Expedia (EXPE) 10-Q 2 Nov 23 2023 Q3 Quarterly report Financial data

Cover Page

Cover Page - shares	9 Months Ended
	Sep. 30, 2023	Oct. 20, 2023
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	001-37429
Entity Registrant Name	EXPEDIA GROUP, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	20-2705720
Entity Address, Address Line One	1111 Expedia Group Way W.
Entity Address, City or Town	Seattle
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98119
City Area Code	(206)
Local Phone Number	481-7200
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common stock, $0.0001 par value
Trading Symbol	EXPE
Security Exchange Name	NASDAQ
Amendment Flag	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q3
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001324424
Common stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		133,324,780
Class B Common Stock
Entity Information [Line Items]
Entity Common Stock, Shares Outstanding		5,523,452

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Income Statement [Abstract]
Revenue		$ 3,929,000	$ 3,619,000	$ 9,952,000	$ 9,049,000
Costs and expenses:
Cost of revenue (exclusive of depreciation and amortization shown separately below)	[1]	412,000	455,000	1,233,000	1,245,000
Selling and marketing	[1]	1,856,000	1,669,000	5,300,000	4,724,000
Technology and content	[1]	340,000	310,000	1,001,000	864,000
General and administrative	[1]	194,000	187,000	572,000	562,000
Depreciation and amortization		208,000	199,000	599,000	593,000
Impairment of goodwill		297,000	0	297,000	0
Impairment of intangible assets		15,000	52,000	15,000	81,000
Legal reserves, occupancy tax and other		0	0	6,000	23,000
Operating income		607,000	747,000	929,000	957,000
Other income (expense):
Interest income		56,000	20,000	162,000	33,000
Interest expense		(62,000)	(63,000)	(184,000)	(217,000)
Gain on debt extinguishment, net		0	73,000	0	49,000
Other, net		(157,000)	(87,000)	(60,000)	(467,000)
Total other expense, net		(163,000)	(57,000)	(82,000)	(602,000)
Income before income taxes		444,000	690,000	847,000	355,000
Provision for income taxes		(139,000)	(214,000)	(295,000)	(187,000)
Net income		305,000	476,000	552,000	168,000
Net loss attributable to non-controlling interests		120,000	6,000	113,000	7,000
Net income attributable to Expedia Group, Inc.		$ 425,000	$ 482,000	$ 665,000	$ 175,000
Earnings per share attributable to Expedia Group, Inc. available to common stockholders:
Basic (in dollars per share)		$ 2.98	$ 3.05	$ 4.51	$ 1.11
Diluted (in dollars per share)		$ 2.87	$ 2.98	$ 4.37	$ 1.08
Shares used in computing earnings per share (000's):
Basic (in shares)		142,228	157,628	147,253	157,100
Diluted (in shares)		147,748	161,829	152,172	162,495
[1] (1) Includes stock-based compensation as follows: Cost of revenue $ 3 $ 4 $ 10 $ 10 Selling and marketing 20 18 60 50 Technology and content 35 28 105 82 General and administrative 47 47 139 138

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Cost of revenue
Stock-based compensation	$ 3	$ 4	$ 10	$ 10
Selling and marketing
Stock-based compensation	20	18	60	50
Technology and content
Stock-based compensation	35	28	105	82
General and administrative
Stock-based compensation	$ 47	$ 47	$ 139	$ 138

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions		3 Months Ended		9 Months Ended
		Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income		$ 305	$ 476	$ 552	$ 168
Currency translation adjustments, net of tax	[1]	(39)	(96)	(8)	(212)
Comprehensive income (loss)		266	380	544	(44)
Less: Comprehensive loss attributable to non-controlling interests		(126)	(25)	(115)	(51)
Comprehensive income attributable to Expedia Group, Inc.		$ 392	$ 405	$ 659	$ 7
[1]Currency translation adjustments include tax expense of $1 million and tax benefit $1 million for the three and nine months ended September 30, 2023 and tax expense of $4 million and $13 million for the three and nine months ended September 30, 2022 associated with net investment hedges.

CONSOLIDATED STATEMENTS OF CO_2

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Statement of Comprehensive Income [Abstract]
Currency translation adjustments, tax expense (benefit)	$ 1	$ 4	$ (1)	$ 13

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 5,056	$ 4,096
Restricted cash and cash equivalents	1,436	1,755
Short-term investments	0	48
Accounts receivable, net of allowance of $52 and $40	2,753	2,078
Income taxes receivable	84	40
Prepaid expenses and other current assets	765	774
Total current assets	10,094	8,791
Property and equipment, net	2,354	2,210
Operating lease right-of-use assets	330	363
Long-term investments and other assets	1,155	1,184
Deferred income taxes	595	661
Intangible assets, net	1,149	1,209
Goodwill	6,845	7,143
TOTAL ASSETS	22,522	21,561
Current liabilities:
Accounts payable, merchant	1,887	1,709
Accounts payable, other	1,130	947
Deferred merchant bookings	8,394	7,151
Deferred revenue	167	163
Income taxes payable	108	21
Accrued expenses and other current liabilities	874	787
Total current liabilities	12,560	10,778
Long-term debt	6,250	6,240
Deferred income taxes	34	52
Operating lease liabilities	288	312
Other long-term liabilities	464	451
Commitments and contingencies
Stockholders’ equity:
Common stock	0	0
Additional paid-in capital	15,227	14,795
Treasury stock - Common stock and Class B, at cost; Shares 153,903 and 137,783	(12,550)	(10,869)
Retained earnings (deficit)	(764)	(1,409)
Accumulated other comprehensive income (loss)	(240)	(234)
Total Expedia Group, Inc. stockholders’ equity	1,673	2,283
Non-redeemable non-controlling interests	1,253	1,445
Total stockholders’ equity	2,926	3,728
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	22,522	21,561
Class B Common Stock
Stockholders’ equity:
Common stock	$ 0	$ 0

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Accounts receivable, allowance	$ 52	$ 40
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized shares (in shares)	1,600,000,000	1,600,000,000
Common stock, shares issued (in shares)	280,957,000	278,264,000
Common stock, shares outstanding (in shares)	134,331,000	147,757,000
Treasury stock (in shares)	153,903,000	137,783,000
Class B Common Stock
Common stock, par value (in dollars per share)	$ 0.0001	$ 0.0001
Common stock, authorized shares (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 CHAN

