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Document and Entity Information (USD $)
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12 Months Ended | ||
|---|---|---|---|
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Dec. 28, 2012
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Feb. 08, 2013
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Jun. 15, 2012
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| Entity Information [Line Items] | |||
| Document Type | 10-K | ||
| Amendment Flag | false | ||
| Document Period End Date | Dec. 28, 2012 | ||
| Document Fiscal Year Focus | 2012 | ||
| Document Fiscal Period Focus | FY | ||
| Trading Symbol | MAR | ||
| Entity Registrant Name | MARRIOTT INTERNATIONAL INC /MD/ | ||
| Entity Central Index Key | 0001048286 | ||
| Current Fiscal Year End Date | --12-28 | ||
| Entity Filer Category | Large Accelerated Filer | ||
| Entity Well-known Seasoned Issuer | Yes | ||
| Entity Current Reporting Status | Yes | ||
| Entity Voluntary Filers | No | ||
| Entity Common Stock, Shares Outstanding | 312,344,872 | ||
| Entity Public Float | $ 9,350,052,179 |
| X | ||||||||||
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- Definition
If the value is true, then the document is an amendment to previously-filed/accepted document. No definition available.
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| X | ||||||||||
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- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
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- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
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- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
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| X | ||||||||||
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- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
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| X | ||||||||||
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- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word "Other". No definition available.
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| X | ||||||||||
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- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument. No definition available.
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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| X | ||||||||||
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- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, (4) Smaller Reporting Company (Non-accelerated) or (5) Smaller Reporting Accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
State aggregate market value of voting and non-voting common equity held by non-affiliates computed by reference to price at which the common equity was last sold, or average bid and asked price of such common equity, as of the last business day of registrant's most recently completed second fiscal quarter. The public float should be reported on the cover page of the registrants form 10K. No definition available.
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| X | ||||||||||
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- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. No definition available.
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| X | ||||||||||
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- Definition
Indicate "Yes" or "No" if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A. No definition available.
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| X | ||||||||||
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- Definition
Trading symbol of an instrument as listed on an exchange. No definition available.
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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
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Dec. 28, 2012
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Dec. 30, 2011
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Dec. 31, 2010
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||||||
| REVENUES | ||||||||
| Base management fees (1) | $ 581 | [1] | $ 602 | [1] | $ 562 | [1] | ||
| Franchise fees (1) | 607 | [1] | 506 | [1] | 441 | [1] | ||
| Incentive management fees (1) | 232 | [1] | 195 | [1] | 182 | [1] | ||
| Owned, leased, corporate housing, and other revenue (1) | 989 | [1] | 1,083 | [1] | 1,046 | [1] | ||
| Timeshare sales and services | 0 | 1,088 | 1,221 | |||||
| Cost reimbursements (1) | 9,405 | [1] | 8,843 | [1] | 8,239 | [1] | ||
| Revenues | 11,814 | 12,317 | 11,691 | |||||
| OPERATING COSTS AND EXPENSES | ||||||||
| Owned, leased, and corporate housing-direct | 824 | 943 | 955 | |||||
| Timeshare-direct | 0 | 929 | 1,022 | |||||
| Timeshare strategy-impairment charges | 0 | 324 | 0 | |||||
| Reimbursed costs (1) | 9,405 | [1] | 8,843 | [1] | 8,239 | [1] | ||
| General, administrative, and other (1) | 645 | [1] | 752 | [1] | 780 | [1] | ||
| Costs and Expenses, Total | 10,874 | 11,791 | 10,996 | |||||
| OPERATING INCOME | 940 | 526 | 695 | |||||
| Gains (losses) and other income (1) | 42 | [1] | (7) | [1] | 35 | [1] | ||
| Interest expense (1) | (137) | [1] | (164) | [1] | (180) | [1] | ||
| Interest income (1) | 17 | [1] | 14 | [1] | 19 | [1] | ||
| Equity in losses (1) | (13) | [1] | (13) | [1] | (18) | [1] | ||
| INCOME BEFORE INCOME TAXES | 849 | 356 | 551 | |||||
| Provision for income taxes | (278) | (158) | (93) | |||||
| NET INCOME | $ 571 | $ 198 | $ 458 | |||||
| EARNINGS PER SHARE-Basic | ||||||||
| Earnings per share (in USD per share) | $ 1.77 | $ 0.56 | $ 1.26 | |||||
| EARNINGS PER SHARE-Diluted | ||||||||
| Earnings per share (in USD per share) | $ 1.72 | $ 0.55 | $ 1.21 | |||||
| CASH DIVIDENDS DECLARED PER SHARE (in USD per share) | $ 0.4900 | $ 0.3875 | $ 0.2075 | |||||
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| X | ||||||||||
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- Definition
Amount, net of promotional allowances, of revenue from managing and operating hotels, including, but not limited to, revenue from occupancy, casino, food and beverage, and retail. Includes operating lease income. No definition available.
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| X | ||||||||||
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- Definition
Amount recognized as an operating expense during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
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| X | ||||||||||
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- Definition
Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Cost associated with reimbursable income. This occurs when a services entity incurs expenses on behalf of the client and passes through the cost of reimbursable expenses to a client. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total costs of sales and operating expenses for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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| X | ||||||||||
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- Definition
The aggregate direct costs incurred in operating leased, owned and other hotels. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Base revenue, as contractually stipulated, for operating and managing another entity's business during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenue for operating and managing another entity's business during the reporting period which is based on meeting certain operating or revenue metrics (for example: occupancy or vacancy rates, profitability or expense targets), or otherwise meant to incentivize the operator other than by guaranteed or minimum compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The net result for the period of deducting operating expenses from operating revenues. No definition available.
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| X | ||||||||||
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- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Repayment received or receivable for expenses incurred on behalf of a client or customer, other than those reimbursements received by landlords from tenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The costs associated with a property whose ownership is held by a number of people, each with a right of possession for a specified time interval. Time-Sharing is most commonly applied to resort and vacation properties; also known as Vacation Interest. The costs include the costs to build or acquire a vacation project, the estimated cost needed to complete a project under construction, the total revenues expected to be earned on a project, and the projected revenues relating to the recovered purchase on future cancelled sales. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenue associated with the selling of time shares, a form of property ownership under which a property is held by a number of people, each with a right of possession for a specified time interval. Time sharing is most commonly applied to resort and vacation properties; also known as vacation interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying value as of the balance sheet date of obligations incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Value of deferred revenue or cost to provide products or services, which is expected to be recognized in income or incurred within one year or the normal operating cycle, if longer, resulting from customer loyalty program. Excludes liability associated with frequent flier programs. Includes liability associated with customer loyalty programs for other businesses, for example, but is not limited to, hotels, supermarkets, credit card companies, automobile rental companies, and book sellers. No definition available.
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| X | ||||||||||
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- Definition
Value of deferred revenue or cost to provide products or services, which is expected to be recognized in income or incurred after one year or beyond the normal operating cycle, if longer, resulting from customer loyalty program. Excludes liability associated with frequent flier programs. Includes liability associated with customer loyalty programs for other businesses, for example, but is not limited to, hotels, supermarkets, credit card companies, automobile rental companies, and book sellers. No definition available.
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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Carrying amount of finite-lived intangible assets, indefinite-lived intangible assets and goodwill. Goodwill is an asset representing the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. Intangible assets are assets, not including financial assets, lacking physical substance. No definition available.
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| X | ||||||||||
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- Definition
Carrying amount (lower of cost or market) as of the balance sheet date of inventories less all valuation and other allowances. Excludes noncurrent inventory balances (expected to remain on hand past one year or one operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer plus capital lease obligations due to be paid more than one year after the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Obligation related to long-term debt (excluding convertible debt) and capital leases, the portion which is due in one year or less in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
An amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date more than one year from the balance sheet date, net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent assets not separately disclosed in the balance sheet. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Sum of the amounts paid in advance for capitalized costs that will be expensed with the passage of time or the occurrence of a triggering event, and will be charged against earnings within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| OPERATING ACTIVITIES | |||
| Net income | $ 571 | $ 198 | $ 458 |
| Adjustments to reconcile to cash provided by operating activities: | |||
| Depreciation and amortization | 145 | 168 | 178 |
| Income taxes | 224 | 113 | (27) |
| Timeshare activity, net | 0 | 175 | 216 |
| Timeshare strategy-impairment charges | 0 | 324 | 0 |
| Liability for guest loyalty program | 60 | 78 | 86 |
| Restructuring costs, net | 0 | (5) | (11) |
| Asset impairments and write-offs | 19 | 47 | 131 |
| Working capital changes and other | (30) | (9) | 120 |
| Net cash provided by operating activities | 989 | 1,089 | 1,151 |
| INVESTING ACTIVITIES | |||
| Capital expenditures | (437) | (183) | (307) |
| Dispositions | 65 | 20 | 114 |
| Loan advances | (17) | (26) | (24) |
| Loan collections and sales | 155 | 110 | 18 |
| Equity and cost method investments | (15) | (83) | (29) |
| Contract acquisition costs | (253) | (74) | (56) |
| Other | (83) | (11) | 20 |
| Net cash used in investing activities | (585) | (247) | (264) |
| FINANCING ACTIVITIES | |||
| Commercial paper/credit facility, net | 184 | 325 | (425) |
| Issuance of long-term debt | 936 | 118 | 215 |
| Repayment of long-term debt | (370) | (264) | (385) |
| Issuance of Class A Common Stock | 179 | 124 | 198 |
| Dividends paid | (191) | (134) | (43) |
| Purchase of treasury stock | (1,145) | (1,425) | (57) |
| Other | (11) | 11 | 0 |
| Net cash used in financing activities | (418) | (1,245) | (497) |
| (DECREASE) INCREASE IN CASH AND EQUIVALENTS | (14) | (403) | 390 |
| CASH AND EQUIVALENTS, beginning of period | 102 | 505 | 115 |
| CASH AND EQUIVALENTS, end of period | $ 88 | $ 102 | $ 505 |
| X | ||||||||||
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- Definition
The cash outflow from advancing money to others in the form of loans. No definition available.
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| X | ||||||||||
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- Definition
The non-cash component of income tax expense, less the tax benefit from exercise of stock options. No definition available.
|
| X | ||||||||||
|
- Definition
The net cash inflow (outflow) from issuing (borrowing) and repaying commercial paper or line of credit having initial term of repayment greater than one year or the normal operating cycle, if longer. No definition available.
|
| X | ||||||||||
|
- Definition
All Timeshare transactions netted that result in no operating cash inflows or outflows in the period in which they occur, but affect net income and thus are removed when calculating net cash flow from operating activities, as well as Timeshare transactions netted that result in operating cash inflows or outflows in the period in which they occur, but do not affect net income and thus are added back when calculating net cash flow from operating activities using the indirect method. No definition available.
|
| X | ||||||||||
|
- Definition
Amount recognized as an operating expense during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
The charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Amount of increase (decrease) in cash and cash equivalents. Cash and cash equivalents are the amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Increase (decrease) in the liability arising from revenue deferred or cost to provide future products or services resulting from customer loyalty program. Excludes liability associated with frequent flier programs. Includes liability associated with customer loyalty programs for other businesses, for example, but not limited to, hotels, supermarkets, credit card companies, automobile rental companies, and book sellers. No definition available.
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in other assets used in operating activities less other operating liabilities used in operating activities not separately disclosed in the statement of cash flows. May include changes in other current assets and liabilities, other noncurrent assets and liabilities, or a combination of other current and noncurrent assets and liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow to reacquire common stock during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Cash outflow in the form of ordinary dividends to common shareholders, generally out of earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow to acquire asset without physical form usually arising from contractual or other legal rights, excluding goodwill. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of or advances to an entity that is related to it but not strictly controlled (for example, an unconsolidated subsidiary, affiliate, and joint venture or equity method investment) or the acquisition of an additional interest in a subsidiary (controlled entity). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash inflow from the additional capital contribution to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from other financing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the proceeds from sale of notes receivable, as well as principal collections from a borrowing supported by a written promise to pay an obligation (note receivable). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Adjustment to remove noncash portion of restructuring costs and include cash payments when calculating cash flows from operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Net income | $ 571 | $ 198 | $ 458 |
| Other comprehensive income (loss): | |||
| Foreign currency translation adjustments | 4 | (31) | (17) |
| Other derivative instrument adjustments, net of tax | (2) | (20) | 0 |
| Unrealized gains (losses) on available-for-sale securities, net of tax | 0 | (3) | 0 |
| Reclassification of losses, net of tax | 2 | 8 | 2 |
| Total other comprehensive income (loss), net of tax | 4 | (46) | (15) |
| Comprehensive income | $ 575 | $ 152 | $ 443 |
| X | ||||||||||
|
- Definition
Reclassification adjustments No definition available.
|
| X | ||||||||||
|
- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before tax and reclassification adjustments, resulting from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, and from transactions whose terms are denominated in a currency other than the entity's functional currency. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Net of tax amount of other comprehensive income (loss) attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Net of tax amount, before reclassification adjustments, of the change in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Also includes an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Net of tax amount of unrealized holding gain (loss) before reclassification adjustments and transfers on available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ (DEFICIT) EQUITY (USD $)
In Millions, unless otherwise specified |
Total
|
Class A Common Stock
|
Additional Paid-in-Capital
|
Retained Earnings
|
Treasury Stock, at Cost
|
Accumulated Other Comprehensive Income (Loss)
|
||||
|---|---|---|---|---|---|---|---|---|---|---|
| Beginning balance at Jan. 01, 2010 (Scenario, Previously Reported) | $ 1,142 | $ 5 | $ 3,585 | $ 3,103 | $ (5,564) | $ 13 | ||||
| Beginning balance (Impact of adoption of ASU Nos. 2009-16 and ASU 2009-17 (1)) | [1] | (146) | 0 | 0 | (146) | 0 | 0 | |||
| Beginning balance at Jan. 01, 2010 | 996 | 5 | 3,585 | 2,957 | (5,564) | 13 | ||||
| Beginning balance, shares at Jan. 01, 2010 (Scenario, Previously Reported) | 358.2 | |||||||||
| Beginning balance, shares at Jan. 01, 2010 | 358.2 | |||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||
| Net income | 458 | 0 | 0 | 458 | 0 | 0 | ||||
| Other comprehensive income (loss) | (15) | 0 | 0 | 0 | 0 | (15) | ||||
| Dividends | (76) | 0 | 0 | (76) | 0 | 0 | ||||
| Employee stock plan issuance | 279 | 0 | 59 | (53) | 273 | 0 | ||||
| Employee stock plan issuance, shares | 10.2 | |||||||||
| Purchase of treasury stock | (57) | 0 | 0 | 0 | (57) | 0 | ||||
| Purchase of treasury stock, shares | (1.5) | |||||||||
| Ending balance at Dec. 31, 2010 | 1,585 | 5 | 3,644 | 3,286 | (5,348) | (2) | ||||
| Ending balance, shares at Dec. 31, 2010 | 366.9 | |||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||
| Net income | 198 | 0 | 0 | 198 | 0 | 0 | ||||
| Other comprehensive income (loss) | (46) | |||||||||
| Other comprehensive loss | (24) | 0 | 0 | 0 | 0 | (24) | ||||
| Dividends | (135) | 0 | 0 | (135) | 0 | 0 | ||||
| Employee stock plan issuance | 182 | 0 | 9 | (137) | 310 | 0 | ||||
| Employee stock plan issuance, shares | 9.5 | |||||||||
| Purchase of treasury stock | (1,425) | 0 | 0 | 0 | (1,425) | 0 | ||||
| Purchase of treasury stock, shares | (43.4) | |||||||||
| Spin-off of MVW (2) | [2] | (1,162) | 0 | (1,140) | 0 | 0 | (22) | |||
| Ending balance at Dec. 30, 2011 | (781) | 5 | 2,513 | 3,212 | (6,463) | (48) | ||||
| Ending balance, shares at Dec. 30, 2011 | 333.0 | |||||||||
| Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||
| Net income | 571 | 0 | 0 | 571 | 0 | 0 | ||||
| Other comprehensive income (loss) | 4 | 0 | 0 | 0 | 0 | 4 | ||||
| Dividends | (158) | 0 | 0 | (158) | 0 | 0 | ||||
| Employee stock plan issuance | 236 | 0 | 69 | (116) | 283 | 0 | ||||
| Employee stock plan issuance, shares | 9.1 | |||||||||
| Purchase of treasury stock | (1,160) | 0 | 0 | 0 | (1,160) | 0 | ||||
| Purchase of treasury stock, shares | (31.2) | |||||||||
| Spin-off of MVW adjustment (2) | [2] | 3 | 0 | 3 | 0 | 0 | 0 | |||
| Ending balance at Dec. 28, 2012 | $ (1,285) | $ 5 | $ 2,585 | $ 3,509 | $ (7,340) | $ (44) | ||||
| Ending balance, shares at Dec. 28, 2012 | 310.9 | |||||||||
|
||||||||||
| X | ||||||||||
|
- Definition
Other Comprehensive Income (Loss) Before Effects of Spin-off, Net of Tax No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares issued during the period as a result employee stock and cash incentive plans. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate value of stock issued during the period as a result of employee stock and cash incentive plan. No definition available.
|
| X | ||||||||||
|
- Definition
Represents increases or decreases in additional paid in capital not separately disclosed. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of cash dividends declared by an entity during the period for all classes of stock (common, preferred, etc.). This element includes paid and unpaid dividends declared during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax amount of other comprehensive income (loss) attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The change in equity as a result of a spin-off transaction (a regular or reverse spin-off) which is based on the recorded amounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares that have been repurchased during the period and are being held in treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of the cost of common and preferred stock that were repurchased during the period. Recorded using the cost method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
|
12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Significant Accounting Policies | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The consolidated financial statements present the results of operations, financial position, and cash flows of Marriott International, Inc. (“Marriott,” and together with its subsidiaries “we,” “us,” or the “Company”). In order to make this report easier to read, we refer throughout to (i) our Consolidated Financial Statements as our “Financial Statements,” (ii) our Consolidated Statements of Income as our “Income Statements,” (iii) our Consolidated Balance Sheets as our “Balance Sheets,” (iv) our properties, brands, or markets in the United States and Canada as “North America” or “North American,” and (v) our properties, brands, or markets outside of the United States and Canada as “international.” In addition, references throughout to numbered "Footnotes" refer to the numbered Notes in these Notes to Consolidated Financial Statements, unless otherwise noted. On November 21, 2011 ("the spin-off date"), we completed a spin-off of our timeshare operations and timeshare development business through a special tax-free dividend to our shareholders of all of the issued and outstanding common stock (the "spin-off") of our wholly owned subsidiary Marriott Vacations Worldwide Corporation ("MVW"). Because of our significant continuing involvement in MVW operations after the spin-off (by virtue of license and other agreements between us and MVW), we continue to include the historical financial results before the spin-off date of our former Timeshare segment in our historical financial results as a component of continuing operations. See Footnote No. 16, "Spin-off," for more information on the spin-off. Preparation of financial statements that conform with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, the reported amounts of revenues and expenses during the reporting periods, and the disclosures of contingent liabilities. Accordingly, ultimate results could differ from those estimates. In our opinion, the accompanying Financial Statements reflect all normal and recurring adjustments necessary to present fairly our financial position at fiscal year-end 2012 and fiscal year-end 2011 and the results of our operations and cash flows for fiscal years 2012, 2011, and 2010. We have eliminated all material intercompany transactions and balances between entities consolidated in these Financial Statements. Fiscal Year Our fiscal year for each period presented in these Financial Statements ends on the Friday nearest to December 31. The fiscal years in the following table encompass a 52-week period, except for 2008, which encompasses a 53-week period. Unless otherwise specified, each reference to a particular year in this Form 10-K means the fiscal year ended on the date shown in the following table, rather than the corresponding calendar year:
Our 2013 fiscal year began on December 29, 2012 and will end on December 31, 2013. In addition, beginning in 2014, our fiscal years will be the same as the corresponding calendar year (each beginning on January 1 and ending on December 31). Revenue Recognition Our revenues include: (1) base management and incentive management fees; (2) franchise fees (including licensing fees from MVW after the spin-off of $61 million for 2012 and $4 million for 2011); (3) revenues from lodging properties we own or lease; and (4) cost reimbursements. Management fees are typically composed of a base fee, which is a percentage of the revenues of hotels, and an incentive fee, which is generally based on hotel profitability. Franchise fees are typically composed of initial application fees and continuing royalties generated from our franchise programs, which permit the hotel owners and operators to use certain of our brand names. Cost reimbursements include direct and indirect costs that are reimbursed to us by properties that we manage or franchise. Base Management and Incentive Management Fees: We recognize base management fees as revenue when we earn them under the contracts. In interim periods and at year-end, we recognize incentive management fees that would be due as if the contracts were to terminate at that date, exclusive of any termination fees payable or receivable by us. Franchise Fee and License Fee Revenue: We recognize franchise fees and license fees as revenue in each accounting period as we earn those fees from the franchisee or licensee under the contracts. Owned and Leased Units: We recognize room sales and revenues from other guest services for our owned and leased units when rooms are occupied and when we have rendered the services. Cost Reimbursements: We recognize cost reimbursements from managed and franchised properties when we incur the related reimbursable costs. Other Revenue: Includes other third-party licensing fees, branding fees for third-party residential sales and credit card licensing, land rental income, and other revenue. Timeshare Revenue Recognition Before the 2011 Spin-off: For periods before the spin-off, our revenues also included revenue from our former Timeshare segment including cost reimbursements revenue and timeshare sales and services revenue, the latter of which included the following types of revenue: Timeshare and Fractional Intervals and Condominiums: Before the spin-off, we recognized sales when: (1) we had received a minimum of 10 percent of the purchase price; (2) the purchaser’s period to cancel for a refund had expired; (3) we deemed the receivables to be collectible; and (4) we had attained certain minimum sales and construction levels. We deferred all revenue using the deposit method for sales that did not meet all four of these criteria. For sales that did not qualify for full revenue recognition as the project had progressed beyond the preliminary stages but had not yet reached completion, we deferred all revenue and profit which we then recognized in earnings using the percentage of completion method. Timeshare Points-Based Use System Revenue: Before the spin-off, we recognized sales under our points-based use system when the criteria noted in the “Timeshare and Fractional Intervals and Condominiums” caption were met, as we considered these sales to be sales of real estate. Timeshare Residential (Stand-Alone Structures): Before the spin-off, we recognized sales under the full accrual method of accounting when we received our proceeds and transferred title at settlement. Timeshare Interest Income: Before the spin-off, we reflected interest income from “Loans to timeshare owners” in our Income Statements in the "Timeshare sales and services" revenue caption as follows: $143 million in 2011, consisting of $116 million from securitized loans and $27 million from non-securitized loans, and $187 million in 2010 consisting of $147 million from securitized loans and $40 million from non-securitized loans. Ground Leases We are both the lessor and lessee of land under long-term operating leases that include scheduled increases in minimum rents. We recognize these scheduled rent increases on a straight-line basis over the initial lease term. Real Estate Sales We reduce gains on sales of real estate by the maximum exposure to loss if we have continuing involvement with the property and do not transfer substantially all of the risks and rewards of ownership. In sales transactions where we retain a management contract, the terms and conditions of the management contract are generally comparable to the terms and conditions of the management contracts obtained directly with third-party owners in competitive bid processes. Profit Sharing Plan We contribute to a profit sharing plan for the benefit of employees meeting certain eligibility requirements who elect to participate in the plan. Participating employees specify the percentage of salary deferred. We recognized compensation costs from profit sharing of $69 million in 2012, $91 million in 2011, and $86 million in 2010. Self-Insurance Programs We self-insure for certain levels of property, liability, workers’ compensation and employee medical coverage. We accrue estimated costs of these self-insurance programs at the present value of projected settlements for known and incurred but not reported claims. We use a discount rate of 2.0 percent to determine the present value of the projected settlements, which we consider to be reasonable given our history of settled claims, including payment patterns and the fixed nature of the individual settlements. We are subject to a variety of assessments for our insurance activities, including those by state guaranty funds and workers’ compensation second-injury funds. We record our liabilities for these assessments in our Balance Sheets within the other current liabilities line. These liabilities, which are not discounted, totaled $5 million at year-end 2012 and $4 million at year-end 2011. We expect to pay the $5 million liability for assessments as of year-end 2012 by the end of 2013. Our Rewards Programs Marriott Rewards and The Ritz-Carlton Rewards are our frequent guest loyalty programs. Program members earn points based on the money they spend at our lodging operations, purchases of timeshare interval, fractional ownership, and residential products (through MVW for periods after the spin-off date) and, to a lesser degree, through participation in affiliated partners’ programs, such as those offered by car rental, and credit card companies. Members can redeem points, which we track on their behalf, for stays at most of our lodging operations, airline tickets, airline frequent flyer program miles, rental cars, and a variety of other awards. Points cannot be redeemed for cash. We provide Marriott Rewards and The Ritz-Carlton Rewards as marketing programs to participating properties, with the objective of operating the programs on a break-even basis to us. We sell the points for amounts that we expect will, in the aggregate, equal the costs of point redemptions and program operating costs over time. We defer revenue we receive from managed, franchised, and Marriott-owned/leased hotels and program partners. We estimate the value of the future redemption obligation using statistical formulas that project timing of future point redemption based on historical levels, including an estimate of the “breakage” for points that members will never redeem, and an estimate of the points that members will eventually redeem. These judgment factors determine our rewards programs' required liability for outstanding points. That liability totaled $2,021 million at year-end 2012 and $1,948 million at year-end 2011. A ten percent reduction in the estimate of “breakage” would have increased the estimated year-end 2012 liability by $120 million. Our management and franchise agreements require that properties reimburse us currently for the costs of operating the rewards programs, including marketing, promotion, communication with, and performing member services for rewards program members. Due to the requirement that properties reimburse us for program operating costs as incurred, we recognize the related cost reimbursements revenues from properties for our rewards programs when we incur and expense such costs. We recognize the component of revenue from program partners that corresponds to program maintenance services over the expected life of the points awarded. When points are redeemed we recognize the amounts we previously deferred as revenue and the corresponding expense relating to the costs of the awards redeemed. Guarantees We measure and record a liability for the fair value of a guarantee on a nonrecurring basis, that is when we issue or modify a guarantee, using Level 3 internally developed inputs, as described below in this footnote under the heading "Fair Value Measurements." We generally base our calculation of the estimated fair value of a guarantee on the income approach or the market approach, depending on the type of guarantee. For the income approach, we use internally developed discounted cash flow and Monte Carlo simulation models that include the following assumptions, among others: projections of revenues and expenses and related cash flows based on assumed growth rates and demand trends; historical volatility of projected performance; the guaranteed obligations; and applicable discount rates. We base these assumptions on our historical data and experience, industry projections, micro and macro general economic condition projections, and our expectations. For the market approach, we use internal analyses based primarily on market comparable data and our assumptions about market capitalization rates, credit spreads, growth rates, and inflation. The offsetting entry for the guarantee liability depends on the circumstances in which the guarantee was issued. Funding under the guarantee reduces the recorded liability. In most cases, when we do not forecast any funding, we amortize the liability into income on a straight-line basis over the remaining term of the guarantee. On a quarterly basis, we evaluate all material estimated liabilities based on the operating results and the terms of the guarantee. If we conclude that it is probable that we will be required to fund a greater amount than previously estimated, we record a loss unless the advance would be recoverable in the form of a loan. Rebates and Allowances We participate in various vendor rebate and allowance arrangements as a manager of hotel properties. Three types of programs that are common in the hotel industry are sometimes referred to as “rebates” or “allowances,” including unrestricted rebates, marketing (restricted) rebates, and sponsorships. These arrangements have the primary business purposes of securing favorable pricing for our hotel owners for various products and services and enhancing resources for promotional campaigns that certain vendors co-sponsor. More specifically, unrestricted rebates are funds returned to the buyer, generally based on volumes or quantities of goods purchased. Marketing (restricted) allowances are funds allocated by vendor agreements for certain marketing or other joint promotional initiatives. Sponsorships are funds paid by vendors, generally used by the vendor to gain exposure at meetings and events, which we account for as a reduction of the cost of the event. We account for rebates and allowances as adjustments of the prices of the vendors’ products and services. We show vendor costs as reimbursed costs and the reimbursement of those costs to us as cost reimbursements revenue; and accordingly we reflect rebates as a reduction of these line items. Cash and Equivalents We consider all highly liquid investments with an initial maturity of three months or less at date of purchase to be cash equivalents. Assets Held for Sale We consider properties to be assets held for sale when all of the following criteria are met:
Upon designation of a property as an asset held for sale, we record the property's value at the lower of its carrying value or its estimated fair value, less estimated costs to sell, and we cease depreciation. At year-end 2012 and 2011, we had no assets held for sale and no liabilities for assets held for sale. Loan Loss Reserves Senior, Mezzanine, and Other Loans We sometimes make loans to owners of hotels that we operate or franchise, typically to facilitate the development of a hotel and sometimes to facilitate brand programs or initiatives. We expect the owners to repay the loans in accordance with the loan agreements, or earlier as the hotels mature and capital markets permit. We use metrics such as loan-to-value ratios, debt service coverage, and collateral to assess the credit quality of the loan receivable, both upon entering into the loan agreement and on an ongoing basis as applicable. On a regular basis, we individually assess all of these loans for impairment. We use internally generated cash flow projections to determine if we expect the loans to be repaid under the terms of the loan agreements. If we conclude that it is probable a borrower will not repay a loan in accordance with its terms, we consider the loan impaired and begin recognizing interest income on a cash basis. To measure impairment, we calculate the present value of expected future cash flows discounted at the loan’s original effective interest rate or the estimated fair value of the collateral. If the present value or the estimated collateral is less than the carrying value of the loan receivable, we establish a specific impairment reserve for the difference. If it is likely that a loan will not be collected based on financial or other business indicators, including our historical experience, our policy is to charge off the loan in the quarter in which we deem it uncollectible. For more information on our Loan Loss Reserves policy before the spin-off for "Loans to Timeshare Owners" in our former Timeshare segment, please see Footnote No. 1, "Summary of Significant Accounting Policies" of the Notes to our Financial Statements of our 2011 Form 10-K. Goodwill We assess goodwill for potential impairment at the end of each fiscal year, or during the year if an event or other circumstance indicates that we may not be able to recover the carrying amount of the asset. In evaluating goodwill for impairment, we first assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount. If we conclude that it is not more likely than not that the fair value of a reporting unit is less than its carrying value, then no further testing of the goodwill assigned to the reporting unit is required. However, if we conclude that it is more likely than not that the fair value of a reporting unit is less than its carrying value, then we perform a two-step goodwill impairment test to identify potential goodwill impairment and measure the amount of goodwill impairment we will recognize, if any. In the first step of the two-step goodwill impairment test, we compare the estimated fair value of the reporting unit with its carrying value. If the estimated fair value of the reporting unit exceeds its carrying amount, no further analysis is needed. If, however, the estimated fair value of the reporting unit is less than its carrying amount, we proceed to the second step and calculate the implied fair value of the reporting unit goodwill to determine whether any impairment is required. We calculate the implied fair value of the reporting unit goodwill by allocating the estimated fair value of the reporting unit to all of the unit's assets and liabilities as if the unit had been acquired in a business combination. If the carrying value of the reporting unit’s goodwill exceeds the implied fair value of the goodwill, we recognize an impairment loss in the amount of that excess. In allocating the estimated fair value of the reporting unit to all of the assets and liabilities of the reporting unit, we use industry and market data, as well as knowledge of the industry and our past experience. We calculate the estimated fair value of a reporting unit using the income approach. For the income approach, we use internally developed discounted cash flow models that include the following assumptions, among others: projections of revenues, expenses, and related cash flows based on assumed long-term growth rates and demand trends; expected future investments to grow new units; and estimated discount rates. We base these assumptions on our historical data and experience, third-party appraisals, industry projections, micro and macro general economic condition projections, and our expectations. We have had no goodwill impairment charges for the last three fiscal years, and as of the date of each of the most recent detailed tests, the estimated fair value of each of our reporting units exceeded its respective carrying amount by more than 100 percent based on our models and assumptions. For additional information on goodwill, including the amounts of goodwill by segment, see Footnote No. 15, “Business Segments.” Investments We consolidate entities that we control. We account for investments in joint ventures using the equity method of accounting when we exercise significant influence over the venture. If we do not exercise significant influence, we account for the investment using the cost method of accounting. We account for investments in limited partnerships and limited liability companies using the equity method of accounting when we own more than a minimal investment. Our ownership interest in these equity method investments varies generally from 10 percent to 49 percent. The fair value of our available-for-sale securities totaled $56 million at year-end 2012 and $50 million at year-end 2011. The amount of net losses we reclassified out of accumulated other comprehensive income as a result of an other-than-temporary impairment of available-for-sale securities totaled zero for 2012 and $10 million for 2011. The amount of net losses reclassified out of accumulated other comprehensive loss as a result of the sale of available-for-sale securities totaled zero for both 2012 and 2011. When we sell securities, we determine the cost basis of the securities sold using specific identification, meaning that we track our securities individually. Valuation of Intangibles and Long-Lived Assets We test intangibles and long-lived asset groups for recoverability when changes in circumstances indicate that we may not be able to recover the carrying value, for example, when there are material adverse changes in projected revenues or expenses, significant underperformance relative to historical or projected operating results, or significant negative industry or economic trends. We also test recoverability when management has committed to a plan to sell or otherwise dispose of an asset group and we expect to complete the plan within a year. We evaluate recoverability of an asset group by comparing its carrying value to the future net undiscounted cash flows that we expect the asset group will generate. If the comparison indicates that we will not be able to recover the carrying value of an asset group, we recognize an impairment loss for the amount by which the carrying value exceeds the estimated fair value. When we recognize an impairment loss for assets to be held and used, we depreciate the adjusted carrying amount of those assets over their remaining useful life. We calculate the estimated fair value of an intangible asset or asset group using the income approach or the market approach. We utilize the same assumptions and methodology for the income approach that we describe in the “Goodwill” caption. For the market approach, we use internal analyses based primarily on market comparables and assumptions about market capitalization rates, growth rates, and inflation. For information on impairment losses that we recorded in 2011 for long-lived assets, see Footnote No. 16, “Spin-off.” For information on impairment losses that we recorded in 2010 for long-lived assets, see Footnote No. 6, “Property and Equipment.” Valuation of Investments in Ventures We sometimes hold a minority equity interest in ventures established to develop or acquire and own hotel properties. Before the spin-off we also held minority interests in ventures established to develop timeshare interval, fractional ownership and residential properties. These ventures are or were generally limited liability companies or limited partnerships, and our equity interest in these ventures generally ranges or ranged from 10 percent to 49 percent. We evaluate an investment in a venture for impairment when circumstances indicate that we may not be able to recover the carrying value, for example due to loan defaults, significant under performance relative to historical or projected operating performance, or significant negative industry or economic trends. We impair investments we account for using the equity and cost methods of accounting when we determine that there has been an “other-than-temporary” decline in the venture’s estimated fair value compared to its carrying value. Additionally, a venture's commitment to a plan to sell some or all of its assets could cause us to evaluate the recoverability of the venture's individual long-lived assets and possibly the venture itself. We calculate the estimated fair value of an investment in a venture using either a market approach or an income approach. We utilize the same assumptions and methodology for the income approach that we describe in the “Goodwill” caption. For the market approach, we use internal analyses based primarily on market comparables and assumptions about market capitalization rates, growth rates, and inflation. For information on an impairment loss that we recorded in 2012 for a cost method investment, see Footnote No. 4, “Fair Value of Financial Instruments.” Fair Value Measurements We have various financial instruments we must measure at fair value on a recurring basis, including certain marketable securities and derivatives. See Footnote No. 4, “Fair Value of Financial Instruments,” for further information. We also apply the provisions of fair value measurement to various nonrecurring measurements for our financial and nonfinancial assets and liabilities. Applicable accounting standards define fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). We measure our assets and liabilities using inputs from the following three levels of the fair value hierarchy: Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access at the measurement date. