
						Parts Into Which Incorporated
Portions of the registrant's definitive Proxy Statement relating to its 2023 Annual Meeting of Stockholders are incorporated by reference into Part III of this Annual report on Form 10-K where indicated.						Part III

Amendment Flag

false

Document Fiscal Year Focus

2022

Document Fiscal Period Focus

FY

Entity Central Index Key

0001324424

Common Stock

Entity Information [Line Items]

Entity Common Stock, Shares Outstanding

147,824,882

Class B Common Stock

Entity Information [Line Items]

Entity Common Stock, Shares Outstanding

5,523,452

Audit Information	12 Months Ended
Audit Information	Dec. 31, 2022
Audit Information [Abstract]
Auditor Firm ID	42
Auditor Name	Ernst & Young LLP
Auditor Location	Seattle, Washington

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Millions

12 Months Ended

Dec. 31, 2022

Dec. 31, 2021

Dec. 31, 2020

Income Statement [Abstract]

Revenue

$ 11,667

$ 8,598

$ 5,199

Costs and expenses:

Cost of revenue (exclusive of depreciation and amortization shown separately below)

^[1]

1,657

1,522

1,649

Selling and marketing

^[1]

6,100

4,221

2,527

Technology and content

^[1]

1,181

1,074

1,068

General and administrative

^[1]

748

705

589

Depreciation and amortization

792

814

893

Impairment of goodwill

0

14

799

Intangible and other long-term asset impairment

81

6

175

Legal reserves, occupancy tax and other

23

1

(13)

Restructuring and related reorganization charges

0

55

231

Operating income (loss)

1,085

186

(2,719)

Other income (expense):

Interest income

60

9

18

Interest expense

(277)

(351)

(360)

Gain (loss) on debt extinguishment, net

49

(280)

0

Gain (loss) on sale of business, net

6

456

(13)

Other, net

(385)

(58)

(77)

Total other expense, net

(547)

(224)

(432)

Income (loss) before income taxes

538

(38)

(3,151)

Provision for income taxes

(195)

53

423

Net income (loss)

343

15

(2,728)

Net (income) loss attributable to non-controlling interests

9

(3)

116

Net income (loss) attributable to Expedia Group, Inc.

352

12

(2,612)

Preferred stock dividend

0

(67)

(75)

Loss on redemption of preferred stock

0

(214)

0

Net income (loss) attributable to Expedia Group, Inc. common stockholders, basic

352

(269)

(2,687)

Net income (loss) attributable to Expedia Group, Inc. common stockholders, diluted

$ 352

$ (269)

$ (2,687)

Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders:

Basic (in dollars per share)

$ 2.24

$ (1.80)

$ (19.00)

Diluted (in dollars per share)

$ 2.17

$ (1.80)

$ (19.00)

Shares used in computing earnings (loss) per share (000's):

Basic (in shares)

156,672

149,734

141,414

Diluted (in shares)

161,751

149,734

141,414

[1]


(1) Includes stock-based compensation as follows:
Cost of revenue	$	14	$	22	$	12
Selling and marketing	67		96		48
Technology and content	111		117		69
General and administrative	182		183		76

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Stock-based compensation	$ 374	$ 418	$ 205
Cost of revenue
Stock-based compensation	14	22	12
Selling and marketing
Stock-based compensation	67	96	48
Technology and content
Stock-based compensation	111	117	69
General and administrative
Stock-based compensation	$ 182	$ 183	$ 76

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 343	$ 15	$ (2,728)
Other comprehensive income (loss), net of tax
Currency translation adjustments, net of taxes	(106)	(72)	67
Net reclassification of foreign currency translation adjustments into total other expenses, net	0	74	0
Other comprehensive income (loss), net of tax	(106)	2	67
Comprehensive income (loss)	237	17	(2,661)
Less: Comprehensive income (loss) attributable to non-controlling interests	(30)	(24)	(88)
Less: Preferred stock dividend	0	67	75
Less: Loss on redemption of preferred stock	0	214	0
Comprehensive income (loss) attributable to Expedia Group, Inc. common stockholders	$ 267	$ (240)	$ (2,648)

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 4,096	$ 4,111
Restricted cash and cash equivalents	1,755	1,694
Short-term investments	48	200
Accounts receivable, net of allowance of $40 and $65	2,078	1,264
Income taxes receivable	40	85
Prepaid expenses and other current assets	774	827
Total current assets	8,791	8,181
Property and equipment, net	2,210	2,180
Operating lease right-of-use assets	363	407
Long-term investments and other assets	1,184	1,450
Deferred income taxes	661	766
Intangible assets, net	1,209	1,393
Goodwill	7,143	7,171
TOTAL ASSETS	21,561	21,548
Current liabilities:
Accounts payable, merchant	1,709	1,333
Accounts payable, other	947	688
Deferred merchant bookings	7,151	5,688
Deferred revenue	163	166
Income taxes payable	21	16
Accrued expenses and other current liabilities	787	824
Current maturities of long-term debt	0	735
Total current liabilities	10,778	9,450
Long-term debt, excluding current maturities	6,240	7,715
Deferred income taxes	52	58
Operating lease liabilities	312	360
Other long-term liabilities	451	413
Commitments and contingencies
Stockholders’ equity:
Common stock	0	0
Additional paid-in capital	14,795	14,229
Treasury stock — Common stock and Class B, at cost, Shares 137,783 and 131,813	(10,869)	(10,262)
Retained earnings (deficit)	(1,409)	(1,761)
Accumulated other comprehensive income (loss)	(234)	(149)
Total Expedia Group, Inc. stockholders’ equity	2,283	2,057
Non-redeemable non-controlling interests	1,445	1,495
Total stockholders’ equity	3,728	3,552
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	21,561	21,548
Class B Common Stock
Stockholders’ equity:
Common stock	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Accounts receivable, allowance	$ 40	$ 65
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	1,600,000,000	1,600,000,000
Common stock, shares, issued (in shares)	278,264,000	274,661,000
Common stock, shares, outstanding (in shares)	147,757,000	150,125,000
Treasury stock (in shares)	137,783,000	131,813,000
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, shares authorized (in shares)	400,000,000	400,000,000
Common stock, shares, issued (in shares)	12,800,000	12,800,000
Common stock, shares, outstanding (in shares)	5,523,000	5,523,000
Treasury stock (in shares)	7,300,000	7,300,000

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY - USD ($) $ in Millions	Total	Class B common stock	Common stock	Common stock Class B common stock	Additional paid-in capital	Treasury stock - Common and Class B	Retained earnings (deficit)	Accumulated other comprehensive income (loss)	Non-redeemable non-controlling interest
Beginning balance (in shares) at Dec. 31, 2019			256,691,777	12,799,999
Beginning balance at Dec. 31, 2019	$ 5,536		$ 0	$ 0	$ 12,978	$ (9,673)	$ 879	$ (217)	$ 1,569
Beginning balance (in shares) at Dec. 31, 2019						126,892,525
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss (income)	(2,728)						(2,612)		(116)
Other comprehensive income (loss), net of taxes	67							39	28
Payment of dividends to common stockholders	(48)						(48)
Payment of preferred dividends	(75)				(75)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)			4,872,135
Proceeds from exercise of equity instruments and employee stock purchase plans	319		$ 0		319
Common stock warrants, net of issuance costs	110				110
Treasury stock activity related to vesting of equity instruments (in shares)						489,263
Treasury stock activity related to vesting of equity instruments	$ (54)					$ (54)
Common stock repurchases (in shares)	3,400,000					3,364,119
Common stock repurchases	$ (370)					$ (370)
Adjustment to the fair value of redeemable non-controlling interests	4				4
Other changes in ownership of non-controlling interests	17				4				13
Stock-based compensation expense	225				225
Other	1				1
Other (in shares)						20,630
Ending balance (in shares) at Dec. 31, 2020			261,563,912	12,799,999
Ending balance at Dec. 31, 2020	3,004		$ 0	$ 0	13,566	$ (10,097)	(1,781)	(178)	1,494
Ending balance (in shares) at Dec. 31, 2020						130,766,537
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss (income)	15						12		3
Other comprehensive income (loss), net of taxes	2							29	(27)
Payment of preferred dividends	(67)				(67)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)			8,031,432
Proceeds from exercise of equity instruments and employee stock purchase plans	503		$ 0		503
Exercise of common stock warrants (in shares)			5,065,381
Loss on redemption of preferred stock	(214)				(214)
Withholding taxes for stock options	(20)				(20)
Treasury stock activity related to vesting of equity instruments (in shares)						1,046,227
Treasury stock activity related to vesting of equity instruments	$ (165)					$ (165)
Common stock repurchases (in shares)	0
Adjustment to the fair value of redeemable non-controlling interests	$ 8						8
Other changes in ownership of non-controlling interests	21				(4)				25
Stock-based compensation expense	$ 465				465
Ending balance (in shares) at Dec. 31, 2021	150,125,000	5,523,000	274,660,725	12,799,999
Ending balance at Dec. 31, 2021	$ 3,552		$ 0	$ 0	14,229	$ (10,262)	(1,761)	(149)	1,495
Ending balance (in shares) at Dec. 31, 2021	131,813,000	7,300,000				131,812,764
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net loss (income)	$ 343						352		(9)
Other comprehensive income (loss), net of taxes	(106)							(85)	(21)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)			3,603,510
Proceeds from exercise of equity instruments and employee stock purchase plans	131				131
Treasury stock activity related to vesting of equity instruments (in shares)						768,173
Treasury stock activity related to vesting of equity instruments	$ (107)					$ (107)
Common stock repurchases (in shares)	5,200,000					5,202,492
Common stock repurchases	$ (500)					$ (500)
Other changes in ownership of non-controlling interests	4				24				(20)
Stock-based compensation expense	$ 411				411
Ending balance (in shares) at Dec. 31, 2022	147,757,000	5,523,000	278,264,235	12,799,999
Ending balance at Dec. 31, 2022	$ 3,728		$ 0	$ 0	$ 14,795	$ (10,869)	$ (1,409)	$ (234)	$ 1,445
Ending balance (in shares) at Dec. 31, 2022	137,783,000	7,300,000				137,783,429

CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares		12 Months Ended
	Feb. 13, 2020	Dec. 31, 2021	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Payment of dividends to common stockholders (in dollars per share)	$ 0.34		$ 0.34
Payment of preferred dividends (in dollars per share)		$ 74.96	$ 62.47

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Operating activities:
Net income (loss)	$ 343	$ 15	$ (2,728)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation of property and equipment, including internal-use software and website development	704	715	739
Amortization of stock-based compensation	374	418	205
Amortization of intangible assets	88	99	154
Impairment of goodwill, intangible and other long-term assets	81	20	974
Deferred income taxes	70	(145)	(488)
Foreign exchange loss on cash, restricted cash and short-term investments, net	128	105	2
Realized (gain) loss on foreign currency forwards, net	78	16	(80)
Loss on minority equity investments, net	345	29	142
(Gain) loss on debt extinguishment, net	(49)	280	0
(Gain) loss on sale of business, net	(6)	(456)	13
Provision for credit losses and other, net	23	32	135
Changes in operating assets and liabilities, net of effects from acquisitions and dispositions:
Accounts receivable	(838)	(721)	1,781
Prepaid expenses and other assets	55	(224)	(188)
Accounts payable, merchant	375	777	(1,320)
Accounts payable, other, accrued expenses and other liabilities	196	138	(400)
Tax payable/receivable, net	11	10	(57)
Deferred merchant bookings	1,464	2,642	(2,576)
Deferred revenue	(2)	(2)	(142)
Net cash provided by (used in) operating activities	3,440	3,748	(3,834)
Investing activities:
Capital expenditures, including internal-use software and website development	(662)	(673)	(797)
Purchases of investments	(60)	(201)	(685)
Sales and maturities of investments	205	23	1,161
Cash and restricted cash divested from sale of business, net of proceeds	4	(60)	(21)
Proceeds from initial exchange of cross-currency interest rate swaps	337	0	0
Payments for initial exchange of cross-currency interest rate swaps	(337)	0	0
Other, net	(67)	(20)	79
Net cash used in investing activities	(580)	(931)	(263)
Financing activities:
Revolving credit facility borrowings	0	0	2,672
Revolving credit facility repayments	0	0	(2,672)
Proceeds from issuance of long-term debt, net of issuance costs	0	1,964	3,945
Payment of long-term debt	(2,141)	(1,706)	(750)
Debt extinguishment costs	(22)	(258)	0
Net proceeds from issuance of preferred stock and warrants	0	0	1,132
Redemption of preferred stock	0	(1,236)	0
Purchases of treasury stock	(607)	(165)	(425)
Payment of dividends to common and preferred stockholders	0	(67)	(123)
Proceeds from exercise of equity awards and employee stock purchase plan	131	503	319
Other, net	15	(8)	(21)
Net cash provided by (used in) financing activities	(2,624)	(973)	4,077
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	(190)	(177)	61
Net increase in cash, cash equivalents and restricted cash and cash equivalents	46	1,667	41
Cash, cash equivalents and restricted cash and cash equivalents at beginning of year	5,805	4,138	4,097
Cash, cash equivalents and restricted cash and cash equivalents at end of year	5,851	5,805	4,138
Supplemental cash flow information
Cash paid for interest	291	342	313
Income tax payments, net	$ 102	$ 74	$ 108

Organization and Basis of Presentation	12 Months Ended
Organization and Basis of Presentation	Dec. 31, 2022
Accounting Policies [Abstract]
Organization and Basis of Presentation	Organization and Basis of Presentation Description of Business Expedia Group, Inc. and its subsidiaries provide travel products and services to leisure and corporate travelers in the United States and abroad as well as various media and advertising offerings to travel and non-travel advertisers. These travel products and services are offered through a diversified portfolio of brands including: Brand Expedia®, Hotels.com®, Expedia® Partner Solutions, Vrbo®, trivago®, Orbitz®, Travelocity®, Hotwire®, Wotif®, ebookers®, CheapTickets®, Expedia Group™ Media Solutions, CarRentals.com™ and Expedia Cruises™. In addition, many of these brands have related international points of sale. We refer to Expedia Group, Inc. and its subsidiaries collectively as “Expedia Group,” the “Company,” “us,” “we” and “our” in these consolidated financial statements. COVID-19 The COVID-19 pandemic, and measures to contain the virus, had an unprecedented impact on the global travel industry and materially and negatively impacted our business, financial results and financial condition. With the evolution of milder COVID-19 variants, availability of multiple vaccine booster doses and increasing familiarity with the virus, many COVID-19 related travel restrictions have been lifted, and countries around the world reopened their borders for foreign travel. Overall, the full duration and total impact of COVID-19 remains uncertain and it is difficult to predict how the recovery will unfold for the travel industry and, in particular, our business, going forward. Basis of Presentation The accompanying consolidated financial statements include Expedia Group, Inc., our wholly-owned subsidiaries, and entities we control, or in which we have a variable interest and are the primary beneficiary of expected cash profits or losses. We record our investments in entities that we do not control, but over which we have the ability to exercise significant influence, using the equity method or at fair value. We have eliminated significant intercompany transactions and accounts. We believe that the assumptions underlying our consolidated financial statements are reasonable. However, these consolidated financial statements do not present our future financial position, the results of our future operations and cash flows. Seasonality We generally experience seasonal fluctuations in the demand for our travel services. For example, traditional leisure travel bookings are generally the highest in the first three quarters as travelers plan and book their spring, summer and winter holiday travel. The number of bookings typically decreases in the fourth quarter. Since revenue for most of our travel services, including merchant and agency hotel, is recognized as the travel takes place rather than when it is booked, revenue typically lags bookings by several weeks for our hotel business and can be several months or more for our alternative accommodations business. Historically, Vrbo has seen seasonally stronger bookings in the first quarter of the year, with the relevant stays occurring during the peak summer travel months. The seasonal revenue impact is exacerbated with respect to income by the nature of our variable cost of revenue and direct sales and marketing costs, which we typically realize in closer alignment to booking volumes, and the more stable nature of our fixed costs. As a result on a consolidated basis, revenue and income are typically the lowest in the first quarter and highest in the third quarter. Significantly higher cancellations and reduced booking volumes from COVID-19 disrupted our typical seasonal pattern for bookings, revenue, profit and cash flows from 2020 through early 2022, but have generally returned to historic seasonality.

Significant Accounting Policies

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Significant Accounting Policies

NOTE 2 — Significant Accounting Policies

Consolidation

Our consolidated financial statements include the accounts of Expedia Group, Inc., our wholly-owned subsidiaries, and entities for which we control a majority of the entity’s outstanding common stock. We record non-controlling interest in our consolidated financial statements to recognize the minority ownership interest in our consolidated subsidiaries. Non-controlling interest in the earnings and losses of consolidated subsidiaries represent the share of net income or loss allocated to members or partners in our consolidated entities. trivago is a separately listed company on the Nasdaq Global Select Market and, therefore, is subject to its own reporting and filing requirements, which could result in possible differences that are not expected to be material to Expedia Group, Inc.

We have eliminated significant intercompany transactions and accounts in our consolidated financial statements.

Accounting Estimates

We use estimates and assumptions in the preparation of our consolidated financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”). Our estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of our consolidated financial statements. These estimates and assumptions also affect the reported amount of net income or loss during any period. Our actual financial results could differ significantly from these estimates. The significant estimates underlying our consolidated financial statements include revenue recognition; recoverability of current and long-lived assets, intangible assets and goodwill; income and transactional taxes, such as potential settlements related to occupancy and excise taxes; loss contingencies; deferred loyalty rewards; stock-based compensation; accounting for derivative instruments and provisions for credit losses, customer refunds and chargebacks.

Reclassifications

We have reclassified prior period financial statements to conform to the current period presentation.

Revenue Recognition

We recognize revenue upon transfer of control of our promised services in an amount that reflects the consideration we expect to be entitled to in exchange for those services.

For our primary transaction-based revenue sources, discussed below, we have determined net presentation (that is, the amount billed to a traveler less the amount paid to a supplier) is appropriate for the majority of our revenue transactions as the supplier is primarily responsible for providing the underlying travel services and we do not control the service provided by the supplier to the traveler. We exclude all taxes assessed by a government authority, if any, from the measurement of transaction prices that are imposed on our travel related services or collected by the Company from customers (which are therefore excluded from revenue).

We offer traditional travel services on a stand-alone and package basis generally either through the merchant or the agency business model.

Under the merchant model, we facilitate the booking of hotel rooms, alternative accommodations, airline seats, car rentals and destination services from our travel suppliers and we are the merchant of record for such bookings.

Under the agency model, we pass reservations booked by the traveler to the relevant travel supplier and the travel supplier serves as the merchant of record for such bookings. We receive commissions or ticketing fees from the travel supplier and/or traveler. For certain agency airline, hotel and car transactions, we also receive fees through global distribution systems (“GDS”) that provide the computer systems through which the travel supplier inventory is made available and through which reservations are booked.

Under the advertising model, we offer travel and non-travel advertisers access to a potential source of incremental traffic and transactions through our various media and advertising offerings on trivago and our transaction-based websites.

In addition, Vrbo also provides subscription-based listing and other ancillary services to property owners and managers.

The nature of our travel booking service performance obligations vary based on the travel service with differences primarily related to the degree to which we provide post booking services to the traveler and the timing when rights and obligations are triggered in our underlying supplier agreements. We consider both the traveler and travel supplier as our customers.

Refer to NOTE 18 — Segment Information for revenue by business model and service type.

Lodging. Our lodging revenue is comprised of revenue recognized under the merchant, agency and Vrbo subscription-based listing services model.

Merchant Hotel. We provide travelers access to book hotel room reservations through our contracts with lodging suppliers, which provide us with rates and availability information for rooms but for which we have no control over the rooms and do not bear inventory risk. Our travelers pay us for merchant hotel transactions prior to departing on their trip, generally when they book the reservation. We record the payment in deferred merchant bookings until the stayed night occurs, at which point we recognize the revenue, net of amounts paid to suppliers, as this is when our performance obligation is satisfied. Payments to suppliers are generally due within 30 days of check-in or stay. In certain instances when a supplier invoices us for less than the cost we accrued, we generally reduce our merchant accounts payable and the supplier costs within net revenue six months in arrears, net of an allowance, when we determine it is not probable that we will be required to pay the supplier, based on historical experience. Cancellation fees are collected and remitted to the supplier, if applicable.

Agency Hotel. We generally record agency revenue from the hotel when the stayed night occurs as we provide post booking services to the traveler and, thus consider the stay as when our performance obligation is satisfied. We record an allowance for cancellations on this revenue based on historical experience.

Merchant and Agency Vrbo Alternative Accommodations. Vrbo's lodging revenue is generally earned on a pay-per-booking basis, which can be either merchant or agency bookings depending on the nature of the payment processor. Pay-per-booking arrangements are commission-based where rental property owners and managers bear the inventory risk, have latitude in setting the price and compensate Vrbo for facilitating bookings with travelers. Under pay-per-booking arrangements, each booking is a separate contract as listings are typically cancelable at any time and the related revenue, net of amounts paid to property owners, is recognized at check in, which is the point in time when our service to the traveler is complete. Vrbo also charges a traveler service fee at the time of booking. The service fee charged to travelers provides compensation for Vrbo's services, including but not limited to the use of Vrbo's website and a “Book with Confidence Guarantee” providing travelers with comprehensive payment protection and 24/7 traveler support. The performance obligation is to facilitate the booking of a property and assist travelers up to their check in process and, as such, the traveler service fee revenue is recognized at check-in.

Subscription-based Listing Services. To a lesser extent, Vrbo's lodging revenue is also earned on a pay-per-subscription basis. In pay-per-subscription contracts, property owners or managers purchase in advance online advertising services related to the listing of their properties for rent over a fixed term (typically one year). As the performance obligation is the listing service and is provided to the property owner or manager over the life of the listing period, the pay-per-subscription revenue is recognized on a straight-line basis over the listing period.

Merchant and Agency Air. We record revenue on air transactions when the traveler books the transaction, as we do not typically provide significant post booking services to the traveler and payments due to and from air carriers are typically due at the time of ticketing. We record a reserve for chargebacks and cancellations at the time of the transaction based on historical experience. In certain transactions, the GDS collects commissions from our suppliers and passes these commissions to us, net of their fees. Therefore, we view payments through the GDS as commissions from suppliers and record these commissions in net revenue. Fees paid to the GDS as compensation for their role in processing transactions are recorded as cost of revenue.

Advertising and Media. We record revenue from click-through fees charged to our travel partners for leads sent to the travel partners’ websites. We record revenue from click-through fees after the traveler makes the click-through to the related travel partners’ websites. We record revenue for advertising placements ratably over the advertising period or upon delivery of advertising impressions, depending on the terms of the contract. Payments from advertisers are generally due within 30 days of invoicing.

Other. Other primarily includes transaction revenue for booking services related to products such as car, cruise and destination services under the agency business model. We generally record the related revenue when the travel occurs, as in most cases we provide post booking services and this is when our performance obligation is complete. Additionally, no rights or obligations are triggered in our supplier agreements until the travel occurs. We record an allowance for cancellations on this revenue based on historical experience. Revenue from other ancillary alternative accommodation services or products are recorded either upon delivery or when we provide the service. In addition, other also includes travel insurance products primarily under the merchant model, for which revenue is recorded at the time the transaction is booked.

Packages. Packages assembled by travelers through the packaging functionality on our websites generally include a merchant hotel component and some combination of an air, car or destination services component. The individual package components are accounted for as separate performance obligations and recognized in accordance with our revenue recognition policies stated above.

Prepaid Merchant Bookings. We classify payments made to suppliers in advance of Vrbo performance obligations as prepaid merchant bookings included within prepaid and other current assets. Prepaid merchant bookings was $480 million as of December 31, 2022 and $591 million as of December 31, 2021.

Deferred Merchant Bookings. We classify cash payments received in advance of our performance obligations as deferred merchant bookings. At December 31, 2021, $4.9 billion of advance cash payments was reported within deferred merchant bookings, $4.0 billion of which was recognized resulting in $693 million of revenue during the year ended December 31, 2022 with the remainder primarily consisting of cancellations during the year. At December 31, 2022, the related balance was $6.2 billion.

Travelers enrolled in our internally administered traveler loyalty rewards programs earn points for each eligible booking made which can be redeemed for free or discounted future bookings. Hotels.com Rewards offers travelers one free night at any Hotels.com partner property after that traveler stays 10 nights, subject to certain restrictions. Expedia Rewards enables participating travelers to earn points on all hotel, flight, package and activities made on various Brand Expedia websites. Orbitz Rewards allows travelers to earn Orbucks, the currency of Orbitz Rewards, on flights, hotels and vacation packages and instantly redeem those Orbucks on future bookings at various hotels worldwide. As travelers accumulate points towards free travel products, we defer the relative standalone selling price of earned points, net of expected breakage, as deferred loyalty

rewards within deferred merchant bookings on the consolidated balance sheet. In order to estimate the standalone selling price of the underlying services on which points can be redeemed for all loyalty programs, we use an adjusted market assessment approach and consider the redemption values expected from the traveler. We then estimate the number of rewards that will not be redeemed based on historical activity in our members' accounts as well as statistical modeling techniques. Revenue is recognized when we have satisfied our performance obligation relating to the points, that is when the travel service purchased with the loyalty award is satisfied. The majority of rewards expected to be redeemed are recognized within one to two years of being earned. At December 31, 2021, $798 million of deferred loyalty rewards was reported within deferred merchant bookings, all of which was recognized as revenue during the year ended December 31, 2022. At December 31, 2022, the related balance was $961 million.

Deferred Revenue. Deferred revenue primarily consists of unearned subscription revenue as well as deferred advertising revenue. At December 31, 2021, $166 million was recorded as deferred revenue, $117 million of which was recognized as revenue during the year ended December 31, 2022. At December 31, 2022, the related balance was $163 million.

Practical Expedients and Exemptions. We have used the portfolio approach to account for our loyalty points as the rewards programs share similar characteristics within each program in relation to the value provided to the traveler and their breakage patterns. Using this portfolio approach is not expected to differ materially from applying the guidance to individual contracts. However, we will continue to assess and refine, if necessary, how a portfolio within each rewards program is defined.

We do not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed.

Cash, Restricted Cash, and Cash Equivalents

Our cash and cash equivalents include cash and liquid financial instruments, including money market funds and term deposit investments, with maturities of three months or less when purchased. Restricted cash includes cash and cash equivalents that is restricted through legal contracts, regulations or our intention to use the cash for a specific purpose. Our restricted cash primarily relates to certain traveler deposits and to a lesser extent collateral for office leases. The following table reconciles cash, cash equivalents and restricted cash reported in our consolidated balance sheets to the total amount presented in our consolidated statements of cash flows:


	December 31,
	2022		2021
	(in millions)
Cash and cash equivalents	$	4,096	$	4,111
Restricted cash and cash equivalents	1,755		1,694

Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows	$	5,851	$	5,805

Short-term and Long-term Investments

We determine the appropriate classification of our investments in marketable securities at the time of purchase and reevaluate such designation at each balance sheet date. Investments, other than minority equity investments, classified as available-for-sale are recorded at fair value with unrealized holding gains and losses recorded, net of tax, as a component of accumulated other comprehensive income ("OCI"). Realized gains and losses from the sale of available-for-sale investments, if any, are determined on a specific identification basis. Investments with remaining maturities of less than one year are classified within short-term investments. All other investments are classified within long-term investments and other assets.

Minority equity investments with either readily determinable fair values, or for which we have elected to apply the fair value option, are measured at fair value on a recurring basis with changes in fair value recorded through net income or loss. Minority investments without readily determinable fair values, for which we have not elected to measure at fair value, are measured using the equity method, or measured at cost with observable price changes reflected through net income or loss. We perform a qualitative assessment on a quarterly basis and recognize an impairment if there are sufficient indicators that the fair value of the investment is less than carrying value. Changes in value of minority equity investments are recorded in other income (expense), net.