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, 2021			274,660,725	12,799,999
Beginning balance at Dec. 31, 2021	$ 3,552		$ 0	$ 0	$ 14,229	$ (10,262)	$ (1,761)	$ (149)	$ 1,495
Treasury stock, beginning balance (in shares) at Dec. 31, 2021						131,812,764
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	168						175		(7)
Other comprehensive loss, net of taxes	(212)							(168)	(44)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)			2,945,932
Proceeds from exercise of equity instruments and employee stock purchase plans	125				125
Treasury stock activity related to vesting of equity instruments (in shares)						579,424
Treasury stock activity related to vesting of equity instruments	(88)					$ (88)
Common stock repurchases (in shares)						1,524,580
Common stock repurchases	(153)					$ (153)
Other changes in ownership of non-controlling interests	14				13				1
Stock-based compensation expense	307				307
Ending balance (in shares) at Sep. 30, 2022			277,606,657	12,799,999
Ending balance at Sep. 30, 2022	3,713		$ 0	$ 0	14,674	$ (10,503)	(1,586)	(317)	1,445
Treasury stock, ending balance (in shares) at Sep. 30, 2022						133,916,768
Beginning balance (in shares) at Jun. 30, 2022			276,967,093	12,799,999
Beginning balance at Jun. 30, 2022	3,381		$ 0	$ 0	14,549	$ (10,331)	(2,068)	(240)	1,471
Treasury stock, beginning balance (in shares) at Jun. 30, 2022						132,219,690
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	476						482		(6)
Other comprehensive loss, net of taxes	(96)							(77)	(19)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)			639,564
Proceeds from exercise of equity instruments and employee stock purchase plans	11				11
Treasury stock activity related to vesting of equity instruments (in shares)						172,498
Treasury stock activity related to vesting of equity instruments	(19)					$ (19)
Common stock repurchases (in shares)						1,524,580
Common stock repurchases	(153)					$ (153)
Other changes in ownership of non-controlling interests	7				8				(1)
Stock-based compensation expense	106				106
Ending balance (in shares) at Sep. 30, 2022			277,606,657	12,799,999
Ending balance at Sep. 30, 2022	$ 3,713		$ 0	$ 0	14,674	$ (10,503)	(1,586)	(317)	1,445
Treasury stock, ending balance (in shares) at Sep. 30, 2022						133,916,768
Beginning balance (in shares) at Dec. 31, 2022	147,757,000	5,523,000	278,264,235	12,799,999
Beginning balance at Dec. 31, 2022	$ 3,728		$ 0	$ 0	14,795	$ (10,869)	(1,409)	(234)	1,445
Treasury stock, beginning balance (in shares) at Dec. 31, 2022	137,783,000	7,300,000				137,783,429
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	$ 552						665		(113)
Other comprehensive loss, net of taxes	(8)							(6)	(2)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)			2,693,046
Proceeds from exercise of equity instruments and employee stock purchase plans	53				53
Withholding taxes for stock options	(5)				(5)
Treasury stock activity related to vesting of equity instruments (in shares)						722,302
Treasury stock activity related to vesting of equity instruments	$ (75)					$ (75)
Common stock repurchases (in shares)	15,400,000					15,397,402
Common stock repurchases	$ (1,594)					$ (1,594)
Other changes in ownership of non-controlling interests	(70)				7				(77)
Stock-based compensation expense	357				357
Other	$ (12)				20	(12)	(20)
Ending balance (in shares) at Sep. 30, 2023	134,331,000	5,523,000	280,957,281	12,799,999
Ending balance at Sep. 30, 2023	$ 2,926		$ 0	$ 0	15,227	$ (12,550)	(764)	(240)	1,253
Treasury stock, ending balance (in shares) at Sep. 30, 2023	153,903,000	7,300,000				153,903,133
Beginning balance (in shares) at Jun. 30, 2023			280,006,237	12,799,999
Beginning balance at Jun. 30, 2023	$ 3,216		$ 0	$ 0	15,072	$ (11,937)	(1,169)	(207)	1,457
Treasury stock, beginning balance (in shares) at Jun. 30, 2023						148,398,159
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	305						425		(120)
Other comprehensive loss, net of taxes	(39)							(33)	(6)
Proceeds from exercise of equity instruments and employee stock purchase plans (in shares)			951,044
Proceeds from exercise of equity instruments and employee stock purchase plans	13				13
Withholding taxes for stock options	(1)				(1)
Treasury stock activity related to vesting of equity instruments (in shares)						275,050
Treasury stock activity related to vesting of equity instruments	(30)					$ (30)
Common stock repurchases (in shares)						5,229,924
Common stock repurchases	(577)					$ (577)
Other changes in ownership of non-controlling interests	(76)				2				(78)
Stock-based compensation expense	121				121
Other	$ (6)				20	(6)	(20)
Ending balance (in shares) at Sep. 30, 2023	134,331,000	5,523,000	280,957,281	12,799,999
Ending balance at Sep. 30, 2023	$ 2,926		$ 0	$ 0	$ 15,227	$ (12,550)	$ (764)	$ (240)	$ 1,253
Treasury stock, ending balance (in shares) at Sep. 30, 2023	153,903,000	7,300,000				153,903,133

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Operating activities:
Net income	$ 552	$ 168
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment, including internal-use software and website development	555	527
Amortization of intangible assets	44	66
Impairment of goodwill and intangible assets	312	81
Amortization of stock-based compensation	314	280
Deferred income taxes	49	106
Foreign exchange loss on cash, restricted cash and short-term investments, net	32	193
Realized loss on foreign currency forwards, net	35	170
Loss on minority equity investments, net	73	423
Gain on debt extinguishment, net	0	(49)
Other, net	34	(26)
Changes in operating assets and liabilities:
Accounts receivable	(704)	(748)
Prepaid expenses and other assets	43	31
Accounts payable, merchant	178	202
Accounts payable, other, accrued expenses and other liabilities	223	422
Tax payable/receivable, net	(55)	6
Deferred merchant bookings	1,243	1,770
Net cash provided by operating activities	2,928	3,622
Investing activities:
Capital expenditures, including internal-use software and website development	(669)	(485)
Purchases of investments	0	(60)
Sales and maturities of investments	49	200
Proceeds from initial exchange of cross-currency interest rate swaps	0	337
Payments for initial exchange of cross-currency interest rate swaps	0	(337)
Other, net	(15)	(169)
Net cash used in investing activities	(635)	(514)
Financing activities:
Payment of long-term debt	0	(2,141)
Debt extinguishment costs	0	(22)
Purchases of treasury stock	(1,669)	(241)
Proceeds from exercise of equity awards and employee stock purchase plan	53	125
Other, net	17	34
Net cash used in financing activities	(1,599)	(2,245)
Effect of exchange rate changes on cash, cash equivalents and restricted cash and cash equivalents	(53)	(302)
Net increase in cash, cash equivalents and restricted cash and cash equivalents	641	561
Cash, cash equivalents and restricted cash and cash equivalents at beginning of period	5,851	5,805
Cash, cash equivalents and restricted cash and cash equivalents at end of period	6,492	6,366
Supplemental cash flow information
Cash paid for interest	197	254
Income tax payments, net	$ 228	$ 71

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	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 TM . 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. Basis of Presentation These accompanying financial statements present our results of operations, financial position and cash flows on a consolidated basis. The unaudited 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 have prepared the accompanying unaudited consolidated financial statements in accordance with accounting principles generally accepted in the United States (“GAAP”) for interim financial reporting. We have included all adjustments necessary for a fair presentation of the results of the interim period. These adjustments consist of normal recurring items. Our interim unaudited consolidated financial statements are not necessarily indicative of results that may be expected for any other interim period or for the full year. These interim unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and related notes included in our Annual Report on Form 10-K for the year ended December 31, 2022 (“2022 Form 10-K”), previously filed with the Securities and Exchange Commission (“SEC”). 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. Accounting Estimates We use estimates and assumptions in the preparation of our interim unaudited consolidated financial statements in accordance with 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 interim unaudited 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 interim unaudited 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. 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

