MARRIOTT INTERNATIONAL INC /MD/

For the period ended Sep 30, 2025. Filed Nov 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 4, 2025

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

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Contents

Condensed Consolidated Balance Sheets

(Unaudited)
	September 30, 2025	December 31, 2024
ASSETS
Current assets
Cash and equivalents	$678	$396
Accounts and notes receivable, net	3,101	2,795
Prepaid expenses and other	332	294
	4,111	3,485
Property and equipment, net	1,917	1,833
Intangible assets
Brands	6,188	5,770
Contract acquisition costs and other	4,015	3,718
Goodwill	8,886	8,731
	19,089	18,219
Equity method investments	298	298
Notes receivable, net	153	136
Deferred tax assets	571	650
Operating lease assets	947	845
Other noncurrent assets	747	716
	$27,833	$26,182
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities
Current portion of long-term debt	$1,557	$1,309
Accounts payable	759	763
Accrued payroll and benefits	1,323	1,449
Liability for guest loyalty program	3,550	3,487
Accrued expenses and other	1,609	1,641
	8,798	8,649
Long-term debt	14,442	13,138
Liability for guest loyalty program	4,270	4,032
Deferred tax liabilities	117	81
Deferred revenue	1,158	1,103
Operating lease liabilities	887	794
Other noncurrent liabilities	1,280	1,377
Stockholders’ deficit
Class A Common Stock	5	5
Additional paid-in-capital	6,291	6,179
Retained earnings	18,148	16,531
Treasury stock, at cost	(26,890)	(24,644)
Accumulated other comprehensive loss	(673)	(1,063)
	(3,119)	(2,992)
	$27,833	$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.