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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Operating Segment Information
The following tables present our segment information for the three and nine months ended September 30, 2019 and 2018. As a significant portion of our property and equipment is not allocated to our operating segments and depreciation is not included in our segment measure, we do not report the assets by segment as it would not be meaningful. We do not regularly provide such information to our chief operating decision makers.
 
 
Three months ended September 30, 2019
 
Core OTA
 
trivago
 
Vrbo
 
Egencia
 
Corporate &
Eliminations
 
Total
 
(In millions)
Third-party revenue
$
2,732

 
$
190

 
$
467

 
$
145

 
$
24

 
$
3,558

Intersegment revenue
—

 
89

 
—

 
—

 
(89
)
 
—

Revenue
$
2,732

 
$
279

 
$
467

 
$
145

 
$
(65
)
 
$
3,558

Adjusted EBITDA
$
865

 
$
12

 
$
215

 
$
19

 
$
(199
)
 
$
912

Depreciation
(95
)
 
(3
)
 
(26
)
 
(12
)
 
(42
)
 
(178
)
Amortization of intangible assets
—

 
—

 
—

 
—

 
(50
)
 
(50
)
Stock-based compensation
—

 
—

 
—

 
—

 
(60
)
 
(60
)
Legal reserves, occupancy tax and other
—

 
—

 
—

 
—

 
(11
)
 
(11
)
Restructuring and related reorganization charges
—

 
—

 
—

 
—

 
(2
)
 
(2
)
Realized (gain) loss on revenue hedges
(1
)
 
—

 
(1
)
 
—

 
—

 
(2
)
Operating income (loss)
$
769

 
$
9

 
$
188

 
$
7

 
$
(364
)
 
609

Other expense, net
 
 
 
 
 
 
 
 
 
 
(48
)
Income before income taxes
 
 
 
 
 
 
 
 
 
 
561

Provision for income taxes
 
 
 
 
 
 
 
 
 
 
(154
)
Net income
 
 
 
 
 
 
 
 
 
 
407

Net loss attributable to non-controlling interests
 
 
 
 
 
 
 
2

Net income attributable to Expedia Group, Inc.
 
 
 
 
 
 
 
$
409


 
Three months ended September 30, 2018
 
Core OTA
 
trivago
 
Vrbo
 
Egencia
 
Corporate &
Eliminations
 
Total
 
(In millions)
Third-party revenue
$
2,527

 
$
200

 
$
410

 
$
139

 
$
—

 
$
3,276

Intersegment revenue
—

 
95

 
—

 
—

 
(95
)
 
—

Revenue
$
2,527

 
$
295

 
$
410

 
$
139

 
$
(95
)
 
$
3,276

Adjusted EBITDA
$
837

 
$
31

 
$
209

 
$
19

 
$
(184
)
 
$
912

Depreciation
(88
)
 
(4
)
 
(17
)
 
(12
)
 
(50
)
 
(171
)
Amortization of intangible assets
—

 
—

 
—

 
—

 
(71
)
 
(71
)
Stock-based compensation
—

 
—

 
—

 
—

 
(54
)
 
(54
)
Legal reserves, occupancy tax and other
—

 
—

 
—

 
—

 
78

 
78

Realized (gain) loss on revenue hedges
(21
)
 
—

 
(1
)
 
—

 
—

 
(22
)
Operating income (loss)
$
728

 
$
27

 
$
191

 
$
7

 
$
(281
)
 
672

Other expense, net
 
 
 
 
 
 
 
 
 
 
(60
)
Income before income taxes
 
 
 
 
 
 
 
 
 
 
612

Provision for income taxes
 
 
 
 
 
 
 
 
 
 
(81
)
Net income
 
 
 
 
 
 
 
 
 
 
531

Net income attributable to non-controlling interests
 
 
 
 
 
 
 
(6
)
Net income attributable to Expedia Group, Inc.
 
