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OTHER INCOME (LOSS), NET
12 Months Ended
Dec. 31, 2024
Other Income and Expenses [Abstract]  
OTHER INCOME (LOSS), NET OTHER INCOME (LOSS), NET
Year Ended December 31,
202420232022
Interest income
$123 $74 $44 
Unrealized gains (losses), net (Note 4)
53 36 (55)
Guarantee amortization income (Note 15)
49 17 20 
Contingent consideration liability fair value adjustment (Note 15)
39 (9)— 
Depreciation recovery23 21 15 
Foreign currency exchange, net7 (10)(12)
Credit loss reversals, net (Note 4 and Note 6)
1 17 16 
Impairment of an equity security without a readily determinable fair value (Note 4)
(5)— — 
Restructuring costs(5)(4)(39)
Guarantee expense (Note 15)
(11)(19)(13)
Other, net(17)1 (10)
Other income (loss), net$257 $124 $(34)
During the year ended December 31, 2022, we recognized $39 million of restructuring expenses for severance costs related to the planned future redevelopment of an owned hotel, net of $10 million reimbursed by the developer.