Host Hotels & Resorts (HST) 10-K 24 Feb 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2016	Feb. 20, 2017	Jun. 30, 2016
Document And Entity Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	HST
Entity Registrant Name	HOST HOTELS & RESORTS, INC.
Entity Central Index Key	1,070,750
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		739,251,195
Entity Public Float			$ 11,770,575,794
HOST HOTELS & RESORTS L.P.
Document And Entity Information [Line Items]
Entity Registrant Name	HOST HOTELS & RESORTS L.P.
Entity Central Index Key	1,061,937
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Non-accelerated Filer
Entity Common Stock, Shares Outstanding		732,232,279

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
ASSETS
Property and equipment, net		$ 10,145	$ 10,583
Assets held for sale		150	55
Due from managers		55	56
Advances to and investments in affiliates		286	324
Furniture, fixtures and equipment replacement fund		173	141
Other		225	261
Restricted cash		2	15
Cash and cash equivalents		372	221
Total assets		11,408	11,656
Debt
Senior notes		2,380	2,376
Credit facility, including term loans of $997 million and $996 million, respectively		1,206	1,291
Mortgage debt		63	200
Total debt		3,649	3,867
Accounts payable and accrued expenses		278	243
Other		283	299
Total liabilities		4,210	4,409
Partnership interests		165	143
Host Hotels & Resorts, Inc. stockholders’ equity:
Common stock, par value $.01, 1,050 million shares authorized, 737.8 million shares and 750.3 million shares issued and outstanding, respectively		7	8
Additional paid-in capital		8,077	8,302
Accumulated other comprehensive loss		(83)	(107)
Deficit		(1,007)	(1,139)
Total equity of Host Hotels & Resorts, Inc. stockholders		6,994	7,064
Non-controlling interests—other consolidated partnerships		39	40
Total equity		7,033	7,104
Total liabilities, non-controlling interests and equity		11,408	11,656
Host Hotels & Resorts, L.P. capital:
Accumulated other comprehensive loss		(83)	(107)
HOST HOTELS & RESORTS L.P.
ASSETS
Property and equipment, net		10,145	10,583
Assets held for sale		150	55
Due from managers		55	56
Advances to and investments in affiliates		286	324
Furniture, fixtures and equipment replacement fund		173	141
Other		225	261
Restricted cash		2	15
Cash and cash equivalents		372	221
Total assets		11,408	11,656
Debt
Senior notes		2,380	2,376
Credit facility, including term loans of $997 million and $996 million, respectively		1,206	1,291
Mortgage debt		63	200
Total debt		3,649	3,867
Accounts payable and accrued expenses		278	243
Other		283	299
Total liabilities		4,210	4,409
Partnership interests	[1]	165	143
Host Hotels & Resorts, Inc. stockholders’ equity:
Accumulated other comprehensive loss		(83)	(107)
Total liabilities, non-controlling interests and equity		11,408	11,656
Host Hotels & Resorts, L.P. capital:
General partner		1	1
Limited partner		7,076	7,170
Accumulated other comprehensive loss		(83)	(107)
Total Host Hotels & Resorts, L.P. capital		6,994	7,064
Non-controlling interests—consolidated partnerships		39	40
Total capital		$ 7,033	$ 7,104
[1]	The book value recorded is equal to the greater of the redemption value or the historical cost.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Credit facility	$ 1,206	$ 1,291
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	1,050,000,000	1,050,000,000
Common stock, shares issued	737,800,000	750,300,000
Common stock, shares outstanding	737,800,000	750,300,000
HOST HOTELS & RESORTS L.P.
Credit facility	$ 1,206	$ 1,291
Term Loan
Credit facility	997	996
Term Loan | HOST HOTELS & RESORTS L.P.
Credit facility	$ 997	$ 996

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015		Dec. 31, 2014
REVENUES
Rooms	$ 3,492	$ 3,465		$ 3,452
Food and beverage	1,599	1,568		1,546
Other	339	317		323
Total revenues	5,430	5,350		5,321
EXPENSES
Rooms	893	902		924
Food and beverage	1,114	1,110		1,109
Other departmental and support expenses	1,306	1,295		1,264
Management fees	236	226		227
Other property-level expenses	382	386		377
Depreciation and amortization	724	708		693
Corporate and other expenses	106	94		43
Gain on insurance and business interruption settlements	(15)	(2)		(10)
Total operating costs and expenses	4,746	4,719		4,627
OPERATING PROFIT	684	631		694
Interest income	3	4		4
Interest expense	(154)	(227)	[1]	(207)	[1]
Gain on sale of assets	253	95		236
Gain (loss) on foreign currency transactions and derivatives	4	(5)		(1)
Equity in earnings of affiliates	21	76		29
INCOME BEFORE INCOME TAXES	811	574		755
Provision for income taxes	(40)	(9)		(14)
NET INCOME	771	565		741
Less: Net (income) loss attributable to non-controlling interests	(9)	(7)		(9)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 762	$ 558		$ 732
Basic earnings per common share	$ 1.03	$ 0.74		$ 0.97
Diluted earnings per common share	$ 1.02	$ 0.74		$ 0.96
HOST HOTELS & RESORTS L.P.
REVENUES
Rooms	$ 3,492	$ 3,465		$ 3,452
Food and beverage	1,599	1,568		1,546
Other	339	317		323
Total revenues	5,430	5,350		5,321
EXPENSES
Rooms	893	902		924
Food and beverage	1,114	1,110		1,109
Other departmental and support expenses	1,306	1,295		1,264
Management fees	236	226		227
Other property-level expenses	382	386		377
Depreciation and amortization	724	708		693
Corporate and other expenses	106	94		43
Gain on insurance and business interruption settlements	(15)	(2)		(10)
Total operating costs and expenses	4,746	4,719		4,627
OPERATING PROFIT	684	631		694
Interest income	3	4		4
Interest expense	(154)	(227)		(207)
Gain on sale of assets	253	95		236
Gain (loss) on foreign currency transactions and derivatives	4	(5)		(1)
Equity in earnings of affiliates	21	76		29
INCOME BEFORE INCOME TAXES	811	574		755
Provision for income taxes	(40)	(9)		(14)
NET INCOME	771	565		741
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 771	$ 565		$ 741
Basic earnings per common share	$ 1.05	$ 0.76		$ 0.99
Diluted earnings per common share	$ 1.05	$ 0.76		$ 0.99
[1]	Interest expense and interest paid for 2015 and 2014 include cash prepayment premiums of approximately $30 million and $2 million, respectively.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
NET INCOME	$ 771	$ 565	$ 741
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates		(71)	(60)
Change in fair value of derivative instruments	7	11	19
Amounts reclassified from other comprehensive income (loss)	17	3
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	24	(57)	(41)
COMPREHENSIVE INCOME	795	508	700
Less: Comprehensive (income) loss attributable to non-controlling interests	(8)	(5)	(9)
COMPREHENSIVE INCOME ATTRIBUTABLE TO REPORTING ENTITY	787	503	691
HOST HOTELS & RESORTS L.P.
NET INCOME	771	565	741
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX:
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates		(71)	(60)
Change in fair value of derivative instruments	7	11	19
Amounts reclassified from other comprehensive income (loss)	17	3	0
OTHER COMPREHENSIVE INCOME (LOSS), NET OF TAX	24	(57)	(41)
COMPREHENSIVE INCOME	795	508	700
Less: Comprehensive (income) loss attributable to non-controlling interests	1	2
COMPREHENSIVE INCOME ATTRIBUTABLE TO REPORTING ENTITY	$ 796	$ 510	$ 700

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) shares in Millions, $ in Millions	Total	Common Stock	Additional Paid-in Capital	Accumulated Other Comprehensive Income (Loss)	Retained Earnings/(Deficit)	Non-controlling Interests of Other Consolidated Partnerships	Non-controlling Interests of Host Hotels & Resorts, L.P.
Balance at Dec. 31, 2013		$ 8	$ 8,492	$ (9)	$ (1,263)	$ 53	$ 190
Balance, shares at Dec. 31, 2013		754.8
NET INCOME	$ 741				732		9
Other changes in ownership			(39)			(1)	38
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates	(60)			(60)
Change in fair value of derivative instruments	19			19
Common stock issuances			4
Common stock issuances (shares)		0.2
Comprehensive stock and employee stock purchase plans			13
Comprehensive stock and employee stock purchase plans (shares)		0.5
Common stock dividends					(567)
Redemptions of limited partner interests for common stock	$ 6		6				(6)
Redemptions of limited partner interests for common stock (shares)	0.3	0.3
Contributions from non- controlling interests of consolidated partnerships						1
Distributions to non-controlling interests						(1)	(6)
Balance at Dec. 31, 2014		$ 8	8,476	(50)	(1,098)	52	225
Balance, shares at Dec. 31, 2014		755.8
NET INCOME	$ 565				558		7
Other changes in ownership			81			(10)	(78)
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates	(71)			(71)		(2)
Change in fair value of derivative instruments	11			11
Amounts reclassified from other comprehensive income (loss)	3			3
Common stock issuances			401
Common stock issuances (shares)		32.1
Comprehensive stock and employee stock purchase plans			16
Comprehensive stock and employee stock purchase plans (shares)		0.6
Common stock dividends					(599)
Redemptions of limited partner interests for common stock	$ 3		3				(3)
Redemptions of limited partner interests for common stock (shares)	0.1	0.1
Contributions from non- controlling interests of consolidated partnerships						2
Distributions to non-controlling interests						(2)	(8)
Repurchase of common stock			(675)
Repurchase of common stock (shares)		(38.3)
Balance at Dec. 31, 2015	$ 7,104	$ 8	8,302	(107)	(1,139)	40	143
Balance, shares at Dec. 31, 2015	750.3	750.3
NET INCOME	$ 771				762		9
Other changes in ownership			(30)				31
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates						(1)
Change in fair value of derivative instruments	7			7
Amounts reclassified from other comprehensive income (loss)	17			17
Common stock issuances			4
Common stock issuances (shares)		0.3
Comprehensive stock and employee stock purchase plans			8
Comprehensive stock and employee stock purchase plans (shares)		0.4
Common stock dividends					(630)
Redemptions of limited partner interests for common stock	$ 10		10				(10)
Redemptions of limited partner interests for common stock (shares)	0.6	0.6
Distributions to non-controlling interests							(8)
Repurchase of common stock		$ (1)	(217)
Repurchase of common stock (shares)		(13.8)
Balance at Dec. 31, 2016	$ 7,033	$ 7	$ 8,077	$ (83)	$ (1,007)	$ 39	$ 165
Balance, shares at Dec. 31, 2016	737.8	737.8

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
OPERATING ACTIVITIES
NET INCOME		$ 771	$ 565	$ 741
Adjustments to reconcile to cash provided by operations:
Depreciation and amortization		724	708	693
Amortization of finance costs, discounts and premiums, net		7	21	24
Non-cash loss on extinguishment of debt	[1]		11	2
Stock compensation expense		12	11	22
Deferred income taxes		27	5	(1)
Gain on sale of assets		(253)	(95)	(236)
(Gain) loss on foreign currency transactions and derivatives		(4)	5	1
Gain on property insurance settlement		(1)	(2)	(1)
Equity in earnings of affiliates		(21)	(76)	(29)
Change in due from managers		(6)	17	(17)
Distributions from investments in affiliates		29	27	7
Change in restricted cash for operating activities				25
Changes in other assets		12	18	(34)
Changes in other liabilities		6	(56)	(57)
Cash provided by operating activities		1,303	1,159	1,140
INVESTING ACTIVITIES
Proceeds from sales of assets, net		467	277	497
Return of investments in affiliates		23	106	42
Advances to and investments in affiliates		(5)	(4)	(65)
Acquisitions		(63)	(438)	(138)
Capital expenditures:
Renewals and replacements		(293)	(383)	(316)
Redevelopment and acquisition-related investments		(226)	(275)	(112)
New development				(13)
Change in furniture, fixtures and equipment ("FF&E") replacement fund		(31)	(10)	17
Change in restricted cash for investing activities		13	(16)
Property insurance proceeds			11	2
Cash used in investing activities		(115)	(732)	(86)
FINANCING ACTIVITIES
Financing costs			(11)	(4)
Issuances of debt			898	4
Draws on credit facility		734	845	4
Term loan issuance			500
Repayment of credit facility		(816)	(725)	(225)
Repurchase/redemption of senior notes			(1,001)	(150)
Mortgage debt and other prepayments and scheduled maturities		(137)	(35)	(384)
Issuance of common stock		4	2	4
Common stock repurchase		(218)	(675)
Dividends on common stock		(596)	(646)	(469)
Other financing activities		(8)	(9)	1
Cash used in financing activities		(1,037)	(857)	(1,219)
Effects of exchange rate changes on cash held			(15)	(8)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		151	(445)	(173)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		221	666	839
CASH AND CASH EQUIVALENTS, END OF PERIOD		372	221	666
HOST HOTELS & RESORTS L.P.
OPERATING ACTIVITIES
NET INCOME		771	565	741
Adjustments to reconcile to cash provided by operations:
Depreciation and amortization		724	708	693
Amortization of finance costs, discounts and premiums, net		7	21	24
Non-cash loss on extinguishment of debt			11	2
Stock compensation expense		12	11	22
Deferred income taxes		27	5	(1)
Gain on sale of assets		(253)	(95)	(236)
(Gain) loss on foreign currency transactions and derivatives		(4)	5	1
Gain on property insurance settlement		(1)	(2)	(1)
Equity in earnings of affiliates		(21)	(76)	(29)
Change in due from managers		(6)	17	(17)
Distributions from investments in affiliates		29	27	7
Change in restricted cash for operating activities				25
Changes in other assets		12	18	(34)
Changes in other liabilities		6	(56)	(57)
Cash provided by operating activities		1,303	1,159	1,140
INVESTING ACTIVITIES
Proceeds from sales of assets, net		467	277	497
Return of investments in affiliates		23	106	42
Advances to and investments in affiliates		(5)	(4)	(65)
Acquisitions		(63)	(438)	(138)
Capital expenditures:
Renewals and replacements		(293)	(383)	(316)
Redevelopment and acquisition-related investments		(226)	(275)	(112)
New development				(13)
Change in furniture, fixtures and equipment ("FF&E") replacement fund		(31)	(10)	17
Change in restricted cash for investing activities		13	(16)
Property insurance proceeds			11	2
Cash used in investing activities		(115)	(732)	(86)
FINANCING ACTIVITIES
Financing costs			(11)	(4)
Issuances of debt			898	4
Draws on credit facility		734	845	4
Term loan issuance			500
Repayment of credit facility		(816)	(725)	(225)
Repurchase/redemption of senior notes			(1,001)	(150)
Mortgage debt and other prepayments and scheduled maturities		(137)	(35)	(384)
Issuance of common OP units		4	2	4
Repurchase of common OP units		(218)	(675)
Distributions on common OP units		(603)	(654)	(475)
Other financing activities		(1)	(1)	7
Cash used in financing activities		(1,037)	(857)	(1,219)
Effects of exchange rate changes on cash held			(15)	(8)
INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS		151	(445)	(173)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD		221	666	839
CASH AND CASH EQUIVALENTS, END OF PERIOD		$ 372	$ 221	$ 666
[1]	Interest expense and interest paid for 2015 and 2014 include cash prepayment premiums of approximately $30 million and $2 million, respectively.

CONSOLIDATED STATEMENTS OF CAPI

CONSOLIDATED STATEMENTS OF CAPITAL - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
NET INCOME	$ 771	$ 565	$ 741
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates		(71)	(60)
Change in fair value of derivative instruments	7	11	19
Amounts reclassified from other comprehensive income (loss)	17	3
Redemptions of limited partner interests for common stock	$ 10	$ 3	$ 6
Redemptions of limited partner interests for common stock (shares)	0.6	0.1	0.3
HOST HOTELS & RESORTS L.P.
Beginning Balance	$ 7,104
NET INCOME	771	$ 565	$ 741
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates		(71)	(60)
Change in fair value of derivative instruments	7	11	19
Amounts reclassified from other comprehensive income (loss)	17	$ 3	0
Common OP unit issuances (units)		31.3
Redemptions of limited partner interests for common stock	$ 10	$ 3	$ 6
Redemptions of limited partner interests for common stock (shares)	0.6	0.1	0.3
Ending Balance	$ 7,033	$ 7,104
HOST HOTELS & RESORTS L.P. | Limited Partner
Beginning Balance	$ 7,170	$ 7,385	$ 7,236
Beginning Balance, units	734.5	739.9	738.9
NET INCOME	$ 762	$ 558	$ 732
Other changes in ownership	(30)	81	(39)
Common OP unit issuances	$ 4	$ 401	$ 4
Common OP unit issuances (units)	0.2	31.4	0.2
Units issued to Host Inc. for the comprehensive stock and employee stock purchase plans	$ 8	$ 16	$ 13
Units issued to Host Inc. for the comprehensive stock and employee stock purchase plans (units)	0.4	0.6	0.5
Distributions on common OP units	$ (630)	$ (599)	$ (567)
Redemptions of limited partner interests for common stock	$ 10	$ 3	$ 6
Redemptions of limited partner interests for common stock (shares)	0.6	0.1	0.3
Repurchase of common stock	$ (218)	$ (675)
Repurchase of common stock (shares)	(13.5)	(37.5)
Ending Balance	$ 7,076	$ 7,170	$ 7,385
Ending Balance, units	722.2	734.5	739.9
HOST HOTELS & RESORTS L.P. | General Partner
Beginning Balance	$ 1	$ 1	$ 1
Ending Balance	1	1	1
HOST HOTELS & RESORTS L.P. | Accumulated Other Comprehensive Income (Loss)
Beginning Balance	(107)	(50)	(9)
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates		(71)	(60)
Change in fair value of derivative instruments	7	11	19
Amounts reclassified from other comprehensive income (loss)	17	3
Ending Balance	(83)	(107)	(50)
HOST HOTELS & RESORTS L.P. | Non-controlling Interests of Other Consolidated Partnerships
Beginning Balance	40	52	53
Other changes in ownership		(10)	(1)
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates	(1)	(2)
Contributions from non- controlling interests of consolidated partnerships		2	1
Distributions to non-controlling interests		(2)	(1)
Ending Balance	39	40	52
HOST HOTELS & RESORTS L.P. | Limited Partnership Interests Of Third Parties
Beginning Balance	143	225	190
NET INCOME	9	7	9
Other changes in ownership	31	(78)	38
Distributions on common OP units	(8)	(8)	(6)
Redemptions of limited partner interests for common stock	(10)	(3)	(6)
Ending Balance	$ 165	$ 143	$ 225

