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Quarterly Financial Data (unaudited) (Tables)
12 Months Ended
Dec. 31, 2013
Quarterly Financial Data

 

 

 

2013

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

 

(in millions, except per share/unit amounts)

 

Host Hotels & Resorts, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,225

 

 

$

1,399

 

 

$

1,211

 

 

$

1,331

 

Operating profit

 

 

90

 

 

 

205

 

 

 

79

 

 

 

138

 

Income from continuing operations

 

 

34

 

 

 

116

 

 

 

1

 

 

 

59

 

Income from discontinued operations

 

 

26

 

 

 

5

 

 

 

17

 

 

 

67

 

Net income

 

 

60

 

 

 

121

 

 

 

18

 

 

 

126

 

Net income attributable to Host Hotels & Resorts, Inc.

 

 

56

 

 

 

119

 

 

 

19

 

 

 

123

 

Basic earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

.04

 

 

 

.16

 

 

 

.01

 

 

 

.07

 

Discontinued operations

 

 

.04

 

 

 

 

 

 

.02

 

 

 

.09

 

Basic earnings per common share

 

 

.08

 

 

 

.16

 

 

 

.03

 

 

 

.16

 

Diluted earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

.04

 

 

 

.16

 

 

 

.01

 

 

 

.07

 

Discontinued operations

 

 

.04

 

 

 

 

 

 

.02

 

 

 

.09

 

Diluted earnings per common share

 

 

.08

 

 

 

.16

 

 

 

.03

 

 

 

.16

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

57

 

 

 

120

 

 

 

19

 

 

 

125

 

Basic earnings per common unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

.04

 

 

 

.15

 

 

 

.01

 

 

 

.08

 

Discontinued operations

 

 

.04

 

 

 

.01

 

 

 

.02

 

 

 

.09

 

Basic earnings per common unit

 

 

.08

 

 

 

.16

 

 

 

.03

 

 

 

.17

 

Diluted earnings per common unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

.04

 

 

 

.15

 

 

 

.01

 

 

 

.08

 

Discontinued operations

 

 

.04

 

 

 

.01

 

 

 

.02

 

 

 

.09

 

Diluted earnings per common unit

 

 

.08

 

 

 

.16

 

 

 

.03

 

 

 

.17

 

 

 


 

 

 

2012

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

 

(in millions, except per share/unit amounts)

 

Host Hotels & Resorts, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

929

 

 

$

1,308

 

 

$

1,149

 

 

$

1,673

 

Operating profit

 

 

16

 

 

 

175

 

 

 

63

 

 

 

108

 

Income (loss) from continuing operations

 

 

(54

)

 

 

79

 

 

 

(39

)

 

 

5

 

Income from discontinued operations

 

 

54

 

 

 

4

 

 

 

3

 

 

 

10

 

Net income (loss)

 

 

 

 

 

83

 

 

 

(36

)

 

 

15

 

Net income (loss) attributable to Host Hotels & Resorts, Inc.

 

 

(2

)

 

 

82

 

 

 

(34

)

 

 

15

 

Basic earnings (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

(.08

)

 

 

.11

 

 

 

(.05

)

 

 

.01

 

Discontinued operations

 

 

.08

 

 

 

 

 

 

 

 

 

.01

 

Basic earnings (loss) per common share

 

 

 

 

 

.11

 

 

 

(.05

)

 

 

.02

 

Diluted earnings (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

(.08

)

 

 

.11

 

 

 

(.05

)

 

 

.01

 

Discontinued operations

 

 

.08

 

 

 

 

 

 

 

 

 

.01

 

Diluted earnings (loss) per common share

 

 

 

 

 

.11

 

 

 

(.05

)

 

 

.02

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

(2

)

 

 

83

 

 

 

(35

)

 

 

16

 

Basic earnings (loss) per common unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

(.08

)

 

 

.11

 

 

 

(.05

)

 

 

.01

 

Discontinued operations

 

 

.08

 

 

 

.01

 

 

 

 

 

 

.01

 

Basic earnings (loss) per common unit

 

 

 

 

 

.12

 

 

 

(.05

)

 

 

.02

 

Diluted earnings (loss) per common unit:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Continuing operations

 

 

(.08

)

 

 

.11

 

 

 

(.05

)

 

 

.01

 

Discontinued operations

 

 

.08

 

 

 

.01

 

 

 

 

 

 

.01

 

Diluted earnings (loss) per common unit

 

 

 

 

 

.12

 

 

 

(.05

)

 

 

.02

 

 

 

(1)

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