2024 Q1 Form 10-K Financial Statement

#000107553124000014 Filed on February 22, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $4.415B $4.784B $21.37B
YoY Change 16.86% 18.15% 25.01%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.796B $4.040B $8.328B
YoY Change -0.55% 43.31% 20.23%
% of Gross Profit
Research & Development $187.0M $655.0M
YoY Change 36.5% 24.52%
% of Gross Profit
Depreciation & Amortization $137.0M $134.0M $504.0M
YoY Change 14.17% 8.06% 11.75%
% of Gross Profit
Operating Expenses $3.624B $4.174B $15.53B
YoY Change 8.89% 41.83% 29.55%
Operating Profit $791.0M $5.835B
YoY Change 75.78% 14.37%
Interest Expense $219.0M -$197.0M $897.0M
YoY Change 12.89% -279.09% 129.41%
% of Operating Profit 27.69% 15.37%
Other Income/Expense, Net $122.0M -$1.000M $543.0M
YoY Change 159.57% -66.67% -168.91%
Pretax Income $937.0M $411.0M $5.481B
YoY Change 209.24% -71.69% 39.71%
Income Tax $161.0M $189.0M $1.192B
% Of Pretax Income 17.18% 45.99% 21.75%
Net Earnings $776.0M $222.0M $4.289B
YoY Change 191.73% -82.02% 40.26%
Net Earnings / Revenue 17.58% 4.64% 20.07%
Basic Earnings Per Share $22.69 $118.70
Diluted Earnings Per Share $22.37 $6.31 $117.40
COMMON SHARES
Basic Shares Outstanding 34.17M shares 34.89M shares 36.14M shares
Diluted Shares Outstanding 34.71M shares 36.53M shares

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $15.99B $12.68B $12.68B
YoY Change 10.29% 2.32% 2.32%
Cash & Equivalents $15.63B $12.11B $12.11B
Short-Term Investments $362.0M $576.0M $576.0M
Other Short-Term Assets $452.0M $454.0M $1.098B
YoY Change 5.12% -34.77% -6.39%
Inventory
Prepaid Expenses $737.0M $644.0M
Receivables $3.296B $3.253B $3.253B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $20.48B $17.03B $17.03B
YoY Change 16.13% 7.82% 7.82%
LONG-TERM ASSETS
Property, Plant & Equipment $805.0M $784.0M $1.489B
YoY Change 15.16% 17.19% 13.32%
Goodwill $2.815B $2.826B
YoY Change -0.04% 0.68%
Intangibles $1.553B $1.613B
YoY Change -12.61% -11.81%
Long-Term Investments $443.0M $440.0M $440.0M
YoY Change -45.04% -84.22% -84.22%
Other Assets $973.0M $940.0M $940.0M
YoY Change 13.93% 14.08% 14.08%
Total Long-Term Assets $7.252B $7.308B $7.308B
YoY Change -4.25% -23.58% -23.58%
TOTAL ASSETS
Total Short-Term Assets $20.48B $17.03B $17.03B
Total Long-Term Assets $7.252B $7.308B $7.308B
Total Assets $27.73B $24.34B $24.34B
YoY Change 10.01% -4.02% -4.02%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.268B $3.480B $3.480B
YoY Change 53.28% 38.81% 38.81%
Accrued Expenses $4.774B $4.635B $4.601B
YoY Change 33.2% 42.88% 42.76%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $3.462B $1.961B $1.995B
YoY Change 305.39% 292.2% 282.92%
Total Short-Term Liabilities $16.83B $13.33B $13.33B
YoY Change 52.05% 57.3% 57.3%
LONG-TERM LIABILITIES
Long-Term Debt $13.44B $12.22B $12.26B
YoY Change 19.22% 1.99% 2.0%
Other Long-Term Liabilities $152.0M $161.0M $1.241B
YoY Change -11.63% -6.4% -11.55%
Total Long-Term Liabilities $13.59B $12.38B $13.50B
YoY Change 18.75% 1.87% 0.58%
TOTAL LIABILITIES
Total Short-Term Liabilities $16.83B $13.33B $13.33B
Total Long-Term Liabilities $13.59B $12.38B $13.50B
Total Liabilities $31.78B $27.09B $27.09B
YoY Change 31.69% 19.96% 19.96%
SHAREHOLDERS EQUITY
Retained Earnings $32.30B $31.83B
YoY Change 16.17% 15.57%
Common Stock $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost) $43.33B $41.43B
YoY Change 30.6% 33.71%
Treasury Stock Shares
Shareholders Equity -$4.052B -$2.744B -$2.744B
YoY Change
Total Liabilities & Shareholders Equity $27.73B $24.34B $24.34B
YoY Change 10.01% -4.02% -4.02%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $776.0M $222.0M $4.289B
YoY Change 191.73% -82.02% 40.26%
Depreciation, Depletion And Amortization $137.0M $134.0M $504.0M
YoY Change 14.17% 8.06% 11.75%
Cash From Operating Activities $2.704B $1.346B $7.344B
YoY Change -6.4% -38.06% 12.05%
INVESTING ACTIVITIES
Capital Expenditures $130.0M $94.00M $345.0M
YoY Change 47.73% 25.33% -6.25%
Acquisitions $0.00
YoY Change
Other Investing Activities $19.00M $55.00M -$3.000M
YoY Change 111.11% -90.6% -120.0%
Cash From Investing Activities $69.00M -$39.00M $1.486B
YoY Change -95.65% -107.65% -386.87%
FINANCING ACTIVITIES
Cash Dividend Paid $299.0M
YoY Change
Common Stock Issuance & Retirement, Net $10.38B
YoY Change 56.73%
Debt Paid & Issued, Net $0.00 $500.0M
YoY Change -100.0% -73.4%
Cash From Financing Activities $784.0M -2.490B -$8.909B
YoY Change -130.6% -619.83% 81.93%
NET CHANGE
Cash From Operating Activities $2.704B 1.346B $7.344B
Cash From Investing Activities $69.00M -39.00M $1.486B
Cash From Financing Activities $784.0M -2.490B -$8.909B
Net Change In Cash $3.529B -1.183B -$116.0M
YoY Change 83.71% -137.41% -110.56%
FREE CASH FLOW
Cash From Operating Activities $2.704B $1.346B $7.344B
Capital Expenditures $130.0M $94.00M $345.0M
Free Cash Flow $2.574B $1.252B $6.999B
YoY Change -8.1% -40.32% 13.14%

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CY2021 us-gaap Income Taxes Paid Net
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CY2023 us-gaap Nature Of Operations
