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Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2011

Business Segment and Geographical Information [Abstract]

Revenues, operating income, capital expenditures and assets


		2011				2010				2009
Revenues:
Hotel		$	4,756			$	4,383			$	4,022
Vacation ownership and residential			868				688				674

Total		$	5,624			$	5,071			$	4,696

Operating income:
Hotel		$	694			$	571			$	471
Vacation ownership and residential			160				105				73

Total segment operating income			854				676				544
Selling, general, administrative and other			(156	)			(151	)			(139	)
Restructuring, goodwill impairment and other special charges, net			(68	)			75				(379	)

Operating income			630				600				26
Equity earnings and gains and losses from unconsolidated ventures, net:
Hotel			8				8				(5	)
Vacation ownership and residential			3				2				1
Interest expense, net			(216	)			(236	)			(227	)
Loss on asset dispositions and impairments, net			—				(39	)			(91	)

Income (loss) from continuing operations before taxes and noncontrolling interests		$	425			$	335			$	(296	)

Depreciation and amortization:
Hotel		$	191			$	207			$	229
Vacation ownership and residential			22				27				27
Corporate			52				51				53

Total		$	265			$	285			$	309

		2011				2010				2009
Capital expenditures:
Hotel		$	283			$	184			$	171
Vacation ownership and residential			70				151				145
Corporate			124				42				27

Total ^(a)		$	477			$	377			$	343

Assets:
Hotel ^(b)		$	6,162			$	6,440
Vacation ownership and residential ^(c)			2,207				2,139
Corporate			1,191				1,197

Total		$	9,560			$	9,776

(a)	Includes $385 million, $227 million, and $196 million of property, plant, and equipment expenditures as of December 31, 2011, 2010, and 2009, respectively. Additional expenditures included in the amounts above consist of vacation ownership inventory and investments in management contracts.

(b)	Includes $229 million and $294 million of investments in unconsolidated joint ventures at December 31, 2011 and 2010, respectively.

(c)	Includes $30 million and $27 million of investments in unconsolidated joint ventures at December 31, 2011 and 2010, respectively.

Revenues and long-lived assets


		Revenues												Long-Lived Assets
		2011				2010				2009				2011				2010
United States		$	3,561			$	3,312			$	3,387			$	2,023			$	2,186
All other international			2,063				1,759				1,309				1,506				1,449

Total		$	5,624			$	5,071			$	4,696			$	3,529			$	3,635

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References+ Details

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details