|
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified
|
Mar. 31, 2015
|
Dec. 31, 2014
|
| Current assets |
|
|
| Cash and equivalents |
$ 120 |
$ 104 |
| Accounts and notes receivable, net |
1,172 |
1,100 |
| Current deferred taxes, net |
311 |
311 |
| Prepaid expenses |
64 |
64 |
| Other |
116 |
109 |
| Assets held for sale |
45 |
233 |
| Assets, Current, Total |
1,828 |
1,921 |
| Property and equipment, net |
1,446 |
1,460 |
| Intangible assets |
|
|
| Contract acquisition costs and other |
1,395 |
1,351 |
| Goodwill |
894 |
894 |
| Goodwill And Intangible Assets, Net, Total |
2,289 |
2,245 |
| Equity and cost method investments |
217 |
224 |
| Notes receivable, net |
154 |
215 |
| Deferred taxes, net |
469 |
530 |
| Other noncurrent assets |
400 |
270 |
| Total Assets |
6,803 |
6,865 |
| Current liabilities |
|
|
| Current portion of long-term debt |
325 |
324 |
| Accounts payable |
604 |
605 |
| Accrued payroll and benefits |
759 |
799 |
| Liability for guest loyalty programs |
675 |
677 |
| Accrued expenses and other |
667 |
655 |
| Liabilities, Current, Total |
3,030 |
3,060 |
| Long-term debt |
3,703 |
3,457 |
| Liability for guest loyalty programs |
1,706 |
1,657 |
| Other noncurrent liabilities |
901 |
891 |
| Shareholders’ deficit |
|
|
| Class A Common Stock |
5 |
5 |
| Additional paid-in-capital |
2,740 |
2,802 |
| Retained earnings |
4,401 |
4,286 |
| Treasury stock, at cost |
(9,593) |
(9,223) |
| Accumulated other comprehensive loss |
(90) |
(70) |
| Stockholders' Deficit Attributable to Parent |
(2,537) |
(2,200) |
| Liabilities and Deficit, Total |
$ 6,803 |
$ 6,865 |