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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current Assets:    
Cash and cash equivalents $ 403 $ 570
Restricted cash and cash equivalents 81 100
Accounts receivable, net of allowance for doubtful accounts 1,150 1,005
Prepaid expenses 160 127
Income taxes receivable 20 36
Other 169 169
Total current assets 1,983 2,007
Intangibles and Other Assets:    
Goodwill 5,160 5,190
Brands 4,869 4,890
Management and franchise contracts, net 872 953
Other intangible assets, net 415 433
Property and equipment, net 367 353
Deferred income tax assets 90 111
Other 239 291
Total intangibles and other assets 12,012 12,221
Total assets 13,995 14,228
Current Liabilities:    
Accounts payable, accrued expenses and other 1,530 1,416
Deferred revenue, current 350 366
Current maturities of long-term debt [1] 16 46
Income taxes payable 19 12
Current portion of liability for guest loyalty program 700 622
Total current liabilities 2,615 2,462
Long-term debt 7,266 6,556
Deferred revenues 826 829
Deferred income tax liabilities 898 931
Liability for guest loyalty program 969 839
Other 863 920
Total liabilities 13,437 12,537
Commitments and contingencies
Equity:    
Preferred stock 0 0
Common stock 3 3
Treasury stock, at cost (2,625) (891)
Additional paid-in capital 10,372 10,298
Accumulated deficit (6,417) (6,981)
Accumulated other comprehensive loss (782) (741)
Total Hilton stockholders' equity 551 1,688
Noncontrolling interests 7 3
Total equity 558 1,691
Total liabilities and equity $ 13,995 $ 14,228
[1] Balance as of December 31, 2017 is net of unamortized deferred financing costs and discount attributable to current maturities of long-term debt.