Accounts Receivable

Accounts receivable are generally due within thirty days and are recorded net of an allowance for expected uncollectible amounts. We consider accounts outstanding longer than the contractual payment terms as past due. The risk characteristics we generally review when analyzing our accounts receivable pools primarily include the type of receivable (for example, credit

card vs hotel collect), collection terms and historical or expected credit loss patterns. For each pool, we make estimates of expected credit losses for our allowance by considering a number of factors, including the length of time trade accounts receivable are past due, previous loss history continually updated for new collections data, the credit quality of our customers, current economic conditions, reasonable and supportable forecasts of future economic conditions and other factors that may affect our ability to collect from customers. The provision for estimated credit losses is recorded as cost of revenue in our consolidated statements of operations.

Property and Equipment

We record property and equipment at cost, net of accumulated depreciation and amortization. We also capitalize certain costs incurred related to the development of internal use software. We capitalize costs incurred during the application development stage related to the development of internal use software. We expense costs incurred related to the planning and post-implementation phases of development as incurred.

We compute depreciation using the straight-line method over the estimated useful lives of the assets, which is three to five years for computer equipment, capitalized software development and furniture and other equipment, 15 years for land improvements, and 40 years for buildings, which includes our corporate headquarters. Land is not depreciated. We amortize leasehold improvement using the straight-line method, over the shorter of the estimated useful life of the improvement or the remaining term of the lease.

We establish assets and liabilities for the present value of estimated future costs to return certain of our leased facilities to their original condition under the authoritative accounting guidance for asset retirement obligations. Such assets are depreciated over the lease period into operating expense, and the recorded liabilities are accreted to the future value of the estimated restoration costs.

Leases

We determine if an arrangement is a lease at inception. Operating leases are primarily for office space and data centers and are included in operating lease right-of-use ("ROU") assets, accrued expenses and other current liabilities, and operating lease liabilities on our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term.

For operating leases with a term of one year or less, we have elected to not recognize a lease liability or ROU asset on our consolidated balance sheet. Instead, we recognize the lease payments as expense on a straight-line basis over the lease term. Short-term lease costs are immaterial to our consolidated statements of operations and cash flows.

We have office space and data center lease agreements with insignificant non-lease components and have elected the practical expedient to combine and account for lease and non-lease components as a single lease component.

Business Combinations

We assign the value of the consideration transferred to acquire a business to the tangible assets and identifiable intangible assets acquired and liabilities assumed on the basis of their fair values at the date of acquisition. Any excess purchase price over the fair value of the net tangible and intangible assets acquired is allocated to goodwill. When determining the fair values of assets acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets. Critical estimates in valuing certain intangible assets include but are not limited to future expected cash flows from customer relationships and trade names, and discount rates. Management’s estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. Any changes to provisional amounts identified during the measurement period are recognized in the reporting period in which the adjustment amounts are determined.

Recoverability of Goodwill and Indefinite-Lived Intangible Assets

Goodwill is assigned to reporting units that are expected to benefit from the synergies of the business combination as of the acquisition date. We assess goodwill and indefinite-lived intangible assets, neither of which is amortized, for impairment annually as of October 1, or more frequently, if events and circumstances indicate impairment may have occurred. In the evaluation of goodwill for impairment, we typically perform a quantitative assessment and compare the fair value of the

reporting unit to the carrying value. An impairment charge is recorded based on the excess of the reporting unit's carrying amount over its fair value. Periodically, we may choose to perform a qualitative assessment, prior to performing the quantitative analysis, to determine whether the fair value of the goodwill is more likely than not impaired.

We generally base our measurement of fair value of reporting units, except for trivago, which is a separately listed company on the Nasdaq Global Select Market, on a blended analysis of the present value of future discounted cash flows and market valuation approach with the exception of our standalone publicly traded subsidiary, which is based on market valuation. The discounted cash flows model indicates the fair value of the reporting units based on the present value of the cash flows that we expect the reporting units to generate in the future. Our significant estimates in the discounted cash flows model include: our weighted average cost of capital; long-term rate of growth and profitability of our business; and working capital effects. The market valuation approach indicates the fair value of the business based on a comparison of the Company to comparable publicly traded firms in similar lines of business. Our significant estimates in the market approach model include identifying similar companies with comparable business factors such as size, growth, profitability, risk and return on investment and assessing comparable revenue and operating income multiples in estimating the fair value of the reporting units. The fair value of the trivago reporting unit was based on trivago's stock price, a Level 1 input, adjusted for an estimated control premium.

We believe the weighted use of discounted cash flows and market approach is the best method for determining the fair value of our reporting units because these are the most common valuation methodologies used within the travel and internet industries; and the blended use of both models compensates for the inherent risks associated with either model if used on a stand-alone basis.

In addition to measuring the fair value of our reporting units as described above, we consider the combined carrying and fair values of our reporting units in relation to the Company’s total fair value of equity plus debt as of the assessment date. Our equity value assumes our fully diluted market capitalization, using either the stock price on the valuation date or the average stock price over a range of dates around the valuation date, plus an estimated acquisition premium which is based on observable transactions of comparable companies. The debt value is based on the highest value expected to be paid to repurchase the debt, which can be fair value, principal or principal plus a premium depending on the terms of each debt instrument.

In our evaluation of our indefinite-lived intangible assets, we typically first perform a quantitative assessment and an impairment charge is recorded for the excess of the carrying value of indefinite-lived intangible assets over their fair value, if necessary. We base our measurement of fair value of indefinite-lived intangible assets, which primarily consist of trade name and trademarks, using the relief-from-royalty method. This method assumes that the trade name and trademarks have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them. As with goodwill, periodically, we may choose to perform a qualitative assessment, prior to performing the quantitative analysis, to determine whether the fair value of the indefinite-lived intangible asset is more likely than not impaired.

Recoverability of Intangible Assets with Definite Lives and Other Long-Lived Assets

Intangible assets with definite lives and other long-lived assets are carried at cost and are amortized on a straight-line basis over their estimated useful lives of one to ten years. We review the carrying value of long-lived assets or asset groups, including property and equipment, to be used in operations whenever events or changes in circumstances indicate that the carrying amount of the assets might not be recoverable. Factors that would necessitate an impairment assessment include a significant adverse change in the extent or manner in which an asset is used, a significant adverse change in legal factors or the business climate that could affect the value of the asset, or a significant decline in the observable market value of an asset, among others. If such facts indicate a potential impairment, we would assess the recoverability of an asset group by determining if the carrying value of the asset group exceeds the sum of the projected undiscounted cash flows expected to result from the use and eventual disposition of the assets over the remaining economic life of the primary asset in the asset group. If the recoverability test indicates that the carrying value of the asset group is not recoverable, we will estimate the fair value of the asset group using appropriate valuation methodologies which would typically include an estimate of discounted cash flows. Any impairment would be measured as the difference between the asset groups carrying amount and its estimated fair value.

Assets held for sale, to the extent we have any, are reported at the lower of cost or fair value less costs to sell.

Income Taxes

We record income taxes under the liability method. Deferred tax assets and liabilities reflect our estimation of the future tax consequences of temporary differences between the carrying amounts of assets and liabilities for book and tax purposes. We determine deferred income taxes based on the differences in accounting methods and timing between financial statement and income tax reporting. Accordingly, we determine the deferred tax asset or liability for each temporary difference based on the enacted tax rates expected to be in effect when we realize the underlying items of income and expense.

We consider many factors when assessing the likelihood of future realization of our deferred tax assets, including our recent earnings experience by jurisdiction, expectations of future taxable income, and the carryforward periods available to us

for tax reporting purposes, as well as other relevant factors. We may establish a valuation allowance to reduce deferred tax assets to the amount we believe is more likely than not to be realized. Due to inherent complexities arising from the nature of our businesses, future changes in income tax law, tax sharing agreements or variances between our actual and anticipated operating results, we make certain judgments and estimates. Therefore, actual income taxes could materially vary from these estimates. All deferred income taxes are classified as long-term on our consolidated balance sheets.

We account for uncertain tax positions based on a two-step process of evaluating recognition and measurement criteria. The first step assesses whether the tax position is more likely than not to be sustained upon examination by the tax authority, including resolution of any appeals or litigation, based on the technical merits of the position. If the tax position meets the more likely than not criteria, the portion of the tax benefit greater than 50% likely to be realized upon settlement with the tax authority is recognized in the financial statements.

We recognize interest and penalties related to unrecognized tax benefits in the income tax expense line in our consolidated statement of operations. Accrued interest and penalties are included in other long-term liabilities on the consolidated balance sheet.

In relation to tax effects for accumulated OCI, our policy is to release the tax effects of amounts reclassified from accumulated OCI to pre-tax income (loss) from continuing operations. Any remaining tax effect in accumulated OCI is released following a portfolio approach.

We account for the global intangible low-tax income earned by our foreign subsidiaries included in gross U.S. taxable income in the period incurred.

Derivative Instruments

Derivative instruments are carried at fair value on our consolidated balance sheets. The fair values of the derivative financial instruments generally represent the estimated amounts we would expect to receive or pay upon termination of the contracts as of the reporting date.

At December 31, 2022 and 2021, our derivative instruments primarily consisted of foreign currency forward contracts. We use foreign currency forward contracts to economically hedge certain merchant revenue exposures, foreign denominated liabilities related to certain of our loyalty programs and our other foreign currency-denominated operating liabilities. Our goal in managing our foreign exchange risk is to reduce, to the extent practicable, our potential exposure to the changes that exchange rates might have on our earnings, cash flows and financial position. Our foreign currency forward contracts are typically short-term and, as they do not qualify for hedge accounting treatment, we classify the changes in their fair value in other, net. We do not hold or issue financial instruments for speculative or trading purposes.

Until their redemption in March 2022, the aggregate principal value of our €650 million of registered senior unsecured notes that bore interest at 2.5% (the “2.5% Notes”) was designated as a hedge of our net investment in certain Euro-functional currency subsidiaries. The notes were measured at Euro to U.S. Dollar exchange rates at each balance sheet date and transaction gains or losses due to changes in rates were recorded in accumulated OCI within the foreign currency translation adjustment. The Euro denominated net assets of these subsidiaries were translated into U.S. Dollars at each balance sheet date, with effects of foreign currency changes also reported in accumulated OCI. In March 2022, we redeemed the 2.5% Notes and terminated the related hedging relationship. The currency translation adjustment amounts associated with the net investment hedge of the 2.5% Notes will remain in accumulated OCI until realized upon a full or partial sale or liquidation of applicable Euro-functional currency subsidiaries.

In March 2022, we entered into two fixed-to-fixed cross-currency interest rate swaps (the “swaps”) with an aggregate notional amount of €300 million. During the term of each contract, we receive interest payments in U.S. dollars at a fixed rate of 5% and make interest payments in Euros at an average fixed rate of 3.38% based on a notional amount and fixed interest rates determined at contract inception. The swaps were designated as a hedge of our net investment in certain Euro functional currency subsidiaries. Hedge effectiveness is assessed each quarter based on the net investment in the foreign subsidiaries designated as the hedged item and the changes in the fair value of the designated interest rate swaps based on spot rates. For hedges that meet the effectiveness requirements, changes in fair value are recorded as accumulated OCI within the foreign currency translation adjustment. Amounts excluded from hedge effectiveness at inception are recognized as interest accrues within interest expense. The maturity date of both swaps is February 2026, whereby, we will receive U.S. dollars from and pay Euros to the contract counterparties.

Foreign Currency Translation and Transaction Gains and Losses

Certain of our operations outside of the United States use the related local currency as their functional currency. We translate revenue and expense at average rates of exchange during the period. We translate assets and liabilities at the rates of

exchange as of the consolidated balance sheet dates and include foreign currency translation gains and losses as a component of accumulated OCI. Due to the nature of our operations and our corporate structure, we also have subsidiaries that have significant transactions in foreign currencies other than their functional currency. We record transaction gains and losses in our consolidated statements of operations related to the recurring remeasurement and settlement of such transactions.

To the extent practicable, we attempt to minimize this exposure by maintaining natural hedges between our current assets and current liabilities of similarly denominated foreign currencies. Additionally, as discussed above, we use foreign currency forward contracts to economically hedge certain merchant revenue exposures and in lieu of holding certain foreign currency cash for the purpose of economically hedging our foreign currency-denominated operating liabilities.

Debt Issuance Costs

We defer costs we incur to issue debt, which are presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability, and amortize these costs to interest expense over the term of the debt or in circumstances where the debt can be redeemed at the option of the holders, over the term of the redemption option.

Marketing Promotions

We periodically provide incentive offers to our customers to encourage booking of travel products and services. Generally, our incentive offers are as follows:

Current Discount Offers. These promotions include dollar or percent off discounts to be applied against current purchases. We record the discounts as reduction in revenue at the date we record the corresponding revenue transaction.

Inducement Offers. These promotions include discounts granted at the time of a current purchase to be applied against a future qualifying purchase. We treat inducement offers as a reduction to revenue based on estimated future redemption rates. We allocate the discount amount at the time of the offer between the current performance obligation and the potential future performance obligations based on our expected relative value of the transactions. We estimate our redemption rates using our historical experience for similar inducement offers.

Concession Offers. These promotions include discounts to be applied against a future purchase to maintain customer satisfaction. Upon issuance, we record these concession offers as a reduction to revenue based on estimated future redemption rates. We estimate our redemption rates using our historical experience for concession offers.

Advertising Expense

We incur advertising expense consisting of offline costs, including television and radio advertising, and online advertising expense to promote our brands. We expense the production costs associated with advertisements in the period in which the advertisement first takes place. We expense the costs of communicating the advertisement (e.g., television airtime) as incurred each time the advertisement is shown. For the years ended December 31, 2022, 2021 and 2020, our advertising expense was $3.9 billion, $2.7 billion and $1.2 billion.

Stock-Based Compensation

We measure and amortize the fair value of restricted stock units (“RSUs”) and stock options as follows:

Restricted Stock Units. RSUs are stock awards that are granted to employees entitling the holder to shares of common stock as the award vests, typically over a four-year period, but may accelerate in certain circumstances. We measure the value of RSUs at fair value based on the number of shares granted and the quoted price of our common stock at the date of grant. We amortize the fair value, net of actual forfeitures, as stock-based compensation expense over the vesting term on a straight-line basis. In addition, we have a limited number of performance stock units ("PSUs"), for which we calculate the fair value using a Monte Carlo valuation model and amortized the fair value, net of actual forfeitures, as stock-based compensation over the vesting term, generally a two or three year period, on an accelerated basis. The number of shares that ultimately vest depends on achieving certain performance metrics or performance goals, as applicable, by the end of the performance period, assuming there is no accelerated vesting for, among other things, a termination of employment under certain circumstances. We record RSUs that may be settled by the holder in cash, rather than shares, as a liability and we remeasure these instruments at fair value at the end of each reporting period. Upon settlement of these awards, our total compensation expense recorded over the vesting period of the awards will equal the settlement amount, which is based on our stock price on the settlement date.

Stock Options. Our employee stock options consist of service based awards. We measure the value of stock options issued or modified, including unvested options assumed in acquisitions, on the grant date (or modification or acquisition dates, if applicable) at fair value, using appropriate valuation techniques, including the Black-Scholes. We amortize the fair value, net

of actual forfeitures, over the remaining explicit vesting term in the case of service-based awards and the longer of the derived service period or the explicit service period for awards with market conditions on a straight-line basis. In addition, we classify certain employee option awards as liabilities when we deem it not probable that the employees holding the awards will bear the risk and rewards of stock ownership for a reasonable period of time. Such options are revalued at the end of each reporting period and upon settlement our total compensation expense recorded from grant date to settlement date will equal the settlement amount. The majority of our stock options vest over three to four years.

Estimates of fair value are not intended to predict actual future events or the value ultimately realized by employees who receive these awards, and subsequent events are not indicative of the reasonableness of our original estimates of fair value.

Earnings Per Share

We compute basic earnings per share by taking net income or loss attributable to Expedia Group, Inc. available to common stockholders divided by the weighted average number of common and Class B common shares outstanding during the period excluding restricted stock and stock held in escrow. Diluted earnings per share include the potential dilution that could occur from stock-based awards and other stock-based commitments (which includes our Convertible Notes) using the treasury stock or the if converted method, as applicable. For additional information on how we compute earnings per share, see NOTE 12 — Earnings Per Share.

Fair Value Recognition, Measurement and Disclosure

The carrying amounts of cash and cash equivalents and restricted cash and cash equivalents reported on our consolidated balance sheets approximate fair value as we maintain them with various high-quality financial institutions. The accounts receivable are short-term in nature and are generally settled shortly after the sale.

We disclose the fair value of our financial instruments based on the fair value hierarchy using the following three categories:

Level 1 — Valuations based on quoted prices for identical assets and liabilities in active markets.

Level 2 — Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data.

Level 3 — Valuations based on unobservable inputs reflecting the Company’s own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment.

Certain Risks and Concentrations

Our business is subject to certain risks and concentrations including dependence on relationships with travel suppliers, primarily airlines and hotels, dependence on third-party technology providers, exposure to risks associated with online commerce security and payment related fraud. We also rely on global distribution system partners and third-party service providers for certain fulfillment services.

Financial instruments, which potentially subject us to concentration of credit risk, consist primarily of cash and cash equivalents. We maintain some cash and cash equivalents balances with financial institutions that are in excess of Federal Deposit Insurance Corporation insurance limits. Our cash and cash equivalents are primarily composed of term deposits as well as bank (both interest and non-interest bearing) account balances denominated in U.S. dollars, Euros, British pound, Canadian dollar, Australian dollar, Brazilian real, Swiss Franc and Indian Rupee.

Contingent Liabilities

We have a number of regulatory and legal matters outstanding, as discussed further in NOTE 15 — Commitments and Contingencies. Periodically, we review the status of all significant outstanding matters to assess the potential financial exposure. When (i) it is probable that an asset has been impaired or a liability has been incurred and (ii) the amount of the loss can be reasonably estimated, we record the estimated loss in our consolidated statements of operations. We provide disclosure in the notes to the consolidated financial statements for loss contingencies that do not meet both of these conditions if there is a reasonable possibility that a loss may have been incurred that would be material to the financial statements. Significant judgment is required to determine the probability that a liability has been incurred and whether such liability is reasonably estimable. We base accruals made on the best information available at the time which can be highly subjective. The final outcome of these matters could vary significantly from the amounts included in the accompanying consolidated financial statements.

Occupancy and Other Taxes

Some states and localities impose taxes (e.g. transient occupancy, accommodation tax, sales tax, and/or business privilege tax) on the use or occupancy of hotel accommodations or other traveler services. Generally, hotels collect taxes based on the room rate paid to the hotel and remit these taxes to the various tax authorities. When a customer books a room through one of our travel services, we collect a tax recovery charge from the customer which we pay to the hotel. We calculate the tax recovery charge by applying the applicable tax rate supplied to us by the hotels to the amount that the hotel has agreed to receive for the rental of the room by the consumer. In most jurisdictions, we do not collect or remit taxes, nor do we pay taxes to the hotel operator on the portion of the customer payment we retain. Some jurisdictions have questioned our practice in this regard. While the applicable tax provisions vary among the jurisdictions, we generally believe that we are not required to collect and remit such taxes. A limited number of taxing jurisdictions have made similar claims against certain of our companies for tax amounts due on the rental amounts charged by owners of alternative accommodations properties or for taxes on our services. We are an intermediary between a traveler and a party renting a vacation property and we believe is similarly not liable for such taxes. We are engaged in discussions with tax authorities in various jurisdictions to resolve these issues. Some tax authorities have brought lawsuits or have levied assessments asserting that we are required to collect and remit tax. The ultimate resolution in all jurisdictions cannot be determined at this time. We have established a reserve for the potential settlement of issues related to hotel occupancy and other taxes when determined to be probable and estimable. See NOTE 15 — Commitments and Contingencies for further discussion.

Recently Adopted Accounting Policies

In June 2022, the Financial Accounting Standards Board (“FASB”) issued new guidance related to fair value measurement of equity securities, which clarifies the fair value measurement of an equity security that is subject to a contractual sale restriction and requires specific disclosures related to such an equity security. The new guidance is effective for fiscal years beginning after December 15, 2023, with early adoption permitted. We elected to early adopt the new guidance in the second quarter of 2022 on a prospective basis. One of our minority equity investments is accounted for in accordance with this new guidance See NOTE 3 — Fair Value Measurements for additional information.

Recent Accounting Policies Not Yet Adopted

In October 2021, the FASB issued new guidance relate to recognizing and measuring contract assets and contract liabilities from contracts with customers acquired in a business combination. The new guidance will require acquiring entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination as compared to current GAAP where an acquirer generally recognizes such items at fair value on the acquisition date. The new guidance is effective on a prospective basis for fiscal years beginning after December 15, 2022, with early adoption permitted. We do not expect it will have a material impact, if any, on our consolidated financial statements.

Fair Value Measurements

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Fair Value Measurements

NOTE 3 — Fair Value Measurements

Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2022 are classified using the fair value hierarchy in the table below:


	Total		Level 1		Level 2
	(In millions)
Assets
Cash equivalents:
Money market funds	$	3	$	3	$	—

Term deposits	188		—		188
Derivatives:
Foreign currency forward contracts	15		—		15
Cross-currency interest rate swaps	21		—		21
Investments:
Term deposits	48		—		48
Equity investments	564		49		515
Total assets	$	839	$	52	$	787

Financial assets measured at fair value on a recurring basis as of December 31, 2021 are classified using the fair value hierarchy in the table below:


	Total		Level 1		Level 2		Level 3
	(In millions)
Assets
Cash equivalents:
Money market funds	$	47	$	47	$	—	$	—
Mutual funds	23		23		—		—
Term deposits	153		—		153		—
Derivatives:
Foreign currency forward contracts	3		—		3		—
Investments:
Term deposits	200		—		200		—
Equity investments	909		94		—		815
Total assets	$	1,335	$	164	$	356	$	815

We classify our cash equivalents and investments within Level 1 and Level 2 as we value our cash equivalents and investments using quoted market prices or alternative pricing sources and models utilizing market observable inputs. Valuation of the foreign currency forward contracts is based on foreign currency exchange rates in active markets, a Level 2 input. Valuation of the cross-currency interest rate swaps is based on foreign currency exchange rates and the current interest rate curve, Level 2 inputs.

We hold term deposit investments with financial institutions. Term deposits with original maturities of less than three months are classified as cash equivalents, those with remaining maturities of less than one year are classified within short-term investments and those with remaining maturities of greater than one year are classified within long-term investments and other assets.

As of December 31, 2022 and 2021, our cash and cash equivalents consisted primarily of term deposits, money market funds and mutual funds with maturities of three months or less and bank account balances.

We use foreign currency forward contracts to economically hedge certain merchant revenue exposures, foreign denominated liabilities related to certain of our loyalty programs and our other foreign currency-denominated operating liabilities. As of December 31, 2022, we were party to outstanding forward contracts hedging our liability exposures with a total net notional value of $2.8 billion. As of December 31, 2022 and 2021, we had net forward assets of $15 million ($29 million gross forward asset) and $3 million ($12 million gross forward asset) recorded in prepaid expenses and other current assets. We recorded $(66) million, $1 million and $74 million in net gains (losses) from foreign currency forward contracts in 2022, 2021 and 2020.

On March 2, 2022, we entered into two fixed-to-fixed cross-currency interest rate swaps with an aggregate notional amount of €300 million, and maturity dates of February 2026. The swaps were designated as net investment hedges of Euro assets with the objective to protect the U.S. dollar value of our net investments in the Euro foreign operations due to movements in foreign currency. The fair value of the cross-currency interest rate swaps was a $21 million asset as of December 31, 2022 recorded in long-term investments and other assets, and the gain recognized in interest expense during the year ended December 31, 2022 was $5 million.

Our equity investments include our marketable equity investment in Despegar, a publicly traded company, which is included in long-term investments and other assets in our consolidated balance sheets. During the years ended December 31, 2022, 2021, and 2020, we recognized losses of approximately $45 million, $29 million and $6 million, respectively, within other, net in our consolidated statements of operations related to the fair value changes of this equity investment.

In connection with our disposition of Egencia (our former corporate travel arm) in November 2021 as discussed in NOTE 16 – Divestitures, we became an indirect holder of approximately 19% interest in GBT JerseyCo Ltd. (“GBT”), doing business as American Express Global Business Travel, with an initial fair value of $815 million. As we elected the fair value option for our investment, during the first quarter of 2022, we recorded a downward adjustment of approximately $2 million based on an updated valuation. In May 2022, GBT completed a deSPAC business combination with Apollo Strategic Growth Capital. This combination resulted in a newly publicly traded company, Global Business Travel Group, Inc (“GBTG”), which together with GBT’s pre-combination shareholders owned all of GBT. Post combination and as of December 31, 2022, we had an approximately 16% ownership interest in GBT and a commensurate voting interest in GBTG. Our shares in GBT are exchangeable on a 1:1 basis for GBTG shares, and as such, we valued our investment based on the GBTG’s share price as of

the last trading day in 2022, which resulted in a loss of $300 million within other, net in our consolidated statements of operations for the year ended December 31, 2022.

The following table reconciles, in millions, the beginning and ending balances of our Level 3 assets. With the May 2022 business combination of GBTG, we reclassified our equity investment from a Level 3 asset to a Level 2 asset.


Balance at December 31, 2021	$	815
Upward (downward) adjustment to valuation	(335)
Reclassification to Level 2	(480)
Balance at December 31, 2022	$	—

Assets Measured at Fair Value on a Non-recurring Basis

Our non-financial assets, such as goodwill, intangible assets and property and equipment, as well as equity method investments for which we have not elected the fair value option, are adjusted to fair value when an impairment charge is recognized or the underlying investment is sold. Such fair value measurements are based predominately on Level 3 inputs. We measure our minority investments that do not have readily determinable fair values at cost less impairment, adjusted by observable price changes with changes recorded within other, net on our consolidated statements of operations.

Goodwill. During 2021, we recognized a goodwill impairment charge of $14 million in our B2B segment resulting from valuing a component of our Egencia reporting unit that remained after the sale on November 1, 2021.

During 2020, due to the severe and persistent negative effect COVID-19 had on global economies, the travel industry and our business, as well as the uncertainty and high variability in anticipated versus actual rates of recovery, in addition to our annual assessment on October 1, 2020, we deemed it necessary to perform various interim assessments of goodwill. As a result of assessments during 2020, we recognized goodwill impairment charges of $799 million, of which $559 million related to our Retail segment, primarily our Vrbo reporting unit, and $240 million related to our trivago segment.

Our assessments compared the fair value of the reporting units to their carrying value. The fair value estimates for all reporting units, except trivago, were based on a blended analysis of the present value of future discounted cash flows and market value approach, Level 3 inputs. The significant estimates used in the discounted cash flows model included our weighted average cost of capital, projected cash flows and the long-term rate of growth. Our assumptions were based on the actual historical performance of the reporting unit and took into account operating result trends, the anticipated duration of COVID-19 impacts and rates of recovery, and implied risk premiums based on market prices of our equity and debt as of the assessment dates. Our significant estimates in the market approach model included identifying similar companies with comparable business factors such as size, growth, profitability, risk and return on investment and assessing comparable revenue and earnings multiples in estimating the fair value of the reporting unit. The fair value estimate for the trivago reporting unit was based on trivago’s stock price, a Level 1 input, adjusted for an estimated control premium. The excess of the reporting unit's carrying value over our estimate of the fair value was recorded as goodwill impairment charges during 2020. As of December 31, 2020, the applicable reporting units within our Retail segment had $2.3 billion goodwill remaining after the impairments incurred in 2020 and our trivago segment had $337 million goodwill remaining.

As noted above, trivago is subject to its own reporting and filing requirements and, therefore, assesses goodwill at a lower level, which could result in possible differences in the ultimate amount or timing of impairments recognized. Additionally, as the stock of our trivago segment is publicly traded, it is difficult to predict market dynamics and the extent or duration of any stock price declines.

Intangible and Long-term Assets. During 2022, we recognized intangible impairment charges of $81 million related to an indefinite-lived trade name within our trivago segment that primarily resulted from changes in the weighted average cost of capital. The indefinite-lived trade name asset, classified as Level 3 measurements, was valued using the relief-from-royalty method, which includes unobservable inputs, including projected revenues, royalty rates and weighted average cost of capital.

During 2021, we recognized long-term asset impairment charges of $6 million in our B2B segment resulting from the write-off of capitalized software of a component of our Egencia reporting unit that remained after the sale on November 1, 2021.

