2016 Q1 Form 10-Q Financial Statement
#000156459016017145 Filed on April 29, 2016
Income Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
Revenue | $1.339B | $1.302B |
YoY Change | 2.84% | -0.53% |
Cost Of Revenue | ||
YoY Change | ||
Gross Profit | ||
YoY Change | ||
Gross Profit Margin | ||
Selling, General & Admin | $1.010B | $996.0M |
YoY Change | 1.41% | -0.99% |
% of Gross Profit | ||
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $181.0M | $173.0M |
YoY Change | 4.62% | 0.58% |
% of Gross Profit | ||
Operating Expenses | $1.191B | $1.169B |
YoY Change | 1.88% | -0.76% |
Operating Profit | $151.0M | $133.0M |
YoY Change | 13.53% | -0.75% |
Interest Expense | $39.00M | $49.00M |
YoY Change | -20.41% | -15.52% |
% of Operating Profit | 25.83% | 36.84% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $175.0M | $90.00M |
YoY Change | 94.44% | -50.28% |
Income Tax | -$9.000M | -$9.000M |
% Of Pretax Income | -5.14% | -10.0% |
Net Earnings | $182.0M | $98.00M |
YoY Change | 85.71% | -45.25% |
Net Earnings / Revenue | 13.59% | 7.53% |
Basic Earnings Per Share | $0.24 | $0.13 |
Diluted Earnings Per Share | $0.24 | $0.13 |
COMMON SHARES | ||
Basic Shares Outstanding | 749.6M | 756.0M |
Diluted Shares Outstanding | 749.7M | 756.3M |
Balance Sheet
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $234.0M | $485.0M |
YoY Change | -51.75% | 23.72% |
Cash & Equivalents | $234.0M | $460.0M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $369.0M | $634.0M |
YoY Change | -41.8% | 26.04% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $10.55B | $10.50B |
YoY Change | 0.53% | -2.98% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $313.0M | $387.0M |
YoY Change | -19.12% | -6.07% |
Other Assets | $45.00M | $33.00M |
YoY Change | 36.36% | -54.17% |
Total Long-Term Assets | $11.32B | $11.38B |
YoY Change | -0.48% | -2.82% |
TOTAL ASSETS | ||
Total Short-Term Assets | $369.0M | $634.0M |
Total Long-Term Assets | $11.32B | $11.38B |
Total Assets | $11.69B | $12.01B |
YoY Change | -2.66% | -1.63% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $215.0M | $224.0M |
YoY Change | -4.02% | 21.08% |
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 | $215.0M | $224.0M |
YoY Change | -4.02% | 21.08% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $3.961B | $3.968B |
YoY Change | -0.18% | -3.05% |
Other Long-Term Liabilities | $297.0M | $304.0M |
YoY Change | -2.3% | -21.24% |
Total Long-Term Liabilities | $4.258B | $4.272B |
YoY Change | -0.33% | -4.62% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $215.0M | $224.0M |
Total Long-Term Liabilities | $4.258B | $4.272B |
Total Liabilities | $4.670B | $4.496B |
YoY Change | 3.87% | -8.21% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$1.151B | |
YoY Change | ||
Common Stock | $8.527B | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $7.020B | $7.289B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $11.69B | $12.01B |
YoY Change | -2.66% | -1.63% |
Cashflow Statement
Concept | 2016 Q1 | 2015 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $182.0M | $98.00M |
YoY Change | 85.71% | -45.25% |
Depreciation, Depletion And Amortization | $181.0M | $173.0M |
YoY Change | 4.62% | 0.58% |
Cash From Operating Activities | $219.0M | $164.0M |
YoY Change | 33.54% | -4.09% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$168.0M | -$170.0M |
YoY Change | -1.18% | 88.89% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $121.0M | $5.000M |
YoY Change | 2320.0% | -97.77% |
Cash From Investing Activities | -$47.00M | -$165.0M |
YoY Change | -71.52% | -223.13% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $81.00M | $1.000M |
YoY Change | 8000.0% | 0.0% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -152.0M | -198.0M |
YoY Change | -23.23% | -74.45% |
NET CHANGE | ||
Cash From Operating Activities | 219.0M | 164.0M |
Cash From Investing Activities | -47.00M | -165.0M |
Cash From Financing Activities | -152.0M | -198.0M |
Net Change In Cash | 219.0M | 164.0M |
YoY Change | 33.54% | -134.89% |
FREE CASH FLOW | ||
Cash From Operating Activities | $219.0M | $164.0M |
Capital Expenditures | -$168.0M | -$170.0M |
Free Cash Flow | $387.0M | $334.0M |
YoY Change | 15.87% | 27.97% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2016Q1 | us-gaap |
Profit Loss
ProfitLoss
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CY2015Q1 | us-gaap |
Profit Loss
ProfitLoss
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CY2016Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2015Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2015Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
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CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
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CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
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CY2015Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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Gain Loss On Foreign Currency And Derivative Contracts
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CY2016Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
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Increase Decrease In Other Operating Assets
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CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Assets
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CY2016Q1 | us-gaap |
Payments To Acquire Productive Assets
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CY2015Q1 | us-gaap |
Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
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CY2015Q1 | us-gaap |
Payments To Acquire Productive Assets
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CY2016Q1 | us-gaap |
Payments For Capital Improvements
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
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-4000000 | |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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13000000 | |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
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197000000 | |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
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CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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2000000 | |
CY2016Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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195000000 | |
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Amortization Of Financing Costs And Discounts
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2000000 | |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
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CY2016Q1 | us-gaap |
Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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Insured Event Gain Loss
InsuredEventGainLoss
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Increase Decrease In Due From Managers
IncreaseDecreaseInDueFromManagers
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CY2016Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
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CY2015Q1 | us-gaap |
Payments For Capital Improvements
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Increase Decrease In Furniture Fixtures And Equipment Reserves
IncreaseDecreaseInFurnitureFixturesAndEquipmentReserves
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12000000 | |
CY2015Q1 | hst |
Increase Decrease In Furniture Fixtures And Equipment Reserves
IncreaseDecreaseInFurnitureFixturesAndEquipmentReserves
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Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
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Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
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Repayments Of Secured Debt
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Payments For Repurchase Of Common Stock
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Payments Of Dividends Common Stock
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Proceeds From Payments For Other Financing Activities
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Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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Other Direct Costs Of Hotels
OtherDirectCostsOfHotels
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Food And Beverage Cost Of Sales
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Occupancy Costs
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Revenues
Revenues
