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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2016
Dec. 31, 2015
Current assets    
Cash and equivalents $ 679 $ 96
Accounts and notes receivable, net 1,152 1,103
Prepaid expenses 71 77
Other 26 30
Assets held for sale 31 78
Assets, current, total 1,959 1,384
Property and equipment, net 1,056 1,029
Intangible assets    
Contract acquisition costs and other 1,473 1,451
Goodwill 947 943
Goodwill and intangible assets, net, total 2,420 2,394
Equity and cost method investments 179 165
Notes receivable, net 227 215
Deferred taxes, net 586 672
Other noncurrent assets 223 223
Total assets 6,650 6,082
Current liabilities    
Current portion of long-term debt 303 300
Accounts payable 621 593
Accrued payroll and benefits 756 861
Liability for guest loyalty programs 992 952
Accrued expenses and other 572 527
Liabilities, current, total 3,244 3,233
Long-term debt 4,057 3,807
Liability for guest loyalty programs 1,720 1,622
Other noncurrent liabilities 1,091 1,010
Shareholders’ deficit    
Class A Common Stock 5 5
Additional paid-in-capital 2,787 2,821
Retained earnings 5,185 4,878
Treasury stock, at cost (11,266) (11,098)
Accumulated other comprehensive loss (173) (196)
Stockholders' deficit attributable to parent (3,462) (3,590)
Liabilities and deficit, total $ 6,650 $ 6,082