During 2020, we recognized intangible asset impairment charges of $175 million within our Retail segment, of which $119 million related to indefinite-lived trade names that resulted from changes in estimated future revenues of the related brands as well as $35 million related to definite-lived intangible assets and $21 million related to other long-lived assets. The indefinite-lived intangible assets, classified as Level 3 measurements, were valued using the relief-from-royalty method, which includes unobservable inputs, including projected revenues and royalty rates, which ranged from 2% to 8% with a weighted average royalty rate of 7%. For definite-lived intangible assets, classified as Level 3 measurements, we compared the estimated

future, net undiscounted cash flows, which included key inputs such as rates of growth and profitability of our business as well as incremental net working capital, to the long-lived asset’s carrying amount. During 2020, we met the criteria to recognize certain smaller businesses within our Retail segment as held-for-sale. As such, we remeasured the disposal groups at fair value, less costs to sell, which is considered a Level 3 measurement and was based on each transaction’s estimated consideration as of the date of close.

Minority Investments without Readily Determinable Fair Values. As of both December 31, 2022 and 2021, the carrying values of our minority investments without readily determinable fair values totaled $330 million. During 2022 and 2021, we had no material gains or losses recognized related to these minority investments. During 2020, we recorded $134 million of losses related to a minority investment, which had recent observable and orderly transactions for similar investments, using an option pricing model that utilizes judgmental inputs such as discounts for lack of marketability and estimated exit event timing. As of December 31, 2022, total cumulative adjustments made to the initial cost basis of these investments included $2 million in unrealized upward adjustments and $105 million in unrealized downward adjustments (including impairments).

Property and Equipment, Net

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

NOTE 4 — Property and Equipment, Net

Our property and equipment consists of the following:


	December 31,
	2022		2021
	(In millions)
Capitalized software development	$	3,107	$	2,892
Computer equipment	353		351
Furniture and other equipment	102		106
Buildings and leasehold improvements	1,183		1,220
Land	146		146
	4,891		4,715
Less: accumulated depreciation	(2,744)		(2,568)
Projects in progress	63		33
Property and equipment, net	$	2,210	$	2,180

As of December 31, 2022 and 2021, our recorded capitalized software development costs, net of accumulated amortization, which have been placed in service were $960 million and $895 million. For the years ended December 31, 2022, 2021 and 2020, we recorded amortization of capitalized software development costs of $597 million, $588 million and $593 million included in depreciation and amortization expense.

As of December 31, 2022, 2021 and 2020, we had $26 million, $4 million and $9 million, respectively, included in accounts payable for the acquisition of property and equipment, which is considered a non-cash investing activity in the consolidated statements of cash flows.

Leases

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Leases

NOTE 5 – Leases

We have operating leases for office space and data centers. Our leases have remaining lease terms of one year to 15 years, some of which include options to extend the leases for up to ten years, and some of which include options to terminate the leases within one year.

Operating lease costs were $99 million, $119 million and $159 million for the years ended December 31, 2022, 2021 and 2020, respectively.

Supplemental cash flow information related to leases were as follows:


	Year ended December 31,
	2022		2021		2020
	(In millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating lease payments	$	96	$	151	$	139
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	75		30		117

Supplemental consolidated balance sheet information related to leases were as follows:


	December 31, 2022			December 31, 2021
	(in millions)
Operating lease right-of-use assets	$	363		$	407

Current lease liabilities, included within Accrued expenses and other current liabilities	$	77		$	77
Long-term lease liabilities, included within Operating lease liabilities	312			360
Total operating lease liabilities	$	389		$	437

Weighted average remaining lease term	7.1 years			8.1 years
Weighted average discount rate	3.5		%	3.5		%

Maturities of lease liabilities are as follows:


	Operating Leases
	(in millions)
Year ending December 31,
2023	$	88
2024	67
2025	56
2026	51
2027	47
2028 and thereafter	134
Total lease payments	443
Less: imputed interest	(54)
Total	$	389

Goodwill and Intangible Assets, Net

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets, Net

NOTE 6 — Goodwill and Intangible Assets, Net

The following table presents our goodwill and intangible assets as of December 31, 2022 and 2021:


	December 31,
	2022		2021
	(In millions)
Goodwill	$	7,143	$	7,171
Intangible assets with indefinite lives	1,058		1,166
Intangible assets with definite lives, net	151		227
	$	8,352	$	8,564

Impairment Assessments. We perform our annual assessment of possible impairment of goodwill and indefinite-lived intangible assets as of October 1, or more frequently if events and circumstances indicate that an impairment may have occurred.

During 2022, we recognized an intangible impairment charge of $81 million related to an indefinite-lived trade name within our trivago segment. During 2021, we recognized a goodwill impairment charge of $14 million. During 2020, due to the severe and persistent negative effect COVID-19 had on global economies, the travel industry and our business, as well as the uncertainty and high variability in anticipated versus actual rates of recovery, in addition to our annual assessment, we deemed it necessary to perform various interim assessments of goodwill and intangible assets. As a result of these assessments, we recognized goodwill impairment charges of $799 million, of which $559 million related to our Retail segment, primarily our Vrbo reporting unit, and $240 million related to our trivago segment. We also incurred impairment charges of $175 million related to intangible assets with both indefinite-lives and definite lives, primarily within our Retail segment.

Goodwill. The following table presents the changes in goodwill by reportable segment:


	Retail		B2B		trivago		Total
	(In millions)
Balance as of January 1, 2021	$	6,505	$	538	$	337	$	7,380
Impairment charges	—		(14)		—		(14)
Additions	—		—		5		5
Deductions	(34)		(167)		—		(201)
Foreign exchange translation and other	(9)		37		(27)		1
Balance as of December 31, 2021	6,462		394		315		7,171



Foreign exchange translation and other	(29)		18		(17)		(28)
Balance as of December 31, 2022	$	6,433	$	412	$	298	$	7,143

As of December 31, 2022 and 2021, accumulated goodwill impairment losses in total were $3.3 billion, of which $3.0 billion was associated with our Retail segment, $240 million was associated with our trivago segment and $14 million was associated with our B2B segment.

Indefinite-lived Intangible Assets. Our indefinite-lived intangible assets relate principally to trade names and trademarks acquired in various acquisitions.

Intangible Assets with Definite Lives. The following table presents the components of our intangible assets with definite lives as of December 31, 2022 and 2021:


	December 31, 2022						December 31, 2021
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
	(In millions)
Customer relationships	$	382	$	(336)	$	46	$	565	$	(502)	$	63
Supplier relationships	478		(460)		18		626		(564)		62
Domain names	149		(118)		31		164		(133)		31
Other	686		(630)		56		1,016		(945)		71
Total	$	1,695	$	(1,544)	$	151	$	2,371	$	(2,144)	$	227

Amortization expense was $88 million, $99 million and $154 million for the years ended December 31, 2022, 2021 and 2020. The estimated future amortization expense related to intangible assets with definite lives as of December 31, 2022, assuming no subsequent impairment of the underlying assets, is as follows, in millions:


2023	$	59
2024	52
2025	33
2026	7


Total	$	151

Debt

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Debt

NOTE 7 — Debt

The following table sets forth our outstanding debt:


	December 31,
	2022		2021
	(In millions)
2.5% (€650 million) senior notes due 2022	$	—	$	735
3.6% senior notes due 2023	—		497
4.5% senior notes due 2024	—		498
6.25% senior notes due 2025	1,036		1,033
5.0% senior notes due 2026	746		745
0% convertible senior notes due 2026	989		986
4.625% senior notes due 2027	745		744
3.8% senior notes due 2028	995		994
3.25% senior notes due 2030	1,237		1,235
2.95% senior notes due 2031	492		983
Long-term debt(1)	6,240		8,450
Current maturities of long-term debt	—		(735)
Long-term debt, excluding current maturities	$	6,240	$	7,715

___________________________________

(1)Net of applicable discounts and debt issuance costs.

Redemption of Senior Notes

During 2022, we early redeemed all of our €650 million registered senior unsecured notes that were due June 2022 and bore interest at 2.5% (the “2.5% Notes”), all of our $500 million registered senior unsecured notes that were due December 2023 and bore interest at 3.6% (the “3.6% Notes”), and all of our $500 million registered senior unsecured notes that were due August 2024 and bore interest at 4.5% (the “4.5% Notes”), which resulted in the recognition of a loss on debt extinguishment of $24 million during the year ended December 31, 2022. This loss primarily reflected the payment of "make-whole" premiums of $20 million for the 3.6% and 4.5% Notes as well as the write-off of unamortized debt issuance costs and discounts of $4 million.

In addition, during 2022, we settled a tender offer to purchase $500 million in aggregate principal of our 2.95% Senior Notes due 2031 (the “2.95% Notes”) for an aggregate cash repurchase price of approximately $418 million, which resulted in the recognition of a net gain on debt extinguishment of $73 million. The net gain included the write-off of debt issuance costs and discounts of $8 million as well as fees of $1 million.

We paid accrued and unpaid interest on the 2.5%, 3.6%, 4.5% and 2.95% Notes up to their dates of redemption.

During 2021, we redeemed all of our then outstanding 7.0% senior notes due 2025 as well as settled the tender offer to purchase $956 million in aggregate principal of our 6.25% senior notes due 2025, which resulted in the recognition of a loss on debt extinguishment of $280 million during the year ended December 31, 2021. This loss primarily reflected the payment of early payment premiums and fees associated with the tender offer as well as the write-off of unamortized debt issuance costs.

Outstanding Debt

Senior Notes Outstanding. In prior years, we issued the following senior notes, which are still outstanding as of December 31, 2022:

•Approximately $1 billion of senior unsecured notes that are due in May 2025 that bear interest at 6.25% (the “6.25% Notes”), which reflects the 2021 tender offer to purchase $956 million in aggregate principal discussed above. The 6.25% Notes were issued at a price of 100% of the aggregate principal amount. Interest is payable semi-annually in arrears in May and November of each year. We may redeem some or all of the 6.25% Notes at any time prior to February 1, 2025 by paying a “make-whole” premium plus accrued and unpaid interest, if any. We may redeem some or all of the 6.25% Notes on or after February 1, 2025 at par plus accrued and unpaid interest, if any.

•$750 million of registered senior unsecured notes that are due in February 2026 that bear interest at 5.0% (the “5.0% Notes”). The 5.0% Notes were issued at 99.535% of par resulting in a discount, which is being amortized over their life. Interest is payable semi-annually in arrears in February and August of each year. We may redeem the 5.0% Notes at our option at any time in whole or from time to time in part. If we elect to redeem the 5.0% Notes prior to November

12, 2025, we may redeem them at a redemption price of 100% of the principal plus accrued interest, plus a “make-whole” premium. If we elect to redeem the 5.0% Notes on or after November 12, 2025, we may redeem them at a redemption price of 100% of the principal plus accrued interest.

•$750 million of registered senior unsecured notes that are due in August 2027 that bear interest at 4.625% (the “4.625% Notes”). The 4.625% Notes were issued at a price of 99.997% of the aggregate principal amount. Interest is payable semi-annually in arrears in February and August of each year. We may redeem some or all of the 4.625% Notes at any time prior to May 1, 2027 by paying a “make-whole” premium plus accrued and unpaid interest, if any. We may redeem some or all of the 4.625% Notes on or after May 1, 2027 at par plus accrued and unpaid interest, if any.

•$1 billion of registered senior unsecured notes that are due in February 2028 that bear interest at 3.8% (the “3.8% Notes”). The 3.8% Notes were issued at 99.747% of par resulting in a discount, which is being amortized over their life. Interest is payable semi-annually in arrears in February and August of each year. We may redeem the 3.8% Notes at our option at any time in whole or from time to time in part. If we elect to redeem the 3.8% Notes prior to November 15, 2027, we may redeem them at a redemption price of 100% of the principal plus accrued interest, plus a “make-whole” premium. If we elect to redeem the 3.8% Notes on or after November 15, 2027, we may redeem them at a redemption price of 100% of the principal plus accrued interest.

•$1.25 billion of registered senior unsecured notes that are due in February 2030 and bear interest at 3.25% (the “3.25% Notes”). The 3.25% Notes were issued at 99.225% of par resulting in a discount, which is being amortized over their life. Interest is payable semi-annually in arrears in February and August of each year. We may redeem the 3.25% Notes at our option at any time in whole or from time to time in part. If we elect to redeem the 3.25% Notes prior to November 15, 2029, we may redeem them at a redemption price of 100% of the principal plus accrued interest, plus a “make-whole” premium. If we elect to redeem the 3.25% Notes on or after November 15, 2029, we may redeem them at a redemption price of 100% of the principal plus accrued interest.

•$500 million of senior unsecured notes that are due in March 2031 and bear interest at 2.95%, which reflects the 2022 tender offer to purchase $500 million in aggregate principal discussed above. The 2.95% Notes were issued at a price of 99.081% of the aggregate principal amount. Interest is payable semi-annually in arrears in March and September of each year and the interest rate is subject to adjustment based on certain ratings events. We may redeem some or all of the 2.95% Notes at any time prior to December 15, 2030 by paying a “make-whole” premium plus accrued and unpaid interest, if any. We may redeem some or all of the 2.95% Notes on or after December 15, 2030 at par plus accrued and unpaid interest, if any.

All of our outstanding senior notes (collectively the "Senior Notes") are senior unsecured obligations issued by Expedia Group and guaranteed by certain domestic Expedia Group subsidiaries. The Senior Notes rank equally in right of payment with all of our existing and future unsecured and unsubordinated obligations of Expedia Group and the guarantor subsidiaries. In addition, the Senior Notes include covenants that limit our ability to (i) create certain liens, (ii) enter into sale/leaseback transactions and (iii) merge or consolidate with or into another entity or transfer substantially all of our assets. The Senior Notes are redeemable in whole or in part, at the option of the holders thereof, upon the occurrence of certain change of control triggering events at a purchase price in cash equal to 101% of the principal plus accrued and unpaid interest. Accrued interest related to the Senior Notes was $73 million and $98 million as of December 31, 2022 and 2021.

Convertible Notes Outstanding. The net carrying amount of the Convertible Notes as of December 31, 2022 and 2021 was $989 million and $986 million, respectively, which reflects the $1 billion in principal less unamortized debt issuance costs of $11 million and $14 million, respectively. Interest expense related to the amortization of the debt issuance costs for the Convertible Notes was $3 million during both of the years ended December 31, 2022 and 2021.

The Convertible Notes are unsecured, unsubordinated obligations and rank equally in right of payment with each other and with all of our existing and future unsecured and unsubordinated obligations, including our existing senior notes. The Convertible Notes are fully and unconditionally guaranteed by the subsidiary guarantors, which include each domestic subsidiary that is a borrower under or guarantees the obligations under our existing senior secured credit agreement. So long as the guarantees are in effect, each subsidiary guarantor’s guarantee will be the unsecured, unsubordinated obligation of such subsidiary guarantor and will rank equally in right of payment with each other and with all of such subsidiary guarantor’s existing and future unsecured and unsubordinated obligations, including such subsidiary guarantor’s guarantees of our existing senior notes.

The Convertible Notes will mature on February 15, 2026, unless earlier converted, redeemed or repurchased. The Convertible Notes will not bear regular interest, and the principal amount of the Convertible Notes will not accrete.

The Convertible Notes have an initial conversion rate of 3.9212 shares of common stock of Expedia Group with a par value $0.0001 per share (referred to as “our common stock” herein), per $1,000 principal amount of Convertible Notes, which is equal to an initial conversion price of approximately $255.02 per share of our common stock. The conversion rate is subject

to adjustment from time to time upon the occurrence of certain events, including, but not limited to, the issuance of stock dividends and payment of cash dividends. At any time prior to the close of business on the business day immediately preceding November 15, 2025, holders may convert their Convertible Notes at their option only under the following circumstances:

• during any calendar quarter commencing after the calendar quarter ending on March 31, 2021 (and only during such calendar quarter), if the last reported sale price of our common stock for at least 20 trading days (whether or not consecutive) during the period of 30 consecutive trading days ending on, and including, the last trading day of the immediately preceding calendar quarter is equal to or greater than 130% of the conversion price then in effect on each applicable trading day;

• during the five business day period immediately after any five consecutive trading day period (the “measurement period”) in which the trading price per $1,000 principal amount of Convertible Notes for each trading day of the measurement period was less than 98% of the product of the last reported sale price of our common stock and the conversion rate on each such trading day;

• if the Company calls any or all of the Convertible Notes for redemption, at any time prior to the close of business on the business day immediately prior to the redemption date, but only with respect to the Convertible Notes called for redemption (or deemed called for redemption); or

• upon the occurrence of specified corporate events.

Irrespective of the foregoing conditions, holders may convert their Convertible Notes on or after November 15, 2025 and prior to the close of business on the second scheduled trading day immediately preceding the maturity date. Additionally, upon the occurrence of a corporate event that constitutes a “make-whole fundamental change” per the indenture, or if we call the Convertible Notes for redemption, and a holder elects to convert its Convertible Notes in connection with such make-whole fundamental change or during the related redemption period, as the case may be, such holder may be entitled to an increase in the conversion rate in certain circumstances as described in the indenture. Upon conversion, holders will receive cash, shares of our common stock or a combination of cash and shares of our common stock, at our election.

We may not redeem the Convertible Notes prior to February 20, 2024. On or after February 20, 2024 and prior to the 41st scheduled trading day immediately preceding the maturity date, if the last reported sale price per share of our common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period (including the last trading day of such period) ending on, and including, the trading day immediately preceding the date on which we provide notice of redemption, we may redeem for cash all or part of the Convertible Notes at a redemption price equal to 100% of the principal amount of the Convertible Notes to be redeemed, plus accrued and unpaid special interest, if any, to, but excluding, the redemption date, except as otherwise described in the indenture.

Estimated Fair Value. The total estimated fair value of our Senior Notes was approximately $4.9 billion and $8.0 billion as of December 31, 2022 and 2021. Additionally, the estimated fair value of the Convertible Notes was $871 million and $1.2 billion as of December 31, 2022 and 2021. The fair value was determined based on quoted market prices in less active markets and is categorized according as Level 2 in the fair value hierarchy.

Credit Facility

As of December 31, 2022, Expedia Group maintained a $2.5 billion revolving credit facility that matures in April 2027. As of December 31, 2022, we had no revolving credit facility borrowings outstanding. Loans under the revolving credit facility bear interest at a rate equal to an index rate plus a margin (a) in the case of term benchmark loans, ranging from 1.00% to 1.75% per annum, depending on Expedia Group's credit ratings, and (b) in the case of base rate loans, ranging from 0.00% to 0.75% per annum, depending on Expedia Group's credit ratings. A fee is payable quarterly in respect of undrawn commitments under the revolving credit facility at a rate ranging from 0.10% to 0.25% per annum, depending on Expedia Group's credit ratings. The terms of the revolving credit facility require Expedia Group to not exceed a specified maximum consolidated leverage ratio as of the end of each fiscal quarter.

The revolving credit facility has a $120 million letter of credit (“LOC”) sublimit, and the amount of LOCs issued under the facility reduced the credit amount available. As of December 31, 2022, there was $38 million of outstanding stand-by LOCs issued under the facility.

The current facility was setup in April 2022 and Expedia Group terminated all outstanding commitments and repaid all outstanding obligations under our prior $1.145 billion revolving credit facility and $855 million foreign credit facility. As of December 31, 2021, we had no borrowings outstanding under either prior facility and $14 million of outstanding stand-by LOCs issued under the $1.145 billion revolving facility.

- Definition

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI https://asc.fasb.org/topic&trid=2208564

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(c))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1C
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495334-112611

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1E
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495348-112611

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1I
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495371-112611

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 50
-Paragraph 1B
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=123466505&loc=SL123495323-112611

+ Details

Employee Benefit Plans	12 Months Ended
Employee Benefit Plans	Dec. 31, 2022
Postemployment Benefits [Abstract]
Employee Benefit Plans	Employee Benefit PlansOur U.S. employees are generally eligible to participate in a retirement and savings plan that qualifies under Section 401(k) of the Internal Revenue Code. Participating employees may contribute up to 50% of their eligible compensation, but not more than statutory limits. Expedia Group makes matching contributions in an amount equal to 50% of participant 401(k) contributions up to the first 6% of their compensation each payroll period. Our contribution vests with the employee after the employee completes two years of service. Participating employees have the option to invest in our common stock, but there is no requirement for participating employees to invest their contribution or our matching contribution in our common stock. We also have various defined contribution plans for our international employees. Our contributions to these benefit plans were $63 million, $68 million and $63 million for the years ended December 31, 2022, 2021 and 2020.

Stock-Based Awards and Other Equity Instruments

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Stock-Based Awards and Other Equity Instruments

NOTE 9 — Stock-Based Awards and Other Equity Instruments

Pursuant to the Amended and Restated Expedia Group, Inc. 2005 Stock and Annual Incentive Plan, we may grant restricted stock, restricted stock awards, RSUs, stock options and other stock-based awards, such as PSUs, to directors, officers, employees and consultants. As of December 31, 2022, we had approximately 7 million shares of common stock reserved for new stock-based awards under the 2005 Stock and Annual Incentive Plan. We issue new shares to satisfy the exercise or release of stock-based awards.

The following table presents a summary of RSU activity:


	RSUs	Weighted Average Grant-Date Fair Value
	(In thousands)








Balance as of December 31, 2021	5,822	$	140.33
Granted	3,967	150.35
Vested	(2,175)	139.18
Cancelled	(984)	142.14
Balance as of December 31, 2022	6,630	146.43

The following table presents a summary of PSU activity :


	PSUs	Weighted Average Grant-Date Fair Value
	(In thousands)



Shares probable to be issued as of December 31, 2021	380	$	133.42
Granted	125	222.80
Performance Shares Adjustment(1)	(223)	177.35
Vested	(179)	88.04
Cancelled	(70)	189.02
Shares probable to be issued as of December 31, 2022	33	87.58

___________________________________

(1)Outcome for vested performance-based awards is updated based upon achievement of certain stock price growth rate targets of the Company’s common stock. Probable outcome for unvested performance-based awards is based upon achievement of certain stock price growth rate targets of the Company’s common stock as of December 31, 2022.

The total market value of RSU and PSU shares vested during the years ended December 31, 2022, 2021 and 2020 was $336 million, $504 million and $172 million.

The following table summarizes the estimated vesting, as of December 31, 2022, of PSUs granted in 2022, 2021 and 2020, net of forfeiture and vesting since the respective grant dates:



	By Grant Year
Performance Stock Units	2022	2021	2020	Total	Weighted Average Grant-Date Fair Value
	(In thousands)
Shares probable to be issued	—	—	33	33	$	87.58
Shares not subject to the achievement of minimum performance thresholds	—	—	33	33	87.58
Shares that could be issued if maximum performance thresholds are met	205	259	118	582	174.54

The following table presents a summary of our stock option activity:


	Options	Weighted Average Exercise Price		Remaining Contractual Life	Aggregate Intrinsic Value
	(In thousands)			(In years)	(In millions)








Balance as of December 31, 2021	5,191	$	129.17

Exercised	(945)	103.20
Cancelled	(171)	111.66
Balance as of December 31, 2022	4,075	135.93		3.5	$	—
Exercisable as of December 31, 2022	1,756	109.19		1.3	—
Vested and expected to vest after December 31, 2022	4,075	135.93		3.5	—

The aggregate intrinsic value of outstanding options shown in the stock option activity table above represents the total pretax intrinsic value at December 31, 2022, based on our closing stock price of $87.60 as of the last trading date in 2022. The total intrinsic value of stock options exercised was $89 million, $302 million and $74 million for the years ended December 31, 2022, 2021 and 2020.

There were no options granted during 2022 or 2020. The fair value of stock options granted during 2021 were estimated at the date of grant using the Black-Scholes option-pricing model, assuming the following weighted average assumptions:


Risk-free interest rate	0.82		%
Expected volatility	42.64		%
Expected life (in years)	5.13
Dividend yield	—		%
Weighted-average estimated fair value of options granted during the year	$	60.39

In 2022, 2021 and 2020, we recognized total stock-based compensation expense of $374 million, $418 million and $205 million. The total income tax benefit related to stock-based compensation expense was $106 million, $157 million and $44 million for 2022, 2021 and 2020. We capitalized $54 million, $68 million and $36 million of stock-based compensation expense associated with the cost of developing internal-use software in 2022, 2021 and 2020.

Cash received from stock-based award exercises for the years ended December 31, 2022, 2021 and 2020 was $98 million, $476 million and $301 million, respectively. Total current income tax benefits during the years ended December 31, 2022, 2021 and 2020 associated with the exercise of stock-based awards held by our employees were $17 million, $28 million and $1 million, respectively.

As of December 31, 2022, there was approximately $938 million of unrecognized stock-based compensation expense related to unvested stock-based awards, which is expected to be recognized in expense over a weighted-average period of 2.73 years.

Employee Stock Purchase Plan

We have an Employee Stock Purchase Plan (“ESPP”), which allows shares of our common stock to be purchased by eligible employees at three-month intervals at 85% of the fair market value of the stock on the last day of each three-month period. Eligible employees were allowed to contribute up to 15% of their base compensation. During 2022, 2021 and 2020, approximately 305,000, 194,000, and 212,000 shares were purchased under this plan for an average price of $109.36, $135.38

and $84.89 per share. As of December 31, 2022, we have reserved approximately 901,000 shares of our common stock for issuance under the ESPP.

Income Taxes

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Income Taxes

NOTE 10 — Income Taxes

The following table summarizes our U.S. and foreign income (loss) before income taxes:


	Year Ended December 31,
	2022		2021		2020
	(In millions)
U.S.	$	67	$	(274)	$	(2,354)
Foreign	471		236		(797)
Total	$	538	$	(38)	$	(3,151)

Provision for Income Taxes

The following table summarizes our provision for income taxes:


	Year Ended December 31,
	2022		2021		2020
			(In millions)
Current income tax (benefit) expense:
U.S. federal	$	17	$	17	$	(31)
State	6		7		—
Foreign	102		68		96
Current income tax expense	125		92		65
Deferred income tax (benefit) expense:
U.S. federal	(4)		(137)		(315)
State	(2)		(19)		(65)
Foreign	76		11		(108)
Deferred income tax (benefit) expense	70		(145)		(488)
Income tax (benefit) expense	$	195	$	(53)	$	(423)

We reduced our current income tax payable by $17 million, $28 million and $1 million for the years ended December 31, 2022, 2021 and 2020 for tax deductions attributable to stock-based compensation.

Deferred Income Taxes

As of December 31, 2022 and 2021, the significant components of our deferred tax assets and deferred tax liabilities were as follows:


	December 31,
	2022		2021
	(In millions)
Deferred tax assets:
Provision for accrued expenses	$	51	$	85
Deferred loyalty rewards	225		186
Net operating loss and tax credit carryforwards	548		939
Stock-based compensation	22		25
Property and equipment	24		17
Capitalized research and development	154		2
Operating lease liabilities	86		96
Long-term investments	194		106
Other	39		62
Total deferred tax assets	1,343		1,518
Less valuation allowance	(242)		(171)
Net deferred tax assets	$	1,101	$	1,347
Deferred tax liabilities:
Goodwill and intangible assets	(387)		(418)
Anticipatory foreign tax credits	—		(113)
Operating lease ROU assets	(83)		(93)
Other	(22)		(15)
Total deferred tax liabilities	$	(492)	$	(639)
Net deferred tax assets	$	609	$	708

As of December 31, 2022, we had U.S. federal, state, and foreign net operating loss carryforwards (“NOLs”) of approximately $1.1 billion, $465 million and $268 million. U.S. federal NOLs of $1.1 billion may be carried forward indefinitely. State NOLs of $103 million may be carried forward indefinitely, and state NOLs of $362 million expire at various times starting from 2025. Foreign NOLs of $188 million may be carried forward indefinitely, and foreign NOLs of $80 million expire at various times starting from 2023.

As of December 31, 2022, we had a valuation allowance of approximately $242 million related to certain tax attribute carryforwards for which it is more likely than not the tax benefits will not be realized. The valuation allowance increased by $71 million from the amount recorded as of December 31, 2021 primarily due to the unrealized capital losses on minority investments, offset by use of net operating losses. The amount of the deferred tax asset considered realizable may be adjusted if capital gains are realized or if, in certain jurisdictions, objective negative evidence in the form of cumulative GAAP losses is no longer present and additional weight may be given to subjective evidence such as our projections for growth.

