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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
OPERATING ACTIVITIES        
NET INCOME $ 105 $ 108 $ 478 $ 643
Adjustments to reconcile to cash provided by operations:        
Depreciation and amortization 176 182 534 541
Amortization of finance costs, discounts and premiums, net     5 4
Stock compensation expense     8 8
Deferred income taxes     37 29
Gain on sale of assets (59) (14) (105) (245)
(Gain) loss on foreign currency transactions and derivatives 2 1 4 (1)
Gain on property insurance settlement     (1) (1)
Equity in earnings of affiliates (4) (8) (19) (19)
Change in due from managers     (60) (63)
Distributions from investments in affiliates     14 20
Changes in other assets     (17) (1)
Changes in other liabilities     (14)  
Cash provided by operating activities     864 915
INVESTING ACTIVITIES        
Proceeds from sales of assets, net     472 464
Return of investments in affiliates     4 23
Advances to and investments in affiliates     (1) (4)
Acquisitions     (467) (54)
Capital expenditures:        
Renewals and replacements     (155) (222)
Redevelopment and acquisition-related investments     (53) (192)
Cash provided by (used in) investing activities     (200) 15
FINANCING ACTIVITIES        
Financing costs     (9)  
Issuances of debt     398  
Draws on credit facility     340 598
Repayment of credit facility     (379) (590)
Mortgage debt and other prepayments and scheduled maturities     (69) (137)
Common stock repurchase       (206)
Dividends on common stock     (480) (448)
Distributions and payments to non-controlling interests     (47) (6)
Other financing activities     2  
Cash used in financing activities     (244) (789)
Effects of exchange rate changes on cash held     5 6
INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH     425 147
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD     547 377
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 972 524 972 524
Supplemental disclosure of cash flow information:        
Cash and cash equivalents 789 340 789 340
Restricted cash   2   2
Cash included in furniture, fixtures and equipment replacement fund 183 182 183 182
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 972 524 972 524
Total interest paid     108 105
Income taxes paid     38 14
HOST HOTELS & RESORTS L.P.        
OPERATING ACTIVITIES        
NET INCOME 105 108 478 643
Adjustments to reconcile to cash provided by operations:        
Depreciation and amortization 176 182 534 541
Amortization of finance costs, discounts and premiums, net     5 4
Stock compensation expense     8 8
Deferred income taxes     37 29
Gain on sale of assets (59) (14) (105) (245)
(Gain) loss on foreign currency transactions and derivatives 2 1 4 (1)
Gain on property insurance settlement     (1) (1)
Equity in earnings of affiliates (4) (8) (19) (19)
Change in due from managers     (60) (63)
Distributions from investments in affiliates     14 20
Changes in other assets     (17) (1)
Changes in other liabilities     (14)  
Cash provided by operating activities     864 915
INVESTING ACTIVITIES        
Proceeds from sales of assets, net     472 464
Return of investments in affiliates     4 23
Advances to and investments in affiliates     (1) (4)
Acquisitions     (467) (54)
Capital expenditures:        
Renewals and replacements     (155) (222)
Redevelopment and acquisition-related investments     (53) (192)
Cash provided by (used in) investing activities     (200) 15
FINANCING ACTIVITIES        
Financing costs     (9)  
Issuances of debt     398  
Draws on credit facility     340 598
Repayment of credit facility     (379) (590)
Mortgage debt and other prepayments and scheduled maturities     (69) (137)
Repurchase of common OP units       (206)
Distributions on common OP units     (486) (453)
Distributions and payments to non-controlling interests     (41) (1)
Other financing activities     2  
Cash used in financing activities     (244) (789)
Effects of exchange rate changes on cash held     5 6
INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH     425 147
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD     547 377
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 972 524 972 524
Supplemental disclosure of cash flow information:        
Cash and cash equivalents 789 340 789 340
Restricted cash   2   2
Cash included in furniture, fixtures and equipment replacement fund 183 182 183 182
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD $ 972 $ 524 972 524
Total interest paid     108 105
Income taxes paid     $ 38 $ 14