TRIPADVISOR, INC. TRIP Balance Sheet

Tripadvisor, inc. (TRIP)

Balance Sheet / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Dec'10
ASSETS
Current assets:
Cash and cash equivalents (Note 6)
798	319	838	901	771	655	663	666	635	673	750	887	731	612	611	766	653	614	567	583	505	455	491	587	319	351	276	200	211	367	548	478	208	183	93
Short-term marketable securities (Note 7)
-	-	95	65	40	15	-	12	15	35	13	17	15	118	116	87	39	47	119	128	118	108	85	51	142	131	155	196	194	118	-	-	-	-	20
Accounts receivable and contract assets, net of allowance for doubtful accounts of $25 and $25, respectively (Note 2, Note 3)
159	183	218	270	236	212	237	300	281	230	254	252	232	189	221	230	244	180	224	243	229	151	180	185	151	113	111	137	113	81	103	96	98	67	51
Receivable-sale of marketable securities (note 4)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	-	-	-	-	-	-	-	-
Income taxes receivable
26	4	-	-	-	-	-	-	-	30	-	-	-	-	-	-	-	-	-	24	-	-	-	-	12	-	10	18	9	24	-	-	-	-	-
Receivable from Expedia, net (note 15)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33	35	37	23	32	40	33	14	0
Deferred income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	-	5	7	5	5	6	6	6	6	7
Prepaid expenses and other current assets
29	27	30	35	35	33	26	62	52	25	25	24	25	31	18	24	28	24	33	34	42	23	36	32	16	35	13	17	11	10	8	8	8	6	4
Total current assets
1,012	533	1,181	1,271	1,082	915	926	1,040	983	993	1,042	1,180	1,003	950	966	1,107	964	865	943	1,012	894	737	792	855	645	630	647	611	583	632	699	630	355	278	176
Long-term marketable securities (Note 7)
-	-	-	-	-	-	-	2	5	27	6	4	3	16	29	38	17	37	44	35	19	31	38	83	284	188	163	219	190	99	-	-	-	0	-
Property and equipment, net of accumulated depreciation of $338 and $319, respectively
268	270	265	262	257	253	256	258	261	263	266	266	262	260	262	256	252	247	247	247	226	195	161	141	114	82	64	54	46	43	41	38	37	34	30
Operating lease right-of-use assets
67	74	76	75	73	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible assets, net of accumulated amortization of $176 and $173, respectively
101	110	92	102	109	118	129	138	136	142	150	156	161	167	178	169	172	176	186	199	196	214	200	113	50	52	51	52	36	38	39	40	42	44	50
Goodwill (Note 7)
826	840	746	754	754	756	760	763	763	758	756	750	741	736	744	733	737	732	735	743	720	734	728	607	502	502	500	502	469	471	468	467	468	466	460
Deferred income taxes, net
7	7	2	1	20	27	28	21	18	16	58	47	37	42	44	-	-	25	-	-	-	-	-	-	1	-	4	1	0	0	-	-	-	-	-
Non-marketable investments (Note 6)
54	55	-	-	-	12	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term assets
92	95	106	101	100	86	93	82	74	73	70	69	67	67	54	82	72	46	43	41	39	37	37	32	19	19	16	14	13	13	10	10	10	11	4
Total long-term assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	559	556	-	-	-
TOTAL ASSETS
2,427	1,984	2,468	2,566	2,395	2,167	2,192	2,304	2,240	2,272	2,348	2,472	2,274	2,238	2,277	2,385	2,214	2,128	2,198	2,277	2,094	1,948	1,956	1,831	1,615	1,473	1,448	1,455	1,341	1,299	1,259	1,187	914	835	722
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
34	11	16	13	11	15	22	10	7	8	15	7	12	14	11	25	15	10	17	38	26	19	18	27	11	10	11	9	10	12	20	28	23	5	6
Deferred merchant payables
71	159	196	346	263	164	204	354	269	156	203	344	218	128	152	288	179	105	142	242	148	93	115	109	63	30	28	31	-	1	-	-	-	-	-
Deferred revenue (Note 3)
60	62	72	98	101	63	73	104	101	60	65	90	87	64	69	97	93	64	67	88	77	57	60	61	58	44	44	42	35	31	30	26	27	19	12
Payable to Expedia, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18
