Marriott International

Filing receipts

“2025 Gains (losses) and other income, net $ 3 $ (2) $ 5 250 % Interest expense (214) (192) (22) (11) % Interest income 10 9 1 11 % Equity in (losses) earnings (5) 1 (6) (600) % Interest expense increased in the 2026 first quarter primarily due to higher debt balances driven by Senior Notes issuances, net of maturities ($28 million).”

“The increase was partially offset by $ 870 million of revenue recognized in the 2026 first quarter, that was deferred as of December 31, 2025.”

“Sources and Uses of Cash Cash, cash equivalents, and restricted cash totaled $468 million at March 31, 2026, an increase of $97 million from year-end 2025, primarily due to long-term debt issuances, net of repayments ($1,422 million) and net cash provided by operating activities ($858 million), partially offset by net commercial paper repayments ($1,085 million), share repurchases ($700 million), dividends paid ($178 million), capital and technology expenditures ($130 million), and financing outflows for employee stock-based compensation withholding taxes ($124 million).”