2013 Q2 Form 10-Q Financial Statement
#000156459013000201 Filed on August 06, 2013
Income Statement
| Concept | 2013 Q2 | 2012 Q2 |
|---|---|---|
| Revenue | $1.420B | $1.326B |
| YoY Change | 7.09% | 3.27% |
| Cost Of Revenue | ||
| YoY Change | ||
| Gross Profit | ||
| YoY Change | ||
| Gross Profit Margin | ||
| Selling, General & Admin | $1.023B | $986.0M |
| YoY Change | 3.75% | 0.2% |
| % of Gross Profit | ||
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $176.0M | $152.0M |
| YoY Change | 15.79% | 2.01% |
| % of Gross Profit | ||
| Operating Expenses | $1.194B | $1.137B |
| YoY Change | 5.01% | 0.44% |
| Operating Profit | ||
| YoY Change | ||
| Interest Expense | -$95.00M | -$85.00M |
| YoY Change | 11.76% | 7.59% |
| % of Operating Profit | ||
| Other Income/Expense, Net | ||
| YoY Change | ||
| Pretax Income | $131.0M | $92.00M |
| YoY Change | 42.39% | 22.67% |
| Income Tax | $15.00M | $12.00M |
| % Of Pretax Income | 11.45% | 13.04% |
| Net Earnings | $119.0M | $82.00M |
| YoY Change | 45.12% | 32.26% |
| Net Earnings / Revenue | 8.38% | 6.18% |
| Basic Earnings Per Share | $0.16 | |
| Diluted Earnings Per Share | $0.16 | $111.7K |
| COMMON SHARES | ||
| Basic Shares Outstanding | 745.2M | 719.1M shares |
| Diluted Shares Outstanding | 745.9M |
Balance Sheet
| Concept | 2013 Q2 | 2012 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $393.0M | $465.0M |
| YoY Change | -15.48% | -26.66% |
| Cash & Equivalents | $393.0M | $465.0M |
| Short-Term Investments | ||
| Other Short-Term Assets | ||
| YoY Change | ||
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | ||
| Other Receivables | ||
| Total Short-Term Assets | $523.0M | $542.0M |
| YoY Change | -3.51% | -22.68% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $11.20B | $11.35B |
| YoY Change | -1.29% | -2.48% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | $392.0M | $211.0M |
| YoY Change | 85.78% | 18.54% |
| Other Assets | $81.00M | $87.00M |
| YoY Change | -6.9% | 1.16% |
| Total Long-Term Assets | $12.14B | $12.19B |
| YoY Change | -0.43% | -1.68% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $523.0M | $542.0M |
| Total Long-Term Assets | $12.14B | $12.19B |
| Total Assets | $12.67B | $12.74B |
| YoY Change | -0.56% | -2.8% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $175.0M | $95.00M |
| YoY Change | 84.21% | -46.63% |
| Accrued Expenses | ||
| YoY Change | ||
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $0.00 | $0.00 |
| YoY Change | ||
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $175.0M | $95.00M |
| YoY Change | 84.21% | -46.63% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $4.724B | $5.226B |
| YoY Change | -9.61% | -11.24% |
| Other Long-Term Liabilities | $384.0M | $278.0M |
| YoY Change | 38.13% | 33.01% |
| Total Long-Term Liabilities | $5.108B | $5.504B |
| YoY Change | -7.19% | -9.73% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $175.0M | $95.00M |
| Total Long-Term Liabilities | $5.108B | $5.504B |
| Total Liabilities | $5.486B | $5.795B |
| YoY Change | -5.33% | -10.7% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | ||
| YoY Change | ||
| Common Stock | ||
| YoY Change | ||
| Preferred Stock | ||
| YoY Change | ||
| Treasury Stock (at cost) | ||
| YoY Change | ||
| Treasury Stock Shares | ||
| Shareholders Equity | $7.179B | $6.941B |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $12.67B | $12.74B |
| YoY Change | -0.56% | -2.8% |
Cashflow Statement
| Concept | 2013 Q2 | 2012 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $119.0M | $82.00M |
| YoY Change | 45.12% | 32.26% |
| Depreciation, Depletion And Amortization | $176.0M | $152.0M |
| YoY Change | 15.79% | 2.01% |
| Cash From Operating Activities | $284.0M | $229.0M |
| YoY Change | 24.02% | 4.57% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$115.0M | -$179.0M |
| YoY Change | -35.75% | 22.6% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$57.00M | $2.000M |
| YoY Change | -2950.0% | -133.33% |
| Cash From Investing Activities | -$172.0M | -$177.0M |
| YoY Change | -2.82% | 16.45% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | -788.0M | -899.0M |
| YoY Change | -12.35% | -317.68% |
| NET CHANGE | ||
| Cash From Operating Activities | 284.0M | 229.0M |
| Cash From Investing Activities | -172.0M | -177.0M |
| Cash From Financing Activities | -788.0M | -899.0M |
| Net Change In Cash | -676.0M | -847.0M |
| YoY Change | -20.19% | -276.46% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $284.0M | $229.0M |
| Capital Expenditures | -$115.0M | -$179.0M |
| Free Cash Flow | $399.0M | $408.0M |
| YoY Change | -2.21% | 11.78% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| CY2013Q2 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