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 includes unobservable inputs that reflect our assumptions about what factors market participants would use in pricing the asset or liability. We develop these inputs based on the best information available, including our own data. Derivative Instruments We record derivatives at fair value. The designation of a derivative instrument as a hedge and its ability to meet the hedge accounting criteria determine how we reflect the change in fair value of the derivative instrument in our Financial Statements. A derivative qualifies for hedge accounting if, at inception, we expect the derivative to be highly effective in offsetting the underlying hedged cash flows or fair value and we fulfill the hedge documentation standards at the time we enter into the derivative contract. We designate a hedge as a cash flow hedge, fair value hedge, or a net investment in non-U.S. operations hedge based on the exposure we are hedging. For the effective portion of qualifying cash flow hedges, we record changes in fair value in other comprehensive income (“OCI”). We release the derivative’s gain or loss from OCI to match the timing of the underlying hedged items’ effect on earnings. We review the effectiveness of our hedging instruments quarterly, recognize current period hedge ineffectiveness immediately in earnings, and discontinue hedge accounting for any hedge that we no longer consider to be highly effective. We recognize changes in fair value for derivatives not designated as hedges or those not qualifying for hedge accounting in current period earnings. Upon termination of cash flow hedges, we release gains and losses from OCI based on the timing of the underlying cash flows or revenue recognized, unless the termination results from the failure of the intended transaction to occur in the expected timeframe. Such untimely transactions require us to immediately recognize in earnings the gains and/or losses that we previously recorded in OCI. Changes in interest rates, currency exchange rates, and equity securities expose us to market risk. We manage our exposure to these risks by monitoring available financing alternatives, as well as through development and application of credit granting policies. We also use derivative instruments, including cash flow hedges, net investment in non-U.S. operations hedges, fair value hedges, and other derivative instruments, as part of our overall strategy to manage our exposure to market risks. As a matter of policy, we only enter into transactions that we believe will be highly effective at offsetting the underlying risk, and we do not use derivatives for trading or speculative purposes. See Footnote No. 4, “Fair Value of Financial Instruments,” for additional information. Non-U.S. Operations The U.S. dollar is the functional currency of our consolidated and unconsolidated entities operating in the United States. The functional currency of our consolidated and unconsolidated entities operating outside of the United States is generally the primary currency of the economic environment in which the entity primarily generates and expends cash. We translate the financial statements of consolidated entities whose functional currency is not the U.S. dollar into U.S. dollars, and we do the same, as needed, for unconsolidated entities whose functional currency is not the U.S. dollar. We translate assets and liabilities at the exchange rate in effect as of the financial statement date, and translate income statement accounts using the weighted average exchange rate for the period. We include translation adjustments from currency exchange and the effect of exchange rate changes on intercompany transactions of a long-term investment nature as a separate component of shareholders’ equity. We report gains and losses from currency exchange rate changes for intercompany receivables and payables that are not of a long-term investment nature, as well as gains and losses from non-U.S. currency transactions, currently in operating costs and expenses, and those amounted to losses of $3 million in 2012, $7 million in 2011, and $7 million in 2010. Gains and other income attributable to currency translation adjustment losses, net of gains, from the sale or complete or substantially complete liquidation of investments was $1 million for 2012 and $2 million for 2010. Gains and other income attributable to currency translation adjustment gains, net of losses, from the sale or complete or substantially complete liquidation of investments was $2 million for 2011. Legal Contingencies We are subject to various legal proceedings and claims, the outcomes of which are uncertain. We record an accrual for legal contingencies when we determine that it is probable that we have incurred a liability and we can reasonably estimate the amount of the loss. In making such determinations we evaluate, among other things, the probability of an unfavorable outcome and, when we believe it probable that a liability has been incurred, our ability to make a reasonable estimate of the loss. We review these accruals each reporting period and make revisions based on changes in facts and circumstances. Income Taxes We record the amounts of taxes payable or refundable for the current year, as well as deferred tax liabilities and assets for the future tax consequences of events we have recognized in our Financial Statements or tax returns, using judgment in assessing future profitability and the likely future tax consequences of those events. We base our estimates of deferred tax assets and liabilities on current tax laws, rates and interpretations, and, in certain cases, business plans and other expectations about future outcomes. We develop our estimates of future profitability based on our historical data and experience, industry projections, micro and macro general economic condition projections, and our expectations. Changes in existing tax laws and rates, their related interpretations, and the uncertainty generated by the current economic environment may affect the amounts of our deferred tax liabilities or the valuations of our deferred tax assets over time. Our accounting for deferred tax consequences represents management’s best estimate of future events that can be appropriately reflected in the accounting estimates. For tax positions we have taken or expect to take in a tax return, we apply a more likely than not threshold, under which we must conclude a tax position is more likely than not to be sustained, assuming that the position will be examined by the appropriate taxing authority that has full knowledge of all relevant information, in order to continue to recognize the benefit. In determining our provision for income taxes, we use judgment, reflecting our estimates and assumptions, in applying the more likely than not threshold. For information about income taxes and deferred tax assets and liabilities, see Footnote No. 2, “Income Taxes.” New Accounting Standards Accounting Standards Update No. 2011-04 – “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs” (“ASU No. 2011-04”) ASU No. 2011-04, which we adopted in the 2012 first quarter, generally provides a uniform framework for fair value measurements and related disclosures between GAAP and International Financial Reporting Standards (“IFRS”). Additional disclosure requirements in the update include: (1) for Level 3 fair value measurements, quantitative information about unobservable inputs used, a description of the valuation processes used by the entity, and a qualitative discussion about the sensitivity of the measurements to changes in the unobservable inputs; (2) for an entity’s use of a nonfinancial asset that is different from the asset’s highest and best use, the reason for the difference; (3) for financial instruments not measured at fair value but for which disclosure of fair value is required, the fair value hierarchy level in which the fair value measurements were determined; and (4) the disclosure of all transfers between Level 1 and Level 2 of the fair value hierarchy. The adoption of this update did not have a material impact on our Financial Statements. See “Fair Value Measurements” under the "Basis of Presentation" caption of this footnote for more information on the three levels of fair value measurements. Accounting Standards Update No. 2011-05 – “Comprehensive Income (Topic 220): Presentation of Comprehensive Income” (“ASU No. 2011-05”) and Accounting Standards Update No. 2011-12 - "Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassification of Items Out of Accumulated Other Comprehensive Income in ASU No. 2011-05" ("ASU No. 2011-12") ASU No. 2011-05, which we adopted in the 2012 first quarter, amends existing guidance by allowing only two options for presenting the components of net income and other comprehensive income: (1) in a single continuous financial statement, a statement of comprehensive income or (2) in two separate but consecutive financial statements, an income statement followed by a separate statement of other comprehensive income. We also adopted ASU No. 2011-12, which defers until further notice ASU No. 2011-05's requirement that items that are reclassified from other comprehensive income to net income be presented on the face of the financial statements. ASU No. 2011-05 required retrospective application. The adoption of these updates changed the order in which we presented certain Financial Statements, but did not have any other impact on our Financial Statements. Future Adoption of Accounting Standards Accounting Standards Update No. 2013-02 – “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income” (“ASU No. 2013-02”) ASU No. 2013-02 amends existing guidance by requiring that additional information be disclosed about items reclassified ("reclassification adjustments") out of accumulated other comprehensive income. The additional information includes separately stating the total change for each component of other comprehensive income (for example unrealized gains or losses on available-for-sale securities or foreign currency items) and separately disclosing both current-period other comprehensive income and reclassification adjustments. Entities are also required to present, either on the face of the income statement or in the notes to the financial statements, significant amounts reclassified out of accumulated other comprehensive income as separate line items of net income but only if the entire amount reclassified must be reclassified to net income in the same reporting period. For amounts that are not required to be reclassified in their entirety to net income, an entity must cross-reference to other disclosures that provide additional detail about those amounts. ASU No. 2013-02 will be effective for interim and annual periods beginning after December 15, 2012, which for us will be our 2013 first quarter. We do not believe the adoption of this update will have a material impact on our financial statements. |
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| Income Taxes | INCOME TAXES Our provision for income taxes for the last three fiscal years consists of:
Our current tax provision does not reflect the following benefits attributable to us for the vesting or exercise of employee share-based awards: $76 million in 2012, $55 million in 2011, and $51 million in 2010. The preceding table includes tax credits of $3 million in 2012, $4 million in 2011, and $2 million in 2010. We had a tax provision applicable to other comprehensive income of $5 million in 2012 and a tax benefit applicable to other comprehensive loss of $14 million in 2011. Taxes applicable to other comprehensive income were not material for 2010. We have made no provision for U.S. income taxes or additional non-U.S. taxes on the cumulative unremitted earnings of non-U.S. subsidiaries ($603 million as of year-end 2012) because we consider these earnings to be indefinitely reinvested. These earnings could become subject to additional taxes if the non-U.S. subsidiaries dividend or loan those earnings to us or to a U.S. affiliate or if we sell our interests in the non-U.S. subsidiaries. We cannot practically estimate the amount of additional taxes that might be payable on the unremitted earnings. We file income tax returns, including returns for our subsidiaries, in various jurisdictions around the world. We conduct business in countries that grant “holidays” from income taxes for 10 to 30 year periods. These holidays expire through 2034. Without these tax “holidays,” we would have incurred the following aggregate income taxes and related earnings per share impacts: less than $1 million (less than $0.01 per diluted share) in 2012; $1 million (less than $0.01 per diluted share) in 2011; and $7 million ($0.02 per diluted share) in 2010. In 2011, we recorded an income tax expense of $34 million to write off certain deferred tax assets that we transferred to MVW in conjunction with the spin-off of our timeshare operations and timeshare development business. We impaired these assets because we considered it "more likely than not" that MVW will not be able to realize the value of those deferred tax assets. Please see Footnote No. 16, “Spin-off” for more information on the transaction. In 2010, we reached a settlement with the Internal Revenue Service ("IRS") Appeals Division resolving all issues that arose in the audit of tax years 2005 through 2008. This settlement resulted in an $85 million decrease in our tax expense for 2010 due to the release of tax liabilities we had previously established for the treatment of funds we received from non-U.S. subsidiaries. Our 2010 income tax expense also reflected a $12 million benefit we recorded primarily for revisions to estimates of prior years’ foreign income tax expenses. We filed an IRS refund claim relating to 2000 and 2001 software development costs. We settled this issue with the IRS in 2011 resulting in a refund of $8 million. The IRS has examined our federal income tax returns, and we have settled all issues for tax years through 2009. We participated in the IRS Compliance Assurance Program (“CAP”), which accelerates the examination of key transactions with the goal of resolving any issues before the tax return is filed, for the 2010, 2011, and 2012 tax years. For the 2010 tax year all but one issue, which we are appealing, has been resolved. For the 2011 tax year, the audit is still ongoing, but we have received confirmation of our calculation of the value of the timeshare business that we spun off in 2011. Various income tax returns are also under examination by foreign, state and local taxing authorities. We had total unrecognized tax benefits of $29 million at year-end 2012, $39 million at year-end 2011, and $39 million at year-end 2010. These unrecognized tax benefits reflect the following year-over-year changes: (1) a $10 million decrease in 2012, primarily reflecting the changes attributable to settlements with taxing authorities and positions taken during the current year; (2) no net change in 2011, although 2011 included increases such as positions for our timeshare spin-off, and decreases such as the closing of the 2005-2008 IRS audits, the re-measurement of existing positions, and the lapse of statutes of limitations; and (3) a $210 million decrease in 2010, primarily reflecting the settlement with IRS Appeals of the 2005-2008 tax years. As a large taxpayer, the IRS and other taxing authorities continually audit us. We anticipate resolving an international issue related to financing activity during the next 12 months for which we have an unrecognized tax balance of $5 million. Although the resolution of this issue could have a significant impact on our unrecognized tax balance, we do not anticipate that it will have a material impact on our Financial Statements. On January 2, 2013, the American Taxpayer Relief Act of 2012 (the "Act") was signed into law. Some of the provisions contained in the Act are retroactive, and we anticipate recognizing the impact of the legislation in the first quarter of 2013. We do not anticipate the Act will have a material impact on our Financial Statements. Our unrecognized tax benefit balances included $13 million at year-end 2012, $24 million at year-end 2011, and $26 million at year-end 2010 of tax positions that, if recognized, would impact our effective tax rate. The following table reconciles our unrecognized tax benefit balance for each year from the beginning of 2010 to the end of 2012:
Under our accounting policies, we recognize accrued interest and penalties for our unrecognized tax benefits as a component of tax expense. Related interest expense totaled less than $1 million in 2012, $1 million in 2011, and $2 million in 2010. Accrued interest expense totaled $3 million in 2012, $3 million in 2011, and $4 million in 2010. Deferred Income Taxes Deferred income tax balances reflect the effects of temporary differences between the carrying amounts of assets and liabilities and their tax bases, as well as from net operating loss and tax credit carry-forwards. We state those balances at the enacted tax rates we expect will be in effect when we actually pay or recover the taxes. Deferred income tax assets represent amounts available to reduce income taxes we will pay on taxable income in future years. We evaluate our ability to realize these future tax deductions and credits by assessing whether we expect to have sufficient future taxable income from all sources, including reversal of taxable temporary differences, forecasted operating earnings, and available tax planning strategies to utilize these future deductions and credits. We establish a valuation allowance when we no longer consider it more likely than not that a deferred tax asset will be realized. We had the following total deferred tax assets and liabilities at year-end 2012 and year-end 2011:
The following table details the composition of our net deferred tax balances at year-end 2012 and 2011:
The following table shows the tax effect of each type of temporary difference and carry-forward that gave rise to a significant portion of our deferred tax assets and liabilities as of year-end 2012 and year-end 2011:
At year-end 2012, we had approximately $92 million of tax credits that expire through 2032 and $236 million of tax credits that do not expire. We recorded $50 million of net operating loss benefits in 2012 and $332 million in 2011. At year-end 2012, we had approximately $1.7 billion of net operating losses, of which $1.0 billion expire through 2032. Reconciliation of U.S. Federal Statutory Income Tax Rate to Actual Income Tax Rate The following table reconciles the U.S. statutory tax rate to our effective income tax rate for the last three fiscal years:
Cash received for income tax refunds, net of payments, was $17 million in 2012. Cash paid for income taxes, net of refunds, was $45 million in 2011 and $68 million in 2010. |
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The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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SHARE-BASED COMPENSATION
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| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Share-Based Compensation | SHARE-BASED COMPENSATION Under our Stock and Cash Incentive Plan (the “Stock Plan”), we award: (1) stock options (our "Stock Option Program") to purchase our Class A Common Stock (our “common stock”); (2) stock appreciation rights (“SARs”) for our common stock (our “SAR Program”); (3) restricted stock units (“RSUs”) of our common stock; and (4) deferred stock units. We grant awards at exercise prices or strike prices that equal the market price of our common stock on the date of grant. For all share-based awards, applicable accounting guidance requires that we measure compensation costs for our share-based payment transactions at fair value on the grant date and that we recognize those costs in our Financial Statements over the vesting period during which the employee provides service ("the service period") in exchange for the award. During 2012, we granted 3.2 million RSUs, 1.0 million SARs, 0.3 million stock options, and 27,000 deferred stock units. We recorded share-based compensation expense for award grants of $77 million in 2012, $86 million in 2011, and $90 million in 2010. Deferred compensation costs for unvested awards totaled $122 million at year-end 2012 and $101 million at year-end 2011. As of year-end 2012, we expect to recognize these deferred compensation expenses over a weighted average period of two years. Under the guidance for share-based compensation, we present the tax benefits and costs resulting from the exercise or vesting of share-based awards as financing cash flows. The exercise of share-based awards resulted in tax benefits of $71 million in 2012 and $51 million in 2010. Due to tax losses in 2011, we recorded no tax benefit in that year. We received cash from the exercise of Marriott stock options of $179 million in 2012, $124 million in 2011, and $147 million in 2010. Adjustments for the Timeshare Spin-off Effective with the spin-off (see Footnote No. 16, "Spin-off," for further information), each holder of Marriott RSUs, stock options, and SARs on the November 10, 2011 record date for the spin-off received MVW RSUs, MVW stock options and/or MVW SARs, as applicable, consistent with the distribution ratio of one share of MVW common stock for every ten shares of Marriott common stock, with terms and conditions substantially similar to the terms and conditions applicable to the Marriott RSUs, stock options and SARs. In order to preserve the aggregate intrinsic value of the Marriott stock options and SARs those persons held, we adjusted the exercise prices of our awards by using the proportion of the Marriott ex-distribution closing stock price to the sum of the Marriott ex-distribution and MVW when issued closing stock prices on the distribution date. We accounted for these adjustments, which were designed to equalize the fair value of each award before and after spin-off, as modifications to the original awards. Comparing the fair value of the modified awards with the fair value of the original awards immediately before the modification did not yield incremental value. Accordingly, we did not record any incremental compensation expense as a result of the modifications to the awards on the spin-off date. The equity award adjustments that occurred as a result of the spin-off also did not significantly impact our share-based compensation expense. Deferred compensation costs as of the date of spin-off reflected the unamortized balance of the original grant date fair value of the equity awards held by Marriott employees (regardless of whether those awards are linked to Marriott stock or MVW stock). MVW employees who participated in the Stock Plan before the spin-off continued to hold their Marriott granted awards as non-employees after the spin-off. We do not record any share-based compensation expense for these unvested awards held by MVW employees after the spin-off. RSUs We issue Marriott RSUs under the Stock Plan to certain officers and key employees and those units generally vest over four years in equal annual installments commencing one year after the date of grant. We recognize compensation expense for RSUs over the service period equal to the fair market value of the stock units on the date of issuance. Upon vesting, Marriott RSUs convert to shares which we distribute from treasury shares. Beginning in 2012, we now also issue service and performance Marriott RSUs ("S&P RSUs") to named executive officers under the Stock Plan. In addition to generally being subject to pro-rata annual vesting conditioned on continued service consistent with the standard form of Marriott RSUs, Marriott S&P RSUs are also subject to the satisfaction of a performance condition, expressed as an EBITDA goal, for a fiscal year during the applicable service vesting period. The following information on RSUs includes S&P RSUs. We had deferred compensation costs for RSUs of approximately $111 million at year-end 2012 and $94 million at year-end 2011. The weighted average remaining term for RSU grants outstanding at year-end 2012 was two years. The following table provides additional information on Marriott RSUs for the last three fiscal years:
The following table shows the 2012 changes in our outstanding Marriott RSU grants and the associated weighted average grant-date fair values:
Stock Options and SARs We may grant employee stock options to officers and key employees at exercise prices or strike prices that equal the market price of our common stock on the grant date. Non-qualified options generally expire 10 years after the grant date, except those we issued from 1990 through 2000, which expire 15 years after their grant date. Most stock options under the Stock Option Program may be exercised in cumulative installments of one quarter at the end of each of the first four years following the grant date. We recognized compensation expense for employee stock options of $1 million in 2012, less than $1 million in 2011, and less than $1 million in 2010. We had deferred compensation costs for employee stock options of $3 million at year-end 2012 and approximately $1 million at year-end 2011. When holders exercise Marriott stock options we issue shares from treasury shares. The following table shows the 2012 changes in our outstanding Marriott Stock Option Program awards and the associated weighted average exercise prices:
The following table shows the Marriott stock options issued under the Stock Option Program awards outstanding at year-end 2012, as well as those exercisable on that date (those where the exercise price was less than the market price of our common stock on that date):
The following table shows the number of Marriott stock options we granted in the last three fiscal years and the associated weighted average grant-date fair values and weighted average exercise prices:
The following table shows the intrinsic value (the amount by which the market price of the underlying common stock exceeded the aggregate exercise price of the stock option) of all outstanding Marriott stock options and of exercisable Marriott stock options at year-end 2012 and 2011:
Marriott stock options exercised during the last three years had total intrinsic values of approximately $158 million in 2012, $124 million in 2011, and $149 million in 2010. We may grant Marriott SARs to officers and key employees ("Employee SARs") at base values (exercise prices or strike prices) equal to the market price of our common stock on the grant date. Employee SARs expire ten years after the grant date and both vest and may be exercised in cumulative installments of one quarter at the end of each of the first four years following the grant date. We may grant Marriott SARs to directors ("Director SARs") at exercise prices or strike prices equal to the market price of our common stock on the grant date. Director SARs generally expire ten years after the date of grant and vest upon grant; however, they are generally not exercisable until one year after grant. On exercise of Marriott SARs, holders receive the number of shares of our common stock equal to the number of SARs that are being exercised multiplied by the quotient of (a) the final value minus the base value, divided by (b) the final value. We recognized compensation expense for Employee SARs and Director SARs of $9 million in 2012, $12 million in 2011, and $12 million in 2010. We had deferred compensation costs related to SARs of approximately $8 million in 2012 and $6 million in 2011. Upon the exercise of Marriott SARs, we issue shares from treasury shares. The following table shows the 2012 changes in our outstanding Marriott SARs and the associated weighted average exercise prices:
The following tables show the number of Employee Marriott SARs and Director Marriott SARs we granted in the last three fiscal years, the associated weighted average exercise prices, and the associated weighted average grant-date fair values:
Holders forfeited 5,000 Marriott SARs in 2012 and 63,000 Marriott SARs in 2011. Outstanding Marriott SARs had total intrinsic values of $37 million at year-end 2012 and less than $1 million at year-end 2011. Exercisable Marriott SARs had total intrinsic values of $24 million at year-end 2012 and zero at year-end 2011. Marriott SARs exercised during 2012 had total intrinsic values of $2 million and SARs exercised in 2011 had total intrinsic values of $280,000. On the grant date, we use a binomial lattice-based valuation model to estimate the fair value of each SAR and option granted. This valuation model uses a range of possible stock price outcomes over the term of the SAR and option, discounted back to a present value using a risk-free rate. Because of the limitations with closed-form valuation models, such as the Black-Scholes model, we have determined that this more flexible binomial model provides a better estimate of the fair value of our options and SARs because it takes into account employee exercise behavior based on changes in the price of our stock and also allows us to use other dynamic assumptions. We used the following assumptions to determine the fair value of the SARs and stock options we granted to employees and non-employee directors in 2012, and to employees in 2011, and 2010 (we did not grant SARs to non-employee directors in 2011 or 2010):
In making these assumptions, we base expected volatility on the weighted average historical stock volatility. We base risk-free rates on the corresponding U.S. Treasury spot rates for the expected duration at the date of grant, which we convert to a continuously compounded rate. The dividend yield assumption takes into consideration both historical levels and expectations of future payout. The weighted average expected terms for SARs and options are an output of our valuation model which utilizes historical data in estimating the period of time that the SARs and options are expected to remain unexercised. We calculate the expected terms for SARs and options for separate groups of retirement eligible and non-retirement eligible employees. Our valuation model also uses historical data to estimate exercise behaviors, which includes determining the likelihood that employees will exercise their SARs and options before expiration at a certain multiple of stock price to exercise price. Deferred Stock Units We also issue Marriott deferred stock units to non-employee directors. These non-employee director deferred stock units vest within one year and are distributed upon election. We had deferred costs for non-employee director deferred stock units of approximately zero at year-end 2012 and approximately $279,000 at year-end 2011. The following table shows the share-based compensation expense, the number of deferred stock units we granted, the weighted average grant-date fair value, and the aggregate intrinsic value for the last three fiscal years for non-employee director Marriott deferred stock units:
We had 245,000 outstanding non-employee Marriott deferred stock units at year-end 2012, and 247,000 outstanding at year-end 2011. The weighted average grant-date fair value of those outstanding deferred stock units was $27 for 2012 and $25 for 2011. Other Information Although the Stock Plan also allows us to issue deferred stock bonus awards, deferred stock awards, and restricted stock awards, our Compensation Policy Committee indefinitely suspended our issuance of deferred bonus stock beginning in 2001 and our issuance of both deferred stock awards and restricted stock awards beginning in 2003. At both year-end 2012 and year-end 2011, we had no deferred compensation costs for these suspended award programs. Our share-based compensation expense for these suspended award programs was zero in 2012, less than $1 million in 2011, and $1 million in 2010. At year-end 2012, we reserved 39 million shares under the Stock Plan, including 16 million shares under the Stock Option Program and the SAR Program. |
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Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| Fair Value of Financial Instruments | FAIR VALUE OF FINANCIAL INSTRUMENTS We believe that the fair values of our current assets and current liabilities approximate their reported carrying amounts. We show the carrying values and the fair values of noncurrent financial assets and liabilities that qualify as financial instruments, determined under current guidance for disclosures on the fair value of financial instruments, in the following table:
We estimate the fair value of our senior, mezzanine, and other loans, including the current portion, by discounting cash flows using risk-adjusted rates, both of which are Level 3 inputs. We estimate the fair value of our cost method investments by applying a cap rate to stabilized earnings (a market approach using Level 3 inputs). During the third quarter of 2012, we determined that a cost method investment was other-than-temporarily impaired and, accordingly, we recorded the investment at its fair value as of the end of the 2012 third quarter ($12 million) and reflected a $7 million loss in the "Gains (losses) and other income" caption of our Income Statement. We estimated the fair value of the investment using cash flow projections discounted at risk premiums commensurate with market conditions. We used Level 3 inputs for these discounted cash flow analyses and our assumptions included revenue forecasts, cash flow projections, and timing of the sale of each hotel in the underlying investment. We are required to carry our marketable securities at fair value. We value these securities using directly observable Level 1 inputs. The carrying value of our marketable securities at year-end 2012 was $56 million, which included debt securities of the U.S. Government, its sponsored agencies and other U.S. corporations invested for our self-insurance programs as well as shares of a publicly traded company. During the third quarter of 2011, we determined that the shares of a publicly traded company that we held were other-than-temporarily impaired and, accordingly, at the end of the 2011 third quarter we recognized an $18 million loss which we reflected in the "Gains (losses) and other income" caption of our Income Statement. This loss included $10 million of losses that had been recorded in other comprehensive income as of the end of the 2011 second quarter, which we also included in the "Reclassification of losses" caption of our Consolidated Statements of Comprehensive Income in 2011. We estimate the fair value of our other long-term debt, including the current portion and excluding leases, using expected future payments discounted at risk-adjusted rates, both of which are Level 3 inputs. We determine the fair value of our senior notes using quoted market prices, which are directly observable Level 1 inputs. As noted in Footnote No. 11, "Long-term Debt," even though our commercial paper borrowings generally have short-term maturities of 30 days or less, we classify outstanding commercial paper borrowings as long-term based on our ability and intent to refinance them on a long-term basis. As we are a frequent issuer of commercial paper, we use pricing from recent transactions as Level 2 inputs in estimating fair value. At year-end 2012 and 2011, we determined that the carrying value of our commercial paper approximated its fair value due to the short maturity. Our other long-term liabilities primarily consist of guarantee costs. As noted in Footnote No. 14, "Contingencies," we measure our liability for guarantees at fair value on a nonrecurring basis, that is when we issue the guarantee or when an existing guarantee is modified, using Level 3 internally developed inputs. At year-end 2012 and 2011, we determined that the carrying values of our guarantee costs approximated their fair values based on Level 3 inputs. We estimate that the fair values of our letters of credit and surety bonds are the same as their contract values based on the nature of the fee arrangements with the issuing financial institutions. See Footnote No. 14, "Contingencies" for the related balances. See the “Fair Value Measurements” caption of Footnote No. 1, “Summary of Significant Accounting Policies” for more information on the input levels we use in determining fair value. See Footnote No. 16, "Spin-off" for more information on the $324 million ($234 million after-tax) of Timeshare strategy-impairment charges recorded in 2011 to write down the carrying amounts of inventory and property and equipment to their respective fair values. |
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The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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EARNINGS PER SHARE
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings Per Share | EARNINGS PER SHARE The table below illustrates the reconciliation of the earnings and number of shares used in our calculations of basic and diluted earnings per share:
We compute the effect of dilutive securities using the treasury stock method and average market prices during the period. We determine dilution based on earnings. Pursuant to the applicable accounting guidance for calculating earnings per share, we have not included the following stock options and SARs in our calculation of diluted earnings per share because their exercise prices were greater than the average market prices for the applicable periods:
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The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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PROPERTY AND EQUIPMENT
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Property and Equipment | PROPERTY AND EQUIPMENT The following table shows the composition of our property and equipment balances at year-end 2012 and 2011:
The following table shows the composition of these property and equipment balances that we recorded as capital leases:
We record property and equipment at cost, including interest and real estate taxes we incur during development and construction. Interest we capitalized as a cost of property and equipment totaled $27 million in 2012, $12 million in 2011, and $10 million in 2010. We capitalize the cost of improvements that extend the useful life of property and equipment when we incur them. These capitalized costs may include structural costs, equipment, fixtures, floor, and wall coverings. We expense all repair and maintenance costs when we incur them. We compute depreciation using the straight-line method over the estimated useful lives of the assets (three to 40 years), and we amortize leasehold improvements over the shorter of the asset life or lease term. Our depreciation expense totaled $93 million in 2012, $127 million in 2011, and $138 million in 2010, and included amortization of assets recorded under capital leases. In 2010, we determined that we would not be able to fully recover the carrying amount of a capitalized software asset from an existing group of property owners. Under the guidance for the impairment of long-lived assets, we evaluated the asset for recovery and as a result of a negotiated agreement with the property owners, we recorded an impairment charge of $84 million in 2010 to adjust the carrying value of the asset to our estimate of its fair value. We estimated that fair value using an income approach reflecting internally developed Level 3 discounted cash flows that included, among other things, our expectations of future cash flows based on historical experience and projected growth rates, usage estimates and demand trends. We reflected the impairment charge in the general, administrative, and other expense line in our Income Statement. We did not allocate that charge to any of our segments. In 2010, we decided to pursue the disposition of a golf course and related assets in our former Timeshare segment. Under the guidance for the impairment of long-lived assets, we evaluated the property and related assets for recovery and we recorded an impairment charge of $13 million in 2010 to adjust the carrying value of the assets to our estimate of its fair value. We estimated that fair value using an income approach reflecting internally developed Level 3 discounted cash flows based on negotiations with a qualified prospective third-party purchaser of the asset. We reflected the impairment charge in the general, administrative, and other expense line in our Income Statement, and we allocated the charge to our former Timeshare segment. In 2010, we decided to pursue the disposition of a land parcel. Under the guidance for the impairment of long-lived assets, we evaluated the property for recovery and we recorded an impairment charge of $14 million in 2010 to adjust the carrying value of the property to our estimate of fair value. We estimated that fair value using an income approach reflecting internally developed Level 3 cash flows that included, among other things, our expectations about the eventual disposition of the property based on discussions with potential third-party purchasers. We reflected the impairment charge in the general, administrative, and other expense line in our Income Statement, and we allocated that charge to our North American Limited-Service segment. Please see Footnote No. 16, "Spin-off" for additional information on the $68 million property and equipment impairment charge we recorded in 2011 as part of the Timeshare strategy-impairment charges. |
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The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ACQUISITIONS AND DISPOSITIONS
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| Acquisitions and Dispositions [Abstract] | |
| Acquisitions and Dispositions | ACQUISITIONS AND DISPOSITIONS 2012 Acquisitions In 2012, we entered into a definitive agreement with Gaylord Entertainment Company (subsequently renamed Ryman Hospitality Properties, Inc.) ("Ryman Hospitality") to acquire the Gaylord brand and hotel management company. On September 25, 2012, Ryman Hospitality's shareholders approved its conversion into a real estate investment trust. On October 1, 2012, we acquired the Gaylord brand and hotel management company for $210 million in cash and recognized $210 million in intangible assets at the acquisition date, primarily reflecting deferred contract acquisition costs. Ryman Hospitality continues to own the Gaylord hotels, which we manage under the Gaylord brand under long-term management agreements. This transaction added four hotels and approximately 7,800 rooms to our North American Full-Service segment, and included our entering into management agreements for several attractions at the Gaylord Opryland in Nashville, consisting of a showboat, a golf course, and a saloon. As part of the transaction, on December 1, 2012 we also assumed management of another hotel owned by Ryman Hospitality, the Inn at Opryland, with approximately 300 rooms. In the 2012 fourth quarter, we acquired land for $32 million in cash that we expect will be developed into a hotel. Earlier in 2012, we also acquired land and a building we plan to develop into a hotel for $160 million in cash. In conjunction with the latter acquisition, we had also made a cash deposit of $6 million late in 2011. 2012 Dispositions In 2012, we completed the sale of our equity interest in a North American Limited-Service joint venture (formerly two joint ventures which were merged before the sale) and we amended certain provisions of the management agreements for the underlying hotel portfolio. As a result of this transaction, we received cash proceeds of $96 million, including $30 million of proceeds which is refundable by us over the term of the management agreements if the hotel portfolio does not meet certain quarterly hotel performance thresholds. To the extent the hotel portfolio meets the quarterly hotel performance thresholds, we will recognize the $30 million of proceeds over the remaining term of the management agreements as base fee revenue. In 2012, we recognized a gain of $41 million, which consisted of: (1) $20 million of gain that we deferred in 2005 because we retained the equity interest following the original sale of land to one of the joint ventures and because there were contingencies for the 2005 transaction that expired with this sale; and (2) $21 million of gain on the sale of the equity interest. We also recognized base management fee revenue totaling $7 million, most of which we had deferred in earlier periods, but which we earned in conjunction with the sale. We also sold our ExecuStay corporate housing business in 2012. Neither the sales price nor the gain we recognized was material to our results of operations and cash flows. The revenues, results of operations, assets, and liabilities of our ExecuStay business also were not material to our financial position, results of operations or cash flows for any of the periods presented, and accordingly we have not reflected ExecuStay as a discontinued operation. 2011 Acquisitions In 2011, we contributed approximately $51 million (€37 million) in cash for the intellectual property and associated 50 percent interests in two new joint ventures formed for the operation, management, and development of AC Hotels by Marriott, initially in Europe but eventually in other parts of the world. The hotels are managed by the joint ventures or franchised at the direction of the joint ventures. As we note in Footnote No. 14, “Contingencies,” we have a right and, in some circumstances, an obligation to acquire the remaining interest in the joint ventures over the next eight years. In 2011, we acquired certain assets and a leasehold on a hotel for an initial payment of $34 million (€25 million) in cash plus fixed annual rent. See Footnote No. 18, “Leases,” for more information. As we note in Footnote No. 14, “Contingencies,” we also have a right and, in some circumstances, an obligation to acquire the landlord’s interest in the real estate property and attached assets of this hotel for $44 million (€33 million) during the next two years. 2011 Dispositions On November 21, 2011, we completed the spin-off of our timeshare operations and timeshare development business through a special tax-free dividend to our shareholders of all of the issued and outstanding common stock of our then wholly owned subsidiary MVW. The dividend consisted of a pro rata distribution of one share of MVW common stock for every ten shares of Marriott common stock to our shareholders of record at the close of business on November 10, 2011. We recognized no gain or loss as a result of the spin-off. Please see Footnote No. 16, "Spin-off," for more information. In 2011, we completed a bulk sale of land and developed inventory for net cash proceeds of $17 million and recorded a net gain of $2 million, which we included in the results of our former Timeshare segment. In 2011, we also sold our 11 percent interest in one hotel, concurrently terminated the associated lease agreement, and entered into a long-term management agreement. Cash proceeds totaled $1 million, and we recognized a $2 million loss. We accounted for our sale of the 89 percent interest in 1999 under the financing method and reflected the sales proceeds received in 1999 as long-term debt. In conjunction with the 2011 sale of the remaining 11 percent interest, our assets decreased by $19 million and liabilities decreased by $17 million. 2010 Acquisitions In 2010, we acquired one land parcel for hotel development and one hotel for cash consideration of $175 million. We also acquired timeshare and fractional units for use in our former Timeshare segment's The Ritz-Carlton Destination Club program for cash consideration of $112 million, which included a deposit of $11 million, paid in 2009. 2010 Dispositions In 2010, we sold two limited-service properties, one full-service property, and one land parcel for cash proceeds of $114 million and recorded a net gain of $27 million. We accounted for each of the sales under the full accrual method under the accounting guidance for sales of real estate. We continue to operate the one full-service property and one of the limited-service properties under management agreements. The one other limited-service property left our system. |
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This element is used to capture disclosure pertaining to acquisitions and dispositions. For acquisitions, description of a business acquisition (or series of individually immaterial business combinations) planned, initiated, or completed during the period, including background, timing, and allocation of acquisition costs. For dispositions, disclosure includes the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain or loss recognized in the income statement and the income statement caption that includes that gain or loss, and the segment in which the disposal group was reported. No definition available.