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Income Loss From Equity Method Investments
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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Net Income Loss
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Earnings Per Share Diluted
EarningsPerShareDiluted
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Earnings Per Share Basic
EarningsPerShareBasic
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Net Income Loss
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Income Tax Expense Benefit
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CY2016Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
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Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2015Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
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0.13 | |
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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Owned Property Management Costs
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Cost Of Other Property Operating Expense
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Interest Expense
InterestExpense
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Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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Gain Loss On Foreign Currency And Derivative Contracts
GainLossOnForeignCurrencyAndDerivativeContracts
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CY2015Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
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CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-47000000 | |
CY2015Q1 | us-gaap |
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Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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Comprehensive Income Net Of Tax
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Amortization Of Financing Costs And Discounts
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CY2015Q1 | us-gaap |
Deferred Income Tax Expense Benefit
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General And Administrative Expense
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Increase Decrease In Due From Managers
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Increase Decrease In Other Operating Liabilities
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CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Liabilities
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CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
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CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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Proceeds From Sale Of Productive Assets
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CY2015Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
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CY2016Q1 | us-gaap |
Gain On Business Interruption Insurance Recovery
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CY2015Q1 | us-gaap |
Costs And Expenses
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Interest And Other Income
InterestAndOtherIncome
|
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CY2015Q1 | us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
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CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
5000000 | |
CY2016Q1 | us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
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CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
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|
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CY2015Q1 | us-gaap |
Proceeds From Payments For Other Financing Activities
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|
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CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
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|
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CY2016Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2016Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
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CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
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CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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CY2016Q1 | hst |
Debt Instruments Periodic Payment Interest
DebtInstrumentsPeriodicPaymentInterest
|
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CY2015Q1 | hst |
Debt Instruments Periodic Payment Interest
DebtInstrumentsPeriodicPaymentInterest
|
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CY2016Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
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CY2016Q1 | us-gaap |
Number Of Real Estate Properties
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|
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CY2016Q1 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
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|
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CY2016Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2015Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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756000000 | |
CY2015Q1 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
300000 | |
CY2015Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
756300000 | |
CY2016Q1 | us-gaap |
Land And Land Improvements
LandAndLandImprovements
|
2047000000 | |
CY2016Q1 | us-gaap |
Buildings And Improvements Gross
BuildingsAndImprovementsGross
|
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CY2016Q1 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
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CY2016Q1 | us-gaap |
Construction In Progress Gross
ConstructionInProgressGross
|
222000000 | |
CY2016Q1 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
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CY2016Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7643000000 | |
CY2016Q1 | hst |
Number Of Hotels Sold
NumberOfHotelsSold
|
3 | |
CY2015 | hst |
Number Of Hotels Sold
NumberOfHotelsSold
|
8 | |
CY2016Q1 | hst |
Disposal Group Not Discontinued Operation Revenue
DisposalGroupNotDiscontinuedOperationRevenue
|
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CY2015Q1 | hst |
Disposal Group Not Discontinued Operation Revenue
DisposalGroupNotDiscontinuedOperationRevenue
|
35000000 | |
CY2016Q1 | hst |
Disposal Group Not Discontinued Operation Income Loss Before Income Tax
DisposalGroupNotDiscontinuedOperationIncomeLossBeforeIncomeTax
|
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CY2015Q1 | hst |
Disposal Group Not Discontinued Operation Income Loss Before Income Tax
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CY2016Q1 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
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58000000 | |
CY2015Q1 | us-gaap |
Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
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3000000 | |
CY2016Q1 | us-gaap |
Number Of Foreign Currency Derivatives Held
NumberOfForeignCurrencyDerivativesHeld
|
5 | |
CY2016Q1 | us-gaap |
Notes Payable
NotesPayable
|
2377000000 | |
CY2015Q4 | us-gaap |
Notes Payable
NotesPayable
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2376000000 | |
CY2016Q1 | hst |
Mortgage Debt And Other Excluding Capital Leases
MortgageDebtAndOtherExcludingCapitalLeases
|
182000000 | |
CY2015Q4 | hst |
Mortgage Debt And Other Excluding Capital Leases
MortgageDebtAndOtherExcludingCapitalLeases
|
199000000 | |
CY2016Q1 | us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | |
CY2016Q1 | hst |
Number Of Partnerships Consolidated
NumberOfPartnershipsConsolidated
|
4 | |
CY2016Q1 | hst |
Number Of Partnerships Consolidated With Finite Lives
NumberOfPartnershipsConsolidatedWithFiniteLives
|
1 | |
CY2016Q1 | hst |
Finite Lived Partnership Termination Date
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|
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Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
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2000000 | |
CY2015Q1 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
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1000000 | |
CY2016Q1 | us-gaap |
Loss Contingency Accrual At Carrying Value
LossContingencyAccrualAtCarryingValue
|
3000000 | |
CY2016Q1 | us-gaap |
Loss Contingency Range Of Possible Loss Maximum
LossContingencyRangeOfPossibleLossMaximum
|
10000000 |