Hilton Worldwide (HLT) 10-K 15 Feb 17 2016 FY Annual report Financial data

Document

Document - USD ($)	12 Months Ended
	Dec. 31, 2016	Feb. 08, 2017	Jun. 30, 2016
Entity Information [Line Items]
Entity Registrant Name	Hilton Worldwide Holdings Inc.
Entity Central Index Key	1,585,689
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-K
Document Period End Date	Dec. 31, 2016
Document Fiscal Period Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false
Trading Symbol	hlt
Entity Common Stock, Shares Outstanding		329,731,387
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Public Float			$ 11,751,000,000

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Current Assets:
Cash and cash equivalents		$ 1,418	$ 609
Restricted cash and cash equivalents		266	247
Accounts receivable, net of allowance for doubtful accounts		1,005	876
Inventories		541	442
Current portion of financing receivables, net		138	129
Prepaid expenses		137	147
Income taxes receivable		13	97
Other		39	38
Total current assets		3,557	2,585
Property, Intangibles and Other Assets:
Property and equipment, net		8,930	9,119
Financing receivables, net		963	887
Investments in affiliates		114	138
Goodwill		5,822	5,887
Brands		4,848	4,919
Management and franchise contracts, net		1,019	1,149
Other intangible assets, net		507	586
Deferred income tax assets		117	78
Other		334	274
Total property, intangibles and other assets		22,654	23,037
Total assets		26,211	25,622
Current Liabilities:
Accounts payable, accrued expenses and other		2,453	2,206
Current maturities of long-term debt	[1]	98	94
Current maturities of timeshare debt		73	110
Income taxes payable		60	33
Total current liabilities		2,684	2,443
Long-term debt		10,020	9,857
Timeshare debt		621	392
Deferred revenues		64	283
Deferred income tax liabilities		4,575	4,630
Liability for guest loyalty program		889	784
Other		1,509	1,282
Total liabilities		20,362	19,671
Commitments and contingencies - see Note 24
Equity:
Preferred stock		0	0
Common stock		10	10
Additional paid-in capital		10,213	10,151
Accumulated deficit		(3,323)	(3,392)
Accumulated other comprehensive loss		(1,001)	(784)
Total Hilton stockholders' equity		5,899	5,985
Noncontrolling interests		(50)	(34)
Total equity		5,849	5,951
Total liabilities and equity		$ 26,211	$ 25,622
[1]	Net of unamortized deferred financing costs and discounts attributable to current maturities of long-term debt.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable		$ 36	$ 30
Variable interest entities - current assets		167	141
Variable interest entities - property, intangibles and other assets		569	481
Variable interest entities - current liabilities		124	157
Variable interest entities - total liabilities		$ 766	$ 627
Preferred stock, par value (per share)		$ 0.01	$ 0.01
Preferred stock, authorized shares		3,000,000,000	3,000,000,000
Preferred stock, issued shares		0	0
Preferred stock, outstanding shares		0	0
Common stock, par value (per share)		$ 0.01	$ 0.01
Common stock, authorized shares	[1]	10,000,000,000	10,000,000,000
Common stock, issued shares	[1]	329,351,581	329,162,376
Common stock, outstanding shares	[1]	329,341,992	329,152,787
Reverse stock split		1-for-3
[1]	Common stock shares authorized, issued and outstanding have been adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3, 2017.

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Revenues
Owned and leased hotels	$ 4,126		$ 4,233		$ 4,239
Management and franchise fees and other	1,701		1,601		1,401
Timeshare	1,390		1,308		1,171
Total revenues excluding reimbursement revenue	7,217		7,142		6,811
Other revenues from managed and franchised properties	4,446		4,130		3,691
Total revenues	11,663		11,272		10,502
Expenses
Owned and leased hotels	3,100		3,168		3,252
Timeshare	948		897		767
Depreciation and amortization	686		692		628
Impairment loss	15		9		0
General, administrative and other	616		611		491
Total expenses excluding cost of reimbursable expense	5,365		5,377		5,138
Other expenses from managed and franchised properties	4,446		4,130		3,691
Total expenses	9,811		9,507		8,829
Gain on sales of assets, net	9		306		0
Operating income	1,861		2,071		1,673
Interest income	12		19		10
Interest expense	(587)		(575)		(618)
Equity in earnings from unconsolidated affiliates	8		23		19
Gain (loss) on foreign currency transactions	(13)		(41)		26
Other gain (loss), net	(26)		(1)		37
Income before income taxes	1,255		1,496		1,147
Income tax expense	(891)		(80)		(465)
Net income	364		1,416		682
Net income attributable to noncontrolling interests	(16)		(12)		(9)
Net income attributable to Hilton Stockholders	$ 348		$ 1,404		$ 673
Earnings per share: Basic
Earnings per share, basic	$ 1.06	[1]	$ 4.27	[1]	$ 2.05	[2]
Earnings per share: Diluted
Earnings per share, diluted	1.05	[1]	4.26	[1]	2.05	[2]
Cash dividends declared per share	$ 0.84	[2]	$ 0.42	[2]	$ 0
[1]	The sum of the earnings per share for the four quarters differs from annual earnings per share due to the required method of computing the weighted average shares outstanding in interim periods. All per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1: "Organization" for further discussion.
[2]	Weighted average shares outstanding used in the computation of basic and diluted earnings per share and cash dividends declared per share were adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3, 2017.

Consolidated Statements of Ope5

Consolidated Statements of Operations Consolidated Statement of Operations (Parentheticals)	12 Months Ended
	Dec. 31, 2016
Income Statement [Abstract]
Reverse stock split	1-for-3

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ (382)	$ 192	$ 244	$ 310	$ 816	$ 283	$ 167	$ 150	$ 364	$ 1,416	$ 682
Other comprehensive income (loss), net of tax:
Currency translation adjustment									(159)	(134)	(299)
Pension liability adjustment									(57)	(15)	(45)
Cash flow hedge adjustment									(2)	(7)	(9)
Total other comprehensive income (loss)									(218)	(156)	(353)
Comprehensive income									146	1,260	329
Comprehensive income attributable to noncontrolling interests									(15)	(12)	(14)
Comprehensive income attributable to Hilton stockholders									$ 131	$ 1,248	$ 315

Consolidated Statements of Com7

Consolidated Statements of Comprehensive Income (Loss) (Parentheticals) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Foreign currency translation adjustment, tax	$ 19	$ (8)	$ (73)
Pension liability adjustment, tax	2	(10)	(27)
Cash flow adjustment, tax	$ 2	$ 4	$ 5

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Activities:
Net income	$ 364	$ 1,416	$ 682
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	686	692	628
Impairment loss	15	9	0
Gain on sales of assets, net	(9)	(306)	0
Equity in earnings from unconsolidated affiliates	(8)	(23)	(19)
Loss (gain) on foreign currency transactions	13	41	(26)
Other loss (gain), net	26	1	(37)
Share-based compensation	65	124	78
Amortization of deferred financing costs and other	32	38	50
Distributions from unconsolidated affiliates	22	26	22
Deferred income taxes	(79)	(479)	14
Accounts receivable, net	(143)	(47)	(143)
Inventories	15	(39)	56
Prepaid expenses	0	(27)	(8)
Income taxes receivable	84	35	(57)
Other current assets	(2)	32	(10)
Accounts payable, accrued expenses and other	217	59	8
Income taxes payable	28	13	10
Change in timeshare financing receivables	(54)	(49)	(27)
Change in deferred revenues	(219)	(212)	(179)
Change in liability for guest loyalty program	154	64	206
Change in other liabilities	199	154	12
Other	(56)	(115)	47
Net cash provided by operating activities	1,350	1,407	1,307
Investing Activities:
Capital expenditures for property and equipment	(317)	(310)	(268)
Acquisitions, net of cash acquired	0	(1,402)	0
Proceeds from asset dispositions	11	2,205	44
Contract acquisition costs	(55)	(37)	(65)
Capitalized software costs	(81)	(62)	(69)
Other	(36)	20	48
Net cash provided by (used in) investing activities	(478)	414	(310)
Financing Activities:
Borrowings	4,715	48	350
Repayment of debt	(4,359)	(1,624)	(1,424)
Debt issuance costs	(76)	0	(9)
Capital contribution	0	0	13
Dividends paid	(277)	(138)	0
Distributions to noncontrolling interests	(32)	(8)	(5)
Excess tax benefits from share-based compensation	0	8	0
Net cash used in financing activities	(29)	(1,714)	(1,075)
Effect of exchange rate changes on cash, restricted cash and cash equivalents	(15)	(19)	(14)
Net increase (decrease) in cash, restricted cash and cash equivalents	828	88	(92)
Cash, restricted cash and cash equivalents, beginning of period	856	768	860
Cash, restricted cash and cash equivalents, end of period	$ 1,684	$ 856	$ 768

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Millions		Total		Common Stock [member]		Additional Paid-in Capital [member]	Accumulated Deficit [member]	Accumulated Other Comprehensive Income (Loss) [member]	Noncontrolling Interest [member]
Balance (shares) at Dec. 31, 2013	[1]			328,000,000
Balance at Dec. 31, 2013		$ 4,276		$ 10		$ 9,948	$ (5,331)	$ (264)	$ (87)
Share-based compensation		101				101
Net income		682					673		9
Other comprehensive income (loss), net of tax:
Currency translation adjustment		(299)						(304)	5
Pension liability adjustment		(45)						(45)
Cash flow hedge adjustment		(9)						(9)
Total other comprehensive income (loss)		(353)						(358)	5
Capital contribution		13				13
Equity contributions to consolidated variable interest entities		0				34		6	40
Distributions		(5)							(5)
Balance (shares) at Dec. 31, 2014	[1]			328,000,000
Balance at Dec. 31, 2014		4,714		$ 10		10,028	(4,658)	(628)	(38)
Share Based Payment Award Transactions Net Shares	[1]			1,000,000
Share-based compensation		115				115
Net income		1,416					1,404		12
Other comprehensive income (loss), net of tax:
Currency translation adjustment		(134)						(134)
Pension liability adjustment		(15)						(15)
Cash flow hedge adjustment		(7)						(7)
Total other comprehensive income (loss)		(156)						(156)
Dividends		(138)					(138)
Excess tax benefits on equity awards		8				8
Distributions		$ (8)							(8)
Balance (shares) at Dec. 31, 2015		329,152,787	[2]	329,000,000	[1]
Balance at Dec. 31, 2015		$ 5,951		$ 10		10,151	(3,392)	(784)	(34)
Share-based compensation		62				62
Net income		364					348		16
Other comprehensive income (loss), net of tax:
Currency translation adjustment		(159)						(158)	(1)
Pension liability adjustment		(57)						(57)
Cash flow hedge adjustment		(2)						(2)
Total other comprehensive income (loss)		(218)						(217)	(1)
Dividends		(279)					(279)
Cumulative effect of the adoption of ASU 2015-02		5							5
Deconsolidation of a variable interest entity		(4)							(4)
Distributions		$ (32)							(32)
Balance (shares) at Dec. 31, 2016		329,341,992	[2]	329,000,000	[1]
Balance at Dec. 31, 2016		$ 5,849		$ 10		$ 10,213	$ (3,323)	$ (1,001)	$ (50)
[1]	Common stock shares outstanding have been adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3, 2017.
[2]	Common stock shares authorized, issued and outstanding have been adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3, 2017.

Consolidated Statements of St10

Consolidated Statements of Stockholders' Equity Consolidated Statements of Stockholders' Equity (Parentheticals)	12 Months Ended
	Dec. 31, 2016
Statement of Stockholders' Equity [Abstract]
Reverse stock split	1-for-3

Organization

Organization	12 Months Ended
	Dec. 31, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	Organization Organization Hilton Worldwide Holdings Inc. (the "Parent," or together with its subsidiaries, "Hilton," "we," "us," "our" or the "Company"), a Delaware corporation, is one of the largest hospitality companies in the world based upon the number of hotel rooms and timeshare units. We are engaged in owning, leasing, managing and franchising hotels, resorts and timeshare properties. As of December 31, 2016 , we owned, leased, managed or franchised 4,875 hotel and resort properties, totaling 796,440 rooms in 104 countries and territories, as well as 47 timeshare properties comprising 7,657 units. As of December 31, 2016 , affiliates of The Blackstone Group L.P. ("Blackstone") beneficially owned approximately 40.3 percent of our common stock. Spin-offs On January 3, 2017 , we completed the previously announced spin-offs of our real estate and timeshare businesses into two independent, publicly traded companies: Park Hotels & Resorts Inc. ("Park") and Hilton Grand Vacations Inc. ("HGV") (the "spin-offs"). These consolidated financial statements present the consolidated financial position and results of operations of Hilton as of and for the years ended December 31, 2016, 2015 and 2014, without giving effect to these transactions as they were not completed as of the most recent balance sheet date. See Note 29 : " Subsequent Events " for further discussion. Reverse Stock Split On January 3, 2017 , we completed a 1-for-3 reverse stock split of Hilton's outstanding common stock (the "Reverse Stock Split"). The authorized number of shares of common stock was reduced from 30,000,000,000 to 10,000,000,000 , and the authorized number of shares of preferred stock remains 3,000,000,000 . Stockholders entitled to fractional shares as a result of the reverse stock split received a cash payment in lieu of receiving fractional shares. All share and share-related information presented in these consolidated financial statements have been retroactively adjusted to reflect the decreased number of shares resulting from the Reverse Stock Split.

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Basis of Presentation and Significant Accounting Policies	Basis of Presentation and Summary of Significant Accounting Policies Basis of Presentation Principles of Consolidation The consolidated financial statements include the accounts of Hilton, our wholly owned subsidiaries and entities in which we have a controlling financial interest, including variable interest entities ("VIEs") where we are the primary beneficiary. Entities in which we have a controlling financial interest generally comprise majority owned real estate ownership and management enterprises. The determination of a controlling financial interest is based upon the terms of the governing agreements of the respective entities, including the evaluation of rights held by other ownership interests. If the entity is considered to be a VIE, we determine whether we are the primary beneficiary, and then consolidate those VIEs for which we have determined we are the primary beneficiary. If the entity in which we hold an interest does not meet the definition of a VIE, we evaluate whether we have a controlling financial interest through our voting interests in the entity. We consolidate entities when we own more than 50 percent of the voting shares of a company or otherwise have a controlling financial interest. All material intercompany transactions and balances have been eliminated in consolidation. References in these financial statements to net income (loss) attributable to Hilton stockholders and Hilton stockholders' equity (deficit) do not include noncontrolling interests, which represent the outside ownership interests of our consolidated, non-wholly owned entities and are reported separately. Use of Estimates The preparation of financial statements in conformity with United States of America ("U.S.") generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported and, accordingly, ultimate results could differ from those estimates. Summary of Significant Accounting Policies Revenue Recognition Revenues are primarily derived from the following sources and are generally recognized as services are rendered and when collectibility is reasonably assured. Amounts received in advance of revenue recognition are deferred as liabilities. • Owned and leased hotel revenues primarily consist of room rentals, food and beverage sales and other ancillary goods and services from owned, leased and consolidated non-wholly owned hotel properties. Revenues are recorded when rooms are occupied or goods and services have been delivered or rendered. • Management fees represent fees earned from hotels and timeshare properties that we manage, usually under long-term contracts with the property owner and homeowners' associations. Management fees from hotels usually include a base fee, which is generally a percentage of hotel revenues, and an incentive fee, which is typically based on a fixed or variable percentage of hotel profits and in some cases may be subject to a stated return threshold to the owner, normally over a one-calendar year period. We recognize base fees as revenue when earned in accordance with the terms of the management agreement. For incentive fees, we recognize those amounts that would be due if the contract was terminated at the financial statement date. Management fees from timeshare properties are generally a fixed percent as stated in the management agreement and are recognized as the services are performed. • Franchise fees represent fees earned in connection with the licensing of one of our hotel brands, usually under long-term contracts with the hotel owner. We charge a monthly franchise royalty fee, generally based on a percentage of room revenue, as well as application and initiation fees for new hotels entering the system. Royalty fees for our full service brands may also include a percentage of gross food and beverage revenues and other revenues, where applicable. We also earn fees when certain franchise agreements are terminated early or there is a change in ownership. Application and initiation fees are recognized when all services and conditions have been substantially performed or satisfied by us, generally upon execution of the agreement. We recognize royalty and other franchise fees as the fees are earned, which is when all material services or conditions have been performed or satisfied. • Other revenues include revenues generated by the incidental support of hotel operations for owned, leased, managed and franchised hotels, including purchasing operations, and other rental income. This includes any revenues received for vendor rebate arrangements we participate in as a manager of hotel and timeshare properties. • Timeshare revenues consist of revenues generated from our Hilton Grand Vacations timeshare business. Timeshare revenues are principally generated from the sale and financing of fee-simple timeshare intervals deeded in perpetuity, developed or acquired either by us or by third parties. Revenue from a deeded timeshare sale is recognized when the customer has executed a binding sales contract, a minimum 10 percent down payment has been received, certain minimum sales thresholds for a timeshare project have been attained, the purchaser’s period to cancel for a refund has expired and the related receivable is deemed to be collectible. We defer revenue recognition for sales that do not meet these criteria. During periods of construction, revenue from timeshare sales is recognized under the percentage-of-completion method. In this case, sales revenue is recognized on a straight-line basis over the term of the lease. Additionally, we receive sales commissions from certain third-party developers that we assist in selling their timeshare inventory. We recognize revenue from commissions on these sales as intervals are sold and we fulfill the service requirements under the respective sales agreements with the developers. Revenue from the financing of timeshare sales is recognized on the accrual method as earned based on the outstanding principal, interest rate and terms stated in each individual financing agreement. We record an estimate of uncollectible accounts as a reduction of sales revenue at the time revenue is recognized on a timeshare interval sale. See the "Financing Receivables" section below for further discussion of the policies applicable to our timeshare financing receivables. We also generate revenues from club enrollment and other fees, rentals of timeshare units, food and beverage sales and other ancillary services at our timeshare properties that are recognized when units are rented or goods and services are delivered or rendered. • Other revenues from managed and franchised properties represent payroll and related costs, certain other operating costs of the managed and franchised properties’ operations, marketing expenses and other expenses associated with our brands and shared services that are contractually reimbursed to us by the property owners or paid from fees collected in advance from these properties when the costs are incurred. The corresponding expenses are presented as other expenses from managed and franchised properties in our consolidated statements of operations, resulting in no effect on operating income (loss) or net income (loss). We are required to collect certain taxes and fees from customers on behalf of government agencies and remit these back to the applicable governmental agencies on a periodic basis. We have a legal obligation to act as a collection agent. We do not retain these taxes and fees and, therefore, they are not included in revenues. We record a liability when the amounts are collected and relieve the liability when payments are made to the applicable taxing authority or other appropriate governmental agency. Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with original maturities, when purchased, of three months or less. Restricted Cash and Cash Equivalents Restricted cash and cash equivalents include cash balances established as security for certain guarantees, lender reserves, ground rent and property tax escrows, insurance, deposits for assets we plan to acquire and advance deposits received on timeshare sales that are held in escrow until the contract is closed. Allowance for Doubtful Accounts An allowance for doubtful accounts is provided on accounts receivable when losses are probable based on historical collection activity and current business conditions. Inventories Inventories include unsold, completed timeshare intervals, timeshare intervals under construction and land and infrastructure held for future timeshare interval development at our timeshare properties (collectively, timeshare inventory), as well as hotel inventories consisting of operating supplies that have a period of consumption of one year or less, guest room items and food and beverage items. Timeshare inventory is carried at the lower of cost or estimated fair value less costs to sell, based on the relative sales value. Capital expenditures associated with our timeshare intervals are reflected as inventory until the timeshare intervals are sold. Consistent with industry practice, timeshare inventory is classified as a current asset despite an operating cycle that exceeds 12 months. The majority of sales and marketing costs incurred to sell timeshare intervals are expensed when incurred. Certain direct and incremental selling and marketing costs are deferred on a contract until revenue from the interval sale has been recognized. In accordance with the accounting standards for costs and the initial rental operations of real estate projects, we use the relative sales value method of costing our timeshare sales and relieving inventory. In addition, we continually assess our timeshare inventory and, if necessary, impose pricing adjustments to modify sales pace. It is possible that any future changes in our development and sales strategies could have a material effect on the carrying value of our timeshare inventory and purchase commitments for timeshare inventory. We monitor our projects and inventory on an ongoing basis and complete an evaluation each reporting period to ensure that the inventory and purchase commitments for inventory are at the lower of cost or market. Hotel inventories are generally valued at the lower of cost (using "first-in, first-out", or FIFO) or net realizable value. Property and Equipment Property and equipment are recorded at cost, and interest applicable to major construction or development projects is capitalized. Costs of improvements that extend the economic life or improve service potential are also capitalized. Capitalized costs are depreciated over their estimated useful lives. Costs for normal repairs and maintenance are expensed as incurred. Depreciation is recorded using the straight-line method over the assets’ estimated useful lives, which are generally as follows: buildings and improvements ( 8 to 40 years), furniture and equipment ( 3 to 8 years) and computer equipment ( 3 to 5 years). Leasehold improvements are depreciated over the shorter of the estimated useful life, based on the estimates above, or the lease term. We evaluate the carrying value of our property and equipment if there are indicators of potential impairment. We perform an analysis to determine the recoverability of the asset’s carrying value by comparing the expected undiscounted future cash flows to the net book value of the asset. If it is determined that the expected undiscounted future cash flows are less than the net book value of the asset, the excess of the net book value over the estimated fair value is recorded in our consolidated statements of operations within impairment losses. Fair value is generally estimated using valuation techniques that consider the discounted cash flows of the asset using discount and capitalization rates deemed reasonable for the type of asset, as well as prevailing market conditions, appraisals, recent similar transactions in the market and, if appropriate and available, current estimated net sales proceeds from pending offers. If sufficient information exists to reasonably estimate the fair value of a conditional asset retirement obligation, including environmental remediation liabilities, we recognize the fair value of the obligation when the obligation is incurred, which is generally upon acquisition, construction or development and/or through the normal operation of the asset. Business Combinations We consider a business combination to occur when the Company takes control of a business by acquiring its net assets or equity interests. We record the assets acquired, liabilities assumed and noncontrolling interests at fair value as of the acquisition date, including any contingent consideration. We evaluate several factors, including market data for similar assets, expected future cash flows discounted at risk-adjusted rates and replacement cost for the assets to determine an appropriate fair value of the assets. Acquisition-related costs, such as due diligence, legal and accounting fees, are expensed in the period incurred and are not capitalized or applied in determining the fair value of the acquired assets. Financing Receivables We define financing receivables as financing arrangements that represent a contractual right to receive money either on demand or on fixed or determinable dates, which are recognized as an asset in our consolidated balance sheets. We record all financing receivables at amortized cost in current and long-term financing receivables. We recognize interest income as earned and provide an allowance for cancellations and defaults. We have divided our financing receivables into two portfolio segments based on the level of aggregation at which we develop and document a systematic methodology to determine the allowance for loan losses. Based on their initial measurement, risk characteristics and our method for monitoring and assessing credit risk, we have determined the classes of financing receivables to correspond to our identified portfolio segments as follows: • Timeshare financing receivables comprise loans related to our financing of timeshare interval sales and secured by the underlying timeshare properties. We determine our timeshare financing receivables to be past due based on the contractual terms of the individual mortgage loans. We recognize interest income on our timeshare financing receivables as earned. The interest rate charged on the notes correlates to the risk profile of the borrower at the time of purchase and the percentage of the purchase that is financed, among other factors. We monitor the credit quality of our receivables on an ongoing basis. We evaluate this portfolio collectively for uncollectibility, since we hold a large group of homogeneous timeshare financing receivables, which are individually immaterial. There are no significant concentrations of credit risk with any individual counterparty or groups of counterparties. We use a technique referred to as static pool analysis as the basis for determining our general reserve requirements on our timeshare financing receivables. The adequacy of the related allowance for loan loss is determined by management through analysis of several factors, such as current economic conditions and industry trends, as well as the specific risk characteristics of the portfolio including assumed default rates, aging and historical write-offs of these receivables. The allowance for loan loss is maintained at a level deemed adequate by management based on a periodic analysis of the mortgage portfolio. Once a note is 90 days past due or is determined to be uncollectible prior to 90 days past due, we cease accruing interest and reverse the accrued interest recognized up to that point. We apply payments we receive for loans, including those in non-accrual status, to amounts due in the following order: servicing fees, late charges, interest and principal. We resume interest accrual for loans for which we had previously ceased accruing interest once the loan is less than 90 days past due. We fully reserve for a timeshare financing receivable in the month following the date that the loan is 120 days past due and, subsequently, we write off the uncollectible note against the reserve once the foreclosure process is complete and we receive the deed for the foreclosed unit. • Other financing receivables primarily comprise individual loans and other types of unsecured financing arrangements provided to hotel owners. We individually assess all financing receivables in this portfolio for collectibility and impairment. We measure loan impairment based on the present value of expected future cash flows discounted at the loan’s effective interest rate. For impaired loans, we establish a specific impairment reserve for the difference between the recorded investment in the loan and the present value of the expected future cash flows. We do not recognize interest income on unsecured financing to hotel owners for notes that are greater than 90 days past due and only resume interest recognition if the financing receivable becomes current. We fully reserve unsecured financing to hotel owners when we determine that the receivables are uncollectible and when all commercially reasonable means of recovering the receivable balances have been exhausted. Investments in Affiliates We hold investments in affiliates that primarily own or lease hotels under one of our distinct hotel brands. If we do not have a controlling financial interest in the entity, we account for the investment using the equity or cost method. We account for investments using the equity method when we have the ability to exercise significant influence over the entity, typically through a more than minimal investment. Investments in affiliates where we own less than a minimal investment and are not able to exercise significant influence are accounted for under the cost method. Our proportionate share of earnings (losses) from our equity method investments is presented as equity in earnings (losses) from unconsolidated affiliates in our consolidated statements of operations. Distributions from investments in unconsolidated entities are presented as an operating activity in our consolidated statements of cash flows when such distributions are a return on investment. Distributions from unconsolidated affiliates are recorded as an investing activity in our consolidated statements of cash flows when such distributions are a return of investment. We assess the recoverability of our equity method and cost method investments if there are indicators of potential impairment. If an identified event or change in circumstances requires an evaluation to determine if an investment may have an other-than-temporary impairment, we assess the fair value of the investment based on accepted valuation methodologies, which include discounted cash flows, estimates of sales proceeds and external appraisals. If an investment’s fair value is below its carrying value and the decline is considered to be other-than-temporary, we will recognize an impairment loss in equity in earnings (losses) from unconsolidated affiliates for equity method investments or impairment losses for cost method investments in our consolidated statements of operations. In connection with the October 24, 2007 transaction whereby we became a wholly owned subsidiary of an affiliate of Blackstone (the "Merger"), we recorded our equity method investments at their estimated fair value, which resulted in an increase to our historical basis in those entities, primarily as a result of an increase in the fair value of the real estate assets of the investee entities. The basis difference is being amortized as a component of equity in earnings (losses) from unconsolidated affiliates over a period of approximately 40 years. Goodwill Goodwill represents the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. We do not amortize goodwill, but rather evaluate goodwill for potential impairment on an annual basis or at other times during the year if events or circumstances indicate that it is more likely than not that the fair value of a reporting unit is below the carrying amount. As part of the Merger, we recorded goodwill representing the excess purchase price over the fair value of the other identified assets and liabilities. We evaluate goodwill for potential impairment by comparing the carrying value of our reporting units to their fair value. Our reporting units are the same as our operating segments as described in Note 23 : " Business Segments ." We perform this evaluation annually or at an interim date if indicators of impairment exist. In any year we may elect to perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is in excess of its carrying value. If we cannot determine qualitatively that the fair value is in excess of the carrying value, or we decide to bypass the qualitative assessment, we proceed to the two-step quantitative process. In the first step, we determine the fair value of each of our reporting units. The valuation is based on internal projections of expected future cash flows and operating plans, as well as market conditions relative to the operations of our reporting units. If the estimated fair value of the reporting unit exceeds its carrying amount, goodwill of the reporting unit is not impaired and the second step of the impairment test is not necessary. However, if the carrying amount of a reporting unit exceeds its estimated fair value, then the second step must be performed. In the second step, we estimate the implied fair value of goodwill, which is determined by taking the fair value of the reporting unit and allocating it to all of its assets and liabilities (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, the excess is recognized within impairment losses in our consolidated statements of operations. Brands We own, operate and franchise hotels under our portfolio of brands. There are no legal, regulatory, contractual, competitive, economic or other factors that limit the useful lives of these brands and, accordingly, the useful lives of these brands are considered to be indefinite. Our hotel brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton. In addition, we also develop and operate timeshare properties under our Hilton Grand Vacations brand. At the time of the Merger, our brands were assigned a fair value based on a common valuation technique known as the relief from royalty approach. Canopy by Hilton, Curio - A Collection by Hilton, Tru by Hilton and Home2 Suites by Hilton were launched post-Merger and, as such, they were not assigned fair values. We evaluate our brands for impairment on an annual basis or at other times during the year if events or circumstances indicate that it is more likely than not that the fair value of the brand is below the carrying value. If we cannot determine qualitatively that the fair value is in excess of the carrying value, or we decide to bypass the qualitative assessment, we proceed to the two-step quantitative process. If a brand’s estimated current fair value is less than its respective carrying value, the excess of the carrying value over the estimated fair value is recognized in our consolidated statements of operations within impairment losses. Intangible Assets with Finite Useful Lives We have certain finite lived intangible assets that were initially recorded at their fair value at the time of the Merger. These intangible assets consist of management agreements, franchise contracts, leases, certain proprietary technologies and our guest loyalty program, Hilton Honors. Additionally, we capitalize direct and incremental management and franchise contract acquisition costs as finite-lived intangible assets. Intangible assets with finite useful lives are amortized using the straight-line method over their respective estimated useful lives. We capitalize costs incurred to develop internal-use computer software and costs to acquire software licenses. Internal and external costs incurred in connection with development of upgrades or enhancements that result in additional functionality are also capitalized. These capitalized costs are amortized on a straight-line basis over the estimated useful life of the software. These capitalized costs are recorded in other intangible assets in our consolidated balance sheets. We review all finite lived intangible assets for impairment when circumstances indicate that their carrying amounts may not be recoverable. If the carrying value of an asset group is not recoverable, we recognize an impairment loss for the excess of carrying value over the fair value in our consolidated statements of operations. Hilton Honors Hilton Honors is a guest loyalty program provided to hotels and timeshare properties. Nearly all of our owned, leased, managed and franchised hotels and timeshare properties participate in the Hilton Honors program. Hilton Honors members earn points based on their spending at our participating hotels and timeshare properties and through participation in affiliated partner programs. When points are earned by Hilton Honors members, the property or affiliated partner pays Hilton Honors based on an estimated cost per point for the costs of operating the program, which include marketing, promotion, communication, administration and the estimated cost of award redemptions. Hilton Honors member points are accumulated and may be redeemed for the right to stay at participating properties, as well as for other goods and services from third parties, including, but not limited to, airlines, car rentals, cruises, vacation packages, shopping and dining. We provide Hilton Honors as a marketing program to participating hotels and timeshare properties, with the objective of operating the program on a break-even basis to us. Hilton Honors records a liability related to revenue received from participating hotels and program partners in an amount equal to the estimated cost per point of the future redemption obligation. We engage outside actuaries to assist in determining the fair value of the future award redemption obligation using statistical formulas that project future point redemptions based on factors that include historical experience, an estimate of "breakage" (points that will never be redeemed), an estimate of the points that will eventually be redeemed and the cost of reimbursing hotels and other third parties in respect to other redemption opportunities available to members. Revenue is recognized by participating hotels and resorts only when points that have been redeemed for hotel stay certificates are used by members or their designees at the respective properties. Additionally, when members of the Hilton Honors loyalty program redeem award certificates at our owned and leased hotels, we recognize room revenue, included in owned and leased hotels revenues in our consolidated statements of operations. Fair Value Measurements - Valuation Hierarchy Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date (an exit price). We use the three-level valuation hierarchy for classification of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing an asset or liability. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources. Unobservable inputs are inputs that reflect our own assumptions about the data market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized below: • Level 1 - Valuation is based upon quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2 - Valuation is based upon quoted prices for similar assets and liabilities in active markets, or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the instrument. • Level 3 - Valuation is based upon other unobservable inputs that are significant to the fair value measurement. The classification of assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement in its entirety. Proper classification of fair value measurements within the valuation hierarchy is considered each reporting period. The use of different market assumptions or estimation methods may have a material effect on the estimated fair value amounts. Derivative Instruments We use derivative instruments as part of our overall strategy to manage our exposure to market risks associated with fluctuations in interest rates and foreign currency exchange rates. We regularly monitor the financial stability and credit standing of the counterparties to our derivative instruments. Under the terms of certain loan agreements, we are required to maintain derivative financial instruments to manage interest rates. We do not enter into derivative financial instruments for trading or speculative purposes. We record all derivatives at fair value. On the date the derivative contract is entered, we may designate the derivative as one of the following: a hedge of a forecasted transaction or the variability of cash flows to be paid ("cash flow hedge"), a hedge of the fair value of a recognized asset or liability ("fair value hedge") or a hedge of our foreign currency exposure ("net investment hedge"). Changes in the fair value of a derivative that is qualified, designated and highly effective as a cash flow hedge or net investment hedge are recorded in other comprehensive income (loss) in the consolidated statements of comprehensive income (loss) until they are reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Changes in the fair value of a derivative that is qualified, designated and highly effective as a fair value hedge, along with the gain or loss on the hedged asset or liability that is attributable to the hedged risk, are recorded in current period earnings. If we do not specifically designate a derivative as one of the above, changes in the fair value of undesignated derivative instruments are reported in current period earnings. Likewise, the ineffective portion of designated derivative instruments are reported in current period earnings. Cash flows from designated derivative financial instruments are classified within the same category as the item being hedged in the consolidated statements of cash flows. Cash flows from undesignated derivative financial instruments are included as an investing activity in our consolidated statements of cash flows. If we determine that we qualify for and will designate a derivative as a hedging instrument, at the designation date we formally document all relationships between hedging activities, including the risk management objective and strategy for undertaking various hedge transactions. This process includes matching all derivatives that are designated as cash flow hedges to specific forecasted transactions, linking all derivatives designated as fair value hedges to specific assets and liabilities in our consolidated balance sheets and determining the foreign currency exposure of the net investment of the foreign operation for a net investment hedge. On a quarterly basis, we assess the effectiveness of our designated hedges in offsetting the variability in the cash flows or fair values of the hedged assets or obligations using the Hypothetical Derivative Method. This method compares the cumulati

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2016
Acquisitions Disclosure [Abstract]
Acquisitions	Acquisitions Tax Deferred Exchange During the year ended December 31, 2015 , we used proceeds from the sale of the Waldorf Astoria New York to acquire, as part of a tax deferred exchange of real property, the following properties from sellers affiliated with Blackstone and an unrelated third party, for a total purchase price of $1.87 billion : • the resort complex consisting of the Waldorf Astoria Orlando and the Hilton Orlando Bonnet Creek in Orlando, Florida (the "Bonnet Creek Resort"); • the Casa Marina Resort in Key West, Florida; • the Reach Resort in Key West, Florida; • the Parc 55 in San Francisco, California; and • the Juniper Hotel Cupertino in Cupertino, California. We incurred transaction costs of $26 million recognized in other gain (loss), net in our consolidated statement of operations for the year ended December 31, 2015 . The results of operations from these properties included in the consolidated statement of operations for the year ended December 31, 2015 were as follows: (in millions) Total revenues $ 316 Income before income taxes 58 Equity Investments Exchange During the year ended December 31, 2014 , we entered into an agreement to exchange our ownership interest in six hotels for the remaining interest in five other hotels that were part of an equity investment portfolio we owned with one other partner. As a result of this exchange, we have a 100 percent ownership interest in five hotels and no longer have any ownership interest in the remaining six hotels. This transaction was accounted for as a business combination achieved in stages, resulting in a remeasurement gain based upon the fair values of the equity investments. The carrying values of these equity investments immediately before the exchange totaled $59 million and the fair values of these equity investments immediately before the exchange totaled $83 million , resulting in a pre-tax gain of $23 million , net of transaction costs, recognized in other gain (loss), net in our consolidated statement of operations for the year ended December 31, 2014 .

Disposals

Disposals	12 Months Ended
	Dec. 31, 2016
Disposals [Abstract]
Disposals	Disposals Hilton Sydney In July 2015, we completed the sale of the Hilton Sydney for a purchase price of 442 million Australian dollars (equivalent to $340 million as of the closing date). As a result of the sale, we recognized a pre-tax gain of $163 million included in gain on sales of assets, net in our consolidated statement of operations for the year ended December 31, 2015. The pre-tax gain was net of transaction costs, a goodwill reduction of $36 million and a reclassification of a currency translation adjustment of $25 million from accumulated other comprehensive loss into earnings concurrent with the disposition. The goodwill reduction was due to our consideration of the Hilton Sydney property as a business within our ownership segment; therefore, we reduced the carrying amount of our goodwill by the amount representing the fair value of the business disposed relative to the fair value of the portion of our ownership reporting unit goodwill that was retained. Waldorf Astoria New York In February 2015, we completed the sale of the Waldorf Astoria New York for a purchase price of $1.95 billion and we repaid in full the existing mortgage loan secured by our Waldorf Astoria New York property (the "Waldorf Astoria Loan") of approximately $525 million . As a result of the sale, we recognized a gain of $143 million included in gain on sales of assets, net in our consolidated statement of operations for the year ended December 31, 2015. The gain was net of transaction costs and a goodwill reduction of $185 million . The goodwill reduction was due to our consideration of the Waldorf Astoria New York property as a business within our ownership segment; therefore, we reduced the carrying amount of our goodwill by the amount representing the fair value of the business disposed relative to the fair value of the portion of our ownership reporting unit goodwill that was retained. Additionally, we recognized a loss of $6 million in other gain (loss), net in our consolidated statement of operations for the year ended December 31, 2015 related to the reduction of the Waldorf Astoria Loan's remaining carrying amount of debt issuance costs. Sale of Other Property and Equipment During the year ended December 31, 2014, we completed the sale of two hotels and a vacant parcel of land for approximately $15 million . As a result of these sales, we recognized a pre-tax gain of $13 million , including the reclassification of a currency translation adjustment of $3 million , from accumulated other comprehensive loss concurrent with the disposition. The gain was included in other gain (loss), net in our consolidated statement of operations for the year ended December 31, 2014. Additionally, during the year ended December 31, 2014, we completed the sale of certain land and easement rights to an affiliate of Blackstone in connection with a timeshare project. As a result, the affiliate of Blackstone acquired the rights to the name, plans, designs, contracts and other documents related to the timeshare project. The total consideration received for this transaction was approximately $37 million . We recognized $13 million , net of tax, as a capital contribution within additional paid-in capital, representing the excess of the fair value of the consideration received over the carrying value of the assets sold.

Inventories

Inventories	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories were as follows: December 31, 2016 2015 (in millions) Timeshare $ 517 $ 420 Hotel 24 22 $ 541 $ 442

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment Property and equipment were as follows: December 31, 2016 2015 (in millions) Land $ 3,396 $ 3,486 Buildings and leasehold improvements 6,423 6,410 Furniture and equipment 1,295 1,263 Construction-in-progress 105 80 11,219 11,239 Accumulated depreciation (2,289 ) (2,120 ) $ 8,930 $ 9,119 Depreciation expense of property and equipment, including assets recorded for capital lease assets, was $358 million , $351 million and $313 million during the years ended December 31, 2016 , 2015 and 2014 , respectively. As of December 31, 2016 and 2015 , property and equipment included approximately $142 million and $144 million , respectively, of capital lease assets primarily consisting of buildings and leasehold improvements, net of $82 million and $71 million , respectively, of accumulated depreciation.