The majority of our foreign undistributed earnings have already been subject to U.S. federal income tax. As of December 31, 2022, we have undistributed earnings of certain foreign subsidiaries of approximately $65 million that are considered indefinitely reinvested and we estimate that the unrecognized deferred tax liability related to the U.S. federal, state and foreign income tax consequences of these earnings was $17 million.

Reconciliation of U.S. Federal Statutory Income Tax Rate to Effective Income Tax Rate

A reconciliation of amounts computed by applying the U.S. federal statutory income tax rate to income before income taxes to total income tax expense is as follows:


	Year Ended December 31,
	2022		2021		2020
			(In millions)
Income tax (benefit) expense at the U.S. federal statutory rate of 21%	$	113	$	(8)	$	(662)
Foreign tax rate differential	(75)		3		16
U.S. federal research and development credit	(40)		(27)		(24)
Excess tax benefits related to stock-based compensation	(17)		(56)		4
Nondeductible compensation	37		45		17
Unrecognized tax benefits and related interest	27		6		36
Change in valuation allowance	77		(24)		139
Return to provision true-ups	(11)		4		(20)
State taxes	3		(9)		(48)
Non-creditable foreign withholding tax	21		1		—
Non-deductible goodwill impairment	—		—		170
Divestitures and entity restructuring	65		(6)		(53)
Foreign-derived intangible income	(15)		—		—
Other, net	10		18		2
Income tax (benefit) expense	$	195	$	(53)	$	(423)

Our effective tax rate for 2022 was higher than the 21% U.S. federal statutory income tax rate due to a valuation allowance on minority investments and nondeductible compensation, partially offset by research and experimentation credits. Our effective tax rate for 2021 was higher than the 21% U.S. federal statutory income tax rate due to excess tax benefits related to stock-based compensation, release of valuation allowance and research and experimentation credits, partially offset by nondeductible compensation, measured against a pre-tax loss. Our effective tax rate for 2020 was lower than the 21% U.S. federal statutory income tax rate due to valuation allowances and nondeductible impairments measured against a pre-tax loss.

Unrecognized Tax Benefits and Interest

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits and interest is as follows:


	2022		2021		2020
			(In millions)
Balance, beginning of year	$	349	$	345	$	305
Increases to tax positions related to the current year	23		11		16
Increases to tax positions related to prior years	5		3		18
Decreases to tax positions related to prior years	—		(11)		(2)
Reductions due to lapsed statute of limitations	—		—		(4)
Settlements during current year	(8)		(6)		—
Interest and penalties	10		7		12
Balance, end of year	$	379	$	349	$	345

As of December 31, 2022, we had $379 million of gross unrecognized tax benefits, $213 million of which, if recognized, would affect the effective tax rate. As of December 31, 2021, we had $349 million of gross unrecognized tax benefits, $207 million of which, if recognized, would affect the effective tax rate. As of December 31, 2020, we had $345 million of gross unrecognized tax benefits, $219 million of which, if recognized, would affect the effective tax rate.

As of December 31, 2022 and 2021, total gross interest and penalties accrued was $66 million and $56 million, respectively. We recognized interest expense of $10 million in 2022, $7 million in 2021 and $12 million in 2020 in connection with our unrecognized tax benefits.

The Company is routinely audited by U.S. federal, state, local and foreign income tax authorities. These audits include

questioning the timing and amount of income and deductions, and the allocation of income and deductions among various tax jurisdictions. The Internal Revenue Service (“IRS”) is currently examining Expedia Group’s U.S. consolidated federal income tax returns for the periods ended December 31, 2011 through December 31, 2020. The Company has consented to an extension of the statute of limitations, until June 30, 2024 related to the 2011 through 2013 tax years, and until March 31, 2024 related to the 2014 through 2019 tax years. As of December 31, 2022, for the Expedia Group, Inc. and Subsidiaries group, statute of limitations for tax years 2011 through 2021 remain open to examination in the U.S. federal jurisdiction and most state jurisdictions. For the HomeAway and Orbitz groups, the tax years 2001 through 2015 remain subject to examination in the U.S. federal and most state jurisdictions due to NOL carryforwards.During the fourth quarter of 2019, the IRS issued final adjustments related to transfer pricing with our foreign subsidiaries for our 2011 to 2013 tax years. The adjustments would increase our U.S. taxable income by $696 million, which would result in U.S. federal tax of approximately $244 million, subject to interest. We do not agree with the position of the IRS. We have formally filed a protest for our 2011 to 2013 tax years and the case has been transferred to Appeals. During the fourth quarter of 2022, the IRS issued similar proposed adjustments related to transfer pricing with our foreign subsidiaries for our 2014 to 2016 tax years. The adjustments would increase our U.S. taxable income by $1.413 billion, which would result in federal tax of approximately $494 million, subject to interest. The proposed adjustments provided by the IRS exclude any offsetting adjustments that may reduce the amount of federal tax. We do not agree with the position of the IRS and intend to formally protest. We believe it is reasonably possible that audit of the 2011 and 2013 tax years will conclude within the next 12 months.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 21
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32857-109319

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SAB Topic 11.C)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330215-122817

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 17
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32809-109319

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SAB TOPIC 6.I.5.Q1)
-URI https://asc.fasb.org/extlink&oid=122134291&loc=d3e330036-122817

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 10
-Section 50
-Paragraph 14
-URI https://asc.fasb.org/extlink&oid=121826272&loc=d3e32705-109319

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 270
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6424409&loc=d3e44925-109338

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-URI https://asc.fasb.org/topic&trid=2144680

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 740
-SubTopic 30
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=6424122&loc=d3e41874-109331

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(h)(2))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

+ Details

Capital Stock

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Capital Stock

NOTE 11 — Capital Stock

Common Stock and Class B Common Stock

Our authorized common stock consists of 1.6 billion shares of common stock with par value of $0.0001 per share, and 400 million shares of Class B common stock with par value of $0.0001 per share. Both classes of common stock qualify for and share equally in dividends, if declared by our Board of Directors, and generally vote together on all matters. Common stock is entitled to 1 vote per share and Class B common stock is entitled to 10 votes per share. Holders of common stock, voting as a single, separate class are entitled to elect 25% of the total number of directors. Class B common stockholders may, at any time, convert their shares into common stock, on a one for one share basis. Upon conversion, the Class B common stock is retired and is not available for reissue. In the event of liquidation, dissolution, distribution of assets or winding-up of Expedia Group, Inc., the holders of both classes of common stock have equal rights to receive all the assets of Expedia Group, Inc. after the rights of the holders of the preferred stock, if any, have been satisfied.

Preferred Stock and Warrants

In 2020, we issued and sold to (1) AP Fort Holdings, L.P., an affiliate of Apollo Global Management, Inc. (the “Apollo Purchaser”), 600,000 shares of the Company’s newly created Series A Preferred Stock, par value $0.001 per share (the “Series A Preferred Stock”) and Warrants (the “Warrants”) to purchase 4.2 million shares of our common stock for an aggregate purchase price of $588 million and (2) SLP V Fort Holdings II, L.P., affiliates of Silver Lake Group, L.L.C. (the “Silver Lake Purchasers”), 600,000 shares of Series A Preferred Stock and Warrants to purchase 4.2 million shares of common stock, for an aggregate purchase price of $588 million.

In 2021, we redeemed all of the outstanding Series A Preferred Stock at a price equal to 103% of the Preference Amount, plus accrued and unpaid distributions as to the redemption date using cash on-hand of $1,275 million, including a $36 million redemption premium and $39 million of accrued dividends. The loss on redemption of Preferred Stock was $214 million during the year ended December 31, 2021, which included a charge to additional paid-in capital for the redemption premium as well as $178 million related to the original issuance discount, issuance costs and the Warrants value. As of December 31, 2021, there was no remaining Series A Preferred Stock outstanding. The Series A Preferred Stock accumulated and we paid $67 million (or $74.96 per share of Series A Preferred Stock) in total dividends during the year ended December 31, 2021, including those mentioned above.

Warrants to Purchase Company Common Stock. Pursuant to the investment agreements in 2020, we issued to each of (1) the Silver Lake Purchasers (in the aggregate) and (2) the Apollo Purchaser, Warrants to purchase 4.2 million shares of our common stock at an exercise price of $72.00 per share. In 2021, the Apollo Purchaser exercised all of the Warrants it held and received approximately 2.5 million shares of our common stock in respect thereof, and the Silver Lake Purchasers exercised all of the Warrants they held and received approximately 2.6 million shares of our common stock in respect thereof. As of December 31, 2021, no warrants remained outstanding.

Treasury Stock

As of December 31, 2022, the Company's treasury stock was comprised of approximately 130.5 million common stock and 7.3 million Class B shares. As of December 31, 2021, the Company's treasury stock was comprised of approximately 124.5 million common stock and 7.3 million Class B shares.

Share Repurchases. In 2018 and 2019, the Board of Directors and the Executive Committee, pursuant to a delegation of authority from the Board, authorized the repurchase of up to 15 million shares and 20 million shares of our common stock, respectively. Shares repurchased under the authorized programs were as follows:


	Year Ended December 31,
	2022		2021		2020
Number of shares repurchased	5.2 million		—		3.4 million
Average price per share	$	96.09	$	—	$	109.88
Total cost of repurchases (in millions)(1)	$	500	$	—	$	370

___________________________________

(1)Amount excludes transaction costs.

As of December 31, 2022, 18.1 million shares remain authorized for repurchase with no fixed termination date for the repurchases.

Dividends on our Common Stock

In 2020, the Executive Committee, acting on behalf of the Board of Directors, declared and paid the following common stock dividends:

Declaration Date

Dividend
Per Share

Record Date

Total Amount
(in millions)

Payment Date

Year ended December 31, 2020:

February 13, 2020

$

0.34

March 10, 2020

$

48

March 26, 2020

During the second quarter of 2020, we suspended quarterly dividends on our common stock. At this time, we do not currently expect to declare dividends on our common stock. Future declarations of dividends are subject to final determination by our Board of Directors.

Accumulated Other Comprehensive Income (Loss)

The balance of accumulated OCI as of December 31, 2022 and 2021 was comprised of foreign currency translation adjustments. These translation adjustments include foreign currency transaction losses at December 31, 2022 and 2021 of $7 million ($10 million before tax) and $15 million ($22 million before tax) associated with our Euro-denominated 2.5% Notes, as well as foreign currency transaction gains at December 31, 2022 of $16 million ($21 million before tax) associated with our cross-currency interest rate swaps. See NOTE 2 — Significant Accounting Policies for more information.

Non-redeemable Non-controlling Interests

As of December 31, 2022 and 2021, our ownership interest in trivago was approximately 61.1% and 58.3%.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-URI https://asc.fasb.org/topic&trid=2208762

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 14
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496171-112644

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 18
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496189-112644

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 16
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496180-112644

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (i)
-URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644

Reference 15: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(e)(1))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 16: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 40
-Section 50
-Paragraph 6
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126731327&loc=SL126733271-114008

+ Details

Earnings Per Share

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Earnings Per Share

NOTE 12 — Earnings Per Share

Basic Earnings Per Share

Basic earnings per share was calculated for the years ended December 31, 2022, 2021 and 2020 using the weighted average number of common and Class B common shares outstanding during the period excluding restricted stock and stock held in escrow.

Diluted Earnings Per Share

For the year ended December 31, 2022, we computed diluted earnings per share using (i) the number of shares of common stock and Class B common stock used in the basic earnings per share calculation as indicated above, (ii) if dilutive, the incremental common stock that we would issue upon the assumed exercise or vesting of stock-based awards and common stock warrants using the treasury stock method, (iii) if dilutive, our Convertible Notes using the if-converted method, and (iv) other stock-based commitments. In periods when we recognize a net loss, such as the years ended December 31, 2021 and 2020, we

exclude the impact of outstanding stock-based awards, common stock warrants and the potential share settlement impact related to our Convertible Notes from the diluted loss per share calculation as their inclusion would have an antidilutive effect.

The following table presents our basic and diluted earnings (loss) per share:


	Year Ended December 31,
	2022		2021		2020
	(In millions, except share and per share data)
Net income (loss) attributable to Expedia Group, Inc.	$	352	$	12	$	(2,612)
Preferred stock dividend	—		(67)		(75)
Loss on redemption of preferred stock	—		(214)		—
Net income (loss) attributable to Expedia Group, Inc. common stockholders	$	352	$	(269)	$	(2,687)
Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	2.24	$	(1.80)	$	(19.00)
Diluted	2.17		(1.80)		(19.00)
Weighted average number of shares outstanding (000's):
Basic	156,672		149,734		141,414
Dilutive effect of:
Convertible Notes	3,921		—		—
Stock-based awards	1,153		—		—

Other dilutive securities	5		—		—
Diluted	161,751		149,734		141,414

For the year ended December 31, 2022, approximately 9 million of outstanding stock-based awards have been excluded from the calculations of diluted earnings per share attributable to common stockholders because their effect would have been antidilutive. For the year ended December 31, 2021, approximately 11 million of outstanding stock-based awards and approximately four million shares related to the potential share settlement impact related to our Convertible Notes were excluded. For the year ended December 31, 2020, approximately 22 million of outstanding stock-based awards and common stock warrants were excluded.

The earnings per share amounts are the same for common stock and Class B common stock because the holders of each class are legally entitled to equal per share distributions whether through dividends or in liquidation.

Restructuring and Related Reorganization Charges	12 Months Ended
Restructuring and Related Reorganization Charges	Dec. 31, 2022
Restructuring and Related Activities [Abstract]
Restructuring and Related Reorganization Charges	NOTE 13 — Restructuring and Related Reorganization Charges In 2020, we committed to restructuring actions intended to simplify our businesses and improve operational efficiencies, which have resulted in headcount reductions and office consolidations. As a result, we recognized $55 million and $231 million in restructuring and related reorganization charges during 2021 and 2020, respectively. We did not recognize any restructuring and related organization charges during 2022. We continue to evaluate additional cost reduction efforts and should we make decisions in future periods to take further actions we may incur additional reorganization charges.

Other Income (Expense)

12 Months Ended

Dec. 31, 2022

Other Income and Expenses [Abstract]

Other Income (Expense)

NOTE 14 — Other Income (Expense)

Other, net

The following table presents the components of other, net:


	For the Year Ended December 31,
	2022		2021		2020
	(In millions)
Foreign exchange rate gains (losses), net	$	(40)	$	(48)	$	71
Loss on minority equity investments, net	(345)		(29)		(142)

Other	—		19		(6)
Total	$	(385)	$	(58)	$	(77)

Commitments and Contingencies

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Commitments and Contingencies

NOTE 15 — Commitments and Contingencies

Letters of Credit, Purchase Obligations and Guarantees

We have commitments and obligations that include purchase obligations, guarantees and LOCs, which could potentially require our payment in the event of demands by third parties or contingent events. The following table presents these commitments and obligations as of December 31, 2022:


			By Period
	Total		Less than 1 year		1 to 3 years		3 to 5 years		More than 5 years
	(In millions)
Purchase obligations	$	466	$	292	$	144	$	30	$	—
Guarantees	27		27		—		—		—
Letters of credit	44		42		2		—		—
	$	537	$	361	$	146	$	30	$	—

Our purchase obligations represent the minimum obligations we have under agreements with certain of our vendors. These minimum obligations are less than our projected use for those periods. Payments may be more than the minimum obligations based on actual use.

We have guarantees which consist primarily of bonds relating to tax assessments that we are contesting as well as bonds required by certain foreign countries’ aviation authorities for the potential non-delivery, by us, of packaged travel sold in those countries. The authorities also require that a portion of the total amount of packaged travel sold be bonded. Our guarantees also include certain surety bonds related to various company performance obligations.

Our LOCs consist of stand-by LOCs, underwritten by a group of lenders, which we primarily issue for certain regulatory purposes as well as to certain hotel properties to secure our payment for hotel room transactions. The contractual expiration dates of these LOCs are shown in the table above. There were no material claims made against any stand-by LOCs during the years ended December 31, 2022, 2021 and 2020.

Legal Proceedings

In the ordinary course of business, we are a party to various lawsuits. Management does not expect these lawsuits to have a material impact on the liquidity, results of operations, or financial condition of Expedia Group. We also evaluate other potential contingent matters, including value-added tax, excise tax, sales tax, transient occupancy or accommodation tax and similar matters. We do not believe that the aggregate amount of liability that could be reasonably possible with respect to these matters would have a material adverse effect on our financial results; however, litigation is inherently uncertain and the actual losses incurred in the event that our legal proceedings were to result in unfavorable outcomes could have a material adverse effect on our business and financial performance.

Litigation Relating to Occupancy Taxes. One hundred three lawsuits have been filed by or against cities, counties and states involving hotel occupancy and other taxes. Eight lawsuits are currently active. These lawsuits are in various stages and we continue to defend against the claims made in them vigorously. With respect to the principal claims in these matters, we believe that the statutes or ordinances at issue do not apply to us or the services we provide and, therefore, that we do not owe the taxes that are claimed to be owed. We believe that the statutes or ordinances at issue generally impose occupancy and other taxes on entities that own, operate or control hotels (or similar businesses) or furnish or provide hotel rooms or similar accommodations. To date, forty-nine of these lawsuits have been dismissed. Some of these dismissals have been without prejudice and, generally, allow the governmental entity or entities to seek administrative remedies prior to pursuing further litigation. Thirty-four dismissals were based on a finding that we and the other defendants were not subject to the local tax ordinance or that the local government lacked standing to pursue its claims. As a result of this litigation and other attempts by certain jurisdictions to levy such taxes, we have established a reserve for the potential settlement of issues related to hotel occupancy and other taxes, consistent with applicable accounting principles and in light of all current facts and circumstances, in the amount of $44 million and $50 million as of December 31, 2022 and 2021, respectively. Our settlement reserve is based on our best estimate of probable losses and the ultimate resolution of these contingencies may be greater or less than the liabilities recorded. An estimate for a reasonably possible loss or range of loss in excess of the amount reserved cannot be made. Changes to the settlement reserve are included within legal reserves, occupancy tax and other in the consolidated statements of operations.

Pay-to-Play. Certain jurisdictions may assert that we are required to pay any assessed taxes prior to being allowed to contest or litigate the applicability of the ordinances. This prepayment of contested taxes is referred to as “pay-to-play.” Payment of these amounts is not an admission that we believe we are subject to such taxes and, even when such payments are

made, we continue to defend our position vigorously. If we prevail in the litigation, for which a pay-to-play payment was made, the jurisdiction collecting the payment will be required to repay such amounts and also may be required to pay interest.

We are in various stages of inquiry or audit with various tax authorities, some of which, including in the City of Los Angeles regarding hotel occupancy taxes, may impose a pay-to-play requirement to challenge an adverse inquiry or audit result in court.

Matters Relating to International VAT. We are in various stages of inquiry or audit in multiple European Union jurisdictions regarding the application of VAT to our European Union related transactions. While we believe we comply with applicable VAT laws, rules and regulations in the relevant jurisdictions, the tax authorities may determine that we owe additional taxes. In certain jurisdictions, including the United Kingdom, we may be required to “pay-to-play” any VAT assessment prior to contesting its validity. While we believe that we will be successful based on the merits of our positions with regard to audits in pay-to-play jurisdictions, it is nevertheless reasonably possible that we could be required to pay any assessed amounts in order to contest or litigate the applicability of any assessments and an estimate for a reasonably possible amount of any such payments cannot be made.

Competition and Consumer Matters. On August 23, 2018, the Australian Competition and Consumer Commission, or "ACCC", instituted proceedings in the Australian Federal Court against trivago. The ACCC alleged breaches of Australian Consumer Law, or "ACL," relating to trivago’s advertisements in Australia concerning the hotel prices available on trivago’s Australian site, trivago’s strike-through pricing practice and other aspects of the way offers for accommodation were displayed on trivago's Australian website. On January 20, 2020, the Australian Federal Court issued a judgment finding trivago had engaged in conduct in breach of the ACL. On October 18 and 19, 2021, the court heard submissions from the parties regarding penalties and other orders. On April 22, 2022, the Australian Federal Court issued a judgment ordering trivago to pay a penalty of AU$44.7 million, which was paid in the second quarter of 2022, and to cover the ACCC’s costs arising from the proceedings. The court also enjoined trivago from engaging in misleading conduct of the type found by the Australian Federal Court to be in contravention of the ACL. We recorded an estimated loss of approximately $11 million with respect to these proceedings in a previous period and an additional loss of approximately $23 million during the first quarter of 2022, for a total of approximately $34 million previously included in accrued expenses and other current liabilities as of March 31, 2022.

Divestitures	12 Months Ended
Divestitures	Dec. 31, 2022
Discontinued Operations and Disposal Groups [Abstract]
Divestitures	NOTE 16 – Divestitures We had no disposition activity during 2022. On November 1, 2021, we completed the sale of Egencia, Expedia Group’s corporate travel arm included within our B2B segment, to GBT. As a result of the sale, we deconsolidated Egencia, recognized a gain of $401 million within gain (loss) on sale of business, net in the consolidated statement of operations during the year ended December 31, 2021 and divested cash and restricted cash of $88 million. We received no cash for this transaction but on the date of sale Expedia Group became an indirect holder of an approximately 19% interest of GBT with an initial fair value of $815 million, and a subsidiary entered into a 10-year lodging supply agreement with GBT. During the year ended December 31, 2022, we recognized an immaterial gain of approximately $6 million related to this transaction. See NOTE 3 — Fair Value Measurements for additional information on our ongoing investment. In addition, during 2020 and 2021, in connection with our efforts to focus on our core businesses and streamline our activities, we committed to plans to divest certain smaller businesses primarily within our Retail segment. As a result, in 2020, we completed the sale of certain smaller businesses, including Bodybuilding.com and SilverRail, which combined resulted in a net losses of $13 million and net cash divested of $21 million. In 2021, we completed additional sales including Classic Vacations and Alice, which combined resulted in net gains of $57 million and net cash received of $27 million. The resulting gains and losses in these transactions were recorded within gain (loss) on sale of business, net in the consolidated statement of operations. None of these dispositions were considered a strategic shift that will have a major effect on our operations or financial results and they did not represent individually significant components of our business; therefore, they have not been reported as discontinued operations.

Related Party Transactions	12 Months Ended
Related Party Transactions	Dec. 31, 2022
Related Party Transactions [Abstract]
Related Party Transactions	NOTE 17 — Related Party Transactions IAC/InterActiveCorp The Company and IAC are related parties because Mr. Diller serves as Chairman and Senior Executive of both Expedia Group and IAC. At December 31, 2022, each of Expedia Group and IAC has a 50% ownership interest in two aircraft that may be used by both companies. Members of the aircraft flight crews are employed by an entity in which the Company and IAC each have a 50% ownership interest. The Company and IAC have agreed to share costs relating to flight crew compensation and benefits pro-rata according to each company’s respective usage of the aircraft, for which they are separately billed by the entity described above. We share equally in fixed and nonrecurring costs for the aircraft; direct operating costs are pro-rated based on actual usage. Another aircraft that had previously been jointly-owned by the companies was sold in November 2022, with each company receiving 50% of the $19 million in net sale proceeds. In addition, in December 2021, we entered into agreements pursuant to which we may use additional aircraft owned by a subsidiary of IAC on a cost basis. Total payments made to this entity by the Company were not material. As of December 31, 2022 and 2021, the net basis in our ownership interest in the aircrafts then jointly-owned was $46 million and $60 million, respectively, recorded in long-term investments and other assets. In 2022, 2021 and 2020, operating and maintenance costs paid directly to the jointly-owned subsidiary for the aircraft were not material.

Segment Information

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Segment Information

NOTE 18 — Segment Information

We have the following reportable segments: Retail, B2B, and trivago. Our Retail segment, which consists of the aggregation of operating segments, provides a full range of travel and advertising services to our worldwide customers through a variety of consumer brands including: Expedia.com and Hotels.com in the United States and localized Expedia and Hotels.com websites throughout the world, Vrbo, Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com. Our B2B segment is comprised of Expedia Partner Solutions, which offers private label and co-branded products to make travel services available to travelers through third-party company branded websites, and Egencia (until its sale in November 2021), a full-service travel management company that provides travel services to businesses and their corporate customers. Our trivago segment generates advertising revenue primarily from sending referrals to online travel companies and travel service providers from its hotel metasearch websites.

We determined our operating segments based on how our chief operating decision makers manage our business, make operating decisions and evaluate operating performance. Our primary operating metric is Adjusted EBITDA. Adjusted EBITDA for our Retail and B2B segments includes allocations of certain expenses, primarily related to our global travel supply organization and the majority of costs from our product and technology platform, as well as facility costs and the realized foreign currency gains or losses related to the forward contracts hedging a component of our net merchant lodging revenue. We base the allocations primarily on transaction volumes and other usage metrics. We do not allocate certain shared expenses such as accounting, human resources, certain information technology and legal to our reportable segments. We include these expenses in Corporate and Eliminations. Our allocation methodology is periodically evaluated and may change.

Our segment disclosure includes intersegment revenues, which primarily consist of advertising and media services provided by our trivago segment to our Retail segment. These intersegment transactions are recorded by each segment at amounts that approximate fair value as if the transactions were between third parties, and therefore, impact segment performance. However, the revenue and corresponding expense are eliminated in consolidation. The elimination of such intersegment transactions is included within Corporate and Eliminations in the table below.

Corporate and Eliminations also includes unallocated corporate functions and expenses as well as Bodybuilding.com through its sale in May 2020. In addition, we record amortization of intangible assets and any related impairment, as well as stock-based compensation expense, restructuring and related reorganization charges, legal reserves, occupancy tax and other, and other items excluded from segment operating performance in Corporate and Eliminations. Such amounts are detailed in our segment reconciliation below.

The following tables present our segment information for 2022, 2021 and 2020. 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.


	Year ended December 31, 2022
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	8,741	$	2,546	$	380	$	—	$	11,667
Intersegment revenue	—		—		181		(181)		—
Revenue	$	8,741	$	2,546	$	561	$	(181)	$	11,667
Adjusted EBITDA	$	2,124	$	599	$	113	$	(487)	$	2,349
Depreciation	(509)		(85)		(8)		(102)		(704)
Amortization of intangible assets	—		—		—		(88)		(88)
Impairment of intangible assets	—		—		—		(81)		(81)
Stock-based compensation	—		—		—		(374)		(374)
Legal reserves, occupancy tax and other	—		—		—		(23)		(23)
Realized (gain) loss on revenue hedges	2		4		—		—		6
Operating income (loss)	$	1,617	$	518	$	105	$	(1,155)	1,085
Other expense, net									(547)
Income before income taxes									538
Provision for income taxes									(195)
Net income									343
Net loss attributable to non-controlling interests									9
Net income attributable to Expedia Group, Inc.									$	352


	Year ended December 31, 2021
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	6,821	$	1,460	$	317	$	—	$	8,598
Intersegment revenue	—		—		106		(106)		—
Revenue	$	6,821	$	1,460	$	423	$	(106)	$	8,598
Adjusted EBITDA	$	1,782	$	110	$	39	$	(454)	$	1,477
Depreciation	(522)		(102)		(10)		(81)		(715)
Amortization of intangible assets	—		—		—		(99)		(99)
Impairment of goodwill	—		—		—		(14)		(14)
Intangible and other long-term asset impairment	—		—		—		(6)		(6)
Stock-based compensation	—		—		—		(418)		(418)
Legal reserves, occupancy tax and other	—		—		—		(1)		(1)
Restructuring and related reorganization charges	—		—		—		(55)		(55)
Realized (gain) loss on revenue hedges	17		—		—		—		17
Operating income (loss)	$	1,277	$	8	$	29	$	(1,128)	186
Other expense, net									(224)
Loss before income taxes									(38)
Provision for income taxes									53
Net income									15
Net income attributable to non-controlling interests									(3)
Net income attributable to Expedia Group, Inc.									12
Preferred stock dividend									(67)
Loss on redemption of preferred stock									(214)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(269)


	Year ended December 31, 2020
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	3,993	$	942	$	205	$	59	$	5,199
Intersegment revenue	—		—		75		(75)		—
Revenue	$	3,993	$	942	$	280	$	(16)	$	5,199
Adjusted EBITDA	$	298	$	(190)	$	(14)	$	(462)	$	(368)
Depreciation	(525)		(128)		(12)		(74)		(739)
Amortization of intangible assets	—		—		—		(154)		(154)
Impairment of goodwill	—		—		—		(799)		(799)
Intangible and other long-term asset impairment	—		—		—		(175)		(175)
Stock-based compensation	—		—		—		(205)		(205)
Legal reserves, occupancy tax and other	—		—		—		13		13
Restructuring and related reorganization charges	—		—		—		(231)		(231)
Realized (gain) loss on revenue hedges	(58)		(3)		—		—		(61)
Operating loss	$	(285)	$	(321)	$	(26)	$	(2,087)	(2,719)
Other expense, net									(432)
Loss before income taxes									(3,151)
Provision for income taxes									423
Net loss									(2,728)
Net loss attributable to non-controlling interests									116
Net loss attributable to Expedia Group, Inc.									(2,612)
Preferred stock dividend									(75)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(2,687)

Revenue by Business Model and Service Type

The following table presents revenue by business model and service type for the years ended December 31, 2022, 2021 and 2020:


	Year Ended December 31,
	2022		2021		2020
	(In millions)
Business Model
Merchant	$	7,762	$	5,537	$	3,261
Agency	2,994		2,307		1,267
Advertising, media and other	911		754		671
Total revenue	$	11,667	$	8,598	$	5,199
Service Type
Lodging	$	8,905	$	6,449	$	4,051
Air	362		254		105
Advertising and media	777		603		405
Other(1)	1,623		1,292		638
Total revenue	$	11,667	$	8,598	$	5,199

___________________________________

(1)Other includes car rental, insurance, destination services, cruise and fee revenue related to our corporate travel business prior to our sale of Egencia on November 1, 2021, among other revenue streams, none of which are individually material. Other also includes product revenue of $59 million during the year ended December 31, 2020 related to Bodybuilding.com, which was sold in May 2020.

