10-Q Filing

Global Business Travel Group, Inc. CIK: 1820872 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001104659-22-117126`
Period End Date	20220930
Filing Date	20221110
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	gbtg-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 77 Cash Flow Statement 80 Stockholders Equity 45 Comprehensive Income 33

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$4.00M	USD	Point-in-time
Allowances for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$10.00M	USD	Point-in-time
Preferred shares, par value	`TemporaryEquityParOrStatedValuePerShare`	0.00	EUR	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$312.00M	USD	Point-in-time
Preferred shares, shares authorized	`TemporaryEquitySharesAuthorized`	3.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$516.00M	USD	Point-in-time
Accounts receivable (net of allowances for doubtful accounts of $10 and $4 as of September 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$381.00M	USD	Point-in-time
Accounts receivable (net of allowances for doubtful accounts of $10 and $4 as of September 30, 2022 and December 31, 2021, respectively)	`AccountsReceivableNetCurrent`	$781.00M	USD	Point-in-time
Preferred shares, shares issued	`TemporaryEquitySharesIssued`	1.50M	shares	Point-in-time
Due from affiliates	`DueFromAffiliateCurrent`	$48.00M	USD	Point-in-time
Due from affiliates	`DueFromAffiliateCurrent`	$18.00M	USD	Point-in-time
Preferred shares, shares outstanding	`TemporaryEquitySharesOutstanding`	1.50M	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$137.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$157.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.05B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.30B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$216.00M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$217.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$13.00M	USD	Point-in-time
Equity method investments	`EquityMethodInvestments`	$17.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.36B	USD	Point-in-time
Goodwill	`Goodwill`	$1.15B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$746.00M	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$647.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$59.00M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$53.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$279.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$282.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$45.00M	USD	Point-in-time
Other non-current assets	`OtherAssetsNoncurrent`	$41.00M	USD	Point-in-time
Total assets	`Assets`	$3.77B	USD	Point-in-time
Total assets	`Assets`	$3.70B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$339.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$137.00M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$41.00M	USD	Point-in-time
Due to affiliates	`DueToAffiliateCurrent`	$66.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$519.00M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesAndOtherLiabilitiesCurrent`	$409.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$21.00M	USD	Point-in-time
Current portion of operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$18.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$3.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$3.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$721.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$835.00M	USD	Point-in-time
Long-term debt, net of unamortized debt discount and debt issuance costs	`LongTermDebtNoncurrent`	$1.02B	USD	Point-in-time
Long-term debt, net of unamortized debt discount and debt issuance costs	`LongTermDebtNoncurrent`	$1.22B	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$119.00M	USD	Point-in-time
Deferred tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$11.00M	USD	Point-in-time
Pension liabilities	`PostemploymentBenefitsLiabilityNoncurrent`	$333.00M	USD	Point-in-time
Pension liabilities	`PostemploymentBenefitsLiabilityNoncurrent`	$253.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$61.00M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$53.00M	USD	Point-in-time
Earnouts and warrants derivative liabilities	`EarnoutsAndWarrantsDerivativeLiabilities`	$127.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$34.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$23.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.28B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.53B	USD	Point-in-time
Commitments and Contingencies (see note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (see note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred shares (par value 0.00001; 3,000,000 shares authorized; 1,500,000 shares issued and outstanding as of December 31, 2021)	`TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests`	$160.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$259.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.56B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-148.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.06B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-162.00M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-35.00M	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`	$76.00M	USD	Point-in-time
Equity attributable to noncontrolling interest in subsidiaries	`MinorityInterest`	$1.09B	USD	Point-in-time
Equity attributable to noncontrolling interest in subsidiaries	`MinorityInterest`	$1.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$984.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$861.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$692.00M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.00M	USD	Point-in-time
