Discontinued Operations (Tables)

3 Months Ended

Mar. 31, 2019

Discontinued Operations And Disposal Groups [Abstract]

Summary of Hotel Franchise and Hotel Management Business Presented as Discontinued Operations

The following table summarizes the results of the hotel franchise and hotel management business which are presented as discontinued operations for the three months ended March 31, 2018 (in millions):

FRANCHISE, MANAGEMENT AND OTHER FEE BASED REVENUES	$	33
OPERATING EXPENSES
Corporate, general, administrative and marketing		28
Depreciation and amortization		2
Total Operating Expenses		30
Operating Income		3
OTHER EXPENSES:
Interest expense		(9	)
Total Other Expenses		(9	)
Loss Before Income Taxes		(6	)
Income tax benefit		1
Loss from Discontinued Operations, net of tax	$	(5	)

Summary of Selected Financial Information of LQH Parent Included in Condensed Consolidated Statements of Cash Flows

As such, the following table presents selected financial information of LQH Parent included in the condensed consolidated statements of cash flows for the three months ended March 31, 2018 (in millions):

Non-cash items included in net income (loss):
Depreciation and amortization	$	2
Amortization of deferred costs		1
Equity-based compensation expense		2
Investing activities:
Capital expenditures	$	3