Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2021		Dec. 31, 2020
Current assets:
Cash and cash equivalents	$ 735		$ 520
Restricted cash	8		3
Trade receivables (net of allowance for doubtful accounts of $11 and $13)	123		128
Relocation receivables	139		139
Other current assets	183		154
Total current assets	1,188		944
Property and equipment, net	310		317
Operating lease assets, net	453		450
Goodwill	2,923		2,910
Trademarks	687		685
Franchise agreements, net	1,021		1,088
Other intangibles, net	171		188
Other non-current assets	457		352
Total assets	7,210		6,934
Current liabilities:
Accounts payable	130		128
Securitization obligations	118	[1]	106
Current portion of long-term debt	10		62
Current portion of operating lease liabilities	128		129
Total accrued expenses and other current liabilities	666		600
Total current liabilities	1,052		1,025
Long-term debt	2,940		3,145
Long-term operating lease liabilities	417		430
Deferred income taxes	353		276
Other non-current liabilities	256		291
Total liabilities	5,018		5,167
Equity:
Preferred Stock, Value, Issued	0		0
Common Stock, Value, Issued	1		1
Additional paid-in capital	4,947		4,876
Accumulated deficit	(2,712)		(3,055)
Accumulated other comprehensive loss	(50)		(59)
Total stockholders' equity	2,186		1,763
Noncontrolling interests	6		4
Total equity	2,192		1,767
Total liabilities and equity	$ 7,210		$ 6,934
Preferred Stock, Par or Stated Value Per Share	$ 0.01		$ 0.01
Preferred Stock, Shares Authorized	50,000,000		50,000,000
Preferred Stock, Shares Outstanding	0		0
Common Stock, Par or Stated Value Per Share	$ 0.01		$ 0.01
Common Stock, Shares Authorized	400,000,000		400,000,000
Common Stock, Shares, Outstanding	116,588,430		115,457,067

[1] See below under the header "Securitization Obligations" for additional information.