Total liabilities, preferred shares, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.70B	USD	Point-in-time
Total liabilities, preferred shares, and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$3.77B	USD	Point-in-time

Income Statement 77 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$476.00M	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$197.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$488.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.32B	USD	3 Qtrs
Cost of revenue (excluding depreciation and amortization shown separately below)	`CostOfRevenueExcludingDepreciationAndAmortization`	$304.00M	USD	3 Qtrs
Cost of revenue (excluding depreciation and amortization shown separately below)	`CostOfRevenueExcludingDepreciationAndAmortization`	$589.00M	USD	3 Qtrs
Cost of revenue (excluding depreciation and amortization shown separately below)	`CostOfRevenueExcludingDepreciationAndAmortization`	$127.00M	USD	1 Quarter
Cost of revenue (excluding depreciation and amortization shown separately below)	`CostOfRevenueExcludingDepreciationAndAmortization`	$217.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$81.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$51.00M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$235.00M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$139.00M	USD	3 Qtrs
Technology and content	`CommunicationsAndInformationTechnology`	$179.00M	USD	3 Qtrs
Technology and content	`CommunicationsAndInformationTechnology`	$98.00M	USD	1 Quarter
Technology and content	`CommunicationsAndInformationTechnology`	$283.00M	USD	3 Qtrs
Technology and content	`CommunicationsAndInformationTechnology`	$63.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$122.00M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$42.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$94.00M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$248.00M	USD	3 Qtrs
Restructuring	`RestructuringCharges`	$-2.00M	USD	1 Quarter
Restructuring	`RestructuringCharges`	$-5.00M	USD	3 Qtrs
Restructuring	`RestructuringCharges`	$4.00M	USD	1 Quarter
Restructuring	`RestructuringCharges`	$-5.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$134.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$34.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$104.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$45.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$533.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.48B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$321.00M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$843.00M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-160.00M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-45.00M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-367.00M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-124.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$26.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$37.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$69.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.00M	USD	1 Quarter
Fair value movement on earnouts and warrants derivative liabilities	`FairValueMovementOnEarnoutAndWarrantLiabilities`	$-6.00M	USD	1 Quarter
Fair value movement on earnouts and warrants derivative liabilities	`FairValueMovementOnEarnoutAndWarrantLiabilities`	$30.00M	USD	3 Qtrs
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$-5.00M	USD	1 Quarter
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$5.00M	USD	3 Qtrs
Other (loss) income, net	`OtherNonoperatingIncomeExpense`	$-3.00M	USD	3 Qtrs
Loss before income taxes and share of losses from equity method investments	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-82.00M	USD	1 Quarter
Loss before income taxes and share of losses from equity method investments	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-202.00M	USD	3 Qtrs
Loss before income taxes and share of losses from equity method investments	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-137.00M	USD	1 Quarter
Loss before income taxes and share of losses from equity method investments	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-399.00M	USD	3 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-126.00M	USD	3 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-31.00M	USD	1 Quarter
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-39.00M	USD	3 Qtrs
Benefit from income taxes	`IncomeTaxExpenseBenefit`	$-10.00M	USD	1 Quarter
Share of losses from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-2.00M	USD	3 Qtrs
Share of losses from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-1.00M	USD	1 Quarter
Share of losses from equity method investments	`IncomeLossFromEquityMethodInvestments`	$-3.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-73.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-166.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-55.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-106.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-114.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-275.00M	USD	3 Qtrs
Less: net loss attributable to non-controlling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-53.00M	USD	1 Quarter
Less: net loss attributable to non-controlling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-167.00M	USD	3 Qtrs
Less: net loss attributable to non-controlling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-106.00M	USD	1 Quarter
Less: net loss attributable to non-controlling interests in subsidiaries	`NetIncomeLossAttributableToNoncontrollingInterest`	$-275.00M	USD	3 Qtrs
Net (loss) income attributable to the Company's Class A common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.00M	USD	3 Qtrs
