S-4/A Filing

Global Business Travel Group, Inc. CIK: 1820872

Filing Information

Form Type	S-4/A
Accession Number	`0001104659-22-103037`
Period End Date	20220630
Filing Date	20220926
Fiscal Year	N/A
Fiscal Period	N/A
XBRL Instance	gbtg-20220630xs4_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 24 Income Statement 28 Cash Flow Statement 26 Stockholders Equity 37 Comprehensive Income 30

Balance Sheet 24 line items

Line Item	Tag	Value	Unit	Period
Class A common stock subject to possible redemption, issued (in shares)	`TemporaryEquitySharesIssued`	1.50M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$446.00M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$516.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$49.00M	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrent`	$42.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.28B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.05B	USD	Point-in-time
Total assets	`Assets`	$3.85B	USD	Point-in-time
Total assets	`Assets`	$3.77B	USD	Point-in-time
Temporary Equity, Shares Outstanding	`TemporaryEquitySharesOutstanding`	1.50M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$777.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$721.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.58B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$244.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.56B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.06B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-128.00M	USD	Point-in-time
Total equity of the Company's stockholders	`StockholdersEquity`	$1.33B	USD	Point-in-time
Total equity of the Company's stockholders	`StockholdersEquity`	$86.00M	USD	Point-in-time
Total liabilities, preferred shares, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.85B	USD	Point-in-time
Total liabilities, preferred shares, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.77B	USD	Point-in-time

Income Statement 28 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$836.00M	USD	2 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$486.00M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$153.00M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$279.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$154.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$89.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$80.00M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$41.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$951.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$267.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$522.00M	USD	2 Qtrs
Total operating expenses	`OperatingExpenses`	$505.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$43.00M	USD	2 Qtrs
Interest expense	`InterestExpense`	$24.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.00M	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$13.00M	USD	2 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$13.00M	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSES)	`OtherNonoperatingIncomeExpense`	$2.00M	USD	1 Quarter
TOTAL OTHER INCOME (EXPENSES)	`OtherNonoperatingIncomeExpense`	$5.00M	USD	2 Qtrs
TOTAL OTHER INCOME (EXPENSES)	`OtherNonoperatingIncomeExpense`	$2.00M	USD	2 Qtrs
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.87M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.87M	shares	2 Qtrs
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	444.32M	shares	1 Quarter
Weighted Average Number of Shares Outstanding, Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	444.32M	shares	2 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	$0.44	USD	2 Qtrs
Earnings Per Share, Basic	`EarningsPerShareBasic`	$0.44	USD	1 Quarter
Earnings Per Share, Diluted	`EarningsPerShareDiluted`	$-0.21	USD	2 Qtrs

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$-114.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-91.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-169.00M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-93.00M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-55.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-2.00M	USD	1 Quarter
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$13.00M	USD	2 Qtrs
Change in fair value of derivative warrant liabilities	`FairValueAdjustmentOfWarrants`	$13.00M	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-53.00M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$114.00M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-236.00M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-309.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-71.00M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-42.00M	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$298.00M	USD	2 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$187.00M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-69.00M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-121.00M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$525.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$593.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$456.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$472.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$525.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$593.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$456.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$472.00M	USD	Point-in-time

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$861.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$984.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Dividend on preferred shares (see note 17)	`DividendsPreferredStock`	$5.00M	USD	1 Quarter
Dividend on preferred shares (see note 17)	`DividendsPreferredStock`	$3.00M	USD	1 Quarter
Dividend on preferred shares (see note 17)	`DividendsPreferredStock`	$2.00M	USD	1 Quarter
Equity-based compensation prior to reverse recapitalization	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRequisiteServicePeriodRecognitionPriorToReverseRecapitalizationValue`	$2.00M	USD	1 Quarter
Additional shares issued to Expedia (See notes 7 and 8)	`StockIssuedDuringPeriodValueNewIssues`	$6.00M	USD	1 Quarter
Net loss prior to reverse recapitalization	`ProfitLossPriorToReverseRecapitalization`	$-30.00M	USD	1 Quarter
Other comprehensive loss, net of tax, prior to reverse recapitalization	`OtherComprehensiveIncomeLossPriorToReverseRecapitalizationNetOfTax`	$-40.00M	USD	1 Quarter
Reverse recapitalization, net (see note 6)	`ReverseRecapitalizationNet`	$-95.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-114.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-91.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-169.00M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-93.00M	USD	2 Qtrs
Net (loss) income	`ProfitLoss`	$-55.00M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-2.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-76.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	1 Quarter
Equity-based compensation after the reverse recapitalization	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRequisiteServicePeriodRecognitionAfterReverseRecapitalizationValue`	$3.00M	USD	1 Quarter
Net income after the reverse recapitalization	`ProfitLossAfterReverseRecapitalization`	$28.00M	USD	1 Quarter
Other comprehensive loss, net of tax, after the reverse recapitalization	`OtherComprehensiveIncomeLossAfterReverseRecapitalizationNetOfTax`	$-29.00M	USD	1 Quarter
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$861.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$984.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time

Comprehensive Income 30 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-114.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-169.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-93.00M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-55.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-2.00M	USD	1 Quarter
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$7.00M	USD	1 Quarter
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-90.00M	USD	2 Qtrs
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-2.00M	USD	2 Qtrs
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-74.00M	USD	1 Quarter
Unrealized gains on cash flow hedge, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$13.00M	USD	2 Qtrs
Unrealized gains on cash flow hedge, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.00M	USD	1 Quarter
Amortization of actuarial loss and prior service cost in net periodic pension cost	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$-1.00M	USD	1 Quarter
Amortization of actuarial loss and prior service cost in net periodic pension cost	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$-1.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-2.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-76.00M	USD	2 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-71.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-171.00M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-169.00M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-48.00M	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-186.00M	USD	2 Qtrs
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-88.00M	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-171.00M	USD	2 Qtrs
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-48.00M	USD	1 Quarter
Comprehensive income attributable to the Company's Class A common stockholders	`ComprehensiveIncomeNetOfTax`	$17.00M	USD	2 Qtrs
Comprehensive income attributable to the Company's Class A common stockholders	`ComprehensiveIncomeNetOfTax`	$17.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.