Financing Receivables

Financing Receivables	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Financing Receivables	Financing Receivables Financing receivables were as follows: December 31, 2016 Securitized Timeshare Unsecuritized Timeshare (1) Other Total (in millions) Financing receivables $ 204 $ 795 $ 68 $ 1,067 Less: allowance for loan loss (7 ) (97 ) — (104 ) 197 698 68 963 Current portion of financing receivables 49 103 2 154 Less: allowance for loan loss (2 ) (14 ) — (16 ) 47 89 2 138 Total financing receivables $ 244 $ 787 $ 70 $ 1,101 December 31, 2015 Securitized Timeshare Unsecuritized Timeshare (1) Other Total (in millions) Financing receivables $ 309 $ 632 $ 39 $ 980 Less: allowance for loan loss (14 ) (79 ) — (93 ) 295 553 39 887 Current portion of financing receivables 58 83 1 142 Less: allowance for loan loss (3 ) (10 ) — (13 ) 55 73 1 129 Total financing receivables $ 350 $ 626 $ 40 $ 1,016 ____________ (1) Included in this balance, we had $509 million and $163 million of gross timeshare financing receivables securing our revolving non-recourse timeshare financing receivables credit facility (the "Timeshare Facility"), as of December 31, 2016 and 2015 , respectively. Timeshare Financing Receivables As of December 31, 2016 , our timeshare financing receivables had interest rates ranging from 5.25 percent to 20.50 percent , a weighted average interest rate of 11.98 percent , a weighted average remaining term of 7.8 years and maturities through 2028 . Our timeshare financing receivables as of December 31, 2016 mature as follows: Securitized Timeshare Unsecuritized Timeshare Year (in millions) 2017 $ 49 $ 103 2018 48 84 2019 45 89 2020 41 93 2021 33 96 Thereafter 37 433 253 898 Less: allowance for loan loss (9 ) (111 ) $ 244 $ 787 As of December 31, 2016 and 2015 , we had ceased accruing interest on timeshare financing receivables with an aggregate principal balance o f $38 million and $32 million , respectively. The following table details an aged analysis of our gross timeshare financing receivables balance: December 31, 2016 2015 (in millions) Current $ 1,099 $ 1,035 30 - 89 days past due 14 15 90 - 119 days past due 6 4 120 days and greater past due 32 28 $ 1,151 $ 1,082 The changes in our allowance for loan loss were as follows: (in millions) Balance as of December 31, 2013 $ 92 Write-offs (30 ) Provision for loan loss 34 Balance as of December 31, 2014 96 Write-offs (29 ) Provision for loan loss 39 Balance as of December 31, 2015 106 Write-offs (35 ) Provision for loan loss 49 Balance as of December 31, 2016 $ 120

Investments in Affiliates

Investments in Affiliates	12 Months Ended
	Dec. 31, 2016
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Investments in Affiliates	Investments in Affiliates Investments in affiliates were as follows: December 31, 2016 2015 (in millions) Equity investments $ 105 $ 129 Other investments 9 9 $ 114 $ 138 We maintain investments in affiliates accounted for under the equity method, which are primarily investments in entities that owned or leased 15 and 16 hotels as of December 31, 2016 and 2015 , respectively. These entities had total debt of approximately $956 million and $959 million as of December 31, 2016 and 2015 , respectively. Substantially all of the debt is secured solely by the affiliates' assets or is guaranteed by other partners without recourse to us.

Consolidated Variable Interest

Consolidated Variable Interest Entities	12 Months Ended
	Dec. 31, 2016
Variable Interest Entity, Primary Beneficiary, Does Not Hold Majority Voting Interest, Disclosures [Abstract]
Consolidated Variable Interest Entities	Consolidated Variable Interest Entities As of December 31, 2016 , we consolidated eight VIEs: five that own or lease hotel properties; two that issued debt in connection with our timeshare financing receivables securitization transactions (collectively, the "Securitized Timeshare Debt"); and one management company. As of December 31, 2015 , prior to the adoption of ASU 2015-02, we consolidated three VIEs that owned or leased hotel properties and two that issued our Securitized Timeshare Debt. Of the three additional entities considered to be VIEs following the adoption of ASU 2015-02, two were previously consolidated by us and one was an unconsolidated investment in affiliate. We are the primary beneficiaries of these VIEs as we have the power to direct the activities that most significantly affect their economic performance. Additionally, we have the obligation to absorb their losses and the right to receive benefits that could be significant to them. The assets of our VIEs are only available to settle the obligations of the respective entities. Our consolidated balance sheets included the assets and liabilities of these entities, which primarily comprised the following: December 31, 2016 2015 (in millions) Cash and cash equivalents $ 64 $ 46 Restricted cash and cash equivalents 30 15 Accounts receivable, net 19 19 Property and equipment, net 260 72 Financing receivables, net 244 350 Deferred income tax assets 58 62 Other non-current assets 53 52 Accounts payable, accrued expenses and other 40 35 Long-term debt 418 219 Timeshare debt 244 353 Deferred income tax liabilities 53 1 During the years ended December 31, 2016 , 2015 and 2014 , we did not provide any financial or other support to any VIEs that we were not previously contractually required to provide, nor do we intend to provide such support in the future. In December 2016, a VIE that we consolidated as a result of the adoption of ASU 2015-02 sold the hotel asset that it owned. As a result of the sale, we deconsolidated the VIE as we no longer had the power to direct the activities that most significantly affected its performance. Our retained interest in the entity was included in investments in affiliates in our consolidated balance sheet as of December 31, 2016. In June 2015, one of our consolidated VIEs modified the terms of its capital lease, resulting in a reduction in long-term debt of $24 million . Since the capital lease asset had previously been fully impaired, this amount was recognized as a gain in other gain (loss), net in our consolidated statement of operations during the year ended December 31, 2015 .

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets Disclosure	Goodwill and Intangible Assets Goodwill Our goodwill balances, by reporting unit, were as follows: Ownership Management and Franchise Total (in millions) Goodwill $ 4,552 $ 5,129 $ 9,681 Accumulated impairment losses (3,527 ) — (3,527 ) Balance as of December 31, 2014 1,025 5,129 6,154 Dispositions of business (1) (221 ) — (221 ) Foreign currency translation (4 ) (42 ) (46 ) Goodwill 3,575 5,087 8,662 Accumulated impairment losses (2,775 ) — (2,775 ) Balance as of December 31, 2015 800 5,087 5,887 Foreign currency translation (12 ) (53 ) (65 ) Goodwill 3,563 5,034 8,597 Accumulated impairment losses (2,775 ) — (2,775 ) Balance as of December 31, 2016 $ 788 $ 5,034 $ 5,822 ____________ (1) In connection with the sales of the Waldorf Astoria New York and the Hilton Sydney, goodwill was reduced by $973 million and accumulated impairment losses was reduced by $752 million . Intangible Assets Intangible assets were as follows: December 31, 2016 Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in millions) Amortizing Intangible Assets: Management and franchise agreements $ 2,653 $ (1,634 ) $ 1,019 Leases 348 (158 ) 190 Capitalized software 555 (391 ) 164 Hilton Honors 335 (192 ) 143 Other 42 (32 ) 10 $ 3,933 $ (2,407 ) $ 1,526 Non-amortizing Intangible Assets: Brands $ 4,848 $ — $ 4,848 December 31, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in millions) Amortizing Intangible Assets: Management and franchise agreements $ 2,616 $ (1,467 ) $ 1,149 Leases 390 (156 ) 234 Capitalized software 468 (293 ) 175 Hilton Honors 341 (174 ) 167 Other 38 (28 ) 10 $ 3,853 $ (2,118 ) $ 1,735 Non-amortizing Intangible Assets: Brands $ 4,919 $ — $ 4,919 We recorded amortization expe nse of $328 million , $341 million and $315 million for the years ended December 31, 2016 , 2015 and 2014 , respectively, including $95 million , $94 million and $79 million , respectively, of amortization expense on capitalized software. Changes to our brands intangible asset during the years ended December 31, 2016 and 2015 were due to foreign currency translations. We estimate our future amortization expense for our amortizing intangible assets to be as follows: Year (in millions) 2017 $ 302 2018 282 2019 259 2020 208 2021 81 Thereafter 394 $ 1,526

Accounts Payable, Accrued Expen

Accounts Payable, Accrued Expenses and Other	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accounts Payable, Accrued Expenses and Other	Accounts Payable, Accrued Expenses and Other Accounts payable, accrued expenses and other were as follows: December 31, 2016 2015 (in millions) Accrued employee compensation and benefits $ 584 $ 475 Accounts payable 381 331 Liability for guest loyalty program, current 543 494 Deposit liabilities 218 212 Deferred revenues, current 65 65 Insurance reserves, current 99 90 Other accrued expenses 563 539 $ 2,453 $ 2,206 Deferred revenues and deposit liabilities are related to our timeshare business and hotel operations. Other accrued expenses consist of taxes, rent, interest and various other accrued balances.

Debt

Debt	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt	Debt Long-term Debt Long-term debt balances, including obligations for capital leases, and associated interest rates as of December 31, 2016 , as well as issuances and repayments related to financing transactions that occurred during the year ended December 31, 2016 were as follows: December 31, 2016 December 31, 2015 Interest Rate (1) Balance Issuances Repayments Balance (%) (in millions) Senior notes due 2021 5.625 $ 1,500 $ — $ — $ 1,500 Senior notes due 2024 (2) 4.25 1,000 1,000 — — Senior notes due 2024 (3) 6.125 300 300 — — Senior secured term loan facility due 2020 3.50 750 — (250 ) 1,000 Senior secured term loan facility due 2023 (4) 3.26 3,209 — (16 ) 3,225 Senior secured term loan facility due 2021 (3) 2.94 200 200 — — Senior unsecured term loan facility due 2021 (5) 2.22 750 750 — — Commercial mortgage-backed securities loan due 2018 N/A — — (3,418 ) 3,418 Commercial mortgage-backed securities loans due 2023 to 2026 (5) 4.17 2,000 2,000 — — Mortgage loan due 2018 N/A — — (450 ) 450 Mortgage loan due 2026 (5) 4.17 165 165 (104 ) 104 Other mortgage loans and other property debt due 2017 to 2022 (6) 2.95 63 62 Other unsecured notes due 2017 7.50 54 54 Capital lease obligations due 2018 to 2094 6.38 242 245 10,233 10,058 Less: unamortized deferred financing costs and discounts (115 ) (107 ) Less: current maturities of long-term debt (7) (98 ) (94 ) $ 10,020 $ 9,857 ____________ (1) Weighted average rate, where applicable. (2) Issued by Hilton. (3) Issued by HGV. (4) This term loan was amended during the year ended December 31, 2016, as discussed under "Senior Credit Facilities" below. (5) Issued by Park. (6) For mortgage loans with maturity date extensions that are solely at our option, we assumed they were exercised. (7) Net of unamortized deferred financing costs and discounts attributable to current maturities of long-term debt. Senior Notes In November 2016, HGV issued $300 million aggregate principal amount of 6.125% senior notes due 2024 (the "6.125% Senior Notes due 2024") and incurred $8 million of debt issuance costs. Interest on the 6.125% Senior Notes due 2024 is payable semi-annually in arrears on June 1 and December 1 of each year, beginning in June 2017. The 6.125% Senior Notes due 2024 are guaranteed on a senior unsecured basis by certain HGV subsidiaries. In August 2016, Hilton issued $1.0 billion aggregate principal amount of 4.25% senior notes due 2024 (the "4.25% Senior Notes due 2024") and incurred $20 million of debt issuance costs. Interest on the 4.25% Senior Notes due 2024 is payable semi-annually in arrears on March 1 and September 1 of each year, beginning in March 2017. The senior notes due 2021 (the "Senior Notes due 2021") and the 4.25% Senior Notes due 2024 are guaranteed on a senior unsecured basis by the same subsidiaries as the senior secured credit facility that we entered into in 2013 (the "2013 Senior Secured Credit Facility"). See below and Note 27 : " Condensed Consolidating Guarantor Financial Information " for additional details. Senior Credit Facilities Senior Secured Credit Facilities In December 2016, HGV entered into a senior secured credit facility (the "2016 Senior Secured Credit Facility"), consisting of a $200 million senior secured revolving credit facility (the "2016 Revolving Credit Facility") and a $200 million senior secured term loan facility (the "2016 Term Loan"), each with a five-year maturity. The 2016 Revolving Credit Facility allows for up to $30 million to be drawn in the form of letters of credit. As of December 31, 2016 , we had no letters of credit or borrowings outstanding under the 2016 Revolving Credit Facility. There is a minimum commitment fee of 0.30 percent per annum under the 2016 Revolving Credit Facility in respect of the unused commitments thereunder. The 2016 Term Loan bears interest at a variable rate, which is payable quarterly. The obligations under the 2016 Senior Secured Credit Facility are unconditionally and irrevocably guaranteed by Hilton on an unsecured basis, through the date of the spin-offs, and certain HGV subsidiaries on a secured basis. The 2013 Senior Secured Credit Facility, which remained with Hilton following the spin-offs, consists of a $1.0 billion senior secured revolving credit facility (the "2013 Revolving Credit Facility") and a senior secured term loan facility (the "2013 Term Loans"). The obligations of the 2013 Senior Secured Credit Facility are unconditionally and irrevocably guaranteed by us and substantially all of our direct or indirect wholly owned domestic subsidiaries, excluding our subsidiaries that were designated for spin-off to Park and HGV. In November 2016, we amended the 2013 Revolving Credit Facility to extend the maturity to November 2021 and incurred $5 million of debt issuance costs. As of December 31, 2016 , we had $45 million of letters of credit outstanding under the 2013 Revolving Credit Facility and a borrowing capacity of $955 million . We are required to pay a commitment fee of 0.125 percent per annum under the 2013 Revolving Credit Facility in respect of the unused commitments thereunder. In August 2016, we amended the 2013 Term Loans pursuant to which $3,225 million of outstanding 2013 Term Loans were converted into a new tranche of 2013 Term Loans due October 2023 with interest of LIBOR plus 2.50 percent per annum. In connection with the modification of the 2013 Term Loans, we recognized an $8 million discount as a reduction to long-term debt in our consolidated balance sheet and $4 million of other debt issuance costs included in other gain (loss), net in our consolidated statement of operations. Senior Unsecured Credit Facility In December 2016, Park entered into a senior unsecured credit facility (the "Senior Unsecured Credit Facility"), consisting of a $1.0 billion senior unsecured revolving credit facility (the "Unsecured Revolving Credit Facility") with a four-year maturity and a $750 million senior unsecured term loan facility (the "Unsecured Term Loan") with a five-year maturity. Both components of the Senior Unsecured Credit Facility bear interest at a variable rate, which is payable monthly or at the end of any applicable LIBOR interest period, but not less frequently than once every three months. We incurred $7 million and $6 million of debt issuance costs in connection with the Unsecured Revolving Credit Facility and Unsecured Term Loan, respectively. The Unsecured Revolving Credit Facility allows for up to $50 million to be drawn in the form of letters of credit and up to $50 million for short-term swingline borrowings. There is a commitment fee under the Unsecured Revolving Credit Facility in respect of the unused commitments thereunder of 0.20 percent to 0.30 percent per annum, depending on the usage of the Unsecured Revolving Credit Facility. Borrowings under the Unsecured Revolving Credit Facility were not permitted until the consummation of the spin-offs and, therefore, there were no letters of credit or borrowings outstanding under the Unsecured Revolving Credit Facility as of December 31, 2016 . CMBS and Mortgage Loans In October 2016, we issued two new commercial mortgage-backed securities loans (the "2016 CMBS Loans") for Park, including a $725 million loan that bears interest at 4.11 percent per annum, matures in November 2023 and is secured by two of our U.S. owned real estate assets, and a $1,275 million loan that bears interest at 4.20 percent per annum, matures in November 2026 and is secured by one of our U.S. owned real estate assets. In connection with these issuances, we incurred $8 million of debt issuance costs. During the year ended December 31, 2016 , we repaid in full the commercial mortgage-backed securities loan entered into in 2013 (the "2013 CMBS Loan") and, as a result, all collateral securing it was released. In connection with the repayment, we wrote-off $19 million of debt issuance costs to other gain (loss), net in our consolidated statement of operations. In November 2016, we repaid a $104 million mortgage loan secured by one of our U.S. owned hotel properties and issued a new mortgage loan secured by this property (the "2016 Mortgage Loan") in the aggregate amount of $165 million . The 2016 Mortgage Loan bears interest at 4.17 percent per annum and has an initial term of 10 years, with one five-year extension at the lenders' option. Interest is payable monthly in arrears beginning in January 2017. As a result of an acquisition made during the year ended December 31, 2015 , we assumed a $450 million mortgage loan secured by the Bonnet Creek Resort (the "Bonnet Creek Loan"), which was repaid in full during the year ended December 31, 2016 . Our commercial mortgage backed-securities loans and certain of our mortgage loans require us to deposit with the lenders certain cash reserves for restricted uses. As of December 31, 2016 and 2015 , our consolidated balance sheets included $49 million of restricted cash and cash equivalents related to the loans outstanding as of each balance sheet date. Timeshare Debt Timeshare debt balances and associated interest rates as of December 31, 2016 were as follows: December 31, 2016 2015 (in millions) Timeshare Facility with a rate of 1.96%, due 2019 $ 450 $ 150 Securitized Timeshare Debt with an average rate of 1.97%, due 2026 246 356 696 506 Less: unamortized portion of deferred financing costs (2 ) (4 ) Less: current maturities of timeshare debt (73 ) (110 ) $ 621 $ 392 In August 2016, we amended the terms of the Timeshare Facility to, among other things, increase the borrowing capacity from $300 million to $450 million , allowing us to borrow up to the maximum amount until August 2018 and requiring all amounts borrowed to be repaid in August 2019. In December 2016, we borrowed $300 million under the Timeshare Facility. The Timeshare Facility is secured by certain of our timeshare financing receivables. See Note 7 : " Financing Receivables " for further information. The Securitized Timeshare Debt is backed by a pledge of assets, consisting primarily of a pool of timeshare financing receivables secured by first mortgages or deeds of trust on timeshare interests. The Securitized Timeshare Debt is a non-recourse obligation and is payable solely from the pool of timeshare financing receivables pledged as collateral to the debt and related assets. We are required to deposit payments received from customers on the pledged timeshare financing receivables and securitized timeshare financing receivables related to the Timeshare Facility and Securitized Timeshare Debt, respectively, into a depository account maintained by a third party. On a monthly basis, the depository account will be used to make any required principal, interest and other payments due with respect to the Timeshare Facility and Securitized Timeshare Debt. The balance in the depository account, totaling $22 million and $17 million as of December 31, 2016 and 2015 , respectively, was included in restricted cash and cash equivalents in our consolidated balance sheets. Debt Maturities The contractual maturities of our debt as of December 31, 2016 were as follows: Long-term Debt Timeshare Debt Year (in millions) 2017 $ 105 $ 74 2018 60 50 2019 57 486 2020 820 47 2021 2,460 39 Thereafter (1) 6,731 — $ 10,233 $ 696 ____________ (1) We assumed all extensions that are solely at our option for purposes of calculating maturity dates.

Deferred Revenues

Deferred Revenues	12 Months Ended
	Dec. 31, 2016
Deferred Revenue Disclosure [Abstract]
Deferred Revenues	Deferred Revenues Deferred revenues were as follows: December 31, 2016 2015 (in millions) Hilton Honors points sales (1) $ 29 $ 233 Other 35 50 $ 64 $ 283 ____________ (1) In 2013, we sold Hilton Honors points to issuers of Hilton Honors co-branded credit cards and recorded deferred revenue upon receipt of the cash. The deferred revenue balance is reduced and revenue is recognized as the issuers use the points for promotions, rewards and incentive programs and certain other activities.

Other Liabilities

Other Liabilities	12 Months Ended
	Dec. 31, 2016
Other Liabilities Disclosure [Abstract]
Other Liabilities Disclosure	Other Liabilities Other long-term liabilities were as follows: December 31, 2016 2015 (in millions) Program surplus $ 446 $ 420 Pension obligations 215 183 Other long-term tax liabilities 482 295 Deferred employee compensation and benefits 117 173 Insurance reserves 131 87 Other 118 124 $ 1,509 $ 1,282 Program surplus represents obligations to operate our marketing, sales and brand programs on behalf of our hotel owners. Guarantee liability is related to obligations under our outstanding performance guarantees. Our obligations related to the insurance claims are expected to be satisfied, on average, over the ne x t three years .

Derivative Instruments and Hedg

Derivative Instruments and Hedging Activities	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities During the years ended December 31, 2016 , 2015 and 2014 , derivatives were used to hedge the interest rate risk associated with variable-rate debt as required by certain loan agreements, as well as foreign exchange risk associated with certain foreign currency denominated cash balances. During the year ended December 31, 2016 , we dedesignated four interest rate swaps that were previously designated as cash flow hedges as they no longer met the criteria for hedge accounting. These interest rate swaps, which swapped three-month LIBOR on the 2013 Term Loans to a fixed rate of 1.87 percent , expire in October 2018 and, as of December 31, 2016 , had an aggregate notional amount of $1.45 billion . As of December 31, 2016 , we held 68 short-term foreign exchange forward contracts with an aggregate notional amount of $326 million to offset exposure to fluctuations in our foreign currency denominated cash balances. We elected not to designate these foreign exchange forwar d contracts as hedging instruments. Fair Value of Derivative Instruments The fair values of our derivative instruments in our consolidated balance sheets were as follows: December 31, Balance Sheet Classification 2016 2015 (in millions) Cash Flow Hedges: Interest rate swaps Other liabilities N/A $ 15 Non-designated Hedges: Interest rate swaps Other liabilities $ 12 N/A Forward contracts Other current assets 3 1 Forward contracts Accounts payable, accrued expenses and other 4 1 Earnings Effect of Derivative Instruments The amounts of gain (loss) recognized in our consolidated statements of operations and consolidated statements of comprehensive income before any effect for income taxes were as follows: Year Ended December 31, Classification of Gain (Loss) Recognized 2016 2015 2014 (in millions) Cash Flow Hedges: Interest rate swaps (1) Other comprehensive loss $ (7 ) $ (11 ) $ (14 ) Non-designated Hedges: Interest rate swaps Other gain (loss), net 4 N/A N/A Interest rate swaps (2) Interest expense 4 N/A N/A Forward contracts Gain (loss) on foreign currency transactions 7 11 1 ____________ (1) There were no amounts recognized in earnings related to hedge ineffectiveness or amounts excluded from hedge effectiveness testing during the years ended December 31, 2016 , 2015 and 2014 . (2) The amount recognized during the year ended December 31, 2016 is related to the dedesignation of these instruments as cash flow hedges and was reclassified from accumulated other comprehensive loss as the underlying transactions occurred.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements We did not elect the fair value measurement option for any of our financial assets or liabilities. The fair value of certain financial instruments and the hierarchy level we used to estimate fair values are shown below: December 31, 2016 Hierarchy Level Carrying Value Level 1 Level 2 Level 3 (in millions) Assets: Cash equivalents $ 958 $ — $ 958 $ — Restricted cash equivalents 11 — 11 — Timeshare financing receivables (1) 1,031 — — 1,153 Liabilities: Long-term debt (2)(3) 9,843 2,886 — 7,152 Timeshare debt (3) 694 — — 696 Interest rate swaps 12 — 12 — December 31, 2015 Hierarchy Level Carrying Value Level 1 Level 2 Level 3 (in millions) Assets: Cash equivalents $ 327 $ — $ 327 $ — Restricted cash equivalents 18 — 18 — Timeshare financing receivables (1) 976 — — 1,080 Liabilities: Long-term debt (2)(3) 9,673 1,619 — 8,267 Timeshare debt (3) 502 — — 506 Interest rate swaps 15 — 15 — ____________ (1) Carrying value includes allowance for loan loss. (2) Excludes capital lease obligations with a carrying value of $242 million and $245 million as of December 31, 2016 and December 31, 2015 , respectively, and debt of certain consolidated VIEs with a carrying value of $33 million and $32 million , respectively. (3) Carrying value includes unamortized deferred financing costs and discounts. The fair values of financial instruments not included in this table are estimated to be equal to their carrying values as of December 31, 2016 and December 31, 2015 . Our estimates of the fair values were determined using available market information and appropriate valuation methods. Considerable judgment is necessary to interpret market data and develop the estimated fair values. Cash equivalents and restricted cash equivalents primarily consisted of short-term interest-bearing money market funds with maturities of less than 90 days, time deposits and commercial paper. The estimated fair values were based on available market pricing information of similar financial instruments. The estimated fair values of our timeshare financing receivables were based on the expected future cash flows discounted at weighted-average interest rates of the current portfolio, which reflect the risk of the underlying notes, primarily determined by the creditworthiness of the borrowers. The estimated fair values of our Level 1 long-term debt were based on prices in active debt markets. The estimated fair values of our Level 3 long-term debt were based on: (i) indicative quotes received for similar issuances; (ii) the expected future cash flows discounted at risk-adjusted rates; or (iii) the carrying value, excluding unamortized deferred financing costs, where the interest rates approximated current market rates. The estimated fair values of our timeshare debt were based on the carrying values, excluding unamortized deferred financing costs, as the interest rates approximated current market rates. We measure our interest rate swaps at fair value, which were estimated using an income approach. The primary inputs into our fair value estimate include interest rates and yield curves based on observable market inputs of similar instruments.

Leases

Leases	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Leases	Leases We lease hotel properties, land, equipment and corporate office space under operating and capital leases. As of December 31, 2016 and 2015 , we leased 66 and 69 hotels, respectively, under operating leases, and five hotels under capital leases. As of December 31, 2016 and 2015 , two of these capital leases were liabilities of VIEs that we consolidated and were non-recourse to us. Our leases expire at various dates from 2017 through 2196 , with varying renewal options, and the majority expire before 2026 . Our operating leases may require minimum rent payments, contingent rent payments based on a percentage of revenue or income or rent payments equal to the greater of a minimum rent or contingent rent. In addition, we may be required to pay some, or all, of the capital costs for property and equipment in the hotel during the term of the lease. Amortization of assets recorded under capital leases is recorded in depreciation and amortization in our consolidated statements of operations and is recognized over the lease term. The future minimum rent payments under non-cancelable leases, due in each of the next five years and thereafter as of December 31, 2016 , were as follows: Operating Capital Non-Recourse Year (in millions) 2017 $ 210 $ 5 $ 14 2018 191 5 23 2019 177 6 23 2020 171 6 24 2021 161 6 24 Thereafter 1,081 105 174 Total minimum rent payments $ 1,991 133 282 Less: amount representing interest (82 ) (91 ) Present value of net minimum rent payments $ 51 $ 191 Rent expense for all operating leases was as follows: Year Ended December 31, 2016 2015 2014 (in millions) Minimum rentals $ 268 $ 290 $ 293 Contingent rentals 120 126 146 $ 388 $ 416 $ 439

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Our tax provision includes federal, state and foreign income taxes payable. The domestic and foreign components of income before income taxes were as follows: Year Ended December 31, 2016 2015 2014 (in millions) U.S. income before tax $ 1,582 $ 1,178 $ 937 Foreign income (loss) before tax (327 ) 318 210 Income before income taxes $ 1,255 $ 1,496 $ 1,147 The components of our provision (benefit) for income taxes were as follows: Year Ended December 31, 2016 2015 2014 (in millions) Current: Federal $ 787 $ 446 $ 323 State 107 45 28 Foreign 76 68 100 Total current 970 559 451 Deferred: Federal (123 ) (527 ) 8 State 74 (23 ) 10 Foreign (30 ) 71 (4 ) Total deferred (79 ) (479 ) 14 Total provision for income taxes $ 891 $ 80 $ 465 Reconciliations of our tax provision at the U.S. statutory rate to the provision (benefit) for income taxes were as follows: Year Ended December 31, 2016 2015 2014 (in millions) Statutory U.S. federal income tax provision $ 439 $ 524 $ 402 State income taxes, net of U.S. federal tax benefit 47 53 35 Foreign income tax expense 127 119 56 Foreign losses not subject to U.S. tax — — (7 ) Nontaxable liquidation of subsidiaries — (640 ) — U.S. benefit of foreign taxes (69 ) (118 ) (55 ) Corporate restructuring 513 — — Change in deferred tax asset valuation allowance (72 ) 15 14 Change in basis difference in foreign subsidiaries 20 8 10 Provision (benefit) for uncertain tax positions (139 ) 18 5 Non-deductible transaction costs 27 — — Non-deductible share-based compensation — 23 11 Non-deductible goodwill — 77 — Other, net (2 ) 1 (6 ) Provision for income taxes $ 891 $ 80 $ 465 During the year ended December 31, 2016, we effected two corporate structuring transactions that included (i) the organization of Hilton's assets and subsidiaries in preparation for the spin-offs, and (ii) a restructuring of Hilton's international assets and subsidiaries (the "international restructuring"). The international restructuring involved a transfer of certain assets, including intellectual property used in the international business, from U.S. subsidiaries to foreign subsidiaries, and became effective in December 2016. The transfer of the intellectual property resulted in the recognition of tax expense representing the estimated U.S. tax expected to be paid in future years on income generated from the intellectual property transferred to foreign jurisdictions. Further, our deferred effective tax rate is determined based upon the composition of applicable federal and state tax rates. Due to the changes in the footprint of the Company and the expected applicable tax rates at which our domestic deferred tax assets and liabilities will reverse in future periods as a result of the described structuring activities, our estimated deferred effective tax rate has increased. In total, these structuring transactions resulted in additional income tax expense of $513 million during the three months ended December 31, 2016. After the 2016 international restructuring, based on our consideration of all available positive and negative evidence, we determined that it was more likely than not we would be able to realize the benefit of various foreign deferred tax assets. Accordingly, as of December 31, 2016, we released valuation allowances of $32 million against our foreign deferred tax assets. During the year ended December 31, 2015, certain of our U.S. subsidiary corporations were converted to limited liability companies and certain of our subsidiary controlled foreign corporations elected to be disregarded for U.S. Federal income tax purposes. These transactions were treated as tax-free liquidations for federal tax purposes. As a result of these liquidation transactions, $512 million of deferred tax liabilities were derecognized. In addition, we recognized $128 million of previously unrecognized deferred tax assets associated with assets and liabilities distributed from the liquidated controlled foreign corporations, resulting in a total deferred tax benefit of $640 million . These previously unrecognized deferred tax assets were a component of our investment in foreign subsidiaries deferred tax balances that were connected to the liquidated controlled foreign corporations. Prior to these liquidations, we did not believe that the benefit of these deferred tax assets would be realized within the foreseeable future; therefore, we did not recognize these deferred tax assets. Deferred income taxes represent the tax effect of the differences between the book and tax bases of assets and liabilities plus carryforward items. The tax effects of the temporary differences and carryforwards that give rise to our net deferred tax asset (liability) were as follows: December 31, 2016 2015 (in millions) Deferred tax assets: Net operating loss carryforwards $ 410 $ 456 Compensation 228 254 Other reserves 72 88 Capital lease obligations 92 100 Insurance reserves 36 51 Program surplus 84 79 Other 83 108 Total gross deferred tax assets 1,005 1,136 Less: valuation allowance (507 ) (491 ) Deferred tax assets 498 645 Deferred tax liabilities: Property and equipment (2,377 ) (2,198 ) Brands (1,626 ) (1,889 ) Amortizable intangible assets (330 ) (520 ) Investments (64 ) (11 ) Investment in foreign subsidiaries (39 ) (35 ) Deferred income (520 ) (544 ) Deferred tax liabilities (4,956 ) (5,197 ) Net deferred taxes $ (4,458 ) $ (4,552 ) As of December 31, 2016, we had state and foreign net operating loss carryforwards of $192 million and $1.6 billion , respectively, which resulted in deferred tax assets of $10 million for state jurisdictions and $400 million for foreign jurisdictions. Approximately $17 million of our deferred tax assets as of December 31, 2016 related to net operating loss carryforwards that will expire between 2017 and 2036 with less than $1 million of that amount expiring in 2017. Approximately $393 million of our deferred tax assets as of December 31, 2016 resulted from net operating loss carryforwards that are not subject to expiration. We believe that it is more likely than not that the benefit from certain state and foreign net operating loss carryforwards will not be realized. In recognition of this assessment, we provided a valuation allowance of $385 million as of December 31, 2016 on the deferred tax assets relating to these state and foreign net operating loss carryforwards. Our total valuation allowance relating to these net operating loss carryforwards and other deferred tax assets increased $16 million during the year ended December 31, 2016. We classify reserves for tax uncertainties within current income taxes payable and other long-term liabilities in our consolidated balance sheets. Reconciliations of the beginning and ending amount of unrecognized tax benefits were as follows: Year Ended December 31, 2016 2015 2014 (in millions) Balance at beginning of year $ 407 $ 401 $ 435 Additions for tax positions related to the prior year 65 12 25 Additions for tax positions related to the current year 9 8 10 Reductions for tax positions for prior years (204 ) (4 ) (63 ) Settlements (21 ) (4 ) (1 ) Lapse of statute of limitations (3 ) (2 ) (2 ) Currency translation adjustment — (4 ) (3 ) Balance at end of year $ 253 $ 407 $ 401 The changes to our unrecognized tax benefits during the years ended December 31, 2016 and 2015 were primarily the result of items identified, resolved and settled as part of our ongoing U.S. federal audit. We recognize interest and penalties accrued related to uncertain tax positions in income tax expense. As of December 31, 2016 and 2015, we had accrued approximately $31 million and $27 million , respectively, for the payment of interest and penalties. We accrued approximately $4 million , $5 million and $8 million during the years ended December 31, 2016, 2015 and 2014, respectively. Included in the balance of uncertain tax positions as of December 31, 2016 and 2015 were $217 million and $377 million , respectively, associated with positions that if favorably resolved would provide a benefit to our effective tax rate. As a result of the expected resolution of examination issues with federal, state, and foreign tax authorities, we believe it is reasonably possible that during the next 12 months the amount of unrecognized tax benefits will decrease up to $8 million . We file income tax returns, including returns for our subsidiaries, with federal, state and foreign jurisdictions. We are under regular and recurring audit by the Internal Revenue Service ("IRS") on open tax positions. The timing of the resolution of tax audits is highly uncertain, as are the amounts, if any, that may ultimately be paid upon such resolution. Changes may result from the conclusion of ongoing audits, appeals or litigation in state, local, federal and foreign tax jurisdictions or from the resolution of various proceedings between the U.S. and foreign tax authorities. We are no longer subject to U.S. federal income tax examination for years through 2004. As of December 31, 2016, we remain subject to federal examinations from 2005-2015, state examinations from 2003-2015 and foreign examinations of our income tax returns for the years 1996 through 2015. In April 2014, we received 30-day Letters from the IRS and the Revenue Agents Report ("RAR") for the 2006 and October 2007 tax years. We disagreed with several of the proposed adjustments in the RAR, filed a formal appeals protest with the IRS and did not make any tax payments related to this audit. The issues being protested in appeals relate to assertions by the IRS that: (1) certain foreign currency-denominated intercompany loans from our foreign subsidiaries to certain U.S. subsidiaries should be recharacterized as equity for U.S. federal income tax purposes and constitute deemed dividends from such foreign subsidiaries to our U.S. subsidiaries; (2) in calculating the amount of U.S. taxable income resulting from our Hilton Honors guest loyalty program, we should not reduce gross income by the estimated costs of future redemptions, but rather such costs would be deductible at the time the points are redeemed; and (3) certain foreign-currency denominated loans issued by one of our Luxembourg subsidiaries whose functional currency is USD, should instead be treated as issued by one of our Belgian subsidiaries whose functional currency is the euro, and thus foreign currency gains and losses with respect to such loans should have been measured in euros, instead of USD. Additionally, in January 2016, we received a 30-day Letter from the IRS and the RAR for the December 2007 through 2010 tax years. The RAR includes the proposed adjustments for tax years December 2007 through 2010, which reflect the carryover effect of the three protested issues from 2006 through October 2007. These proposed adjustments will also be protested in appeals, and formal appeals protests have been submitted. In total, the proposed adjustments sought by the IRS would result in additional U.S. federal tax owed of approximately $874 million , excluding interest and penalties and potential state income taxes. The portion of this amount related to our Hilton Honors guest loyalty program would result in a decrease to our future tax liability when the points are redeemed. We disagree with the IRS's position on each of these assertions and intend to vigorously contest them. However, as a result of recent developments related to the appeals process discussion that have taken place in 2016, we have determined based on on-going discussions with the IRS, it is more likely than not that we will not recognize the full benefit related to certain of the issues being appealed. Accordingly, as of December 31, 2016, we have recorded a $44 million unrecognized tax benefit. State income tax returns are generally subject to examination for a period of three to five years after filing the respective return; however, the state effect of any federal tax return changes remains subject to examination by various states for a period generally of up to one year after formal notification to the states. The statute of limitations for the foreign jurisdictions generally ranges from three to ten years after filing the respective tax return.

Employee Benefit Plans

Employee Benefit Plans	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Employee Benefit Plans	Employee Benefit Plans We sponsor multiple domestic and international employee benefit plans. Benefits are based upon years of service and compensation. We have a noncontributory retirement plan in the U.S. (the "Domestic Plan"), which covers certain employees not earning union benefits. This plan was frozen for participant benefit accruals in 1996; therefore, the projected benefit obligation is equal to the accumulated benefit obligation. The plan assets will be used to pay benefits due to employees for service through December 31, 1996. As employees have not accrued additional benefits since that time, we do not utilize salary or pension inflation assumptions in calculating our benefit obligation for the Domestic Plan. The annual measurement date for the Domestic Plan is December 31. We also have multiple employee benefit plans that cover many of our international employees. These include (i) a plan that covers workers in the United Kingdom (the "U.K. Plan"), which was frozen to further service accruals on November 30, 2013; and (ii) a number of smaller plans that cover workers in various countries around the world (the "International Plans"). The annual measurement date for all of these plans is December 31. We are required to recognize the funded status of our pension plans, which is the difference between the fair value of plan assets and the projected benefit obligations, in our consolidated balance sheets and make corresponding adjustments for changes in the value through accumulated other comprehensive loss, net of tax. The following table presents the projected benefit obligation, the fair value of plan assets, the funded status and the accumulated benefit obligation for the Domestic Plan, the U.K. Plan and the International Plans: Domestic Plan U.K. Plan International Plans 2016 2015 2016 2015 2016 2015 (in millions) Change in Projected Benefit Obligation: Benefit obligation at beginning of year $ 394 $ 425 $ 391 $ 415 $ 82 $ 115 Service cost — — 2 1 2 2 Interest cost 13 16 12 15 2 2 Actuarial loss (gain) 1 (8 ) 87 (5 ) 2 (1 ) Settlements and curtailments (2 ) (14 ) — — (1 ) (4 ) Effect of foreign exchange rates — — (74 ) (19 ) (1 ) (4 ) Benefits paid (25 ) (25 ) (14 ) (16 ) (5 ) (28 ) Benefit obligation at end of year $ 381 $ 394 $ 404 $ 391 $ 81 $ 82 Change in Plan Assets: Fair value of plan assets at beginning of year $ 265 $ 283 $ 368 $ 390 $ 60 $ 85 Actual return on plan assets, net of expenses 11 (11 ) 42 (1 ) 1 — Employer contributions 18 32 5 13 3 8 Effect of foreign exchange rates — — (65 ) (18 ) — (1 ) Benefits paid (25 ) (25 ) (14 ) (16 ) (5 ) (28 ) Settlements (2 ) (14 ) — — (1 ) (4 ) Fair value of plan assets at end of year 267 265 336 368 58 60 Funded status at end of year (underfunded) (114 ) (129 ) (68 ) (23 ) (23 ) (22 ) Accumulated benefit obligation $ 381 $ 394 $ 404 $ 391 $ 81 $ 82 Amounts recognized in the consolidated balance sheets consisted of: Domestic Plan U.K. Plan International Plans 2016 2015 2016 2015 2016 2015 (in millions) Other non-current assets $ 4 $ 2 $ — $ — $ 6 $ 7 Other liabilities (118 ) (131 ) (68 ) (23 ) (29 ) (29 ) Net amount recognized $ (114 ) $ (129 ) $ (68 ) $ (23 ) $ (23 ) $ (22 ) Amounts recognized in accumulated other comprehensive loss consisted of: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Net actuarial loss $ — $ 15 $ 42 $ 41 $ 16 $ 33 $ 3 $ 1 $ 10 Prior service credit (3 ) (4 ) (4 ) — — — — — — Amortization of net gain (3 ) (3 ) (7 ) (2 ) (2 ) (1 ) (1 ) (9 ) (1 ) Net amount recognized $ (6 ) $ 8 $ 31 $ 39 $ 14 $ 32 $ 2 $ (8 ) $ 9 The estimated unrecognized net losses and prior service cost that will be amortized into net periodic pension cost over the fiscal year following the indicated year were as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Unrecognized net losses $ 2 $ 2 $ 3 $ 4 $ 2 $ 2 $ — $ — $ 1 Unrecognized prior service cost 4 4 4 — — — — — — Amount unrecognized $ 6 $ 6 $ 7 $ 4 $ 2 $ 2 $ — $ — $ 1 The net periodic pension cost (credit) was as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Service cost $ 8 $ 7 $ 7 $ 2 $ 2 $ 1 $ 3 $ 3 $ 2 Interest cost 13 16 17 12 15 17 2 2 4 Expected return on plan assets (19 ) (19 ) (18 ) (22 ) (25 ) (24 ) (3 ) (4 ) (4 ) Amortization of prior service cost 4 4 4 — — — — — — Amortization of net loss 3 3 1 2 2 1 — — 1 Settlement losses — — 5 — — — — 10 1 Net periodic pension cost (credit) $ 9 $ 11 $ 16 $ (6 ) $ (6 ) $ (5 ) $ 2 $ 11 $ 4 The weighted-average assumptions used to determine benefit obligations were as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2016 2015 2016 2015 Discount rate 4.0 % 4.3 % 2.8 % 3.9 % 3.1 % 3.5 % Salary inflation N/A N/A 1.9 1.7 2.1 2.1 Pension inflation N/A N/A 3.1 2.8 1.7 1.6 The weighted-average assumptions used to determine net periodic pension cost (credit) were as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 Discount rate 4.2 % 3.9 % 4.7 % 3.9 % 3.8 % 4.7 % 3.5 % 3.3 % 4.3 % Expected return on plan assets 7.3 7.5 7.5 6.5 6.5 6.5 5.4 5.1 6.0 Salary inflation N/A N/A N/A 1.7 1.6 1.9 2.1 2.2 2.3 Pension inflation N/A N/A N/A 2.8 2.8 3.0 1.6 1.8 1.9 The investment objectives for the various plans are preservation of capital, current income and long-term growth of capital. All plan assets are managed by outside investment managers and do not include investments in Hilton stock. Asset allocations are reviewed periodically by the investment managers. Expected long-term returns on plan assets are determined using historical performance for debt and equity securities held by our plans, actual performance of plan assets and current and expected market conditions. Expected returns are formulated based on the target asset allocation. The target asset allocation for the Domestic Plan as a percentage of total plan assets, as of December 31, 2016 and 2015 , was 65 percent and 60 percent , respectively, in funds that invest in equity securities, and 35 percent and 40 percent , respectively, in funds that invest in debt securities. The target asset allocation for the U.K. Plan and the International Plans was 65 percent in funds that invest in equity and debt securities and 35 percent in bond funds as of December 31, 2016 and 2015, respectively. The following tables present the fair value hierarchy of total plan assets measured at fair value by asset category. The fair values of Level 2 assets were based on available market pricing information of similar financial instruments. There were no Level 3 assets as of December 31, 2016 and 2015 . December 31, 2016 Domestic Plan U.K. Plan International Plans Level 1 Level 2 Level 1 Level 2 Level 1 Level 2 (in millions) Cash and cash equivalents $ — $ — $ — $ — $ 10 $ — Equity funds 25 — — — 3 6 Debt securities 1 62 — — — — Bond funds — — — — — 6 Common collective trusts — 139 — 336 — 33 Other — 40 — — — — Total $ 26 $ 241 $ — $ 336 $ 13 $ 45 December 31, 2015 Domestic Plan U.K. Plan International Plans Level 1 Level 2 Level 1 Level 2 Level 1 Level 2 (in millions) Cash and cash equivalents $ — $ — $ — $ — $ 10 $ — Equity funds 64 — — — 4 7 Debt securities 2 71 — — — — Bond funds — — — — — 7 Common collective trusts — 128 — 368 — 32 Total $ 66 $ 199 $ — $ 368 $ 14 $ 46 We expect to contribute approximately $21 million , $8 million and $4 million to the Domestic Plan, the U.K. Plan and the International Plans, respectively, in 2017. As of December 31, 2016 , the benefits expected to be paid in the next five years and in the aggregate for the five years thereafter were as follows: Domestic Plan U.K. Plan International Plans Year (in millions) 2017 $ 30 $ 13 $ 9 2018 27 13 5 2019 26 13 5 2020 26 14 5 2021 26 14 5 2022-2026 124 73 24 $ 259 $ 140 $ 53 As of January 1, 2007, the Domestic Plan and plans maintained for certain domestic hotels currently or formerly managed by us were merged into a multiple employer plan. As of December 31, 2016 , the multiple employer plan had combined plan assets of $289 million and a projected benefit obligation of $405 million . We also have plans covering qualifying employees and non-officer directors (the "Supplemental Plans"). Benefits for the Supplemental Plans are based upon years of service and compensation. Since December 31, 1996, employees and non-officer directors have not accrued additional benefits under the Supplemental Plans. These plans are self-funded by us and, therefore, have no plan assets isolated to pay benefits due to employees. As of December 31, 2016 and 2015 , these plans had benefit obligations of $19 million and $17 million , respectively, which were fully accrued in other liabilities in our consolidated balance sheets. Expense incurred under the Supplemental Plans for the years ended December 31, 2016 was $3 million and for the years ended December 31, 2015 and 2014 was less than $1 million . We have various employee defined contribution investment plans whereby we contribute matching percentages of employee contributions. The aggregate expense under these plans totaled $23 million during each of the years ended December 31, 2016 , 2015 and 2014 .