Net (loss) income attributable to the Company's Class A common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-20.00M	USD	1 Quarter
Basic (loss) earnings per share attributable to the Company's Class A common stockholders	`EarningsPerShareBasic`	$0.02	USD	3 Qtrs
Basic (loss) earnings per share attributable to the Company's Class A common stockholders	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
Weighted average number of shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.87M	shares	3 Qtrs
Weighted average number of shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	48.87M	shares	1 Quarter
Diluted loss per share attributable to the Company's Class A common stockholders	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Diluted loss per share attributable to the Company's Class A common stockholders	`EarningsPerShareDiluted`	$-0.38	USD	3 Qtrs
Weighted average number of shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	443.32M	shares	3 Qtrs
Weighted average number of shares outstanding - Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	48.87M	shares	1 Quarter

Cash Flow Statement 80 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-73.00M	USD	1 Quarter
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$312.00M	USD	Point-in-time
Net loss	`ProfitLoss`	$-166.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-55.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-106.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-114.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-275.00M	USD	3 Qtrs
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$516.00M	USD	Point-in-time
Restricted cash (included in other non-current assets)	`RestrictedCashAndCashEquivalents`	$9.00M	USD	Point-in-time
Restricted cash (included in other non-current assets)	`RestrictedCashAndCashEquivalents`	$13.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$325.00M	USD	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$104.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$525.00M	USD	Point-in-time
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$134.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$445.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$593.00M	USD	Point-in-time
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-41.00M	USD	3 Qtrs
Deferred tax benefit	`DeferredIncomeTaxExpenseBenefit`	$-126.00M	USD	3 Qtrs
Equity-based compensation	`ShareBasedCompensation`	$23.00M	USD	3 Qtrs
Equity-based compensation	`ShareBasedCompensation`	$1.00M	USD	3 Qtrs
Fair value movements on earnouts and warrants derivative liabilities	`FairValueMovementOnEarnoutAndWarrantLiabilities`	$-6.00M	USD	1 Quarter
Fair value movements on earnouts and warrants derivative liabilities	`FairValueMovementOnEarnoutAndWarrantLiabilities`	$30.00M	USD	3 Qtrs
Other non-cash	`OtherNoncashIncomeExpense`	$2.00M	USD	3 Qtrs
Other non-cash	`OtherNoncashIncomeExpense`	$-24.00M	USD	3 Qtrs
Pension contributions	`PensionExpenseReversalOfExpenseNoncash`	$-25.00M	USD	3 Qtrs
Pension contributions	`PensionExpenseReversalOfExpenseNoncash`	$-18.00M	USD	3 Qtrs
Proceeds from termination of interest rate swap derivative contract	`ProceedsFromTerminationOfInterestRateSwap`	$23.00M	USD	3 Qtrs
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$62.00M	USD	3 Qtrs
Accounts receivables	`IncreaseDecreaseInAccountsReceivable`	$478.00M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$55.00M	USD	3 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$-52.00M	USD	3 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$31.00M	USD	3 Qtrs
Due from affiliates	`IncreaseDecreaseDueFromAffiliates`	$-4.00M	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$26.00M	USD	3 Qtrs
Due to affiliates	`IncreaseDecreaseInDueToAffiliatesCurrent`	$5.00M	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-26.00M	USD	3 Qtrs
Accounts payable, accrued expenses and other current liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$206.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-343.00M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-390.00M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$73.00M	USD	3 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$28.00M	USD	3 Qtrs
Business acquisition, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$53.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-81.00M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-73.00M	USD	3 Qtrs
Proceeds from reverse recapitalization, net	`ProceedsFromReverseRecapitalizationNet`	$269.00M	USD	3 Qtrs
Proceeds from reverse recapitalization, net	`ProceedsFromReverseRecapitalizationNet`	$-4.00M	USD	3 Qtrs
Redemption of preference shares	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$168.00M	USD	3 Qtrs
Proceeds from issuance of preferred shares	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$150.00M	USD	3 Qtrs
Proceeds from senior secured term loans	`ProceedsFromIssuanceOfLongTermDebt`	$150.00M	USD	3 Qtrs
Proceeds from senior secured term loans	`ProceedsFromIssuanceOfLongTermDebt`	$200.00M	USD	3 Qtrs
Repayment of senior secured term loans	`RepaymentsOfLongTermDebt`	$2.00M	USD	3 Qtrs
Repayment of senior secured term loans	`RepaymentsOfLongTermDebt`	$6.00M	USD	3 Qtrs
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$2.00M	USD	3 Qtrs
Repayment of finance lease obligations	`FinanceLeasePrincipalPayments`	$2.00M	USD	3 Qtrs
Payment of lender fees and issuance costs for senior secured term loans facilities	`PaymentsOfFinancingCosts`	$7.00M	USD	3 Qtrs
Payment of deferred consideration	`PaymentsOfDeferredCompensation`	$4.00M	USD	3 Qtrs