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GOODWILL AND INTANGIBLE ASSETS
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| Goodwill and Intangible Assets | GOODWILL AND INTANGIBLE ASSETS The following table details the composition of our other intangible assets at year-end 2012 and 2011:
We capitalize both direct and incremental costs that we incur to acquire management, franchise, and license agreements. We amortize these costs on a straight-line basis over the initial term of the agreements, ranging from 15 to 30 years. Our amortization expense totaled $51 million in 2012, $41 million in 2011, and $40 million in 2010. Our estimated aggregate amortization expense for each of the next five fiscal years is as follows: $46 million for 2013; $46 million for 2014; $46 million for 2015; $46 million for 2016; and $46 million for 2017. In conjunction with our acquisition of the Gaylord brand and hotel management company in the 2012 fourth quarter, we recognized $210 million in intangible assets that we began amortizing over a weighted average period of 38 years. These intangible assets consist of $192 million in contract acquisition costs which we expect to amortize over 35 years, and an $18 million brand intangible which we expect to amortize over 65 years. Please see Footnote No. 7, "Acquisitions and Dispositions," for more information on this acquisition. The following table details the carrying amount of our goodwill at year-end 2012 and 2011:
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The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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NOTES RECEIVABLE
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| Notes Receivable | NOTES RECEIVABLE The following table shows the composition of our notes receivable balances (net of reserves and unamortized discounts) at year-end 2012 and 2011:
We classify notes receivable due within one year as current assets in the caption “Accounts and notes receivable” in our Balance Sheets. The following table shows the composition of our long-term notes receivable balances (net of reserves and unamortized discounts):
The following tables show the expected future principal payments (net of reserves and unamortized discounts) as well as interest rates and unamortized discounts for our notes receivable as of year-end 2012:
Senior, Mezzanine, and Other Loans Generally, all of the loans we make have similar characteristics in that they are loans to owners and operators of hotels and hospitality properties. We reflect interest income for “Senior, mezzanine, and other loans” in the “Interest income” caption in our Income Statements. At year-end 2012, our recorded investment in impaired “Senior, mezzanine, and other loans” was $93 million. We had a $79 million notes receivable reserve representing an allowance for credit losses, leaving $14 million of our investment in impaired loans, for which we had no related allowance for credit losses. At year-end 2011, our recorded investment in impaired “Senior, mezzanine, and other loans” was $96 million, and we had a $78 million notes receivable reserve representing an allowance for credit losses, leaving $18 million of our investment in impaired loans, for which we had no related allowance for credit losses. Our average investment in impaired “Senior, mezzanine, and other loans” totaled $94 million during 2012, $89 million during 2011, and $137 million during 2010. The following table summarizes the activity for our “Senior, mezzanine, and other loans” notes receivable reserve for 2010, 2011, and 2012:
Past due senior, mezzanine, and other loans totaled $7 million at year-end 2012 and $8 million at year-end 2011. For further information on the activity before the spin-off for our "Loans to timeshare owners" notes receivable reserve, please see Footnote No. 10, "Notes Receivable" of the Notes to our Financial Statements of our 2011 Form 10-K. |
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The entire disclosure for financing receivables. Examples of financing receivables include, but are not limited to, loans, trade accounts receivables, notes receivable, credit cards, and receivables relating to a lessor's right(s) to payment(s) from a lease other than an operating lease that is recognized as assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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ASSET SECURITIZATIONS
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Dec. 28, 2012
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| Transfers and Servicing [Abstract] | |
| Asset Securitizations | ASSET SECURITIZATIONS Before our spin-off of our Timeshare business (see Footnote No. 16, "Spin-off," for more information on the spin-off), we periodically securitized, without recourse, through special purpose entities that we consolidated, notes receivable originated by our former Timeshare segment in connection with the sale of timeshare interval and fractional products. We continued to service the notes and transferred all proceeds collected to special purpose entities. We retained servicing agreements and other interests in the notes. The executed transactions typically included minimal cash reserves established at time of securitization, as well as default and delinquency triggers, which we monitored on a monthly basis. In 2010, we securitized notes receivable of $229 million originated by our Timeshare segment. The note securitization was made to a transaction-specific trust that, simultaneously with its purchase of the notes receivable, issued $218 million of the trust’s notes. Under this securitization we received proceeds, net of costs and reserves, of $215 million. See Footnote No. 17, “Variable Interest Entities” for discussion of the impact of the entities that facilitated our notes receivable securitizations on our financial position, financial performance, and cash flows for 2010 and 2011. |
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The entire disclosure for a transferor's continuing involvement in financial assets that it has transferred in a securitization or asset-backed financing arrangement, the nature of any restrictions on assets reported by an entity in its statement of financial position that relate to a transferred financial asset (including the carrying amounts of such assets), how servicing assets and servicing liabilities are reported, and (for securitization or asset-backed financing arrangements accounted for as sales) when a transferor has continuing involvement with the transferred financial assets and transfers of financial assets accounted for as secured borrowings, how the transfer of financial assets affects an entity's financial position, financial performance, and cash flows. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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LONG-TERM DEBT
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Dec. 28, 2012
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| Debt Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | LONG-TERM DEBT We provide detail on our long-term debt balances in the following table:
All of our long-term debt was, and to the extent currently outstanding is, recourse to us but unsecured. Other debt in the preceding table includes capital leases, among other items. In the fourth quarter of 2012, we issued $350 million aggregate principal amount of 3.250 percent Series L Notes due 2022 (the "Series L Notes"). We received net proceeds of approximately $346 million from the offering, after deducting the underwriting discount and estimated expenses. We will pay interest on the Series L Notes on March 15 and September 15 of each year, commencing on March 15, 2013. The Notes will mature on September 15, 2022, and we may redeem them, in whole or in part, at our option, under the terms provided in the form of Note. In the first quarter of 2012, we issued $600 million aggregate principal amount of 3.000 percent Series K Notes due 2019 (the "Series K Notes") in two offerings, one for $400 million and a follow on for $200 million. We received total net proceeds of approximately $590 million from these offerings, after deducting underwriting discounts and estimated expenses. We pay interest on the Series K Notes on March 1 and September 1 of each year, and we made our first interest payment on September 1, 2012. The Notes will mature on March 1, 2019, and we may redeem them, in whole or in part, at our option, under the terms provided in the form of Note. We issued both the Series K Notes and the Series L Notes under an indenture dated as of November 16, 1998 with The Bank of New York Mellon, as successor to JPMorgan Chase Bank, N.A. (formerly known as The Chase Manhattan Bank), as trustee. Subsequent to year-end 2012, on February 15, 2013, we made a $411 million cash payment of principal and interest to retire, at maturity, all of our outstanding Series J Notes. In 2012, we made a $356 million cash payment of principal and interest to retire, at maturity, all of our outstanding Series F Notes. We are party to a multicurrency revolving credit agreement (the “Credit Facility”) that provides for $1.75 billion of aggregate borrowings to support general corporate needs, including working capital, capital expenditures, and letters of credit. The Credit Facility expires on June 23, 2016. The availability of the Credit Facility also supports our commercial paper program. Borrowings under the Credit Facility bear interest at LIBOR (the London Interbank Offered Rate) plus a spread, based on our public debt rating. We also pay quarterly fees on the Credit Facility at a rate also based on our public debt rating. While any outstanding commercial paper borrowings and/or borrowings under our Credit Facility generally have short-term maturities, we classify the outstanding borrowings as long-term based on our ability and intent to refinance the outstanding borrowings on a long-term basis. We show future principal payments (net of unamortized discounts) and unamortized discounts for our debt in the following tables:
We paid cash for interest, net of amounts capitalized, of $83 million in 2012, $130 million in 2011, and $148 million in 2010. |
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The entire disclosure for long-term debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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SELF-INSURANCE RESERVE FOR LOSSES AND LOSS ADJUSTMENT EXPENSES
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Dec. 28, 2012
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| Self-Insurance Reserve for Losses and Loss Adjustment Expenses Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Self-Insurance Reserve for Losses and Loss Adjustment Expenses | SELF-INSURANCE RESERVE FOR LOSSES AND LOSS ADJUSTMENT EXPENSES The following table summarizes the activity in our self-insurance reserve for losses and loss adjustment expenses for the last two fiscal years:
Our provision for unpaid loss and loss adjustment expenses decreased by $11 million in 2012 and $9 million in 2011 as a result of changes in estimates from insured events from prior years due to changes in underwriting experience and frequency and severity trends. Our year-end 2012 self-insurance reserve of $342 million consisted of a current portion of $103 million and long-term portion of $239 million. Our year-end 2011 self-insurance reserve of $330 million consisted of a current portion of $99 million and long-term portion of $231 million. |
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Self-Insurance Reserve For Loss and Loss Adjustment Expense No definition available.
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SHAREHOLDERS’ (DEFICIT) EQUITY
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Dec. 28, 2012
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| Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Shareholders' (Deficit) Equity | SHAREHOLDERS’ (DEFICIT) EQUITY Our restated certificate of incorporation authorizes 800 million shares of our common stock, with a par value of $.01 per share and 10 million shares of preferred stock, without par value. At year-end 2012, we had 310.9 million of these authorized shares of our common stock and no preferred stock outstanding. The following table details the accumulated other comprehensive income (loss) activity for 2010, 2011, and 2012:
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The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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CONTINGENCIES
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Dec. 28, 2012
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| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Contingencies | CONTINGENCIES Guarantees We issue guarantees to certain lenders and hotel owners, primarily to obtain long-term management contracts. The guarantees generally have a stated maximum funding amount and a term of four to ten years. The terms of guarantees to lenders generally require us to fund if cash flows from hotel operations are inadequate to cover annual debt service or to repay the loan at the end of the term. The terms of the guarantees to hotel owners generally require us to fund if the hotels do not attain specified levels of operating profit. Guarantee fundings to lenders and hotel owners are generally recoverable as loans repayable to us out of future hotel cash flows and/or proceeds from the sale of hotels. We also enter into project completion guarantees with certain lenders in conjunction with hotels that we or our joint venture partners are building. We show the maximum potential amount of our future guarantee fundings and the carrying amount of our liability for guarantees which we are the primary obligor at year-end 2012 in the following table:
We included our liability at year-end 2012 for guarantees for which we are the primary obligor in our Balance Sheet as follows: $7 million in the “Other current liabilities” and $63 million in the “Other long-term liabilities.” Our guarantees listed in the preceding table include $34 million of debt service guarantees that will not be in effect until the underlying properties open and we begin to operate the properties or certain other events occur. The preceding table does not include the following guarantees:
In addition to the guarantees described in the preceding paragraphs, in conjunction with financing obtained for specific projects or properties owned by joint ventures in which we are a party, we may provide industry standard indemnifications to the lender for loss, liability, or damage occurring as a result of the actions of the other joint venture owner or our own actions. Commitments and Letters of Credit In addition to the guarantees we note in the preceding paragraphs, at year-end 2012, we had the following commitments outstanding:
At year-end 2012, we had $68 million of letters of credit outstanding ($67 million outside the Credit Facility and $1 million under our Credit Facility), the majority of which were for our self-insurance programs. Surety bonds issued as of year-end 2012, totaled $120 million, the majority of which federal, state and local governments requested in connection with our self-insurance programs. Legal Proceedings On January 19, 2010, several former Marriott employees (the "plaintiffs") filed a putative class action complaint against us and the Stock Plan (the "defendants"), alleging that certain equity awards of deferred bonus stock granted to the plaintiffs and other current and former employees for fiscal years 1963 through 1989 are subject to vesting requirements under the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), that are in certain circumstances more rapid than those set forth in the awards, various other purported ERISA violations, and various breaches of contract in connection with the awards. The plaintiffs seek damages, class attorneys' fees and interest, with no amounts specified. The action is proceeding in the United States District Court for the District of Maryland (Greenbelt Division) and Dennis Walter Bond Sr. and Michael P. Steigman are the current named plaintiffs. The parties completed limited discovery concerning the issues of statute of limitations and class certification. We filed a motion for summary judgment on the issue of statute of limitations in December 2012, and a hearing on the issues is anticipated in the spring of 2013. We and the Stock Plan have denied all liability, and while we intend to vigorously defend against the claims being made by the plaintiffs, we can give you no assurance about the outcome of this lawsuit. We currently cannot estimate the range of any possible loss to the Company because an amount of damages is not claimed, there is uncertainty as to whether a class will be certified and if so as to the size of the class, and the possibility of our prevailing on our statute of limitations defense may significantly limit any claims for damages. In March 2012, the Korea Fair Trade Commission ("KFTC") obtained documents from two of our managed hotels in Seoul, Korea in connection with an investigation which we believe is focused on pricing of hotel services within the Seoul region. Since then, the KFTC has conducted additional fact-gathering at those two hotels and also has collected information from another Marriott managed hotel located in Seoul. We understand that the KFTC also has sought documents from numerous other hotels in Seoul and other parts of Korea that we do not operate, own or franchise. We have not yet received a complaint or other legal process. We are cooperating with this investigation. |
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The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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BUSINESS SEGMENTS
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Segments | BUSINESS SEGMENTS We are a diversified lodging company with operations in four business segments:
In addition, before the spin-off, our former Timeshare segment consisted of the timeshare operations and timeshare development business that we transferred to MVW in conjunction with the spin-off. We continue to include our former Timeshare segment's historical financial results for periods before the spin-off in our historical financial results as a component of continuing operations as reflected in the tables that follow. See Footnote No. 16, "Spin-off" for more information on the spin-off. We evaluate the performance of our segments based primarily on the results of the segment without allocating corporate expenses, income taxes, or indirect general, administrative, and other expenses. We allocate gains and losses, equity in earnings or losses from our joint ventures, and divisional general, administrative, and other expenses to each of our segments. “Other unallocated corporate” represents that portion of our revenues, general, administrative, and other expenses, equity in earnings or losses, and other gains or losses that we do not allocate to our segments. "Other unallocated corporate" includes license fees we receive from our credit cards and following the spin-off, also includes license fees from MVW. We aggregate the brands presented within our segments considering their similar economic characteristics, types of customers, distribution channels, the regulatory business environments and operations within each segment and our organizational and management reporting structure. Revenues
Net Income
Equity in Losses of Equity Method Investees
Depreciation and Amortization
Assets
Equity Method Investments
Goodwill
Capital Expenditures
Segment expenses include selling expenses directly related to the operations of the businesses, aggregating $53 million in 2012, $354 million in 2011 (approximately 82 percent of which were for our former Timeshare segment for the period before the spin-off), and $419 million in 2010 (approximately 85 percent of which were for our former Timeshare segment). Our Financial Statements include the following related to operations located outside the United States (which are for our International and Luxury lodging segments):
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The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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SPIN-OFF
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Dec. 28, 2012
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| Spinoff Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Spin-off | SPIN-OFF On November 21, 2011, we completed a spin-off of our timeshare operations and timeshare development business through a special tax-free dividend to our shareholders of all of the issued and outstanding common stock of our then wholly owned subsidiary MVW. Marriott shareholders of record as of the close of business on November 10, 2011 received one share of MVW common stock for every ten shares of Marriott common stock. Neither we nor our shareholders recognize income, gain, or loss for federal income tax purposes as a result of the distribution of MVW common stock, except in the case of our shareholders for cash they received in lieu of fractional shares. As a result of the spin-off, MVW is an independent company whose common shares are listed on the New York Stock Exchange under symbol "VAC," and we no longer beneficially own any shares of MVW. In connection with the spin-off, we entered into several agreements with MVW, and, in some cases, certain of its subsidiaries, that govern our post-spin-off relationship with MVW, including a Separation and Distribution Agreement, two License Agreements for the use of Marriott and Ritz-Carlton marks and intellectual property, an Employee Benefits and Other Employment Matters Allocation Agreement, a Tax Sharing and Indemnification Agreement, a Marriott Rewards Affiliation Agreement, and a Non-Competition Agreement. Under license agreements with us, MVW is both the exclusive developer and operator of timeshare, fractional, and related products under the Marriott brand and the exclusive developer of fractional and related products under The Ritz-Carlton brand. Under the license agreements we receive license fees consisting of a fixed annual fee of $50 million plus two percent of the gross sales price paid to MVW for initial developer sales of interest in vacation ownership units and residential real estate units and one percent of the gross sales price paid to MVW for resales of interests in vacation ownership units and residential real estate units, in each case that are identified with or use the Marriott or Ritz-Carlton marks. The license fee also includes a periodic inflation adjustment. As of the spin-off date, we no longer consolidate MVW's financial results for periods after the spin-off date as part of our financial reporting. However, because of our significant continuing involvement in MVW operations after the spin-off (by virtue of the license and other agreements between us and MVW), we continue to include our former Timeshare segment's historical financial results for periods before the spin-off date in our historical financial results as a component of continuing operations. Our shareholders' equity decreased by $1,162 million as a result of the spin-off of MVW. We show in the following table the components of the decrease, which was primarily noncash and principally consisted of the net book value of the net assets we contributed to MVW in the spin-off:
For 2011, we recognized $34 million of transaction-related expenses for the spin-off. During the 2011 fourth quarter before the spin-off we also received net cash proceeds of: (1) approximately $122 million from a $300 million secured warehouse credit facility that MVW put in place to provide short-term financing for receivables originated in connection with the sale of timeshare interests, and (2) $38 million from our sale to third-party investors of preferred stock that a subsidiary of MVW issued to us. This distribution of approximately $160 million in cash before completion of the spin-off had no impact on our earnings. Before the spin-off, management assessed the Timeshare segment's intended use of excess undeveloped land and built inventory and the then current market conditions for those assets. On September 8, 2011, management approved a plan for our former Timeshare segment to accelerate cash flow through the monetization of certain excess undeveloped land in the U.S., Mexico, and the Bahamas over the next 18 to 24 months and to accelerate sales of excess built luxury fractional and residential inventory over the next three years. As a result, under the guidance for accounting for the impairment or disposal of long-lived assets, because the nominal cash flows from the planned land sales and the estimated fair values of the land and excess built luxury inventory were less than their respective carrying values, we recorded a pre-tax noncash impairment charge of $324 million ($234 million after-tax) in our 2011 Income Statement under the "Timeshare strategy-impairment charges" caption which we allocated to our former Timeshare segment. The pre-tax noncash impairment charge consisted of a $256 million inventory impairment and a $68 million property and equipment impairment. We estimated the fair value of the land by using recent comparable sales data for the land parcels, which we determined were Level 3 inputs. We estimated the fair value of the excess built luxury fractional and residential inventory using cash flow projections discounted at risk premiums commensurate with the market conditions of the related projects. We used Level 3 inputs for these discounted cash flow analyses and our assumptions included: growth rate and sales pace projections, additional sales incentives such as pricing discounts, and marketing and sales cost estimates. Please see Footnote No. 18, "Timeshare Strategy-Impairment Charges" of the Notes to our Financial Statements in our 2011 Form 10-K for more information on these charges. |
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The disclosure of the spin-off of our timeshare operations and timeshare development business as a new independent company through a special tax-free dividend to shareholders in late 2011. No definition available.
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VARIABLE INTEREST ENTITIES
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Dec. 28, 2012
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Variable Interest Entities | VARIABLE INTEREST ENTITIES Under the applicable accounting guidance for the consolidation of variable interest entities, we analyze our variable interests, including loans, guarantees, and equity investments, to determine if an entity in which we have a variable interest is a variable interest entity. Our analysis includes both quantitative and qualitative reviews. We base our quantitative analysis on the forecasted cash flows of the entity, and our qualitative analysis on our review of the design of the entity, its organizational structure including decision-making ability, and relevant financial agreements. We also use our qualitative analysis to determine if we must consolidate a variable interest entity as its primary beneficiary. Variable interest entities related to our timeshare note securitizations Before the spin-off, we periodically securitized, without recourse, through special purpose entities, notes receivable originated by our former Timeshare segment in connection with the sale of timeshare interval and fractional products. These securitizations provided funding for us and transferred the economic risks and substantially all the benefits of the loans to third parties. In a securitization, various classes of debt securities that the special purpose entities issued were generally collateralized by a single tranche of transferred assets, which consisted of timeshare notes receivable. We serviced the notes receivable. With each securitization, we retained a portion of the securities, subordinated tranches, interest-only strips, subordinated interests in accrued interest and fees on the securitized receivables or, in some cases, overcollateralization and cash reserve accounts. As a result of our involvement with these entities in 2011 before the spin-off, we recognized $116 million of interest income, partially offset by $39 million of interest expense to investors and $3 million in debt issuance cost amortization. Similarly for 2010, we recognized $147 million of interest income, partially offset by $51 million of interest expense to investors, and $4 million in debt issuance cost amortization. We show our cash flows to and from the timeshare notes securitization variable interest entities in the following table for 2011 before the spin-off and for 2010:
Under the terms of our timeshare note securitizations, we had the right at our option to repurchase defaulted mortgage notes at the outstanding principal balance. The transaction documents typically limited such repurchases to 10 to 20 percent of the transaction’s initial mortgage balance. We voluntarily repurchased $43 million of defaulted notes during 2011 and $68 million during 2010. We also voluntarily repurchased $21 million of other non-defaulted notes during 2011 and $25 million during 2010. Other variable interest entities In conjunction with the transaction with CTF that we described more fully in our Annual Report on Form 10-K for 2007 in Footnote No. 8, “Acquisitions and Dispositions,” under the caption “2005 Acquisitions,” we manage hotels on behalf of tenant entities that are 100 percent owned by CTF, which lease the hotels from third-party owners. Due to certain provisions in the management agreements, we account for these contracts as operating leases. At year-end 2012, we managed five hotels on behalf of three tenant entities. The entities have minimal equity and minimal assets, consisting of hotel working capital and furniture, fixtures, and equipment. As part of the 2005 transaction, CTF placed money in a trust account to cover cash flow shortfalls and to meet rent payments. In turn, we released CTF from its guarantees fully for three of these properties and partially for the other two properties. The trust account was fully depleted prior to year-end 2011. The tenant entities are variable interest entities because the holder of the equity investment at risk, CTF, lacks the ability through voting rights to make key decisions about the entities’ activities that have a significant effect on the success of the entities. We do not consolidate the entities because we do not have: (1) the power to direct the activities that most significantly impact the entities' economic performance or (2) the obligation to absorb losses of the entities or the right to receive benefits from the entities that could potentially be significant. We are liable for rent payments for three of the five hotels if there are cash flow shortfalls. Future minimum lease payments through the end of the lease term for these hotels totaled approximately $12 million at year-end 2012. In addition, as of year-end 2012 we are liable for rent payments of up to an aggregate cap of $5 million for the two other hotels if there are cash flow shortfalls. Our maximum exposure to loss is limited to the rent payments and certain other tenant obligations under the lease, for which we are secondarily liable. |
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Disclosure of variable interest entities (VIE), including, but not limited to the nature, purpose, size, and activities of the VIE, the carrying amount and classification of consolidated assets that are collateral for the VIE's obligations, lack of recourse if creditors (or beneficial interest holders) of a consolidated VIE have no recourse to the general credit of the primary beneficiary. An enterprise that holds a significant variable interest in a VIE but is not the primary beneficiary may disclose the nature of its involvement with the VIE and when that involvement began, the nature, purpose, size, and activities of the VIE and the enterprise's maximum exposure to loss as a result of its involvement with the VIE. No definition available.
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LEASES
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Dec. 28, 2012
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Leases | LEASES We have summarized below our future obligations under operating leases at year-end 2012:
Most leases have initial terms of up to 20 years and contain one or more renewal options, generally for five- or 10-year periods. These leases provide for minimum rentals and additional rentals based on our operations of the leased property. The total minimum lease payments above include $272 million of obligations of our consolidated subsidiaries that are non-recourse to us. The foregoing table does not reflect $17 million in aggregate minimum lease payments, for which we are secondarily liable, relating to the CTF leases further discussed in Footnote No. 17, “Variable Interest Entities,” as follows: $11 million in 2013 and $6 million in 2014. The following table details the composition of rent expense for operating leases for the last three years:
The following table summarizes our future obligations under capital leases at year-end 2012:
The “Long-term debt” caption in the accompanying Balance Sheets includes $50 million for year-end 2012 and $64 million for year-end 2011 that represents the present value of net minimum lease payments for capital leases. |
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The entire disclosure for lessee entity's leasing arrangements including, but not limited to, all of the following: (a.) The basis on which contingent rental payments are determined, (b.) The existence and terms of renewal or purchase options and escalation clauses, (c.) Restrictions imposed by lease agreements, such as those concerning dividends, additional debt, and further leasing. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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RELATED PARTY TRANSACTIONS
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Dec. 28, 2012
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| Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Related Party Transactions | RELATED PARTY TRANSACTIONS Equity Method Investments We have equity method investments in entities that own properties for which we provide management and/or franchise services and receive fees. In addition, in some cases we provide loans, preferred equity or guarantees to these entities. We generally own between 10 and 49 percent of these equity method investments. Undistributed earnings attributable to our equity method investments represented approximately $1 million of our consolidated retained earnings at year-end 2012. The following tables present financial data resulting from transactions with these related parties: Income Statement Data
Balance Sheet Data
Summarized information for the entities in which we have equity method investments is as follows: Income Statement Data
Balance Sheet Summary
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The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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RELATIONSHIP WITH MAJOR CUSTOMER
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Dec. 28, 2012
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| Relationship with Major Customer Disclosure [Abstract] | |
| Relationship With Major Customer | RELATIONSHIP WITH MAJOR CUSTOMER Host Hotels & Resorts, Inc., formerly known as Host Marriott Corporation, and its affiliates (“Host”) owned or leased 124 lodging properties at year-end 2012 and 127 lodging properties at year-end 2011 that we operated under long-term agreements. Over the last three years, we recognized revenues of $2,212 million in 2012, $2,207 million in 2011, and $2,036 million in 2010 from those lodging properties, and included those revenues in our North American Full-Service, North American Limited-Service, Luxury, and International segments. Host is also a partner in certain unconsolidated partnerships that own lodging properties that we operate under long-term agreements. Host was affiliated with ten such properties at year-end 2012 and five such properties at year-end 2011 and year-end 2010. We recognized revenues of $114 million in 2012, $106 million in 2011, and $112 million in 2010 from those lodging properties, and included those revenues in our North American Full-Service, Luxury, and International segments. |
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This element may be used to capture the complete disclosure about the extent of the entity's reliance on its major customers. If revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, the entity must disclose that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. No definition available.
