Marriott international inc /md/ (MAR)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Aug'12May'12Mar'12Dec'11Aug'11Jun'11Mar'11Dec'10Aug'10Jun'10Mar'10Jan'10Aug'09Jun'09Mar'09Aug'08May'08
REVENUES
Timeshare sales and services

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,088

1,222

1,211

1,212

1,221

1,226

1,205

1,199

1,123

0

1,264

0

0

0

Revenues

20,641

20,972

20,890

20,657

20,761

20,758

20,720

20,747

20,549

20,452

18,992

17,856

16,547

15,407

15,322

14,958

14,745

14,486

14,339

14,221

14,016

13,796

13,456

13,156

12,935

12,784

13,322

12,891

12,404

11,814

11,750

11,895

12,091

12,317

12,266

12,040

11,839

11,691

11,429

11,252

11,043

10,908

0

11,205

0

0

0

OPERATING COSTS AND EXPENSES
Depreciation, amortization, and other

437

341

224

224

226

226

217

219

232

229

198

180

139

119

129

124

126

139

139

141

156

148

151

152

138

127

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

51

0

35

0

0

0

General, administrative, and other

986

938

913

914

902

927

955

939

956

921

924

880

800

743

658

646

644

634

626

649

656

659

657

632

633

649

677

662

662

645

693

741

740

752

849

818

801

780

644

639

644

722

0

714

0

0

0

Merger-related costs and (recoveries) charges

127

138

282

285

130

155

123

139

142

159

236

436

429

386

250

0

0

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Timeshare-direct

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

929

1,049

1,018

1,012

1,022

996

1,015

1,055

1,040

0

1,147

0

0

0

Timeshare strategy-impairment charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

0

-

-

-

0

-

-

0

-

Costs and expenses

19,237

19,172

18,942

18,720

18,415

18,392

18,352

18,185

18,061

17,948

16,415

15,898

14,944

13,983

14,085

13,553

13,360

13,136

13,008

12,931

12,779

12,637

12,350

12,103

11,919

11,796

12,263

11,864

11,413

10,874

10,872

11,374

11,581

11,791

11,865

11,328

11,133

10,996

10,641

11,137

11,055

11,060

0

10,550

0

0

0

OPERATING INCOME

1,404

1,800

1,948

1,937

2,346

2,366

2,368

2,562

2,488

2,504

2,577

1,958

1,603

1,424

1,237

1,405

1,385

1,350

1,331

1,290

1,237

1,159

1,106

1,053

1,016

988

1,059

1,027

991

940

878

521

510

526

401

712

706

695

788

115

-12

-152

0

655

0

0

0

(Losses) gains and other income, net

145

154

19

27

140

194

848

836

747

688

33

30

5

5

10

7

27

27

24

25

8

8

1

1

8

11

13

48

43

42

47

-5

-7

-7

17

36

36

35

11

7

7

31

34

44

0

0

0

Interest expense

390

394

393

379

362

340

318

305

293

288

291

273

257

234

205

193

178

167

147

133

121

115

121

120

119

120

129

130

135

137

143

153

156

164

167

169

176

180

164

150

134

118

0

128

0

0

0

Interest income

26

26

26

23

23

22

30

34

36

38

37

37

36

35

32

28

27

29

32

35

33

30

27

24

25

23

20

18

16

17

15

14

14

14

17

19

19

19

16

17

23

25

0

32

0

0

0

(Provision for) reversal of provision for loan losses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Equity in (losses) earnings

1

13

18

77

98

103

106

51

42

40

30

27

20

9

11

16

13

16

13

17

7

6

3

-9

-3

-5

-5

-6

-12

-13

-17

-18

-10

-13

-4

-7

-11

-18

-36

-43

-43

-66

0

-39

0

0

0

Timeshare strategy - impairment charges (non-operating)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

0

-

INCOME BEFORE INCOME TAXES

1,186

1,599

1,618

1,685

2,245

2,345

3,034

3,178

3,020

2,982

2,386

1,779

1,407

1,239

1,085

1,263

1,274

1,255

1,253

1,234

1,164

1,088

1,016

949

927

897

958

957

903

849

780

359

351

356

264

591

574

551

615

-192

-297

-418

-405

564

0

0

0

Benefit (provision) for income taxes

257

326

307

258

383

438

1,330

1,492

1,512

1,523

769

577

447

431

347

385

403

396

399

398

376

335

309

274

265

271

302

318

300

278

249

150

150

158

34

99

98

93

224

-31

-52

-65

0

319

0

0

0

INCOME (LOSS) FROM CONTINUING OPERATIONS

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Discontinued operations, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

NET INCOME (LOSS)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-353

0

249

0

0

0

Add: Net losses attributable to noncontrolling interests, net of tax

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-7

0

-16

0

0

0

Net Income (Loss) Attributable to Parent

929

1,273

1,311

1,427

1,862

1,907

1,704

1,686

1,508

1,459

1,617

1,202

960

808

738

878

871

859

854

836

788

753

707

675

662

626

656

639

603

571

531

209

201

198

0

0

0

-

-

-158

-240

-346

0

265

0

0

0

Earnings Per Share [Abstract]
EARNINGS PER SHARE
Earnings (losses) from continuing operations attributable to Marriott shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.27

