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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 31, 2015
Related Party Transactions [Abstract]  
Related Party Transactions
RELATED PARTY TRANSACTIONS
Equity Method Investments
We have equity method investments in entities that own properties for which we provide management and/or franchise services and receive fees. We also have equity method investments in entities that provide management and/or franchise services to hotels and receive fees. In addition, in some cases we provide loans, preferred equity, or guarantees to these entities. Undistributed earnings attributable to our equity method investments represented approximately $2 million of our consolidated retained earnings at year-end 2015.
The following tables present financial data resulting from transactions with these related parties:
Income Statement Data
($ in millions)
2015
 
2014
 
2013
Base management fees
$
15

 
$
17

 
$
17

Incentive management fees
3

 
6

 
1

Owned, leased, and other revenue
1

 
1

 
1

Cost reimbursements
197

 
226

 
236

Total revenue
$
216

 
$
250

 
$
255

Reimbursed costs
$
(197
)
 
$
(226
)
 
$
(236
)
Depreciation, amortization, and other
(2
)
 
(2
)
 
(2
)
General, administrative, and other
(1
)
 
(2
)
 
(3
)
Interest income
5

 
5

 
4

Equity in earnings (losses)
16

 
6

 
(5
)

Balance Sheet Data
($ in millions)
At Year-End 2015
 
At Year-End 2014
Current assets
 
 
 
Accounts and notes receivable, net
$
29

 
$
26

Other
1

 
1

Intangible assets
 
 
 
Contract acquisition costs and other
30

 
20

Equity and cost method investments
159

 
210

Deferred taxes, net
(4
)
 
13

Other noncurrent assets
17

 
19

Current liabilities

 

Accounts payable
(10
)
 
(10
)
Accrued expenses and other
(12
)
 
(20
)
Other noncurrent liabilities
(3
)
 
(3
)

Summarized information for the entities in which we have equity method investments is as follows:
Income Statement Data
($ in millions)
2015
 
2014
 
2013
Sales
$
615

 
$
752

 
$
727

Net income
$
44

 
$
38

 
$
11


Balance Sheet Summary
($ in millions)
At Year-End 2015
 
At Year-End 2014
Assets (primarily composed of hotel real estate managed by us)
$
1,218

 
$
1,499

Liabilities
$
1,110

 
$
1,287


Other Related Parties
We received management fees of approximately $13 million in 2015, $12 million in 2014, and $11 million in 2013, plus reimbursement of certain expenses, from our operation of properties owned by JWM Family Enterprises, L.P., which is beneficially owned and controlled by J.W. Marriott, Jr., Deborah Marriott Harrison, and other members of the Marriott family.