CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Millions, unless otherwise specified	3 Months Ended
	Mar. 23, 2012	Mar. 25, 2011
HOST HOTELS & RESORTS, INC.
OPERATING ACTIVITIES
Net loss		$ (60)
Discontinued operations:
Gain on dispositions	(48)
Depreciation		1
Depreciation and amortization	153	140
Amortization of deferred financing costs	3	3
Amortization of debt premiums/discounts, net	3	5
Deferred income taxes	(14)	(21)
Net gain on property transactions and other	(1)	(2)
(Gain) loss on foreign currency transactions and derivatives	1	(1)
Equity in losses of affiliates, net	2	2
Change in due from managers	(18)	(11)
Changes in other assets		5
Changes in other liabilities	(8)	(24)
Cash provided by operating activities	73	37
INVESTING ACTIVITIES
Proceeds from sales of assets, net	108
Acquisitions		(989)
Advances to and investment in affiliates	(19)	(5)
Capital expenditures:
Renewals and replacements	(100)	(48)
Redevelopment and other investments	(62)	(46)
Change in furniture, fixtures and equipment ("FF&E") replacement fund	(19)	(50)
Cash used in investing activities	(92)	(1,138)
FINANCING ACTIVITIES
Financing costs	(5)
Issuances of debt	350	80
Draw on credit facility	22	103
Mortgage debt prepayments and scheduled maturities		(132)
Scheduled principal repayments	(1)	(1)
Common stock issuance	173	99
Dividends on common stock	(35)	(7)
Distributions to non-controlling interests	(1)	(1)
Change in restricted cash for financing activities	2	1
Cash provided by financing activities	505	142
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	486	(959)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	826	1,113
CASH AND CASH EQUIVALENTS, END OF PERIOD	1,312	154
Supplemental disclosure of cash flow information
Interest paid	70	64
Income taxes paid	4	1
HOST HOTELS & RESORTS L.P.
OPERATING ACTIVITIES
Net loss		(60)
Discontinued operations:
Gain on dispositions	(48)
Depreciation		1
Depreciation and amortization	153	140
Amortization of deferred financing costs	3	3
Amortization of debt premiums/discounts, net	3	5
Deferred income taxes	(14)	(21)
Net gain on property transactions and other	(1)	(2)
(Gain) loss on foreign currency transactions and derivatives	1	(1)
Equity in losses of affiliates, net	2	2
Change in due from managers	(18)	(11)
Changes in other assets		5
Changes in other liabilities	(8)	(24)
Cash provided by operating activities	73	37
INVESTING ACTIVITIES
Proceeds from sales of assets, net	108
Acquisitions		(989)
Advances to and investment in affiliates	(19)	(5)
Capital expenditures:
Renewals and replacements	(100)	(48)
Redevelopment and other investments	(62)	(46)
Change in furniture, fixtures and equipment ("FF&E") replacement fund	(19)	(50)
Cash used in investing activities	(92)	(1,138)
FINANCING ACTIVITIES
Financing costs	(5)
Issuances of debt	350	80
Draw on credit facility	22	103
Mortgage debt prepayments and scheduled maturities		(132)
Scheduled principal repayments	(1)	(1)
Common OP unit issuance	173	99
Distributions on common OP units	(36)	(7)
Distributions to non-controlling interests		(1)
Change in restricted cash for financing activities	2	1
Cash provided by financing activities	505	142
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	486	(959)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	826	1,113
CASH AND CASH EQUIVALENTS, END OF PERIOD	1,312	154
Supplemental disclosure of cash flow information
Interest paid	70	64
Income taxes paid	$ 4	$ 1