$PK
Park Hotels & Resorts Inc.

2020 Q2 Form 10-Q Financial Statement

#000156459020037772 Filed on August 06, 2020

View on sec.gov

Income Statement

Concept 2020 Q2 2019 Q2 2019 Q1
Revenue $42.00M $703.0M $659.0M
YoY Change -94.03% -3.83% 3776.47%
Cost Of Revenue $34.00M $243.0M $231.0M
YoY Change -86.01% 0.0% -2.94%
Gross Profit $8.000M $460.0M $428.0M
YoY Change -98.26% -5.74% -0.47%
Gross Profit Margin 19.05% 65.43% 64.95%
Selling, General & Admin $130.0M $258.0M $248.0M
YoY Change -49.61% -0.39% -3.88%
% of Gross Profit 1625.0% 56.09% 57.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $75.00M $61.00M $62.00M
YoY Change 22.95% -11.59% -11.43%
% of Gross Profit 937.5% 13.26% 14.49%
Operating Expenses $209.0M $337.0M $330.0M
YoY Change -37.98% -2.6% -4.35%
Operating Profit -$200.0M $111.0M $129.0M
YoY Change -280.18% -25.5% -25.86%
Interest Expense $50.00M $33.00M $32.00M
YoY Change 51.52% 6.45% 3.23%
% of Operating Profit 29.73% 24.81%
Other Income/Expense, Net $4.000M $18.00M $20.00M
YoY Change -77.78% 0.0% 17.65%
Pretax Income -$258.0M $89.00M $104.0M
YoY Change -389.89% -61.47% -30.2%
Income Tax $3.000M $5.000M $7.000M
% Of Pretax Income 5.62% 6.73%
Net Earnings -$259.0M $82.00M $96.00M
YoY Change -415.85% -62.04% -36.0%
Net Earnings / Revenue -616.67% 11.66% 14.57%
Basic Earnings Per Share -$1.10 $0.40 $0.48
Diluted Earnings Per Share -$1.10 $0.40 $0.48
COMMON SHARES
Basic Shares Outstanding 235.0M 201.0M 201.0M
Diluted Shares Outstanding 235.0M 202.0M 202.0M

Balance Sheet

Concept 2020 Q2 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.274B $310.0M $276.0M
YoY Change 310.97% -26.37% 60.47%
Cash & Equivalents $1.309B $310.0M $276.0M
Short-Term Investments
Other Short-Term Assets $43.00M $88.00M $76.00M
YoY Change -51.14% 91.3% 40.74%
Inventory
Prepaid Expenses
Receivables $31.00M $186.0M $172.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.348B $584.0M $524.0M
YoY Change 130.82% -9.74% 43.96%
LONG-TERM ASSETS
Property, Plant & Equipment $9.323B $7.764B $7.944B
YoY Change 20.08% -2.94% -1.33%
Goodwill $607.0M $607.0M
YoY Change
Intangibles $2.000M $2.000M
YoY Change
Long-Term Investments $23.00M $52.00M $49.00M
YoY Change -55.77% -7.14% -43.68%
Other Assets $35.00M $170.0M $14.00M
YoY Change -79.41% 900.0% -87.04%
Total Long-Term Assets $9.711B $8.847B $8.870B
YoY Change 9.77% 0.49% -1.14%
TOTAL ASSETS
Total Short-Term Assets $1.348B $584.0M $524.0M
Total Long-Term Assets $9.711B $8.847B $8.870B
Total Assets $11.06B $9.431B $9.394B
YoY Change 17.26% -0.21% 0.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.0M $208.0M $162.0M
YoY Change -37.98% 14.92% -5.81%
Accrued Expenses $253.0M $200.0M $204.0M
YoY Change 26.5%
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 $456.0M $660.0M $611.0M
YoY Change -30.91% 54.93% 46.17%
LONG-TERM LIABILITIES
Long-Term Debt $5.118B $2.949B $2.949B
YoY Change 73.55% 0.07% 0.1%
Other Long-Term Liabilities $123.0M $204.0M $213.0M
YoY Change -39.71% -28.42% 0.95%
Total Long-Term Liabilities $5.241B $3.153B $3.162B
YoY Change 66.22% -2.44% 0.16%
TOTAL LIABILITIES
Total Short-Term Liabilities $456.0M $660.0M $611.0M
Total Long-Term Liabilities $5.241B $3.153B $3.162B
Total Liabilities $5.684B $3.855B $3.814B
YoY Change 47.44% 5.76% 6.8%
SHAREHOLDERS EQUITY
Retained Earnings $2.034B $2.044B
YoY Change -6.79%
Common Stock $3.593B $2.000M
YoY Change -99.94%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.375B $5.622B $5.628B
YoY Change
Total Liabilities & Shareholders Equity $11.06B $9.431B $9.394B
YoY Change 17.26% -0.21% 0.62%

