Business Segment Information (Tables)

6 Months Ended

Jun. 30, 2018

Segment Reporting [Abstract]

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

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

	Three Months Ended June 30,						Six Months Ended June 30,
	2018			2017			2018			2017
	(in millions)
Revenues:
Total consolidated hotel revenue	$	714		$	717		$	1,365		$	1,388
Other revenue		17			16			34			29
Total revenues	$	731		$	733		$	1,399		$	1,417
Hotel Adjusted EBITDA	$	228		$	213		$	402		$	393
Other revenue		17			16			34			29
Depreciation and amortization expense		(69	)		(73	)		(139	)		(143	)
Corporate general and administrative		(15	)		(16	)		(31	)		(30	)
Other expenses		(18	)		(15	)		(35	)		(28	)
Gain on sales of assets, net		7			—			96			—
Interest income		1			1			2			1
Interest expense		(31	)		(31	)		(62	)		(61	)
Equity in earnings from investments in affiliates		8			8			12			12
Loss on foreign currency transactions		(4	)		(4	)		(3	)		(3	)
Income tax (expense) benefit		(13	)		19			(13	)		2,300
Other gain (loss), net		108			(1	)		108			(1	)
Other items		(1	)		(2	)		(4	)		(4	)
Net income	$	218		$	115		$	367		$	2,465

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

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

	June 30, 2018		December 31, 2017
	(in millions)
Consolidated hotels	$	9,386	$	9,623
All other		65		91
	$	9,451	$	9,714