Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2014

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in Carrying Amount of Goodwill

The changes in the carrying amount of goodwill for the years ended December 31, 2014 and 2013 were as follows (in millions):

	Americas Segment			EAME Segment			Asia Pacific Segment			Vacation Ownership and Residential Segment		Total
Balance at January 1, 2013	$	728		$	265		$	283		$	151	$	1,427
Currency translation adjustment		(1	)		5			(1	)		—		3
Asset dispositions		(22	)		—			—			—		(22	)
Other		—			(1	)		—			—		(1	)
Balance at December 31, 2013	$	705		$	269		$	282		$	151	$	1,407
Balance at January 1, 2014	$	705		$	269		$	282		$	151	$	1,407
Currency translation adjustment		(1	)		(15	)		—			—		(16	)
Asset dispositions		(21	)		(12	)		(36	)		—		(69	)
Balance at December 31, 2014	$	683		$	242		$	246		$	151	$	1,322

Intangible Assets

Intangible assets consisted of the following (in millions):

	December 31,
	2014			2013
Trademarks and trade names	$	310		$	316
Management and franchise agreements		519			493
Other		17			16
		846			825
Accumulated amortization		(212	)		(200	)
	$	634		$	625

Amortization Expense Relating to Intangible Assets with Finite Lives

Amortization expense relating to intangible assets with finite lives for each of the years ended December 31, is expected to be as follows (in millions):

2015	$	29
2016		27
2017		26
2018		25
2019		24