Summary of Significant Accounti

Summary of Significant Accounting Policies	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Recent Adopted Accounting Policies As of January 1, 2023, we adopted the new guidance related to recognizing and measuring contract assets and contract liabilities from contracts with customers acquired in a business combination. The new guidance requires 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 adoption of this new guidance had no impact on our consolidated financial statements. Significant Accounting Policies Below are the significant accounting policies with interim disclosure requirements. For a comprehensive description of our accounting policies, refer to our 2022 Form 10-K. Revenue 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 $396 million as of September 30, 2023 and $480 million as of December 31, 2022. Deferred Merchant Bookings. We classify cash payments received in advance of our performance obligations as deferred merchant bookings. At December 31, 2022, $6.2 billion of advance cash payments was reported within deferred merchant bookings, $5.2 billion of which was recognized resulting in $856 million of revenue during the nine months ended September 30, 2023. At September 30, 2023, the related balance was $7.5 billion. At December 31, 2022, $961 million of deferred loyalty rewards was reported within deferred merchant bookings, $775 million of which was recognized within revenue during the nine months ended September 30, 2023. At September 30, 2023, the related balance was $897 million. Deferred Revenue. At December 31, 2022, $163 million was recorded as deferred revenue, $114 million of which was recognized as revenue during the nine months ended September 30, 2023. At September 30, 2023, the related balance was $167 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: September 30, December 31, (in millions) Cash and cash equivalents $ 5,056 $ 4,096 Restricted cash and cash equivalents 1,436 1,755 Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows $ 6,492 $ 5,851

Fair Value Measurements

Fair Value Measurements	9 Months Ended
	Sep. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements Financial assets and liabilities measured at fair value on a recurring basis as of September 30, 2023 are classified using the fair value hierarchy in the table below: Total Level 1 Level 2 (In millions) Assets Cash equivalents: Money market funds $ 135 $ 135 $ — Term deposits 221 — 221 Foreign treasury securities 32 32 — Derivatives: Cross-currency interest rate swaps 20 — 20 Investments: Equity investments 495 495 — Total assets $ 903 $ 662 $ 241 Liabilities Derivatives: Foreign currency forward contracts $ 8 $ — $ 8 Financial assets 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 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 September 30, 2023 and December 31, 2022, our cash and cash equivalents consisted primarily of term deposits and money market 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-denom inated operating liabilities. As of September 30, 2023, we were party to outstanding forward contracts hedging our liability exposures with a total net notional value of $4.1 billion. We had a net forward liability of $8 million ($27 million gross forward liability) as of September 30, 2023 recorded in accrued expenses and other current liabilities and a net forward asset of $15 million ($29 million gross forward asset) as of December 31, 2022 recorded in prepaid expenses and other current assets. We recorded $43 million and $60 million in net losses from foreign currency forward contracts during the three months ended September 30, 2023 and 2022, as well as $58 million and $144 million during the nine months ended September 30, 2023 and 2022. 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 $20 million asset as of September 30, 2023 and a $21 million asset as of December 31, 2022, recorded in long-term investments and other assets. The gain recognized in interest expense was $4 million during the nine months ended September 30, 2023 and 2022. 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 nine months ended September 30, 2023 and 2022, we recognized a gain of approximately $20 million and a loss of approximately $39 million within other, net in our consolidated statements of operations related to the fair value changes of this equity investment. In addition, as of September 30, 2023, we have an equity investment related to our approxim ately 16% ow nership interest in Global Business Travel Group, Inc. (“GBTG”), a publicly traded company. During the nine months ended September 30, 2023 and 2022, we recognized a loss of approximately $93 million and approximately $384 million within other, net in our consolidated statements of operations related to the fair value changes of this equity investment. In July 2023, GBTG simplified its organizational structure, and we exchanged our previously held GBT JerseyCo Ltd (“GBT”) shares for an equal number of GBTG shares with no change to our ownership interest. Our previous GBT shares were exchangeable on a 1:1 basis for GBTG shares, and as such, we valued our investment based on the GBTG’s share price. As a result of this exchange, as of the third quarter of 2023, we reclassified our investment from Level 2 to a Level 1 asset. 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 the third quarter of 2023, we recognized a goodwill impairment charge of $297 million related to our trivago segment. This impairment charge resulted from trivago’s recent strategic shift which included intensifying its brand marketing investments with an anticipated decrease in profitability. As a result, we concluded that sufficient indicators existed to require us to perform an interim quantitative assessment of goodwill for our trivago segment as of September 30, 2023, in which we compared the fair value of the reporting unit to its carrying value. The fair value estimate for the reporting unit was 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 considered the weakening of operating results, and implied risk premiums based on market prices of our equity and debt as of the assessment date. 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 excess of the reporting unit's carrying value over our estimate of the fair value was recorded as the goodwill impairment charge in the third quarter of 2023. As of September 30, 2023, our trivago segment had no goodwill remaining. Intangible Assets. During the three and nine months ended September 30, 2023, we recognized intangible impairment charges of $15 million related to an indefinite-lived trade name within our trivago segment that resulted from a decrease in the estimated royalty rate. During the three and nine months ended September 30, 2022, we recognized intangible impairment charges of $52 million and $81 million related to an indefinite-lived trade name within our trivago segment that 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. 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.

Debt

Debt	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Debt	Debt The following table sets forth our outstanding debt: September 30, December 31, (In millions) 6.25% senior notes due 2025 $ 1,039 $ 1,036 5.0% senior notes due 2026 747 746 0% convertible senior notes due 2026 992 989 4.625% senior notes due 2027 746 745 3.8% senior notes due 2028 995 995 3.25% senior notes due 2030 1,238 1,237 2.95% senior notes due 2031 493 492 Long-term debt (1) $ 6,250 $ 6,240 _______________ (1) Net of applicable discounts and debt issuance costs. Long-term Debt Additional information about our $1 billion aggregate principal amount of unsecured 0% convertible senior notes due 2026 (the “Convertible Notes”) and our other outstanding senior notes (collectively the “Senior Notes”), s ee Note 7 – Debt of the Notes to Consolidated Financial Statements in our 2022 Form 10-K. All of our outstanding 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 $48 million and $73 million as of September 30, 2023 and December 31, 2022. Estimated Fair Value. The total estimated fair value of our Senior Notes was approximately $4.9 billion as of both September 30, 2023 and December 31, 2022. Additionally, the estimated fair value of the Convertible Notes was $873 million and $871 million as of September 30, 2023 and December 31, 2022. 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 September 30, 2023, Expedia Group maintained a $2.5 billion revolving credit facility that matures in April 2027. As of September 30, 2023 and 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. Outstanding stand-by LOCs issued under the facility were $40 million and $38 million as of September 30, 2023 and December 31, 2022, respectively.

