XML 22 R5.htm IDEA: XBRL DOCUMENT v3.22.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and equivalents $ 1,393 $ 877
Accounts and notes receivable, net 1,982 1,768
Prepaid expenses and other 251 180
Total current assets 3,626 2,825
Property and equipment, net 1,503 1,514
Intangible assets    
Intangible assets 8,926 8,989
Goodwill 9,073 9,175
Total intangible assets 17,999 18,164
Equity method investments 387 422
Notes receivable, net 144 159
Deferred tax assets 228 249
Operating lease assets 1,062 752
Other noncurrent assets 604 616
Total assets 25,553 24,701
Current liabilities    
Current portion of long-term debt 805 1,173
Accounts payable 726 527
Accrued payroll and benefits 1,187 831
Accrued expenses and other 1,167 1,452
Total current liabilities 6,407 5,752
Long-term debt 9,333 9,203
Deferred tax liabilities 169 83
Operating lease liabilities 1,098 823
Other noncurrent liabilities 2,002 2,366
Stockholders’ equity    
Class A Common Stock 5 5
Additional paid-in-capital 5,892 5,851
Retained earnings 10,305 9,206
Treasury stock, at cost (14,446) (14,497)
Accumulated other comprehensive loss (342) (135)
Shareholder's equity (deficit) 1,414 430
Liabilities and deficit, total 25,553 24,701
Brands    
Intangible assets    
Intangible assets 5,979 6,059
Contract acquisition costs and other    
Intangible assets    
Intangible assets 2,947 2,930
Guest loyalty program    
Current liabilities    
Liability for guest loyalty program 2,522 1,769
Contract with customer 3,949 4,502
Deferred revenue    
Current liabilities    
Contract with customer $ 1,181 $ 1,542