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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
REVENUES        
Revenues $ 649 $ 103 $ 1,048 $ 1,155
EXPENSES        
Other property-level expenses 79 70 157 163
Depreciation and amortization 169 168 334 332
Corporate and other expenses 25 25 49 50
Total operating costs and expenses 717 456 1,282 1,519
OPERATING LOSS (68) (353) (234) (364)
Interest income   1 1 7
Interest expense (43) (40) (85) (77)
Other gains 3 15 2 13
Equity in earnings (losses) of affiliates 25 (25) 34 (21)
LOSS BEFORE INCOME TAXES (83) (402) (282) (442)
Benefit for income taxes 22 46 68 83
NET LOSS (61) (356) (214) (359)
Less: Net loss attributable to non-controlling interests 1 4 2 4
NET LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC. $ (60) $ (352) $ (212) $ (355)
Basic loss per common share $ (0.09) $ (0.50) $ (0.30) $ (0.50)
Diluted loss per common share $ (0.09) $ (0.50) $ (0.30) $ (0.50)
HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues $ 649 $ 103 $ 1,048 $ 1,155
EXPENSES        
Other property-level expenses 79 70 157 163
Depreciation and amortization 169 168 334 332
Corporate and other expenses 25 25 49 50
Total operating costs and expenses 717 456 1,282 1,519
OPERATING LOSS (68) (353) (234) (364)
Interest income   1 1 7
Interest expense (43) (40) (85) (77)
Other gains 3 15 2 13
Equity in earnings (losses) of affiliates 25 (25) 34 (21)
LOSS BEFORE INCOME TAXES (83) (402) (282) (442)
Benefit for income taxes 22 46 68 83
NET LOSS (61) (356) (214) (359)
Less: Net loss attributable to non-controlling interests   1   1
NET LOSS ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC. $ (61) $ (355) $ (214) $ (358)
Basic loss per common share $ (0.09) $ (0.51) $ (0.31) $ (0.51)
Diluted loss per common share $ (0.09) $ (0.51) $ (0.31) $ (0.51)
Rooms        
REVENUES        
Revenues $ 423 $ 61 $ 680 $ 687
EXPENSES        
Expenses 109 43 174 230
Rooms | HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues 423 61 680 687
EXPENSES        
Expenses 109 43 174 230
Food and Beverage        
REVENUES        
Revenues 137 11 214 341
EXPENSES        
Expenses 105 39 167 284
Food and Beverage | HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues 137 11 214 341
EXPENSES        
Expenses 105 39 167 284
Other        
REVENUES        
Revenues 89 31 154 127
EXPENSES        
Expenses 209 113 369 432
Other | HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues 89 31 154 127
EXPENSES        
Expenses 209 113 369 432
Management Fees        
EXPENSES        
Expenses 21 (2) 32 28
Management Fees | HOST HOTELS & RESORTS L.P.        
EXPENSES        
Expenses $ 21 $ (2) $ 32 $ 28