Segment Information (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Summary of Segment Information

	Three months ended September 30, 2019
	Hotels, Media & Platform (1)		Experiences & Dining		Other (3)		Corporate and Unallocated			Total
	(in millions)
Revenue	$	238	$	141	$	49	$	-		$	428
Adjusted EBITDA	93			15		21		-			129
Depreciation								(23	)		(23	)
Amortization of intangible assets								(9	)		(9	)
Stock-based compensation								(29	)		(29	)
Operating income											68
Other income, net											5
Income before income taxes											73
Provision for income taxes											(23	)
Net income											50

	Three months ended September 30, 2018
	Hotels, Media & Platform (2)		Experiences & Dining		Other (3)		Corporate and Unallocated			Total
	(in millions)
Revenue	$	270	$	118	$	70	$	-		$	458
Adjusted EBITDA	97			28		21		-			146
Depreciation								(20	)		(20	)
Amortization of intangible assets								(8	)		(8	)
Stock-based compensation								(29	)		(29	)
Operating income											89
Other expense, net											(2	)
Income before income taxes											87
Provision for income taxes											(18	)
Net income											69

	Nine months ended September 30, 2019
	Hotels, Media & Platform (1)		Experiences & Dining			Other (3)		Corporate and Unallocated			Total
	(in millions)
Revenue	$	746	$	346		$	133	$	-		$	1,225
Adjusted EBITDA	306			(1	)		42		-			347
Depreciation									(69	)		(69	)
Amortization of intangible assets									(23	)		(23	)
Stock-based compensation									(91	)		(91	)
Operating income												164
Other income, net												9
Income before income taxes												173
Provision for income taxes												(63	)
Net income												110

	Nine months ended September 30, 2018
	Hotels, Media & Platform (2)		Experiences & Dining		Other (3)		Corporate and Unallocated			Total
	(in millions)
Revenue	$	795	$	278	$	196	$	-		$	1,269
Adjusted EBITDA	259			39		37		-			335
Depreciation								(61	)		(61	)
Amortization of intangible assets								(24	)		(24	)
Stock-based compensation								(90	)		(90	)
Operating income											160
Other expense, net											(10	)
Income before income taxes											150
Provision for income taxes											(45	)
Net income											105

(1) Includes unallocated corporate general and administrative costs of $20 million and $51 million and TripAdvisor-branded advertising expenses (primarily television advertising) of $18 million and $73 million for the three and nine months ended September 30, 2019, respectively.

(2) Includes unallocated corporate general and administrative costs of $18 million and $57 million and TripAdvisor-branded advertising expenses (primarily television advertising) of $37 million and $98 million for the three and nine months ended September 30, 2018, respectively.

(3) Other consists of the combination of our Rentals, Flights/Cruises/Car Rentals, SmarterTravel and TripAdvisor China business units and does not constitute a reportable segment.