Our Retail and B2B segments generate revenue from the merchant, agency and advertising, media and other business models as well as all service types. trivago segment revenue is generated through advertising and media.

Geographic Information

The following table presents revenue by geographic area, the United States and all other countries, based on the geographic location of our websites or points of sale with the exception of trivago, which has all been allocated to Germany, the location of its corporate headquarters, for the years ended December 31, 2022, 2021 and 2020. No sales to an individual country other than the United States accounted for more than 10% of revenue for the presented years.


	Year Ended December 31,
	2022		2021		2020
	(In millions)
Revenue
United States	$	7,939	$	6,569	$	3,511
All other countries	3,728		2,029		1,688
	$	11,667	$	8,598	$	5,199

The following table presents property and equipment, net for the United States and all other countries, as of December 31, 2022 and 2021:


	As of December 31,
	2022		2021
	(In millions)
Property and equipment, net
United States	$	2,111	$	2,056
All other countries	99		124
	$	2,210	$	2,180

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI https://asc.fasb.org/topic&trid=2134510

+ Details

Valuation and Qualifying Accounts

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Valuation and Qualifying Accounts

NOTE 19 — Valuation and Qualifying Accounts

The following table presents the changes in our valuation and qualifying accounts. Other reserves primarily include our accrual of the cost associated with purchases made on our website related to the use of fraudulent credit cards “charged-back” due to payment disputes and cancellation fees as well as refund reserves in 2020, 2021 and 2022 primarily due to COVID impacts.


Description	Balance at Beginning of Period		Charges to Earnings		Charges to Other Accounts(1)		Deductions		Balance at End of Period
	(In millions)
2022
Allowance for expected credit losses	$	65	$	20	$	(3)	$	(42)	$	40
Other reserves	64		(28)		(4)		(3)		29
2021
Allowance for expected credit losses	$	101	$	7	$	(17)	$	(26)	$	65
Other reserves	58		7		(1)		—		64
2020
Allowance for doubtful accounts	$	41	$	82	$	2	$	(24)	$	101
Other reserves	19		39		2		(2)		58

___________________________________

(1)Charges to other accounts primarily relates to amounts acquired through acquisitions or disposed of through sales of businesses, net translation adjustments and reclassifications.

Significant Accounting Policies (Policies)	12 Months Ended
Significant Accounting Policies (Policies)	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements include Expedia Group, Inc., our wholly-owned subsidiaries, and entities we control, or in which we have a variable interest and are the primary beneficiary of expected cash profits or losses. We record our investments in entities that we do not control, but over which we have the ability to exercise significant influence, using the equity method or at fair value. We have eliminated significant intercompany transactions and accounts. We believe that the assumptions underlying our consolidated financial statements are reasonable. However, these consolidated financial statements do not present our future financial position, the results of our future operations and cash flows.
Seasonality	SeasonalityWe generally experience seasonal fluctuations in the demand for our travel services. For example, traditional leisure travel bookings are generally the highest in the first three quarters as travelers plan and book their spring, summer and winter holiday travel. The number of bookings typically decreases in the fourth quarter. Since revenue for most of our travel services, including merchant and agency hotel, is recognized as the travel takes place rather than when it is booked, revenue typically lags bookings by several weeks for our hotel business and can be several months or more for our alternative accommodations business. Historically, Vrbo has seen seasonally stronger bookings in the first quarter of the year, with the relevant stays occurring during the peak summer travel months. The seasonal revenue impact is exacerbated with respect to income by the nature of our variable cost of revenue and direct sales and marketing costs, which we typically realize in closer alignment to booking volumes, and the more stable nature of our fixed costs. As a result on a consolidated basis, revenue and income are typically the lowest in the first quarter and highest in the third quarter.
Consolidation	Consolidation Our consolidated financial statements include the accounts of Expedia Group, Inc., our wholly-owned subsidiaries, and entities for which we control a majority of the entity’s outstanding common stock. We record non-controlling interest in our consolidated financial statements to recognize the minority ownership interest in our consolidated subsidiaries. Non-controlling interest in the earnings and losses of consolidated subsidiaries represent the share of net income or loss allocated to members or partners in our consolidated entities. trivago is a separately listed company on the Nasdaq Global Select Market and, therefore, is subject to its own reporting and filing requirements, which could result in possible differences that are not expected to be material to Expedia Group, Inc. We have eliminated significant intercompany transactions and accounts in our consolidated financial statements.
Accounting Estimates	Accounting EstimatesWe use estimates and assumptions in the preparation of our consolidated financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”). Our estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of our consolidated financial statements. These estimates and assumptions also affect the reported amount of net income or loss during any period. Our actual financial results could differ significantly from these estimates. The significant estimates underlying our consolidated financial statements include revenue recognition; recoverability of current and long-lived assets, intangible assets and goodwill; income and transactional taxes, such as potential settlements related to occupancy and excise taxes; loss contingencies; deferred loyalty rewards; stock-based compensation; accounting for derivative instruments and provisions for credit losses, customer refunds and chargebacks.
Reclassifications	ReclassificationsWe have reclassified prior period financial statements to conform to the current period presentation.
Revenue Recognition	Revenue Recognition We recognize revenue upon transfer of control of our promised services in an amount that reflects the consideration we expect to be entitled to in exchange for those services. For our primary transaction-based revenue sources, discussed below, we have determined net presentation (that is, the amount billed to a traveler less the amount paid to a supplier) is appropriate for the majority of our revenue transactions as the supplier is primarily responsible for providing the underlying travel services and we do not control the service provided by the supplier to the traveler. We exclude all taxes assessed by a government authority, if any, from the measurement of transaction prices that are imposed on our travel related services or collected by the Company from customers (which are therefore excluded from revenue). We offer traditional travel services on a stand-alone and package basis generally either through the merchant or the agency business model. Under the merchant model, we facilitate the booking of hotel rooms, alternative accommodations, airline seats, car rentals and destination services from our travel suppliers and we are the merchant of record for such bookings. Under the agency model, we pass reservations booked by the traveler to the relevant travel supplier and the travel supplier serves as the merchant of record for such bookings. We receive commissions or ticketing fees from the travel supplier and/or traveler. For certain agency airline, hotel and car transactions, we also receive fees through global distribution systems (“GDS”) that provide the computer systems through which the travel supplier inventory is made available and through which reservations are booked. Under the advertising model, we offer travel and non-travel advertisers access to a potential source of incremental traffic and transactions through our various media and advertising offerings on trivago and our transaction-based websites. In addition, Vrbo also provides subscription-based listing and other ancillary services to property owners and managers. The nature of our travel booking service performance obligations vary based on the travel service with differences primarily related to the degree to which we provide post booking services to the traveler and the timing when rights and obligations are triggered in our underlying supplier agreements. We consider both the traveler and travel supplier as our customers. Refer to NOTE 18 — Segment Information for revenue by business model and service type. Lodging. Our lodging revenue is comprised of revenue recognized under the merchant, agency and Vrbo subscription-based listing services model. Merchant Hotel. We provide travelers access to book hotel room reservations through our contracts with lodging suppliers, which provide us with rates and availability information for rooms but for which we have no control over the rooms and do not bear inventory risk. Our travelers pay us for merchant hotel transactions prior to departing on their trip, generally when they book the reservation. We record the payment in deferred merchant bookings until the stayed night occurs, at which point we recognize the revenue, net of amounts paid to suppliers, as this is when our performance obligation is satisfied. Payments to suppliers are generally due within 30 days of check-in or stay. In certain instances when a supplier invoices us for less than the cost we accrued, we generally reduce our merchant accounts payable and the supplier costs within net revenue six months in arrears, net of an allowance, when we determine it is not probable that we will be required to pay the supplier, based on historical experience. Cancellation fees are collected and remitted to the supplier, if applicable. Agency Hotel. We generally record agency revenue from the hotel when the stayed night occurs as we provide post booking services to the traveler and, thus consider the stay as when our performance obligation is satisfied. We record an allowance for cancellations on this revenue based on historical experience. Merchant and Agency Vrbo Alternative Accommodations. Vrbo's lodging revenue is generally earned on a pay-per-booking basis, which can be either merchant or agency bookings depending on the nature of the payment processor. Pay-per-booking arrangements are commission-based where rental property owners and managers bear the inventory risk, have latitude in setting the price and compensate Vrbo for facilitating bookings with travelers. Under pay-per-booking arrangements, each booking is a separate contract as listings are typically cancelable at any time and the related revenue, net of amounts paid to property owners, is recognized at check in, which is the point in time when our service to the traveler is complete. Vrbo also charges a traveler service fee at the time of booking. The service fee charged to travelers provides compensation for Vrbo's services, including but not limited to the use of Vrbo's website and a “Book with Confidence Guarantee” providing travelers with comprehensive payment protection and 24/7 traveler support. The performance obligation is to facilitate the booking of a property and assist travelers up to their check in process and, as such, the traveler service fee revenue is recognized at check-in. Subscription-based Listing Services. To a lesser extent, Vrbo's lodging revenue is also earned on a pay-per-subscription basis. In pay-per-subscription contracts, property owners or managers purchase in advance online advertising services related to the listing of their properties for rent over a fixed term (typically one year). As the performance obligation is the listing service and is provided to the property owner or manager over the life of the listing period, the pay-per-subscription revenue is recognized on a straight-line basis over the listing period. Merchant and Agency Air. We record revenue on air transactions when the traveler books the transaction, as we do not typically provide significant post booking services to the traveler and payments due to and from air carriers are typically due at the time of ticketing. We record a reserve for chargebacks and cancellations at the time of the transaction based on historical experience. In certain transactions, the GDS collects commissions from our suppliers and passes these commissions to us, net of their fees. Therefore, we view payments through the GDS as commissions from suppliers and record these commissions in net revenue. Fees paid to the GDS as compensation for their role in processing transactions are recorded as cost of revenue. Advertising and Media. We record revenue from click-through fees charged to our travel partners for leads sent to the travel partners’ websites. We record revenue from click-through fees after the traveler makes the click-through to the related travel partners’ websites. We record revenue for advertising placements ratably over the advertising period or upon delivery of advertising impressions, depending on the terms of the contract. Payments from advertisers are generally due within 30 days of invoicing. Other. Other primarily includes transaction revenue for booking services related to products such as car, cruise and destination services under the agency business model. We generally record the related revenue when the travel occurs, as in most cases we provide post booking services and this is when our performance obligation is complete. Additionally, no rights or obligations are triggered in our supplier agreements until the travel occurs. We record an allowance for cancellations on this revenue based on historical experience. Revenue from other ancillary alternative accommodation services or products are recorded either upon delivery or when we provide the service. In addition, other also includes travel insurance products primarily under the merchant model, for which revenue is recorded at the time the transaction is booked. Packages. Packages assembled by travelers through the packaging functionality on our websites generally include a merchant hotel component and some combination of an air, car or destination services component. The individual package components are accounted for as separate performance obligations and recognized in accordance with our revenue recognition policies stated above. Prepaid Merchant Bookings. We classify payments made to suppliers in advance of Vrbo performance obligations as prepaid merchant bookings included within prepaid and other current assets.Deferred Merchant Bookings. We classify cash payments received in advance of our performance obligations as deferred merchant bookings. Travelers enrolled in our internally administered traveler loyalty rewards programs earn points for each eligible booking made which can be redeemed for free or discounted future bookings. Hotels.com Rewards offers travelers one free night at any Hotels.com partner property after that traveler stays 10 nights, subject to certain restrictions. Expedia Rewards enables participating travelers to earn points on all hotel, flight, package and activities made on various Brand Expedia websites. Orbitz Rewards allows travelers to earn Orbucks, the currency of Orbitz Rewards, on flights, hotels and vacation packages and instantly redeem those Orbucks on future bookings at various hotels worldwide. As travelers accumulate points towards free travel products, we defer the relative standalone selling price of earned points, net of expected breakage, as deferred loyalty rewards within deferred merchant bookings on the consolidated balance sheet. In order to estimate the standalone selling price of the underlying services on which points can be redeemed for all loyalty programs, we use an adjusted market assessment approach and consider the redemption values expected from the traveler. We then estimate the number of rewards that will not be redeemed based on historical activity in our members' accounts as well as statistical modeling techniques. Revenue is recognized when we have satisfied our performance obligation relating to the points, that is when the travel service purchased with the loyalty award is satisfied. The majority of rewards expected to be redeemed are recognized within one to two years of being earned.Deferred Revenue. Deferred revenue primarily consists of unearned subscription revenue as well as deferred advertising revenue. Practical Expedients and Exemptions. We have used the portfolio approach to account for our loyalty points as the rewards programs share similar characteristics within each program in relation to the value provided to the traveler and their breakage patterns. Using this portfolio approach is not expected to differ materially from applying the guidance to individual contracts. However, we will continue to assess and refine, if necessary, how a portfolio within each rewards program is defined. We do not disclose the value of unsatisfied performance obligations for (i) contracts with an original expected length of one year or less and (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for services performed.
Cash, Restricted Cash, and Cash Equivalents	Cash, Restricted Cash, and Cash EquivalentsOur cash and cash equivalents include cash and liquid financial instruments, including money market funds and term deposit investments, with maturities of three months or less when purchased. Restricted cash includes cash and cash equivalents that is restricted through legal contracts, regulations or our intention to use the cash for a specific purpose. Our restricted cash primarily relates to certain traveler deposits and to a lesser extent collateral for office leases.
Short-term and Long-term Investments	Short-term and Long-term Investments We determine the appropriate classification of our investments in marketable securities at the time of purchase and reevaluate such designation at each balance sheet date. Investments, other than minority equity investments, classified as available-for-sale are recorded at fair value with unrealized holding gains and losses recorded, net of tax, as a component of accumulated other comprehensive income ("OCI"). Realized gains and losses from the sale of available-for-sale investments, if any, are determined on a specific identification basis. Investments with remaining maturities of less than one year are classified within short-term investments. All other investments are classified within long-term investments and other assets. Minority equity investments with either readily determinable fair values, or for which we have elected to apply the fair value option, are measured at fair value on a recurring basis with changes in fair value recorded through net income or loss. Minority investments without readily determinable fair values, for which we have not elected to measure at fair value, are measured using the equity method, or measured at cost with observable price changes reflected through net income or loss. We perform a qualitative assessment on a quarterly basis and recognize an impairment if there are sufficient indicators that the fair value of the investment is less than carrying value. Changes in value of minority equity investments are recorded in other income (expense), net.
Accounts Receivable	Accounts Receivable Accounts receivable are generally due within thirty days and are recorded net of an allowance for expected uncollectible amounts. We consider accounts outstanding longer than the contractual payment terms as past due. The risk characteristics we generally review when analyzing our accounts receivable pools primarily include the type of receivable (for example, credit card vs hotel collect), collection terms and historical or expected credit loss patterns. For each pool, we make estimates of expected credit losses for our allowance by considering a number of factors, including the length of time trade accounts receivable are past due, previous loss history continually updated for new collections data, the credit quality of our customers, current economic conditions, reasonable and supportable forecasts of future economic conditions and other factors that may affect our ability to collect from customers. The provision for estimated credit losses is recorded as cost of revenue in our consolidated statements of operations.
Property and Equipment	Property and Equipment We record property and equipment at cost, net of accumulated depreciation and amortization. We also capitalize certain costs incurred related to the development of internal use software. We capitalize costs incurred during the application development stage related to the development of internal use software. We expense costs incurred related to the planning and post-implementation phases of development as incurred. We compute depreciation using the straight-line method over the estimated useful lives of the assets, which is three to five years for computer equipment, capitalized software development and furniture and other equipment, 15 years for land improvements, and 40 years for buildings, which includes our corporate headquarters. Land is not depreciated. We amortize leasehold improvement using the straight-line method, over the shorter of the estimated useful life of the improvement or the remaining term of the lease. We establish assets and liabilities for the present value of estimated future costs to return certain of our leased facilities to their original condition under the authoritative accounting guidance for asset retirement obligations. Such assets are depreciated over the lease period into operating expense, and the recorded liabilities are accreted to the future value of the estimated restoration costs.
Leases	Leases We determine if an arrangement is a lease at inception. Operating leases are primarily for office space and data centers and are included in operating lease right-of-use ("ROU") assets, accrued expenses and other current liabilities, and operating lease liabilities on our consolidated balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at commencement date in determining the present value of lease payments. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. For operating leases with a term of one year or less, we have elected to not recognize a lease liability or ROU asset on our consolidated balance sheet. Instead, we recognize the lease payments as expense on a straight-line basis over the lease term. Short-term lease costs are immaterial to our consolidated statements of operations and cash flows. We have office space and data center lease agreements with insignificant non-lease components and have elected the practical expedient to combine and account for lease and non-lease components as a single lease component.
Business Combinations	Business Combinations We assign the value of the consideration transferred to acquire a business to the tangible assets and identifiable intangible assets acquired and liabilities assumed on the basis of their fair values at the date of acquisition. Any excess purchase price over the fair value of the net tangible and intangible assets acquired is allocated to goodwill. When determining the fair values of assets acquired and liabilities assumed, management makes significant estimates and assumptions, especially with respect to intangible assets. Critical estimates in valuing certain intangible assets include but are not limited to future expected cash flows from customer relationships and trade names, and discount rates. Management’s estimates of fair value are based upon assumptions believed to be reasonable, but which are inherently uncertain and unpredictable and, as a result, actual results may differ from estimates. Any changes to provisional amounts identified during the measurement period are recognized in the reporting period in which the adjustment amounts are determined.
Recoverability of Goodwill and Indefinite-Lived Intangible Assets	Recoverability of Goodwill and Indefinite-Lived Intangible Assets Goodwill is assigned to reporting units that are expected to benefit from the synergies of the business combination as of the acquisition date. We assess goodwill and indefinite-lived intangible assets, neither of which is amortized, for impairment annually as of October 1, or more frequently, if events and circumstances indicate impairment may have occurred. In the evaluation of goodwill for impairment, we typically perform a quantitative assessment and compare the fair value of the reporting unit to the carrying value. An impairment charge is recorded based on the excess of the reporting unit's carrying amount over its fair value. Periodically, we may choose to perform a qualitative assessment, prior to performing the quantitative analysis, to determine whether the fair value of the goodwill is more likely than not impaired. We generally base our measurement of fair value of reporting units, except for trivago, which is a separately listed company on the Nasdaq Global Select Market, on a blended analysis of the present value of future discounted cash flows and market valuation approach with the exception of our standalone publicly traded subsidiary, which is based on market valuation. The discounted cash flows model indicates the fair value of the reporting units based on the present value of the cash flows that we expect the reporting units to generate in the future. Our significant estimates in the discounted cash flows model include: our weighted average cost of capital; long-term rate of growth and profitability of our business; and working capital effects. The market valuation approach indicates the fair value of the business based on a comparison of the Company to comparable publicly traded firms in similar lines of business. Our significant estimates in the market approach model include identifying similar companies with comparable business factors such as size, growth, profitability, risk and return on investment and assessing comparable revenue and operating income multiples in estimating the fair value of the reporting units. The fair value of the trivago reporting unit was based on trivago's stock price, a Level 1 input, adjusted for an estimated control premium. We believe the weighted use of discounted cash flows and market approach is the best method for determining the fair value of our reporting units because these are the most common valuation methodologies used within the travel and internet industries; and the blended use of both models compensates for the inherent risks associated with either model if used on a stand-alone basis. In addition to measuring the fair value of our reporting units as described above, we consider the combined carrying and fair values of our reporting units in relation to the Company’s total fair value of equity plus debt as of the assessment date. Our equity value assumes our fully diluted market capitalization, using either the stock price on the valuation date or the average stock price over a range of dates around the valuation date, plus an estimated acquisition premium which is based on observable transactions of comparable companies. The debt value is based on the highest value expected to be paid to repurchase the debt, which can be fair value, principal or principal plus a premium depending on the terms of each debt instrument. In our evaluation of our indefinite-lived intangible assets, we typically first perform a quantitative assessment and an impairment charge is recorded for the excess of the carrying value of indefinite-lived intangible assets over their fair value, if necessary. We base our measurement of fair value of indefinite-lived intangible assets, which primarily consist of trade name and trademarks, using the relief-from-royalty method. This method assumes that the trade name and trademarks have value to the extent that their owner is relieved of the obligation to pay royalties for the benefits received from them. As with goodwill, periodically, we may choose to perform a qualitative assessment, prior to performing the quantitative analysis, to determine whether the fair value of the indefinite-lived intangible asset is more likely than not impaired.
Recoverability of Intangible Assets with Definite Lives and Other Long-Lived Assets	Recoverability of Intangible Assets with Definite Lives and Other Long-Lived Assets Intangible assets with definite lives and other long-lived assets are carried at cost and are amortized on a straight-line basis over their estimated useful lives of one to ten years. We review the carrying value of long-lived assets or asset groups, including property and equipment, to be used in operations whenever events or changes in circumstances indicate that the carrying amount of the assets might not be recoverable. Factors that would necessitate an impairment assessment include a significant adverse change in the extent or manner in which an asset is used, a significant adverse change in legal factors or the business climate that could affect the value of the asset, or a significant decline in the observable market value of an asset, among others. If such facts indicate a potential impairment, we would assess the recoverability of an asset group by determining if the carrying value of the asset group exceeds the sum of the projected undiscounted cash flows expected to result from the use and eventual disposition of the assets over the remaining economic life of the primary asset in the asset group. If the recoverability test indicates that the carrying value of the asset group is not recoverable, we will estimate the fair value of the asset group using appropriate valuation methodologies which would typically include an estimate of discounted cash flows. Any impairment would be measured as the difference between the asset groups carrying amount and its estimated fair value. Assets held for sale, to the extent we have any, are reported at the lower of cost or fair value less costs to sell.
Income Taxes	Income Taxes We record income taxes under the liability method. Deferred tax assets and liabilities reflect our estimation of the future tax consequences of temporary differences between the carrying amounts of assets and liabilities for book and tax purposes. We determine deferred income taxes based on the differences in accounting methods and timing between financial statement and income tax reporting. Accordingly, we determine the deferred tax asset or liability for each temporary difference based on the enacted tax rates expected to be in effect when we realize the underlying items of income and expense. We consider many factors when assessing the likelihood of future realization of our deferred tax assets, including our recent earnings experience by jurisdiction, expectations of future taxable income, and the carryforward periods available to us for tax reporting purposes, as well as other relevant factors. We may establish a valuation allowance to reduce deferred tax assets to the amount we believe is more likely than not to be realized. Due to inherent complexities arising from the nature of our businesses, future changes in income tax law, tax sharing agreements or variances between our actual and anticipated operating results, we make certain judgments and estimates. Therefore, actual income taxes could materially vary from these estimates. All deferred income taxes are classified as long-term on our consolidated balance sheets. We account for uncertain tax positions based on a two-step process of evaluating recognition and measurement criteria. The first step assesses whether the tax position is more likely than not to be sustained upon examination by the tax authority, including resolution of any appeals or litigation, based on the technical merits of the position. If the tax position meets the more likely than not criteria, the portion of the tax benefit greater than 50% likely to be realized upon settlement with the tax authority is recognized in the financial statements. We recognize interest and penalties related to unrecognized tax benefits in the income tax expense line in our consolidated statement of operations. Accrued interest and penalties are included in other long-term liabilities on the consolidated balance sheet. In relation to tax effects for accumulated OCI, our policy is to release the tax effects of amounts reclassified from accumulated OCI to pre-tax income (loss) from continuing operations. Any remaining tax effect in accumulated OCI is released following a portfolio approach. We account for the global intangible low-tax income earned by our foreign subsidiaries included in gross U.S. taxable income in the period incurred.
Derivative Instruments	Derivative Instruments Derivative instruments are carried at fair value on our consolidated balance sheets. The fair values of the derivative financial instruments generally represent the estimated amounts we would expect to receive or pay upon termination of the contracts as of the reporting date. At December 31, 2022 and 2021, our derivative instruments primarily consisted of foreign currency forward contracts. We use foreign currency forward contracts to economically hedge certain merchant revenue exposures, foreign denominated liabilities related to certain of our loyalty programs and our other foreign currency-denominated operating liabilities. Our goal in managing our foreign exchange risk is to reduce, to the extent practicable, our potential exposure to the changes that exchange rates might have on our earnings, cash flows and financial position. Our foreign currency forward contracts are typically short-term and, as they do not qualify for hedge accounting treatment, we classify the changes in their fair value in other, net. We do not hold or issue financial instruments for speculative or trading purposes. Until their redemption in March 2022, the aggregate principal value of our €650 million of registered senior unsecured notes that bore interest at 2.5% (the “2.5% Notes”) was designated as a hedge of our net investment in certain Euro-functional currency subsidiaries. The notes were measured at Euro to U.S. Dollar exchange rates at each balance sheet date and transaction gains or losses due to changes in rates were recorded in accumulated OCI within the foreign currency translation adjustment. The Euro denominated net assets of these subsidiaries were translated into U.S. Dollars at each balance sheet date, with effects of foreign currency changes also reported in accumulated OCI. In March 2022, we redeemed the 2.5% Notes and terminated the related hedging relationship. The currency translation adjustment amounts associated with the net investment hedge of the 2.5% Notes will remain in accumulated OCI until realized upon a full or partial sale or liquidation of applicable Euro-functional currency subsidiaries. In March 2022, we entered into two fixed-to-fixed cross-currency interest rate swaps (the “swaps”) with an aggregate notional amount of €300 million. During the term of each contract, we receive interest payments in U.S. dollars at a fixed rate of 5% and make interest payments in Euros at an average fixed rate of 3.38% based on a notional amount and fixed interest rates determined at contract inception. The swaps were designated as a hedge of our net investment in certain Euro functional currency subsidiaries. Hedge effectiveness is assessed each quarter based on the net investment in the foreign subsidiaries designated as the hedged item and the changes in the fair value of the designated interest rate swaps based on spot rates. For hedges that meet the effectiveness requirements, changes in fair value are recorded as accumulated OCI within the foreign currency translation adjustment. Amounts excluded from hedge effectiveness at inception are recognized as interest accrues within interest expense. The maturity date of both swaps is February 2026, whereby, we will receive U.S. dollars from and pay Euros to the contract counterparties.
Foreign Currency Translation and Transaction Gains and Losses	Foreign Currency Translation and Transaction Gains and Losses Certain of our operations outside of the United States use the related local currency as their functional currency. We translate revenue and expense at average rates of exchange during the period. We translate assets and liabilities at the rates of exchange as of the consolidated balance sheet dates and include foreign currency translation gains and losses as a component of accumulated OCI. Due to the nature of our operations and our corporate structure, we also have subsidiaries that have significant transactions in foreign currencies other than their functional currency. We record transaction gains and losses in our consolidated statements of operations related to the recurring remeasurement and settlement of such transactions. To the extent practicable, we attempt to minimize this exposure by maintaining natural hedges between our current assets and current liabilities of similarly denominated foreign currencies. Additionally, as discussed above, we use foreign currency forward contracts to economically hedge certain merchant revenue exposures and in lieu of holding certain foreign currency cash for the purpose of economically hedging our foreign currency-denominated operating liabilities.
Debt Issuance Costs	Debt Issuance CostsWe defer costs we incur to issue debt, which are presented in the balance sheet as a direct deduction from the carrying amount of the related debt liability, and amortize these costs to interest expense over the term of the debt or in circumstances where the debt can be redeemed at the option of the holders, over the term of the redemption option.
Marketing Promotions	Marketing Promotions We periodically provide incentive offers to our customers to encourage booking of travel products and services. Generally, our incentive offers are as follows: Current Discount Offers. These promotions include dollar or percent off discounts to be applied against current purchases. We record the discounts as reduction in revenue at the date we record the corresponding revenue transaction. Inducement Offers. These promotions include discounts granted at the time of a current purchase to be applied against a future qualifying purchase. We treat inducement offers as a reduction to revenue based on estimated future redemption rates. We allocate the discount amount at the time of the offer between the current performance obligation and the potential future performance obligations based on our expected relative value of the transactions. We estimate our redemption rates using our historical experience for similar inducement offers. Concession Offers. These promotions include discounts to be applied against a future purchase to maintain customer satisfaction. Upon issuance, we record these concession offers as a reduction to revenue based on estimated future redemption rates. We estimate our redemption rates using our historical experience for concession offers.
Advertising Expense	Advertising ExpenseWe incur advertising expense consisting of offline costs, including television and radio advertising, and online advertising expense to promote our brands. We expense the production costs associated with advertisements in the period in which the advertisement first takes place. We expense the costs of communicating the advertisement (e.g., television airtime) as incurred each time the advertisement is shown.
Stock-Based Compensation	Stock-Based Compensation We measure and amortize the fair value of restricted stock units (“RSUs”) and stock options as follows: Restricted Stock Units. RSUs are stock awards that are granted to employees entitling the holder to shares of common stock as the award vests, typically over a four-year period, but may accelerate in certain circumstances. We measure the value of RSUs at fair value based on the number of shares granted and the quoted price of our common stock at the date of grant. We amortize the fair value, net of actual forfeitures, as stock-based compensation expense over the vesting term on a straight-line basis. In addition, we have a limited number of performance stock units ("PSUs"), for which we calculate the fair value using a Monte Carlo valuation model and amortized the fair value, net of actual forfeitures, as stock-based compensation over the vesting term, generally a two or three year period, on an accelerated basis. The number of shares that ultimately vest depends on achieving certain performance metrics or performance goals, as applicable, by the end of the performance period, assuming there is no accelerated vesting for, among other things, a termination of employment under certain circumstances. We record RSUs that may be settled by the holder in cash, rather than shares, as a liability and we remeasure these instruments at fair value at the end of each reporting period. Upon settlement of these awards, our total compensation expense recorded over the vesting period of the awards will equal the settlement amount, which is based on our stock price on the settlement date. Stock Options. Our employee stock options consist of service based awards. We measure the value of stock options issued or modified, including unvested options assumed in acquisitions, on the grant date (or modification or acquisition dates, if applicable) at fair value, using appropriate valuation techniques, including the Black-Scholes. We amortize the fair value, net of actual forfeitures, over the remaining explicit vesting term in the case of service-based awards and the longer of the derived service period or the explicit service period for awards with market conditions on a straight-line basis. In addition, we classify certain employee option awards as liabilities when we deem it not probable that the employees holding the awards will bear the risk and rewards of stock ownership for a reasonable period of time. Such options are revalued at the end of each reporting period and upon settlement our total compensation expense recorded from grant date to settlement date will equal the settlement amount. The majority of our stock options vest over three to four years.Estimates of fair value are not intended to predict actual future events or the value ultimately realized by employees who receive these awards, and subsequent events are not indicative of the reasonableness of our original estimates of fair value.
Earnings Per Share	Earnings Per Share We compute basic earnings per share by taking net income or loss attributable to Expedia Group, Inc. available to common stockholders divided by the weighted average number of common and Class B common shares outstanding during the period excluding restricted stock and stock held in escrow. Diluted earnings per share include the potential dilution that could occur from stock-based awards and other stock-based commitments (which includes our Convertible Notes) using the treasury stock or the if converted method, as applicable. For additional information on how we compute earnings per share, see NOTE 12 — Earnings Per Share.
Fair Value Recognition, Measurement and Disclosure	Fair Value Recognition, Measurement and Disclosure The carrying amounts of cash and cash equivalents and restricted cash and cash equivalents reported on our consolidated balance sheets approximate fair value as we maintain them with various high-quality financial institutions. The accounts receivable are short-term in nature and are generally settled shortly after the sale. We disclose the fair value of our financial instruments based on the fair value hierarchy using the following three categories: Level 1 — Valuations based on quoted prices for identical assets and liabilities in active markets. Level 2 — Valuations based on observable inputs other than quoted prices included in Level 1, such as quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets and liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data. Level 3 — Valuations based on unobservable inputs reflecting the Company’s own assumptions, consistent with reasonably available assumptions made by other market participants. These valuations require significant judgment.
Certain Risks and Concentrations	Certain Risks and Concentrations Our business is subject to certain risks and concentrations including dependence on relationships with travel suppliers, primarily airlines and hotels, dependence on third-party technology providers, exposure to risks associated with online commerce security and payment related fraud. We also rely on global distribution system partners and third-party service providers for certain fulfillment services. Financial instruments, which potentially subject us to concentration of credit risk, consist primarily of cash and cash equivalents. We maintain some cash and cash equivalents balances with financial institutions that are in excess of Federal Deposit Insurance Corporation insurance limits. Our cash and cash equivalents are primarily composed of term deposits as well as bank (both interest and non-interest bearing) account balances denominated in U.S. dollars, Euros, British pound, Canadian dollar, Australian dollar, Brazilian real, Swiss Franc and Indian Rupee.
Contingent Liabilities	Contingent Liabilities We have a number of regulatory and legal matters outstanding, as discussed further in NOTE 15 — Commitments and Contingencies. Periodically, we review the status of all significant outstanding matters to assess the potential financial exposure. When (i) it is probable that an asset has been impaired or a liability has been incurred and (ii) the amount of the loss can be reasonably estimated, we record the estimated loss in our consolidated statements of operations. We provide disclosure in the notes to the consolidated financial statements for loss contingencies that do not meet both of these conditions if there is a reasonable possibility that a loss may have been incurred that would be material to the financial statements. Significant judgment is required to determine the probability that a liability has been incurred and whether such liability is reasonably estimable. We base accruals made on the best information available at the time which can be highly subjective. The final outcome of these matters could vary significantly from the amounts included in the accompanying consolidated financial statements.
Occupancy and Other Taxes	Occupancy and Other Taxes Some states and localities impose taxes (e.g. transient occupancy, accommodation tax, sales tax, and/or business privilege tax) on the use or occupancy of hotel accommodations or other traveler services. Generally, hotels collect taxes based on the room rate paid to the hotel and remit these taxes to the various tax authorities. When a customer books a room through one of our travel services, we collect a tax recovery charge from the customer which we pay to the hotel. We calculate the tax recovery charge by applying the applicable tax rate supplied to us by the hotels to the amount that the hotel has agreed to receive for the rental of the room by the consumer. In most jurisdictions, we do not collect or remit taxes, nor do we pay taxes to the hotel operator on the portion of the customer payment we retain. Some jurisdictions have questioned our practice in this regard. While the applicable tax provisions vary among the jurisdictions, we generally believe that we are not required to collect and remit such taxes. A limited number of taxing jurisdictions have made similar claims against certain of our companies for tax amounts due on the rental amounts charged by owners of alternative accommodations properties or for taxes on our services. We are an intermediary between a traveler and a party renting a vacation property and we believe is similarly not liable for such taxes. We are engaged in discussions with tax authorities in various jurisdictions to resolve these issues. Some tax authorities have brought lawsuits or have levied assessments asserting that we are required to collect and remit tax. The ultimate resolution in all jurisdictions cannot be determined at this time. We have established a reserve for the potential settlement of issues related to hotel occupancy and other taxes when determined to be probable and estimable. See NOTE 15 — Commitments and Contingencies for further discussion.
Recently Adopted Accounting Policies and Recent Accounting Policies Not Yet Adopted	Recently Adopted Accounting Policies In June 2022, the Financial Accounting Standards Board (“FASB”) issued new guidance related to fair value measurement of equity securities, which clarifies the fair value measurement of an equity security that is subject to a contractual sale restriction and requires specific disclosures related to such an equity security. The new guidance is effective for fiscal years beginning after December 15, 2023, with early adoption permitted. We elected to early adopt the new guidance in the second quarter of 2022 on a prospective basis. One of our minority equity investments is accounted for in accordance with this new guidance See NOTE 3 — Fair Value Measurements for additional information. Recent Accounting Policies Not Yet Adopted In October 2021, the FASB issued new guidance relate to recognizing and measuring contract assets and contract liabilities from contracts with customers acquired in a business combination. The new guidance will require acquiring entities to apply Topic 606 to recognize and measure contract assets and contract liabilities in a business combination as compared to current GAAP where an acquirer generally recognizes such items at fair value on the acquisition date. The new guidance is effective on a prospective basis for fiscal years beginning after December 15, 2022, with early adoption permitted. We do not expect it will have a material impact, if any, on our consolidated financial statements.
Fair Value Measurements	We classify our cash equivalents and investments within Level 1 and Level 2 as we value our cash equivalents and investments using quoted market prices or alternative pricing sources and models utilizing market observable inputs. Valuation of the foreign currency forward contracts is based on foreign currency exchange rates in active markets, a Level 2 input. Valuation of the cross-currency interest rate swaps is based on foreign currency exchange rates and the current interest rate curve, Level 2 inputs.

Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2022

Accounting Policies [Abstract]

Schedule of Cash and Cash Equivalents

The following table reconciles cash, cash equivalents and restricted cash reported in our consolidated balance sheets to the total amount presented in our consolidated statements of cash flows:


	December 31,
	2022		2021
	(in millions)
Cash and cash equivalents	$	4,096	$	4,111
Restricted cash and cash equivalents	1,755		1,694

Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows	$	5,851	$	5,805

Schedule of Restrictions on Cash and Cash Equivalents

The following table reconciles cash, cash equivalents and restricted cash reported in our consolidated balance sheets to the total amount presented in our consolidated statements of cash flows:


	December 31,
	2022		2021
	(in millions)
Cash and cash equivalents	$	4,096	$	4,111
Restricted cash and cash equivalents	1,755		1,694

Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows	$	5,851	$	5,805

Fair Value Measurements (Tables)

12 Months Ended

Dec. 31, 2022

Fair Value Disclosures [Abstract]

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2022 are classified using the fair value hierarchy in the table below:


	Total		Level 1		Level 2
	(In millions)
Assets
Cash equivalents:
Money market funds	$	3	$	3	$	—

Term deposits	188		—		188
Derivatives:
Foreign currency forward contracts	15		—		15
Cross-currency interest rate swaps	21		—		21
Investments:
Term deposits	48		—		48
Equity investments	564		49		515
Total assets	$	839	$	52	$	787

Financial assets measured at fair value on a recurring basis as of December 31, 2021 are classified using the fair value hierarchy in the table below:


	Total		Level 1		Level 2		Level 3
	(In millions)
Assets
Cash equivalents:
Money market funds	$	47	$	47	$	—	$	—
Mutual funds	23		23		—		—
Term deposits	153		—		153		—
Derivatives:
Foreign currency forward contracts	3		—		3		—
Investments:
Term deposits	200		—		200		—
Equity investments	909		94		—		815
Total assets	$	1,335	$	164	$	356	$	815

Schedule of Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation

The following table reconciles, in millions, the beginning and ending balances of our Level 3 assets. With the May 2022 business combination of GBTG, we reclassified our equity investment from a Level 3 asset to a Level 2 asset.


Balance at December 31, 2021	$	815
Upward (downward) adjustment to valuation	(335)
Reclassification to Level 2	(480)
Balance at December 31, 2022	$	—

Property and Equipment, Net (Tables)

12 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

Schedule of Property and Equipment, Net

Our property and equipment consists of the following:


	December 31,
	2022		2021
	(In millions)
Capitalized software development	$	3,107	$	2,892
Computer equipment	353		351
Furniture and other equipment	102		106
Buildings and leasehold improvements	1,183		1,220
Land	146		146
	4,891		4,715
Less: accumulated depreciation	(2,744)		(2,568)
Projects in progress	63		33
Property and equipment, net	$	2,210	$	2,180

Leases (Tables)

12 Months Ended

Dec. 31, 2022

Leases [Abstract]

Schedule of Supplemental Cash Flow Information

Supplemental cash flow information related to leases were as follows:


	Year ended December 31,
	2022		2021		2020
	(In millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating lease payments	$	96	$	151	$	139
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	75		30		117

Schedule of Supplemental Consolidated Balance Sheet Information

Supplemental consolidated balance sheet information related to leases were as follows:


	December 31, 2022			December 31, 2021
	(in millions)
Operating lease right-of-use assets	$	363		$	407

Current lease liabilities, included within Accrued expenses and other current liabilities	$	77		$	77
Long-term lease liabilities, included within Operating lease liabilities	312			360
Total operating lease liabilities	$	389		$	437

Weighted average remaining lease term	7.1 years			8.1 years
Weighted average discount rate	3.5		%	3.5		%

Schedule of Maturities of Lease Liabilities

Maturities of lease liabilities are as follows:


	Operating Leases
	(in millions)
Year ending December 31,
2023	$	88
2024	67
2025	56
2026	51
2027	47
2028 and thereafter	134
Total lease payments	443
Less: imputed interest	(54)
Total	$	389

Goodwill and Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Intangible Assets

The following table presents our goodwill and intangible assets as of December 31, 2022 and 2021:


	December 31,
	2022		2021
	(In millions)
Goodwill	$	7,143	$	7,171
Intangible assets with indefinite lives	1,058		1,166
Intangible assets with definite lives, net	151		227
	$	8,352	$	8,564

Schedule of Changes in Goodwill by Reportable Segment

The following table presents the changes in goodwill by reportable segment:


	Retail		B2B		trivago		Total
	(In millions)
Balance as of January 1, 2021	$	6,505	$	538	$	337	$	7,380
Impairment charges	—		(14)		—		(14)
Additions	—		—		5		5
Deductions	(34)		(167)		—		(201)
Foreign exchange translation and other	(9)		37		(27)		1
Balance as of December 31, 2021	6,462		394		315		7,171



Foreign exchange translation and other	(29)		18		(17)		(28)
Balance as of December 31, 2022	$	6,433	$	412	$	298	$	7,143

Schedule of Intangible Assets with Definite Lives

The following table presents the components of our intangible assets with definite lives as of December 31, 2022 and 2021:


	December 31, 2022						December 31, 2021
	Cost		Accumulated Amortization		Net		Cost		Accumulated Amortization		Net
	(In millions)
Customer relationships	$	382	$	(336)	$	46	$	565	$	(502)	$	63
Supplier relationships	478		(460)		18		626		(564)		62
Domain names	149		(118)		31		164		(133)		31
Other	686		(630)		56		1,016		(945)		71
Total	$	1,695	$	(1,544)	$	151	$	2,371	$	(2,144)	$	227

Schedule of Estimated Future Amortization Expense Related to Intangible Assets

The estimated future amortization expense related to intangible assets with definite lives as of December 31, 2022, assuming no subsequent impairment of the underlying assets, is as follows, in millions:


2023	$	59
2024	52
2025	33
2026	7


Total	$	151

- Definition

Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (h)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (g)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 5: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 6: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 7: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1A
-URI https://asc.fasb.org/extlink&oid=121556970&loc=SL108378252-109267

Reference 8: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 9: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (a)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

Reference 10: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 2
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267

Reference 11: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 55
-Paragraph 24
-URI https://asc.fasb.org/extlink&oid=122137925&loc=d3e14258-109268

Reference 12: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267

+ Details

Debt (Tables)

12 Months Ended

Dec. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long Term Debt Outstanding

The following table sets forth our outstanding debt:


	December 31,
	2022		2021
	(In millions)
2.5% (€650 million) senior notes due 2022	$	—	$	735
3.6% senior notes due 2023	—		497
4.5% senior notes due 2024	—		498
6.25% senior notes due 2025	1,036		1,033
5.0% senior notes due 2026	746		745
0% convertible senior notes due 2026	989		986
4.625% senior notes due 2027	745		744
3.8% senior notes due 2028	995		994
3.25% senior notes due 2030	1,237		1,235
2.95% senior notes due 2031	492		983
Long-term debt(1)	6,240		8,450
Current maturities of long-term debt	—		(735)
Long-term debt, excluding current maturities	$	6,240	$	7,715

___________________________________

(1)Net of applicable discounts and debt issuance costs.

- Definition

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 210
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.5-02.22)
-URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 3
-Subparagraph (SX 210.12-04(a))
-URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 1A
-URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28541-108399

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 6
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21506-112644

Reference 5: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69B
-URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 45
-Paragraph 2
-URI https://asc.fasb.org/extlink&oid=124435984&loc=d3e28551-108399

Reference 7: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-SubTopic 20
-Section 55
-Paragraph 69E
-URI https://asc.fasb.org/extlink&oid=123466577&loc=SL123495743-112612

Reference 8: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 7
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21521-112644

Reference 9: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21538-112644

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 470
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=123599511&loc=d3e64711-112823

Reference 11: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 835
-SubTopic 30
-Section 55
-Paragraph 8
-URI https://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400

Reference 12: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section 50
-Paragraph 3
-URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21475-112644

+ Details

Stock-Based Awards and Other Equity Instruments (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted Stock Units Activity

The following table presents a summary of RSU activity:


	RSUs	Weighted Average Grant-Date Fair Value
	(In thousands)








Balance as of December 31, 2021	5,822	$	140.33
Granted	3,967	150.35
Vested	(2,175)	139.18
Cancelled	(984)	142.14
Balance as of December 31, 2022	6,630	146.43

The following table presents a summary of PSU activity :


	PSUs	Weighted Average Grant-Date Fair Value
	(In thousands)



Shares probable to be issued as of December 31, 2021	380	$	133.42
Granted	125	222.80
Performance Shares Adjustment(1)	(223)	177.35
Vested	(179)	88.04
Cancelled	(70)	189.02
Shares probable to be issued as of December 31, 2022	33	87.58

___________________________________

(1)Outcome for vested performance-based awards is updated based upon achievement of certain stock price growth rate targets of the Company’s common stock. Probable outcome for unvested performance-based awards is based upon achievement of certain stock price growth rate targets of the Company’s common stock as of December 31, 2022.

The following table summarizes the estimated vesting, as of December 31, 2022, of PSUs granted in 2022, 2021 and 2020, net of forfeiture and vesting since the respective grant dates:



	By Grant Year
Performance Stock Units	2022	2021	2020	Total	Weighted Average Grant-Date Fair Value
	(In thousands)
Shares probable to be issued	—	—	33	33	$	87.58
Shares not subject to the achievement of minimum performance thresholds	—	—	33	33	87.58
Shares that could be issued if maximum performance thresholds are met	205	259	118	582	174.54

Schedule of Stock Option Activity

The following table presents a summary of our stock option activity:


	Options	Weighted Average Exercise Price		Remaining Contractual Life	Aggregate Intrinsic Value
	(In thousands)			(In years)	(In millions)








Balance as of December 31, 2021	5,191	$	129.17

Exercised	(945)	103.20
Cancelled	(171)	111.66
Balance as of December 31, 2022	4,075	135.93		3.5	$	—
Exercisable as of December 31, 2022	1,756	109.19		1.3	—
Vested and expected to vest after December 31, 2022	4,075	135.93		3.5	—

Schedule of Weighted Average Assumptions of Black-Scholes and Monte Carlo Option-Pricing Models

The fair value of stock options granted during 2021 were estimated at the date of grant using the Black-Scholes option-pricing model, assuming the following weighted average assumptions:


Risk-free interest rate	0.82		%
Expected volatility	42.64		%
Expected life (in years)	5.13
Dividend yield	—		%
Weighted-average estimated fair value of options granted during the year	$	60.39

Income Taxes (Tables)

12 Months Ended

Dec. 31, 2022

Income Tax Disclosure [Abstract]

Schedule of Domestic and Foreign Income (Loss) Before Income Taxes

The following table summarizes our U.S. and foreign income (loss) before income taxes:


	Year Ended December 31,
	2022		2021		2020
	(In millions)
U.S.	$	67	$	(274)	$	(2,354)
Foreign	471		236		(797)
Total	$	538	$	(38)	$	(3,151)

Schedule of Income Tax Expense

The following table summarizes our provision for income taxes:


	Year Ended December 31,
	2022		2021		2020
			(In millions)
Current income tax (benefit) expense:
U.S. federal	$	17	$	17	$	(31)
State	6		7		—
Foreign	102		68		96
Current income tax expense	125		92		65
Deferred income tax (benefit) expense:
U.S. federal	(4)		(137)		(315)
State	(2)		(19)		(65)
Foreign	76		11		(108)
Deferred income tax (benefit) expense	70		(145)		(488)
Income tax (benefit) expense	$	195	$	(53)	$	(423)

Schedule of Deferred Tax Assets and Deferred Tax Liabilities

As of December 31, 2022 and 2021, the significant components of our deferred tax assets and deferred tax liabilities were as follows:


	December 31,
	2022		2021
	(In millions)
Deferred tax assets:
Provision for accrued expenses	$	51	$	85
Deferred loyalty rewards	225		186
Net operating loss and tax credit carryforwards	548		939
Stock-based compensation	22		25
Property and equipment	24		17
Capitalized research and development	154		2
Operating lease liabilities	86		96
Long-term investments	194		106
Other	39		62
Total deferred tax assets	1,343		1,518
Less valuation allowance	(242)		(171)
Net deferred tax assets	$	1,101	$	1,347
Deferred tax liabilities:
Goodwill and intangible assets	(387)		(418)
Anticipatory foreign tax credits	—		(113)
Operating lease ROU assets	(83)		(93)
Other	(22)		(15)
Total deferred tax liabilities	$	(492)	$	(639)
Net deferred tax assets	$	609	$	708

Schedule of Statutory Federal Income Tax Rate to Income from Continuing Operations before Income Taxes

A reconciliation of amounts computed by applying the U.S. federal statutory income tax rate to income before income taxes to total income tax expense is as follows:


	Year Ended December 31,
	2022		2021		2020
			(In millions)
Income tax (benefit) expense at the U.S. federal statutory rate of 21%	$	113	$	(8)	$	(662)
Foreign tax rate differential	(75)		3		16
U.S. federal research and development credit	(40)		(27)		(24)
Excess tax benefits related to stock-based compensation	(17)		(56)		4
Nondeductible compensation	37		45		17
Unrecognized tax benefits and related interest	27		6		36
Change in valuation allowance	77		(24)		139
Return to provision true-ups	(11)		4		(20)
State taxes	3		(9)		(48)
Non-creditable foreign withholding tax	21		1		—
Non-deductible goodwill impairment	—		—		170
Divestitures and entity restructuring	65		(6)		(53)
Foreign-derived intangible income	(15)		—		—
Other, net	10		18		2
Income tax (benefit) expense	$	195	$	(53)	$	(423)

Schedule of Income Tax Reconciliation of Beginning and Ending Amount of Gross Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of gross unrecognized tax benefits and interest is as follows:


	2022		2021		2020
			(In millions)
Balance, beginning of year	$	349	$	345	$	305
Increases to tax positions related to the current year	23		11		16
Increases to tax positions related to prior years	5		3		18
Decreases to tax positions related to prior years	—		(11)		(2)
Reductions due to lapsed statute of limitations	—		—		(4)
Settlements during current year	(8)		(6)		—
Interest and penalties	10		7		12
Balance, end of year	$	379	$	349	$	345

Capital Stock (Tables)

12 Months Ended

Dec. 31, 2022

Equity [Abstract]

Schedule of Share Repurchases

Shares repurchased under the authorized programs were as follows:


	Year Ended December 31,
	2022		2021		2020
Number of shares repurchased	5.2 million		—		3.4 million
Average price per share	$	96.09	$	—	$	109.88
Total cost of repurchases (in millions)(1)	$	500	$	—	$	370

___________________________________

(1)Amount excludes transaction costs.

Schedule Of Dividends Declared

In 2020, the Executive Committee, acting on behalf of the Board of Directors, declared and paid the following common stock dividends:

Declaration Date

Dividend
Per Share

Record Date

Total Amount
(in millions)

Payment Date

Year ended December 31, 2020:

February 13, 2020

$

0.34

March 10, 2020

$

48

March 26, 2020

Earnings Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Earnings (Loss) Per Share

The following table presents our basic and diluted earnings (loss) per share:


	Year Ended December 31,
	2022		2021		2020
	(In millions, except share and per share data)
Net income (loss) attributable to Expedia Group, Inc.	$	352	$	12	$	(2,612)
Preferred stock dividend	—		(67)		(75)
Loss on redemption of preferred stock	—		(214)		—
Net income (loss) attributable to Expedia Group, Inc. common stockholders	$	352	$	(269)	$	(2,687)
Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	2.24	$	(1.80)	$	(19.00)
Diluted	2.17		(1.80)		(19.00)
Weighted average number of shares outstanding (000's):
Basic	156,672		149,734		141,414
Dilutive effect of:
Convertible Notes	3,921		—		—
Stock-based awards	1,153		—		—

Other dilutive securities	5		—		—
Diluted	161,751		149,734		141,414

Other Income (Expense) (Tables)

12 Months Ended

Dec. 31, 2022

Other Income and Expenses [Abstract]

Schedule of Components of Other Income (Expense)

The following table presents the components of other, net:


	For the Year Ended December 31,
	2022		2021		2020
	(In millions)
Foreign exchange rate gains (losses), net	$	(40)	$	(48)	$	71
Loss on minority equity investments, net	(345)		(29)		(142)

Other	—		19		(6)
Total	$	(385)	$	(58)	$	(77)

Commitments and Contingencies (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedule of Commitments and Obligations

The following table presents these commitments and obligations as of December 31, 2022:


			By Period
	Total		Less than 1 year		1 to 3 years		3 to 5 years		More than 5 years
	(In millions)
Purchase obligations	$	466	$	292	$	144	$	30	$	—
Guarantees	27		27		—		—		—
Letters of credit	44		42		2		—		—
	$	537	$	361	$	146	$	30	$	—

Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Reporting [Abstract]

Schedule of Operating Segment Information

The following tables present our segment information for 2022, 2021 and 2020. 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.


