Stockholders' Equity and Accumulated Other Comprehensive Loss (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2017

Dec. 31, 2016

The changes in the components of accumulated other comprehensive loss, net of taxes, were as follows:


	Currency Translation Adjustment⁽¹⁾			Pension Liability Adjustment⁽²⁾			Cash Flow Hedge Adjustment⁽³⁾			Total
	(in millions)
Balance as of December 31, 2016	$	(738	)	$	(251	)	$	(12	)	$	(1,001	)
Other comprehensive income (loss) before reclassifications		21			(1	)		(4	)		16
Amounts reclassified from accumulated other comprehensive loss		—			2			2			4

Net current period other comprehensive income (loss)		21			1			(2	)		20

Spin-offs of Park and HGV		63			—			—			63

Balance as of March 31, 2017	$	(654	)	$	(250	)	$	(14	)	$	(918	)

⁽¹⁾	Includes net investment hedges and intra-entity foreign currency transactions that are of a long-term investment nature.

⁽²⁾	Amounts reclassified include the amortization of prior service cost and net loss that were included in our computation of net periodic pension cost. They were recognized in general and administrative expenses, net of a $1 million tax benefit, in our condensed consolidated statement of operations.

⁽³⁾	Amounts reclassified related to the 2013 Interest Rate Swaps and were recognized in interest expense, net of a $1 million tax benefit, in our condensed consolidated statement of operations.


	Currency Translation Adjustment⁽¹⁾			Pension Liability Adjustment⁽²⁾			Cash Flow Hedge Adjustment			Total
	(in millions)
Balance as of December 31, 2015	$	(580	)	$	(194	)	$	(10	)	$	(784	)
Other comprehensive income (loss) before reclassifications		15			—			(6	)		9
Amounts reclassified from accumulated other comprehensive loss		—			1			—			1

Net current period other comprehensive income (loss)		15			1			(6	)		10

Balance as of March 31, 2016	$	(565	)	$	(193	)	$	(16	)	$	(774	)

⁽¹⁾	Includes net investment hedges and intra-entity foreign currency transactions that are of a long-term investment nature.

⁽²⁾	Amounts reclassified were recognized in general and administrative expenses, net of a $1 million tax benefit, in our condensed consolidated statement of operations.

The components of accumulated other comprehensive loss, net of taxes, were as follows:


	Currency Translation Adjustment⁽¹⁾			Pension Liability Adjustment			Cash Flow Hedge Adjustment			Total
	(in millions)
Balance as of December 31, 2013	$	(136	)	$	(134	)	$	6		$	(264	)
Other comprehensive loss before reclassifications		(299	)		(49	)		(9	)		(357	)
Amounts reclassified from accumulated other comprehensive loss		(5	)		4			—			(1	)

Net current period other comprehensive loss		(304	)		(45	)		(9	)		(358	)

Equity contribution to consolidated variable interest entities		(6	)		—			—			(6	)

Balance as of December 31, 2014		(446	)		(179	)		(3	)		(628	)
Other comprehensive loss before reclassifications		(150	)		(21	)		(7	)		(178	)
Amounts reclassified from accumulated other comprehensive loss		16			6			—			22

Net current period other comprehensive loss		(134	)		(15	)		(7	)		(156	)

Balance as of December 31, 2015		(580	)		(194	)		(10	)		(784	)
Other comprehensive loss before reclassifications		(157	)		(63	)		(5	)		(225	)
Amounts reclassified from accumulated other comprehensive loss		(1	)		6			3			8

Net current period other comprehensive loss		(158	)		(57	)		(2	)		(217	)

Balance as of December 31, 2016	$	(738	)	$	(251	)	$	(12	)	$	(1,001	)

⁽¹⁾	Includes net investment hedges and intra-entity foreign currency transactions that are of a long-term investment nature.

The changes in the components of stockholders’ equity were as follows:


	Equity Attributable to Hilton Stockholders
	Common Stock⁽¹⁾					Treasury Stock			Additional Paid-in Capital⁽¹⁾			Accumulated Deficit			Accumulated Other Comprehensive Loss			Noncontrolling Interests⁽²⁾			Total
	Shares			Amount		Treasury Stock			Additional Paid-in Capital⁽¹⁾			Accumulated Deficit			Accumulated Other Comprehensive Loss			Noncontrolling Interests⁽²⁾			Total
	(in millions)
Balance as of December 31, 2016		329		$	3	$	—		$	10,220		$	(3,323	)	$	(1,001	)	$	(50	)	$	5,849
Share-based compensation		2			—		—			(7	)		—			—			—			(7	)
Repurchases of common stock		(1	)		—		(70	)		—			—			—			—			(70	)
Net income		—			—		—			—			74			—			1			75
Other comprehensive income (loss)		—			—		—			—			—			20			(1	)		19
Dividends		—			—		—			—			(50	)		—			—			(50	)
Spin-offs of Park and HGV		—			—		—			—			(4,331	)		63			49			(4,219	)
Cumulative effect of the adoption of ASU 2016-09		—			—		—			1			(1	)		—			—			—
Distributions		—			—		—			—			—			—			(1	)		(1	)

Balance as of March 31, 2017		330		$	3	$	(70	)	$	10,214		$	(7,631	)	$	(918	)	$	(2	)	$	1,596


	Equity Attributable to Hilton Stockholders
	Common Stock⁽¹⁾				Additional Paid-in Capital⁽¹⁾		Accumulated Deficit			Accumulated Other Comprehensive Loss			Noncontrolling Interests⁽²⁾			Total
	Shares		Amount		Additional Paid-in Capital⁽¹⁾		Accumulated Deficit			Accumulated Other Comprehensive Loss			Noncontrolling Interests⁽²⁾			Total
	(in millions)
Balance as of December 31, 2015		329	$	3	$	10,158	$	(3,392	)	$	(784	)	$	(34	)	$	5,951
Share-based compensation		—		—		2		—			—			—			2
Net income		—		—		—		309			—			1			310
Other comprehensive income (loss)		—		—		—		—			10			(2	)		8
Dividends		—		—		—		(69	)		—			—			(69	)
Cumulative effect of the adoption of ASU 2015-02		—		—		—		—			—			5			5
Distributions		—		—		—		—			—			(2	)		(2	)

Balance as of March 31, 2016		329	$	3	$	10,160	$	(3,152	)	$	(774	)	$	(32	)	$	6,205

⁽¹⁾	Adjusted to reflect the Reverse Stock Split. See Note 1: “Organization and Basis of Presentation” for additional information.

⁽²⁾	Other comprehensive loss attributable to non-controlling interests was related to a currency translation adjustment.