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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 28, 2012
Dec. 30, 2011
REVENUES      
Base management fees (1) $ 621 [1] $ 581 [1] $ 602 [1]
Franchise fees (1) 666 [1] 607 [1] 506 [1]
Incentive management fees (1) 256 [1] 232 [1] 195 [1]
Owned, leased, corporate housing, and other revenue (1) 950 [1] 989 [1] 1,083 [1]
Timeshare sales and services 0 0 1,088
Cost reimbursements (1) 10,291 [1] 9,405 [1] 8,843 [1]
Revenues 12,784 11,814 12,317
OPERATING COSTS AND EXPENSES      
Owned, leased, and corporate housing-direct 779 824 943
Timeshare-direct 0 0 929
Timeshare strategy-impairment charges 0 0 324
Reimbursed costs (1) 10,291 [1] 9,405 [1] 8,843 [1]
General, administrative, and other (1) 726 [1] 645 [1] 752 [1]
Costs and Expenses, Total 11,796 10,874 11,791
OPERATING INCOME 988 940 526
Gains (losses) and other income (1) 11 [1] 42 [1] (7) [1]
Interest expense (1) (120) [1] (137) [1] (164) [1]
Interest income (1) 23 [1] 17 [1] 14 [1]
Equity in losses (1) (5) [1] (13) [1] (13) [1]
INCOME BEFORE INCOME TAXES 897 849 356
Provision for income taxes (271) (278) (158)
NET INCOME $ 626 $ 571 $ 198
EARNINGS PER SHARE-Basic      
Earnings per share (in USD per share) $ 2.05 $ 1.77 $ 0.56
EARNINGS PER SHARE-Diluted      
Earnings per share (in USD per share) $ 2.00 $ 1.72 $ 0.55
[1] See Footnote No. 18, "Related Party Transactions," to our Consolidated Financial Statements for disclosure of related party amounts.