Credit facility borrowings (Note 7)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	40	-	36	33	31	28	26	24	21	32	29	24	19	26	1
Current portion of debt (Note 7)
-	-	-	-	-	-	-	-	7	-	7	7	7	80	76	1	1	1	1	1	40	78	40	40	40	40	40	40	40	40	35	30	25	20	0
Income taxes payable (Note 10)
-	-	-	-	-	-	-	-	-	-	4	8	6	10	16	11	10	9	-	5	6	20	14	11	9	5	10	12	11	14	14	14	24	17	65
Accrued expenses and other current liabilities (Note 10)
146	203	184	181	155	151	154	163	150	148	128	165	122	127	126	153	134	123	129	148	115	114	134	105	81	86	95	81	55	63	47	45	37	37	38
Total current liabilities
311	435	468	638	530	393	453	631	534	372	422	621	452	423	450	575	432	312	356	522	452	381	417	386	293	243	256	241	174	195	177	169	157	126	142
Long-term debt (Note 8)
700	-	-	-	-	-	-	-	-	230	265	260	210	91	20	91	110	200	287	287	250	259	270	280	290	300	310	320	330	340	350	360	370	380	0
Deferred income taxes, net
16	8	8	12	22	21	20	19	16	14	16	15	13	12	20	18	16	15	42	49	39	29	49	28	15	13	10	8	6	11	13	14	16	16	28
Other long-term liabilities
373	380	344	341	336	282	277	307	300	293	228	222	215	210	207	196	192	189	187	178	174	154	134	111	73	52	42	34	30	25	15	15	16	15	11
Total long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	378	390	402	-	40
Total Liabilities
1,400	823	820	991	888	696	750	957	850	909	931	1,118	890	736	697	880	750	716	872	1,036	915	823	870	805	671	608	619	603	541	572	555	560	559	538	183
Commitments and contingencies (Note 11)
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Redeemable noncontrolling interest (note 14)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	-	-	3	-
Stockholders’ equity: (Note 12)
Preferred stock, $0.001 par value Authorized shares: 100,000,000 Shares issued and outstanding: 0 and 0
-	-	-	-	-	-	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	0	-	-	0	-	0
Additional paid-in capital
1,167	1,150	1,114	1,081	1,046	1,037	1,010	979	946	926	901	873	843	831	808	783	758	741	707	687	692	673	653	633	618	608	590	573	545	531	526	525	305	293	0
Invested capital
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	541
Retained earnings
662	681	1,156	1,106	1,072	1,043	1,035	966	935	926	1,010	985	958	945	944	888	853	826	823	749	691	628	592	538	470	402	381	325	258	196	162	103	50	2	0
Accumulated other comprehensive income (loss)
-80	-63	-75	-65	-64	-62	-56	-51	-34	-42	-47	-57	-70	-77	-59	-62	-54	-63	-59	-50	-59	-31	-14	-	1	-	-1	-4	-4	-0	-0	-2	-1	-2	-1
Treasury stock-common stock, at cost, 18,823,984 and 14,116,534 shares, respectively
722	607	547	547	547	547	547	547	457	447	447	447	347	197	113	104	93	92	145	145	145	145	145	145	145	145	142	42	-	-	-	-	-	-	-
Total Stockholders’ Equity
1,027	1,161	1,648	1,575	1,507	1,471	1,442	1,347	1,390	1,363	1,417	1,354	1,384	1,502	1,580	1,505	1,464	1,412	1,326	1,241	1,179	1,125	1,086	1,026	944	865	828	851	800	726	688	626	354	293	539
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY
2,427	1,984	2,468	2,566	2,395	2,167	2,192	2,304	2,240	2,272	2,348	2,472	2,274	2,238	2,277	2,385	2,214	2,128	2,198	2,277	2,094	1,948	1,956	1,831	1,615	1,473	1,448	1,455	1,341	1,299	1,259	1,187	914	835	722
Preferred stock, par value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares authorized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock, shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock, par value
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares authorized
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares issued
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common stock, shares outstanding
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-