View Filing Data

Cash and cash equivalents

254

244

Restricted cash

387

861

Total assets

12,135

12,814

Debt

Senior notes, including $382 million and $371 million, respectively, net of discount, of Exchangeable Senior Debentures

2,880

3,018

712

946

Mortgage debt

407

709

Accounts payable and accrued expenses

Total debt

4,012

4,759

244

214

Host Hotels & Resorts, Inc. stockholders’ equity:

325

389

Total liabilities

4,581

5,362

Partnership interests

204

190

Common stock, par value $.01, 1,050 million shares authorized, 755.7 million shares and 754.8 million shares issued and outstanding, respectively

Additional paid-in capital

8,494

8,492

Total equity of Host Hotels & Resorts, Inc. stockholders

(32)

(9)

Deficit

(1,155)

(1,263)

7,315

7,228

Non-controlling interests—other consolidated partnerships

Total equity

7,350

7,262

Total liabilities, non-controlling interests and equity

12,135

12,814

Host Hotels & Resorts, L.P. capital:

(32)

(9)

Property and equipment, net

ASSETS

10,629

10,995

Assets held for sale

Due from managers

156

Advances to and investments in affiliates

409

415

Deferred financing costs, net

Furniture, fixtures and equipment replacement fund

158

173

Cash and cash equivalents

254

244

Restricted cash

387

861

Total assets

12,135

12,814

Debt

Senior notes, including $382 million and $371 million, respectively, net of discount, of Exchangeable Senior Debentures

2,880

3,018

712

946

Mortgage debt

407

709

Accounts payable and accrued expenses

Total debt

4,012

4,759

244

214

Host Hotels & Resorts, Inc. stockholders’ equity:

325

389

Total liabilities

4,581

5,362

Partnership interests

^[1]

204

190

Total liabilities, non-controlling interests and equity

(32)

(9)

Total equity

7,350

7,262

12,135

12,814

Host Hotels & Resorts, L.P. capital:

General partner

Limited partner

7,346

7,236

Total Host Hotels & Resorts, L.P. capital

(32)

(9)

7,315

7,228

Non-controlling interests—consolidated partnerships

Total capital

$ 7,350

$ 7,262

[1]	The book value recorded is equal to the greater of redemption value or historical cost.

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions	Sep. 30, 2014	Dec. 31, 2013
Senior notes	$ 382	$ 371
Credit facility	$ 712	$ 946
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,050.0	1,050.0
Common stock, shares issued	755.7	754.8
Common stock, shares outstanding	755.7	754.8
HOST HOTELS & RESORTS L.P.
Senior notes	$ 382	$ 371
Credit facility	712	946
Term Loan
Credit facility	500	500
Term Loan \| HOST HOTELS & RESORTS L.P.
Credit facility	$ 500	$ 500

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Condensed Consolidated Statements Of Operations - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
REVENUES
Rooms	$ 884	$ 825	$ 2,613	$ 2,479
Food and beverage	330	310	1,150	1,097
Other	80	76	271	259
Total revenues	1,294	1,211	4,034	3,835
EXPENSES
Rooms	236	226	696	668
Food and beverage	260	248	829	806
Other departmental and support expenses	314	309	949	932
Management fees	55	50	171	162
Other property-level expenses	94	97	289	283
Depreciation and amortization	178	175	524	520
Corporate and other expenses	(38)	27	25	90
Gain on insurance settlements	(7)		(10)
Total operating costs and expenses	1,092	1,132	3,473	3,461
OPERATING PROFIT	202	79	561	374
Interest income	1	1	3	3
Interest expense	(51)	(65)	(164)	(244)
Gain on sale of assets	1		112	33
Gain (loss) on foreign currency transactions and derivatives	(1)	(1)	(2)	2
Equity in earnings (losses) of affiliates	(1)	(1)	(4)	3
INCOME BEFORE INCOME TAXES	151	13	506	171
Provision for income taxes	(6)	(11)	(17)	(19)
INCOME FROM CONTINUING OPERATIONS	145	2	489	152
Income from discontinued operations, net of tax		16		47
NET INCOME	145	18	489	199
Less: Net (income) loss attributable to non-controlling interests	(1)	1	(11)	(5)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 144	$ 19	$ 478	$ 194
Basic earnings per common share:
Continuing operations	$ 0.19	$ 0.01	$ 0.63	$ 0.20
Discontinued operations		0.02		0.06
Basic earnings per common share	0.19	0.03	0.63	0.26
Diluted earnings per common share:
Continuing operations	0.19	0.01	0.63	0.20
Discontinued operations		0.02		0.06
Diluted earnings per common share	$ 0.19	$ 0.03	$ 0.63	$ 0.26
HOST HOTELS & RESORTS L.P.
REVENUES
Rooms	$ 884	$ 825	$ 2,613	$ 2,479
Food and beverage	330	310	1,150	1,097
Other	80	76	271	259
Total revenues	1,294	1,211	4,034	3,835
EXPENSES
Rooms	236	226	696	668
Food and beverage	260	248	829	806
Other departmental and support expenses	314	309	949	932
Management fees	55	50	171	162
Other property-level expenses	94	97	289	283
Depreciation and amortization	178	175	524	520
Corporate and other expenses	(38)	27	25	90
Gain on insurance settlements	(7)		(10)
Total operating costs and expenses	1,092	1,132	3,473	3,461
OPERATING PROFIT	202	79	561	374
Interest income	1	1	3	3
Interest expense	(51)	(65)	(164)	(244)
Gain on sale of assets	1		112	33
Gain (loss) on foreign currency transactions and derivatives	(1)	(1)	(2)	2
Equity in earnings (losses) of affiliates	(1)	(1)	(4)	3
INCOME BEFORE INCOME TAXES	151	13	506	171
Provision for income taxes	(6)	(11)	(17)	(19)
INCOME FROM CONTINUING OPERATIONS	145	2	489	152
Income from discontinued operations, net of tax		16		47
NET INCOME	145	18	489	199
Less: Net (income) loss attributable to non-controlling interests	1	1	(4)	(2)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 146	$ 19	$ 485	$ 197
Basic earnings per common share:
Continuing operations	$ 0.19	$ 0.01	$ 0.65	$ 0.21
Discontinued operations		0.02		0.06
Basic earnings per common share	0.19	0.03	0.65	0.27
Diluted earnings per common share:
Continuing operations	0.19	0.01	0.65	0.21
Discontinued operations		0.02		0.06
Diluted earnings per common share	$ 0.19	$ 0.03	$ 0.65	$ 0.27

Condensed Consolidated Statements Of Comprehensive Income (Loss) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
NET INCOME	$ 145	$ 18	$ 489	$ 199
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates	(47)	17	(36)	(12)
Change in fair value of derivative instruments	12	(5)	13
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	(35)	12	(23)	(12)
COMPREHENSIVE INCOME	110	30	466	187
Less: Comprehensive (income) loss attributable to non-controlling interests	(1)	1	(11)	(5)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE REPORTING ENTITY	109	31	455	182
HOST HOTELS & RESORTS L.P.
NET INCOME	145	18	489	199
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates	(47)	17	(36)	(12)
Change in fair value of derivative instruments	12	(5)	13
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	(35)	12	(23)	(12)
COMPREHENSIVE INCOME	110	30	466	187
Less: Comprehensive (income) loss attributable to non-controlling interests	1	1	(4)	(2)
COMPREHENSIVE INCOME ATTRIBUTABLE TO THE REPORTING ENTITY	$ 111	$ 31	$ 462	$ 185

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
OPERATING ACTIVITIES
Net income	$ 489	$ 199
Discontinued operations:
Gain on dispositions	0	(32)
Depreciation	0	9
Depreciation and amortization	524	520
Amortization of finance costs, discounts and premiums, net	18	19
Non-cash loss on extinguishment of debt	2	13
Stock compensation expense	15	12
Deferred income taxes	2	11
Gain on sale of assets	(112)	(33)
(Gain) loss on foreign currency transactions and derivatives	2	(2)
Equity in (earnings) losses of affiliates	4	(3)
Change in due from managers	(102)	(12)
Changes in other assets	(19)	17
Changes in other liabilities	(59)	(21)
Cash provided by operating activities	764	697
INVESTING ACTIVITIES
Proceeds from sales of assets, net	274	446
Return of investment	42
Acquisitions	(137)	(139)
Advances to and investments in affiliates	(55)	(71)
Capital expenditures:
Renewals and replacements	(218)	(239)
Redevelopment and acquisition-related investments	(69)	(100)
New development	(9)	(15)
Change in furniture, fixtures and equipment ("FF&E") replacement fund	2	(34)
Property insurance proceeds	2
Cash used in investing activities	(168)	(152)
FINANCING ACTIVITIES
Financing costs	(4)	(4)
Issuances of debt	4	400
Draws on credit facility	4	168
Repayment of credit facility	(225)	(200)
Repurchase/redemption of senior notes	(150)	(801)
Mortgage debt and other prepayments and scheduled maturities	(373)	(246)
Scheduled principal repayments	0	(1)
Issuance of common stock	4	303
Dividends on common stock	(318)	(222)
Contributions from non-controlling interests	1	4
Distributions to non-controlling interests	(9)	(7)
Change in restricted cash for financing activities	1
Cash used in financing activities	(1,065)	(606)
Effects of exchange rate changes on cash held	(5)	(2)
DECREASE IN CASH AND CASH EQUIVALENTS	(474)	(63)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	861	417
CASH AND CASH EQUIVALENTS, END OF PERIOD	387	354
Supplemental disclosure of cash flow information:
Interest paid - periodic interest expense	139	204
Interest paid - debt extinguishments	2	23
Total interest paid	141	227
Income taxes paid	20	13
HOST HOTELS & RESORTS L.P.
OPERATING ACTIVITIES
Net income	489	199
Discontinued operations:
Gain on dispositions		(32)
Depreciation		9
Depreciation and amortization	524	520
Amortization of finance costs, discounts and premiums, net	18	19
Non-cash loss on extinguishment of debt	2	13
Stock compensation expense	15	12
Deferred income taxes	2	11
Gain on sale of assets	(112)	(33)
(Gain) loss on foreign currency transactions and derivatives	2	(2)
Equity in (earnings) losses of affiliates	4	(3)
Change in due from managers	(102)	(12)
Changes in other assets	(19)	17
Changes in other liabilities	(59)	(21)
Cash provided by operating activities	764	697
INVESTING ACTIVITIES
Proceeds from sales of assets, net	274	446
Return of investment	42
Acquisitions	(137)	(139)
Advances to and investments in affiliates	(55)	(71)
Capital expenditures:
Renewals and replacements	(218)	(239)
Redevelopment and acquisition-related investments	(69)	(100)
New development	(9)	(15)
Change in furniture, fixtures and equipment ("FF&E") replacement fund	2	(34)
Property insurance proceeds	2
Cash used in investing activities	(168)	(152)
FINANCING ACTIVITIES
Financing costs	(4)	(4)
Issuances of debt	4	400
Draws on credit facility	4	168
Repayment of credit facility	(225)	(200)
Repurchase/redemption of senior notes	(150)	(801)
Mortgage debt and other prepayments and scheduled maturities	(373)	(246)
Scheduled principal repayments		(1)
Issuance of common OP units	4	303
Distributions on common OP units	(322)	(225)
Contributions from non-controlling interests	1	4
Distributions to non-controlling interests	(5)	(4)
Change in restricted cash for financing activities	1
Cash used in financing activities	(1,065)	(606)
Effects of exchange rate changes on cash held	(5)	(2)
DECREASE IN CASH AND CASH EQUIVALENTS	(474)	(63)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	861	417
CASH AND CASH EQUIVALENTS, END OF PERIOD	387	354
Supplemental disclosure of cash flow information:
Interest paid - periodic interest expense	139	204
Interest paid - debt extinguishments	2	23
Total interest paid	141	227
Income taxes paid	$ 20	$ 13

