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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets    
Cash and equivalents $ 1,045 $ 1,393
Accounts and notes receivable, net 2,378 1,982
Prepaid expenses and other 261 251
Assets, current, total 3,684 3,626
Property and equipment, net 1,509 1,503
Intangible assets    
Goodwill 8,765 9,073
Goodwill and intangible assets, net, total 17,372 17,999
Equity method investments 332 387
Notes receivable, net 132 144
Deferred tax assets 228 228
Operating lease assets 947 1,062
Other noncurrent assets 559 604
Total assets 24,763 25,553
Current liabilities    
Current portion of long-term debt 558 805
Accounts payable 746 726
Accrued payroll and benefits 1,260 1,187
Accrued expenses and other 1,454 1,167
Liabilities, current, total 7,112 6,407
Long-term debt 8,860 9,333
Deferred tax liabilities 273 169
Operating lease liabilities 1,007 1,098
Other noncurrent liabilities 1,811 2,002
Stockholders’ equity    
Class A Common Stock 5 5
Additional paid-in-capital 5,919 5,892
Retained earnings 11,795 10,305
Treasury stock, at cost (15,666) (14,446)
Accumulated other comprehensive loss (990) (342)
Stockholders’ equity 1,063 1,414
Liabilities and equity (deficit), total 24,763 25,553
Brands    
Intangible assets    
Intangible assets 5,727 5,979
Contract acquisition costs and other    
Intangible assets    
Intangible assets 2,880 2,947
Liability for guest loyalty program    
Current liabilities    
Liability for guest loyalty program 3,094 2,522
Contract with customer liabilities 3,552 3,949
Deferred revenue    
Current liabilities    
Contract with customer liabilities $ 1,085 $ 1,181