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Merger-Related Costs and Charges (Tables)
6 Months Ended
Jun. 30, 2017
Restructuring and Related Activities [Abstract]  
Schedule of Restructuring Reserve Activity
The following table presents our restructuring reserve activity during the 2017 first half:
($ in millions)
Employee termination costs
Balance at year-end 2016
$
192

Charges

Cash payments
(91
)
Adjustments (1)
(4
)
Balance at June 30, 2017, classified in “Accrued expenses and other”
$
97

(1) 
Adjustments primarily reflect the reversal of accruals for certain employees who accepted other positions at the Company or resigned and the impact of cumulative translation adjustments.
The following table presents pre-tax merger-related costs and other charges that we incurred in connection with the Starwood Combination.
 
Three Months Ended
 
Six Months Ended
($ in millions)
June 30, 2017
 
June 30, 2016
 
June 30, 2017
 
June 30, 2016
Merger-related costs and charges
 
 
 
 
 
 
 
Transaction costs
$
3

 
$
6

 
$
10

 
$
13

Employee termination costs
(9
)
 

 
12

 

Integration costs
27

 
8

 
50

 
9

 
21

 
14

 
72

 
22

Interest expense

 
11

 

 
13

 
$
21

 
$
25

 
$
72

 
$
35