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
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Dec. 28, 2012
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| Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Basis of Presentation | Basis of Presentation The consolidated financial statements present the results of operations, financial position, and cash flows of Marriott International, Inc. (“Marriott,” and together with its subsidiaries “we,” “us,” or the “Company”). In order to make this report easier to read, we refer throughout to (i) our Consolidated Financial Statements as our “Financial Statements,” (ii) our Consolidated Statements of Income as our “Income Statements,” (iii) our Consolidated Balance Sheets as our “Balance Sheets,” (iv) our properties, brands, or markets in the United States and Canada as “North America” or “North American,” and (v) our properties, brands, or markets outside of the United States and Canada as “international.” In addition, references throughout to numbered "Footnotes" refer to the numbered Notes in these Notes to Consolidated Financial Statements, unless otherwise noted. On November 21, 2011 ("the spin-off date"), we completed a spin-off of our timeshare operations and timeshare development business through a special tax-free dividend to our shareholders of all of the issued and outstanding common stock (the "spin-off") of our wholly owned subsidiary Marriott Vacations Worldwide Corporation ("MVW"). Because of our significant continuing involvement in MVW operations after the spin-off (by virtue of license and other agreements between us and MVW), we continue to include the historical financial results before the spin-off date of our former Timeshare segment in our historical financial results as a component of continuing operations. See Footnote No. 16, "Spin-off," for more information on the spin-off. Preparation of financial statements that conform with U.S. generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the date of the financial statements, the reported amounts of revenues and expenses during the reporting periods, and the disclosures of contingent liabilities. Accordingly, ultimate results could differ from those estimates. In our opinion, the accompanying Financial Statements reflect all normal and recurring adjustments necessary to present fairly our financial position at fiscal year-end 2012 and fiscal year-end 2011 and the results of our operations and cash flows for fiscal years 2012, 2011, and 2010. We have eliminated all material intercompany transactions and balances between entities consolidated in these Financial Statements. |
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| Fiscal Year | Fiscal Year Our fiscal year for each period presented in these Financial Statements ends on the Friday nearest to December 31. The fiscal years in the following table encompass a 52-week period, except for 2008, which encompasses a 53-week period. Unless otherwise specified, each reference to a particular year in this Form 10-K means the fiscal year ended on the date shown in the following table, rather than the corresponding calendar year:
Our 2013 fiscal year began on December 29, 2012 and will end on December 31, 2013. In addition, beginning in 2014, our fiscal years will be the same as the corresponding calendar year (each beginning on January 1 and ending on December 31). |
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| Revenue Recognition | Revenue Recognition Our revenues include: (1) base management and incentive management fees; (2) franchise fees (including licensing fees from MVW after the spin-off of $61 million for 2012 and $4 million for 2011); (3) revenues from lodging properties we own or lease; and (4) cost reimbursements. Management fees are typically composed of a base fee, which is a percentage of the revenues of hotels, and an incentive fee, which is generally based on hotel profitability. Franchise fees are typically composed of initial application fees and continuing royalties generated from our franchise programs, which permit the hotel owners and operators to use certain of our brand names. Cost reimbursements include direct and indirect costs that are reimbursed to us by properties that we manage or franchise. Base Management and Incentive Management Fees: We recognize base management fees as revenue when we earn them under the contracts. In interim periods and at year-end, we recognize incentive management fees that would be due as if the contracts were to terminate at that date, exclusive of any termination fees payable or receivable by us. Franchise Fee and License Fee Revenue: We recognize franchise fees and license fees as revenue in each accounting period as we earn those fees from the franchisee or licensee under the contracts. Owned and Leased Units: We recognize room sales and revenues from other guest services for our owned and leased units when rooms are occupied and when we have rendered the services. Cost Reimbursements: We recognize cost reimbursements from managed and franchised properties when we incur the related reimbursable costs. Other Revenue: Includes other third-party licensing fees, branding fees for third-party residential sales and credit card licensing, land rental income, and other revenue. Timeshare Revenue Recognition Before the 2011 Spin-off: For periods before the spin-off, our revenues also included revenue from our former Timeshare segment including cost reimbursements revenue and timeshare sales and services revenue, the latter of which included the following types of revenue: Timeshare and Fractional Intervals and Condominiums: Before the spin-off, we recognized sales when: (1) we had received a minimum of 10 percent of the purchase price; (2) the purchaser’s period to cancel for a refund had expired; (3) we deemed the receivables to be collectible; and (4) we had attained certain minimum sales and construction levels. We deferred all revenue using the deposit method for sales that did not meet all four of these criteria. For sales that did not qualify for full revenue recognition as the project had progressed beyond the preliminary stages but had not yet reached completion, we deferred all revenue and profit which we then recognized in earnings using the percentage of completion method. Timeshare Points-Based Use System Revenue: Before the spin-off, we recognized sales under our points-based use system when the criteria noted in the “Timeshare and Fractional Intervals and Condominiums” caption were met, as we considered these sales to be sales of real estate. Timeshare Residential (Stand-Alone Structures): Before the spin-off, we recognized sales under the full accrual method of accounting when we received our proceeds and transferred title at settlement. Timeshare Interest Income: Before the spin-off, we reflected interest income from “Loans to timeshare owners” in our Income Statements in the "Timeshare sales and services" revenue caption |
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| Ground Leases | Ground Leases We are both the lessor and lessee of land under long-term operating leases that include scheduled increases in minimum rents. We recognize these scheduled rent increases on a straight-line basis over the initial lease term. |
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| Real Estate Sales | Real Estate Sales We reduce gains on sales of real estate by the maximum exposure to loss if we have continuing involvement with the property and do not transfer substantially all of the risks and rewards of ownership. In sales transactions where we retain a management contract, the terms and conditions of the management contract are generally comparable to the terms and conditions of the management contracts obtained directly with third-party owners in competitive bid processes. |
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| Profit Sharing Plan | Profit Sharing Plan We contribute to a profit sharing plan for the benefit of employees meeting certain eligibility requirements who elect to participate in the plan. Participating employees specify the percentage of salary deferred. |
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| Self-Insurance Programs | Self-Insurance Programs We self-insure for certain levels of property, liability, workers’ compensation and employee medical coverage. We accrue estimated costs of these self-insurance programs at the present value of projected settlements for known and incurred but not reported claims. We use a discount rate of 2.0 percent to determine the present value of the projected settlements, which we consider to be reasonable given our history of settled claims, including payment patterns and the fixed nature of the individual settlements. We are subject to a variety of assessments for our insurance activities, including those by state guaranty funds and workers’ compensation second-injury funds. We record our liabilities for these assessments in our Balance Sheets within the other current liabilities line. |
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| Our Rewards Programs | Our Rewards Programs Marriott Rewards and The Ritz-Carlton Rewards are our frequent guest loyalty programs. Program members earn points based on the money they spend at our lodging operations, purchases of timeshare interval, fractional ownership, and residential products (through MVW for periods after the spin-off date) and, to a lesser degree, through participation in affiliated partners’ programs, such as those offered by car rental, and credit card companies. Members can redeem points, which we track on their behalf, for stays at most of our lodging operations, airline tickets, airline frequent flyer program miles, rental cars, and a variety of other awards. Points cannot be redeemed for cash. We provide Marriott Rewards and The Ritz-Carlton Rewards as marketing programs to participating properties, with the objective of operating the programs on a break-even basis to us. We sell the points for amounts that we expect will, in the aggregate, equal the costs of point redemptions and program operating costs over time. We defer revenue we receive from managed, franchised, and Marriott-owned/leased hotels and program partners. We estimate the value of the future redemption obligation using statistical formulas that project timing of future point redemption based on historical levels, including an estimate of the “breakage” for points that members will never redeem, and an estimate of the points that members will eventually redeem. These judgment factors determine our rewards programs' required liability for outstanding points. That liability totaled $2,021 million at year-end 2012 and $1,948 million at year-end 2011. A ten percent reduction in the estimate of “breakage” would have increased the estimated year-end 2012 liability by $120 million. Our management and franchise agreements require that properties reimburse us currently for the costs of operating the rewards programs, including marketing, promotion, communication with, and performing member services for rewards program members. Due to the requirement that properties reimburse us for program operating costs as incurred, we recognize the related cost reimbursements revenues from properties for our rewards programs when we incur and expense such costs. We recognize the component of revenue from program partners that corresponds to program maintenance services over the expected life of the points awarded. When points are redeemed we recognize the amounts we previously deferred as revenue and the corresponding expense relating to the costs of the awards redeemed. |
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| Guarantees | Guarantees We measure and record a liability for the fair value of a guarantee on a nonrecurring basis, that is when we issue or modify a guarantee, using Level 3 internally developed inputs, as described below in this footnote under the heading "Fair Value Measurements." We generally base our calculation of the estimated fair value of a guarantee on the income approach or the market approach, depending on the type of guarantee. For the income approach, we use internally developed discounted cash flow and Monte Carlo simulation models that include the following assumptions, among others: projections of revenues and expenses and related cash flows based on assumed growth rates and demand trends; historical volatility of projected performance; the guaranteed obligations; and applicable discount rates. We base these assumptions on our historical data and experience, industry projections, micro and macro general economic condition projections, and our expectations. For the market approach, we use internal analyses based primarily on market comparable data and our assumptions about market capitalization rates, credit spreads, growth rates, and inflation. The offsetting entry for the guarantee liability depends on the circumstances in which the guarantee was issued. Funding under the guarantee reduces the recorded liability. In most cases, when we do not forecast any funding, we amortize the liability into income on a straight-line basis over the remaining term of the guarantee. On a quarterly basis, we evaluate all material estimated liabilities based on the operating results and the terms of the guarantee. If we conclude that it is probable that we will be required to fund a greater amount than previously estimated, we record a loss unless the advance would be recoverable in the form of a loan. |
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| Rebates and Allowances | Rebates and Allowances We participate in various vendor rebate and allowance arrangements as a manager of hotel properties. Three types of programs that are common in the hotel industry are sometimes referred to as “rebates” or “allowances,” including unrestricted rebates, marketing (restricted) rebates, and sponsorships. These arrangements have the primary business purposes of securing favorable pricing for our hotel owners for various products and services and enhancing resources for promotional campaigns that certain vendors co-sponsor. More specifically, unrestricted rebates are funds returned to the buyer, generally based on volumes or quantities of goods purchased. Marketing (restricted) allowances are funds allocated by vendor agreements for certain marketing or other joint promotional initiatives. Sponsorships are funds paid by vendors, generally used by the vendor to gain exposure at meetings and events, which we account for as a reduction of the cost of the event. We account for rebates and allowances as adjustments of the prices of the vendors’ products and services. We show vendor costs as reimbursed costs and the reimbursement of those costs to us as cost reimbursements revenue; and accordingly we reflect rebates as a reduction of these line items. |
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| Cash and Equivalents | Cash and Equivalents We consider all highly liquid investments with an initial maturity of three months or less at date of purchase to be cash equivalents. |
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| Assets Held for Sale | Assets Held for Sale We consider properties to be assets held for sale when all of the following criteria are met:
Upon designation of a property as an asset held for sale, we record the property's value at the lower of its carrying value or its estimated fair value, less estimated costs to sell, and we cease depreciation. |
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| Loan Loss Reserves | Loan Loss Reserves Senior, Mezzanine, and Other Loans We sometimes make loans to owners of hotels that we operate or franchise, typically to facilitate the development of a hotel and sometimes to facilitate brand programs or initiatives. We expect the owners to repay the loans in accordance with the loan agreements, or earlier as the hotels mature and capital markets permit. We use metrics such as loan-to-value ratios, debt service coverage, and collateral to assess the credit quality of the loan receivable, both upon entering into the loan agreement and on an ongoing basis as applicable. On a regular basis, we individually assess all of these loans for impairment. We use internally generated cash flow projections to determine if we expect the loans to be repaid under the terms of the loan agreements. If we conclude that it is probable a borrower will not repay a loan in accordance with its terms, we consider the loan impaired and begin recognizing interest income on a cash basis. To measure impairment, we calculate the present value of expected future cash flows discounted at the loan’s original effective interest rate or the estimated fair value of the collateral. If the present value or the estimated collateral is less than the carrying value of the loan receivable, we establish a specific impairment reserve for the difference. If it is likely that a loan will not be collected based on financial or other business indicators, including our historical experience, our policy is to charge off the loan in the quarter in which we deem it uncollectible. |
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| Goodwill | Goodwill We assess goodwill for potential impairment at the end of each fiscal year, or during the year if an event or other circumstance indicates that we may not be able to recover the carrying amount of the asset. In evaluating goodwill for impairment, we first assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount. If we conclude that it is not more likely than not that the fair value of a reporting unit is less than its carrying value, then no further testing of the goodwill assigned to the reporting unit is required. However, if we conclude that it is more likely than not that the fair value of a reporting unit is less than its carrying value, then we perform a two-step goodwill impairment test to identify potential goodwill impairment and measure the amount of goodwill impairment we will recognize, if any. In the first step of the two-step goodwill impairment test, we compare the estimated fair value of the reporting unit with its carrying value. If the estimated fair value of the reporting unit exceeds its carrying amount, no further analysis is needed. If, however, the estimated fair value of the reporting unit is less than its carrying amount, we proceed to the second step and calculate the implied fair value of the reporting unit goodwill to determine whether any impairment is required. We calculate the implied fair value of the reporting unit goodwill by allocating the estimated fair value of the reporting unit to all of the unit's assets and liabilities as if the unit had been acquired in a business combination. If the carrying value of the reporting unit’s goodwill exceeds the implied fair value of the goodwill, we recognize an impairment loss in the amount of that excess. In allocating the estimated fair value of the reporting unit to all of the assets and liabilities of the reporting unit, we use industry and market data, as well as knowledge of the industry and our past experience. We calculate the estimated fair value of a reporting unit using the income approach. For the income approach, we use internally developed discounted cash flow models that include the following assumptions, among others: projections of revenues, expenses, and related cash flows based on assumed long-term growth rates and demand trends; expected future investments to grow new units; and estimated discount rates. We base these assumptions on our historical data and experience, third-party appraisals, industry projections, micro and macro general economic condition projections, and our expectations. |
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| Investments | Investments We consolidate entities that we control. We account for investments in joint ventures using the equity method of accounting when we exercise significant influence over the venture. If we do not exercise significant influence, we account for the investment using the cost method of accounting. We account for investments in limited partnerships and limited liability companies using the equity method of accounting when we own more than a minimal investment. Our ownership interest in these equity method investments varies generally from 10 percent to 49 percent. The fair value of our available-for-sale securities totaled $56 million at year-end 2012 and $50 million at year-end 2011. The amount of net losses we reclassified out of accumulated other comprehensive income as a result of an other-than-temporary impairment of available-for-sale securities totaled zero for 2012 and $10 million for 2011. The amount of net losses reclassified out of accumulated other comprehensive loss as a result of the sale of available-for-sale securities totaled zero for both 2012 and 2011. When we sell securities, we determine the cost basis of the securities sold using specific identification, meaning that we track our securities individually. |
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| Valuation of Intangibles and Long-Lived Assets | Valuation of Intangibles and Long-Lived Assets We test intangibles and long-lived asset groups for recoverability when changes in circumstances indicate that we may not be able to recover the carrying value, for example, when there are material adverse changes in projected revenues or expenses, significant underperformance relative to historical or projected operating results, or significant negative industry or economic trends. We also test recoverability when management has committed to a plan to sell or otherwise dispose of an asset group and we expect to complete the plan within a year. We evaluate recoverability of an asset group by comparing its carrying value to the future net undiscounted cash flows that we expect the asset group will generate. If the comparison indicates that we will not be able to recover the carrying value of an asset group, we recognize an impairment loss for the amount by which the carrying value exceeds the estimated fair value. When we recognize an impairment loss for assets to be held and used, we depreciate the adjusted carrying amount of those assets over their remaining useful life. We calculate the estimated fair value of an intangible asset or asset group using the income approach or the market approach. We utilize the same assumptions and methodology for the income approach that we describe in the “Goodwill” caption. For the market approach, we use internal analyses based primarily on market comparables and assumptions about market capitalization rates, growth rates, and inflation. |
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| Valuation of Investments in Ventures | Valuation of Investments in Ventures We sometimes hold a minority equity interest in ventures established to develop or acquire and own hotel properties. Before the spin-off we also held minority interests in ventures established to develop timeshare interval, fractional ownership and residential properties. These ventures are or were generally limited liability companies or limited partnerships, and our equity interest in these ventures generally ranges or ranged from 10 percent to 49 percent. We evaluate an investment in a venture for impairment when circumstances indicate that we may not be able to recover the carrying value, for example due to loan defaults, significant under performance relative to historical or projected operating performance, or significant negative industry or economic trends. We impair investments we account for using the equity and cost methods of accounting when we determine that there has been an “other-than-temporary” decline in the venture’s estimated fair value compared to its carrying value. Additionally, a venture's commitment to a plan to sell some or all of its assets could cause us to evaluate the recoverability of the venture's individual long-lived assets and possibly the venture itself. We calculate the estimated fair value of an investment in a venture using either a market approach or an income approach. We utilize the same assumptions and methodology for the income approach that we describe in the “Goodwill” caption. For the market approach, we use internal analyses based primarily on market comparables and assumptions about market capitalization rates, growth rates, and inflation. |
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| Fair Value Measurements | Fair Value Measurements We have various financial instruments we must measure at fair value on a recurring basis, including certain marketable securities and derivatives. See Footnote No. 4, “Fair Value of Financial Instruments,” for further information. We also apply the provisions of fair value measurement to various nonrecurring measurements for our financial and nonfinancial assets and liabilities. Applicable accounting standards define fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (an exit price). We measure our assets and liabilities using inputs from the following three levels of the fair value hierarchy: Level 1 inputs are unadjusted quoted prices in active markets for identical assets or liabilities that we have the ability to access at the measurement date. Level 2 inputs include quoted prices for similar assets and liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data by correlation or other means (market corroborated inputs). Level 3 includes unobservable inputs that reflect our assumptions about what factors market participants would use in pricing the asset or liability. We develop these inputs based on the best information available, including our own data. |
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| Derivative Instruments | Derivative Instruments We record derivatives at fair value. The designation of a derivative instrument as a hedge and its ability to meet the hedge accounting criteria determine how we reflect the change in fair value of the derivative instrument in our Financial Statements. A derivative qualifies for hedge accounting if, at inception, we expect the derivative to be highly effective in offsetting the underlying hedged cash flows or fair value and we fulfill the hedge documentation standards at the time we enter into the derivative contract. We designate a hedge as a cash flow hedge, fair value hedge, or a net investment in non-U.S. operations hedge based on the exposure we are hedging. For the effective portion of qualifying cash flow hedges, we record changes in fair value in other comprehensive income (“OCI”). We release the derivative’s gain or loss from OCI to match the timing of the underlying hedged items’ effect on earnings. We review the effectiveness of our hedging instruments quarterly, recognize current period hedge ineffectiveness immediately in earnings, and discontinue hedge accounting for any hedge that we no longer consider to be highly effective. We recognize changes in fair value for derivatives not designated as hedges or those not qualifying for hedge accounting in current period earnings. Upon termination of cash flow hedges, we release gains and losses from OCI based on the timing of the underlying cash flows or revenue recognized, unless the termination results from the failure of the intended transaction to occur in the expected timeframe. Such untimely transactions require us to immediately recognize in earnings the gains and/or losses that we previously recorded in OCI. Changes in interest rates, currency exchange rates, and equity securities expose us to market risk. We manage our exposure to these risks by monitoring available financing alternatives, as well as through development and application of credit granting policies. We also use derivative instruments, including cash flow hedges, net investment in non-U.S. operations hedges, fair value hedges, and other derivative instruments, as part of our overall strategy to manage our exposure to market risks. As a matter of policy, we only enter into transactions that we believe will be highly effective at offsetting the underlying risk, and we do not use derivatives for trading or speculative purposes. |
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| Non-U.S. Operations | Non-U.S. Operations The U.S. dollar is the functional currency of our consolidated and unconsolidated entities operating in the United States. The functional currency of our consolidated and unconsolidated entities operating outside of the United States is generally the primary currency of the economic environment in which the entity primarily generates and expends cash. We translate the financial statements of consolidated entities whose functional currency is not the U.S. dollar into U.S. dollars, and we do the same, as needed, for unconsolidated entities whose functional currency is not the U.S. dollar. We translate assets and liabilities at the exchange rate in effect as of the financial statement date, and translate income statement accounts using the weighted average exchange rate for the period. We include translation adjustments from currency exchange and the effect of exchange rate changes on intercompany transactions of a long-term investment nature as a separate component of shareholders’ equity. We report gains and losses from currency exchange rate changes for intercompany receivables and payables that are not of a long-term investment nature, as well as gains and losses from non-U.S. currency transactions, currently in operating costs and expenses |
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| Legal Contingencies | Legal Contingencies We are subject to various legal proceedings and claims, the outcomes of which are uncertain. We record an accrual for legal contingencies when we determine that it is probable that we have incurred a liability and we can reasonably estimate the amount of the loss. In making such determinations we evaluate, among other things, the probability of an unfavorable outcome and, when we believe it probable that a liability has been incurred, our ability to make a reasonable estimate of the loss. We review these accruals each reporting period and make revisions based on changes in facts and circumstances. |
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| Income Taxes | Income Taxes We record the amounts of taxes payable or refundable for the current year, as well as deferred tax liabilities and assets for the future tax consequences of events we have recognized in our Financial Statements or tax returns, using judgment in assessing future profitability and the likely future tax consequences of those events. We base our estimates of deferred tax assets and liabilities on current tax laws, rates and interpretations, and, in certain cases, business plans and other expectations about future outcomes. We develop our estimates of future profitability based on our historical data and experience, industry projections, micro and macro general economic condition projections, and our expectations. Changes in existing tax laws and rates, their related interpretations, and the uncertainty generated by the current economic environment may affect the amounts of our deferred tax liabilities or the valuations of our deferred tax assets over time. Our accounting for deferred tax consequences represents management’s best estimate of future events that can be appropriately reflected in the accounting estimates. For tax positions we have taken or expect to take in a tax return, we apply a more likely than not threshold, under which we must conclude a tax position is more likely than not to be sustained, assuming that the position will be examined by the appropriate taxing authority that has full knowledge of all relevant information, in order to continue to recognize the benefit. In determining our provision for income taxes, we use judgment, reflecting our estimates and assumptions, in applying the more likely than not threshold. |
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| Cost Method Investments | We estimate the fair value of our cost method investments by applying a cap rate to stabilized earnings (a market approach using Level 3 inputs). |
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| Earnings Per Share Dilutive Securities | We compute the effect of dilutive securities using the treasury stock method and average market prices during the period. We determine dilution based on earnings. |
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| New Accounting Pronouncements | New Accounting Standards Accounting Standards Update No. 2011-04 – “Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs” (“ASU No. 2011-04”) ASU No. 2011-04, which we adopted in the 2012 first quarter, generally provides a uniform framework for fair value measurements and related disclosures between GAAP and International Financial Reporting Standards (“IFRS”). Additional disclosure requirements in the update include: (1) for Level 3 fair value measurements, quantitative information about unobservable inputs used, a description of the valuation processes used by the entity, and a qualitative discussion about the sensitivity of the measurements to changes in the unobservable inputs; (2) for an entity’s use of a nonfinancial asset that is different from the asset’s highest and best use, the reason for the difference; (3) for financial instruments not measured at fair value but for which disclosure of fair value is required, the fair value hierarchy level in which the fair value measurements were determined; and (4) the disclosure of all transfers between Level 1 and Level 2 of the fair value hierarchy. The adoption of this update did not have a material impact on our Financial Statements. See “Fair Value Measurements” under the "Basis of Presentation" caption of this footnote for more information on the three levels of fair value measurements. Accounting Standards Update No. 2011-05 – “Comprehensive Income (Topic 220): Presentation of Comprehensive Income” (“ASU No. 2011-05”) and Accounting Standards Update No. 2011-12 - "Comprehensive Income (Topic 220): Deferral of the Effective Date for Amendments to the Presentation of Reclassification of Items Out of Accumulated Other Comprehensive Income in ASU No. 2011-05" ("ASU No. 2011-12") ASU No. 2011-05, which we adopted in the 2012 first quarter, amends existing guidance by allowing only two options for presenting the components of net income and other comprehensive income: (1) in a single continuous financial statement, a statement of comprehensive income or (2) in two separate but consecutive financial statements, an income statement followed by a separate statement of other comprehensive income. We also adopted ASU No. 2011-12, which defers until further notice ASU No. 2011-05's requirement that items that are reclassified from other comprehensive income to net income be presented on the face of the financial statements. ASU No. 2011-05 required retrospective application. The adoption of these updates changed the order in which we presented certain Financial Statements, but did not have any other impact on our Financial Statements. |
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Policy for computing the effect of dilutive securities. No definition available.
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Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Disclosure of accounting policy for the cost method of accounting for investments in common stock or other interests including unconsolidated subsidiaries, corporate joint ventures, noncontrolling interests in real estate ventures, limited partnerships, and limited liability companies. An entity also may describe how such investments are assessed for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Disclosure of accounting policy for allowances received from a vendor. The disclosure differentiates between those allowances that are recorded as a reduction in the price of the vendors' products or services (that is, the entity's inventory) and which ultimately will be recorded as a reduction in the entity's cost of sales and those that are not. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for its derivative instruments and hedging activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for determining the fair value of financial instruments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for finance, loan and lease receivables, including those held for investment and those held for sale. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the allowance for loan and lease losses is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition (revenues, expenses and gains and losses arising from committing to issue, issuing, granting, collecting, terminating, modifying and holding loans) policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for determining an entity's fiscal year or other fiscal period. This disclosure may include identification of the fiscal period end-date, the length of the fiscal period, any reporting period lag between the entity and its subsidiaries, or equity investees. If a reporting lag exists, the closing date of the entity having a different period end is generally noted, along with an explanation of the necessity for using different closing dates. Any intervening events that materially affect the entity's financial position or results of operations are generally also disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for (1) transactions denominated in a currency other than the reporting enterprise's functional currency, (2) translating foreign currency financial statements that are incorporated into the financial statements of the reporting enterprise by consolidation, combination, or the equity method of accounting, and (3) remeasurement of the financial statements of a foreign reporting enterprise in a hyperinflationary economy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for goodwill. This accounting policy also may address how an entity assesses and measures impairment of goodwill, how reporting units are determined, how goodwill is allocated to such units, and how the fair values of the reporting units are determined. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for investments in financial assets, including marketable securities (debt and equity securities with readily determinable fair values), investments accounted for under the equity method and cost method, securities borrowed and loaned, and repurchase and resale agreements. For marketable securities, the disclosure may include the entity's accounting treatment for transfers between investment categories and how the fair values for such securities are determined. Also, for all investments, an entity may describe its policy for assessing, recognizing and measuring impairment of the investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for leasing arrangements (both lessor and lessee). This disclosure may address (1) lease classification (that is, operating versus capital), (2) how the term of a lease is determined (for example, the circumstances in which a renewal option is considered part of the lease term), (3) how rental revenue or expense is recognized for a lease that contains rent escalations, (4) an entity's accounting treatment for deferred rent, including that which arises from lease incentives, rent abatements, rent holidays, or tenant allowances (5) an entity's accounting treatment for contingent rental payments and (6) an entity's policy for reviewing, at least annually, the residual values of sales-type and direct-finance leases. The disclosure also may indicate how the entity accounts for its capital leases, leveraged leases or sale-leaseback transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for minimum guarantees, including the nature of each guarantee given to contract holders under long-duration contracts, and the methods of determining the amounts of the guarantees reflected as liabilities in the balance sheet or disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of the adoption of new accounting pronouncements that may impact the entity's financial reporting. No definition available.
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for entities that primarily develop and then sell real property at retail or otherwise. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Disclosure of accounting policy for revenue recognition. If the entity has different policies for different types of revenue transactions, the policy for each material type of transaction is generally disclosed. If a sales transaction has multiple element arrangements (for example, delivery of multiple products, services or the rights to use assets) the disclosure may indicate the accounting policy for each unit of accounting as well as how units of accounting are determined and valued. The disclosure may encompass important judgment as to appropriateness of principles related to recognition of revenue. The disclosure also may indicate the entity's treatment of any unearned or deferred revenue that arises from the transaction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
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Dec. 28, 2012
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| Accounting Policies [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Fiscal Years | The fiscal years in the following table encompass a 52-week period, except for 2008, which encompasses a 53-week period. Unless otherwise specified, each reference to a particular year in this Form 10-K means the fiscal year ended on the date shown in the following table, rather than the corresponding calendar year:
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- Definition
Schedule of Fiscal Years [Table Text Block] No definition available.
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- Details
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|
INCOME TAXES (Tables)
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Dec. 28, 2012
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| Income Tax Disclosure [Abstract] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| The (Provision for) Benefit from Income Taxes | Our provision for income taxes for the last three fiscal years consists of:
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| Unrecognized Tax Benefits Reconciliation | The following table reconciles our unrecognized tax benefit balance for each year from the beginning of 2010 to the end of 2012:
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| Total Deferred Tax Assets and Liabilities | We had the following total deferred tax assets and liabilities at year-end 2012 and year-end 2011:
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| Composition of Net Deferred Tax Balances | The following table details the composition of our net deferred tax balances at year-end 2012 and 2011:
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| Types of Temporary Differences and Carry-Forwards that Significantly Effect Deferred Tax Assets and Liabilities | The following table shows the tax effect of each type of temporary difference and carry-forward that gave rise to a significant portion of our deferred tax assets and liabilities as of year-end 2012 and year-end 2011:
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| Reconciliation of the U.S. Statutory Tax Rate to Our Effective Income Tax Rate for Continuing Operations | The following table reconciles the U.S. statutory tax rate to our effective income tax rate for the last three fiscal years:
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Components of net deferred tax assets No definition available.
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- Definition
Deferred Tax Assets and Liabilities Table Text Block No definition available.
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- Definition
Unrecognized Tax Benefits Reconciliation, Table No definition available.
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- Definition
Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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|
SHARE-BASED COMPENSATION (Tables)
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Dec. 28, 2012
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| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Additional Information on RSUs | The following table provides additional information on Marriott RSUs for the last three fiscal years:
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| Changes in Outstanding Restricted Stock Unit Grants | The following table shows the 2012 changes in our outstanding Marriott RSU grants and the associated weighted average grant-date fair values:
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| Changes in Outstanding Stock Option Program Awards | The following table shows the 2012 changes in our outstanding Marriott Stock Option Program awards and the associated weighted average exercise prices:
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| Stock Options Issued Under the Stock Option Program Awards | The following table shows the Marriott stock options issued under the Stock Option Program awards outstanding at year-end 2012, as well as those exercisable on that date (those where the exercise price was less than the market price of our common stock on that date):
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| Number of Options Granted and Associated Weighted Average Grant-Date Fair Values and Weighted Average Exercise Prices | The following table shows the number of Marriott stock options we granted in the last three fiscal years and the associated weighted average grant-date fair values and weighted average exercise prices:
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| Intrinsic Value of Outstanding Stock Options and Exercisable Stock Option | The following table shows the intrinsic value (the amount by which the market price of the underlying common stock exceeded the aggregate exercise price of the stock option) of all outstanding Marriott stock options and of exercisable Marriott stock options at year-end 2012 and 2011:
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| Changes in Outstanding SARs | The following table shows the 2012 changes in our outstanding Marriott SARs and the associated weighted average exercise prices:
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| Number of Employee SARs and Director SARs Granted, Associated Weighted Average Base Values, And Weighted Average Grant-Date Fair Values | The following tables show the number of Employee Marriott SARs and Director Marriott SARs we granted in the last three fiscal years, the associated weighted average exercise prices, and the associated weighted average grant-date fair values:
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| Assumptions for Stock Options and Employee SARs | We used the following assumptions to determine the fair value of the SARs and stock options we granted to employees and non-employee directors in 2012, and to employees in 2011, and 2010 (we did not grant SARs to non-employee directors in 2011 or 2010):
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| Share-Based Compensation Expense, Number of Deferred Stock Units Granted, Weighted Average Grant-date Fair Value, and Aggregate Intrinsic Value of Non-Employee Director Deferred Stock Units | The following table shows the share-based compensation expense, the number of deferred stock units we granted, the weighted average grant-date fair value, and the aggregate intrinsic value for the last three fiscal years for non-employee director Marriott deferred stock units:
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- Definition
Schedule Of Additional Information On Restricted Stock Units [Table Text Block] No definition available.
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- Definition
Schedule of Share-based Payment Award, Stock Options and Stock Appreciation Rights Award, Valuation Assumptions [Table Text Block] No definition available.
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- Definition
Share Based Compensation Arrangement by Share Based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value, Weighted Average Exercise Price Table No definition available.
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| X | ||||||||||
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- Definition
Share Based Compensation Arrangement by Share Based Payment Award, Other Than Options, Stock Appreciation Rights, Grants in Period and Weighted Average Values Table No definition available.
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- Definition
Share Based Compensation Expense Deferred Stock Units Granted Average Grant Date Fair Value And Intrinsic Value Of Non Employee Deferred Stock Units [Table Text Block] No definition available.
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- Definition
Share Based Compensation Stock Options Granted And Exercised Disclosure Text Block No definition available.
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- Definition
Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of option exercise prices, by grouped ranges, including the upper and lower limits of the price range, the number of shares under option, weighted average exercise price and remaining contractual option terms. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)
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Dec. 28, 2012
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| Fair Value Disclosures [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Carrying Values and Fair Values of Non-Current Financial Assets and Liabilities | We show the carrying values and the fair values of noncurrent financial assets and liabilities that qualify as financial instruments, determined under current guidance for disclosures on the fair value of financial instruments, in the following table:
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| X | ||||||||||
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- Definition
Tabular disclosure of the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments, assets, and liabilities. Such certain disclosures about the financial instruments, assets, and liabilities include: (1) the fair value of the required items together with their carrying amounts (as appropriate) and (2) the methodology and assumptions used in developing such estimates of fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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EARNINGS PER SHARE (Tables)
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Dec. 28, 2012
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| Earnings Per Share [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reconciliation of the Earnings (Losses) and Number of Shares Used in Calculations of Basic and Diluted Earnings Per Share | The table below illustrates the reconciliation of the earnings and number of shares used in our calculations of basic and diluted earnings per share:
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- Details
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- Definition
Tabular disclosure of the numerators and the denominators of the basic and diluted per-share (or per-unit) computations for income from continuing operations, including the effect that has been given to preferred dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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PROPERTY AND EQUIPMENT (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 28, 2012
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| Property, Plant and Equipment [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of our Property and Equipment Balances | The following table shows the composition of our property and equipment balances at year-end 2012 and 2011:
The following table shows the composition of these property and equipment balances that we recorded as capital leases:
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- Definition
Tabular disclosure of the useful life and salvage value of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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GOODWILL AND INTANGIBLE ASSETS (Tables)
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Dec. 28, 2012
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| Goodwill and Intangible Assets Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of Other Intangible Assets | The following table details the composition of our other intangible assets at year-end 2012 and 2011:
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| Carrying Amount of Goodwill | The following table details the carrying amount of our goodwill at year-end 2012 and 2011:
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Composition Of Other Intangible Assets [Table Text Block] No definition available.
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- Definition
Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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NOTES RECEIVABLE (Tables)
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Dec. 28, 2012
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| Receivables [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Composition of our Notes Receivable Balances (Net of Reserves and Unamortized Discounts) | The following table shows the composition of our notes receivable balances (net of reserves and unamortized discounts) at year-end 2012 and 2011:
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| Composition of our Long Term Notes Receivable Balances (Net of Reserves and Unamortized Discounts) | The following table shows the composition of our long-term notes receivable balances (net of reserves and unamortized discounts):
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| Notes Receivable Principal Payments (Net of Reserves and Unamortized Discounts) and Interest Rates | The following tables show the expected future principal payments (net of reserves and unamortized discounts) as well as interest rates and unamortized discounts for our notes receivable as of year-end 2012:
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| Notes Receivable Unamortized Discounts |
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| Notes Receivable Reserves | The following table summarizes the activity for our “Senior, mezzanine, and other loans” notes receivable reserve for 2010, 2011, and 2012:
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Long Term Notes Receivable Balances Net Of Reserves And Unamortized Discounts [Table Text Block] No definition available.