Supplemental Schedule of Noncas

Supplemental Schedule of Noncash Investing and Financing Activities	12 Months Ended
	Dec. 31, 2016
Supplemental Schedule of Noncash Investing and Financing Activities	Supplemental schedule of noncash investing and financing activities: During 2016, 2015 and 2014, Host Inc. issued approximately 0.6 million, 0.1 million and 0.3 million shares of common stock, respectively, upon the conversion of Host L.P. units, or OP units, held by non-controlling interests valued at $10 million, $3 million and $6 million, respectively. During 2015, holders of $399 million of our 2.5% Exchangeable Senior Debentures due 2029 elected to convert their debentures into 32 million shares of Host Inc. common stock.
HOST HOTELS & RESORTS L.P.
Supplemental Schedule of Noncash Investing and Financing Activities	Supplemental schedule of noncash investing and financing activities: During 2016, 2015 and 2014, non-controlling partners converted common operating partnership units (“OP units”) valued at $10 million, $3 million and $6 million, respectively, in exchange for 0.6 million, 0.1 million and 0.3 million shares, respectively, of Host Inc. common stock. During 2015, holders of $399 million of our 2.5% Exchangeable Senior Debentures due 2029 elected to convert their debentures into 32 million shares of Host Inc. common stock. In connection with the debentures exchanged for Host Inc. common stock, Host L.P. issued 31.3 million common OP units.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies Description of Business Host Hotels & Resorts, Inc. operates as a self-managed and self-administered real estate investment trust, or REIT, with its operations conducted solely through Host Hotels & Resorts, L.P. 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 the 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.” to refer specifically to Host Hotels & Resorts, Inc. and the term “Host L.P.” to refer specifically to Host Hotels & Resorts, L.P. in cases where it is important to distinguish between Host Inc. and Host L.P. Host Inc. holds approximately 99% of Host L.P.’s partnership interests, or OP units. Consolidated Portfolio As of December 31, 2016, the hotels in our consolidated portfolio are located in the following countries: Hotels United States 89 Australia 1 Brazil 3 Canada 2 Mexico 1 Total 96 European Joint Venture 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”) (3 hotels) and a 33.4% interest in the second fund (“Euro JV Fund II”) (7 hotels). As of December 31, 2016, the Euro JV hotels are located in the following countries: Hotels Belgium 1 France 3 Germany 1 Spain 2 Sweden 1 The Netherlands 1 United Kingdom 1 Total 10 Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements include the consolidated accounts of Host Inc., Host L.P. and their subsidiaries and controlled affiliates, including joint ventures and partnerships. We consolidate subsidiaries when we have the ability to control the entity. For the majority of our hotel and real estate investments, we consider those control rights to be (i) approval or amendment of developments plans, (ii) financing decisions, (iii) approval or amendments of operating budgets, and (iv) investment strategy decisions. We also evaluate our subsidiaries to determine if they are variable interest entities (“VIEs”). If a subsidiary is a VIE, it is subject to the consolidation framework specifically for VIEs. Typically, the entity that has the power to direct the activities that most significantly impact economic performance would consolidate the VIE. We consider an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. We review our subsidiaries and affiliates at least annually to determine if (i) they should be considered VIEs, and (ii) whether we should change our consolidation determination based on changes in the characteristics of these entities. In February 2015, the Financial Accounting Standards Board (“ Amendments to the Consolidation Analysis Additionally, three partnerships now are considered VIE’s, as the general partner maintains control over the decisions that most significantly impact the partnerships; however, this consideration did not change the consolidation determination. This conclusion includes the operating partnership, Host L.P., which is consolidated by Host Inc., of which Host Inc. is the general partner and holds 99% of the limited partner interests. Host Inc.’s sole significant asset is its investment in Host L.P. and, consequently, substantially all of Host Inc.’s assets and liabilities represent assets and liabilities of Host L.P. All of Host Inc.’s debt is an obligation of Host L.P. and may be settled only with assets of Host L.P. We also determined that our consolidated partnership that owns the Houston Airport Marriott at George Bush Intercontinental, of which we are the general partner and hold 85% of the partnership interests, is a VIE. The total assets of this VIE at December 31, 2016 are $60 million and consist of cash and property and equipment. Liabilities for the VIE total $3 million and consist of accounts payable and deferred revenue. The unconsolidated partnership that owns the Philadelphia Marriott Downtown, of which we hold 11% of the limited partner interests, also is a VIE. The carrying amount of this investment at December 31, 2016 is $(6) million and is included in advances to and investments in affiliates. The mortgage debt held by this VIE is non-recourse to us. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with U.S. generally accepted accounting principles, or 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. Cash and Cash Equivalents We consider all highly liquid investments with a maturity of three months or less at the date of purchase to be cash equivalents. Restricted Cash Restricted cash may include reserves for debt service, real estate taxes, insurance, and furniture, fixtures and equipment replacement, as well as cash collateral and excess cash flow deposits due to mortgage debt agreement restrictions and provisions, and a reserve required for potential legal damages. For purposes of the statements of cash flows, changes in restricted cash caused by changes in required legal reserves are shown as operating activities. Changes in restricted cash caused by using such funds for furniture, fixtures and equipment replacement are shown as investing activities. The remaining changes in restricted cash are the direct result of restrictions under our loan agreements and are reflected in cash flows from financing activities. Property and Equipment Generally, property and equipment is recorded at cost. For properties we develop, cost includes interest and real estate taxes incurred during construction. For property and equipment acquired in a business combination, we record the assets based on their fair value as of the acquisition date. Replacements and improvements and capital leases are capitalized, while repairs and maintenance are expensed as incurred. We capitalize certain inventory (such as china, glass, silver, and linen) at the time of a hotel opening or acquisition, or when significant inventory is purchased (in conjunction with a major rooms renovation or when the number of rooms or meeting space at a hotel is expanded). These amounts then are amortized over the estimated useful life of three years. Subsequent replacement purchases are expensed when placed in service. We maintain a furniture, fixtures and equipment replacement fund for renewal and replacement capital expenditures at our hotels, which generally is funded with 5% of property revenues. Impairment testing. We analyze our consolidated properties for impairment throughout the year when events or circumstances occur that indicate the carrying value may not be recoverable. We consider a property to be impaired when the sum of the future undiscounted cash flows over our remaining estimated holding period is less than the carrying value of the asset. We test for impairment in several situations, including when a property has a current or projected loss from operations, when it becomes more likely than not that a hotel will be sold before the end of its previously estimated useful life, or when other events, trends, contingencies or changes in circumstances indicate that a triggering event has occurred and the carrying value of an asset may not be recoverable. For impaired assets, we record an impairment expense equal to the excess of the carrying value of the asset over its fair value. To the extent that a property has a substantial remaining estimated useful life and management does not believe that it is more likely than not that the property will be disposed of prior to the end of its useful life, it would be unusual for undiscounted cash flows to be insufficient to recover the property’s carrying value. In the absence of other factors, we assume that the estimated life is equal to the GAAP depreciable life because of the continuous property maintenance and improvement capital expenditures required under our management agreements. We adjust our assumptions with respect to the remaining useful life of the property if situations dictate otherwise, such as an expiring ground lease, or that it is more likely than not that the asset will be sold prior to its previously expected useful life. We also consider the effect of regular renewal and replacement capital expenditures on the estimated life of our properties, including critical infrastructure, which regularly is maintained and then replaced at the end of its useful life. In the evaluation of the impairment of our assets, we make many assumptions and estimates, including: • projected cash flows, both from operations and from the eventual disposition; • the expected useful life and holding period of the asset; • the future required capital expenditures; and • fair values, including consideration of capitalization rates, discount rates and comparable selling prices, as well as available third-party appraisals. While we consider all of the above indicators as preliminary indicators to determine if the carrying value may not be recovered by undiscounted cash flows, we reviewed the actual year-to-date and the projected cash flows from operations in order to identify properties with actual or projected annual operating losses or minimal operating profit as of December 31, 2016. The projected cash flows consider items such as booking pace, occupancy, room rate and property-level operating costs. As a result of our review, we identified no properties that required further consideration of property and market specific conditions or factors to determine if it was impaired. If any properties had been identified, we use an undiscounted cash flow analysis, considering a range of RevPAR and operating margins compared to the prior years’ operating results in evaluating the probability-weighted projected cash flows from operations. To appropriately evaluate if the carrying value of the asset is recoverable, we project cash flows at a stabilized growth rate over its remaining estimated life using assumptions and estimates that we believe reflect current market conditions. No impairment was recorded in 2016 and 2015. During 2014, we recognized impairment expense of $6 million on one property, which is included in depreciation and amortization. Classification of Assets as “Held for Sale”. We will classify a hotel as held for sale when the sale thereof is probable, will be completed within one year and actions to complete the sale are unlikely to change or that the sale will not occur. This policy is consistent with our experience with real estate transactions under which the timing and final terms of a sale are frequently not known until purchase agreements are executed, the buyer has a significant deposit at risk and no financing contingencies exist which could prevent the transaction from being completed in a timely manner. We typically classify assets as held for sale when all of the following conditions are met: • Host Inc.’s Board of Directors has approved the sale (to the extent that the dollar amount of the sale requires Board approval); • a binding agreement to sell the property has been signed under which the buyer has committed a significant amount of nonrefundable cash; and • no significant financing contingencies exist which could prevent the transaction from being completed in a timely manner. If these criteria are met, we will cease recording depreciation and will record an impairment expense if the fair value less costs to sell is less than the carrying amount of the hotel. We will classify the assets and related liabilities as held for sale on the balance sheet. Gains on sales of properties are recognized at the time of sale or are deferred and recognized as income in subsequent periods as conditions requiring deferral are satisfied or expire without further cost to us. Discontinued Operations. We generally include the operations of a disposed hotel or a hotel that has been classified as held for sale in continuing operations, including the gain or loss on the sale, unless the sale represents a strategic shift that will have a major impact on our operations and financial results. We adopted this policy as of January 1, 2014, following the issuance of ASU 2014-08 , and no prior year restatements were permitted. Asset retirement obligations. We recognize the fair value of any liability for conditional asset retirement obligations, including environmental remediation liabilities, when incurred, which generally is upon acquisition, construction, or development and/or through the normal operation of the asset, if sufficient information exists with which to reasonably estimate the fair value of the obligation. Depreciation and Amortization Expense. We depreciate our property and equipment using the straight-line method. Depreciation expense is based on the estimated useful life of our assets and amortization expense for leasehold improvements is based on the shorter of the lease term or the estimated useful life of the related assets. The lives of the assets are based on a number of assumptions, including cost and timing of capital expenditures to maintain and refurbish the assets, as well as specific market and economic conditions. While management believes its estimates are reasonable, a change in the estimated lives could affect depreciation expense and net income (loss) or the gain or loss on the sale of any of our hotels. Intangible Assets and Acquired Liabilities In conjunction with our acquisitions, we may identify intangible assets and other liabilities. These identifiable intangible assets and liabilities typically include above and below market contracts, including ground and retail leases and management and franchise agreements, which are recorded at fair value. These contract values are based on the present value of the difference between contractual amounts to be paid pursuant to the contracts acquired and our estimate of the fair value of rates for corresponding contracts measured over the period equal to the remaining non-cancelable term of the contract. Intangible assets and liabilities are amortized using the straight-line method over the remaining non-cancelable term of the related agreements. Non-Controlling Interests Other Consolidated Partnerships. As of December 31, 2016, we consolidate four majority-owned partnerships that have third-party, non-controlling ownership interests. The third-party partnership interests are included in non-controlling interest-other consolidated partnerships on the consolidated balance sheets and totaled $39 million and $40 million as of December 31, 2016 and 2015, respectively. One of the partnerships has a finite life that terminates in 2095, and the associated non-controlling interests are mandatorily redeemable at the end of, but not prior to, the finite life. Net income (loss) attributable to non-controlling interests of consolidated partnerships is included in our determination of net income (loss). Net income attributable to non-controlling interests of third parties was immaterial for each of the years ended December 31, 2016, 2015 and 2014. 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 its 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. stock, at our option, that would be paid to the non-controlling interests of Host L.P. if it were terminated. We have estimated that the redemption value is equivalent to the number of shares issuable upon conversion of the OP units currently owned by unrelated third parties (one OP unit may be exchanged for 1.021494 shares of Host Inc. common stock) valued at the market price of Host Inc. common stock at the balance sheet date. Non-controlling interests of Host L.P. are classified in the mezzanine section of the balance sheet 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: As of December 31, 2016 2015 OP units outstanding (millions) 8.6 9.1 Market price per Host Inc. common share $ 18.84 $ 15.34 Shares issuable upon conversion of one OP unit 1.021494 1.021494 Redemption value (millions) $ 165 $ 143 Historical cost (millions) 84 90 Book value (millions) (1) 165 143 ___________ (1) Net income (loss) is allocated to the non-controlling interests of Host L.P. based on their weighted average ownership percentage during the period. Net income attributable to Host Inc. has been reduced by the amount attributable to non-controlling interests in Host L.P., which totaled $9 million, $7 million and $9 million for 2016, 2015 and 2014, respectively. Investments in Affiliates Other-than-Temporary Impairment of an Investment. We perform an analysis for our equity method investments for impairment based on the occurrence of triggering events that would indicate that the carrying amount of the investment exceeds its fair value on an other-than-temporary basis. Triggering events can include a decline in distributable cash flows from the investment, a change in the expected useful life or other significant events which would decrease the value of the investment. Our investments primarily consist of joint ventures which own hotel properties; therefore, generally we will have few observable inputs and will determine fair value based on a discounted cash flow analysis of the investment, as well as consideration of the impact of other elements (i.e. control premiums, etc.). We use certain inputs, such as available third-party appraisals and forecast net operating income for the hotel properties, to estimate the expected cash flows. If an equity method investment is impaired and that impairment is determined to be other than temporary, an expense is recorded for the difference between the fair value and the carrying amount of the investment. No other-than-temporary impairment was recorded in 2016, 2015, or 2014. Distributions from Investments in Affiliates. We classify the distributions from our equity investments in the statements of cash flows based upon an evaluation of the specific facts and circumstances of each distribution. For example, distributions from cash generated by property operations are classified as cash flows from operating activities. However, distributions received as a result of property sales are classified as cash flows from investing activities. Income Taxes Host Inc. has elected to be treated as a REIT effective January 1, 1999, pursuant to the U.S. Internal Revenue Code of 1986, as amended. It is our intention to continue to comply with the REIT qualification requirements and to maintain our qualification for taxation as a REIT. A corporation that elects REIT status and meets certain tax law requirements regarding the distribution of its taxable income to its stockholders as prescribed by applicable tax laws and complies with certain other requirements (relating primarily to the composition of its assets and the sources of its revenues) generally is not subject to federal and state income taxation on its operating income that is distributed to its stockholders. As a partnership for federal income tax purposes, Host L.P. is not subject to federal income tax. Host L.P. is, however, subject to state, local and foreign income and franchise tax in certain jurisdictions. Additionally, each of the Host L.P. taxable REIT subsidiaries is taxable as a regular C corporation, subject to federal, state and foreign income tax. Our consolidated income tax provision or benefit includes the income tax provision or benefit related to the operations of our taxable REIT subsidiaries, and state, local, and foreign income and franchise taxes incurred by Host L.P. and its subsidiaries. Deferred Under the partnership agreement, Host L.P. generally is required to reimburse Host Inc. for any tax payments it is required to make. Accordingly, the tax information included herein represents disclosures regarding Host Inc. and its subsidiaries. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for net operating loss, capital loss, interest expense, and tax credit carryovers. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which such amounts are expected to be realized or settled. The effect on deferred tax assets and liabilities from a change in tax rates is recognized in earnings in the period when the new rate is enacted. However, deferred tax assets are recognized only to the extent that it is more likely than not that they will be realized based on consideration of available evidence, including future reversals of existing taxable temporary differences, future projected taxable income and tax planning strategies. GAAP prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken in a tax return. We must determine whether it is “more-likely-than-not” that a tax position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Once it is determined that a position meets the more-likely-than-not recognition threshold, the position is measured at the largest amount of benefit that is greater than 50% likely of being realized upon settlement in order to determine the amount of benefit to recognize in the financial statements. This accounting standard applies to all tax positions related to income taxes. We recognize accrued interest related to unrecognized tax benefits in interest expense and penalties in operating expenses. Deferred Charges Financing costs related to long-term debt are deferred and amortized over the remaining life of the debt using the effective interest method. These costs are presented as a direct deduction from their related liabilities on the balance sheets. Foreign Currency Translation As of December 31, 2016, our international operations consist of hotels located in Australia, Brazil, Canada and Mexico, as well as investments in the Euro JV and the Asia/Pacific JV. The financial statements of these hotels and our investments therein are maintained in their functional currency, which generally is the local currency, and their operations are translated to U.S. dollars using the average exchange rates for the period. The assets and liabilities of the hotels and the investments therein are translated to U.S. dollars using the exchange rate in effect at the balance sheet date. The resulting translation adjustments are reflected in other comprehensive income (loss). Foreign currency transactions are recorded in the functional currency for each entity using the exchange rates prevailing at the dates of the transactions. Assets and liabilities denominated in foreign currencies are remeasured at period end exchange rates. The resulting exchange differences are recorded in gain (loss) on foreign currency transactions and derivatives on the accompanying consolidated statements of operations, except when recorded in other comprehensive income (loss) as qualifying net investment hedges. Derivative Instruments We are subject to market exposures in several aspects of our business and may enter into derivative instruments in order to hedge the effect of these market exposures on our operations. Potential market exposures for which we may use derivative instruments to hedge include: (i) changes in the fair value of our international investments due to fluctuations in currency exchange rates, (ii) changes in the fair value of our fixed-rate debt due to changes in the underlying interest rates, and (iii) variability in interest payments due to changes in the underlying interest rate of our floating-rate debt. Derivative instruments are subject to fair value reporting at each reporting date and the increase or decrease in fair value is recorded in net income (loss) or other comprehensive income (loss), based on the applicable hedge accounting guidance. We estimate the fair value of these instruments through the use of third party valuations, which utilize the market standard methodology of netting the discounted future cash receipts and the discounted future cash payments. Prior to entering into the derivative instrument, we evaluate whether the transaction will qualify for hedge accounting and continue to evaluate hedge effectiveness throughout the life of the instrument. Derivative instruments that meet the requirements for hedge accounting are recorded on the balance sheet at fair value, with offsetting changes recorded to net income (loss) or other comprehensive income (loss), based on the applicable hedge accounting guidance. We incorporate credit valuation adjustments to reflect, as applicable, our own nonperformance risk or the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of our derivative instruments for the effect of nonperformance risk, we have considered the impact of netting any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and accumulated guarantees. The variable cash flow streams are based on an expectation of future interest and exchange rates derived from observed market interest and exchange rate curves. The values of these instruments will change over time as cash receipts and payments are made and as market conditions change. Accumulated Other Comprehensive Income (Loss) The components of total accumulated other comprehensive income (loss) in the balance sheets are as follows (in millions): As of December 31, 2016 2015 Gain on foreign currency forward contracts $ 40 $ 35 Loss on interest rate swap cash flow hedges (5 ) (7 ) Foreign currency translation (121 ) (137 ) Other comprehensive loss attributable to non-controlling interests 3 2 Total accumulated other comprehensive loss $ (83 ) $ (107 ) During 2016, we reclassified a net loss due to foreign currency translation of $17 million that had been recognized previously in other comprehensive income (loss) upon the sale of two hotels in Chile and four hotels in New Zealand. During 2015, we reclassified a net loss due to foreign currency translation of $3 million that had been recognized previously in other comprehensive income (loss) upon the sale of the Delta Meadowvale Hotel & Conference Centre and three hotels in New Zealand. The losses were recognized as a reduction to the gain on sale of assets. Revenues Our results of operations include revenues and expenses of our hotels. Revenues are recognized when the services are provided. Additionally, we collect sales, use, occupancy and similar taxes at our hotels, which we present on a net basis (excluded from revenues) on our statements of operations. Fair Value In evaluating the fair value of both financial and non-financial assets and liabilities, GAAP outlines a valuation framework and creates a fair value hierarchy that distinguishes between market assumptions based on market data (“observable inputs”) and a reporting entity’s own assumptions about market data (“unobservable inputs”). Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability at the measurement date in an orderly transaction (an “exit price”). Assets and liabilities are measured using inputs from three levels of the fair value hierarchy. The three levels are as follows: Level 1 — Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access at the measurement date. An active market is defined as a market in which transactions occur with sufficient frequency and volume to provide pricing on an ongoing basis. Level 2 — Inputs include quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active (markets with few transactions), inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data correlation or other means. Level 3 — Unobservable inputs reflect our assumptions about the pricing of an asset or liability when observable inputs are not available. 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): Year ended December 31, 2016 2015 2014 Net income $ 771 $ 565 $ 741 Less: Net income attributable to non-controlling interests (9 ) (7 ) (9 ) Net income attributable to Host Inc. 762 558 732 Assuming conversion of exchangeable senior debentures — — 27 Diluted income attributable to Host Inc. $ 762 $ 558 $ 759 Basic weighted average shares outstanding 743.0 752.4 755.4 Assuming weighted average shares for conversion of exchangeable senior debentures — — 30.3 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market 0.7 0.5 1.1 Diluted weighted average shares outstanding (1) 743.7 752.9 786.8 Basic earnings per common share $ 1.03 $ .74 $ .97 Diluted earnings per common share $ 1.02 $ .74 $ .96 ___________ (1) There were approximately 25 million potentially dilutive shares (on a weighted average basis) for the year ended December 31, 2015 related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 in exchange for 32 million shares. 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 distributed 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 common unit is shown below (in millions, except per unit amounts): Year ended December 31, 2016 2015 2014 Net income $ 771 $ 565 $ 741 Less: Net loss attributable to non-controlling interests — — — Net income attributable to Host L.P. 771 565 741 Assuming conver

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Property and Equipment	2. Property and Equipment Property and equipment consists of the following (in millions): As of December 31, 2016 2015 Land and land improvements $ 2,047 $ 2,044 Buildings and leasehold improvements 13,483 13,472 Furniture and equipment 2,377 2,283 Construction in progress 86 289 17,993 18,088 Less accumulated depreciation and amortization (7,848 ) (7,505 ) $ 10,145 $ 10,583 The aggregate cost of real estate for federal income tax purposes is approximately $10.6 billion at December 31, 2016.

