Annual report pursuant to Section 13 and 15(d)

Discontinued Operations (Tables)

v2.4.1.9
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2014
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of assets and liabilities included in the discontinued operations

Certain combined financial information for TripAdvisor Holdings, which is included in the discontinued operations line items of the consolidated Liberty balance sheets as of December 31, 2013, is as follows (amounts in millions):

 

 

 

 

 

 

 

 

 

December 31, 2013

 

Current assets

 

$

653 

 

Investments in available-for-sale securities and other cost investments

 

$

188 

 

Property & equipment, net

 

$

39 

 

Goodwill

 

$

3,460 

 

Trademarks

 

$

1,832 

 

Other intangible assets, net

 

$

905 

 

Other assets

 

$

34 

 

Current liabilities

 

$

265 

 

Debt, including current portion

 

$

369 

 

Net deferred tax liability

 

$

836 

 

 

Schedule of certain combined fiancial information included in earnings (loss) from discontinued operations

Certain combined financial information for TripAdvisor Holdings, which is included in earnings (loss) from discontinued operations, is as follows (amounts in millions, except per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2014

 

2013

 

2012

 

Revenue

 

$

883 

 

1,033 

 

166 

 

Earnings (loss) before income taxes

 

$

68 

 

(27)

 

1,102 

 

Income tax (expense) benefit

 

$

(20)

 

53 

 

(116)

 

Earnings (loss) attributable to Liberty Interactive Corporation shareholders

 

$

(1)

 

(8)

 

988 

 

 

Schedule of earnings per share impact of discontinued operations

 

 

 

 

 

 

 

 

 

 

 

Years ended December 31,

 

 

 

2014

 

2013

 

2012

 

Basic earnings (loss) from discontinued operations attributable to Liberty shareholders per common share (note 3):

 

 

 

 

 

 

 

 

Series A and Series B Liberty Interactive Corporation common stock

 

$

NA

 

NA

 

0.53 

 

Series A and Series B Liberty Interactive common stock

 

$

(0.03)

 

(0.03)

 

(0.09)

 

Series A and Series B Liberty Ventures common stock

 

$

0.16 

 

0.12 

 

11.26 

 

Diluted earnings (loss) from discontinued operations attributable to Liberty shareholders per common share (note 3):

 

 

 

 

 

 

 

 

Series A and Series B Liberty Interactive Corporation common stock

 

$

NA

 

NA

 

0.52 

 

Series A and Series B Liberty Interactive common stock

 

$

(0.03)

 

(0.03)

 

(0.09)

 

Series A and Series B Liberty Ventures common stock

 

$

0.16 

 

0.12 

 

11.09