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Notes Receivable Balances Net Of Reserves [Table Text Block] No definition available.
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- Definition
Notes Receivable Unamortized Discounts [Table Text Block] No definition available.
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- Definition
Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the annual minimum payments due from financing receivables, such as, but not limited to accounts, notes, loans, and other financing receivables. No definition available.
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LONG-TERM DEBT (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 28, 2012
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| Debt Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Long-Term Debt | We provide detail on our long-term debt balances in the following table:
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| Debt Principal Payments (Net of Unamortized Discounts) | We show future principal payments (net of unamortized discounts) and unamortized discounts for our debt in the following tables:
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| Unamortized Debt Discounts |
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Unamortized Discounts On Debt [Table Text Block] No definition available.
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- Definition
Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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SELF-INSURANCE RESERVE FOR LOSSES AND LOSS ADJUSTMENT EXPENSES (Tables)
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Dec. 28, 2012
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| Self-Insurance Reserve for Losses and Loss Adjustment Expenses Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Self-Insurance Reserve for Losses and Loss Adjustment Expenses | The following table summarizes the activity in our self-insurance reserve for losses and loss adjustment expenses for the last two fiscal years:
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- Definition
Tabular disclosure of an adjustment or group of similar adjustments to the opening balance of the estimated reserve for unpaid claims and claims adjustment expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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SHAREHOLDERS’ (DEFICIT) EQUITY (Tables)
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Dec. 28, 2012
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| Equity [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Schedule of Accumulated Other Comprehensive Income (Loss) Activity | The following table details the accumulated other comprehensive income (loss) activity for 2010, 2011, and 2012:
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- Definition
Tabular disclosure of the components of accumulated other comprehensive income (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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CONTINGENCIES (Tables)
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Dec. 28, 2012
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| Commitments and Contingencies Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Maximum Potential Amount of Future Fundings as the Primary Obligor for Guarantees and the Liability for Expected Future Fundings | We show the maximum potential amount of our future guarantee fundings and the carrying amount of our liability for guarantees which we are the primary obligor at year-end 2012 in the following table:
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- Definition
Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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BUSINESS SEGMENTS (Tables)
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Dec. 28, 2012
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| Segment Reporting [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Revenues | Revenues
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| Net Income | Net Income
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| Equity in Losses of Equity Method Investees | Equity in Losses of Equity Method Investees
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| Depreciation and Amortization | Depreciation and Amortization
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| Assets | Assets
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| Equity Method Investments | Equity Method Investments
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| Goodwill | Goodwill
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| Capital Expenditures | Capital Expenditures
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Reconciliation of Depreciation and Amortization from Segments to Consolidated [Table Text Block] No definition available.
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Reconciliation of Equity in Income Loss from Equity Method Investees from Segments to Consolidated [Table Text Block] No definition available.
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- Definition
Reconciliation of Equity Method Investments from Segments to Consolidated [Table Text Block] No definition available.
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- Definition
Reconciliation of Goodwill from Segments to Consolidated [Table Text Block] No definition available.
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| X | ||||||||||
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- Definition
This element may be used to capture the complete disclosure for the identification, description, and amounts of all significant reconciling items in the reconciliation of total income before income taxes, which includes equity method income or loss and gains and other income, from reportable segments, to the entity's net income attributable to the parent before extraordinary items, discontinued operations, and the cumulative effect of changes in accounting principles. No definition available.
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| X | ||||||||||
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- Definition
Reconciliation of Long Lived Assets from Segment to Consolidated No definition available.
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| X | ||||||||||
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- Definition
Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of all significant reconciling items in the reconciliation of total revenues from reportable segments to the entity's consolidated revenues. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Details
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SPIN-OFF (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 28, 2012
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| Spinoff Disclosure [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity Impact of Spin-off | Our shareholders' equity decreased by $1,162 million as a result of the spin-off of MVW. We show in the following table the components of the decrease, which was primarily noncash and principally consisted of the net book value of the net assets we contributed to MVW in the spin-off:
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| X | ||||||||||
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- Definition
Equity impact of spin-off [Table Text Block] No definition available.
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| X | ||||||||||
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- Details
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VARIABLE INTEREST ENTITIES (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 28, 2012
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| Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash Flows Between us and the Timeshare Notes Securitization Variable Interest Entities | We show our cash flows to and from the timeshare notes securitization variable interest entities in the following table for 2011 before the spin-off and for 2010:
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| X | ||||||||||
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- Definition
Cash Flows Between Timeshare Securitization Special Purpose Entity SPE And Transferor Text Block No definition available.
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| X | ||||||||||
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- Details
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LEASES (Tables)
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12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Dec. 28, 2012
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| Leases [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Future Obligations Under Operating Leases | We have summarized below our future obligations under operating leases at year-end 2012:
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| Composition of Rent Expense Associated with Operating Leases | The following table details the composition of rent expense for operating leases for the last three years:
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| Future Obligations Under Capital Leases | The following table summarizes our future obligations under capital leases at year-end 2012:
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| X | ||||||||||
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- Details
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| X | ||||||||||
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- Definition
Tabular disclosure of future minimum lease payments as of the date of the latest balance sheet presented, in aggregate and for each of the five years succeeding fiscal years, with separate deductions from the total for the amount representing executor costs, including any profit thereon, included in the minimum lease payments and for the amount of the imputed interest necessary to reduce the net minimum lease payments to present value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Tabular disclosure of rental expense from operating leases for each period for which an income statement is presented with separate amounts for minimum rentals, contingent rentals, and sublease rentals. Rental payments under leases with terms of a month or less that were not renewed need not be included. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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RELATED PARTY TRANSACTIONS (Tables)
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Dec. 28, 2012
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| Related Party Transactions [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Data Resulting from Transactions with Related Parties, Income Statement Data | The following tables present financial data resulting from transactions with these related parties: Income Statement Data
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| Financial Data Resulting from Transactions with Related Parties, Balance Sheet Data | Balance Sheet Data
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| Summarized Information for the Entities Equity Method Investments, Income Statement | Summarized information for the entities in which we have equity method investments is as follows: Income Statement Data
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| Summarized Information for the Entities Equity Method Investments, Balance Sheet | Balance Sheet Summary
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| X | ||||||||||
|
- Definition
Balance Sheet Data Resulting from Related Party Transactions No definition available.
|
| X | ||||||||||
|
- Definition
Equity Method Investees, Balance Sheet Data No definition available.
|
| X | ||||||||||
|
- Definition
Equity Method Investees, Income Statement Data No definition available.
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| X | ||||||||||
|
- Definition
Income Statement Data Resulting from Related Party Transactions No definition available.
|
| X | ||||||||||
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- Details
|
|
Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)
|
11 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Nov. 20, 2011
|
Dec. 28, 2012
program_type
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Jan. 01, 2010
|
Jan. 02, 2009
|
Dec. 28, 2007
|
Dec. 29, 2006
|
Dec. 30, 2005
|
Dec. 31, 2004
|
Jan. 02, 2004
|
|
| Significant Accounting Policies [Line Items] | |||||||||||
| Duration of fiscal period | P52W | P52W | P52W | P52W | P53W | P52W | P52W | P52W | P52W | P52W | |
| Licensing fees from MVW after spin-off | $ 61,000,000 | $ 4,000,000 | |||||||||
| Minimum percentage of purchase price required to be received for sales recognition prior to spin-off | 10.00% | ||||||||||
| Timeshare sales and services | 0 | 1,088,000,000 | 1,221,000,000 | ||||||||
| Discount rate | 2.00% | ||||||||||
| Self-insurance reserves | 342,000,000 | 330,000,000 | 313,000,000 | ||||||||
| Liability for guest loyalty program | 2,021,000,000 | 1,948,000,000 | |||||||||
| Reduction in estimate of breakage | 10.00% | ||||||||||
| Increase in liability for guest loyalty program, contingent upon reduction in the estimate of breakage | 120,000,000 | ||||||||||
| Number of types of vendor rebate and allowance programs | 3 | ||||||||||
| Assets held for sale | 0 | 0 | |||||||||
| Liabilities related to assets held for sale | 0 | 0 | |||||||||
| Goodwill impairment charge | 0 | 0 | 0 | ||||||||
| Fair value of goodwill as a percent of carrying value, trigger for impairment loss | 100.00% | ||||||||||
| Available-for-sale securities | 56,000,000 | 50,000,000 | |||||||||
| Reclassification of losses from accumulated other comprehensive income - other-than-temporary impairment of available-for-sale securities | 0 | 10,000,000 | |||||||||
| Reclassification of losses from accumulated other comprehensive income - sale of available-for-sale securities | 0 | 0 | |||||||||
| Gains (losses) from foreign currency transactions | (3,000,000) | (7,000,000) | (7,000,000) | ||||||||
| Gains and other income | 1,000,000 | (2,000,000) | 2,000,000 | ||||||||
|
Self Insurance Program
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Self-insurance reserves | 5,000,000 | 4,000,000 | |||||||||
|
Lower Limit
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Ownership interest in equity method investments | 10.00% | ||||||||||
|
Upper Limit
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Ownership interest in equity method investments | 49.00% | ||||||||||
|
Equity Method Investment | Lower Limit
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Ownership interest in equity method investments | 10.00% | ||||||||||
|
Equity Method Investment | Upper Limit
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Ownership interest in equity method investments | 49.00% | ||||||||||
|
Deferred Profit Sharing
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Compensation costs from profit sharing | 69,000,000 | 91,000,000 | 86,000,000 | ||||||||
|
Interest Income
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Timeshare sales and services | 143,000,000 | 187,000,000 | |||||||||
|
Interest Income | Securitized Notes Receivable
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Timeshare sales and services | 116,000,000 | 147,000,000 | |||||||||
|
Interest Income | Nonsecuritized Notes Receivable
|
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| Significant Accounting Policies [Line Items] | |||||||||||
| Timeshare sales and services | $ 27,000,000 | $ 40,000,000 | |||||||||
| X | ||||||||||
|
- Definition
Duration of Fiscal Period No definition available.
|
| X | ||||||||||
|
- Definition
Fair Value of Goodwill as Percent of Carrying Value, Trigger for Impairment Loss No definition available.
|
| X | ||||||||||
|
- Definition
The company's future redemption obligation for its frequent guest loyalty program. No definition available.
|
| X | ||||||||||
|
- Definition
Liabilities For Guest Loyalty Program, Effect Of Change In Estimate Of Breakage, Amount No definition available.
|
| X | ||||||||||
|
- Definition
Liabilities For Guest Loyalty Program, Reduction In Estimate Of Breakage, Percentage No definition available.
|
| X | ||||||||||
|
- Definition
Number of types of vendor rebate and allowance programs that are common in industry. No definition available.
|
| X | ||||||||||
|
- Definition
Minimum percentage of purchase price required to be received for revenue recognition. No definition available.
|
| X | ||||||||||
|
- Definition
Self Insurance Projected Settlement Discount Rate No definition available.
|
| X | ||||||||||
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- Details
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| X | ||||||||||
|
- Definition
Current assets (normally turning over within one year or one business cycle if longer) that are held for sale apart from normal operations and anticipated to be sold within one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents Available-for-sale Securities which consist of all investments in certain debt and equity securities neither classified as trading or held-to-maturity securities. A debt security represents a creditor relationship with an enterprise. Debt securities include, among other items, US Treasury securities, US government securities, municipal securities, corporate bonds, convertible debt, commercial paper, and all securitized debt instruments. An equity security represents an ownership interest in an enterprise or the right to acquire or dispose of an ownership interest in an enterprise at fixed or determinable prices. Equity securities include, among other things, common stock, certain preferred stock, warrant rights, call options, and put options, but do not include convertible debt. An entity may opt to provide the reader with additional narrative text to better understand the nature of investments in debt and equity securities which are categorized as Available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The compensation expense recognized during the period pertaining to the deferred compensation arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The aggregate foreign currency transaction gain (loss) (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Loss recognized during the period that results from the write-down of goodwill after comparing the implied fair value of reporting unit goodwill with the carrying amount of that goodwill. Goodwill is assessed at least annually for impairment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Liability (such as a mortgage) related to a disposal group that is held for sale and anticipated to be sold in less than one year. The liability is expected to be discharged as part of the plan of sale for the asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The estimated cost of settling claims under the terms of the underlying insurance policies and assumed and ceded insurance contracts as of the balance sheet date, including an estimate for claims which have been incurred but not reported and the actual and estimated costs of settling claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Revenue earned during the period relating to consideration received from another party for the right to use, but not own, certain of the entity's intangible assets. Licensing arrangements include, but are not limited to, rights to use a patent, copyright, technology, manufacturing process, software or trademark. Licensing fees are generally, but not always, fixed as to amount and not dependent upon the revenue generated by the licensing party. An entity may receive licensing fees for licenses that also generate royalty payments to the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
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- Definition
Net of tax amount of the income statement impact of the reclassification adjustment for unrealized gain (loss) realized upon the sale of available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Net of tax amount of the income statement impact of the reclassification adjustment for unrealized (losses) realized upon the write-down of available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Revenue associated with the selling of time shares, a form of property ownership under which a property is held by a number of people, each with a right of possession for a specified time interval. Time sharing is most commonly applied to resort and vacation properties; also known as vacation interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Amounts reclassified from other comprehensive income to earnings during the period related to translation from functional currency to reporting currency, as a result of the sale or complete or substantially complete liquidation of an investment in a foreign entity. Net of tax effect. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
The (Provision for) Benefit from Income Taxes (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Income Tax Disclosure [Abstract] | |||
| Federal, Current | $ 6 | $ 53 | $ 117 |
| State, Current | (8) | 0 | (7) |
| Non-U.S., Current | (34) | (55) | (51) |
| Current Income Tax Expense (Benefit) | (36) | (2) | 59 |
| Federal, Deferred | (211) | (116) | (150) |
| State, Deferred | (30) | (10) | (14) |
| Non-U.S., Deferred | (1) | (30) | 12 |
| Deferred Income Tax Expense (Benefit) | (242) | (156) | (152) |
| (Provision) benefit for income taxes | $ (278) | $ (158) | $ (93) |
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted federal tax law to the domestic taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
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- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of foreign enacted tax law to the foreign taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts of income taxes paid or payable (or refundable) for the period for all income tax obligations as determined by applying the provisions of relevant enacted tax laws to relevant amounts of taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing amounts paid or payable (or refundable) as determined by applying the provisions of enacted state and local tax law to relevant amounts of taxable Income or Loss from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) during the period in the entity's domestic deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of the federally enacted tax law. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) in the entity's net foreign deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of applicable enacted tax laws of countries other than the country of domicile. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of total income tax expense for the period comprised of the increase (decrease) in the entity's state and local deferred tax assets and liabilities attributable to continuing operations as determined by applying the provisions of the applicable enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Income Taxes - Additional Information (Detail) (USD $)
|
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 28, 2012
issue
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Jan. 01, 2010
|
|
| Income Taxes [Line Items] | ||||
| Tax benefits (costs) from share-based compensation | $ 76,000,000 | $ 55,000,000 | $ 51,000,000 | |
| Tax credits included in provision for income taxes | 3,000,000 | 4,000,000 | 2,000,000 | |
| Taxes applicable to other comprehensive income | 5,000,000 | (14,000,000) | ||
| Cumulative unremitted earnings of subsidiaries | 603,000,000 | |||
| Aggregate amount of taxes not incurred due to tax holidays (less than $1 million in 2012) | 1,000,000 | 1,000,000 | 7,000,000 | |
| Amount of taxes not incurred due to tax holidays, per share (less than $0.01 per diluted share in 2012 and 2011) | $ 0.01 | $ 0.01 | $ 0.02 | |
| Write-off of deferred tax assets transferred to MVW | 34,000,000 | |||
| Number of unresolved issues related to IRS income tax examination for 2010 | 1 | |||
| Unrecognized tax benefits | 29,000,000 | 39,000,000 | 39,000,000 | 249,000,000 |
| Change in unrecognized tax benefits | (10,000,000) | 0 | (210,000,000) | |
| Unrecognized tax benefits that, if recognized, would impact the effective tax rate | 13,000,000 | 24,000,000 | 26,000,000 | |
| Interest related to unrecognized tax benefits as a component of tax expense (less than $1 million in 2012) | 1,000,000 | 1,000,000 | 2,000,000 | |
| Accrued interest related to unrecognized tax benefits | 3,000,000 | 3,000,000 | 4,000,000 | |
| Tax credits subject to expiration | 92,000,000 | |||
| Tax credits not subject to expiration | 236,000,000 | |||
| Net operating loss benefits | 50,000,000 | 332,000,000 | ||
| Net operating losses | 1,700,000,000 | |||
| Net operating losses subject to expiration | 1,000,000,000 | |||
| Net cash payments (receipts) for income tax (refunds) | (17,000,000) | 45,000,000 | 68,000,000 | |
|
Lower Limit
|
||||
| Income Taxes [Line Items] | ||||
| Income tax holiday, period | 10 years | |||
|
Upper Limit
|
||||
| Income Taxes [Line Items] | ||||
| Income tax holiday, period | 30 years | |||
|
Settlement with IRS
|
||||
| Income Taxes [Line Items] | ||||
| Tax expense (benefits) | (85,000,000) | |||
|
Revisions to Estimates of Prior Years' Foreign Income Tax Expenses
|
||||
| Income Taxes [Line Items] | ||||
| Tax expense (benefits) | (12,000,000) | |||
|
Tax Years 2000 and 2001 | Settlement with IRS
|
||||
| Income Taxes [Line Items] | ||||
| Tax expense (benefits) | (8,000,000) | |||
|
International Issue Relating to Financing Activity
|
||||
| Income Taxes [Line Items] | ||||
| Unrecognized tax benefits | $ 5,000,000 | |||
| X | ||||||||||
|
- Definition
Deferred Tax Assets, Tax Credit Carryforwards Not Subject To Expiration No definition available.
|
| X | ||||||||||
|
- Definition
Deferred Tax Assets, Tax Credit Carryforwards Subject To Expiration No definition available.
|
| X | ||||||||||
|
- Definition
The total recognized tax benefit related to compensation cost for equity-based payment arrangements or realized from the exercise of stock options and the conversion of similar instruments during the annual period recognized in income during the period. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Income Tax Examination, Number of Unresolved Issues No definition available.
|
| X | ||||||||||
|
- Definition
Income Tax Holiday, Period No definition available.
|
| X | ||||||||||
|
- Definition
The sum of domestic, foreign and state and local operating loss carryforwards used to reduce taxable income under enacted tax laws. No definition available.
|
| X | ||||||||||
|
- Definition
Undistributed Earnings Of Foreign Subsidiaries Reinvested Indefinitely No definition available.
|
| X | ||||||||||
|
- Definition
The change during the period in the entity's deferred tax assets and liabilities attributable to continuing operations as determined by applying enacted tax laws other than federal, domestic, foreign, state or local. Items affecting deferred income taxes and required to be disclosed, but not included elsewhere, would also be designated as "Other"; for example, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity and adjustments to be beginning-of-year balance of a valuation allowance because of a change in circumstance that causes a change in judgment about the realizability of the related deferred tax asset in future periods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards that are subject to expiration dates. No definition available.
|
| X | ||||||||||
|
- Definition
A credit or adjustment for government or taxing authority authorized decrease in taxes owed as a result of meeting certain tax policy conditions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The amount of cash paid during the current period to foreign, federal, state, and local authorities as taxes on income, net of any cash received during the current period as refunds for the overpayment of taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The amount of income taxes from which a reporting entity is exempt or for which it will receive a reduction in income taxes as a result of the income tax holiday granted by the taxing jurisdiction. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Per share amount effect of the income tax benefit resulting from the income tax holidays granted by taxing jurisdictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The sum of domestic, foreign and state and local operating loss carryforwards, before tax effects, available to reduce future taxable income under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tax effect of other comprehensive income (loss) attributable to parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
Reflects the effects of adjustments of previously recorded tax expense, significant settlements of income tax disputes, and unusual tax positions or infrequent actions taken by the entity, including tax assessment reversal, IRS tax settlement and unusual repatriation of foreign earnings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
This element represents the amount of interest expense accrued as of the date of the statement of financial position for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
|
- Definition
This element represents interest expense recognized for an underpayment of income taxes computed by applying the applicable statutory rate of interest to the difference between a tax position recognized for financial reporting purposes and the amount previously taken or expected to be taken in a tax return of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net amount of all increases and decreases in unrecognized tax benefits for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of unrecognized tax benefits that, if recognized, would affect the effective tax rate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Unrecognized Tax Benefit Reconciliation (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward] | |||
| Unrecognized tax benefit at beginning of year | $ 39 | $ 39 | $ 249 |
| Change attributable to tax positions taken during a prior period | (10) | (187) | |
| Change attributable to withdrawal of tax positions previously taken or expected to be taken | (6) | ||
| Change attributable to tax positions taken during the current period | 12 | 19 | 25 |
| Decrease attributable to settlements with taxing authorities | (20) | (47) | |
| Decrease attributable to lapse of statute of limitations | (2) | (3) | (1) |
| Unrecognized tax benefit at end of year | $ 29 | $ 39 | $ 39 |
| X | ||||||||||
|
- Definition
Unrecognized Tax Benefits, Decreases Resulting from the Withdrawal of Tax Positions Previously Taken or Expected to be Taken No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The gross amount of unrecognized tax benefits pertaining to uncertain tax positions taken in tax returns as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of decreases in unrecognized tax benefits resulting from tax positions taken in prior period tax returns, excluding amounts pertaining to examined tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of decreases in unrecognized tax benefits resulting from settlements with taxing authorities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of increases in unrecognized tax benefits resulting from tax positions that have been or will be taken in the tax return for the current period, excluding amounts pertaining to examined tax returns. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross amount of decreases in unrecognized tax benefits resulting from lapses of the applicable statutes of limitations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Total Deferred Tax Assets and Liabilities (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Income Tax Disclosure [Abstract] | ||
| Deferred tax assets | $ 950 | $ 1,145 |
| Deferred tax liabilities | (25) | (18) |
| Net deferred taxes | $ 925 | $ 1,127 |
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences net of deferred tax asset attributable to deductible temporary differences and carryforwards after valuation allowances. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Composition of Net Deferred Tax Balances (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
||||
|---|---|---|---|---|---|---|
| Income Tax Disclosure [Abstract] | ||||||
| Current deferred taxes, net | $ 280 | $ 282 | ||||
| Long-term deferred taxes, net | 676 | [1] | 873 | [1] | ||
| Current liabilities, other | (13) | (13) | ||||
| Long-term liabilities, other | (18) | (15) | ||||
| Net deferred taxes | $ 925 | $ 1,127 | ||||
|
||||||
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of noncurrent deferred tax asset attributable to deductible temporary differences and carryforwards. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed within one year or operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred tax liability attributable to taxable temporary differences, net of deferred tax asset attributable to deductible temporary differences and carryforwards net of valuation allowances expected to be realized or consumed after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Types of Temporary Differences and Carry-Forwards that Significantly Effect Deferred Tax Assets and Liabilities (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Income Tax Disclosure [Abstract] | ||
| Self-insurance | $ 19 | $ 20 |
| Employee benefits | 321 | 295 |
| Deferred income | 4 | 15 |
| Reserves | 63 | 64 |
| Frequent guest program | 43 | 42 |
| Joint venture interests | (11) | (8) |
| ASC 740 deferred taxes | 7 | 5 |
| Tax credits | 328 | 281 |
| Net operating loss carry-forwards | 294 | 467 |
| Property, equipment, and intangible assets | (14) | (10) |
| Other, net | 16 | 28 |
| Deferred taxes | 1,070 | 1,199 |
| Less: valuation allowance | (145) | (72) |
| Net deferred taxes | $ 925 | $ 1,127 |
| X | ||||||||||
|
- Definition
Deferred Tax Assets, ASC 740 Deferred Taxes No definition available.
|
| X | ||||||||||
|
- Definition
Deferred Tax Assets, Frequent Guest Program No definition available.
|
| X | ||||||||||
|
- Definition
Deferred Tax Assets (Liabilities), Gross No definition available.
|
| X | ||||||||||
|
- Definition
Deferred Tax Assets (Liabilities), Other No definition available.
|
| X | ||||||||||
|
- Definition
Deferred Tax Assets (Liabilities), Property, Plant and Equipment and Intangible Assets No definition available.
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from deferred income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from equity method investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards, net of deferred tax liability attributable to taxable temporary differences. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible operating loss carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of future tax deductions arising from all unused tax credit carryforwards which have been reduced by a valuation allowance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The tax effect as of the balance sheet date of the amount of the estimated future tax deductions arising from employee benefit costs not otherwise specified in the taxonomy, which can only be deducted for tax purposes when actual costs are incurred, and which can only be realized if sufficient tax-basis income is generated in future periods to enable the deduction to be taken. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from other reserves not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences from estimated losses under self insurance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of deferred tax assets for which it is more likely than not that a tax benefit will not be realized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Reconciliation of the U.S. Statutory Tax Rate to Our Effective Income Tax Rate for Continuing Operations (Detail)
|
12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||||||
| Income Tax Disclosure [Abstract] | ||||||||||
| U.S. statutory tax rate | 35.00% | 35.00% | 35.00% | |||||||
| U.S. state income taxes, net of U.S. federal tax benefit | 2.60% | 2.30% | 2.40% | |||||||
| Nondeductible expenses | 0.30% | 1.80% | 0.50% | |||||||
| Non-U.S. income | (3.90%) | (0.90%) | (3.70%) | |||||||
| Audit activity (1) | (0.30%) | [1] | 0.00% | [1] | (15.60%) | [1] | ||||
| Company owned life insurance | 0.10% | 0.00% | 0.00% | |||||||
| Change in valuation allowance (2) | (0.20%) | [2] | 8.90% | [2] | 0.90% | [2] | ||||
| Tax credits | (0.40%) | (1.00%) | (0.40%) | |||||||
| Other, net | (0.50%) | (1.70%) | (2.30%) | |||||||
| Effective rate | 32.70% | 44.40% | 16.80% | |||||||
|
||||||||||
| X | ||||||||||
|
- Definition
Effective Income Tax Rate Reconciliation Audit Activity No definition available.
|
| X | ||||||||||
|
- Definition
Effective Income Tax Rate Reconciliation Life Insurance No definition available.
|
| X | ||||||||||
|
- Definition
A ratio calculated by dividing the reported amount of income tax expense attributable to continuing operations for the period by GAAP-basis pretax income from continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to changes in the valuation allowance for deferred tax assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate that can be explained by the difference between statutory income tax rates in foreign jurisdictions and the domestic federal statutory income tax rate recorded during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the differences between the effective income tax rate and domestic federal statutory income tax rate attributable to all nondeductible expenses under enacted tax laws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate attributable to all other items not otherwise listed in the existing taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between the effective income tax rate and domestic federal statutory income tax rate that can be explained by the state and local income tax expense or benefit, net of the federal tax benefit (expense) thereon, recorded during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the differences between the effective income tax rate and domestic federal statutory income tax rate that can be explained by all tax credits generated or utilized under enacted tax laws during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Share-Based Compensation - Additional Information (Detail) (USD $)
|
12 Months Ended | ||||||||
|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Nov. 10, 2011
|
||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Options granted | 255,761 | 19,192 | 53,304 | ||||||
| Share-based compensation expense (for stock options, less than $1 million in 2011 and 2010; for suspended award programs, less than $1 million in 2011) | $ 77,000,000 | $ 86,000,000 | $ 90,000,000 | ||||||
| Deferred compensation costs related to unvested awards | 122,000,000 | 101,000,000 | |||||||
| Deferred compensation costs related to unvested awards, weighted average period | 2 years | ||||||||
| Tax benefit (costs) from share-based compensation in financing activities | 71,000,000 | 0 | 51,000,000 | ||||||
| Proceeds from exercise of stock options granted under share-based payment arrangements | 179,000,000 | 124,000,000 | 147,000,000 | ||||||
| Spin-off distribution ratio, spinnee shares received | 1 | ||||||||
| Spin-off distribution ratio, spinnor shares held | 10 | ||||||||
| Total intrinsic value of stock options exercised | 158,000,000 | 124,000,000 | 149,000,000 | ||||||
| Shares reserved under the Stock Plan | 39,000,000 | ||||||||
|
Restricted Stock Units
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Granted | 3,200,000 | [1] | |||||||
| Share-based compensation expense (for stock options, less than $1 million in 2011 and 2010; for suspended award programs, less than $1 million in 2011) | 66,000,000 | 73,000,000 | 76,000,000 | ||||||
| Deferred compensation costs related to unvested awards | 111,000,000 | 94,000,000 | |||||||
| Vesting period | 4 years | ||||||||
| Weighted average remaining term for grants outstanding | 2 years | ||||||||
| Forfeited | 200,000 | ||||||||
|
Stock Appreciation Rights
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Granted | 1,000,000 | ||||||||
| Share-based compensation expense (for stock options, less than $1 million in 2011 and 2010; for suspended award programs, less than $1 million in 2011) | 9,000,000 | 12,000,000 | 12,000,000 | ||||||
| Deferred compensation costs related to unvested awards | 8,000,000 | 6,000,000 | |||||||
| Forfeited | 0 | 63,000 | |||||||
| Intrinsic value of stock appreciation rights outstanding (less than $1 million at year-end 2011) | 37,000,000 | 1,000,000 | |||||||
| Intrinsic value of stock appreciation rights exercisable | 24,000,000 | 0 | |||||||
| Intrinsic value of stock appreciation rights exercised | 2,000,000 | 280,000 | |||||||
|
Stock Appreciation Rights | Employee
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Granted | 1,000,000 | 700,000 | 1,100,000 | ||||||
| Vesting period | 4 years | ||||||||
| Expiration period | 10 years | ||||||||
|
Stock Appreciation Rights | Director
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Granted | 5,915 | 0 | 0 | ||||||
| Expiration period | 10 years | ||||||||
| Period until exercisable | 1 year | ||||||||
|
Deferred Stock Units
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Granted | 27,000 | ||||||||
|
Deferred Stock Units | Director
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Granted | 27,000 | 29,000 | 34,000 | ||||||
| Share-based compensation expense (for stock options, less than $1 million in 2011 and 2010; for suspended award programs, less than $1 million in 2011) | 1,200,000 | 1,100,000 | 1,100,000 | ||||||
| Deferred compensation costs related to unvested awards | 0 | 279,000 | |||||||
| Vesting period | 1 year | ||||||||
| Outstanding units at year-end | 245,000 | 247,000 | |||||||
| Weighted average grant-date fair value per share of deferred stock units outstanding as of year end | $ 27 | $ 25 | |||||||
|
Stock Option Program and Stock Appreciation Right Program
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Shares reserved under the Stock Plan | 16,000,000 | ||||||||
|
Employee Stock Option
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Options granted | 300,000 | [2] | |||||||
| Share-based compensation expense (for stock options, less than $1 million in 2011 and 2010; for suspended award programs, less than $1 million in 2011) | 1,000,000 | 1,000,000 | 1,000,000 | ||||||
| Deferred compensation costs related to unvested awards | 3,000,000 | 1,000,000 | |||||||
| Vesting period | 4 years | ||||||||
|
Stock Options Issued from 1990 Through 2000
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Expiration period | 15 years | ||||||||
|
Nonqualified Stock Options
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Expiration period | 10 years | ||||||||
|
Suspended Award Programs
|
|||||||||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||||||||
| Share-based compensation expense (for stock options, less than $1 million in 2011 and 2010; for suspended award programs, less than $1 million in 2011) | $ 0 | $ 1,000,000 | $ 1,000,000 | ||||||
|
|||||||||
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement by Share Based Payment Award, Equity Instruments Other Than Options, Exercisable, Intrinsic Value No definition available.
|
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other Than Options, Exercises in Period, Total Intrinsic Value No definition available.
|
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement by Share Based Payment Award, Equity Instruments Other Than Options, Outstanding, Intrinsic Value No definition available.
|
| X | ||||||||||
|
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested and Expected to Vest, Outstanding, Number No definition available.
|
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Weighted Average Grant Date Fair Value No definition available.
|
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement By Share Based Payment, Award Expiration No definition available.
|
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement By Share Based Payment, Period Until Exercisable No definition available.
|
| X | ||||||||||
|
- Definition
Number of spinnee shares received by shareholders of spinnor in spin-off transaction, used to determine how many spinnee shares were distributed. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares held by shareholders of the spinnor, used to determine how many spinnee shares were distributed. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate number of common shares reserved for future issuance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the aggregate unrecognized cost of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of excess tax benefit (tax deficiency) that arises when compensation cost from non-qualified share-based compensation recognized on the entity's tax return exceeds (is less than) compensation cost from equity-based compensation recognized in financial statements. Excess tax benefit (tax deficiency) increases (decreases) net cash provided by financing activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total cash inflow associated with the amount received from holders to acquire the entity's shares under incentive and share awards, including stock option exercises. This item inherently excludes any excess tax benefit, which the entity may have realized and reported separately. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average remaining contractual term for equity-based awards excluding options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The total accumulated difference between fair values of underlying shares on dates of exercise and exercise price on options which were exercised (or share units converted) into shares during the reporting period under the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Additional Information on RSUs (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended | |||||
|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||
| Reconciliation of Restricted Stock Activity [Line Items] | ||||||
| Share-based compensation expense (in millions) | $ 77.0 | $ 86.0 | $ 90.0 | |||
|
Restricted Stock Units
|
||||||
| Reconciliation of Restricted Stock Activity [Line Items] | ||||||
| Share-based compensation expense (in millions) | 66.0 | 73.0 | 76.0 | |||
| Weighted average grant-date fair value (per unit) | $ 35 | [1] | $ 40 | $ 27 | ||
| Aggregate intrinsic value of converted and distributed Marriott RSUs (in millions) | $ 91 | $ 113 | $ 79 | |||
|
||||||
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement by Share Based Payment Award, Equity Instruments Other Than Options, Converted and Distributed, Intrinsic Value No definition available.
