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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating Activities      
Net income $ 635 $ 562 $ 487
Discontinued operations:      
(Gain) loss on dispositions, net (71) (92) 13
Stock-based compensation expense 54 63 75
Excess stock-based compensation tax benefit (26) (72) (26)
Depreciation and amortization 267 251 265
Amortization of deferred loan costs 5 6 11
(Gain) loss on debt extinguishment, net (4) 128 16
Non-cash portion of restructuring and other special charges (credits), net 1    
Non-cash foreign currency (gains) losses, net 14 (5) 12
Amortization of deferred gains (91) (87) (87)
Provision for doubtful accounts 22 33 31
Distributions in excess (deficit) of equity earnings     7
Loss (gain) on asset dispositions and impairments, net 23 21  
Non-cash portion of income tax expense (benefit) 65 (20) 63
Changes in working capital:      
Restricted cash 46 (2) (27)
Accounts receivable (42) (3) (45)
Inventories 156 448 (14)
Prepaid expenses and other (4) (7) (15)
Accounts payable and accrued expenses 10 (115) 62
Accrued income taxes 58 76 (195)
Securitized VOI notes receivable activity, net 144 7 (45)
VOI notes receivable activity, net (157) (24) 12
Other, net 46 16 41
Cash (used for) from operating activities 1,151 1,184 641
Investing Activities      
Purchases of plant, property and equipment (364) (362) (385)
Proceeds from asset sales, net 260 528 290
Issuance of notes receivable   (4) (10)
Collection of notes receivable, net 3 4 7
Acquisitions, net of acquired cash (67) (45) (72)
Purchases of investments (1) (2) (8)
Proceeds from investments 4 4 4
Other, net 7 3 (2)
Cash (used for) from investing activities (158) 126 (176)
Financing Activities      
Revolving credit facility and short-term borrowings (repayments), net         
Long-term debt issued   358 47
Long-term debt repaid (1) (1,409) (650)
Long-term securitized debt issued   166 200
Long-term securitized debt repaid (178) (165) (162)
(Increase) decrease in restricted cash (19) 69 (144)
Dividends paid (256) (242) (99)
Proceeds from stock option exercises 88 74 70
Excess stock-based compensation tax benefit 26 72 22
Share repurchases (316) (320)  
Other, net (22) (59) (39)
Cash (used for) from financing activities (678) (1,456) (755)
Exchange rate effect on cash and cash equivalents (4) (3) (9)
Increase (decrease) in cash and cash equivalents 311 (149) (299)
Cash and cash equivalents - beginning of period 305 454 753
Cash and cash equivalents - end of period 616 305 454
Cash paid (received) during the period for:      
Interest 68 170 188
Income taxes, net of refunds 130 103 42
Non-cash acquisition of Hotel Imperial     $ 57