Investments in Affiliates

Investments in Affiliates	12 Months Ended
	Dec. 31, 2016
Investments In And Advances To Affiliates Schedule Of Investments [Abstract]
Investments in Affiliates	3. Investments in Affiliates We own investments in joint ventures that are accounted for under the equity method of accounting. The debt of the European, Hyatt Place, Harbor Beach and Philadelphia Marriott Downtown joint ventures is non-recourse to, and not guaranteed by, us, and a default of the debt does not trigger a default under any of our debt. As of December 31, 2016, 100% of the $9 million construction loan for the Maui JV is jointly and severally guaranteed by the partners of the joint venture. Investments in affiliates consist of the following (in millions): As of December 31, 2016 Ownership Interests Our Investment Our Portion of Debt Total Debt Distributions received in 2016 (1) Assets Euro JV 32.1 - 33.4 % $ 227 $ 236 $ 744 $ 18 Ten hotels in Europe Asia/Pacific JV (2) 25 % 17 — — 9 A 36% interest in five operating hotels and two hotels in final stages of completion in India Maui JV 67 % 81 27 41 — 131-unit vacation ownership project in Maui, HI Hyatt Place JV (3) 50 % (12 ) 30 60 17 One hotel in Nashville, TN Harbor Beach JV 49.9 % (24 ) 75 149 6 One hotel in Fort Lauderdale, FL Philadelphia Marriott Downtown JV 11 % (6 ) 24 221 2 One hotel in Philadelphia, PA Fifth Wall Ventures 3 — — — Real estate industry technology investment Total $ 286 $ 392 $ 1,215 $ 52 As of December 31, 2015 Ownership Interests Our Investment Our Portion of Debt Total Debt Distributions received in 2015 (1) Assets Euro JV (4) 32.1 - 33.4 % $ 251 $ 252 $ 797 $ 115 Ten hotels in Europe Asia/Pacific JV 25 % 25 — — — A 36% interest in five operating hotels and two hotels under development in India Maui JV 67 % 72 45 68 — 131-unit vacation ownership project in Maui, HI Hyatt Place JV 50 % 3 15 31 8 One hotel in Nashville, TN Harbor Beach JV 49.9 % (21 ) 75 149 8 One hotel in Fort Lauderdale, FL Philadelphia Marriott Downtown JV 11 % (6 ) 25 224 2 One hotel in Philadelphia, PA Total $ 324 $ 412 $ 1,269 $ 133 ___________ (1) Distributions received were funded by cash from operations unless otherwise noted. (2) Distributions received from the Asia/Pacific JV in 2016 were primarily related to the sale of the Four Points by Sheraton Perth in 2015. (3) Distributions received from the Hyatt Place JV include $14 million of loan refinancing proceeds. (4) Ninety-two percent of the 2015 distributions received from the Euro JV were funded by proceeds from the disposition of nine hotels, discussed below, while the remaining was funded with cash from operations. European Joint Venture We own general and limited partner interests in the Euro JV that consists of two separate funds, with the other partners being APG Strategic Real Estate Pool NV, an affiliate of a Dutch Pension Fund, and Jasmine Hotels Pte Ltd, an affiliate of the real estate investment company of the Government of Singapore Investment Corporation Pte Ltd (“GIC RE”). We own a combined 32.1% interest of Euro JV Fund I and a combined 33.4% interest of Euro JV Fund II. We do not consolidate the Euro JV due to the structure and substantive participating rights of the non-Host limited partners, including approval over financing, acquisitions and dispositions, and annual operating and capital expenditures budgets. The joint venture agreement expires in 2021, subject to two one-year extensions. As of December 31, 2016, the total assets of the Euro JV are approximately €1.5 billion. As asset manager of the Euro JV funds, we earn asset management fees based on the amount of equity invested, which in 2016, 2015 and 2014 aggregated approximately $8 million, $11 million and $16 million, respectively. As of December 31, 2016, the partners have funded approximately €463 million, or 67%, of the total equity commitment for Euro JV Fund I and €301 million, or 67%, of the total equity commitment for Euro JV Fund II. On June 27, 2016, the Euro JV Fund II partners amended the Euro JV partnership agreement to extend the equity commitment period for Euro JV Fund II by one year to June 27, 2017. The remaining equity commitment for Euro JV Fund I is limited in its use to capital expenditures and financing needs. Signification transactions for the Euro JV during 2016 and 2015 were as follows: • During 2016, the Euro JV completed amendments to two of its mortgage loan agreements, extending their final maturity and reducing the overall weighted average interest rate by 20 basis points. • During 2015, the Euro JV sold nine properties for €526 million, repaid €229 million of mortgage loans secured by the properties and distributed €328.5 million to its partners. The earnings in 2015 include €39 million ($43 million) related to our portion of the gains recognized on the sale of the nine properties. We have entered into four foreign currency forward sale contracts in order to hedge the foreign currency exposure resulting from the eventual repatriation of our net investment in the Euro JV. The forward purchases will occur between May 2017 and January 2018. We have hedged €177 million (approximately $199 million) of our investment via these contracts and designated draws under our credit facility in Euros. See Note 12 – “Fair Value Measurement” for further information. Asia/Pacific Joint Venture We own a 25% general and limited partner interest in the Asia/Pacific JV, the other partner of which is RECO Hotels JV Private Limited, an affiliate of GIC RE. The Asia/Pacific JV may be terminated by the partners at any time. Due to the ownership structure and the substantive participating rights of the non-Host limited partner, including approval over financing, acquisitions and dispositions, and annual operating and capital expenditures budgets, the Asia/Pacific JV is not consolidated in our financial statements. The commitment period for the equity contributions to the joint venture has expired. Certain funding commitments remain, however, related to its existing investments in India. As of December 31, 2016, the Asia/Pacific JV partners have invested approximately $103 million (of which our share was $26 million) in a joint venture in India with Accor S.A. and InterGlobe Enterprises Limited, in which the Asia/Pacific JV holds a 36% interest. On November 3, 2015, the joint venture opened the Pullman & Novotel New Delhi Aerocity. On October 14, 2015, the Asia/Pacific JV sold the Four Points by Sheraton Perth for A$91.5 million and repaid A$43 million of mortgage debt. The Asia/Pacific JV recorded a gain on sale of approximately A$11 million ($8 million), of which our portion is included in the 2015 earnings Maui Joint Venture We have a 67% non-controlling interest in a joint venture that owns a 131-unit vacation ownership development in Maui, Hawaii adjacent to our Hyatt Regency Maui Resort & Spa (the “Maui JV”). The project opened in December 2014. Since 2012, we have contributed approximately $87 million to the Maui JV, which includes the contribution of land valued at $36 million. As of December 31, 2016, approximately $9 million was outstanding on the joint venture’s construction loan, which is jointly and severally guaranteed by us and Hyatt Hotels Corporation. Additionally, the joint venture has $32 million of outstanding debt used to facilitate the sales of the vacation ownership units, which is not guaranteed by us. Hyatt Place Joint Venture We own a 50% interest in a joint venture with White Lodging Services that owns the 255-room Hyatt Place Nashville Downtown in Tennessee. In August 2016, the Hyatt Place joint venture refinanced its $31 million construction loan with a new $60 million mortgage loan due August 2019, with two 12-month extension options. The loan bears interest at 1-month USD LIBOR plus 300 basis points, or 3.8%, at December 31, 2016. Upon repayment of the construction loan, the partners were released of their guarantee on such loan. Harbor Beach Joint Venture We have a non-controlling 49.9% interest in a joint venture with R/V-C Association that owns the 650-room Fort Lauderdale Marriott Harbor Beach Resorts & Spa in Florida. The joint venture has an outstanding $149 million mortgage loan with a maturity date of January 1, 2024. The loan bears interest at 4.75%. Only monthly interest payments are being made on the loan. No principal payments are due until the loan maturity date of January 1, 2024. Combined Financial Information of Unconsolidated Investees Combined summarized balance sheet information for our affiliates is as follows (in millions): As of December 31, 2016 2015 Property and equipment, net $ 1,634 $ 1,708 Timeshare inventory 137 157 Other assets 514 538 Total assets $ 2,285 $ 2,403 Debt $ 1,215 $ 1,269 Other liabilities 319 302 Equity 751 832 Total liabilities and equity $ 2,285 $ 2,403 Combined summarized operating results for our affiliates is as follows (in millions): Year ended December 31, 2016 2015 2014 Total revenues $ 599 $ 769 $ 810 Operating expenses Expenses (437 ) (558 ) (577 ) Depreciation and amortization (73 ) (84 ) (99 ) Operating profit 89 127 134 Interest income 5 3 — Interest expense (57 ) (80 ) (86 ) Gain (loss) on dispositions (2 ) 141 12 Net income $ 35 $ 191 $ 60

Debt

Debt	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt	4. Debt Debt consists of the following (in millions): As of December 31, 2016 2015 Series Z senior notes, with a rate of 6% due October 2021 $ 297 $ 297 Series B senior notes, with a rate of 5¼% due March 2022 347 347 Series C senior notes, with a rate of 4¾% due March 2023 446 445 Series D senior notes, with a rate of 3¾% due October 2023 398 397 Series E senior notes, with a rate of 4% due June 2025 496 495 Series F senior notes, with a rate of 4½% due February 2026 396 395 Total senior notes 2,380 2,376 Credit facility revolver 209 295 2014 Credit facility term loan due June 2017 500 499 2015 Credit facility term loan due September 2020 497 497 Mortgage debt (non-recourse), with an average interest rate of 3.4% and 4.7% at December 31, 2016 and 2015, respectively, maturing through November 2017 63 200 Total debt $ 3,649 $ 3,867 Senior Notes General. Under the terms of our senior notes indenture, our senior notes are equal in right of payment with all of our unsubordinated indebtedness and senior to all of our subordinated obligations. The face amount of our senior notes as of December 31, 2016 and 2015 was $2.4 billion. The senior notes balances as of December 31, 2016 and 2015 are net of discounts and deferred financing costs of approximately $20 million and $24 million, respectively. We pay interest on each series of our senior notes semi-annually in arrears at the respective annual rates indicated in the table above. Under the terms of the senior notes indenture, our ability to incur indebtedness and pay dividends is subject to restrictions and the satisfaction of various conditions. As of December 31, 2016, we are in compliance with all of these covenants. We completed the following senior notes transactions in 2015: • On May 15, 2015, we issued $500 million 4% Series E Senior Notes due June 2025 for proceeds of approximately $495 million, net of discounts, underwriting fees and expenses. Interest is payable semi-annually on June 15 and December 15, commencing June 15, 2015. Net proceeds, along with cash on hand, were used on June 15, 2015 to redeem $500 million of 5 7/8% Series X Senior Notes due 2019 at an aggregate redemption price of $515 million. • On October 14, 2015, we issued $400 million of 4.5% Series F Senior Notes due February 2026 for proceeds of approximately $395 million, net of discounts, underwriting fees and expenses. Interest is payable semi-annually on February 1 and August 1, commencing February 1, 2016. Net proceeds, along with cash on hand and an additional $100 million draw on the credit facility, were used to redeem $500 million of 6% Series V Senior Notes due 2020 for $515 million in November 2015. Exchangeable Debentures. In 2009, Host L.P. issued $400 million of 2½% exchangeable senior debentures (the “Debentures”). In October 2015, Host L.P. gave notice that it would redeem all of its currently outstanding Debentures at a cash redemption price of 100% of the principal amount, plus accrued interest. As a result, we issued 32 million shares of Host Inc. common stock upon exchange (including $8.7 million of Debentures that holders had elected to exchange in July 2015) and redeemed approximately $1 million of Debentures for cash. Interest expense recorded for our exchangeable senior debentures in 2015 totaled $21 million, including $8 million of cash interest expense and $13 million of non-cash discount amortization. Authorization for Repurchase of Senior Notes. In February 2017, Host Inc.’s Board of Directors authorized repurchases of up to $250 million of senior notes and mortgage debt (other than in accordance with their terms). Credit Facility. On June 27, 2014, we entered into a new senior revolving credit facility with Bank of America, N.A., as administrative agent, JPMorgan Chase Bank, N.A., as syndication agent, and certain other agents and lenders. The credit facility allows for revolving borrowings in an aggregate principal amount of up to $1 billion, including a foreign currency subfacility for Canadian dollars, Australian dollars, New Zealand dollars, Japanese yen, Euros, British pound sterling and, if available to the lenders, Mexican pesos, of up to the foreign currency equivalent of $500 million, subject to a lower amount in the case of New Zealand dollar and Mexican peso borrowings. The credit facility also provides a subfacility of up to $100 million for swingline borrowings in U.S. dollars, Canadian dollars, Euros and British pound sterling and a subfacility of up to $100 million for issuances of letters of credit. Host L.P. also has the option to increase the aggregate principal amount of the credit facility by up to $500 million, subject to obtaining additional loan commitments and satisfaction of certain conditions. The credit facility has an initial scheduled maturity of June 2018, with two six-month renewal options. The credit facility contained a term loan facility of $500 million, which replaced and refinanced the term loan under our prior facility of like amount. The term loan facility has an initial scheduled maturity of June 2017, with two one-year renewal options, resulting in a maturity for the entire credit facility of June 2019, if all renewal options are exercised, subject to certain conditions, including the payment of an extension fee and the accuracy of representations and warranties. We pay interest on revolver borrowings under the credit facility at floating rates equal to LIBOR plus a margin ranging from 87.5 to 155 basis points (depending on Host L.P.’s unsecured long-term debt rating). We also pay a facility fee ranging from 12.5 to 30 basis points, depending on our rating and regardless of usage. Based on Host L.P.’s unsecured long-term debt rating as of December 31, 2016, we are able to borrow at a rate of LIBOR plus 100 basis points and pay a facility fee of 20 basis points. On September 10, 2015, we closed on a $500 million term loan (“2015 Term Loan”) by exercising the accordion feature of our existing credit facility. The loan has a five-year maturity and its interest rate spread depends on our unsecured debt rating. Based on our unsecured debt rating at December 31, 2016, the loan has a floating interest rate of LIBOR plus 110 bps (or approximately a 1.9% all-in interest rate). This increases our credit facility to $2 billion, consisting of the $1 billion revolver and two $500 million term loans. On that same day, we drew $300 million on the 2015 Term Loan and drew the remaining $200 million on December 29, 2015. The proceeds were used to repay outstanding amounts on the revolver. Net repayments under the credit facility were $82 million in 2016, while in 2015 we drew $120 million, net. As of December 31, 2016, we have $788 million of available capacity under the revolver portion of our credit facility. Financial Covenants . The credit facility contains covenants concerning allowable leverage, fixed charge coverage and unsecured interest coverage (as defined in our credit facility). Currently, we are permitted to borrow and maintain amounts outstanding under the credit facility so long as our leverage ratio is not in excess of 7.25x, our unsecured coverage ratio is not less than 1.75x and our fixed charge coverage ratio is not less than 1.25x. The financial covenants for the credit facility do not apply when there are no borrowings thereunder. Therefore, so long as there are no amounts outstanding, we would not be in default if we do not satisfy the financial covenants and we do not lose the potential to draw under the credit facility in the future if we were to regain compliance with the financial covenants. These calculations are performed based on pro forma results for the prior four fiscal quarters, giving effect to transactions such as acquisitions, dispositions and financings as if they had occurred at the beginning of the period. Under the terms of the credit facility, interest expense excludes items such as gains and losses on the extinguishment of debt, deferred financing charges related to the senior notes or the credit facility, amortization of debt premiums or discounts that were recorded at issuance of a loan in order to establish the debt at fair value and non-cash interest expense due to the implementation in 2009 of accounting standards related to our exchangeable debentures, all of which are included in interest expense on our consolidated statements of operations. Additionally, total debt used in the calculation of our leverage ratio is based on a “net debt” concept, under which cash and cash equivalents in excess of $100 million are deducted from our total debt balance. As of December 31, 2016, we are in compliance with the financial covenants under our credit facility. Collateral and Guarantees . The credit facility initially does not include any subsidiary guarantees or pledges of equity interests in our subsidiaries, and the guarantees and pledges are required only in the event that Host L.P.’s leverage ratio exceeds 6.0x for two consecutive fiscal quarters at a time that Host L.P. does not have an investment grade long-term unsecured debt rating. In the event that such guarantee and pledge requirement is triggered, the guarantees and pledges ratably would benefit the credit facility, as well as the notes outstanding under Host L.P.’s senior notes indenture, interest rate and currency hedges and certain other hedging and bank product arrangements with lenders that are parties to the credit facility. Even when triggered, the guarantees and pledges only would be required by certain U.S. and Canadian subsidiaries of Host L.P. and a substantial portion of our subsidiaries would provide neither guarantees nor pledges of equity interests. As of December 31, 2016, our leverage ratio was 2.4x. Other Covenants and Events of Default . The credit facility contains restrictive covenants on customary matters. Certain covenants become less restrictive at any time that our leverage ratio falls below 6.0x. In particular, at any time that our leverage ratio is below 6.0x, we will not be subject to limitations on capital expenditures, and the limitations on acquisitions, investments and dividends contained in the credit facility will be superseded by the generally less restrictive corresponding covenants in our senior notes indenture. Additionally, the credit facility’s restrictions on the incurrence of debt and the payment of dividends generally are consistent with our senior notes indenture for our Series D senior notes. These provisions, under certain circumstances, limit debt incurrence to debt incurred under the credit facility or in connection with a refinancing, and limit dividend payments to those necessary to maintain Host Inc.’s tax status as a REIT. Our senior notes and credit facility have cross default provisions that would trigger a default under those agreements if we were to have a payment default or an acceleration prior to maturity of other debt of Host L.P. or its subsidiaries. The amount of other debt in default needs to exceed certain thresholds in order to trigger a cross default and the thresholds are greater for secured debt than for unsecured debt. The credit facility also includes usual and customary events of default for facilities of this nature, and provides that, upon the occurrence and continuance of an event of default, payment of all amounts owed under the credit facility may be accelerated, and the lenders’ commitments may be terminated. In addition, upon the occurrence of certain insolvency or bankruptcy related events of default, all amounts owed under the credit facility will become due and payable and the lenders’ commitments will terminate. Mortgage Debt All of our mortgage debt is recourse solely to specific assets, except for environmental liabilities, fraud, misapplication of funds and other customary recourse provisions. As of December 31, 2016, we have mortgage debt secured by one asset, with an average interest rate of 3.4%, which mortgage debt matures in 2017. Interest is payable quarterly. As of December 31, 2016, we are in compliance with the covenants under our mortgage debt obligation. We have made the following mortgage debt repayments since January 2015: Maturity Transaction Date Property Rate Date Amount Repayments September 2016 Novotel and ibis Christchurch 3.6 % 2/18/2018 $ (17 ) April 2016 Hyatt Regency Reston 3.5 % 7/1/2016 (100 ) March 2016 ibis Wellington 3.7 % 2/18/2018 (11 ) February 2016 Novotel Wellington 5.7 % 2/18/2018 (9 ) November 2015 Novotel Queenstown Lakeside 6.7 % 2/18/2016 (20 ) October 2015 Novotel Auckland Ellerslie and ibis Auckland Ellerslie 6.4 % 2/18/2016 (15 ) Aggregate Debt Maturities Aggregate debt maturities are as follows (in millions): As of December 31, 2016 2017 $ 562 2018 211 2019 — 2020 500 2021 300 Thereafter 2,100 3,673 Deferred financing costs (23 ) Unamortized (discounts) premiums, net (2 ) Capital lease obligations 1 $ 3,649 Interest The following items are included in interest expense (in millions): Year ended December 31, 2016 2015 (1) 2014 (1) Interest expense $ 154 $ 227 $ 207 Amortization of debt premiums/discounts, net (2) (1 ) (13 ) (16 ) Amortization of deferred financing costs (6 ) (8 ) (8 ) Non-cash losses on debt extinguishments — (11 ) (2 ) Change in accrued interest (3 ) 12 1 Interest paid (3) $ 144 $ 207 $ 182 ___________ (1) Interest expense and interest paid for 2015 and 2014 include cash prepayment premiums of approximately $30 million and $2 million, respectively. (2) Primarily represents the amortization of the debt discount on our Debentures, which is considered non-cash interest expense. (3) Does not include capitalized interest of $3 million, $5 million and $7 million for 2016, 2015 and 2014, respectively. Our debt repayments resulted in debt extinguishment costs included in interest expense for 2015 and 2014 of $41 million and $4 million, respectively. No debt extinguishment costs were incurred in 2016.

