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Debt - Additional Information (Detail)
In Millions, unless otherwise specified
1 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended 12 Months Ended
May 11, 2009
USD ($)
Dec. 31, 2010
USD ($)
Year
Entity
Contract
Location
Dec. 31, 2009
USD ($)
Dec. 31, 2008
USD ($)
May 25, 2007
USD ($)
Dec. 31, 2010
Senior Notes
USD ($)
Dec. 31, 2009
Senior Notes
USD ($)
Oct. 31, 2010
Series U Senior Notes 6 Percent Due November 1st 2020
USD ($)
Oct. 25, 2010
Series U Senior Notes 6 Percent Due November 1st 2020
USD ($)
Aug. 25, 2010
Series K Senior Notes 7.125 Percent Due November 2013
USD ($)
Dec. 31, 2010
Series K Senior Notes 7.125 Percent Due November 2013
USD ($)
Dec. 31, 2010
Exchangeable Debentures
Upper Limit
Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024
Subsequent Event
USD ($)
Dec. 31, 2010
Exchangeable Debentures
Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024
USD ($)
Mar. 27, 2009
Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024
USD ($)
Dec. 31, 2010
Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024
Mar. 16, 2006
Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024
Dec. 31, 2004
Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024
Dec. 31, 2010
Exchangeable 2004 Senior Debentures 3.25 Percent Due April 2024
USD ($)
Jan. 20, 2010
Series M Senior Notes 7 Percent Due August 2012
USD ($)
Dec. 31, 2010
Exchangeable Debentures
Exchangeable 2009 Senior Debentures 2.5 Percent Due October 2029
USD ($)
Dec. 22, 2009
Exchangeable 2009 Senior Debentures 2.5 Percent Due October 2029
USD ($)
Dec. 16, 2009
Exchangeable 2009 Senior Debentures 2.5 Percent Due October 2029
USD ($)
Dec. 31, 2010
Exchangeable 2009 Senior Debentures 2.5 Percent Due October 2029
Dec. 31, 2010
Exchangeable 2009 Senior Debentures 2.5 Percent Due October 2029
USD ($)
Dec. 31, 2010
Exchangeable Debentures
Exchangeable 2007 Senior Debentures 2.625 Percent Due April 2027
USD ($)
Mar. 23, 2007
Exchangeable 2007 Senior Debentures 2.625 Percent Due April 2027
Dec. 31, 2010
Exchangeable 2007 Senior Debentures 2.625 Percent Due April 2027
Dec. 31, 2009
Exchangeable 2007 Senior Debentures 2.625 Percent Due April 2027
USD ($)
Dec. 31, 2010
Exchangeable 2007 Senior Debentures 2.625 Percent Due April 2027
USD ($)
May 11, 2009
Series T Senior Notes 9 Percent Due May 2017
USD ($)
Dec. 31, 2010
Exchangeable Debentures
USD ($)
Dec. 31, 2010
Exchangeable Debentures
USD ($)
May 25, 2007
Leverage Ratio Equals Or Exceeds 7.0x
USD ($)
May 25, 2007
Letter of Credit
USD ($)
May 25, 2007
Foreign Denominated Debt
USD ($)
May 25, 2007
Foreign Denominated Debt
Currency, Canadian Dollar
USD ($)
May 25, 2007
Foreign Denominated Debt
Currency, Euro
USD ($)
May 25, 2007
Foreign Denominated Debt
Currency, British Pound Sterling
USD ($)
Dec. 31, 2010
Mortgages
Dec. 31, 2009
Mortgages
Mar. 26, 2010
Atlanta Marriott Marquis
USD ($)
May 11, 2009
The Westin Kierland Resort Spa
USD ($)
Jul. 20, 2010
Le Meridien Piccadilly
USD ($)
Jul. 20, 2010
Le Meridien Piccadilly
GBP (£)
Dec. 31, 2010
LIBOR
Dec. 31, 2010
Prime Lending Rate
Dec. 31, 2010
Upper Limit
Subsequent Event
USD ($)
Dec. 31, 2010
Subsequent Event
Feb. 28, 2010
Upper Limit
USD ($)
Debt Instrument [Line Items]                                                                                                  
Face amount of debt           $ 4,400 $ 4,700   $ 500       $ 500             $ 400 $ 400       $ 600         $ 400 $ 1,500                                    
Cash proceeds from issuance of debt                                         391                 380                                      
Procced from issuance of note               492                                                                                  
Unamortized Discount           109 145                         71         24           95                                    
Interest payment date                                                           Interest on the Series T notes is payable semi-annually in arrears on January 15 and July 15, beginning July 15, 2009                                      
Repurchase of debt, face amount                   475       75         346                 74                                          
Put option date of debentures Apr. 15, 2014 Apr. 15, 2010 Oct. 15, 2015 Apr. 15, 2012
Repurchase of debt, carrying value                           72                           68                                          
Payment to repurchase debt                           69                           66                                          
Gain (loss) on redemption of debt   1 [1] (2) [2] (14)           (12)       3         (8)                 2                                          
Debt principal outstanding                   725 250   325         325   400       400 526       526   1,251 1,251                                  
Debt issuance date                               2004-03-16         2009-12-22         2007-03-23                                              
Excess fair value over principal value                                   54           108                                                  
