The following tables present revenues, segment earnings, earnings from unconsolidated ventures, capital expenditures, total assets, and investments in unconsolidated ventures for our reportable segments (in millions):


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Revenues:
Americas ^(a)	$	390	$	427	$	777	$	830
EAME		169		152		284		258
Asia Pacific		80		76		156		158
Vacation ownership and residential		233		314		539		822

Total segment revenues ^(b)		872		969		1,756		2,068
Other revenues from managed and franchised hotels		668		627		1,302		1,225
Other corporate revenues – unallocated		22		22		43		40

	$	1,562	$	1,618	$	3,101	$	3,333

(a)	Includes revenues of $269 million and $295 million for the three months ended June 30, 2013 and 2012, respectively, and $541 million and $570 million for the six months ended June 30, 2013 and 2012, respectively, from hotels located in the United States of America.

(b)	Besides the United States of America, no other country contributed more than 10% of our total revenues.


	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Segment earnings:
Americas	$	162		$	161		$	308		$	288
EAME		66			59			91			80
Asia Pacific		45			47			96			103
Vacation ownership and residential		71			74			178			190

Total segment earnings		344			341			673			661
Other corporate unallocated		23			23			44			42
Corporate selling, general, administrative and other – unallocated		(34	)		(41	)		(69	)		(83	)
Gain (loss) on asset dispositions and impairments, net		1			(1	)		(8	)		(8	)
Restructuring and other special (charges) credits		—			—			1			11
Adjustments to equity earnings ^(a)		(11	)		(13	)		(19	)		(21	)
Interest expense		(26	)		(47	)		(53	)		(96	)
Loss on early extinguishment of debt, net		—			(15	)		—			(15	)
Depreciation and amortization		(65	)		(62	)		(130	)		(125	)
Discontinued operations		—			(7	)		70			(8	)
Income tax benefit (expense)		(95	)		(56	)		(159	)		(108	)

Net income attributable to Starwood	$	137		$	122		$	350		$	250

(a)	Includes interest expense, depreciation and amortization expense related to equity earnings not allocated to segment earnings.


	Three Months Ended June 30,				Six Months Ended June 30,
	2013		2012		2013		2012
Earnings from unconsolidated ventures included in segment earnings:
Americas	$	10	$	8	$	18	$	16
EAME		—		2		—		2
Asia Pacific		7		7		17		17
Vacation ownership and residential		1		1		1		1

Total earnings from unconsolidated ventures	$	18	$	18	$	36	$	36


	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Capital expenditures:
Americas	$	45		$	41		$	103		$	73
EAME		5			29			20			49
Asia Pacific		1			1			10			2
Vacation ownership and residential ^(a)		(4	)		(1	)		(12	)		8

Total segment capital expenditures		47			70			121			132
Other corporate unallocated		26			18			36			36

	$	73		$	88		$	157		$	168

(a)

Represents gross inventory capital expenditures less cost of sales of $(7) million and $(4) million for the three months ended June 30, 2013 and 2012, respectively, and $(20) million and $(3) million for the six months ended June 30, 2013 and 2012, respectively. Additionally, includes development capital of $3 million for the three months ended June 30, 2013 and 2012, and $8 million and $11 million for the six months ended June 30, 2013 and 2012, respectively.


	June 30, 2013		December 31, 2012
Assets:
Americas ^(a)	$	2,157	$	2,229
EAME ^(b)		918		911
Asia Pacific		608		574
Vacation ownership and residential		1,348		1,445

Total segment assets ^(c)		5,031		5,159
Other corporate assets		3,935		3,702

	$	8,966	$	8,861

(a)	Includes long-lived assets of $1.5 billion and $1.6 billion at June 30, 2013 and December 31, 2012, respectively, located in the United States of America.

(b)	Includes long-lived assets of $359 million and $366 million at June 30, 2013 and December 31, 2012, respectively, located in Italy.

(c)	Besides the United States and Italy, no other country contributed more than 10% of our total long-lived assets.


	June 30, 2013		December 31, 2012
Investments in unconsolidated ventures:
Americas	$	73	$	71
EAME		25		25
Asia Pacific		146		143
Vacation ownership and residential		22		21

Total investments in unconsolidated ventures	$	266	$	260