Acquisitions and Other Investments (Tables)

12 Months Ended

Dec. 31, 2019

During 2018, we completed two business combinations. The following summarizes the aggregate purchase price allocation for these acquisitions, in millions:



Goodwill	$	31
Intangibles with definite lives ⁽¹⁾	24
Deferred tax liabilities, net	(1		)
Total⁽²⁾	$	54

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(1)	Acquired intangible assets with definite lives have a weighted average useful life of 2.9 years.

(2)

Includes cash acquired of $1 million.

Travel Related Companies

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation

During 2017, we completed several business combinations, one of which we made an initial investment in during 2015. The following summarizes the aggregate purchase price allocation for these acquisitions, in millions:



Goodwill	$	124
Intangibles with definite lives ⁽¹⁾	76
Net assets and non-controlling interests acquired ⁽²⁾	15
Deferred tax liabilities	(21		)
Total⁽³⁾	$	194

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(1)	Acquired intangible assets with definite lives have a weighted average useful life of 3.8 years.


(2)	Includes cash and restricted cash acquired of $6 million.

(3)

The total purchase price includes noncash consideration of $10 million related to the removal of a minority investment upon our acquisition of a controlling interest as well as $8 million related to replacement stock awards attributable to pre-acquisition service, with the remainder paid in cash during the period.