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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Liberty Expedia Holdings
Cumulative effect, period of adoption, adjustment
Common stock
Common stock
Liberty Expedia Holdings
Common stock
Class B common stock
Additional paid-in capital
Additional paid-in capital
Liberty Expedia Holdings
Treasury stock - Common and Class B
Treasury stock - Common and Class B
Liberty Expedia Holdings
Retained earnings (deficit)
Retained earnings (deficit)
Cumulative effect, period of adoption, adjustment
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income (loss)
Cumulative effect, period of adoption, adjustment
Non-redeemable non-controlling interest
Beginning Balance, shares issued (in shares) at Dec. 31, 2017       228,467,355   12,799,999     89,528,255            
Beginning Balance at Dec. 31, 2017 $ 6,129   $ (34) $ 0   $ 0 $ 9,163   $ (4,822)   $ 331 $ (31) $ (149) $ (3) $ 1,606
Net income (loss) 397                   406       (9)
Other comprehensive income (loss), net of taxes (86)                       (68)   (18)
Payment of dividends to stockholders (186)                   (186)        
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)       2,850,591                      
Proceeds from exercise of equity instruments and employee stock purchase plans 166     $ 0     166                
Withholding taxes for stock options $ (2)           (2)                
Stock repurchases (in shares) 7,700,000               7,720,194            
Stock repurchased, value $ (904)               $ (904)            
Issuance of common stock in connection with acquisitions (in shares)       175,040                      
Issuance of common stock in connection with acquisitions 0     $ 0     0                
Treasury stock activity related to vesting of equity instruments (in shares)                 179,783            
Treasury stock activity related to vesting of equity instruments (20)               $ (20)            
Proceeds from issuance of treasury stock (in shares)                 (269,646)            
Proceeds from issuance of treasury stock 31           27   $ 4            
Adjustment to the fair value of redeemable non-controlling interests (3)           0       (3)        
Purchase of remaining interest in Air Asia (62)           (5)               (57)
Other changes in non-controlling interests 18           (7)               25
Stock-based compensation expense 208           208                
Other (1)           (1)                
Ending Balance, shares issued (in shares) at Dec. 31, 2018       231,492,986   12,799,999     97,158,586            
Ending Balance at Dec. 31, 2018 5,651   $ 6 $ 0   $ 0 9,549   $ (5,742)   517 $ 6 (220)   1,547
Net income (loss) 574                   565       9
Other comprehensive income (loss), net of taxes (5)                       3   (8)
Payment of dividends to stockholders (195)                   (195)        
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)       4,453,610                      
Proceeds from exercise of equity instruments and employee stock purchase plans 301     $ 0     301                
Withholding taxes for stock options $ (2)           (2)                
Liberty Expedia Holdings transaction, shares issued (in shares)         20,745,181                    
Liberty Expedia Holdings transaction, shares issued         $ 0     $ 2,883              
Stock repurchases (in shares) 5,600,000               5,562,083 23,876,671          
Stock repurchased, value $ (683)               $ (683) $ (3,212)          
Liberty Expedia Holdings transaction   $ (329)                          
Treasury stock activity related to vesting of equity instruments (in shares)                 295,185            
Treasury stock activity related to vesting of equity instruments (36)               $ (36)            
Adjustment to the fair value of redeemable non-controlling interests (14)                   (14)        
Other changes in non-controlling interests 22           1               21
Stock-based compensation expense 246           246                
Ending Balance, shares issued (in shares) at Dec. 31, 2019       256,691,777   12,799,999     126,892,525            
Ending Balance at Dec. 31, 2019 5,536     $ 0   $ 0 12,978   $ (9,673)   879   (217)   1,569
Net income (loss) (2,728)                   (2,612)       (116)
Other comprehensive income (loss), net of taxes 67                       39   28
Payment of dividends to stockholders (48)                   (48)        
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)       4,872,135                      
Proceeds from exercise of equity instruments and employee stock purchase plans 319     $ 0     319                
Payment of preferred dividends (declared at $62.47 per share) $ (75)           (75)                
Stock repurchases (in shares) 3,400,000               3,364,119            
Stock repurchased, value $ (370)               $ (370)            
Common stock warrants, net of issuance costs 110           110                
Treasury stock activity related to vesting of equity instruments (in shares)                 489,263            
Treasury stock activity related to vesting of equity instruments (54)               $ (54)            
Adjustment to the fair value of redeemable non-controlling interests 4           4                
Other changes in non-controlling interests 17           4               13
Stock-based compensation expense 225           225                
Other (in shares)                 20,630            
Other 1           1                
Ending Balance, shares issued (in shares) at Dec. 31, 2020       261,563,912   12,799,999     130,766,537            
Ending Balance at Dec. 31, 2020 $ 3,004     $ 0   $ 0 $ 13,566   $ (10,097)   $ (1,781)   $ (178)   $ 1,494