Capital distributions to stockholders	`PaymentsOfCapitalDistribution`	$1.00M	USD	3 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$280.00M	USD	3 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$293.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.00M	USD	3 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-30.00M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-148.00M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-200.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$325.00M	USD	Point-in-time
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`	$445.00M	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, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$325.00M	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`	$445.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$593.00M	USD	Point-in-time
Cash received for income taxes (net of payments)	`IncomeTaxesPaidNet`	$-1.00M	USD	3 Qtrs
Cash paid for interest (net of interest received)	`InterestPaidNet`	$35.00M	USD	3 Qtrs
Cash paid for interest (net of interest received)	`InterestPaidNet`	$66.00M	USD	3 Qtrs
Dividend accrued on preferred shares	`DividendsPayableCurrentAndNoncurrent`	$5.00M	USD	Point-in-time
Dividend accrued on preferred shares	`DividendsPayableCurrentAndNoncurrent`	$8.00M	USD	Point-in-time
Non-cash additions for operating lease right-of-use assets	`NonCashAdditionsForOperatingLeaseRightOfUseAssets`	$14.00M	USD	3 Qtrs
Non-cash additions for operating lease right-of-use assets	`NonCashAdditionsForOperatingLeaseRightOfUseAssets`	$10.00M	USD	3 Qtrs
Deferred offering costs accrued	`DeferredOfferingCostsAccrued`	$8.00M	USD	3 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$984.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$861.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$692.00M	USD	Point-in-time
Beginning balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.00M	USD	Point-in-time
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
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
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.00M	USD	1 Quarter
Equity-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-115.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-11.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-39.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-73.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-166.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-55.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-106.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-114.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-275.00M	USD	3 Qtrs
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 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`	$984.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$861.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.33B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.27B	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$692.00M	USD	Point-in-time
Ending balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$812.00M	USD	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-73.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-166.00M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-55.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-106.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-91.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-114.00M	USD	1 Quarter
Net loss	`ProfitLoss`	$-275.00M	USD	3 Qtrs
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-13.00M	USD	3 Qtrs
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-145.00M	USD	3 Qtrs
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.00M	USD	1 Quarter
Change in currency translation adjustments, net of tax	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.00M	USD	1 Quarter
Unrealized gains on cash flow hedge, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$18.00M	USD	1 Quarter
Unrealized gains on cash flow hedge, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax`	$31.00M	USD	3 Qtrs
Unrealized gains on cash flow hedge reclassed to interest expense, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$2.00M	USD	3 Qtrs
Unrealized gains on cash flow hedge reclassed to interest expense, net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$2.00M	USD	1 Quarter
Amortization of actuarial loss and prior service cost in net periodic pension cost, net of tax	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax`	$-1.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-115.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-11.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$7.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-13.00M	USD	3 Qtrs
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-39.00M	USD	1 Quarter
Other comprehensive (loss) income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-9.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-288.00M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-281.00M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-117.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-112.00M	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-117.00M	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-288.00M	USD	3 Qtrs
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-87.00M	USD	1 Quarter
Less: Comprehensive loss attributable to non-controlling interests in subsidiaries	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-273.00M	USD	3 Qtrs
Comprehensive loss attributable to the Company's Class A common stockholders	`ComprehensiveIncomeNetOfTax`	$-25.00M	USD	1 Quarter
Comprehensive loss attributable to the Company's Class A common stockholders	`ComprehensiveIncomeNetOfTax`	$-8.00M	USD	3 Qtrs

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