Quarterly report pursuant to Section 13 or 15(d)

Intangible Assets (Tables)

v3.22.2.2
Intangible Assets (Tables)
 9 Months Ended
Sep. 30, 2022
Long-Lived Assets [Abstract]  
Schedule of Intangible Assets and Goodwill
Intangible assets consisted of the following:
September 30, 2022 December 31, 2021
Gross
Carrying
Amount (a)
Gross
Carrying
Amount
Accumulated
Impairment
Net
Carrying
Amount
Goodwill
 $ 1,525  $ 1,539  $ 14  $ 1,525 
September 30, 2022 December 31, 2021
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount
Accumulated
Amortization
Net
Carrying
Amount
Unamortized intangible assets:
Trademarks $ 1,228  $ 1,201 
Amortized intangible assets:
Franchise agreements $ 912  $ 533  $ 379  $ 895  $ 513  $ 382 
Management agreements 15  14  1  135  44  91 
Trademarks 2  1  1  2  1  1 
Other
 1  —  1  1  1  — 
$ 930  $ 548  $ 382  $ 1,033  $ 559  $ 474 
______________________
(a)    Due to the sale of its two owned hotels in 2022, the Company derecognized $14 million from its gross carrying value and accumulated impairment goodwill balances.