CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
REVENUES
Rooms	$ 843	$ 843
Food and beverage	422	408
Other	83	88
Total revenues	1,348	1,339
EXPENSES
Rooms	219	221
Food and beverage	277	284
Other departmental and support expenses	319	328
Management fees	56	57
Other property-level expenses	100	93
Depreciation and amortization	180	181
Corporate and other expenses	29	27
Gain on insurance and business interruption settlements	(3)	(3)
Total operating costs and expenses	1,177	1,188
OPERATING PROFIT	171	151
Interest income	1	1
Interest expense	(39)	(39)
Gain on sale of assets	17	59
Gain (loss) on foreign currency transactions and derivatives	(2)	1
Equity in earnings of affiliates	7	2
INCOME BEFORE INCOME TAXES	155	175
Benefit for income taxes	6	9
NET INCOME	161	184
Less: Net income attributable to non-controlling interests	(3)	(2)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 158	$ 182
Basic earnings per common share	$ 0.21	$ 0.24
Diluted earnings per common share	$ 0.21	$ 0.24
HOST HOTELS & RESORTS L.P.
REVENUES
Rooms	$ 843	$ 843
Food and beverage	422	408
Other	83	88
Total revenues	1,348	1,339
EXPENSES
Rooms	219	221
Food and beverage	277	284
Other departmental and support expenses	319	328
Management fees	56	57
Other property-level expenses	100	93
Depreciation and amortization	180	181
Corporate and other expenses	29	27
Gain on insurance and business interruption settlements	(3)	(3)
Total operating costs and expenses	1,177	1,188
OPERATING PROFIT	171	151
Interest income	1	1
Interest expense	(39)	(39)
Gain on sale of assets	17	59
Gain (loss) on foreign currency transactions and derivatives	(2)	1
Equity in earnings of affiliates	7	2
INCOME BEFORE INCOME TAXES	155	175
Benefit for income taxes	6	9
NET INCOME	161	184
Less: Net income attributable to non-controlling interests	(1)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 160	$ 184
Basic earnings per common share	$ 0.22	$ 0.25
Diluted earnings per common share	$ 0.22	$ 0.25