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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and equivalents $ 701 $ 383
Accounts and notes receivable, net 2,098 1,973
Prepaid expenses and other 232 235
Assets held for sale 121 149
Assets, current, total 3,152 2,740
Property and equipment, net 1,791 1,793
Intangible assets    
Goodwill 9,270 9,207
Goodwill and intangible assets, net, total 17,864 17,751
Equity method investments 754 734
Notes receivable, net 147 142
Deferred tax assets 172 93
Other noncurrent assets 604 593
Total assets 24,484 23,846
Current liabilities    
Current portion of long-term debt 988 398
Accounts payable 766 783
Accrued payroll and benefits 1,163 1,214
Liability for guest loyalty programs 2,238 2,121
Accrued expenses and other 1,314 1,291
Liabilities, current, total 6,469 5,807
Long-term debt 7,858 7,840
Liability for guest loyalty programs 3,029 2,819
Deferred tax liabilities 634 605
Deferred revenue 645 583
Other noncurrent liabilities 2,283 2,610
Shareholders’ equity    
Class A Common Stock 5 5
Additional paid-in-capital 5,685 5,770
Retained earnings 7,898 7,242
Treasury stock, at cost (10,163) (9,418)
Accumulated other comprehensive income (loss) 141 (17)
Stockholders' equity (deficit) attributable to parent 3,566 3,582
Liabilities and equity (deficit), total 24,484 23,846
Brands    
Intangible assets    
Intangible assets 5,972 5,922
Contract acquisition costs and other    
Intangible assets    
Intangible assets $ 2,622 $ 2,622