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Selected Quarterly Financial Data - (unaudited) (Summary of Quarterly Financial Data) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2019
Sep. 30, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Mar. 31, 2018
[1]
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Selected Quarterly Financial Information [Abstract]                      
Net revenues $ 981 $ 1,105 $ 1,039 $ 918 $ 956 $ 1,062 $ 1,007 $ 907 $ 4,043 $ 3,931 $ 3,806
Total expenses 790 891 841 778 797 865 942 804 3,299 3,408 3,367
Gain on sale of business (68) 0 0 0         (68) 0 0
Operating income 259 214 198 140 159 197 65 103 812 523 439
Income from continuing operations 155 135 118 81 106 131 (12) 41 489 266 646
Gain on disposal of discontinued business, net of income taxes 12 0 6 (1) 4 20 432 0 18 456 0
Net Income (Loss) Attributable to Parent $ 167 $ 135 $ 124 $ 80 $ 112 $ 148 $ 378 $ 34 $ 507 $ 672 $ 854
Basic earnings per share                      
Continuing operations $ 1.73 $ 1.48 $ 1.27 $ 0.86 $ 1.10 $ 1.32 $ (0.12) $ 0.41 $ 5.31 $ 2.69 $ 6.26
Discontinued operations 0.14 0 0.06 (0.01) 0.06 0.17 3.90 (0.07) 0.19 4.11 2.03
Basic (in dollars per share) 1.87 1.48 1.33 0.85 1.16 1.49 3.78 0.34 5.50 6.80 8.29
Diluted earnings per share                      
Continuing operations 1.73 1.47 1.26 0.85 1.10 1.31 (0.12) 0.41 5.29 2.68 6.22
Discontinued operations 0.14 0 0.06 0 0.06 0.18 3.89 (0.07)      
Earnings Per Share, Diluted $ 1.87 $ 1.47 $ 1.32 $ 0.85 $ 1.16 $ 1.49 $ 3.77 $ 0.34 $ 5.48 $ 6.77 $ 8.24
Weighted average shares outstanding                      
Basic (in shares) 89.5 91.7 93.0 94.4 96.3 99.1 100.0 100.1 92.1 98.9 103.0
Diluted weighted average shares outstanding 89.8 92.0 93.3 94.7 96.7 99.5 100.3 100.8 92.4 [2],[3] 99.2 [2],[3] 103.7 [2],[3]
[1]
Amounts vary from those disclosed in the Company’s Quarterly report on form 10-Q for the quarter ended March 31, 2018, due to the results of its former hotel business being classified as discontinued operations in connection with the Spin-off of Wyndham Hotels on May 31, 2018.
[2]
(c) 
Excludes 1.2 million and 0.5 million of outstanding stock option awards that would have been anti-dilutive to EPS for the years 2019 and 2018. These outstanding stock option awards could potentially dilute EPS in the future. There were no outstanding stock option awards in 2017.
[3]
(d) 
The dilutive impact of the Company’s potential common stock is computed utilizing the treasury stock method using average market prices during the period.