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CONSOLIDATED STATEMENTS OF INCOME (LOSS) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
REVENUES      
Total revenue $ 13,857 $ 10,571 $ 20,972
OPERATING COSTS AND EXPENSES      
Depreciation, amortization, and other 220 346 341
General, administrative, and other 823 762 938
Restructuring and merger-related charges 8 267 138
Costs and Expenses, Total 12,107 10,487 19,172
OPERATING INCOME 1,750 84 1,800
Gains and other income, net 10 9 154
Loss on extinguishment of debt (164) 0 0
Interest expense (420) (445) (394)
Interest income 28 27 26
Equity in (losses) earnings [1] (24) (141) 13
INCOME (LOSS) BEFORE INCOME TAXES 1,180 (466) 1,599
(Provision) benefit for income taxes (81) 199 (326)
NET INCOME (LOSS) $ 1,099 $ (267) $ 1,273
EARNINGS (LOSS) PER SHARE      
Earnings (loss) per share - basic (in USD per share) $ 3.36 $ (0.82) $ 3.83
Earnings (loss) per share - diluted (in USD per share) $ 3.34 $ (0.82) $ 3.80
Base management fees      
REVENUES      
Gross fee revenues $ 669 $ 443 $ 1,180
Franchise fees      
REVENUES      
Gross fee revenues 1,790 1,153 2,006
Incentive management fees      
REVENUES      
Gross fee revenues 235 87 637
Net fee revenues      
REVENUES      
Gross fee revenues 2,694 1,683 3,823
Contract investment amortization (75) (132) (62)
Total revenue 2,619 1,551 3,761
Owned, leased, and other      
REVENUES      
Total revenue 796 568 1,612
OPERATING COSTS AND EXPENSES      
Cost of revenues 734 677 1,316
Reimbursements      
REVENUES      
Total revenue [1] 10,442 8,452 15,599
OPERATING COSTS AND EXPENSES      
Cost of revenues [1] $ 10,322 $ 8,435 $ 16,439
[1] See Note 15 for disclosure of related party amounts.