2016 Q4 Form 8-K Financial Statement

#000158568917000167 Filed on July 26, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2015 Q3
Revenue $1.839B $1.811B $1.847B
YoY Change 1.55% -35.96% -30.14%
Cost Of Revenue $368.0M $937.0M $1.063B
YoY Change -60.73% -9.73% 17.33%
Gross Profit $665.0M -$2.220B $1.832B
YoY Change -129.95% -224.02% 5.41%
Gross Profit Margin 36.16% -122.58% 99.19%
Selling, General & Admin $420.0M -$1.598B $1.162B
YoY Change -126.28% -235.77% 2.47%
% of Gross Profit 63.16% 63.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $164.0M $173.0M $171.0M
YoY Change -5.2% 9.49% 7.55%
% of Gross Profit 24.66% 9.33%
Operating Expenses $527.0M -$1.683B $1.333B
YoY Change -131.31% -226.07% 3.09%
Operating Profit $244.0M $231.0M $391.0M
YoY Change 5.63% -49.23% -12.13%
Interest Expense -$28.00M $1.000M $138.0M
YoY Change -2900.0% -100.62% -11.54%
% of Operating Profit -11.48% 0.43% 35.29%
Other Income/Expense, Net $17.00M $57.00M $1.000M
YoY Change -70.18% -5800.0% -95.83%
Pretax Income $149.0M -$622.0M $530.0M
YoY Change -123.95% -312.29% 68.79%
Income Tax $546.0M -$903.0M $247.0M
% Of Pretax Income 366.44% 46.6%
Net Earnings -$387.0M $814.0M $279.0M
YoY Change -147.54% 415.19% 52.46%
Net Earnings / Revenue -21.04% 44.95% 15.11%
Basic Earnings Per Share -$1.18 $2.47 $0.85
Diluted Earnings Per Share -$1.18 $2.47 $0.85
COMMON SHARES
Basic Shares Outstanding 989.8M shares 987.5M shares 987.0M shares
Diluted Shares Outstanding 989.0M shares

Balance Sheet

Concept 2016 Q4 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.062B $609.0M $628.0M
YoY Change 74.38% 7.6% 15.65%
Cash & Equivalents $1.062B $513.0M $628.0M
Short-Term Investments
Other Short-Term Assets $39.00M $35.00M $38.00M
YoY Change 11.43% -61.11% -32.14%
Inventory $541.0M $442.0M $430.0M
Prepaid Expenses $89.00M $112.0M $182.0M
Receivables $755.0M $664.0M $929.0M
Other Receivables $13.00M $226.0M $143.0M
Total Short-Term Assets $3.557B $2.585B $2.646B
YoY Change 37.6% 3.44% 9.61%
LONG-TERM ASSETS
Property, Plant & Equipment $341.0M $411.0M $9.132B
YoY Change -17.03% -94.51% 0.09%
Goodwill $5.218B $5.280B $5.902B
YoY Change -1.17% -1.49% -4.58%
Intangibles $1.410B $1.735B
YoY Change -18.73% -12.37%
Long-Term Investments $105.0M $129.0M $145.0M
YoY Change -18.6% -15.69% -7.64%
Other Assets $408.0M $332.0M $368.0M
YoY Change 22.89% -6.74% -5.64%
Total Long-Term Assets $22.65B $23.04B $23.29B
YoY Change -1.66% -2.49% -2.61%
TOTAL ASSETS
Total Short-Term Assets $3.557B $2.585B $2.646B
Total Long-Term Assets $22.65B $23.04B $23.29B
Total Assets $26.21B $25.62B $25.93B
YoY Change 2.3% -1.93% -1.49%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $314.0M $268.0M $2.261B
YoY Change 17.16% -10.37% 12.88%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $33.00M $204.0M $248.0M
YoY Change -83.82% 48.91% 95.28%
Total Short-Term Liabilities $2.684B $2.465B $2.558B
YoY Change 8.88% 9.22% 19.53%
LONG-TERM LIABILITIES
Long-Term Debt $6.583B $10.25B $10.57B
YoY Change -35.77% -11.3% -11.47%
Other Long-Term Liabilities $1.492B $1.265B $1.238B
YoY Change 17.94% 8.3% 5.0%
Total Long-Term Liabilities $1.492B $1.265B $1.238B
YoY Change 17.94% 8.3% 5.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.684B $2.465B $2.558B
Total Long-Term Liabilities $1.492B $1.265B $1.238B
Total Liabilities $20.36B $19.67B $20.75B
YoY Change 3.51% -8.13% -3.81%
SHAREHOLDERS EQUITY
Retained Earnings -$3.323B -$3.392B -$4.137B
YoY Change -2.03% -27.18% -14.1%
Common Stock $3.000M $3.000M $10.00M
YoY Change 0.0% -70.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $0.00
YoY Change
Treasury Stock Shares 9.589K shares
Shareholders Equity $5.899B $5.985B $5.214B
YoY Change
Total Liabilities & Shareholders Equity $26.21B $25.62B $25.93B
YoY Change 2.3% -1.93% -1.49%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income -$387.0M $814.0M $279.0M
YoY Change -147.54% 415.19% 52.46%
Depreciation, Depletion And Amortization $164.0M $173.0M $171.0M
YoY Change -5.2% 9.49% 7.55%
Cash From Operating Activities $341.0M $455.0M $343.0M
YoY Change -25.05% -2.57% -11.37%
INVESTING ACTIVITIES
Capital Expenditures -$80.00M -$130.0M -$78.00M
YoY Change -38.46% 9.24% -35.0%
Acquisitions
YoY Change
Other Investing Activities $3.000M $29.00M $335.0M
YoY Change -89.66% 222.22% 717.07%
Cash From Investing Activities -$77.00M -$101.0M $257.0M
YoY Change -23.76% -8.18% -425.32%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 311.0M -326.0M -475.0M
YoY Change -195.4% -0.31% 57.28%
NET CHANGE
Cash From Operating Activities 341.0M 455.0M 343.0M
Cash From Investing Activities -77.00M -101.0M 257.0M
Cash From Financing Activities 311.0M -326.0M -475.0M
Net Change In Cash 575.0M 28.00M 125.0M
YoY Change 1953.57% -6.67% 1983.33%
FREE CASH FLOW
Cash From Operating Activities $341.0M $455.0M $343.0M
Capital Expenditures -$80.00M -$130.0M -$78.00M
Free Cash Flow $421.0M $585.0M $421.0M
YoY Change -28.03% -0.17% -16.96%

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GoodwillForeignCurrencyTranslationGainLoss
-44000000 USD
CY2016 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-62000000 USD
CY2015 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
36000000 USD
CY2014 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
174000000 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
876000000 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-18000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
181000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
262000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
934000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
333000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
533000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-378000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
179000000 USD
CY2015Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1000000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
40000000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
153000000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
689000000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
881000000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
191000000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
100000000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
89000000 USD
CY2016Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-388000000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-8000000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.53
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.00
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.11
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.47
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.09
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
2.67
CY2016Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.58
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.29
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.27
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.20
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.05
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.53
CY2015Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.00
CY2015Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.11
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.47
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.09
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
2.66
CY2016Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.58
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.29
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.27
CY2016Q4 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.20
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.05
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
503000000 USD
CY2015Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
151000000 USD
CY2015Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
