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Selected Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2018
Quarterly Financial Information Disclosure (unaudited) [Abstract]  
Schedule of Quarterly Financial Information
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 fairly present our financial results. Operating results for previous periods do not necessarily indicate results that may be achieved in any future period.
 
2018
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
 
(in millions, except per share data)
Revenues
$
2,074

 
$
2,291

 
$
2,253

 
$
2,288

 
$
8,906

Operating income
279

 
406

 
385

 
362

 
1,432

Net income
163

 
217

 
164

 
225

 
769

Net income attributable to Hilton stockholders
161

 
217

 
162

 
224

 
764

Basic earnings per share(1)
$
0.51

 
$
0.72

 
$
0.55

 
$
0.76

 
$
2.53

Diluted earnings per share(1)
$
0.51

 
$
0.71

 
$
0.54

 
$
0.75

 
$
2.50


 
2017
 
First Quarter
 
Second Quarter
 
Third Quarter
 
Fourth Quarter
 
Year
 
(in millions, except per share data)
Revenues
$
1,896

 
$
2,076

 
$
2,091

 
$
2,068

 
$
8,131

Operating income
217

 
324

 
332

 
259

 
1,132

Net income
48

 
151

 
160

 
730

 
1,089

Net income attributable to Hilton stockholders
47

 
150

 
158

 
729

 
1,084

Basic earnings per share(1)
$
0.14

 
$
0.46

 
$
0.49

 
$
2.29

 
$
3.34

Diluted earnings per share(1)
$
0.14

 
$
0.46

 
$
0.49

 
$
2.27

 
$
3.32

____________
(1) 
The sum of the earnings per share for the four quarters differs from annual earnings per share due to the required method of computing the weighted average shares outstanding in interim periods.