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CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Liberty Expedia Holdings
Cumulative effect, period of adoption, adjustment
Series A Preferred Stock
Common stock
Common stock
Liberty Expedia Holdings
Common stock
Class B common stock
Additional paid-in capital
Additional paid-in capital
Liberty Expedia Holdings
Additional paid-in capital
Series A Preferred Stock
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)
Non-redeemable non-controlling interest
Beginning Balance, shares issued (in shares) at Dec. 31, 2018         231,492,986   12,799,999       97,158,586          
Beginning Balance at Dec. 31, 2018 $ 5,651   $ 6   $ 0   $ 0 $ 9,549     $ (5,742)   $ 517 $ 6 $ (220) $ 1,547
Net income (excludes $2 of net loss attributable to redeemable non-controlling interest) 574                       565     9
Net income (loss) 572                              
Other comprehensive income (loss), net of taxes (5)                           3 (8)
Payment of dividends to common 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 (in shares)           20,745,181           23,876,671        
Liberty Expedia Holdings transaction   $ (329)       $ 0     $ 2,883     $ (3,212)        
Treasury stock activity related to vesting of equity instruments (in shares)                     295,185          
Treasury stock activity related to vesting of equity instruments $ (36)                   $ (36)          
Stock repurchases (in shares) 5,600,000                   5,562,083          
Stock repurchased, value $ (683)                   $ (683)          
Adjustment to the fair value of redeemable non-controlling interests (14)                       (14)      
Other changes in ownership of 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 common 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                
Treasury stock activity related to vesting of equity instruments (in shares)                     489,263          
Treasury stock activity related to vesting of equity instruments $ (54)                   $ (54)          
Stock repurchases (in shares) 3,400,000                   3,364,119          
Stock repurchased, value $ (370)                   $ (370)          
Adjustment to the fair value of redeemable non-controlling interests 4             4                
Other changes in ownership of non-controlling interests 17             4               13
Stock-based compensation expense 225             225                
Payment of preferred dividends (75)             (75)                
Common stock warrants, net of issuance costs 110             110                
Other 1             1                
Other (in shares)                     20,630          
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
Payment of preferred dividends (in dollars per share) $ 62.47                              
Net income (loss) $ 15                       12     3
Other comprehensive income (loss), net of taxes 2                           29 (27)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)         8,031,432                      
Proceeds from exercise of equity instruments and employee stock purchase plans 503             503                
Withholding taxes for stock options (20)             (20)                
Treasury stock activity related to vesting of equity instruments (in shares)                     1,046,227          
Treasury stock activity related to vesting of equity instruments (165)                   $ (165)          
Adjustment to the fair value of redeemable non-controlling interests 8                       8      
Other changes in ownership of non-controlling interests 21             (4)               25
Stock-based compensation expense 465             465                
Payment of preferred dividends (67)     $ (67)                        
Loss on redemption of preferred stock (214)                 $ (214)            
Ending Balance, shares issued (in shares) at Dec. 31, 2021         274,660,725   12,799,999       131,812,764          
Ending Balance at Dec. 31, 2021 $ 3,552       $ 0   $ 0 $ 14,229     $ (10,262)   $ (1,761)   $ (149) $ 1,495
Payment of preferred dividends (in dollars per share) $ 74.96