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Share-Based Compensation	Share-Based Compensation We recorded share-based compensation expense of $91 million , $162 million and $74 million during the years ended December 31, 2016 , 2015 and 2014 , respective ly, which includes amounts reimbursed by hotel owners. The total tax benefit recognized related to this compensation expense was $35 million , $37 million and $34 million for the years ended December 31, 2016 , 2015 and 2014 , respectively. Share-based compensation expense for the years ended December 31, 2015 and 2014 included compensation expense that was recognized when certain rema ining awards granted in connection with our initial public offering vested during 2015 and 2014. Additionally, we terminated a cash-based, long-term incentive plan and reversed the associated accruals resulting in a reduction of compensation expense for the year ended December 31, 2014. As of December 31, 2016 and 2015 , we ac cru ed $16 million and $7 million , respectively, in accounts payable, accrued expenses and other in our consolidated balance sheets for certain awards settled in cash. As of December 31, 2016 , unrecognized compensation expense for unvested awards was approximately $99 million , which is expected to be recognized over a weighted-average period of 1.7 years on a straight-line basis. There were 21,823,633 shares of common stock available for future issuance under the Stock Plan as of December 31, 2016 . All share and share-related information have been adjusted to reflect the Reverse Stock Split. See Note 1 : " Organization " for further discussion. RSUs The following table provides information about our RSU grants for the last three fiscal years: Year Ended December 31, 2016 2015 2014 Number of shares granted 1,169,238 679,546 1,883,454 Weighted average grant date fair value per share $ 59.73 $ 82.38 $ 64.59 Fair value of shares vested (in millions) (1) $ 40 $ 90 $ — ____________ (1) The fair value of shares vested during the year ended December 31, 2014 was less than $1 million. The following table summarizes the activity of our RSUs during the year ended December 31, 2016 : Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of December 31, 2015 1,246,084 $ 73.44 Granted 1,169,238 59.73 Vested (683,262 ) 70.50 Forfeited (107,519 ) 66.90 Outstanding as of December 31, 2016 1,624,541 65.24 Options The following table provides information about our option grants for the last three fiscal years: Year Ended December 31, 2016 2015 2014 Number of options granted 503,150 309,528 334,530 Weighted average exercise price per share $ 58.83 $ 82.38 $ 64.59 Weighted average grant date fair value per share $ 16.41 $ 25.17 $ 22.74 The grant date fair value of each of these option grants was determined using the Black-Scholes-Merton option-pricing model with the following assumptions: Year Ended December 31, 2016 2015 2014 Expected volatility (1) 32.00 % 28.00 % 33.00 % Dividend yield (2) 1.43 % — % — % Risk-free rate (3) 1.36 % 1.67 % 1.85 % Expected term (in years) (4) 6.0 6.0 6.0 ____________ (1) Due to limited trading history for our common stock, we did not have sufficient information available on which to base a reasonable and supportable estimate of the expected volatility of our share price. As a result, we used an average historical volatility of our peer group over a time period consistent with our expected term assumption. Our peer group was determined based upon companies in our industry with similar business models and is consistent with those used to benchmark our executive compensation. (2) Estimated based on the expected annualized dividend payment at the date of grant. For the 2014 and 2015 options, we had no plans to pay dividends during the expected term at the time of grant. (3) Based on the yields of U.S. Department of Treasury instruments with similar expected lives. (4) Estimated using the average of the vesting periods and the contractual term of the options. The following table summarizes the activity of our options during the year ended December 31, 2016 : Number of Shares Weighted Average Exercise Price per Share Outstanding as of December 31, 2015 616,832 $ 73.47 Granted 503,150 58.83 Exercised (5,724 ) 64.59 Forfeited, canceled or expired (38,227 ) 69.03 Outstanding as of December 31, 2016 1,076,031 66.83 Exercisable as of December 31, 2016 293,517 70.57 The weighted average remaining contractual term for options outstanding as of December 31, 2016 was 8.2 years. Performance Shares In November 2016, we modified our performance shares whereby we will convert the performance shares granted in 2015 and 2016 to RSUs based on a 100 percent achievement percentage with the same vesting periods as the original awards contingent upon the occurrence of the spin-offs, which was determined to be 100 percent probable. We recognized $0.3 million of incremental expense related to the modification of these grants during the year ended December 31, 2016. We will recognize additional expense of $6.5 million from the modification over the remaining terms of the awards. The following table provides information about our performance share grants for the last three fiscal years: Year Ended December 31, 2016 2015 2014 Relative Shareholder Return: Number of shares granted 300,784 204,523 176,661 Weighted average grant date fair value per share $ 62.43 $ 98.94 $ 70.68 Fair value of shares vested (in millions) $ 16 $ — $ — EBITDA CAGR: Number of shares granted 300,784 204,523 176,661 Weighted average grant date fair value per share $ 58.83 $ 82.38 $ 64.59 Fair value of shares vested (in millions) $ 12 $ — $ — The grant date fair value of each of the performance shares based on relative shareholder return was determined using a Monte Carlo simulation valuation model with the following assumptions: Year Ended December 31, 2016 2015 2014 Expected volatility (1) 31.00 % 24.00 % 30.00 % Dividend yield (2) — % — % — % Risk-free rate (3) 0.92 % 1.04 % 0.70 % Expected term (in years) (4) 2.8 2.8 2.8 ____________ (1) Due to limited trading history for our common stock, we did not have sufficient information available on which to base a reasonable and supportable estimate of the expected volatility of our share price. As a result, we used an average historical volatility of our peer group over a time period consistent with our expected term assumption. Our peer group was determined based upon companies in our industry with similar business models and is consistent with those used to benchmark our executive compensation. (2) As dividends are assumed to be reinvested in shares of common stock and dividends will not be paid to the participants of the performance shares unless the shares vest, we utilized a dividend yield of zero percent. (3) Based on the yields of U.S. Department of Treasury instruments with similar expected lives. (4) Midpoint of the 30-calendar day period preceding the end of the performance period. The following table summarizes the activity of our performance shares during the year ended December 31, 2016 : Relative Shareholder Return EBITDA CAGR Number of Shares Weighted Average Grant Date Fair Value per Share Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of December 31, 2015 366,361 $ 86.37 366,361 $ 74.49 Granted 300,784 62.43 300,784 58.83 Vested (152,835 ) 70.68 (152,835 ) 64.59 Forfeited or canceled (178,508 ) 77.58 (178,508 ) 68.61 Outstanding as of December 31, 2016 335,802 76.74 335,802 68.09 DSUs During the years ended December 31, 2016 and 2015, we issued to our independent directors 11,393 and 6,179 DSUs, respectively, with grant date fair values of $66.12 and $84.96 , respectively.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table presents the calculation of basic and diluted earnings per share ("EPS"). All share and per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1 : " Organization " for further discussion. Year Ended December 31, 2016 2015 2014 (in millions, except per share amounts) Basic EPS: Numerator: Net income attributable to Hilton stockholders $ 348 $ 1,404 $ 673 Denominator: Weighted average shares outstanding 329 329 328 Basic EPS $ 1.06 $ 4.27 $ 2.05 Diluted EPS: Numerator: Net income attributable to Hilton stockholders $ 348 $ 1,404 $ 673 Denominator: Weighted average shares outstanding 330 330 329 Diluted EPS $ 1.05 $ 4.26 $ 2.05 Approximately 1 million share-based compensation awards were excluded from the weighted average shares outstanding in the computation of diluted EPS for the year ended December 31, 2016 , and less than 1 million awards were excluded for the years ended December 31, 2015 and 2014 because their effect would have been anti-dilutive under the treasury stock method.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	12 Months Ended
	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Loss	Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss, net of taxes, were as follows: Currency Translation Adjustment (1) Pension Liability Adjustment Cash Flow Hedge Adjustment Total (in millions) Balance as of December 31, 2013 $ (136 ) $ (134 ) $ 6 $ (264 ) Other comprehensive loss before reclassifications (299 ) (49 ) (9 ) (357 ) Amounts reclassified from accumulated other comprehensive loss (5 ) 4 — (1 ) Net current period other comprehensive loss (304 ) (45 ) (9 ) (358 ) Equity contribution to consolidated variable interest entities (6 ) — — (6 ) Balance as of December 31, 2014 (446 ) (179 ) (3 ) (628 ) Other comprehensive loss before reclassifications (150 ) (21 ) (7 ) (178 ) Amounts reclassified from accumulated other comprehensive loss 16 6 — 22 Net current period other comprehensive loss (134 ) (15 ) (7 ) (156 ) Balance as of December 31, 2015 (580 ) (194 ) (10 ) (784 ) Other comprehensive loss before reclassifications (157 ) (63 ) (5 ) (225 ) Amounts reclassified from accumulated other comprehensive loss (1 ) 6 3 8 Net current period other comprehensive loss (158 ) (57 ) (2 ) (217 ) Balance as of December 31, 2016 $ (738 ) $ (251 ) $ (12 ) $ (1,001 ) ____________ (1) Includes net investment hedges and intra-entity foreign currency transactions that are of a long-term investment nature. The following table presents additional information about reclassifications out of accumulated other comprehensive loss (amounts in parentheses indicate a loss in our consolidated statement of operations): Year Ended December 31, 2016 2015 2014 (in millions) Currency translation adjustment: Sale and liquidation of foreign assets (1) $ — $ (25 ) $ 3 Gains on net investment hedges (2) 1 — 2 Tax benefit (3)(4) — 9 — Total currency translation adjustment reclassifications for the period, net of tax 1 (16 ) 5 Pension liability adjustment: Amortization of prior service cost (5) (4 ) (4 ) (4 ) Amortization of net loss (5) (5 ) (5 ) (3 ) Tax expense (3) 3 3 3 Total pension liability adjustment reclassifications for the period, net of tax (6 ) (6 ) (4 ) Cash flow hedge adjustment: Dedesignation of interest rate swaps (6) (4 ) — — Tax benefit (3) 1 — — Total cash flow hedge adjustment reclassifications for the period, net of tax (3 ) — — Total reclassifications for the period, net of tax $ (8 ) $ (22 ) $ 1 ____________ (1) Reclassified out of accumulated other comprehensive loss to gain on sales of assets, net for the year ended December 31, 2015 and other gain (loss), net for the year ended December 31, 2014 in our consolidated statements of operations. (2) Reclassified out of accumulated other comprehensive loss to gain (loss) on foreign currency transactions in our consolidated statements of operations. (3) Reclassified out of accumulated other comprehensive loss to income tax expense in our consolidated statements of operations. (4) The tax benefit was less than $1 million for the years ended December 31, 2016 and 2014. (5) Reclassified out of accumulated other comprehensive loss to general, administrative and other in our consolidated statements of operations. These amounts were included in the computation of net periodic pension cost. See Note 19 : " Employee Benefit Plans " for additional information. (6) Reclassified out of accumulated other comprehensive loss to interest expense in our consolidated statements of operations.

Business Segments

Business Segments	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Business Segments	Business Segments During the periods presented, our operations were organized in three distinct operating segments: ownership; management and franchise; and timeshare. Each segment was managed separately because of its distinct economic characteristics. A s of December 31, 2016 , the ownership segment included 141 properties totaling 57,716 rooms, comprising 120 hotels that we wholly owned or leased, one hotel owned by a consolidated non-wholly owned entity, five hotels owned or leased by consolidated VIEs and 15 hotels that were owned or leased by unconsolidated affiliates. While equity in earnings (losses) from unconsolidated affili ates were not included in our measure of segment revenues, we managed these investments in our ownership segment and the results were included in our measure of segment profits. The management and franchise segment includes all of the hotels we manage for third-party owners, as well as all franchised hotels operated or managed by someone other than us. As of December 31, 2016 , this segment included 559 managed hotels and 4,175 franchised hotels totaling 4,734 hotels consisting of 738,724 rooms. This segment also earns fees for managing properties in our ownership and timeshare segments. The timeshare segment includes the development of vacation ownership clubs and resorts, marketing and selling of timeshare intervals, resort operations and providing timeshare customer financing for the timeshare interests. This segment also provides assistance to third-party developers in selling their timeshare inventory. As of December 31, 2016 , this segment included 47 timeshare properties totaling 7,657 units. Corporate and other represents revenues and related operating expenses generated by the incidental support of hotel operations for owned, leased, managed and franchised hotels and other rental income, as well as corporate assets and related expenditures. The performance of our operating segments is evaluated primarily based on Adjusted EBITDA. We define Adjusted EBITDA as EBITDA, further adjusted to exclude certain items, including gains, losses and expenses in connection with: (i) asset dispositions for both consolidated and unconsolidated investments; (ii) foreign currency transactions; (iii) debt restructurings/retirements; (iv) non-cash impairment losses; (v) furniture, fixtures and equipment ("FF&E") replacement reserves required under certain lease agreements; (vi) reorganization costs; (vii) share-based compensation expense; (viii) severance, relocation and other expenses; and (ix) other items. The following table presents revenues for our reportable segments, reconciled to consolidated amounts: Year Ended December 31, 2016 2015 2014 (in millions) Revenues: Ownership $ 4,157 $ 4,262 $ 4,271 Management and franchise 1,786 1,691 1,468 Timeshare 1,390 1,308 1,171 Segment revenues 7,333 7,261 6,910 Other revenues from managed and franchised properties 4,446 4,130 3,691 Other revenues 102 91 99 Intersegment fees elimination (1) (218 ) (210 ) (198 ) Total revenues $ 11,663 $ 11,272 $ 10,502 ____________ (1) Includes the following intercompany charges that were eliminated in our consolidated financial statements: Year Ended December 31, 2016 2015 2014 (in millions) Rental and other fees (a) $ 27 $ 25 $ 28 Management, royalty and intellectual property fees (b) 135 131 113 Licensing fee (c) 45 43 44 Laundry services (d) 7 7 9 Other (e) 4 4 4 Intersegment fees elimination $ 218 $ 210 $ 198 ____________ (a) Represents fees charged to our timeshare segment by our ownership segment. (b) Represents fees charged to our ownership segment by our management and franchise segment. (c) Represents fees charged to our timeshare segment by the management and franchise segment. (d) Represents charges to our ownership segment for services provided by our wholly owned laundry business. Revenues from our laundry business are included in other revenues. The laundry business was owned by Park effective January 3, 2017 upon completion of the spin-offs. (e) Represents other intercompany charges, which are a benefit to our ownership segment and a cost to corporate and other. The following table provides a reconciliation of segment Adjusted EBITDA to consolidated net income: Year Ended December 31, 2016 2015 2014 (in millions) Ownership (1)(2) $ 1,029 $ 1,064 $ 1,000 Management and franchise (2) 1,786 1,691 1,468 Timeshare (2) 381 352 337 Segment Adjusted EBITDA 3,196 3,107 2,805 Corporate and other (2) (221 ) (228 ) (255 ) Interest expense (587 ) (575 ) (618 ) Income tax expense (891 ) (80 ) (465 ) Depreciation and amortization (686 ) (692 ) (628 ) Interest expense, income tax, depreciation and amortization and impairment loss included in equity in earnings from unconsolidated affiliates (47 ) (32 ) (37 ) Gain on sales of assets, net 9 306 — Gain (loss) on foreign currency transactions (13 ) (41 ) 26 FF&E replacement reserve (56 ) (48 ) (46 ) Share-based compensation expense (91 ) (162 ) (74 ) Impairment loss (15 ) (9 ) — Other gain (loss), net (26 ) (1 ) 37 Other adjustment items (3) (208 ) (129 ) (63 ) Net income $ 364 $ 1,416 $ 682 ____________ (1) Includes unconsolidated affiliate Adjusted EBITDA. (2) Our measures of Adjusted EBITDA included intercompany charges that were eliminated in our consolidated financial statements. Refer to the footnote to the segment revenues table for detail of the intercompany charges. (3) Includ es $22 million and $95 million of severance costs related to the sale of the Waldorf Astoria New York for the years ended December 31, 2016 and 2015, respectively. Also includes $137 million of costs related to the spin-offs for the year ended December 31, 2016. The following table presents total assets for our reportable segments, reconciled to consolidated amounts: December 31, 2016 2015 (in millions) Ownership $ 10,979 $ 11,269 Management and franchise 10,224 10,392 Timeshare 2,391 1,935 Corporate and other 2,617 2,026 $ 26,211 $ 25,622 The following table presents capital expenditures for property and equipment for our reportable segments, reconciled to consolidated amounts: Year Ended December 31, 2016 2015 2014 (in millions) Ownership $ 270 $ 277 $ 245 Timeshare 28 17 14 Corporate and other 19 16 9 $ 317 $ 310 $ 268 Total revenues by country were as follows: Year Ended December 31, 2016 2015 2014 (in millions) U.S. $ 9,382 $ 8,844 $ 7,927 All other 2,281 2,428 2,575 $ 11,663 $ 11,272 $ 10,502 Other than the U.S., there were no countries that individually represented more than 10 percent of total revenues for the years ended December 31, 2016 , 2015 and 2014 . Property and equipment, net by country was as follows: December 31, 2016 2015 (in millions) U.S. $ 8,438 $ 8,612 All other 492 507 $ 8,930 $ 9,119 Other than the U.S., there were no countries that individually represented more than 10 percent of total property and equipment, net as of December 31, 2016 and 2015 .

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure	Commitments and Contingencies As of December 31, 2016 , we had an outstanding guarantee of $5 million , with a remaining term of seven years , for debt and other obligations of a third party. We have one letter of credit for $25 million that has been pledged as collateral for the guarantee. Although we believe it is unlikely that material payments will be required under the guarantee or letter of credit, there can be no assurance that this will be the case. We have also provided performance guarantees to certain owners of hotels that we operate under management contracts. Most of these guarantees allow us to terminate the contract, rather than fund shortfalls, if specified performance levels are not achieved. However, in limited cases, we are obligated to fund performance shortfalls. As of December 31, 2016 , we had seven contracts containing performance guarantees, with expirations ranging from 2019 to 2030 , and possible cash outlays totaling approximately $69 million . Our obligations in future periods depend on the operating performance levels of these hotels over the remaining terms of the performance guarantees. We do not have any letters of credit pledged as collateral against these guarantees. As of December 31, 2016 and 2015 , we recorded approximately $11 million and $8 million , respectively, in accounts payable, accrued expenses and other and approximately $17 million and $25 million , respectively, in other liabilities in our consolidated balance sheets for an outstanding performance guarantee that is related to a VIE for which we are not the primary beneficiary. As of December 31, 2016 , we had outstanding commitments under third-party contracts of approximately $43 million for capital expenditures at certain owned and leased properties. Our contracts contain clauses that allow us to cancel all or some portion of the work. If cancellation of a contract occurs, our commitment would be any costs incurred up to the cancellation date, in addition to any costs associated with the discharge of the contract. We have entered into an agreement with an affiliate of the owner of a hotel whereby we have agreed to provide a $60 million junior mezzanine loan to finance the construction of a new hotel that we will manage. The junior mezzanine loan will be subordinated to a senior mortgage loan and senior mezzanine loan provided by third parties unaffiliated with us and will be funded on a pro rata basis with these loans as the construction costs are incurred. During the years ended December 31, 2016 and 2015 , we funded $34 million and $17 million , respectively, of this commitment, and we expect to fund our remaining commitment of $9 million in 2017. We have entered into certain arrangements with developers whereby we have committed to purchase timeshare units at a future date to be marketed and sold under our Hilton Grand Vacations brand. As of December 31, 2016 , we are committed to purchase approximately $193 million of inventory over a period of three years. The ultimate amount and timing of the acquisitions is subject to change pursuant to the terms of the respective arrangements, which could also allow for cancellation in certain circumstances. During the years ended December 31, 2016 , 2015 and 2014 , we purchased $18 million , $17 million and $29 million , respectively, of timeshare inventory as required under our commitments. As of December 31, 2016 , our remaining obligation pursuant to these arrangements was expected to be incurred as follows: $8 million in 2017, $56 million in 2018 and $129 million in 2019. We are involved in other litigation arising in the normal course of business, some of which includes claims for substantial sums. While the ultimate results of claims and litigation cannot be predicted with certainty, we expect that the ultimate resolution of all pending or threatened claims and litigation as of December 31, 2016 will not have a material effect on our consolidated results of operations, financial position or cash flows.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Investment in Affiliates We hold investments in affiliates that own or lease properties that we manage. See Note 8 : " Investments in Affiliates " for additional information. The following tables summarize amounts included in our consolidated financial statements related to these management agreements: December 31, 2016 2015 (in millions) Balance Sheets Assets: Accounts receivable, net $ 19 $ 23 Management and franchise contracts, net 20 20 Liabilities: Accounts payable, accrued expenses and other 11 10 Year Ended December 31, 2016 2015 2014 (in millions) Statements of Operations Revenues: Management and franchise fees and other $ 28 $ 24 $ 25 Other revenues from managed and franchised properties 166 166 167 Expenses: Other expenses from managed and franchised properties 166 166 167 Non-operating income and expenses: Interest income — — 1 Statements of Cash Flows Investing Activities: Contract acquisition costs — 4 — The Blackstone Group Blackstone directly and indirectly owns or controls hotels that we manage or franchise and for which we receive fees in connection with the underlying management and franchise agreements. Our maximum exposure to loss related to these hotels is limited to the amounts discussed below; therefore, our involvement with these hotels does not expose us to additional variability or risk of loss. The following tables summarize amounts included in our consolidated financial statements related to these management and franchise agreements: December 31, 2016 2015 (in millions) Balance Sheets Assets: Accounts receivable, net $ 18 $ 21 Management and franchise contracts, net 13 16 Liabilities: Accounts payable, accrued expenses and other 8 9 Year Ended December 31, 2016 2015 2014 (in millions) Statements of Operations Revenues: Management and franchise fees and other $ 42 $ 48 $ 60 Other revenues from managed and franchised properties 144 160 293 Expenses: Depreciation and amortization 1 — — Other expenses from managed and franchised properties 144 160 293 Statements of Cash Flows Investing Activities: Contract acquisition costs — — 7 As of December 31, 2016 , entities affiliated with Blackstone held $75 million of the 6.125% Senior Notes due 2024. During the year ended December 31, 2015 , we acquired, as part of a tax deferred exchange of real property, certain properties from sellers affiliated with Blackstone for a total purchase price of $1.76 billion . In 2014, we completed the sale of certain land and easement rights at one of our hotels to an affiliate of Blackstone in connection with a timeshare project. The total consideration received for this transaction was approximately $37 million . As a result of this transaction, we entered into a sales and marketing agreement with the affiliate of Blackstone to sell and market these timeshare intervals for which we earned commissions and other fees of $177 million , $154 million and $30 million for the years ended December 31, 2016, 2015 and 2014, respectively, included in our consolidated statements of operations, and had accounts receivable of $20 million and $5 million as of December 31, 2016 and 2015, respectively, in our consolidated balance sheets. We also purchase products and services from entities affiliated with or owned by Blackstone. The fees paid for these products and services were $9 million , $32 million and $31 million during the years ended December 31, 2016 , 2015 and 2014 , respectively.

Supplemental Disclosures of Cas

Supplemental Disclosures of Cash Flow Information	12 Months Ended
	Dec. 31, 2016
Supplemental Cash Flow Information [Abstract]
Supplemental Disclosures of Cash Flow Information	Supplemental Disclosures of Cash Flow Information Interest paid during the years ended December 31, 2016 , 2015 and 2014 , was $478 million , $485 million and $514 million , respectively. Income taxes, net of refunds, paid during the years ended December 31, 2016 , 2015 and 2014 were $677 million , $475 million and $429 million , respectively. The following non-cash investing and financing activities were excluded from the consolidated statements of cash flows: • In 2016, we transferred $116 million of property and equipment to timeshare inventory for conversion into timeshare units. • In 2015, we assumed the $450 million Bonnet Creek Loan as a result of an acquisition. • In 2015, one of our consolidated VIEs modified the terms of its capital lease resulting in a reduction in long-term debt of $24 million . • In 2014, we transferred $45 million of property and equipment to timeshare inventory as part of a conversion of certain floors at one of our owned properties into timeshare units. • In 2014, we completed an equity investments exchange with a joint venture partner where we acquired $144 million of property and equipment, $1 million of other intangible assets and assumed $64 million of long-term debt. We also disposed of $59 million in equity method investments. • In 2014, we restructured a capital lease in conjunction with a rent arbitration ruling, for which we recorded an additional capital lease asset and obligation of $11 million .

Condensed Consolidating Guarant

Condensed Consolidating Guarantor Financial Information	12 Months Ended
	Dec. 31, 2016
Condensed Consolidating Guarantor Financial Information [Abstract]
Condensed Consolidating Guarantor Financial Information	Condensed Consolidating Guarantor Financial Information In October 2013, Hilton Worldwide Finance LLC and Hilton Worldwide Finance Corp. (the "2013 Issuers"), entities formed in August 2013 that are 100 percent owned by the Parent, issued the Senior Notes due 2021. In September 2016, Hilton Domestic Operating Company Inc. (together with the 2013 Issuers, the "Subsidiary Issuers"), an entity formed in August 2016 that is 100 percent owned by Hilton Worldwide Finance LLC and a guarantor of the Senior Notes due 2021, assumed the 4.25% Senior Notes due 2024 that were issued in August 2016 by escrow issuers. The Senior Notes due 2021 and the 4.25% Senior Notes due 2024 are referred to as the Hilton Senior Notes. The obligations of the Subsidiary Issuers are guaranteed jointly and severally on a senior unsecured basis by the Parent and certain of the Parent's 100 percent owned domestic restricted subsidiaries that are themselves not issuers of the applicable series of Hilton Senior Notes (together, the "Guarantors"). The indentures that govern the Hilton Senior Notes provide that any subsidiary of the Company that provides a guarantee of the 2013 Senior Secured Credit Facility will guarantee the Hilton Senior Notes. In connection with the spin-offs, certain entities that were previously guarantors of the Hilton Senior Notes were released and as of December 31, 2016 no longer guarantee the Hilton Senior Notes. As of December 31, 2016 , none of our foreign subsidiaries or U.S. subsidiaries owned by foreign subsidiaries or conducting foreign operations; our non-wholly owned subsidiaries; or our subsidiaries that have been designated for spin-off to Park and HGV guarantee the Hilton Senior Notes (collectively, the "Non-Guarantors"). The condensed consolidating financial information was retrospectively adjusted to present the financial information as of December 31, 2016 and 2015 , and for the years ended December 31, 2016 , 2015 and 2014 based on the composition the Guarantors and Non-Guarantors at December 31, 2016 . The guarantees are full and unconditional, subject to certain customary release provisions. The indentures that govern the Hilton Senior Notes provide that any Guarantor may be released from its guarantee so long as: (i) the subsidiary is sold or sells all of its assets; (ii) the subsidiary is released from its guaranty under the 2013 Senior Secured Credit Facility; (iii) the subsidiary is declared "unrestricted" for covenant purposes; (iv) the subsidiary is merged with or into the applicable Subsidiary Issuers or another Guarantor or the Guarantor liquidates after transferring all of its assets to the applicable Subsidiary Issuers or another Guarantor; or (v) the requirements for legal defeasance or covenant defeasance or to discharge the indenture have been satisfied, in each case in compliance with applicable provisions of the indentures. The following schedules present the condensed consolidating financial information as of December 31, 2016 and 2015 , and for the years ended December 31, 2016 , 2015 and 2014 , for the Parent, Subsidiary Issuers, Guarantors and Non-Guarantors. December 31, 2016 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 25 $ 1,393 $ — $ 1,418 Restricted cash and cash equivalents — — 96 170 — 266 Accounts receivable, net — — 491 514 — 1,005 Intercompany receivables — — — 42 (42 ) — Inventories — — 4 537 — 541 Current portion of financing receivables, net — — 1 137 — 138 Prepaid expenses — — 27 137 (27 ) 137 Income taxes receivable — — 30 — (17 ) 13 Other — — 1 38 — 39 Total current assets — — 675 2,968 (86 ) 3,557 Property, Intangibles and Other Assets: Property and equipment, net — — 74 8,856 — 8,930 Financing receivables, net — — 64 899 — 963 Investments in affiliates — — 18 96 — 114 Investments in subsidiaries 5,889 11,300 6,993 — (24,182 ) — Goodwill — — 3,824 1,998 — 5,822 Brands — — 4,404 444 — 4,848 Management and franchise contracts, net — — 716 303 — 1,019 Other intangible assets, net — — 297 210 — 507 Deferred income tax assets 10 2 — 117 (12 ) 117 Other — 12 163 159 — 334 Total property, intangibles and other assets 5,899 11,314 16,553 13,082 (24,194 ) 22,654 TOTAL ASSETS $ 5,899 $ 11,314 $ 17,228 $ 16,050 $ (24,280 ) $ 26,211 LIABILITIES AND EQUITY Current Liabilities: Accounts payable, accrued expenses and other $ — $ 26 $ 1,461 $ 993 $ (27 ) $ 2,453 Intercompany payables — — 42 — (42 ) — Current maturities of long-term debt — 26 — 72 — 98 Current maturities of timeshare debt — — — 73 — 73 Income taxes payable — — — 77 (17 ) 60 Total current liabilities — 52 1,503 1,215 (86 ) 2,684 Long-term debt — 5,361 981 3,678 — 10,020 Timeshare debt — — — 621 — 621 Deferred revenues — — 42 22 — 64 Deferred income tax liabilities — — 1,742 2,845 (12 ) 4,575 Liability for guest loyalty program — — 889 — — 889 Other — 12 771 726 — 1,509 Total liabilities — 5,425 5,928 9,107 (98 ) 20,362 Equity: Total Hilton stockholders' equity 5,899 5,889 11,300 6,993 (24,182 ) 5,899 Noncontrolling interests — — — (50 ) — (50 ) Total equity 5,899 5,889 11,300 6,943 (24,182 ) 5,849 TOTAL LIABILITIES AND EQUITY $ 5,899 $ 11,314 $ 17,228 $ 16,050 $ (24,280 ) $ 26,211 December 31, 2015 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 18 $ 591 $ — $ 609 Restricted cash and cash equivalents — — 91 156 — 247 Accounts receivable, net — — 406 470 — 876 Inventories — — 1 441 — 442 Current portion of financing receivables, net — — 1 128 — 129 Prepaid expenses — — 36 140 (29 ) 147 Income taxes receivable — — 120 — (23 ) 97 Other — — 1 37 — 38 Total current assets — — 674 1,963 (52 ) 2,585 Property, Intangibles and Other Assets: Property and equipment, net — — 73 9,046 — 9,119 Financing receivables, net — — 32 855 — 887 Investments in affiliates — — 49 89 — 138 Investments in subsidiaries 6,166 11,854 6,457 — (24,477 ) — Goodwill — — 3,824 2,063 — 5,887 Brands — — 4,405 514 — 4,919 Management and franchise contracts, net — — 818 331 — 1,149 Other intangible assets, net — — 334 252 — 586 Deferred income tax assets 24 3 — 78 (27 ) 78 Other — 9 147 118 — 274 Total property, intangibles and other assets 6,190 11,866 16,139 13,346 (24,504 ) 23,037 TOTAL ASSETS $ 6,190 $ 11,866 $ 16,813 $ 15,309 $ (24,556 ) $ 25,622 LIABILITIES AND EQUITY Current Liabilities: Accounts payable, accrued expenses and other $ — $ 39 $ 1,239 $ 957 $ (29 ) $ 2,206 Current maturities of long-term debt — (12 ) — 106 — 94 Current maturities of timeshare debt — — — 110 — 110 Income taxes payable — — — 56 (23 ) 33 Total current liabilities — 27 1,239 1,229 (52 ) 2,443 Long-term debt — 5,659 54 4,144 — 9,857 Timeshare debt — — — 392 — 392 Deferred revenues — — 252 31 — 283 Deferred income tax liabilities — — 1,819 2,838 (27 ) 4,630 Liability for guest loyalty program — — 784 — — 784 Other 205 14 811 252 — 1,282 Total liabilities 205 5,700 4,959 8,886 (79 ) 19,671 Equity: Total Hilton stockholders' equity 5,985 6,166 11,854 6,457 (24,477 ) 5,985 Noncontrolling interests — — — (34 ) — (34 ) Total equity 5,985 6,166 11,854 6,423 (24,477 ) 5,951 TOTAL LIABILITIES AND EQUITY $ 6,190 $ 11,866 $ 16,813 $ 15,309 $ (24,556 ) $ 25,622 Year Ended December 31, 2016 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Revenues Owned and leased hotels $ — $ — $ — $ 4,129 $ (3 ) $ 4,126 Management and franchise fees and other — — 1,398 446 (143 ) 1,701 Timeshare — — — 1,390 — 1,390 — — 1,398 5,965 (146 ) 7,217 Other revenues from managed and franchised properties — — 4,894 637 (1,085 ) 4,446 Total revenues — — 6,292 6,602 (1,231 ) 11,663 Expenses Owned and leased hotels — — — 3,187 (87 ) 3,100 Timeshare — — — 993 (45 ) 948 Depreciation and amortization — — 273 413 — 686 Impairment loss — — — 15 — 15 General, administrative and other — — 452 178 (14 ) 616 — — 725 4,786 (146 ) 5,365 Other expenses from managed and franchised properties — — 4,894 637 (1,085 ) 4,446 Total expenses — — 5,619 5,423 (1,231 ) 9,811 Gain on sales of assets, net — — 1 8 — 9 Operating income — — 674 1,187 — 1,861 Interest income — — 8 4 — 12 Interest expense — (261 ) (84 ) (242 ) — (587 ) Equity in earnings from unconsolidated affiliates — — 2 6 — 8 Gain (loss) on foreign currency transactions — — (139 ) 126 — (13 ) Other gain (loss), net — 1 — (27 ) — (26 ) Income (loss) before income taxes and equity in earnings from subsidiaries — (260 ) 461 1,054 — 1,255 Income tax benefit (expense) 193 100 (295 ) (889 ) — (891 ) Income (loss) before equity in earnings from subsidiaries 193 (160 ) 166 165 — 364 Equity in earnings from subsidiaries 155 315 149 — (619 ) — Net income 348 155 315 165 (619 ) 364 Net income attributable to noncontrolling interests — — — (16 ) — (16 ) Net income attributable to Hilton stockholders $ 348 $ 155 $ 315 $ 149 $ (619 ) $ 348 Comprehensive income $ 131 $ 153 $ 249 $ 15 $ (402 ) $ 146 Comprehensive income attributable to noncontrolling interests — — — (15 ) — (15 ) Comprehensive income attributable to Hilton stockholders $ 131 $ 153 $ 249 $ — $ (402 ) $ 131 Year Ended December 31, 2015 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Revenues Owned and leased hotels $ — $ — $ — $ 4,236 $ (3 ) $ 4,233 Management and franchise fees and other — — 1,331 410 (140 ) 1,601 Timeshare — — — 1,308 — 1,308 — — 1,331 5,954 (143 ) 7,142 Other revenues from managed and franchised properties — — 4,568 620 (1,058 ) 4,130 Total revenues — — 5,899 6,574 (1,201 ) 11,272 Expenses Owned and leased hotels — — — 3,253 (85 ) 3,168 Timeshare — — — 940 (43 ) 897 Depreciation and amortization — — 288 404 — 692 Impairment losses — — — 9 — 9 General, administrative and other — — 473 153 (15 ) 611 — — 761 4,759 (143 ) 5,377 Other expenses from managed and franchised properties — — 4,568 620 (1,058 ) 4,130 Total expenses — — 5,329 5,379 (1,201 ) 9,507 Gain on sales of assets, net — — — 306 — 306 Operating income — — 570 1,501 — 2,071 Interest income — — 16 3 — 19 Interest expense — (281 ) (55 ) (239 ) — (575 ) Equity in earnings from unconsolidated affiliates — — 2 21 — 23 Gain (loss) on foreign currency transactions — — 77 (118 ) — (41 ) Other gain (loss), net — — (2 ) 1 — (1 ) Income (loss) before income taxes and equity in earnings from subsidiaries — (281 ) 608 1,169 — 1,496 Income tax benefit (expense) (7 ) 108 150 (331 ) — (80 ) Income (loss) before equity in earnings from subsidiaries (7 ) (173 ) 758 838 — 1,416 Equity in earnings from subsidiaries 1,411 1,584 826 — (3,821 ) — Net income 1,404 1,411 1,584 838 (3,821 ) 1,416 Net income attributable to noncontrolling interests — — — (12 ) — (12 ) Net income attributable to Hilton stockholders $ 1,404 $ 1,411 $ 1,584 $ 826 $ (3,821 ) $ 1,404 Comprehensive income $ 1,248 $ 1,404 $ 1,546 $ 727 $ (3,665 ) $ 1,260 Comprehensive income attributable to noncontrolling interests — — — (12 ) — (12 ) Comprehensive income attributable to Hilton stockholders $ 1,248 $ 1,404 $ 1,546 $ 715 $ (3,665 ) $ 1,248 Year Ended December 31, 2014 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Revenues Owned and leased hotels $ — $ — $ — $ 4,242 $ (3 ) $ 4,239 Management and franchise fees and other — — 1,135 368 (102 ) 1,401 Timeshare — — — 1,171 — 1,171 — — 1,135 5,781 (105 ) 6,811 Other revenues from managed and franchised properties — — 4,081 571 (961 ) 3,691 Total revenues — — 5,216 6,352 (1,066 ) 10,502 Expenses Owned and leased hotels — — — 3,321 (69 ) 3,252 Timeshare — — — 790 (23 ) 767 Depreciation and amortization — — 263 365 — 628 General, administrative and other — — 357 147 (13 ) 491 — — 620 4,623 (105 ) 5,138 Other expenses from managed and franchised properties — — 4,081 571 (961 ) 3,691 Total expenses — — 4,701 5,194 (1,066 ) 8,829 Operating income — — 515 1,158 — 1,673 Interest income — — 7 3 — 10 Interest expense — (334 ) (59 ) (225 ) — (618 ) Equity in earnings from unconsolidated affiliates — — 5 14 — 19 Gain (loss) on foreign currency transactions — — 443 (417 ) — 26 Other gain, net — — 2 35 — 37 Income (loss) before income taxes and equity in earnings from subsidiaries — (334 ) 913 568 — 1,147 Income tax benefit (expense) (5 ) 128 (340 ) (248 ) — (465 ) Income (loss) before equity in earnings from subsidiaries (5 ) (206 ) 573 320 — 682 Equity in earnings from subsidiaries 678 884 311 — (1,873 ) — Net income 673 678 884 320 (1,873 ) 682 Net income attributable to noncontrolling interests — — — (9 ) — (9 ) Net income attributable to Hilton stockholders $ 673 $ 678 $ 884 $ 311 $ (1,873 ) $ 673 Comprehensive income $ 315 $ 669 $ 813 $ 47 $ (1,515 ) $ 329 Comprehensive income attributable to noncontrolling interests — — — (14 ) — (14 ) Comprehensive income attributable to Hilton stockholders $ 315 $ 669 $ 813 $ 33 $ (1,515 ) $ 315 Year Ended December 31, 2016 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Operating Activities: Net cash provided by (used in) operating activities $ — $ (37 ) $ 897 $ 1,095 $ (605 ) $ 1,350 Investing Activities: Capital expenditures for property and equipment — — (9 ) (308 ) — (317 ) Issuance of intercompany receivables — — (192 ) (42 ) 234 — Payments received on intercompany receivables — — 192 — (192 ) — Proceeds from asset dispositions — — — 11 — 11 Contract acquisition costs — — (46 ) (9 ) — (55 ) Capitalized software costs — — (73 ) (8 ) — (81 ) Other — (6 ) (35 ) 5 — (36 ) Net cash used in investing activities — (6 ) (163 ) (351 ) 42 (478 ) Financing Activities: Borrowings — — 1,000 3,715 — 4,715 Repayment of debt — (266 ) — (4,093 ) — (4,359 ) Intercompany borrowings — — 42 192 (234 ) — Debt issuance costs — (17 ) (20 ) (39 ) — (76 ) Repayment of intercompany borrowings — — — (192 ) 192 — Intercompany transfers 277 326 (1,744 ) 1,141 — — Dividends paid (277 ) — — — — (277 ) Intercompany dividends — — — (605 ) 605 — Distributions to noncontrolling interests — — — (32 ) — (32 ) Net cash provided by (used in) financing activities — 43 (722 ) 87 563 (29 ) Effect of exchange rate changes on cash, restricted cash and cash equivalents — — — (15 ) — (15 ) Net increase in cash, restricted cash and cash equivalents — — 12 816 — 828 Cash, restricted cash and cash equivalents, beginning of period — — 109 747 — 856 Cash, restricted cash and cash equivalents, end of period $ — $ — $ 121 $ 1,563 $ — $ 1,684 Year Ended December 31, 2015 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Operating Activities: Net cash provided by operating activities $ — $ 184 $ 936 $ 723 $ (436 ) $ 1,407 Investing Activities: Capital expenditures for property and equipment — — (11 ) (299 ) — (310 ) Acquisitions, net of cash acquired — — — (1,402 ) — (1,402 ) Proceeds from asset dispositions — — — 2,205 — 2,205 Contract acquisition costs — — (23 ) (14 ) — (37 ) Software capitalization costs — — (57 ) (5 ) — (62 ) Other — — 13 7 — 20 Net cash provided by (used in) investing activities — — (78 ) 492 — 414 Financing Activities: Borrowings — — — 48 — 48 Repayment of debt — (775 ) — (849 ) — (1,624 ) Intercompany transfers 138 591 (693 ) (36 ) — — Dividends paid (138 ) — — — — (138 ) Intercompany dividends — — (184 ) (252 ) 436 — Distributions to noncontrolling interests — — — (8 ) — (8 ) Excess tax benefits from share-based compensation — — 8 — — 8 Net cash used in financing activities — (184 ) (869 ) (1,097 ) 436 (1,714 ) Effect of exchange rate changes on cash, restricted cash and cash equivalents — — — (19 ) — (19 ) Net increase (decrease) in cash, restricted cash and cash equivalents — — (11 ) 99 — 88 Cash, restricted cash and cash equivalents, beginning of period — — 120 648 — 768 Cash, restricted cash and cash equivalents, end of period $ — $ — $ 109 $ 747 $ — $ 856 Year Ended December 31, 2014 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Operating Activities: Net cash provided by operating activities $ — $ — $ 1,085 $ 522 $ (300 ) $ 1,307 Investing Activities: Capital expenditures for property and equipment — — (5 ) (263 ) — (268 ) Proceeds from asset dispositions — — 4 40 — 44 Contract acquisition costs — — (19 ) (46 ) — (65 ) Software capitalization costs — — (64 ) (5 ) — (69 ) Other — — 11 37 — 48 Net cash used in investing activities — — (73 ) (237 ) — (310 ) Financing Activities: Borrowings — — — 350 — 350 Repayment of debt — (1,000 ) — (424 ) — (1,424 ) Debt issuance costs — (6 ) — (3 ) — (9 ) Capital contribution — — — 22 (9 ) 13 Intercompany transfers — 1,006 (1,094 ) 88 — — Intercompany dividends — — — (309 ) 309 — Distributions to noncontrolling interests — — — (5 ) — (5 ) Net cash used in financing activities — — (1,094 ) (281 ) 300 (1,075 ) Effect of exchange rate changes on cash, restricted cash and cash equivalents — — — (14 ) — (14 ) Net decrease in cash, restricted cash and cash equivalents — — (82 ) (10 ) — (92 ) Cash, restricted cash and cash equivalents, beginning of period — — 202 658 — 860 Cash, restricted cash and cash equivalents, end of period $ — $ — $ 120 $ 648 $ — $ 768