Supplemental Disclosure of Noncash Investing and Financing Activities	9 Months Ended
	Sep. 30, 2014
Supplemental Disclosure of Noncash Investing and Financing Activities	Supplemental disclosure of noncash investing and financing activities: Host Inc. issued approximately 0.2 million shares for both of the year-to-date periods ended September 30, 2014 and 2013 upon the conversion of OP units of Host L.P. held by non-controlling partners valued at approximately $4 million and $3 million, respectively. In March 2013, holders of approximately $174 million of the 3.25% exchangeable debentures elected to exchange their debentures for approximately 11.7 million shares of Host Inc. common stock.
HOST HOTELS & RESORTS L.P.
Supplemental Disclosure of Noncash Investing and Financing Activities	Supplemental disclosure of noncash investing and financing activities: For the year-to-date periods ended September 30, 2014 and 2013, limited partners converted OP units valued at approximately $4 million and $3 million, respectively, in exchange for approximately 0.2 million shares for both of the year-to-date periods ended September 30, 2014 and 2013 of Host Inc. common stock. In March 2013, holders of approximately $174 million of the 3.25% exchangeable debentures elected to exchange their debentures for approximately 11.7 million shares of Host Inc. common stock. In connection with the debentures exchanged for Host Inc. common stock, Host L.P. issued 11.5 million common OP units.

Organization

9 Months Ended

Sep. 30, 2014

Organization


1.	Organization

Description of Business

Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust (“REIT”), with its operations conducted solely through Host Hotels & Resorts, L.P. and its subsidiaries. Host Hotels & Resorts, L.P., a Delaware limited partnership, operates through an umbrella partnership structure, with Host Hotels & Resorts, Inc., a Maryland corporation, as its sole general partner. In the notes to these condensed consolidated financial statements, we use the terms “we” or “our” to refer to Host Hotels & Resorts, Inc. and Host Hotels & Resorts, L.P. together, unless the context indicates otherwise. We also use the term “Host Inc.” specifically to refer to Host Hotels & Resorts, Inc. and the term “Host L.P.” specifically to refer to Host Hotels & Resorts, L.P. in cases where it is important to distinguish between Host Inc. and Host L.P. As of September 30, 2014, Host Inc. holds approximately 99% of Host L.P.’s OP units.

Consolidated Portfolio

As of September 30, 2014, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries:

	Hotels
United States		100
Australia		1
Brazil		1
Canada		3
Chile		2
Mexico		1
New Zealand		7
Total		115

International Joint Ventures

We own a non-controlling interest in a joint venture in Europe (“Euro JV”) that owns hotels in two separate funds. We own a 32.1% interest in the first fund (“Euro JV Fund I”) (11 hotels) and a 33.4% interest in the second fund (“Euro JV Fund II”) (9 hotels).

As of September 30, 2014, the Euro JV owned hotels located in the following countries:

	Hotels
Belgium		3
France		4
Germany		2
Italy		3
Poland		1
Spain		2
Sweden		1
The Netherlands		2
United Kingdom		2
Total		20

In addition, our joint venture in Asia (“Asia/Pacific JV”), in which we own a 25% non-controlling interest, owns one hotel in Australia and a non-controlling interest in an entity that owns three operating hotels and four additional hotels in various stages of development in India.

Summary of Significant Accounting Policies

9 Months Ended

Sep. 30, 2014

Accounting Policies [Abstract]

Summary of Significant Accounting Policies


2.	Summary of Significant Accounting Policies

We have condensed or omitted certain information and footnote disclosures normally included in financial statements presented in accordance with GAAP in the accompanying unaudited condensed consolidated financial statements. We believe the disclosures made herein are adequate to prevent the information presented from being misleading. However, the financial statements should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10–K for the year ended December 31, 2013.

The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

In our opinion, the accompanying financial statements reflect all adjustments necessary to present fairly our financial position as of September 30, 2014, and the results of our operations for the quarter and year-to-date periods ended September 30, 2014 and 2013, respectively, and cash flows for the year-to-date periods ended September 30, 2014 and 2013, respectively. Interim results are not necessarily indicative of full year performance because of the impact of seasonal variations.

Reclassifications

Certain prior year financial statement amounts have been reclassified to conform with the current year presentation.

New Accounting Standards

In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which affects virtually all aspects of an entity’s revenue recognition. The core principle of the new standard is that revenue should be recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is effective for annual reporting periods beginning after December 15, 2016. We have not yet completed our assessment of the effect of the new standard on our financial statements, including possible transition alternatives.

In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360) - Reporting Discontinued Operations and Disclosure of Disposal of Components of an Entity (“ASU 2014-08 Reporting for Discontinued Operations”). Under this standard, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations only if the disposal represents a strategic shift that has, or will have, a major effect on an entity’s operations and financial results. In addition, it requires an entity to present, for each comparative period, the assets and liabilities of a disposal group that includes a discontinued operation separately in the asset and liability sections, respectively, of the statement of financial position. As a result, the operations of sold properties through the date of their disposal will be included in continuing operations, unless the sale represents a strategic shift. We adopted this standard as of January 1, 2014. No prior year restatements are permitted for this change in policy.

Earnings Per Common Share (Unit)

9 Months Ended

Sep. 30, 2014

Earnings Per Share [Abstract]

Earnings Per Common Share (Unit)


3.	Earnings Per Common Share (Unit)

Host Inc. Earnings Per Common Share

Basic earnings per common share is computed by dividing net income attributable to common stockholders by the weighted average number of shares of Host Inc. common stock outstanding. Diluted earnings per common share is computed by dividing net income attributable to common stockholders, as adjusted for potentially dilutive securities, by the weighted average number of shares of Host Inc. common stock outstanding plus other potentially dilutive securities. Dilutive securities may include shares granted under comprehensive stock plans, other non-controlling interests that have the option to convert their limited partnership interests to common OP units and convertible debt securities. No effect is shown for any securities that are anti-dilutive. The calculation of basic and diluted earnings per common share is shown below (in millions, except per share amounts):


	Quarter ended September 30,					Year-to-date ended September 30,
	2014			2013		2014			2013
Net income	$	145		$	18	$	489		$	199
Less: Net (income) loss attributable to non-controlling interests		(1	)		1		(11	)		(5	)
Net income attributable to Host Inc.	$	144		$	19	$	478		$	194
Diluted income attributable to Host Inc.	$	144		$	19	$	478		$	194

Basic weighted average shares outstanding		755.6			749.0		755.3			740.9
Assuming weighted average shares for conversion of exchangeable senior debentures		—			—		—			3.2
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.8			0.7		0.7			0.8
Diluted weighted average shares outstanding ⁽¹⁾		756.4			749.7		756.0			744.9

Basic earnings per common share	$	.19		$	.03	$	.63		$	.26
Diluted earnings per common share	$	.19		$	.03	$	.63		$	.26

(1)

There were approximately 30 million potentially dilutive shares for both the quarter and year-to-date periods ended September 30, 2014, and approximately 30 million and 29 million potentially dilutive shares for the quarter and year-to-date periods ended September 30, 2013, respectively, related to our exchangeable senior debentures, which shares were not included in the computation of diluted earnings per share because to do so would have been anti-dilutive for the period. Net income allocated to non-controlling interests of Host L.P. has been excluded from the numerator and common OP units in Host L.P. have been omitted from the denominator for the purpose of computing diluted earnings per share since the effect of including these amounts would have no impact.

Host L.P. Earnings Per Common Unit

Basic earnings per common unit is computed by dividing net income attributable to common unitholders by the weighted average number of common units outstanding. Diluted earnings per common unit is computed by dividing net income attributable to common unitholders, as adjusted for potentially dilutive securities, by the weighted average number of common units outstanding plus other potentially dilutive securities. Dilutive securities may include units issued to Host Inc. to support Host Inc. common shares granted under comprehensive stock plans, other non-controlling interests that have the option to convert their limited partnership interests to common OP units and convertible debt securities. No effect is shown for any securities that are anti-dilutive. The calculation of basic and diluted earnings per unit is shown below (in millions, except per unit amounts):


	Quarter ended September 30,				Year-to-date ended September 30,
	2014		2013		2014			2013
Net income	$	145	$	18	$	489		$	199
Less: Net (income) loss attributable to non-controlling interests		1		1		(4	)		(2	)
Net income attributable to Host L.P.	$	146	$	19	$	485		$	197
Diluted income attributable to Host L.P.	$	146	$	19	$	485		$	197

Basic weighted average units outstanding		749.1		743.0		748.8			735.1
Assuming weighted average units for conversion of exchangeable senior debentures		—		—		—			3.1
Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market		0.8		0.6		0.7			0.8
Diluted weighted average units outstanding⁽¹⁾		749.9		743.6		749.5			739.0

Basic earnings per common unit	$	.19	$	.03	$	.65		$	.27
Diluted earnings per common unit	$	.19	$	.03	$	.65		$	.27

(1)

There were approximately 30 million potentially dilutive units for both the quarter and year-to-date periods ended September 30, 2014, respectively, and approximately 29 million potentially dilutive units for both the quarter and year-to-date periods ended September 30, 2013, related to our exchangeable senior debentures, which units were not included in the computation of diluted earnings per unit because to do so would have been anti-dilutive for the period.

