Geographic and Business Segment Information (Tables)

12 Months Ended

Dec. 31, 2017

Segment Reporting [Abstract]

Reconciliation of Revenues from Consolidated Hotels to Condensed Consolidated Amounts and Hotel Adjusted EBITDA to Net Income

The following table presents revenues for our consolidated hotels reconciled to our consolidated amounts and Hotel Adjusted EBITDA to net income:

	Year Ended December 31,
	2017			2016			2015
	(in millions)
Revenues:
Total consolidated hotel revenue	$	2,727		$	2,704		$	2,668
Other revenue		64			23			20
Total revenues	$	2,791		$	2,727		$	2,688
Hotel Adjusted EBITDA	$	758		$	804		$	811
Other revenue		64			23			20
Casualty and impairment loss, net		(26	)		(15	)		—
Depreciation and amortization expense		(288	)		(300	)		(287	)
Corporate general and administrative		(68	)		(71	)		(83	)
Other expenses		(63	)		(19	)		(16	)
Interest income		2			2			1
Interest expense		(124	)		(181	)		(186	)
Equity in earnings from investments in affiliates		40			3			22
(Loss) gain on foreign currency transactions		(4	)		3			—
Income tax benefit (expense)		2,346			(82	)		(118	)
Other items(1)		(6	)		(28	)		135
Net income	$	2,631		$	139		$	299

⁽¹⁾ For 2015, includes $143 million of gain on sale of assets, net.

Schedule of Total Assets by Consolidated Hotels, Reconciled To Condensed Consolidated Amounts

The following table presents total assets for our consolidated hotels, reconciled to consolidated amounts:

	December 31,
	2017		2016
	(in millions)
Consolidated hotels	$	9,623	$	9,747
All other		91		87
	$	9,714	$	9,834

Revenues and Property and Equipment, Net for Each of Geographical Areas

The following table presents total revenues and property and equipment, net for each of the geographical areas in which we operate:

	As of and for the Year Ended December 31,
	2017				2016				2015
	Revenues		Property and Equipment, net		Revenues		Property and Equipment, net		Revenues			Property and Equipment, net
	(in millions)
United States(1)(2)	$	2,618	$	8,089	$	2,580	$	8,300		$	2,524		$	8,422
United Kingdom		96		80		80		74			94			108
All other		77		142		67		167			70			146
	$	2,791	$	8,311	$	2,727	$	8,541		$	2,688		$	8,676

⁽¹⁾ Includes revenues of $13 million for each of the years ended December 31, 2017, 2016 and 2015, respectively, from our laundry operations which is not part of our segment. Also includes property and equipment, net of $5 million, $4 million and $3 million as of December 31, 2017, 2016 and 2015, respectively, from our laundry operations.

⁽²⁾ Excludes $31 million of property and equipment, net classified as held for sale as of December 31, 2017.