Quarterly report pursuant to Section 13 or 15(d)

Condensed Combined Balance Sheets

v3.8.0.1
Condensed Combined Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 71 $ 57
Trade receivables, net 205 194
Prepaid expenses 40 29
Other current assets 63 54
Total current assets 379 334
Property and equipment, net 251 250
Goodwill 421 423
Other non-current assets 173 187
Total assets 2,162 2,137
Current liabilities:    
Current portion of debt due to Parent 116 103
Accounts payable 36 38
Deferred income 83 84
Accrued expenses and other current liabilities 192 186
Total current liabilities 427 411
Debt due to Parent 81 81
Deferred income taxes 175 173
Deferred income 159 164
Other non-current liabilities 47 46
Total liabilities 889 875
Commitments and contingencies (Note 8)
Net investment/Equity:    
Parent’s net investment 1,267 1,257
Accumulated other comprehensive income 6 5
Total net investment/stockholder's equity 1,273 1,262
Total liabilities and net investment/stockholder's equity 2,162 2,137
Trademarks, net    
Current assets:    
Intangible assets, net 692 692
Franchise agreements and other intangibles, net    
Current assets:    
Intangible assets, net 246 251
Wyndham Hotels & Resorts, Inc.    
Current assets:    
Trade receivables, net 1 1
Total assets 1 1
Current liabilities:    
Commitments and contingencies (Note 8)
Net investment/Equity:    
Common stock, par value $0.01 per share, 1,000 shares authorized, 100 issued and outstanding 1 1
Total net investment/stockholder's equity 1 1
Total liabilities and net investment/stockholder's equity $ 1 $ 1