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Selected Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2015
Quarterly Financial Information Disclosure (unaudited) [Abstract]  
Quarterly Financial Information
Selected Quarterly Financial Information (unaudited)

The following table sets forth the historical unaudited quarterly financial data for the periods indicated. The information for each of these periods has been prepared on the same basis as the audited consolidated financial statements and, in our opinion, reflects all adjustments necessary to present fairly our financial results. Operating results for previous periods do not necessarily indicate results that may be achieved in any future period.

 
2015
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
 
(in millions, except per share data)
Revenues
$
2,599

 
$
2,922

 
$
2,895

 
$
2,856

 
$
11,272

Operating income
490

 
427

 
663

 
491

 
2,071

Net income
150

 
167

 
283

 
816

 
1,416

Net income attributable to Hilton stockholders
150

 
161

 
279

 
814

 
1,404

Basic and diluted earnings per share(1)
$
0.15

 
$
0.16

 
$
0.28

 
$
0.82

 
$
1.42

____________
(1) 
The sum of the earnings per share for the four quarters differs from annual earnings per share due to the required method of computing the weighted average shares outstanding in interim periods.

 
2014
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
 
(in millions, except per share data)
Revenues
$
2,363

 
$
2,667

 
$
2,644

 
$
2,828

 
$
10,502

Operating income
338

 
435

 
445

 
455

 
1,673

Net income
124

 
212

 
187

 
159

 
682

Net income attributable to Hilton stockholders
123

 
209

 
183

 
158

 
673

Basic and diluted earnings per share
$
0.12

 
$
0.21

 
$
0.19

 
$
0.16

 
$
0.68