Stockholders_ Equity

Stockholders’ Equity	9 Months Ended
	Sep. 30, 2023
Equity [Abstract]
Stockholders’ Equity	Stockholders’ Equity Treasury Stock As of September 30, 2023, the Company’s treasury stock was comprised of approximately 146.6 million common stock and 7.3 million Class B shares. As of December 31, 2022, the Company’s treasury stock was comprised of approximately 130.5 million shares of common stock and 7.3 million Class B shares. Share Repurchase Programs. In December 2019, the Board of Directors and the Executive Committee of the Board, pursuant to a delegation of authority from the Board, authorized a program to repurchase up to 20 million shares of our common sto ck (the “2019 Share Repurchase Program”). Dur ing the nine months ended September 30, 2023, we repurchased, through open market transactions, 15.4 million shares under the 2019 Share Repurchase Program for a total cost of $1.6 billion, excluding transaction costs and excise tax due under the Inflation Reduction Act of 2022, representing an average repurchase price of $103.48 per share. As of September 30, 2023, 2.7 million shares remain authorized for repurchase under the 2019 Share Repurchase Program. Subsequent to the end of the third quarter of 2023, we repurchased an additional 1.7 million shares for a total cost of $173 million, excluding transaction costs, representing an average purchase price of $98.85 per share. In October 2023, the Executive Committee of the Board of Directors, pursuant to a delegation of authority from the Board, authorized an additional program to repurchase up to $5 billion of our common stock (“2023 Share Repurchase Program”). Our 2019 and 2023 Share Repurchase Programs do not have fixed expiration dates and do not obligate the Company to acquire any specific number of shares. Under the programs, shares may be repurchased in the open market or in privately negotiated transactions. The timing, manner, price and amount of any repurchases will be subject to the discretion of the Company and depend on a variety of factors, including the market price of Expedia Group’s common stock, general market and economic conditions, regulatory requirements and other business considerations. Accumulated Other Comprehensive Income (Loss) The balance of AOCI as of September 30, 2023 and December 31, 2022 was comprised of foreign currency translation adjustments. These translation adjustments include foreign currency transaction gains as of September 30, 2023 of $15 million ($20 million before tax) and $16 million ($21 million before tax) as of December 31, 2022 associated with our cross-currency interest rate swaps as described in Note 3 – Fair Value Measurements. Additionally, translation adjustments include foreign currency transaction losses of $7 million ($10 million before tax) as of both September 30, 2023 and December 31, 2022 associated with previously settled Euro-denominated notes that were designated as net investment hedges. trivago Special Dividend During September 2023, trivago announced the distribution of a one-time extraordinary dividend totaling approximately EUR 184 million (or approximately EUR 0.53 per share) later this year, including intercompany amounts to Expedia Group. Part of this extraordinary dividend in the amount of approximately EUR 168 million is subject to trivago shareholder approval and trivago’s shareholders approved this part of the extraordinary dividend on November 1, 2023. The payment date for the distribution on the common shares is anticipated to be on November 6, 2023, with a record date of November 3, 2023. As of September 30, 2023, we have accrued approximately $78 million related to the payment of dividends to third-parties during the fourth quarter.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table presents our basic and diluted earnings per share: Three months ended Nine months ended 2023 2022 2023 2022 (In millions, except share and per share data) Net income attributable to Expedia Group, Inc. $ 425 $ 482 $ 665 $ 175 Earnings per share attributable to Expedia Group, Inc. available to common stockholders: Basic $ 2.98 $ 3.05 $ 4.51 $ 1.11 Diluted 2.87 2.98 4.37 1.08 Weighted average number of shares outstanding (000's): Basic 142,228 157,628 147,253 157,100 Dilutive effect of: Convertible Notes 3,921 3,921 3,921 3,921 Stock-based awards 1,592 274 991 1,469 Other dilutive securities 7 6 7 5 Diluted 147,748 161,829 152,172 162,495 Basic earnings per share is calculated using our weighted-average outstanding common shares. 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. Diluted earnings per share is calculated using our weighted-average outstanding common shares including the dilutive effect of stock awards and common stock warrants as determined under the treasury stock method and of our Convertible Notes using the if-converted method.

Income Taxes

Income Taxes	9 Months Ended
	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our tax provision for interim periods is determined using an estimate of our annual effective tax rate. We record any changes affecting the estimated annual effective tax rate in the interim period in which the change occurs, including discrete items. For the three months ended September 30, 2023, the effective tax rate was 31.2%, compared to 31.0% for the three months ended September 30, 2022. The increase in the effective tax rate quarter over quarter was due to a nondeductible goodwill impairment and nondeductible mark-to-market adjustments offset by foreign tax credits and discrete adjustments recorded in the third quarter of 2023. For the nine months ended September 30, 2023, the effective tax rate was 34.8%, compared to 52.6% for the nine months ended September 30, 2022. The decrease in the effective tax rate was primarily due to nondeductible mark-to-market adjustments recorded in the prior year period. We are subject to taxation in the United States and foreign jurisdictions. Our income tax filings are regularly examined by federal, state and foreign tax authorities. During the fourth quarter of 2019, the Internal Revenue Service (“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 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 is currently in Appeals. During the third quarter of 2023, the IRS issued final 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 $1.232 billion, which would result in federal tax of approximately $431 million, subject to interest. We do not agree with the position of the IRS and intend to formally file a protest. We are also under examination by the IRS for our 2017 to 2020 tax years. We believe it is reasonably possible that the audit of the 2011 to 2013 tax years will conclude within the next 12 months.

Commitments and Contingencies

Commitments and Contingencies	9 Months Ended
	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies 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 $46 million and $44 million as of September 30, 2023 and December 31, 2022, 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

