XML 17 R2.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2017
Dec. 31, 2016
ASSETS    
Property and equipment, net $ 10,251 $ 10,145
Assets held for sale 98 150
Due from managers 120 55
Advances to and investments in affiliates 307 286
Furniture, fixtures and equipment replacement fund 192 173
Other 240 225
Restricted cash 2 2
Cash and cash equivalents 644 372
Total assets 11,854 11,408
Debt    
Senior notes 2,776 2,380
Credit facility, including term loans of $996 million and $997 million, respectively 1,215 1,206
Mortgage debt and other 1 63
Total debt 3,992 3,649
Accounts payable and accrued expenses 221 278
Liabilities held for sale 75  
Other 269 283
Total liabilities 4,557 4,210
Partnership interests 156 165
Host Hotels & Resorts, Inc. stockholders’ equity:    
Common stock, par value $.01, 1,050 million shares authorized, 738.8 million shares and 737.8 million shares issued and outstanding, respectively 7 7
Additional paid-in capital 8,102 8,077
Accumulated other comprehensive loss (77) (83)
Deficit (931) (1,007)
Total equity of Host Hotels & Resorts, Inc. stockholders 7,101 6,994
Non-controlling interests—other consolidated partnerships 40 39
Total equity 7,141 7,033
Total liabilities, non-controlling interests and equity 11,854 11,408
Host Hotels & Resorts, L.P. capital:    
Accumulated other comprehensive loss (77) (83)
HOST HOTELS & RESORTS L.P.    
ASSETS    
Property and equipment, net 10,251 10,145
Assets held for sale 98 150
Due from managers 120 55
Advances to and investments in affiliates 307 286
Furniture, fixtures and equipment replacement fund 192 173
Other 240 225
Restricted cash 2 2
Cash and cash equivalents 644 372
Total assets 11,854 11,408
Debt    
Senior notes 2,776 2,380
Credit facility, including term loans of $996 million and $997 million, respectively 1,215 1,206
Mortgage debt and other 1 63
Total debt 3,992 3,649
Accounts payable and accrued expenses 221 278
Liabilities held for sale 75  
Other 269 283
Total liabilities 4,557 4,210
Partnership interests [1] 156 165
Host Hotels & Resorts, Inc. stockholders’ equity:    
Accumulated other comprehensive loss (77) (83)
Total equity 7,141 7,033
Total liabilities, non-controlling interests and equity 11,854 11,408
Host Hotels & Resorts, L.P. capital:    
General partner 1 1
Limited partner 7,177 7,076
Accumulated other comprehensive loss (77) (83)
Total Host Hotels & Resorts, L.P. capital 7,101 6,994
Non-controlling interests—consolidated partnerships 40 39
Total capital $ 7,141 $ 7,033
[1] The book value recorded is equal to the greater of redemption value or historical cost.