Equity of Host Inc. and Capital

Equity of Host Inc. and Capital of Host L.P.	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Equity of Host Inc. and Capital of Host L.P.	5. Equity of Host Inc. and Capital of Host L.P. Equity of Host Inc. Host Inc. has authorized 1,050 million shares of common stock, with a par value of $0.01 per share, of which 737.8 million and 750.3 million were outstanding as of December 31, 2016 and 2015, respectively. Fifty million shares of no par value preferred stock are authorized; none of such preferred shares were outstanding as of December 31, 2016 and 2015. Capital of Host L.P. As of December 31, 2016, Host Inc. is the owner of approximately 99% of Host L.P.’s common OP units. The remaining 1% of Host L.P.’s common OP units are held by various unaffiliated limited partners. Each common 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 connection with the issuance of shares by Host Inc., Host L.P. will issue OP units based on the same conversion ratio. As of December 31, 2016 and 2015, Host L.P. had 730.8 million and 743.7 million OP units outstanding, respectively, of which Host Inc. held 722.2 million and 734.5 million, respectively. Repurchases and Issuances of Common Stock and Common OP Units On April 30, 2015, Host Inc.’s Board of Directors announced a program to repurchase up to $500 million of common stock, and again on October 29, 2015, to repurchase up to an additional $500 million of common stock. During 2016, we repurchased 13.8 million shares at an average price of $15.79 for a total purchase price of approximately $218 million. In 2015, we repurchased 38.3 million shares at an average price of $17.64 for a total purchase price of approximately $675 million. The shares repurchased constitute authorized but unissued shares. As of December 31, 2016, the purchasing authority under the program has expired. On February 21, 2017, the Board of Directors authorized a new program to repurchase up to $500 million of common stock through December 31, 2017 . During 2015, holders of $399 million of Debentures elected to exchange them for shares of Host Inc. common stock, totaling approximately 32 million shares. Dividends/Distributions Host Inc. is required to distribute at least 90% of its annual taxable income, excluding net capital gains, to its stockholders in order to maintain its qualification as a REIT, including taxable income recognized for federal income tax purposes but with regard to which we do not receive cash. Funds used by Host Inc. to pay dividends on its common stock are provided by distributions from Host L.P. The amount of any future dividends will be determined by Host Inc.’s Board of Directors. The dividends that were taxable to our stockholders in 2016 were considered 66% ordinary income (non-qualified dividend income), 4% qualified dividend income, 24% capital gain distribution and 6% unrecaptured Section 1250 gain. The dividends that were taxable to our stockholders in 2015 were considered 80% ordinary income (non-qualified dividend income), 8% qualified dividend income, 5% capital gain distribution and 7% unrecaptured Section 1250 gain. The table below presents the amount of common dividends declared per share and common distributions per unit as follows: Year ended December 31, 2016 2015 2014 Common stock $ .85 $ .80 $ .75 Common OP units .868 .817 .766 On February 21, 2017, Host Inc.’s Board of Directors authorized a regular quarterly cash dividend of $0.20 per share on Host Inc.’s common stock. The dividend is payable on April 17, 2017, to stockholders of record on March 31, 2017.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	6. Income Taxes We elected to be taxed as a REIT under Sections 856 through 860 of the Internal Revenue Code commencing with our taxable year beginning January 1, 1999. To qualify as a REIT, we must meet a number of organizational and operational requirements, including a requirement that we distribute at least 90% of our taxable income to our stockholders, excluding net capital gain. As a REIT, generally we will not be subject to federal and state corporate income tax on that portion of our taxable income that currently is distributed to our stockholders. If we fail to qualify for taxation as a REIT in any taxable year, we will be subject to federal and state corporate income taxes at regular corporate rates (including any applicable alternative minimum tax) and may not be able to qualify as a REIT for four subsequent taxable years. Even if we qualify for taxation as a REIT, we may be subject to certain state, local and foreign taxes on our income and property, and to federal and state income and excise taxes on our undistributed taxable income. We have recorded a 100% valuation allowance of approximately $22 million against the deferred tax asset related to the net operating loss carryovers as of December 31, 2016 with respect to our hotel in Mexico. During 2016, we reversed the $3 million valuation allowance previously recorded against the deferred tax asset related to the net operating loss carryovers of our hotels in Canada. We expect that the net operating loss and alternative minimum tax and investment tax credit carryovers for U.S. federal income tax purposes will be realized. The net decrease in the valuation allowance for the year ending December 31, 2016 and December 31, 2015 is approximately $1 million and $22 million, respectively. The primary components of our net deferred tax assets are as follows (in millions): As of December 31, 2016 2015 Deferred tax assets Related party interest expense $ — $ 7 Net operating loss and capital loss carryovers 43 63 Alternative minimum tax and investment tax credits 8 5 Property and equipment 4 4 Investments in domestic affiliates 2 3 Deferred revenue and expenses 42 52 Foreign exchange net losses (AOCI) 12 18 Other 2 2 Total gross deferred tax assets 113 154 Less: Valuation allowance (22 ) (23 ) Total deferred tax assets, net of valuation allowance $ 91 $ 131 Deferred tax liabilities Property and equipment (11 ) (16 ) Investments in domestic and foreign affiliates (7 ) (12 ) Other (2 ) (2 ) Total gross deferred tax liabilities (20 ) (30 ) Net deferred tax assets $ 71 $ 101 At December 31, 2016, we have aggregate gross domestic and foreign net operating loss and capital loss carryovers of approximately $137 million. We have deferred tax assets related to these loss carryovers of approximately $43 million, with a valuation allowance of approximately $22 million. Our net operating loss carryovers expire through 2035, and our foreign capital loss carryovers have no expiration period. Our alternative minimum tax and investment tax credit carryovers have no expiration period. We believe that it is more likely than not that the results of future operations will generate sufficient taxable income to realize our total deferred tax assets, net of a valuation allowance of $22 million, of $91 million in the future. Our U.S. and foreign income from continuing operations before income taxes was as follows (in millions): Year ended December 31, 2016 2015 2014 U.S. income $ 763 $ 530 $ 738 Foreign income 48 44 17 Total $ 811 $ 574 $ 755 The provision for income taxes from continuing operations consists of (in millions): Year ended December 31, 2016 2015 2014 Current —Federal $ — $ 2 $ 3 —State 1 (1 ) 2 —Foreign 12 3 10 13 4 15 Deferred —Federal 24 2 (1 ) —State 6 — (1 ) —Foreign (3 ) 3 1 27 5 (1 ) Income tax provision – continuing operations $ 40 $ 9 $ 14 The differences between the income tax provision calculated at the statutory U.S. federal income tax rate of 35% and the actual income tax provision recorded for continuing operations are as follows (in millions): Year ended December 31, 2016 2015 2014 Statutory federal income tax provision $ 284 $ 204 $ 265 Adjustment for nontaxable income of Host Inc. (260 ) (203 ) (268 ) State income tax provision, net 7 1 1 Provision for uncertain tax positions — 1 5 Foreign income tax provision 9 6 11 Income tax provision $ 40 $ 9 $ 14 Cash paid for income taxes, net of refunds received, was $15 million, $9 million, and $22 million in 2016, 2015, and 2014, respectively. A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions): 2016 2015 Balance at January 1 $ 11 $ 10 State decreases — (2 ) Other increases — 3 Balance at December 31 $ 11 $ 11 All of such uncertain tax position amounts, if recognized, would impact our reconciliation between the income tax provision calculated at the statutory U.S. federal income tax rate of 35% and the actual income tax provision recorded each year. As of December 31, 2016, the tax years that remain subject to examination by major tax jurisdictions generally include 2013-2016. There were no material interest or penalties recorded for the years ended December 31, 2016, 2015 and 2014.

Leases

Leases	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Leases	7. Leases Taxable REIT Subsidiaries Leases We lease substantially all of our hotels to a wholly owned subsidiary that qualifies as a taxable REIT subsidiary due to federal income tax restrictions on a REIT’s ability to derive revenue directly from the operation and management of a hotel. Vornado Lease On July 30, 2012, we leased the retail and signage components of the New York Marriott Marquis to Vornado Realty Trust (“Vornado”). Vornado has redeveloped and expanded the existing retail space, as well as created a 25,000 square foot, block front, LED signage. The lease has a 20-year term and, over the term of the lease, each party has options that, if exercised, would result in ownership of the retail space being conveyed to Vornado at a price based on the future cash flow of the leased property. Minimum rental revenue is recognized on a straight-line basis over the term of the lease. The future minimum rental revenue under the non-cancelable lease is $12.5 million on an annual basis. Percentage rent is accrued when the specified income targets have been met. Ground Leases As of December 31, 2016, all or a portion of 26 of our hotels are subject to ground leases, generally with multiple renewal options, all of which are accounted for as operating leases. For lease agreements with scheduled rent increases, we recognize the lease expense ratably over the term of the lease. Certain of these leases contain provisions for the payment of contingent rentals based on a percentage of sales in excess of stipulated amounts. Other Lease Information We also have leases on facilities used in our former restaurant business, all of which we subsequently subleased. These leases and subleases contain one or more renewal options, generally for five- or ten-year periods. The restaurant leases are accounted for as operating leases. Our contingent liability related to these leases is $12 million as of December 31, 2016. We, however, consider the likelihood of any material funding related to these leases to be remote. Our leasing activity also includes those entered into by our hotels for various types of equipment, such as computer equipment, vehicles and telephone systems. Equipment leases are accounted for either as operating or capital leases, depending upon the characteristics of the particular lease arrangement. Equipment leases that are characterized as capital leases are classified as furniture and equipment and are depreciated over the life of the lease. The amortization expense applicable to capitalized leases is included in depreciation expense. The following table presents the future minimum annual rental commitments required under non-cancelable operating leases for which we are the lessee (in millions): As of December 31, 2016 2017 $ 43 2018 41 2019 38 2020 38 2021 37 Thereafter 1,264 Total minimum lease payments $ 1,461 Minimum payments for the operating leases have not been reduced by aggregate minimum sublease rentals from restaurants of approximately $7 million that are payable to us under non-cancelable subleases. Rent expense is included in other property-level expenses and consists of (in millions): Year ended December 31, 2016 2015 2014 Minimum rentals on operating leases $ 45 $ 46 $ 47 Additional rentals based on sales 38 33 32 Less: sublease rentals (2 ) (2 ) (3 ) $ 81 $ 77 $ 76

Employee Stock Plans

Employee Stock Plans	12 Months Ended
	Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Employee Stock Plans	8. Employee Stock Plans Upon the issuance of Host Inc.’s common stock under either of the two stock-based compensation plans described below, Host L.P. will issue to Host Inc. common OP units of an equivalent value. Accordingly, these awards and related disclosures are included in both Host Inc.’s and Host L.P.’s consolidated financial statements. Host Inc. maintains two stock-based compensation plans, the Comprehensive Stock and Cash Incentive Plan (the “2009 Comprehensive Plan”), under which Host Inc. may award to participating employees its common stock and options to purchase our common stock, and the Employee Stock Purchase Plan (“ESPP”). At December 31, 2016, there were approximately 14 million shares of Host Inc.’s common stock reserved and available for issuance under the 2009 Comprehensive Plan. We recognize costs resulting from share-based payments in our financial statements over their vesting periods. No compensation cost is recognized for awards for which employees do not render the requisite services. We classify share-based payment awards granted in exchange for employee services as either equity-classified or liability-classified awards. Equity-classified awards are measured based on their fair value as of the date of grant. In contrast, liability-classified awards are re-measured to fair value each reporting period. During 2016, 2015 and 2014, we recorded stock-based compensation expense of approximately $12 million, $11 million and $22 million, respectively. Shares granted in 2016, 2015 and 2014 totaled 2.3 million, 1.8 million and 2.0 million, respectively, while 1.2 million, 0.8 million and 1.3 million shares, respectively, vested during those years. Senior Executive Plan During 2016, Host Inc. granted 1.6 million shares of restricted stock awards and 0.6 million shares of stock option awards, to senior executives (the “Annual Plan”), which amount represents the maximum number of shares that can be earned during the year if performance is at the “high” level of achievement. The stock option awards have an average exercise price of $14.26 per share for performance year 2016. The restricted stock awards and stock option awards vest on an annual basis; therefore, no unvested awards were outstanding at December 31, 2016. Restricted stock awards Vesting of restricted stock awards is based on (1) the achievement of relative total shareholder return (“TSR”) and (2) the company and personal performance of employees attributable to specific management business objectives. Approximately 50% of the restricted stock awards are based on the satisfaction of the TSR compared to (i) the NAREIT index, (ii) the Standard & Poor’s index, and (iii) a Selected Lodging Company index that serves as a relevant industry/asset specific measurement to our competitors, with the remaining 50% based on the achievement of management business objectives. Restricted stock awards granted to U.S. senior executives are classified as liability awards, due to settlement features that allow the recipient to have a percentage of the restricted stock awards withheld to meet income tax requirements in excess of the statutory minimum income tax withholding requirements. The fair value of these shares is adjusted at each balance sheet date and, at year end, is equal to the number of shares earned during the year at the December 31, 2016 stock price. Of the awards granted in 2016, 99% were classified as liability awards. In contrast, restricted stock awards granted to senior executives operating out of our international offices do not have this settlement feature and are considered equity-classified awards. The fair value of these equity-classified awards is based on the fair value on the grant date, and is not adjusted for subsequent movements in fair value. During 2016, 2015 and 2014, we recorded compensation expense of approximately $10 million, $8 million and $18 million, respectively, related to the restricted stock awards to senior executives. The following table is a summary of the status of our senior executive plans for the three years ended December 31, 2016: Year ended December 31, 2016 2015 2014 Shares Fair Value Shares Fair Value Shares Fair Value (in millions) (per share) (in millions) (per share) (in millions) (per share) Balance, at beginning of year — $ — — $ — — $ — Granted 1.6 18 1.3 16 1.5 18 Vested (1) (0.6 ) 19 (0.4 ) 15 (0.8 ) 24 Forfeited/expired (1.0 ) 19 (0.9 ) 15 (0.7 ) 24 Balance, at end of year — — — — — — Issued in calendar year (1) 0.2 15 0.5 24 0.4 19 ___________ (1) Shares that vest at December 31 of each year are issued to the employees in the first quarter of the following year, although the requisite service period is complete. Accordingly, the 0.2 million shares issued in 2016 include shares vested at December 31, 2015, after adjusting for shares withheld to meet employee tax requirements. The shares withheld for employee tax requirements were valued at $2.4 million, $9.8 million and $6.1 million for 2016, 2015 and 2014, respectively. Stock Option Awards As of December 31, 2016, 1.3 million shares of stock option awards were outstanding and exercisable, with a weighted average remaining life of 8 years and a weighted average exercise price of $17.78 per share. During 2016, 2015 and 2014, stock option grants totaled 596,000, 366,000 and 393,000, respectively. Stock option compensation expense was $1.5 million for 2016, and $1.8 million for each of 2015 and 2014, and all stock option awards outstanding as of December 31, 2016 were fully vested. The stock option awards are equity-classified awards, as they do not include cash settlement features. We expense stock option awards over the vesting period based on the estimated fair value of the options at the grant date using a binomial pricing model. The utilization of the binomial model requires us to make certain estimates related to the volatility of the share price of our common stock, risk-free interest rates, the amount of awards expected to be forfeited, and our expected dividend yield. To calculate the fair value of stock option awards granted from 2014 to 2016, we assumed (i) a volatility ranging between 28% and 32%, (ii) a risk-free rate ranging between 1.0% and 1.8%, (iii) a dividend yield of between 3% and 5%, and (iv) an expected life of 5.5 years. Other Stock Plans In addition to the share-based plans described above, we maintain an upper-middle management plan and an employee stock purchase plan. The awards are time-based equity-classified awards that vest within three years of the grant date and compensation expense is recognized over the life of the award based on the grant date fair value. Through the employee stock purchase plan, employees can purchase stock at a discount of 10% of the lower of the beginning and ending stock price each quarter. During 2016, 2015 and 2014, we granted 118,000 shares, 116,000 shares and 118,000 shares, respectively, under both of these programs and recorded expense of $1.6 million, $1.9 million and $2.2 million, respectively.

Profit Sharing and Postemployme

Profit Sharing and Postemployment Benefit Plans	12 Months Ended
	Dec. 31, 2016
Compensation And Retirement Disclosure [Abstract]
Pension and Other Postemployment Benefits Plans	9. Profit Sharing and Postemployment Benefit Plans We contribute to defined contribution plans for the benefit of employees who meet certain eligibility requirements and who elect participation in the plans. The discretionary amount to be matched by us is determined annually by Host Inc.’s Board of Directors. Our liability recorded for this obligation is not material. Payments for these items were not material for the three years ended December 31, 2016.

Dispositions

Dispositions	12 Months Ended
	Dec. 31, 2016
Disposal Group Not Discontinued Operation Disposal Disclosures [Abstract]
Dispositions	10. Dispositions We disposed of ten hotels in 2016, eight hotels in 2015 and five hotels in 2014. The following table provides summary results of operations for these hotels, which are included in continuing operations (in millions): Year ended December 31, 2016 2015 2014 Revenues $ 58 $ 214 $ 353 Income before taxes and gain on disposal 10 25 27 Gain on disposals 243 89 229 Subsequent to year end, we sold the JW Marriott Desert Springs Resort & Spa for $172 million, including the $12 million FF&E replacement fund retained at the hotel. The hotel was classified as held for sale at December 31, 2016.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Acquisitions	11. Acquisitions Business Combinations On June 8, 2015, we acquired the 643-room Phoenician hotel for approximately $400 million and recorded $1 million of acquisition related expenses. Subsequent to year end, on February 16, 2017 we acquired the 347-room Don CeSar, including the adjacent Beach House Suites for $214 million. Accounting for the acquisition of a hotel property or an entity as a purchase transaction requires an allocation of the purchase price to the assets acquired and the liabilities assumed in the transaction at their respective estimated fair values. The purchase price allocations are estimated based on current available information; however, we still are in the process of obtaining appraisals and finalizing the accounting for the acquisition of The Don CeSar. The estimated fair value of the assets acquired related to this acquisition is $214 million. Asset Acquisitions For 2016 and 2015, our other asset acquisitions were as follows: • In October 2016, we purchased eight apartments at the Hilton Melbourne South Wharf for $4 million (A$5 million). • In July 2016, we purchased the ground lease at the Key Bridge Marriott for $54 million. • On December 30, 2015, we purchased the land under the Minneapolis City Center Marriott for $34 million. • In February 2015, we purchased the ground lease at the Sheraton Indianapolis Hotel at Keystone Crossing, along with two out-parcels, for $4.6 million.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	12. Fair Value Measurements Overview Our recurring fair value measurements consist of the valuation of our derivative instruments, all of which are designated as accounting hedges. 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 (in millions): Fair Value at Measurement Date Using Balance at December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Measurements on a Recurring Basis: Assets Foreign currency forward sale contracts (1) $ 12 $ — $ 12 $ — Fair Value at Measurement Date Using Balance at December 31, 2015 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) $ 17 $ — $ 17 $ — Liabilities Interest rate swap derivatives (1) (1 ) — (1 ) — ___________ (1) These derivative contracts have been designated as hedging instruments. Derivatives and Hedging Foreign Investment Hedging Instruments. We have six 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) within the equity portion of our balance sheet. The foreign currency 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. During 2016, in connection with the maturity of foreign currency forward sale contracts with a total notional amount of C$25 million and € The following table summarizes our foreign currency forward sale contracts (in millions): Currently Outstanding Change in Fair Value - All Contracts Total Transaction Amount in Total Transaction Gain (Loss) Transaction Date Foreign Amount Forward Year ended December 31, Range Currency in Dollars Date Range 2016 2015 May 2014-January 2016 € 100 $ 118 May 2017-January 2018 $ 5 $ 13 November 2016 C$ 25 $ 19 November 2018 $ — $ 3 November 2016 NZ$ 45 $ 32 February 2017 $ 1 $ — In addition to the foreign currency 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. As a result, currency translation adjustments in the designated credit facility draws are recorded to other comprehensive income (loss) within the equity portion of our balance sheet, which adjustments offset a portion of the translation adjustment related to our foreign investments. The following table summarizes the draws on our credit facility that are designated as hedges of net investments in international operations (in millions): Balance Balance Gain (Loss) Outstanding Outstanding in Year ended December 31, Currency US$ Foreign Currency 2016 2015 Canadian dollars (1) $ 34 C$ 46 $ (1 ) $ 5 Euros $ 81 € 77 $ 3 $ 10 Australian dollars $ 36 A$ 50 $ 2 $ — ___________ (1) We have drawn an additional $45 million on the credit facility in Canadian dollars that has not been designated as a hedging instrument. Other Assets and Liabilities Fair Value of Other Financial Assets and Liabilities. We did not elect the fair value measurement option for any of our other financial assets or liabilities. The fair values of secured debt and our credit facility are determined based on the expected future payments discounted at risk-adjusted rates. Senior notes 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): December 31, 2016 December 31, 2015 Carrying Amount Fair Value Carrying Amount Fair Value Financial liabilities Senior notes (Level 1) $ 2,380 $ 2,477 $ 2,376 $ 2,452 Credit facility (Level 2) 1,206 1,211 1,291 1,298 Mortgage debt and other, excluding capital leases (Level 62 62 199 199

Relationship with Marriott Inte

Relationship with Marriott International	12 Months Ended
	Dec. 31, 2016
Related Party Transactions [Abstract]
Relationship with Marriott International	13. Relationship with Marriott International We have entered into various agreements with Marriott, including for the management of approximately 77% of our hotels (as measured by revenues), the partnership agreement for the JW Marriott Hotel Mexico City, Mexico and certain limited administrative services. In 2016, 2015 and 2014, we paid Marriott $159 million, $138 million and $142 million, respectively, of hotel management fees and approximately $4.6 million, $2.6 million and $1.4 million, respectively, of franchise fees.

