Earnings Per Common Share (Unit) (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Common Share (Unit)

The calculation of Host Inc. basic and diluted earnings per common share is shown below (in millions, except per share amounts):

	Quarter ended June 30,						Year-to-date ended June 30,
	2023			2022			2023			2022
Net income	$	214		$	260		$	505		$	378
Less: Net income attributable to non-controlling interests		(4	)		(4	)		(8	)		(6	)
Net income attributable to Host Inc.	$	210		$	256		$	497		$	372
Basic weighted average shares outstanding		711.3			714.8			712.3			714.6
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market		1.9			2.2			1.9			2.2
Diluted weighted average shares outstanding		713.2			717.0			714.2			716.8
Basic earnings per common share	$	0.30		$	0.36		$	0.70		$	0.52
Diluted earnings per common share	$	0.29		$	0.36		$	0.70		$	0.52

HOST HOTELS & RESORTS L.P.

Earnings Per Common Share (Unit)

The calculation of Host L.P. basic and diluted earnings per unit is shown below (in millions, except per unit amounts):

	Quarter ended June 30,					Year-to-date ended June 30,
	2023			2022		2023			2022
Net income	$	214		$	260	$	505		$	378
Less: Net (income) loss attributable to non-controlling interests		(1	)		1		(1	)		—
Net income attributable to Host L.P.	$	213		$	261	$	504		$	378
Basic weighted average units outstanding		706.3			710.0		707.3			709.5
Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market		1.8			2.2		1.8			2.1
Diluted weighted average units outstanding		708.1			712.2		709.1			711.6
Basic earnings per common unit	$	0.30		$	0.37	$	0.71		$	0.53
Diluted earnings per common unit	$	0.30		$	0.37	$	0.71		$	0.53