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Property and Equipment
12 Months Ended
Dec. 31, 2017
Property Plant And Equipment [Abstract]  
Property and Equipment

Note 6: Property and Equipment

Property and equipment and related accumulated depreciation were as follows:

 

 

December 31,

 

($ in millions)

 

2017

 

 

2016

 

Land

 

$

53

 

 

$

71

 

Buildings and leasehold improvements

 

 

182

 

 

 

185

 

Furniture and equipment

 

 

48

 

 

 

44

 

Construction-in-progress

 

 

20

 

 

 

12

 

 

 

 

303

 

 

 

312

 

Accumulated depreciation

 

 

(65

)

 

 

(56

)

 

 

$

238

 

 

$

256

 

 

In 2017, we had non-cash transfers from property and equipment to inventory.  See Note 21: Supplemental Disclosure of Cash Flow Information for additional information.

In 2016, Hilton transferred certain property and equipment to us for future conversion to vacation ownership units. See Note 18: Related Party Transactions for further discussion.

Depreciation expense on property and equipment was $17 million, $12 million, and $10 million for the years ended December 31, 2017, 2016 and 2015 respectively.