Selected Quarterly Financial In

Selected Quarterly Financial Information (unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure (unaudited) [Abstract]
Quarterly Financial Information	Selected Quarterly Financial Information (unaudited) The following table sets forth the historical unaudited quarterly financial data for the periods indicated. The information for each of these periods has been prepared on the same basis as the audited consolidated financial statements and, in our opinion, reflects all adjustments necessary to present fairly our financial results. Operating results for previous periods do not necessarily indicate results that may be achieved in any future period. 2016 First Quarter Second Quarter Third Quarter Fourth Quarter Year (in millions, except per share data) Revenues $ 2,750 $ 3,051 $ 2,942 $ 2,920 $ 11,663 Operating income 409 553 493 406 1,861 Net income (loss) 310 244 192 (382 ) 364 Net income (loss) attributable to Hilton stockholders 309 239 187 (387 ) 348 Basic earnings (loss) per share (1) $ 0.94 $ 0.73 $ 0.57 $ (1.18 ) $ 1.06 Diluted earnings (loss) per share (1) $ 0.94 $ 0.72 $ 0.57 $ (1.17 ) $ 1.05 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Year (in millions, except per share data) Revenues $ 2,599 $ 2,922 $ 2,895 $ 2,856 $ 11,272 Operating income 490 427 663 491 2,071 Net income 150 167 283 816 1,416 Net income attributable to Hilton stockholders 150 161 279 814 1,404 Basic earnings per share (1) $ 0.46 $ 0.49 $ 0.85 $ 2.47 $ 4.27 Diluted earnings per share (1) $ 0.46 $ 0.49 $ 0.85 $ 2.47 $ 4.26 ____________ (1) The sum of the earnings per share for the four quarters differs from annual earnings per share due to the required method of computing the weighted average shares outstanding in interim periods. All per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1 : " Organization " for further discussion.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events Spin-offs On January 3, 2017 , we completed the previously announced spin-offs of a portfolio of hotels and resorts, as well as our timeshare business, into two independent, publicly traded companies: Park Hotels & Resorts Inc. and Hilton Grand Vacations Inc., respectively. The spin-offs were completed via a distribution to each of Hilton's stockholders of record, as of close of business on December 15, 2016, of 100 percent of the outstanding common stock of Park and HGV. Each Hilton stockholder received one share of Park common stock for every five shares of Hilton common stock and one share of HGV common stock for every 10 shares of Hilton common stock. Both Park and HGV have their common stock listed on the New York Stock Exchange under the symbols "PK" and "HGV," respectively. Following the spin-offs, Hilton did not retain any ownership interest in Park or HGV; however, we entered into certain agreements that provide a framework for our relationship with them, including a Transition Services Agreement, an Employee Matters Agreement and a Tax Matters Agreement with Park and HGV, as well as Management and Franchise Agreements with Park and a License Agreement with HGV. Beginning in the first quarter of 2017, commensurate with the completion of the spin-offs, the historical financial results of Park and HGV will be reflected in our condensed consolidated financial statements as discontinued operations.

Basis of Presentation and Sum40

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of Hilton, our wholly owned subsidiaries and entities in which we have a controlling financial interest, including variable interest entities ("VIEs") where we are the primary beneficiary. Entities in which we have a controlling financial interest generally comprise majority owned real estate ownership and management enterprises. The determination of a controlling financial interest is based upon the terms of the governing agreements of the respective entities, including the evaluation of rights held by other ownership interests. If the entity is considered to be a VIE, we determine whether we are the primary beneficiary, and then consolidate those VIEs for which we have determined we are the primary beneficiary. If the entity in which we hold an interest does not meet the definition of a VIE, we evaluate whether we have a controlling financial interest through our voting interests in the entity. We consolidate entities when we own more than 50 percent of the voting shares of a company or otherwise have a controlling financial interest. All material intercompany transactions and balances have been eliminated in consolidation. References in these financial statements to net income (loss) attributable to Hilton stockholders and Hilton stockholders' equity (deficit) do not include noncontrolling interests, which represent the outside ownership interests of our consolidated, non-wholly owned entities and are reported separately.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with United States of America ("U.S.") generally accepted accounting principles ("GAAP") requires management to make estimates and assumptions that affect the amounts reported and, accordingly, ultimate results could differ from those estimates.
Revenue Recognition	Revenue Recognition Revenues are primarily derived from the following sources and are generally recognized as services are rendered and when collectibility is reasonably assured. Amounts received in advance of revenue recognition are deferred as liabilities. • Owned and leased hotel revenues primarily consist of room rentals, food and beverage sales and other ancillary goods and services from owned, leased and consolidated non-wholly owned hotel properties. Revenues are recorded when rooms are occupied or goods and services have been delivered or rendered. • Management fees represent fees earned from hotels and timeshare properties that we manage, usually under long-term contracts with the property owner and homeowners' associations. Management fees from hotels usually include a base fee, which is generally a percentage of hotel revenues, and an incentive fee, which is typically based on a fixed or variable percentage of hotel profits and in some cases may be subject to a stated return threshold to the owner, normally over a one-calendar year period. We recognize base fees as revenue when earned in accordance with the terms of the management agreement. For incentive fees, we recognize those amounts that would be due if the contract was terminated at the financial statement date. Management fees from timeshare properties are generally a fixed percent as stated in the management agreement and are recognized as the services are performed. • Franchise fees represent fees earned in connection with the licensing of one of our hotel brands, usually under long-term contracts with the hotel owner. We charge a monthly franchise royalty fee, generally based on a percentage of room revenue, as well as application and initiation fees for new hotels entering the system. Royalty fees for our full service brands may also include a percentage of gross food and beverage revenues and other revenues, where applicable. We also earn fees when certain franchise agreements are terminated early or there is a change in ownership. Application and initiation fees are recognized when all services and conditions have been substantially performed or satisfied by us, generally upon execution of the agreement. We recognize royalty and other franchise fees as the fees are earned, which is when all material services or conditions have been performed or satisfied. • Other revenues include revenues generated by the incidental support of hotel operations for owned, leased, managed and franchised hotels, including purchasing operations, and other rental income. This includes any revenues received for vendor rebate arrangements we participate in as a manager of hotel and timeshare properties. • Timeshare revenues consist of revenues generated from our Hilton Grand Vacations timeshare business. Timeshare revenues are principally generated from the sale and financing of fee-simple timeshare intervals deeded in perpetuity, developed or acquired either by us or by third parties. Revenue from a deeded timeshare sale is recognized when the customer has executed a binding sales contract, a minimum 10 percent down payment has been received, certain minimum sales thresholds for a timeshare project have been attained, the purchaser’s period to cancel for a refund has expired and the related receivable is deemed to be collectible. We defer revenue recognition for sales that do not meet these criteria. During periods of construction, revenue from timeshare sales is recognized under the percentage-of-completion method. In this case, sales revenue is recognized on a straight-line basis over the term of the lease. Additionally, we receive sales commissions from certain third-party developers that we assist in selling their timeshare inventory. We recognize revenue from commissions on these sales as intervals are sold and we fulfill the service requirements under the respective sales agreements with the developers. Revenue from the financing of timeshare sales is recognized on the accrual method as earned based on the outstanding principal, interest rate and terms stated in each individual financing agreement. We record an estimate of uncollectible accounts as a reduction of sales revenue at the time revenue is recognized on a timeshare interval sale. See the "Financing Receivables" section below for further discussion of the policies applicable to our timeshare financing receivables. We also generate revenues from club enrollment and other fees, rentals of timeshare units, food and beverage sales and other ancillary services at our timeshare properties that are recognized when units are rented or goods and services are delivered or rendered. • Other revenues from managed and franchised properties represent payroll and related costs, certain other operating costs of the managed and franchised properties’ operations, marketing expenses and other expenses associated with our brands and shared services that are contractually reimbursed to us by the property owners or paid from fees collected in advance from these properties when the costs are incurred. The corresponding expenses are presented as other expenses from managed and franchised properties in our consolidated statements of operations, resulting in no effect on operating income (loss) or net income (loss). We are required to collect certain taxes and fees from customers on behalf of government agencies and remit these back to the applicable governmental agencies on a periodic basis. We have a legal obligation to act as a collection agent. We do not retain these taxes and fees and, therefore, they are not included in revenues. We record a liability when the amounts are collected and relieve the liability when payments are made to the applicable taxing authority or other appropriate governmental agency.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include all highly liquid investments with original maturities, when purchased, of three months or less.
Restricted Cash and Cash Equivalents	Restricted Cash and Cash Equivalents Restricted cash and cash equivalents include cash balances established as security for certain guarantees, lender reserves, ground rent and property tax escrows, insurance, deposits for assets we plan to acquire and advance deposits received on timeshare sales that are held in escrow until the contract is closed.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts An allowance for doubtful accounts is provided on accounts receivable when losses are probable based on historical collection activity and current business conditions.
Inventories	Inventories Inventories include unsold, completed timeshare intervals, timeshare intervals under construction and land and infrastructure held for future timeshare interval development at our timeshare properties (collectively, timeshare inventory), as well as hotel inventories consisting of operating supplies that have a period of consumption of one year or less, guest room items and food and beverage items. Timeshare inventory is carried at the lower of cost or estimated fair value less costs to sell, based on the relative sales value. Capital expenditures associated with our timeshare intervals are reflected as inventory until the timeshare intervals are sold. Consistent with industry practice, timeshare inventory is classified as a current asset despite an operating cycle that exceeds 12 months. The majority of sales and marketing costs incurred to sell timeshare intervals are expensed when incurred. Certain direct and incremental selling and marketing costs are deferred on a contract until revenue from the interval sale has been recognized. In accordance with the accounting standards for costs and the initial rental operations of real estate projects, we use the relative sales value method of costing our timeshare sales and relieving inventory. In addition, we continually assess our timeshare inventory and, if necessary, impose pricing adjustments to modify sales pace. It is possible that any future changes in our development and sales strategies could have a material effect on the carrying value of our timeshare inventory and purchase commitments for timeshare inventory. We monitor our projects and inventory on an ongoing basis and complete an evaluation each reporting period to ensure that the inventory and purchase commitments for inventory are at the lower of cost or market. Hotel inventories are generally valued at the lower of cost (using "first-in, first-out", or FIFO) or net realizable value.
Property and Equipment	Property and Equipment Property and equipment are recorded at cost, and interest applicable to major construction or development projects is capitalized. Costs of improvements that extend the economic life or improve service potential are also capitalized. Capitalized costs are depreciated over their estimated useful lives. Costs for normal repairs and maintenance are expensed as incurred. Depreciation is recorded using the straight-line method over the assets’ estimated useful lives, which are generally as follows: buildings and improvements ( 8 to 40 years), furniture and equipment ( 3 to 8 years) and computer equipment ( 3 to 5 years). Leasehold improvements are depreciated over the shorter of the estimated useful life, based on the estimates above, or the lease term. We evaluate the carrying value of our property and equipment if there are indicators of potential impairment. We perform an analysis to determine the recoverability of the asset’s carrying value by comparing the expected undiscounted future cash flows to the net book value of the asset. If it is determined that the expected undiscounted future cash flows are less than the net book value of the asset, the excess of the net book value over the estimated fair value is recorded in our consolidated statements of operations within impairment losses. Fair value is generally estimated using valuation techniques that consider the discounted cash flows of the asset using discount and capitalization rates deemed reasonable for the type of asset, as well as prevailing market conditions, appraisals, recent similar transactions in the market and, if appropriate and available, current estimated net sales proceeds from pending offers. If sufficient information exists to reasonably estimate the fair value of a conditional asset retirement obligation, including environmental remediation liabilities, we recognize the fair value of the obligation when the obligation is incurred, which is generally upon acquisition, construction or development and/or through the normal operation of the asset.
Business Combinations	Business Combinations We consider a business combination to occur when the Company takes control of a business by acquiring its net assets or equity interests. We record the assets acquired, liabilities assumed and noncontrolling interests at fair value as of the acquisition date, including any contingent consideration. We evaluate several factors, including market data for similar assets, expected future cash flows discounted at risk-adjusted rates and replacement cost for the assets to determine an appropriate fair value of the assets. Acquisition-related costs, such as due diligence, legal and accounting fees, are expensed in the period incurred and are not capitalized or applied in determining the fair value of the acquired assets.
Financing Receivables	Financing Receivables We define financing receivables as financing arrangements that represent a contractual right to receive money either on demand or on fixed or determinable dates, which are recognized as an asset in our consolidated balance sheets. We record all financing receivables at amortized cost in current and long-term financing receivables. We recognize interest income as earned and provide an allowance for cancellations and defaults. We have divided our financing receivables into two portfolio segments based on the level of aggregation at which we develop and document a systematic methodology to determine the allowance for loan losses. Based on their initial measurement, risk characteristics and our method for monitoring and assessing credit risk, we have determined the classes of financing receivables to correspond to our identified portfolio segments as follows: • Timeshare financing receivables comprise loans related to our financing of timeshare interval sales and secured by the underlying timeshare properties. We determine our timeshare financing receivables to be past due based on the contractual terms of the individual mortgage loans. We recognize interest income on our timeshare financing receivables as earned. The interest rate charged on the notes correlates to the risk profile of the borrower at the time of purchase and the percentage of the purchase that is financed, among other factors. We monitor the credit quality of our receivables on an ongoing basis. We evaluate this portfolio collectively for uncollectibility, since we hold a large group of homogeneous timeshare financing receivables, which are individually immaterial. There are no significant concentrations of credit risk with any individual counterparty or groups of counterparties. We use a technique referred to as static pool analysis as the basis for determining our general reserve requirements on our timeshare financing receivables. The adequacy of the related allowance for loan loss is determined by management through analysis of several factors, such as current economic conditions and industry trends, as well as the specific risk characteristics of the portfolio including assumed default rates, aging and historical write-offs of these receivables. The allowance for loan loss is maintained at a level deemed adequate by management based on a periodic analysis of the mortgage portfolio. Once a note is 90 days past due or is determined to be uncollectible prior to 90 days past due, we cease accruing interest and reverse the accrued interest recognized up to that point. We apply payments we receive for loans, including those in non-accrual status, to amounts due in the following order: servicing fees, late charges, interest and principal. We resume interest accrual for loans for which we had previously ceased accruing interest once the loan is less than 90 days past due. We fully reserve for a timeshare financing receivable in the month following the date that the loan is 120 days past due and, subsequently, we write off the uncollectible note against the reserve once the foreclosure process is complete and we receive the deed for the foreclosed unit. • Other financing receivables primarily comprise individual loans and other types of unsecured financing arrangements provided to hotel owners. We individually assess all financing receivables in this portfolio for collectibility and impairment. We measure loan impairment based on the present value of expected future cash flows discounted at the loan’s effective interest rate. For impaired loans, we establish a specific impairment reserve for the difference between the recorded investment in the loan and the present value of the expected future cash flows. We do not recognize interest income on unsecured financing to hotel owners for notes that are greater than 90 days past due and only resume interest recognition if the financing receivable becomes current. We fully reserve unsecured financing to hotel owners when we determine that the receivables are uncollectible and when all commercially reasonable means of recovering the receivable balances have been exhausted.
Investments in Affiliates	Investments in Affiliates We hold investments in affiliates that primarily own or lease hotels under one of our distinct hotel brands. If we do not have a controlling financial interest in the entity, we account for the investment using the equity or cost method. We account for investments using the equity method when we have the ability to exercise significant influence over the entity, typically through a more than minimal investment. Investments in affiliates where we own less than a minimal investment and are not able to exercise significant influence are accounted for under the cost method. Our proportionate share of earnings (losses) from our equity method investments is presented as equity in earnings (losses) from unconsolidated affiliates in our consolidated statements of operations. Distributions from investments in unconsolidated entities are presented as an operating activity in our consolidated statements of cash flows when such distributions are a return on investment. Distributions from unconsolidated affiliates are recorded as an investing activity in our consolidated statements of cash flows when such distributions are a return of investment. We assess the recoverability of our equity method and cost method investments if there are indicators of potential impairment. If an identified event or change in circumstances requires an evaluation to determine if an investment may have an other-than-temporary impairment, we assess the fair value of the investment based on accepted valuation methodologies, which include discounted cash flows, estimates of sales proceeds and external appraisals. If an investment’s fair value is below its carrying value and the decline is considered to be other-than-temporary, we will recognize an impairment loss in equity in earnings (losses) from unconsolidated affiliates for equity method investments or impairment losses for cost method investments in our consolidated statements of operations. In connection with the October 24, 2007 transaction whereby we became a wholly owned subsidiary of an affiliate of Blackstone (the "Merger"), we recorded our equity method investments at their estimated fair value, which resulted in an increase to our historical basis in those entities, primarily as a result of an increase in the fair value of the real estate assets of the investee entities. The basis difference is being amortized as a component of equity in earnings (losses) from unconsolidated affiliates over a period of approximately 40 years.
Goodwill	Goodwill Goodwill represents the future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized. We do not amortize goodwill, but rather evaluate goodwill for potential impairment on an annual basis or at other times during the year if events or circumstances indicate that it is more likely than not that the fair value of a reporting unit is below the carrying amount. As part of the Merger, we recorded goodwill representing the excess purchase price over the fair value of the other identified assets and liabilities. We evaluate goodwill for potential impairment by comparing the carrying value of our reporting units to their fair value. Our reporting units are the same as our operating segments as described in Note 23 : " Business Segments ." We perform this evaluation annually or at an interim date if indicators of impairment exist. In any year we may elect to perform a qualitative assessment to determine whether it is more likely than not that the fair value of a reporting unit is in excess of its carrying value. If we cannot determine qualitatively that the fair value is in excess of the carrying value, or we decide to bypass the qualitative assessment, we proceed to the two-step quantitative process. In the first step, we determine the fair value of each of our reporting units. The valuation is based on internal projections of expected future cash flows and operating plans, as well as market conditions relative to the operations of our reporting units. If the estimated fair value of the reporting unit exceeds its carrying amount, goodwill of the reporting unit is not impaired and the second step of the impairment test is not necessary. However, if the carrying amount of a reporting unit exceeds its estimated fair value, then the second step must be performed. In the second step, we estimate the implied fair value of goodwill, which is determined by taking the fair value of the reporting unit and allocating it to all of its assets and liabilities (including any unrecognized intangible assets) as if the reporting unit had been acquired in a business combination. If the carrying amount of the reporting unit’s goodwill exceeds the implied fair value of that goodwill, the excess is recognized within impairment losses in our consolidated statements of operations.
Brands	Brands We own, operate and franchise hotels under our portfolio of brands. There are no legal, regulatory, contractual, competitive, economic or other factors that limit the useful lives of these brands and, accordingly, the useful lives of these brands are considered to be indefinite. Our hotel brand portfolio includes Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Tru by Hilton, Homewood Suites by Hilton and Home2 Suites by Hilton. In addition, we also develop and operate timeshare properties under our Hilton Grand Vacations brand. At the time of the Merger, our brands were assigned a fair value based on a common valuation technique known as the relief from royalty approach. Canopy by Hilton, Curio - A Collection by Hilton, Tru by Hilton and Home2 Suites by Hilton were launched post-Merger and, as such, they were not assigned fair values. We evaluate our brands for impairment on an annual basis or at other times during the year if events or circumstances indicate that it is more likely than not that the fair value of the brand is below the carrying value. If we cannot determine qualitatively that the fair value is in excess of the carrying value, or we decide to bypass the qualitative assessment, we proceed to the two-step quantitative process. If a brand’s estimated current fair value is less than its respective carrying value, the excess of the carrying value over the estimated fair value is recognized in our consolidated statements of operations within impairment losses.
Intangible Assets, Finite-Lived	Intangible Assets with Finite Useful Lives We have certain finite lived intangible assets that were initially recorded at their fair value at the time of the Merger. These intangible assets consist of management agreements, franchise contracts, leases, certain proprietary technologies and our guest loyalty program, Hilton Honors. Additionally, we capitalize direct and incremental management and franchise contract acquisition costs as finite-lived intangible assets. Intangible assets with finite useful lives are amortized using the straight-line method over their respective estimated useful lives. We capitalize costs incurred to develop internal-use computer software and costs to acquire software licenses. Internal and external costs incurred in connection with development of upgrades or enhancements that result in additional functionality are also capitalized. These capitalized costs are amortized on a straight-line basis over the estimated useful life of the software. These capitalized costs are recorded in other intangible assets in our consolidated balance sheets. We review all finite lived intangible assets for impairment when circumstances indicate that their carrying amounts may not be recoverable. If the carrying value of an asset group is not recoverable, we recognize an impairment loss for the excess of carrying value over the fair value in our consolidated statements of operations.
Hilton HHonors	Hilton Honors Hilton Honors is a guest loyalty program provided to hotels and timeshare properties. Nearly all of our owned, leased, managed and franchised hotels and timeshare properties participate in the Hilton Honors program. Hilton Honors members earn points based on their spending at our participating hotels and timeshare properties and through participation in affiliated partner programs. When points are earned by Hilton Honors members, the property or affiliated partner pays Hilton Honors based on an estimated cost per point for the costs of operating the program, which include marketing, promotion, communication, administration and the estimated cost of award redemptions. Hilton Honors member points are accumulated and may be redeemed for the right to stay at participating properties, as well as for other goods and services from third parties, including, but not limited to, airlines, car rentals, cruises, vacation packages, shopping and dining. We provide Hilton Honors as a marketing program to participating hotels and timeshare properties, with the objective of operating the program on a break-even basis to us. Hilton Honors records a liability related to revenue received from participating hotels and program partners in an amount equal to the estimated cost per point of the future redemption obligation. We engage outside actuaries to assist in determining the fair value of the future award redemption obligation using statistical formulas that project future point redemptions based on factors that include historical experience, an estimate of "breakage" (points that will never be redeemed), an estimate of the points that will eventually be redeemed and the cost of reimbursing hotels and other third parties in respect to other redemption opportunities available to members. Revenue is recognized by participating hotels and resorts only when points that have been redeemed for hotel stay certificates are used by members or their designees at the respective properties. Additionally, when members of the Hilton Honors loyalty program redeem award certificates at our owned and leased hotels, we recognize room revenue, included in owned and leased hotels revenues in our consolidated statements of operations.
Fair Value Measurement	Fair Value Measurements - Valuation Hierarchy Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date (an exit price). We use the three-level valuation hierarchy for classification of fair value measurements. The valuation hierarchy is based upon the transparency of inputs to the valuation of an asset or liability as of the measurement date. Inputs refer broadly to the assumptions that market participants would use in pricing an asset or liability. Inputs may be observable or unobservable. Observable inputs are inputs that reflect the assumptions market participants would use in pricing the asset or liability developed based on market data obtained from independent sources. Unobservable inputs are inputs that reflect our own assumptions about the data market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The three-tier hierarchy of inputs is summarized below: • Level 1 - Valuation is based upon quoted prices (unadjusted) for identical assets or liabilities in active markets. • Level 2 - Valuation is based upon quoted prices for similar assets and liabilities in active markets, or other inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the instrument. • Level 3 - Valuation is based upon other unobservable inputs that are significant to the fair value measurement. The classification of assets and liabilities within the valuation hierarchy is based upon the lowest level of input that is significant to the fair value measurement in its entirety. Proper classification of fair value measurements within the valuation hierarchy is considered each reporting period. The use of different market assumptions or estimation methods may have a material effect on the estimated fair value amounts.
Derivative Instruments	Derivative Instruments We use derivative instruments as part of our overall strategy to manage our exposure to market risks associated with fluctuations in interest rates and foreign currency exchange rates. We regularly monitor the financial stability and credit standing of the counterparties to our derivative instruments. Under the terms of certain loan agreements, we are required to maintain derivative financial instruments to manage interest rates. We do not enter into derivative financial instruments for trading or speculative purposes. We record all derivatives at fair value. On the date the derivative contract is entered, we may designate the derivative as one of the following: a hedge of a forecasted transaction or the variability of cash flows to be paid ("cash flow hedge"), a hedge of the fair value of a recognized asset or liability ("fair value hedge") or a hedge of our foreign currency exposure ("net investment hedge"). Changes in the fair value of a derivative that is qualified, designated and highly effective as a cash flow hedge or net investment hedge are recorded in other comprehensive income (loss) in the consolidated statements of comprehensive income (loss) until they are reclassified into earnings in the same period or periods during which the hedged transaction affects earnings. Changes in the fair value of a derivative that is qualified, designated and highly effective as a fair value hedge, along with the gain or loss on the hedged asset or liability that is attributable to the hedged risk, are recorded in current period earnings. If we do not specifically designate a derivative as one of the above, changes in the fair value of undesignated derivative instruments are reported in current period earnings. Likewise, the ineffective portion of designated derivative instruments are reported in current period earnings. Cash flows from designated derivative financial instruments are classified within the same category as the item being hedged in the consolidated statements of cash flows. Cash flows from undesignated derivative financial instruments are included as an investing activity in our consolidated statements of cash flows. If we determine that we qualify for and will designate a derivative as a hedging instrument, at the designation date we formally document all relationships between hedging activities, including the risk management objective and strategy for undertaking various hedge transactions. This process includes matching all derivatives that are designated as cash flow hedges to specific forecasted transactions, linking all derivatives designated as fair value hedges to specific assets and liabilities in our consolidated balance sheets and determining the foreign currency exposure of the net investment of the foreign operation for a net investment hedge. On a quarterly basis, we assess the effectiveness of our designated hedges in offsetting the variability in the cash flows or fair values of the hedged assets or obligations using the Hypothetical Derivative Method. This method compares the cumulative change in fair value of each hedging instrument to the cumulative change in fair value of a hypothetical hedging instrument, which has terms that identically match the critical terms of the respective hedged transactions. Thus, the hypothetical hedging instrument is presumed to perfectly offset the hedged cash flows. Ineffectiveness results when the cumulative change in the fair value of the hedging instrument exceeds the cumulative change in the fair value of the hypothetical hedging instrument. We discontinue hedge accounting prospectively, when the derivative is not highly effective as a hedge, the underlying hedged transaction is no longer probable, or the hedging instrument expires, is sold, terminated or exercised.
Currency Translation	Currency Translation The United States dollar ("USD") is our reporting currency and is the functional currency of our consolidated and unconsolidated entities operating in the U.S. The functional currency for our consolidated and unconsolidated entities operating outside of the U.S. is the currency of the primary economic environment in which the respective entity operates. Assets and liabilities measured in foreign currencies are translated into USD at the prevailing exchange rates in effect as of the financial statement date and the related gains and losses, net of applicable deferred income taxes, are reflected in accumulated other comprehensive income (loss) in our consolidated balance sheets. Income and expense accounts are translated at the average exchange rate for the period. Gains and losses from foreign exchange rate changes related to transactions denominated in a currency other than an entity's functional currency or intercompany receivables and payables denominated in a currency other than an entity’s functional currency that are not of a long-term investment nature are recognized as gain (loss) on foreign currency transactions in our consolidated statements of operations. Where certain specific evidence indicates intercompany receivables and payables will not be settled in the foreseeable future and are of a long-term nature, gains and losses from foreign exchange rate changes are recognized as other comprehensive income (loss) in our consolidated statements of comprehensive income (loss).
Insurance	Insurance We are self-insured for losses up to our third-party insurance deductibles for general liability, auto liability and workers' compensation at our owned, leased and managed properties that participate in our programs. We purchase insurance coverage for claim amounts that exceed our deductible obligations. In addition, through our captive insurance subsidiary, we participate in a reinsurance arrangement that provides coverage for a certain portion of our deductibles . Our insurance reserves are accrued based on our deductibles related to the estimated ultimate cost of claims that occurred during the covered period, which includes claims incurred but not reported, for which we will be responsible. These estimates are prepared with the assistance of outside actuaries and consultants. The ultimate cost of claims for a covered period may differ from our original estimates.
Share-based Compensation	Share-based Compensation As part of our 2013 Omnibus Incentive Plan (the "Stock Plan"), which was adopted on December 11, 2013, we award time-vesting restricted stock units ("RSUs"), nonqualified stock options ("options"), performance-vesting restricted stock units and restricted stock (collectively, "performance shares") and deferred share units ("DSUs") to eligible employees and directors. • RSUs generally vest in annual installments over two or three years from the date of grant. Vested RSUs generally will be settled for our common stock, with the exception of certain awards that will be settled in cash. The grant date fair value is equal to the closing stock price on the date of grant. • Options vest over three years in equal annual installments from the date of grant and will terminate 10 years from the date of grant or earlier if the individual’s service terminates. The exercise price is equal to the closing price of the Company’s common stock on the date of grant. The grant date fair value is estimated using the Black-Scholes-Merton Model. • Performance shares are settled at the end of a three-year performance period with 50 percent of the shares subject to achievement based on a measure of (1) the Company’s total shareholder return relative to the total shareholder return of members of a peer company group ("relative shareholder return") and the other 50 percent of the shares subject to achievement based on (2) the Company’s earnings before interest expense, income tax and depreciation and amortization ("EBITDA") compound annual growth rate ("EBITDA CAGR"). The total number of performance shares that vest based on each performance measure (relative shareholder return and EBITDA CAGR) is based on an achievement factor that in each case, ranges from a zero to 200 percent payout. The grant date fair value of the relative shareholder return awards is estimated using the Monte Carlo Simulation, and the grant date fair value for the EBITDA CAGR awards is equal to the closing stock price on the date of grant. • DSUs are issued to our independent directors and are fully vested and non-forfeitable on the date of grant. DSUs are settled for shares of our common stock, which are deliverable upon the earlier of termination of the individual's service on our board of directors or a change in control. The grant date fair value is equal to the closing stock price on the date of grant. We recognize the cost of services received in these share-based payment transactions with employees as services are received and recognize either a corresponding increase in additional paid-in capital or accounts payable, accrued expenses and other in our consolidated balance sheets, depending on whether the instruments granted satisfy the equity or liability classification criteria. The measurement objective for these equity awards is the estimated fair value at the grant date of the equity instruments that we are obligated to issue when employees have rendered the requisite service and satisfied any other conditions necessary to earn the right to benefit from the instruments. The compensation expense for an award classified as an equity instrument is recognized ratably over the requisite service period, including an estimate of forfeitures. The requisite service period is the period during which an employee is required to provide service in exchange for an award. Liability awards are measured based on the award’s fair value, and the fair value is remeasured at each reporting date until the date of settlement. Compensation expense for each period until settlement is based on the change (or a portion of the change, depending on the percentage of the requisite service that has been rendered at the reporting date) in the fair value of the instrument for each reporting period, including an estimate of forfeitures. Forfeiture rates are estimated based on historical employee terminations for each grant cycle. Compensation expense for awards with performance conditions is recognized over the requisite service period if it is probable that the performance condition will be satisfied. If such performance conditions are not considered probable until they occur, no compensation expense for these awards is recognized.
Income Taxes	Income Taxes We account for income taxes using the asset and liability method. The objectives of accounting for income taxes are to recognize the amount of taxes payable or refundable for the current year, to recognize the deferred tax assets and liabilities that relate to tax consequences in future years, which result from differences between the respective tax basis of assets and liabilities and their financial reporting amounts, and tax loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which the respective temporary differences or operating loss or tax credit carryforwards are expected to be recovered or settled. The realization of deferred tax assets and tax loss and tax credit carryforwards is contingent upon the generation of future taxable income and other restrictions that may exist under the tax laws of the jurisdiction in which a deferred tax asset exists. Valuation allowances are provided to reduce such deferred tax assets to amounts more likely than not to be ultimately realized. We use a prescribed recognition threshold for the financial statement recognition and measurement of a tax position taken in a tax return. For all income tax positions, we first determine whether it is "more-likely-than-not" that a tax position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. If it is determined that a position meets the more-likely-than-not recognition threshold, the benefit recognized in the financial statements is measured as the largest amount of benefit that is greater than 50 percent likely of being realized upon settlement.
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
ASU 2016-15 and ASU 2016-18 Statement of Cash Flows	In August 2016, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2016-15 ("ASU 2016-15"), Statement of Cash Flows (Topic 230) - Classification of Certain Cash Receipts and Cash Payments. This ASU addresses eight specific cash flow issues with the objective of reducing the existing diversity in practice. In November 2016, the FASB issued ASU No. 2016-18 ("ASU 2016-18"), Statement of Cash Flows (Topic 230) - Restricted Cash . This ASU requires amounts generally described as restricted cash and restricted cash equivalents to be included with cash and cash equivalents when reconciling beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The provisions of both ASUs are effective for reporting periods beginning after December 15, 2017 and are to be applied retrospectively; early adoption is permitted. We elected, as permitted by the standards, to early adopt ASU 2016-15 and ASU 2016-18 in the fourth quarter of 2016, and we restated all prior periods presented in the consolidated statements of cash flows. The adoption of ASU 2016-15 did not have a material effect on our consolidated financial statements. The effect of the adoption of ASU 2016-18 on our consolidated statements of cash flows was to include restricted cash and restricted cash equivalents balances in the beginning and end of period balances of cash, restricted cash and cash equivalents. The change in restricted cash and restricted cash equivalents was previously disclosed in operating activities, investing activities and financing activities in the consolidated statements of cash flows.
ASU 2015-03 and ASU 2015-15 Presentation of Debt Issuance Costs	In April 2015, the FASB issued ASU No. 2015-03 ("ASU 2015-03"), Interest - Imputation of Interest (Subtopic 835-30) - Simplifying the Presentation of Debt Issuance Costs. This ASU requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the debt liability rather than as an asset, which is consistent with the presentation of debt discounts and premiums. In August 2015, the FASB issued ASU No. 2015-15 ("ASU 2015-15"), Interest - Imputation of Interest (Subtopic 835-30) - Presentation and Subsequent Measurement of Debt Issuance Costs Associated with Line-of-Credit Arrangements , which clarifies that, absent authoritative guidance in ASU 2015-03 for debt issuance costs related to line-of-credit arrangements, the staff of the SEC would not object to an entity deferring and presenting debt issuance costs as an asset and subsequently amortizing the deferred debt issuance costs ratably over the term of the line-of-credit arrangement, regardless of whether there are any outstanding borrowings on the line-of-credit arrangement. We adopted ASU 2015-03 and ASU 2015-15 retrospectively as of January 1, 2016. As a result, approximately $94 million of debt issuance costs that were previously presented in other non-current assets as of December 31, 2015 are now included within long-term debt and timeshare debt. We elected to continue presenting the debt issuance costs related to our line-of-credit arrangements within other non-current assets.
ASU 2015-02 Consolidation	In February 2015, the FASB issued ASU No. 2015-02 ("ASU 2015-02"), Consolidation (Topic 810) - Amendments to the Consolidation Analysis . This ASU modifies existing consolidation guidance for reporting organizations that are required to evaluate whether they should consolidate certain legal entities. All legal entities are subject to reevaluation under the revised consolidation model. We elected, as permitted by the standard, to adopt ASU 2015-02 as of January 1, 2016 using a modified retrospective approach by recording a cumulative-effect adjustment to equity as of January 1, 2016 of approximately $5 million . Additionally, certain consolidated entities that were not previously considered VIEs prior to the adoption of ASU 2015-02 were considered to be VIEs for which we are the primary beneficiary and continue to be consolidated following adoption; prior period VIE disclosures do not include the balances or activity associated with these VIEs.
ASU 2016-02 Leases	In February 2016, the FASB issued ASU No. 2016-02 ("ASU 2016-02"), Leases (Topic 842) , which supersedes existing guidance on accounting for leases in Leases (Topic 840) and generally requires all leases, including operating leases, to be recognized in the statement of financial position as right-of-use assets and lease liabilities by lessees. The provisions of ASU 2016-02 are to be applied using a modified retrospective approach and are effective for reporting periods beginning after December 15, 2018; early adoption is permitted. We are currently evaluating the effect that this ASU will have on our consolidated financial statements, but we expect this ASU to have a material effect on our consolidated balance sheet.
ASU 2014-09 and Related ASUs Revenue Recognition	In May 2014, the FASB issued ASU No. 2014-09 ("ASU 2014-09"), Revenue from Contracts with Customers (Topic 606) . This ASU supersedes the revenue recognition requirements in Revenue Recognition (Topic 605) and requires entities to recognize revenue when a customer obtains control of promised goods or services and is recognized in an amount that reflects the consideration the entity expects to receive in exchange for those goods or services. Subsequent to ASU 2014-09, the FASB has issued several related ASUs. The provisions of ASU 2014-09 and the related ASUs will be effective for us beginning January 1, 2018, and adoption as of the original effective date of January 1, 2017 is permitted. We will not early adopt the new standard. This ASU permits two transition approaches: retrospective or modified retrospective. We are still evaluating our transition approach and expect to reach a decision in early 2017. We anticipate that ASU 2014-09 will have a material effect on our consolidated financial statements. However, we expect revenue recognition related to our accounting for ongoing royalty and management fee revenues and direct reimbursable fees from our management and franchise agreements and hotel guest transactions at our owned and leased hotels to remain substantially unchanged. While we are continuing to assess all other potential effects of the standard, we currently believe the provisions of ASU 2014-09 will affect revenue recognition as follows: (i) application and initiation fees for new hotels entering the system will be recognized over the term of the franchise agreement; (ii) certain contract acquisition costs related to our management and franchise agreements will be recognized over the term of the agreements as a reduction to revenue; and (iii) incentive management fees will be recognized to the extent that it is probable that a significant reversal will not occur as a result of future hotel profits or cash flows. We do not expect the changes in revenue recognition for certain contract acquisition costs or incentive management fees to affect the Company’s net income for any full year period. We are currently assessing the effect of the standard on indirect reimbursable fees related to our management and franchise agreements and the accounting for our guest loyalty program. We continue to update our assessment of the effect that ASU 2014-09 and related ASUs will have on our consolidated financial statements, and we will disclose further material effects, if any, when known.

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2015
Acquisitions Disclosure [Abstract]
Earnings from Acquired Businesses	The results of operations from these properties included in the consolidated statement of operations for the year ended December 31, 2015 were as follows: (in millions) Total revenues $ 316 Income before income taxes 58

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Schedule of Inventory, Current	Inventories were as follows: December 31, 2016 2015 (in millions) Timeshare $ 517 $ 420 Hotel 24 22 $ 541 $ 442

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and equipment were as follows: December 31, 2016 2015 (in millions) Land $ 3,396 $ 3,486 Buildings and leasehold improvements 6,423 6,410 Furniture and equipment 1,295 1,263 Construction-in-progress 105 80 11,219 11,239 Accumulated depreciation (2,289 ) (2,120 ) $ 8,930 $ 9,119

Financing Receivables (Tables)

Financing Receivables (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Schedule of Financing Receivables	Financing receivables were as follows: December 31, 2016 Securitized Timeshare Unsecuritized Timeshare (1) Other Total (in millions) Financing receivables $ 204 $ 795 $ 68 $ 1,067 Less: allowance for loan loss (7 ) (97 ) — (104 ) 197 698 68 963 Current portion of financing receivables 49 103 2 154 Less: allowance for loan loss (2 ) (14 ) — (16 ) 47 89 2 138 Total financing receivables $ 244 $ 787 $ 70 $ 1,101 December 31, 2015 Securitized Timeshare Unsecuritized Timeshare (1) Other Total (in millions) Financing receivables $ 309 $ 632 $ 39 $ 980 Less: allowance for loan loss (14 ) (79 ) — (93 ) 295 553 39 887 Current portion of financing receivables 58 83 1 142 Less: allowance for loan loss (3 ) (10 ) — (13 ) 55 73 1 129 Total financing receivables $ 350 $ 626 $ 40 $ 1,016 ____________ (1) Included in this balance, we had $509 million and $163 million of gross timeshare financing receivables securing our revolving non-recourse timeshare financing receivables credit facility (the "Timeshare Facility"), as of December 31, 2016 and 2015 , respectively.
Schedule of Maturities of Timeshare Financing Receivables	Our timeshare financing receivables as of December 31, 2016 mature as follows: Securitized Timeshare Unsecuritized Timeshare Year (in millions) 2017 $ 49 $ 103 2018 48 84 2019 45 89 2020 41 93 2021 33 96 Thereafter 37 433 253 898 Less: allowance for loan loss (9 ) (111 ) $ 244 $ 787
Aged Analysis of Gross TImeshare Financing Receivables	The following table details an aged analysis of our gross timeshare financing receivables balance: December 31, 2016 2015 (in millions) Current $ 1,099 $ 1,035 30 - 89 days past due 14 15 90 - 119 days past due 6 4 120 days and greater past due 32 28 $ 1,151 $ 1,082
Allowance for Uncollectible Timeshare Financing Receivables	The changes in our allowance for loan loss were as follows: (in millions) Balance as of December 31, 2013 $ 92 Write-offs (30 ) Provision for loan loss 34 Balance as of December 31, 2014 96 Write-offs (29 ) Provision for loan loss 39 Balance as of December 31, 2015 106 Write-offs (35 ) Provision for loan loss 49 Balance as of December 31, 2016 $ 120

Investments in Affiliates (Tabl

Investments in Affiliates (Tables)	12 Months Ended
	Dec. 31, 2016
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Schedule of Investments in Affiliates	Investments in affiliates were as follows: December 31, 2016 2015 (in millions) Equity investments $ 105 $ 129 Other investments 9 9 $ 114 $ 138

Consolidated Variable Interes46

Consolidated Variable Interest Entities (Tables)	12 Months Ended
	Dec. 31, 2016
Variable Interest Entity, Primary Beneficiary, Does Not Hold Majority Voting Interest, Disclosures [Abstract]
Schedule of Variable Interest Entities	Our consolidated balance sheets included the assets and liabilities of these entities, which primarily comprised the following: December 31, 2016 2015 (in millions) Cash and cash equivalents $ 64 $ 46 Restricted cash and cash equivalents 30 15 Accounts receivable, net 19 19 Property and equipment, net 260 72 Financing receivables, net 244 350 Deferred income tax assets 58 62 Other non-current assets 53 52 Accounts payable, accrued expenses and other 40 35 Long-term debt 418 219 Timeshare debt 244 353 Deferred income tax liabilities 53 1

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Goodwill	Our goodwill balances, by reporting unit, were as follows: Ownership Management and Franchise Total (in millions) Goodwill $ 4,552 $ 5,129 $ 9,681 Accumulated impairment losses (3,527 ) — (3,527 ) Balance as of December 31, 2014 1,025 5,129 6,154 Dispositions of business (1) (221 ) — (221 ) Foreign currency translation (4 ) (42 ) (46 ) Goodwill 3,575 5,087 8,662 Accumulated impairment losses (2,775 ) — (2,775 ) Balance as of December 31, 2015 800 5,087 5,887 Foreign currency translation (12 ) (53 ) (65 ) Goodwill 3,563 5,034 8,597 Accumulated impairment losses (2,775 ) — (2,775 ) Balance as of December 31, 2016 $ 788 $ 5,034 $ 5,822 ____________ (1) In connection with the sales of the Waldorf Astoria New York and the Hilton Sydney, goodwill was reduced by $973 million and accumulated impairment losses was reduced by $752 million .
Schedule of Other Intangible Assets	Intangible assets were as follows: December 31, 2016 Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in millions) Amortizing Intangible Assets: Management and franchise agreements $ 2,653 $ (1,634 ) $ 1,019 Leases 348 (158 ) 190 Capitalized software 555 (391 ) 164 Hilton Honors 335 (192 ) 143 Other 42 (32 ) 10 $ 3,933 $ (2,407 ) $ 1,526 Non-amortizing Intangible Assets: Brands $ 4,848 $ — $ 4,848 December 31, 2015 Gross Carrying Amount Accumulated Amortization Net Carrying Amount (in millions) Amortizing Intangible Assets: Management and franchise agreements $ 2,616 $ (1,467 ) $ 1,149 Leases 390 (156 ) 234 Capitalized software 468 (293 ) 175 Hilton Honors 341 (174 ) 167 Other 38 (28 ) 10 $ 3,853 $ (2,118 ) $ 1,735 Non-amortizing Intangible Assets: Brands $ 4,919 $ — $ 4,919
Schedule of Future Amortization Expense of Other Intangible Assets	We estimate our future amortization expense for our amortizing intangible assets to be as follows: Year (in millions) 2017 $ 302 2018 282 2019 259 2020 208 2021 81 Thereafter 394 $ 1,526

Accounts Payable, Accrued Exp48

Accounts Payable, Accrued Expenses and Other (Tables)	12 Months Ended
	Dec. 31, 2016
Payables and Accruals [Abstract]
Accounts Payable, Accrued Expenses and Other	Accounts payable, accrued expenses and other were as follows: December 31, 2016 2015 (in millions) Accrued employee compensation and benefits $ 584 $ 475 Accounts payable 381 331 Liability for guest loyalty program, current 543 494 Deposit liabilities 218 212 Deferred revenues, current 65 65 Insurance reserves, current 99 90 Other accrued expenses 563 539 $ 2,453 $ 2,206

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Long-term Debt	Long-term debt balances, including obligations for capital leases, and associated interest rates as of December 31, 2016 , as well as issuances and repayments related to financing transactions that occurred during the year ended December 31, 2016 were as follows: December 31, 2016 December 31, 2015 Interest Rate (1) Balance Issuances Repayments Balance (%) (in millions) Senior notes due 2021 5.625 $ 1,500 $ — $ — $ 1,500 Senior notes due 2024 (2) 4.25 1,000 1,000 — — Senior notes due 2024 (3) 6.125 300 300 — — Senior secured term loan facility due 2020 3.50 750 — (250 ) 1,000 Senior secured term loan facility due 2023 (4) 3.26 3,209 — (16 ) 3,225 Senior secured term loan facility due 2021 (3) 2.94 200 200 — — Senior unsecured term loan facility due 2021 (5) 2.22 750 750 — — Commercial mortgage-backed securities loan due 2018 N/A — — (3,418 ) 3,418 Commercial mortgage-backed securities loans due 2023 to 2026 (5) 4.17 2,000 2,000 — — Mortgage loan due 2018 N/A — — (450 ) 450 Mortgage loan due 2026 (5) 4.17 165 165 (104 ) 104 Other mortgage loans and other property debt due 2017 to 2022 (6) 2.95 63 62 Other unsecured notes due 2017 7.50 54 54 Capital lease obligations due 2018 to 2094 6.38 242 245 10,233 10,058 Less: unamortized deferred financing costs and discounts (115 ) (107 ) Less: current maturities of long-term debt (7) (98 ) (94 ) $ 10,020 $ 9,857 ____________ (1) Weighted average rate, where applicable. (2) Issued by Hilton. (3) Issued by HGV. (4) This term loan was amended during the year ended December 31, 2016, as discussed under "Senior Credit Facilities" below. (5) Issued by Park. (6) For mortgage loans with maturity date extensions that are solely at our option, we assumed they were exercised. (7) Net of unamortized deferred financing costs and discounts attributable to current maturities of long-term debt.
Timeshare Debt	Timeshare debt balances and associated interest rates as of December 31, 2016 were as follows: December 31, 2016 2015 (in millions) Timeshare Facility with a rate of 1.96%, due 2019 $ 450 $ 150 Securitized Timeshare Debt with an average rate of 1.97%, due 2026 246 356 696 506 Less: unamortized portion of deferred financing costs (2 ) (4 ) Less: current maturities of timeshare debt (73 ) (110 ) $ 621 $ 392
Debt Maturities	The contractual maturities of our debt as of December 31, 2016 were as follows: Long-term Debt Timeshare Debt Year (in millions) 2017 $ 105 $ 74 2018 60 50 2019 57 486 2020 820 47 2021 2,460 39 Thereafter (1) 6,731 — $ 10,233 $ 696 ____________ (1) We assumed all extensions that are solely at our option for purposes of calculating maturity dates.

Deferred Revenues (Tables)

Deferred Revenues (Tables)	12 Months Ended
	Dec. 31, 2016
Deferred Revenue Disclosure [Abstract]
Schedule of Deferred Revenues	Deferred revenues were as follows: December 31, 2016 2015 (in millions) Hilton Honors points sales (1) $ 29 $ 233 Other 35 50 $ 64 $ 283 ____________ (1) In 2013, we sold Hilton Honors points to issuers of Hilton Honors co-branded credit cards and recorded deferred revenue upon receipt of the cash. The deferred revenue balance is reduced and revenue is recognized as the issuers use the points for promotions, rewards and incentive programs and certain other activities.

Other Liabilities (Tables)

Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Other Liabilities Disclosure [Abstract]
Other Noncurrent Liabilities	Other long-term liabilities were as follows: December 31, 2016 2015 (in millions) Program surplus $ 446 $ 420 Pension obligations 215 183 Other long-term tax liabilities 482 295 Deferred employee compensation and benefits 117 173 Insurance reserves 131 87 Other 118 124 $ 1,509 $ 1,282

Derivative Instruments and He52

Derivative Instruments and Hedging Activities (Tables)	12 Months Ended
	Dec. 31, 2016
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Fair Value of Derivative Instruments	The fair values of our derivative instruments in our consolidated balance sheets were as follows: December 31, Balance Sheet Classification 2016 2015 (in millions) Cash Flow Hedges: Interest rate swaps Other liabilities N/A $ 15 Non-designated Hedges: Interest rate swaps Other liabilities $ 12 N/A Forward contracts Other current assets 3 1 Forward contracts Accounts payable, accrued expenses and other 4 1
Earnings Effect of Derivative Instruments	The amounts of gain (loss) recognized in our consolidated statements of operations and consolidated statements of comprehensive income before any effect for income taxes were as follows: Year Ended December 31, Classification of Gain (Loss) Recognized 2016 2015 2014 (in millions) Cash Flow Hedges: Interest rate swaps (1) Other comprehensive loss $ (7 ) $ (11 ) $ (14 ) Non-designated Hedges: Interest rate swaps Other gain (loss), net 4 N/A N/A Interest rate swaps (2) Interest expense 4 N/A N/A Forward contracts Gain (loss) on foreign currency transactions 7 11 1 ____________ (1) There were no amounts recognized in earnings related to hedge ineffectiveness or amounts excluded from hedge effectiveness testing during the years ended December 31, 2016 , 2015 and 2014 . (2) The amount recognized during the year ended December 31, 2016 is related to the dedesignation of these instruments as cash flow hedges and was reclassified from accumulated other comprehensive loss as the underlying transactions occurred.

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	The fair value of certain financial instruments and the hierarchy level we used to estimate fair values are shown below: December 31, 2016 Hierarchy Level Carrying Value Level 1 Level 2 Level 3 (in millions) Assets: Cash equivalents $ 958 $ — $ 958 $ — Restricted cash equivalents 11 — 11 — Timeshare financing receivables (1) 1,031 — — 1,153 Liabilities: Long-term debt (2)(3) 9,843 2,886 — 7,152 Timeshare debt (3) 694 — — 696 Interest rate swaps 12 — 12 — December 31, 2015 Hierarchy Level Carrying Value Level 1 Level 2 Level 3 (in millions) Assets: Cash equivalents $ 327 $ — $ 327 $ — Restricted cash equivalents 18 — 18 — Timeshare financing receivables (1) 976 — — 1,080 Liabilities: Long-term debt (2)(3) 9,673 1,619 — 8,267 Timeshare debt (3) 502 — — 506 Interest rate swaps 15 — 15 — ____________ (1) Carrying value includes allowance for loan loss. (2) Excludes capital lease obligations with a carrying value of $242 million and $245 million as of December 31, 2016 and December 31, 2015 , respectively, and debt of certain consolidated VIEs with a carrying value of $33 million and $32 million , respectively. (3) Carrying value includes unamortized deferred financing costs and discounts.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Schedule of Future Minimum Rental Payments	The future minimum rent payments under non-cancelable leases, due in each of the next five years and thereafter as of December 31, 2016 , were as follows: Operating Capital Non-Recourse Year (in millions) 2017 $ 210 $ 5 $ 14 2018 191 5 23 2019 177 6 23 2020 171 6 24 2021 161 6 24 Thereafter 1,081 105 174 Total minimum rent payments $ 1,991 133 282 Less: amount representing interest (82 ) (91 ) Present value of net minimum rent payments $ 51 $ 191
Schedule of Rent Expense	Rent expense for all operating leases was as follows: Year Ended December 31, 2016 2015 2014 (in millions) Minimum rentals $ 268 $ 290 $ 293 Contingent rentals 120 126 146 $ 388 $ 416 $ 439

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	The domestic and foreign components of income before income taxes were as follows: Year Ended December 31, 2016 2015 2014 (in millions) U.S. income before tax $ 1,582 $ 1,178 $ 937 Foreign income (loss) before tax (327 ) 318 210 Income before income taxes $ 1,255 $ 1,496 $ 1,147
Schedule of Components of Income Tax Expense (Benefit)	The components of our provision (benefit) for income taxes were as follows: Year Ended December 31, 2016 2015 2014 (in millions) Current: Federal $ 787 $ 446 $ 323 State 107 45 28 Foreign 76 68 100 Total current 970 559 451 Deferred: Federal (123 ) (527 ) 8 State 74 (23 ) 10 Foreign (30 ) 71 (4 ) Total deferred (79 ) (479 ) 14 Total provision for income taxes $ 891 $ 80 $ 465
Schedule of Effective Income Tax Rate Reconciliation	Reconciliations of our tax provision at the U.S. statutory rate to the provision (benefit) for income taxes were as follows: Year Ended December 31, 2016 2015 2014 (in millions) Statutory U.S. federal income tax provision $ 439 $ 524 $ 402 State income taxes, net of U.S. federal tax benefit 47 53 35 Foreign income tax expense 127 119 56 Foreign losses not subject to U.S. tax — — (7 ) Nontaxable liquidation of subsidiaries — (640 ) — U.S. benefit of foreign taxes (69 ) (118 ) (55 ) Corporate restructuring 513 — — Change in deferred tax asset valuation allowance (72 ) 15 14 Change in basis difference in foreign subsidiaries 20 8 10 Provision (benefit) for uncertain tax positions (139 ) 18 5 Non-deductible transaction costs 27 — — Non-deductible share-based compensation — 23 11 Non-deductible goodwill — 77 — Other, net (2 ) 1 (6 ) Provision for income taxes $ 891 $ 80 $ 465
Schedule of Deferred Tax Assets and Liabilities	The tax effects of the temporary differences and carryforwards that give rise to our net deferred tax asset (liability) were as follows: December 31, 2016 2015 (in millions) Deferred tax assets: Net operating loss carryforwards $ 410 $ 456 Compensation 228 254 Other reserves 72 88 Capital lease obligations 92 100 Insurance reserves 36 51 Program surplus 84 79 Other 83 108 Total gross deferred tax assets 1,005 1,136 Less: valuation allowance (507 ) (491 ) Deferred tax assets 498 645 Deferred tax liabilities: Property and equipment (2,377 ) (2,198 ) Brands (1,626 ) (1,889 ) Amortizable intangible assets (330 ) (520 ) Investments (64 ) (11 ) Investment in foreign subsidiaries (39 ) (35 ) Deferred income (520 ) (544 ) Deferred tax liabilities (4,956 ) (5,197 ) Net deferred taxes $ (4,458 ) $ (4,552 )
Summary of Unrecognized Tax Benefits	Reconciliations of the beginning and ending amount of unrecognized tax benefits were as follows: Year Ended December 31, 2016 2015 2014 (in millions) Balance at beginning of year $ 407 $ 401 $ 435 Additions for tax positions related to the prior year 65 12 25 Additions for tax positions related to the current year 9 8 10 Reductions for tax positions for prior years (204 ) (4 ) (63 ) Settlements (21 ) (4 ) (1 ) Lapse of statute of limitations (3 ) (2 ) (2 ) Currency translation adjustment — (4 ) (3 ) Balance at end of year $ 253 $ 407 $ 401

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Schedule of Changes in Projected Benefit Obligations	The following table presents the projected benefit obligation, the fair value of plan assets, the funded status and the accumulated benefit obligation for the Domestic Plan, the U.K. Plan and the International Plans: Domestic Plan U.K. Plan International Plans 2016 2015 2016 2015 2016 2015 (in millions) Change in Projected Benefit Obligation: Benefit obligation at beginning of year $ 394 $ 425 $ 391 $ 415 $ 82 $ 115 Service cost — — 2 1 2 2 Interest cost 13 16 12 15 2 2 Actuarial loss (gain) 1 (8 ) 87 (5 ) 2 (1 ) Settlements and curtailments (2 ) (14 ) — — (1 ) (4 ) Effect of foreign exchange rates — — (74 ) (19 ) (1 ) (4 ) Benefits paid (25 ) (25 ) (14 ) (16 ) (5 ) (28 ) Benefit obligation at end of year $ 381 $ 394 $ 404 $ 391 $ 81 $ 82 Change in Plan Assets: Fair value of plan assets at beginning of year $ 265 $ 283 $ 368 $ 390 $ 60 $ 85 Actual return on plan assets, net of expenses 11 (11 ) 42 (1 ) 1 — Employer contributions 18 32 5 13 3 8 Effect of foreign exchange rates — — (65 ) (18 ) — (1 ) Benefits paid (25 ) (25 ) (14 ) (16 ) (5 ) (28 ) Settlements (2 ) (14 ) — — (1 ) (4 ) Fair value of plan assets at end of year 267 265 336 368 58 60 Funded status at end of year (underfunded) (114 ) (129 ) (68 ) (23 ) (23 ) (22 ) Accumulated benefit obligation $ 381 $ 394 $ 404 $ 391 $ 81 $ 82
Schedule of Amounts Recognized in Balance Sheet	Amounts recognized in the consolidated balance sheets consisted of: Domestic Plan U.K. Plan International Plans 2016 2015 2016 2015 2016 2015 (in millions) Other non-current assets $ 4 $ 2 $ — $ — $ 6 $ 7 Other liabilities (118 ) (131 ) (68 ) (23 ) (29 ) (29 ) Net amount recognized $ (114 ) $ (129 ) $ (68 ) $ (23 ) $ (23 ) $ (22 )
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	Amounts recognized in accumulated other comprehensive loss consisted of: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Net actuarial loss $ — $ 15 $ 42 $ 41 $ 16 $ 33 $ 3 $ 1 $ 10 Prior service credit (3 ) (4 ) (4 ) — — — — — — Amortization of net gain (3 ) (3 ) (7 ) (2 ) (2 ) (1 ) (1 ) (9 ) (1 ) Net amount recognized $ (6 ) $ 8 $ 31 $ 39 $ 14 $ 32 $ 2 $ (8 ) $ 9
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year	The estimated unrecognized net losses and prior service cost that will be amortized into net periodic pension cost over the fiscal year following the indicated year were as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Unrecognized net losses $ 2 $ 2 $ 3 $ 4 $ 2 $ 2 $ — $ — $ 1 Unrecognized prior service cost 4 4 4 — — — — — — Amount unrecognized $ 6 $ 6 $ 7 $ 4 $ 2 $ 2 $ — $ — $ 1
Schedule of Net Periodic Pension Cost (Credit)	The net periodic pension cost (credit) was as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 (in millions) Service cost $ 8 $ 7 $ 7 $ 2 $ 2 $ 1 $ 3 $ 3 $ 2 Interest cost 13 16 17 12 15 17 2 2 4 Expected return on plan assets (19 ) (19 ) (18 ) (22 ) (25 ) (24 ) (3 ) (4 ) (4 ) Amortization of prior service cost 4 4 4 — — — — — — Amortization of net loss 3 3 1 2 2 1 — — 1 Settlement losses — — 5 — — — — 10 1 Net periodic pension cost (credit) $ 9 $ 11 $ 16 $ (6 ) $ (6 ) $ (5 ) $ 2 $ 11 $ 4
Schedule of Assumptions Used	The weighted-average assumptions used to determine benefit obligations were as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2016 2015 2016 2015 Discount rate 4.0 % 4.3 % 2.8 % 3.9 % 3.1 % 3.5 % Salary inflation N/A N/A 1.9 1.7 2.1 2.1 Pension inflation N/A N/A 3.1 2.8 1.7 1.6 The weighted-average assumptions used to determine net periodic pension cost (credit) were as follows: Domestic Plan U.K. Plan International Plans 2016 2015 2014 2016 2015 2014 2016 2015 2014 Discount rate 4.2 % 3.9 % 4.7 % 3.9 % 3.8 % 4.7 % 3.5 % 3.3 % 4.3 % Expected return on plan assets 7.3 7.5 7.5 6.5 6.5 6.5 5.4 5.1 6.0 Salary inflation N/A N/A N/A 1.7 1.6 1.9 2.1 2.2 2.3 Pension inflation N/A N/A N/A 2.8 2.8 3.0 1.6 1.8 1.9
Schedule of Fair Value Of Pension Assets	The following tables present the fair value hierarchy of total plan assets measured at fair value by asset category. The fair values of Level 2 assets were based on available market pricing information of similar financial instruments. There were no Level 3 assets as of December 31, 2016 and 2015 . December 31, 2016 Domestic Plan U.K. Plan International Plans Level 1 Level 2 Level 1 Level 2 Level 1 Level 2 (in millions) Cash and cash equivalents $ — $ — $ — $ — $ 10 $ — Equity funds 25 — — — 3 6 Debt securities 1 62 — — — — Bond funds — — — — — 6 Common collective trusts — 139 — 336 — 33 Other — 40 — — — — Total $ 26 $ 241 $ — $ 336 $ 13 $ 45 December 31, 2015 Domestic Plan U.K. Plan International Plans Level 1 Level 2 Level 1 Level 2 Level 1 Level 2 (in millions) Cash and cash equivalents $ — $ — $ — $ — $ 10 $ — Equity funds 64 — — — 4 7 Debt securities 2 71 — — — — Bond funds — — — — — 7 Common collective trusts — 128 — 368 — 32 Total $ 66 $ 199 $ — $ 368 $ 14 $ 46
Schedule of Expected Benefit Payments	As of December 31, 2016 , the benefits expected to be paid in the next five years and in the aggregate for the five years thereafter were as follows: Domestic Plan U.K. Plan International Plans Year (in millions) 2017 $ 30 $ 13 $ 9 2018 27 13 5 2019 26 13 5 2020 26 14 5 2021 26 14 5 2022-2026 124 73 24 $ 259 $ 140 $ 53

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Additional Information on Restricted Stock Units	The following table provides information about our RSU grants for the last three fiscal years: Year Ended December 31, 2016 2015 2014 Number of shares granted 1,169,238 679,546 1,883,454 Weighted average grant date fair value per share $ 59.73 $ 82.38 $ 64.59 Fair value of shares vested (in millions) (1) $ 40 $ 90 $ — ____________ (1) The fair value of shares vested during the year ended December 31, 2014 was less than $1 million.
Schedule of Restricted Stock Units Activity	The following table summarizes the activity of our RSUs during the year ended December 31, 2016 : Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of December 31, 2015 1,246,084 $ 73.44 Granted 1,169,238 59.73 Vested (683,262 ) 70.50 Forfeited (107,519 ) 66.90 Outstanding as of December 31, 2016 1,624,541 65.24
Schedule of Additional Information on Stock Options	The following table provides information about our option grants for the last three fiscal years: Year Ended December 31, 2016 2015 2014 Number of options granted 503,150 309,528 334,530 Weighted average exercise price per share $ 58.83 $ 82.38 $ 64.59 Weighted average grant date fair value per share $ 16.41 $ 25.17 $ 22.74
Schedule of Stock Options Valuation Assumptions	The grant date fair value of each of these option grants was determined using the Black-Scholes-Merton option-pricing model with the following assumptions: Year Ended December 31, 2016 2015 2014 Expected volatility (1) 32.00 % 28.00 % 33.00 % Dividend yield (2) 1.43 % — % — % Risk-free rate (3) 1.36 % 1.67 % 1.85 % Expected term (in years) (4) 6.0 6.0 6.0 ____________ (1) Due to limited trading history for our common stock, we did not have sufficient information available on which to base a reasonable and supportable estimate of the expected volatility of our share price. As a result, we used an average historical volatility of our peer group over a time period consistent with our expected term assumption. Our peer group was determined based upon companies in our industry with similar business models and is consistent with those used to benchmark our executive compensation. (2) Estimated based on the expected annualized dividend payment at the date of grant. For the 2014 and 2015 options, we had no plans to pay dividends during the expected term at the time of grant. (3) Based on the yields of U.S. Department of Treasury instruments with similar expected lives. (4) Estimated using the average of the vesting periods and the contractual term of the options.
Schedule of Stock Options Activity	The following table summarizes the activity of our options during the year ended December 31, 2016 : Number of Shares Weighted Average Exercise Price per Share Outstanding as of December 31, 2015 616,832 $ 73.47 Granted 503,150 58.83 Exercised (5,724 ) 64.59 Forfeited, canceled or expired (38,227 ) 69.03 Outstanding as of December 31, 2016 1,076,031 66.83 Exercisable as of December 31, 2016 293,517 70.57
Schedule of Additional Information on Performance Shares	The following table provides information about our performance share grants for the last three fiscal years: Year Ended December 31, 2016 2015 2014 Relative Shareholder Return: Number of shares granted 300,784 204,523 176,661 Weighted average grant date fair value per share $ 62.43 $ 98.94 $ 70.68 Fair value of shares vested (in millions) $ 16 $ — $ — EBITDA CAGR: Number of shares granted 300,784 204,523 176,661 Weighted average grant date fair value per share $ 58.83 $ 82.38 $ 64.59 Fair value of shares vested (in millions) $ 12 $ — $ —
Schedule of Performance Shares Valuation Assumptions	The grant date fair value of each of the performance shares based on relative shareholder return was determined using a Monte Carlo simulation valuation model with the following assumptions: Year Ended December 31, 2016 2015 2014 Expected volatility (1) 31.00 % 24.00 % 30.00 % Dividend yield (2) — % — % — % Risk-free rate (3) 0.92 % 1.04 % 0.70 % Expected term (in years) (4) 2.8 2.8 2.8 ____________ (1) Due to limited trading history for our common stock, we did not have sufficient information available on which to base a reasonable and supportable estimate of the expected volatility of our share price. As a result, we used an average historical volatility of our peer group over a time period consistent with our expected term assumption. Our peer group was determined based upon companies in our industry with similar business models and is consistent with those used to benchmark our executive compensation. (2) As dividends are assumed to be reinvested in shares of common stock and dividends will not be paid to the participants of the performance shares unless the shares vest, we utilized a dividend yield of zero percent. (3) Based on the yields of U.S. Department of Treasury instruments with similar expected lives. (4) Midpoint of the 30-calendar day period preceding the end of the performance period.
Schedule of Performance Shares Activity	The following table summarizes the activity of our performance shares during the year ended December 31, 2016 : Relative Shareholder Return EBITDA CAGR Number of Shares Weighted Average Grant Date Fair Value per Share Number of Shares Weighted Average Grant Date Fair Value per Share Outstanding as of December 31, 2015 366,361 $ 86.37 366,361 $ 74.49 Granted 300,784 62.43 300,784 58.83 Vested (152,835 ) 70.68 (152,835 ) 64.59 Forfeited or canceled (178,508 ) 77.58 (178,508 ) 68.61 Outstanding as of December 31, 2016 335,802 76.74 335,802 68.09

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Basic and Diluted Earnings Per Share	The following table presents the calculation of basic and diluted earnings per share ("EPS"). All share and per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1 : " Organization " for further discussion. Year Ended December 31, 2016 2015 2014 (in millions, except per share amounts) Basic EPS: Numerator: Net income attributable to Hilton stockholders $ 348 $ 1,404 $ 673 Denominator: Weighted average shares outstanding 329 329 328 Basic EPS $ 1.06 $ 4.27 $ 2.05 Diluted EPS: Numerator: Net income attributable to Hilton stockholders $ 348 $ 1,404 $ 673 Denominator: Weighted average shares outstanding 330 330 329 Diluted EPS $ 1.05 $ 4.26 $ 2.05

Accumulated Other Comprehensi59

Accumulated Other Comprehensive Loss (Tables)	12 Months Ended
	Dec. 31, 2016
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Loss	The components of accumulated other comprehensive loss, net of taxes, were as follows: Currency Translation Adjustment (1) Pension Liability Adjustment Cash Flow Hedge Adjustment Total (in millions) Balance as of December 31, 2013 $ (136 ) $ (134 ) $ 6 $ (264 ) Other comprehensive loss before reclassifications (299 ) (49 ) (9 ) (357 ) Amounts reclassified from accumulated other comprehensive loss (5 ) 4 — (1 ) Net current period other comprehensive loss (304 ) (45 ) (9 ) (358 ) Equity contribution to consolidated variable interest entities (6 ) — — (6 ) Balance as of December 31, 2014 (446 ) (179 ) (3 ) (628 ) Other comprehensive loss before reclassifications (150 ) (21 ) (7 ) (178 ) Amounts reclassified from accumulated other comprehensive loss 16 6 — 22 Net current period other comprehensive loss (134 ) (15 ) (7 ) (156 ) Balance as of December 31, 2015 (580 ) (194 ) (10 ) (784 ) Other comprehensive loss before reclassifications (157 ) (63 ) (5 ) (225 ) Amounts reclassified from accumulated other comprehensive loss (1 ) 6 3 8 Net current period other comprehensive loss (158 ) (57 ) (2 ) (217 ) Balance as of December 31, 2016 $ (738 ) $ (251 ) $ (12 ) $ (1,001 ) ____________ (1) Includes net investment hedges and intra-entity foreign currency transactions that are of a long-term investment nature.
Reclassification Out of Accumulated Other Comprehensive Loss	The following table presents additional information about reclassifications out of accumulated other comprehensive loss (amounts in parentheses indicate a loss in our consolidated statement of operations): Year Ended December 31, 2016 2015 2014 (in millions) Currency translation adjustment: Sale and liquidation of foreign assets (1) $ — $ (25 ) $ 3 Gains on net investment hedges (2) 1 — 2 Tax benefit (3)(4) — 9 — Total currency translation adjustment reclassifications for the period, net of tax 1 (16 ) 5 Pension liability adjustment: Amortization of prior service cost (5) (4 ) (4 ) (4 ) Amortization of net loss (5) (5 ) (5 ) (3 ) Tax expense (3) 3 3 3 Total pension liability adjustment reclassifications for the period, net of tax (6 ) (6 ) (4 ) Cash flow hedge adjustment: Dedesignation of interest rate swaps (6) (4 ) — — Tax benefit (3) 1 — — Total cash flow hedge adjustment reclassifications for the period, net of tax (3 ) — — Total reclassifications for the period, net of tax $ (8 ) $ (22 ) $ 1 ____________ (1) Reclassified out of accumulated other comprehensive loss to gain on sales of assets, net for the year ended December 31, 2015 and other gain (loss), net for the year ended December 31, 2014 in our consolidated statements of operations. (2) Reclassified out of accumulated other comprehensive loss to gain (loss) on foreign currency transactions in our consolidated statements of operations. (3) Reclassified out of accumulated other comprehensive loss to income tax expense in our consolidated statements of operations. (4) The tax benefit was less than $1 million for the years ended December 31, 2016 and 2014. (5) Reclassified out of accumulated other comprehensive loss to general, administrative and other in our consolidated statements of operations. These amounts were included in the computation of net periodic pension cost. See Note 19 : " Employee Benefit Plans " for additional information. (6) Reclassified out of accumulated other comprehensive loss to interest expense in our consolidated statements of operations.

