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pter 1 1 Liabilities: Bonds Payable MAD 1 1 - 4 Analyze and compare Hilton and Marriott Hilton Worldwide Holdings, Inc. ( HLT ) and

pter 11
Liabilities: Bonds Payable
MAD 11-4 Analyze and compare Hilton and Marriott
Hilton Worldwide Holdings, Inc. (HLT) and Marriott International, Inc. (MAR) are two of the largest hotel operators in the world. Selected financial information from recent income statements for both companies follows (in millions):
\table[[,Hilton,Marriott],[Operating income,$1,657,$1,800
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