Marriott International (MAR) Financial Statements (2024 and earlier)

Company Profile

Business Address 7750 WISCONSIN AVENUE
BETHESDA, MD 20814
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7011 - Hotels and Motels (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5635545071,0455461,042
Cash and cash equivalents5635545071,0455461,042
Receivables2,5652,4622,5712,3782,2822,112
Other undisclosed current assets316248235261278264
Total current assets:3,4443,2643,3133,6843,1063,418
Noncurrent Assets
Operating lease, right-of-use asset9659849879471,0021,024
Property, plant and equipment1,5601,5951,5851,5091,5321,531
Long-term investments and receivables451460487464509502
Long-term investments311334335332363361
Accounts and financing receivable, after allowance for credit loss140126152132146141
Intangible assets, net (including goodwill), including:17,84517,73617,61917,37217,66617,960
Goodwill8,8508,9048,8728,7658,9209,069
Intangible assets, net (excluding goodwill)   8,747   
Other undisclosed intangible assets, net (including goodwill)8,9958,832 8,6078,7468,891
Deferred income tax assets240240240228228228
Other noncurrent assets582584584559572575
Total noncurrent assets:21,64321,59921,50221,07921,50921,820
TOTAL ASSETS:25,08724,86324,81524,76324,61525,238
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,7621,7492,0453,2662,9151,789
Employee-related liabilities1,2601,0711,052
Accounts payable670722746746773737
Accrued liabilities1,0921,0271,2991,2601,071 
Debt894358684558558731
Self insurance reserve   130   
Other liabilities1,4921,4811,2961,4541,3361,276
Other undisclosed current liabilities3,3723,3813,1841,8342,0442,626
Total current liabilities:7,5206,9697,3397,1126,8536,422
Noncurrent Liabilities
Long-term debt and lease obligation, including:10,40310,2999,3808,8608,2308,738
Long-term debt, excluding current maturities1,6411,002871   
Finance lease, liability   131   
Other undisclosed long-term debt and lease obligation8,7629,2978,3787,8537,1827,672
Liabilities, other than long-term debt2,9363,0423,4762,0842,0982,156
Deferred income tax liabilities285307313273223179
Other liabilities1,6521,7111,8421,8111,8751,977
Operating lease, liability9991,0241,0341,0071,0481,066
Self insurance reserve   287   
Other undisclosed noncurrent liabilities   4,052   
Total noncurrent liabilities:13,33913,34116,90810,94410,32810,894
Total liabilities:20,85920,31024,24718,05617,18117,316
Equity
Equity, attributable to parent(224)1405681,0631,7721,772
Common stock555555
Treasury stock, value(19,009)(18,099)(17,015)(15,666)(14,716)(14,418)
Additional paid in capital5,9525,9065,9655,9195,8725,831
Accumulated other comprehensive loss(716)(647)(729)(990)(651)(328)
Retained earnings13,54412,97512,34211,79511,26210,682
Total equity:(224)1405681,0631,7721,772
Other undisclosed liabilities and equity4,4524,413 5,6445,6626,150
TOTAL LIABILITIES AND EQUITY:25,08724,86324,81524,76324,61525,238

Income Statement (P&L) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues6,0755,6155,9235,3135,3384,199
Cost of revenue(4,739)(4,462)(4,056)(4,145)(4,143)(3,414)
Gross profit:1,3361,1531,8671,1681,195785
Operating expenses(240)(202)(871)(210)(245)(227)
Operating income:1,096951996958950558
Nonoperating income218101089
Investment income, nonoperating  158765
Other nonoperating income232324
Interest and debt expense(140)(126)(115)(100)(95)(93)
Income from continuing operations before equity method investments, income taxes:958843891868863474
Income from equity method investments71 1152
Other undisclosed income (loss) from continuing operations before income taxes(1)     
Income from continuing operations before income taxes:964844891869878476
Income tax expense(238)(87)(218)(239)(200)(99)
Income from continuing operations:726757673630678377
Income before gain (loss) on sale of properties:630678377
Net income available to common stockholders, diluted:726757673630678377

Comprehensive Income ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income:726757673630678377
Comprehensive income:726757673630678377
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(69)82261(339)(323)14
Comprehensive income, net of tax, attributable to parent:657839934291355391

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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