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Revenue Recognition (Tables)
6 Months Ended
Jun. 30, 2021
Revenue From Contract With Customer [Abstract]  
Reconciliation of Disaggregated Revenue to Segment Revenue A reconciliation of disaggregated revenue to segment revenue is also included below. Other consists of a combination of business units, and does not constitute a reportable segment.

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Major products/revenue sources (1):

 

(in millions)

 

Hotels, Media & Platform

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Tripadvisor-branded hotels

 

$

131

 

 

$

31

 

 

$

205

 

 

$

168

 

   Tripadvisor-branded display and platform

 

 

25

 

 

 

7

 

 

 

40

 

 

 

39

 

  Total Hotels, Media & Platform

 

 

156

 

 

 

38

 

 

 

245

 

 

 

207

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Experiences & Dining

 

 

68

 

 

 

14

 

 

 

95

 

 

 

97

 

Other

 

 

11

 

 

 

7

 

 

 

18

 

 

 

33

 

  Total Revenue

 

$

235

 

 

$

59

 

 

$

358

 

 

$

337

 

 

(1)

Our revenue is recognized primarily at a point in time for all reported segments.

Summary of Balances of Accounts Receivable and Contract Assets, Net of Allowance for Credit Losses, from Contracts with Customers

The following table provides information about the opening and closing balances of accounts receivable and contract assets, net of allowance for credit losses, from contracts with customers (in millions):

 

 

June 30, 2021

 

 

December 31, 2020

 

Accounts receivable

 

 

114

 

 

 

70

 

Contract assets

 

 

45

 

 

 

13

 

  Total

 

$

159

 

 

$

83