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Condensed Consolidated Statements of Comprehensive Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2018
Jun. 30, 2017
Revenues        
Total revenues $ 731 $ 733 $ 1,399 $ 1,417
Operating expenses        
Other property-level 50 51 103 102
Management and franchise fees 39 39 72 73
Depreciation and amortization 69 73 139 143
Corporate general and administrative 15 16 31 30
Other 18 15 35 28
Total expenses 589 610 1,172 1,200
Gain on sales of assets, net 7   96  
Operating income 149 123 323 217
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)
Other gain (loss), net 108 (1) 108 (1)
Income before income taxes 231 96 380 165
Income tax (expense) benefit (13) 19 (13) 2,300
Net income 218 115 367 2,465
Net income attributable to noncontrolling interests (2) (3) (1) (3)
Net income attributable to stockholders 216 112 366 2,462
Other comprehensive income, net of tax benefit (expense):        
Currency translation adjustment, net of tax of $1, $0, $1, and $0   7 37 14
Total other comprehensive income   7 37 14
Comprehensive income 218 122 404 2,479
Comprehensive income attributable to noncontrolling interests (2) (3) (1) (3)
Comprehensive income attributable to stockholders $ 216 $ 119 $ 403 $ 2,476
Earnings per share:        
Earnings per share - Basic [1] $ 1.07 $ 0.52 $ 1.77 $ 11.79
Earnings per share - Diluted [1] $ 1.07 $ 0.52 $ 1.77 $ 11.48
Weighted average shares outstanding - Basic 200 214 205 208
Weighted average shares outstanding - Diluted 201 215 206 214
Dividends declared per common share $ 0.88 $ 0.43 $ 1.31 $ 0.86
Rooms [Member]        
Revenues        
Total revenues $ 451 $ 469 $ 869 $ 901
Operating expenses        
Expenses 112 118 224 231
Food and Beverage [Member]        
Revenues        
Total revenues 205 200 388 392
Operating expenses        
Expenses 131 132 257 263
Ancillary Hotel [Member]        
Revenues        
Total revenues 58 48 108 95
Other [Member]        
Revenues        
Total revenues 17 16 34 29
Other Departmental and Support [Member]        
Operating expenses        
Expenses $ 155 $ 166 $ 311 $ 330
[1] Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented, therefore, the sum of the quarterly EPS does not equal the EPS for the six months.