Segment Information

Segment Information	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Segment Information	Segment Information We have the following reportable segments: B2C (formerly referred to as Retail), B2B, and trivago. Our B2C segment provides a full range of travel and advertising services to our worldwide customers through a variety of consumer brands including: Expedia.com, Hotels.com, Vrbo, Orbitz, Travelocity, Wotif Group, ebookers, CheapTickets, Hotwire.com and CarRentals.com. Our B2B segment is primarily 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. 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 B2C 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 B2C 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. 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 the three and nine months ended September 30, 2023 and 2022. As a significant portion of our property and equipment is not allocated to our operating segments and depreciation is not included in our segment measure, we do not report the assets by segment as it would not be meaningful. We do not regularly provide such information to our chief operating decision makers. Three months ended September 30, 2023 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 2,819 $ 995 $ 115 $ — $ 3,929 Intersegment revenue — — 57 (57) — Revenue $ 2,819 $ 995 $ 172 $ (57) $ 3,929 Adjusted EBITDA $ 1,056 $ 266 $ 18 $ (124) $ 1,216 Depreciation (137) (29) (2) (26) (194) Amortization of intangible assets — — — (14) (14) Impairment of goodwill — — — (297) (297) Impairment of intangible assets — — — (15) (15) Stock-based compensation — — — (105) (105) Realized (gain) loss on revenue hedges 16 — — — 16 Operating income (loss) $ 935 $ 237 $ 16 $ (581) 607 Other expense, net (163) Income before income taxes 444 Provision for income taxes (139) Net income 305 Net loss attributable to non-controlling interests 120 Net income attributable to Expedia Group, Inc. $ 425 Three months ended September 30, 2022 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 2,707 $ 788 $ 124 $ — $ 3,619 Intersegment revenue — — 61 (61) — Revenue $ 2,707 $ 788 $ 185 $ (61) $ 3,619 Adjusted EBITDA $ 943 $ 221 $ 34 $ (119) $ 1,079 Depreciation (126) (22) (2) (26) (176) Amortization of intangible assets — — — (23) (23) Impairment of intangible assets — — — (52) (52) Stock-based compensation — — — (97) (97) Realized (gain) loss on revenue hedges 10 6 — — 16 Operating income (loss) $ 827 $ 205 $ 32 $ (317) 747 Other expense, net (57) Income before income taxes 690 Provision for income taxes (214) Net income 476 Net loss attributable to non-controlling interests 6 Net income attributable to Expedia Group, Inc. $ 482 Nine months ended September 30, 2023 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 7,155 $ 2,524 $ 273 $ — $ 9,952 Intersegment revenue — — 154 (154) — Revenue $ 7,155 $ 2,524 $ 427 $ (154) $ 9,952 Adjusted EBITDA $ 1,857 $ 605 $ 51 $ (365) $ 2,148 Depreciation (393) (81) (4) (77) (555) Amortization of intangible assets — — — (44) (44) Impairment of goodwill — — — (297) (297) Impairment of intangible assets — — — (15) (15) Stock-based compensation — — — (314) (314) Legal reserves, occupancy tax and other — — — (6) (6) Realized (gain) loss on revenue hedges 18 (6) — — 12 Operating income (loss) $ 1,482 $ 518 $ 47 $ (1,118) 929 Other expense, net (82) Income before income taxes 847 Provision for income taxes (295) Net income 552 Net loss attributable to non-controlling interests 113 Net income attributable to Expedia Group, Inc. $ 665 Nine months ended September 30, 2022 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 6,867 $ 1,870 $ 312 $ — $ 9,049 Intersegment revenue — — 143 (143) — Revenue $ 6,867 $ 1,870 $ 455 $ (143) $ 9,049 Adjusted EBITDA $ 1,713 $ 457 $ 92 $ (362) $ 1,900 Depreciation (381) (62) (7) (77) (527) Amortization of intangible assets — — — (66) (66) Impairment of intangible assets — — — (81) (81) Stock-based compensation — — — (280) (280) Legal reserves, occupancy tax and other — — — (23) (23) Realized (gain) loss on revenue hedges 25 9 — — 34 Operating income (loss) $ 1,357 $ 404 $ 85 $ (889) 957 Other expense, net (602) Income before income taxes 355 Provision for income taxes (187) Net income 168 Net loss attributable to non-controlling interests 7 Net income attributable to Expedia Group, Inc. $ 175 Revenue by Business Model and Service Type The following table presents revenue by business model and service type: Three months ended Nine months ended 2023 2022 2023 2022 (in millions) Business Model: Merchant $ 2,739 $ 2,427 $ 6,833 $ 6,037 Agency 918 935 2,408 2,309 Advertising, media and other 272 257 711 703 Total revenue $ 3,929 $ 3,619 $ 9,952 $ 9,049 Service Type: Lodging $ 3,233 $ 2,881 $ 7,960 $ 6,891 Air 100 100 324 269 Advertising and media 240 222 616 601 Other (1) 356 416 1,052 1,288 Total revenue $ 3,929 $ 3,619 $ 9,952 $ 9,049 ____________________________ (1) Other includes car rental, insurance, activities and cruise revenue, among other revenue streams, none of which are individually material.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ 425	$ 482	$ 665	$ 175

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended	9 Months Ended
	Sep. 30, 2023	Sep. 30, 2023
Trading Arrangements, by Individual
Material Terms of Trading Arrangement
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	9 Months Ended
	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation These accompanying financial statements present our results of operations, financial position and cash flows on a consolidated basis. The unaudited 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.
Accounting Estimates	Accounting Estimates We use estimates and assumptions in the preparation of our interim unaudited consolidated financial statements in accordance with 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 interim unaudited 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 interim unaudited 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.
Seasonality	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
Recent Adopted Accounting Policies	Recent Adopted Accounting Policies As of January 1, 2023, we adopted the new guidance related to recognizing and measuring contract assets and contract liabilities from contracts with customers acquired in a business combination. The new guidance requires 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 adoption of this new guidance had no impact on our consolidated financial statements.
Revenue	RevenuePrepaid 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. 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 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.
Accounts Receivable and Allowances	Accounts Receivable and AllowancesAccounts 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.
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. 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.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	9 Months Ended
	Sep. 30, 2023
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: September 30, December 31, (in millions) Cash and cash equivalents $ 5,056 $ 4,096 Restricted cash and cash equivalents 1,436 1,755 Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows $ 6,492 $ 5,851
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: September 30, December 31, (in millions) Cash and cash equivalents $ 5,056 $ 4,096 Restricted cash and cash equivalents 1,436 1,755 Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows $ 6,492 $ 5,851

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	9 Months Ended
	Sep. 30, 2023
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 September 30, 2023 are classified using the fair value hierarchy in the table below: Total Level 1 Level 2 (In millions) Assets Cash equivalents: Money market funds $ 135 $ 135 $ — Term deposits 221 — 221 Foreign treasury securities 32 32 — Derivatives: Cross-currency interest rate swaps 20 — 20 Investments: Equity investments 495 495 — Total assets $ 903 $ 662 $ 241 Liabilities Derivatives: Foreign currency forward contracts $ 8 $ — $ 8 Financial assets 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

Debt (Tables)

Debt (Tables)	9 Months Ended
	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Long Term Debt Outstanding	The following table sets forth our outstanding debt: September 30, December 31, (In millions) 6.25% senior notes due 2025 $ 1,039 $ 1,036 5.0% senior notes due 2026 747 746 0% convertible senior notes due 2026 992 989 4.625% senior notes due 2027 746 745 3.8% senior notes due 2028 995 995 3.25% senior notes due 2030 1,238 1,237 2.95% senior notes due 2031 493 492 Long-term debt (1) $ 6,250 $ 6,240 _______________ (1) Net of applicable discounts and debt issuance costs.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2023
Earnings Per Share [Abstract]
Schedule of Basic and Diluted Earnings Per Share	The following table presents our basic and diluted earnings per share: Three months ended Nine months ended 2023 2022 2023 2022 (In millions, except share and per share data) Net income attributable to Expedia Group, Inc. $ 425 $ 482 $ 665 $ 175 Earnings per share attributable to Expedia Group, Inc. available to common stockholders: Basic $ 2.98 $ 3.05 $ 4.51 $ 1.11 Diluted 2.87 2.98 4.37 1.08 Weighted average number of shares outstanding (000's): Basic 142,228 157,628 147,253 157,100 Dilutive effect of: Convertible Notes 3,921 3,921 3,921 3,921 Stock-based awards 1,592 274 991 1,469 Other dilutive securities 7 6 7 5 Diluted 147,748 161,829 152,172 162,495

Segment Information (Tables)