127000000 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
130000000 USD
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
127000000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
535000000 USD
CY2016Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
119000000 USD
CY2016Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
144000000 USD
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
103000000 USD
CY2016Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
6000000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
372000000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-348000000 USD
CY2014 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2015 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2016 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
0 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
154000000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
564000000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
8000000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
14000000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-65000000 USD
CY2014 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2015 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
-628000000 USD
CY2016 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
0 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
52000000 USD
CY2015 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
108000000 USD
CY2016 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
119000000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
116000000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
187000000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
194000000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
13000000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
11000000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
23000000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2014 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-5000000 USD
CY2015 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-5000000 USD
CY2016 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-6000000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
7000000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
17000000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
23000000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
46000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
106000000 USD
CY2016 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
71000000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
7000000 USD
CY2015 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2016 us-gaap Income Tax Reconciliation Tax Exempt Income
IncomeTaxReconciliationTaxExemptIncome
0 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
429000000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
475000000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
677000000 USD
CY2015Q4 us-gaap Income Taxes Receivable
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97000000 USD
CY2016Q4 us-gaap Income Taxes Receivable
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13000000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8000000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
90000000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
232000000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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143000000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
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47000000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
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143000000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
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10000000 USD
CY2015 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
13000000 USD
CY2016 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
28000000 USD
CY2014 us-gaap Increase Decrease In Customer Loyalty Program Liability
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206000000 USD
CY2014 us-gaap Interest Expense
InterestExpense
416000000 USD
CY2015 us-gaap Interest Expense
InterestExpense
377000000 USD
CY2015 us-gaap Increase Decrease In Customer Loyalty Program Liability
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64000000 USD
CY2016 us-gaap Increase Decrease In Customer Loyalty Program Liability
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154000000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1410000000 USD
CY2015 us-gaap Increase Decrease In Prepaid Expense
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27000000 USD
CY2016 us-gaap Increase Decrease In Prepaid Expense
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0 USD
CY2015Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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4919000000 USD
CY2016Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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4848000000 USD
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CY2015 us-gaap Increase Decrease In Deferred Revenue
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CY2016 us-gaap Increase Decrease In Deferred Revenue
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CY2014 us-gaap Increase Decrease In Finance Receivables
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27000000 USD
CY2015 us-gaap Increase Decrease In Finance Receivables
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49000000 USD
CY2016 us-gaap Increase Decrease In Finance Receivables
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54000000 USD
CY2014 us-gaap Increase Decrease In Income Taxes Receivable
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57000000 USD
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CY2014 us-gaap Increase Decrease In Inventories
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-56000000 USD
CY2015 us-gaap Increase Decrease In Inventories
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39000000 USD
CY2016 us-gaap Increase Decrease In Inventories
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-15000000 USD
CY2014 us-gaap Increase Decrease In Other Current Assets
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10000000 USD
CY2015 us-gaap Increase Decrease In Other Current Assets
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CY2016 us-gaap Increase Decrease In Other Current Assets
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2000000 USD
CY2014 us-gaap Increase Decrease In Other Noncurrent Liabilities
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12000000 USD
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154000000 USD
CY2016 us-gaap Increase Decrease In Other Noncurrent Liabilities
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199000000 USD
CY2014 us-gaap Increase Decrease In Prepaid Expense
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8000000 USD
CY2016 us-gaap Interest Expense
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394000000 USD
CY2014 us-gaap Interest Paid
InterestPaid
514000000 USD
CY2015 us-gaap Interest Paid
InterestPaid
485000000 USD
CY2016 us-gaap Interest Paid
InterestPaid
478000000 USD
CY2015Q4 us-gaap Land
Land
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CY2016Q4 us-gaap Land
Land
12000000 USD
CY2015Q4 us-gaap Liabilities
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CY2016Q4 us-gaap Liabilities
Liabilities
20362000000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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25622000000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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26211000000 USD
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2465000000 USD
CY2016Q4 us-gaap Liabilities Current
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2684000000 USD
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812000000 USD
