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Condensed Consolidated Statements of Comprehensive (Loss) Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenues        
Total revenues $ 98 $ 672 $ 739 $ 2,034
Operating expenses        
Other property-level 84 54 200 152
Management fees 2 32 27 101
Impairment and casualty loss, net 2 8 696 8
Depreciation and amortization 75 61 225 184
Corporate general and administrative 13 14 42 47
Acquisition costs 9 59 10 65
Other 6 23 31 61
Total expenses 303 635 1,844 1,776
(Loss) gain on sales of assets, net (1) 1 62 20
Operating (loss) income (206) 38 (1,043) 278
Interest income   2 2 5
Interest expense (59) (33) (149) (98)
Equity in (losses) earnings from investments in affiliates (7) 3 (16) 18
Other loss, net (3) (1) (6) (1)
(Loss) income before income taxes (275) 9 (1,212) 202
Income tax expense (1)   (14) (12)
Net (loss) income (276) 9 (1,226) 190
Net loss (income) attributable to noncontrolling interests   (4) 3 (7)
Net (loss) income attributable to stockholders (276) 5 (1,223) 183
Other comprehensive income (loss), net of tax expense:        
Currency translation adjustment, net of tax expense of $0 1 (3) 4 (2)
Change in fair value of interest rate swap, net of tax expense of $0     (6)  
Total other comprehensive income (loss) 1 (3) (2) (2)
Comprehensive (loss) income (275) 6 (1,228) 188
Comprehensive (income) loss attributable to noncontrolling interests   (4) 3 (7)
Comprehensive (loss) income attributable to stockholders $ (275) $ 2 $ (1,225) $ 181
(Loss) Earnings per share:        
(Loss) Earnings per share - Basic [1] $ (1.17) $ 0.02 $ (5.19) $ 0.90
(Loss) Earnings per share - Diluted [1] $ (1.17) $ 0.02 $ (5.19) $ 0.90
Weighted average shares outstanding - Basic 235 206 236 203
Weighted average shares outstanding - Diluted 235 207 236 204
Rooms [Member]        
Revenues        
Total revenues $ 70 $ 430 $ 453 $ 1,267
Operating expenses        
Expenses 30 114 162 334
Food and Beverage [Member]        
Revenues        
Total revenues 10 156 174 534
Operating expenses        
Expenses 18 117 155 371
Ancillary Hotel [Member]        
Revenues        
Total revenues 15 64 87 174
Other [Member]        
Revenues        
Total revenues 3 22 25 59
Other Departmental and Support [Member]        
Operating expenses        
Expenses $ 64 $ 153 $ 296 $ 453
[1] Per share amounts are calculated based on unrounded numbers and are calculated independently for each period presented.