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Schedule I - Condensed Financial Information of Parent | 12 Months Ended
--- | ---
Dec. 31, 2024
Condensed Financial Information Disclosure [Abstract] |
Schedule I - Condensed Financial Information of Parent |
|  | December 31,
|  | 2024 |  | 2023
ASSETS |  |  |  |
Current assets: |  |  |  |
Cash and cash equivalents |  | $ | 4,173 |  |  | $ | 1,752 |
Receivables from subsidiaries |  | 296 |  |  | 106 |
Other current assets |  | 18 |  |  | 22 |
Total current assets |  | 4,487 |  |  | 1,880 |
Loans receivable from subsidiaries |  | 982 |  |  | 1,119 |
Investment in subsidiaries |  | 10,586 |  |  | 10,294 |
Other assets |  | 52 |  |  | 29 |
Total assets |  | $ | 16,107 |  |  | $ | 13,322 |
LIABILITIES AND STOCKHOLDERS' DEFICIT |  |  |  |
Current liabilities: |  |  |  |
Payables to subsidiaries |  | $ | 23 |  |  | $ | 19 |
Accrued expenses and other current liabilities |  | 1,674 |  |  | 336 |
Short-term debt |  | 1,745 |  |  | 1,961 |
Total current liabilities |  | 3,442 |  |  | 2,316 |
Loans payable to subsidiaries |  | 1,533 |  |  | 1,404 |
Other long-term liabilities |  | 299 |  |  | 123 |
Long-term debt |  | 14,853 |  |  | 12,223 |
Total liabilities |  | 20,127 |  |  | 16,066 |
Commitments and contingencies |  |  |  |
Total stockholders' deficit |  | (4,020) |  |  | (2,744) |
Total liabilities and stockholders' deficit |  | $ | 16,107 |  |  | $ | 13,322 |
See Notes to Condensed Financial Statements. Booking Holdings Inc. Schedule I - Condensed Financial Information of Parent (Booking Holdings Inc.) CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME (In millions)
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
Revenues |  | $ | — |  |  | $ | — |  |  | $ | — |
Operating expenses |  | 341 |  |  | 299 |  |  | 225 |
Operating loss |  | (341) |  |  | (299) |  |  | (225) |
Interest expense |  | (880) |  |  | (495) |  |  | (284) |
Interest and dividend income |  | 200 |  |  | 166 |  |  | 58 |
Other income (expense), net |  | 4 |  |  | (166) |  |  | 58 |
Equity in earnings (losses) of subsidiaries, net of tax |  | 7,061 |  |  | 5,074 |  |  | 3,442 |
Income before income taxes |  | 6,044 |  |  | 4,280 |  |  | 3,049 |
Income tax expense (benefit) |  | 162 |  |  | (9) |  |  | (9) |
Net income |  | $ | 5,882 |  |  | $ | 4,289 |  |  | $ | 3,058 |
Other comprehensive loss, net of tax |  | (52) |  |  | (56) |  |  | (123) |
Comprehensive income |  | $ | 5,830 |  |  | $ | 4,233 |  |  | $ | 2,935 |
See Notes to Condensed Financial Statements Booking Holdings Inc. Schedule I - Condensed Financial Information of Parent (Booking Holdings Inc.) CONDENSED STATEMENTS OF CASH FLOWS (In millions)
|  | Year Ended December 31,
|  | 2024 |  | 2023 |  | 2022
OPERATING ACTIVITIES: |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 6,414 |  |  | $ | 6,464 |  |  | $ | 3,695 |
INVESTING ACTIVITIES: |  |  |  |  |  |
Proceeds from internal transfers of subsidiaries |  | — |  |  | — |  |  | 174 |
Dividends received |  | 139 |  |  | 107 |  |  | 3,087 |
Other investing activities |  | (37) |  |  | (128) |  |  | (102) |
Net cash provided by (used in) investing activities |  | 102 |  |  | (21) |  |  | 3,159 |
FINANCING ACTIVITIES: |  |  |  |  |  |
Proceeds from the issuance of long-term debt |  | 4,836 |  |  | 1,893 |  |  | 3,621 |
Payments on maturity and conversion of debt |  | (1,312) |  |  | (500) |  |  | (1,880) |
Payments for repurchase of common stock |  | (6,509) |  |  | (10,377) |  |  | (6,621) |
Dividends paid |  | (1,174) |  |  | — |  |  | — |
Proceeds from exercise of stock options |  | 14 |  |  | 134 |  |  | 7 |
Other financing activities |  | 50 |  |  | 49 |  |  | 47 |
Net cash used in financing activities |  | (4,095) |  |  | (8,801) |  |  | (4,826) |
Net increase (decrease) in cash and cash equivalents |  | 2,421 |  |  | (2,358) |  |  | 2,028 |
Total cash and cash equivalents, beginning of period |  | 1,752 |  |  | 4,110 |  |  | 2,082 |
Total cash and cash equivalents, end of period |  | $ | 4,173 |  |  | $ | 1,752 |  |  | $ | 4,110 |
See Notes to Condensed Financial Statements. Booking Holdings Inc. Schedule I - Condensed Financial Information of Parent (Booking Holdings Inc.) NOTES TO CONDENSED FINANCIAL STATEMENTS 1. BASIS OF PRESENTATION These condensed parent company-only financial statements of Booking Holdings Inc. (the "Parent"), are prepared on a "parent company-only" basis and have been derived from and should be read in conjunction with the consolidated financial statements and related notes of Booking Holdings Inc. and subsidiaries included in Part IV, Item 15 of this Annual Report on Form 10-K (the "Consolidated Financial Statements"). Under a parent company-only presentation, investments in the parent's subsidiaries are accounted for under the equity method of accounting. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted. 2. DEBT See Note 12 to the Consolidated Financial Statements for additional information on the Parent's revolving credit facility and outstanding debt. 3. DIVIDENDS FROM SUBSIDIARIES Cash dividends paid to the Parent by the subsidiaries were $7.2 billion, $7.3 billion, and $7.3 billion for the years ended December 31, 2024 and 2023, and 2022, respectively, and are classified within "Net cash provided by operating activities" or "Net cash provided by (used in) investing activities," as appropriate, in the Condensed Statements of Cash Flows. 4. GUARANTEES The Parent had $721 million and $389 million of guarantees issued on behalf of the Parent's subsidiaries as of December 31, 2024 and 2023, respectively, which are primarily related to arrangements with payment processors and networks.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 235 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480678/235-10-S99-3 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Topic 810 -SubTopic 10 -Name Accounting Standards Codification -Section 45 -Paragraph 11 -Publisher FASB -URI https://asc.fasb.org/1943274/2147481231/810-10-45-11 + Details
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