Property and Equipment

9 Months Ended

Sep. 30, 2014

Property Plant And Equipment [Abstract]

Property and Equipment


4.	Property and Equipment

Property and equipment consists of the following (in millions):

	September 30, 2014			December 31, 2013
Land and land improvements	$	1,993		$	1,973
Buildings and leasehold improvements		13,318			13,435
Furniture and equipment		2,209			2,223
Construction in progress		188			176
		17,708			17,807
Less accumulated depreciation and amortization		(7,079	)		(6,812	)
	$	10,629		$	10,995

Investments In Affiliates

9 Months Ended

Sep. 30, 2014

Investments In And Advances To Affiliates Schedule Of Investments [Abstract]

Investments In Affiliates


5.	Investment In Affiliates

On September 30, 2014, the Euro JV Fund II acquired a 90% ownership interest in the 394-room Grand Hotel Esplanade in Berlin. The hotel was acquired based on an aggregate gross value of €81 million ($102 million), and is subject to approximately €48 million ($61 million) of debt with a margin of 219 basis points over the Euro Interbank Offered Rate (“Euribor”), which is non-recourse to the Euro JV. We contributed approximately €10 million ($14 million) to the Euro JV in connection with this acquisition, partially funded through a draw on our credit facility.

Subsequent to quarter end, on October 16, 2014, the Euro JV Fund I sold the 350-room Sheraton Skyline Hotel & Conference Centre for £33 million ($53 million).

Equity of Host Inc. and Capital of Host L.P.

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Equity of Host Inc. and Capital of Host L.P.


6.	Equity of Host Inc. and Capital of Host L.P.
	Equity of Host Inc.

Equity of Host Inc. is allocated between controlling and non-controlling interests as follows (in millions):


	Equity of Host Inc.			Non-redeemable, non-controlling interests			Total equity			Redeemable, non-controlling interests
Balance, December 31,2013	$	7,228		$	34		$	7,262		$	190
Net income		478			4			482			7
Issuance of common stock		15			—			15			—
Dividends declared on common stock		(370	)		—			(370	)		—
Distributions to non-controlling interests		—			(5	)		(5	)		(4	)
Other changes in ownership		(13	)		2			(11	)		11
Other comprehensive loss		(23	)		—			(23	)		—
Balance, September 30, 2014	$	7,315		$	35		$	7,350		$	204

Capital of Host L.P.

As of September 30, 2014, Host Inc. is the owner of approximately 99% of Host L.P.’s common OP units. The remaining common OP units are held by third party limited partners. Each OP unit may be redeemed for cash or, at the election of Host Inc., Host Inc. common stock, based on the conversion ratio of 1.021494 shares of Host Inc. common stock for each OP unit.

In exchange for any shares issued by Host Inc., Host L.P. will issue OP units to Host Inc. based on the applicable conversion ratio. Additionally, funds used by Host Inc. to pay dividends on its common stock are provided by distributions from Host L.P.

Capital of Host L.P. is allocated between controlling and non-controlling interests as follows (in millions):


										Limited
				Non-						Partnership
	Capital of			controlling			Total			Interests of
	Host L.P.			Interests			Capital			Third Parties
Balance, December 31, 2013	$	7,228		$	34		$	7,262		$	190
Net income		478			4			482			7
Issuance of common OP units		15			—			15			—
Distributions declared on common OP units		(370	)		—			(370	)		(4	)
Distributions to non-controlling interests		—			(5	)		(5	)		—
Other changes in ownership		(13	)		2			(11	)		11
Other comprehensive loss		(23	)		—			(23	)		—
Balance, September 30, 2014	$	7,315		$	35		$	7,350		$	204

For Host Inc. and Host L.P., there were no material amounts reclassified out of accumulated other comprehensive income (loss) to net income for the quarter and year-to-date periods ended September 30, 2014.

Dividends/Distributions

On July 31, 2014, Host Inc.’s Board of Directors declared a regular dividend of $0.20 per share on its common stock. The dividend was paid on October 15, 2014 to stockholders of record as of September 30, 2014. Accordingly, Host L.P. made a distribution of $0.2042988 per unit on its common OP units based on the current conversion ratio.

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

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-URI http://asc.fasb.org/extlink&oid=6521494

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-Article 4

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Discontinued Operations And Disposal Groups [Abstract]

Dispositions

9 Months Ended

Sep. 30, 2014

Dispositions


7.	Dispositions

Effective January 1, 2014, we adopted ASU 2014-08 Reporting for Discontinued Operations. As a result, operations and any gain or loss on sale of hotels sold subsequent to December 31, 2013 will continue to be reported in continuing operations. The results of properties sold in 2013, including the gain on sale, prior to adoption will continue to be reported in discontinued operations.

On October 1, 2014, we sold the Tampa Marriott Waterside Hotel & Marina for approximately $199 million, which includes a $9 million FF&E replacement fund retained at the hotel. The hotel is classified as held for sale as of September 30, 2014. We will record a gain on sale of approximately $115 million in the fourth quarter. Additionally, during the first quarter of 2014, we sold an 89% controlling interest in the Philadelphia Marriott Downtown based on a gross sales price of $303 million and sold the Courtyard Nashua for approximately $10 million.

The following table provides summary results of operations for the hotel held for sale and two hotels sold in 2014, which are included in continuing operations (in millions):


	Quarter ended September 30,				Year-to-date ended September 30,
	2014		2013		2014		2013

Revenues	$	11	$	35	$	45	$	117
Income before income taxes		2		1		11		14
Gain on disposition		—		—		112		—

The following table provides summary results of operations for the five hotels sold in 2013, which are included in discontinued operations (in millions):

	Quarter ended		Year-to-date ended
	September 30, 2013		September 30, 2013
Revenues	$	21	$	91
Income before income taxes		3		20
Gain on disposition, net of tax		14		32

The entire disclosure for the facts and circumstances leading to the completed or expected disposal, manner and timing of disposal, the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the segment in which the disposal group was reported, and the classification (whether sold or classified as held for sale) and carrying value of the assets and liabilities comprising the disposal group. Includes all disposal groups, including those classified as components of the entity (discontinued operations).

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Acquisitions

9 Months Ended

Sep. 30, 2014

Business Combinations [Abstract]

Acquisitions


8.	Acquisitions

On August 11, 2014, we acquired the 242-room b2 miami downtown hotel for approximately $58 million. On January 21, 2014, we acquired the 151-room Powell Hotel in San Francisco, California, including retail space, for approximately $75 million. Accounting for acquisitions requires an allocation of the purchase price to the assets acquired and the liabilities assumed at their respective estimated fair values. The purchase price allocation for the b2 miami downtown hotel is estimated based on currently available information; however, we still are in the process of obtaining appraisals and finalizing the accounting for this acquisition. The following table summarizes the estimated fair value of the assets acquired and liabilities assumed related to these acquisitions (in millions):

Property and equipment	$	131
Other assets		3
Total assets		134
Other liabilities		(1	)
Net assets acquired	$	133

Our summarized unaudited consolidated pro forma results of operations, assuming the acquisitions that were completed during 2014 occurred on January 1, 2013, are as follows (in millions, except per share and per unit amounts):


	Quarter ended September 30,				Year-to-date ended September 30,
	2014		2013		2014		2013
Revenues	$	1,295	$	1,215	$	4,042	$	3,843
Income from continuing operations		145		3		492		154
Net income		145		19		492		201

Host Inc.:
Net income attributable to Host Inc.	$	144	$	20	$	481	$	196

Basic earnings per common share:
Continuing operations	$	.19	$	.01	$	.64	$	.20
Discontinued operations		—		.02		—		.06
Basic earnings per common share	$	.19	$	.03	$	.64	$	.26

Diluted earnings per common share:
Continuing operations	$	.19	$	.01	$	.64	$	.20
Discontinued operations		—		.02		—		.06
Diluted earnings per common share	$	.19	$	.03	$	.64	$	.26

Host L.P.:
Net income attributable to Host L.P.	$	146	$	20	$	488	$	199

Basic earnings per common unit:
Continuing operations	$	.19	$	.01	$	.65	$	.21
Discontinued operations		—		.02		—		.06
Basic earnings per common unit	$	.19	$	.03	$	.65	$	.27

Diluted earnings per common unit:
Continuing operations	$	.19	$	.01	$	.65	$	.21
Discontinued operations		—		.02		—		.06
Diluted earnings per common unit	$	.19	$	.03	$	.65	$	.27

The above pro forma results of operations exclude $2 million of acquisition costs for the year-to-date period ended September 30, 2014. The condensed consolidated statements of operations for the quarter and year-to-date periods ended September 30, 2014 include approximately $3 million and $7 million of revenues, respectively, and $2 million of net income for the year-to-date period ended September 30, 2014 related to our 2014 acquisitions. Net income related to our 2014 acquisitions was immaterial for the quarter ended September 30, 2014.

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

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Fair Value Measurements

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value Measurements


9.	Fair Value Measurements

The following tables detail the fair value of our financial assets and liabilities that are required to be measured at fair value on a recurring basis, as well as non-recurring fair value measurements, at September 30, 2014 and December 31, 2013, respectively (in millions):


	Fair Value at Measurement Date Using
	Balance at September 30, 2014			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Fair Value Measurements on a Recurring Basis:
Assets
Foreign currency forward sale contracts⁽¹⁾	$	7		$	—	$	7		$	—
Liabilities
Interest rate swap derivatives⁽¹⁾		(2	)		—		(2	)		—

Fair Value Measurements on a Non-recurring Basis:
Impaired hotel properties held and used		18			—		—			18


	Fair Value at Measurement Date Using
	Balance at December 31, 2013			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Fair Value Measurements on a Recurring Basis:
Assets
Interest rate swap derivatives ⁽¹⁾	$	1		$	—	$	1		$	—
Foreign currency forward sale contracts⁽¹⁾		3			—		3			—
Liabilities
Interest rate swap derivatives ⁽¹⁾		(3	)		—		(3	)		—
Foreign currency forward sale contracts ⁽¹⁾		(6	)		—		(6	)		—

Fair Value Measurements on a Non-recurring Basis:
Impaired hotel properties held and used		9			—		—			9

(1)	These derivative contracts have been designated as hedging instruments.

