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Segment Information (Tables)
3 Months Ended
Mar. 31, 2016
Segment Reporting [Abstract]  
Revenues and Segment Earnings

The following tables present revenues and segment earnings for our reportable segments (in millions):

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2016

 

 

2015

 

Revenues:

 

 

 

 

 

 

 

 

Americas

 

$

342

 

 

$

369

 

EAME

 

 

86

 

 

 

98

 

Asia Pacific

 

 

68

 

 

 

65

 

Vacation ownership and residential

 

 

184

 

 

 

186

 

Total segment revenues

 

 

680

 

 

 

718

 

Other revenues from managed and franchised hotels

 

 

698

 

 

 

672

 

Other corporate revenues — unallocated

 

 

26

 

 

 

25

 

 

 

$

1,404

 

 

$

1,415

 

 

 

 

Three Months Ended

 

 

 

March 31,

 

 

 

2016

 

 

2015

 

Segment earnings:

 

 

 

 

 

 

 

 

Americas

 

$

167

 

 

$

165

 

EAME

 

 

29

 

 

 

29

 

Asia Pacific

 

 

48

 

 

 

46

 

Vacation ownership and residential

 

 

42

 

 

 

49

 

Total segment earnings

 

 

286

 

 

 

289

 

Other corporate income — unallocated

 

 

28

 

 

 

26

 

Corporate selling, general, administrative and other expenses — unallocated

 

 

(33

)

 

 

(41

)

Gain (loss) on asset dispositions and impairments, net

 

 

2

 

 

 

14

 

Restructuring and other special (charges) credits

 

 

(39

)

 

 

(31

)

Adjustments to equity earnings (a)

 

 

(7

)

 

 

(5

)

Interest expense

 

 

(24

)

 

 

(32

)

Depreciation and amortization

 

 

(70

)

 

 

(69

)

Income tax expense

 

 

(53

)

 

 

(52

)

Net income attributable to Starwood

 

$

90

 

 

$

99

 

 

 

 

(a)

Includes impairment losses, certain gains on hotel sales, interest expense, depreciation and amortization expense related to equity earnings not allocated to segment earnings.