|
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Changes in Outstanding Restricted Stock Unit Grants (Detail) (USD $)
|
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||||
|
Restricted Stock Units
|
||||||||
| Number of RSUs | ||||||||
| Outstanding beginning balance | 7,300,000 | |||||||
| Granted | 3,200,000 | [1] | ||||||
| Distributed | (2,900,000) | |||||||
| Forfeited | (200,000) | |||||||
| Outstanding ending balance | 7,400,000 | [2] | 7,300,000 | |||||
| Weighted Average Grant-Date Fair Value | ||||||||
| Outstanding beginning balance (per unit) | $ 33 | |||||||
| Granted (per unit) | $ 35 | [1] | $ 40 | $ 27 | ||||
| Distributed (per unit) | $ 29 | |||||||
| Forfeited (per unit) | $ 31 | |||||||
| Outstanding ending balance (per unit) | $ 31 | [2] | $ 33 | |||||
|
Restricted Stock Units | MVW Employee
|
||||||||
| Number of RSUs | ||||||||
| Outstanding ending balance | 400,000 | |||||||
|
S&P RSUs
|
||||||||
| Number of RSUs | ||||||||
| Outstanding ending balance | 200,000 | |||||||
|
||||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Changes in Outstanding Stock Option Program Awards (Detail) (USD $)
|
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||||
| Number of Marriott Stock Options (in millions) | ||||||||
| Granted | 255,761 | 19,192 | 53,304 | |||||
| Outstanding ending balance | 9,500,000 | |||||||
| Weighted Average Exercise Price (per Option) | ||||||||
| Granted (per unit) | $ 12 | $ 15 | $ 10 | |||||
| Outstanding ending balance (per unit) | $ 19 | |||||||
|
Employee Stock Option
|
||||||||
| Number of Marriott Stock Options (in millions) | ||||||||
| Outstanding beginning balance | 16,400,000 | |||||||
| Granted | 300,000 | [1] | ||||||
| Exercised | (7,200,000) | |||||||
| Forfeited | 0 | |||||||
| Outstanding ending balance | 9,500,000 | [2] | ||||||
| Weighted Average Exercise Price (per Option) | ||||||||
| Outstanding beginning balance (per unit) | $ 17 | |||||||
| Granted (per unit) | $ 35 | [1] | ||||||
| Exercised (per unit) | $ 15 | |||||||
| Forfeited (per unit) | $ 18 | |||||||
| Outstanding ending balance (per unit) | $ 19 | [2] | ||||||
| Vesting period | 4 years | |||||||
|
Employee Stock Option | MVW Employee
|
||||||||
| Number of Marriott Stock Options (in millions) | ||||||||
| Outstanding ending balance | 200,000 | |||||||
|
Employee Stock Option | Key Employee
|
||||||||
| Number of Marriott Stock Options (in millions) | ||||||||
| Granted | 200,000 | |||||||
| Weighted Average Exercise Price (per Option) | ||||||||
| Vesting period | 3 years | |||||||
|
||||||||
| X | ||||||||||
|
- Definition
Period which an employee's right to exercise an award is no longer contingent on satisfaction of either a service condition, market condition or a performance condition, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Weighted average price at which option holders acquired shares when converting their stock options into shares. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated. No definition available.
|
| X | ||||||||||
|
- Definition
Number of share options (or share units) exercised during the current period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Stock Options Issued under Stock Option Program Awards (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended |
|---|---|
|
Dec. 28, 2012
|
|
| Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
| Range of Exercise Prices, Lower Limit | $ 13 |
| Range of Exercise Prices, Upper Limit | $ 46 |
| Outstanding - Number of Stock Options (in millions) | 9.5 |
| Outstanding - Weighted Average Exercise Price (per unit) | $ 19 |
| Outstanding - Weighted Average Remaining Life | 2 years |
| Exercisable - Number of Stock Options (in millions) | 9.2 |
| Exercisable - Weighted Average Exercise Price (per unit) | $ 19 |
| Exercisable - Weighted Average Remaining Life | 2 years |
|
Range 2
|
|
| Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
| Range of Exercise Prices, Lower Limit | $ 13 |
| Range of Exercise Prices, Upper Limit | $ 17 |
| Outstanding - Number of Stock Options (in millions) | 5.7 |
| Outstanding - Weighted Average Exercise Price (per unit) | $ 15 |
| Outstanding - Weighted Average Remaining Life | 2 years |
| Exercisable - Number of Stock Options (in millions) | 5.8 |
| Exercisable - Weighted Average Exercise Price (per unit) | $ 15 |
| Exercisable - Weighted Average Remaining Life | 2 years |
|
Range 3
|
|
| Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
| Range of Exercise Prices, Lower Limit | $ 18 |
| Range of Exercise Prices, Upper Limit | $ 22 |
| Outstanding - Number of Stock Options (in millions) | 2.2 |
| Outstanding - Weighted Average Exercise Price (per unit) | $ 22 |
| Outstanding - Weighted Average Remaining Life | 2 years |
| Exercisable - Number of Stock Options (in millions) | 2.2 |
| Exercisable - Weighted Average Exercise Price (per unit) | $ 22 |
| Exercisable - Weighted Average Remaining Life | 2 years |
|
Range 4
|
|
| Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items] | |
| Range of Exercise Prices, Lower Limit | $ 23 |
| Range of Exercise Prices, Upper Limit | $ 46 |
| Outstanding - Number of Stock Options (in millions) | 1.6 |
| Outstanding - Weighted Average Exercise Price (per unit) | $ 31 |
| Outstanding - Weighted Average Remaining Life | 5 years |
| Exercisable - Number of Stock Options (in millions) | 1.2 |
| Exercisable - Weighted Average Exercise Price (per unit) | $ 31 |
| Exercisable - Weighted Average Remaining Life | 4 years |
| X | ||||||||||
|
- Definition
The number of shares into which fully or partially vested stock options outstanding as of the balance sheet date can be currently converted under the option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted-average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on vested portions of options outstanding and currently exercisable under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average remaining contractual term for vested portions of options outstanding and currently exercisable or convertible, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares reserved for issuance under stock option agreements awarded under the plan that validly exist and are outstanding as of the balance sheet date, including vested options. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average remaining contractual term for option awards outstanding, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The floor of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The ceiling of a customized range of exercise prices for purposes of disclosing shares potentially issuable under outstanding stock option awards on all stock option plans and other required information pertaining to awards in the customized range. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Number of Options Granted and Associated Weighted Average Grant-Date Fair Values and Weighted Average Exercise Prices (Detail) (USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | |||
| Options granted | 255,761 | 19,192 | 53,304 |
| Weighted average grant-date fair value (per unit) | $ 12 | $ 15 | $ 10 |
| Weighted average exercise price (per unit) | $ 35 | $ 38 | $ 25 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance on stock options awarded. No definition available.
|
|
Intrinsic Value of Outstanding Stock Options and Exercisable Stock Options (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Disclosure of Compensation Related Costs, Share-based Payments [Abstract] | ||
| Outstanding stock options | $ 169 | $ 211 |
| Exercisable stock options | $ 168 | $ 211 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of vested portions of options outstanding and currently exercisable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of difference between fair value of the underlying shares reserved for issuance and exercise price of options outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Changes in Outstanding SARs (Detail) (USD $)
|
12 Months Ended | |||||
|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||
| Weighted Average Exercise Price | ||||||
| Granted (per unit) | $ 12 | $ 15 | $ 10 | |||
| Outstanding ending balance (per unit) | $ 19 | |||||
|
Stock Appreciation Rights
|
||||||
| Number of SARs (in millions) | ||||||
| Outstanding beginning balance | 5,400,000 | |||||
| Granted | 1,000,000 | |||||
| Exercised | (200,000) | |||||
| Forfeited | 0 | (63,000) | ||||
| Outstanding ending balance | 6,200,000 | [1] | 5,400,000 | |||
| Weighted Average Exercise Price | ||||||
| Outstanding beginning balance (per unit) | $ 30 | |||||
| Granted (per unit) | $ 35 | |||||
| Exercised (in shares) | $ 28 | |||||
| Forfeited (per unit) | $ 26 | |||||
| Outstanding ending balance (per unit) | $ 31 | [1] | $ 30 | |||
|
MVW Employee | Stock Appreciation Rights
|
||||||
| Number of SARs (in millions) | ||||||
| Outstanding ending balance | 300,000 | |||||
|
||||||
| X | ||||||||||
|
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Exercises in Period No definition available.
|
| X | ||||||||||
|
- Definition
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Exercises in Period, Weighted Average Exercise Price No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees can acquire the shares reserved for issuance under the stock option plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Weighted average price at which grantees could have acquired the underlying shares with respect to stock options that were terminated. No definition available.
|
|
Number of Employee SARs and Director SARs Granted, Associated Weighted Average Base Values, And Weighted Average Grant-Date Fair Values (Detail) (Stock Appreciation Rights, USD $)
|
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Granted | 1,000,000 | ||
|
Employee
|
|||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Granted | 1,000,000 | 700,000 | 1,100,000 |
| Weighted average exercise price (per unit) | $ 35 | $ 38 | $ 27 |
| Weighted average grant-date fair value (per unit) | $ 12 | $ 14 | $ 10 |
|
Director
|
|||
| Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | |||
| Granted | 5,915 | 0 | 0 |
| Weighted average exercise price (per unit) | $ 39 | $ 0 | $ 0 |
| Weighted average grant-date fair value (per unit) | $ 14 | $ 0 | $ 0 |
| X | ||||||||||
|
- Definition
The weighted average exercise price at grant for share-based awards issued during the period on other than stock option plans (for example, phantom stock plan, stock appreciation rights plan, performance target plan). No definition available.
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Assumptions for Stock Options and Employee SARs (Detail) (Stock Option Program and Stock Appreciation Right Program)
|
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Share based Compensation Arrangement by Share based Payment Award, Fair Value Assumptions, Method Used [Line Items] | |||
| Expected volatility | 31.00% | 32.00% | 32.00% |
| Dividend yield | 1.01% | 0.73% | 0.71% |
| Risk-free rate | 3.40% | 3.30% | |
| Expected term (in years) | 8 years | 7 years | |
|
Lower Limit
|
|||
| Share based Compensation Arrangement by Share based Payment Award, Fair Value Assumptions, Method Used [Line Items] | |||
| Risk-free rate | 1.70% | ||
| Expected term (in years) | 8 years | ||
|
Upper Limit
|
|||
| Share based Compensation Arrangement by Share based Payment Award, Fair Value Assumptions, Method Used [Line Items] | |||
| Risk-free rate | 2.00% | ||
| Expected term (in years) | 10 years | ||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Share-Based Compensation Expense, Number of Deferred Stock Units Granted, Weighted Average Grant-Date Fair Value, and Aggregate Intrinsic Value of Non-Employee Director Deferred Stock Units (Detail) (USD $)
In Millions, except Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items] | |||
| Share-based compensation expense (in millions) | $ 77.0 | $ 86.0 | $ 90.0 |
|
Deferred Stock Units
|
|||
| Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items] | |||
| Non-employee director deferred stock units granted | 27,000 | ||
|
Deferred Stock Units | Director
|
|||
| Deferred Compensation Arrangement with Individual, Share-based Payments [Line Items] | |||
| Share-based compensation expense (in millions) | 1.2 | 1.1 | 1.1 |
| Non-employee director deferred stock units granted | 27,000 | 29,000 | 34,000 |
| Weighted average grant-date fair value (per share) | $ 39 | $ 36 | $ 35 |
| Aggregate intrinsic value of shares distributed (in millions) | $ 1.0 | $ 1.4 | $ 1.2 |
| X | ||||||||||
|
- Definition
Share Based Compensation Arrangement by Share Based Payment Award, Equity Instruments Other than Options, Grants in Period, Aggregate Intrinsic Value No definition available.
|
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Fair Value of Financial Instruments - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | 3 Months Ended | |||
|---|---|---|---|---|---|---|
|
Sep. 09, 2011
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Dec. 28, 2012
Fair Value, Inputs, Level 1
|
Sep. 07, 2012
Single Investment Other Than Temporarily Impaired [Member]
Fair Value, Inputs, Level 3
|
|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
| Fair value of one of our cost method investments | $ 12 | |||||
| Other than temporary impairment of one of our cost method investments | 7 | |||||
| Carrying value of our marketable securities | 56 | |||||
| Marketable securities, other than temporary impairment | 18 | |||||
| Reclassification of losses from accumulated other comprehensive income - other-than-temporary impairment of available-for-sale securities | 0 | 10 | ||||
| Timeshare strategy-impairment charges | 324 | 0 | 324 | 0 | ||
| Timeshare strategy-impairment charges, after-tax | $ 234 | |||||
| X | ||||||||||
|
- Definition
Amount recognized as an operating expense during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
|
| X | ||||||||||
|
- Definition
Amount recognized as an operating expense, net of tax, during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents investments accounted for under the cost method of accounting as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents an other than temporary decline in value that has been recognized against an investment accounted for under the cost method of accounting. The excess of the carrying amount over the fair value of the investment represents the amount of the write down which is or was reflected in earnings. The written down value is a new cost basis with the adjusted value of the investment becoming its new carrying value. Evidence of a loss in value might include, but would not necessarily be limited to, absence of an ability to recover the carrying amount of the investment or inability of the investee to sustain an earnings capacity which would justify the carrying amount of the investment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total debt and equity financial instruments including: (1) securities held-to-maturity, (2) trading securities, and (3) securities available-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the amount of loss recognized for other than temporary impairments (OTTI) of investments in debt and equity securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax amount of the income statement impact of the reclassification adjustment for unrealized (losses) realized upon the write-down of available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Carrying Values and Fair Values of Non-Current Financial Assets and Liabilities (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
||||
|---|---|---|---|---|---|---|
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
| Senior, mezzanine, and other loans | $ 180 | [1] | $ 298 | [1] | ||
| Other long-term liabilities | (898) | [1] | (883) | [1] | ||
|
Carrying Amount
|
||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
| Cost method investments | 21 | 31 | ||||
| Senior, mezzanine, and other loans | 180 | 298 | ||||
| Marketable securities | 56 | 50 | ||||
| Total long-term financial assets | 257 | 379 | ||||
| Senior Notes | (1,833) | (1,286) | ||||
| Commercial paper | (501) | (331) | ||||
| Other long-term debt | (130) | (137) | ||||
| Other long-term liabilities | (69) | (77) | ||||
| Total long-term financial liabilities | (2,533) | (1,831) | ||||
|
Fair Value
|
||||||
| Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ||||||
| Cost method investments | 23 | 25 | ||||
| Senior, mezzanine, and other loans | 172 | 252 | ||||
| Marketable securities | 56 | 50 | ||||
| Total long-term financial assets | 251 | 327 | ||||
| Senior Notes | (2,008) | (1,412) | ||||
| Commercial paper | (501) | (331) | ||||
| Other long-term debt | (139) | (137) | ||||
| Other long-term liabilities | (69) | (77) | ||||
| Total long-term financial liabilities | $ (2,717) | $ (1,957) | ||||
|
||||||
| X | ||||||||||
|
- Definition
Total of all noncurrent financial instruments that are assets. No definition available.
|
| X | ||||||||||
|
- Definition
Total of all noncurrent financial instruments that are liabilities. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of long-term unsecured obligations issued by corporations and other borrowers to investors (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the aggregate carrying amount of all cost-method investments as reported on or included in the balance sheet. The original cost of the investments may differ from the aggregate carrying amount disclosed due to various adjustments such as: (i) dividends received in excess of earnings after the date of investment that are considered a return of investment and therefore recorded as reductions to cost of the investment, or (ii) a series of operating losses of an investee or other factors which may indicate that a decrease in value of the investment has occurred which is other than temporary and accordingly such decrease in value has been recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total debt and equity financial instruments including: (1) securities held-to-maturity and (2) securities available-for-sale that will be held for the long-term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
An amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date more than one year from the balance sheet date, net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of debt not otherwise defined (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Senior note holders are paid off in full before any payments are made to junior note holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Reconciliation of the Earnings (Losses) and Number of Shares Used in Calculations of Basic and Diluted Earnings Per Share (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Computation of Basic Earnings Per Share | |||
| Net income (in USD) | $ 571 | $ 198 | $ 458 |
| Weighted average shares outstanding | 322.6 | 350.1 | 362.8 |
| Basic earnings per share (in USD per share) | $ 1.77 | $ 0.56 | $ 1.26 |
| Computation of Diluted Earnings Per Share | |||
| Net income (in USD) | $ 571 | $ 198 | $ 458 |
| Weighted average shares outstanding | 322.6 | 350.1 | 362.8 |
| Effect of dilutive securities | |||
| Shares for diluted earnings per share | 332.9 | 362.3 | 378.3 |
| Diluted earnings per share (in USD per share) | $ 1.72 | $ 0.55 | $ 1.21 |
|
Employee Stock Option and SARs Plans
|
|||
| Effect of dilutive securities | |||
| Effect of dilutive securities | 6.1 | 8.0 | 11.0 |
|
Deferred Stock Incentive
|
|||
| Effect of dilutive securities | |||
| Effect of dilutive securities | 0.9 | 0.9 | 1.1 |
|
Restricted Stock Units
|
|||
| Effect of dilutive securities | |||
| Effect of dilutive securities | 3.3 | 3.3 | 3.4 |
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Earnings Per Share - Additional Information (Detail) (AntiDilutive Due to Exercise Price Greater Than Market Price, Employee Stock Option and SARs Plans)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
|
AntiDilutive Due to Exercise Price Greater Than Market Price | Employee Stock Option and SARs Plans
|
|||
| Earnings Per Share Disclosure [Line Items] | |||
| Securities not included in the calculation of diluted earnings per share (in shares) | 1.0 | 4.1 | 2.4 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Composition of our Property and Equipment Balances (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | $ 2,530 | $ 2,095 |
| Accumulated depreciation | (991) | (927) |
| Property and equipment, net | 1,539 | 1,168 |
|
Land
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 590 | 454 |
|
Buildings and leasehold improvements
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 703 | 667 |
|
Furniture and equipment
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 854 | 810 |
|
Construction in progress
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 383 | 164 |
|
Capital Lease Obligations [Member]
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 215 | 195 |
| Accumulated depreciation | (82) | (76) |
| Property and equipment, net | 133 | 119 |
|
Capital Lease Obligations [Member] | Land
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 30 | 30 |
|
Capital Lease Obligations [Member] | Buildings and leasehold improvements
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 143 | 128 |
|
Capital Lease Obligations [Member] | Furniture and equipment
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | 38 | 34 |
|
Capital Lease Obligations [Member] | Construction in progress
|
||
| Property, Plant and Equipment [Line Items] | ||
| Property and equipment, gross | $ 4 | $ 3 |
| X | ||||||||||
|
- Definition
The cumulative amount of depreciation, depletion and amortization (related to property, plant and equipment, but not including land) that has been recognized in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Property and Equipment - Additional Information (Details) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
|
Sep. 09, 2011
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Property, Plant and Equipment [Line Items] | ||||
| Depreciation expense | $ 93 | $ 127 | $ 138 | |
| Timeshare strategy-impairment charges | 324 | 0 | 324 | 0 |
|
Property and Equipment
|
||||
| Property, Plant and Equipment [Line Items] | ||||
| Interest capitalized | 27 | 12 | 10 | |
|
Lower Limit
|
||||
| Property, Plant and Equipment [Line Items] | ||||
| Estimated useful lives | 3 years | |||
|
Upper Limit
|
||||
| Property, Plant and Equipment [Line Items] | ||||
| Estimated useful lives | 40 years | |||
|
Other Unallocated Corporate
|
||||
| Property, Plant and Equipment [Line Items] | ||||
| Impairment of finite-lived intangible assets | 84 | |||
|
Former Timeshare Segment
|
||||
| Property, Plant and Equipment [Line Items] | ||||
| Impairment of long-lived assets to be disposed of | 13 | |||
|
North American Limited-Service Segment
|
||||
| Property, Plant and Equipment [Line Items] | ||||
| Impairment of long-lived assets to be disposed of | 14 | |||
|
Property and Equipment
|
||||
| Property, Plant and Equipment [Line Items] | ||||
| Timeshare strategy-impairment charges | $ 68 | |||
| X | ||||||||||
|
- Definition
Amount recognized as an operating expense during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of impairment loss recognized in the period resulting from the write-down of the carrying amount of a finite-lived intangible asset to fair value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate amount of write-downs for impairments recognized during the period for long-lived assets held for abandonment, exchange or sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of interest capitalized during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Useful life of long lived, physical assets used in the normal conduct of business and not intended for resale, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Examples include, but not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. No definition available.
|
|
Additional Information - Acquisitions (Detail)
In Millions, unless otherwise specified |
12 Months Ended | 4 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
USD ($)
|
Dec. 30, 2011
USD ($)
|
Dec. 31, 2010
USD ($)
|
Dec. 28, 2012
Land For Hotel
USD ($)
|
Dec. 30, 2011
Leasehold Purchase
USD ($)
|
Dec. 30, 2011
Leasehold Purchase
EUR (€)
|
Dec. 28, 2012
Group 13
USD ($)
|
Dec. 30, 2011
Group 13
USD ($)
|
Dec. 31, 2010
Group 8
USD ($)
location
|
Dec. 31, 2010
Group 9
USD ($)
|
Jan. 01, 2010
Group 9
USD ($)
|
Dec. 30, 2011
Commitments
Group 4
USD ($)
Entity
|
Dec. 30, 2011
Commitments
Group 4
EUR (€)
|
Dec. 28, 2012
Commitments
Group 4
|
Dec. 28, 2012
Real Estate Investment
USD ($)
|
Dec. 28, 2012
Real Estate Investment
EUR (€)
|
Nov. 30, 2012
Gaylord Entertainment Corporation
room
|
Oct. 01, 2012
Gaylord Entertainment Corporation
USD ($)
location
room
|
|
| Significant Acquisitions and Disposals [Line Items] | ||||||||||||||||||
| Cash consideration paid | $ 175 | $ 112 | $ 210 | |||||||||||||||
| Acquired intangible assets recognized | 210 | |||||||||||||||||
| Number of hotels acquired | 1 | 4 | ||||||||||||||||
| Number of hotel rooms acquired | 300 | 7,800 | ||||||||||||||||
| Capital expenditures | 437 | 183 | 307 | 32 | 160 | |||||||||||||
| Deposits in conjunction with commitments to purchase | 6 | 11 | ||||||||||||||||
| Cash contributed for interest in operation, management and development of AC Hotels by Marriott | 51 | 37 | ||||||||||||||||
| Acquisition interests in joint ventures | 50.00% | 50.00% | ||||||||||||||||
| Number of new joint ventures | 2 | 2 | ||||||||||||||||
| Contingent acquisition period | 8 years | |||||||||||||||||
| Initial payment to acquire certain assets and a leasehold on a hotel | 34 | 25 | ||||||||||||||||
| Unfunded purchase commitments expiring in two years | $ 44 | € 33 | ||||||||||||||||
| Number of years to acquire remaining interest | 2 years | 2 years | ||||||||||||||||
| Number of land parcels acquired for hotel development | 1 | |||||||||||||||||
| X | ||||||||||
|
- Definition
Joint Venture Ownership Interest No definition available.
|
| X | ||||||||||
|
- Definition
Number of Hotel Rooms Added No definition available.
|
| X | ||||||||||
|
- Definition
Number of Hotels Added No definition available.
|
| X | ||||||||||
|
- Definition
Number of land parcels acquired for hotel development No definition available.
|
| X | ||||||||||
|
- Definition
Number Of New Joint Ventures No definition available.
|
| X | ||||||||||
|
- Definition
The number of years within which we are obligated to acquire the remaining interest. No definition available.
|
| X | ||||||||||
|
- Definition
Ownership Interest Purchase Contingency Term No definition available.
|
| X | ||||||||||
|
- Definition
Purchase Commitments, Unfunded, Commitment Expires in Two Years No definition available.
|
| X | ||||||||||
|
- Definition
Amount of cash paid to acquire the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the investment in or advances to an entity in which the reporting entity shares control of the entity with another party or group. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for purchases of and capital improvements on property, plant and equipment (capital expenditures), software, and other intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of an asset, typically cash, provided to a counterparty to provide certain assurance of performance by the entity pursuant to the terms of a written or oral agreement, such as a lease. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Additional Information - Dispositions (Details) (USD $)
|
1 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Nov. 21, 2011
|
Dec. 28, 2012
Entity
|
Nov. 10, 2011
|
Dec. 31, 1999
|
Dec. 28, 2012
North American Limited Service Joint Venture
|
Dec. 28, 2012
Performance Arrangement
North American Limited Service Joint Venture
|
Dec. 31, 2010
Group 10
location
|
Nov. 21, 2011
Group 11
|
Dec. 28, 2012
Sale of Land to Joint Venture in 2005
North American Limited Service Joint Venture
|
Dec. 30, 2011
Group 12
location
|
Dec. 31, 2010
Limited Service
Group 10
location
|
Dec. 31, 2010
Full Service
Group 10
location
|
Dec. 31, 2010
Variable Interest Entity, Not Primary Beneficiary
Limited Service
Group 10
location
|
|
| Significant Acquisitions and Disposals [Line Items] | |||||||||||||
| Number of joint ventures merged before sale | 2 | ||||||||||||
| Proceeds from sale of interest in joint venture | $ 96,000,000 | $ 30,000,000 | |||||||||||
| Total gain recognized on disposal | 41,000,000 | ||||||||||||
| Deferred gain on sale, amount recognized in current period | 20,000,000 | ||||||||||||
| Gain on sale of interest in joint venture | 21,000,000 | ||||||||||||
| Deferred revenue recognized | 7,000,000 | ||||||||||||
| Spin-off distribution ratio, spinnee shares received | 1 | ||||||||||||
| Spin-off distribution ratio, spinnor shares held | 10 | ||||||||||||
| Gain (loss) recognized as a result of spin-off | 0 | ||||||||||||
| Cash proceeds received | 114,000,000 | 17,000,000 | 1,000,000 | ||||||||||
| Net gain (loss) from disposition | 27,000,000 | 2,000,000 | (2,000,000) | ||||||||||
| Hotel or property, ownership interest sold | 89.00% | 11.00% | |||||||||||
| Number of properties sold | 1 | 2 | 1 | ||||||||||
| Increase (decrease) in assets due to sale of interest | (19,000,000) | ||||||||||||
| Increase (decrease) in liabilities due to sale of interest | $ (17,000,000) | ||||||||||||
| Number of land parcels sold | 1 | ||||||||||||
| Properties continued to operate under management agreement | 1 | 1 | |||||||||||
| Properties that left system | 1 | ||||||||||||
| X | ||||||||||
|
- Definition
Equity Method Investment, Deferred Gain on Sale, Amount Recognized in Current Period No definition available.
|
| X | ||||||||||
|
- Definition
Equity Method Investment, Total Gain (Loss) Recognized on Disposal No definition available.
|
| X | ||||||||||
|
- Definition
Hotel or Property, Ownership Interest Sold No definition available.
|
| X | ||||||||||
|
- Definition
Number of Joint Ventures Merged Before Sale No definition available.
|
| X | ||||||||||
|
- Definition
Number of Land Parcels Sold No definition available.
|
| X | ||||||||||
|
- Definition
Number of properties continued to operate under management agreements No definition available.
|
| X | ||||||||||
|
- Definition
Number of Properties Sold No definition available.
|
| X | ||||||||||
|
- Definition
Number of properties that left system No definition available.
|
| X | ||||||||||
|
- Definition
Significant Acquisitions and Dispositions, Assets Sold, Carrying Value No definition available.
|
| X | ||||||||||
|
- Definition
Significant Acquisitions and Dispositions, Change in Liabilities, Carrying Value No definition available.
|
| X | ||||||||||
|
- Definition
Number of spinnee shares received by shareholders of spinnor in spin-off transaction, used to determine how many spinnee shares were distributed. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares held by shareholders of the spinnor, used to determine how many spinnee shares were distributed. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of gain (loss) from the disposal of an asset through means other than sale, for example, but not limited to, abandonment, spin-off, and expropriation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of previously reported deferred or unearned revenue that was recognized as revenue during the period. Deferred revenue is a liability related to a revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the amount of gain (loss) arising from the disposal of an equity method investment. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The value of all consideration given or received by the Entity in the significant acquisition or disposal. No definition available.
|
| X | ||||||||||
|
- Definition
The difference between the value of the consideration received by the Entity on the sale or disposal and the consideration received by the Entity, including any tax related impact. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Composition of Other Intangible Assets (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
||||
|---|---|---|---|---|---|---|
| Goodwill and Intangible Assets Disclosure [Abstract] | ||||||
| Contract acquisition costs and other | $ 1,512 | $ 1,239 | ||||
| Accumulated amortization | (397) | (393) | ||||
| Contract acquisition costs and other, net | $ 1,115 | [1] | $ 846 | [1] | ||
|
||||||
| X | ||||||||||
|
- Definition
Accumulated amount of amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Carrying Amount of Goodwill (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
Jan. 01, 2010
|
|---|---|---|---|
| Goodwill and Intangible Assets Disclosure [Abstract] | |||
| Goodwill | $ 928 | $ 929 | $ 929 |
| Accumulated impairment losses | (54) | (54) | (54) |
| Goodwill, net | $ 874 | $ 875 | $ 875 |
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Gross amount, as of the balance sheet date, of the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable), in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The accumulated impairment losses related to goodwill as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Goodwill and Intangible Assets - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 4 Months Ended | 4 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Dec. 28, 2012
Lower Limit
|
Dec. 28, 2012
Upper Limit
|
Dec. 28, 2012
Gaylord Entertainment Corporation
|
Oct. 01, 2012
Gaylord Entertainment Corporation
|
Dec. 28, 2012
Contract Acquisition Costs
Gaylord Entertainment Corporation
|
Dec. 28, 2012
Brand Intangible
Gaylord Entertainment Corporation
|
|
| Finite-Lived Intangible Assets [Line Items] | |||||||||
| Range of amortization life of intangible assets | 15 years | 30 years | |||||||
| Aggregate amortization expense of intangible assets | $ 51 | $ 41 | $ 40 | ||||||
| Estimated aggregate future amortization expense of intangible assets for 2013 | 46 | ||||||||
| Estimated aggregate future amortization expense of intangible assets for 2014 | 46 | ||||||||
| Estimated aggregate future amortization expense of intangible assets for 2015 | 46 | ||||||||
| Estimated aggregate future amortization expense of intangible assets for 2016 | 46 | ||||||||
| Estimated aggregate future amortization expense of intangible assets for 2017 | 46 | ||||||||
| Acquired intangible assets recognized | $ 210 | $ 192 | $ 18 | ||||||
| Acquired intangible assets recognized, weighted average useful life | 38 years | 35 years | 65 years | ||||||
| X | ||||||||||
|
- Definition
Weighted average amortization period of finite-lived intangible assets acquired either individually or as part of a group of assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of identifiable intangible assets recognized as of the acquisition date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of amortization expense expected to be recognized during the next fiscal year following the latest fiscal year for assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of amortization expense expected to be recognized during the fifth fiscal year following the latest fiscal year for assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of amortization expense expected to be recognized during the fourth fiscal year following the latest fiscal year for assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of amortization expense expected to be recognized during the third fiscal year following the latest fiscal year for assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of amortization expense expected to be recognized during the second fiscal year following the latest fiscal year for assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Useful life of finite-lived intangible assets, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. No definition available.
|
|
Composition of our Notes Receivable Balances (Net of Reserves) (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
||||
|---|---|---|---|---|---|---|
| Receivables [Abstract] | ||||||
| Senior, mezzanine, and other loans | $ 242 | $ 382 | ||||
| Current notes receivable | (62) | (84) | ||||
| Notes receivable, noncurrent | $ 180 | [1] | $ 298 | [1] | ||
|
||||||
| X | ||||||||||
|
- Definition
An amount representing an agreement for an unconditional promise by the maker to pay the Company (holder) a definite sum of money within one year from the balance sheet date (or the normal operating cycle, whichever is longer), net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
An amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date more than one year from the balance sheet date, net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net amount of the investment in a contractual right to receive money on demand or on fixed or determinable dates that is recognized as an asset in the creditor's statement of financial position. Examples include, but are not limited to, credit card receivables, notes receivable and receivables relating to lessor's rights to payments from leases other than operating leases that have been recorded as assets. Excludes trade accounts receivable with contractual maturity of one year or less and arose from the sale of goods or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Composition of Long Term Notes Receivable Balances (Net of Reserves and Unamortized Discounts) (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
||||
|---|---|---|---|---|---|---|
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
| Notes receivable, noncurrent | $ 180 | [1] | $ 298 | [1] | ||
|
Loans to equity method investees
|
||||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
| Notes receivable, noncurrent | 0 | 2 | ||||
|
Other notes receivable
|
||||||
| Accounts, Notes, Loans and Financing Receivable [Line Items] | ||||||
| Notes receivable, noncurrent | $ 180 | $ 296 | ||||
|
||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
An amount representing an agreement for an unconditional promise by the maker to pay the Entity (holder) a definite sum of money at a future date more than one year from the balance sheet date, net of any write-downs taken for collection uncertainty on the part of the holder. Such amount may include accrued interest receivable in accordance with the terms of the debt. The debt also may contain provisions and related items including a discount or premium, payable on demand, secured, or unsecured, interest bearing or noninterest bearing, among a myriad of other features and characteristics. This amount does not include amounts related to receivables held-for-sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Notes Receivable Principal Payments (Net of Reserves and Unamortized Discounts) and Interest Rates (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Receivables [Abstract] | ||
| 2013 | $ 62 | |
| 2014 | 55 | |
| 2015 | 64 | |
| 2016 | 1 | |
| 2017 | 0 | |
| Thereafter | 60 | |
| Senior, mezzanine, and other loans | $ 242 | $ 382 |
| Weighted average interest rate at year-end 2012 | 5.00% | |
| Range of stated interest rates at year-end 2012, minimum | 0.00% | |
| Range of stated interest rates at year-end 2012, maximum | 12.70% |
| X | ||||||||||
|
- Definition
Future Principal Payments On Notes Receivable After Year Five No definition available.