Hotel Management Agreements and

Hotel Management Agreements and Operating and License Agreements	12 Months Ended
	Dec. 31, 2016
Contractors [Abstract]
Hotel Management Agreements and Operating and License Agreements	14. Hotel Management Agreements and Operating and License Agreements All of our hotels are managed by third parties pursuant to management or operating agreements, with some of our hotels also being subject to separate license agreements addressing matters pertaining to operation under the designated brand. Properties managed by Marriott and Hyatt represent 77% and 13% of our total revenues, respectively. Under these agreements, the managers generally have sole responsibility for all activities necessary for the day-to-day operation of the hotels, including establishing room rates, processing reservations and promoting and publicizing the hotels. The managers also provide all employees for the hotels, prepare reports, budgets and projections, and provide other administrative and accounting support services to the hotels. We have approval rights over budgets, capital expenditures, significant leases and contractual commitments, and various other matters. The initial term of our agreements generally is 10 to 25 years, with one or more renewal terms at the option of the manager. The majority of our agreements condition the manager’s right to exercise options for renewal upon the satisfaction of specified economic performance criteria. The manager typically receives a base management fee, which is calculated as a percentage (generally 2-3%) of annual gross revenues, and an incentive management fee, which typically is calculated as a percentage (generally 10-20%) of operating profit after the owner has received a priority return on its investment. In the case of our hotels operating under the W ® ® ® ® ® As part of the agreements, the manager furnishes the hotels with certain chain services, which generally are provided on a central or regional basis to all hotels in the manager’s hotel system. Chain services include central training, advertising and promotion, national reservation systems, computerized payroll and accounting services, and such additional services as needed which may be more efficiently performed on a centralized basis. Costs and expenses incurred in providing such services are allocated among the hotels managed, owned or leased by the manager on a fair and equitable basis. In addition, our managers generally will sponsor a guest rewards program, the costs of which will be charged to all of the hotels that participate in such program. We are obligated to provide the manager with sufficient funds, generally 5% of the revenue generated at the hotel, to cover the cost of (a) certain non-routine repairs and maintenance to the hotels which normally are capitalized, and (b) replacements and renewals to the hotels’ furniture, fixtures and equipment. Under certain circumstances, we will be required to establish escrow accounts for such purposes under terms outlined in the agreements. We generally are limited in our ability to sell, lease or otherwise transfer the hotels unless the transferee assumes the related management agreement. However, most agreements include owner rights to terminate the agreements on the basis of the manager’s failure to meet certain performance-based metrics. Typically, these criteria are subject to the manager’s ability to ‘cure’ and avoid termination by payment to us of specified deficiency amounts (or, in some instances, waiver of the right to receive specified future management fees). In addition to any performance-based or other termination rights, we have negotiated with Marriott and some of our other managers specific termination rights related to specific agreements. These termination rights can take a number of different forms, including termination of agreements upon sale that leave the property unencumbered by any agreement; termination upon sale provided that the property continues to be operated under a license or franchise agreement with continued brand affiliation; as well as termination without sale or other condition, which may require the payment of a fee. These termination rights also may restrict the number of agreements that may be terminated over any annual or other period; impose limitations on the number of agreements terminated as measured by EBITDA; require that a certain number of properties continue to maintain the brand affiliation; or be restricted to a specific pool of assets.

Geographic and Business Segment

Geographic and Business Segment Information	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Geographic and Business Segment Information	15. Geographic and Business Segment Information We consider each one 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 our retail and office spaces) are immaterial and, with our operating segments, meet the aggregation criteria, and thus, we report one segment: hotel ownership. Our international operations consist of hotels in four countries as of December 31, 2016. There were no intersegment sales during the periods presented. The following table presents revenues and long-lived assets for each of the geographical areas in which we operate (in millions): 2016 2015 2014 Revenues Property and Equipment, net Revenues Property and Equipment, net Revenues Property and Equipment, net United States $ 5,259 $ 9,913 $ 5,129 $ 10,294 $ 5,044 $ 10,030 Australia 34 85 34 88 39 102 Brazil 34 63 30 53 36 82 Canada 54 71 58 66 87 82 Chile 9 — 25 44 32 44 Mexico 29 13 29 18 29 26 New Zealand 11 — 45 20 54 128 Total $ 5,430 $ 10,145 $ 5,350 $ 10,583 $ 5,321 $ 10,494

Guarantees and Contingencies

Guarantees and Contingencies	12 Months Ended
	Dec. 31, 2016
Guarantees [Abstract]
Guarantees and Contingencies	16. Guarantees and Contingencies We have certain guarantees which consist of commitments made to third parties for leases or debt that are not recognized in our consolidated financial statements due to various dispositions, spin-offs and contractual arrangements, but that we have agreed to pay in the event of certain circumstances, including the default by an unrelated party. We also may have contingent environmental liabilities related to the presence of hazardous or toxic substances. We consider the likelihood of any material payments under these guarantees and contingencies to be remote. The guarantees and contingencies that are not recognized in our consolidated financial statements are listed below: • We remain contingently liable for rental payments on certain divested non-lodging properties. These properties primarily represent certain restaurants that were sold subject to our guarantee of the future rental payments. The aggregate amount of these future rental payments is approximately $12 million as of December 31, 2016. • In connection with the sale of two hotels in January 2005, we remain contingently liable for the amounts due under the respective ground leases. The future minimum lease payments are approximately $8 million through the full term of the leases, including renewal options. We believe that the likelihood of any material payments related to these ground leases is remote, and in each case, we have been indemnified by the purchaser of the hotel. In connection with the sale of the Atlanta Marriott Marquis in January 2013, we retained a contingent liability for potential environmental liabilities, which is not to exceed $5 million. This amount is recorded on our consolidated balance sheet.

Legal Proceedings

Legal Proceedings	12 Months Ended
	Dec. 31, 2016
Commitments And Contingencies Disclosure [Abstract]
Legal Proceedings	17. Legal Proceedings We are involved in various legal proceedings in the ordinary course of business regarding the operation of our hotels and company matters. To the extent not covered by insurance, these lawsuits 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 $5 million as of December 31, 2016. We have estimated that, in the aggregate, our losses related to these proceedings could be as much as $17 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.

Quarterly Financial Data (unaud

Quarterly Financial Data (unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (unaudited)	18. Quarterly Financial Data (unaudited) 2016 First Second Third Fourth Quarter Quarter Quarter Quarter (in millions, except per share/unit amounts) Host Hotels & Resorts, Inc.: Revenues $ 1,339 $ 1,459 $ 1,295 $ 1,337 Operating profit 151 239 144 150 Net income 184 351 108 128 Net income attributable to Host Hotels & Resorts, Inc. 182 347 107 126 Basic earnings per common share .24 .47 .14 .17 Diluted earnings per common share .24 .47 .14 .17 Host Hotels & Resorts, L.P. (1) Net income attributable to Host Hotels & Resorts, L.P. 184 352 108 127 Basic earnings per common unit .25 .48 .15 .17 Diluted earnings per common unit .25 .48 .15 .17 2015 First Second Third Fourth Quarter Quarter Quarter Quarter (in millions, except per share/unit amounts) Host Hotels & Resorts, Inc.: Revenues $ 1,302 $ 1,439 $ 1,283 $ 1,326 Operating profit 133 222 133 143 Net income 99 214 87 165 Net income attributable to Host Hotels & Resorts, Inc. 98 212 85 163 Basic earnings per common share .13 .28 .11 .22 Diluted earnings per common share .13 .28 .11 .22 Host Hotels & Resorts, L.P. (1) Net income attributable to Host Hotels & Resorts, L.P. 99 215 86 165 Basic earnings per common unit .13 .29 .12 .22 Diluted earnings per common unit .13 .29 .12 .22 ___________ (1) Other income statement line items not presented for Host L.P. are equal to the amounts presented for Host Inc. The sum of the basic and diluted earnings per common share and OP units for the four quarters in all years presented differs from the annual earnings per common share and OP units due to the required method of computing the weighted average number of shares and OP units in the respective periods.

Real Estate and Accumulated Dep

Real Estate and Accumulated Depreciation	12 Months Ended
	Dec. 31, 2016
Real Estate And Accumulated Depreciation Disclosure [Abstract]
Real Estate and Accumulated Depreciation	SCHEDULE III Page 1 of 5 HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES REAL ESTATE AND ACCUMULATED DEPRECIATION December 31, 2016 (in millions) Initial Cost Subsequent Foreign Gross Amount at December 31, 2016 Date of Buildings & Costs Currency Buildings & Accumulated Completion of Date Depreciation Description Debt Land Improvements Capitalized Adjustment Land Improvements Total Depreciation Construction Acquired Life Hotels: Atlanta Marriott Suites Midtown — — 26 9 — — 35 35 21 — 1996 40 Axiom Hotel — 36 38 39 — 36 77 113 6 — 2014 33 Boston Marriott Copley Place — — 203 79 — — 282 282 129 — 2002 40 Calgary Marriott Downtown — 5 18 45 — 5 63 68 29 — 1996 40 Chicago Marriott Suites Downers Grove — 2 14 12 — 2 26 28 14 — 1996 40 Chicago Marriott Suites O'Hare — 5 36 19 — 5 55 60 25 — 1998 40 Coronado Island Marriott Resort & Spa — — 53 45 — — 98 98 51 — 1997 40 Costa Mesa Marriott — 3 18 9 — 3 27 30 16 — 1996 40 Courtyard Chicago Downtown/River North — 7 27 15 — 7 42 49 27 — 1992 40 Denver Marriott Tech Center Hotel — 6 26 74 — 6 100 106 39 — 1994 40 Denver Marriott West — — 12 14 — — 26 26 20 — 1983 40 Embassy Suites Chicago-Downtown/Lakefront — — 86 17 — — 103 103 35 — 2004 40 Gaithersburg Marriott Washingtonian Center — 7 22 13 — 7 35 42 22 — 1993 40 Grand Hyatt Atlanta in Buckhead — 8 88 30 — 8 118 126 58 — 1998 40 Grand Hyatt Washington — 154 247 29 — 154 276 430 48 — 2012 33 Hilton Melbourne South Wharf 62 — 136 16 (50 ) — 102 102 20 — 2011 31 Hilton Singer Island Oceanfront Resort — 2 10 22 — 2 32 34 22 — 1994 40 Houston Airport Marriott at George Bush Intercontinental — — 10 91 — — 101 101 55 — 1984 40 Houston Marriott Medical Center — — 19 32 — — 51 51 31 — 1998 40 Hyatt Place Waikiki Beach — 12 120 2 — 12 122 134 15 — 2013 34 Hyatt Regency Cambridge, Overlooking Boston — 18 84 11 — 19 94 113 54 — 1998 40 Hyatt Regency Maui Resort & Spa — 92 212 47 — 81 270 351 105 — 2003 40 Hyatt Regency Reston — 11 78 29 — 12 106 118 52 — 1998 40 Hyatt Regency San Francisco Airport — 16 119 107 — 20 222 242 91 — 1998 40 Hyatt Regency Washington on Capitol Hill — 40 230 41 — 40 271 311 91 — 2005 40 JW Marriott Atlanta Buckhead — 16 21 28 — 16 49 65 35 — 1990 40 JW Marriott Hotel Rio de Janeiro — 13 29 4 (21 ) 7 18 25 4 — 2010 40 JW Marriott Houston — 4 26 43 — 6 67 73 38 — 1994 40 JW Marriott Mexico City — 11 35 20 — 10 56 66 48 — 1996 40 JW Marriott Washington D.C. — 26 98 63 — 26 161 187 85 — 2003 40 Key Bridge Marriott — 54 38 36 — 54 74 128 68 — 1997 40 HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES REAL ESTATE AND ACCUMULATED DEPRECIATION (continued) December 31, 2016 (in millions) Initial Cost Subsequent Foreign Gross Amount at December 31, 2016 Date of Buildings & Costs Currency Buildings & Accumulated Completion of Date Depreciation Description Debt Land Improvements Capitalized Adjustment Land Improvements Total Depreciation Construction Acquired Life Manchester Grand Hyatt, San Diego — — 548 61 — — 609 609 125 — 2011 35 Marina del Rey Marriott — — 13 34 — — 47 47 25 — 1995 40 Marriott Marquis San Diego Marina — — 202 376 — — 578 578 261 — 1996 40 Miami Marriott Biscayne Bay — — 27 39 — — 66 66 46 — 1998 40 Minneapolis Marriott City Center — 34 27 44 — 34 71 105 58 — 1995 40 New Orleans Marriott — 16 96 133 — 16 229 245 148 — 1996 40 New York Marriott Downtown — 19 79 48 — 19 127 146 77 — 1997 40 New York Marriott Marquis — 49 552 224 — 49 776 825 576 — 1986 40 Newark Liberty International Airport Marriott — — 30 47 — — 77 77 45 — 1984 40 Newport Beach Marriott Bayview — 6 14 12 — 6 26 32 16 — 1988 40 Newport Beach Marriott Hotel & Spa — 11 13 116 — 8 132 140 83 — 1988 40 Orlando World Center Marriott — 18 157 378 — 29 524 553 268 — 1997 40 Philadelphia Airport Marriott — — 42 18 — — 60 60 33 — 1995 40 Residence Inn Arlington Pentagon City — 6 29 12 — 6 41 47 23 — 1996 40 Rio de Janeiro Parque Olympico Hotels — 21 39 — (21 ) 12 27 39 2 2014 — 35 San Antonio Marriott Rivercenter — — 86 85 — — 171 171 97 — 1996 40 San Antonio Marriott Riverwalk — — 45 32 — — 77 77 42 — 1995 40 San Francisco Marriott Fisherman’s Wharf — 6 20 21 — 6 41 47 28 — 1994 40 San Francisco Marriott Marquis — — 278 120 — — 398 398 265 — 1989 40 San Ramon Marriott — — 22 24 — — 46 46 26 — 1996 40 Santa Clara Marriott — — 39 59 — — 98 98 85 — 1989 40 Scottsdale Marriott at McDowell Mountains — 8 48 7 — 8 55 63 19 — 2004 40 Scottsdale Marriott Suites Old Town — 3 20 11 — 3 31 34 18 — 1996 40 Sheraton Boston Hotel — 42 262 68 — 42 330 372 111 — 2006 40 Sheraton Indianapolis Hotel at Keystone Crossing — 3 51 33 — 8 79 87 29 — 2006 40 Sheraton Memphis Downtown Hotel — — 16 50 — — 66 66 35 — 1998 40 Sheraton New York Times Square Hotel — 346 409 203 — 346 612 958 215 — 2006 40 Sheraton Parsippany Hotel — 8 30 19 — 8 49 57 20 — 2006 40 Sheraton San Diego Hotel & Marina — — 328 38 — — 366 366 111 — 2006 40 Swissôtel Chicago — 29 132 83 — 29 215 244 95 — 1998 40 Tampa Airport Marriott — — 9 25 — — 34 34 28 — 1971 40 The Camby Hotel — 10 63 28 — 10 91 101 40 — 1998 40 The Fairmont Kea Lani, Maui — 55 294 64 — 55 358 413 124 — 2004 40 The Logan — 26 60 68 — 27 127 154 49 — 1998 40 HOST HOTELS & RESORTS, INC., HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES REAL ESTATE AND ACCUMULATED DEPRECIATION (continued) December 31, 2016 (in millions) Initial Cost Subsequent Foreign Gross Amount at December 31, 2016 Date of Buildings & Costs Currency Buildings & Accumulated Completion of Date Depreciation Description Debt Land Improvements Capitalized Adjustment Land Improvements Total Depreciation Construction Acquired Life The Phoenician Hotel — 72 307 27 — 72 334 406 19 — 2015 32 The Ritz-Carlton, Amelia Island — 25 115 81 — 25 196 221 100 — 1998 40 The Ritz-Carlton, Buckhead — 14 81 65 — 15 145 160 89 — 1996 40 The Ritz-Carlton, Marina del Rey — — 52 34 — — 86 86 51 — 1997 40 The Ritz-Carlton, Naples — 19 126 138 — 21 262 283 156 — 1996 40 The Ritz-Carlton, Naples Golf Resort — 22 10 74 — 22 84 106 30 2002 — 40 The Ritz-Carlton, Tysons Corner — — 89 32 — — 121 121 59 — 1998 40 The St. Regis Houston — 6 33 20 — 6 53 59 23 — 2006 40 The Westin Buckhead Atlanta — 5 84 34 — 6 117 123 56 — 1998 40 The Westin Chicago River North — 33 116 12 — 33 128 161 22 — 2010 40 The Westin Cincinnati — — 54 18 — — 72 72 26 — 2006 40 The Westin Denver Downtown — — 89 19 — — 108 108 34 — 2006 40 The Westin Georgetown, Washington D.C. — 16 80 15 — 16 95 111 33 — 2006 40 The Westin Indianapolis — 12 100 17 — 12 117 129 36 — 2006 40 The Westin Kierland Resort & Spa — 100 280 25 — 100 305 405 83 — 2006 40 The Westin Los Angeles Airport — — 102 19 — — 121 121 40 — 2006 40 The Westin Mission Hills Resort & Spa — 40 47 (39 ) — 13 35 48 23 — 2006 40 The Westin New York Grand Central — 156 152 80 — 156 232 388 82 — 2011 40 The Westin Seattle — 39 175 33 — 39 208 247 62 — 2006 40 The Westin South Coast Plaza, Costa Mesa — — 46 24 — — 70 70 37 — 2006 40 The Westin Waltham-Boston — 9 59 18 — 9 77 86 26 — 2006 40 Toronto Marriott Downtown Eaton Centre Hotel — — 27 29 — — 56 56 32 — 1995 40 W New York — 138 102 72 — 138 174 312 72 — 2006 40 W New York - Union Square — 48 145 12 — 48 157 205 29 — 2010 40 W Seattle — 11 125 11 — 11 136 147 37 — 2006 40 Washington Dulles Airport Marriott — — 3 41 — — 44 44 37 — 1970 40 Washington Marriott at Metro Center — 20 24 28 — 20 52 72 34 — 1994 40 Westfields Marriott Washington Dulles — 7 32 18 — 7 50 57 32 — 1994 40 YVE Hotel Miami — 15 41 1 — 15 42 57 4 — 2014 33 Total hotels: 62 2,071 8,955 4,579 (92 ) 2,043 13,470 15,513 5,941 Other properties, each less than 5% of total — 4 1 12 — 4 13 17 8 — various 40 TOTAL $ 62 $ 2,075 $ 8,956 $ 4,591 $ (92 ) $ 2,047 $ 13,483 $ 15,530 $ 5,949 HOST HOTELS & RESORTS, INC., AND SUBSIDIARIES HOST HOTELS & RESORTS, L.P., AND SUBSIDIARIES REAL ESTATE AND ACCUMULATED DEPRECIATION December 31, 2016 (in millions) Notes: (A) The change in total cost of properties for the fiscal years ended December 31, 2016, 2015 and 2014 is as follows: Balance at December 31, 2013 $ 15,245 Additions: Acquisitions 137 Capital expenditures and transfers from construction-in-progress 285 Deductions: Dispositions and other (501 ) Impairments (6 ) Balance at December 31, 2014 15,160 Additions: Acquisitions 419 Capital expenditures and transfers from construction-in-progress 383 Deductions: Dispositions and other (368 ) Assets held for sale (78 ) Balance at December 31, 2015 15,516 Additions: Acquisitions 58 Capital expenditures and transfers from construction-in-progress 510 Deductions: Dispositions and other (331 ) Assets held for sale (223 ) Balance at December 31, 2016 $ 15,530 (B) The change in accumulated depreciation and amortization of real estate assets for the fiscal years ended December 31, 2016, 2015 and 2014 is as follows: Balance at December 31, 2013 $ 4,962 Depreciation and amortization 540 Dispositions and other (219 ) Balance at December 31, 2014 5,283 Depreciation and amortization 558 Dispositions and other (148 ) Depreciation on assets held for sale (27 ) Balance at December 31, 2015 5,666 Depreciation and amortization 572 Dispositions and other (159 ) Depreciation on assets held for sale (130 ) Balance at December 31, 2016 $ 5,949 (C) The aggregate cost of real estate for federal income tax purposes is approximately $10,561 million at December 31, 2016. (D) The total cost of properties excludes construction-in-progress properties.

