XML 134 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Sep. 30, 2014
Sep. 30, 2013
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues                          
Owned and leased hotels                 $ 3,141 $ 2,982 $ 4,046 $ 3,979 $ 3,898
Management and franchise fees and other                 1,030 868 1,175 1,088 1,014
Timeshare                 850 809 1,109 1,085 944
Total revenues excluding reimbursement revenue                 5,021 4,659 6,330 6,152 5,856
Other revenues from managed and franchised properties                 2,653 2,433 3,405 3,124 2,927
Total revenues 2,643 2,449 2,380 2,263 2,338 2,417 2,390 2,131 7,674 7,092 9,735 9,276 8,783
Expenses                          
Owned and leased hotels                 2,420 2,327 3,147 3,230 3,213
Timeshare                 564 545 730 758 668
Depreciation and amortization                 470 455 603 550 564
Impairment losses                     0 54 20
General, administrative and other                 349 319 748 460 416
Total expenses excluding cost of reimbursable expense                 3,803 3,646 5,228 5,052 4,881
Other expenses from managed and franchised properties                 2,653 2,433 3,405 3,124 2,927
Total expenses                 6,456 6,079 8,633 8,176 7,808
Operating income 89 357 404 252 263 345 298 194 1,218 1,013 1,102 1,100 975
Interest income                 8 5 9 15 11
Interest expense                 (467) (401) (620) (569) (643)
Equity in earnings (losses) from unconsolidated affiliates                 16 11 16 (11) (145)
Gain (loss) on foreign currency transactions                 41 (43) (45) 23 (21)
Gain on debt extinguishment                     229 0 0
Other gain (loss), net                 38 5 7 15 19
Income before income taxes                 854 590 698 573 196
Income tax benefit (expense)                 (331) (192) (238) (214) 59
Net income 62 203 157 38 64 179 69 47 523 398 460 359 255
Net income attributable to noncontrolling interests                 (8) (9) (45) (7) (2)
Net income (loss) attributable to Hilton Stockholders $ 26 $ 200 $ 155 $ 34 $ 61 $ 177 $ 66 $ 48 $ 515 $ 389 $ 415 $ 352 $ 253
Earnings per share:                          
Basic and diluted $ 0.03 $ 0.22 $ 0.17 $ 0.03 $ 0.07 $ 0.19 $ 0.07 $ 0.05 $ 0.52 $ 0.42 $ 0.45 $ 0.38 $ 0.27