RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2018

The following tables present financial data resulting from transactions with these related parties:

Income Statement Data



($ in millions)	2018			2017			2016
Base management fees	$	25		$	28		$	18
Incentive management fees	12			15			10
Contract investment amortization	(2		)	(2		)	(2		)
Owned, leased, and other revenue	—			2			—
Cost reimbursement revenue	332			356			222
Depreciation, amortization, and other	(2		)	(3		)	(1		)
General, administrative, and other	—			(1		)	—
Reimbursed expenses	(337		)	(356		)	(222		)
Gains and other income, net	51			658			1
Interest income	—			4			5
Equity in earnings	103			40			9

Balance Sheet Data



($ in millions)	At Year-End 2018			At Year-End 2017
Current assets
Accounts and notes receivable, net	$	31		$	42
Prepaid expenses and other	1			—
Intangible assets
Contract acquisition costs and other	32			39
Equity method investments	732			734
Other noncurrent assets	10			17
Current liabilities
Accounts payable	(4		)	(11		)
Accrued expenses and other	(16		)	(17		)
Deferred tax liabilities	(20		)	(41		)
Other noncurrent liabilities	(11		)	(4		)

The following tables present summarized financial information for the entities in which we have equity method investments:



($ in millions)	At Year-End 2018		At Year-End 2017
Assets (primarily composed of hotel real estate managed by us)	$	2,724	$	2,234
Liabilities	1,843		1,649


⁽¹⁾	2016 sales and net income for entities in which we acquired an investment through the Starwood Combination are for the period from the Merger Date to year-end 2016.