Business Segments (Tables)

3 Months Ended

Mar. 31, 2017

Segment Reporting [Abstract]

Segment Revenues

Segment Revenues

	Three Months Ended
($ in millions)	March 31, 2017		March 31, 2016
North American Full-Service	$	3,576	$	2,321
North American Limited-Service	924		833
Asia Pacific	312		141
Other International	602		415
Total segment revenues	5,414		3,710
Other unallocated corporate	147		62
Total consolidated revenues	$	5,561	$	3,772

Segment Profits

Segment Profits

	Three Months Ended
($ in millions)	March 31, 2017			March 31, 2016
North American Full-Service	$	289		$	185
North American Limited-Service	177			155
Asia Pacific	82			27
Other International	86			48
Total segment profits	634			415
Other unallocated corporate	(86		)	(48		)
Interest expense, net of interest income	(63		)	(41		)
Income taxes	(120		)	(107		)
Net income	$	365		$	219

Goodwill

Goodwill

($ in millions)	North American Full-Service		North American Limited-Service			Asia Pacific		Other International		Total Goodwill
Year-end 2016 balance:
Goodwill	$	2,905	$	1,558		$	1,572	$	1,617	$	7,652
Accumulated impairment losses	—		(54		)	—		—		(54		)
	2,905		1,504			1,572		1,617		7,598
Adjustments (1)	$	51	$	30		$	33	$	36	$	150
Foreign currency translation	3		(1		)	29		23		54
March 31, 2017 balance:
Goodwill	$	2,959	$	1,587		$	1,634	$	1,676	$	7,856
Accumulated impairment losses	—		(54		)	—		—		(54		)
	$	2,959	$	1,533		$	1,634	$	1,676	$	7,802

⁽¹⁾  The table reflects adjustments to our preliminary estimate of goodwill from the Starwood Combination. Because we have not yet finalized the fair values of assets acquired and liabilities assumed, the assignment of goodwill to our reporting units may continue to change during the measurement period. See Footnote 2 “Acquisitions and Dispositions” for more information.