Investment in Expedia (Tables)

3 Months Ended

Mar. 31, 2017

Investment in Expedia, Inc.

Schedule of purchase price allocation

The preliminary acquisition price allocation for Expedia is as follows (amounts in millions):

Fair value of Expedia equity interests	$	2,991
Noncontrolling interest		16,295
	$	19,286
Cash and cash equivalents	$	1,725
Receivables		1,487
Property, plant and equipment		780
Goodwill		16,796
Other nonamortizable intangible assets		6,152
Intangible assets subject to amortization		6,774
Other assets		815
Debt		(3,472)
Deferred merchant bookings		(2,810)
Deferred income tax liabilities, net		(3,643)
Other liabilities assumed		(5,318)
	$	19,286

Schedule of pro forma information

	Three months ended
	March 31, 2016
	amounts in millions
Revenue	$	1,919
Net earnings (loss)	$	(468)
Net earnings (loss) attributable to Expedia Holdings shareholders	$	(72)
Basic net earnings (loss) attributable to Expedia Holdings shareholders per common share	$	(1.26)
Diluted net earnings (loss) attributable to Expedia Holdings shareholders per common share	$	(1.26)