Summary of Significant Accoun29

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Basis of Presentation and Principles of Consolidation	Basis of Presentation and Principles of Consolidation The accompanying consolidated financial statements include the consolidated accounts of Host Inc., Host L.P. and their subsidiaries and controlled affiliates, including joint ventures and partnerships. We consolidate subsidiaries when we have the ability to control the entity. For the majority of our hotel and real estate investments, we consider those control rights to be (i) approval or amendment of developments plans, (ii) financing decisions, (iii) approval or amendments of operating budgets, and (iv) investment strategy decisions. We also evaluate our subsidiaries to determine if they are variable interest entities (“VIEs”). If a subsidiary is a VIE, it is subject to the consolidation framework specifically for VIEs. Typically, the entity that has the power to direct the activities that most significantly impact economic performance would consolidate the VIE. We consider an entity a VIE if equity investors own an interest therein that does not have the characteristics of a controlling financial interest or if such investors do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support. We review our subsidiaries and affiliates at least annually to determine if (i) they should be considered VIEs, and (ii) whether we should change our consolidation determination based on changes in the characteristics of these entities. In February 2015, the Financial Accounting Standards Board (“ Amendments to the Consolidation Analysis Additionally, three partnerships now are considered VIE’s, as the general partner maintains control over the decisions that most significantly impact the partnerships; however, this consideration did not change the consolidation determination. This conclusion includes the operating partnership, Host L.P., which is consolidated by Host Inc., of which Host Inc. is the general partner and holds 99% of the limited partner interests. Host Inc.’s sole significant asset is its investment in Host L.P. and, consequently, substantially all of Host Inc.’s assets and liabilities represent assets and liabilities of Host L.P. All of Host Inc.’s debt is an obligation of Host L.P. and may be settled only with assets of Host L.P. We also determined that our consolidated partnership that owns the Houston Airport Marriott at George Bush Intercontinental, of which we are the general partner and hold 85% of the partnership interests, is a VIE. The total assets of this VIE at December 31, 2016 are $60 million and consist of cash and property and equipment. Liabilities for the VIE total $3 million and consist of accounts payable and deferred revenue. The unconsolidated partnership that owns the Philadelphia Marriott Downtown, of which we hold 11% of the limited partner interests, also is a VIE. The carrying amount of this investment at December 31, 2016 is $(6) million and is included in advances to and investments in affiliates. The mortgage debt held by this VIE is non-recourse to us.
Use of Estimates in the Preparation of Financial Statements	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with U.S. generally accepted accounting principles, or 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.
Cash and Cash Equivalents	Cash and Cash Equivalents We consider all highly liquid investments with a maturity of three months or less at the date of purchase to be cash equivalents.
Restricted Cash	Restricted Cash Restricted cash may include reserves for debt service, real estate taxes, insurance, and furniture, fixtures and equipment replacement, as well as cash collateral and excess cash flow deposits due to mortgage debt agreement restrictions and provisions, and a reserve required for potential legal damages. For purposes of the statements of cash flows, changes in restricted cash caused by changes in required legal reserves are shown as operating activities. Changes in restricted cash caused by using such funds for furniture, fixtures and equipment replacement are shown as investing activities. The remaining changes in restricted cash are the direct result of restrictions under our loan agreements and are reflected in cash flows from financing activities.
Property and Equipment	Property and Equipment Generally, property and equipment is recorded at cost. For properties we develop, cost includes interest and real estate taxes incurred during construction. For property and equipment acquired in a business combination, we record the assets based on their fair value as of the acquisition date. Replacements and improvements and capital leases are capitalized, while repairs and maintenance are expensed as incurred. We capitalize certain inventory (such as china, glass, silver, and linen) at the time of a hotel opening or acquisition, or when significant inventory is purchased (in conjunction with a major rooms renovation or when the number of rooms or meeting space at a hotel is expanded). These amounts then are amortized over the estimated useful life of three years. Subsequent replacement purchases are expensed when placed in service. We maintain a furniture, fixtures and equipment replacement fund for renewal and replacement capital expenditures at our hotels, which generally is funded with 5% of property revenues. Impairment testing. We analyze our consolidated properties for impairment throughout the year when events or circumstances occur that indicate the carrying value may not be recoverable. We consider a property to be impaired when the sum of the future undiscounted cash flows over our remaining estimated holding period is less than the carrying value of the asset. We test for impairment in several situations, including when a property has a current or projected loss from operations, when it becomes more likely than not that a hotel will be sold before the end of its previously estimated useful life, or when other events, trends, contingencies or changes in circumstances indicate that a triggering event has occurred and the carrying value of an asset may not be recoverable. For impaired assets, we record an impairment expense equal to the excess of the carrying value of the asset over its fair value. To the extent that a property has a substantial remaining estimated useful life and management does not believe that it is more likely than not that the property will be disposed of prior to the end of its useful life, it would be unusual for undiscounted cash flows to be insufficient to recover the property’s carrying value. In the absence of other factors, we assume that the estimated life is equal to the GAAP depreciable life because of the continuous property maintenance and improvement capital expenditures required under our management agreements. We adjust our assumptions with respect to the remaining useful life of the property if situations dictate otherwise, such as an expiring ground lease, or that it is more likely than not that the asset will be sold prior to its previously expected useful life. We also consider the effect of regular renewal and replacement capital expenditures on the estimated life of our properties, including critical infrastructure, which regularly is maintained and then replaced at the end of its useful life. In the evaluation of the impairment of our assets, we make many assumptions and estimates, including: • projected cash flows, both from operations and from the eventual disposition; • the expected useful life and holding period of the asset; • the future required capital expenditures; and • fair values, including consideration of capitalization rates, discount rates and comparable selling prices, as well as available third-party appraisals. While we consider all of the above indicators as preliminary indicators to determine if the carrying value may not be recovered by undiscounted cash flows, we reviewed the actual year-to-date and the projected cash flows from operations in order to identify properties with actual or projected annual operating losses or minimal operating profit as of December 31, 2016. The projected cash flows consider items such as booking pace, occupancy, room rate and property-level operating costs. As a result of our review, we identified no properties that required further consideration of property and market specific conditions or factors to determine if it was impaired. If any properties had been identified, we use an undiscounted cash flow analysis, considering a range of RevPAR and operating margins compared to the prior years’ operating results in evaluating the probability-weighted projected cash flows from operations. To appropriately evaluate if the carrying value of the asset is recoverable, we project cash flows at a stabilized growth rate over its remaining estimated life using assumptions and estimates that we believe reflect current market conditions. No impairment was recorded in 2016 and 2015. During 2014, we recognized impairment expense of $6 million on one property, which is included in depreciation and amortization. Classification of Assets as “Held for Sale”. We will classify a hotel as held for sale when the sale thereof is probable, will be completed within one year and actions to complete the sale are unlikely to change or that the sale will not occur. This policy is consistent with our experience with real estate transactions under which the timing and final terms of a sale are frequently not known until purchase agreements are executed, the buyer has a significant deposit at risk and no financing contingencies exist which could prevent the transaction from being completed in a timely manner. We typically classify assets as held for sale when all of the following conditions are met: • Host Inc.’s Board of Directors has approved the sale (to the extent that the dollar amount of the sale requires Board approval); • a binding agreement to sell the property has been signed under which the buyer has committed a significant amount of nonrefundable cash; and • no significant financing contingencies exist which could prevent the transaction from being completed in a timely manner. If these criteria are met, we will cease recording depreciation and will record an impairment expense if the fair value less costs to sell is less than the carrying amount of the hotel. We will classify the assets and related liabilities as held for sale on the balance sheet. Gains on sales of properties are recognized at the time of sale or are deferred and recognized as income in subsequent periods as conditions requiring deferral are satisfied or expire without further cost to us. Discontinued Operations. We generally include the operations of a disposed hotel or a hotel that has been classified as held for sale in continuing operations, including the gain or loss on the sale, unless the sale represents a strategic shift that will have a major impact on our operations and financial results. We adopted this policy as of January 1, 2014, following the issuance of ASU 2014-08 , and no prior year restatements were permitted. Asset retirement obligations. We recognize the fair value of any liability for conditional asset retirement obligations, including environmental remediation liabilities, when incurred, which generally is upon acquisition, construction, or development and/or through the normal operation of the asset, if sufficient information exists with which to reasonably estimate the fair value of the obligation. Depreciation and Amortization Expense. We depreciate our property and equipment using the straight-line method. Depreciation expense is based on the estimated useful life of our assets and amortization expense for leasehold improvements is based on the shorter of the lease term or the estimated useful life of the related assets. The lives of the assets are based on a number of assumptions, including cost and timing of capital expenditures to maintain and refurbish the assets, as well as specific market and economic conditions. While management believes its estimates are reasonable, a change in the estimated lives could affect depreciation expense and net income (loss) or the gain or loss on the sale of any of our hotels.
Intangible Assets and Acquired Liabilities	Intangible Assets and Acquired Liabilities In conjunction with our acquisitions, we may identify intangible assets and other liabilities. These identifiable intangible assets and liabilities typically include above and below market contracts, including ground and retail leases and management and franchise agreements, which are recorded at fair value. These contract values are based on the present value of the difference between contractual amounts to be paid pursuant to the contracts acquired and our estimate of the fair value of rates for corresponding contracts measured over the period equal to the remaining non-cancelable term of the contract. Intangible assets and liabilities are amortized using the straight-line method over the remaining non-cancelable term of the related agreements.
Non-Controlling Interests	Non-Controlling Interests Other Consolidated Partnerships. As of December 31, 2016, we consolidate four majority-owned partnerships that have third-party, non-controlling ownership interests. The third-party partnership interests are included in non-controlling interest-other consolidated partnerships on the consolidated balance sheets and totaled $39 million and $40 million as of December 31, 2016 and 2015, respectively. One of the partnerships has a finite life that terminates in 2095, and the associated non-controlling interests are mandatorily redeemable at the end of, but not prior to, the finite life. Net income (loss) attributable to non-controlling interests of consolidated partnerships is included in our determination of net income (loss). Net income attributable to non-controlling interests of third parties was immaterial for each of the years ended December 31, 2016, 2015 and 2014. 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 its 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. stock, at our option, that would be paid to the non-controlling interests of Host L.P. if it were terminated. We have estimated that the redemption value is equivalent to the number of shares issuable upon conversion of the OP units currently owned by unrelated third parties (one OP unit may be exchanged for 1.021494 shares of Host Inc. common stock) valued at the market price of Host Inc. common stock at the balance sheet date. Non-controlling interests of Host L.P. are classified in the mezzanine section of the balance sheet 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: As of December 31, 2016 2015 OP units outstanding (millions) 8.6 9.1 Market price per Host Inc. common share $ 18.84 $ 15.34 Shares issuable upon conversion of one OP unit 1.021494 1.021494 Redemption value (millions) $ 165 $ 143 Historical cost (millions) 84 90 Book value (millions) (1) 165 143 ___________ (1) Net income (loss) is allocated to the non-controlling interests of Host L.P. based on their weighted average ownership percentage during the period. Net income attributable to Host Inc. has been reduced by the amount attributable to non-controlling interests in Host L.P., which totaled $9 million, $7 million and $9 million for 2016, 2015 and 2014, respectively.
Investments in Affiliates	Investments in Affiliates Other-than-Temporary Impairment of an Investment. We perform an analysis for our equity method investments for impairment based on the occurrence of triggering events that would indicate that the carrying amount of the investment exceeds its fair value on an other-than-temporary basis. Triggering events can include a decline in distributable cash flows from the investment, a change in the expected useful life or other significant events which would decrease the value of the investment. Our investments primarily consist of joint ventures which own hotel properties; therefore, generally we will have few observable inputs and will determine fair value based on a discounted cash flow analysis of the investment, as well as consideration of the impact of other elements (i.e. control premiums, etc.). We use certain inputs, such as available third-party appraisals and forecast net operating income for the hotel properties, to estimate the expected cash flows. If an equity method investment is impaired and that impairment is determined to be other than temporary, an expense is recorded for the difference between the fair value and the carrying amount of the investment. No other-than-temporary impairment was recorded in 2016, 2015, or 2014. Distributions from Investments in Affiliates. We classify the distributions from our equity investments in the statements of cash flows based upon an evaluation of the specific facts and circumstances of each distribution. For example, distributions from cash generated by property operations are classified as cash flows from operating activities. However, distributions received as a result of property sales are classified as cash flows from investing activities.
Income Taxes	Income Taxes Host Inc. has elected to be treated as a REIT effective January 1, 1999, pursuant to the U.S. Internal Revenue Code of 1986, as amended. It is our intention to continue to comply with the REIT qualification requirements and to maintain our qualification for taxation as a REIT. A corporation that elects REIT status and meets certain tax law requirements regarding the distribution of its taxable income to its stockholders as prescribed by applicable tax laws and complies with certain other requirements (relating primarily to the composition of its assets and the sources of its revenues) generally is not subject to federal and state income taxation on its operating income that is distributed to its stockholders. As a partnership for federal income tax purposes, Host L.P. is not subject to federal income tax. Host L.P. is, however, subject to state, local and foreign income and franchise tax in certain jurisdictions. Additionally, each of the Host L.P. taxable REIT subsidiaries is taxable as a regular C corporation, subject to federal, state and foreign income tax. Our consolidated income tax provision or benefit includes the income tax provision or benefit related to the operations of our taxable REIT subsidiaries, and state, local, and foreign income and franchise taxes incurred by Host L.P. and its subsidiaries. Deferred Under the partnership agreement, Host L.P. generally is required to reimburse Host Inc. for any tax payments it is required to make. Accordingly, the tax information included herein represents disclosures regarding Host Inc. and its subsidiaries. Deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases, and for net operating loss, capital loss, interest expense, and tax credit carryovers. Deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which such amounts are expected to be realized or settled. The effect on deferred tax assets and liabilities from a change in tax rates is recognized in earnings in the period when the new rate is enacted. However, deferred tax assets are recognized only to the extent that it is more likely than not that they will be realized based on consideration of available evidence, including future reversals of existing taxable temporary differences, future projected taxable income and tax planning strategies. GAAP prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken in a tax return. We must determine whether it is “more-likely-than-not” that a tax position will be sustained upon examination, including resolution of any related appeals or litigation processes, based on the technical merits of the position. Once it is determined that a position meets the more-likely-than-not recognition threshold, the position is measured at the largest amount of benefit that is greater than 50% likely of being realized upon settlement in order to determine the amount of benefit to recognize in the financial statements. This accounting standard applies to all tax positions related to income taxes. We recognize accrued interest related to unrecognized tax benefits in interest expense and penalties in operating expenses.
Deferred Charges	Deferred Charges Financing costs related to long-term debt are deferred and amortized over the remaining life of the debt using the effective interest method. These costs are presented as a direct deduction from their related liabilities on the balance sheets.
Foreign Currency Translation	Foreign Currency Translation As of December 31, 2016, our international operations consist of hotels located in Australia, Brazil, Canada and Mexico, as well as investments in the Euro JV and the Asia/Pacific JV. The financial statements of these hotels and our investments therein are maintained in their functional currency, which generally is the local currency, and their operations are translated to U.S. dollars using the average exchange rates for the period. The assets and liabilities of the hotels and the investments therein are translated to U.S. dollars using the exchange rate in effect at the balance sheet date. The resulting translation adjustments are reflected in other comprehensive income (loss). Foreign currency transactions are recorded in the functional currency for each entity using the exchange rates prevailing at the dates of the transactions. Assets and liabilities denominated in foreign currencies are remeasured at period end exchange rates. The resulting exchange differences are recorded in gain (loss) on foreign currency transactions and derivatives on the accompanying consolidated statements of operations, except when recorded in other comprehensive income (loss) as qualifying net investment hedges.
Derivative Instruments	Derivative Instruments We are subject to market exposures in several aspects of our business and may enter into derivative instruments in order to hedge the effect of these market exposures on our operations. Potential market exposures for which we may use derivative instruments to hedge include: (i) changes in the fair value of our international investments due to fluctuations in currency exchange rates, (ii) changes in the fair value of our fixed-rate debt due to changes in the underlying interest rates, and (iii) variability in interest payments due to changes in the underlying interest rate of our floating-rate debt. Derivative instruments are subject to fair value reporting at each reporting date and the increase or decrease in fair value is recorded in net income (loss) or other comprehensive income (loss), based on the applicable hedge accounting guidance. We estimate the fair value of these instruments through the use of third party valuations, which utilize the market standard methodology of netting the discounted future cash receipts and the discounted future cash payments. Prior to entering into the derivative instrument, we evaluate whether the transaction will qualify for hedge accounting and continue to evaluate hedge effectiveness throughout the life of the instrument. Derivative instruments that meet the requirements for hedge accounting are recorded on the balance sheet at fair value, with offsetting changes recorded to net income (loss) or other comprehensive income (loss), based on the applicable hedge accounting guidance. We incorporate credit valuation adjustments to reflect, as applicable, our own nonperformance risk or the respective counterparty’s nonperformance risk in the fair value measurements. In adjusting the fair value of our derivative instruments for the effect of nonperformance risk, we have considered the impact of netting any applicable credit enhancements, such as collateral postings, thresholds, mutual puts and accumulated guarantees. The variable cash flow streams are based on an expectation of future interest and exchange rates derived from observed market interest and exchange rate curves. The values of these instruments will change over time as cash receipts and payments are made and as market conditions change.
Accumulated Other Comprehensive Income (Loss)	Accumulated Other Comprehensive Income (Loss) The components of total accumulated other comprehensive income (loss) in the balance sheets are as follows (in millions): As of December 31, 2016 2015 Gain on foreign currency forward contracts $ 40 $ 35 Loss on interest rate swap cash flow hedges (5 ) (7 ) Foreign currency translation (121 ) (137 ) Other comprehensive loss attributable to non-controlling interests 3 2 Total accumulated other comprehensive loss $ (83 ) $ (107 ) During 2016, we reclassified a net loss due to foreign currency translation of $17 million that had been recognized previously in other comprehensive income (loss) upon the sale of two hotels in Chile and four hotels in New Zealand. During 2015, we reclassified a net loss due to foreign currency translation of $3 million that had been recognized previously in other comprehensive income (loss) upon the sale of the Delta Meadowvale Hotel & Conference Centre and three hotels in New Zealand. The losses were recognized as a reduction to the gain on sale of assets.
Revenues	Revenues Our results of operations include revenues and expenses of our hotels. Revenues are recognized when the services are provided. Additionally, we collect sales, use, occupancy and similar taxes at our hotels, which we present on a net basis (excluded from revenues) on our statements of operations.
Fair Value Measurement	Fair Value In evaluating the fair value of both financial and non-financial assets and liabilities, GAAP outlines a valuation framework and creates a fair value hierarchy that distinguishes between market assumptions based on market data (“observable inputs”) and a reporting entity’s own assumptions about market data (“unobservable inputs”). Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability at the measurement date in an orderly transaction (an “exit price”). Assets and liabilities are measured using inputs from three levels of the fair value hierarchy. The three levels are as follows: Level 1 — Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that we have the ability to access at the measurement date. An active market is defined as a market in which transactions occur with sufficient frequency and volume to provide pricing on an ongoing basis. Level 2 — Inputs include quoted prices in active markets for similar assets and liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active (markets with few transactions), inputs other than quoted prices that are observable for the asset or liability (i.e., interest rates, yield curves, etc.), and inputs that are derived principally from or corroborated by observable market data correlation or other means. Level 3 — Unobservable inputs reflect our assumptions about the pricing of an asset or liability when observable inputs are not available.
Earnings Per Common Share	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): Year ended December 31, 2016 2015 2014 Net income $ 771 $ 565 $ 741 Less: Net income attributable to non-controlling interests (9 ) (7 ) (9 ) Net income attributable to Host Inc. 762 558 732 Assuming conversion of exchangeable senior debentures — — 27 Diluted income attributable to Host Inc. $ 762 $ 558 $ 759 Basic weighted average shares outstanding 743.0 752.4 755.4 Assuming weighted average shares for conversion of exchangeable senior debentures — — 30.3 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market 0.7 0.5 1.1 Diluted weighted average shares outstanding (1) 743.7 752.9 786.8 Basic earnings per common share $ 1.03 $ .74 $ .97 Diluted earnings per common share $ 1.02 $ .74 $ .96 ___________ (1) There were approximately 25 million potentially dilutive shares (on a weighted average basis) for the year ended December 31, 2015 related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 in exchange for 32 million shares.
Share-Based Payments	Share-Based Payments At December 31, 2016, Host Inc. maintained two stock-based employee compensation plans. Upon the issuance of Host’s common stock under the compensation plans, Host L.P. will issue to Host Inc. common OP units of an equivalent value. These liabilities are included in the consolidated financial statements for Host Inc. and Host L.P. We recognize costs resulting from Host Inc.’s share-based payment transactions over their vesting periods. We classify share-based payment awards granted in exchange for employee services either as equity-classified awards or liability-classified awards based upon cash settlement options. Equity classified awards are measured based on the fair value on the date of grant. Liability classified awards are remeasured to fair value each reporting period. Awards are classified as liabilities to the extent that settlement features allow the recipient to determine the percentage of the restricted stock awards to be withheld to meet the recipients’ income tax withholding requirements. As these awards vest over a one-year period ending December 31, the value is calculated as the estimated number of shares earned during the year multiplied by the stock price at year end, less estimated forfeitures. For performance-based awards, compensation cost will be recognized when the achievement of the performance condition is considered probable. If a performance condition has more than one outcome that is probable, recognition of compensation cost will be based on the condition that is the most likely outcome. No compensation cost is recognized for awards for which employees do not render the requisite services. Effective January 1, 2017, we implemented a new stock-based employee compensation plan. Based upon the cash settlement options and in conjunction with the adoption of ASU No. 2016-09, we anticipate that the awards under the new plan will be classified as equity. The plan includes awards that vest over a one-year, two-year and three-year period.
Concentrations of Credit Risk	Concentrations of Credit Risk Financial instruments that potentially subject us to significant concentrations of credit risk consist principally of cash and cash equivalents. We are exposed to credit risk with respect to cash held at various financial institutions, access to our credit facility, and amounts due or payable under our derivative contracts. At December 31, 2016 and 2015, our exposure to risk related to our derivative instruments totaled $12 million and $17 million, respectively, and the counterparties to such instruments are investment grade financial institutions. Our credit risk exposure with regard to our cash and the available capacity under the revolver portion of our credit facility is spread among a diversified group of investment grade financial institutions.
Business Combinations	Business Combinations We recognize identifiable assets acquired, liabilities assumed, and non-controlling interests in a business combination at their fair values at the acquisition date based on the exit price (i.e. the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date). We evaluate several factors, including market data for similar assets, expected cash flows discounted at risk adjusted rates and replacement cost for the assets to determine an appropriate exit cost when evaluating the fair value of our assets. Property and equipment are recorded at fair value and such fair value is allocated to buildings, improvements, furniture, fixtures and equipment using appraisals and valuations performed by management and independent third parties. Acquisition-related costs, such as due diligence, legal and accounting fees, are not capitalized or applied in determining the fair value of the acquired assets. Other items that we evaluate in a business combination include identifiable intangible assets, capital lease assets and obligations and goodwill. Identifiable intangible assets typically consist of assumed contracts, including ground and retail leases and management and franchise agreements, which are recorded at fair value. Capital lease obligations that are assumed as part of the acquisition of a leasehold interest are measured at fair value and are included as debt on the accompanying balance sheet and we record the corresponding right-to-use assets. Classification of a lease does not change if it is part of a business combination. In making estimates of fair values for purposes of allocating purchase price, we may utilize a number of sources that arise in connection with the acquisition or financing of a property and other market data, including third-party appraisals and valuations. In certain situations, a deferred tax liability is recognized due to the difference between the fair value and the tax basis of the acquired assets at the acquisition date. Any consideration paid in excess of the net fair value of the identifiable assets and liabilities acquired would be recorded to goodwill. In very limited circumstances, we may record a bargain purchase gain if the consideration paid is less than the net fair value of the assets and liabilities acquired.
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 FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606) Revenue from Contracts with Customers (Topic 606), Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842), In March 2016, the FASB issued ASU No. 2016-09, Improvements to Employee Share-Based Payment Accounting In November 2016, the FASB issued ASU No. 2016-18, Statement of Cash Flows (Topic 230): Restricted Cash In January 2017, the FASB issued ASU No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business
HOST HOTELS & RESORTS 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 distributed 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 common unit is shown below (in millions, except per unit amounts): Year ended December 31, 2016 2015 2014 Net income $ 771 $ 565 $ 741 Less: Net loss attributable to non-controlling interests — — — Net income attributable to Host L.P. 771 565 741 Assuming conversion of exchangeable senior debentures — — 27 Diluted income attributable to Host L.P. $ 771 $ 565 $ 768 Basic weighted average units outstanding 736.3 745.7 748.9 Assuming weighted average units for conversion of exchangeable senior debentures — — 29.7 Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market 0.6 0.5 1.0 Diluted weighted average units outstanding (1) 736.9 746.2 779.6 Basic earnings per common unit $ 1.05 $ .76 $ .99 Diluted earnings per common unit $ 1.05 $ .76 $ .99 ___________ (1) There were approximately 25 million potentially dilutive units (on a weighted average basis) for the year ended December 31, 2015, related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 and Host L.P. issued 31.3 million units.