	Year ended December 31, 2022
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	8,741	$	2,546	$	380	$	—	$	11,667
Intersegment revenue	—		—		181		(181)		—
Revenue	$	8,741	$	2,546	$	561	$	(181)	$	11,667
Adjusted EBITDA	$	2,124	$	599	$	113	$	(487)	$	2,349
Depreciation	(509)		(85)		(8)		(102)		(704)
Amortization of intangible assets	—		—		—		(88)		(88)
Impairment of intangible assets	—		—		—		(81)		(81)
Stock-based compensation	—		—		—		(374)		(374)
Legal reserves, occupancy tax and other	—		—		—		(23)		(23)
Realized (gain) loss on revenue hedges	2		4		—		—		6
Operating income (loss)	$	1,617	$	518	$	105	$	(1,155)	1,085
Other expense, net									(547)
Income before income taxes									538
Provision for income taxes									(195)
Net income									343
Net loss attributable to non-controlling interests									9
Net income attributable to Expedia Group, Inc.									$	352


	Year ended December 31, 2021
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	6,821	$	1,460	$	317	$	—	$	8,598
Intersegment revenue	—		—		106		(106)		—
Revenue	$	6,821	$	1,460	$	423	$	(106)	$	8,598
Adjusted EBITDA	$	1,782	$	110	$	39	$	(454)	$	1,477
Depreciation	(522)		(102)		(10)		(81)		(715)
Amortization of intangible assets	—		—		—		(99)		(99)
Impairment of goodwill	—		—		—		(14)		(14)
Intangible and other long-term asset impairment	—		—		—		(6)		(6)
Stock-based compensation	—		—		—		(418)		(418)
Legal reserves, occupancy tax and other	—		—		—		(1)		(1)
Restructuring and related reorganization charges	—		—		—		(55)		(55)
Realized (gain) loss on revenue hedges	17		—		—		—		17
Operating income (loss)	$	1,277	$	8	$	29	$	(1,128)	186
Other expense, net									(224)
Loss before income taxes									(38)
Provision for income taxes									53
Net income									15
Net income attributable to non-controlling interests									(3)
Net income attributable to Expedia Group, Inc.									12
Preferred stock dividend									(67)
Loss on redemption of preferred stock									(214)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(269)


	Year ended December 31, 2020
	Retail		B2B		trivago		Corporate & Eliminations		Total
	(In millions)
Third-party revenue	$	3,993	$	942	$	205	$	59	$	5,199
Intersegment revenue	—		—		75		(75)		—
Revenue	$	3,993	$	942	$	280	$	(16)	$	5,199
Adjusted EBITDA	$	298	$	(190)	$	(14)	$	(462)	$	(368)
Depreciation	(525)		(128)		(12)		(74)		(739)
Amortization of intangible assets	—		—		—		(154)		(154)
Impairment of goodwill	—		—		—		(799)		(799)
Intangible and other long-term asset impairment	—		—		—		(175)		(175)
Stock-based compensation	—		—		—		(205)		(205)
Legal reserves, occupancy tax and other	—		—		—		13		13
Restructuring and related reorganization charges	—		—		—		(231)		(231)
Realized (gain) loss on revenue hedges	(58)		(3)		—		—		(61)
Operating loss	$	(285)	$	(321)	$	(26)	$	(2,087)	(2,719)
Other expense, net									(432)
Loss before income taxes									(3,151)
Provision for income taxes									423
Net loss									(2,728)
Net loss attributable to non-controlling interests									116
Net loss attributable to Expedia Group, Inc.									(2,612)
Preferred stock dividend									(75)
Net loss attributable to Expedia Group, Inc. common stockholders									$	(2,687)

Schedule of Revenue by Services

Revenue by Business Model and Service Type

The following table presents revenue by business model and service type for the years ended December 31, 2022, 2021 and 2020:


	Year Ended December 31,
	2022		2021		2020
	(In millions)
Business Model
Merchant	$	7,762	$	5,537	$	3,261
Agency	2,994		2,307		1,267
Advertising, media and other	911		754		671
Total revenue	$	11,667	$	8,598	$	5,199
Service Type
Lodging	$	8,905	$	6,449	$	4,051
Air	362		254		105
Advertising and media	777		603		405
Other(1)	1,623		1,292		638
Total revenue	$	11,667	$	8,598	$	5,199

___________________________________

(1)Other includes car rental, insurance, destination services, cruise and fee revenue related to our corporate travel business prior to our sale of Egencia on November 1, 2021, among other revenue streams, none of which are individually material. Other also includes product revenue of $59 million during the year ended December 31, 2020 related to Bodybuilding.com, which was sold in May 2020.

Schedule of Revenue by Geographic Area

Geographic Information

The following table presents revenue by geographic area, the United States and all other countries, based on the geographic location of our websites or points of sale with the exception of trivago, which has all been allocated to Germany, the location of its corporate headquarters, for the years ended December 31, 2022, 2021 and 2020. No sales to an individual country other than the United States accounted for more than 10% of revenue for the presented years.


	Year Ended December 31,
	2022		2021		2020
	(In millions)
Revenue
United States	$	7,939	$	6,569	$	3,511
All other countries	3,728		2,029		1,688
	$	11,667	$	8,598	$	5,199

Schedule of Property and Equipment by Geographic Area

The following table presents property and equipment, net for the United States and all other countries, as of December 31, 2022 and 2021:


	As of December 31,
	2022		2021
	(In millions)
Property and equipment, net
United States	$	2,111	$	2,056
All other countries	99		124
	$	2,210	$	2,180

Valuation and Qualifying Accounts (Tables)

12 Months Ended

Dec. 31, 2022

SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]

Summary of Changes in Valuation and Qualifying Accounts

The following table presents the changes in our valuation and qualifying accounts. Other reserves primarily include our accrual of the cost associated with purchases made on our website related to the use of fraudulent credit cards “charged-back” due to payment disputes and cancellation fees as well as refund reserves in 2020, 2021 and 2022 primarily due to COVID impacts.


Description	Balance at Beginning of Period		Charges to Earnings		Charges to Other Accounts(1)		Deductions		Balance at End of Period
	(In millions)
2022
Allowance for expected credit losses	$	65	$	20	$	(3)	$	(42)	$	40
Other reserves	64		(28)		(4)		(3)		29
2021
Allowance for expected credit losses	$	101	$	7	$	(17)	$	(26)	$	65
Other reserves	58		7		(1)		—		64
2020
Allowance for doubtful accounts	$	41	$	82	$	2	$	(24)	$	101
Other reserves	19		39		2		(2)		58

___________________________________

(1)Charges to other accounts primarily relates to amounts acquired through acquisitions or disposed of through sales of businesses, net translation adjustments and reclassifications.

Significant Accounting Policies - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2022 EUR (€)	Mar. 31, 2022 EUR (€) instrument
Significant Accounting Policies [Line Items]
Prepaid merchant bookings	$ 480	$ 591
Deferred revenue	163	166
Advertising expense	$ 3,900	$ 2,700	$ 1,200
RSUs
Significant Accounting Policies [Line Items]
Vesting period	4 years
2.5% (€650 million) Senior Notes Due 2022
Significant Accounting Policies [Line Items]
Debt, interest rate	2.50%			2.50%
2.5% (€650 million) Senior Notes Due 2022 \| Senior notes
Significant Accounting Policies [Line Items]
Debt, interest rate					2.50%
2.5% (€650 million) Senior Notes Due 2022 \| Senior notes
Significant Accounting Policies [Line Items]
Debt instrument, redeemed amount \| €				€ 650,000,000	€ 650,000,000
Debt, interest rate	2.50%	2.50%		2.50%	2.50%
Cross-currency interest rate swaps \| Designated as Hedging Instrument
Significant Accounting Policies [Line Items]
Fixed-to fixed cross currency interest rate swaps entered into \| instrument					2
Notional amount of derivatives \| €					€ 300,000,000
Derivative, fixed interest rate (in percent)					5.00%
Derivative, average fixed interest rate (in percent)					3.38%
Land Improvements
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	15 years
Buildings
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	40 years
Minimum
Significant Accounting Policies [Line Items]
Definite lived intangible assets, estimated useful life	1 year
Minimum \| Performance stock units ("PSUs")
Significant Accounting Policies [Line Items]
Vesting period	2 years
Minimum \| Stock Options
Significant Accounting Policies [Line Items]
Vesting period	3 years
Minimum \| Computer Equipment
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	3 years
Minimum \| Capitalized Software Development
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	3 years
Minimum \| Furniture and Other Equipment
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	3 years
Maximum
Significant Accounting Policies [Line Items]
Definite lived intangible assets, estimated useful life	10 years
Maximum \| Performance stock units ("PSUs")
Significant Accounting Policies [Line Items]
Vesting period	3 years
Maximum \| Stock Options
Significant Accounting Policies [Line Items]
Vesting period	4 years
Maximum \| Computer Equipment
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	5 years
Maximum \| Capitalized Software Development
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	5 years
Maximum \| Furniture and Other Equipment
Significant Accounting Policies [Line Items]
Property and equipment, estimated useful lives	5 years
Deferred Merchant Bookings
Significant Accounting Policies [Line Items]
Deferred merchant bookings	$ 6,200	$ 4,900
Deferred merchant bookings recognized during period	4,000
Revenue recognized during period	693
Deferred Loyalty Rewards
Significant Accounting Policies [Line Items]
Deferred merchant bookings	$ 961	798
Deferred Loyalty Rewards \| Minimum
Significant Accounting Policies [Line Items]
Customer loyalty program, period of recognition	1 year
Deferred Loyalty Rewards \| Maximum
Significant Accounting Policies [Line Items]
Customer loyalty program, period of recognition	2 years
Deferred Revenue
Significant Accounting Policies [Line Items]
Revenue recognized during period	$ 117
Deferred revenue	$ 163	$ 166

Significant Accounting Policies - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Cash and cash equivalents	$ 4,096	$ 4,111
Restricted cash and cash equivalents	1,755	1,694
Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows	$ 5,851	$ 5,805	$ 4,138	$ 4,097

Fair Value Measurements - Financial Instruments Measured at Fair Value (Details) - Recurring Basis - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Investments:
Total assets	$ 839	$ 1,335
Foreign currency forward contracts
Derivatives:
Derivatives	15	3
Cross-currency interest rate swaps
Derivatives:
Derivatives	21
Money market funds
Cash equivalents:
Cash equivalents	3	47
Mutual funds
Cash equivalents:
Cash equivalents		23
Term deposits
Cash equivalents:
Cash equivalents	188	153
Investments:
Investments	48	200
Equity investments
Investments:
Investments	564	909
Level 1
Investments:
Total assets	52	164
Level 1 \| Foreign currency forward contracts
Derivatives:
Derivatives	0	0
Level 1 \| Cross-currency interest rate swaps
Derivatives:
Derivatives	0
Level 1 \| Money market funds
Cash equivalents:
Cash equivalents	3	47
Level 1 \| Mutual funds
Cash equivalents:
Cash equivalents		23
Level 1 \| Term deposits
Cash equivalents:
Cash equivalents	0	0
Investments:
Investments	0	0
Level 1 \| Equity investments
Investments:
Investments	49	94
Level 2
Investments:
Total assets	787	356
Level 2 \| Foreign currency forward contracts
Derivatives:
Derivatives	15	3
Level 2 \| Cross-currency interest rate swaps
Derivatives:
Derivatives	21
Level 2 \| Money market funds
Cash equivalents:
Cash equivalents	0	0
Level 2 \| Mutual funds
Cash equivalents:
Cash equivalents		0
Level 2 \| Term deposits
Cash equivalents:
Cash equivalents	188	153
Investments:
Investments	48	200
Level 2 \| Equity investments
Investments:
Investments	$ 515	0
Level 3
Investments:
Total assets		815
Level 3 \| Foreign currency forward contracts
Derivatives:
Derivatives		0
Level 3 \| Money market funds
Cash equivalents:
Cash equivalents		0
Level 3 \| Mutual funds
Cash equivalents:
Cash equivalents		0
Level 3 \| Term deposits
Cash equivalents:
Cash equivalents		0
Investments:
Investments		0
Level 3 \| Equity investments
Investments:
Investments		$ 815

Fair Value Measurements - Additional Information (Details) $ in Millions				3 Months Ended	12 Months Ended
	Dec. 31, 2022 USD ($)	Jun. 01, 2022	Nov. 01, 2021 USD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)	Mar. 31, 2022 EUR (€) instrument
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net gains (losses) from foreign currency forward contracts					$ (66)	$ 1	$ 74
Loss on minority equity investments					345	29	142
Impairment of goodwill					0	14	799
Goodwill	$ 7,143				7,143	7,171	$ 7,380
Intangible and other long-term asset impairment					81
Carrying value of cost method investments	330				330	330
Cumulative unrealized upward adjustments	2				2
Cumulative unrealized downward adjustments	105				105
Impairment, Intangible Asset, Finite-Lived, Statement of Income or Comprehensive Income [Extensible Enumeration]							Intangible and other long-term asset impairment
Impairment, Intangible Asset, Indefinite-Lived (Excluding Goodwill), Statement of Income or Comprehensive Income [Extensible Enumeration]							Intangible and other long-term asset impairment
Measurement Input, Projected Revenues And Royalty Rates \| Minimum \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible assets, indefinite-lived (excluding goodwill), measurement input							0.02
Measurement Input, Projected Revenues And Royalty Rates \| Maximum \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible assets, indefinite-lived (excluding goodwill), measurement input							0.08
Measurement Input, Projected Revenues And Royalty Rates \| Weighted Average \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Intangible assets, indefinite-lived (excluding goodwill), measurement input							0.07
B2B
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill						14
Goodwill	412				412	394	$ 538
Long-lived assets impairment charge						6
Retail
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill						0
Goodwill	6,433				6,433	6,462	6,505
Intangible and other long-term asset impairment							175
Trivago
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill						0
Goodwill	$ 298				298	315	337
Trivago \| Trade Names
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of indefinite-lived intangible assets					81
Nonrecurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment losses related to a minority investment					0	0	134
Nonrecurring Basis \| Retail
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill							559
Goodwill							2,300
Intangible and other long-term asset impairment							175
Impairment of definite-lived intangible assets							35
Nonrecurring Basis \| Retail \| Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Long-lived assets impairment charge							21
Nonrecurring Basis \| Retail \| Trade Names
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of indefinite-lived intangible assets							119
Nonrecurring Basis \| Trivago
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill							240
Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Downward adjustments to annual amount					335
American Express Global Business Travel
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Initial fair value			$ 815
American Express Global Business Travel \| Disposed of by Sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity interest maintained			19.00%
Global Business Travel Group
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity interest maintained	16.00%	16.00%
Exchange ratio	1
Despegar.com Corp.
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loss on minority equity investments					45	29	$ 6
American Express Global Business Travel \| Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Downward adjustments to annual amount				$ 2
Global Business Travel Group \| Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Loss on minority equity investments					300
Foreign currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional amount of derivatives	$ 2,800				2,800
Foreign currency forward contracts, assets	15				15	3
Gross forward asset	29				29	$ 12
Cross-currency interest rate swaps \| Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional amount of derivatives \| €								€ 300,000,000
Fixed-to fixed cross currency interest rate swaps entered into \| instrument								2
Fair value of derivative, asset	$ 21				21
Gain on derivative recognized in interest expense					$ 5

Fair Value Measurements - Equity Method Investments (Details) - Equity investments $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($)
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at December 31, 2021	$ 815
Upward (downward) adjustment to valuation	(335)
Reclassification to Level 2	(480)
Balance at December 31, 2022	$ 0

Property and Equipment, Net - Components of Property and Equipment, Net (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	$ 4,891	$ 4,715
Less: accumulated depreciation	(2,744)	(2,568)
Projects in progress	63	33
Property and equipment, net	2,210	2,180
Capitalized software development
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	3,107	2,892
Computer equipment
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	353	351
Furniture and other equipment
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	102	106
Buildings and leasehold improvements
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	1,183	1,220
Land
Property, Plant and Equipment [Line Items]
Total property and equipment, gross	$ 146	$ 146

Property and Equipment, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment [Line Items]
Capitalized software development costs, net of accumulated amortization	$ 960	$ 895
Amortization of capitalized software development costs	597	588	$ 593
Accounts Payable
Property, Plant and Equipment [Line Items]
Acquisition of property and equipment, non-cash investing activity	$ 26	$ 4	$ 9

Leases - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Lessee, Lease, Description [Line Items]
Lessor, operating lease, renewal term	10 years
Lessor, operating lease, option to terminate	1 year
Operating lease costs	$ 99	$ 119	$ 159
Minimum
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lessee, operating lease, term of contract	15 years

Leases - Supplemental Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows for operating lease payments	$ 96	$ 151	$ 139
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	$ 75	$ 30	$ 117

Leases - Supplemental Consolidated Balance Sheet Information (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease right-of-use assets	$ 363	$ 407
Current lease liabilities, included within Accrued expenses and other current liabilities	$ 77	$ 77
Operating lease, liability, current, statement of financial position [Extensible List]	Accrued expenses and other current liabilities	Accrued expenses and other current liabilities
Long-term lease liabilities, included within Operating lease liabilities	$ 312	$ 360
Total operating lease liabilities	$ 389	$ 437
Weighted average remaining lease term	7 years 1 month 6 days	8 years 1 month 6 days
Weighted average discount rate	3.50%	3.50%

Leases - Maturities of Lease Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Operating Leases
2023	$ 88
2024	67
2025	56
2026	51
2027	47
2028 and thereafter	134
Total lease payments	443
Less: imputed interest	(54)
Total	$ 389	$ 437

Goodwill and Intangible Assets, Net - Goodwill and Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	$ 7,143	$ 7,171	$ 7,380
Intangible assets with indefinite lives	1,058	1,166
Intangible assets with definite lives, net	151	227
Goodwill and intangible assets	$ 8,352	$ 8,564

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

Goodwill and Intangible Assets, Net - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Line Items]
Intangible and other long-term asset impairment	$ 81	$ 6	$ 175
Impairment of goodwill	0	14	799
Intangible and other long-term asset impairment	81
Accumulated goodwill impairment loss	3,300	3,300
Amortization of intangible assets	88	99	154
Trivago
Goodwill [Line Items]
Impairment of goodwill		0
Accumulated goodwill impairment loss	240	240
Trivago \| Nonrecurring Basis
Goodwill [Line Items]
Impairment of goodwill			240
Retail
Goodwill [Line Items]
Impairment of goodwill		0
Intangible and other long-term asset impairment			175
Accumulated goodwill impairment loss	3,000	3,000
Retail \| Nonrecurring Basis
Goodwill [Line Items]
Impairment of goodwill			559
Intangible and other long-term asset impairment			$ 175
B2B
Goodwill [Line Items]
Impairment of goodwill		14
Accumulated goodwill impairment loss	$ 14	$ 14

Goodwill and Intangible Assets, Net - Changes in Goodwill by Reportable Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Goodwill [Roll Forward]
Goodwill, Beginning Balance	$ 7,171	$ 7,380
Impairment charges	0	(14)	$ (799)
Additions		5
Deductions		(201)
Foreign exchange translation and other	(28)	1
Goodwill, Ending Balance	7,143	7,171	7,380
Retail
Goodwill [Roll Forward]
Goodwill, Beginning Balance	6,462	6,505
Impairment charges		0
Additions		0
Deductions		(34)
Foreign exchange translation and other	(29)	(9)
Goodwill, Ending Balance	6,433	6,462	6,505
B2B
Goodwill [Roll Forward]
Goodwill, Beginning Balance	394	538
Impairment charges		(14)
Additions		0
Deductions		(167)
Foreign exchange translation and other	18	37
Goodwill, Ending Balance	412	394	538
trivago
Goodwill [Roll Forward]
Goodwill, Beginning Balance	315	337
Impairment charges		0
Additions		5
Deductions		0
Foreign exchange translation and other	(17)	(27)
Goodwill, Ending Balance	$ 298	$ 315	$ 337

- Definition

Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

+ References + Details

Goodwill and Intangible Assets, Net - Components of Intangible Assets with Definite Lives (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets [Line Items]
Cost	$ 1,695	$ 2,371
Accumulated Amortization	(1,544)	(2,144)
Net	151	227
Customer relationships
Finite-Lived Intangible Assets [Line Items]
Cost	382	565
Accumulated Amortization	(336)	(502)
Net	46	63
Supplier relationships
Finite-Lived Intangible Assets [Line Items]
Cost	478	626
Accumulated Amortization	(460)	(564)
Net	18	62
Domain names
Finite-Lived Intangible Assets [Line Items]
Cost	149	164
Accumulated Amortization	(118)	(133)
Net	31	31
Other
Finite-Lived Intangible Assets [Line Items]
Cost	686	1,016
Accumulated Amortization	(630)	(945)
Net	$ 56	$ 71

Goodwill and Intangible Assets, Net - Estimated Future Amortization Expense Related to Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
2023	$ 59
2024	52
2025	33
2026	7
Net	$ 151	$ 227

Debt - Long Term Debt Outstanding (Details)	Dec. 31, 2022 USD ($)	Dec. 31, 2022 EUR (€)	Mar. 31, 2022	Dec. 31, 2021 USD ($)	Dec. 31, 2021 EUR (€)
Debt Instrument [Line Items]
Long-term Debt	$ 6,240,000,000			$ 8,450,000,000
Current maturities of long-term debt	0			(735,000,000)
Long-term debt, excluding current maturities	$ 6,240,000,000			$ 7,715,000,000
2.5% (€650 million) Senior Notes Due 2022 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	2.50%	2.50%	2.50%	2.50%	2.50%
Senior unsecured notes principal amount \| €		€ 650,000,000			€ 650,000,000
Long-term Debt	$ 0			$ 735,000,000
3.6% senior notes due 2023 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	3.60%	3.60%		3.60%	3.60%
Long-term Debt	$ 0			$ 497,000,000
4.5% senior notes due 2024 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	4.50%	4.50%		4.50%	4.50%
Long-term Debt	$ 0			$ 498,000,000
6.25% senior notes due 2025 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	6.25%	6.25%		6.25%	6.25%
Senior unsecured notes principal amount	$ 1,000,000,000
Long-term Debt	$ 1,036,000,000			$ 1,033,000,000
5.0% senior notes due 2026
Debt Instrument [Line Items]
Debt, interest rate	5.00%	5.00%
Senior unsecured notes principal amount	$ 750,000,000
5.0% senior notes due 2026 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	5.00%	5.00%		5.00%	5.00%
Long-term Debt	$ 746,000,000			$ 745,000,000
0% convertible senior notes due 2026 \| Convertible Debt
Debt Instrument [Line Items]
Debt, interest rate	0.00%	0.00%		0.00%	0.00%
Senior unsecured notes principal amount	$ 1,000,000,000
Long-term Debt	$ 989,000,000			$ 986,000,000
4.625% senior notes due 2027 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	4.625%	4.625%		4.625%	4.625%
Senior unsecured notes principal amount	$ 750,000,000
Long-term Debt	$ 745,000,000			$ 744,000,000
3.8% senior notes due 2028 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	3.80%	3.80%		3.80%	3.80%
Senior unsecured notes principal amount	$ 1,000,000,000
Long-term Debt	$ 995,000,000			$ 994,000,000
3.25% senior notes due 2030 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	3.25%	3.25%		3.25%	3.25%
Senior unsecured notes principal amount	$ 1,250,000,000
Long-term Debt	$ 1,237,000,000			$ 1,235,000,000
2.95% senior notes due 2031 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate	2.95%	2.95%
Senior unsecured notes principal amount	$ 500,000,000
Long-term Debt	$ 492,000,000			$ 983,000,000

Debt - Additional Information (Details)	3 Months Ended	12 Months Ended
Debt - Additional Information (Details)	Mar. 31, 2021 day	Dec. 31, 2022 USD ($) day $ / shares	Dec. 31, 2021 USD ($) $ / shares	Dec. 31, 2020 USD ($)	Dec. 31, 2022 EUR (€)	Mar. 31, 2022 EUR (€)	Dec. 31, 2021 EUR (€)
Debt Instrument [Line Items]
Gain (loss) on debt extinguishment, net		$ 49,000,000	$ (280,000,000)	$ 0
Payments of debt extinguishment costs		$ 22,000,000	$ 258,000,000	$ 0
Common stock, par value (in dollars per share) \| $ / shares		$ 0.0001	$ 0.0001
Long-term debt		$ 6,240,000,000	$ 8,450,000,000
Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility			1,145,000,000
Letter of Credit
Debt Instrument [Line Items]
Letters of credit issued under the credit facility			14,000,000
Common stock
Debt Instrument [Line Items]
Common stock, par value (in dollars per share) \| $ / shares		$ 0.0001
Senior notes
Debt Instrument [Line Items]
Gain (loss) on debt extinguishment, net		$ (24,000,000)
Payments of debt extinguishment costs		20,000,000
Write off of deferred debt issuance cost		$ 4,000,000
Debt instrument redemption price percentage		101.00%
Accrued interest related to senior notes		$ 73,000,000	98,000,000
Senior notes \| Estimate of Fair Value Measurement
Debt Instrument [Line Items]
Fair value of senior notes		4,900,000,000	8,000,000,000
Convertible Debt \| Estimate of Fair Value Measurement
Debt Instrument [Line Items]
Fair value of senior notes		$ 871,000,000	1,200,000,000
Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility borrowings outstanding			0
Line of Credit \| Foreign credit facility
Debt Instrument [Line Items]
Credit facility borrowings outstanding			$ 0
2.5% (€650 million) Senior Notes Due 2022 \| Senior notes
Debt Instrument [Line Items]
Debt instrument, redeemed amount \| €					€ 650,000,000	€ 650,000,000
Debt, interest rate		2.50%	2.50%		2.50%	2.50%	2.50%
Senior unsecured notes principal amount \| €					€ 650,000,000		€ 650,000,000
Long-term debt		$ 0	$ 735,000,000
3.6% senior notes due 2023 \| Senior notes
Debt Instrument [Line Items]
Debt instrument, redeemed amount		$ 500,000,000
Debt, interest rate		3.60%	3.60%		3.60%		3.60%
Long-term debt		$ 0	$ 497,000,000
4.5% senior notes due 2024 \| Senior notes
Debt Instrument [Line Items]
Debt instrument, redeemed amount		$ 500,000,000
Debt, interest rate		4.50%	4.50%		4.50%		4.50%
Long-term debt		$ 0	$ 498,000,000
2.95% senior notes due 2031 \| Senior notes
Debt Instrument [Line Items]
Debt instrument, redeemed amount		$ 500,000,000
Debt, interest rate		2.95%			2.95%
Gain (loss) on debt extinguishment, net		$ 73,000,000
Payments of debt extinguishment costs		1,000,000
Write off of deferred debt issuance cost		8,000,000
Repayments of senior debt		418,000,000
Senior unsecured notes principal amount		$ 500,000,000
Senior notes issued price percentage		99.081%			99.081%
Long-term debt		$ 492,000,000	$ 983,000,000
Seven Percent Unsecured Senior Notes Due May Two Thousand Twenty Five [Member] \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate			7.00%				7.00%
6.25% senior notes due 2025 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate		6.25%	6.25%		6.25%		6.25%
Repayments of senior debt		$ 956,000,000	$ 956,000,000
Senior unsecured notes principal amount		$ 1,000,000,000
Debt instrument redemption price percentage		100.00%
Long-term debt		$ 1,036,000,000	$ 1,033,000,000
5.0% senior notes due 2026
Debt Instrument [Line Items]
Debt, interest rate		5.00%			5.00%
Senior unsecured notes principal amount		$ 750,000,000
Debt instrument redemption price percentage		100.00%
Senior notes issued price percentage		99.535%			99.535%
5.0% senior notes due 2026 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate		5.00%	5.00%		5.00%		5.00%
Long-term debt		$ 746,000,000	$ 745,000,000
0% convertible senior notes due 2026 \| Convertible Debt
Debt Instrument [Line Items]
Debt, interest rate		0.00%	0.00%		0.00%		0.00%
Senior unsecured notes principal amount		$ 1,000,000,000
Debt instrument, convertible, conversion ratio		0.0039212
Debt instrument, convertible, conversion price (in dollars per share) \| $ / shares		$ 255.02
Long-term debt		$ 989,000,000	$ 986,000,000
Debt issuance costs, net		11,000,000	14,000,000
Amortization of debt issuance costs		$ 3,000,000	$ 3,000,000
0% convertible senior notes due 2026 \| Convertible Debt \| Upon the occurrence of certain change of control triggering events
Debt Instrument [Line Items]
Threshold trading days (at least) \| day	20
Consecutive trading days \| day	30
Threshold percentage of stock price trigger (equal to or greater than)	130.00%
0% convertible senior notes due 2026 \| Convertible Debt \| Debt instrument, redemption, period two
Debt Instrument [Line Items]
Number of business days		5 days
Consecutive business days		5 days
Percentage of product of the last reported sale price of common stock and the conversion rate on each such trading day (less than)		98.00%
0% convertible senior notes due 2026 \| Convertible Debt \| Debt instrument, redemption, period three
Debt Instrument [Line Items]
Debt instrument redemption price percentage		100.00%
Threshold trading days (at least) \| day		20
Consecutive trading days \| day		30
Threshold percentage of stock price trigger (equal to or greater than)		130.00%
4.625% senior notes due 2027 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate		4.625%	4.625%		4.625%		4.625%
Senior unsecured notes principal amount		$ 750,000,000
Senior notes issued price percentage		99.997%			99.997%
Long-term debt		$ 745,000,000	$ 744,000,000
3.8% senior notes due 2028 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate		3.80%	3.80%		3.80%		3.80%
Senior unsecured notes principal amount		$ 1,000,000,000
Debt instrument redemption price percentage		100.00%
Senior notes issued price percentage		99.747%			99.747%
Long-term debt		$ 995,000,000	$ 994,000,000
3.25% senior notes due 2030 \| Senior notes
Debt Instrument [Line Items]
Debt, interest rate		3.25%	3.25%		3.25%		3.25%
Senior unsecured notes principal amount		$ 1,250,000,000
Debt instrument redemption price percentage		100.00%
Senior notes issued price percentage		99.225%			99.225%
Long-term debt		$ 1,237,000,000	$ 1,235,000,000
New Revolving Credit Facility \| Line of Credit
Debt Instrument [Line Items]
Letters of credit issued under the credit facility		38,000,000
New Revolving Credit Facility \| Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility		2,500,000,000
Credit facility borrowings outstanding		$ 0
New Revolving Credit Facility \| Line of Credit \| Revolving Credit Facility \| Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.00%
Commitment fee on undrawn amounts		0.10%
New Revolving Credit Facility \| Line of Credit \| Revolving Credit Facility \| Minimum \| Base rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.00%
New Revolving Credit Facility \| Line of Credit \| Revolving Credit Facility \| Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		1.75%
Commitment fee on undrawn amounts		0.25%
New Revolving Credit Facility \| Line of Credit \| Revolving Credit Facility \| Maximum \| Base rate
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate		0.75%
New Revolving Credit Facility \| Line of Credit \| Letter of Credit
Debt Instrument [Line Items]
Credit facility		$ 120,000,000
Foreign credit facility
Debt Instrument [Line Items]
Credit facility			$ 855,000,000