Derivatives and Hedging

Interest rate swap derivatives designated as cash flow hedges. We have designated our floating-to-fixed interest rate swap derivatives as cash flow hedges. The purpose of the interest rate swaps is to hedge against changes in cash flows (interest payments) attributable to fluctuations in variable rate debt. The derivatives are valued based on the prevailing market yield curve on the date of measurement. We also evaluate counterparty credit risk when we calculate the fair value of the swaps. Changes in the fair value of the derivatives are recorded to other comprehensive income (loss). The hedges were fully effective as of September 30, 2014.

The following table summarizes our interest rate swap derivatives designated as cash flow hedges (in millions):


								Change in Fair Value
								Gain (Loss)				Gain (Loss)
	Total Notional		Maturity	Swapped	All-in-			Quarter ended September 30,				Year-to-date ended September 30,
Transaction Date	Amount		Date	Index	Rate			2014		2013		2014		2013
November 2011 ⁽¹⁾	A$	62	November 2016	Reuters BBSY		6.7	%	$	—	$	—	$	—	$	1
February 2011⁽²⁾	NZ$	79	February 2016	NZ$ Bank Bill		7.15	%	$	—	$	—	$	—	$	1

(1)	The swap was entered into in connection with the A$86 million ($75 million) mortgage loan on the Hilton Melbourne South Wharf.

(2)	The swap was entered into in connection with the NZ$105 million ($82 million) mortgage loan on seven properties in New Zealand.

Foreign Investment Hedging Instruments. We have four foreign currency forward sale contracts that hedge a portion of the foreign currency exposure resulting from the eventual repatriation of our net investment in foreign operations. These derivatives are considered hedges of the foreign currency exposure of a net investment in a foreign operation and are marked-to-market with changes in fair value recorded to other comprehensive income (loss). The forward sale contracts are valued based on the forward yield curve of the foreign currency to U.S. dollar forward exchange rate on the date of measurement. We also evaluate counterparty credit risk when we calculate the fair value of the derivatives.

The following table summarizes our foreign currency sale contracts (in millions):

Currently Outstanding						Change in Fair Value - All Contracts
	Total
	Transaction		Total			Gain (Loss)					Gain (Loss)
Transaction Date	Amount in Foreign		Transaction Amount		Forward Purchase	Quarter ended September 30,					Year-to-date ended September 30,
Range	Currency		in Dollars		Date Range	2014		2013			2014		2013
July 2011-May 2014	€	100	$	135	August 2015-May 2017	$	12	$	(6	)	$	13	$	(2	)

In addition to the forward sale contracts, we have designated a portion of the foreign currency draws on our credit facility as hedges of net investments in foreign operations. Changes in fair value of the designated credit facility draws are recorded to other comprehensive income (loss).

The following table summarizes the draws on our credit facility that are designated as hedges of net investments in foreign operations (in millions):


					Gain (Loss)					Gain (Loss)
	Balance Outstanding		Balance Outstanding in		Quarter ended September 30,					Year-to-date ended September 30,
Currency	US$		Foreign Currency		2014		2013			2014		2013
Canadian dollars ⁽¹⁾	$	28	C$	31	$	1	$	(1	)	$	1	$	1
Euros	$	97	€	77	$	8	$	(3	)	$	9	$	(3	)

(1)	We have an additional $67 million outstanding on the credit facility in Canadian dollars, which draw has not been designated as a hedging instrument.

Other Liabilities

Fair Value of Other Financial Liabilities. We did not elect the fair value measurement option for any of our other financial liabilities. Valuations for secured debt and our credit facility are determined based on the expected future payments discounted at risk-adjusted rates. Senior Notes and the Exchangeable Senior Debentures are valued based on quoted market prices. The fair values of financial instruments not included in this table are estimated to be equal to their carrying amounts.

The fair value of certain financial liabilities is shown below (in millions):



	September 30, 2014				December 31, 2013
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial liabilities
Senior notes (Level 1)	$	2,498	$	2,662	$	2,647	$	2,766
Exchangeable Senior Debentures (Level 1)		382		662		371		603
Credit facility (Level 2)		712		712		946		946
Mortgage debt and other, excluding capital leases (Level 2)		419		426		793		802

Impairment

During the third quarter, an impairment loss of $6 million was triggered for one property due to a change in its expected hold period. The fair value of the property of $18 million is based on the expected cash flows over the remaining life of the property. The loss is included in depreciation expense.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

Geographic Information

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Geographic Information


10.	Geographic Information

We consider each of our hotels to be an operating segment, none of which meets the threshold for a reportable segment. We also allocate resources and assess operating performance based on individual hotels. All of our other real estate investment activities (primarily office buildings and apartments) are immaterial and, with our operating segments, meet the aggregation criteria, and thus, we report one segment: hotel ownership. Our consolidated foreign operations consist of hotels in six countries. There were no intersegment sales during the periods presented.

The following table presents total revenues and property and equipment for each of the geographical areas in which we operate (in millions):

	Revenues								Property and Equipment, net
	Quarter ended September 30,				Year-to-date ended September 30,				September 30,		December 31,
	2014		2013		2014		2013		2014		2013
United States	$	1,225	$	1,148	$	3,826	$	3,640	$	10,149	$	10,498
Australia		10		10		29		30		109		106
Brazil		9		7		29		22		84		76
Canada		22		22		65		69		82		89
Chile		7		7		23		24		46		54
Mexico		7		6		21		17		30		32
New Zealand		14		11		41		33		129		140
Total	$	1,294	$	1,211	$	4,034	$	3,835	$	10,629	$	10,995

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

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Non-Controlling Interests

Non-Controlling Interests

9 Months Ended

Sep. 30, 2014

Noncontrolling Interest [Abstract]


11.	Non-controlling Interests

Other Consolidated Partnerships. We consolidate six majority-owned partnerships that have third-party, non-controlling ownership interests. The third-party partnership interests are included in non-controlling interests — other consolidated partnerships on the condensed consolidated balance sheets and totaled $35 million and $34 million as of September 30, 2014 and December 31, 2013, respectively. Two of the partnerships have finite lives that terminate between 2081 and 2095, and the associated non-controlling interests are mandatorily redeemable at our option at the end of, but not prior to, the finite life. At September 30, 2014 and December 31, 2013, the fair values of the non-controlling interests in the partnerships with finite lives were approximately $70 million and $68 million, respectively.

Net income attributable to non-controlling interests of consolidated partnerships is included in our determination of net income. Net loss attributable to non-controlling interests of third parties, which is included in the determination of net income (loss) attributable to Host Inc. and Host L.P., was $(1) million for both the quarters ended September 30, 2014 and 2013, respectively. Net income attributable to non-controlling interests of third parties was $4 million and $2 million for the year-to-date periods ended September 30, 2014 and 2013, respectively.

Host Inc.’s treatment of the non-controlling interests of Host L.P.: Host Inc. adjusts the non-controlling interests of Host L.P. each period so that the amount presented equals the greater of its carrying value based on accumulated historical cost or its redemption value. The historical cost is based on the proportional relationship between the historical cost of equity held by our common stockholders relative to that of the unitholders of Host L.P. The redemption value is based on the amount of cash or Host Inc. common stock, at our option, that would be paid to the non-controlling interests of Host L.P. if it were terminated. Therefore, the redemption value of the common OP units is equivalent to the number of shares that would be issued upon conversion of the common OP units held by third parties valued at the market price of Host Inc. common stock at the balance sheet date. One common OP unit may be exchanged into 1.021494 shares of Host Inc. common stock. Non-controlling interests of Host L.P. are classified in the mezzanine section of our balance sheets as they do not meet the requirements for equity classification because the redemption feature requires the delivery of registered shares.

The table below details the historical cost and redemption values for the non-controlling interests:

	September 30, 2014		December 31, 2013
OP units outstanding (millions)		9.4		9.5
Market price per Host Inc. common share	$	21.33	$	19.44
Shares issuable upon conversion of one OP unit		1.021494		1.021494
Redemption value (millions)	$	204	$	190
Historical cost (millions)		94		95
Book value (millions) ⁽¹⁾		204		190

(1)	The book value recorded is equal to the greater of redemption value or historical cost.

Net income is allocated to the non-controlling interests of Host L.P. based on their weighted average ownership interest during the period. The net income attributable to the non-controlling interests of Host L.P. for the quarter and year-to-date ended September 30, 2014 was $2 million and $7 million, respectively. The income attributable to the non-controlling interests of Host L.P. was immaterial for the quarter ended September 30, 2013 and $3 million for the year-to-date ended September 30, 2013.

Legal Proceedings

9 Months Ended

Sep. 30, 2014

Commitments And Contingencies Disclosure [Abstract]

Legal Proceedings


12.	Legal Proceedings

We are involved in various legal proceedings in the normal course of business regarding the operation of our hotels and company matters. To the extent not covered by insurance, these legal proceedings generally fall into the following broad categories: disputes involving hotel-level contracts, employment litigation, compliance with laws such as the Americans with Disabilities Act, tax disputes and other general matters. Under our management agreements, our operators have broad latitude to resolve individual hotel-level claims for amounts generally less than $150,000. However, for matters exceeding such threshold, our operators may not settle claims without our consent.

Based on our analysis of legal proceedings with which we currently are involved or of which we are aware and our experience in resolving similar claims in the past, we have accrued approximately $31 million as of September 30, 2014 for liabilities related to legal proceedings and estimate that, in the aggregate, our losses related to these proceedings could be as much as $50 million. We believe this range represents the maximum potential loss for all of our legal proceedings. We are not aware of any other matters with a reasonably possible unfavorable outcome for which disclosure of a loss contingency is required. No assurances can be given as to the outcome of any pending legal proceedings.

On October 3, 2014, the final motion for rehearing by Keystone-Texas Property Holding Corporation (“Keystone”) to the Texas Supreme Court was denied, finalizing the court’s decision. As a result, we have reversed the $69 million loss contingency previously recorded related to this litigation in the third quarter of 2014, which is included in corporate and other expenses. In addition, a court-ordered bond of $25 million was released October 17, 2014, which is included in restricted cash as of September 30, 2014. For further details on this legal proceeding, see Part II, Item 1, Legal Proceedings.

