Quarterly Financial Information

12 Months Ended

Dec. 31, 2013

Quarterly Financial Information Disclosure [Abstract]

Note 28 : Selected Quarterly Financial Information (unaudited)

The following table sets forth the historical unaudited quarterly financial data for the periods indicated. The information for each of these periods has been prepared on the same basis as the audited consolidated financial statements and, in our opinion, reflects all adjustments necessary to present fairly our financial results. Operating results for previous periods do not necessarily indicate results that may be achieved in any future period.


	2013
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(in millions, except per share data)
Revenues	$	2,263	$	2,380	$	2,449	$	2,643	$	9,735
Operating income		252		404		357		89		1,102
Net income		38		157		203		62		460
Net income attributable to Hilton stockholders		34		155		200		26		415
Basic and diluted earnings per share	$	0.03	$	0.17	$	0.22	$	0.03	$	0.45

	2012
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
	(in millions, except per share data)
Revenues	$	2,131	$	2,390	$	2,417	$	2,338	$	9,276
Operating income		194		298		345		263		1,100
Net income		47		69		179		64		359
Net income attributable to Hilton stockholders		48		66		177		61		352
Basic and diluted earnings per share	$	0.05	$	0.07	$	0.19	$	0.07	$	0.38

- Definition

The entire disclosure for the quarterly financial data in the annual financial statements. The disclosure may include a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income or loss before extraordinary items and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished.

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