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Quarterly Financial Data (Unaudited)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (Unaudited)

18.

Quarterly Financial Data (unaudited)

 

 

2018

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

 

(in millions, except per share/unit amounts)

 

Host Hotels & Resorts, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,346

 

 

$

1,518

 

 

$

1,299

 

 

$

1,361

 

Operating profit (loss)

 

 

171

 

 

 

263

 

 

 

(92

)

 

 

188

 

Net income

 

 

256

 

 

 

211

 

 

 

378

 

 

 

306

 

Net income attributable to Host Hotels & Resorts, Inc.

 

 

253

 

 

 

209

 

 

 

322

 

 

 

303

 

Basic earnings per common share

 

 

.34

 

 

 

.28

 

 

 

.43

 

 

 

.41

 

Diluted earnings per common share

 

 

.34

 

 

 

.28

 

 

 

.43

 

 

 

.41

 

Host Hotels & Resorts, L.P.(1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Host Hotels & Resorts, L.P.

 

 

256

 

 

 

211

 

 

 

325

 

 

 

307

 

Basic earnings per common unit

 

 

.35

 

 

 

.29

 

 

 

.44

 

 

 

.42

 

Diluted earnings per common unit

 

 

.35

 

 

 

.29

 

 

 

.44

 

 

 

.42

 

 

 

 

2017

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

 

(in millions, except per share/unit amounts)

 

Host Hotels & Resorts, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,348

 

 

$

1,441

 

 

$

1,254

 

 

$

1,344

 

Operating profit

 

 

171

 

 

 

244

 

 

 

127

 

 

 

134

 

Net income

 

 

161

 

 

 

212

 

 

 

105

 

 

 

93

 

Net income attributable to Host Hotels & Resorts, Inc.

 

 

158

 

 

 

210

 

 

 

104

 

 

 

92

 

Basic earnings per common share

 

 

.21

 

 

 

.28

 

 

 

.14

 

 

 

.12

 

Diluted earnings per common share

 

 

.21

 

 

 

.28

 

 

 

.14

 

 

 

.12

 

Host Hotels & Resorts, L.P.(1):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to Host Hotels & Resorts, L.P.

 

 

160

 

 

 

212

 

 

 

106

 

 

 

93

 

Basic earnings per common unit

 

 

.22

 

 

 

.29

 

 

 

.14

 

 

 

.13

 

Diluted earnings per common unit

 

 

.22

 

 

 

.29

 

 

 

.14

 

 

 

.13

 

___________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

Other income statement line items not presented for Host L.P. are equal to the amounts presented for Host Inc.

The sum of the basic and diluted earnings per common share and OP units for the four quarters in all years presented differs from the annual earnings per common share and OP units due to the required method of computing the weighted average number of shares and OP units in the respective periods.