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Equity of Host Inc. and Capital of Host L.P. (Tables)
6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
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, 2015

 

$

7,064

 

 

$

40

 

 

$

7,104

 

 

$

143

 

Net income (loss)

 

 

529

 

 

 

(1

)

 

 

528

 

 

 

7

 

Issuance of common stock

 

 

6

 

 

 

 

 

 

6

 

 

 

 

Repurchase of common stock

 

 

(162

)

 

 

 

 

 

(162

)

 

 

 

Dividends declared on common stock

 

 

(297

)

 

 

 

 

 

(297

)

 

 

 

Distributions to non-controlling interests

 

 

 

 

 

 

 

 

 

 

 

(4

)

Other changes in ownership

 

 

(1

)

 

 

 

 

 

(1

)

 

 

1

 

Other comprehensive income

 

 

36

 

 

 

 

 

 

36

 

 

 

 

Balance, June 30, 2016

 

$

7,175

 

 

$

39

 

 

$

7,214

 

 

$

147

 

 

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 Interest of Third Parties

 

Balance, December 31, 2015

 

$

7,064

 

 

$

40

 

 

$

7,104

 

 

$

143

 

Net income (loss)

 

 

529

 

 

 

(1

)

 

 

528

 

 

 

7

 

Issuance of common OP units

 

 

6

 

 

 

 

 

 

6

 

 

 

 

Repurchase of common OP units

 

 

(162

)

 

 

 

 

 

(162

)

 

 

 

Distributions declared on common OP units

 

 

(297

)

 

 

 

 

 

(297

)

 

 

(4

)

Other changes in ownership

 

 

(1

)

 

 

 

 

 

(1

)

 

 

1

 

Other comprehensive income

 

 

36

 

 

 

 

 

 

36

 

 

 

 

Balance, June 30, 2016

 

$

7,175

 

 

$

39

 

 

$

7,214

 

 

$

147