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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2022
Revenue from Contract with Customer [Abstract]  
Reconciliation of Disaggregated Revenue to Segment Revenue A reconciliation of disaggregated revenue to segment revenue is also included below.

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

Major products/revenue sources (1):

 

(in millions)

 

Tripadvisor Core

 

 

 

 

 

 

 

 

 

 

 

 

   Tripadvisor-branded hotels

 

$

188

 

 

$

131

 

 

$

322

 

 

$

205

 

   Tripadvisor-branded display and platform

 

 

37

 

 

 

26

 

 

 

63

 

 

 

40

 

   Tripadvisor experiences and dining (2)

 

 

35

 

 

 

16

 

 

 

56

 

 

 

28

 

   Other

 

 

14

 

 

 

11

 

 

 

24

 

 

 

18

 

Total Tripadvisor Core

 

 

274

 

 

 

184

 

 

 

465

 

 

 

291

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Viator

 

 

136

 

 

 

40

 

 

 

192

 

 

 

52

 

TheFork

 

 

32

 

 

 

18

 

 

 

58

 

 

 

24

 

Intersegment eliminations (2)

 

 

(25

)

 

 

(7

)

 

 

(36

)

 

 

(9

)

  Total Revenue

 

$

417

 

 

$

235

 

 

$

679

 

 

$

358

 

(1)
Our revenue is recognized primarily at a point in time for all reportable segments.
(2)
Tripadvisor experiences and dining revenue within the Tripadvisor Core segment are shown gross of intersegment (intercompany) revenue, which is eliminated on a consolidated basis. See “Note 13: Segment Information” for a discussion of intersegment revenue for all periods presented.
Summary of Balances of Accounts Receivable and Contract Assets, Net of Allowance for Credit Losses, from Contracts with Customers

The following table provides information about the opening and closing balances of accounts receivable and contract assets, net of allowance for credit losses, from contracts with customers (in millions):

 

 

June 30, 2022

 

 

December 31, 2021

 

Accounts receivable

 

 

186

 

 

 

105

 

Contract assets

 

 

60

 

 

 

37

 

  Total

 

$

246

 

 

$

142