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BUSINESS DESCRIPTION<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Booking Holdings Inc. ("Booking Holdings" or the "Company") seeks to make it easier for everyone to experience the world by providing consumers, travel service providers, and restaurants with leading travel and restaurant online reservation and related services. The Company offers its services through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable, which allow consumers to: book a broad array of accommodations (including hotels, motels, resorts, homes, apartments, bed and breakfasts, hostels, and other alternative and traditional accommodations properties) and a flight to their destinations; make a car rental reservation or arrange for an airport taxi; make a dinner reservation; or book a vacation package, tour, activity, or cruise. Consumers can also use the Company's meta-search services to easily compare travel reservation information, such as flight, hotel, and rental car reservations from hundreds of online travel platforms at once. In addition, the Company offers other services to consumers, travel service providers and restaurants, such as travel-related insurance products and restaurant management services. The Company's portfolio of brands are organized into four operating segments which are aggregated into one reportable segment based on the similarity in economic characteristics, other qualitative factors, and the objectives and principles of Accounting Standards Codification ("ASC") 280, </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Segment Reporting.</span></div>
CY2023 us-gaap Number Of Operating Segments
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CY2023 us-gaap Use Of Estimates
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<div style="margin-bottom:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP") requires management to make estimates and assumptions that affect the amounts reported in the financial statements and footnotes thereto. Actual results may differ significantly from those estimates. The estimates underlying the Company's Consolidated Financial Statements relate to, among other things, the valuation of goodwill and other long-lived tangible and intangible assets, the valuation of investments in private companies, income taxes, contingencies, stock-based compensation, the allowance for expected credit losses (also referred to as provision for bad debts or provision for uncollectible accounts), chargeback provisions, and the accrual of obligations for incentive programs.</span></div>
CY2023 bkng Sharebased Compensation Arrangementby Sharebased Payment Award Equity Instruments Otherthan Options Grant Date Fair Value
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CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
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CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
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CY2023 us-gaap Prior Period Reclassification Adjustment Description
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<div style="margin-bottom:6pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Reclassification</span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In the Consolidated Statements of Operations for the years ended December 31, 2022 and 2021, the Company has reclassified certain indirect taxes, primarily digital services taxes, between "General and administrative" expenses and "Sales and other expenses" to conform to the presentation in the Consolidated Statement of Operations for the year ended December 31, 2023. The current presentation of "Sales and other expenses" reflects the aggregation of costs that are generally more likely to vary based on changes in revenues. These reclassifications did not affect previously reported Revenue, Operating income, Income before income taxes, or Net income in the Consolidated Statements of Operations for the years ended December 31, 2022 and 2021. See Note 21 for additional information on the impact of the reclassification by quarter.</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The following table presents the impact of the reclassifications on the Company's Consolidated Statements of Operations (in millions):</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:71.999%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.619%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:0.530%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.622%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="9" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">Year Ended December 31,</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2022</span></td><td colspan="3" style="border-top:1pt solid #000000;padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%">2021</span></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales and other expenses (Prior presentation)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,818 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">881 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reclassifications</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">168 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">98 </span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Sales and other expenses (New presentation)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">1,986 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">979 </span></td><td style="background-color:#cceeff;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="3" style="background-color:#ffffff;border-top:3pt double #000;padding:0 1pt"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and administrative (Prior presentation)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">934 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">620 </span></td><td style="background-color:#cceeff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Reclassifications</span></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(168)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#ffffff;padding:0 1pt"></td><td colspan="2" style="background-color:#ffffff;padding:2px 0 2px 1pt;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(98)</span></td><td style="background-color:#ffffff;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr><tr><td colspan="3" style="background-color:#cceeff;padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">General and administrative (New presentation)</span></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">766 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td><td colspan="3" style="background-color:#cceeff;padding:0 1pt"></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0 2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">$</span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 0;text-align:right;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">522 </span></td><td style="background-color:#cceeff;border-bottom:3pt double #000;border-top:1pt solid #000;padding:2px 1pt 2px 0;text-align:right;vertical-align:bottom"></td></tr></table></div>