Segment Information (Tables)	9 Months Ended
	Sep. 30, 2023
Segment Reporting [Abstract]
Schedule of Operating Segment Information	The following tables present our segment information for the three and nine months ended September 30, 2023 and 2022. As a significant portion of our property and equipment is not allocated to our operating segments and depreciation is not included in our segment measure, we do not report the assets by segment as it would not be meaningful. We do not regularly provide such information to our chief operating decision makers. Three months ended September 30, 2023 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 2,819 $ 995 $ 115 $ — $ 3,929 Intersegment revenue — — 57 (57) — Revenue $ 2,819 $ 995 $ 172 $ (57) $ 3,929 Adjusted EBITDA $ 1,056 $ 266 $ 18 $ (124) $ 1,216 Depreciation (137) (29) (2) (26) (194) Amortization of intangible assets — — — (14) (14) Impairment of goodwill — — — (297) (297) Impairment of intangible assets — — — (15) (15) Stock-based compensation — — — (105) (105) Realized (gain) loss on revenue hedges 16 — — — 16 Operating income (loss) $ 935 $ 237 $ 16 $ (581) 607 Other expense, net (163) Income before income taxes 444 Provision for income taxes (139) Net income 305 Net loss attributable to non-controlling interests 120 Net income attributable to Expedia Group, Inc. $ 425 Three months ended September 30, 2022 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 2,707 $ 788 $ 124 $ — $ 3,619 Intersegment revenue — — 61 (61) — Revenue $ 2,707 $ 788 $ 185 $ (61) $ 3,619 Adjusted EBITDA $ 943 $ 221 $ 34 $ (119) $ 1,079 Depreciation (126) (22) (2) (26) (176) Amortization of intangible assets — — — (23) (23) Impairment of intangible assets — — — (52) (52) Stock-based compensation — — — (97) (97) Realized (gain) loss on revenue hedges 10 6 — — 16 Operating income (loss) $ 827 $ 205 $ 32 $ (317) 747 Other expense, net (57) Income before income taxes 690 Provision for income taxes (214) Net income 476 Net loss attributable to non-controlling interests 6 Net income attributable to Expedia Group, Inc. $ 482 Nine months ended September 30, 2023 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 7,155 $ 2,524 $ 273 $ — $ 9,952 Intersegment revenue — — 154 (154) — Revenue $ 7,155 $ 2,524 $ 427 $ (154) $ 9,952 Adjusted EBITDA $ 1,857 $ 605 $ 51 $ (365) $ 2,148 Depreciation (393) (81) (4) (77) (555) Amortization of intangible assets — — — (44) (44) Impairment of goodwill — — — (297) (297) Impairment of intangible assets — — — (15) (15) Stock-based compensation — — — (314) (314) Legal reserves, occupancy tax and other — — — (6) (6) Realized (gain) loss on revenue hedges 18 (6) — — 12 Operating income (loss) $ 1,482 $ 518 $ 47 $ (1,118) 929 Other expense, net (82) Income before income taxes 847 Provision for income taxes (295) Net income 552 Net loss attributable to non-controlling interests 113 Net income attributable to Expedia Group, Inc. $ 665 Nine months ended September 30, 2022 B2C B2B trivago Corporate & Total (In millions) Third-party revenue $ 6,867 $ 1,870 $ 312 $ — $ 9,049 Intersegment revenue — — 143 (143) — Revenue $ 6,867 $ 1,870 $ 455 $ (143) $ 9,049 Adjusted EBITDA $ 1,713 $ 457 $ 92 $ (362) $ 1,900 Depreciation (381) (62) (7) (77) (527) Amortization of intangible assets — — — (66) (66) Impairment of intangible assets — — — (81) (81) Stock-based compensation — — — (280) (280) Legal reserves, occupancy tax and other — — — (23) (23) Realized (gain) loss on revenue hedges 25 9 — — 34 Operating income (loss) $ 1,357 $ 404 $ 85 $ (889) 957 Other expense, net (602) Income before income taxes 355 Provision for income taxes (187) Net income 168 Net loss attributable to non-controlling interests 7 Net income attributable to Expedia Group, Inc. $ 175
Schedule of Revenue by Services	The following table presents revenue by business model and service type: Three months ended Nine months ended 2023 2022 2023 2022 (in millions) Business Model: Merchant $ 2,739 $ 2,427 $ 6,833 $ 6,037 Agency 918 935 2,408 2,309 Advertising, media and other 272 257 711 703 Total revenue $ 3,929 $ 3,619 $ 9,952 $ 9,049 Service Type: Lodging $ 3,233 $ 2,881 $ 7,960 $ 6,891 Air 100 100 324 269 Advertising and media 240 222 616 601 Other (1) 356 416 1,052 1,288 Total revenue $ 3,929 $ 3,619 $ 9,952 $ 9,049 ____________________________

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Revenue Recognition (Details) - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Prepaid merchant bookings	$ 396	$ 480
Deferred merchant bookings	8,394	7,151
Deferred revenue	167	163
Deferred Merchant Bookings
Disaggregation of Revenue [Line Items]
Deferred merchant bookings	7,500	6,200
Deferred merchant bookings recognized during period	5,200
Revenue recognized during period	856
Deferred Loyalty Rewards
Disaggregation of Revenue [Line Items]
Deferred merchant bookings	897	961
Revenue recognized during period	775
Deferred Revenue
Disaggregation of Revenue [Line Items]
Revenue recognized during period	114
Deferred revenue	$ 167	$ 163

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Cash, Cash Equivalents, and Restricted Cash (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021
Accounting Policies [Abstract]
Cash and cash equivalents	$ 5,056	$ 4,096
Restricted cash and cash equivalents	1,436	1,755
Total cash, cash equivalents and restricted cash and cash equivalents in the consolidated statements of cash flows	$ 6,492	$ 5,851	$ 6,366	$ 5,805

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Accounts Receivable and Allowances (Details) $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($)
Accounting Policies [Abstract]
Expense for allowance for expected uncollectible amounts	$ 30
Write-offs	$ 18

Fair Value Measurements - Finan

Fair Value Measurements - Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Recurring Basis - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Investments:
Total assets	$ 903	$ 839
Cross-currency interest rate swaps
Derivatives:
Derivatives	20	21
Foreign currency forward contracts
Derivatives:
Derivatives		15
Derivatives:
Foreign currency forward contracts	8
Money market funds
Cash equivalents:
Cash equivalents	135	3
Term deposits
Cash equivalents:
Cash equivalents	221	188
Investments:
Investments		48
Foreign treasury securities
Cash equivalents:
Cash equivalents	32
Equity investments
Investments:
Investments	495	564
Level 1
Investments:
Total assets	662	52
Level 1 | Cross-currency interest rate swaps
Derivatives:
Derivatives	0	0
Level 1 | Foreign currency forward contracts
Derivatives:
Derivatives		0
Derivatives:
Foreign currency forward contracts	0
Level 1 | Money market funds
Cash equivalents:
Cash equivalents	135	3
Level 1 | Term deposits
Cash equivalents:
Cash equivalents	0	0
Investments:
Investments		0
Level 1 | Foreign treasury securities
Cash equivalents:
Cash equivalents	32
Level 1 | Equity investments
Investments:
Investments	495	49
Level 2
Investments:
Total assets	241	787
Level 2 | Cross-currency interest rate swaps
Derivatives:
Derivatives	20	21
Level 2 | Foreign currency forward contracts
Derivatives:
Derivatives		15
Derivatives:
Foreign currency forward contracts	8
Level 2 | Money market funds
Cash equivalents:
Cash equivalents	0	0
Level 2 | Term deposits
Cash equivalents:
Cash equivalents	221	188
Investments:
Investments		48
Level 2 | Foreign treasury securities
Cash equivalents:
Cash equivalents	0
Level 2 | Equity investments
Investments:
Investments	$ 0	$ 515