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774000000 USD
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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7144000000 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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6894000000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations
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5887000000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations
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6583000000 USD
CY2015Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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7000000 USD
CY2016Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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33000000 USD
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227000000 USD
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279000000 USD
CY2015Q4 us-gaap Net Income Loss
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814000000 USD
CY2015 us-gaap Net Income Loss
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1404000000 USD
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230000000 USD
CY2016 us-gaap Management Fees Base Revenue
ManagementFeesBaseRevenue
242000000 USD
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133000000 USD
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138000000 USD
CY2016 us-gaap Management Fees Incentive Revenue
ManagementFeesIncentiveRevenue
142000000 USD
CY2015Q4 us-gaap Minority Interest
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CY2016Q4 us-gaap Minority Interest
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MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5000000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
8000000 USD
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MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
32000000 USD
CY2014 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
CY2016Q4 us-gaap Multiemployer Plans Accumulated Benefit Obligation
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405000000 USD
CY2016Q4 us-gaap Multiemployer Plans Plan Assets
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289000000 USD
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CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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414000000 USD
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1307000000 USD
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1446000000 USD
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1365000000 USD
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673000000 USD
CY2015Q1 us-gaap Net Income Loss
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150000000 USD
CY2015Q2 us-gaap Net Income Loss
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161000000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
309000000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
239000000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
187000000 USD
CY2016Q4 us-gaap Net Income Loss
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CY2016 us-gaap Net Income Loss
NetIncomeLoss
348000000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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9000000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
12000000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
16000000 USD
CY2016 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Adoption Quantification
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5000000 USD
CY2016 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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4000000 USD
CY2016Q4 us-gaap Number Of Countries In Which Entity Operates
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104 Country
CY2016 us-gaap Number Of Operating Segments
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2
CY2014 us-gaap Operating Income Loss
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703000000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
143000000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
135000000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
391000000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
231000000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
900000000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
170000000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
273000000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
265000000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
244000000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
952000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
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1617000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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175000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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133000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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142000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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147000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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157000000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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863000000 USD
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127000000 USD
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104000000 USD
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OperatingLeasesRentExpenseContingentRentals
98000000 USD
CY2014 us-gaap Operating Leases Rent Expense Minimum Rentals
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247000000 USD
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244000000 USD
CY2016 us-gaap Operating Leases Rent Expense Minimum Rentals
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224000000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
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374000000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
348000000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
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322000000 USD
CY2016Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
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385000000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
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390000000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
404000000 USD
CY2015Q4 us-gaap Other Assets Current
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35000000 USD
CY2016Q4 us-gaap Other Assets Current
OtherAssetsCurrent
39000000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
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332000000 USD
CY2016Q4 us-gaap Other Assets Noncurrent
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408000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-4000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-4000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
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-4000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
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CY2015 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2016 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-9000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-7000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-134000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Tax
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0 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
73000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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8000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
