Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2023

Goodwill and Intangible Assets Disclosure [Abstract]

Summary of Changes in Goodwill

The following table summarizes our goodwill activity by reportable segment for the periods presented:

	Hotels, Media & Platform			Experiences & Dining			Other (1)			Brand Tripadvisor		Viator			TheFork		Total
	(in millions)
Balance as of December 31, 2021	$	407		$	344		$	92		$	—	$	—		$	—	$	843
Foreign currency translation adjustments		—			(18	)		(5	)		—		(1	)		3		(21	)
Allocation to new segments		(407	)		(326	)		(87	)		599		120			101		—
Balance as of December 31, 2022	$	—		$	—		$	—		$	599	$	119		$	104	$	822
Foreign currency translation adjustments		—			—			—			2		1			4		7
Balance as of December 31, 2023	$	—		$	—		$	—		$	601	$	120		$	108	$	829

(1)Other consists of the combination of alternative accommodation rentals, flights, car, and cruises offerings, and did not previously constitute a reportable segment.

There were no goodwill impairment charges recognized on our consolidated statements of operations during the years ended December 31, 2023, 2022, or 2021. Refer to “Note 2: Significant Accounting Policies” for discussion regarding the Company’s 2023 goodwill impairment assessment. As of both December 31, 2023 and 2022, accumulated goodwill impairment losses totaled $3 million, which was associated with the Brand Tripadvisor segment.

Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination

Intangibles

Intangible assets, acquired in business combinations and recorded at fair value on the date of purchase, consisted of the following as of the dates presented:

	December 31,
	2023			2022
	(in millions)
Intangible assets with definite lives	$	221		$	219
Less: accumulated amortization		(208	)		(198	)
Intangible assets with definite lives, net		13			21
Intangible assets with indefinite lives (1)		30			30
Total	$	43		$	51

(1)Indefinite-lived intangible assets include trade names and trademarks for the Tripadvisor brand.

Components of Intangible Assets with Definite Lives

The following table presents the components of our intangible assets with definite lives as of the dates presented:

			December 31, 2023							December 31, 2022
	Weighted Average		Gross					Net		Gross					Net
	Remaining Life		Carrying		Accumulated			Carrying		Carrying		Accumulated			Carrying
	(in years)		Amount		Amortization			Amount		Amount		Amortization			Amount
			(in millions)							(in millions)
Trade names and trademarks		0.9	$	48	$	(45	)	$	3	$	47	$	(40	)	$	7
Customer lists and supplier relationships		3.8		97		(90	)		7		95		(87	)		8
Subscriber relationships		2.3		34		(33	)		1		34		(33	)		1
Technology and other		1.8		42		(40	)		2		43		(38	)		5
Total		2.7	$	221	$	(208	)	$	13	$	219	$	(198	)	$	21

Summary of Estimated Future Amortization Expense Related to Intangible Assets with Definite Lives

Our definite-lived intangible assets are being amortized on a straight-line basis. The straight-line method of amortization is currently our best estimate, or approximates to date, the distribution of the economic use of these intangible assets.

The estimated amortization expense for intangible assets with definite lives for each of the next five years, and the expense thereafter, assuming no subsequent impairment of the underlying assets or change in estimate of remaining lives, is expected to be as follows (in millions):

2024	$	6
2025		3
2026		2
2027		2
2028		—
2029 and thereafter		—
Total	$	13