|
| X | ||||||||||
|
- Definition
Future Principal Payments On Notes Receivable In Year Five No definition available.
|
| X | ||||||||||
|
- Definition
Future Principal Payments On Notes Receivable In Year Four No definition available.
|
| X | ||||||||||
|
- Definition
Future Principal Payments On Notes Receivable In Year Three No definition available.
|
| X | ||||||||||
|
- Definition
Future Principal Payments On Notes Receivable In Year Two No definition available.
|
| X | ||||||||||
|
- Definition
Future Principal Payments On Notes Receivable Within Year One No definition available.
|
| X | ||||||||||
|
- Definition
Upper limit of range of stated interest rates for total notes receivable as of the balance sheet date indicated. No definition available.
|
| X | ||||||||||
|
- Definition
Lower limit of range of stated interest rates for total notes receivable as of the balance sheet date indicated. No definition available.
|
| X | ||||||||||
|
- Definition
Weighted average interest rate for total notes receivable as of the balance sheet date indicated. No definition available.
|
| X | ||||||||||
|
- Definition
Net amount of the investment in a contractual right to receive money on demand or on fixed or determinable dates that is recognized as an asset in the creditor's statement of financial position. Examples include, but are not limited to, credit card receivables, notes receivable and receivables relating to lessor's rights to payments from leases other than operating leases that have been recorded as assets. Excludes trade accounts receivable with contractual maturity of one year or less and arose from the sale of goods or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Notes Receivable Unamortized Discounts (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
||||
|---|---|---|---|---|---|---|
| Receivables [Abstract] | ||||||
| Notes receivable, unamortized discounts, balance | $ 11 | [1] | $ 12 | [1] | ||
|
||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Disclosure of the unamortized amount of the discount on the note or receivable which is deducted from the face amount of the receivable or loan. The discount or premium is the difference between the present value and the face amount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Activity Related to "Senior, mezzanine, and other loans" Notes Receivable Reserve (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Financing Receivable, Allowance for Credit Losses [Roll Forward] | |||
| Beginning balance | $ 78 | $ 74 | $ 183 |
| Additions | 2 | 2 | 4 |
| Reversals | (1) | ||
| Write-offs | (1) | (7) | (120) |
| Transfers and other | 1 | 9 | 7 |
| Ending balance | $ 79 | $ 78 | $ 74 |
| X | ||||||||||
|
- Definition
Financing receivable allowance for credit losses, other adjustments No definition available.
|
| X | ||||||||||
|
- Definition
Reduction to the allowance for credit losses related to improved cash flows of underlying property. No definition available.
|
| X | ||||||||||
|
- Definition
A valuation allowance for financing receivables that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of direct write-downs of financing receivables charged against the allowance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the periodic provision charged to earnings, based on an assessment of uncollectibility from the counterparty on account of loan, lease or other credit losses, to reduce these accounts to the amount that approximates their net realizable value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Notes Receivable - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||
|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Jan. 01, 2010
|
|
| Receivables [Abstract] | ||||
| Investment in impaired loans | $ 93 | $ 96 | ||
| Notes receivable reserve representing an allowance for credit losses | 79 | 78 | 74 | 183 |
| Investment in impaired loans with no related allowance for credit losses | 14 | 18 | ||
| Average investment in impaired loans | 94 | 89 | 137 | |
| Notes receivable, past due | $ 7 | $ 8 | ||
| X | ||||||||||
|
- Definition
A valuation allowance for financing receivables that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Recorded Investment in financing receivables that are past due at the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Average amount of investment of impaired financing receivables with related allowance for credit losses and without a related allowance for credit losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of investment of impaired financing receivables with related allowance for credit losses and without a related allowance for credit losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of investment in impaired financing receivables for which there is no related allowance for credit losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Asset Securitizations - Additional Information (Details) (Former Timeshare Segment, USD $)
In Millions, unless otherwise specified |
11 Months Ended | 12 Months Ended |
|---|---|---|
|
Nov. 20, 2011
|
Dec. 31, 2010
|
|
|
Former Timeshare Segment
|
||
| Assets and Associated Liabilities of Transfers Accounted for as Secured Borrowings [Line Items] | ||
| Securitized notes receivable | $ 229 | |
| Trust notes issued by transaction-specific trust simultaneous with purchase of notes receivable | 218 | |
| Net proceeds from new timeshare note securitizations | $ 122 | $ 215 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Cash Flows between a transferor and a transferee attributable to newly transferred assets related to either a securitization, asset-backed financing arrangement, or similar transfer in which the transferor has continuing involvement with the transferred financial assets underlying the transaction (including, but not limited to, servicing, recourse, and restrictions on transferor's interests in the transferred financial assets). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount of financial assets accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount of liabilities associated with financial assets accounted for as secured borrowings recognized in the transferor's statement of financial position at the end of each period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Long-Term Debt (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 28, 2012
Commercial Paper
|
Dec. 30, 2011
Commercial Paper
|
Dec. 28, 2012
Series F, Senior Notes matured June 15, 2012
|
Dec. 30, 2011
Series F, Senior Notes matured June 15, 2012
|
Dec. 28, 2012
Series G, Senior Notes 5.810% Due November 10, 2015
|
Dec. 30, 2011
Series G, Senior Notes 5.810% Due November 10, 2015
|
Dec. 28, 2012
Series H, Senior Notes 6.200% Due June 15, 2016
|
Dec. 30, 2011
Series H, Senior Notes 6.200% Due June 15, 2016
|
Dec. 28, 2012
Series I, Senior Notes 6.375% Due June 15, 2017
|
Dec. 30, 2011
Series I, Senior Notes 6.375% Due June 15, 2017
|
Dec. 28, 2012
Series J, Senior Notes 5.625% Due February 15, 2013
|
Dec. 30, 2011
Series J, Senior Notes 5.625% Due February 15, 2013
|
Dec. 28, 2012
Series K, Senior Notes 3.000% Due March 1, 2019
|
Mar. 23, 2012
Series K, Senior Notes 3.000% Due March 1, 2019
|
Dec. 30, 2011
Series K, Senior Notes 3.000% Due March 1, 2019
|
Dec. 28, 2012
Series L, Senior Notes 3.250% Due September 15, 2022
|
Sep. 10, 2012
Series L, Senior Notes 3.250% Due September 15, 2022
|
Dec. 30, 2011
Series L, Senior Notes 3.250% Due September 15, 2022
|
|||||||||||||||
| Debt Instrument [Line Items] | ||||||||||||||||||||||||||||||||||
| Senior Notes | $ 0 | $ 348 | $ 309 | [1] | $ 307 | [1] | $ 289 | [1] | $ 289 | [1] | $ 292 | [1] | $ 291 | [1] | $ 400 | [1] | $ 399 | [1] | $ 594 | [1] | $ 0 | [1] | $ 349 | [1] | $ 0 | [1] | ||||||||
| Commercial paper, average interest rate of 0.3679% at December 28, 2012 | 501 | 331 | ||||||||||||||||||||||||||||||||
| $1,750 Credit Facility, average interest rate of 1.385% at December 28, 2012 | 15 | 0 | ||||||||||||||||||||||||||||||||
| Other | 186 | 206 | ||||||||||||||||||||||||||||||||
| Long-term debt | 2,935 | 2,171 | ||||||||||||||||||||||||||||||||
| Less current portion | (407) | (355) | ||||||||||||||||||||||||||||||||
| Long-term debt, noncurrent | 2,528 | 1,816 | ||||||||||||||||||||||||||||||||
| Debt instrument, stated interest rate | 5.81% | 6.20% | 6.375% | 5.625% | 3.00% | 3.00% | 3.25% | 3.25% | ||||||||||||||||||||||||||
| Senior Notes, face amount | $ 316 | $ 289 | $ 293 | $ 400 | $ 600 | $ 600 | $ 350 | $ 350 | ||||||||||||||||||||||||||
| Senior Notes, effective interest rate | 6.51% | 6.27% | 6.42% | 5.68% | 4.08% | 3.38% | ||||||||||||||||||||||||||||
| Long-term debt, average interest rate | 0.3679% | |||||||||||||||||||||||||||||||||
| Credit facility, average interest rate | 1.385% | |||||||||||||||||||||||||||||||||
|
||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Other Long-term Debt and Capital Lease Obligations No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of long-term unsecured obligations issued by corporations and other borrowers to investors (with maturities initially due after one year or beyond the operating cycle if longer), excluding current portion. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of all debt, including all short-term borrowings, long-term debt, and capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Effective interest rate for the funds borrowed under the debt agreement considering interest compounding and original issue discount or premium. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The effective interest rate during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer plus capital lease obligations due to be paid more than one year after the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Obligation related to long-term debt (excluding convertible debt) and capital leases, the portion which is due in one year or less in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of long-term debt outstanding by type or by instrument at that time. No definition available.
|
| X | ||||||||||
|
- Definition
Including the current and noncurrent portions, carrying value as of the balance sheet date of Notes with the highest claim on the assets of the issuer in case of bankruptcy or liquidation (with maturities initially due after one year or beyond the operating cycle if longer). Senior note holders are paid off in full before any payments are made to junior note holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Long-Term Debt - Additional Information (Detail) (USD $)
|
12 Months Ended | 0 Months Ended | 3 Months Ended | 12 Months Ended | 0 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Sep. 10, 2012
Series L, Senior Notes 3.250% Due September 15, 2022
|
Dec. 28, 2012
Series L, Senior Notes 3.250% Due September 15, 2022
|
Mar. 23, 2012
Series K, Senior Notes 3.000% Due March 1, 2019
offering
|
Dec. 28, 2012
Series K, Senior Notes 3.000% Due March 1, 2019
|
Dec. 28, 2012
Series J, Senior Notes 5.625% Due February 15, 2013
|
Dec. 28, 2012
Series F, Senior Notes matured June 15, 2012
|
Mar. 23, 2012
Offering One
Series K, Senior Notes 3.000% Due March 1, 2019
|
Mar. 23, 2012
Offering Two
Series K, Senior Notes 3.000% Due March 1, 2019
|
Feb. 15, 2013
Repayment of Debt
Subsequent Event
Series J, Senior Notes 5.625% Due February 15, 2013
|
|
| Debt Instrument [Line Items] | ||||||||||||
| Senior Notes, face amount | $ 350,000,000 | $ 350,000,000 | $ 600,000,000 | $ 600,000,000 | $ 400,000,000 | $ 400,000,000 | $ 200,000,000 | |||||
| Debt instrument, stated interest rate | 3.25% | 3.25% | 3.00% | 3.00% | 5.625% | |||||||
| Number of offerings comprising notes | 2 | |||||||||||
| Issuance of long-term debt | 936,000,000 | 118,000,000 | 215,000,000 | 346,000,000 | 590,000,000 | |||||||
| Payment made to retire debt at maturity | 356,000,000 | 411,000,000 | ||||||||||
| Multicurrency revolving credit agreement, aggregate effective borrowings | 1,750,000,000 | |||||||||||
| Cash paid for interest, net of amounts capitalized | $ 83,000,000 | $ 130,000,000 | $ 148,000,000 | |||||||||
| X | ||||||||||
|
- Definition
Number of Offerings Comprising Notes No definition available.
|
| X | ||||||||||
|
- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of cash paid for interest during the period net of cash paid for interest that is capitalized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for the settlement of long-term borrowing, with the highest claim on the assets of the entity in case of bankruptcy or liquidation, as it matures. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Debt Principal Payments (Net of Unamortized Discounts) (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Debt Disclosure [Abstract] | ||
| 2013 | $ 408 | |
| 2014 | 49 | |
| 2015 | 316 | |
| 2016 | 813 | |
| 2017 | 301 | |
| Thereafter | 1,048 | |
| Long-term debt | $ 2,935 | $ 2,171 |
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of all debt, including all short-term borrowings, long-term debt, and capital lease obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing after the fifth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the next fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fifth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the fourth fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the third fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of long-term debt, sinking fund requirements, and other securities redeemable at fixed or determinable prices and dates maturing in the second fiscal year following the latest fiscal year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Unamortized Debt Discounts (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Debt Disclosure [Abstract] | ||
| Unamortized discount balance | $ 15 | $ 12 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of debt discount that was originally recognized at the issuance of the instrument that has yet to be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Self-Insurance Reserve for Losses and Loss Adjustment Expenses (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |
|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
|
| Self-Insurance Reserve for Losses and Loss Adjustment Expenses [Roll Forward] | ||
| Balance at beginning of year | $ 330 | $ 313 |
| Less: reinsurance recoverable | (5) | (7) |
| Net balance at beginning of year | 325 | 306 |
| Incurred related to: | ||
| Current year | 108 | 117 |
| Prior year | (11) | (9) |
| Total incurred | 97 | 108 |
| Paid related to: | ||
| Current year | (28) | (32) |
| Prior year | (57) | (57) |
| Total paid | (85) | (89) |
| Net balance at end of year | 337 | 325 |
| Add: reinsurance recoverable | 5 | 5 |
| Balance at end of year | $ 342 | $ 330 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Total amount of payments made during the reporting period to settle insured claims and pay costs incurred in the claims settlement process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of payments made in the reporting period to settle claims incurred in the current period and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of payments made in the reporting period to settle claims incurred in prior periods and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated cost of settling claims under the terms of the underlying insurance policies and assumed and ceded insurance contracts as of the balance sheet date, including an estimate for claims which have been incurred but not reported and the actual and estimated costs of settling claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total provision in the period for claims incurred and costs incurred in the claim settlement process. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of provision in the period for claims incurred in the reporting period and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of provision in the period for claims incurred in prior reporting periods and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Liability as of the balance sheet date for amounts representing estimated cost of settling unpaid claims under the terms of the underlying insurance policies, less estimated reinsurance recoveries on such claims. This includes an estimate for claims which have been incurred but not reported. Claim adjustment expenses represent the costs estimated to be incurred in the settlement of unpaid claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The known and estimated amount recoverable as of the balance sheet date from reinsurers for claims paid or incurred by the ceding insurer and associated claims settlement expenses, including estimated amounts for claims incurred but not reported, and policy benefits, net of any related valuation allowance. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Self-Insurance Reserve for Losses and Loss Adjustment Expenses - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Self-Insurance Reserve for Losses and Loss Adjustment Expenses Disclosure [Abstract] | |||
| Decrease in provision for unpaid loss and loss adjustment expenses | $ 11 | $ 9 | |
| Self-insurance reserve | 342 | 330 | 313 |
| Self-insurance reserve, current portion | 103 | 99 | |
| Self-insurance reserve, long-term portion | $ 239 | $ 231 | |
| X | ||||||||||
|
- Definition
Liability for Unpaid Claims and Claims Adjustment Expense, Gross, Current No definition available.
|
| X | ||||||||||
|
- Definition
Liability for Unpaid Claims and Claims Adjustment Expense, Gross, Noncurrent No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The estimated cost of settling claims under the terms of the underlying insurance policies and assumed and ceded insurance contracts as of the balance sheet date, including an estimate for claims which have been incurred but not reported and the actual and estimated costs of settling claims. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of provision in the period for claims incurred in prior reporting periods and related claims settlement costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Shareholders' (Deficit) Equity - Additional Information (Detail) (USD $)
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Jan. 01, 2010
|
|---|---|---|---|---|
| Equity [Abstract] | ||||
| Class A Common Stock, authorized (in shares) | 800,000,000 | |||
| Class A Common Stock, par value (in USD per share) | $ 0.01 | |||
| Preferred stock, authorized (in shares) | 10,000,000 | |||
| Preferred stock, no par value | ||||
| Class A Common Stock, outstanding (in shares) | 310,900,000 | 333,000,000 | 366,900,000 | 358,200,000 |
| Preferred stock, outstanding (in shares) | 0 |
| X | ||||||||||
|
- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Issuance value per share of no-par value, nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Accumulated Other Comprehensive Income Activity (Details) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||||||||
| Accumulated Other Comprehensive Income (Loss) [Roll Forward] | ||||||||||||
| Accumulated other comprehensive gain (loss), foreign currency translation adjustments | $ (37) | $ (4) | $ 11 | |||||||||
| Accumulated other comprehensive gain (loss), other derivative instrument adjustments | (18) | 2 | 2 | |||||||||
| Accumulated other comprehensive gain (loss), unrealized gains on available-for-sale securities | 7 | 0 | 0 | |||||||||
| Accumulated other comprehensive gain (loss) | (48) | (2) | 13 | |||||||||
| Other comprehensive income (loss), foreign currency translation adjustments | 5 | [1] | (33) | [1] | (15) | [1] | ||||||
| Other comprehensive income (loss), other derivative instrument adjustments | (1) | [2] | (20) | [2] | 0 | [2] | ||||||
| Other comprehensive income (loss), unrealized gains on available-for-sale securities | 0 | [3] | 7 | [3] | 0 | [3] | ||||||
| Total other comprehensive income (loss), net of tax | 4 | (46) | (15) | |||||||||
| Accumulated other comprehensive gain (loss), foreign currency translation adjustments | (32) | (37) | (4) | |||||||||
| Accumulated other comprehensive gain (loss), other derivative instrument adjustments | (19) | (18) | 2 | |||||||||
| Accumulated other comprehensive gain (loss), unrealized gains on available-for-sale securities | 7 | 7 | 0 | |||||||||
| Accumulated other comprehensive gain (loss) | (44) | (48) | (2) | |||||||||
| Reclassification of losses (gains) included in foreign currency translation adjustments | 1 | (2) | 2 | |||||||||
| Reclassification of losses included in other derivative instrument adjustments | 1 | |||||||||||
| Reclassification of losses from accumulated other comprehensive income - other-than-temporary impairment of available-for-sale securities | $ 0 | $ 10 | ||||||||||
|
||||||||||||
| X | ||||||||||
|
- Definition
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, before Tax No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Accumulated appreciation or loss, net of tax, in value of the total of available-for-sale securities at the end of an accounting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated change, net of tax, in accumulated gains and losses from derivative instruments designated and qualifying as the effective portion of cash flow hedges. Includes an entity's share of an equity investee's Increase or Decrease in deferred hedging gains or losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax amount of the appreciation (loss) in value of unsold available-for-sale securities attributable to the parent entity. Excludes amounts related to other than temporary impairment (OTTI) losses. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax and reclassification adjustments amount of the change in accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges, which is attributable to the parent entity. Also includes an entity's share of an equity investee's increase (decrease) in deferred hedging gain (loss). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount before tax, net of reclassification adjustments, resulting from the process of expressing in the reporting currency of the reporting entity those amounts that are denominated or measured in a different currency, and from transactions whose terms are denominated in a currency other than the entity's functional currency, which is attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Before tax amount of the income statement impact of the reclassification adjustment for translation gain (loss) realized upon the sale or complete or substantially complete liquidation of an investment in a foreign entity. Also includes reclassification adjustments on foreign currency hedges that are designated and qualified as hedging instruments for hedges of the foreign currency exposure of a net investment in a foreign operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax amount of other comprehensive income (loss) attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax amount of the income statement impact of the reclassification adjustment for unrealized (losses) realized upon the write-down of available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net of tax amount of the income statement impact of the reclassification adjustment of accumulated gain (loss) from derivative instruments designated and qualifying as the effective portion of cash flow hedges realized in net income. Also includes reclassification adjustments of an entity's share of an equity investee's deferred hedging gain (loss) realized in net income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Contingencies - Guarantees (Details)
|
Dec. 28, 2012
|
Dec. 28, 2012
Lease Obligations and Debt Securities Payable
USD ($)
|
Dec. 28, 2012
Primary Obligor
USD ($)
|
Dec. 28, 2012
Primary Obligor
Other Current Liabilities
USD ($)
|
Dec. 28, 2012
Primary Obligor
Other Long Term Liabilities
USD ($)
|
Dec. 28, 2012
Primary Obligor
Guarantee, Operating Profit
USD ($)
|
Dec. 28, 2012
Primary Obligor
Guarantee, Indebtedness of Others
USD ($)
|
Dec. 28, 2012
Primary Obligor
Not Yet In Effect Condition
Guarantee, Indebtedness of Others
USD ($)
|
Dec. 28, 2012
Secondarily Liable
USD ($)
|
Dec. 28, 2012
Secondarily Liable
Debt Securities Payable
USD ($)
|
Dec. 30, 2011
Sunrise Senior Living Inc
Secondarily Liable
USD ($)
|
Dec. 28, 2012
Sunrise Senior Living Inc
Secondarily Liable
Property Lease Guarantee
USD ($)
|
Dec. 28, 2012
Sunrise Senior Living Inc
Secondarily Liable
Debt Securities Payable
USD ($)
|
Dec. 28, 2012
CNL Retirement Properties Inc
Secondarily Liable
Debt Securities Payable
USD ($)
|
Dec. 28, 2012
Five Star Senior Living
Secondarily Liable
Debt Securities Payable
USD ($)
|
Dec. 28, 2012
Renaissance Hotel Group N.V.
Secondarily Liable
Property Lease Guarantee
USD ($)
|
Dec. 28, 2012
Renaissance Hotel Group N.V.
Secondarily Liable
Property Lease Guarantee
EUR (€)
|
Sep. 09, 2005
Renaissance Hotel Group N.V.
Secondarily Liable
Property Lease Guarantee
EUR (€)
|
Dec. 28, 2012
MVW Spin-off
Secondarily Liable
USD ($)
|
Dec. 28, 2012
Letter of Credit
Key Bank
Sunrise Senior Living Inc
Secondarily Liable
Property Lease Guarantee
USD ($)
|
Dec. 28, 2012
Expiration in 2022
MVW Spin-off
Secondarily Liable
USD ($)
Contract
|
Dec. 28, 2012
Expiration in 2022
MVW Spin-off
Secondarily Liable
SGD
|
Dec. 28, 2012
Ritz-Carlton
Secondarily Liable
Guarantee, Operating Profit
USD ($)
|
Dec. 28, 2012
ExecuStay
Property Lease Guarantee
USD ($)
|
Dec. 28, 2012
ExecuStay
Secondarily Liable
Lease is Terminated by End of 2013
Property Lease Guarantee
USD ($)
|
Dec. 28, 2012
ExecuStay
Secondarily Liable
Lease is Terminated After End of 2013
Property Lease Guarantee
USD ($)
|
Jan. 09, 2013
Subsequent Event
Sunrise Senior Living Inc
Secondarily Liable
Property Lease Guarantee
USD ($)
|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Commitments and Contingencies Disclosure [Line Items] | |||||||||||||||||||||||||||
| Funding guarantees, minimum term | 4 years | ||||||||||||||||||||||||||
| Funding guarantees, maximum term | 10 years | ||||||||||||||||||||||||||
| Liability for guarantees | $ 70,000,000 | $ 7,000,000 | $ 63,000,000 | $ 62,000,000 | $ 7,000,000 | ||||||||||||||||||||||
| Maximum potential amount of future fundings | 224,000,000 | 124,000,000 | 88,000,000 | 34,000,000 | 119,000,000 | 32,000,000 | 87,000,000 | 5,000,000 | 26,000,000 | 1,000,000 | 29,000,000 | 18,000,000 | 22,000,000 | 40,000,000 | 11,000,000 | 6,000,000 | |||||||||||
| Guarantee obligations, carrying value | 3,000,000 | 2,000,000 | 1,000,000 | ||||||||||||||||||||||||
| Cash collateral in the event funding is required | 3,000,000 | ||||||||||||||||||||||||||
| Length of operating lease extension | 5 years | ||||||||||||||||||||||||||
| Cash collateral in the event funding is required | 1,000,000 | 2,000,000 | |||||||||||||||||||||||||
| Letter of credit provided by Sunrise, amount available | 85,000,000 | ||||||||||||||||||||||||||
| Collateral for continuing lease obligation contingency, future minimum annual payments due | 1,000,000 | ||||||||||||||||||||||||||
| Annual rent payments, approximately | 6,000,000 | ||||||||||||||||||||||||||
| Remaining rent payments, approximately | 40,000,000 | ||||||||||||||||||||||||||
| Guarantee obligations, cash collateralized | 6,000,000 | 4,000,000 | 35,000,000 | ||||||||||||||||||||||||
| Number of guarantees provided | 1 | 1 | |||||||||||||||||||||||||
| Net worth of reimbursing counterparty | $ 1,000,000,000 |
| X | ||||||||||
|
- Definition
Cash Collateralized for Guarantee Obligations in Effect After One Year and Within Six Years No definition available.
|
| X | ||||||||||
|
- Definition
Cash Collateralized for Guarantee Obligations Within Two Years No definition available.
|
| X | ||||||||||
|
- Definition
Collateral for Continuing Lease Obligation Contingency, Future Minimum Payments Due, Annual Amount for Period After One Year and Within Six Years No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Funding Guarantees, Maximum Term No definition available.
|
| X | ||||||||||
|
- Definition
Funding Guarantees, Minimum Term No definition available.
|
| X | ||||||||||
|
- Definition
The carrying amount of the liability for expected future funding as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of cash collateral as of the balance sheet date that CTF Holdings Ltd. made available in the event that Marriott is required to fund under these guarantees. No definition available.
|
| X | ||||||||||
|
- Definition
Line of Credit Facility Provided by Third Party, Current Borrowing Capacity for Period After One Year and Within Six Years No definition available.
|
| X | ||||||||||
|
- Definition
Net Worth of Reimbursing Counterparty No definition available.
|
| X | ||||||||||
|
- Definition
Number of Guarantees Provided No definition available.
|
| X | ||||||||||
|
- Definition
Operating Lease Extension, Term No definition available.
|
| X | ||||||||||
|
- Definition
The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Contingencies - Commitments and Letters of Credit (Details)
In Millions, unless otherwise specified |
12 Months Ended | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
USD ($)
|
Dec. 28, 2012
Real Estate Investment
USD ($)
|
Dec. 28, 2012
Real Estate Investment
EUR (€)
|
Dec. 28, 2012
Renovation of Leased Hotel
USD ($)
|
Dec. 28, 2012
Commitments
USD ($)
|
Dec. 28, 2012
Full Service and Limited Service
Equity Investment for Non Controlling Interest in Partnership Commitment
USD ($)
|
Dec. 28, 2012
Limited Service
Equity Investment for Non Controlling Interest in Partnership Commitment
USD ($)
|
Dec. 28, 2012
Upper Limit
Real Estate Investment
USD ($)
|
Dec. 28, 2012
Upper Limit
Full Service and Limited Service
Equity Investment for Non Controlling Interest in Partnership Commitment
USD ($)
|
Dec. 28, 2012
Upper Limit
Limited Service
Equity Investment for Non Controlling Interest in Partnership Commitment
USD ($)
|
Dec. 28, 2012
Group 4
Investment in Other Joint Venture Commitment
USD ($)
Entity
|
Dec. 28, 2012
Group 4
Investment in Other Joint Venture Commitment
EUR (€)
Entity
|
Dec. 30, 2011
Group 4
Investment in Other Joint Venture Commitment
USD ($)
|
Dec. 30, 2011
Group 4
Investment in Other Joint Venture Commitment
EUR (€)
|
Dec. 28, 2012
Outside Effective Credit Facility
USD ($)
|
Dec. 28, 2012
Line of Credit Facility
USD ($)
|
|
| Commitments and Contingencies Disclosure [Line Items] | ||||||||||||||||
| Investment commitments | $ 17 | $ 23 | ||||||||||||||
| Investment commitments expected to be funded by 2014 | 12 | 20 | ||||||||||||||
| Number of years expected to fund | 2 years | 2 years | ||||||||||||||
| Investment commitments expected to be funded in 2013 | 7 | 10 | 11 | |||||||||||||
| Investment commitments expected to be funded in 2014 | 5 | 10 | ||||||||||||||
| Investment commitments not expected to be funded | 34 | 5 | 3 | |||||||||||||
| Investment commitments expected to be funded by 2015 | 20 | |||||||||||||||
| Acquisition interests in joint ventures | 50.00% | 50.00% | ||||||||||||||
| Number of new joint ventures | 2 | 2 | ||||||||||||||
| Contingent acquisition period | 8 years | 8 years | ||||||||||||||
| Deposits in conjunction with contingent obligation to acquire the interest in joint ventures | 8 | 6 | 12 | 9 | ||||||||||||
| Unfunded purchase commitments expiring in two years | 44 | 33 | ||||||||||||||
| Number of years to acquire remaining interest | 2 years | 2 years | ||||||||||||||
| Purchase commitments expected to be funded within two years | 35 | |||||||||||||||
| Purchase commitments, term | 2 years | |||||||||||||||
| Purchase commitments expected to be funded in 2013 | 32 | |||||||||||||||
| Purchase commitments expected to be funded in 2014 | 3 | |||||||||||||||
| Letters of credit outstanding | 68 | 67 | 1 | |||||||||||||
| Surety bonds issued | $ 120 | |||||||||||||||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Deposits made in conjunction with a contingent obligation to acquire our joint venture partner's remaining interest. These deposits are refundable to the extent we do not acquire our joint venture partner's remaining interests. No definition available.
|
| X | ||||||||||
|
- Definition
Expected Undisbursed Investment Commitments Amount No definition available.
|
| X | ||||||||||
|
- Definition
Commitments to invest No definition available.
|
| X | ||||||||||
|
- Definition
Investment Commitments Expected to be Funded After One Year and Within Two Years No definition available.
|
| X | ||||||||||
|
- Definition
Investment Commitments Expected to be Funded in Current Year No definition available.
|
| X | ||||||||||
|
- Definition
Investment Commitments Expected to be Funded Within Three Years No definition available.
|
| X | ||||||||||
|
- Definition
Investment Commitments Expected to be Funded Within Two Years No definition available.
|
| X | ||||||||||
|
- Definition
Number Of New Joint Ventures No definition available.
|
| X | ||||||||||
|
- Definition
The number of years within which we expect to fund a commitment. No definition available.
|
| X | ||||||||||
|
- Definition
The number of years within which we are obligated to acquire the remaining interest. No definition available.
|
| X | ||||||||||
|
- Definition
Ownership Interest Purchase Contingency Term No definition available.
|
| X | ||||||||||
|
- Definition
Purchase Commitments Funded And Unfunded, Expected to be Funded After One Year and Within Two Years No definition available.
|
| X | ||||||||||
|
- Definition
Purchase Commitments Funded And Unfunded, Expected to be Funded in Current Year No definition available.
|
| X | ||||||||||
|
- Definition
Purchase Commitments Funded And Unfunded Within Two Years No definition available.
|
| X | ||||||||||
|
- Definition
Purchase Commitments, Term No definition available.
|
| X | ||||||||||
|
- Definition
Purchase Commitments, Unfunded, Commitment Expires in Two Years No definition available.
|
| X | ||||||||||
|
- Definition
The remaining joint venture interest that we have a right and under certain circumstances an obligation to acquire. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of surety bonds issued as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. No definition available.
|
|
Maximum Potential Amount of Future Fundings as the Primary Obligor for Guarantees and the Liability for Expected Future Fundings (Detail) (Primary Obligor, USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
|---|---|
| Guarantor Obligations [Line Items] | |
| Maximum Potential Amount of Future Fundings | $ 224 |
| Liability for Guarantees | 70 |
|
Guarantee, Indebtedness of Others
|
|
| Guarantor Obligations [Line Items] | |
| Maximum Potential Amount of Future Fundings | 88 |
| Liability for Guarantees | 7 |
|
Guarantee, Operating Profit
|
|
| Guarantor Obligations [Line Items] | |
| Maximum Potential Amount of Future Fundings | 124 |
| Liability for Guarantees | 62 |
|
Guarantee, Other
|
|
| Guarantor Obligations [Line Items] | |
| Maximum Potential Amount of Future Fundings | 12 |
| Liability for Guarantees | $ 1 |
| X | ||||||||||
|
- Definition
The current carrying amount of the liability for the freestanding or embedded guarantor's obligations under the guarantee or each group of similar guarantees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee or each group of similar guarantees before reduction for potential recoveries under recourse or collateralization provisions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Contingencies - Legal Proceedings (Details) (Pricing Investigation by Korea Fair Trade Commission)
|
Mar. 31, 2012
location
|
|---|---|
|
Pricing Investigation by Korea Fair Trade Commission
|
|
| Loss Contingencies [Line Items] | |
| Number of hotels included in pricing investigation, managed by Company | 2 |
| X | ||||||||||
|
- Definition
Loss Contingency, Number of Company-managed Hotels Included in Pricing Investigation No definition available.
|
| X | ||||||||||
|
- Details
|
|
Business Segments - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 12 Months Ended | ||
|---|---|---|---|---|
|
Sep. 09, 2011
|
Dec. 28, 2012
segment
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Segment Reporting Disclosure [Line Items] | ||||
| Number of business segments | 4 | |||
| Revenues | $ 11,814 | $ 12,317 | $ 11,691 | |
| Segment financial results | 849 | 356 | 551 | |
| Impairment charges | (324) | 0 | (324) | 0 |
| Property and equipment | 1,539 | 1,168 | ||
|
International Operations
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Revenues | 1,912 | 1,945 | 1,841 | |
| Segment financial results | 283 | 172 | 252 | |
| Property and equipment | 491 | 402 | ||
|
Asia
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Segment financial results | 97 | |||
|
Europe
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Segment financial results | 62 | |||
|
Americas Excluding The United States
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Segment financial results | 68 | |||
|
Middle East And Africa
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Segment financial results | 21 | |||
|
Australia
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Segment financial results | 5 | |||
|
Ireland and the United Kingdom
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Segment financial results | 30 | |||
|
Total Reportable Segments
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Selling expenses | 53 | 354 | 419 | |
| Revenues | 11,526 | 12,197 | 11,611 | |
|
Former Timeshare Segment
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Percentage of selling expense | 82.00% | 85.00% | ||
| Revenues | 0 | 1,438 | 1,551 | |
|
Former Timeshare Segment | International Operations
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Impairment charges | 86 | |||
|
Former Timeshare Segment | Europe
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Impairment charges | 2 | |||
|
Former Timeshare Segment | Americas Excluding The United States
|
||||
| Segment Reporting Disclosure [Line Items] | ||||
| Impairment charges | $ 84 | |||
| X | ||||||||||
|
- Definition
Number of Reportable Business Segments No definition available.
|
| X | ||||||||||
|
- Definition
Percentage Of Selling Expense No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount recognized as an operating expense during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the income or loss from continuing operations attributable to the economic entity which may also be defined as revenue less expenses from ongoing operations, after income or loss from equity method investments, but before income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Expenses recognized in the period that are directly related to the selling and distribution of products or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Revenues (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | $ 11,814 | $ 12,317 | $ 11,691 |
|
Total Reportable Segments
|
|||
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | 11,526 | 12,197 | 11,611 |
|
North American Full-Service Segment
|
|||
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | 5,965 | 5,450 | 5,159 |
|
North American Limited-Service Segment
|
|||
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | 2,466 | 2,358 | 2,150 |
|
International Segment
|
|||
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | 1,330 | 1,278 | 1,188 |
|
Luxury Segment
|
|||
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | 1,765 | 1,673 | 1,563 |
|
Former Timeshare Segment
|
|||
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | 0 | 1,438 | 1,551 |
|
Other Unallocated Corporate
|
|||
| Segment Reporting, Revenue Reconciling Item [Line Items] | |||
| Revenues | $ 288 | $ 120 | $ 80 |
| X | ||||||||||
|
- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Net Income (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Income taxes | $ (278) | $ (158) | $ (93) | |||||||
| Net income | 571 | 198 | 458 | |||||||
| Interest expense | 137 | [1] | 164 | [1] | 180 | [1] | ||||
|
Total Reportable Segments
|
||||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Segment financial results | 1,173 | 765 | 983 | |||||||
|
North American Full-Service Segment
|
||||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Segment financial results | 407 | 351 | 317 | |||||||
|
North American Limited-Service Segment
|
||||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Segment financial results | 472 | 382 | 298 | |||||||
|
International Segment
|
||||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Segment financial results | 192 | 175 | 165 | |||||||
|
Luxury Segment
|
||||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Segment financial results | 102 | 74 | 77 | |||||||
|
Former Timeshare Segment
|
||||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Segment financial results | 0 | (217) | 126 | |||||||
| Interest expense | 43 | 55 | ||||||||
|
Other Unallocated Corporate
|
||||||||||
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||||||||
| Segment financial results | 204 | 302 | 326 | |||||||
| Interest expense and interest income | (120) | [2] | (107) | [2] | (106) | [2] | ||||
| Income taxes | $ (278) | $ (158) | $ (93) | |||||||
|
||||||||||
| X | ||||||||||
|
- Definition
Income Loss before Interest Income, Interest Expense and Income Taxes No definition available.