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CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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-156000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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45000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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15000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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57000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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27000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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10000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Before Tax
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CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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0 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Tax
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OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
3000000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
5000000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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5000000 USD
CY2014 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
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40000000 USD
CY2016 us-gaap Other Expenses
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51000000 USD
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CY2016Q4 us-gaap Other Finite Lived Intangible Assets Gross
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1158000000 USD
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80000000 USD
CY2015 us-gaap Other Hotel Operating Revenue
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71000000 USD
CY2016 us-gaap Other Hotel Operating Revenue
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82000000 USD
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523000000 USD
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447000000 USD
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CY2016Q4 us-gaap Other Liabilities Noncurrent
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1492000000 USD
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20000000 USD
CY2015 us-gaap Other Nonoperating Income Expense
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51000000 USD
CY2016 us-gaap Other Nonoperating Income Expense
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14000000 USD
CY2014 us-gaap Other Operating Activities Cash Flow Statement
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CY2015 us-gaap Other Operating Activities Cash Flow Statement
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112000000 USD
CY2016Q4 us-gaap Other Sundry Liabilities Noncurrent
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107000000 USD
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36000000 USD
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9000000 USD
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0 USD
CY2016 us-gaap Payments Of Debt Issuance Costs
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76000000 USD
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277000000 USD
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PaymentsRelatedToTaxWithholdingForShareBasedCompensation
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15000000 USD
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1402000000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2014 us-gaap Payments To Acquire Intangible Assets
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65000000 USD
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PaymentsToAcquireIntangibleAssets
37000000 USD
CY2016 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
55000000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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268000000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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310000000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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317000000 USD
CY2014 us-gaap Payments To Acquire Software
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69000000 USD
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62000000 USD
CY2016 us-gaap Payments To Acquire Software
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81000000 USD
CY2014 us-gaap Payments To Minority Shareholders
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5000000 USD
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8000000 USD
CY2016 us-gaap Payments To Minority Shareholders
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32000000 USD
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0.01
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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CY2015Q4 us-gaap Preferred Stock Shares Authorized
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3000000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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3000000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
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CY2016Q4 us-gaap Preferred Stock Value
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112000000 USD
CY2016Q4 us-gaap Prepaid Expense Current
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89000000 USD
CY2016 us-gaap Prior Period Reclassification Adjustment
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7000000 USD
CY2014 us-gaap Proceeds From Contributed Capital
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13000000 USD
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0 USD
CY2016 us-gaap Proceeds From Contributed Capital
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0 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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77000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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2000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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2000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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2000000 USD
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350000000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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48000000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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4715000000 USD
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0 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
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44000000 USD
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2205000000 USD
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CY2016 us-gaap Profit Loss
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411000000 USD
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CY2015Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
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64 Hotel
CY2016Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
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61 Hotel
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CY2014 us-gaap Reimbursement Revenue
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CY2016 us-gaap Reimbursement Revenue
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4310000000 USD
CY2014 us-gaap Repayments Of Debt And Capital Lease Obligations
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1624000000 USD
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4359000000 USD
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120000000 USD