0.43

Earnings from discontinued operations attributable to Marriott shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

Earnings per share - basic (in USD per share)

0.10

0.86

1.17

0.70

1.10

0.94

1.45

1.89

1.17

0.34

1.30

1.29

0.96

0.69

0.26

0.97

0.86

0.79

0.80

0.88

0.75

0.70

0.66

0.66

0.58

0.50

0.53

0.58

0.44

0.57

0.45

0.44

0.31

0.43

-0.52

0.38

0.27

0.47

0.23

0.33

0.23

0.30

-1.31

0.10

-0.06

0.27

0.44

EARNINGS PER SHARE-Diluted
Earnings (losses) from continuing operations attributable to Marriott shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.25

0.41

Earnings from discontinued operations attributable to Marriott shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

0.01

Earnings per share - diluted (in USD per share)

0.09

0.86

1.16

0.69

1.09

0.92

1.43

1.87

1.16

0.32

1.29

1.28

0.95

0.66

0.26

0.96

0.85

0.77

0.78

0.87

0.73

0.68

0.65

0.64

0.57

0.48

0.52

0.57

0.43

0.56

0.44

0.42

0.30

0.44

-0.52

0.37

0.26

0.46

0.22

0.31

0.22

0.30

-1.31

0.10

-0.06

0.25

0.42

CASH DIVIDENDS DECLARED PER SHARE (in USD per share)

-

-

-

-

-

-

-

-

-

-

0.33

0.33

0.30

-

0.30

0.30

0.25

-

0.25

0.25

0.20

-

0.20

0.20

0.17

-

0.17

0.17

0.13

-

0.13

0.13

0.10

-

0.10

0.10

0.08

0.08

0.04

0.04

0.04

0.00

0.00

0.00

0.08

0.08

0.08

Base management fees
Gross revenues

1,112

1,180

1,170

1,158

1,149

1,140

1,136

1,126

1,111

1,102

1,086

997

898

806

710

700

705

698

689

697

682

672

661

633

623

621

651

635

610

581

582

584

592

602

597

584

571

562

547

540

530

530

510

555

0

0

0

Franchise fees
Gross revenues

1,971

2,006

1,960

1,932

1,882

1,849

1,783

1,707

1,648

1,586

1,541

1,405

1,262

1,157

1,145

1,082

1,030

984

837

813

786

745

723

695

678

666

690

664

632

607

579

554

529

506

483

468

453

441

424

415

403

400

389

399

0

0

0

Incentive management fees
Gross revenues

474

637

629

646

657

649

665

650

622

607

573

518

464

425

357

344

331

319

320

319

320

302

293

279

261

256

273

256

248

232

216

209

203

195

196

188

184

182

166

162

151

154

147

233

0

0

0

Fee revenues
Gross revenues

3,557

3,823

3,759

3,736

3,688

3,638

3,584

3,483

3,381

3,295

3,200

2,920

2,624

2,388

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Contract investment amortization

73

62

59

56

54

58

83

70

57

50

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Revenues

3,484

3,761

3,700

3,680

3,634

3,580

3,501

3,413

3,324

3,245

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Owned, leased, and other
Revenues

1,517

1,612

1,595

1,599

1,604

1,635

1,640

1,695

1,730

1,752

1,813

1,600

1,349

1,125

776

766

802

855

1,004

1,019

1,045

1,022

1,007

983

960

950

998

978

996

989

1,037

1,091

1,076

1,083

1,069

1,035

1,041

1,046

1,039

1,045

1,028

1,019

944

1,037

0

0

0

Operating costs

1,263

1,316

1,303

1,292

1,295

1,306

1,329

1,370

1,391

1,411

1,435

1,273

1,091

901

714

695

705

733

754

768

784

775

770

753

735

729

784

786

808

824

872

917

934

943

944

938

942

955

967

968

961

951

878

937

0

0

0

Reimbursements
Revenues

15,640

15,599

15,595

15,378

15,523

15,543

14,410

15,055

15,495

15,455

15,199

13,971

12,625

11,934

12,334

12,066

11,877

11,630

11,489

11,373

11,183

11,055

10,772

10,566

10,413

10,291

10,710

10,358

9,918

9,405

9,098

8,933

8,879

8,843

8,699

8,554

8,378

8,239

8,027

7,885

7,732

7,682

7,371

7,717

0

0

0

Operating costs

16,424

16,439

16,220

16,005

15,862

15,778

14,291

14,816

15,340

15,228

15,059

13,831

12,485

11,834

12,334

12,066

11,877

11,630

11,489

11,373

11,183

11,055

10,772

10,566

10,413

10,291

10,710

10,358

9,918

9,405

9,098

8,933

8,879

8,843

8,699

8,554

8,378

8,239

8,027

7,885

7,732

7,682

7,371

7,717

0

0

0