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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
REVENUES      
Revenues $ 5,524 $ 5,387 $ 5,430
EXPENSES      
Other property-level expenses 387 394 382
Depreciation and amortization 944 751 724
Corporate and other expenses 104 98 106
Gain on insurance and business interruption settlements (7) (14) (15)
Total operating costs and expenses 4,994 4,711 4,746
OPERATING PROFIT 530 676 684
Interest income 15 6 3
Interest expense (176) (167) (154) [1]
Gain on sale of assets 902 108 253
Gain (loss) on foreign currency transactions and derivatives   (2) 4
Equity in earnings of affiliates 30 30 21
INCOME BEFORE INCOME TAXES 1,301 651 811
Provision for income taxes (150) (80) (40)
NET INCOME 1,151 571 771
Less: Net income attributable to non-controlling interests (64) (7) (9)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY $ 1,087 $ 564 $ 762
Basic earnings per common share $ 1.47 $ 0.76 $ 1.03
Diluted earnings per common share $ 1.47 $ 0.76 $ 1.02
HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues $ 5,524 $ 5,387 $ 5,430
EXPENSES      
Other property-level expenses 387 394 382
Depreciation and amortization 944 751 724
Corporate and other expenses 104 98 106
Gain on insurance and business interruption settlements (7) (14) (15)
Total operating costs and expenses 4,994 4,711 4,746
OPERATING PROFIT 530 676 684
Interest income 15 6 3
Interest expense (176) (167) (154)
Gain on sale of assets 902 108 253
Gain (loss) on foreign currency transactions and derivatives   (2) 4
Equity in earnings of affiliates 30 30 21
INCOME BEFORE INCOME TAXES 1,301 651 811
Provision for income taxes (150) (80) (40)
NET INCOME 1,151 571 771
Less: Net income attributable to non-controlling interests (52)    
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY $ 1,099 $ 571 $ 771
Basic earnings per common share $ 1.50 $ 0.78 $ 1.05
Diluted earnings per common share $ 1.50 $ 0.78 $ 1.05
Rooms      
REVENUES      
Revenues $ 3,547 $ 3,490 $ 3,492
EXPENSES      
Expenses 918 899 893
Rooms | HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues 3,547 3,490 3,492
EXPENSES      
Expenses 918 899 893
Food and Beverage      
REVENUES      
Revenues 1,616 1,561 1,599
EXPENSES      
Expenses 1,103 1,071 1,114
Food and Beverage | HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues 1,616 1,561 1,599
EXPENSES      
Expenses 1,103 1,071 1,114
Other Departmental and Support Expenses      
REVENUES      
Revenues 361 336 339
EXPENSES      
Expenses 1,302 1,273 1,306
Other Departmental and Support Expenses | HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues 361 336 339
EXPENSES      
Expenses 1,302 1,273 1,306
Management Fees      
EXPENSES      
Expenses 243 239 236
Management Fees | HOST HOTELS & RESORTS L.P.      
EXPENSES      
Expenses $ 243 $ 239 $ 236
[1] Does not include capitalized interest of $3 million, $1 million and $3 million for 2018, 2017 and 2016, respectively.