CY2022 bkng Salesandotherexpenses
Salesandotherexpenses
1986000000 usd
CY2021 bkng Salesandotherexpenses
Salesandotherexpenses
979000000 usd
CY2022 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2021 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
522000000 usd
CY2023 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
52000000 usd
CY2022 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
40000000 usd
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
37000000 usd
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
124000000 usd
CY2023Q4 bkng Short Term Investments Cost
ShortTermInvestmentsCost
580000000 usd
CY2023Q4 bkng Short Term Investments Gross Unrealized Gain
ShortTermInvestmentsGrossUnrealizedGain
0 usd
CY2023Q4 bkng Short Term Investments Gross Unrealized Loss
ShortTermInvestmentsGrossUnrealizedLoss
4000000 usd
CY2023Q4 us-gaap Short Term Investments
ShortTermInvestments
576000000 usd
CY2022Q4 bkng Short Term Investments Cost
ShortTermInvestmentsCost
176000000 usd
CY2022Q4 bkng Short Term Investments Gross Unrealized Gain
ShortTermInvestmentsGrossUnrealizedGain
0 usd
CY2022Q4 bkng Short Term Investments Gross Unrealized Loss
ShortTermInvestmentsGrossUnrealizedLoss
1000000 usd
CY2022Q4 us-gaap Short Term Investments
ShortTermInvestments
175000000 usd
CY2022Q4 bkng Longterminvestmentcost
Longterminvestmentcost
1819000000 usd
CY2022Q4 bkng Longterminvestmentgrossunrealizedgain
Longterminvestmentgrossunrealizedgain
1611000000 usd
CY2022Q4 bkng Longterminvestmentgrossunrealizedloss
Longterminvestmentgrossunrealizedloss
641000000 usd
CY2022Q4 us-gaap Long Term Investments
LongTermInvestments
2789000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
669000000 usd
CY2023 us-gaap Depreciation Nonproduction
DepreciationNonproduction
282000000 usd
CY2023 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-106000000 usd
CY2022 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-52000000 usd
CY2021 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
-30000000 usd
CY2023Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1900000000 usd
CY2022Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
1500000000 usd
CY2023Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
1300000000 usd
CY2022Q4 us-gaap Other Receivables Gross Current
OtherReceivablesGrossCurrent
730000000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
117000000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
101000000 usd
CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
166000000 usd
CY2023 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
169000000 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
130000000 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
48000000 usd
CY2023 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
152000000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
110000000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
107000000 usd
CY2023 bkng Accounts Receivable Allowance For Credit Loss Foreign Currency Translation Adjustment Increase Decrease
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslationAdjustmentIncreaseDecrease
3000000 usd
CY2022 bkng Accounts Receivable Allowance For Credit Loss Foreign Currency Translation Adjustment Increase Decrease
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslationAdjustmentIncreaseDecrease
-4000000 usd
CY2021 bkng Accounts Receivable Allowance For Credit Loss Foreign Currency Translation Adjustment Increase Decrease
AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslationAdjustmentIncreaseDecrease
-6000000 usd
CY2023Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
137000000 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
117000000 usd
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
101000000 usd
CY2023Q4 bkng Contract With Customer Asset Prepayments To Customers Allowance For Credit Loss
ContractWithCustomerAssetPrepaymentsToCustomersAllowanceForCreditLoss
17000000 usd
CY2022Q4 bkng Contract With Customer Asset Prepayments To Customers Allowance For Credit Loss
ContractWithCustomerAssetPrepaymentsToCustomersAllowanceForCreditLoss
23000000 usd
CY2022 us-gaap Lease Cost
LeaseCost
209000000 usd
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
36140000 shares
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39872000 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41042000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
228000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
151000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
209000 shares
CY2023 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
162000 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
29000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
111000 shares
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
36530000 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40052000 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41362000 shares
