Non-controlling Interests (Tables)

3 Months Ended

Mar. 31, 2022

Noncontrolling Interest [Abstract]

Historical Cost and Redemption Values for the Non-Controlling Interests

The table below details the historical cost and redemption values for the non-controlling interests of Host L.P.:

	March 31, 2022		December 31, 2021
Common OP units outstanding (millions)		10.2		7.1
Market price per Host Inc. common share	$	19.43	$	17.39
Shares issuable upon conversion of one common OP unit		1.021494		1.021494
Redemption value (millions)	$	203	$	126
Historical cost (millions)		97		66
Book value (millions) ⁽¹⁾		203		126

___________

(1) The book value recorded is equal to the greater of redemption value or historical cost.