Discontinued Operations (Tables)

6 Months Ended

Jun. 30, 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 and six months ended June 30, 2018 (in millions):

	Three Months Ended			Six Months Ended
	June 30, 2018
FRANCHISE, MANAGEMENT AND OTHER FEE BASED REVENUES	$	25		$	58
OPERATING EXPENSES
Corporate, general, administrative and marketing		36			64
Depreciation and amortization		2			4
Total Operating Expenses		38			68
Operating Loss		(13	)		(10	)
OTHER EXPENSES:
Interest expense		(6	)		(15	)
Loss on extinguishment of debt		(7	)		(7	)
Total Other Expenses		(13	)		(22	)
Loss Before Income Taxes		(26	)		(32	)
Income tax benefit		6			7
Loss from Discontinued Operations, net of tax	$	(20	)	$	(25	)

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 six months ended June 30, 2018 (in millions):

Non-cash items included in net income (loss):
Depreciation and amortization	$	4
Amortization of deferred costs		1
Loss on extinguishment of debt		7
Equity-based compensation expense		4
Investing activities:
Capital expenditures	$	11