RELATED PARTY TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2017

The following tables present financial data resulting from transactions with these related parties:

Income Statement Data



($ in millions)	2017			2016			2015
Base management fees	$	28		$	18		$	15
Incentive management fees	15			10			3
Owned, leased, and other revenue	2			—			1
Cost reimbursements	360			193			197
Total revenue	$	405		$	221		$	216

Reimbursed costs	$	(360	)	$	(193	)	$	(197	)
Depreciation, amortization, and other	(5		)	(2		)	(2		)
General, administrative, and other	(1		)	—			(1		)
Gains and other income, net	658			1			—
Interest income	4			5			5
Equity in earnings	39			10			16

Balance Sheet Data



($ in millions)	At Year-End 2017			At Year-End 2016
Current assets
Accounts and notes receivable, net	$	42		$	27
Prepaid expenses and other	1			1
Intangible assets
Contract acquisition costs and other	48			23
Equity method investments	734			723
Deferred tax assets	—			6
Other noncurrent assets	17			17
Current liabilities
Accounts payable	(11		)	(4		)
Accrued expenses and other	(18		)	(22		)
Deferred tax liabilities	(41		)	(56		)
Other noncurrent liabilities	(2		)	(4		)

The following tables present summarized financial information for the entities in which we have equity method investments:



($ in millions)	At Year-End 2017		At Year-End 2016
Assets (primarily composed of hotel real estate managed by us)	$	2,234	$	2,249
Liabilities	$	1,649	$	1,677


⁽¹⁾	2016 sales and net income for entities in which we acquired an investment through the Starwood Combination are for the period from the Merger Date to year-end 2016.