Cashflow Statement

Concept 2020 Q2 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income -$259.0M $82.00M $96.00M
YoY Change -415.85% -62.04% -36.0%
Depreciation, Depletion And Amortization $75.00M $61.00M $62.00M
YoY Change 22.95% -11.59% -11.43%
Cash From Operating Activities -$145.0M $172.0M $72.00M
YoY Change -184.3% 63.81% 67.44%
INVESTING ACTIVITIES
Capital Expenditures -$30.00M -$56.00M $64.00M
YoY Change -46.43% 69.7% 20.75%
Acquisitions
YoY Change
Other Investing Activities $0.00 $165.0M $66.00M
YoY Change -100.0% -5.71% -82.54%
Cash From Investing Activities -$30.00M $109.0M $2.000M
YoY Change -127.52% -23.24% -99.38%
FINANCING ACTIVITIES
Cash Dividend Paid $201.0M
YoY Change 68.91%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 142.0M -91.00M -209.0M
YoY Change -256.04% 4.6% -55.34%
NET CHANGE
Cash From Operating Activities -145.0M 172.0M 72.00M
Cash From Investing Activities -30.00M 109.0M 2.000M
Cash From Financing Activities 142.0M -91.00M -209.0M
Net Change In Cash -33.00M 190.0M -135.0M
YoY Change -117.37% 18.75% 36.36%
FREE CASH FLOW
Cash From Operating Activities -$145.0M $172.0M $72.00M
Capital Expenditures -$30.00M -$56.00M $64.00M
Free Cash Flow -$115.0M $228.0M $8.000M
YoY Change -150.44% 65.22% -180.0%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
0.012
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
0.230
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
0.015
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P1Y
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
0.220
pk Impairment Loss And Casualty Gain Net
ImpairmentLossAndCasualtyGainNet
694000000
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
75000000
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
61000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
150000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
123000000
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14000000
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
39000000
CY2020Q2 us-gaap Other Expenses
OtherExpenses
4000000
CY2019Q2 us-gaap Other Expenses
OtherExpenses
18000000
us-gaap Other Expenses
OtherExpenses
25000000
us-gaap Other Expenses
OtherExpenses
38000000
CY2020Q2 us-gaap Costs And Expenses
CostsAndExpenses
243000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15000000
CY2019Q2 us-gaap Costs And Expenses
CostsAndExpenses
580000000
us-gaap Costs And Expenses
CostsAndExpenses
1541000000
us-gaap Costs And Expenses
CostsAndExpenses
1141000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
63000000
CY2020Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1000000
CY2019Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-12000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
19000000
CY2020Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-200000000
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
111000000
us-gaap Operating Income Loss
OperatingIncomeLoss
-837000000
us-gaap Operating Income Loss
OperatingIncomeLoss
240000000
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000
CY2020Q2 us-gaap Interest Expense
InterestExpense
50000000
CY2019Q2 us-gaap Interest Expense
InterestExpense
33000000
us-gaap Interest Expense
InterestExpense
90000000
us-gaap Interest Expense
InterestExpense
65000000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-8000000
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9000000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000
CY2020Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-258000000
CY2019Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
89000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-937000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
193000000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-261000000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
84000000
us-gaap Profit Loss
ProfitLoss
-950000000
us-gaap Profit Loss
ProfitLoss
181000000
CY2020Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2000000
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3000000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3000000
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-259000000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
82000000
us-gaap Net Income Loss
NetIncomeLoss
-947000000
us-gaap Net Income Loss
NetIncomeLoss
178000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
us-gaap Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax
OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentTax
0
CY2020Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-3000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
1000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3000000
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
182000000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-2000000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-3000000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-262000000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
85000000
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-953000000
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
3000000
CY2020Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-260000000
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
83000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-950000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
179000000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.10
