Earnings Per Common Share (Unit) (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Earnings Per Common Share (Unit)

The calculation of Host Inc. basic and diluted earnings per common share is shown below (in millions, except per share amounts):

	Quarter ended March 31,
	2024		2023
Net income	$	272	$	291
Less: Net income attributable to non-controlling interests	(4)		(4)
Net income attributable to Host Inc.	$	268	$	287
Basic weighted average shares outstanding	704.0		713.4
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market	1.5		1.5
Diluted weighted average shares outstanding	705.5		714.9
Basic earnings per common share	$	0.38	$	0.40
Diluted earnings per common share	$	0.38	$	0.40

The calculation of Host L.P. basic and diluted earnings per unit is shown below (in millions, except per unit amounts):

	Quarter ended March 31,
	2024		2023
Net income	$	272	$	291
Less: Net income attributable to non-controlling interests	—		—
Net income attributable to Host L.P.	$	272	$	291
Basic weighted average units outstanding	698.7		708.3
Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market	1.5		1.5
Diluted weighted average units outstanding	700.2		709.8
Basic earnings per common unit	$	0.39	$	0.41
Diluted earnings per common unit	$	0.39	$	0.41