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Equity of Host Inc. and Capital of Host L.P. (Tables)
3 Months Ended
Mar. 31, 2017
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, 2016

 

$

6,994

 

 

$

39

 

 

$

7,033

 

 

$

165

 

Net income

 

 

158

 

 

 

1

 

 

 

159

 

 

 

2

 

Issuance of common stock for comprehensive

     stock plans

 

 

8

 

 

 

 

 

 

8

 

 

 

 

Dividends declared on common stock

 

 

(147

)

 

 

 

 

 

(147

)

 

 

 

Distributions to non-controlling interests

 

 

 

 

 

 

 

 

 

 

 

(2

)

Changes in ownership and other

 

 

9

 

 

 

(1

)

 

 

8

 

 

 

(4

)

Other comprehensive income

 

 

4

 

 

 

1

 

 

 

5

 

 

 

 

Balance, March 31, 2017

 

$

7,026

 

 

$

40

 

 

$

7,066

 

 

$

161

 

 

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, 2016

 

$

6,994

 

 

$

39

 

 

$

7,033

 

 

$

165

 

Net income

 

 

158

 

 

 

1

 

 

 

159

 

 

 

2

 

Issuance of common OP units to Host Inc. for

     comprehensive stock plans

 

 

8

 

 

 

 

 

 

8

 

 

 

 

Distributions declared on common OP units

 

 

(147

)

 

 

 

 

 

(147

)

 

 

(2

)

Changes in ownership and other

 

 

9

 

 

 

(1

)

 

 

8

 

 

 

(4

)

Other comprehensive income

 

 

4

 

 

 

1

 

 

 

5

 

 

 

 

Balance, March 31, 2017

 

$

7,026

 

 

$

40

 

 

$

7,066

 

 

$

161