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.10
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
235000000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201000000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235000000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
202000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
202000000
us-gaap Profit Loss
ProfitLoss
-950000000
us-gaap Profit Loss
ProfitLoss
181000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
150000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
123000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
63000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
19000000
pk Impairment Loss And Casualty Gain Net Operating Activities
ImpairmentLossAndCasualtyGainNetOperatingActivities
694000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3000000
us-gaap Share Based Compensation
ShareBasedCompensation
6000000
us-gaap Share Based Compensation
ShareBasedCompensation
8000000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
3000000
us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
2000000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
5000000
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
13000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
17000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
49000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-158000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
244000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
56000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
120000000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
207000000
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
229000000
pk Contributions To Equity Method Investment
ContributionsToEquityMethodInvestment
2000000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1000000
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5326000000
us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
2000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
150000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
111000000
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
1000000000
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
319000000
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
15000000
us-gaap Payments Of Dividends
PaymentsOfDividends
241000000
us-gaap Payments Of Dividends
PaymentsOfDividends
291000000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
66000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
931000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-300000000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1000000
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
3000000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
6000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
923000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
55000000
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
386000000
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
425000000
CY2020Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
1309000000
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
480000000
CY2019Q2 us-gaap Dividends Payable Current
DividendsPayableCurrent
90000000
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
6451000000
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-4000000
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-689000000
CY2020Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2000000
CY2020Q1 us-gaap Dividends
Dividends
106000000
CY2020Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1000000
CY2020Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
66000000
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5583000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-261000000
CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1000000
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5586000000
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
-1000000
CY2019Q1 us-gaap Profit Loss
ProfitLoss
97000000
CY2019Q1 us-gaap Dividends
Dividends
91000000
CY2019Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3000000
CY2019Q1 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Operating Results
NewAccountingPronouncementOrChangeInAccountingPrincipleEffectOfChangeOnOperatingResults
-8000000
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5580000000
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
3000000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
84000000
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000
CY2019Q2 us-gaap Dividends
Dividends
92000000
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
5576000000
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.45
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
235000000
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
208000000
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
64000000
us-gaap Use Of Estimates
UseOfEstimates
<p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Use of Estimates</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.  Interim results are not necessarily indicative of full year performance. </p>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="margin-top:8pt;margin-bottom:0pt;text-indent:0%;font-weight:bold;font-style:italic;font-size:10pt;font-family:Times New Roman;text-transform:none;font-variant: normal;">Reclassifications</p> <p style="margin-top:6pt;margin-bottom:0pt;text-indent:5.24%;font-size:10pt;font-family:Times New Roman;font-weight:normal;font-style:normal;text-transform:none;font-variant: normal;">Certain line items on the condensed consolidated statements of comprehensive (loss) income for the three and six months ended June 30, 2019 have been reclassified to conform to the current period presentation.</p>
