2013 Q4 Form 10-Q Financial Statement
#000156459013001000 Filed on November 06, 2013
Income Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
Revenue | $1.295B | $1.211B | $1.158B |
YoY Change | -21.23% | 4.58% | 2.39% |
Cost Of Revenue | |||
YoY Change | |||
Gross Profit | |||
YoY Change | |||
Gross Profit Margin | |||
Selling, General & Admin | $986.0M | $957.0M | $942.0M |
YoY Change | -22.85% | 1.59% | 3.18% |
% of Gross Profit | |||
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $177.0M | $171.0M | $153.0M |
YoY Change | -33.96% | 11.76% | 5.52% |
% of Gross Profit | |||
Operating Expenses | $1.159B | $1.132B | $1.097B |
YoY Change | -25.03% | 3.19% | 3.69% |
Operating Profit | |||
YoY Change | |||
Interest Expense | -$78.00M | -$66.00M | -$91.00M |
YoY Change | -14.29% | -27.47% | 1.11% |
% of Operating Profit | |||
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $58.00M | $13.00M | -$29.00M |
YoY Change | 107.14% | -144.83% | -12.12% |
Income Tax | $2.000M | $11.00M | $11.00M |
% Of Pretax Income | 3.45% | 84.62% | |
Net Earnings | $123.0M | $19.00M | -$34.00M |
YoY Change | 720.0% | -155.88% | 0.0% |
Net Earnings / Revenue | 9.5% | 1.57% | -2.94% |
Basic Earnings Per Share | $0.03 | ||
Diluted Earnings Per Share | $162.5K | $0.03 | -$47.14K |
COMMON SHARES | |||
Basic Shares Outstanding | 756.3M | 749.0M | 722.6M shares |
Diluted Shares Outstanding | 749.7M |
Balance Sheet
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $861.0M | $354.0M | $254.0M |
YoY Change | 106.47% | 39.37% | -51.53% |
Cash & Equivalents | $839.0M | $354.0M | $254.0M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $913.0M | $439.0M | $352.0M |
YoY Change | 83.7% | 24.72% | -36.92% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $11.00B | $11.11B | $11.73B |
YoY Change | -5.12% | -5.29% | 2.51% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $415.0M | $425.0M | $227.0M |
YoY Change | 19.6% | 87.22% | 32.75% |
Other Assets | $74.00M | $121.0M | $92.00M |
YoY Change | -16.85% | 31.52% | 15.0% |
Total Long-Term Assets | $11.90B | $12.12B | $12.69B |
YoY Change | -4.77% | -4.46% | 3.62% |
TOTAL ASSETS | |||
Total Short-Term Assets | $913.0M | $439.0M | $352.0M |
Total Long-Term Assets | $11.90B | $12.12B | $12.69B |
Total Assets | $12.81B | $12.56B | $13.04B |
YoY Change | -1.39% | -3.67% | 1.85% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $214.0M | $193.0M | $105.0M |
YoY Change | 10.31% | 83.81% | -39.31% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $214.0M | $193.0M | $105.0M |
YoY Change | 10.31% | 83.81% | -39.31% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.759B | $4.560B | $5.495B |
YoY Change | -12.05% | -17.02% | 0.13% |
Other Long-Term Liabilities | $389.0M | $373.0M | $341.0M |
YoY Change | 4.57% | 9.38% | 51.56% |
Total Long-Term Liabilities | $5.148B | $4.933B | $5.836B |
YoY Change | -10.98% | -15.47% | 2.15% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $214.0M | $193.0M | $105.0M |
Total Long-Term Liabilities | $5.148B | $4.933B | $5.836B |
Total Liabilities | $5.362B | $5.337B | $6.144B |
YoY Change | -10.29% | -13.13% | 1.74% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$1.263B | ||
YoY Change | 2.35% | ||
Common Stock | $8.500B | ||
YoY Change | 5.63% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $7.228B | $7.226B | $6.898B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $12.81B | $12.56B | $13.04B |
YoY Change | -1.39% | -3.67% | 1.85% |
Cashflow Statement
Concept | 2013 Q4 | 2013 Q3 | 2012 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $123.0M | $19.00M | -$34.00M |
YoY Change | 720.0% | -155.88% | 0.0% |
Depreciation, Depletion And Amortization | $177.0M | $171.0M | $153.0M |
YoY Change | -33.96% | 11.76% | 5.52% |
Cash From Operating Activities | $322.0M | $237.0M | $124.0M |
YoY Change | -9.3% | 91.13% | -3.13% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$101.0M | -$111.0M | -$115.0M |
YoY Change | -46.28% | -3.48% | 21.05% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $178.0M | -$16.00M | -$438.0M |
YoY Change | 43.55% | -96.35% | -1118.6% |
Cash From Investing Activities | $77.00M | -$127.0M | -$553.0M |
YoY Change | -220.31% | -77.03% | 963.46% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 113.0M | -152.0M | 219.0M |
YoY Change | -186.92% | -169.41% | -217.74% |
NET CHANGE | |||
Cash From Operating Activities | 322.0M | 237.0M | 124.0M |
Cash From Investing Activities | 77.00M | -127.0M | -553.0M |
Cash From Financing Activities | 113.0M | -152.0M | 219.0M |
Net Change In Cash | 512.0M | -42.00M | -210.0M |
YoY Change | 218.01% | -80.0% | 90.91% |
FREE CASH FLOW | |||
Cash From Operating Activities | $322.0M | $237.0M | $124.0M |
Capital Expenditures | -$101.0M | -$111.0M | -$115.0M |
Free Cash Flow | $423.0M | $348.0M | $239.0M |
YoY Change | -22.1% | 45.61% | 7.17% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
CY2013Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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756282849 | |
CY2013Q3 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
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14000000 | |
us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
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32000000 | ||
us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
48000000 | ||
CY2012 | hst |
Number Of Hotels Sold
NumberOfHotelsSold
|
3 | |
hst |
Number Of Hotels Held For Sale
NumberOfHotelsHeldForSale
|
1 | ||
CY2013Q3 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
5 | |
CY2013Q3 | us-gaap |
Revenues
Revenues
|
1223000000 | |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
1158000000 | |
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Number Of Real Estate Properties
