Investment in Expedia (Tables)

9 Months Ended

Sep. 30, 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		16,462
	$	19,453
Cash and cash equivalents	$	1,725
Receivables		1,487
Property, plant and equipment		780
Goodwill		16,922
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		(3,602)
Other liabilities assumed		(5,318)
	$	19,453

Schedule of pro forma information

	Three months ended		Nine months ended
	September 30, 2016		September 30, 2016
	amounts in millions
Revenue	$	2,667	6,858
Net earnings (loss)	$	69	(624)
Net earnings (loss) attributable to Expedia Holdings shareholders	$	11	(119)
Basic net earnings (loss) attributable to Expedia Holdings shareholders per common share	$	0.18	(2.10)
Diluted net earnings (loss) attributable to Expedia Holdings shareholders per common share	$	0.18	(2.10)