10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||
BOOKING HOLDINGS INC. | ||
Ticker: BKNG Fiscal Year: 2022 | ||
CONSOLIDATED BALANCE SHEETS | ||
Period Ending Dec 31, 2022 10-K (Filed: Feb 23, 2023) | ||
| (In Millions, except shares in actual) | ||
| As of | As of | |
| Dec 31, 2022 | Dec 31, 2021 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $ 12,221 | 11,127 |
| Short-term investments (Available-for-sale debt securities: Amortized cost of $176 and $25, respectively) | 175 | 25 |
| Accounts receivable, net (Allowance for expected credit losses of $117 and $101, respectively) | 2,229 | 1,358 |
| Prepaid expenses, net (Allowance for expected credit losses of $18 and $29, respectively) | 477 | 404 |
| Other current assets | 696 | 231 |
| Total current assets | 15,798 | 13,145 |
| Property and equipment, net | 669 | 822 |
| Operating lease assets | 645 | 496 |
| Intangible assets, net | 1,829 | 2,057 |
| Goodwill | 2,807 [1] | 2,887 |
| Long-term investments (Includes available-for-sale debt securities: Amortized cost of $576 at December 31, 2022) | 2,789 | 3,175 |
| Other assets, net (Allowance for expected credit losses of $5 and $18, respectively) | 824 | 1,059 |
| Total assets | 25,361 | 23,641 |
| LIABILITIES AND STOCKHOLDERS' EQUITY | ||
| Current liabilities: | ||
| Accounts payable | 2,507 | 1,586 |
| Accrued expenses and other current liabilities | 3,244 | 1,765 |
| Deferred merchant bookings | 2,223 | 906 |
| Short-term debt | 500 | 1,989 |
| Total current liabilities | 8,474 | 6,246 |
| Deferred income taxes | 685 | 905 |
| Operating lease liabilities | 552 | 351 |
| Long-term U.S. transition tax liability | 711 | 825 |
| Other long-term liabilities | 172 | 199 |
| Long-term debt | 11,985 | 8,937 |
| Total liabilities | 22,579 | 17,463 |
| Commitments and contingencies (see Note 16) | ||
| Stockholders' equity: | ||
| Common stock, $0.008 par value, Authorized shares: 1,000,000,000 Issued shares: 63,780,528 and 63,584,444, respectively | 0 | 0 |
| Treasury stock: 25,917,558 and 22,518,391 shares, respectively | (30,983) | (24,290) |
| Additional paid-in capital | 6,491 | 6,159 |
| Retained earnings | 27,541 | 24,453 |
| Accumulated other comprehensive loss | (267) | (144) |
| Total stockholders' equity | 2,782 | 6,178 |
| Total liabilities and stockholders' equity | 25,361 | 23,641 |
| [1] The balance of goodwill as of December 31, 2022 and 2021 is stated net of cumulative impairment charges of $2.0 billion. | ||
| External Links | |
| BOOKING HOLDINGS INC. (BKNG) Fiscal Year 2022 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |