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BUSINESS SEGMENTS (Tables)
12 Months Ended
Dec. 31, 2013
Segment Reporting [Abstract]  
Revenues
Revenues
 
($ in millions)
2013
 
2012
 
2011
North American Full-Service Segment
$
6,601

 
$
5,965

 
$
5,450

North American Limited-Service Segment
2,601

 
2,466

 
2,358

International Segment
1,522

 
1,330

 
1,278

Luxury Segment
1,794

 
1,765

 
1,673

Former Timeshare Segment

 

 
1,438

Total segment revenues
12,518

 
11,526

 
12,197

Other unallocated corporate
266

 
288

 
120

 
$
12,784

 
$
11,814

 
$
12,317

Net Income
Net Income
 
($ in millions)
2013
 
2012
 
2011
North American Full-Service Segment
$
451

 
$
407

 
$
351

North American Limited-Service Segment
478

 
472

 
382

International Segment
160

 
192

 
175

Luxury Segment
108

 
102

 
74

Former Timeshare Segment

 

 
(217
)
Total segment financial results
1,197

 
1,173

 
765

Other unallocated corporate
(203
)
 
(204
)
 
(302
)
Interest expense and interest income(1)
(97
)
 
(120
)
 
(107
)
Income taxes
(271
)
 
(278
)
 
(158
)
 
$
626

 
$
571

 
$
198

 
(1) 
The $164 million of interest expense shown on the Income Statement for year-end 2011 includes $43 million that we allocated to our former Timeshare segment.
Equity in Losses of Equity Method Investees
Equity in Losses of Equity Method Investees

($ in millions)
2013
 
2012
 
2011
North American Full-Service Segment
$
4

 
$
2

 
$
1

North American Limited-Service Segment
3

 
2

 
(2
)
International Segment
(6
)
 
(2
)
 
(4
)
Luxury Segment
(4
)
 
(13
)
 
(10
)
Former Timeshare Segment

 

 

Total segment equity in losses
(3
)
 
(11
)
 
(15
)
Other unallocated corporate
(2
)
 
(2
)
 
2

 
$
(5
)
 
$
(13
)
 
$
(13
)
Depreciation and Amortization
Depreciation and Amortization
 
($ in millions)
2013
 
2012
 
2011
North American Full-Service Segment
$
45

 
$
38

 
$
31

North American Limited-Service Segment
21

 
16

 
23

International Segment
31

 
24

 
26

Luxury Segment
23

 
17

 
28

Former Timeshare Segment

 

 
29

Total segment depreciation and amortization
120

 
95

 
137

Other unallocated corporate
7

 
7

 
7

 
$
127

 
$
102

 
$
144

Assets
Assets
($ in millions)
At Year-End 2013
 
At Year-End 2012
North American Full-Service Segment
$
1,662

 
$
1,517

North American Limited-Service Segment
470

 
492

International Segment
1,154

 
1,056

Luxury Segment
1,440

 
1,174

Total segment assets
4,726

 
4,239

Other unallocated corporate
2,068

 
2,103

 
$
6,794

 
$
6,342

Equity Method Investments
Equity Method Investments
($ in millions)
At Year-End 2013
 
At Year-End 2012
North American Full-Service Segment
$
13

 
$
13

North American Limited-Service Segment
44

 
44

International Segment
113

 
100

Luxury Segment
29

 
29

Total segment equity method investments
199

 
186

Other unallocated corporate
8

 
9

 
$
207

 
$
195

Goodwill
Goodwill
($ in millions)
North American
Full-Service
Segment
 
North American
Limited-Service
Segment
 
International
Segment
 
Luxury
Segment
 
Total
Goodwill
Year-end 2011 balance:
 
 
 
 
 
 
 
 
 
Goodwill
$
335

 
$
126

 
$
298

 
$
170

 
$
929

Accumulated impairment losses

 
(54
)
 

 

 
(54
)
 
$
335

 
$
72

 
$
298

 
$
170

 
$
875

Year-end 2012 balance:
 
 
 
 
 
 
 
 
 
Goodwill
$
335

 
$
125

 
$
298

 
$
170

 
$
928

Accumulated impairment losses

 
(54
)
 

 

 
(54
)
 
$
335

 
$
71

 
$
298

 
$
170

 
$
874

Year-end 2013 balance:
 
 
 
 
 
 
 
 
 
Goodwill
$
335

 
$
125

 
$
298

 
$
170

 
$
928

Accumulated impairment losses

 
(54
)
 

 

 
(54
)
 
$
335

 
$
71

 
$
298

 
$
170

 
$
874

Capital Expenditures
Capital Expenditures
($ in millions)
2013
 
2012
 
2011
North American Full-Service Segment
$
128

 
$
9

 
$
8

North American Limited-Service Segment
8

 
19

 
11

International Segment
37

 
38

 
52

Luxury Segment
181

 
306

 
40

Former Timeshare Segment

 

 
13

Total segment capital expenditures
354

 
372

 
124

Other unallocated corporate
50

 
65

 
59

 
$
404

 
$
437

 
$
183