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Quarterly Financial Data (unaudited)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data (unaudited)

18.

Quarterly Financial Data (unaudited)

 

 

2016

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

 

(in millions, except per share/unit amounts)

 

Host Hotels & Resorts, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,339

 

 

$

1,459

 

 

$

1,295

 

 

$

1,337

 

Operating profit

 

 

151

 

 

 

239

 

 

 

144

 

 

 

150

 

Net income

 

 

184

 

 

 

351

 

 

 

108

 

 

 

128

 

Net income attributable to Host Hotels & Resorts, Inc.

 

 

182

 

 

 

347

 

 

 

107

 

 

 

126

 

Basic earnings per common share

 

 

.24

 

 

 

.47

 

 

 

.14

 

 

 

.17

 

Diluted earnings per common share

 

 

.24

 

 

 

.47

 

 

 

.14

 

 

 

.17

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

184

 

 

 

352

 

 

 

108

 

 

 

127

 

Basic earnings per common unit

 

 

.25

 

 

 

.48

 

 

 

.15

 

 

 

.17

 

Diluted earnings per common unit

 

 

.25

 

 

 

.48

 

 

 

.15

 

 

 

.17

 

 

 

 

2015

 

 

 

First

 

 

Second

 

 

Third

 

 

Fourth

 

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

Quarter

 

 

 

(in millions, except per share/unit amounts)

 

Host Hotels & Resorts, Inc.:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenues

 

$

1,302

 

 

$

1,439

 

 

$

1,283

 

 

$

1,326

 

Operating profit

 

 

133

 

 

 

222

 

 

 

133

 

 

 

143

 

Net income

 

 

99

 

 

 

214

 

 

 

87

 

 

 

165

 

Net income attributable to Host Hotels & Resorts, Inc.

 

 

98

 

 

 

212

 

 

 

85

 

 

 

163

 

Basic earnings per common share

 

 

.13

 

 

 

.28

 

 

 

.11

 

 

 

.22

 

Diluted earnings per common share

 

 

.13

 

 

 

.28

 

 

 

.11

 

 

 

.22

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

99

 

 

 

215

 

 

 

86

 

 

 

165

 

Basic earnings per common unit

 

 

.13

 

 

 

.29

 

 

 

.12

 

 

 

.22

 

Diluted earnings per common unit

 

 

.13

 

 

 

.29

 

 

 

.12

 

 

 

.22

 

___________

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(1)

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

The sum of the basic and diluted earnings per common share and OP units for the four quarters in all years presented differs from the annual earnings per common share and OP units due to the required method of computing the weighted average number of shares and OP units in the respective periods.