EX-12.2 3 hst-ex122_9.htm EX-12.2 hst-ex122_9.htm

Exhibit 12.2

HOST HOTELS & RESORTS, L.P. AND SUBSIDIARIES

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(in millions, except ratio amounts)

 

  

 

Year-to-date ended June 30,

 

 

 

2017

 

 

2016

 

Income from continuing operations before income taxes

 

$

394

 

 

$

558

 

Add (deduct):

 

 

 

 

 

 

 

 

Fixed charges

 

 

96

 

 

 

93

 

Capitalized interest

 

 

—

 

 

 

(2

)

Amortization of capitalized interest

 

 

4

 

 

 

4

 

Equity in earnings related to equity method investees

 

 

(15

)

 

 

(11

)

Distributions from investments in affiliates

 

 

13

 

 

 

18

 

Adjusted earnings

 

$

492

 

 

$

660

 

Fixed charges:

 

 

 

 

 

 

 

 

Interest on indebtedness and amortization of deferred financing costs

 

$

82

 

 

$

78

 

Capitalized interest

 

 

—

 

 

 

2

 

Portion of rents representative of the interest factor

 

 

14

 

 

 

13

 

Total fixed charges

 

$

96

 

 

$

93

 

Ratio of earnings to fixed charges

 

 

5.1

 

 

 

7.1