CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
OPERATING ACTIVITIES
Net income	$ 219	$ 207
Adjustments to reconcile to cash provided by operating activities:
Depreciation, amortization, and other	31	44
Share-based compensation	28	24
Income taxes	58	29
Liability for guest loyalty programs	76	45
Working capital changes	(106)	(131)
Other	27	44
Net cash provided by operating activities	333	262
INVESTING ACTIVITIES
Capital expenditures	(42)	(75)
Dispositions	4	247
Loan advances	(16)	(10)
Loan collections	2	7
Contract acquisition costs	(21)	(61)
Escrow deposit for acquisition of a business	0	136
Other	9	6
Net cash used in investing activities	(64)	(22)
FINANCING ACTIVITIES
Commercial paper/Credit Facility, net	51	246
Repayment of long-term debt	(2)	(2)
Issuance of Class A Common Stock	6	17
Dividends paid	(64)	(56)
Purchase of treasury stock	(248)	(429)
Other	(9)	0
Net cash used in financing activities	(266)	(224)
INCREASE IN CASH AND EQUIVALENTS	3	16
CASH AND EQUIVALENTS, beginning of period	96	104
CASH AND EQUIVALENTS, end of period	$ 99	$ 120