Earnings (Loss) Per Share

3 Months Ended

12 Months Ended

Mar. 31, 2017

Dec. 31, 2016

Earnings Per Share [Abstract]

Earnings (Loss) Per Share

Note 12: Earnings Per Share

The following table presents the calculation of basic and diluted earnings per share (“EPS”). All share and per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1: “Organization and Basis of Presentation” for additional information.

	Three Months Ended March 31,
	2017		2016
	(in millions, except per share amounts)
Basic EPS:
Numerator:
Net income from continuing operations attributable to Hilton stockholders	$	74	$	192
Denominator:
Weighted average shares outstanding		330		329
Basic EPS	$	0.22	$	0.58
Diluted EPS:
Numerator:
Net income from continuing operations attributable to Hilton stockholders	$	74	$	192
Denominator:
Weighted average shares outstanding		331		330
Diluted EPS	$	0.22	$	0.58

Approximately 1 million share-based compensation awards were excluded from the weighted average shares outstanding used in the computation of diluted EPS for the three months ended March 31, 2017 and 2016 because their effect would have been anti-dilutive under the treasury stock method.

Note 18: Earnings (Loss) Per Share

The following table presents the calculation of basic and diluted earnings (loss) per share. All share and per share amounts have been adjusted to reflect the Reverse Stock Split. See Note 1: “Organization” for further additional information.

	Year Ended December 31,
	2016			2015		2014
	(in millions, except per share amounts)
Basic earnings (loss) per share:
Numerator:
Net income (loss) from continuing operations attributable to Hilton stockholders	$	(18	)	$	876	$	174
Denominator:
Weighted average shares outstanding		329			329		328
Basic earnings (loss) per share	$	(0.05	)	$	2.67	$	0.53
Diluted earnings (loss) per share:
Numerator:
Net income (loss) from continuing operations attributable to Hilton stockholders	$	(18	)	$	876	$	174
Denominator:
Weighted average shares outstanding		329			330		329
Diluted earnings (loss) per share	$	(0.05	)	$	2.66	$	0.53

Approximately 2 million share-based compensation awards were excluded from the weighted average shares outstanding used in the computation of diluted EPS for the year ended December 31, 2016, and less than 1 million awards were excluded for the years ended December 31, 2015 and 2014 because their effect would have been anti-dilutive under the treasury stock method.