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Details) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Dec. 31, 2022 USD ($)	Mar. 02, 2022 EUR (€) instrument
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net losses from foreign currency forward contracts	$ 43,000	$ 60,000	$ 58,000	$ 144,000
(Gain) loss on minority equity investments, net			73,000	423,000
Impairment of goodwill	297,000	0	297,000	0
Carrying value of cost method investments	330,000		330,000		$ 330,000
Cumulative unrealized upward adjustments	2,000		2,000
Cumulative unrealized downward adjustments	105,000		105,000
Nonrecurring Basis
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment losses related to a minority investment	0	0	0	0
trivago
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of goodwill	297,000
Trade Names | trivago
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impairment of indefinite-lived intangible assets	$ 15,000	$ 52,000	$ 15,000	81,000
Global Business Travel Group
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Equity interest maintained			16%
Exchange ratio	1
Despegar.com
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
(Gain) loss on minority equity investments, net			$ (20,000)	39,000
Global Business Travel Group | Equity investments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
(Gain) loss on minority equity investments, net			93,000	384,000
Foreign currency forward contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Notional amount of derivatives	$ 4,100,000		4,100,000
Net forward liability	8,000		8,000
Gross forward liability	27,000		27,000
Net forward asset					15,000
Gross forward asset					29,000
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	$ 20,000		20,000		$ 21,000
Gain on derivative recognized in interest expense			$ 4,000	$ 4,000

Debt - Long Term Debt Outstandi

Debt - Long Term Debt Outstanding (Details) - USD ($) $ in Millions	Sep. 30, 2023	Dec. 31, 2022
Debt Instrument [Line Items]
Long-term debt	$ 6,250	$ 6,240
6.25% senior notes due 2025 | Senior Notes
Debt Instrument [Line Items]
Debt, interest rate	6.25%	6.25%
Long-term debt	$ 1,039	$ 1,036
5.0% senior notes due 2026 | Senior Notes
Debt Instrument [Line Items]
Debt, interest rate	5%	5%
Long-term debt	$ 747	$ 746
0% convertible senior notes due 2026 | Convertible Debt
Debt Instrument [Line Items]
Debt, interest rate	0%	0%
Long-term debt	$ 992	$ 989
4.625% senior notes due 2027 | Senior Notes
Debt Instrument [Line Items]
Debt, interest rate	4.625%	4.625%
Long-term debt	$ 746	$ 745
3.8% senior notes due 2028 | Senior Notes
Debt Instrument [Line Items]
Debt, interest rate	3.80%	3.80%
Long-term debt	$ 995	$ 995
3.25% senior notes due 2030 | Senior Notes
Debt Instrument [Line Items]
Debt, interest rate	3.25%	3.25%
Long-term debt	$ 1,238	$ 1,237
2.95% senior notes due 2031 | Senior Notes
Debt Instrument [Line Items]
Debt, interest rate	2.95%	2.95%
Long-term debt	$ 493	$ 492

Debt - Additional Information (

Debt - Additional Information (Details) - USD ($)	9 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
Convertible Debt | Estimate of Fair Value Measurement
Debt Instrument [Line Items]
Fair value of senior notes	$ 873,000,000	$ 871,000,000
Senior Notes
Debt Instrument [Line Items]
Debt instrument redemption price percentage	101%
Accrued interest related to senior notes	$ 48,000,000	73,000,000
Senior Notes | Estimate of Fair Value Measurement
Debt Instrument [Line Items]
Fair value of senior notes	4,900,000,000	4,900,000,000
Line of Credit
Debt Instrument [Line Items]
Letters of credit issued under the credit facility	40,000,000	38,000,000
Line of Credit | Revolving Credit Facility
Debt Instrument [Line Items]
Credit facility	$ 2,500,000,000
Line of Credit | Revolving Credit Facility | Minimum
Debt Instrument [Line Items]
Debt instrument, interest rate	1%
Commitment fee, percent	0.10%
Line of Credit | Revolving Credit Facility | Minimum | Base Rate
Debt Instrument [Line Items]
Debt instrument, interest rate	0%
Line of Credit | Revolving Credit Facility | Maximum
Debt Instrument [Line Items]
Debt instrument, interest rate	1.75%
Commitment fee, percent	0.25%
Line of Credit | Revolving Credit Facility | Maximum | Base Rate
Debt Instrument [Line Items]
Debt instrument, interest rate	0.75%
Line of Credit | Foreign Credit Facility
Debt Instrument [Line Items]
Credit facility borrowings outstanding	$ 0	$ 0
Line of Credit | Letter of Credit
Debt Instrument [Line Items]
Credit facility	120,000,000
0% convertible senior notes due 2026 | Convertible Debt
Debt Instrument [Line Items]
Senior unsecured notes principal amount	$ 1,000,000,000
Debt, interest rate	0%	0%

Stockholders_ Equity - Treasury

Stockholders’ Equity - Treasury Stock (Details) - USD ($)	1 Months Ended	3 Months Ended		9 Months Ended
	Nov. 02, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022	Oct. 31, 2023	Dec. 31, 2022	Dec. 31, 2019
Equity, Class of Treasury Stock [Line Items]
Treasury stock (in shares)		153,903,000		153,903,000			137,783,000
Authorized share repurchase (up to) (in shares)								20,000,000
Common stock repurchases (in shares)				15,400,000
Treasury stock, value, acquired, cost method		$ 577,000,000	$ 153,000,000	$ 1,594,000,000	$ 153,000,000
Average repurchase price per share (in dollars per share)				$ 103.48
Number of shares authorized and remaining under the repurchase program (in shares)		2,700,000		2,700,000
Subsequent Event
Equity, Class of Treasury Stock [Line Items]
Common stock repurchases (in shares)	1,700,000
Treasury stock, value, acquired, cost method	$ 173,000,000
Average repurchase price per share (in dollars per share)	$ 98.85
Stock Repurchase Program, Authorized Amount						$ 5,000,000,000
Common stock
Equity, Class of Treasury Stock [Line Items]
Treasury stock (in shares)		146,600,000		146,600,000			130,500,000
Class B Common Stock
Equity, Class of Treasury Stock [Line Items]
Treasury stock (in shares)		7,300,000		7,300,000			7,300,000

Stockholders_ Equity - Accumula

Stockholders’ Equity - Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	9 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2022
2.5% senior notes due 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation gains (losses), net of tax	$ (7)	$ (7)
Foreign currency translation gains (losses), before tax	(10)	(10)
Cross-currency interest rate swaps
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation gains (losses), net of tax	15	16
Foreign currency translation gains (losses), before tax	$ 20	$ 21

Stockholders_ Equity - Trivago

Stockholders’ Equity - Trivago Special Dividend (Details) - trivago - Related Party € / shares in Units, € in Millions, $ in Millions	Nov. 06, 2023 EUR (€)	Nov. 01, 2023 EUR (€)	Sep. 30, 2023 € / shares	Sep. 30, 2023 USD ($)
Dividends Payable [Line Items]
Dividends payable, amount per share | € / shares			€ 0.53
Dividends payable | $				$ 78
Forecast
Dividends Payable [Line Items]
Payments of capital distribution	€ 184
Forecast | Subsequent Event
Dividends Payable [Line Items]
Shareholder approval amount		€ 168

