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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Consolidated Statements of Operations        
Service revenue $ 2,963   $ 7,675  
Product revenue 66 $ 96 230 $ 325
Total revenue, net 3,029 96 7,905 325
Cost of services revenue 434   1,248  
Cost of goods sold (exclusive of depreciation shown separately below) 51 70 172 242
Gross profit 2,544 26 6,485 83
Operating costs and expenses:        
Operating expense, including stock-based compensation 4 7 16 24
Selling and marketing, including stock-based compensation 1,461 6 4,176 19
Technology and content, including stock-based compensation 242   701  
General and administrative, including stock-based compensation 99 7 443 18
Depreciation and amortization 583 4 1,669 14
Legal reserves, occupancy tax and other (1)   23  
Restructuring and related reorganization charges 4   16  
Total operating cost and expenses 2,392 24 7,044 75
Operating income (loss) 152 2 (559) 8
Other income (expense):        
Interest expense (29) (1) (88) (1)
Share of earnings (losses) of Expedia   40   18
Other, net (23) 2 (71) (2)
Total Other income (expense) (52) 41 (159) 15
Earnings (loss) before income taxes 100 43 (718) 23
Income tax (expense) benefit 23 (14) 259 (3)
Net earnings (loss) 123 29 (459) 20
Less net earnings (loss) attributable to the noncontrolling interests 109   (362)  
Net earnings (loss) attributable to Liberty Expedia Holdings, Inc. shareholders $ 14 $ 29 $ (97) $ 20
Basic net earnings (loss) attributable to Series A and Series B Expedia Holdings, Inc. shareholders per common share $ 0.25 $ 0.51 $ (1.70) $ 0.35
Diluted net earnings (loss) attributable to Series A and Series B Expedia Holdings, Inc. shareholders per common share $ 0.24 $ 0.51 $ (1.70) $ 0.35