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Quarterly Results (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure [Abstract]  
Schedule of Quarterly Financial Information

 

 

 

Three Months Ended

 

 

 

 

 

 

 

March 31

 

 

June 30

 

 

September 30

 

 

December 31

 

 

Year

 

 

 

(In millions, except per share data)

 

2015

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,415

 

 

$

1,481

 

 

$

1,434

 

 

$

1,433

 

 

$

5,763

 

Costs and expenses

 

$

1,262

 

 

$

1,285

 

 

$

1,234

 

 

$

1,242

 

 

$

5,023

 

Income from continuing operations

 

$

99

 

 

$

136

 

 

$

88

 

 

$

166

 

 

$

489

 

Discontinued operations

 

$

 

 

$

 

 

$

 

 

$

 

 

$

 

Net income attributable to Starwood

 

$

99

 

 

$

136

 

 

$

88

 

 

$

166

 

 

$

489

 

Earnings per share (a)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.59

 

 

$

0.80

 

 

$

0.53

 

 

$

0.99

 

 

$

2.90

 

Discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

0.59

 

 

$

0.80

 

 

$

0.53

 

 

$

0.99

 

 

$

2.90

 

Diluted —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.58

 

 

$

0.79

 

 

$

0.53

 

 

$

0.98

 

 

$

2.88

 

Discontinued operations

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

0.58

 

 

$

0.79

 

 

$

0.53

 

 

$

0.98

 

 

$

2.88

 

2014

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,458

 

 

$

1,539

 

 

$

1,493

 

 

$

1,493

 

 

$

5,983

 

Costs and expenses

 

$

1,264

 

 

$

1,302

 

 

$

1,283

 

 

$

1,251

 

 

$

5,100

 

Income from continuing operations

 

$

136

 

 

$

153

 

 

$

109

 

 

$

245

 

 

$

643

 

Discontinued operations

 

$

1

 

 

$

 

 

$

 

 

$

(11

)

 

$

(10

)

Net income attributable to Starwood

 

$

137

 

 

$

153

 

 

$

109

 

 

$

234

 

 

$

633

 

Earnings per share (a)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.71

 

 

$

0.81

 

 

$

0.60

 

 

$

1.41

 

 

$

3.49

 

Discontinued operations

 

 

0.01

 

 

 

 

 

 

 

 

 

(0.07

)

 

 

(0.06

)

Net income

 

$

0.72

 

 

$

0.81

 

 

$

0.60

 

 

$

1.34

 

 

$

3.43

 

Diluted —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.71

 

 

$

0.80

 

 

$

0.59

 

 

$

1.40

 

 

$

3.46

 

Discontinued operations

 

 

0.01

 

 

 

 

 

 

 

 

 

(0.07

)

 

 

(0.06

)

Net income

 

$

0.72

 

 

$

0.80

 

 

$

0.59

 

 

$

1.33

 

 

$

3.40

 

 

(a)

Amounts presented are attributable to Starwood’s common stockholders.