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
19000000
CY2020Q2 us-gaap Land
Land
3429000000
CY2019Q4 us-gaap Land
Land
3512000000
CY2020Q2 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
6944000000
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
6978000000
CY2020Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
1092000000
CY2019Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
1059000000
CY2020Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
48000000
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
134000000
CY2020Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11513000000
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
11683000000
CY2020Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2190000000
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2089000000
CY2020Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9323000000
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
9594000000
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
62000000
CY2020Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
75000000
CY2019Q2 us-gaap Depreciation Nonproduction
DepreciationNonproduction
60000000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
149000000
us-gaap Depreciation Nonproduction
DepreciationNonproduction
122000000
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
88000000
CY2020Q2 pk Number Of Consolidated Variable Interest Entities
NumberOfConsolidatedVariableInterestEntities
3
CY2020Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
23000000
CY2019Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
35000000
CY2020Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
607000000
CY2019Q4 us-gaap Goodwill Gross
GoodwillGross
2709000000
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
2102000000
CY2019Q4 us-gaap Goodwill
Goodwill
607000000
pk Goodwill Impaired Accumulated Impairment Loss During Period
GoodwillImpairedAccumulatedImpairmentLossDuringPeriod
607000000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
607000000
CY2020Q2 us-gaap Capital Lease Obligations
CapitalLeaseObligations
1000000
CY2019Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
1000000
CY2020Q2 pk Longterm Debt And Financing Lease Obligations Gross
LongtermDebtAndFinancingLeaseObligationsGross
5144000000
CY2019Q4 pk Longterm Debt And Financing Lease Obligations Gross
LongtermDebtAndFinancingLeaseObligationsGross
3886000000
CY2020Q2 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
4000000
CY2019Q4 us-gaap Debt Instrument Unamortized Premium
DebtInstrumentUnamortizedPremium
3000000
CY2020Q2 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
30000000
CY2019Q4 us-gaap Debt Instrument Unamortized Discount
DebtInstrumentUnamortizedDiscount
18000000
CY2020Q2 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
5118000000
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
3871000000
pk Debt Instrument Description Of Libor Floor
DebtInstrumentDescriptionOfLIBORFloor
LIBOR floor of 25 basis points
CY2020Q2 pk Debt Instrument Libor Floor
DebtInstrumentLIBORFloor
0.25
CY2020Q2 us-gaap Derivative Fixed Interest Rate
DerivativeFixedInterestRate
0.0186
us-gaap Derivative Maturity Dates
DerivativeMaturityDates
2022-04-21
CY2020Q2 us-gaap Derivative Notional Amount
DerivativeNotionalAmount
225000000
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
16000000
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
1321000000
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
97000000
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
827000000
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
676000000
CY2020Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2207000000
CY2020Q2 us-gaap Long Term Debt
LongTermDebt
5144000000
pk Percentage Of Adjusted Taxable Income
PercentageOfAdjustedTaxableIncome
0.30
pk Percentage Of Adjusted Taxable Income
PercentageOfAdjustedTaxableIncome
0.50
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000000
pk Income Tax Expense Benefit Built In Gains Losses
IncomeTaxExpenseBenefitBuiltInGainsLosses
12000000
pk Income Tax Benefit Partially Offset By Trs
IncomeTaxBenefitPartiallyOffsetByTRS
16000000
pk Refunds Related To Carryback Of Net Operating Loss Cares Act
RefundsRelatedToCarrybackOfNetOperatingLossCARESAct
23000000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12000000
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
61000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
150000000
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Weighted Average Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsWeightedAverageVolatilityRate
0.225
CY2020Q2 us-gaap Net Income Loss
NetIncomeLoss
-259000000
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
82000000
us-gaap Net Income Loss
NetIncomeLoss
-947000000
us-gaap Net Income Loss
NetIncomeLoss
178000000
CY2019Q2 pk Participating Securities Distributed And Undistributed Earnings Loss Basic And Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted
1000000
pk Participating Securities Distributed And Undistributed Earnings Loss Basic And Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasicAndDiluted
