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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
REVENUES        
Revenues $ 198 $ 1,262 $ 1,353 $ 4,135
EXPENSES        
Other property-level expenses 77 85 240 268
Depreciation and amortization 166 165 498 501
Corporate and other expenses 18 26 68 80
Gain on insurance and business interruption settlements   (4)   (4)
Total operating costs and expenses 516 1,125 2,035 3,502
OPERATING PROFIT (LOSS) (318) 137 (682) 633
Interest income   8 7 23
Interest expense (66) (46) (143) (132)
Other gains/(losses) 1 274 13 336
Loss on foreign currency transactions and derivatives (1) (1)    
Equity in earnings (losses) of affiliates (5) 4 (26) 13
INCOME (LOSS) BEFORE INCOME TAXES (389) 376 (831) 873
Benefit (provision) for income taxes 73 (4) 156 (22)
NET INCOME (LOSS) (316) 372 (675) 851
Less: Net (income) loss attributable to non-controlling interests 3 (4) 7 (11)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC. $ (313) $ 368 $ (668) $ 840
Basic earnings (loss) per common share $ (0.44) $ 0.51 $ (0.95) $ 1.14
Diluted earnings (loss) per common share $ (0.44) $ 0.51 $ (0.95) $ 1.14
HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues $ 198 $ 1,262 $ 1,353 $ 4,135
EXPENSES        
Other property-level expenses 77 85 240 268
Depreciation and amortization 166 165 498 501
Corporate and other expenses 18 26 68 80
Gain on insurance and business interruption settlements   (4)   (4)
Total operating costs and expenses 516 1,125 2,035 3,502
OPERATING PROFIT (LOSS) (318) 137 (682) 633
Interest income   8 7 23
Interest expense (66) (46) (143) (132)
Other gains/(losses) 1 274 13 336
Loss on foreign currency transactions and derivatives (1) (1)    
Equity in earnings (losses) of affiliates (5) 4 (26) 13
INCOME (LOSS) BEFORE INCOME TAXES (389) 376 (831) 873
Benefit (provision) for income taxes 73 (4) 156 (22)
NET INCOME (LOSS) (316) 372 (675) 851
Less: Net (income) loss attributable to non-controlling interests (1)     (2)
NET INCOME (LOSS) ATTRIBUTABLE TO HOST HOTELS & RESORTS, INC. $ (317) $ 372 $ (675) $ 849
Basic earnings (loss) per common share $ (0.45) $ 0.52 $ (0.97) $ 1.17
Diluted earnings (loss) per common share $ (0.45) $ 0.52 $ (0.97) $ 1.17
Rooms        
REVENUES        
Revenues $ 126 $ 830 $ 813 $ 2,618
EXPENSES        
Expenses 69 221 299 664
Rooms | HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues 126 830 813 2,618
EXPENSES        
Expenses 69 221 299 664
Food and Beverage        
REVENUES        
Revenues 31 341 372 1,223
EXPENSES        
Expenses 72 260 356 835
Food and Beverage | HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues 31 341 372 1,223
EXPENSES        
Expenses 72 260 356 835
Other        
REVENUES        
Revenues 41 91 168 294
EXPENSES        
Expenses 109 320 541 981
Other | HOST HOTELS & RESORTS L.P.        
REVENUES        
Revenues 41 91 168 294
EXPENSES        
Expenses 109 320 541 981
Management Fees        
EXPENSES        
Expenses 5 52 33 177
Management Fees | HOST HOTELS & RESORTS L.P.        
EXPENSES        
Expenses $ 5 $ 52 $ 33 $ 177