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2016
Consolidated Portfolio of Hotels by Location	As of December 31, 2016, the hotels in our consolidated portfolio are located in the following countries: Hotels United States 89 Australia 1 Brazil 3 Canada 2 Mexico 1 Total 96
Historical Cost and Redemption Values for the Non-Controlling Interests	The table below details the historical cost and redemption values for the non-controlling interests: As of December 31, 2016 2015 OP units outstanding (millions) 8.6 9.1 Market price per Host Inc. common share $ 18.84 $ 15.34 Shares issuable upon conversion of one OP unit 1.021494 1.021494 Redemption value (millions) $ 165 $ 143 Historical cost (millions) 84 90 Book value (millions) (1) 165 143 ___________ (1)
Components of Total Accumulated Other Comprehensive Income in the Balance Sheets	The components of total accumulated other comprehensive income (loss) in the balance sheets are as follows (in millions): As of December 31, 2016 2015 Gain on foreign currency forward contracts $ 40 $ 35 Loss on interest rate swap cash flow hedges (5 ) (7 ) Foreign currency translation (121 ) (137 ) Other comprehensive loss attributable to non-controlling interests 3 2 Total accumulated other comprehensive loss $ (83 ) $ (107 )
Earnings Per Common Share (Unit)	The calculation of basic and diluted earnings per common share is shown below (in millions, except per share amounts): Year ended December 31, 2016 2015 2014 Net income $ 771 $ 565 $ 741 Less: Net income attributable to non-controlling interests (9 ) (7 ) (9 ) Net income attributable to Host Inc. 762 558 732 Assuming conversion of exchangeable senior debentures — — 27 Diluted income attributable to Host Inc. $ 762 $ 558 $ 759 Basic weighted average shares outstanding 743.0 752.4 755.4 Assuming weighted average shares for conversion of exchangeable senior debentures — — 30.3 Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market 0.7 0.5 1.1 Diluted weighted average shares outstanding (1) 743.7 752.9 786.8 Basic earnings per common share $ 1.03 $ .74 $ .97 Diluted earnings per common share $ 1.02 $ .74 $ .96 ___________ (1) There were approximately 25 million potentially dilutive shares (on a weighted average basis) for the year ended December 31, 2015 related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 in exchange for 32 million shares.
HOST HOTELS & RESORTS L.P.
Earnings Per Common Share (Unit)	The calculation of basic and diluted earnings per common unit is shown below (in millions, except per unit amounts): Year ended December 31, 2016 2015 2014 Net income $ 771 $ 565 $ 741 Less: Net loss attributable to non-controlling interests — — — Net income attributable to Host L.P. 771 565 741 Assuming conversion of exchangeable senior debentures — — 27 Diluted income attributable to Host L.P. $ 771 $ 565 $ 768 Basic weighted average units outstanding 736.3 745.7 748.9 Assuming weighted average units for conversion of exchangeable senior debentures — — 29.7 Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market 0.6 0.5 1.0 Diluted weighted average units outstanding (1) 736.9 746.2 779.6 Basic earnings per common unit $ 1.05 $ .76 $ .99 Diluted earnings per common unit $ 1.05 $ .76 $ .99 ___________ (1) There were approximately 25 million potentially dilutive units (on a weighted average basis) for the year ended December 31, 2015, related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 and Host L.P. issued 31.3 million units.
European Joint Venture
Consolidated Portfolio of Hotels by Location	As of December 31, 2016, the Euro JV hotels are located in the following countries: Hotels Belgium 1 France 3 Germany 1 Spain 2 Sweden 1 The Netherlands 1 United Kingdom 1 Total 10

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property Plant And Equipment [Abstract]
Property and Equipment	Property and equipment consists of the following (in millions): As of December 31, 2016 2015 Land and land improvements $ 2,047 $ 2,044 Buildings and leasehold improvements 13,483 13,472 Furniture and equipment 2,377 2,283 Construction in progress 86 289 17,993 18,088 Less accumulated depreciation and amortization (7,848 ) (7,505 ) $ 10,145 $ 10,583

Investments in Affiliates (Tabl

Investments in Affiliates (Tables)	12 Months Ended
	Dec. 31, 2016
Investments In And Advances To Affiliates Schedule Of Investments [Abstract]
Summary of Investments in Affiliates	We own investments in joint ventures that are accounted for under the equity method of accounting. The debt of the European, Hyatt Place, Harbor Beach and Philadelphia Marriott Downtown joint ventures is non-recourse to, and not guaranteed by, us, and a default of the debt does not trigger a default under any of our debt. As of December 31, 2016, 100% of the $9 million construction loan for the Maui JV is jointly and severally guaranteed by the partners of the joint venture. Investments in affiliates consist of the following (in millions): As of December 31, 2016 Ownership Interests Our Investment Our Portion of Debt Total Debt Distributions received in 2016 (1) Assets Euro JV 32.1 - 33.4 % $ 227 $ 236 $ 744 $ 18 Ten hotels in Europe Asia/Pacific JV (2) 25 % 17 — — 9 A 36% interest in five operating hotels and two hotels in final stages of completion in India Maui JV 67 % 81 27 41 — 131-unit vacation ownership project in Maui, HI Hyatt Place JV (3) 50 % (12 ) 30 60 17 One hotel in Nashville, TN Harbor Beach JV 49.9 % (24 ) 75 149 6 One hotel in Fort Lauderdale, FL Philadelphia Marriott Downtown JV 11 % (6 ) 24 221 2 One hotel in Philadelphia, PA Fifth Wall Ventures 3 — — — Real estate industry technology investment Total $ 286 $ 392 $ 1,215 $ 52 As of December 31, 2015 Ownership Interests Our Investment Our Portion of Debt Total Debt Distributions received in 2015 (1) Assets Euro JV (4) 32.1 - 33.4 % $ 251 $ 252 $ 797 $ 115 Ten hotels in Europe Asia/Pacific JV 25 % 25 — — — A 36% interest in five operating hotels and two hotels under development in India Maui JV 67 % 72 45 68 — 131-unit vacation ownership project in Maui, HI Hyatt Place JV 50 % 3 15 31 8 One hotel in Nashville, TN Harbor Beach JV 49.9 % (21 ) 75 149 8 One hotel in Fort Lauderdale, FL Philadelphia Marriott Downtown JV 11 % (6 ) 25 224 2 One hotel in Philadelphia, PA Total $ 324 $ 412 $ 1,269 $ 133 ___________ (1) Distributions received were funded by cash from operations unless otherwise noted. (2) Distributions received from the Asia/Pacific JV in 2016 were primarily related to the sale of the Four Points by Sheraton Perth in 2015. (3) Distributions received from the Hyatt Place JV include $14 million of loan refinancing proceeds. (4) Ninety-two percent of the 2015 distributions received from the Euro JV were funded by proceeds from the disposition of nine hotels, discussed below, while the remaining was funded with cash from operations.
Combined Summarized Balance Sheet Information	Combined Financial Information of Unconsolidated Investees Combined summarized balance sheet information for our affiliates is as follows (in millions): As of December 31, 2016 2015 Property and equipment, net $ 1,634 $ 1,708 Timeshare inventory 137 157 Other assets 514 538 Total assets $ 2,285 $ 2,403 Debt $ 1,215 $ 1,269 Other liabilities 319 302 Equity 751 832 Total liabilities and equity $ 2,285 $ 2,403
Combined Summarized Operating Results For Affiliates	Combined summarized operating results for our affiliates is as follows (in millions): Year ended December 31, 2016 2015 2014 Total revenues $ 599 $ 769 $ 810 Operating expenses Expenses (437 ) (558 ) (577 ) Depreciation and amortization (73 ) (84 ) (99 ) Operating profit 89 127 134 Interest income 5 3 — Interest expense (57 ) (80 ) (86 ) Gain (loss) on dispositions (2 ) 141 12 Net income $ 35 $ 191 $ 60

Debt (Tables)

Debt (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt	Debt consists of the following (in millions): As of December 31, 2016 2015 Series Z senior notes, with a rate of 6% due October 2021 $ 297 $ 297 Series B senior notes, with a rate of 5¼% due March 2022 347 347 Series C senior notes, with a rate of 4¾% due March 2023 446 445 Series D senior notes, with a rate of 3¾% due October 2023 398 397 Series E senior notes, with a rate of 4% due June 2025 496 495 Series F senior notes, with a rate of 4½% due February 2026 396 395 Total senior notes 2,380 2,376 Credit facility revolver 209 295 2014 Credit facility term loan due June 2017 500 499 2015 Credit facility term loan due September 2020 497 497 Mortgage debt (non-recourse), with an average interest rate of 3.4% and 4.7% at December 31, 2016 and 2015, respectively, maturing through November 2017 63 200 Total debt $ 3,649 $ 3,867
Mortgage Debt Issuances And Repayments	We have made the following mortgage debt repayments since January 2015: Maturity Transaction Date Property Rate Date Amount Repayments September 2016 Novotel and ibis Christchurch 3.6 % 2/18/2018 $ (17 ) April 2016 Hyatt Regency Reston 3.5 % 7/1/2016 (100 ) March 2016 ibis Wellington 3.7 % 2/18/2018 (11 ) February 2016 Novotel Wellington 5.7 % 2/18/2018 (9 ) November 2015 Novotel Queenstown Lakeside 6.7 % 2/18/2016 (20 ) October 2015 Novotel Auckland Ellerslie and ibis Auckland Ellerslie 6.4 % 2/18/2016 (15 )
Aggregate Debt Maturities	Aggregate debt maturities are as follows (in millions): As of December 31, 2016 2017 $ 562 2018 211 2019 — 2020 500 2021 300 Thereafter 2,100 3,673 Deferred financing costs (23 ) Unamortized (discounts) premiums, net (2 ) Capital lease obligations 1 $ 3,649
Interest Expense	The following items are included in interest expense (in millions): Year ended December 31, 2016 2015 (1) 2014 (1) Interest expense $ 154 $ 227 $ 207 Amortization of debt premiums/discounts, net (2) (1 ) (13 ) (16 ) Amortization of deferred financing costs (6 ) (8 ) (8 ) Non-cash losses on debt extinguishments — (11 ) (2 ) Change in accrued interest (3 ) 12 1 Interest paid (3) $ 144 $ 207 $ 182 ___________ (1) Interest expense and interest paid for 2015 and 2014 include cash prepayment premiums of approximately $30 million and $2 million, respectively. (2) Primarily represents the amortization of the debt discount on our Debentures, which is considered non-cash interest expense. (3) Does not include capitalized interest of $3 million, $5 million and $7 million for 2016, 2015 and 2014, respectively.