118 | |
| CY2013Q2 | us-gaap |
Land
Land
|
1939000000 | |
| CY2012Q4 | us-gaap |
Land
Land
|
1996000000 | |
| CY2013Q2 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
13483000000 | |
| CY2012Q4 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
13665000000 | |
| CY2013Q2 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
2212000000 | |
| CY2012Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
2227000000 | |
| CY2013Q2 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
163000000 | |
| CY2012Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
199000000 | |
| CY2013Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
17797000000 | |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
18087000000 | |
| CY2013Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6596000000 | |
| CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6499000000 | |
| CY2013Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11201000000 | |
| CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11588000000 | |
| CY2013Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
100000000 | |
| CY2013Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
100000000 | |
| CY2013Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
4400000 | |
| CY2013Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
3400000 | |
| CY2013Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
43200000 | |
| CY2013Q2 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
33400000 | |
| CY2013Q2 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
798000000 | |
| CY2013Q2 | hst |
Operating Partnership Units Conversion Rate
OperatingPartnershipUnitsConversionRate
|
1.021494 | |
| CY2013Q2 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1000000 | |
| us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1000000 | ||
| CY2013Q2 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
2000000 | |
| us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
2000000 | ||
| CY2013Q2 | us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
1000000 | |
| us-gaap |
Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
1000000 | ||
| CY2013Q2 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
15000000 | |
| CY2012Q2 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
44000000 | |
| us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
31000000 | ||
| CY2013Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
2000000 | |
| CY2012Q2 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
3000000 | |
| us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
|
13000000 | ||
| us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
19000000 | ||
| us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
48000000 | ||
| CY2012 | hst |
Number Of Hotels Sold
NumberOfHotelsSold
|
3 | |
| CY2013Q2 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
6 | |
| CY2013Q2 | us-gaap |
Revenues
Revenues
|
1420000000 | |
| CY2012Q2 | us-gaap |
Revenues
Revenues
|
1326000000 | |
| us-gaap |
Revenues
Revenues
|
2663000000 | ||
| us-gaap |
Revenues
Revenues
|
2270000000 | ||
| us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | ||
| CY2013Q2 | hst |
Number Of Partnerships Consolidated
NumberOfPartnershipsConsolidated
|
5 | |
| CY2013Q2 | us-gaap |
Minority Interest
MinorityInterest
|
35000000 | |
| CY2012Q4 | us-gaap |
Minority Interest
MinorityInterest
|
34000000 | |
| CY2013Q2 | hst |
Number Of Partnerships Consolidated With Finite Lives
NumberOfPartnershipsConsolidatedWithFiniteLives
|
3 | |
| CY2013Q2 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
69000000 | |
| CY2012Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
65000000 | |
| CY2013Q2 | hst |
Amounts Attributable To Noncontrolling Interest Of Outside Partnerships
AmountsAttributableToNoncontrollingInterestOfOutsidePartnerships
|
1000000 | |
| CY2012Q2 | hst |
Amounts Attributable To Noncontrolling Interest Of Outside Partnerships
AmountsAttributableToNoncontrollingInterestOfOutsidePartnerships
|
0 | |
| hst |
Amounts Attributable To Noncontrolling Interest Of Outside Partnerships
AmountsAttributableToNoncontrollingInterestOfOutsidePartnerships
|
4000000 | ||
| hst |
Amounts Attributable To Noncontrolling Interest Of Outside Partnerships
AmountsAttributableToNoncontrollingInterestOfOutsidePartnerships
|
2000000 | ||
| CY2013Q2 | hst |
Amounts Attributable To Outside Partners
AmountsAttributableToOutsidePartners
|
1000000 | |
| CY2012Q2 | hst |
Amounts Attributable To Outside Partners
AmountsAttributableToOutsidePartners
|
1000000 | |
| hst |
Amounts Attributable To Outside Partners
AmountsAttributableToOutsidePartners
|
2000000 | ||
| hst |
Amounts Attributable To Outside Partners
AmountsAttributableToOutsidePartners
|
1000000 |