Business Segments (Tables)

Business Segments (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Reconciliation of Revenues from Segment Amounts to Consolidated Amounts	The following table presents revenues for our reportable segments, reconciled to consolidated amounts: Year Ended December 31, 2016 2015 2014 (in millions) Revenues: Ownership $ 4,157 $ 4,262 $ 4,271 Management and franchise 1,786 1,691 1,468 Timeshare 1,390 1,308 1,171 Segment revenues 7,333 7,261 6,910 Other revenues from managed and franchised properties 4,446 4,130 3,691 Other revenues 102 91 99 Intersegment fees elimination (1) (218 ) (210 ) (198 ) Total revenues $ 11,663 $ 11,272 $ 10,502 ____________ (1) Includes the following intercompany charges that were eliminated in our consolidated financial statements: Year Ended December 31, 2016 2015 2014 (in millions) Rental and other fees (a) $ 27 $ 25 $ 28 Management, royalty and intellectual property fees (b) 135 131 113 Licensing fee (c) 45 43 44 Laundry services (d) 7 7 9 Other (e) 4 4 4 Intersegment fees elimination $ 218 $ 210 $ 198 ____________ (a) Represents fees charged to our timeshare segment by our ownership segment. (b) Represents fees charged to our ownership segment by our management and franchise segment. (c) Represents fees charged to our timeshare segment by the management and franchise segment. (d) Represents charges to our ownership segment for services provided by our wholly owned laundry business. Revenues from our laundry business are included in other revenues. The laundry business was owned by Park effective January 3, 2017 upon completion of the spin-offs. (e) Represents other intercompany charges, which are a benefit to our ownership segment and a cost to corporate and other.
Reconciliation of Segment Adjusted EBITDA to Net Income	The following table provides a reconciliation of segment Adjusted EBITDA to consolidated net income: Year Ended December 31, 2016 2015 2014 (in millions) Ownership (1)(2) $ 1,029 $ 1,064 $ 1,000 Management and franchise (2) 1,786 1,691 1,468 Timeshare (2) 381 352 337 Segment Adjusted EBITDA 3,196 3,107 2,805 Corporate and other (2) (221 ) (228 ) (255 ) Interest expense (587 ) (575 ) (618 ) Income tax expense (891 ) (80 ) (465 ) Depreciation and amortization (686 ) (692 ) (628 ) Interest expense, income tax, depreciation and amortization and impairment loss included in equity in earnings from unconsolidated affiliates (47 ) (32 ) (37 ) Gain on sales of assets, net 9 306 — Gain (loss) on foreign currency transactions (13 ) (41 ) 26 FF&E replacement reserve (56 ) (48 ) (46 ) Share-based compensation expense (91 ) (162 ) (74 ) Impairment loss (15 ) (9 ) — Other gain (loss), net (26 ) (1 ) 37 Other adjustment items (3) (208 ) (129 ) (63 ) Net income $ 364 $ 1,416 $ 682 ____________ (1) Includes unconsolidated affiliate Adjusted EBITDA. (2) Our measures of Adjusted EBITDA included intercompany charges that were eliminated in our consolidated financial statements. Refer to the footnote to the segment revenues table for detail of the intercompany charges. (3) Includ es $22 million and $95 million of severance costs related to the sale of the Waldorf Astoria New York for the years ended December 31, 2016 and 2015, respectively. Also includes $137 million of costs related to the spin-offs for the year ended December 31, 2016.
Schedule of Assets by Segment	The following table presents total assets for our reportable segments, reconciled to consolidated amounts: December 31, 2016 2015 (in millions) Ownership $ 10,979 $ 11,269 Management and franchise 10,224 10,392 Timeshare 2,391 1,935 Corporate and other 2,617 2,026 $ 26,211 $ 25,622
Schedule of Capital Expenditures by Segment	The following table presents capital expenditures for property and equipment for our reportable segments, reconciled to consolidated amounts: Year Ended December 31, 2016 2015 2014 (in millions) Ownership $ 270 $ 277 $ 245 Timeshare 28 17 14 Corporate and other 19 16 9 $ 317 $ 310 $ 268
Revenue from External Customers by Geographic Areas	Total revenues by country were as follows: Year Ended December 31, 2016 2015 2014 (in millions) U.S. $ 9,382 $ 8,844 $ 7,927 All other 2,281 2,428 2,575 $ 11,663 $ 11,272 $ 10,502
Property and Equipment, Net by Country	Property and equipment, net by country was as follows: December 31, 2016 2015 (in millions) U.S. $ 8,438 $ 8,612 All other 492 507 $ 8,930 $ 9,119

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2016
Related Party Transaction [Line Items]
Schedule of Related Party Transactions	Investment in Affiliates We hold investments in affiliates that own or lease properties that we manage. See Note 8 : " Investments in Affiliates " for additional information. The following tables summarize amounts included in our consolidated financial statements related to these management agreements: December 31, 2016 2015 (in millions) Balance Sheets Assets: Accounts receivable, net $ 19 $ 23 Management and franchise contracts, net 20 20 Liabilities: Accounts payable, accrued expenses and other 11 10 Year Ended December 31, 2016 2015 2014 (in millions) Statements of Operations Revenues: Management and franchise fees and other $ 28 $ 24 $ 25 Other revenues from managed and franchised properties 166 166 167 Expenses: Other expenses from managed and franchised properties 166 166 167 Non-operating income and expenses: Interest income — — 1 Statements of Cash Flows Investing Activities: Contract acquisition costs — 4 — The Blackstone Group Blackstone directly and indirectly owns or controls hotels that we manage or franchise and for which we receive fees in connection with the underlying management and franchise agreements. Our maximum exposure to loss related to these hotels is limited to the amounts discussed below; therefore, our involvement with these hotels does not expose us to additional variability or risk of loss. The following tables summarize amounts included in our consolidated financial statements related to these management and franchise agreements: December 31, 2016 2015 (in millions) Balance Sheets Assets: Accounts receivable, net $ 18 $ 21 Management and franchise contracts, net 13 16 Liabilities: Accounts payable, accrued expenses and other 8 9 Year Ended December 31, 2016 2015 2014 (in millions) Statements of Operations Revenues: Management and franchise fees and other $ 42 $ 48 $ 60 Other revenues from managed and franchised properties 144 160 293 Expenses: Depreciation and amortization 1 — — Other expenses from managed and franchised properties 144 160 293 Statements of Cash Flows Investing Activities: Contract acquisition costs — — 7

Condensed Consolidating Guara62

Condensed Consolidating Guarantor Financial Information (Tables)	12 Months Ended
	Dec. 31, 2016
Condensed Consolidating Guarantor Financial Information [Abstract]
Condensed Balance Sheet	December 31, 2016 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 25 $ 1,393 $ — $ 1,418 Restricted cash and cash equivalents — — 96 170 — 266 Accounts receivable, net — — 491 514 — 1,005 Intercompany receivables — — — 42 (42 ) — Inventories — — 4 537 — 541 Current portion of financing receivables, net — — 1 137 — 138 Prepaid expenses — — 27 137 (27 ) 137 Income taxes receivable — — 30 — (17 ) 13 Other — — 1 38 — 39 Total current assets — — 675 2,968 (86 ) 3,557 Property, Intangibles and Other Assets: Property and equipment, net — — 74 8,856 — 8,930 Financing receivables, net — — 64 899 — 963 Investments in affiliates — — 18 96 — 114 Investments in subsidiaries 5,889 11,300 6,993 — (24,182 ) — Goodwill — — 3,824 1,998 — 5,822 Brands — — 4,404 444 — 4,848 Management and franchise contracts, net — — 716 303 — 1,019 Other intangible assets, net — — 297 210 — 507 Deferred income tax assets 10 2 — 117 (12 ) 117 Other — 12 163 159 — 334 Total property, intangibles and other assets 5,899 11,314 16,553 13,082 (24,194 ) 22,654 TOTAL ASSETS $ 5,899 $ 11,314 $ 17,228 $ 16,050 $ (24,280 ) $ 26,211 LIABILITIES AND EQUITY Current Liabilities: Accounts payable, accrued expenses and other $ — $ 26 $ 1,461 $ 993 $ (27 ) $ 2,453 Intercompany payables — — 42 — (42 ) — Current maturities of long-term debt — 26 — 72 — 98 Current maturities of timeshare debt — — — 73 — 73 Income taxes payable — — — 77 (17 ) 60 Total current liabilities — 52 1,503 1,215 (86 ) 2,684 Long-term debt — 5,361 981 3,678 — 10,020 Timeshare debt — — — 621 — 621 Deferred revenues — — 42 22 — 64 Deferred income tax liabilities — — 1,742 2,845 (12 ) 4,575 Liability for guest loyalty program — — 889 — — 889 Other — 12 771 726 — 1,509 Total liabilities — 5,425 5,928 9,107 (98 ) 20,362 Equity: Total Hilton stockholders' equity 5,899 5,889 11,300 6,993 (24,182 ) 5,899 Noncontrolling interests — — — (50 ) — (50 ) Total equity 5,899 5,889 11,300 6,943 (24,182 ) 5,849 TOTAL LIABILITIES AND EQUITY $ 5,899 $ 11,314 $ 17,228 $ 16,050 $ (24,280 ) $ 26,211 December 31, 2015 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) ASSETS Current Assets: Cash and cash equivalents $ — $ — $ 18 $ 591 $ — $ 609 Restricted cash and cash equivalents — — 91 156 — 247 Accounts receivable, net — — 406 470 — 876 Inventories — — 1 441 — 442 Current portion of financing receivables, net — — 1 128 — 129 Prepaid expenses — — 36 140 (29 ) 147 Income taxes receivable — — 120 — (23 ) 97 Other — — 1 37 — 38 Total current assets — — 674 1,963 (52 ) 2,585 Property, Intangibles and Other Assets: Property and equipment, net — — 73 9,046 — 9,119 Financing receivables, net — — 32 855 — 887 Investments in affiliates — — 49 89 — 138 Investments in subsidiaries 6,166 11,854 6,457 — (24,477 ) — Goodwill — — 3,824 2,063 — 5,887 Brands — — 4,405 514 — 4,919 Management and franchise contracts, net — — 818 331 — 1,149 Other intangible assets, net — — 334 252 — 586 Deferred income tax assets 24 3 — 78 (27 ) 78 Other — 9 147 118 — 274 Total property, intangibles and other assets 6,190 11,866 16,139 13,346 (24,504 ) 23,037 TOTAL ASSETS $ 6,190 $ 11,866 $ 16,813 $ 15,309 $ (24,556 ) $ 25,622 LIABILITIES AND EQUITY Current Liabilities: Accounts payable, accrued expenses and other $ — $ 39 $ 1,239 $ 957 $ (29 ) $ 2,206 Current maturities of long-term debt — (12 ) — 106 — 94 Current maturities of timeshare debt — — — 110 — 110 Income taxes payable — — — 56 (23 ) 33 Total current liabilities — 27 1,239 1,229 (52 ) 2,443 Long-term debt — 5,659 54 4,144 — 9,857 Timeshare debt — — — 392 — 392 Deferred revenues — — 252 31 — 283 Deferred income tax liabilities — — 1,819 2,838 (27 ) 4,630 Liability for guest loyalty program — — 784 — — 784 Other 205 14 811 252 — 1,282 Total liabilities 205 5,700 4,959 8,886 (79 ) 19,671 Equity: Total Hilton stockholders' equity 5,985 6,166 11,854 6,457 (24,477 ) 5,985 Noncontrolling interests — — — (34 ) — (34 ) Total equity 5,985 6,166 11,854 6,423 (24,477 ) 5,951 TOTAL LIABILITIES AND EQUITY $ 6,190 $ 11,866 $ 16,813 $ 15,309 $ (24,556 ) $ 25,622
Condensed Statement of Income and Comprehensive Income	Year Ended December 31, 2016 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Revenues Owned and leased hotels $ — $ — $ — $ 4,129 $ (3 ) $ 4,126 Management and franchise fees and other — — 1,398 446 (143 ) 1,701 Timeshare — — — 1,390 — 1,390 — — 1,398 5,965 (146 ) 7,217 Other revenues from managed and franchised properties — — 4,894 637 (1,085 ) 4,446 Total revenues — — 6,292 6,602 (1,231 ) 11,663 Expenses Owned and leased hotels — — — 3,187 (87 ) 3,100 Timeshare — — — 993 (45 ) 948 Depreciation and amortization — — 273 413 — 686 Impairment loss — — — 15 — 15 General, administrative and other — — 452 178 (14 ) 616 — — 725 4,786 (146 ) 5,365 Other expenses from managed and franchised properties — — 4,894 637 (1,085 ) 4,446 Total expenses — — 5,619 5,423 (1,231 ) 9,811 Gain on sales of assets, net — — 1 8 — 9 Operating income — — 674 1,187 — 1,861 Interest income — — 8 4 — 12 Interest expense — (261 ) (84 ) (242 ) — (587 ) Equity in earnings from unconsolidated affiliates — — 2 6 — 8 Gain (loss) on foreign currency transactions — — (139 ) 126 — (13 ) Other gain (loss), net — 1 — (27 ) — (26 ) Income (loss) before income taxes and equity in earnings from subsidiaries — (260 ) 461 1,054 — 1,255 Income tax benefit (expense) 193 100 (295 ) (889 ) — (891 ) Income (loss) before equity in earnings from subsidiaries 193 (160 ) 166 165 — 364 Equity in earnings from subsidiaries 155 315 149 — (619 ) — Net income 348 155 315 165 (619 ) 364 Net income attributable to noncontrolling interests — — — (16 ) — (16 ) Net income attributable to Hilton stockholders $ 348 $ 155 $ 315 $ 149 $ (619 ) $ 348 Comprehensive income $ 131 $ 153 $ 249 $ 15 $ (402 ) $ 146 Comprehensive income attributable to noncontrolling interests — — — (15 ) — (15 ) Comprehensive income attributable to Hilton stockholders $ 131 $ 153 $ 249 $ — $ (402 ) $ 131 Year Ended December 31, 2015 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Revenues Owned and leased hotels $ — $ — $ — $ 4,236 $ (3 ) $ 4,233 Management and franchise fees and other — — 1,331 410 (140 ) 1,601 Timeshare — — — 1,308 — 1,308 — — 1,331 5,954 (143 ) 7,142 Other revenues from managed and franchised properties — — 4,568 620 (1,058 ) 4,130 Total revenues — — 5,899 6,574 (1,201 ) 11,272 Expenses Owned and leased hotels — — — 3,253 (85 ) 3,168 Timeshare — — — 940 (43 ) 897 Depreciation and amortization — — 288 404 — 692 Impairment losses — — — 9 — 9 General, administrative and other — — 473 153 (15 ) 611 — — 761 4,759 (143 ) 5,377 Other expenses from managed and franchised properties — — 4,568 620 (1,058 ) 4,130 Total expenses — — 5,329 5,379 (1,201 ) 9,507 Gain on sales of assets, net — — — 306 — 306 Operating income — — 570 1,501 — 2,071 Interest income — — 16 3 — 19 Interest expense — (281 ) (55 ) (239 ) — (575 ) Equity in earnings from unconsolidated affiliates — — 2 21 — 23 Gain (loss) on foreign currency transactions — — 77 (118 ) — (41 ) Other gain (loss), net — — (2 ) 1 — (1 ) Income (loss) before income taxes and equity in earnings from subsidiaries — (281 ) 608 1,169 — 1,496 Income tax benefit (expense) (7 ) 108 150 (331 ) — (80 ) Income (loss) before equity in earnings from subsidiaries (7 ) (173 ) 758 838 — 1,416 Equity in earnings from subsidiaries 1,411 1,584 826 — (3,821 ) — Net income 1,404 1,411 1,584 838 (3,821 ) 1,416 Net income attributable to noncontrolling interests — — — (12 ) — (12 ) Net income attributable to Hilton stockholders $ 1,404 $ 1,411 $ 1,584 $ 826 $ (3,821 ) $ 1,404 Comprehensive income $ 1,248 $ 1,404 $ 1,546 $ 727 $ (3,665 ) $ 1,260 Comprehensive income attributable to noncontrolling interests — — — (12 ) — (12 ) Comprehensive income attributable to Hilton stockholders $ 1,248 $ 1,404 $ 1,546 $ 715 $ (3,665 ) $ 1,248 Year Ended December 31, 2014 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Revenues Owned and leased hotels $ — $ — $ — $ 4,242 $ (3 ) $ 4,239 Management and franchise fees and other — — 1,135 368 (102 ) 1,401 Timeshare — — — 1,171 — 1,171 — — 1,135 5,781 (105 ) 6,811 Other revenues from managed and franchised properties — — 4,081 571 (961 ) 3,691 Total revenues — — 5,216 6,352 (1,066 ) 10,502 Expenses Owned and leased hotels — — — 3,321 (69 ) 3,252 Timeshare — — — 790 (23 ) 767 Depreciation and amortization — — 263 365 — 628 General, administrative and other — — 357 147 (13 ) 491 — — 620 4,623 (105 ) 5,138 Other expenses from managed and franchised properties — — 4,081 571 (961 ) 3,691 Total expenses — — 4,701 5,194 (1,066 ) 8,829 Operating income — — 515 1,158 — 1,673 Interest income — — 7 3 — 10 Interest expense — (334 ) (59 ) (225 ) — (618 ) Equity in earnings from unconsolidated affiliates — — 5 14 — 19 Gain (loss) on foreign currency transactions — — 443 (417 ) — 26 Other gain, net — — 2 35 — 37 Income (loss) before income taxes and equity in earnings from subsidiaries — (334 ) 913 568 — 1,147 Income tax benefit (expense) (5 ) 128 (340 ) (248 ) — (465 ) Income (loss) before equity in earnings from subsidiaries (5 ) (206 ) 573 320 — 682 Equity in earnings from subsidiaries 678 884 311 — (1,873 ) — Net income 673 678 884 320 (1,873 ) 682 Net income attributable to noncontrolling interests — — — (9 ) — (9 ) Net income attributable to Hilton stockholders $ 673 $ 678 $ 884 $ 311 $ (1,873 ) $ 673 Comprehensive income $ 315 $ 669 $ 813 $ 47 $ (1,515 ) $ 329 Comprehensive income attributable to noncontrolling interests — — — (14 ) — (14 ) Comprehensive income attributable to Hilton stockholders $ 315 $ 669 $ 813 $ 33 $ (1,515 ) $ 315
Condensed Cash Flow Statement	Year Ended December 31, 2016 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Operating Activities: Net cash provided by (used in) operating activities $ — $ (37 ) $ 897 $ 1,095 $ (605 ) $ 1,350 Investing Activities: Capital expenditures for property and equipment — — (9 ) (308 ) — (317 ) Issuance of intercompany receivables — — (192 ) (42 ) 234 — Payments received on intercompany receivables — — 192 — (192 ) — Proceeds from asset dispositions — — — 11 — 11 Contract acquisition costs — — (46 ) (9 ) — (55 ) Capitalized software costs — — (73 ) (8 ) — (81 ) Other — (6 ) (35 ) 5 — (36 ) Net cash used in investing activities — (6 ) (163 ) (351 ) 42 (478 ) Financing Activities: Borrowings — — 1,000 3,715 — 4,715 Repayment of debt — (266 ) — (4,093 ) — (4,359 ) Intercompany borrowings — — 42 192 (234 ) — Debt issuance costs — (17 ) (20 ) (39 ) — (76 ) Repayment of intercompany borrowings — — — (192 ) 192 — Intercompany transfers 277 326 (1,744 ) 1,141 — — Dividends paid (277 ) — — — — (277 ) Intercompany dividends — — — (605 ) 605 — Distributions to noncontrolling interests — — — (32 ) — (32 ) Net cash provided by (used in) financing activities — 43 (722 ) 87 563 (29 ) Effect of exchange rate changes on cash, restricted cash and cash equivalents — — — (15 ) — (15 ) Net increase in cash, restricted cash and cash equivalents — — 12 816 — 828 Cash, restricted cash and cash equivalents, beginning of period — — 109 747 — 856 Cash, restricted cash and cash equivalents, end of period $ — $ — $ 121 $ 1,563 $ — $ 1,684 Year Ended December 31, 2015 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Operating Activities: Net cash provided by operating activities $ — $ 184 $ 936 $ 723 $ (436 ) $ 1,407 Investing Activities: Capital expenditures for property and equipment — — (11 ) (299 ) — (310 ) Acquisitions, net of cash acquired — — — (1,402 ) — (1,402 ) Proceeds from asset dispositions — — — 2,205 — 2,205 Contract acquisition costs — — (23 ) (14 ) — (37 ) Software capitalization costs — — (57 ) (5 ) — (62 ) Other — — 13 7 — 20 Net cash provided by (used in) investing activities — — (78 ) 492 — 414 Financing Activities: Borrowings — — — 48 — 48 Repayment of debt — (775 ) — (849 ) — (1,624 ) Intercompany transfers 138 591 (693 ) (36 ) — — Dividends paid (138 ) — — — — (138 ) Intercompany dividends — — (184 ) (252 ) 436 — Distributions to noncontrolling interests — — — (8 ) — (8 ) Excess tax benefits from share-based compensation — — 8 — — 8 Net cash used in financing activities — (184 ) (869 ) (1,097 ) 436 (1,714 ) Effect of exchange rate changes on cash, restricted cash and cash equivalents — — — (19 ) — (19 ) Net increase (decrease) in cash, restricted cash and cash equivalents — — (11 ) 99 — 88 Cash, restricted cash and cash equivalents, beginning of period — — 120 648 — 768 Cash, restricted cash and cash equivalents, end of period $ — $ — $ 109 $ 747 $ — $ 856 Year Ended December 31, 2014 Parent Subsidiary Issuers Guarantors Non-Guarantors Eliminations Total (in millions) Operating Activities: Net cash provided by operating activities $ — $ — $ 1,085 $ 522 $ (300 ) $ 1,307 Investing Activities: Capital expenditures for property and equipment — — (5 ) (263 ) — (268 ) Proceeds from asset dispositions — — 4 40 — 44 Contract acquisition costs — — (19 ) (46 ) — (65 ) Software capitalization costs — — (64 ) (5 ) — (69 ) Other — — 11 37 — 48 Net cash used in investing activities — — (73 ) (237 ) — (310 ) Financing Activities: Borrowings — — — 350 — 350 Repayment of debt — (1,000 ) — (424 ) — (1,424 ) Debt issuance costs — (6 ) — (3 ) — (9 ) Capital contribution — — — 22 (9 ) 13 Intercompany transfers — 1,006 (1,094 ) 88 — — Intercompany dividends — — — (309 ) 309 — Distributions to noncontrolling interests — — — (5 ) — (5 ) Net cash used in financing activities — — (1,094 ) (281 ) 300 (1,075 ) Effect of exchange rate changes on cash, restricted cash and cash equivalents — — — (14 ) — (14 ) Net decrease in cash, restricted cash and cash equivalents — — (82 ) (10 ) — (92 ) Cash, restricted cash and cash equivalents, beginning of period — — 202 658 — 860 Cash, restricted cash and cash equivalents, end of period $ — $ — $ 120 $ 648 $ — $ 768

Selected Quarterly Financial 63

Selected Quarterly Financial Information (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure (unaudited) [Abstract]
Schedule of Quarterly Financial Information	2016 First Quarter Second Quarter Third Quarter Fourth Quarter Year (in millions, except per share data) Revenues $ 2,750 $ 3,051 $ 2,942 $ 2,920 $ 11,663 Operating income 409 553 493 406 1,861 Net income (loss) 310 244 192 (382 ) 364 Net income (loss) attributable to Hilton stockholders 309 239 187 (387 ) 348 Basic earnings (loss) per share (1) $ 0.94 $ 0.73 $ 0.57 $ (1.18 ) $ 1.06 Diluted earnings (loss) per share (1) $ 0.94 $ 0.72 $ 0.57 $ (1.17 ) $ 1.05 2015 First Quarter Second Quarter Third Quarter Fourth Quarter Year (in millions, except per share data) Revenues $ 2,599 $ 2,922 $ 2,895 $ 2,856 $ 11,272 Operating income 490 427 663 491 2,071 Net income 150 167 283 816 1,416 Net income attributable to Hilton stockholders 150 161 279 814 1,404 Basic earnings per share (1) $ 0.46 $ 0.49 $ 0.85 $ 2.47 $ 4.27 Diluted earnings per share (1) $ 0.46 $ 0.49 $ 0.85 $ 2.47 $ 4.26 ____________ (1) The sum of the earnings per share for the four quarters differs from annual earnings per share due to the required method of computing the weighted average shares outstanding in interim periods. All per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1 : " Organization " for further discussion.

Organization Additional Informa

Organization Additional Information (Details)	12 Months Ended
	Dec. 31, 2016RoomTimeshareCountryHotelIntervalRateshares	Dec. 31, 2015shares
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of hotel properties | Hotel	4,875
Number of hotel rooms | Room	796,440
Number of countries | Country	104
Number of timeshare properties | Timeshare	47
Number of timeshare units | Interval	7,657
Common stock ownership percentage | Rate	40.30%
Reverse stock split	1-for-3
Preferred stock, authorized shares | shares	3,000,000,000	3,000,000,000

Organization Spin-offs (Details

Organization Spin-offs (Details)	Jan. 03, 2017
Subsequent event [member]
Subsequent Event [Line Items]
Spin-offs into independent, publicly traded companies	2

Organization Authorized Common

Organization Authorized Common Stock (Details) - shares		Dec. 31, 2016	Dec. 31, 2015
Authorized common stock [Line Items]
Common stock, authorized shares	[1]	10,000,000,000	10,000,000,000
Pre reverse stock split [member]
Authorized common stock [Line Items]
Common stock, authorized shares		30,000,000,000
Post reverse stock split [member]
Authorized common stock [Line Items]
Common stock, authorized shares		10,000,000,000
[1]	Common stock shares authorized, issued and outstanding have been adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3, 2017.

Basis of Presentation and Sum67

Basis of Presentation and Summary of Significant Accounting Policies (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016	Jan. 01, 2016USD ($)	Dec. 31, 2015USD ($)
Accounting Policies [Line Items]
Debt Issuance Costs, Net			$ 94
Cumulative Effect of New Accounting Principle in Period of Adoption		$ 5
Financing Receivables Portfolio Segments	2
Amortization Of Basis Difference Equity Method Investments	40 years
Building and Building Improvements [member] | Minimum [member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	8 years
Building and Building Improvements [member] | Maximum [member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	40 years
Furniture and Equipment [member] | Minimum [member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Furniture and Equipment [member] | Maximum [member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	8 years
Computer Equipment [member] | Minimum [member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Computer Equipment [member] | Maximum [member]
Accounting Policies [Line Items]
Property, Plant and Equipment, Useful Life	5 years

Acquisitions Earnings from Acqu

Acquisitions Earnings from Acquired Businesses (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Revenues	$ 2,920	$ 2,942	$ 3,051	$ 2,750	$ 2,856	$ 2,895	$ 2,922	$ 2,599	$ 11,663	$ 11,272	$ 10,502
Income before income taxes									$ 1,255	1,496	$ 1,147
Tax Deferred Exchange [Member]
Business Acquisition [Line Items]
Revenues										316
Income before income taxes										$ 58

Acquisitions - Additional Infor

Acquisitions - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)HotelRate	Dec. 31, 2016USD ($)
Business Acquisition [Line Items]
Carrying value of equity investments before exchange	$ 129		$ 105
Tax Deferred Exchange [Member]
Business Acquisition [Line Items]
Payments to acquire businesses, gross	1,870
Transaction costs	$ 26
Equity Investments Exchange [member]
Business Acquisition [Line Items]
Number of hotels to be removed from JV portfolio | Hotel		6
Number of hotels to be retained and wholly owned | Hotel		5
Post-exchange ownership % | Rate		100.00%
Carrying value of equity investments before exchange		$ 59
Fair value of equity investments before exchange		83
Remeasurement gain of equity investments before exchange		$ 23

Disposals - Additional Informat

Disposals - Additional Information (Details) AUD in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2016USD ($)	Dec. 31, 2015AUD	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)Hotel
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from asset dispositions		$ 11		$ 2,205	$ 44
Gain on sales of assets, net		9		306	0
Reduction of goodwill	[1]			221
Pre-tax gain from sale		$ (26)		(1)	37
Capital contribution					13
Hilton Sydney [member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from asset dispositions			AUD 442	340
Gain on sales of assets, net				163
Reduction of goodwill				36
Reclassification of currency translation adjustment				25
Waldorf Astoria New York [member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from asset dispositions				1,950
Gain on sales of assets, net				143
Reduction of goodwill				185
Repayments of debt				525
Other gain (loss), net				$ 6
Hotels and Vacant Land [member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from asset dispositions					15
Reclassification of currency translation adjustment					$ 3
Number of hotels sold | Hotel					2
Pre-tax gain from sale					$ 13
HGV Grand Islander [member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Pre-tax loss from sale					37
Capital contribution					$ 13
[1]	In connection with the sales of the Waldorf Astoria New York and the Hilton Sydney, goodwill was reduced by $973 million and accumulated impairment losses was reduced by $752 million.

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Inventory [Line Items]
Inventories	$ 541	$ 442
Timeshare [member]
Inventory [Line Items]
Inventories	517	420
Hotel [member]
Inventory [Line Items]
Inventories	$ 24	$ 22

Property and Equipment - Schedu

Property and Equipment - Schedule of Property and Equipment (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Land	$ 3,396	$ 3,486
Buildings and leasehold improvements	6,423	6,410
Furniture and equipment	1,295	1,263
Construction in progress	105	80
Property and equipment, gross	11,219	11,239
Accumulated depreciation	(2,289)	(2,120)
Property and equipment, net	$ 8,930	$ 9,119

Property and Equipment - Additi

Property and Equipment - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Abstract]
Depreciation expense	$ 358	$ 351	$ 313
Net capital lease assets included in property and equipment	142	144
Accumulated depreciation of capital lease assets included in property and equipment	$ 82	$ 71

Financing Receivables - Schedul

Financing Receivables - Schedule of Financing Receivables (Details) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, net, non-current		$ 963	$ 887
Current portion of financing receivables, net		138	129
Securitized timeshare financing receivables [member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross, non-current		204	309
Allowance for loan loss, non-current		(7)	(14)
Financing receivables, net, non-current		197	295
Financing receivables, gross, current		49	58
Allowance for loan loss, current		(2)	(3)
Current portion of financing receivables, net		47	55
Financing receivables, net		244	350
Unsecuritized timeshare financing receivables [member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross, non-current	[1]	795	632
Allowance for loan loss, non-current		(97)	(79)
Financing receivables, net, non-current		698	553
Financing receivables, gross, current		103	83
Allowance for loan loss, current		(14)	(10)
Current portion of financing receivables, net		89	73
Financing receivables, net		787	626
Other financing receivables [member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross, non-current		68	39
Allowance for loan loss, non-current		0	0
Financing receivables, net, non-current		68	39
Financing receivables, gross, current		2	1
Allowance for loan loss, current		0	0
Current portion of financing receivables, net		2	1
Financing receivables, net		70	40
Financing receivables [member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivables, gross, non-current		1,067	980
Allowance for loan loss, non-current		(104)	(93)
Financing receivables, net, non-current		963	887
Financing receivables, gross, current		154	142
Allowance for loan loss, current		(16)	(13)
Current portion of financing receivables, net		138	129
Financing receivables, net		$ 1,101	$ 1,016
[1]	Included in this balance, we had $509 million and $163 million of gross timeshare financing receivables securing our revolving non-recourse timeshare financing receivables credit facility (the "Timeshare Facility"), as of December 31, 2016 and 2015, respectively.

Financing Receivables - Additio

Financing Receivables - Additional Information (Details) $ in Millions	Dec. 31, 2016USD ($)Rate	Dec. 31, 2015USD ($)
Financing Receivables, Additional Disclosures [Line Items]
Financing receivables weighted average remaining term	7.8
Nonaccrual timeshare financing receivables | $	$ 38	$ 32
Timeshare Facility [member]
Financing Receivables, Additional Disclosures [Line Items]
Gross timeshare financing receivables secured under securitized timeshare debt | $	$ 509	$ 163
Minimum [member]
Financing Receivables, Additional Disclosures [Line Items]
Timeshare financing receivables, interest rate	5.25%
Maximum [member]
Financing Receivables, Additional Disclosures [Line Items]
Timeshare financing receivables, interest rate	20.50%
Weighted average [member]
Financing Receivables, Additional Disclosures [Line Items]
Timeshare financing receivables, interest rate	11.98%

Financing Receivables - Sched76

Financing Receivables - Schedule of Maturities of Timeshare Financing Receivables (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Schedule of Maturities of Timeshare Financing Receivables [Line Items]
Allowance for loan loss	$ (120)	$ (106)	$ (96)	$ (92)
Securitized timeshare financing receivables [member]
Schedule of Maturities of Timeshare Financing Receivables [Line Items]
2,017	49
2,018	48
2,019	45
2,020	41
2,021	33
Thereafter	37
Timeshare financing receivables, gross	253
Allowance for loan loss	(9)
Timeshare financing receivables, net	244
Unsecuritized timeshare financing receivables [member]
Schedule of Maturities of Timeshare Financing Receivables [Line Items]
2,017	103
2,018	84
2,019	89
2,020	93
2,021	96
Thereafter	433
Timeshare financing receivables, gross	898
Allowance for loan loss	(111)
Timeshare financing receivables, net	$ 787

Financing Receivables - Aged An

Financing Receivables - Aged Analysis of Gross Timeshare Financing Receivables (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Receivables [Abstract]
Current	$ 1,099	$ 1,035
30 - 89 days past due	14	15
90 - 119 days past due	6	4
120 days and greater past due	32	28
Financing receivables, gross	$ 1,151	$ 1,082

Financing Receivables - Sched78

Financing Receivables - Schedule of Allowance Uncollectible Timeshare Financing Receivables (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Timeshare Allowance for Uncollectible Accounts [Roll Forward]
Beginning balance	$ 106	$ 96	$ 92
Write-offs	(35)	(29)	(30)
Provision for loan loss	49	39	34
Ending balance	$ 120	$ 106	$ 96

Investments in Affiliates - Sch

Investments in Affiliates - Schedule of Investments (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Equity investments	$ 105	$ 129
Other investments	9	9
Investments in affiliates	$ 114	$ 138

Investments in Affiliates - Add

Investments in Affiliates - Additional Information (Details) $ in Millions	Dec. 31, 2016USD ($)Hotel	Dec. 31, 2015USD ($)Hotel
Investments in and Advance to Affiliates, Subsidiaries, Associates, and Joint Ventures [Abstract]
Number of hotels owned or leased by unconsolidated joint ventures | Hotel	15	16
Debt of unconsolidated joint ventures | $	$ 956	$ 959

Consolidated Variable Interes81

Consolidated Variable Interest Entities - Additional Information (Details) $ in Millions	12 Months Ended
	Dec. 31, 2015USD ($)Entity	Dec. 31, 2016Entity	Jan. 01, 2016Entity
Variable Interest Entity [Line Items]
Number of consolidated variable interest entities		8
Number of newly consolidated variable interest entities			3
Non-cash capital lease obligation reduction | $	$ 24
Hotel VIEs [Member]
Variable Interest Entity [Line Items]
Number of consolidated variable interest entities	3	5
Securitized timeshare debt VIEs [Member]
Variable Interest Entity [Line Items]
Number of consolidated variable interest entities	2	2
Condo Management VIE [Member]
Variable Interest Entity [Line Items]
Number of consolidated variable interest entities		1
Consolidated non-VIE entities [Member]
Variable Interest Entity [Line Items]
Number of newly consolidated variable interest entities	2
Unconsolidated investments in affiliates [Member]
Variable Interest Entity [Line Items]
Number of newly consolidated variable interest entities	1

Consolidated Variable Interes82

Consolidated Variable Interest Entities - Schedule of Consolidated Variable Interest Entities (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Variable Interest Entity [Line Items]
Cash and cash equivalents	$ 1,418	$ 609
Restricted cash and cash equivalents	266	247
Accounts receivable, net	1,005	876
Property and equipment, net	8,930	9,119
Deferred income tax assets	117	78
Other non-current assets	334	274
Accounts payable, accrued expenses and other	2,453	2,206
Long-term debt	10,020	9,857
Deferred income tax liabilities	4,575	4,630
Consolidated VIEs [Member]
Variable Interest Entity [Line Items]
Cash and cash equivalents	64	46
Restricted cash and cash equivalents	30	15
Accounts receivable, net	19	19
Property and equipment, net	260	72
Financing receivables, net	244	350
Deferred income tax assets	58	62
Other non-current assets	53	52
Accounts payable, accrued expenses and other	40	35
Long-term debt	418	219
Timeshare debt	244	353
Deferred income tax liabilities	$ 53	$ 1

Goodwill and Intangible Asset83

Goodwill and Intangible Assets - Schedule of Goodwill (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Goodwill [Line Items]
Goodwill, gross		$ 8,597	$ 8,662	$ 9,681
Accumulated impairment losses		(2,775)	(2,775)	(3,527)
Goodwill		5,822	5,887	6,154
Dispositions of business	[1]		(221)
Foreign currency translation		(65)	(46)
Ownership [member]
Goodwill [Line Items]
Goodwill, gross		3,563	3,575	4,552
Accumulated impairment losses		(2,775)	(2,775)	(3,527)
Goodwill		788	800	1,025
Dispositions of business	[1]		(221)
Goodwill, disposed of related to sale of business unit, gross			973
Accumulated impairment losses, disposed of related to sale of business unit			752
Foreign currency translation		(12)	(4)
Management and franchise [member]
Goodwill [Line Items]
Goodwill, gross		5,034	5,087	5,129
Accumulated impairment losses		0	0	0
Goodwill		5,034	5,087	$ 5,129
Dispositions of business			0
Foreign currency translation		$ (53)	$ (42)
[1]	In connection with the sales of the Waldorf Astoria New York and the Hilton Sydney, goodwill was reduced by $973 million and accumulated impairment losses was reduced by $752 million.

Goodwill and Intangible Asset84

Goodwill and Intangible Assets - Schedule of Other Intangible Assets (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Finite-Lived Intangible Assets [Line Items]
Management and franchise agreements, gross	$ 2,653	$ 2,616
Total amortizing intangible assets, gross	3,933	3,853
Total amortizing intangible assets, accumulated amortization	(2,407)	(2,118)
Management and franchise contracts, net	1,019	1,149
Other intangible assets, net	507	586
Total amortizing intangibles, net	1,526	1,735
Brands	4,848	4,919
Management and Franchise Agreements [Member]
Finite-Lived Intangible Assets [Line Items]
Amortizing intangible assets, accumulated amortization	(1,634)	(1,467)
Leases [member]
Finite-Lived Intangible Assets [Line Items]
Other intangibles, gross	348	390
Amortizing intangible assets, accumulated amortization	(158)	(156)
Other intangible assets, net	190	234
Capitalized software [member]
Finite-Lived Intangible Assets [Line Items]
Other intangibles, gross	555	468
Amortizing intangible assets, accumulated amortization	(391)	(293)
Other intangible assets, net	164	175
Hilton Honors [member]
Finite-Lived Intangible Assets [Line Items]
Other intangibles, gross	335	341
Amortizing intangible assets, accumulated amortization	(192)	(174)
Other intangible assets, net	143	167
Other [member]
Finite-Lived Intangible Assets [Line Items]
Other intangibles, gross	42	38
Amortizing intangible assets, accumulated amortization	(32)	(28)
Other intangible assets, net	$ 10	$ 10

Goodwill and Intangible Asset85

Goodwill and Intangible Assets - Schedule Of Future Amortization (Details) $ in Millions	Dec. 31, 2016USD ($)
Other Intangible Assets Disclosure [Abstract]
2,017	$ 302
2,018	282
2,019	259
2,020	208
2,021	81
Thereafter	394
Intangible assets, net	$ 1,526

Goodwill and Intangible Asset86

Goodwill and Intangible Assets - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 328	$ 341	$ 315
Capitalized software [member]
Finite-Lived Intangible Assets [Line Items]
Amortization of Intangible Assets	$ 95	$ 94	$ 79

Accounts Payable, Accrued Exp87

Accounts Payable, Accrued Expenses and Other (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Payables and Accruals [Abstract]
Accrued employee compensation and benefits	$ 584	$ 475
Accounts payable	381	331
Liability for guest loyalty program, current	543	494
Deposit liabilities	218	212
Deferred revenues, current	65	65
Insurance reserves, current	99	90
Other accrued expenses	563	539
Accounts payable, accrued expenses and other	$ 2,453	$ 2,206

Debt - Long-term Debt (Details)

Debt - Long-term Debt (Details) - USD ($) $ in Millions		1 Months Ended				12 Months Ended
		Dec. 31, 2016		Nov. 30, 2016	Aug. 31, 2016	Dec. 31, 2016		Dec. 31, 2015
Debt Instrument [Line Items]
Long-term debt, gross		$ 10,233				$ 10,233		$ 10,058
Unamortized deferred financing costs and discounts		(115)				(115)		(107)
Current maturities of long-term debt	[1]	(98)				(98)		(94)
Long-term debt		$ 10,020				$ 10,020		9,857
Senior notes [member] | Senior notes due 2021 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	[2]	5.625%				5.625%
Long-term debt, gross		$ 1,500				$ 1,500		1,500
Senior notes [member] | Senior notes due 2024 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		4.25%	[2],[3]		4.25%	4.25%	[2],[3]
Proceeds from issuance of long-term debt					$ 1,000	$ 1,000	[3]
Long-term debt, gross		$ 1,000	[3]			$ 1,000	[3]	0
Senior notes [member] | HGV Senior notes due 2024 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		6.125%	[2],[4]	6.125%		6.125%	[2],[4]
Proceeds from issuance of long-term debt				$ 300		$ 300	[4]
Long-term debt, gross		$ 300	[4]			$ 300	[4]	0
Secured Debt [Member] | Senior secured term loan facility due 2020 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	[2]	3.50%				3.50%
Repayments of debt						$ (250)
Long-term debt, gross		$ 750				$ 750		1,000
Secured Debt [Member] | Senior secured term loan facility due 2023 [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	[2],[5]	3.26%				3.26%
Repayments of debt						$ (16)
Long-term debt, gross		$ 3,209	[5]		$ 3,225	$ 3,209	[5]	3,225
Secured Debt [Member] | HGV senior secured term loan facility [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	[2],[4]	2.94%				2.94%
Proceeds from issuance of long-term debt		$ 200				$ 200	[4]
Long-term debt, gross		$ 200	[4]			$ 200	[4]	0
Unsecured debt [member] | Senior unsecured term loan facility [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	[2],[6]	2.22%				2.22%
Proceeds from issuance of long-term debt		$ 750				$ 750	[6]
Long-term debt, gross		$ 750	[6]			$ 750	[6]	0
Unsecured debt [member] | Other unsecured notes [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage	[2]	7.50%				7.50%
Long-term debt, gross		$ 54				$ 54		54
Mortgages [Member] | 2013 CMBS Loans [Member]
Debt Instrument [Line Items]
Repayments of debt						(3,418)
Long-term debt, gross		$ 0				$ 0		3,418
Mortgages [Member] | 2016 CMBS loans [Member]
Debt Instrument [Line Items]
Debt instrument, weighted average interest rate	[2],[6]	4.17%				4.17%
Proceeds from issuance of long-term debt	[6]					$ 2,000
Long-term debt, gross		$ 2,000	[6]			2,000	[6]	0
Mortgages [Member] | Bonnet Creek loan [Member]
Debt Instrument [Line Items]
Repayments of debt						(450)
Long-term debt, gross		$ 0				$ 0		450
Mortgages [Member] | 2016 mortgage loan [Member]
Debt Instrument [Line Items]
Debt instrument, interest rate, stated percentage		4.17%	[2],[6]	4.17%		4.17%	[2],[6]
Proceeds from issuance of long-term debt				$ 165		$ 165	[6]
Repayments of debt				$ (104)		(104)
Long-term debt, gross		$ 165	[6]			$ 165	[6]	104
Mortgages [Member] | Other mortgage loans [member]
Debt Instrument [Line Items]
Debt instrument, weighted average interest rate	[2],[7]	2.95%				2.95%
Long-term debt, gross		$ 63	[7]			$ 63	[7]	62
Capital lease obligations [member]
Debt Instrument [Line Items]
Debt instrument, weighted average interest rate	[2]	6.38%				6.38%
Long-term debt, gross		$ 242				$ 242		$ 245
[1]	Net of unamortized deferred financing costs and discounts attributable to current maturities of long-term debt.
[2]	Weighted average rate, where applicable.
[3]	Issued by Hilton.
[4]	Issued by HGV.
[5]	This term loan was amended during the year ended December 31, 2016, as discussed under "Senior Credit Facilities" below.
[6]	Issued by Park.
[7]	For mortgage loans with maturity date extensions that are solely at our option, we assumed they were exercised.