Debt exchange description                             any time at which the closing price of our common stock is more than 120% of the exchange price per share for at least 20 of 30 consecutive trading days during certain periods or any time up to two days prior to the date on which the Debentures have been called for redemption               any time at which the closing price of our common stock is more than 130% of the exchange price per share for at least 20 of 30 consecutive trading days during certain periods or any time up to two days prior to the date on which the Debentures have been called for redemption       any time at which the closing price of our common stock is more than 130% of the exchange price per share for at least 20 of 30 consecutive trading days during certain periods or any time up to two days prior to the date on which the Debentures have been called for redemption                                            
Mortgage debt prepayments and scheduled maturities                                                                                 124 135              
Outstanding amount of debt instrument   5,512                                       316                                                      
Effective interest rates of debt                             6.80%             6.90% 6.90%       6.50%                                            
Repayment of credit facility 200                                                                                                
Equity carrying value of debentures                         76             82         89           247 247                                  
Debt repurchase, authorized amount                       325                                                                     500   400
Subsequent event date Feb. 01, 2011
Aggregate borrowing capacity         600                                                       300 10 300 150 300 300                      
Addiitional aggregate borrowing capacity                                                                 190                                
Payment to acquire property                                                                                     56 37          
Remaining borrowing capacity   542                                                                                              
Credit facility guarantees   The obligations under the credit facility are guaranteed by certain of our existing subsidiaries and are currently secured by pledges of equity interests in many of our subsidiaries. The pledges are permitted to be released in the event that certain conditions are satisfied, including the requirement that our leverage ratio falls below 6.0x for two consecutive fiscal quarters. As a result of having satisfied such conditions, currently we are not required to pledge our equity interests in any newly acquired or formed subsidiary, and at our election, we may obtain a release of all existing pledges for so long as our leverage ratio continues to be below 6.0x.                                                                                              
Line of credit interest terms   We pay interest on revolver borrowings under the credit facility at floating rates plus a margin that is set with reference to our leverage ratio. In the case of LIBOR-based borrowings in U.S. Dollars, as well as Euros and Pounds Sterling denominated borrowings, the rate of interest ranges from 65 basis points to 150 basis points over LIBOR. We also have the option to pay interest based on the higher of the overnight Federal Funds Rate plus 50 basis points and the Prime Lending Rate, plus, in both cases, the applicable spread ranging from 0 to 50 basis points. Based on our leverage ratio at December 31, 2010 of 5.0x, we can borrow at a rate of LIBOR plus 90 basis points or Prime plus 0 basis points. To the extent that amounts under the credit facility remain unused, we pay a quarterly commitment fee on the unused portion of the loan commitment of 10 to 15 basis points, depending on our average revolver usage during the applicable period.                                                                                              
Leverage ratio   5                                                                                              
Line of credit commitment fee   To the extent that amounts under the credit facility remain unused, we pay a quarterly commitment fee on the unused portion of the loan commitment of 10 to 15 basis points, depending on our average revolver usage during the applicable period.                                                                                              
Assets that are secured by mortgage debt   11                                                                                              
Amortization of property and equipment under capital leases   $ 1 $ 1 $ 2                                                                                          
Basis points over index on available credit                                                                                         0.90% 0.00%      
Average interest rate                                                                             4.70% 5.10%                  
Debt covenant compliance                                                                             we are in compliance with the covenants under all of our mortgage debt obligations.                    
[1] Interest expense and interest paid for 2010 includes cash prepayment premiums of approximately $20 million. No significant prepayment premiums were paid in 2009 or 2008.
[2] Interest expense and interest paid for 2009 is net of $7 million received in connection with the 2007 defeasance of $514 million in collateralized mortgage-backed securities.