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Segment Information (Tables)

9 Months Ended

Sep. 30, 2023

Segment Reporting [Abstract]

Schedule of Operating Segment Information

The following tables present our segment information for the three and nine months ended September 30, 2023 and 2022. As a significant portion of our property and equipment is not allocated to our operating segments and depreciation is not included in our segment measure, we do not report the assets by segment as it would not be meaningful. We do not regularly provide such information to our chief operating decision makers.

			Three months ended September 30, 2023
			B2C						B2B						trivago						Corporate & Eliminations						Total
			(In millions)
Third-party revenue			$	2,819					$	995					$	115					$	—					$	3,929
Intersegment revenue			—						—						57						(57)						—
Revenue			$	2,819					$	995					$	172					$	(57)					$	3,929
Adjusted EBITDA			$	1,056					$	266					$	18					$	(124)					$	1,216
Depreciation			(137)						(29)						(2)						(26)						(194)
Amortization of intangible assets			—						—						—						(14)						(14)
Impairment of goodwill			—						—						—						(297)						(297)
Impairment of intangible assets			—						—						—						(15)						(15)
Stock-based compensation			—						—						—						(105)						(105)
Realized (gain) loss on revenue hedges			16						—						—						—						16
Operating income (loss)			$	935					$	237					$	16					$	(581)					607
Other expense, net																											(163)
Income before income taxes																											444
Provision for income taxes																											(139)
Net income																											305
Net loss attributable to non-controlling interests																											120
Net income attributable to Expedia Group, Inc.																											$	425

			Three months ended September 30, 2022
			B2C						B2B						trivago						Corporate & Eliminations						Total
			(In millions)
Third-party revenue			$	2,707					$	788					$	124					$	—					$	3,619
Intersegment revenue			—						—						61						(61)						—
Revenue			$	2,707					$	788					$	185					$	(61)					$	3,619
Adjusted EBITDA			$	943					$	221					$	34					$	(119)					$	1,079
Depreciation			(126)						(22)						(2)						(26)						(176)
Amortization of intangible assets			—						—						—						(23)						(23)
Impairment of intangible assets			—						—						—						(52)						(52)
Stock-based compensation			—						—						—						(97)						(97)
Realized (gain) loss on revenue hedges			10						6						—						—						16
Operating income (loss)			$	827					$	205					$	32					$	(317)					747
Other expense, net																											(57)
Income before income taxes																											690
Provision for income taxes																											(214)
Net income																											476
Net loss attributable to non-controlling interests																											6
Net income attributable to Expedia Group, Inc.																											$	482

			Nine months ended September 30, 2023
			B2C						B2B						trivago						Corporate & Eliminations						Total
			(In millions)
Third-party revenue			$	7,155					$	2,524					$	273					$	—					$	9,952
Intersegment revenue			—						—						154						(154)						—
Revenue			$	7,155					$	2,524					$	427					$	(154)					$	9,952
Adjusted EBITDA			$	1,857					$	605					$	51					$	(365)					$	2,148
Depreciation			(393)						(81)						(4)						(77)						(555)
Amortization of intangible assets			—						—						—						(44)						(44)
Impairment of goodwill			—						—						—						(297)						(297)
Impairment of intangible assets			—						—						—						(15)						(15)
Stock-based compensation			—						—						—						(314)						(314)
Legal reserves, occupancy tax and other			—						—						—						(6)						(6)
Realized (gain) loss on revenue hedges			18						(6)						—						—						12
Operating income (loss)			$	1,482					$	518					$	47					$	(1,118)					929
Other expense, net																											(82)
Income before income taxes																											847
Provision for income taxes																											(295)
Net income																											552
Net loss attributable to non-controlling interests																											113
Net income attributable to Expedia Group, Inc.																											$	665

			Nine months ended September 30, 2022
			B2C						B2B						trivago						Corporate & Eliminations						Total
			(In millions)
Third-party revenue			$	6,867					$	1,870					$	312					$	—					$	9,049
Intersegment revenue			—						—						143						(143)						—
Revenue			$	6,867					$	1,870					$	455					$	(143)					$	9,049
Adjusted EBITDA			$	1,713					$	457					$	92					$	(362)					$	1,900
Depreciation			(381)						(62)						(7)						(77)						(527)
Amortization of intangible assets			—						—						—						(66)						(66)
Impairment of intangible assets			—						—						—						(81)						(81)
Stock-based compensation			—						—						—						(280)						(280)
Legal reserves, occupancy tax and other			—						—						—						(23)						(23)
Realized (gain) loss on revenue hedges			25						9						—						—						34
Operating income (loss)			$	1,357					$	404					$	85					$	(889)					957
Other expense, net																											(602)
Income before income taxes																											355
Provision for income taxes																											(187)
Net income																											168
Net loss attributable to non-controlling interests																											7
Net income attributable to Expedia Group, Inc.																											$	175

Schedule of Revenue by Services

The following table presents revenue by business model and service type:

			Three months ended September 30,												Nine months ended September 30,
			2023						2022						2023						2022
			(in millions)
Business Model:
Merchant			$	2,739					$	2,427					$	6,833					$	6,037
Agency			918						935						2,408						2,309
Advertising, media and other			272						257						711						703
Total revenue			$	3,929					$	3,619					$	9,952					$	9,049
Service Type:
Lodging			$	3,233					$	2,881					$	7,960					$	6,891
Air			100						100						324						269
Advertising and media			240						222						616						601
Other(1)			356						416						1,052						1,288
Total revenue			$	3,929					$	3,619					$	9,952					$	9,049

____________________________

(1)Other includes car rental, insurance, activities and cruise revenue, among other revenue streams, none of which are individually material.

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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