BUSINESS SEGMENTS (Tables)

12 Months Ended

Dec. 31, 2015

Segment Reporting [Abstract]

Revenues

Segment Revenues

($ in millions)	2015		2014		2013
North American Full-Service Segment	$	8,825	$	8,323	$	7,978
North American Limited-Service Segment	3,193		2,962		2,583
International	2,200		2,255		1,957
Total segment revenues (1)	14,218		13,540		12,518
Other unallocated corporate	268		256		266
Total consolidated revenues	$	14,486	$	13,796	$	12,784

⁽¹⁾  Revenues attributed to operations located outside the United States were $2,761 million in 2015, $2,518 million in 2014, and $2,149 million in 2013.

Net Income

Segment Profits

($ in millions)	2015			2014			2013
North American Full-Service Segment	$	561		$	524		$	490
North American Limited-Service Segment	651			574			479
International	292			295			228
Total segment profits (1)	1,504			1,393			1,197
Other unallocated corporate	(111		)	(220		)	(203		)
Interest expense and interest income	(138		)	(85		)	(97		)
Income taxes	(396		)	(335		)	(271		)
	$	859		$	753		$	626

⁽¹⁾  Segment profits attributed to operations located outside the United States were $329 million in 2015, $327 million in 2014, and $269 million in 2013. The 2015 segment profits consisted of segment profits of $98 million from Asia Pacific, $94 million from Europe, $63 million from the Caribbean and Latin America, $37 million from Canada, and $37 million from the Middle East and Africa.

Depreciation and Amortization

Depreciation and Amortization

($ in millions)	2015		2014		2013
North American Full-Service Segment	$	55	$	52	$	57
North American Limited-Service Segment	21		22		21
International	40		42		42
Total segment depreciation and amortization	116		116		120
Other unallocated corporate (1)	23		32		7
	$	139	$	148	$	127

⁽¹⁾  Includes impairment charges of $12 million in 2015 and$25 million in 2014 on EDITION hotels and residences. See Footnote No. 3, “Acquisitions and Dispositions” for more information.

Capital Expenditures

Capital Expenditures

($ in millions)	2015		2014		2013
North American Full-Service Segment	$	120	$	251	$	145
North American Limited-Service Segment	7		5		8
International	86		87		93
Total segment capital expenditures	213		343		246
Other unallocated corporate	92		68		50
	$	305	$	411	$	296