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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
OPERATING ACTIVITIES        
NET INCOME $ 378 $ 105 $ 845 $ 478
Adjustments to reconcile to cash provided by operations:        
Depreciation and amortization 412 176 779 534
Amortization of finance costs, discounts and premiums, net     5 5
Stock compensation expense     11 8
Deferred income taxes       37
Gain on sale of assets (547) (59) (667) (105)
Loss on foreign currency transactions and derivatives (1) 2   4
Gain on property insurance settlement       (1)
Equity in earnings of affiliates (6) (4) (25) (19)
Change in due from managers     (55) (57)
Distributions from investments in affiliates     24 14
Changes in other assets     (7) (17)
Changes in other liabilities     31 (14)
Net cash provided by operating activities     941 867
INVESTING ACTIVITIES        
Proceeds from sales of assets, net     1,130 472
Return of investments in affiliates     1 4
Advances to and investments in affiliates     (4) (1)
Acquisitions     (1,025) (467)
Capital expenditures:        
Renewals and replacements     (214) (155)
Return on investment     (106) (53)
Property insurance proceeds     8  
Net cash used in investing activities     (210) (200)
FINANCING ACTIVITIES        
Financing costs       (9)
Issuances of debt       398
Draws on credit facility     360 340
Repayment of credit facility     (225) (379)
Mortgage debt and other prepayments and scheduled maturities       (69)
Dividends on common stock     (481) (480)
Distributions and payments to non-controlling interests     (6) (47)
Other financing activities     (9) 2
Net cash used in financing activities     (361) (244)
Effects of exchange rate changes on cash held     (4) 5
INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH     366 428
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD     1,109 544
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 1,475 972 1,475 972
Supplemental disclosure of cash flow information:        
Cash and cash equivalents 1,269 789 1,269 789
Restricted cash (included in other assets) 1   1  
Cash included in furniture, fixtures and equipment replacement fund 205 183 205 183
Total cash and cash equivalents and restricted cash shown in the statements of cash flows 1,475 972 1,475 972
Total interest paid     122 108
Income taxes paid     31 38
HOST HOTELS & RESORTS L.P.        
OPERATING ACTIVITIES        
NET INCOME 378 105 845 478
Adjustments to reconcile to cash provided by operations:        
Depreciation and amortization 412 176 779 534
Amortization of finance costs, discounts and premiums, net     5 5
Stock compensation expense     11 8
Deferred income taxes       37
Gain on sale of assets (547) (59) (667) (105)
Loss on foreign currency transactions and derivatives (1) 2   4
Gain on property insurance settlement       (1)
Equity in earnings of affiliates (6) (4) (25) (19)
Change in due from managers     (55) (57)
Distributions from investments in affiliates     24 14
Changes in other assets     (7) (17)
Changes in other liabilities     31 (14)
Net cash provided by operating activities     941 867
INVESTING ACTIVITIES        
Proceeds from sales of assets, net     1,130 472
Return of investments in affiliates     1 4
Advances to and investments in affiliates     (4) (1)
Acquisitions     (1,025) (467)
Capital expenditures:        
Renewals and replacements     (214) (155)
Return on investment     (106) (53)
Property insurance proceeds     8  
Net cash used in investing activities     (210) (200)
FINANCING ACTIVITIES        
Financing costs       (9)
Issuances of debt       398
Draws on credit facility     360 340
Repayment of credit facility     (225) (379)
Mortgage debt and other prepayments and scheduled maturities       (69)
Distributions on common OP units     (486) (486)
Distributions and payments to non-controlling interests     (1) (41)
Other financing activities     (9) 2
Net cash used in financing activities     (361) (244)
Effects of exchange rate changes on cash held     (4) 5
INCREASE IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH     366 428
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, BEGINNING OF PERIOD     1,109 544
CASH AND CASH EQUIVALENTS AND RESTRICTED CASH, END OF PERIOD 1,475 972 1,475 972
Supplemental disclosure of cash flow information:        
Cash and cash equivalents 1,269 789 1,269 789
Restricted cash (included in other assets) 1   1  
Cash included in furniture, fixtures and equipment replacement fund 205 183 205 183
Total cash and cash equivalents and restricted cash shown in the statements of cash flows $ 1,475 $ 972 1,475 972
Total interest paid     122 108
Income taxes paid     $ 31 $ 38