2015 Annual Report

Financial Information

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MARRIOTT INTERNATIONAL, INC.
NON-GAAP FINANCIAL MEASURES
(UNAUDITED)

($ in millions)

ADJUSTED OPERATING INCOME MARGIN

Financials
 

RETURN ON INVESTED CAPITAL

The reconciliation of net income to earnings before interest expense and taxes is as follows:

Financials
 

The reconciliations of assets to invested capital are as follows:

Financials

(1) Calculated as “Invested capital” for December 31, 2015 and December 31, 2014, divided by two.

** Denotes a non-GAAP financial measure. See “Non-GAAP Financial Measures” for information about our reasons for providing these alternative financial measures and the limitations on their use.