Summary of Significant Accounting Policies (Policies)	9 Months Ended
Summary of Significant Accounting Policies (Policies)	Sep. 30, 2014
Accounting Policies [Abstract]
Reclassifications	Reclassifications Certain prior year financial statement amounts have been reclassified to conform with the current year presentation.
New Accounting Standards	New Accounting Standards In May 2014, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2014-09, Revenue from Contracts with Customers (Topic 606), which affects virtually all aspects of an entity’s revenue recognition. The core principle of the new standard is that revenue should be recognized to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The standard is effective for annual reporting periods beginning after December 15, 2016. We have not yet completed our assessment of the effect of the new standard on our financial statements, including possible transition alternatives. In April 2014, the FASB issued ASU 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant and Equipment (Topic 360) - Reporting Discontinued Operations and Disclosure of Disposal of Components of an Entity (“ASU 2014-08 Reporting for Discontinued Operations”). Under this standard, a disposal of a component of an entity or a group of components of an entity is required to be reported in discontinued operations only if the disposal represents a strategic shift that has, or will have, a major effect on an entity’s operations and financial results. In addition, it requires an entity to present, for each comparative period, the assets and liabilities of a disposal group that includes a discontinued operation separately in the asset and liability sections, respectively, of the statement of financial position. As a result, the operations of sold properties through the date of their disposal will be included in continuing operations, unless the sale represents a strategic shift. We adopted this standard as of January 1, 2014. No prior year restatements are permitted for this change in policy.

Organization (Tables)

9 Months Ended

Sep. 30, 2014

Organization Consolidation And Presentation Of Financial Statements [Abstract]

Consolidated Portfolio of Hotels by Location

As of September 30, 2014, our consolidated portfolio, primarily consisting of luxury and upper upscale hotels, is located in the following countries:

	Hotels
United States		100
Australia		1
Brazil		1
Canada		3
Chile		2
Mexico		1
New Zealand		7
Total		115

As of September 30, 2014, the Euro JV owned hotels located in the following countries:

	Hotels
Belgium		3
France		4
Germany		2
Italy		3
Poland		1
Spain		2
Sweden		1
The Netherlands		2
United Kingdom		2
Total		20

Earnings Per Common Share (Unit) (Tables)

9 Months Ended

Sep. 30, 2014

Earnings Per Common Share (Unit)


	Quarter ended September 30,					Year-to-date ended September 30,
	2014			2013		2014			2013
Net income	$	145		$	18	$	489		$	199
Less: Net (income) loss attributable to non-controlling interests		(1	)		1		(11	)		(5	)
Net income attributable to Host Inc.	$	144		$	19	$	478		$	194
Diluted income attributable to Host Inc.	$	144		$	19	$	478		$	194

Basic weighted average shares outstanding		755.6			749.0		755.3			740.9
Assuming weighted average shares for conversion of exchangeable senior debentures		—			—		—			3.2
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.8			0.7		0.7			0.8
Diluted weighted average shares outstanding ⁽¹⁾		756.4			749.7		756.0			744.9

Basic earnings per common share	$	.19		$	.03	$	.63		$	.26
Diluted earnings per common share	$	.19		$	.03	$	.63		$	.26

(1)

Earnings Per Common Share (Unit)


	Quarter ended September 30,				Year-to-date ended September 30,
	2014		2013		2014			2013
Net income	$	145	$	18	$	489		$	199
Less: Net (income) loss attributable to non-controlling interests		1		1		(4	)		(2	)
Net income attributable to Host L.P.	$	146	$	19	$	485		$	197
Diluted income attributable to Host L.P.	$	146	$	19	$	485		$	197

Basic weighted average units outstanding		749.1		743.0		748.8			735.1
Assuming weighted average units for conversion of exchangeable senior debentures		—		—		—			3.1
Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market		0.8		0.6		0.7			0.8
Diluted weighted average units outstanding⁽¹⁾		749.9		743.6		749.5			739.0

Basic earnings per common unit	$	.19	$	.03	$	.65		$	.27
Diluted earnings per common unit	$	.19	$	.03	$	.65		$	.27

(1)

Property and Equipment (Tables)

9 Months Ended

Sep. 30, 2014

Property Plant And Equipment [Abstract]

Property and Equipment

Property and equipment consists of the following (in millions):

	September 30, 2014			December 31, 2013
Land and land improvements	$	1,993		$	1,973
Buildings and leasehold improvements		13,318			13,435
Furniture and equipment		2,209			2,223
Construction in progress		188			176
		17,708			17,807
Less accumulated depreciation and amortization		(7,079	)		(6,812	)
	$	10,629		$	10,995

Equity of Host Inc. and Capital of Host L.P. (Tables)

9 Months Ended

Sep. 30, 2014

Equity [Abstract]

Equity Allocation between Controlling and Non-Controlling Interests

Equity of Host Inc. is allocated between controlling and non-controlling interests as follows (in millions):


	Equity of Host Inc.			Non-redeemable, non-controlling interests			Total equity			Redeemable, non-controlling interests
Balance, December 31,2013	$	7,228		$	34		$	7,262		$	190
Net income		478			4			482			7
Issuance of common stock		15			—			15			—
Dividends declared on common stock		(370	)		—			(370	)		—
Distributions to non-controlling interests		—			(5	)		(5	)		(4	)
Other changes in ownership		(13	)		2			(11	)		11
Other comprehensive loss		(23	)		—			(23	)		—
Balance, September 30, 2014	$	7,315		$	35		$	7,350		$	204

Capital Allocation between Controlling and Non-Controlling Interests

Capital of Host L.P. is allocated between controlling and non-controlling interests as follows (in millions):


										Limited
				Non-						Partnership
	Capital of			controlling			Total			Interests of
	Host L.P.			Interests			Capital			Third Parties
Balance, December 31, 2013	$	7,228		$	34		$	7,262		$	190
Net income		478			4			482			7
Issuance of common OP units		15			—			15			—
Distributions declared on common OP units		(370	)		—			(370	)		(4	)
Distributions to non-controlling interests		—			(5	)		(5	)		—
Other changes in ownership		(13	)		2			(11	)		11
Other comprehensive loss		(23	)		—			(23	)		—
Balance, September 30, 2014	$	7,315		$	35		$	7,350		$	204

Dispositions (Tables)

9 Months Ended

Sep. 30, 2014

Discontinued Operations And Disposal Groups [Abstract]

Summary of Results of Operations for Hotel Held for Sale and Two Hotels Sold in Twenty Fourteen which are Included in Continuing Operations (Detail)

The following table provides summary results of operations for the hotel held for sale and two hotels sold in 2014, which are included in continuing operations (in millions):


	Quarter ended September 30,				Year-to-date ended September 30,
	2014		2013		2014		2013

Revenues	$	11	$	35	$	45	$	117
Income before income taxes		2		1		11		14
Gain on disposition		—		—		112		—

Summary of Results of Operations for Five Hotels Sold in Twenty Thirteen which are Included in Discontinued Operations (Detail)

The following table provides summary results of operations for the five hotels sold in 2013, which are included in discontinued operations (in millions):

	Quarter ended		Year-to-date ended
	September 30, 2013		September 30, 2013
Revenues	$	21	$	91
Income before income taxes		3		20
Gain on disposition, net of tax		14		32

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

Estimated Fair Value of Assets Acquired and Liabilities Assumed in Acquisitions

Acquisitions (Tables)

9 Months Ended

Sep. 30, 2014

Business Combinations [Abstract]

Property and equipment	$	131
Other assets		3
Total assets		134
Other liabilities		(1	)
Net assets acquired	$	133

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value Disclosures [Abstract]

Fair Value of Financial Assets and Liabilities


	Fair Value at Measurement Date Using
	Balance at September 30, 2014			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Fair Value Measurements on a Recurring Basis:
Assets
Foreign currency forward sale contracts⁽¹⁾	$	7		$	—	$	7		$	—
Liabilities
Interest rate swap derivatives⁽¹⁾		(2	)		—		(2	)		—

Fair Value Measurements on a Non-recurring Basis:
Impaired hotel properties held and used		18			—		—			18


	Fair Value at Measurement Date Using
	Balance at December 31, 2013			Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)			Significant Unobservable Inputs (Level 3)
Fair Value Measurements on a Recurring Basis:
Assets
Interest rate swap derivatives ⁽¹⁾	$	1		$	—	$	1		$	—
Foreign currency forward sale contracts⁽¹⁾		3			—		3			—
Liabilities
Interest rate swap derivatives ⁽¹⁾		(3	)		—		(3	)		—
Foreign currency forward sale contracts ⁽¹⁾		(6	)		—		(6	)		—

Fair Value Measurements on a Non-recurring Basis:
Impaired hotel properties held and used		9			—		—			9

(1)	These derivative contracts have been designated as hedging instruments.

Interest Rate Swap Derivatives Designated as Cash Flow Hedges

The following table summarizes our interest rate swap derivatives designated as cash flow hedges (in millions):


								Change in Fair Value
								Gain (Loss)				Gain (Loss)
	Total Notional		Maturity	Swapped	All-in-			Quarter ended September 30,				Year-to-date ended September 30,
Transaction Date	Amount		Date	Index	Rate			2014		2013		2014		2013
November 2011 ⁽¹⁾	A$	62	November 2016	Reuters BBSY		6.7	%	$	—	$	—	$	—	$	1
February 2011⁽²⁾	NZ$	79	February 2016	NZ$ Bank Bill		7.15	%	$	—	$	—	$	—	$	1

(1)	The swap was entered into in connection with the A$86 million ($75 million) mortgage loan on the Hilton Melbourne South Wharf.

(2)	The swap was entered into in connection with the NZ$105 million ($82 million) mortgage loan on seven properties in New Zealand.

