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 STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2022 10-K (Filed: Feb 23, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
| OPERATING ACTIVITIES: | |||
| Net income | $ 3,058 | 1,165 | 59 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 451 | 421 | 458 |
| Provision for expected credit losses and chargebacks | 232 | 109 | 319 |
| Deferred income tax (benefit) expense | (257) | (445) | 213 |
| Net losses (gains) on equity securities | 963 | 569 | (1,713) |
| Stock-based compensation expense and other stock-based payments | 404 | 376 | 255 |
| Operating lease amortization | 156 | 178 | 184 |
| Unrealized foreign currency transaction (gains) losses related to Euro-denominated debt | (46) | (135) | 200 |
| Impairment of goodwill | 0 | 0 | 1,062 |
| Loss on early extinguishment of debt | 0 | 242 | 0 |
| Gain on sale and leaseback transaction | (240) | 0 | 0 |
| Other Noncash Income (Expense) | 38 | 71 | 68 |
| Changes in assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (1,228) | (1,002) | 891 |
| Prepaid expenses and other current assets | (217) | 6 | 161 |
| Deferred merchant bookings and other current liabilities | 3,718 | 1,539 | (2,266) |
| Long-term assets and liabilities | (478) | (274) | 194 |
| Net cash provided by operating activities | 6,554 | 2,820 | 85 |
| INVESTING ACTIVITIES: | |||
| Purchase of investments | (768) | (17) | (74) |
| Proceeds from sale and maturity of investments | 32 | 508 | 2,997 |
| Additions to property and equipment | (368) | (304) | (286) |
| Acquisitions, net of cash acquired | 0 | (1,185) | 0 |
| Proceeds from sale and leaseback transaction | 601 | 0 | 0 |
| Other investing activities | (15) | 0 | 0 |
| Net cash (used in) provided by investing activities | (518) | (998) | 2,637 |
| FINANCING ACTIVITIES: | |||
| Proceeds from the issuance of long-term debt | 3,621 | 2,015 | 4,108 |
| Payments on maturity and redemption of debt | (1,880) | (3,068) | (1,244) |
| Payments for repurchase of common stock | (6,621) | (163) | (1,303) |
| Other financing activities | (17) | (23) | (33) |
| Net cash (used in) provided by financing activities | (4,897) | (1,239) | 1,528 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash and cash equivalents | (40) | (13) | 0 |
| Net increase in cash and cash equivalents and restricted cash and cash equivalents | 1,099 | 570 | 4,250 |
| Total cash and cash equivalents and restricted cash and cash equivalents, beginning of period | 11,152 | 10,582 | |
| Total cash and cash equivalents and restricted cash and cash equivalents, end of period | 12,251 | 11,152 | 10,582 |
| SUPPLEMENTAL CASH FLOW INFORMATION: | |||
| Cash paid during the period for income taxes (see Note 15) | 600 | 735 | 319 |
| Cash paid during the period for interest | 380 | 318 | 278 |
| 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 |