Debt - Additional Information (

Debt - Additional Information (Details) $ in Millions		1 Months Ended					9 Months Ended	12 Months Ended
		Dec. 31, 2016USD ($)Rate		Nov. 30, 2016USD ($)	Oct. 31, 2016USD ($)	Aug. 31, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2016USD ($)Rate		Dec. 31, 2015USD ($)	Jun. 30, 2016USD ($)
Debt Instrument [Line Items]
Long-term debt, gross		$ 10,233						$ 10,233		$ 10,058
Mortgage loan assumed										450
Restricted cash and cash equivalents		266						266		247
Senior notes [member] | HGV Senior notes due 2024 [Member]
Debt Instrument [Line Items]
Long-term debt, gross		$ 300	[1]					300	[1]	0
Proceeds from issuance of long-term debt				$ 300				$ 300	[1]
Debt instrument, interest rate, stated percentage		6.125%	[1],[2]	6.125%				6.125%	[1],[2]
Debt issuance costs, gross				$ 8
Senior notes [member] | Senior notes due 2024 [Member]
Debt Instrument [Line Items]
Long-term debt, gross		$ 1,000	[3]					$ 1,000	[3]	0
Proceeds from issuance of long-term debt						$ 1,000		$ 1,000	[3]
Debt instrument, interest rate, stated percentage		4.25%	[2],[3]			4.25%		4.25%	[2],[3]
Debt issuance costs, gross						$ 20
Secured Debt [Member] | HGV senior secured revolving credit facility [Member]
Debt Instrument [Line Items]
Letters of credit, maximum allowable		$ 30						$ 30
Line of credit facility, unused capacity, commitment fee percentage | Rate		0.30%
Line of credit facility, maximum borrowing capacity		$ 200						200
Letters of credit outstanding, amount		0						$ 0
Term of debt instrument								5 years
Secured Debt [Member] | HGV senior secured term loan facility [Member]
Debt Instrument [Line Items]
Long-term debt, gross		200	[1]					$ 200	[1]	0
Proceeds from issuance of long-term debt		$ 200						$ 200	[1]
Debt instrument, interest rate, stated percentage | Rate	[1],[2]	2.94%						2.94%
Term of debt instrument								5 years
Secured Debt [Member] | Senior secured revolving credit facility [Member]
Debt Instrument [Line Items]
Line of credit facility, unused capacity, commitment fee percentage | Rate								0.125%
Line of credit facility, maximum borrowing capacity		$ 1,000						$ 1,000
Letters of credit outstanding, amount		45						45
Line of credit facility, remaining borrowing capacity		955						955
Secured Debt [Member] | Senior secured term loan facility due 2023 [Member]
Debt Instrument [Line Items]
Long-term debt, gross		$ 3,209	[4]			3,225		$ 3,209	[4]	3,225
Debt instrument, interest rate, stated percentage | Rate	[2],[4]	3.26%						3.26%
Debt issuance costs, gross						$ 4
Basis spread on variable rate debt						2.50%
Debt instrument, unamortized discount						$ 8
Repayments of Debt								$ 16
Unsecured debt [member] | Senior unsecured revolving credit facility [Member]
Debt Instrument [Line Items]
Debt issuance costs, gross		$ 7						7
Letters of credit, maximum allowable		50						50
Line of credit facility, maximum borrowing capacity		1,000						1,000
Letters of credit outstanding, amount		0						0
Line of credit facility, maximum allowable short-term borrowings		$ 50						$ 50
Line of credit facility, unused capacity, commitment fee percentage, minimum | Rate		0.20%
Line of credit facility, unused capacity, commitment fee percentage, maximum | Rate		0.30%
Term of debt instrument								4 years
Unsecured debt [member] | Senior unsecured term loan facility [Member]
Debt Instrument [Line Items]
Long-term debt, gross		$ 750	[5]					$ 750	[5]	0
Proceeds from issuance of long-term debt		$ 750						$ 750	[5]
Debt instrument, interest rate, stated percentage | Rate	[2],[5]	2.22%						2.22%
Debt issuance costs, gross		$ 6						$ 6
Term of debt instrument								5 years
Mortgages [Member]
Debt Instrument [Line Items]
Restricted cash and cash equivalents		49						$ 49		49
Mortgages [Member] | CMBS loan due 2023 [Member]
Debt Instrument [Line Items]
Proceeds from issuance of long-term debt					$ 725
Debt instrument, interest rate, stated percentage					4.11%
Number of hotels securing CMBS loan					2
Mortgages [Member] | CMBS loan due 2026 [Member]
Debt Instrument [Line Items]
Proceeds from issuance of long-term debt					$ 1,275
Debt instrument, interest rate, stated percentage					4.20%
Number of hotels securing CMBS loan					1
Mortgages [Member] | 2016 CMBS loans [Member]
Debt Instrument [Line Items]
Long-term debt, gross		2,000	[5]					2,000	[5]	0
Proceeds from issuance of long-term debt	[5]							2,000
Debt issuance costs, gross					$ 8
Number of loans					2
Mortgages [Member] | 2013 CMBS Loans [Member]
Debt Instrument [Line Items]
Long-term debt, gross		0						0		3,418
Write off of deferred debt issuance cost								19
Repayments of Debt								3,418
Mortgages [Member] | 2016 mortgage loan [Member]
Debt Instrument [Line Items]
Long-term debt, gross		$ 165	[5]					165	[5]	$ 104
Proceeds from issuance of long-term debt				$ 165				$ 165	[5]
Debt instrument, interest rate, stated percentage		4.17%	[2],[5]	4.17%				4.17%	[2],[5]
Repayments of Debt				$ 104				$ 104
Number of properties securing debt										1
Term of debt instrument								10 years
Debt instrument, description								one five-year extension
Mortgages [Member] | Bonnet Creek loan [Member]
Debt Instrument [Line Items]
Long-term debt, gross		$ 0						$ 0		$ 450
Repayments of Debt								$ 450
Mortgage loan assumed							$ 450
Timeshare Facility [member]
Debt Instrument [Line Items]
Proceeds from issuance of long-term debt		$ 300
Debt instrument, interest rate, stated percentage		1.96%						1.96%
Line of credit facility, maximum borrowing capacity						$ 450					$ 300
Timeshare Debt [Member]
Debt Instrument [Line Items]
Restricted cash and cash equivalents		$ 22						$ 22		$ 17
[1]	Issued by HGV.
[2]	Weighted average rate, where applicable.
[3]	Issued by Hilton.
[4]	This term loan was amended during the year ended December 31, 2016, as discussed under "Senior Credit Facilities" below.
[5]	Issued by Park.

Debt - Timeshare Debt (Details)

Debt - Timeshare Debt (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Timeshare Debt [Line Items]
Unamortized portion of deferred financing costs		$ (94)
Current maturities of timeshare debt	$ (73)	(110)
Timeshare debt	$ 621	392
Timeshare Facility [member]
Timeshare Debt [Line Items]
Debt instrument, interest rate, stated percentage	1.96%
Timeshare debt, including current maturities	$ 450	150
Securitized Timeshare Debt [member]
Timeshare Debt [Line Items]
Debt instrument, weighted average interest rate	1.97%
Timeshare debt, including current maturities	$ 246	356
Timeshare Debt [Member]
Timeshare Debt [Line Items]
Timeshare debt, including current maturities	696	506
Unamortized portion of deferred financing costs	$ (2)	$ (4)

Debt - Debt Maturities (Details

Debt - Debt Maturities (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Long-term Debt and Capital Lease Obligations [Member]
Debt Instrument [Line Items]
2,017	$ 105
2,018	60
2,019	57
2,020	820
2,021	2,460
Thereafter	6,731
Long-term debt and capital lease obligations, including current maturities	10,233
Timeshare Debt [Member]
Debt Instrument [Line Items]
2,017	74
2,018	50
2,019	486
2,020	47
2,021	39
Thereafter	0
Timeshare debt	$ 696	$ 506

Deferred Revenues - Schedule of

Deferred Revenues - Schedule of Deferred Revenues (Details) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Deferred Revenue Arrangement [Line Items]
Deferred revenues		$ 64	$ 283
Hilton HHonors points sales [member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues	[1]	29	233
Other deferred revenues [member]
Deferred Revenue Arrangement [Line Items]
Deferred revenues		$ 35	$ 50
[1]	In 2013, we sold Hilton Honors points to issuers of Hilton Honors co-branded credit cards and recorded deferred revenue upon receipt of the cash. The deferred revenue balance is reduced and revenue is recognized as the issuers use the points for promotions, rewards and incentive programs and certain other activities.

Other Liabilities - Schedule of

Other Liabilities - Schedule of Other Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Other Liabilities Disclosure [Abstract]
Program surplus	$ 446	$ 420
Pension obligations	215	183
Other long-term tax liabilities	482	295
Deferred employee compensation and benefits	117	173
Insurance reserves	131	87
Other	118	124
Other Liabilities, Noncurrent	$ 1,509	$ 1,282

Other Liabilities - Additional

Other Liabilities - Additional Information (Details)	12 Months Ended
	Dec. 31, 2016
Other Liabilities Disclosure [Abstract]
Insurance claims, satisfied average term	three years

Derivative Instruments and He95

Derivative Instruments and Hedging Activities - Fair Value of Derivative Instruments (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Other liabilities [member] | Designated as hedging instrument [member] | Term loan interest rate swaps [member]
Derivatives, Fair Value [Line Items]
Derivative liability		$ 15
Other liabilities [member] | Not designated as hedging instrument [member] | Term loan interest rate swaps [member]
Derivatives, Fair Value [Line Items]
Derivative liability	$ 12
Other assets, current [member] | Not designated as hedging instrument [member] | Foreign exchange forward contracts [member]
Derivatives, Fair Value [Line Items]
Derivative Asset	3	1
Accounts payable, accrued expenses and other [Member] | Not designated as hedging instrument [member] | Foreign exchange forward contracts [member]
Derivatives, Fair Value [Line Items]
Derivative liability	$ 4	$ 1

Derivative Instruments and He96

Derivative Instruments and Hedging Activities - Earnings Effect of Derivative Instruments (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Term loan interest rate swaps [member] | Designated as hedging instrument [member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative instruments, gain (loss) recognized in other comprehensive income (loss), effective portion, net	[1]	$ (7)	$ (11)	$ (14)
Derivative instruments, gain (loss) recognized in income, ineffective portion and amount excluded from effectiveness testing, net		0	0	0
Other gain (loss), net [member] | Term loan interest rate swaps [member] | Not designated as hedging instrument [member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) on Interest Rate Derivative Instruments Not Designated as Hedging Instruments		4
Interest expense [member] | Term loan interest rate swaps [member] | Not designated as hedging instrument [member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) Reclassified to Earnings, Net from Discontinued Cash Flow Hedges	[2]	4
Gain (loss) on foreign currency transactions [member] | Foreign exchange forward contracts [member] | Not designated as hedging instrument [member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) on foreign exchange forward contracts not designated as hedging instruments		$ 7	$ 11	$ 1
[1]	There were no amounts recognized in earnings related to hedge ineffectiveness or amounts excluded from hedge effectiveness testing during the years ended December 31, 2016, 2015 and 2014.
[2]	The amount recognized during the year ended December 31, 2016 is related to the dedesignation of these instruments as cash flow hedges and was reclassified from accumulated other comprehensive loss as the underlying transactions occurred.

Derivative Instruments and He97

Derivative Instruments and Hedging Activities - Additional Information (Details) - Not designated as hedging instrument [member] $ in Millions	Dec. 31, 2016USD ($)Derivative
Term loan interest rate swaps [member]
Derivative [Line Items]
Derivative, notional amount | $	$ 1,450
Derivative, swaption interest rate	1.87%
Number of interest rate derivatives held | Derivative	4
Foreign exchange forward contracts [member]
Derivative [Line Items]
Derivative, notional amount | $	$ 326
Number of foreign exchange forward contracts held | Derivative	68

Fair Value Measurements - Sched

Fair Value Measurements - Schedule by Balance Sheet Grouping (Details) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Capital lease obligations [member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt and capital lease obligations, including current maturities		$ 242	$ 245
Non-recourse debt of consolidated VIEs [member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt and capital lease obligations, including current maturities		33	32
Level 1 [member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt		2,886	1,619
Level 2 [member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents		958	327
Restricted cash equivalents		11	18
Interest rate swaps		12	15
Level 3 [member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Timeshare financing receivables		1,153	1,080
Long-term debt		7,152	8,267
Timeshare debt		696	506
Carrying value [member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash equivalents		958	327
Restricted cash equivalents		11	18
Timeshare financing receivables	[1]	1,031	976
Long-term debt	[2],[3]	9,843	9,673
Timeshare debt	[2]	694	502
Interest rate swaps		$ 12	$ 15
[1]	Carrying value includes allowance for loan loss.
[2]	Carrying value includes unamortized deferred financing costs and discounts.
[3]	Excludes capital lease obligations with a carrying value of $242 million and $245 million as of December 31, 2016 and December 31, 2015, respectively, and debt of certain consolidated VIEs with a carrying value of $33 million and $32 million, respectively.

Leases - Schedule of Future Min

Leases - Schedule of Future Minimum Rental Payments (Details) $ in Millions	Dec. 31, 2016USD ($)
Operating leases [member]
Schedule of Future Lease Payments [Line Items]
2,017	$ 210
2,018	191
2,019	177
2,020	171
2,021	161
Thereafter	1,081
Total minimum rent payments	1,991
Recourse capital leases [member]
Schedule of Future Lease Payments [Line Items]
2,017	5
2,018	5
2,019	6
2,020	6
2,021	6
Thereafter	105
Total minimum rent payments	133
Amount representing interest	(82)
Present value of net minimum rent payments	51
Non-recourse capital leases [member]
Schedule of Future Lease Payments [Line Items]
2,017	14
2,018	23
2,019	23
2,020	24
2,021	24
Thereafter	174
Total minimum rent payments	282
Amount representing interest	(91)
Present value of net minimum rent payments	$ 191

Leases - Schedule of Rent Expen

Leases - Schedule of Rent Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Rent Expense [Abstract]
Minimum rentals	$ 268	$ 290	$ 293
Contingent rentals	120	126	146
Rent expense	$ 388	$ 416	$ 439

Leases - Additional Information

Leases - Additional Information (Details)	12 Months Ended
	Dec. 31, 2016HotelEntity	Dec. 31, 2015HotelEntity
Additional Information [Abstract]
Number of hotel properties under operating leases	66	69
Number of hotel properties under capital leases	5	5
Number of consolidated variable interest entities capital leases | Entity	2	2
Leases starting expiration date	2,017
Leases ending expiration date	2,196
Date majority of leases expire	2,026

Income Taxes - Income Before In

Income Taxes - Income Before Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
U.S. income before tax	$ 1,582	$ 1,178	$ 937
Foreign income (loss) before tax	(327)	318	210
Income before income taxes	$ 1,255	$ 1,496	$ 1,147

Income Taxes - Components of In

Income Taxes - Components of Income Tax Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Federal	$ 787	$ 446	$ 323
State	107	45	28
Foreign	76	68	100
Total current	970	559	451
Federal	(123)	(527)	8
State	74	(23)	10
Foreign	(30)	71	(4)
Deferred income taxes	(79)	(479)	14
Provision for income taxes	$ 891	$ 80	$ 465

Income Taxes - Effective Income

Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Statutory U.S. federal income tax provision	$ 439	$ 524	$ 402
State income taxes, net of U.S. federal tax benefit	47	53	35
Foreign income tax expense	127	119	56
Foreign losses not subject to U.S. tax	0	0	(7)
Nontaxable liquidation of subsidiaries	0	(640)	0
U.S. benefit of foreign taxes	(69)	(118)	(55)
Corporate restructuring	513	0	0
Change in deferred tax asset valuation allowance	(72)	15	14
Change in basis difference in foreign subsidiaries	20	8	10
Provision (benefit) for uncertain tax positions	(139)	18	5
Non-deductible transaction costs	27	0	0
Non-deductible share-based compensation	0	23	11
Non-deductible goodwill	0	77	0
Other, net	(2)	1	(6)
Provision for income taxes	$ 891	$ 80	$ 465

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 410	$ 456
Compensation	228	254
Other reserves	72	88
Capital lease obligations	92	100
Insurance reserves	36	51
Program Surplus	84	79
Other	83	108
Total gross deferred tax assets	1,005	1,136
Less: valuation allowance	(507)	(491)
Deferred tax assets	498	645
Property and equipment	(2,377)	(2,198)
Brands	(1,626)	(1,889)
Amortizable intangible assets	(330)	(520)
Investments	(64)	(11)
Investment in foreign subsidiaries	(39)	(35)
Deferred income	(520)	(544)
Deferred tax liabilities	(4,956)	(5,197)
Net deferred taxes	$ (4,458)	$ (4,552)

Income Taxes - Summary of Unrec

Income Taxes - Summary of Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]
Balance at beginning of year	$ 407	$ 401	$ 435
Additions for tax positions related to the prior year	65	12	25
Additions for tax positions related to the current year	9	8	10
Reductions for tax positions for prior years	(204)	(4)	(63)
Settlements	(21)	(4)	(1)
Lapse of statute of limitations	(3)	(2)	(2)
Currency translation adjustment	0	(4)	(3)
Balance at end of year	$ 253	$ 407	$ 401

Income Taxes - Additional Infor

Income Taxes - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Loss Carryforwards [Line Items]
Deferred tax liabilities	$ 4,458	$ 4,552
Deferred income taxes	(79)	(479)	$ 14
Effective income tax rate reconciliation additional income tax expense from structuring transactions	513	0	0
Valuation allowance release, deferred tax asset, foreign	32
Deferred tax assets, state net operating loss carryforwards	10
Deferred tax assets, foreign net operating loss carryforwards	400
Deferred tax assets, net operating loss carryforwards due to expire	$ 17
Net operating loss carryforwards expiration range	2017 and 2036
Net operating loss carryforwards due to expire in one year	$ 1
Deferred tax assets, net operating loss carryforwards not subject to expiration	393
Net operating loss carryforwards valuation allowance	385
Deferred tax asset valuation allowance increase (decrease)	16
Accrued interest and penalties related to uncertain tax positions	31	27
Interest and penalties expense related to uncertain tax positions	4	5	$ 8
Unrecognized tax benefits that would impact effective tax rate	217	$ 377
Decrease in unrecognized tax benefits is reasonably possible	8
IRS proposed additional U.S. federal tax owed	874
Accrual for Taxing Authority Proposed Tax Owed Adjustment	44
State and Local Jurisdiction [member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	192
Foreign Tax Authority [member]
Operating Loss Carryforwards [Line Items]
Net operating loss carryforwards	1,600
Tax Free Liquidations [Member]
Operating Loss Carryforwards [Line Items]
Deferred tax liabilities	512
Deferred tax assets	128
Deferred income taxes	$ 640

Employee Benefit Plans - Schedu

Employee Benefit Plans - Schedule of Changes in Projected Benefit Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Domestic plan [member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	$ 394	$ 425
Service cost	0	0
Interest cost	13	16	$ 17
Actuarial loss (gain)	1	(8)
Settlements and curtailments	(2)	(14)
Effect of foreign exchange rates	0	0
Benefits paid	(25)	(25)
Benefit obligation at end of year	381	394	425
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	265	283
Actual return on plan assets, net of expenses	11	(11)
Employer contributions	18	32
Effect of foreign exchange rates	0	0
Benefits paid	(25)	(25)
Settlements	(2)	(14)
Fair value of plan assets at end of year	267	265	283
Funded status at end of year (overfunded/(underfunded))	(114)	(129)
Defined Benefit Plan, Accumulated Benefit Obligation	381	394
U.K. plan [member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	391	415
Service cost	2	1
Interest cost	12	15	17
Actuarial loss (gain)	87	(5)
Settlements and curtailments	0	0
Effect of foreign exchange rates	(74)	(19)
Benefits paid	(14)	(16)
Benefit obligation at end of year	404	391	415
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	368	390
Actual return on plan assets, net of expenses	42	(1)
Employer contributions	5	13
Effect of foreign exchange rates	(65)	(18)
Benefits paid	(14)	(16)
Settlements	0	0
Fair value of plan assets at end of year	336	368	390
Funded status at end of year (overfunded/(underfunded))	(68)	(23)
Defined Benefit Plan, Accumulated Benefit Obligation	404	391
International plans [member]
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	82	115
Service cost	2	2
Interest cost	2	2	4
Actuarial loss (gain)	2	(1)
Settlements and curtailments	(1)	(4)
Effect of foreign exchange rates	(1)	(4)
Benefits paid	(5)	(28)
Benefit obligation at end of year	81	82	115
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Fair value of plan assets at beginning of year	60	85
Actual return on plan assets, net of expenses	1	0
Employer contributions	3	8
Effect of foreign exchange rates	0	(1)
Benefits paid	(5)	(28)
Settlements	(1)	(4)
Fair value of plan assets at end of year	58	60	$ 85
Funded status at end of year (overfunded/(underfunded))	(23)	(22)
Defined Benefit Plan, Accumulated Benefit Obligation	$ 81	$ 82

Employee Benefit Plans - Sch109

Employee Benefit Plans - Schedule of Amounts Recognized in Balance Sheet (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Non-current asset	$ 4	$ 2
Non-current liability	(118)	(131)
Net amount recognized	(114)	(129)
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Non-current asset	0	0
Non-current liability	(68)	(23)
Net amount recognized	(68)	(23)
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Non-current asset	6	7
Non-current liability	(29)	(29)
Net amount recognized	$ (23)	$ (22)

Employee Benefit Plans - Sch110

Employee Benefit Plans - Schedule of Amounts Recognized in Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	$ 0	$ 15	$ 42
Prior service cost (credit)	(3)	(4)	(4)
Amortization of net loss (gain)	(3)	(3)	(7)
Net amount recognized	(6)	8	31
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	41	16	33
Prior service cost (credit)	0	0	0
Amortization of net loss (gain)	(2)	(2)	(1)
Net amount recognized	39	14	32
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	3	1	10
Prior service cost (credit)	0	0	0
Amortization of net loss (gain)	(1)	(9)	(1)
Net amount recognized	$ 2	$ (8)	$ 9

Employee Benefit Plans - Sch111

Employee Benefit Plans - Schedule of Amounts in AOCI to be Recognized over Next Fiscal Year (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Unrecognized net losses	$ 2	$ 2	$ 3
Unrecognized prior service cost (credit)	4	4	4
Amount unrecognized	6	6	7
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Unrecognized net losses	4	2	2
Unrecognized prior service cost (credit)	0	0	0
Amount unrecognized	4	2	2
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Unrecognized net losses	0	0	1
Unrecognized prior service cost (credit)	0	0	0
Amount unrecognized	$ 0	$ 0	$ 1

Employee Benefit Plans - Net Pe

Employee Benefit Plans - Net Periodic Pension Cost (Credit) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Service cost and administrative expenses	$ 8	$ 7	$ 7
Interest cost	13	16	17
Expected return on plan assets	(19)	(19)	(18)
Amortization of prior service cost (credit)	4	4	4
Amortization of net loss (gain)	3	3	1
Settlement losses	0	0	5
Net periodic pension cost (credit)	9	11	16
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Service cost and administrative expenses	2	2	1
Interest cost	12	15	17
Expected return on plan assets	(22)	(25)	(24)
Amortization of prior service cost (credit)	0	0	0
Amortization of net loss (gain)	2	2	1
Settlement losses	0	0	0
Net periodic pension cost (credit)	(6)	(6)	(5)
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Service cost and administrative expenses	3	3	2
Interest cost	2	2	4
Expected return on plan assets	(3)	(4)	(4)
Amortization of prior service cost (credit)	0	0	0
Amortization of net loss (gain)	0	0	1
Settlement losses	0	10	1
Net periodic pension cost (credit)	$ 2	$ 11	$ 4

Employee Benefit Plans - Sch113

Employee Benefit Plans - Schedule of Assumptions Used (Details)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	4.00%	4.30%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	4.20%	3.90%	4.70%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets	7.30%	7.50%	7.50%
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	2.80%	3.90%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase	1.90%	1.70%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Pension Increase	3.10%	2.80%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	3.90%	3.80%	4.70%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets	6.50%	6.50%	6.50%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase	1.70%	1.60%	1.90%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Pension Increase	2.80%	2.80%	3.00%
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	3.10%	3.50%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase	2.10%	2.10%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Pension Increase	1.70%	1.60%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	3.50%	3.30%	4.30%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Return on Assets	5.40%	5.10%	6.00%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase	2.10%	2.20%	2.30%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Pension Increase	1.60%	1.80%	1.90%

Employee Benefit Plans - Fair V

Employee Benefit Plans - Fair Value of Pension Assets (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 267	$ 265	$ 283
Domestic plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	26	66
Domestic plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	241	199
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	336	368	390
U.K. plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
U.K. plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	336	368
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	58	60	$ 85
International plans [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	13	14
International plans [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	45	46
Cash and cash equivalents [member] | Domestic plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and cash equivalents [member] | Domestic plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and cash equivalents [member] | U.K. plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and cash equivalents [member] | U.K. plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Cash and cash equivalents [member] | International plans [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	10	10
Cash and cash equivalents [member] | International plans [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity funds [member] | Domestic plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	25	64
Equity funds [member] | Domestic plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity funds [member] | U.K. plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity funds [member] | U.K. plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Equity funds [member] | International plans [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	3	4
Equity funds [member] | International plans [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6	7
Debt securities [member] | Domestic plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	1	2
Debt securities [member] | Domestic plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	62	71
Debt securities [member] | U.K. plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Debt securities [member] | U.K. plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Debt securities [member] | International plans [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Debt securities [member] | International plans [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Bond funds [member] | Domestic plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Bond funds [member] | Domestic plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Bond funds [member] | U.K. plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Bond funds [member] | U.K. plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Bond funds [member] | International plans [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Bond funds [member] | International plans [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	6	7
Common collective trusts [member] | Domestic plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common collective trusts [member] | Domestic plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	139	128
Common collective trusts [member] | U.K. plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common collective trusts [member] | U.K. plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	336	368
Common collective trusts [member] | International plans [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0	0
Common collective trusts [member] | International plans [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	33	$ 32
Other [member] | Domestic plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Other [member] | Domestic plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	40
Other [member] | U.K. plan [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Other [member] | U.K. plan [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Other [member] | International plans [member] | Level 1 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	0
Other [member] | International plans [member] | Level 2 [member]
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 0

Employee Benefit Plans - Sch115

Employee Benefit Plans - Schedule of Expected Benefit Payments (Details) $ in Millions	Dec. 31, 2016USD ($)
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
2,016	$ 30
2,017	27
2,018	26
2,019	26
2,020	26
2021-2025	124
Defined Benefit Plan Expected Future Benefit Payments	259
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
2,016	13
2,017	13
2,018	13
2,019	14
2,020	14
2021-2025	73
Defined Benefit Plan Expected Future Benefit Payments	140
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
2,016	9
2,017	5
2,018	5
2,019	5
2,020	5
2021-2025	24
Defined Benefit Plan Expected Future Benefit Payments	$ 53

Employee Benefit Plans - Additi

Employee Benefit Plans - Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Multiemployer Plans, Plan Assets	$ 289
Multiemployer Plans, Accumulated Benefit Obligation	405
Defined Contribution Plan, Cost Recognized	23	$ 23	$ 23
Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year	21
Defined Benefit Plan, Benefit Obligation	381	394	425
U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year	8
Defined Benefit Plan, Benefit Obligation	404	391	415
International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plans, Estimated Future Employer Contributions in Next Fiscal Year	4
Defined Benefit Plan, Benefit Obligation	81	82	$ 115
Supplemental plans [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Benefit Obligation	$ 19	$ 17
Supplemental Plan, Cost Recognized	3	less than $1 million	less than $1 million
Equity securities [member] | Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	65.00%	60.00%
Debt securities [member] | Domestic plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	35.00%	40.00%
Common collective trusts [member] | U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	65.00%	65.00%
Common collective trusts [member] | International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	65.00%	65.00%
Bonds [member] | U.K. plan [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	35.00%	35.00%
Bonds [member] | International plans [member]
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Target Plan Asset Allocations	35.00%	35.00%

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Additional Information on Restricted Stock Units (Details) - Restricted Stock Units (RSUs) [member] - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule Of Additional Information On Restricted Stock Units [Line Items]
Number of shares granted	1,169,238	679,546	1,883,454
Weighted average grant date fair value per share	$ 59.73	$ 82.38	$ 64.59
Fair value of shares vested (in millions)	$ 40	$ 90	$ 0	[1]
[1]	The fair value of shares vested during the year ended December 31, 2014 was less than $1 million.

Share-Based Compensation - S118

Share-Based Compensation - Schedule of Restricted Stock Units Award Activity (Details) - Restricted Stock Units (RSUs) [member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, beginning balance	1,246,084
Granted	1,169,238	679,546	1,883,454
Vested	(683,262)
Forfeited	(107,519)
Outstanding, ending balance	1,624,541	1,246,084
Weighted average grant date fair value, outstanding beginning balance	$ 73.44
Weighted average grant date fair value, granted	59.73	$ 82.38	$ 64.59
Weighted average grant date fair value, vested	70.50
Weighted average grant date fair value, forfeited	66.90
Weighted average grant date fair value, outstanding ending balance	$ 65.24	$ 73.44

Share-Based Compensation - S119

Share-Based Compensation - Schedule of Additional Information on Stock Options (Details) - Stock options [member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Schedule of Additional Information on Stock Options [Line Items]
Number of options granted	503,150	309,528	334,530
Weighted average exercise price per share	$ 58.83	$ 82.38	$ 64.59
Weighted average grant date fair value per share	$ 16.41	$ 25.17	$ 22.74

Share-Based Compensation - S120

Share-Based Compensation - Schedule of Stock Options Activity (Details) - Stock options [member] - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, beginning balance	616,832
Granted	503,150	309,528	334,530
Exercised	(5,724)
Forfeited, canceled or expired	(38,227)
Outstanding, ending balance	1,076,031	616,832
Exercisable	293,517
Weighted average exercise price, beginning balance	$ 73.47
Weighted average exercise price, granted	58.83	$ 82.38	$ 64.59
Weighted average exercise price, exercised	64.59
Weighted average exercise price, forfeited, canceled or expired	69.03
Weighted average exercise price, ending balance	66.83	$ 73.47
Weighted average exercise price, exercisable	$ 70.57

Share-Based Compensation - S121

Share-Based Compensation - Schedule of Stock Options Valuation Assumptions (Details) - Stock options [member]		12 Months Ended
		Dec. 31, 2016Rate	Dec. 31, 2015Rate	Dec. 31, 2014Rate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	[1]	32.00%	28.00%	33.00%
Dividend yield	[2]	1.43%	0.00%	0.00%
Risk-free rate	[3]	1.36%	1.67%	1.85%
Expected term	[4]	6 years	6 years	6 years
[1]	Due to limited trading history for our common stock, we did not have sufficient information available on which to base a reasonable and supportable estimate of the expected volatility of our share price. As a result, we used an average historical volatility of our peer group over a time period consistent with our expected term assumption. Our peer group was determined based upon companies in our industry with similar business models and is consistent with those used to benchmark our executive compensation.
[2]	Estimated based on the expected annualized dividend payment at the date of grant. For the 2014 and 2015 options, we had no plans to pay dividends during the expected term at the time of grant.
[3]	Based on the yields of U.S. Department of Treasury instruments with similar expected lives.
[4]	Estimated using the average of the vesting periods and the contractual term of the options.

Share-Based Compensation - S122

Share-Based Compensation - Schedule of Additional Information on Performance Shares (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Relative shareholder return [member]
Schedule of Additional Information on Performance Shares [Line Items]
Number of shares granted	300,784	204,523	176,661
Weighted average grant date fair value per share	$ 62.43	$ 98.94	$ 70.68
Fair value of shares vested (in millions)	$ 16	$ 0	$ 0
EBITDA CAGR [member]
Schedule of Additional Information on Performance Shares [Line Items]
Number of shares granted	300,784	204,523	176,661
Weighted average grant date fair value per share	$ 58.83	$ 82.38	$ 64.59
Fair value of shares vested (in millions)	$ 12	$ 0	$ 0

Share-Based Compensation - S123

Share-Based Compensation - Schedule of Performance Shares Award Activity (Details) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Relative shareholder return [member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, beginning balance	366,361
Granted	300,784	204,523	176,661
Vested	(152,835)
Forfeited or canceled	(178,508)
Outstanding, ending balance	335,802	366,361
Weighted average grant date fair value, outstanding beginning balance	$ 86.37
Weighted average grant date fair value, granted	62.43	$ 98.94	$ 70.68
Weighted average grant date fair value, vested	70.68
Weighted average grant date fair value, forfeited or canceled	77.58
Weighted average grant date fair value, outstanding ending balance	$ 76.74	$ 86.37
EBITDA CAGR [member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, beginning balance	366,361
Granted	300,784	204,523	176,661
Vested	(152,835)
Forfeited or canceled	(178,508)
Outstanding, ending balance	335,802	366,361
Weighted average grant date fair value, outstanding beginning balance	$ 74.49
Weighted average grant date fair value, granted	58.83	$ 82.38	$ 64.59
Weighted average grant date fair value, vested	64.59
Weighted average grant date fair value, forfeited or canceled	68.61
Weighted average grant date fair value, outstanding ending balance	$ 68.09	$ 74.49

Share-Based Compensation - S124

Share-Based Compensation - Schedule of Performance Shares Valuation Assumptions (Details) - Relative shareholder return [member]		12 Months Ended
		Dec. 31, 2016Rate	Dec. 31, 2015Rate	Dec. 31, 2014Rate
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected volatility	[1]	31.00%	24.00%	30.00%
Dividend yield	[2]	0.00%	0.00%	0.00%
Risk-free rate	[3]	0.92%	1.04%	0.70%
Expected term	[4]	2 years 9 months	2 years 9 months	2 years 9 months
[1]	Due to limited trading history for our common stock, we did not have sufficient information available on which to base a reasonable and supportable estimate of the expected volatility of our share price. As a result, we used an average historical volatility of our peer group over a time period consistent with our expected term assumption. Our peer group was determined based upon companies in our industry with similar business models and is consistent with those used to benchmark our executive compensation.
[2]	As dividends are assumed to be reinvested in shares of common stock and dividends will not be paid to the participants of the performance shares unless the shares vest, we utilized a dividend yield of zero percent.
[3]	Based on the yields of U.S. Department of Treasury instruments with similar expected lives.
[4]	Midpoint of the 30-calendar day period preceding the end of the performance period.

Share-Based Compensation - Addi

Share-Based Compensation - Additional Information (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense	$ 91	$ 162	$ 74
Tax benefit	35	37	$ 34
Share-based compensation liability accrued	16	$ 7
Unrecognized compensation costs	$ 99
Weighted-average remaining period of unrecognized compensation costs	1 year 8 months
Shares reserved for future issuance	21,823,633
2015 and 2016 performance shares conversion percentage to restricted stock units	100.00%
Incremental expense related to modification of grants	$ 0.3
Incremental expense related to modification of grants recognized over the remaining terms of the awards	$ 6.5
Stock options [member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average remaining contractual term	8 years 2 months
EBITDA CAGR [member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value, granted	$ 58.83	$ 82.38	$ 64.59
Relative shareholder return [member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average grant date fair value, granted	$ 62.43	$ 98.94	$ 70.68
Deferred share units [member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
DSU shares issued	11,393	6,179
Weighted average grant date fair value, granted	$ 66.12	$ 84.96

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended																12 Months Ended
	Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive share-based compensation awards excluded from computation of earnings per share																	1		0		0
Net income attributable to Hilton Stockholders	$ (387)		$ 187		$ 239		$ 309		$ 814		$ 279		$ 161		$ 150		$ 348		$ 1,404		$ 673
Basic EPS:
Weighted average shares outstanding																	329		329		328
Basic EPS	$ (1.18)	[1]	$ 0.57	[1]	$ 0.73	[1]	$ 0.94	[1]	$ 2.47	[1]	$ 0.85	[1]	$ 0.49	[1]	$ 0.46	[1]	$ 1.06	[1]	$ 4.27	[1]	$ 2.05	[2]
Diluted EPS:
Weighted average shares outstanding																	330		330		329
Diluted EPS	$ (1.17)	[1]	$ 0.57	[1]	$ 0.72	[1]	$ 0.94	[1]	$ 2.47	[1]	$ 0.85	[1]	$ 0.49	[1]	$ 0.46	[1]	$ 1.05	[1]	$ 4.26	[1]	$ 2.05	[2]
[1]	The sum of the earnings per share for the four quarters differs from annual earnings per share due to the required method of computing the weighted average shares outstanding in interim periods. All per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1: "Organization" for further discussion.
[2]	Weighted average shares outstanding used in the computation of basic and diluted earnings per share and cash dividends declared per share were adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3, 2017.

Accumulated Other Comprehens127

Accumulated Other Comprehensive Loss - Schedule of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		$ (784)	$ (628)	$ (264)
Other comprehensive loss before reclassifications		(225)	(178)	(357)
Amounts reclassified from accumulated other comprehensive loss		8	22	(1)
Net current period other comprehensive income (loss)		(217)	(156)	(358)
Equity contribution to consolidated variable interest entities				0
Ending balance		(1,001)	(784)	(628)
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance	[1]	(580)	(446)	(136)
Other comprehensive loss before reclassifications	[1]	(157)	(150)	(299)
Amounts reclassified from accumulated other comprehensive loss	[1]	(1)	16	(5)
Net current period other comprehensive income (loss)	[1]	(158)	(134)	(304)
Equity contribution to consolidated variable interest entities	[1]			(6)
Ending balance	[1]	(738)	(580)	(446)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		(194)	(179)	(134)
Other comprehensive loss before reclassifications		(63)	(21)	(49)
Amounts reclassified from accumulated other comprehensive loss		6	6	4
Net current period other comprehensive income (loss)		(57)	(15)	(45)
Ending balance		(251)	(194)	(179)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Beginning balance		(10)	(3)	6
Other comprehensive loss before reclassifications		(5)	(7)	(9)
Amounts reclassified from accumulated other comprehensive loss		3	0	0
Net current period other comprehensive income (loss)		(2)	(7)	(9)
Ending balance		$ (12)	$ (10)	(3)
Accumulated Other Comprehensive Income (Loss) [member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Equity contribution to consolidated variable interest entities				$ (6)
[1]	Includes net investment hedges and intra-entity foreign currency transactions that are of a long-term investment nature.

Accumulated Other Comprehens128

Accumulated Other Comprehensive Loss - Reclassifications Out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Gains on net investment hedges		$ (4)	[1]	$ 0		$ 0
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax		1	[2]	0		0
Tax benefit (expense)	[2]	0	[3]	9		0	[3]
Amortization of prior service credit (cost)	[4]	(4)		(4)		(4)
Amortization of net gain (loss)	[4]	(5)		(5)		(3)
Tax benefit (expense)	[2]	3		3		3
Amounts reclassified from accumulated other comprehensive loss		(8)		(22)		1
Currency translation adjustment release [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Sale and liquidation of foreign assets		0		(25)	[5]	3	[5]
Net investment hedges [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Sale and liquidation of foreign assets		1	[6]	0		2	[6]
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive loss		(6)		(6)		(4)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive loss		(3)		0		0
Accumulated Foreign Currency Adjustment Attributable to Parent [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Amounts reclassified from accumulated other comprehensive loss	[7]	$ 1		$ (16)		$ 5
[1]	Reclassified out of accumulated other comprehensive loss to interest expense in our consolidated statements of operations.
[2]	Reclassified out of accumulated other comprehensive loss to income tax expense in our consolidated statements of operations.
[3]	The tax benefit was less than $1 million for the years ended December 31, 2016 and 2014.
[4]	Reclassified out of accumulated other comprehensive loss to general, administrative and other in our consolidated statements of operations. These amounts were included in the computation of net periodic pension cost. See Note 19: "Employee Benefit Plans" for additional information.
[5]	Reclassified out of accumulated other comprehensive loss to gain on sales of assets, net for the year ended December 31, 2015 and other gain (loss), net for the year ended December 31, 2014 in our consolidated statements of operations.
[6]	Reclassified out of accumulated other comprehensive loss to gain (loss) on foreign currency transactions in our consolidated statements of operations.
[7]	Includes net investment hedges and intra-entity foreign currency transactions that are of a long-term investment nature.

Business Segments - Hotel Prope

Business Segments - Hotel Properties by Segment (Details)	12 Months Ended
	Dec. 31, 2016RoomTimeshareHotelInterval	Dec. 31, 2015Hotel
Segment Reporting Information [Line Items]
Number of operating business segments	3
Number of hotels owned or leased by unconsolidated joint ventures	15	16
Number of timeshare properties | Timeshare	47
Number of timeshare units | Interval	7,657
Ownership [member]
Segment Reporting Information [Line Items]
Number of owned and leased hotel properties	141
Number of owned and leased hotel rooms | Room	57,716
Number of hotels wholly owned and leased hotels and resorts	120
Number of non-wholly owned hotel properties	1
Number of hotels of consolidated VIEs	5
Number of hotels owned or leased by unconsolidated joint ventures	15
Management and franchise [member]
Segment Reporting Information [Line Items]
Number of managed hotels	559
Number of franchised hotels	4,175
Number of managed and franchised hotel properties	4,734
Number of managed and franchised rooms | Room	738,724
Timeshare [member]
Segment Reporting Information [Line Items]
Number of timeshare properties | Timeshare	47
Number of timeshare units | Interval	7,657

Business Segments - Reconciliat

Business Segments - Reconciliation of Revenues from Segments to Consolidated (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Revenue Reconciling Items [Line Items]
Total revenues		$ 2,920	$ 2,942	$ 3,051	$ 2,750	$ 2,856	$ 2,895	$ 2,922	$ 2,599	$ 11,663	$ 11,272	$ 10,502
Other revenues from managed and franchised properties										4,446	4,130	3,691
Rental and other fees	[1]									27	25	28
Management, royalty and intellectual property fees	[2]									135	131	113
Licensing fee	[3]									45	43	44
Laundry services	[4]									7	7	9
Other	[5]									4	4	4
Ownership [member]
Segment Reporting, Revenue Reconciling Items [Line Items]
Total revenues										4,157	4,262	4,271
Management and franchise [member]
Segment Reporting, Revenue Reconciling Items [Line Items]
Total revenues										1,786	1,691	1,468
Timeshare [member]
Segment Reporting, Revenue Reconciling Items [Line Items]
Total revenues										1,390	1,308	1,171
Operating segments [member]
Segment Reporting, Revenue Reconciling Items [Line Items]
Total revenues										7,333	7,261	6,910
Other revenues for segment reconciliation [member]
Segment Reporting, Revenue Reconciling Items [Line Items]
Total revenues										102	91	99
Intersegment eliminations [member]
Segment Reporting, Revenue Reconciling Items [Line Items]
Total revenues	[6]									$ (218)	$ (210)	$ (198)
[1]	.
[2]	.
[3]	.
[4]	.
[5]	.
[6]	Includes the following intercompany charges that were eliminated in our consolidated financial statements: Year Ended December 31, 2016 2015 2014 (in millions)Rental and other fees(a)$27 $25 $28Management, royalty and intellectual property fees(b)135 131 113Licensing fee(c)45 43 44Laundry services(d)7 7 9Other(e)4 4 4Intersegment fees elimination$218 $210 $198____________(a) Represents fees charged to our timeshare segment by our ownership segment.(b) Represents fees charged to our ownership segment by our management and franchise segment.(c) Represents fees charged to our timeshare segment by the management and franchise segment.(d) Represents charges to our ownership segment for services provided by our wholly owned laundry business. Revenues from our laundry business are included in other revenues. The laundry business was owned by Park effective January 3, 2017 upon completion of the spin-offs.(e) Represents other intercompany charges, which are a benefit to our ownership segment and a cost to corporate and other.

Business Segments - Reconcil131

Business Segments - Reconciliation of Adjusted EBITDA to Net Income (Details) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Adjusted EBITDA to Net Income [Line Items]
Interest expense										$ (587)	$ (575)	$ (618)
Income tax expense										(891)	(80)	(465)
Depreciation and amortization										(686)	(692)	(628)
Interest expense, income tax, depreciation and amortization and impairment loss included in equity in earnings from unconsolidated affiliates										(47)	(32)	37
Gain on sales of assets, net										9	306	0
Gain (loss) on foreign currency transactions										(13)	(41)	26
FF&E replacement reserve										(56)	(48)	(46)
Share-based compensation expense										(91)	(162)	(74)
Impairment loss										(15)	(9)	0
Other gain (loss), net										(26)	(1)	37
Other adjustment items	[1]									(208)	(129)	(63)
Net income		$ (382)	$ 192	$ 244	$ 310	$ 816	$ 283	$ 167	$ 150	364	1,416	682
Operating segments [member]
Reconciliation of Adjusted EBITDA to Net Income [Line Items]
Adjusted EBITDA										3,196	3,107	2,805
Corporate and other [member]
Reconciliation of Adjusted EBITDA to Net Income [Line Items]
Adjusted EBITDA	[2]									(221)	(228)	(255)
Ownership [member]
Reconciliation of Adjusted EBITDA to Net Income [Line Items]
Adjusted EBITDA	[2],[3]									1,029	1,064	1,000
Management and franchise [member]
Reconciliation of Adjusted EBITDA to Net Income [Line Items]
Adjusted EBITDA	[2]									1,786	1,691	1,468
Timeshare [member]
Reconciliation of Adjusted EBITDA to Net Income [Line Items]
Adjusted EBITDA	[2]									$ 381	$ 352	$ 337
[1]	Includes $22 million and $95 million of severance costs related to the sale of the Waldorf Astoria New York for the years ended December 31, 2016 and 2015, respectively. Also includes $137 million of costs related to the spin-offs for the year ended December 31, 2016.
[2]	Our measures of Adjusted EBITDA included intercompany charges that were eliminated in our consolidated financial statements. Refer to the footnote to the segment revenues table for detail of the intercompany charges.
[3]	Includes unconsolidated affiliate Adjusted EBITDA.

Business Segments - Schedule of

Business Segments - Schedule of Assets by Segment (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 26,211	$ 25,622
Ownership [member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	10,979	11,269
Management and franchise [member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	10,224	10,392
Timeshare [member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	2,391	1,935
Corporate and other [member]
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	$ 2,617	$ 2,026

Business Segments - Schedule133

Business Segments - Schedule of Capital Expenditures by Segment (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Capital Expenditure Reconciling Item [Line Items]
Capital expenditures for property and equipment	$ 317	$ 310	$ 268
Ownership [member]
Segment Reporting, Capital Expenditure Reconciling Item [Line Items]
Capital expenditures for property and equipment	270	277	245
Timeshare [member]
Segment Reporting, Capital Expenditure Reconciling Item [Line Items]
Capital expenditures for property and equipment	28	17	14
Corporate and other [member]
Segment Reporting, Capital Expenditure Reconciling Item [Line Items]
Capital expenditures for property and equipment	$ 19	$ 16	$ 9

Business Segments - Schedule134

Business Segments - Schedule of Revenue from External Customers by Geographic Area (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenue from External Customer [Line Items]
Total revenues	$ 2,920	$ 2,942	$ 3,051	$ 2,750	$ 2,856	$ 2,895	$ 2,922	$ 2,599	$ 11,663	$ 11,272	$ 10,502
United States [member]
Revenue from External Customer [Line Items]
Total revenues									9,382	8,844	7,927
Rest of world [member]
Revenue from External Customer [Line Items]
Total revenues									$ 2,281	$ 2,428	$ 2,575

Business Segments - Schedule135

Business Segments - Schedule of Property and Equipment, Net by Country (Details) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Schedule of Property and Equipment, Net by Country [Line Items]
Property and equipment, net	$ 8,930	$ 9,119
United States [member]
Schedule of Property and Equipment, Net by Country [Line Items]
Property and equipment, net	8,438	8,612
Rest of world [member]
Schedule of Property and Equipment, Net by Country [Line Items]
Property and equipment, net	$ 492	$ 507

Business Segments Additional In

Business Segments Additional Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting [Abstract]
Severance costs	$ 22	$ 95
Costs related to spin-offs	$ 137

Commitments and Contingencies (

Commitments and Contingencies (Details) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)AgreementContract	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Commitments and Contingencies [Line Items]
Current liabilities	$ 2,684	$ 2,443
Guarantees for debt and other obligations of third parties [member]
Commitments and Contingencies [Line Items]
Guarantor obligations, maximum exposure, undiscounted	$ 5
Guarantor obligations, term	seven years
Number of letters of credit pledged as collateral	1
Letters of credit outstanding, amount	$ 25
Number of guarantees with pledged collateral | Agreement	1
Management contract performance guarantees [member]
Commitments and Contingencies [Line Items]
Guarantor obligations, maximum exposure, undiscounted	$ 69
Guarantor obligations, term	2019 to 2030
Number of contracts with performance guarantees | Contract	7
Current liabilities	$ 11	8
Non-current liabilities	17	25
Commitments for capital expenditures [Member]
Commitments and Contingencies [Line Items]
Purchase commitment, remaining minimum amount committed	43
Loan commitment [member]
Commitments and Contingencies [Line Items]
Long-term purchase commitment, amount	60
Commitment payments year to date	34	17
2017 fund commitment	9
Timeshare inventory purchase commitment [member]
Commitments and Contingencies [Line Items]
Long-term purchase commitment, amount	193
Commitment payments year to date	$ 18	$ 17	$ 29
Long-term purchase commitment, time period	3 years
2017 contractual obligation	$ 8
2018 contractual obligation	56
2019 contractual obligation	$ 129

Related Party Transactions - Sc

Related Party Transactions - Schedule of Related Party Transactions, by Related Party (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Accounts receivable, net	$ 1,005	$ 876
Management and franchise contracts, net	1,019	1,149
Accounts payable, accrued expenses and other	2,453	2,206
Other revenues from managed and franchised properties	4,446	4,130	$ 3,691
Depreciation and amortization	686	692	628
Other expenses from managed and franchised properties	4,446	4,130	3,691
Interest income	12	19	10
Contract acquisition costs	55	37	65
Investments in affiliates [member]
Related Party Transaction [Line Items]
Accounts receivable, net	19	23
Management and franchise contracts, net	20	20
Accounts payable, accrued expenses and other	11	10
Management and franchise fees and other	28	24	25
Other revenues from managed and franchised properties	166	166	167
Other expenses from managed and franchised properties	166	166	167
Interest income	0	0	1
Contract acquisition costs	0	4	0
The Blackstone Group And Affiliates [member]
Related Party Transaction [Line Items]
Accounts receivable, net	18	21
Management and franchise contracts, net	13	16
Accounts payable, accrued expenses and other	8	9
Management and franchise fees and other	42	48	60
Other revenues from managed and franchised properties	144	160	293
Depreciation and amortization	1	0	0
Other expenses from managed and franchised properties	144	160	293
Contract acquisition costs	$ 0	$ 0	$ 7

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Related Party Transaction [Line Items]
Long-term debt, gross	$ 10,233				$ 10,058				$ 10,233	$ 10,058
Proceeds from asset dispositions									11	2,205	$ 44
Revenues	2,920	$ 2,942	$ 3,051	$ 2,750	2,856	$ 2,895	$ 2,922	$ 2,599	11,663	11,272	10,502
Accounts receivable, net	1,005				876				1,005	876
The Blackstone Group And Affiliates [member]
Related Party Transaction [Line Items]
Payments to acquire businesses, gross										1,760
Proceeds from asset dispositions											37
Accounts receivable, net	18				21				18	21
Purchases of products and services									9	32	31
The Blackstone Group And Affiliates [member] | Sales and marketing agreement [Member]
Related Party Transaction [Line Items]
Revenues									177	154	$ 30
Accounts receivable, net	20				$ 5				20	$ 5
HGV Senior notes due 2024 [Member] | The Blackstone Group And Affiliates [member]
Related Party Transaction [Line Items]
Long-term debt, gross	$ 75								$ 75

Supplemental Disclosures of 140

Supplemental Disclosures of Cash Flow Information (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Jul. 31, 2014
Interest Paid [Abstract]
Interest paid	$ 478	$ 485	$ 514
Income Taxes Paid, Net [Abstract]
Income taxes paid	677	475	429
Other Significant Noncash Transactions [Line Items]
Non-cash transfer from property and equipment to timeshare inventory	116		45
Mortgage loan assumed		450
Non-cash capital lease obligation reduction		24
Equity investments	$ 105	$ 129
Non-cash capital lease asset increase			11
Non-cash capital lease obligation increase			$ 11
Equity Investments Exchange [member]
Other Significant Noncash Transactions [Line Items]
Property and equipment				$ 144
Other intangible assets				1
Long-term debt				64
Equity investments				$ 59

Condensed Consolidating Guar141

Condensed Consolidating Guarantor Financial Information - Condensed Balance Sheet (Details) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Current Assets:
Cash and cash equivalents		$ 1,418	$ 609
Restricted cash and cash equivalents		266	247
Accounts receivable, net		1,005	876
Intercompany receivables		0
Inventories		541	442
Current portion of financing receivables, net		138	129
Prepaid expenses		137	147
Income taxes receivable		13	97
Other		39	38
Total current assets		3,557	2,585
Property, Intangibles and Other Assets:
Property and equipment, net		8,930	9,119
Financing receivables, net		963	887
Investments in affiliates		114	138
Investments in subsidiaries		0	0
Goodwill		5,822	5,887	$ 6,154
Brands		4,848	4,919
Management and franchise contracts, net		1,019	1,149
Other intangible assets, net		507	586
Deferred income tax assets		117	78
Other		334	274
Total property, intangibles and other assets		22,654	23,037
Total assets		26,211	25,622
Current Liabilities:
Accounts payable, accrued expenses and other		2,453	2,206
Intercompany payables		0
Current maturities of long-term debt	[1]	98	94
Current maturities of timeshare debt		73	110
Income taxes payable		60	33
Total current liabilities		2,684	2,443
Long-term debt		10,020	9,857
Timeshare debt		621	392
Deferred revenues		64	283
Deferred income tax liabilities		4,575	4,630
Liability for guest loyalty program		889	784
Other		1,509	1,282
Total liabilities		20,362	19,671
Equity:
Total Hilton stockholders' equity		5,899	5,985
Noncontrolling interests		(50)	(34)
Total equity		5,849	5,951	$ 4,714	$ 4,276
Total liabilities and equity		26,211	25,622
Eliminations [member]
Current Assets:
Cash and cash equivalents		0	0
Restricted cash and cash equivalents		0	0
Accounts receivable, net		0	0
Intercompany receivables		(42)
Inventories		0	0
Current portion of financing receivables, net		0	0
Prepaid expenses		(27)	(29)
Income taxes receivable		(17)	(23)
Other		0	0
Total current assets		(86)	(52)
Property, Intangibles and Other Assets:
Property and equipment, net		0	0
Financing receivables, net		0	0
Investments in affiliates		0	0
Investments in subsidiaries		(24,182)	(24,477)
Goodwill		0	0
Brands		0	0
Management and franchise contracts, net		0	0
Other intangible assets, net		0	0
Deferred income tax assets		(12)	(27)
Other		0	0
Total property, intangibles and other assets		(24,194)	(24,504)
Total assets		(24,280)	(24,556)
Current Liabilities:
Accounts payable, accrued expenses and other		(27)	(29)
Intercompany payables		(42)
Current maturities of long-term debt		0	0
Current maturities of timeshare debt		0	0
Income taxes payable		(17)	(23)
Total current liabilities		(86)	(52)
Long-term debt		0	0
Timeshare debt		0	0
Deferred revenues		0	0
Deferred income tax liabilities		(12)	(27)
Liability for guest loyalty program		0	0
Other		0	0
Total liabilities		(98)	(79)
Equity:
Total Hilton stockholders' equity		(24,182)	(24,477)
Noncontrolling interests		0	0
Total equity		(24,182)	(24,477)
Total liabilities and equity		(24,280)	(24,556)
Parent [member]
Current Assets:
Cash and cash equivalents		0	0
Restricted cash and cash equivalents		0	0
Accounts receivable, net		0	0
Intercompany receivables		0
Inventories		0	0
Current portion of financing receivables, net		0	0
Prepaid expenses		0	0
Income taxes receivable		0	0
Other		0	0
Total current assets		0	0
Property, Intangibles and Other Assets:
Property and equipment, net		0	0
Financing receivables, net		0	0
Investments in affiliates		0	0
Investments in subsidiaries		5,889	6,166
Goodwill		0	0
Brands		0	0
Management and franchise contracts, net		0	0
Other intangible assets, net		0	0
Deferred income tax assets		10	24
Other		0	0
Total property, intangibles and other assets		5,899	6,190
Total assets		5,899	6,190
Current Liabilities:
Accounts payable, accrued expenses and other		0	0
Intercompany payables		0
Current maturities of long-term debt		0	0
Current maturities of timeshare debt		0	0
Income taxes payable		0	0
Total current liabilities		0	0
Long-term debt		0	0
Timeshare debt		0	0
Deferred revenues		0	0
Deferred income tax liabilities		0	0
Liability for guest loyalty program		0	0
Other		0	205
Total liabilities		0	205
Equity:
Total Hilton stockholders' equity		5,899	5,985
Noncontrolling interests		0	0
Total equity		5,899	5,985
Total liabilities and equity		5,899	6,190
Subsidiary Issuer [member]
Current Assets:
Cash and cash equivalents		0	0
Restricted cash and cash equivalents		0	0
Accounts receivable, net		0	0
Intercompany receivables		0
Inventories		0	0
Current portion of financing receivables, net		0	0
Prepaid expenses		0	0
Income taxes receivable		0	0
Other		0	0
Total current assets		0	0
Property, Intangibles and Other Assets:
Property and equipment, net		0	0
Financing receivables, net		0	0
Investments in affiliates		0	0
Investments in subsidiaries		11,300	11,854
Goodwill		0	0
Brands		0	0
Management and franchise contracts, net		0	0
Other intangible assets, net		0	0
Deferred income tax assets		2	3
Other		12	9
Total property, intangibles and other assets		11,314	11,866
Total assets		11,314	11,866
Current Liabilities:
Accounts payable, accrued expenses and other		26	39
Intercompany payables		0
Current maturities of long-term debt		26	(12)
Current maturities of timeshare debt		0	0
Income taxes payable		0	0
Total current liabilities		52	27
Long-term debt		5,361	5,659
Timeshare debt		0	0
Deferred revenues		0	0
Deferred income tax liabilities		0	0
Liability for guest loyalty program		0	0
Other		12	14
Total liabilities		5,425	5,700
Equity:
Total Hilton stockholders' equity		5,889	6,166
Noncontrolling interests		0	0
Total equity		5,889	6,166
Total liabilities and equity		11,314	11,866
Guarantor Subsidiaries [member]
Current Assets:
Cash and cash equivalents		25	18
Restricted cash and cash equivalents		96	91
Accounts receivable, net		491	406
Intercompany receivables		0
Inventories		4	1
Current portion of financing receivables, net		1	1
Prepaid expenses		27	36
Income taxes receivable		30	120
Other		1	1
Total current assets		675	674
Property, Intangibles and Other Assets:
Property and equipment, net		74	73
Financing receivables, net		64	32
Investments in affiliates		18	49
Investments in subsidiaries		6,993	6,457
Goodwill		3,824	3,824
Brands		4,404	4,405
Management and franchise contracts, net		716	818
Other intangible assets, net		297	334
Deferred income tax assets		0	0
Other		163	147
Total property, intangibles and other assets		16,553	16,139
Total assets		17,228	16,813
Current Liabilities:
Accounts payable, accrued expenses and other		1,461	1,239
Intercompany payables		42
Current maturities of long-term debt		0	0
Current maturities of timeshare debt		0	0
Income taxes payable		0	0
Total current liabilities		1,503	1,239
Long-term debt		981	54
Timeshare debt		0	0
Deferred revenues		42	252
Deferred income tax liabilities		1,742	1,819
Liability for guest loyalty program		889	784
Other		771	811
Total liabilities		5,928	4,959
Equity:
Total Hilton stockholders' equity		11,300	11,854
Noncontrolling interests		0	0
Total equity		11,300	11,854
Total liabilities and equity		17,228	16,813
Non-Guarantor Subsidiaries [member]
Current Assets:
Cash and cash equivalents		1,393	591
Restricted cash and cash equivalents		170	156
Accounts receivable, net		514	470
Intercompany receivables		42
Inventories		537	441
Current portion of financing receivables, net		137	128
Prepaid expenses		137	140
Income taxes receivable		0	0
Other		38	37
Total current assets		2,968	1,963
Property, Intangibles and Other Assets:
Property and equipment, net		8,856	9,046
Financing receivables, net		899	855
Investments in affiliates		96	89
Investments in subsidiaries		0	0
Goodwill		1,998	2,063
Brands		444	514
Management and franchise contracts, net		303	331
Other intangible assets, net		210	252
Deferred income tax assets		117	78
Other		159	118
Total property, intangibles and other assets		13,082	13,346
Total assets		16,050	15,309
Current Liabilities:
Accounts payable, accrued expenses and other		993	957
Intercompany payables		0
Current maturities of long-term debt		72	106
Current maturities of timeshare debt		73	110
Income taxes payable		77	56
Total current liabilities		1,215	1,229
Long-term debt		3,678	4,144
Timeshare debt		621	392
Deferred revenues		22	31
Deferred income tax liabilities		2,845	2,838
Liability for guest loyalty program		0	0
Other		726	252
Total liabilities		9,107	8,886
Equity:
Total Hilton stockholders' equity		6,993	6,457
Noncontrolling interests		(50)	(34)
Total equity		6,943	6,423
Total liabilities and equity		$ 16,050	$ 15,309
[1]	Net of unamortized deferred financing costs and discounts attributable to current maturities of long-term debt.

Condensed Consolidating Guar142

Condensed Consolidating Guarantor Financial Information - Condensed Income Statement (Details) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Revenues
Owned and leased hotels									$ 4,126	$ 4,233	$ 4,239
Management and franchise fees and other									1,701	1,601	1,401
Timeshare									1,390	1,308	1,171
Total revenues excluding reimbursement revenue									7,217	7,142	6,811
Other revenues from managed and franchised properties									4,446	4,130	3,691
Total revenues	$ 2,920	$ 2,942	$ 3,051	$ 2,750	$ 2,856	$ 2,895	$ 2,922	$ 2,599	11,663	11,272	10,502
Expenses
Owned and leased hotels									3,100	3,168	3,252
Timeshare									948	897	767
Depreciation and amortization									686	692	628
Impairment loss									15	9	0
General, administrative and other									616	611	491
Total expenses excluding cost of reimbursable expense									5,365	5,377	5,138
Other expenses from managed and franchised properties									4,446	4,130	3,691
Total expenses									9,811	9,507	8,829
Gain on sales of assets, net									9	306	0
Operating income	406	493	553	409	491	663	427	490	1,861	2,071	1,673
Interest income									12	19	10
Interest expense									(587)	(575)	(618)
Equity in earnings from unconsolidated affiliates									8	23	19
Gain (loss) on foreign currency transactions									(13)	(41)	26
Other gain (loss), net									(26)	(1)	37
Income before income taxes									1,255	1,496	1,147
Income tax expense									(891)	(80)	(465)
Income (loss) before equity in earnings from subsidiaries									364	1,416	682
Equity in earnings from subsidiaries									0	0	0
Net income	(382)	192	244	310	816	283	167	150	364	1,416	682
Net income attributable to noncontrolling interests									(16)	(12)	(9)
Net income attributable to Hilton Stockholders	$ (387)	$ 187	$ 239	$ 309	$ 814	$ 279	$ 161	$ 150	348	1,404	673
Comprehensive income									146	1,260	329
Comprehensive income attributable to noncontrolling interests									(15)	(12)	(14)
Comprehensive income attributable to Hilton stockholders									131	1,248	315
Eliminations [member]
Revenues
Owned and leased hotels									(3)	(3)	(3)
Management and franchise fees and other									(143)	(140)	(102)
Timeshare									0	0	0
Total revenues excluding reimbursement revenue									(146)	(143)	(105)
Other revenues from managed and franchised properties									(1,085)	(1,058)	(961)
Total revenues									(1,231)	(1,201)	(1,066)
Expenses
Owned and leased hotels									(87)	(85)	(69)
Timeshare									(45)	(43)	(23)
Depreciation and amortization									0	0	0
Impairment loss									0	0
General, administrative and other									(14)	(15)	(13)
Total expenses excluding cost of reimbursable expense									(146)	(143)	(105)
Other expenses from managed and franchised properties									(1,085)	(1,058)	(961)
Total expenses									(1,231)	(1,201)	(1,066)
Gain on sales of assets, net									0	0
Operating income									0	0	0
Interest income									0	0	0
Interest expense									0	0	0
Equity in earnings from unconsolidated affiliates									0	0	0
Gain (loss) on foreign currency transactions									0	0	0
Other gain (loss), net									0	0	0
Income before income taxes									0	0	0
Income tax expense									0	0	0
Income (loss) before equity in earnings from subsidiaries									0	0	0
Equity in earnings from subsidiaries									(619)	(3,821)	(1,873)
Net income									(619)	(3,821)	(1,873)
Net income attributable to noncontrolling interests									0	0	0
Net income attributable to Hilton Stockholders									(619)	(3,821)	(1,873)
Comprehensive income									(402)	(3,665)	(1,515)
Comprehensive income attributable to noncontrolling interests									0	0	0
Comprehensive income attributable to Hilton stockholders									(402)	(3,665)	(1,515)
Parent [member]
Revenues
Owned and leased hotels									0	0	0
Management and franchise fees and other									0	0	0
Timeshare									0	0	0
Total revenues excluding reimbursement revenue									0	0	0
Other revenues from managed and franchised properties									0	0	0
Total revenues									0	0	0
Expenses
Owned and leased hotels									0	0	0
Timeshare									0	0	0
Depreciation and amortization									0	0	0
Impairment loss									0	0
General, administrative and other									0	0	0
Total expenses excluding cost of reimbursable expense									0	0	0
Other expenses from managed and franchised properties									0	0	0
Total expenses									0	0	0
Gain on sales of assets, net									0	0
Operating income									0	0	0
Interest income									0	0	0
Interest expense									0	0	0
Equity in earnings from unconsolidated affiliates									0	0	0
Gain (loss) on foreign currency transactions									0	0	0
Other gain (loss), net									0	0	0
Income before income taxes									0	0	0
Income tax expense									193	(7)	(5)
Income (loss) before equity in earnings from subsidiaries									193	(7)	(5)
Equity in earnings from subsidiaries									155	1,411	678
Net income									348	1,404	673
Net income attributable to noncontrolling interests									0	0	0
Net income attributable to Hilton Stockholders									348	1,404	673
Comprehensive income									131	1,248	315
Comprehensive income attributable to noncontrolling interests									0	0	0
Comprehensive income attributable to Hilton stockholders									131	1,248	315
Subsidiary Issuer [member]
Revenues
Owned and leased hotels									0	0	0
Management and franchise fees and other									0	0	0
Timeshare									0	0	0
Total revenues excluding reimbursement revenue									0	0	0
Other revenues from managed and franchised properties									0	0	0
Total revenues									0	0	0
Expenses
Owned and leased hotels									0	0	0
Timeshare									0	0	0
Depreciation and amortization									0	0	0
Impairment loss									0	0
General, administrative and other									0	0	0
Total expenses excluding cost of reimbursable expense									0	0	0
Other expenses from managed and franchised properties									0	0	0
Total expenses									0	0	0
Gain on sales of assets, net									0	0
Operating income									0	0	0
Interest income									0	0	0
Interest expense									(261)	(281)	(334)
Equity in earnings from unconsolidated affiliates									0	0	0
Gain (loss) on foreign currency transactions									0	0	0
Other gain (loss), net									1	0	0
Income before income taxes									(260)	(281)	(334)
Income tax expense									100	108	128
Income (loss) before equity in earnings from subsidiaries									(160)	(173)	(206)
Equity in earnings from subsidiaries									315	1,584	884
Net income									155	1,411	678
Net income attributable to noncontrolling interests									0	0	0
Net income attributable to Hilton Stockholders									155	1,411	678
Comprehensive income									153	1,404	669
Comprehensive income attributable to noncontrolling interests									0	0	0
Comprehensive income attributable to Hilton stockholders									153	1,404	669
Guarantor Subsidiaries [member]
Revenues
Owned and leased hotels									0	0	0
Management and franchise fees and other									1,398	1,331	1,135
Timeshare									0	0	0
Total revenues excluding reimbursement revenue									1,398	1,331	1,135
Other revenues from managed and franchised properties									4,894	4,568	4,081
Total revenues									6,292	5,899	5,216
Expenses
Owned and leased hotels									0	0	0
Timeshare									0	0	0
Depreciation and amortization									273	288	263
Impairment loss									0	0
General, administrative and other									452	473	357
Total expenses excluding cost of reimbursable expense									725	761	620
Other expenses from managed and franchised properties									4,894	4,568	4,081
Total expenses									5,619	5,329	4,701
Gain on sales of assets, net									1	0
Operating income									674	570	515
Interest income									8	16	7
Interest expense									(84)	(55)	(59)
Equity in earnings from unconsolidated affiliates									2	2	5
Gain (loss) on foreign currency transactions									(139)	77	443
Other gain (loss), net									0	(2)	2
Income before income taxes									461	608	913
Income tax expense									(295)	150	(340)
Income (loss) before equity in earnings from subsidiaries									166	758	573
Equity in earnings from subsidiaries									149	826	311
Net income									315	1,584	884
Net income attributable to noncontrolling interests									0	0	0
Net income attributable to Hilton Stockholders									315	1,584	884
Comprehensive income									249	1,546	813
Comprehensive income attributable to noncontrolling interests									0	0	0
Comprehensive income attributable to Hilton stockholders									249	1,546	813
Non-Guarantor Subsidiaries [member]
Revenues
Owned and leased hotels									4,129	4,236	4,242
Management and franchise fees and other									446	410	368
Timeshare									1,390	1,308	1,171
Total revenues excluding reimbursement revenue									5,965	5,954	5,781
Other revenues from managed and franchised properties									637	620	571
Total revenues									6,602	6,574	6,352
Expenses
Owned and leased hotels									3,187	3,253	3,321
Timeshare									993	940	790
Depreciation and amortization									413	404	365
Impairment loss									15	9
General, administrative and other									178	153	147
Total expenses excluding cost of reimbursable expense									4,786	4,759	4,623
Other expenses from managed and franchised properties									637	620	571
Total expenses									5,423	5,379	5,194
Gain on sales of assets, net									8	306
Operating income									1,187	1,501	1,158
Interest income									4	3	3
Interest expense									(242)	(239)	(225)
Equity in earnings from unconsolidated affiliates									6	21	14
Gain (loss) on foreign currency transactions									126	(118)	(417)
Other gain (loss), net									(27)	1	35
Income before income taxes									1,054	1,169	568
Income tax expense									(889)	(331)	(248)
Income (loss) before equity in earnings from subsidiaries									165	838	320
Equity in earnings from subsidiaries									0	0	0
Net income									165	838	320
Net income attributable to noncontrolling interests									(16)	(12)	(9)
Net income attributable to Hilton Stockholders									149	826	311
Comprehensive income									15	727	47
Comprehensive income attributable to noncontrolling interests									(15)	(12)	(14)
Comprehensive income attributable to Hilton stockholders									$ 0	$ 715	$ 33

Condensed Consolidating Guar143

Condensed Consolidating Guarantor Financial Information - Condensed Cash Flow Statement (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating Activities:
Net cash provided by operating activities	$ 1,350	$ 1,407	$ 1,307
Investing Activities:
Capital expenditures for property and equipment	(317)	(310)	(268)
Acquisitions, net of cash acquired	0	(1,402)	0
Issuance of intercompany receivables	0
Payments received on intercompany receivables	0
Proceeds from asset dispositions	11	2,205	44
Contract acquisition costs	(55)	(37)	(65)
Capitalized software costs	(81)	(62)	(69)
Other	(36)	20	48
Net cash provided by (used in) investing activities	(478)	414	(310)
Financing Activities:
Borrowings	4,715	48	350
Repayment of debt	(4,359)	(1,624)	(1,424)
Intercompany borrowings	0
Debt issuance costs	(76)	0	(9)
Repayments of intercompany borrowings	0
Capital contribution	0	0	13
Intercompany transfers	0	0	0
Dividends paid	(277)	(138)	0
Intercompany dividends	0	0	0
Distributions to noncontrolling interests	(32)	(8)	(5)
Excess tax benefits from share-based compensation	0	8	0
Net cash used in financing activities	(29)	(1,714)	(1,075)
Effect of exchange rate changes on cash, restricted cash and cash equivalents	(15)	(19)	(14)
Net increase (decrease) in cash, restricted cash and cash equivalents	828	88	(92)
Cash, restricted cash and cash equivalents, beginning of period	856	768	860
Cash, restricted cash and cash equivalents, end of period	1,684	856	768
Eliminations [member]
Operating Activities:
Net cash provided by operating activities	(605)	(436)	(300)
Investing Activities:
Capital expenditures for property and equipment	0	0	0
Acquisitions, net of cash acquired		0
Issuance of intercompany receivables	234
Payments received on intercompany receivables	(192)
Proceeds from asset dispositions	0	0	0
Contract acquisition costs	0	0	0
Capitalized software costs	0	0	0
Other	0	0	0
Net cash provided by (used in) investing activities	42	0	0
Financing Activities:
Borrowings	0	0	0
Repayment of debt	0	0	0
Intercompany borrowings	(234)
Debt issuance costs	0		0
Repayments of intercompany borrowings	192
Capital contribution			(9)
Intercompany transfers	0	0	0
Dividends paid	0	0
Intercompany dividends	605	436	309
Distributions to noncontrolling interests	0	0	0
Excess tax benefits from share-based compensation		0
Net cash used in financing activities	563	436	300
Effect of exchange rate changes on cash, restricted cash and cash equivalents	0	0	0
Net increase (decrease) in cash, restricted cash and cash equivalents	0	0	0
Cash, restricted cash and cash equivalents, beginning of period	0	0	0
Cash, restricted cash and cash equivalents, end of period	0	0	0
Parent [member]
Operating Activities:
Net cash provided by operating activities	0	0	0
Investing Activities:
Capital expenditures for property and equipment	0	0	0
Acquisitions, net of cash acquired		0
Issuance of intercompany receivables	0
Payments received on intercompany receivables	0
Proceeds from asset dispositions	0	0	0
Contract acquisition costs	0	0	0
Capitalized software costs	0	0	0
Other	0	0	0
Net cash provided by (used in) investing activities	0	0	0
Financing Activities:
Borrowings	0	0	0
Repayment of debt	0	0	0
Intercompany borrowings	0
Debt issuance costs	0		0
Repayments of intercompany borrowings	0
Capital contribution			0
Intercompany transfers	277	138	0
Dividends paid	(277)	(138)
Intercompany dividends	0	0	0
Distributions to noncontrolling interests	0	0	0
Excess tax benefits from share-based compensation		0
Net cash used in financing activities	0	0	0
Effect of exchange rate changes on cash, restricted cash and cash equivalents	0	0	0
Net increase (decrease) in cash, restricted cash and cash equivalents	0	0	0
Cash, restricted cash and cash equivalents, beginning of period	0	0	0
Cash, restricted cash and cash equivalents, end of period	0	0	0
Subsidiary Issuer [member]
Operating Activities:
Net cash provided by operating activities	(37)	184	0
Investing Activities:
Capital expenditures for property and equipment	0	0	0
Acquisitions, net of cash acquired		0
Issuance of intercompany receivables	0
Payments received on intercompany receivables	0
Proceeds from asset dispositions	0	0	0
Contract acquisition costs	0	0	0
Capitalized software costs	0	0	0
Other	(6)	0	0
Net cash provided by (used in) investing activities	(6)	0	0
Financing Activities:
Borrowings	0	0	0
Repayment of debt	(266)	(775)	(1,000)
Intercompany borrowings	0
Debt issuance costs	(17)		(6)
Repayments of intercompany borrowings	0
Capital contribution			0
Intercompany transfers	326	591	1,006
Dividends paid	0	0
Intercompany dividends	0	0	0
Distributions to noncontrolling interests	0	0	0
Excess tax benefits from share-based compensation		0
Net cash used in financing activities	43	(184)	0
Effect of exchange rate changes on cash, restricted cash and cash equivalents	0	0	0
Net increase (decrease) in cash, restricted cash and cash equivalents	0	0	0
Cash, restricted cash and cash equivalents, beginning of period	0	0	0
Cash, restricted cash and cash equivalents, end of period	0	0	0
Guarantor Subsidiaries [member]
Operating Activities:
Net cash provided by operating activities	897	936	1,085
Investing Activities:
Capital expenditures for property and equipment	(9)	(11)	(5)
Acquisitions, net of cash acquired		0
Issuance of intercompany receivables	(192)
Payments received on intercompany receivables	192
Proceeds from asset dispositions	0	0	4
Contract acquisition costs	(46)	(23)	(19)
Capitalized software costs	(73)	(57)	(64)
Other	(35)	13	11
Net cash provided by (used in) investing activities	(163)	(78)	(73)
Financing Activities:
Borrowings	1,000	0	0
Repayment of debt	0	0	0
Intercompany borrowings	42
Debt issuance costs	(20)		0
Repayments of intercompany borrowings	0
Capital contribution			0
Intercompany transfers	(1,744)	(693)	(1,094)
Dividends paid	0	0
Intercompany dividends	0	(184)	0
Distributions to noncontrolling interests	0	0	0
Excess tax benefits from share-based compensation		8
Net cash used in financing activities	(722)	(869)	(1,094)
Effect of exchange rate changes on cash, restricted cash and cash equivalents	0	0	0
Net increase (decrease) in cash, restricted cash and cash equivalents	12	(11)	(82)
Cash, restricted cash and cash equivalents, beginning of period	109	120	202
Cash, restricted cash and cash equivalents, end of period	121	109	120
Non-Guarantor Subsidiaries [member]
Operating Activities:
Net cash provided by operating activities	1,095	723	522
Investing Activities:
Capital expenditures for property and equipment	(308)	(299)	(263)
Acquisitions, net of cash acquired		(1,402)
Issuance of intercompany receivables	(42)
Payments received on intercompany receivables	0
Proceeds from asset dispositions	11	2,205	40
Contract acquisition costs	(9)	(14)	(46)
Capitalized software costs	(8)	(5)	(5)
Other	5	7	37
Net cash provided by (used in) investing activities	(351)	492	(237)
Financing Activities:
Borrowings	3,715	48	350
Repayment of debt	(4,093)	(849)	(424)
Intercompany borrowings	192
Debt issuance costs	(39)		(3)
Repayments of intercompany borrowings	(192)
Capital contribution			22
Intercompany transfers	1,141	(36)	88
Dividends paid	0	0
Intercompany dividends	(605)	(252)	(309)
Distributions to noncontrolling interests	(32)	(8)	(5)
Excess tax benefits from share-based compensation		0
Net cash used in financing activities	87	(1,097)	(281)
Effect of exchange rate changes on cash, restricted cash and cash equivalents	(15)	(19)	(14)
Net increase (decrease) in cash, restricted cash and cash equivalents	816	99	(10)
Cash, restricted cash and cash equivalents, beginning of period	747	648	658
Cash, restricted cash and cash equivalents, end of period	$ 1,563	$ 747	$ 648

Condensed Consolidating Guar144

Condensed Consolidating Guarantor Financial Information - Additional Information (Details)	Dec. 31, 2016Rate	Dec. 31, 2015Rate
Subsidiary Issuer [member]
Condensed Financial Statements, Captions [Line Items]
Ownership percentage of equity interest	100.00%	100.00%
Guarantor Subsidiaries [member]
Condensed Financial Statements, Captions [Line Items]
Ownership percentage of equity interest	100.00%	100.00%

Selected Quarterly Financial145

Selected Quarterly Financial Information (unaudited) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended																12 Months Ended
	Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Quarterly Financial Information Disclosure (unaudited) [Abstract]
Revenues	$ 2,920		$ 2,942		$ 3,051		$ 2,750		$ 2,856		$ 2,895		$ 2,922		$ 2,599		$ 11,663		$ 11,272		$ 10,502
Operating income	406		493		553		409		491		663		427		490		1,861		2,071		1,673
Net income	(382)		192		244		310		816		283		167		150		364		1,416		682
Net income attributable to Hilton Stockholders	$ (387)		$ 187		$ 239		$ 309		$ 814		$ 279		$ 161		$ 150		$ 348		$ 1,404		$ 673
Earnings per share, basic	$ (1.18)	[1]	$ 0.57	[1]	$ 0.73	[1]	$ 0.94	[1]	$ 2.47	[1]	$ 0.85	[1]	$ 0.49	[1]	$ 0.46	[1]	$ 1.06	[1]	$ 4.27	[1]	$ 2.05	[2]
Earnings per share, diluted	$ (1.17)	[1]	$ 0.57	[1]	$ 0.72	[1]	$ 0.94	[1]	$ 2.47	[1]	$ 0.85	[1]	$ 0.49	[1]	$ 0.46	[1]	$ 1.05	[1]	$ 4.26	[1]	$ 2.05	[2]
[1]	The sum of the earnings per share for the four quarters differs from annual earnings per share due to the required method of computing the weighted average shares outstanding in interim periods. All per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1: "Organization" for further discussion.
[2]	Weighted average shares outstanding used in the computation of basic and diluted earnings per share and cash dividends declared per share were adjusted to reflect the 1-for-3 reverse stock split that occurred on January 3, 2017.

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent event [member]	Jan. 03, 2017Rateshares
Subsequent Event [Line Items]
Spin-offs into independent, publicly traded companies	2
Distribution of Park and HGV stock to Hilton stockholders of record | Rate	100.00%
Park spin-off [member]
Subsequent Event [Line Items]
Park common stock distributed for every five shares of Hilton common stock	1
Hilton common stock to receive one spin-off company common stock	5
HGV spin-off [member]
Subsequent Event [Line Items]
HGV common stock distributed for every ten shares of Hilton common stock	1
Hilton common stock to receive one spin-off company common stock	10