XML 42 R31.htm IDEA: XBRL DOCUMENT v3.19.1
Business Segment Information (Tables)
3 Months Ended
Mar. 31, 2019
Segment Reporting [Abstract]  
Reconciliation of Revenue And Adjusted Earnings Before Income Tax Depreciation Amortization From Segments To Consolidated Amounts [Table Text Block]

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

 

 

 

Three Months Ended March 31,

 

 

 

2019

 

 

2018

 

 

 

(in millions)

 

Revenues:

 

 

 

 

 

 

 

 

Total consolidated hotel revenue

 

$

641

 

 

$

651

 

Other revenues

 

 

18

 

 

 

17

 

Total revenues

 

$

659

 

 

$

668

 

 

 

 

 

 

 

 

 

 

Hotel Adjusted EBITDA

 

$

181

 

 

$

174

 

Other revenues

 

 

18

 

 

 

17

 

Depreciation and amortization expense

 

 

(62

)

 

 

(70

)

Corporate general and administrative expense

 

 

(17

)

 

 

(16

)

Other expenses

 

 

(20

)

 

 

(17

)

Gain on sales of assets, net

 

 

31

 

 

 

89

 

Interest income

 

 

1

 

 

 

1

 

Interest expense

 

 

(32

)

 

 

(31

)

Equity in earnings from investments in affiliates

 

 

5

 

 

 

4

 

Gain on foreign currency transactions

 

 

 

 

 

1

 

Income tax expense

 

 

(7

)

 

 

 

Other gain, net

 

 

1

 

 

 

 

Other items

 

 

(2

)

 

 

(3

)

Net income

 

$

97

 

 

$

149

 

 

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 consolidated amounts:

 

 

 

March 31, 2019

 

 

December 31, 2018

 

 

 

(in millions)

 

Consolidated hotels

 

$

9,327

 

 

$

9,305

 

All other

 

 

67

 

 

 

58

 

Total

 

$

9,394

 

 

$

9,363