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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues        
Owned, leased and consolidated joint venture hotels $ 425 $ 441 $ 1,280 $ 1,329
Vacation ownership and residential sales and services 208 140 1,038 439
Management fees, franchise fees and other income 219 202 642 580
Other revenues from managed and franchised properties 603 589 1,828 1,745
Total revenues 1,455 1,372 4,788 4,093
Costs and Expenses        
Owned, leased and consolidated joint venture hotels 348 361 1,057 1,103
Vacation ownership and residential 156 107 790 330
Selling, general, administrative and other 87 88 269 256
Restructuring, goodwill impairment and other special charges (credits), net     (11)  
Depreciation 55 57 168 177
Amortization 6 8 18 23
Other expenses from managed and franchised properties 603 589 1,828 1,745
Total Cost and Expenses 1,255 1,210 4,119 3,634
Operating income 200 162 669 459
Equity (losses) earnings and gains and losses from unconsolidated ventures, net 4 (5) 19 6
Interest expense, net of interest income of $0, $1, $1, and $2 (39) (45) (149) (151)
Gain (loss) on asset dispositions and impairments, net 1 45 (7) 14
Income from continuing operations before taxes and noncontrolling interests 166 157 532 328
Income tax benefit (expense) (19) 8 (127) 14
Income (loss) from continuing operations 147 165 405 342
Discontinued operations:        
Income (loss) from operations, net of tax (benefit) of $0, $(1), $0 and $(1)            
Gain (loss) on dispositions, net of tax expense of $16, $2, $15 and $4 23 (2) 15 (22)
Net income 170 163 420 320
Net loss (income) attributable to noncontrolling interests       2
Net income 170 163 420 322
Earnings (Losses) Per Share - Basic        
Continuing operations $ 0.76 $ 0.88 $ 2.10 $ 1.83
Discontinued operations $ 0.12 $ (0.01) $ 0.08 $ (0.12)
Net income $ 0.88 $ 0.87 $ 2.18 $ 1.71
Earnings (Losses) Per Share - Diluted        
Continuing operations $ 0.75 $ 0.85 $ 2.06 $ 1.77
Discontinued operations $ 0.12 $ (0.01) $ 0.08 $ (0.11)
Net income $ 0.87 $ 0.84 $ 2.14 $ 1.66
Amounts attributable to Starwood's Common Stockholders        
Income from continuing operations 147 165 405 344
Discontinued operations 23 (2) 15 (22)
Net income $ 170 $ 163 $ 420 $ 322
Weighted average number of shares 193 190 193 189
Weighted average number of shares assuming dilution 196 195 197 195