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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
REVENUES        
Base management fees $ 176 $ 166 $ 331 $ 319
Franchise fees 194 177 357 328
Incentive management fees 82 64 153 130
Owned, leased, and other revenue 269 246 503 470
Cost reimbursements 2,763 2,610 5,433 5,158
Revenues 3,484 3,263 6,777 6,405
OPERATING COSTS AND EXPENSES        
Owned, leased, and other-direct 199 181 384 360
Reimbursed costs 2,763 2,610 5,433 5,158
Depreciation, amortization, and other 47 33 83 58
General, administrative, and other 159 160 307 324
Costs and Expenses, Total 3,168 2,984 6,207 5,900
OPERATING INCOME 316 279 570 505
Gains and other income 3 10 3 13
Interest expense (30) (29) (60) (60)
Interest income 4 5 9 8
Equity in losses (8) (2) (6) (2)
INCOME BEFORE INCOME TAXES 285 263 516 464
Provision for income taxes (93) (84) (152) (149)
NET INCOME $ 192 $ 179 $ 364 $ 315
EARNINGS PER SHARE-Basic        
Earnings per share (in USD per share) $ 0.66 $ 0.58 $ 1.24 $ 1.02
EARNINGS PER SHARE-Diluted        
Earnings per share (in USD per share) $ 0.64 $ 0.57 $ 1.21 $ 0.99
CASH DIVIDENDS DECLARED PER SHARE (in USD per share) $ 0.20 $ 0.17 $ 0.37 $ 0.30