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CHANGES IN ACCUMULATED OTHER COMPREHENSIVE LOSS BY COMPONENT (Tables) | 9 Months Ended
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Sep. 30, 2021
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract] |
Changes in the Balances of Accumulated Other Comprehensive Loss | The tables below present the changes in the balances of accumulated other comprehensive loss ("AOCI") by component for the three and nine months ended September 30, 2021 and 2020 (in millions):
|  | Foreign currency translation adjustments |  | Unrealized losses on cash flow hedges(1) |  | Net unrealized gains (losses) on available-for-sale securities |  |  |  |  |  | Total AOCI, net of tax
| Foreign currency translation |  | Net investment hedges (2) |  | Total, net of tax |  | Before tax |  | Tax |  | Total, net of tax |  | Before tax |  | Tax |  | Total, net of tax |  |  |  |
| Before tax |  | Tax (3) |  | Before tax |  | Tax |  |  |  |  |  |  |  |
Three Months Ended September 30, 2021
Balance, June 30, 2021 |  | $ | (82) |  |  | $ | 50 |  |  | $ | (95) |  |  | $ | 16 |  |  | $ | (111) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 130 |  |  | $ | (62) |  |  | $ | 68 |  |  |  |  |  |  | $ | (43) |
Other comprehensive (loss) income ("OCI") before reclassifications |  | (110) |  |  | 10 |  |  | 93 |  |  | (23) |  |  | (30) |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |  |  |  |  |  |  | (29) |
OCI for the period |  | (110) |  |  | 10 |  |  | 93 |  |  | (23) |  |  | (30) |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | — |  |  | 1 |  |  |  |  |  |  | (29) |
Balance, September 30, 2021 |  | $ | (192) |  |  | $ | 60 |  |  | $ | (2) |  |  | $ | (7) |  |  | $ | (141) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 131 |  |  | $ | (62) |  |  | $ | 69 |  |  |  |  |  |  | $ | (72) |
Nine Months Ended September 30, 2021
Balance, December 31, 2020 |  | $ | 11 |  |  | $ | 47 |  |  | $ | (184) |  |  | $ | 37 |  |  | $ | (89) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 3 |  |  | $ | (32) |  |  | $ | (29) |  |  |  |  |  |  | $ | (118) |
OCI before reclassifications |  | (203) |  |  | 13 |  |  | 182 |  |  | (44) |  |  | (52) |  |  | (15) |  |  | 4 |  |  | (11) |  |  | 128 |  |  | (30) |  |  | 98 |  |  |  |  |  |  | 35 |
Amounts reclassified to net income (4) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 15 |  |  | (4) |  |  | 11 |  |  | — |  |  | — |  |  | — |  |  |  |  |  |  | 11 |
OCI for the period |  | (203) |  |  | 13 |  |  | 182 |  |  | (44) |  |  | (52) |  |  | — |  |  | — |  |  | — |  |  | 128 |  |  | (30) |  |  | 98 |  |  |  |  |  |  | 46 |
Balance, September 30, 2021 |  | $ | (192) |  |  | $ | 60 |  |  | $ | (2) |  |  | $ | (7) |  |  | $ | (141) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 131 |  |  | $ | (62) |  |  | $ | 69 |  |  |  |  |  |  | $ | (72) |
|  | Foreign currency translation adjustments |  | Unrealized losses on cash flow hedges(1) |  | Net unrealized (losses) gains on available-for-sale securities |  |  |  |  |  | Total AOCI, net of tax
| Foreign currency translation |  | Net investment hedges (2) |  | Total, net of tax |  | Before tax |  | Tax |  | Total, net of tax |  | Before tax |  | Tax |  | Total, net of tax |  |  |  |
| Before tax |  | Tax (3) |  | Before tax |  | Tax |  |  |  |  |  |  |  |
Three Months Ended September 30, 2020
Balance, June 30, 2020 |  | $ | (249) |  |  | $ | 58 |  |  | $ | 17 |  |  | $ | (10) |  |  | $ | (184) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (24) |  |  | $ | (25) |  |  | $ | (49) |  |  |  |  |  |  | $ | (233) |
OCI before reclassifications |  | 99 |  |  | (4) |  |  | (69) |  |  | 16 |  |  | 42 |  |  | — |  |  | — |  |  | — |  |  | (5) |  |  | — |  |  | (5) |  |  |  |  |  |  | 37 |
OCI for the period |  | 99 |  |  | (4) |  |  | (69) |  |  | 16 |  |  | 42 |  |  | — |  |  | — |  |  | — |  |  | (5) |  |  | — |  |  | (5) |  |  |  |  |  |  | 37 |
Balance, September 30, 2020 |  | $ | (150) |  |  | $ | 54 |  |  | $ | (52) |  |  | $ | 6 |  |  | $ | (142) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (29) |  |  | $ | (25) |  |  | $ | (54) |  |  |  |  |  |  | $ | (196) |
Nine Months Ended September 30, 2020
Balance, December 31, 2019 |  | $ | (186) |  |  | $ | 54 |  |  | $ | (2) |  |  | $ | (5) |  |  | $ | (139) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (7) |  |  | $ | (45) |  |  | $ | (52) |  |  |  |  |  |  | $ | (191) |
OCI before reclassifications |  | 36 |  |  | — |  |  | (50) |  |  | 11 |  |  | (3) |  |  | — |  |  | — |  |  | — |  |  | (26) |  |  | 6 |  |  | (20) |  |  |  |  |  |  | (23) |
Amounts reclassified to net income (4) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 4 |  |  | 14 |  |  | 18 |  |  |  |  |  |  | 18 |
OCI for the period |  | 36 |  |  | — |  |  | (50) |  |  | 11 |  |  | (3) |  |  | — |  |  | — |  |  | — |  |  | (22) |  |  | 20 |  |  | (2) |  |  |  |  |  |  | (5) |
Balance, September 30, 2020 |  | $ | (150) |  |  | $ | 54 |  |  | $ | (52) |  |  | $ | 6 |  |  | $ | (142) |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | (29) |  |  | $ | (25) |  |  | $ | (54) |  |  |  |  |  |  | $ | (196) |
(1) Relates to the reverse treasury lock agreements entered in March 2021 that were designated as cash flow hedges and settled in April 2021 (see Note 6). (2) Net investment hedges balance at September 30, 2021 and earlier dates presented above, includes accumulated net losses from fair value adjustments of $35 million ($53 million before tax) associated with previously settled derivatives that were designated as net investment hedges. The remaining balances relate to foreign currency transaction gains (losses) and related tax benefits (expenses) associated with the Company's Euro-denominated debt that is designated as a hedge of the foreign currency exposure of the net investment in certain Euro functional currency subsidiaries (see Note 9). (3) The tax benefits relate to foreign currency translation adjustments to the Company's one-time deemed repatriation tax liability recorded at December 31, 2017 and foreign earnings for periods after December 31, 2017 that are subject to U.S. federal and state income tax, resulting from the enactment of the U.S. Tax Cuts and Jobs Act (the "Tax Act"). (4) The reclassified losses before tax are included in "Other income (expense), net" and the related reclassified tax benefits are included in "Income tax expense" in the Unaudited Consolidated Statements of Operations. The cost of marketable debt securities sold is determined using a first-in and first-out method. For the nine months ended September 30, 2020, the amounts reclassified to net income include a tax expense of $15 million related to the maturity in May 2020 of the Company's investment of $250 million in Trip.com Group convertible notes. The tax expense is included in "Income tax expense" in the Unaudited Consolidated Statements of Operations.

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- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
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