 
 
 
 
 
 
$
525



 
Nine months ended September 30, 2019
 
Core OTA
 
trivago
 
Vrbo
 
Egencia
 
Corporate &
Eliminations
 
Total
 
(In millions)
Third-party revenue
$
7,249

 
$
505

 
$
1,081

 
$
461

 
$
24

 
$
9,320

Intersegment revenue
—

 
262

 
—

 
—

 
(262
)
 
—

Revenue
$
7,249

 
$
767

 
$
1,081

 
$
461

 
$
(238
)
 
$
9,320

Adjusted EBITDA
$
1,832

 
$
56

 
$
259

 
$
85

 
$
(576
)
 
$
1,656

Depreciation
(281
)
 
(9
)
 
(73
)
 
(38
)
 
(129
)
 
(530
)
Amortization of intangible assets
—

 
—

 
—

 
—

 
(154
)
 
(154
)
Stock-based compensation
—

 
—

 
—

 
—

 
(175
)
 
(175
)
Legal reserves, occupancy tax and other
—

 
—

 
—

 
—

 
(25
)
 
(25
)
Restructuring and related reorganization charges
—

 
—

 
—

 
—

 
(16
)
 
(16
)
Realized (gain) loss on revenue hedges
(12
)
 
—

 
(1
)
 
—

 
—

 
(13
)
Operating income (loss)
$
1,539

 
$
47

 
$
185

 
$
47

 
$
(1,075
)
 
743

Other expense, net
 
 
 
 
 
 
 
 
 
 
(88
)
Income before income taxes
 
 
 
 
 
 
 
 
 
 
655

Provision for income taxes
 
 
 
 
 
 
 
 
 
 
(161
)
Net income
 
 
 
 
 
 
 
 
 
 
494

Net income attributable to non-controlling interests
 
 
 
 
 
 
 
(5
)
Net income attributable to Expedia Group, Inc.
 
 
 
 
 
 
 
$
489


 
Nine months ended September 30, 2018
 
Core OTA
 
trivago
 
Vrbo
 
Egencia
 
Corporate &
Eliminations
 
Total
 
(In millions)
Third-party revenue
$
6,706

 
$
571

 
$
941

 
$
446

 
$
—

 
$
8,664

Intersegment revenue
—

 
323

 
—

 
—

 
(323
)
 
—

Revenue
$
6,706

 
$
894

 
$
941

 
$
446

 
$
(323
)
 
$
8,664

Adjusted EBITDA
$
1,721

 
$
(17
)
 
$
266

 
$
76

 
$
(547
)
 
$
1,499

Depreciation
(256
)
 
(11
)
 
(46
)
 
(35
)
 
(159
)
 
(507
)
Amortization of intangible assets
—

 
—

 
—

 
—

 
(215
)
 
(215
)
Impairment of goodwill
—

 
—

 
—

 
—

 
(61
)
 
(61
)
Stock-based compensation
—

 
—

 
—

 
—

 
(154
)
 
(154
)
Legal reserves, occupancy tax and other
—

 
—

 
—

 
—

 
74

 
74

Realized (gain) loss on revenue hedges
(17
)
 
—

 
(1
)
 
—

 
—

 
(18
)
Operating income (loss)
$
1,448

 
$
(28
)
 
$
219

 
$
41

 
$
(1,062
)
 
618

Other expense, net
 
 
 
 
 
 
 
 
 
 
(189
)
Income before income taxes
 
 
 
 
 
 
 
 
 
 
429

Provision for income taxes
 
 
 
 
 
 
 
 
 
 
(56
)
Net income
 
 
 
 
 
 
 
 
 
 
373

Net loss attributable to non-controlling interests
 
 
 
 
 
 
 
16

Net income attributable to Expedia Group, Inc.
 
 
 
 
 
 
 
$
389
Schedule of Revenue by Services
The following table presents revenue by business model and service type:
 
Three months ended September 30,
 
Nine months ended September 30,
 
2019
 
2018
 
2019
 
2018
 
(in millions)
Business Model:
 
 
 
 
 
 
 
Merchant
$
1,863

 
$
1,688

 
$
4,935

 
$
4,554

Agency
917

 
876

 
2,444

 
2,311

Advertising and media
311

 
302

 
860

 
858

Vrbo
467

 
410

 
1,081

 
941

Total revenue
$
3,558

 
$
3,276

 
$
9,320

 
$
8,664

Service Type:
 
 
 
 
 
 
 
Lodging
$
2,599

 
$
2,347

 
$
6,555

 
$
5,951

Air
202

 
209

 
678

 
674

Advertising and media
311

 
302

 
860

 
858

Other(1)
446

 
418

 
1,227

 
1,181

Total revenue
$
3,558

 
$
3,276

 
$
9,320

 
$
8,664


(1)
Other includes car rental, insurance, destination services, cruise and fee revenue related to our corporate travel business, among other revenue streams, none of which are individually material. Other also includes product revenue of $24 million during the three and nine months ended September 30, 2019 related to our acquisition of Bodybuilding.com.