CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
REVENUES
Rooms	$ 879	$ 870	$ 2,655	$ 2,625
Food and beverage	336	337	1,183	1,160
Other	80	76	255	239
Total revenues	1,295	1,283	4,093	4,024
EXPENSES
Rooms	225	228	674	681
Food and beverage	257	258	830	830
Other departmental and support expenses	321	322	981	973
Management fees	54	51	177	171
Other property-level expenses	96	97	289	289
Depreciation and amortization	182	177	541	528
Corporate and other expenses	28	21	82	68
Gain on insurance and business interruption settlements	(12)	(4)	(15)	(4)
Total operating costs and expenses	1,151	1,150	3,559	3,536
OPERATING PROFIT	144	133	534	488
Interest income			2	2
Interest expense	(38)	(46)	(116)	(167)
Gain on sale of assets	14	5	245	62
Gain (loss) on foreign currency transactions and derivatives	(1)	(1)	1	(3)
Equity in earnings of affiliates	8	5	19	31
INCOME BEFORE INCOME TAXES	127	96	685	413
Provision for income taxes	(19)	(9)	(42)	(13)
NET INCOME	108	87	643	400
Less: Net (income) loss attributable to non-controlling interests	(1)	(2)	(7)	(5)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 107	$ 85	$ 636	$ 395
Basic earnings per common share	$ 0.14	$ 0.11	$ 0.85	$ 0.53
Diluted earnings per common share	$ 0.14	$ 0.11	$ 0.85	$ 0.53
HOST HOTELS & RESORTS L.P.
REVENUES
Rooms	$ 879	$ 870	$ 2,655	$ 2,625
Food and beverage	336	337	1,183	1,160
Other	80	76	255	239
Total revenues	1,295	1,283	4,093	4,024
EXPENSES
Rooms	225	228	674	681
Food and beverage	257	258	830	830
Other departmental and support expenses	321	322	981	973
Management fees	54	51	177	171
Other property-level expenses	96	97	289	289
Depreciation and amortization	182	177	541	528
Corporate and other expenses	28	21	82	68
Gain on insurance and business interruption settlements	(12)	(4)	(15)	(4)
Total operating costs and expenses	1,151	1,150	3,559	3,536
OPERATING PROFIT	144	133	534	488
Interest income			2	2
Interest expense	(38)	(46)	(116)	(167)
Gain on sale of assets	14	5	245	62
Gain (loss) on foreign currency transactions and derivatives	(1)	(1)	1	(3)
Equity in earnings of affiliates	8	5	19	31
INCOME BEFORE INCOME TAXES	127	96	685	413
Provision for income taxes	(19)	(9)	(42)	(13)
NET INCOME	108	87	643	400
Less: Net (income) loss attributable to non-controlling interests		(1)	1
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 108	$ 86	$ 644	$ 400
Basic earnings per common share	$ 0.15	$ 0.12	$ 0.87	$ 0.54
Diluted earnings per common share	$ 0.15	$ 0.12	$ 0.87	$ 0.54