Earnings Per Common Share (Unit) (Tables)

9 Months Ended

Sep. 30, 2018

The calculation of Host Inc. basic and diluted earnings per common share is shown below (in millions, except per share amounts):

	Quarter ended September 30,						Year-to-date ended September 30,
	2018			2017			2018			2017
Net income	$	378		$	105		$	845		$	478
Less: Net income attributable to non-controlling interests		(56	)		(1	)		(61	)		(6	)
Net income attributable to Host Inc.	$	322		$	104		$	784		$	472

Basic weighted average shares outstanding		739.9			738.8			739.6			738.5
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.6			0.2			0.6			0.2
Diluted weighted average shares outstanding		740.5			739.0			740.2			738.7

Basic earnings per common share	$	.43		$	.14		$	1.06		$	.64
Diluted earnings per common share	$	.43		$	.14		$	1.06		$	.64

The calculation of Host L.P. basic and diluted earnings per unit is shown below (in millions, except per unit amounts):

	Quarter ended September 30,					Year-to-date ended September 30,
	2018			2017		2018			2017
Net income	$	378		$	105	$	845		$	478
Less: Net (income) loss attributable to non- controlling interests		(53	)		1		(53	)		—
Net income attributable to Host L.P.	$	325		$	106	$	792		$	478

Basic weighted average units outstanding		732.3			731.6		732.1			731.4
Assuming distribution of common units to support shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.6			0.2		0.6			0.2
Diluted weighted average units outstanding		732.9			731.8		732.7			731.6

Basic earnings per common unit	$	.44		$	.14	$	1.08		$	.65
Diluted earnings per common unit	$	.44		$	.14	$	1.08		$	.65