Foreign Currency Sale Contracts

The following table summarizes our foreign currency sale contracts (in millions):

Currently Outstanding						Change in Fair Value - All Contracts
	Total
	Transaction		Total			Gain (Loss)					Gain (Loss)
Transaction Date	Amount in Foreign		Transaction Amount		Forward Purchase	Quarter ended September 30,					Year-to-date ended September 30,
Range	Currency		in Dollars		Date Range	2014		2013			2014		2013
July 2011-May 2014	€	100	$	135	August 2015-May 2017	$	12	$	(6	)	$	13	$	(2	)

Draws on Credit Facility that are Designated as Net Investments in Foreign Operations

The following table summarizes the draws on our credit facility that are designated as hedges of net investments in foreign operations (in millions):


					Gain (Loss)					Gain (Loss)
	Balance Outstanding		Balance Outstanding in		Quarter ended September 30,					Year-to-date ended September 30,
Currency	US$		Foreign Currency		2014		2013			2014		2013
Canadian dollars ⁽¹⁾	$	28	C$	31	$	1	$	(1	)	$	1	$	1
Euros	$	97	€	77	$	8	$	(3	)	$	9	$	(3	)

(1)	We have an additional $67 million outstanding on the credit facility in Canadian dollars, which draw has not been designated as a hedging instrument.

Fair Values of Certain Financial Liabilities and Other Financial Instruments

The fair value of certain financial liabilities is shown below (in millions):



	September 30, 2014				December 31, 2013
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Financial liabilities
Senior notes (Level 1)	$	2,498	$	2,662	$	2,647	$	2,766
Exchangeable Senior Debentures (Level 1)		382		662		371		603
Credit facility (Level 2)		712		712		946		946
Mortgage debt and other, excluding capital leases (Level 2)		419		426		793		802

Geographic Information (Tables)

9 Months Ended

Sep. 30, 2014

Segment Reporting [Abstract]

Revenues and Long-Lived Assets by Geographical Area

The following table presents total revenues and property and equipment for each of the geographical areas in which we operate (in millions):

	Revenues								Property and Equipment, net
	Quarter ended September 30,				Year-to-date ended September 30,				September 30,		December 31,
	2014		2013		2014		2013		2014		2013
United States	$	1,225	$	1,148	$	3,826	$	3,640	$	10,149	$	10,498
Australia		10		10		29		30		109		106
Brazil		9		7		29		22		84		76
Canada		22		22		65		69		82		89
Chile		7		7		23		24		46		54
Mexico		7		6		21		17		30		32
New Zealand		14		11		41		33		129		140
Total	$	1,294	$	1,211	$	4,034	$	3,835	$	10,629	$	10,995

Non-controlling Interests (Tables)

9 Months Ended

Sep. 30, 2014

Noncontrolling Interest [Abstract]

Historical Cost and Redemption Values for Non-Controlling Interests

The table below details the historical cost and redemption values for the non-controlling interests:

	September 30, 2014		December 31, 2013
OP units outstanding (millions)		9.4		9.5
Market price per Host Inc. common share	$	21.33	$	19.44
Shares issuable upon conversion of one OP unit		1.021494		1.021494
Redemption value (millions)	$	204	$	190
Historical cost (millions)		94		95
Book value (millions) ⁽¹⁾		204		190

(1)	The book value recorded is equal to the greater of redemption value or historical cost.

Supplemental Disclosure of Noncash Investing and Financing Activities (Host Hotels & Resorts, Inc) - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	1 Months Ended	9 Months Ended
	Mar. 31, 2013	Sep. 30, 2014	Sep. 30, 2013
Other Significant Noncash Transactions [Line Items]
Shares issued for converted units, shares		0.2	0.2
Redemptions of limited partner interests for common stock		$ 4	$ 3
Exchangeable Senior Debentures 3.25%
Other Significant Noncash Transactions [Line Items]
Exchangeable Debentures	$ 174
Debt interest rate	3.25%
Debt converted into shares of Host Inc. common stock	11.7

Supplemental Disclosure of Noncash Investing and Financing Activities (HOST HOTELS & RESORTS, L.P.) - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	1 Months Ended	9 Months Ended
	Mar. 31, 2013	Sep. 30, 2014	Sep. 30, 2013
Redemptions of limited partner interests for common stock		$ 4	$ 3
Shares issued for converted units, shares		0.2	0.2
Exchangeable Senior Debentures 3.25%
Exchangeable Debentures	$ 174
Debt interest rate	3.25%
Debt converted into shares of Host Inc. common stock	11.7
HOST HOTELS & RESORTS L.P.
Redemptions of limited partner interests for common stock		$ 4	$ 3
Shares issued for converted units, shares		0.2	0.2
HOST HOTELS & RESORTS L.P. \| Exchangeable Senior Debentures 3.25%
Exchangeable Debentures	$ 174
Debt interest rate	3.25%
Debt converted into shares of Host Inc. common stock	11.7
Common OP unit issuances (units)	11.5

Organization - Additional Information (Detail)	Sep. 30, 2014 Hotel Fund
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotels	115
Australia
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotels	1
European Joint Venture
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotels	20
Number of funds \| Fund	2
European Joint Venture \| Fund I
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Investment ownership percentage	32.10%
Number of hotels	11
European Joint Venture \| Fund II
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Investment ownership percentage	33.40%
Number of hotels	9
Asian Joint Venture
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Investment ownership percentage	25.00%
Asian Joint Venture \| Australia
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotels	1
Asian Joint Venture \| India
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Number of hotels	3
Number of hotels in various stages of development	4
HOST HOTELS & RESORTS, INC.
Organization Consolidation And Presentation Of Financial Statements Disclosure [Line Items]
Percentage of the common OP Units	99.00%

Consolidated Portfolio of Hotels by Location (Detail)	Sep. 30, 2014 Hotel
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	115
European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	20
United States
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	100
Australia
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	1
Brazil
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	1
Canada
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	3
Chile
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	2
Mexico
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	1
New Zealand
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	7
Belgium \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	3
France \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	4
Germany \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	2
Italy \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	3
Poland \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	1
Spain \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	2
Sweden \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	1
The Netherlands \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	2
United Kingdom \| European Joint Venture
Segment Reporting Other Significant Reconciling Item [Line Items]
Hotels	2

Host Inc. Earnings Per Common Share (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Earnings Per Share [Abstract]

Net income

$ 145

$ 18

$ 489

$ 199

Less: Net (income) loss attributable to non-controlling interests

(1)

(11)

(5)

Net income attributable to Host Inc.

144

478

194

Diluted income attributable to Host Inc.

$ 144

$ 19

$ 478

$ 194

Basic weighted average shares outstanding

755.6

749.0

755.3

740.9

Assuming weighted average shares for conversion of exchangeable senior debentures

3.2

Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market

0.8

0.7

0.8

Diluted weighted average shares outstanding

^[1]

756.4

749.7

756.0

744.9

Basic earnings per common share

$ 0.19

$ 0.03

$ 0.63

$ 0.26

Diluted earnings per common share

$ 0.19

$ 0.03

$ 0.63

$ 0.26

[1]

Host Inc. Earnings Per Common Share (Parenthetical) (Detail) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Earnings Per Share [Abstract]
Anti-dilutive shares which were not included in the computation of diluted EPS	30	30	30	29

Host LP Earnings Per Common Unit (Detail) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2014

Sep. 30, 2013

Sep. 30, 2014

Sep. 30, 2013

Earnings Per Share Diluted [Line Items]

Net income

$ 145

$ 18

$ 489

$ 199

Less: Net (income) loss attributable to non-controlling interests

(1)

(11)

(5)

Net income attributable to Host L.P.

$ 144

$ 19

$ 478

$ 194

Basic weighted average units outstanding

755.6

749.0

755.3

740.9

Assuming weighted average units for conversion of exchangeable senior debentures

3.2

Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market

0.8

0.7

0.8

Diluted weighted average shares outstanding

^[1]

756.4

749.7

756.0

744.9

Basic earnings per common unit

$ 0.19

$ 0.03

$ 0.63

$ 0.26

Diluted earnings per common unit

$ 0.19

$ 0.03

$ 0.63

$ 0.26

Earnings Per Share Diluted [Line Items]

Net income

$ 145

$ 18

$ 489

$ 199

Less: Net (income) loss attributable to non-controlling interests

(4)

(2)

Net income attributable to Host L.P.

146

485

197

Diluted income attributable to Host L.P.

$ 146

$ 19

$ 485

$ 197

Basic weighted average units outstanding

749.1

743.0

748.8

735.1

Assuming weighted average units for conversion of exchangeable senior debentures

3.1

Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market

0.8

0.6

0.7

0.8

Diluted weighted average shares outstanding

^[2]

749.9

743.6

749.5

739.0

Basic earnings per common unit

$ 0.19

$ 0.03

$ 0.65

$ 0.27

Diluted earnings per common unit

$ 0.19

$ 0.03

$ 0.65

$ 0.27

[1]

[2]

Host LP Earnings Per Common Unit (Parenthetical) (Detail) - shares shares in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Earnings Per Share Diluted [Line Items]
Anti-dilutive shares which were not included in the computation of diluted EPS	30	30	30	29
HOST HOTELS & RESORTS L.P.
Earnings Per Share Diluted [Line Items]
Anti-dilutive shares which were not included in the computation of diluted EPS	30	29	30	29

Summary of Property and Equipment (Detail) - USD ($) $ in Millions	Sep. 30, 2014	Dec. 31, 2013
Property Plant And Equipment [Abstract]
Land and land improvements	$ 1,993	$ 1,973
Buildings and leasehold improvements	13,318	13,435
Furniture and equipment	2,209	2,223
Construction in progress	188	176
Property, Plant and Equipment, Gross, Total	17,708	17,807
Less accumulated depreciation and amortization	(7,079)	(6,812)
Property and equipment, net	$ 10,629	$ 10,995

Investments in Affiliates - Additional Information (Detail) € in Millions, £ in Millions, $ in Millions			1 Months Ended		9 Months Ended
	Oct. 16, 2014 USD ($) Room	Oct. 16, 2014 GBP (£) Room	Sep. 30, 2014 USD ($) Room	Sep. 30, 2014 EUR (€) Room	Sep. 30, 2014 USD ($) Room	Sep. 30, 2013 USD ($)
Investments In And Advances To Affiliates [Line Items]
Proceeds from sales of assets, net \| $					$ 274	$ 446
European Joint Venture \| Grand Hotel Esplanade
Investments In And Advances To Affiliates [Line Items]
Investment ownership percentage			90.00%	90.00%	90.00%
Acquisition date total consideration transferred			$ 102	€ 81
Number of rooms			394	394	394
Amount of debt assumed at acquisition			$ 61	€ 48
Amount contributed at acquisition			$ 14	€ 10
European Joint Venture \| Grand Hotel Esplanade \| EURIBOR
Investments In And Advances To Affiliates [Line Items]
Debt instrument basis points over euribor			2.19%	2.19%
European Joint Venture \| Sheraton Skyline Hotel And Conference Centre \| Subsequent Event
Investments In And Advances To Affiliates [Line Items]
Number of rooms	350	350
Proceeds from sales of assets, net	$ 53	£ 33

