XML 14 R4.htm IDEA: XBRL DOCUMENT v3.7.0.1
Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Consolidated Statements of Operations    
Service revenue $ 2,139  
Product revenue 91 $ 116
Total revenue, net 2,230 116
Cost of services revenue 400  
Cost of goods sold (exclusive of depreciation shown separately below) 65 88
Gross profit 1,765 28
Operating costs and expenses:    
Operating expense, including stock-based compensation 6 9
Selling and marketing, including stock-based compensation 1,276 7
Technology and content, including stock-based compensation 228  
General and administrative, including stock-based compensation 172 4
Depreciation and amortization 529 5
Legal reserves, occupancy tax and other 21  
Restructuring and related reorganization charges 2  
Total operating cost and expenses 2,234 25
Operating income (loss) (469) 3
Other income (expense):    
Interest expense (29)  
Share of earnings (losses) of Expedia   (24)
Other, net (13) (4)
Total Other income (expense) (42) (28)
Earnings (loss) before income taxes (511) (25)
Income tax (expense) benefit 154 11
Net earnings (loss) (357) (14)
Less net earnings (loss) attributable to the noncontrolling interests (299)  
Net earnings (loss) attributable to Liberty Expedia Holdings, Inc. shareholders $ (58) $ (14)
Basic net earnings (loss) attributable to Series A and Series B Expedia Holdings, Inc. shareholders per common share $ (1.02) $ (0.25)
Diluted net earnings (loss) attributable to Series A and Series B Expedia Holdings, Inc. shareholders per common share $ (1.02) $ (0.25)