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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
OPERATING ACTIVITIES        
NET INCOME $ 212 $ 351 $ 373 $ 535
Adjustments to reconcile to cash provided by operations:        
Depreciation and amortization 178 178 358 359
Amortization of finance costs, discounts and premiums, net     3 3
Stock compensation expense     5 6
Deferred income taxes     20 13
Gain on sale of assets (29) (172) (46) (231)
(Gain) loss on foreign currency transactions and derivatives   (2) 2 (3)
Gain on property insurance settlement       (1)
Equity in earnings of affiliates (8) (9) (15) (11)
Change in due from managers     (62) (67)
Distributions from investments in affiliates     13 18
Changes in other assets     (23) (3)
Changes in other liabilities     (16) (7)
Cash provided by operating activities     612 611
INVESTING ACTIVITIES        
Proceeds from sales of assets, net     226 440
Return of investments in affiliates     4 9
Advances to and investments in affiliates       (1)
Acquisitions     (467) (50)
Capital expenditures:        
Renewals and replacements     (111) (162)
Redevelopment and acquisition-related investments     (32) (146)
Cash provided by (used in) investing activities     (380) 90
FINANCING ACTIVITIES        
Financing costs     (9)  
Issuances of debt     398  
Draws on credit facility     340 449
Repayment of credit facility     (340) (490)
Mortgage debt and other prepayments and scheduled maturities       (120)
Common stock repurchase       (162)
Dividends on common stock     (332) (300)
Other financing activities     (2) (4)
Cash provided by (used in) financing activities     55 (627)
Effects of exchange rate changes on cash held     4 4
INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH     291 78
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD     547 377
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 838 455 838 455
Supplemental disclosure of cash flow information:        
Cash and cash equivalents 644 266 644 266
Restricted cash 2 16 2 16
Cash included in furniture, fixtures and equipment replacement fund 192 173 192 173
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 838 455 838 455
Total interest paid     72 68
Income taxes paid     15 12
HOST HOTELS & RESORTS L.P.        
OPERATING ACTIVITIES        
NET INCOME 212 351 373 535
Adjustments to reconcile to cash provided by operations:        
Depreciation and amortization 178 178 358 359
Amortization of finance costs, discounts and premiums, net     3 3
Stock compensation expense     5 6
Deferred income taxes     20 13
Gain on sale of assets (29) (172) (46) (231)
(Gain) loss on foreign currency transactions and derivatives   (2) 2 (3)
Gain on property insurance settlement       (1)
Equity in earnings of affiliates (8) (9) (15) (11)
Change in due from managers     (62) (67)
Distributions from investments in affiliates     13 18
Changes in other assets     (23) (3)
Changes in other liabilities     (16) (7)
Cash provided by operating activities     612 611
INVESTING ACTIVITIES        
Proceeds from sales of assets, net     226 440
Return of investments in affiliates     4 9
Advances to and investments in affiliates       (1)
Acquisitions     (467) (50)
Capital expenditures:        
Renewals and replacements     (111) (162)
Redevelopment and acquisition-related investments     (32) (146)
Cash provided by (used in) investing activities     (380) 90
FINANCING ACTIVITIES        
Financing costs     (9)  
Issuances of debt     398  
Draws on credit facility     340 449
Repayment of credit facility     (340) (490)
Mortgage debt and other prepayments and scheduled maturities       (120)
Repurchase of common OP units       (162)
Distributions on common OP units     (336) (303)
Other financing activities     2 (1)
Cash provided by (used in) financing activities     55 (627)
Effects of exchange rate changes on cash held     4 4
INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH     291 78
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD     547 377
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 838 455 838 455
Supplemental disclosure of cash flow information:        
Cash and cash equivalents 644 266 644 266
Restricted cash 2 16 2 16
Cash included in furniture, fixtures and equipment replacement fund 192 173 192 173
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD $ 838 $ 455 838 455
Total interest paid     72 68
Income taxes paid     $ 15 $ 12