Employee Benefit Plans - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Postemployment Benefits [Abstract]
Percentage of employees contributions maximum	50.00%
Percentage of company matches of employees contributions maximum	6.00%
Employee vesting period	2 years
Employer contributions for benefit plans	$ 63	$ 68	$ 63

Stock-Based Awards and Other Equity Instruments - Additional Information (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock reserved for new stock-based awards, shares	7,000
Market value of shares vested in period	$ 336	$ 504	$ 172
Stock-based compensation	374	418	205
Stock-based compensation tax benefit	106	157	44
Capitalized stock-based compensation expense	54	68	36
Cash received from stock-based award exercises	98	476	301
Income tax benefit associated with employees exercise of stock-based awards	17	$ 28	$ 1
Unrecognized stock-based compensation expense	$ 938
Unrecognized stock-based compensation expense expected recognition period	2 years 8 months 23 days
Employee Stock Purchase Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock purchase price as percentage of fair market value	85.00%
Eligible employees contribution of base compensation	15.00%
Employee stock purchase plan, shares purchased	305	194	212
Employee stock ownership plan, average purchase price of shares purchased	$ 109.36	$ 135.38	$ 84.89
Number of shares available for issuance (in shares)	901
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock price, as of year end (in dollars per share)	$ 87.60
Total intrinsic value of stock options exercised, value	$ 89	$ 302	$ 74
Options granted (in shares)	0		0

Stock-Based Awards and Other Equity Instruments - Schedule of Restricted Stock Units Activity (Details) shares in Thousands	12 Months Ended
	Dec. 31, 2022 $ / shares shares
RSUs
Number of Shares
Beginning balance (in shares) \| shares	5,822
Granted (in shares) \| shares	3,967
Vested (in shares) \| shares	(2,175)
Cancelled (in shares) \| shares	(984)
Ending balance (in shares) \| shares	6,630
Weighted Average Grant-Date Fair Value
Beginning balance (in dollars per share) \| $ / shares	$ 140.33
Granted (in dollars per share) \| $ / shares	150.35
Vested (in dollars per share) \| $ / shares	139.18
Cancelled (in dollars per share) \| $ / shares	142.14
Ending balance (in dollars per share) \| $ / shares	$ 146.43
PSUs
Number of Shares
Beginning balance (in shares) \| shares	380
Granted (in shares) \| shares	125
Performance Shares Adjustment (in shares) \| shares	(223)
Vested (in shares) \| shares	(179)
Cancelled (in shares) \| shares	(70)
Ending balance (in shares) \| shares	33
Weighted Average Grant-Date Fair Value
Beginning balance (in dollars per share) \| $ / shares	$ 133.42
Granted (in dollars per share) \| $ / shares	222.80
Performance Shares Adjustment (in dollars per share) \| $ / shares	177.35
Vested (in dollars per share) \| $ / shares	88.04
Cancelled (in dollars per share) \| $ / shares	189.02
Ending balance (in dollars per share) \| $ / shares	$ 87.58

Stock-Based Awards and Other Equity Instruments - Performance Share Units (Details) - $ / shares shares in Thousands	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
By Grant Year
Shares probable to be issued (in shares)	33
Shares not subject to the achievement of minimum performance thresholds (in shares)	33
Shares that could be issued if maximum performance thresholds are met (in shares)	582
Weighted Average Grant-Date Fair Value
Shares probable to be issued (in usd per share)	$ 87.58
Shares not subject to the achievement of minimum performance thresholds (in usd per share)	87.58
Shares that could be issued if maximum performance thresholds are met (in usd per share)	$ 174.54
PSUs
By Grant Year
Shares probable to be issued (in shares)	0	0	33
Shares not subject to the achievement of minimum performance thresholds (in shares)	0	0	33
Shares that could be issued if maximum performance thresholds are met (in shares)	205	259	118

Stock-Based Awards and Other Equity Instruments - Schedule of Stock Option Activity (Details) - Stock Options $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares
Options
Beginning balance (in shares) \| shares	5,191
Exercised (in shares) \| shares	(945)
Cancelled (in shares) \| shares	(171)
Ending balance (in shares) \| shares	4,075
Exercisable as of end of the period (in shares) \| shares	1,756
Vested and expected to vest (in shares) \| shares	4,075
Weighted Average Exercise Price
Beginning balance (in dollars per share) \| $ / shares	$ 129.17
Exercised (in dollars per share) \| $ / shares	103.20
Cancelled (in dollars per share) \| $ / shares	111.66
Ending balance (in dollars per share) \| $ / shares	135.93
Exercisable as of end of the period (in dollars per share) \| $ / shares	109.19
Vested and expected to vest (in dollars per share) \| $ / shares	$ 135.93
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]
Remaining Contractual Life (In years)	3 years 6 months
Remaining Contractual Life (In years), Exercisable as of end of the period	1 year 3 months 18 days
Remaining Contractual Life (In years), Vested and expected to vest	3 years 6 months
Aggregate Intrinsic Value \| $	$ 0
Aggregate intrinsic value, Exercisable as of end of the period \| $	0
Aggregate intrinsic value, Vested and expected to vest \| $	$ 0

Stock-Based Awards and Other Equity Instruments - Weighted Average Assumptions of Black-Scholes and Monte Carlo Option-Pricing Models (Details) - Stock Options	12 Months Ended
	Dec. 31, 2021 $ / shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate	0.82%
Expected volatility	42.64%
Expected life (in years)	5 years 1 month 17 days
Dividend yield	0.00%
Weighted-average estimated fair value of options granted during the year (in dollars per share)	$ 60.39

Income Taxes - Domestic and Foreign Income Loss Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
U.S.	$ 67	$ (274)	$ (2,354)
Foreign	471	236	(797)
Income (loss) before income taxes	$ 538	$ (38)	$ (3,151)

- Definition

Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8906-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8933-108599

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 940
-SubTopic 20
-Section 25
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=126941158&loc=d3e41242-110953

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8736-108599

Reference 6: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03(10))
-URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227

Reference 7: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 944
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.7-04(8))
-URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 235
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-05(b)(2))
-URI https://asc.fasb.org/extlink&oid=120399901&loc=d3e537907-122884

Reference 9: http://www.xbrl.org/2003/role/exampleRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI https://asc.fasb.org/extlink&oid=126901519&loc=d3e8924-108599

Reference 10: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 220
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-04(15))
-URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260

+ Details

Income Taxes - Summary of Provision for Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Current income tax (benefit) expense:
U.S. federal	$ 17	$ 17	$ (31)
State	6	7	0
Foreign	102	68	96
Current income tax expense	125	92	65
Deferred income tax (benefit) expense:
U.S. federal	(4)	(137)	(315)
State	(2)	(19)	(65)
Foreign	76	11	(108)
Deferred income tax (benefit) expense	70	(145)	(488)
Income tax (benefit) expense	$ 195	$ (53)	$ (423)

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2022	Dec. 31, 2019	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Taxes [Line Items]
Reduction in current income tax payable attributable to stock-based compensation			$ 17	$ 28	$ 1
Valuation allowance	$ 242		242	171
Increase in NOL valuation allowance			(71)
Undistributed earnings of foreign subsidiaries	65		65
Unrecognized tax benefits	379	$ 305	379	349	345
Unrecognized tax benefits that would impact effective tax rate	213		213	207	219
Uncertain tax positions, interest and penalties	66		66	56
Interest and penalties			10	$ 7	$ 12
Federal
Income Taxes [Line Items]
Net operating loss carryforwards	1,100		1,100
Indefinitely carried forward net operating loss carryforwards	1,100		1,100
Unrecognized deferred tax liability related to the U.S. federal income tax consequences of undistributed earnings of foreign subsidiaries	17		17
State
Income Taxes [Line Items]
Net operating loss carryforwards	465		465
Indefinitely carried forward net operating loss carryforwards	103		103
Net operating loss carryforwards subject to expiration	362		362
Foreign
Income Taxes [Line Items]
Net operating loss carryforwards	268		268
Indefinitely carried forward net operating loss carryforwards	188		188
Net operating loss carryforwards subject to expiration	80		$ 80
IRS
Income Taxes [Line Items]
Increase in prior years taxable revenue due to tax examination	1,413	696
Additional federal tax expense due to tax examination	$ 494	$ 244

Income Taxes - Components of Deferred Tax Assets and Deferred Tax Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Deferred tax assets:
Provision for accrued expenses	$ 51	$ 85
Deferred loyalty rewards	225	186
Net operating loss and tax credit carryforwards	548	939
Stock-based compensation	22	25
Property and equipment	24	17
Capitalized research and development	154	2
Operating lease liabilities	86	96
Long-term investments	194	106
Other	39	62
Total deferred tax assets	1,343	1,518
Less valuation allowance	(242)	(171)
Net deferred tax assets	1,101	1,347
Deferred tax liabilities:
Goodwill and intangible assets	(387)	(418)
Anticipatory foreign tax credits	0	(113)
Operating lease ROU assets	(83)	(93)
Other	(22)	(15)
Total deferred tax liabilities	(492)	(639)
Net deferred tax assets	$ 609	$ 708

Income Taxes - Schedule of Statutory Federal Income Tax Rate to Income from Continuing Operations Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income tax (benefit) expense at the U.S. federal statutory rate of 21%	$ 113	$ (8)	$ (662)
Foreign tax rate differential	(75)	3	16
U.S. federal research and development credit	(40)	(27)	(24)
Excess tax benefits related to stock-based compensation	(17)	(56)	4
Nondeductible compensation	37	45	17
Unrecognized tax benefits and related interest	27	6	36
Change in valuation allowance	77	(24)	139
Return to provision true-ups	(11)	4	(20)
State taxes	3	(9)	(48)
Non-creditable foreign withholding tax	21	1	0
Non-deductible goodwill impairment	0	0	170
Divestitures and entity restructuring	65	(6)	(53)
Foreign-derived intangible income	(15)	0	0
Other, net	10	18	2
Income tax (benefit) expense	$ 195	$ (53)	$ (423)

Income Taxes - Uncertain Tax Positions (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Beginning balance	$ 349	$ 345	$ 305
Increases to tax positions related to the current year	23	11	16
Increases to tax positions related to prior years	5	3	18
Decreases to tax positions related to prior years	0	(11)	(2)
Reductions due to lapsed statute of limitations	0	0	(4)
Settlements during current year	(8)	(6)	0
Interest and penalties	10	7	12
Ending balance	$ 379	$ 349	$ 345

Capital Stock - Additional Information (Details)	12 Months Ended
Capital Stock - Additional Information (Details)	Dec. 31, 2022 USD ($) vote $ / shares shares	Dec. 31, 2021 USD ($) $ / shares shares	Dec. 31, 2020 USD ($) $ / shares shares	Dec. 31, 2019 shares	Dec. 31, 2018 shares
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	1,600,000,000	1,600,000,000
Common stock, par value (in dollars per share) \| $ / shares	$ 0.0001	$ 0.0001
Preferred stock dividends \| $		$ 67,000,000	$ 75,000,000
Loss on redemption of preferred stock \| $	$ 0	$ 214,000,000	$ 0
Payment of preferred dividends (in dollars per share) \| $ / shares		$ 74.96	$ 62.47
Treasury stock (in shares)	137,783,000	131,813,000
Number of shares authorized and remaining under the repurchase program	18,100,000
Board of Directors Chairman
Class of Stock [Line Items]
Authorized share repurchase (up to)				20,000,000	15,000,000
AP Fort Holdings, L.P.
Class of Stock [Line Items]
Proceeds from issuance of private placement \| $			$ 588,000,000
Silver Lake Group, LLC
Class of Stock [Line Items]
Proceeds from issuance of private placement \| $			$ 588,000,000
Common Stock
Class of Stock [Line Items]
Treasury stock (in shares)	130,500,000	124,500,000
Class B Common Stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	400,000,000	400,000,000
Common stock, par value (in dollars per share) \| $ / shares	$ 0.0001	$ 0.0001
Number of voting rights to each shareholder, per share \| vote	10
Common stock, conversion basis	one
Treasury stock (in shares)	7,300,000	7,300,000
Series A Preferred Stock
Class of Stock [Line Items]
Preferred stock, redemption price, percentage of principal amount redeemed		103.00%
Preferred stock, redemption amount \| $		$ 1,275,000,000
Preferred stock redemption premium \| $		36,000,000
Preferred stock dividends \| $		39,000,000
Loss on redemption of preferred stock \| $		214,000,000
Preferred stock, initial discount and issuance costs and warrants \| $		178,000,000
Remaining carrying amount \| $		$ 0
Series A Preferred Stock \| AP Fort Holdings, L.P.
Class of Stock [Line Items]
Sale of stock, number of shares issued in transaction (in shares)			600,000
Preferred stock, par value (in dollars per share) \| $ / shares			$ 0.001
Series A Preferred Stock \| Silver Lake Group, LLC
Class of Stock [Line Items]
Sale of stock, number of shares issued in transaction (in shares)			600,000
Warrant
Class of Stock [Line Items]
Warrants remain outstanding (in shares)		0
Warrant \| AP Fort Holdings, L.P.
Class of Stock [Line Items]
Warrants purchased (in shares)			4,200,000
Class of warrant or right, exercise price of warrants or rights (in dollars per share) \| $ / shares			$ 72.00
Shares issued in transaction (in shares)		2,500,000
Warrant \| Silver Lake Group, LLC
Class of Stock [Line Items]
Warrants purchased (in shares)			4,200,000
Class of warrant or right, exercise price of warrants or rights (in dollars per share) \| $ / shares			$ 72.00
Shares issued in transaction (in shares)		2,600,000
Common Stock
Class of Stock [Line Items]
Common stock, shares authorized (in shares)	1,600,000,000
Common stock, par value (in dollars per share) \| $ / shares	$ 0.0001
Number of voting rights to each shareholder, per share \| vote	1
Total number of directors elected by holders of common stock, voting as single class, percentage	25.00%
Shares issued in transaction (in shares)		5,065,381
Additional Paid-in Capital
Class of Stock [Line Items]
Preferred stock dividends \| $		$ 67,000,000	$ 75,000,000

Capital Stock - Shares Repurchased (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Equity [Abstract]
Number of shares repurchased (in shares)	5.2	0.0	3.4
Average price per share (in dollars per share)	$ 96.09	$ 0	$ 109.88
Total cost of repurchases	$ 500	$ 0	$ 370

Capital Stock - Schedule of Dividends Declared (Details) - USD ($) $ / shares in Units, $ in Millions			12 Months Ended
	Mar. 26, 2020	Feb. 13, 2020	Dec. 31, 2020
Equity [Abstract]
Dividends declared per common share (in dollars per share)		$ 0.34	$ 0.34
Dividend paid (in dollars per share)	$ 0.34
Total Amount (in millions)	$ 48

Capital Stock - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cross-currency interest rate swaps
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation gains (losses), net of tax	$ 16
Foreign currency translation gain (losses), before tax	21
2.5% (€650 million) Senior Notes Due 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation gains (losses), net of tax	(7)	$ (15)
Foreign currency translation gain (losses), before tax	$ (10)	$ (22)
Debt, interest rate	2.50%

Capital Stock - Non-redeemable Non-controlling Interests (Details)	Dec. 31, 2022	Dec. 31, 2021
Trivago
Noncontrolling Interest [Line Items]
Ownership interest percentage	61.10%	58.30%

Earnings Per Share - Basic and Diluted Earnings (Loss) Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Net income (loss) attributable to Expedia Group, Inc.	$ 352	$ 12	$ (2,612)
Preferred stock dividend	0	(67)	(75)
Loss on redemption of preferred stock	0	(214)	0
Net income (loss) attributable to Expedia Group, Inc. common stockholders, basic	352	(269)	(2,687)
Net income (loss) attributable to Expedia Group, Inc. common stockholders, diluted	$ 352	$ (269)	$ (2,687)
Earnings (loss) per share attributable to Expedia Group, Inc. available to common stockholders:
Basic (in dollars per share)	$ 2.24	$ (1.80)	$ (19.00)
Diluted (in dollars per share)	$ 2.17	$ (1.80)	$ (19.00)
Weighted average number of shares outstanding (000's):
Basic (in shares)	156,672	149,734	141,414
Dilutive effect of:
Convertible Notes (in shares)	3,921	0	0
Stock-based awards (in shares)	1,153	0	0
Other dilutive securities (in shares)	5	0	0
Diluted (in shares)	161,751	149,734	141,414

Earnings Per Share - Additional Information (Details) - shares shares in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding stock awards excluded from calculation of diluted earnings per share	9	11
Convertible Debt Securities
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding stock awards excluded from calculation of diluted earnings per share		4,000,000
Share-Based Payment Arrangement And Warrants
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding stock awards excluded from calculation of diluted earnings per share			22

Restructuring and Related Reorganization Charges - (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Restructuring and Related Activities [Abstract]
Restructuring and related reorganization charges	$ 0	$ 55	$ 231

Other Income Expense (Details) - USD ($) $ in Millions	12 Months Ended
Other Income Expense (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Other Income and Expenses [Abstract]
Foreign exchange rate gains (losses), net	$ (40)	$ (48)	$ 71
Loss on minority equity investments, net	(345)	(29)	(142)
Other	0	19	(6)
Total	$ (385)	$ (58)	$ (77)

Commitments and Contingencies - Schedule of Commitments and Obligations (Details) $ in Millions	Dec. 31, 2022 USD ($)
Purchase obligations
Total	$ 466
Less than 1 year	292
1 to 3 years	144
3 to 5 years	30
More than 5 years	0
Guarantees
Total	27
Less than 1 year	27
1 to 3 years	0
3 to 5 years	0
More than 5 years	0
Letters of credit
Total	537
Less than 1 year	361
1 to 3 years	146
3 to 5 years	30
More than 5 years	0
Letters of Credit
Letters of credit
Total	44
Less than 1 year	42
1 to 3 years	2
3 to 5 years	0
More than 5 years	$ 0

Commitments and Contingencies - Additional Information (Details) $ in Millions, $ in Millions		3 Months Ended	12 Months Ended
	Apr. 22, 2022 AUD ($)	Mar. 31, 2022 USD ($)	Dec. 31, 2022 USD ($) lawsuit	Dec. 31, 2021 USD ($)
Litigation Relating to Occupancy Tax
Loss Contingencies [Line Items]
Number of lawsuits filed \| lawsuit			103
Number of lawsuits currently active \| lawsuit			8
Number of lawsuits dismissed to date \| lawsuit			49
Number of dismissals based on finding that defendant was not subject to local hotel occupancy tax or the local government lacked standing to pursue claims \| lawsuit			34
Reserve for legal contingencies \| $			$ 44	$ 50
Breach Of Australian Consumer Law \| Affiliated Entity
Loss Contingencies [Line Items]
Trivago to pay penalty \| $	$ 44.7
Estimated probable loss \| $		$ 34	$ 11
Estimate of possible loss, additions \| $		$ 23

Divestitures - Additional Information (Details) - USD ($) $ in Millions		12 Months Ended
	Nov. 01, 2021	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on sale of business, net		$ 6	$ 456	$ (13)
Net cash received		$ 4	(60)	(21)
American Express Global Business Travel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Initial fair value	$ 815
Disposed of by Sale \| American Express Global Business Travel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Equity interest maintained	19.00%
Disposed of by Sale \| American Express Global Business Travel \| Lodging Agreeement
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Supply commitment, term	10 years
American Express Global Business Travel \| Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on sale of business, net			401
Net cash divested			88
Certain Smaller Business Disposed \| Disposed of by Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) on sale of business, net			57	(13)
Net cash divested				$ 21
Net cash received			$ 27

Related Party Transactions - Additional Information (Details) $ in Millions	1 Months Ended	12 Months Ended
	Nov. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) aircraft	Dec. 31, 2021 USD ($)
Related Party Transaction [Line Items]
Long-term investments and other assets		$ 1,184	$ 1,450
Two Airplanes \| Expedia, Inc
Related Party Transaction [Line Items]
Airplane ownership interest		50.00%
Number of aircrafts \| aircraft		2
Two Airplanes \| Iac
Related Party Transaction [Line Items]
Airplane ownership interest		50.00%
Number of aircrafts \| aircraft		2
Airplane Three
Related Party Transaction [Line Items]
Proceeds received from divestiture, percent	50.00%
Net sale proceeds	$ 19
Aircraft
Related Party Transaction [Line Items]
Long-term investments and other assets		$ 46	$ 60

Segment Information - Operating Segment Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting Information [Line Items]
Revenue	$ 11,667	$ 8,598	$ 5,199
Adjusted EBITDA	2,349	1,477	(368)
Depreciation	(704)	(715)	(739)
Amortization of intangible assets	(88)	(99)	(154)
Impairment of intangible assets	(81)
Impairment of goodwill	0	(14)	(799)
Intangible and other long-term asset impairment	(81)	(6)	(175)
Stock-based compensation	(374)	(418)	(205)
Legal reserves, occupancy tax and other	(23)	(1)	13
Restructuring and related reorganization charges	0	(55)	(231)
Realized (gain) loss on revenue hedges	6	17	(61)
Operating income (loss)	1,085	186	(2,719)
Other expense, net	(547)	(224)	(432)
Income (loss) before income taxes	538	(38)	(3,151)
Provision for income taxes	(195)	53	423
Net income (loss)	343	15	(2,728)
Net (income) loss attributable to non-controlling interests	9	(3)	116
Net income (loss) attributable to Expedia Group, Inc.	352	12	(2,612)
Preferred stock dividend	0	(67)	(75)
Loss on redemption of preferred stock	0	(214)	0
Net income (loss) attributable to Expedia Group, Inc. common stockholders, basic	352	(269)	(2,687)
Corporate
Segment Reporting Information [Line Items]
Revenue	0	0	59
Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	(181)	(106)	(75)
Corporate & Eliminations
Segment Reporting Information [Line Items]
Revenue	(181)	(106)	(16)
Adjusted EBITDA	(487)	(454)	(462)
Depreciation	(102)	(81)	(74)
Amortization of intangible assets	(88)	(99)	(154)
Impairment of intangible assets	(81)
Impairment of goodwill		(14)	(799)
Intangible and other long-term asset impairment		(6)	(175)
Stock-based compensation	(374)	(418)	(205)
Legal reserves, occupancy tax and other	(23)	(1)	13
Restructuring and related reorganization charges		(55)	(231)
Realized (gain) loss on revenue hedges	0	0	0
Operating income (loss)	(1,155)	(1,128)	(2,087)
Retail
Segment Reporting Information [Line Items]
Revenue	8,741	6,821	3,993
Impairment of intangible assets			(175)
Impairment of goodwill		0
Retail \| Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	0	0	0
Retail \| Reportable Segments
Segment Reporting Information [Line Items]
Revenue	8,741	6,821	3,993
Adjusted EBITDA	2,124	1,782	298
Depreciation	(509)	(522)	(525)
Amortization of intangible assets	0	0	0
Impairment of intangible assets	0
Impairment of goodwill		0	0
Intangible and other long-term asset impairment		0	0
Stock-based compensation	0	0	0
Legal reserves, occupancy tax and other	0	0	0
Restructuring and related reorganization charges		0	0
Realized (gain) loss on revenue hedges	2	17	(58)
Operating income (loss)	1,617	1,277	(285)
B2B
Segment Reporting Information [Line Items]
Revenue	2,546	1,460	942
Impairment of goodwill		(14)
B2B \| Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	0	0	0
B2B \| Reportable Segments
Segment Reporting Information [Line Items]
Revenue	2,546	1,460	942
Adjusted EBITDA	599	110	(190)
Depreciation	(85)	(102)	(128)
Amortization of intangible assets	0	0	0
Impairment of intangible assets	0
Impairment of goodwill		0	0
Intangible and other long-term asset impairment		0	0
Stock-based compensation	0	0	0
Legal reserves, occupancy tax and other	0	0	0
Restructuring and related reorganization charges		0	0
Realized (gain) loss on revenue hedges	4	0	(3)
Operating income (loss)	518	8	(321)
trivago
Segment Reporting Information [Line Items]
Revenue	380	317	205
Impairment of goodwill		0
trivago \| Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	181	106	75
trivago \| Reportable Segments
Segment Reporting Information [Line Items]
Revenue	561	423	280
Adjusted EBITDA	113	39	(14)
Depreciation	(8)	(10)	(12)
Amortization of intangible assets	0	0	0
Impairment of intangible assets	0
Impairment of goodwill		0	0
Intangible and other long-term asset impairment		0	0
Stock-based compensation	0	0	0
Legal reserves, occupancy tax and other	0	0	0
Restructuring and related reorganization charges		0	0
Realized (gain) loss on revenue hedges	0	0	0
Operating income (loss)	$ 105	$ 29	$ (26)

Segment Information - Revenue by Services and Geographic Area (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	$ 11,667	$ 8,598	$ 5,199
United States
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	7,939	6,569	3,511
All other countries
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	3,728	2,029	1,688
Lodging
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	8,905	6,449	4,051
Air
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	362	254	105
Advertising and media
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	777	603	405
Other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	1,623	1,292	638
Other \| Bodybuilding.com
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue			59
Sales Channel, Through Intermediary \| Merchant
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	7,762	5,537	3,261
Sales Channel, Through Intermediary \| Agency
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	2,994	2,307	1,267
Sales Channel, Through Intermediary \| Advertising, media and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Revenue	$ 911	$ 754	$ 671

Segment Information - Property Plant and Equipment by Geographic Area (Details) - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment, net	$ 2,210	$ 2,180
United States
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment, net	2,111	2,056
All other countries
Segment Reporting, Asset Reconciling Item [Line Items]
Property and equipment, net	$ 99	$ 124

Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2020
Allowance for expected credit losses
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 65	$ 101	$ 41
Charges to Earnings	20	7	82
Charges to Other Accounts	(3)	(17)	2
Deductions	(42)	(26)	(24)
Balance of End of Period	40	65	101
Other reserves
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	64	58	19
Charges to Earnings	(28)	7	39
Charges to Other Accounts	(4)	(1)	2
Deductions	(3)	0	(2)
Balance of End of Period	$ 29	$ 64	$ 58