Item 6. Selected Financial Data

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Item 6. Selected Financial Data

We have derived the following selected financial data presented below from the consolidated financial statements and related notes. The information set forth below is not necessarily indicative of future results and should be read in conjunction with the consolidated financial statements and related notes and Part II, Item 7, Management’s Discussion and Analysis of Financial Condition and Results of Operations.

SELECTED FINANCIAL DATA



	Year Ended December 31,
	2019			2018			2017			2016			2015
	(in millions, except for share and per share data)
Consolidated Statements of Operations Data:
Revenue	$	12,067		$	11,223		$	10,060		$	8,774		$	6,672
Operating income	903			714			625			462			414
Net income attributable to Expedia Group, Inc.(1)	565			406			378			282			764
Earnings per share attributable to Expedia Group, Inc. available to common stockholders:
Basic	$	3.84		$	2.71		$	2.49		$	1.87		$	5.87
Diluted	3.77			2.65			2.42			1.82			5.70
Shares used in computing earnings per share (000's):
Basic	147,194			149,961			151,619			150,367			130,159
Diluted	149,884			152,889			156,385			154,517			134,018
Dividends declared per common share	$	1.32		$	1.24		$	1.16		$	1.00		$	0.84
	December 31,
	2019			2018			2017			2016			2015
Consolidated Balance Sheet Data:
Working deficit	$	(2,979	)	$	(2,863	)	$	(2,339	)	$	(2,677	)	$	(2,950	)
Total assets	21,416			18,033			18,516			15,778			15,486
Senior notes debt(2)	4,938			3,717			4,249			3,159			3,183
Non-redeemable non-controlling interest(3)	1,569			1,547			1,606			1,561			65
Total stockholders’ equity	5,536			5,651			6,129			5,693			4,930


(1)	On May 22, 2015, we completed the sale of our 62.4% ownership stake in eLong, Inc. We recognized an after tax gain of $395 million (or $509 million pre-tax gain) during 2015.


(2)	Includes current and long-term portion of senior notes.


(3)	On December 16, 2016, our majority-owned subsidiary, trivago, completed its IPO. In conjunction with the IPO, Expedia Group and trivago's founders entered into an Amended and Restated Shareholders' Agreement under which the original put/call rights were no longer effective and, as such, we reclassified the redeemable non-controlling interest into non-redeemable non-controlling interest on the consolidated balance sheet.

(3)

On December 16, 2016, our majority-owned subsidiary, trivago, completed its IPO. In conjunction with the IPO, Expedia Group and trivago's founders entered into an Amended and Restated Shareholders' Agreement under which the original put/call rights were no longer effective and, as such, we reclassified the redeemable non-controlling interest into non-redeemable non-controlling interest on the consolidated balance sheet.

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