Equity Allocation between Controlling and Non-Controlling Interests (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Stockholders Equity Note [Line Items]
Beginning Balance			$ 7,262
Net income attributable to Host L.P.	$ 144	$ 19	478	$ 194
Net income attributable to non-controlling interests	(1)	(1)	4	2
Net income	2		7	3
Other comprehensive loss	(35)	$ 12	(23)	$ (12)
Ending Balance	7,350		7,350
HOST HOTELS & RESORTS, INC.
Stockholders Equity Note [Line Items]
Beginning Balance			7,262
Net income			482
Issuance of common stock			15
Dividends declared on common stock			(370)
Distributions to non-controlling interests			(5)
Other changes in ownership			(11)
Other comprehensive loss			(23)
Ending Balance	7,350		7,350
HOST HOTELS & RESORTS, INC. \| Parent
Stockholders Equity Note [Line Items]
Beginning Balance			7,228
Net income attributable to Host L.P.			478
Issuance of common stock			15
Dividends declared on common stock			(370)
Other changes in ownership			(13)
Other comprehensive loss			(23)
Ending Balance	7,315		7,315
HOST HOTELS & RESORTS, INC. \| Non-controlling Interests of Consolidated Partnerships
Stockholders Equity Note [Line Items]
Beginning Balance			34
Net income attributable to non-controlling interests			4
Distributions to non-controlling interests			(5)
Other changes in ownership			2
Ending Balance	35		35
HOST HOTELS & RESORTS, INC. \| Redeemable non-controlling interests
Stockholders Equity Note [Line Items]
Beginning Balance			190
Net income			7
Distributions to non-controlling interests			(4)
Other changes in ownership			11
Ending Balance	$ 204		$ 204

Equity of Host Inc. and Capital of Host L.P. - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2014 $ / shares	Dec. 31, 2013
HOST HOTELS & RESORTS, INC.
Stockholders Equity Note [Line Items]
Percentage of the common OP Units	99.00%
Dividend declaration date	Jul. 31, 2014
Dividend per share, declared	$ 0.20
Dividend payable date	Oct. 15, 2014
Dividend record date	Sep. 30, 2014
HOST HOTELS & RESORTS L.P.
Stockholders Equity Note [Line Items]
Shares issuable upon conversion of one OP unit	1.021494	1.021494
Common OP units, distribution paid	$ 0.2042988

Capital Allocation between Controlling and Non-Controlling Interests (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Limited Partners Capital Account [Line Items]
Beginning Balance			$ 7,262
Net income attributable to Host L.P.	$ 144	$ 19	478	$ 194
Net income attributable to non-controlling interests	(1)	(1)	4	2
Net income	2		7	3
Other comprehensive loss	(35)	12	(23)	(12)
Ending Balance	7,350		7,350
HOST HOTELS & RESORTS L.P.
Limited Partners Capital Account [Line Items]
Beginning Balance			7,262
Net income attributable to Host L.P.	146	19	485	197
Net income			482
Issuance of common stock			15
Dividends declared on common stock			(370)
Distributions to non-controlling interests			(5)
Other changes in ownership			(11)
Other comprehensive loss	(35)	$ 12	(23)	$ (12)
Ending Balance	7,350		7,350
HOST HOTELS & RESORTS L.P. \| Parent
Limited Partners Capital Account [Line Items]
Beginning Balance			7,228
Net income attributable to Host L.P.			478
Issuance of common stock			15
Dividends declared on common stock			(370)
Other changes in ownership			(13)
Other comprehensive loss			(23)
Ending Balance	7,315		7,315
HOST HOTELS & RESORTS L.P. \| Non-controlling Interests of Consolidated Partnerships
Limited Partners Capital Account [Line Items]
Net income attributable to non-controlling interests			4
Distributions to non-controlling interests			(5)
Other changes in ownership			2
Ending Balance	35		35
HOST HOTELS & RESORTS L.P. \| Limited Partnership Interests Of Third Parties
Limited Partners Capital Account [Line Items]
Beginning Balance			190
Net income			7
Distributions to non-controlling interests			(4)
Other changes in ownership			11
Ending Balance	$ 204		$ 204

Dispositions - Additional Information (Detail) $ in Millions		3 Months Ended		9 Months Ended		12 Months Ended
	Oct. 01, 2014 USD ($)	Dec. 31, 2014 USD ($)	Mar. 31, 2014 USD ($)	Sep. 30, 2014 USD ($)	Sep. 30, 2013 USD ($)	Dec. 31, 2013 Hotel
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net				$ 274	$ 446
Number of properties sold \| Hotel						5
Tampa Marriott Waterside Hotel And Marina \| Subsequent Event
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net	$ 199
FF&E replacement fund retained at the hotel	$ 9
Gain on sale of property		$ 115
Philadelphia Marriott Downtown
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Percentage of controlling interest sold			89.00%
Gross sales price			$ 303
Courtyard Nashua
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net			$ 10

Summary of Results of Operations for Hotel Held for Sale and Two Hotels Sold in Twenty Fourteen which are Included in Continuing Operations (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Discontinued Operations And Disposal Groups [Abstract]
Revenues	$ 11	$ 35	$ 45	$ 117
Income before income taxes	$ 2	$ 1	11	$ 14
Gain on disposition			$ 112

Summary of Results of Operations for Five Hotels Sold in Twenty Thirteen which are Included in Discontinued Operations (Detail) - USD ($) $ in Millions	3 Months Ended	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Discontinued Operations And Disposal Groups [Abstract]
Revenues	$ 21		$ 91
Income before income taxes	3		20
Gain on disposition, net of tax	$ 14	$ 0	$ 32

Acquisitions - Additional Information (Detail) $ in Millions			3 Months Ended	9 Months Ended
	Aug. 11, 2014 USD ($) Room	Jan. 21, 2014 USD ($) Room	Sep. 30, 2014 USD ($)	Sep. 30, 2014 USD ($)
Business Acquisition [Line Items]
Acquisition-related expenses				$ 2
Pro forma, total revenues			$ 3	7
Pro forma, net income				$ 2
Powell Hotel San Francisco California
Business Acquisition [Line Items]
Number of rooms \| Room		151
Acquisition purchase price		$ 75
b2 Miami downtown hotel
Business Acquisition [Line Items]
Number of rooms \| Room	242
Acquisition purchase price	$ 58

Estimated Fair Value of Assets Acquired and Liabilities Assumed in Acquisitions (Detail) $ in Millions	Sep. 30, 2014 USD ($)
Business Combinations [Abstract]
Property and equipment	$ 131
Other assets	3
Total assets	134
Other liabilities	(1)
Net assets acquired	$ 133

Summary of Unaudited Consolidated Pro Forma Results of Operations (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013
Business Acquisition, Pro Forma Information [Abstract]
Revenues	$ 1,295	$ 1,215	$ 4,042	$ 3,843
Income from continuing operations	145	3	492	154
Net income	145	19	492	201
HOST HOTELS & RESORTS, INC.
Business Acquisition, Pro Forma Information [Abstract]
Net income attributable to Host Inc.	$ 144	$ 20	$ 481	$ 196
Basic earnings per common share:
Continuing operations	$ 0.19	$ 0.01	$ 0.64	$ 0.20
Discontinued operations		0.02		0.06
Basic earnings per common share	0.19	0.03	0.64	0.26
Diluted earnings per common share:
Continuing operations	0.19	0.01	0.64	0.20
Discontinued operations		0.02		0.06
Diluted earnings per common share	0.19	0.03	0.64	0.26
Basic earnings per common unit:
Continuing operations	0.19	0.01	0.64	0.20
Basic earnings per common share	0.19	0.03	0.64	0.26
Diluted earnings per common unit:
Continuing operations	0.19	0.01	0.64	0.20
Diluted earnings per common share	$ 0.19	$ 0.03	$ 0.64	$ 0.26
HOST HOTELS & RESORTS L.P.
Business Acquisition, Pro Forma Information [Abstract]
Net income attributable to Host Inc.	$ 146	$ 20	$ 488	$ 199
Basic earnings per common share:
Continuing operations	$ 0.19	$ 0.01	$ 0.65	$ 0.21
Basic earnings per common share	0.19	0.03	0.65	0.27
Diluted earnings per common share:
Continuing operations	0.19	0.01	0.65	0.21
Diluted earnings per common share	0.19	0.03	0.65	0.27
Basic earnings per common unit:
Continuing operations	0.19	0.01	0.65	0.21
Discontinued operations		0.02		0.06
Basic earnings per common share	0.19	0.03	0.65	0.27
Diluted earnings per common unit:
Continuing operations	0.19	0.01	0.65	0.21
Discontinued operations		0.02		0.06
Diluted earnings per common share	$ 0.19	$ 0.03	$ 0.65	$ 0.27

Fair Value of Financial Assets and Liabilities (Detail) - USD ($)
$ in Millions

Sep. 30, 2014

Dec. 31, 2013

Foreign currency forward sale contracts

Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]

Fair value measurements on a recurring basis, Assets

^[1]

$ 7

$ 3

Fair value measurements on a recurring basis, Liabilities

^[1]

(6)

Interest rate swap derivatives

Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]

Fair value measurements on a recurring basis, Assets

^[1]

Fair value measurements on a recurring basis, Liabilities

^[1]

(2)

(3)

Impaired Hotel Properties Held And Used

Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]

Fair value measurements on a non-recurring basis, Impaired hotel properties held and used

Significant Other Observable Inputs (Level 2) | Foreign currency forward sale contracts

Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]

Fair value measurements on a recurring basis, Assets

^[1]

Fair value measurements on a recurring basis, Liabilities

^[1]

(6)

Significant Other Observable Inputs (Level 2) | Interest rate swap derivatives

Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]

Fair value measurements on a recurring basis, Assets

^[1]

Fair value measurements on a recurring basis, Liabilities

^[1]

(2)

(3)

Significant Unobservable Inputs (Level 3) | Impaired Hotel Properties Held And Used

Fair Value Balance Sheet Grouping Financial Statement Captions [Line Items]

Fair value measurements on a non-recurring basis, Impaired hotel properties held and used

$ 18

$ 9

[1]	These derivative contracts have been designated as hedging instruments.

