XML 91 R33.htm IDEA: XBRL DOCUMENT

Goodwill and Intangibles (Tables)

12 Months Ended

Dec. 31, 2019

Goodwill And Intangible Assets Disclosure [Abstract]

Schedule of Goodwill Balance and Related Activity

Our goodwill balance and related activity was:

		Goodwill				Accumulated Impairment Losses				Balance
		(in millions)
Balance as of December 31, 2017		$	2,708			$	(2,102	)		$	606
Distribution to Parent			—				—				—
Foreign currency translation			1				—				1
Balance as of December 31, 2018			2,709				(2,102	)			607
Distribution to Parent			—				—				—
Foreign currency translation			—				—				—
Balance as of December 31, 2019		$	2,709			$	(2,102	)		$	607

Schedule of Intangible Assets

Intangible assets were:

		December 31,
		2019				2018
		(in millions)
Acquired below market leases⁽¹⁾		$	—			$	61
Air rights contract⁽²⁾			45				—
Other			8				10
Accumulated amortization			(7	)			(44	)
		$	46			$	27

⁽¹⁾	^{Upon adoption of ASC 842, Leases, on January 1, 2019, the balance of acquired below market leases was reclassed to Operating lease right-of-use asset within our consolidated balance sheet.}

⁽²⁾	^{In conjunction with the Merger, we acquired an air rights contract as part of the Hyatt Regency Boston, which expires in September 2079 and requires no payments through maturity.}

Schedule of Estimated Future Amortization Expense for Intangible Assets

As of December 31, 2019, we estimated our future amortization expense for our intangible assets to be:

Year		(in millions)
2020		$	1
2021			1
2022			1
2023			1
2024			1
Thereafter			41
		$	46