CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
OPERATING ACTIVITIES
Net income		$ 859	$ 753	$ 626
Adjustments to reconcile to cash provided by operating activities:
Depreciation, amortization, and other	[1]	139	148	127
Share-based compensation		113	109	116
Income taxes		143	71	73
Liability for guest loyalty program		233	175	99
Working capital changes		(126)	(120)	50
Other		69	88	49
Net cash provided by operating activities		1,430	1,224	1,140
INVESTING ACTIVITIES
Capital expenditures		(305)	(411)	(296)
Dispositions		673	435	0
Loan advances		(66)	(103)	(7)
Loan collections		92	34	77
Equity and cost method investments		(7)	(6)	(16)
Contract acquisition costs		(121)	(65)	(61)
Acquisition of a business, net of cash acquired		(137)	(184)	(112)
Redemption of / (investment in) debt security		121	0	(65)
Other		117	(13)	(39)
Net cash provided by (used in) investing activities		367	(313)	(519)
FINANCING ACTIVITIES
Commercial paper/Credit Facility, net		(140)	235	311
Issuance of long-term debt		790	394	345
Repayment of long-term debt		(325)	(7)	(407)
Issuance of Class A Common Stock		40	178	199
Dividends paid		(253)	(223)	(196)
Purchase of treasury stock		(1,917)	(1,510)	(834)
Other		0	0	(1)
Net cash used in financing activities		(1,805)	(933)	(583)
(DECREASE) INCREASE IN CASH AND EQUIVALENTS		(8)	(22)	38
CASH AND EQUIVALENTS, beginning of period		104	126	88
CASH AND EQUIVALENTS, end of period		$ 96	$ 104	$ 126

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