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Segment Information (Tables)
6 Months Ended
Jun. 30, 2016
Segment Reporting [Abstract]  
Revenues and Segment Earnings

The following tables present revenues and segment earnings for our reportable segments (in millions):

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

$

344

 

 

$

360

 

 

$

655

 

 

$

703

 

EAME

 

114

 

 

 

133

 

 

 

200

 

 

 

231

 

Asia Pacific

 

69

 

 

 

67

 

 

 

137

 

 

 

132

 

Total segment revenues

 

527

 

 

 

560

 

 

 

992

 

 

 

1,066

 

Other revenues from managed and franchised hotels

 

680

 

 

 

653

 

 

 

1,333

 

 

 

1,281

 

Other corporate revenues — unallocated

 

39

 

 

 

28

 

 

 

65

 

 

 

53

 

 

$

1,246

 

 

$

1,241

 

 

$

2,390

 

 

$

2,400

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

June 30,

 

 

June 30,

 

 

2016

 

 

2015

 

 

2016

 

 

2015

 

Segment earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Americas

$

178

 

 

$

177

 

 

$

331

 

 

$

335

 

EAME

 

52

 

 

 

51

 

 

 

81

 

 

 

80

 

Asia Pacific

 

42

 

 

 

44

 

 

 

90

 

 

 

90

 

Total segment earnings

 

272

 

 

 

272

 

 

 

502

 

 

 

505

 

Other corporate income — unallocated

 

37

 

 

 

29

 

 

 

65

 

 

 

55

 

Corporate selling, general, administrative and other expenses

   — unallocated

 

(33

)

 

 

(41

)

 

 

(67

)

 

 

(84

)

Gain (loss) on asset dispositions and impairments, net

 

(114

)

 

 

 

 

 

(112

)

 

 

14

 

Restructuring and other special (charges) credits

 

(16

)

 

 

(12

)

 

 

(48

)

 

 

(37

)

Adjustments to equity earnings (a)

 

(8

)

 

 

(7

)

 

 

(16

)

 

 

(12

)

Interest expense

 

(26

)

 

 

(27

)

 

 

(48

)

 

 

(56

)

Depreciation and amortization

 

(60

)

 

 

(63

)

 

 

(120

)

 

 

(123

)

Income tax expense

 

(87

)

 

 

(33

)

 

 

(118

)

 

 

(69

)

Discontinued operations

 

(228

)

 

 

18

 

 

 

(211

)

 

 

42

 

Net income attributable to Starwood

$

(263

)

 

$

136

 

 

$

(173

)

 

$

235

 

 

 

(a)

Includes impairment losses, certain gains on hotel sales, interest expense, depreciation and amortization expense related to equity earnings not allocated to segment earnings.