Booking Holdings Details Debt Structure in Latest 10-K Filing
Ticker: BKNG · Form: 10-K · Filed: 2024-02-22T00:00:00.000Z
Sentiment: neutral
Topics: debt, filing, senior-notes
TL;DR
**Booking Holdings just dropped its 10-K, showing off its debt stack with notes due from 2024 to 2027.**
AI Summary
Booking Holdings Inc. filed its 10-K on February 22, 2024, for the fiscal year ending December 31, 2023. The filing details various senior notes, including 2.375% Senior Notes due September 2024, 0.1% Senior Notes due March 2025, 4.0% Senior Notes due November 2026, and 1.8% Senior Notes due March 2027. The company, formerly Priceline Group Inc., operates in transportation services.
Why It Matters
Understanding Booking Holdings' debt structure provides insight into its financial leverage and future obligations, which can impact its operational flexibility and profitability.
Risk Assessment
Risk Level: medium — The presence of multiple senior notes with varying maturity dates indicates ongoing debt management, which can pose refinancing risks depending on market conditions.
Key Numbers
- 2023-12-31 — Fiscal Year End (The period covered by the 10-K filing.)
- 2024-02-22 — Filing Date (The date the 10-K was filed with the SEC.)
- 2.375% — Interest Rate (Rate for Senior Notes due September 2024.)
- 0.1% — Interest Rate (Rate for Senior Notes due March 2025.)
- 4.0% — Interest Rate (Rate for Senior Notes due November 2026.)
Key Players & Entities
- Booking Holdings Inc. (company) — filer of 10-K
- Priceline Group Inc. (company) — former name of Booking Holdings Inc.
- $2.375 (dollar_amount) — interest rate of Senior Notes due September 2024
- $0.1 (dollar_amount) — interest rate of Senior Notes due March 2025
- $4.0 (dollar_amount) — interest rate of Senior Notes due November 2026
- $1.8 (dollar_amount) — interest rate of Senior Notes due March 2027
FAQ
What is the filing date of Booking Holdings Inc.'s 10-K?
The 10-K for Booking Holdings Inc. was filed on February 22, 2024.
What was the fiscal year end for the reported period?
The reported period for the 10-K ended on December 31, 2023.
What is the interest rate and maturity date of the earliest senior notes mentioned?
The earliest senior notes mentioned are the 2.375% Senior Notes due September 2024.
What was Booking Holdings Inc.'s former company name?
Booking Holdings Inc.'s former company name was Priceline Group Inc., which changed on March 28, 2014.
What is the business address of Booking Holdings Inc.?
The business address of Booking Holdings Inc. is 800 Connecticut Ave, Norwalk, CT 06854.
From the Filing
0001075531-24-000014.txt : 20240222 0001075531-24-000014.hdr.sgml : 20240222 20240222172132 ACCESSION NUMBER: 0001075531-24-000014 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 137 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Booking Holdings Inc. CENTRAL INDEX KEY: 0001075531 STANDARD INDUSTRIAL CLASSIFICATION: TRANSPORTATION SERVICES [4700] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 061528493 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36691 FILM NUMBER: 24666186 BUSINESS ADDRESS: STREET 1: 800 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 BUSINESS PHONE: 203-299-8000 MAIL ADDRESS: STREET 1: 800 CONNECTICUT AVE CITY: NORWALK STATE: CT ZIP: 06854 FORMER COMPANY: FORMER CONFORMED NAME: Priceline Group Inc. DATE OF NAME CHANGE: 20140328 FORMER COMPANY: FORMER CONFORMED NAME: PRICELINE COM INC DATE OF NAME CHANGE: 19981221 10-K 1 bkng-20231231.htm 10-K bkng-20231231 FY ☒ ☐ FALSE 2023 0001075531 P1Y http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#AccruedLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherOperatingIncomeExpenseNet 0001075531 2023-01-01 2023-12-31 0001075531 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001075531 bkng:A2.375SeniorNotesDueSeptember2024MemberMember 2023-01-01 2023-12-31 0001075531 bkng:A01SeniorNotesDueMarch2025Member 2023-01-01 2023-12-31 0001075531 bkng:A40SeniorNotesDueNovember2026Member 2023-01-01 2023-12-31 0001075531 bkng:A1.8SeniorNotesDueMarch2027Member 2023-01-01 2023-12-31 0001075531 bkng:A3.625SeniorNotesDue2028Member 2023-01-01 2023-12-31 0001075531 bkng:A05SeniorNotesDueMarch2028Member 2023-01-01 2023-12-31 0001075531 bkng:A425SeniorNotesDueMay2029Member 2023-01-01 2023-12-31 0001075531 bkng:A45SeniorNotesDueNovember2031Member 2023-01-01 2023-12-31 0001075531 bkng:A4.125SeniorNotesDue2033Member 2023-01-01 2023-12-31 0001075531 bkng:A475SeniorNotesDueNovember2034Member 2023-01-01 2023-12-31 0001075531 2023-06-30 iso4217:USD 0001075531 2024-02-15 xbrli:shares 0001075531 2023-12-31 0001075531 2022-12-31 0001075531 bkng:LongtermInvestmentsMember 2022-12-31 iso4217:USD xbrli:shares 0001075531 bkng:MerchantRevenueMember 2023-01-01 2023-12-31 0001075531 bkng:MerchantRevenueMember 2022-01-01 2022-12-31 0001075531 bkng:MerchantRevenueMember 2021-01-01 2021-12-31 0001075531 bkng:AgencyRevenueMember 2023-01-01 2023-12-31 0001075531 bkng:AgencyRevenueMember 2022-01-01 2022-12-31 0001075531 bkng:AgencyRevenueMember 2021-01-01 2021-12-31 0001075531 bkng:AdvertisingandotherrevenuesMember 2023-01-01 2023-12-31 0001075531 bkng:AdvertisingandotherrevenuesMember 2022-01-01 2022-12-31 0001075531 bkng:AdvertisingandotherrevenuesMember 2021-01-01 2021-12-31 0001075531 2022-01-01 2022-12-31 0001075531 2021-01-01 2021-12-31 0001075531 us-gaap:CommonStockMember 2020-12-31 0001075531 us-gaap:TreasuryStockCommonMember 2020-12-31 0001075531 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001075531 us-gaap:RetainedEarningsMember 2020-12-31 0001075531 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001075531 2020-12-31 0001075531 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001075531 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001075531 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001075531 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001075531 us-gaap:TreasuryStockCommonMember 2021-01-01 2021-12-31 0001075531 us-gaap:CommonStockMember 2021-12-31 0001075531 us-gaap:Trea