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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2014
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
Equity Method Investments
We have equity method investments in entities that own properties for which we provide management and/or franchise services and receive fees. We also have equity method investments in entities that provide management and/or franchise services to hotels and receive fees. In addition, in some cases we provide loans, preferred equity, or guarantees to these entities. Undistributed earnings attributable to our equity method investments represented approximately $3 million of our consolidated retained earnings at year-end 2014.

The following tables present financial data resulting from transactions with these related parties:

Income Statement Data
($ in millions)
2014
 
2013
 
2012
Base management fees
$
17

 
$
17

 
$
26

Incentive management fees
6

 
1

 
5

Owned, leased, and other revenue
1

 
1

 
3

Cost reimbursements
226

 
236

 
315

Total revenue
$
250

 
$
255

 
$
349

Reimbursed costs
$
(226
)
 
$
(236
)
 
$
(315
)
Depreciation, amortization, and other
(2
)
 
(2
)
 
(2
)
General, administrative, and other
(2
)
 
(3
)
 
2

Gains and other income
—

 
—

 
43

Interest expense
—

 
—

 
1

Interest income
5

 
4

 
3

Equity in earnings (losses)
6

 
(5
)
 
(13
)


Balance Sheet Data
($ in millions)
At Year-End 2014
 
At Year-End 2013
Current assets
 
 
 
Accounts and notes receivable, net
$
26

 
$
22

Other
1

 
—

Intangible assets
 
 
 
Contract acquisition costs and other
20

 
20

Equity and cost method investments
210

 
207

Deferred taxes, net
13

 
16

Other noncurrent assets
19

 
16

Current liabilities

 

Accounts payable
(10
)
 
(4
)
Accrued expenses and other
(20
)
 
(9
)
Other noncurrent liabilities
(3
)
 
(2
)


Summarized information for the entities in which we have equity method investments is as follows:

Income Statement Data
($ in millions)
2014
 
2013
 
2012
Sales
$
752

 
$
727

 
$
902

Net income (loss)
$
38

 
$
11

 
$
(4
)


Balance Sheet Summary
($ in millions)
At Year-End 2014
 
At Year-End 2013
Assets (primarily comprised of hotel real estate managed by us)
$
1,499

 
$
1,832

Liabilities
$
1,287

 
$
1,482