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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified
6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
OPERATING ACTIVITIES    
Net income $ 364 $ 315
Adjustments to reconcile to cash provided by operating activities:    
Depreciation, amortization, and other 83 58
Share-based compensation 54 61
Income taxes 57 85
Liability for guest loyalty programs 68 20
Working capital changes (17) 26
Other 60 45
Net cash provided by operating activities 669 610
INVESTING ACTIVITIES    
Capital expenditures (156) (148)
Dispositions 292 0
Loan advances (103) (4)
Loan collections 17 43
Equity and cost method investments (5) (16)
Contract acquisition costs (28) (26)
Acquisition of a business, net of cash acquired (184) 0
Other (16) (68)
Net cash used in investing activities (183) (219)
FINANCING ACTIVITIES    
Commercial paper/Credit Facility, net 250 553
Repayment of long-term debt (3) (403)
Issuance of Class A Common Stock 99 70
Dividends paid (109) (93)
Purchase of treasury stock (657) (498)
Net cash used in financing activities (420) (371)
INCREASE IN CASH AND EQUIVALENTS 66 20
CASH AND EQUIVALENTS, beginning of period 126 88
CASH AND EQUIVALENTS, end of period $ 192 $ 108