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2003000000 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1993000000 usd
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1219000000 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1324000000 usd
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
784000000 usd
CY2022 us-gaap Depreciation Nonproduction
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227000000 usd
CY2021 us-gaap Depreciation Nonproduction
DepreciationNonproduction
259000000 usd
CY2023Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
705000000 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
645000000 usd
CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
152000000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
125000000 usd
CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
599000000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
552000000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
751000000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
677000000 usd
CY2023Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
70000000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
52000000 usd
CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
34000000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
21000000 usd
CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
34000000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
32000000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
68000000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
53000000 usd
CY2023 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
28000000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
9000000 usd
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
3000000 usd
CY2023 us-gaap Operating Lease Cost
OperatingLeaseCost
180000000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
160000000 usd
CY2021 us-gaap Operating Lease Cost
OperatingLeaseCost
185000000 usd
CY2023 us-gaap Variable Lease Cost
VariableLeaseCost
82000000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
45000000 usd
CY2021 us-gaap Variable Lease Cost
VariableLeaseCost
46000000 usd
CY2023 bkng Other Lease Costs Income Net
OtherLeaseCostsIncomeNet
-4000000 usd
CY2022 bkng Other Lease Costs Income Net
OtherLeaseCostsIncomeNet
-5000000 usd
CY2021 bkng Other Lease Costs Income Net
OtherLeaseCostsIncomeNet
-3000000 usd
CY2023 us-gaap Lease Cost
LeaseCost
286000000 usd
CY2021 us-gaap Lease Cost
LeaseCost
231000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
176000000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
36000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
156000000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
30000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
96000000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
5000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
81000000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
61000000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
320000000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
890000000 usd
CY2023Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
71000000 usd
CY2023Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
139000000 usd
CY2023Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
3000000 usd
CY2023Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
751000000 usd
CY2023Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
68000000 usd
CY2023 us-gaap Operating Lease Payments
OperatingLeasePayments
172000000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
175000000 usd
CY2021 us-gaap Operating Lease Payments
OperatingLeasePayments
186000000 usd
CY2023 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
31000000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
9000000 usd
CY2021 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
2000000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
200000000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
392000000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
162000000 usd
CY2023 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
44000000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
50000000 usd
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
8000000 usd
CY2023Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P8Y8M12D
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y9M18D
CY2023Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.040
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.032
CY2023Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y1M6D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y8M12D
CY2023Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.031
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.020
CY2022 bkng Proceeds From Sale And Leaseback Transaction
ProceedsFromSaleAndLeasebackTransaction
601000000 usd
CY2022 us-gaap Sale Leaseback Transaction Lease Terms
SaleLeasebackTransactionLeaseTerms
16.5 years
CY2022 bkng Sale Leaseback Transaction Number Of Renewal Terms
SaleLeasebackTransactionNumberOfRenewalTerms
5 renewal_terms
CY2022 bkng Sale Leaseback Transaction Renewal Term
SaleLeasebackTransactionRenewalTerm
P5Y
CY2022 bkng Sale Leaseback Transaction Annual Rental Payments Asc842
SaleLeasebackTransactionAnnualRentalPaymentsASC842
26000000 usd
CY2022 us-gaap Sale And Leaseback Transaction Gain Loss Net
SaleAndLeasebackTransactionGainLossNet
240000000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
2807000000 usd
CY2021Q4 us-gaap Goodwill
Goodwill
2887000000 usd
CY2023 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
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