Equity of Host Inc. and Capital of Host L.P. (Tables)

3 Months Ended

Mar. 31, 2019

HOST HOTELS & RESORTS, INC.

Equity Allocation between Controlling and Non-Controlling Interests

Equity of Host Inc. is allocated between controlling and non-controlling interests as follows (in millions):

	Equity of Host Inc.			Non-redeemable, non-controlling interests			Total equity			Redeemable, non-controlling interests
Balance, December 31, 2018	$	7,494		$	72		$	7,566		$	128
Net income		186			1			187			2
Issuance of common stock for comprehensive      stock plans, net		(2	)		—			(2	)		—
Dividends declared on common stock		(148	)		—			(148	)		—
Distributions to non-controlling interests		—			(67	)		(67	)		(2	)
Changes in ownership and other		(17	)		1			(16	)		19
Balance, March 31, 2019	$	7,513		$	7		$	7,520		$	147

	Equity of Host Inc.			Non-redeemable, non-controlling interests		Total equity			Redeemable, non-controlling interests
Balance, December 31, 2017	$	6,973		$	29	$	7,002		$	167
Net income		253			—		253			3
Issuance of common stock for comprehensive      stock plans, net		(1	)		—		(1	)		—
Dividends declared on common stock		(148	)		—		(148	)		—
Distributions to non-controlling interests		—			—		—			(2	)
Changes in ownership and other		12			—		12			(12	)
Other comprehensive income		5			—		5			—
Cumulative effect of accounting change		5			—		5			—
Balance, March 31, 2018	$	7,099		$	29	$	7,128		$	156

HOST HOTELS & RESORTS L.P.

Capital Allocation between Controlling and Non-Controlling Interests

Capital of Host L.P. is allocated between controlling and non-controlling interests as follows (in millions):

	Capital of Host L.P.			Non-controlling interests			Total capital			Limited partnership interests of third parties
Balance, December 31, 2018	$	7,494		$	72		$	7,566		$	128
Net income		186			1			187			2
Issuance of common OP units to Host Inc. for      comprehensive stock plans, net		(2	)		—			(2	)		—
Distributions declared on common OP units		(148	)		—			(148	)		(2	)
Distributions to non-controlling interests		—			(67	)		(67	)		—
Changes in ownership and other		(17	)		1			(16	)		19
Balance, March 31, 2019	$	7,513		$	7		$	7,520		$	147

	Capital of Host L.P.			Non-controlling interests		Total capital			Limited partnership interests of third parties
Balance, December 31, 2017	$	6,973		$	29	$	7,002		$	167
Net income		253			—		253			3
Issuance of common OP units to Host Inc. for      comprehensive stock plans, net		(1	)		—		(1	)		—
Distributions declared on common OP units		(148	)		—		(148	)		(2	)
Changes in ownership and other		12			—		12			(12	)
Other comprehensive income		5			—		5			—
Cumulative effect of accounting change		5			—		5			—
Balance, March 31, 2018	$	7,099		$	29	$	7,128		$	156