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121000000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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120000000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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121000000 USD
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CY2014 us-gaap Revenues
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CY2015Q4 us-gaap Revenues
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CY2015 us-gaap Revenues
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1950000000 USD
CY2016Q3 us-gaap Revenues
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CY2016 us-gaap Revenues
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116000000 USD
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122000000 USD
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87000000 USD
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131000000 USD
CY2014 us-gaap Share Based Compensation
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78000000 USD
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ShareBasedCompensation
124000000 USD
CY2016 us-gaap Share Based Compensation
ShareBasedCompensation
65000000 USD
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300000 USD
CY2014 us-gaap Stock Granted During Period Value Sharebased Compensation
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101000000 USD
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115000000 USD
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62000000 USD
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4276000000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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4714000000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5951000000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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5849000000 USD
CY2016 us-gaap Stockholders Equity Reverse Stock Split
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1-for-3
CY2013Q4 us-gaap Unrecognized Tax Benefits
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323000000 USD
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296000000 USD
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315000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
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174000000 USD
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3000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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4000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
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0 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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63000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
4000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
204000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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1000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
21000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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26000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
30000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
8000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
4000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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10000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
8000000 USD
CY2016 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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9000000 USD
CY2014 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
32000000 USD
CY2015 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
25000000 USD
CY2015Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
299000000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
176000000 USD
CY2016 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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CY2015Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
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627000000 USD
CY2016Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
766000000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
329000000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
330000000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
329000000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
328000000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
329000000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
329000000 shares
CY2016 us-gaap Reclassifications
Reclassifications
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in previously issued financial statements have been reclassified to conform to the presentation following the spin-offs, which includes the reclassification of the combined financial position and results of operations of Park and HGV as discontinued operations for all periods presented. Additionally, certain line items in the consolidated statements of operations have been revised to reflect the operating structure of Hilton subsequent to the spin-offs. The primary change to the consolidated statements of operations is the disaggregation of management and franchise fee revenues.</font></div></div>
CY2016 us-gaap Revenue Recognition Loyalty Programs
RevenueRecognitionLoyaltyPrograms
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Hilton Honors</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Hilton Honors is a guest loyalty and marketing program provided to hotels and resort properties. Nearly all of our owned, leased, managed and franchised hotels and resort properties participate in the Hilton Honors program. Hilton Honors members earn points based on their spending at our participating properties and through participation in affiliated partner programs. When points are earned by Hilton Honors members, the property or affiliated partner pays Hilton Honors based on an estimated cost per point for the costs of operating the program, which include marketing, promotion, communication, administration and the estimated cost of award redemptions. Hilton Honors member points are accumulated and may be redeemed for the right to stay at participating properties, as well as for other goods and services from third parties, including, but not limited to, airlines, car rentals, cruises, vacation packages, shopping and dining.</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Hilton Honors records a liability related to revenue received from participating hotels and program partners in an amount equal to the estimated cost per point of the future redemption obligation. We engage outside actuaries to assist in determining the fair value of the future award redemption obligation using statistical formulas that project future point redemptions based on factors that include historical experience, an estimate of "breakage" (points that will never be redeemed), an estimate of the points that will eventually be redeemed and the cost of reimbursing hotels and other third parties in respect to other redemption opportunities available to members. Revenue is recognized by participating hotels and resorts only when points that have been redeemed for hotel stay certificates are used by members or their designees at the respective properties. Additionally, when members of the Hilton Honors loyalty program redeem award certificates at our owned and leased hotels, we recognize room revenue, included in owned and leased hotels revenues in our consolidated statements of operations.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;padding-left:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with United States of America ("U.S.") generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported and, accordingly, ultimate results could differ from those estimates.</font></div></div>

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