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of interest revenue (income derived from investments in debt securities and on cash and cash equivalents) net of interest expense (cost of borrowed funds accounted for as interest). No definition available.
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Equity in Losses of Equity Method Investees (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | $ (13) | [1] | $ (13) | [1] | $ (18) | [1] | ||
|
Total Reportable Segments
|
||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | (11) | (15) | (28) | |||||
|
North American Full-Service Segment
|
||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | 2 | 1 | 2 | |||||
|
North American Limited-Service Segment
|
||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | 2 | (2) | (13) | |||||
|
International Segment
|
||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | (2) | (4) | (7) | |||||
|
Luxury Segment
|
||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | (13) | (10) | (2) | |||||
|
Former Timeshare Segment
|
||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | 0 | 0 | (8) | |||||
|
Other Unallocated Corporate
|
||||||||
| Segment Reporting Information [Line Items] | ||||||||
| Equity in losses of equity method investees | $ (2) | $ 2 | $ 10 | |||||
|
||||||||
| X | ||||||||||
|
- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Depreciation and Amortization (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | $ 145 | $ 168 | $ 178 |
|
Total Reportable Segments
|
|||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 94 | 119 | 129 |
|
North American Full-Service Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 38 | 28 | 31 |
|
North American Limited-Service Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 16 | 22 | 19 |
|
International Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 23 | 22 | 24 |
|
Luxury Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 17 | 19 | 19 |
|
Former Timeshare Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | 0 | 28 | 36 |
|
Other Unallocated Corporate
|
|||
| Segment Reporting Information [Line Items] | |||
| Depreciation and amortization | $ 51 | $ 49 | $ 49 |
| X | ||||||||||
|
- Definition
The aggregate expense recognized in the current period that allocates the cost of tangible assets, intangible assets, or depleting assets to periods that benefit from use of the assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Assets (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Assets | $ 6,342 | $ 5,910 |
|
Total Reportable Segments
|
||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Assets | 4,239 | 3,695 |
|
North American Full-Service Segment
|
||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Assets | 1,517 | 1,241 |
|
North American Limited-Service Segment
|
||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Assets | 492 | 497 |
|
International Segment
|
||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Assets | 1,056 | 1,026 |
|
Luxury Segment
|
||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Assets | 1,174 | 931 |
|
Other Unallocated Corporate
|
||
| Segment Reporting, Asset Reconciling Item [Line Items] | ||
| Assets | $ 2,103 | $ 2,215 |
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Equity Method Investments (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
|---|---|---|
| Segment Reporting Information [Line Items] | ||
| Equity method investments | $ 195 | $ 234 |
|
Total Reportable Segments
|
||
| Segment Reporting Information [Line Items] | ||
| Equity method investments | 186 | 227 |
|
North American Full-Service Segment
|
||
| Segment Reporting Information [Line Items] | ||
| Equity method investments | 13 | 13 |
|
North American Limited-Service Segment
|
||
| Segment Reporting Information [Line Items] | ||
| Equity method investments | 44 | 84 |
|
International Segment
|
||
| Segment Reporting Information [Line Items] | ||
| Equity method investments | 100 | 92 |
|
Luxury Segment
|
||
| Segment Reporting Information [Line Items] | ||
| Equity method investments | 29 | 38 |
|
Other Unallocated Corporate
|
||
| Segment Reporting Information [Line Items] | ||
| Equity method investments | $ 9 | $ 7 |
| X | ||||||||||
|
- Definition
This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Goodwill (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
Dec. 30, 2011
|
Jan. 01, 2010
|
|---|---|---|---|
| Segment Reporting Information [Line Items] | |||
| Goodwill | $ 928 | $ 929 | $ 929 |
| Accumulated impairment losses | (54) | (54) | (54) |
| Goodwill, net | 874 | 875 | 875 |
|
North American Full-Service Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Goodwill | 335 | 335 | 335 |
| Accumulated impairment losses | 0 | 0 | 0 |
| Goodwill, net | 335 | 335 | 335 |
|
North American Limited-Service Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Goodwill | 125 | 126 | 126 |
| Accumulated impairment losses | (54) | (54) | (54) |
| Goodwill, net | 71 | 72 | 72 |
|
International Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Goodwill | 298 | 298 | 298 |
| Accumulated impairment losses | 0 | 0 | 0 |
| Goodwill, net | 298 | 298 | 298 |
|
Luxury Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Goodwill | 170 | 170 | 170 |
| Accumulated impairment losses | 0 | 0 | 0 |
| Goodwill, net | $ 170 | $ 170 | $ 170 |
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross amount, as of the balance sheet date, of the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable), in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The accumulated impairment losses related to goodwill as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Capital Expenditures (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
|
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | $ 437 | $ 183 | $ 307 |
|
Total Reportable Segments
|
|||
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | 372 | 124 | 247 |
|
North American Full-Service Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | 9 | 8 | 7 |
|
North American Limited-Service Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | 19 | 11 | 13 |
|
International Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | 38 | 52 | 35 |
|
Luxury Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | 306 | 40 | 168 |
|
Former Timeshare Segment
|
|||
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | 0 | 13 | 24 |
|
Other Unallocated Corporate
|
|||
| Segment Reporting Information [Line Items] | |||
| Capital expenditures | $ 65 | $ 59 | $ 60 |
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Spin-off - Additional Information (Detail) (USD $)
|
1 Months Ended | 3 Months Ended | 11 Months Ended | 12 Months Ended | 11 Months Ended | 0 Months Ended | 3 Months Ended | 12 Months Ended | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Nov. 21, 2011
|
Sep. 09, 2011
|
Nov. 20, 2011
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Nov. 10, 2011
|
Nov. 20, 2011
Warehouse Facility
|
Sep. 09, 2011
Warehouse Facility
|
Oct. 28, 2011
Preferred Stock Sale
|
Sep. 09, 2011
Inventory
|
Sep. 09, 2011
Property and Equipment
|
Dec. 30, 2011
Former Timeshare Segment
|
Dec. 30, 2011
Lower Limit
Former Timeshare Segment
|
Dec. 30, 2011
Upper Limit
Former Timeshare Segment
|
||||
| Segment Reporting Disclosure [Line Items] | ||||||||||||||||||
| Spin-off distribution ratio, spinnee shares received | 1 | |||||||||||||||||
| Spin-off distribution ratio, spinnor shares held | 10 | |||||||||||||||||
| Franchise fees, annual fee for use of Marriott timeshare and Ritz-Carlton fractional brands | $ 50,000,000 | |||||||||||||||||
| Franchise fees, percentage of developer contract sales | 2.00% | |||||||||||||||||
| Franchise fees, percentage of gross resales | 1.00% | |||||||||||||||||
| Decrease to stockholders' equity resulting from spin-off transaction | 1,162,000,000 | [1] | ||||||||||||||||
| Spin-off transaction expenses recognized | 34,000,000 | |||||||||||||||||
| Spin-off cash distribution, net | 160,000,000 | 122,000,000 | ||||||||||||||||
| Secured warehouse credit facility to be used on short-term financing | 300,000,000 | |||||||||||||||||
| Proceeds from sale of stock in MVW, net | 38,000,000 | |||||||||||||||||
| Gain (loss) recognized as a result of spin-off | 0 | |||||||||||||||||
| Timeshare strategy impairment, land sales time period | 18 months | 24 months | ||||||||||||||||
| Timeshare strategy impairment, inventory sales time period | 3 years | |||||||||||||||||
| Timeshare strategy-impairment charges | 324,000,000 | 0 | 324,000,000 | 0 | 256,000,000 | 68,000,000 | ||||||||||||
| Timeshare strategy-impairment charges, after-tax | $ 234,000,000 | |||||||||||||||||
|
||||||||||||||||||
| X | ||||||||||
|
- Definition
Franchise Fees, Annual Fee No definition available.
|
| X | ||||||||||
|
- Definition
Franchise Fees, Percentage Of Developer Contract Sales No definition available.
|
| X | ||||||||||
|
- Definition
Franchise Fees, Percentage of Gross Resales No definition available.
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity of line of credit facility for subsidiary, that remained with subsidiary after the spin-off. No definition available.
|
| X | ||||||||||
|
- Definition
Proceeds From Sale of Stock in Subsidiary or Equity Method Investee, Net No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Net cash distribution received prior to completion of the Timeshare segment spin-off. No definition available.
|
| X | ||||||||||
|
- Definition
Number of spinnee shares received by shareholders of spinnor in spin-off transaction, used to determine how many spinnee shares were distributed. No definition available.
|
| X | ||||||||||
|
- Definition
Number of shares held by shareholders of the spinnor, used to determine how many spinnee shares were distributed. No definition available.
|
| X | ||||||||||
|
- Definition
Expenses recognized in the Income Statement for the spin-off of the Timeshare segment. No definition available.
|
| X | ||||||||||
|
- Definition
Amount recognized as an operating expense during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
|
| X | ||||||||||
|
- Definition
Amount recognized as an operating expense, net of tax, during the period to reduce the carrying amount of several Timeshare projects. The impairment charge includes inventory, property, plant and equipment, and other impairments related to these Timeshare projects. No definition available.
|
| X | ||||||||||
|
- Definition
Timeshare Strategy Impairment, Inventory Sales, Time Period No definition available.
|
| X | ||||||||||
|
- Definition
Timeshare Strategy Impairment, Land Sales, Time Period No definition available.
|
| X | ||||||||||
|
- Definition
Amount of gain (loss) from the disposal of an asset through means other than sale, for example, but not limited to, abandonment, spin-off, and expropriation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The change in equity as a result of a spin-off transaction (a regular or reverse spin-off) which is based on the recorded amounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Spin-off - Net Assets Contributed (Details) (MVW Spin-off, USD $)
In Millions, unless otherwise specified |
Nov. 21, 2011
|
|---|---|
|
MVW Spin-off
|
|
| Segment Reporting Disclosure [Line Items] | |
| Cash and equivalents | $ 52 |
| Accounts and notes receivable | 247 |
| Inventory | 982 |
| Other current assets | 293 |
| Property and equipment and other | 284 |
| Loans to timeshare owners | 987 |
| Other current liabilities | (533) |
| Current portion of long-term debt | (122) |
| Long-term debt | (773) |
| Other long-term liabilities | (255) |
| SPIN-OFF OF MVW | $ 1,162 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Spin-off Assets, Accounts and Notes Receivable No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Assets, Cash and Equivalents No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Assets, Inventory No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Assets, Loans to Timeshare Owners No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Assets, Net No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Assets, Other Current Assets No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Assets, Property and Equipment and Other No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Liabilities, Long-term Debt, Current Maturities No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Liabilities, Long-term Debt, Excluding Current Maturities No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Liabilities, Other Current Liabilities No definition available.
|
| X | ||||||||||
|
- Definition
Spin-off Liabilities, Other Long-term Liabilities No definition available.
|
|
Cash Flows Between us and the Timeshare Notes Securitization Variable Interest Entities (Detail) (Former Timeshare Segment, USD $)
In Millions, unless otherwise specified |
11 Months Ended | 12 Months Ended |
|---|---|---|
|
Nov. 20, 2011
|
Dec. 31, 2010
|
|
|
Former Timeshare Segment
|
||
| Variable Interest Entity [Line Items] | ||
| Proceeds from securitization | $ 122 | $ 215 |
| Principal receipts | 188 | 231 |
| Interest receipts | 112 | 142 |
| Reserve release | 0 | 3 |
| Total | 422 | 591 |
| Principal to investors | (185) | (230) |
| Repurchases | (64) | (93) |
| Interest to investors | (39) | (53) |
| Total | (288) | (376) |
| Net Cash Flows | $ 134 | $ 215 |
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor Net Proceeds From Repayments No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor Proceeds From Interest Receipts No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor Proceeds From Principal Receipts No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor, Proceeds From Reserve Release No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor Proceeds Total No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor Repayments Of Interest To Investors No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor Repayments Of Principal To Investors No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows Between Transferee And Transferor Repayments Total No definition available.
|
| X | ||||||||||
|
- Definition
Cash Flows between a transferor and a transferee attributable to newly transferred assets related to either a securitization, asset-backed financing arrangement, or similar transfer in which the transferor has continuing involvement with the transferred financial assets underlying the transaction (including, but not limited to, servicing, recourse, and restrictions on transferor's interests in the transferred financial assets). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Cash Flows between a transferor and a transferee attributable to purchases of previously transferred financial assets (or its underlying collateral) related to a securitization, asset-backed financing arrangement, or similar transfer in which the transferor has continuing involvement with the transferred financial assets underlying the transaction (including, but not limited to, servicing, recourse, and restrictions on transferor's interests in the transferred financial assets). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Variable Interest Entities - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | 11 Months Ended | 12 Months Ended | 11 Months Ended | 12 Months Ended | 11 Months Ended | 12 Months Ended | 11 Months Ended | 12 Months Ended | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 31, 2010
|
Dec. 28, 2012
Lower Limit
|
Dec. 28, 2012
Upper Limit
|
Dec. 28, 2012
CTF Entity
location
|
Dec. 30, 2011
CTF Entity
|
Nov. 20, 2011
Variable Interest Entity, Primary Beneficiary
Securitized Notes Receivable
|
Dec. 31, 2010
Variable Interest Entity, Primary Beneficiary
Securitized Notes Receivable
|
Dec. 28, 2012
Variable Interest Entity, Not Primary Beneficiary
CTF Entity
Entity
location
|
Dec. 28, 2012
Variable Interest Entity, Not Primary Beneficiary
CTF Entity
Liability Exposure for Rent Payments
Secondarily Liable
|
Dec. 28, 2012
Variable Interest Entity, Not Primary Beneficiary
CTF Entity
Partial Liability Exposure for Rent Payments
Secondarily Liable
|
Nov. 20, 2011
Former Timeshare Segment
|
Dec. 30, 2011
Former Timeshare Segment
|
Dec. 31, 2010
Former Timeshare Segment
|
Nov. 20, 2011
Interest Income
|
Dec. 31, 2010
Interest Income
|
Nov. 20, 2011
Interest Income
Variable Interest Entity, Primary Beneficiary
Securitized Notes Receivable
|
Dec. 31, 2010
Interest Income
Variable Interest Entity, Primary Beneficiary
Securitized Notes Receivable
|
||||||
| Variable Interest Entity [Line Items] | ||||||||||||||||||||||||
| Interest income | $ 0 | $ 1,088 | $ 1,221 | $ 143 | $ 187 | $ 116 | $ 147 | |||||||||||||||||
| Interest expense | 137 | [1] | 164 | [1] | 180 | [1] | 39 | 51 | 43 | 55 | ||||||||||||||
| Debt issuance cost amortization | 3 | 4 | ||||||||||||||||||||||
| Limit to repurchasing defaulted mortgage notes at the outstanding principal balance | 10.00% | 20.00% | ||||||||||||||||||||||
| Defaulted notes voluntarily repurchased | 43 | 68 | ||||||||||||||||||||||
| Non defaulted notes voluntarily repurchased | 21 | 25 | ||||||||||||||||||||||
| Percent of tenant entities owned by CTF | 100.00% | |||||||||||||||||||||||
| Number of hotels managed | 5 | |||||||||||||||||||||||
| Number of tenant entities to whom hotel management services provided | 3 | |||||||||||||||||||||||
| Number of properties fully released from guarantees with CTF | 3 | |||||||||||||||||||||||
| Number of properties partially released from guarantees with CTF | 2 | |||||||||||||||||||||||
| CTF trust account | 0 | |||||||||||||||||||||||
| Number of hotels liable cash flow shortfalls | 3 | |||||||||||||||||||||||
| Future lease payment | $ 12 | $ 5 | ||||||||||||||||||||||
| Number of additional hotels liable cash flow shortfalls | 2 | |||||||||||||||||||||||
|
||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The amount of defaulted mortgage notes receivable that were voluntarily repurchased for the period. No definition available.
|
| X | ||||||||||
|
- Definition
Non Defaulted Mortgage Loans Repurchased No definition available.
|
| X | ||||||||||
|
- Definition
The number of additional hotels for which we are liable up to an aggregate cap if the hotels have cash flow shortfalls. No definition available.
|
| X | ||||||||||
|
- Definition
The number of hotels for which we are liable if the hotels have cash flow shortfalls. No definition available.
|
| X | ||||||||||
|
- Definition
Number Of Hotels Managed No definition available.
|
| X | ||||||||||
|
- Definition
Number of properties fully released from guarantees No definition available.
|
| X | ||||||||||
|
- Definition
Number of properties partially released from guarantees No definition available.
|
| X | ||||||||||
|
- Definition
Number of Tenant Entities to Whom Hotel Management Services Provided No definition available.
|
| X | ||||||||||
|
- Definition
The percentage of the initial mortgage balance of securitized mortgage notes receivable that we are limited in repurchasing upon default, based on the Timeshare note securitization transaction documents for each transaction. No definition available.
|
| X | ||||||||||
|
- Definition
Percent of tenant entities owned by Variable Interest Entity No definition available.
|
| X | ||||||||||
|
- Definition
Amount of noncash expense included in interest expense to issue debt and obtain financing associated with the related debt instruments. Alternate captions include noncash interest expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of cash and securities held by third party trustees pursuant to terms of debt instruments or other agreements as of the date of each statement of financial position presented, which can be used by the trustee only to pay the noncurrent portion of specified obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Revenue associated with the selling of time shares, a form of property ownership under which a property is held by a number of people, each with a right of possession for a specified time interval. Time sharing is most commonly applied to resort and vacation properties; also known as vacation interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Future Obligations Under Operating Leases (Detail) (Primary Obligations Operating Leases, USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
|
|---|---|
|
Primary Obligations Operating Leases
|
|
| Operating Leased Assets [Line Items] | |
| Minimum operating lease payments - 2013 | $ 126 |
| Minimum operating lease payments - 2014 | 126 |
| Minimum operating lease payments - 2015 | 122 |
| Minimum operating lease payments - 2016 | 115 |
| Minimum operating lease payments - 2017 | 92 |
| Minimum operating lease payments - thereafter | 669 |
| Total minimum operating lease payments where we are the primary obligor | $ 1,250 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the forth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the third fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing after the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Leases - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
|
Dec. 28, 2012
|
Dec. 30, 2011
|
Dec. 28, 2012
Lower Limit
Contract
|
Dec. 28, 2012
Upper Limit
|
Dec. 28, 2012
Primary Obligations Operating Leases
|
Dec. 28, 2012
Consolidated Subsidiaries Non Recourse to Parent
Primary Obligations Operating Leases
|
Dec. 28, 2012
Secondarily Liable
CTF Entity
Variable Interest Entity, Not Primary Beneficiary
|
|
| Operating Leased Assets [Line Items] | |||||||
| Leases, initial terms | 20 years | ||||||
| Number of lease renewal options | 1 | ||||||
| Renewal option period | 5 years | 10 years | |||||
| Obligations of consolidated subsidiaries | $ 1,250 | $ 272 | $ 17 | ||||
| Minimum operating lease payments - 2013 | 126 | 11 | |||||
| Minimum operating lease payments - 2014 | 126 | 6 | |||||
| Present value of net minimum lease payments associated with capital leases | $ 50 | $ 64 | |||||
| X | ||||||||||
|
- Definition
Number Of Renewal Options No definition available.
|
| X | ||||||||||
|
- Definition
Operating Leases, Initial Term No definition available.
|
| X | ||||||||||
|
- Definition
Operating Leases, Renewal Option Term No definition available.
|
| X | ||||||||||
|
- Definition
Present value of minimum lease payments for capital leases net of executory costs, including amounts paid by the lessee to the lessor for insurance, maintenance and taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments for leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the next fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Composition of Rent Expense Associated with Operating Leases (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
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Dec. 28, 2012
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Dec. 30, 2011
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Dec. 31, 2010
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| Leases [Abstract] | |||
| Minimum rentals | $ 188 | $ 240 | $ 252 |
| Additional rentals | 62 | 66 | 67 |
| Operating leases, rent expense, total | $ 250 | $ 306 | $ 319 |
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- Definition
Rental expense incurred for leased assets including furniture and equipment which has not been recognized in costs and expenses applicable to sales and revenues; for example, cost of goods sold or other operating costs and expenses. No definition available.
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- Details
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- Definition
The increases or decreases in lease payments that result from changes occurring after the inception of the lease in the factors (other than the passage of time) on which lease payments are based, except that any escalation of minimum lease payments relating to increases in construction or acquisition cost of the leased property or for increases in some measure of cost or value during the construction or preconstruction period, are excluded from contingent rentals. Contingent rentals also may include amounts for which the triggering events have not yet occurred or the specified targets for which have not yet been achieved (such as sales based percentage rent), but which events are considered probable of occurring or which specified targets are considered probable of being achieved. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This element represents the payments that the lessee is obligated to make or can be required to make in connection with a property under the terms of an agreement classified as an operating lease, excluding contingent rentals and a guarantee by the lessee of the lessor's debt and the lessee's obligation to pay (apart from the rental payments) executory costs such as insurance, maintenance, and taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Future Obligations Under Capital Leases (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
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Dec. 30, 2011
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|---|---|---|
| Leases [Abstract] | ||
| Minimum capital lease payments - 2013 | $ 3 | |
| Minimum capital lease payments - 2014 | 45 | |
| Minimum capital lease payments - 2015 | 1 | |
| Minimum capital lease payments - 2016 | 1 | |
| Minimum capital lease payments - 2017 | 1 | |
| Minimum capital lease payments - thereafter | 3 | |
| Total minimum lease payments | 54 | |
| Less: amount representing interest | (4) | |
| Present value of net minimum lease payments | $ 50 | $ 64 |
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- Definition
Amount of minimum lease payments for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the next fiscal year following the latest fiscal year for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the fifth fiscal year following the latest fiscal year for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the forth fiscal year following the latest fiscal year for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the third fiscal year following the latest fiscal year for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing in the second fiscal year following the latest fiscal year for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of minimum lease payments maturing after the fifth fiscal year following the latest fiscal year for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount necessary to reduce net minimum lease payments to present value for capital leases. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Present value of minimum lease payments for capital leases net of executory costs, including amounts paid by the lessee to the lessor for insurance, maintenance and taxes. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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Related Party Transactions - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
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|---|---|
| Related Party Transaction [Line Items] | |
| Undistributed earnings | $ 1 |
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Lower Limit
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| Related Party Transaction [Line Items] | |
| Ownership interest in equity method investments | 10.00% |
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Upper Limit
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| Related Party Transaction [Line Items] | |
| Ownership interest in equity method investments | 49.00% |
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- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Amount of consolidated retained earnings that represent undistributed (not yet received) earnings from 50% or less owned persons accounted for by the equity method (equity method investees). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Financial Data Resulting from Transactions with Related Parties, Income Statement Data (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | |||||||
|---|---|---|---|---|---|---|---|---|
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Dec. 28, 2012
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Dec. 30, 2011
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Dec. 31, 2010
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||||||
| Related Party Transaction [Line Items] | ||||||||
| Base management fees | $ 581 | [1] | $ 602 | [1] | $ 562 | [1] | ||
| Franchise fees | 607 | [1] | 506 | [1] | 441 | [1] | ||
| Incentive management fees | 232 | [1] | 195 | [1] | 182 | [1] | ||
| Cost reimbursements | 9,405 | [1] | 8,843 | [1] | 8,239 | [1] | ||
| Revenues | 11,814 | 12,317 | 11,691 | |||||
| General, administrative, and other | (645) | [1] | (752) | [1] | (780) | [1] | ||
| Reimbursed costs | (9,405) | [1] | (8,843) | [1] | (8,239) | [1] | ||
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Related Party Transactions
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| Related Party Transaction [Line Items] | ||||||||
| Base management fees | 26 | 37 | 35 | |||||
| Franchise fees | 0 | 0 | 0 | |||||
| Incentive management fees | 5 | 0 | 3 | |||||
| Cost reimbursements | 315 | 383 | 328 | |||||
| Owned, leased, corporate housing, and other | 3 | 8 | 4 | |||||
| Revenues | 349 | 428 | 370 | |||||
| General, administrative, and other | 0 | (5) | (1) | |||||
| Reimbursed costs | (315) | (383) | (328) | |||||
| Gains and other income | 43 | 4 | 6 | |||||
| Interest expense-capitalized | 1 | 2 | 5 | |||||
| Interest income | 3 | 3 | 3 | |||||
| Equity in losses | $ (13) | $ (13) | $ (18) | |||||
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- Definition
Revenue generated from owned and leased hotels as well as corporate housing and other revenue sources. No definition available.
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- Definition
Cost associated with reimbursable income. This occurs when a services entity incurs expenses on behalf of the client and passes through the cost of reimbursable expenses to a client. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
This item represents the amount of gain (loss) arising from the disposal of an equity method investment. No definition available.
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- Definition
Revenue earned during the period from consideration (often a percentage of the franchisee's sales) received for the right to operate a business using the entity's name, merchandise, services, methodologies, promotional support, marketing, and supplies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate total of expenses of managing and administering the affairs of an entity, including affiliates of the reporting entity, which are not directly or indirectly associated with the manufacture, sale or creation of a product or product line. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount of interest capitalized during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The net amount of operating interest income (expense). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Base revenue, as contractually stipulated, for operating and managing another entity's business during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Revenue for operating and managing another entity's business during the reporting period which is based on meeting certain operating or revenue metrics (for example: occupancy or vacancy rates, profitability or expense targets), or otherwise meant to incentivize the operator other than by guaranteed or minimum compensation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Repayment received or receivable for expenses incurred on behalf of a client or customer, other than those reimbursements received by landlords from tenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Financial Data Resulting from Transactions with Related Parties, Balance Sheet Data (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
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Dec. 30, 2011
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|---|---|---|---|---|---|---|
| Related Party Transaction [Line Items] | ||||||
| Current assets-accounts and notes receivable | $ 1,028 | [1] | $ 875 | [1] | ||
| Contract acquisition costs and other | 1,115 | [1] | 846 | [1] | ||
| Equity and cost method investments | 216 | [1] | 265 | [1] | ||
| Notes receivable | 242 | 382 | ||||
| Deferred taxes, net asset | 950 | 1,145 | ||||
| Current liabilities: | ||||||
| Other | (459) | [1] | (491) | [1] | ||
| Other long-term liabilities | (898) | [1] | (883) | [1] | ||
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Related Party Transactions
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| Related Party Transaction [Line Items] | ||||||
| Current assets-accounts and notes receivable | 18 | 12 | ||||
| Contract acquisition costs and other | 21 | 28 | ||||
| Equity and cost method investments | 195 | 234 | ||||
| Notes receivable | 0 | 2 | ||||
| Deferred taxes, net asset | 17 | 16 | ||||
| Other | 20 | 13 | ||||
| Current liabilities: | ||||||
| Other | (2) | (6) | ||||
| Other long-term liabilities | $ (2) | $ (30) | ||||
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- Definition
The aggregate of amounts due from customers or clients, within one year of the balance sheet date (or one operating cycle, if longer), for goods or services that have been delivered or sold in the normal course of business and an amount representing an agreement for an unconditional promise by the maker to pay the entity (holder) a definite sum of money at a future date within one year of the balance sheet, reduced to their estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection and net of any write-downs taken for collection uncertainty on the part of the holder, respectively. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after allocation of valuation allowances of deferred tax asset attributable to deductible temporary differences and carryforwards. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Amount after amortization of assets, excluding financial assets and goodwill, lacking physical substance with a finite life. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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- Definition
Net amount of the investment in a contractual right to receive money on demand or on fixed or determinable dates that is recognized as an asset in the creditor's statement of financial position. Examples include, but are not limited to, credit card receivables, notes receivable and receivables relating to lessor's rights to payments from leases other than operating leases that have been recorded as assets. Excludes trade accounts receivable with contractual maturity of one year or less and arose from the sale of goods or services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The aggregate carrying amounts, as of the balance sheet date, of assets not separately disclosed in the balance sheet. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount of current liabilities (due within one year or within the normal operating cycle if longer) not separately disclosed in the balance sheet. Includes costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered and of liabilities not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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Equity Method Investment Summarized Financial Information, Income Statement (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
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Dec. 28, 2012
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Dec. 30, 2011
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Dec. 31, 2010
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| Equity Method Investment, Summarized Financial Information, Income Statement [Abstract] | |||
| Sales | $ 902 | $ 1,215 | $ 914 |
| Net loss | $ (4) | $ (58) | $ (77) |
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- Details
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- Definition
The amount of net income (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity. No definition available.
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Equity Method Investment Summarized Financial Information, Balance Sheet (Detail) (USD $)
In Millions, unless otherwise specified |
Dec. 28, 2012
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Dec. 30, 2011
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|---|---|---|
| Related Party Transactions [Abstract] | ||
| Assets (primarily comprised of hotel real estate managed by us) | $ 1,486 | $ 3,159 |
| Liabilities | $ 1,245 | $ 2,532 |
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- Definition
The amount of assets reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition
The amount of liabilities reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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Relationship with Major Customer - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
12 Months Ended | ||
|---|---|---|---|
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Dec. 28, 2012
location
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Dec. 30, 2011
location
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Dec. 31, 2010
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Host Hotels & Resorts Inc
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| Revenue, Major Customer [Line Items] | |||
| Number of lodging properties operated under long-term agreements of affiliated unconsolidated partnerships | 124 | 127 | |
| Revenues | $ 2,212 | $ 2,207 | $ 2,036 |
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Host Partnerships
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| Revenue, Major Customer [Line Items] | |||
| Number of lodging properties operated under long-term agreements of affiliated unconsolidated partnerships | 10 | 5 | 5 |
| Revenues | $ 114 | $ 106 | $ 112 |
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- Definition
Number of Customer Owned or Leased Lodging Properties Managed No definition available.
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- Definition
Amount of revenue generated from a single external customer that accounts for 10 percent or more of an entity's revenues. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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