NumberOfRealEstateProperties
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118 | |
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Land
Land
|
1948000000 | |
CY2012Q4 | us-gaap |
Land
Land
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1996000000 | |
CY2013Q3 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
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Buildings And Improvements Gross
BuildingsAndImprovementsGross
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Fixtures And Equipment Gross
FixturesAndEquipmentGross
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2233000000 | |
CY2012Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
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CY2013Q3 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
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178000000 | |
CY2012Q4 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
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Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
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CY2012Q4 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
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Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6727000000 | |
CY2012Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6499000000 | |
CY2013Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11110000000 | |
CY2012Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
11588000000 | |
CY2013Q3 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
15000000 | |
CY2013Q3 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
21000000 | |
CY2013Q3 | us-gaap |
Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
|
771000000 | |
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
|
3881000000 | ||
us-gaap |
Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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3425000000 | ||
us-gaap |
Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
|
157000000 | ||
us-gaap |
Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
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-16000000 | ||
us-gaap |
Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
|
202000000 | ||
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Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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47000000 | ||
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
1000000 | ||
CY2013Q3 | us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
|
7000000 | |
us-gaap |
Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
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Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
|
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us-gaap |
Revenues
Revenues
|
3871000000 | ||
us-gaap |
Revenues
Revenues
|
3415000000 | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | ||
CY2013Q3 | hst |
Number Of Partnerships Consolidated
NumberOfPartnershipsConsolidated
|
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Minority Interest
MinorityInterest
|
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CY2012Q4 | us-gaap |
Minority Interest
MinorityInterest
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Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
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Disposal Group Including Discontinued Operation Revenue
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Disposal Group Including Discontinued Operation Revenue
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us-gaap |
Disposal Group Including Discontinued Operation Revenue
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|
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CY2013Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
|
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CY2012Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
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us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
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CY2013Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
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CY2013Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation Before Income Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationBeforeIncomeTax
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CY2013Q3 | hst |
Number Of Partnerships Consolidated With Finite Lives
NumberOfPartnershipsConsolidatedWithFiniteLives
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3 | |
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Redeemable Noncontrolling Interest Equity Fair Value
RedeemableNoncontrollingInterestEquityFairValue
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65000000 | |
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Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
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CY2012Q3 | us-gaap |
Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossAttributableToNonredeemableNoncontrollingInterest
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-1000000 | |
us-gaap |
Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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Net Income Loss Attributable To Nonredeemable Noncontrolling Interest
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Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
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Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
3000000 | ||
CY2012Q3 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
-1000000 | |
us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
|
1000000 |