Exhibit 12.2
HOST HOTELS & RESORTS, L.P. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
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Year-to-date ended September 30, |
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2018 |
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2017 |
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Income from continuing operations before income taxes |
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$ |
908 |
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$ |
541 |
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Add (deduct): |
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Fixed charges |
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157 |
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|
147 |
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Capitalized interest |
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(2 |
) |
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(1 |
) |
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Amortization of capitalized interest |
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|
6 |
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|
6 |
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Equity in earnings related to equity method investees |
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(25 |
) |
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(19 |
) |
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Distributions from investments in affiliates |
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24 |
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14 |
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Adjusted earnings |
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$ |
1,068 |
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$ |
688 |
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Fixed charges: |
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Interest on indebtedness and amortization of deferred financing costs |
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$ |
134 |
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$ |
125 |
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Capitalized interest |
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2 |
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|
1 |
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Portion of rents representative of the interest factor |
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|
21 |
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21 |
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Total fixed charges |
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$ |
157 |
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$ |
147 |
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Ratio of earnings to fixed charges |
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6.8 |
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4.7 |
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