Equity of Host Inc. and Capital of Host L.P. (Tables)

3 Months Ended

Mar. 31, 2024

Equity [Abstract]

Components of Equity

The components of the equity of Host Inc. are as follows (in millions):

	Common Stock		Additional Paid-in Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings / (Deficit)		Non-redeemable, non-controlling interests		Total equity		Redeemable, non-controlling interests
Balance, December 31, 2023	$	7	$	7,535	$	(70)	$	(839)	$	4	$	6,637	$	189
Net income	—		—		—		268		—		268		4
Issuance of common stock for comprehensive stock plans, net	—		(12)		—		—		—		(12)		—
Dividends declared on common stock	—		—		—		(141)		—		(141)		—
Distributions to non-controlling interests	—		—		—		—		(1)		(1)		(2)
Changes in ownership and other	—		(9)		—		—		1		(8)		9
Other comprehensive loss	—		—		(3)		—		—		(3)		—
Balance, March 31, 2024	$	7	$	7,514	$	(73)	$	(712)	$	4	$	6,740	$	200

	Common Stock		Additional Paid-in Capital		Accumulated Other Comprehensive Income (Loss)		Retained Earnings / (Deficit)		Non-redeemable, non-controlling interests		Total equity		Redeemable, non-controlling interests
Balance, December 31, 2022	$	7	$	7,717	$	(75)	$	(939)	$	5	$	6,715	$	164
Net income	—		—		—		287		—		287		4
Issuance of common stock for comprehensive stock plans, net	—		(4)		—		—		—		(4)		—
Repurchase of common stock	—		(50)		—		—		—		(50)		—
Dividends declared on common stock	—		—		—		(87)		—		(87)		—
Distributions to non-controlling interests	—		—		—		—		—		—		(1)
Other comprehensive income	—		—		2		—		—		2		—
Balance, March 31, 2023	$	7	$	7,663	$	(73)	$	(739)	$	5	$	6,863	$	167

Components of Capital

The components of the Capital of Host L.P. are as follows (in millions):

	General Partner		Limited Partner		Accumulated Other Comprehensive Income (Loss)		Non-controlling interests		Total capital		Limited partnership interests of third parties
Balance, December 31, 2023	$	1	$	6,702	$	(70)	$	4	$	6,637	$	189
Net income	—		268		—		—		268		4
Issuance of common OP units to Host Inc. for comprehensive stock plans, net	—		(12)		—		—		(12)		—
Distributions declared on common OP units	—		(141)		—		—		(141)		(2)
Distributions to non-controlling interests	—		—		—		(1)		(1)		—
Changes in ownership and other	—		(9)		—		1		(8)		9
Other comprehensive loss	—		—		(3)		—		(3)		—
Balance, March 31, 2024	$	1	$	6,808	$	(73)	$	4	$	6,740	$	200

	General Partner		Limited Partner		Accumulated Other Comprehensive Income (Loss)		Non-controlling interests		Total capital		Limited partnership interests of third parties
Balance, December 31, 2022	$	1	$	6,784	$	(75)	$	5	$	6,715	$	164
Net income	—		287		—		—		287		4
Issuance of common OP units to Host Inc. for comprehensive stock plans, net	—		(4)		—		—		(4)		—
Repurchase of common OP units	—		(50)		—		—		(50)		—
Distributions declared on common OP units	—		(87)		—		—		(87)		(1)
Other comprehensive income	—		—		2		—		2		—
Balance, March 31, 2023	$	1	$	6,930	$	(73)	$	5	$	6,863	$	167