Net income attributable to Expedia Group, Inc.	$	323		$	415		$	319		$	(734	)	$	323
Comprehensive income attributable to Expedia Group, Inc.	$	480		$	624		$	551		$	(1,175	)	$	480

Schedule of Balance Sheet Information

CONDENSED CONSOLIDATING BALANCE SHEET

September 30, 2018

	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(In millions)
ASSETS
Total current assets	$	392	$	5,990	$	2,411	$	(2,621	)	$	6,172
Investment in subsidiaries	10,595		3,378		—		(13,973		)	—
Intangible assets, net	—		1,620		481		—			2,101
Goodwill	—		6,390		1,767		—			8,157
Other assets, net	—		1,757		801		153			2,711
TOTAL ASSETS	$	10,987	$	19,135	$	5,460	$	(16,441	)	$	19,141
LIABILITIES AND STOCKHOLDERS’ EQUITY
Total current liabilities	$	1,333	$	8,197	$	1,854	$	(2,621	)	$	8,763
Long-term debt, excluding current maturities	3,727		—		—		—			3,727
Other long-term liabilities	—		273		279		153			705
Redeemable non-controlling interests	—		8		11		—			19
Stockholders’ equity	5,927		10,657		3,316		(13,973		)	5,927
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	10,987	$	19,135	$	5,460	$	(16,441	)	$	19,141

CONDENSED CONSOLIDATING BALANCE SHEET

December 31, 2017

	Parent		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(In millions)
ASSETS
Total current assets	$	359	$	3,493	$	2,263	$	(575	)	$	5,540
Investment in subsidiaries	10,265		4,249		—		(14,514		)	—
Intangible assets, net	—		1,736		573		—			2,309
Goodwill	—		6,366		1,863		—			8,229
Other assets, net	5		1,677		775		(19		)	2,438
TOTAL ASSETS	$	10,629	$	17,521	$	5,474	$	(15,108	)	$	18,516
LIABILITIES AND STOCKHOLDERS’ EQUITY
Total current liabilities	$	751	$	6,798	$	905	$	(575	)	$	7,879
Long-term debt, excluding current maturities	3,749		—		—		—			3,749
Other long-term liabilities	—		494		262		(19		)	737
Redeemable non-controlling interests	—		9		13		—			22
Stockholders’ equity	6,129		10,220		4,294		(14,514		)	6,129
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	10,629	$	17,521	$	5,474	$	(15,108	)	$	18,516

Schedule of Cash Flow Statement Information

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Nine Months Ended September 30, 2018

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(In millions)
Operating activities:
Net cash provided by operating activities	$	—		$	1,509		$	611		$	2,120
Investing activities:
Capital expenditures, including internal-use software and website development	—			(533		)	(101		)	(634		)
Purchases of investments	—			(1,714		)	—			(1,714		)
Sales and maturities of investments	—			1,618			74			1,692
Acquisitions, net of cash and restricted cash acquired	—			(40		)	—			(40		)
Transfers (to) from related parties	—			(60		)	60			—
Other, net	—			39			2			41
Net cash provided by (used in) investing activities	—			(690		)	35			(655		)
Financing activities:
Payment of long-term debt	(500		)	—			—			(500		)
Purchases of treasury stock	(620		)	—			—			(620		)
Payment of dividends to stockholders	(138		)	—			—			(138		)
Proceeds from exercise of equity awards and employee stock purchase plan	138			—			—			138
Transfers (to) from related parties	1,092			(666		)	(426		)	—
Other, net	28			1			(63		)	(34		)
Net cash used in financing activities	—			(665		)	(489		)	(1,154		)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	—			(55		)	(64		)	(119		)
Net increase in cash, cash equivalents and restricted cash and cash equivalents	—			99			93			192
Cash, cash equivalents and restricted cash and cash equivalents at beginning of the period	—			1,321			1,596			2,917
Cash, cash equivalents and restricted cash and cash equivalents at end of the period	$	—		$	1,420		$	1,689		$	3,109

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Nine Months Ended September 30, 2017

	Parent			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Consolidated
	(In millions)
Operating activities:
Net cash provided by operating activities	$	—		$	1,316		$	630		$	1,946
Investing activities:
Capital expenditures, including internal-use software and website development	—			(379		)	(147		)	(526		)
Purchases of investments	—			(1,157		)	(556		)	(1,713		)
Sales and maturities of investments	—			758			163			921
Acquisitions, net of cash and restricted cash acquired	—			(168		)	(1		)	(169		)
Transfers (to) from related parties	—			(5		)	5			—
Other, net	—			2			6			8
Net cash used in investing activities	—			(949		)	(530		)	(1,479		)
Financing activities:
Proceeds from issuance of long-term debt, net of issuance costs	992			—			—			992
Purchases of treasury stock	(154		)	—			—			(154		)
Payment of dividends to stockholders	(130		)	—			—			(130		)
Proceeds from exercise of equity awards and employee stock purchase plan	180			—			—			180
Transfers (to) from related parties	(883		)	763			120			—
Other, net	(5		)	(13		)	(9		)	(27		)
Net cash provided by financing activities	—			750			111			861
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	—			39			103			142
Net increase in cash, cash equivalents and restricted cash and cash equivalents	—			1,156			314			1,470
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period	—			442			1,376			1,818
Cash, cash equivalents and restricted cash and cash equivalents at end of period	$	—		$	1,598		$	1,690		$	3,288