Interest Rate Swap Derivatives Designated as Cash Flow Hedges (Detail)
$ in Millions, $ in Millions, $ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2014

USD ($)

Sep. 30, 2013

USD ($)

Sep. 30, 2014

USD ($)

Sep. 30, 2013

USD ($)

Sep. 30, 2014

AUD ($)

Sep. 30, 2014

NZD ($)

Derivative [Line Items]

Change in fair value of derivative instruments

$ 12

$ (5)

$ 13

Cash Flow Hedging | Interest Rate Swap | Swap Entered In Connection With Mortgage Loan On Hilton Melbourne South Wharf

Derivative [Line Items]

Transaction Date

^[1]

November 2011

Notional Amount

^[1]

$ 62

Maturity Date

^[1]

2016-11

Swapped Index

^[1]

Reuters BBSY

All-in-Rate

^[1]

6.70%

Change in fair value of derivative instruments

^[1]

$ 0

$ 1

Cash Flow Hedging | Interest Rate Swap | Swap Entered In Connection With Seven Properties | New Zealand

Derivative [Line Items]

Transaction Date

^[2]

February 2011

Notional Amount

^[2]

$ 79

Maturity Date

^[2]

2016-02

Swapped Index

^[2]

NZ$ Bank Bill

All-in-Rate

^[2]

7.15%

Change in fair value of derivative instruments

^[2]

$ 0

$ 1

[1]	The swap was entered into in connection with the A$86 million ($75 million) mortgage loan on the Hilton Melbourne South Wharf.
[2]	The swap was entered into in connection with the NZ$105 million ($82 million) mortgage loan on seven properties in New Zealand.

Interest Rate Swap Derivatives Designated as Cash Flow Hedges (Parenthetical) (Detail) $ in Millions, $ in Millions, $ in Millions	Sep. 30, 2014 USD ($) Hotel	Sep. 30, 2014 AUD ($) Hotel	Sep. 30, 2014 NZD ($) Hotel	Dec. 31, 2013 USD ($)
Derivative [Line Items]
Mortgage debt \| $	$ 407			$ 709
Hotels	115	115	115
New Zealand
Derivative [Line Items]
Hotels	7	7	7
Interest Rate Swap \| New Zealand
Derivative [Line Items]
Mortgage debt	$ 82		$ 105
Hotels	7	7	7
Interest Rate Swap \| Swap Entered In Connection With Mortgage Loan On Hilton Melbourne South Wharf
Derivative [Line Items]
Mortgage debt	$ 75	$ 86

Fair Value Measurements - Additional Information (Detail) $ in Millions	3 Months Ended
	Sep. 30, 2014 USD ($) Contract Assets	Dec. 31, 2013 USD ($)
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Number of foreign currency forward contracts outstanding \| Contract	4
Impairment loss	$ 6
Number of properties impaired \| Assets	1
Impaired Hotel Properties Held And Used
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value measurements on a non-recurring basis, Impaired hotel properties held and used	$ 18	$ 9
Impaired Hotel Properties Held And Used \| Significant Unobservable Inputs (Level 3)
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Fair value measurements on a non-recurring basis, Impaired hotel properties held and used	$ 18	$ 9

Foreign Currency Sale Contracts (Detail) - Foreign Exchange Contract - European Joint Venture € in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014 USD ($)	Sep. 30, 2013 USD ($)	Sep. 30, 2014 USD ($)	Sep. 30, 2013 USD ($)	Sep. 30, 2014 EUR (€)
Derivative [Line Items]
Transaction Date Range			July 2011-May 2014
Total transaction amount	$ 135		$ 135		€ 100
Forward purchase date range			August 2015-May 2017
Change in fair value gain (loss)	$ 12	$ (6)	$ 13	$ (2)

Draws on Credit Facility that are Designated as Net Investments in Foreign Operations (Detail)
€ in Millions, $ in Millions, $ in Millions

3 Months Ended

9 Months Ended

Sep. 30, 2014

USD ($)

Sep. 30, 2013

USD ($)

Sep. 30, 2014

USD ($)

Sep. 30, 2013

USD ($)

Sep. 30, 2014

EUR (€)

Sep. 30, 2014

CAD ($)

Dec. 31, 2013

USD ($)

Debt Instrument Designated As Hedges Of Net Investment In Foreign Operations [Line Items]

Balance Outstanding

$ 712

$ 946

$ 712

$ 946

Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates

(47)

(36)

(12)

Canadian Dollars

Debt Instrument Designated As Hedges Of Net Investment In Foreign Operations [Line Items]

Balance Outstanding

^[1]

$ 31

Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates

^[1]

(1)

Euros

Debt Instrument Designated As Hedges Of Net Investment In Foreign Operations [Line Items]

Balance Outstanding

€ 77

Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates

$ 8

$ (3)

$ 9

$ (3)

[1]	We have an additional $67 million outstanding on the credit facility in Canadian dollars, which draw has not been designated as a hedging instrument.

Derivative Instruments And Hedging Activities Disclosures [Line Items]

Draws on Credit Facility that are Designated as Net Investments in Foreign Operations (Parenthetical) (Detail)
$ in Millions, $ in Millions

Sep. 30, 2014

USD ($)

Sep. 30, 2014

CAD ($)

Dec. 31, 2013

USD ($)

Sep. 30, 2013

USD ($)

Derivative Instruments And Hedging Activities Disclosures [Line Items]

$ 712

$ 946

Canadian Dollars

Canadian Dollars | Not Designated as Hedging Instrument

^[1]

$ 31

Derivative Instruments And Hedging Activities Disclosures [Line Items]

$ 67

[1]	We have an additional $67 million outstanding on the credit facility in Canadian dollars, which draw has not been designated as a hedging instrument.

Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]

Fair Values of Certain Financial Liabilities and Other Financial Instruments (Detail) - USD ($) $ in Millions	Sep. 30, 2014	Dec. 31, 2013	Sep. 30, 2013
Financial liabilities
Exchangeable Senior Debentures (Level 1), carrying value	$ 382	$ 371	$ 371
Credit facility (Level 2), carrying value	712	946	946
Mortgage Backed Securities, Other
Financial liabilities
Mortgage debt and other, excluding capital leases (Level 2), carrying value	419		793
Senior Notes
Financial liabilities
Senior notes (Level 1)	2,498		$ 2,647
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial liabilities
Exchangeable Senior Debentures (Level 1), fair value	662	603
Quoted Prices in Active Markets for Identical Assets (Level 1) \| Senior Notes
Financial liabilities
Senior notes (Level 1), fair value	2,662	2,766
Significant Other Observable Inputs (Level 2)
Financial liabilities
Credit facility (Level 2), fair value	712	946
Significant Other Observable Inputs (Level 2) \| Mortgage Backed Securities, Other
Financial liabilities
Mortgage debt and other, excluding capital leases (Level 2), fair value	$ 426	$ 802

Geographic Information - Additional Information (Detail)	9 Months Ended
	Sep. 30, 2014 Entity Country
Segment Reporting [Abstract]
Number of operating segments \| Entity	1
Foreign operations, number of countries \| Country	6

Revenues and Long-Lived Assets by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014	Sep. 30, 2013	Sep. 30, 2014	Sep. 30, 2013	Dec. 31, 2013
Segment Reporting Information [Line Items]
Revenues	$ 1,294	$ 1,211	$ 4,034	$ 3,835
Property and equipment, net	10,629		10,629		$ 10,995
United States
Segment Reporting Information [Line Items]
Revenues	1,225	1,148	3,826	3,640
Property and equipment, net	10,149		10,149		10,498
Australia
Segment Reporting Information [Line Items]
Revenues	10	10	29	30
Property and equipment, net	109		109		106
Brazil
Segment Reporting Information [Line Items]
Revenues	9	7	29	22
Property and equipment, net	84		84		76
Canada
Segment Reporting Information [Line Items]
Revenues	22	22	65	69
Property and equipment, net	82		82		89
Chile
Segment Reporting Information [Line Items]
Revenues	7	7	23	24
Property and equipment, net	46		46		54
Mexico
Segment Reporting Information [Line Items]
Revenues	7	6	21	17
Property and equipment, net	30		30		32
New Zealand
Segment Reporting Information [Line Items]
Revenues	14	$ 11	41	$ 33
Property and equipment, net	$ 129		$ 129		$ 140

Non-Controlling Interests - Additional Information (Detail) $ in Millions	3 Months Ended		9 Months Ended
	Sep. 30, 2014 USD ($) Entity	Sep. 30, 2013 USD ($)	Sep. 30, 2014 USD ($) Entity	Sep. 30, 2013 USD ($)	Dec. 31, 2013 USD ($)
Minority Interest [Line Items]
Number of majority-owned partnerships that have third-party, non-controlling ownership interests that have been consolidated \| Entity	6		6
Non-controlling interests—other consolidated partnerships	$ 35		$ 35		$ 34
Number of majority-owned partnerships that have third-party, non-controlling ownership interests with finite lives \| Entity	2		2
Non-controlling interests in outside partnerships, fair value	$ 70		$ 70		$ 68
Net income attributable to non-controlling interests outside partnerships	(1)	$ (1)	4	$ 2
Net income	$ 2		$ 7	$ 3
HOST HOTELS & RESORTS L.P.
Minority Interest [Line Items]
OP units conversion basis			One common OP unit may be exchanged into 1.021494 shares of Host Inc
Shares issuable upon conversion of one OP unit	1.021494		1.021494		1.021494
Lower Limit
Minority Interest [Line Items]
Majority-owned partnerships with mandatorily redeemable non-controlling interests, termination year			2081
Upper Limit
Minority Interest [Line Items]
Majority-owned partnerships with mandatorily redeemable non-controlling interests, termination year			2095

Historical Cost and Redemption Values for Non-Controlling Interests (Detail)
$ / shares in Units, shares in Millions, $ in Millions

Sep. 30, 2014

USD ($)

$ / shares

Dec. 31, 2013

USD ($)

$ / shares

Book value

$ 204

$ 190