CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current assets
Cash and equivalents	$ 366	$ 383
Accounts and notes receivable, net	2,174	1,973
Prepaid expenses and other	264	235
Assets held for sale	13	149
Assets, current, total	2,817	2,740
Property and equipment, net	1,958	1,793
Intangible assets
Goodwill	9,103	9,207
Goodwill and intangible assets, net, total	17,543	17,751
Equity method investments	638	734
Notes receivable, net	121	142
Deferred tax assets	171	93
Other noncurrent assets	596	593
Total assets	23,844	23,846
Current liabilities
Current portion of long-term debt	616	398
Accounts payable	834	783
Accrued payroll and benefits	1,176	1,214
Accrued expenses and other	1,101	1,291
Liabilities, current, total	5,904	5,807
Long-term debt	8,375	7,840
Deferred tax liabilities	567	605
Other noncurrent liabilities	2,198	2,610
Shareholders’ equity
Class A Common Stock	5	5
Additional paid-in-capital	5,728	5,770
Retained earnings	8,363	7,242
Treasury stock, at cost	(11,011)	(9,418)
Accumulated other comprehensive loss	(244)	(17)
Stockholders' equity (deficit) attributable to parent	2,841	3,582
Liabilities and equity (deficit), total	23,844	23,846
Brands
Intangible assets
Intangible assets	5,842	5,922
Contract acquisition costs and other
Intangible assets
Intangible assets	2,598	2,622
Liability for guest loyalty programs
Current liabilities
Liability for guest loyalty programs	2,177	2,121
Contract with customer	3,314	2,819
Deferred revenue
Current liabilities
Contract with customer	$ 645	$ 583