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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
REVENUES      
Revenues $ 5,469 $ 5,524 $ 5,387
EXPENSES      
Other property-level expenses 365 387 394
Depreciation and amortization 676 944 751
Corporate and other expenses 107 104 98
Gain on insurance and business interruption settlements (5) (7) (14)
Total operating costs and expenses 4,670 4,994 4,711
OPERATING PROFIT 799 530 676
Interest income 32 15 6
Interest expense (222) (176) (167)
Other gains/(losses) 340 902 108
Loss on foreign currency transactions and derivatives (1)   (2)
Equity in earnings of affiliates 14 30 30
INCOME BEFORE INCOME TAXES 962 1,301 651
Provision for income taxes (30) (150) (80)
NET INCOME 932 1,151 571
Less: Net income attributable to non-controlling interests (12) (64) (7)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY $ 920 $ 1,087 $ 564
Basic earnings per common share $ 1.26 $ 1.47 $ 0.76
Diluted earnings per common share $ 1.26 $ 1.47 $ 0.76
HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues $ 5,469 $ 5,524 $ 5,387
EXPENSES      
Other property-level expenses 365 387 394
Depreciation and amortization 676 944 751
Corporate and other expenses 107 104 98
Gain on insurance and business interruption settlements (5) (7) (14)
Total operating costs and expenses 4,670 4,994 4,711
OPERATING PROFIT 799 530 676
Interest income 32 15 6
Interest expense (222) (176) (167)
Other gains/(losses) 340 902 108
Loss on foreign currency transactions and derivatives (1)   (2)
Equity in earnings of affiliates 14 30 30
INCOME BEFORE INCOME TAXES 962 1,301 651
Provision for income taxes (30) (150) (80)
NET INCOME 932 1,151 571
Less: Net income attributable to non-controlling interests (2) (52)  
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY $ 930 $ 1,099 $ 571
Basic earnings per common share $ 1.29 $ 1.50 $ 0.78
Diluted earnings per common share $ 1.29 $ 1.50 $ 0.78
Rooms      
REVENUES      
Revenues $ 3,431 $ 3,547 $ 3,490
EXPENSES      
Expenses 873 918 899
Rooms | HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues 3,431 3,547 3,490
EXPENSES      
Expenses 873 918 899
Food and Beverage      
REVENUES      
Revenues 1,647 1,616 1,561
EXPENSES      
Expenses 1,120 1,103 1,071
Food and Beverage | HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues 1,647 1,616 1,561
EXPENSES      
Expenses 1,120 1,103 1,071
Other      
REVENUES      
Revenues 391 361 336
EXPENSES      
Expenses 1,295 1,302 1,273
Other | HOST HOTELS & RESORTS L.P.      
REVENUES      
Revenues 391 361 336
EXPENSES      
Expenses 1,295 1,302 1,273
Management Fees      
EXPENSES      
Expenses 239 243 239
Management Fees | HOST HOTELS & RESORTS L.P.      
EXPENSES      
Expenses $ 239 $ 243 $ 239