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Schedule I - Condensed Financial Information of Parent
 12 Months Ended
Dec. 31, 2023
Condensed Financial Information Disclosure [Abstract]  
Schedule I - Condensed Financial Information of Parent
 December 31,
 20232022
ASSETS
Current assets:
Cash and cash equivalents$1,752 $4,110 
Receivables from subsidiaries106 23 
Other current assets22 17 
Total current assets1,880 4,150 
Loans receivable from subsidiaries1,119 1,116 
Investment in subsidiaries10,294 11,651 
Other assets29 12 
Total assets$13,322 $16,929 
LIABILITIES AND STOCKHOLDERS' (DEFICIT) EQUITY
Current liabilities:
Payables to subsidiaries$19 $10 
Accrued expenses and other current liabilities336 207 
Short-term debt1,961 500 
Total current liabilities2,316 717 
Loans payable to subsidiaries1,404 1,290 
Other long-term liabilities123 155 
Long-term debt12,223 11,985 
Total liabilities16,066 14,147 
Commitments and contingencies
Total stockholders' (deficit) equity(2,744)2,782 
Total liabilities and stockholders' (deficit) equity$13,322 $16,929 
    
See Notes to Condensed Financial Statements.
Booking Holdings Inc.
Schedule I - Condensed Financial Information of Parent (Booking Holdings Inc.)
CONDENSED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
(In millions)
 
Year Ended December 31,
202320222021
Revenues$— $— $— 
Operating expenses299 225 201 
Operating loss(299)(225)(201)
Interest expense(495)(284)(319)
Other income (expense), net— 116 (121)
Equity in earnings (losses) of subsidiaries, net of tax5,074 3,442 1,743 
Income before income taxes4,280 3,049 1,102 
Income tax benefit(9)(9)(63)
Net income$4,289 $3,058 $1,165 
Other comprehensive loss, net of tax:
Foreign currency translation adjustments(63)(111)(57)
Net unrealized gains (losses) on available-for-sale securities7 (12)31 
Total other comprehensive loss, net of tax(56)(123)(26)
Comprehensive income$4,233 $2,935 $1,139 

See Notes to Condensed Financial Statements.
Booking Holdings Inc.
Schedule I - Condensed Financial Information of Parent (Booking Holdings Inc.)
CONDENSED STATEMENTS OF CASH FLOWS
(In millions)

 Year Ended December 31,
 202320222021
OPERATING ACTIVITIES:
Net cash provided by (used in) operating activities$6,464 $3,695 $(250)
INVESTING ACTIVITIES:
Proceeds from internal transfers of subsidiaries— 174 522 
Acquisitions— — (1,296)
Dividends received107 3,087 72 
Other investing activities(128)(102)(88)
Net cash (used in) provided by investing activities(21)3,159 (790)
FINANCING ACTIVITIES:
Proceeds from the issuance of long-term debt1,893 3,621 2,015 
Payments on maturity and redemption of debt(500)(1,880)(3,068)
Payments for repurchase of common stock(10,377)(6,621)(163)
Proceeds from exercise of stock options134 7 5 
Other financing activities49 47 (115)
Net cash used in financing activities(8,801)(4,826)(1,326)
Net (decrease) increase in cash and cash equivalents(2,358)2,028 (2,366)
Total cash and cash equivalents, beginning of period4,110 2,082 4,448 
Total cash and cash equivalents, end of period$1,752 $4,110 $2,082 
    
See Notes to Condensed Financial Statements.
Booking Holdings Inc.
Schedule I - Condensed Financial Information of Parent (Booking Holdings Inc.)
NOTES TO CONDENSED FINANCIAL STATEMENTS

1. BASIS OF PRESENTATION
These condensed parent company-only financial statements of Booking Holdings Inc. (the "Parent"), are prepared on a "parent company-only" basis and have been derived from and should be read in conjunction with the consolidated financial statements and related notes of Booking Holdings Inc. and subsidiaries included in Part IV, Item 15 of this Annual Report on Form 10-K (the "Consolidated Financial Statements"). Under a parent company-only presentation, investments in the parent's subsidiaries are accounted for under the equity method of accounting. Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted.

2. DEBT
See Note 12 to the Consolidated Financial Statements for additional information on the 2023 revolving credit facility and information on the Parent's outstanding debt.

3. DIVIDENDS FROM SUBSIDIARIES
Cash dividends paid to the Parent by the subsidiaries were $7.3 billion, $7.3 billion, and $339 million for the years ended December 31, 2023, 2022, and 2021, respectively, and are classified within "Net cash provided by (used in) operating activities" or "Net cash (used in) provided by investing activities," as appropriate, in the Condensed Statements of Cash Flows.

4. GUARANTEES
The Parent had $389 million and $363 million of guarantees issued on behalf of the Parent's subsidiaries as of December 31, 2023 and 2022, respectively, which are primarily related to arrangements with payment processors and networks.

5. OTHER
In the Condensed Statement of Cash Flows for the year ended December 31, 2021, "Acquisitions" within the investing activities section include a loan of $500 million to a subsidiary in relation to an acquisition.