Earnings Per Share - Basic and

Earnings Per Share - Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Earnings Per Share [Abstract]
Net income attributable to Expedia Group, Inc.	$ 425	$ 482	$ 665	$ 175
Earnings per share attributable to Expedia Group, Inc. available to common stockholders:
Basic (in dollars per share)	$ 2.98	$ 3.05	$ 4.51	$ 1.11
Diluted (in dollars per share)	$ 2.87	$ 2.98	$ 4.37	$ 1.08
Weighted average number of shares outstanding (000's):
Basic (in shares)	142,228	157,628	147,253	157,100
Dilutive effect of:
Convertible notes (in shares)	3,921	3,921	3,921	3,921
Stock-based awards (in shares)	1,592	274	991	1,469
Other dilutive securities (in shares)	7	6	7	5
Diluted (in shares)	147,748	161,829	152,172	162,495

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Share-based Payment Arrangement
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Outstanding stock awards excluded from calculation of diluted earnings per share (in shares)	5	9	5	9

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Dec. 31, 2019	Sep. 30, 2023	Sep. 30, 2022
Income Tax Examination [Line Items]
Income tax rate	31.20%	31%		34.80%	52.60%
IRS
Income Tax Examination [Line Items]
Possible increase in U.S. taxable income	$ 1,232		$ 696
Possible additional federal tax expense	431		$ 244
Liability adjustment for tax expense	$ 120			$ 120
Payments for legal settlements				113
Tax provision				$ 67

Commitments and Contingencies (

Commitments and Contingencies (Details) - Litigation relating to occupancy tax $ in Millions	9 Months Ended
	Sep. 30, 2023 USD ($) lawsuit	Dec. 31, 2022 USD ($)
Commitment And Contingencies [Line Items]
Number of lawsuits filed	103
Number of lawsuits currently active	8
Number of lawsuits dismissed to date	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	34
Reserve for legal contingencies | $	$ 46	$ 44

Segment Information - Operating

Segment Information - Operating Segment Information (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Revenue	$ 3,929,000	$ 3,619,000	$ 9,952,000	$ 9,049,000
Adjusted EBITDA	1,216,000	1,079,000	2,148,000	1,900,000
Depreciation	(194,000)	(176,000)	(555,000)	(527,000)
Amortization of intangible assets	(14,000)	(23,000)	(44,000)	(66,000)
Impairment of goodwill	(297,000)	0	(297,000)	0
Impairment of intangible assets	(15,000)	(52,000)	(15,000)	(81,000)
Stock-based compensation	(105,000)	(97,000)	(314,000)	(280,000)
Legal reserves, occupancy tax and other	0	0	(6,000)	(23,000)
Realized (gain) loss on revenue hedges	16,000	16,000	12,000	34,000
Operating income (loss)	607,000	747,000	929,000	957,000
Other expense, net	(163,000)	(57,000)	(82,000)	(602,000)
Income before income taxes	444,000	690,000	847,000	355,000
Provision for income taxes	(139,000)	(214,000)	(295,000)	(187,000)
Net income	305,000	476,000	552,000	168,000
Net loss attributable to non-controlling interests	120,000	6,000	113,000	7,000
Net income attributable to Expedia Group, Inc.	425,000	482,000	665,000	175,000
Corporate
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	(57,000)	(61,000)	(154,000)	(143,000)
Corporate & Eliminations
Segment Reporting Information [Line Items]
Revenue	(57,000)	(61,000)	(154,000)	(143,000)
Adjusted EBITDA	(124,000)	(119,000)	(365,000)	(362,000)
Depreciation	(26,000)	(26,000)	(77,000)	(77,000)
Amortization of intangible assets	(14,000)	(23,000)	(44,000)	(66,000)
Impairment of goodwill	(297,000)		(297,000)
Impairment of intangible assets	(15,000)	(52,000)	(15,000)	(81,000)
Stock-based compensation	(105,000)	(97,000)	(314,000)	(280,000)
Legal reserves, occupancy tax and other			(6,000)	(23,000)
Realized (gain) loss on revenue hedges	0	0	0	0
Operating income (loss)	(581,000)	(317,000)	(1,118,000)	(889,000)
B2C
Segment Reporting Information [Line Items]
Revenue	2,819,000	2,707,000	7,155,000	6,867,000
B2C | Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
B2C | Reportable Segments
Segment Reporting Information [Line Items]
Revenue	2,819,000	2,707,000	7,155,000	6,867,000
Adjusted EBITDA	1,056,000	943,000	1,857,000	1,713,000
Depreciation	(137,000)	(126,000)	(393,000)	(381,000)
Amortization of intangible assets	0	0	0	0
Impairment of goodwill	0		0
Impairment of intangible assets	0	0	0	0
Stock-based compensation	0	0	0	0
Legal reserves, occupancy tax and other			0	0
Realized (gain) loss on revenue hedges	16,000	10,000	18,000	25,000
Operating income (loss)	935,000	827,000	1,482,000	1,357,000
B2B
Segment Reporting Information [Line Items]
Revenue	995,000	788,000	2,524,000	1,870,000
B2B | Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	0	0	0	0
B2B | Reportable Segments
Segment Reporting Information [Line Items]
Revenue	995,000	788,000	2,524,000	1,870,000
Adjusted EBITDA	266,000	221,000	605,000	457,000
Depreciation	(29,000)	(22,000)	(81,000)	(62,000)
Amortization of intangible assets	0	0	0	0
Impairment of goodwill	0		0
Impairment of intangible assets	0	0	0	0
Stock-based compensation	0	0	0	0
Legal reserves, occupancy tax and other			0	0
Realized (gain) loss on revenue hedges	0	6,000	(6,000)	9,000
Operating income (loss)	237,000	205,000	518,000	404,000
trivago
Segment Reporting Information [Line Items]
Revenue	115,000	124,000	273,000	312,000
Impairment of goodwill	(297,000)
trivago | Intersegment revenue
Segment Reporting Information [Line Items]
Revenue	57,000	61,000	154,000	143,000
trivago | Reportable Segments
Segment Reporting Information [Line Items]
Revenue	172,000	185,000	427,000	455,000
Adjusted EBITDA	18,000	34,000	51,000	92,000
Depreciation	(2,000)	(2,000)	(4,000)	(7,000)
Amortization of intangible assets	0	0	0	0
Impairment of goodwill	0		0
Impairment of intangible assets	0	0	0	0
Stock-based compensation	0	0	0	0
Legal reserves, occupancy tax and other			0	0
Realized (gain) loss on revenue hedges	0	0	0	0
Operating income (loss)	$ 16,000	$ 32,000	$ 47,000	$ 85,000

Segment Information - Revenue b

Segment Information - Revenue by Business Model and Service Type (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2023	Sep. 30, 2022
Segment Reporting Information [Line Items]
Revenue	$ 3,929	$ 3,619	$ 9,952	$ 9,049
Lodging
Segment Reporting Information [Line Items]
Revenue	3,233	2,881	7,960	6,891
Air
Segment Reporting Information [Line Items]
Revenue	100	100	324	269
Advertising and media
Segment Reporting Information [Line Items]
Revenue	240	222	616	601
Other
Segment Reporting Information [Line Items]
Revenue	356	416	1,052	1,288
Merchant | Sales Channel, Through Intermediary
Segment Reporting Information [Line Items]
Revenue	2,739	2,427	6,833	6,037
Agency | Sales Channel, Through Intermediary
Segment Reporting Information [Line Items]
Revenue	918	935	2,408	2,309
Advertising, media and other | Sales Channel, Through Intermediary
Segment Reporting Information [Line Items]
Revenue	$ 272	$ 257	$ 711	$ 703