Selected Quarterly Financial Information (Tables)

12 Months Ended

Dec. 31, 2020

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Financial Information

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, including normal recurring items, considered necessary for a fair presentation of our financial results. Operating results for previous periods do not necessarily indicate results that may be achieved in any future period.

	2020
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(in millions, except per share data)
Revenues	$	1,920	$	564	$	933	$	890	$	4,307
Operating income (loss)	68		(302)		11		(195)		(418)
Net income (loss)	18		(432)		(81)		(225)		(720)
Net income (loss) attributable to Hilton stockholders	18		(430)		(79)		(224)		(715)
Basic earnings (loss) per share(1)	$	0.06	$	(1.55)	$	(0.29)	$	(0.81)	$	(2.58)
Diluted earnings (loss) per share(1)	$	0.06	$	(1.55)	$	(0.28)	$	(0.80)	$	(2.56)

	2019
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(in millions, except per share data)
Revenues	$	2,204	$	2,484	$	2,395	$	2,369	$	9,452
Operating income	312		478		519		348		1,657
Net income	159		261		290		176		886
Net income attributable to Hilton stockholders	158		260		288		175		881
Basic earnings per share(1)	$	0.54	$	0.90	$	1.01	$	0.62	$	3.07
Diluted earnings per share(1)	$	0.54	$	0.89	$	1.00	$	0.61	$	3.04

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