MARRIOTT INTERNATIONAL INC /MD/

For the period ended Dec 31, 2025. Filed Feb 10, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 10, 2026

MAR$417.16+0.2%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Balance Sheets

Fiscal Years Ended 2025 and 2024

	December 31,2025	December 31,2024
ASSETS
Current assets
Cash and equivalents	$358	$396
Accounts and notes receivable, net	2,909	2,795
Prepaid expenses and other	317	294
	3,584	3,485
Property and equipment, net	1,954	1,833
Intangible assets
Brands	6,207	5,770
Contract acquisition costs and other	4,129	3,718
Goodwill	8,907	8,731
	19,243	18,219
Equity method investments	298	298
Notes receivable, net	151	136
Deferred tax assets	570	650
Operating lease assets	941	845
Other noncurrent assets	799	716
	$27,540	$26,182
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Current portion of long-term debt	$1,209	$1,309
Accounts payable	814	763
Accrued payroll and benefits	1,438	1,449
Liability for guest loyalty program	3,497	3,487
Accrued expenses and other	1,440	1,641
	8,398	8,649
Long-term debt	14,995	13,138
Liability for guest loyalty program	4,495	4,032
Deferred tax liabilities	79	81
Deferred revenue	1,200	1,103
Operating lease liabilities	879	794
Other noncurrent liabilities	1,265	1,377
Stockholders’ deficit
Class A Common Stock	5	5
Additional paid-in-capital	6,352	6,179
Retained earnings	18,414	16,531
Treasury stock, at cost	(27,900)	(24,644)
Accumulated other comprehensive loss	(642)	(1,063)
	(3,771)	(2,992)
	$27,540	$26,182

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.