CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2018	Dec. 31, 2017
Current assets
Cash and equivalents		$ 316	$ 383
Accounts and notes receivable, net	[1]	2,133	1,973
Prepaid expenses and other	[1]	249	235
Assets held for sale		8	149
Assets, current, total		2,706	2,740
Property and equipment, net		1,956	1,793
Intangible assets
Intangible assets		8,380	8,544
Goodwill		9,039	9,207
Goodwill and intangible assets, net, total		17,419	17,751
Equity method investments	[1]	732	734
Notes receivable, net		125	142
Deferred tax assets		171	93
Other noncurrent assets	[1]	587	593
Total assets		23,696	23,846
Current liabilities
Current portion of long-term debt		833	398
Accounts payable	[1]	767	783
Accrued payroll and benefits		1,345	1,214
Accrued expenses and other	[1]	963	1,291
Liabilities, current, total		6,437	5,807
Long-term debt		8,514	7,840
Deferred tax liabilities	[1]	485	605
Other noncurrent liabilities	[1]	2,372	2,610
Shareholders’ equity
Class A Common Stock		5	5
Additional paid-in-capital		5,814	5,770
Retained earnings		8,982	7,242
Treasury stock, at cost		(12,185)	(9,418)
Accumulated other comprehensive loss		(391)	(17)
Shareholder's equity (deficit)		2,225	3,582
Liabilities and deficit, total		23,696	23,846
Brands
Intangible assets
Intangible assets		5,790	5,922
Contract acquisition costs and other
Intangible assets
Intangible assets	[1]	2,590	2,622
Guest loyalty program
Current liabilities
Liability for guest loyalty program		2,529	2,121
Contract with customer		2,932	2,819
Deferred revenue
Current liabilities
Contract with customer		$ 731	$ 583

[1] See Footnote 18. Related Party Transactions for disclosure of related party amounts.