CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2015	Dec. 31, 2014
Current assets
Cash and equivalents		$ 96	$ 104
Accounts and notes receivable, net	[1]	1,103	1,100
Prepaid expenses		77	64
Other	[1]	30	109
Assets held for sale		78	233
Assets, current, total		1,384	1,610
Property and equipment, net		1,029	1,460
Intangible assets
Contract acquisition costs and other	[1]	1,451	1,351
Goodwill		943	894
Goodwill and intangible assets, net, total		2,394	2,245
Equity and cost method investments	[1]	165	224
Notes receivable, net		215	215
Deferred taxes, net	[1]	672	819
Other noncurrent assets	[1]	223	260
Total assets		6,082	6,833
Current liabilities
Current portion of long-term debt		300	324
Accounts payable	[1]	593	605
Accrued payroll and benefits		861	799
Liability for guest loyalty programs		952	677
Accrued expenses and other	[1]	527	633
Liabilities, current, total		3,233	3,038
Long-term debt		3,807	3,447
Liability for guest loyalty programs		1,622	1,657
Other noncurrent liabilities	[1]	1,010	891
Shareholders’ deficit
Class A Common Stock		5	5
Additional paid-in-capital		2,821	2,802
Retained earnings		4,878	4,286
Treasury stock, at cost		(11,098)	(9,223)
Accumulated other comprehensive loss		(196)	(70)
Stockholders' deficit		(3,590)	(2,200)
Liabilities and deficit, total		$ 6,082	$ 6,833

[1] See Footnote No. 17, “Related Party Transactions,” to our Consolidated Financial Statements for disclosure of related party amounts.