1000000
CY2020Q2 pk Net Income Attributable To Stockholders Net Of Earnings Allocated To Participating Securities
NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities
-259000000
CY2019Q2 pk Net Income Attributable To Stockholders Net Of Earnings Allocated To Participating Securities
NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities
81000000
pk Net Income Attributable To Stockholders Net Of Earnings Allocated To Participating Securities
NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities
-947000000
pk Net Income Attributable To Stockholders Net Of Earnings Allocated To Participating Securities
NetIncomeAttributableToStockholdersNetOfEarningsAllocatedToParticipatingSecurities
177000000
CY2020Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
235000000
CY2019Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
236000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
201000000
CY2019Q2 us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
1000000
us-gaap Incremental Common Shares Attributable To Nonvested Shares With Forfeitable Dividends
IncrementalCommonSharesAttributableToNonvestedSharesWithForfeitableDividends
1000000
CY2020Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
235000000
CY2019Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
202000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
236000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
202000000
CY2020Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.10
CY2019Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-4.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.88
CY2020Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.10
CY2019Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-4.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.88
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2
CY2020Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
42000000
CY2019Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
703000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
641000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1362000000
CY2020Q2 pk Adjusted Ebitda
AdjustedEbitda
-108000000
CY2019Q2 pk Adjusted Ebitda
AdjustedEbitda
209000000
pk Adjusted Ebitda
AdjustedEbitda
-17000000
pk Adjusted Ebitda
AdjustedEbitda
390000000
CY2020Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
75000000
us-gaap Depreciation And Amortization
DepreciationAndAmortization
123000000
CY2020Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14000000
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30000000
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
39000000
pk Impairment Loss And Casualty Gain Net
ImpairmentLossAndCasualtyGainNet
694000000
CY2020Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
4000000
CY2019Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
18000000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
25000000
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
38000000
CY2020Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1000000
CY2019Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-12000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
63000000
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
19000000
CY2020Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
1000000
CY2019Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
2000000
us-gaap Investment Income Interest
InvestmentIncomeInterest
3000000
CY2020Q2 us-gaap Interest Expense
InterestExpense
50000000
CY2019Q2 us-gaap Interest Expense
InterestExpense
33000000
us-gaap Interest Expense
InterestExpense
90000000
us-gaap Interest Expense
InterestExpense
65000000
CY2020Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-8000000
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-9000000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15000000
CY2020Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3000000
CY2019Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
5000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
12000000
CY2020Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000
CY2019Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000
pk Other Items
OtherItems
6000000
pk Other Items
OtherItems
6000000
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-261000000
CY2019Q2 us-gaap Profit Loss
ProfitLoss
84000000
us-gaap Profit Loss
ProfitLoss
-950000000
us-gaap Profit Loss
ProfitLoss
181000000
CY2020Q2 us-gaap Assets
Assets
11059000000
CY2019Q4 us-gaap Assets
Assets
11290000000
CY2020Q2 us-gaap Purchase Commitment Remaining Minimum Amount Committed
PurchaseCommitmentRemainingMinimumAmountCommitted
29000000

Files In Submission

Name View Source Status
0001564590-20-037772-index-headers.html Edgar Link pending
0001564590-20-037772-index.html Edgar Link pending
0001564590-20-037772.txt Edgar Link pending
0001564590-20-037772-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
pk-10q_20200630.htm Edgar Link pending
pk-10q_20200630_htm.xml Edgar Link completed
pk-20200630.xsd Edgar Link pending
pk-20200630_cal.xml Edgar Link unprocessable
pk-20200630_def.xml Edgar Link unprocessable
pk-20200630_lab.xml Edgar Link unprocessable
pk-20200630_pre.xml Edgar Link unprocessable
pk-ex311_8.htm Edgar Link pending
pk-ex312_9.htm Edgar Link pending
pk-ex321_10.htm Edgar Link pending
pk-ex322_6.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending