Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2016

	Year ended December 31, 2016
	Hotel		Non-Hotel			Corporate and unallocated			Total
	(in millions)
Revenue	$	1,190	$	290		$	—		$	1,480
Adjusted EBITDA (1)		380		(28	)		—			352
Depreciation							(69	)		(69	)
Amortization of intangible assets							(32	)		(32	)
Stock-based compensation							(85	)		(85	)
Operating income										166
Other expense, net										(15	)
Income before income taxes										151
Provision for income taxes										(31	)
Net income									$	120

	Year ended December 31, 2015
	Hotel		Non-Hotel			Corporate and unallocated			Total
	(in millions)
Revenue	$	1,263	$	229		$	—		$	1,492
Adjusted EBITDA (1)		472		(6	)		—			466
Depreciation							(57	)		(57	)
Amortization of intangible assets							(36	)		(36	)
Stock-based compensation							(72	)		(72	)
Non-cash charitable contribution (2)							(67	)		(67	)
Other non-recurring expenses							(2	)		(2	)
Operating income										232
Other income, net										7
Income before income taxes										239
Provision for income taxes										(41	)
Net income									$	198

	Year ended December 31, 2014
	Hotel		Non-Hotel			Corporate and unallocated			Total
	(in millions)
Revenue	$	1,135	$	111		$	—		$	1,246
Adjusted EBITDA (1)(3)		472		(4	)		—			468
Depreciation							(47	)		(47	)
Amortization of intangible assets							(18	)		(18	)
Stock-based compensation							(63	)		(63	)
Operating income										340
Other expense, net										(18	)
Income before income taxes										322
Provision for income taxes										(96	)
Net income									$	226

(1)	Includes allocated general and administrative expenses in our Hotel segment of $80 million, $85 million and $87 million; and in our Non-Hotel segment of $38 million, $28 million and $18 million for the years ended December 31, 2016, 2015 and 2014, respectively.

(2)

During the fourth quarter of 2015, we incurred an expense in the amount of $67 million to reflect a non-cash contribution to The TripAdvisor Charitable Foundation (the “Foundation”), which was recorded to general and administrative expense in our consolidated statement of operations. TripAdvisor had historically funded 2% of its annual operating income before amortization and stock-based compensation. TripAdvisor’s pledge agreement provided for an immediate satisfaction of all future annual contributions, by paying an amount equal to eight multiplied by TripAdvisor’s prior year contribution to the Foundation. TripAdvisor exercised this right under its pledge agreement in December 2015. We settled this obligation in treasury shares based on the fair value of our common stock on the date the treasury shares were issued to the Foundation and therefore given the use of stock to settle the obligation, the amount has been excluded from Adjusted EBITDA. TripAdvisor does not expect to make any future contributions to the Foundation.

(3)	Hotel segment Adjusted EBITDA includes charitable contributions to the Foundation which were funded in cash of $8 million for the year ended December 31, 2014.

Summary of Total Revenue by Source

The following table presents revenue by source for the periods presented:

	Year ended December 31,
	2016		2015		2014
	(in millions)
TripAdvisor-branded click-based and transaction	$	750	$	837	$	764
TripAdvisor-branded display-based advertising and subscription		282		272		233
Other hotel revenue		158		154		138
Non-hotel revenue		290		229		111
Total revenue	$	1,480	$	1,492	$	1,246

Summary of Revenue by Geographic Area

The following table presents revenue by geographic area, the United States, the United Kingdom and all other countries, based on the geographic location of our websites for the periods presented:

	Year ended December 31,
	2016		2015		2014
	(in millions)
Revenue
United States	$	799	$	739	$	593
United Kingdom		210		215		191
All other countries		471		538		462
Total revenue	$	1,480	$	1,492	$	1,246

Property and Equipment, Net

The following table presents property and equipment, net for the United States and all other countries based on the geographic location of the assets for the periods presented:

	December 31,
	2016		2015
	(in millions)
Property and equipment, net
United States	$	222	$	217
All other countries		38		30
Total	$	260	$	247