Equity of Host Inc. and Capit34

Equity of Host Inc. and Capital of Host L.P. (Tables)	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Common Dividends Declared Per Share	The table below presents the amount of common dividends declared per share and common distributions per unit as follows: Year ended December 31, 2016 2015 2014 Common stock $ .85 $ .80 $ .75 Common OP units .868 .817 .766

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Primary Components of Net Deferred Tax Asset	We have recorded a 100% valuation allowance of approximately $22 million against the deferred tax asset related to the net operating loss carryovers as of December 31, 2016 with respect to our hotel in Mexico. During 2016, we reversed the $3 million valuation allowance previously recorded against the deferred tax asset related to the net operating loss carryovers of our hotels in Canada. We expect that the net operating loss and alternative minimum tax and investment tax credit carryovers for U.S. federal income tax purposes will be realized. The net decrease in the valuation allowance for the year ending December 31, 2016 and December 31, 2015 is approximately $1 million and $22 million, respectively. The primary components of our net deferred tax assets are as follows (in millions): As of December 31, 2016 2015 Deferred tax assets Related party interest expense $ — $ 7 Net operating loss and capital loss carryovers 43 63 Alternative minimum tax and investment tax credits 8 5 Property and equipment 4 4 Investments in domestic affiliates 2 3 Deferred revenue and expenses 42 52 Foreign exchange net losses (AOCI) 12 18 Other 2 2 Total gross deferred tax assets 113 154 Less: Valuation allowance (22 ) (23 ) Total deferred tax assets, net of valuation allowance $ 91 $ 131 Deferred tax liabilities Property and equipment (11 ) (16 ) Investments in domestic and foreign affiliates (7 ) (12 ) Other (2 ) (2 ) Total gross deferred tax liabilities (20 ) (30 ) Net deferred tax assets $ 71 $ 101
Income From Continuing Operations Before Income Taxes	Our U.S. and foreign income from continuing operations before income taxes was as follows (in millions): Year ended December 31, 2016 2015 2014 U.S. income $ 763 $ 530 $ 738 Foreign income 48 44 17 Total $ 811 $ 574 $ 755
Provision for Income Taxes from Continuing Operations	The provision for income taxes from continuing operations consists of (in millions): Year ended December 31, 2016 2015 2014 Current —Federal $ — $ 2 $ 3 —State 1 (1 ) 2 —Foreign 12 3 10 13 4 15 Deferred —Federal 24 2 (1 ) —State 6 — (1 ) —Foreign (3 ) 3 1 27 5 (1 ) Income tax provision – continuing operations $ 40 $ 9 $ 14
Income Tax Provision Calculated at Statutory U.S. Federal Income Tax Rate and Actual Income Tax Provision Recorded	The differences between the income tax provision calculated at the statutory U.S. federal income tax rate of 35% and the actual income tax provision recorded for continuing operations are as follows (in millions): Year ended December 31, 2016 2015 2014 Statutory federal income tax provision $ 284 $ 204 $ 265 Adjustment for nontaxable income of Host Inc. (260 ) (203 ) (268 ) State income tax provision, net 7 1 1 Provision for uncertain tax positions — 1 5 Foreign income tax provision 9 6 11 Income tax provision $ 40 $ 9 $ 14
Unrecognized Tax Benefits Reconciliation	A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows (in millions): 2016 2015 Balance at January 1 $ 11 $ 10 State decreases — (2 ) Other increases — 3 Balance at December 31 $ 11 $ 11

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Future Minimum Annual Rental Commitments Required Under Non-Cancelable Operating Leases	The following table presents the future minimum annual rental commitments required under non-cancelable operating leases for which we are the lessee (in millions): As of December 31, 2016 2017 $ 43 2018 41 2019 38 2020 38 2021 37 Thereafter 1,264 Total minimum lease payments $ 1,461
Rent Expense	Rent expense is included in other property-level expenses and consists of (in millions): Year ended December 31, 2016 2015 2014 Minimum rentals on operating leases $ 45 $ 46 $ 47 Additional rentals based on sales 38 33 32 Less: sublease rentals (2 ) (2 ) (3 ) $ 81 $ 77 $ 76

Employee Stock Plans (Tables)

Employee Stock Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]
Summary of Status of Senior Executive Plans	The following table is a summary of the status of our senior executive plans for the three years ended December 31, 2016: Year ended December 31, 2016 2015 2014 Shares Fair Value Shares Fair Value Shares Fair Value (in millions) (per share) (in millions) (per share) (in millions) (per share) Balance, at beginning of year — $ — — $ — — $ — Granted 1.6 18 1.3 16 1.5 18 Vested (1) (0.6 ) 19 (0.4 ) 15 (0.8 ) 24 Forfeited/expired (1.0 ) 19 (0.9 ) 15 (0.7 ) 24 Balance, at end of year — — — — — — Issued in calendar year (1) 0.2 15 0.5 24 0.4 19 ___________ (1) Shares that vest at December 31 of each year are issued to the employees in the first quarter of the following year, although the requisite service period is complete. Accordingly, the 0.2 million shares issued in 2016 include shares vested at December 31, 2015, after adjusting for shares withheld to meet employee tax requirements. The shares withheld for employee tax requirements were valued at $2.4 million, $9.8 million and $6.1 million for 2016, 2015 and 2014, respectively.

Dispositions (Tables)

Dispositions (Tables)	12 Months Ended
	Dec. 31, 2016
Disposal Group Not Discontinued Operation Disposal Disclosures [Abstract]
Summary of Results of Operations for Hotels Included in Continuing Operations	The following table provides summary results of operations for these hotels, which are included in continuing operations (in millions): Year ended December 31, 2016 2015 2014 Revenues $ 58 $ 214 $ 353 Income before taxes and gain on disposal 10 25 27 Gain on disposals 243 89 229

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value of Financial Assets and Liabilities	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 (in millions): Fair Value at Measurement Date Using Balance at December 31, 2016 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant (Level 2) Significant Unobservable Inputs (Level 3) Fair Value Measurements on a Recurring Basis: Assets Foreign currency forward sale contracts (1) $ 12 $ — $ 12 $ — Fair Value at Measurement Date Using Balance at December 31, 2015 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) $ 17 $ — $ 17 $ — Liabilities Interest rate swap derivatives (1) (1 ) — (1 ) — ___________ (1) These derivative contracts have been designated as hedging instruments.
Foreign Currency Sale Contracts	The following table summarizes our foreign currency forward sale contracts (in millions): Currently Outstanding Change in Fair Value - All Contracts Total Transaction Amount in Total Transaction Gain (Loss) Transaction Date Foreign Amount Forward Year ended December 31, Range Currency in Dollars Date Range 2016 2015 May 2014-January 2016 € 100 $ 118 May 2017-January 2018 $ 5 $ 13 November 2016 C$ 25 $ 19 November 2018 $ — $ 3 November 2016 NZ$ 45 $ 32 February 2017 $ 1 $ —
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 international operations (in millions): Balance Balance Gain (Loss) Outstanding Outstanding in Year ended December 31, Currency US$ Foreign Currency 2016 2015 Canadian dollars (1) $ 34 C$ 46 $ (1 ) $ 5 Euros $ 81 € 77 $ 3 $ 10 Australian dollars $ 36 A$ 50 $ 2 $ — ___________
Fair Values of Certain Financial Assets and Liabilities and Other Financial Instruments	The fair value of certain financial liabilities is shown below (in millions): December 31, 2016 December 31, 2015 Carrying Amount Fair Value Carrying Amount Fair Value Financial liabilities Senior notes (Level 1) $ 2,380 $ 2,477 $ 2,376 $ 2,452 Credit facility (Level 2) 1,206 1,211 1,291 1,298 Mortgage debt and other, excluding capital leases (Level 62 62 199 199

Geographic and Business Segme40

Geographic and Business Segment Information (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Revenues and Long-Lived Assets by Geographical Area	The following table presents revenues and long-lived assets for each of the geographical areas in which we operate (in millions): 2016 2015 2014 Revenues Property and Equipment, net Revenues Property and Equipment, net Revenues Property and Equipment, net United States $ 5,259 $ 9,913 $ 5,129 $ 10,294 $ 5,044 $ 10,030 Australia 34 85 34 88 39 102 Brazil 34 63 30 53 36 82 Canada 54 71 58 66 87 82 Chile 9 — 25 44 32 44 Mexico 29 13 29 18 29 26 New Zealand 11 — 45 20 54 128 Total $ 5,430 $ 10,145 $ 5,350 $ 10,583 $ 5,321 $ 10,494

Quarterly Financial Data (una41

Quarterly Financial Data (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data	2016 First Second Third Fourth Quarter Quarter Quarter Quarter (in millions, except per share/unit amounts) Host Hotels & Resorts, Inc.: Revenues $ 1,339 $ 1,459 $ 1,295 $ 1,337 Operating profit 151 239 144 150 Net income 184 351 108 128 Net income attributable to Host Hotels & Resorts, Inc. 182 347 107 126 Basic earnings per common share .24 .47 .14 .17 Diluted earnings per common share .24 .47 .14 .17 Host Hotels & Resorts, L.P. (1) Net income attributable to Host Hotels & Resorts, L.P. 184 352 108 127 Basic earnings per common unit .25 .48 .15 .17 Diluted earnings per common unit .25 .48 .15 .17 2015 First Second Third Fourth Quarter Quarter Quarter Quarter (in millions, except per share/unit amounts) Host Hotels & Resorts, Inc.: Revenues $ 1,302 $ 1,439 $ 1,283 $ 1,326 Operating profit 133 222 133 143 Net income 99 214 87 165 Net income attributable to Host Hotels & Resorts, Inc. 98 212 85 163 Basic earnings per common share .13 .28 .11 .22 Diluted earnings per common share .13 .28 .11 .22 Host Hotels & Resorts, L.P. (1) Net income attributable to Host Hotels & Resorts, L.P. 99 215 86 165 Basic earnings per common unit .13 .29 .12 .22 Diluted earnings per common unit .13 .29 .12 .22 ___________ (1) Other income statement line items not presented for Host L.P. are equal to the amounts presented for Host Inc.

Supplemental Schedule of Nonc42

Supplemental Schedule of Noncash Investing and Financing Activities (Host Hotels & Resorts, Inc) - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	1 Months Ended		12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2009
Other Significant Noncash Transactions [Line Items]
Redemptions of limited partner interests for common stock (shares)			0.6	0.1	0.3
Redemptions of limited partner interests for common stock			$ 10	$ 3	$ 6
2.5% Exchangeable Senior Debentures Due 2029
Other Significant Noncash Transactions [Line Items]
Exchangeable senior debentures, exchanged		$ 8.7		$ 399
Debt interest rate				2.50%		2.50%
Debt converted into shares of Host Inc. common stock	32			32

Supplemental Schedule of Nonc43

Supplemental Schedule of Noncash Investing and Financing Activities (HOST HOTELS & RESORTS, L.P.) - Additional Information (Detail) - USD ($) shares in Millions, $ in Millions	1 Months Ended		12 Months Ended
	Oct. 31, 2015	Jul. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2009
Other Significant Noncash Transactions [Line Items]
Redemptions of limited partner interests for common stock			$ 10	$ 3	$ 6
Redemptions of limited partner interests for common stock (shares)			0.6	0.1	0.3
2.5% Exchangeable Senior Debentures Due 2029
Other Significant Noncash Transactions [Line Items]
Exchangeable senior debentures, exchanged		$ 8.7		$ 399
Debt interest rate				2.50%		2.50%
Debt converted into shares of Host Inc. common stock	32			32
HOST HOTELS & RESORTS L.P.
Other Significant Noncash Transactions [Line Items]
Exchangeable senior debentures, exchanged				$ 399
Debt converted into shares of Host Inc. common stock				32
Common OP unit issuances (units)				31.3
Redemptions of limited partner interests for common stock			$ 10	$ 3	$ 6
Redemptions of limited partner interests for common stock (shares)			0.6	0.1	0.3
HOST HOTELS & RESORTS L.P. | 2.5% Exchangeable Senior Debentures Due 2029
Other Significant Noncash Transactions [Line Items]
Exchangeable senior debentures, exchanged				$ 399
Debt interest rate				2.50%
Debt converted into shares of Host Inc. common stock				32
Common OP unit issuances (units)				31.3

Summary of Significant Accoun44

Summary of Significant Accounting Policies - Additional Information (Detail)	Jan. 01, 2017	Dec. 31, 2016USD ($)HotelFundEntityContractGroundLease	Sep. 30, 2016USD ($)	Jun. 30, 2016USD ($)	Mar. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Sep. 30, 2015USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2016USD ($)HotelFundEntityContractGroundLease	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)Property
Significant Accounting Policies [Line Items]
Number of hotels | Hotel		96								96
Cumulative effect of new accounting principle in period of adoption		$ 0								$ 0
Change on total revenues due to new accounting principle in period of adoption										5,430,000,000	$ 5,350,000,000	$ 5,321,000,000
Advances to and investments in affiliates		$ 286,000,000				$ 324,000,000				$ 286,000,000	324,000,000
Percentage of property revenue allocated for renewal and replacement capital expenditures		5.00%								5.00%
Impairment charges										$ 0	0	$ 6,000,000
Number of impaired assets | Property												1
Number of majority-owned partnerships that have third-party, non-controlling ownership interests that have been consolidated | Entity		4								4
Non-controlling interests—other consolidated partnerships		$ 39,000,000				40,000,000				$ 39,000,000	40,000,000
Number of majority-owned partnerships that have third-party, non-controlling ownership interests with finite lives | Entity		1								1
Majority-owned partnerships with mandatorily redeemable non-controlling interests, termination year										2,095
Net income										$ 9,000,000	7,000,000	$ 9,000,000
Other-than-temporary impairment										$ 0	0	0
Percentage greater than threshold of income tax examination minimum likelihood of tax benefits being realized upon settlement		50.00%								50.00%
Net gain related to sale of assets, previously recognized in foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates, reclassified										$ (17,000,000)	(3,000,000)
Stock-based employee compensation plans | Contract		2								2
Exposure risk related for derivative contracts		$ 12,000,000				17,000,000				$ 12,000,000	17,000,000
Number of ground leases | Hotel		26								26
Restricted cash included with cash and cash equivalents on the statement of cash flows		$ 2,000,000				15,000,000				$ 2,000,000	15,000,000
Equity Award Vesting Year One | Subsequent Event
Significant Accounting Policies [Line Items]
Equity award vesting period	1 year
Equity Award Vesting Year Two | Subsequent Event
Significant Accounting Policies [Line Items]
Equity award vesting period	2 years
Equity Award Vesting Year Three | Subsequent Event
Significant Accounting Policies [Line Items]
Equity award vesting period	3 years
2 Hotels in Chile and 4 Hotels in New Zealand
Significant Accounting Policies [Line Items]
Net gain related to sale of assets, previously recognized in foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates, reclassified										$ (17,000,000)
Delta Meadowvale Hotel & Conference Centre and 3 hotels in New Zealand
Significant Accounting Policies [Line Items]
Net gain related to sale of assets, previously recognized in foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates, reclassified											(3,000,000)
Property, Plant and Equipment, Other Types
Significant Accounting Policies [Line Items]
Estimated useful lives										3 years
ASU 2015-02
Significant Accounting Policies [Line Items]
Effect on equity due to new accounting principle in period of adoption		$ 0								$ 0
ASU 2015-02 | Restatement Adjustment
Significant Accounting Policies [Line Items]
Change on total revenues due to new accounting principle in period of adoption											(37,000,000)	(33,000,000)
Change on net income due to new accounting principle in period of adoption											(6,000,000)	(6,000,000)
ASU 2016-02
Significant Accounting Policies [Line Items]
Number of ground leases | GroundLease		26								26
Percentage of operating lease payments		85.00%								85.00%
ASU 2016-18 | New Accounting Pronouncement, Early Adoption, Effect
Significant Accounting Policies [Line Items]
Restricted cash included with cash and cash equivalents on the statement of cash flows		$ 175,000,000				$ 156,000,000				$ 175,000,000	156,000,000
Liability | ASU 2015-02 | Restatement Adjustment
Significant Accounting Policies [Line Items]
Adjustment applied due to new accounting principle in period of adoption											(150,000,000)
Liability | ASU 2016-02 | Minimum
Significant Accounting Policies [Line Items]
Adjustment applied due to new accounting principle in period of adoption										400,000,000
Liability | ASU 2016-02 | Maximum
Significant Accounting Policies [Line Items]
Adjustment applied due to new accounting principle in period of adoption										500,000,000
Assets | ASU 2015-02 | Restatement Adjustment
Significant Accounting Policies [Line Items]
Adjustment applied due to new accounting principle in period of adoption											$ (128,000,000)
Assets | ASU 2016-02 | Minimum
Significant Accounting Policies [Line Items]
Adjustment applied due to new accounting principle in period of adoption										400,000,000
Assets | ASU 2016-02 | Maximum
Significant Accounting Policies [Line Items]
Adjustment applied due to new accounting principle in period of adoption										$ 500,000,000
European Joint Venture
Significant Accounting Policies [Line Items]
Number of hotels | Hotel		10								10
Number of funds | Fund		2								2
European Joint Venture | Minimum
Significant Accounting Policies [Line Items]
Investment ownership percentage		32.10%				32.10%				32.10%	32.10%
European Joint Venture | Maximum
Significant Accounting Policies [Line Items]
Investment ownership percentage		33.40%				33.40%				33.40%	33.40%
European Joint Venture | Fund I
Significant Accounting Policies [Line Items]
Investment ownership percentage		32.10%								32.10%
Number of hotels | Hotel		3								3
European Joint Venture | Fund II
Significant Accounting Policies [Line Items]
Investment ownership percentage		33.40%								33.40%
Number of hotels | Hotel		7								7
Fort Lauderdale Marriott Harbor Beach Resort | General Partner
Significant Accounting Policies [Line Items]
Investment ownership percentage		49.90%								49.90%
HOST HOTELS & RESORTS, INC.
Significant Accounting Policies [Line Items]
Percentage of the common OP units		99.00%								99.00%
Change on total revenues due to new accounting principle in period of adoption		$ 1,337,000,000	$ 1,295,000,000	$ 1,459,000,000	$ 1,339,000,000	$ 1,326,000,000	$ 1,283,000,000	$ 1,439,000,000	$ 1,302,000,000
HOST HOTELS & RESORTS, INC. | General Partner
Significant Accounting Policies [Line Items]
Percentage of the common OP units		99.00%								99.00%
Houston Airport Marriott at George Bush Intercontinental | Variable Interest Entities
Significant Accounting Policies [Line Items]
Total assets of VIE		$ 60,000,000								$ 60,000,000
Liabilities of VIE		3,000,000								$ 3,000,000
Houston Airport Marriott at George Bush Intercontinental | General Partner
Significant Accounting Policies [Line Items]
General partner and limited partner interest										85.00%
Philadelphia Marriott Downtown | Limited Partnership Interests Of Parent Company Ownership
Significant Accounting Policies [Line Items]
General partner and limited partner interest										11.00%
Philadelphia Marriott Downtown | ASU 2015-02 | Variable Interest Entities Not Primary Beneficiary
Significant Accounting Policies [Line Items]
Advances to and investments in affiliates		(6,000,000)								$ (6,000,000)
HOST HOTELS & RESORTS L.P.
Significant Accounting Policies [Line Items]
Change on total revenues due to new accounting principle in period of adoption										5,430,000,000	$ 5,350,000,000	5,321,000,000
Advances to and investments in affiliates		$ 286,000,000				$ 324,000,000				$ 286,000,000	$ 324,000,000
OP units conversion basis										One OP unit may be exchanged for 1.021494 shares of Host Inc. common stock) valued at the market price of Host Inc.
Shares issuable upon conversion of one OP unit		1.021494				1.021494				1.021494	1.021494
Net gain related to sale of assets, previously recognized in foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates, reclassified										$ (17,000,000)	$ (3,000,000)	$ 0
Restricted cash included with cash and cash equivalents on the statement of cash flows		$ 2,000,000				$ 15,000,000				$ 2,000,000	$ 15,000,000

Consolidated Portfolio of Hotel

Consolidated Portfolio of Hotels by Location (Detail)	Dec. 31, 2016Hotel
Real Estate Properties [Line Items]
Hotels	96
European Joint Venture
Real Estate Properties [Line Items]
Hotels	10
United States
Real Estate Properties [Line Items]
Hotels	89
Australia
Real Estate Properties [Line Items]
Hotels	1
Brazil
Real Estate Properties [Line Items]
Hotels	3
Canada
Real Estate Properties [Line Items]
Hotels	2
Mexico
Real Estate Properties [Line Items]
Hotels	1
Belgium | European Joint Venture
Real Estate Properties [Line Items]
Hotels	1
France | European Joint Venture
Real Estate Properties [Line Items]
Hotels	3
Germany | European Joint Venture
Real Estate Properties [Line Items]
Hotels	1
Spain | European Joint Venture
Real Estate Properties [Line Items]
Hotels	2
Sweden | European Joint Venture
Real Estate Properties [Line Items]
Hotels	1
The Netherlands | European Joint Venture
Real Estate Properties [Line Items]
Hotels	1
United Kingdom | European Joint Venture
Real Estate Properties [Line Items]
Hotels	1

Historical Cost and Redemption

Historical Cost and Redemption Values for Non-Controlling Interests (Detail) $ / shares in Units, shares in Millions, $ in Millions		Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
Book value (millions)		$ 165	$ 143
HOST HOTELS & RESORTS L.P.
Shares Subject To Mandatory Redemption By Settlement Terms [Line Items]
OP units outstanding (millions) | shares		8.6	9.1
Market price per Host Inc. common share | $ / shares		$ 18.84	$ 15.34
Shares issuable upon conversion of one OP unit		1.021494	1.021494
Redemption value (millions)		$ 165	$ 143
Historical cost (millions)		84	90
Book value (millions)	[1]	$ 165	$ 143
[1]	The book value recorded is equal to the greater of the redemption value or the historical cost.

Components of Total Accumulated

Components of Total Accumulated Other Comprehensive Income in Balance Sheets (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Equity [Abstract]
Gain on foreign currency forward contracts	$ 40	$ 35
Loss on interest rate swap cash flow hedges	(5)	(7)
Foreign currency translation	(121)	(137)
Other comprehensive loss attributable to non-controlling interests	3	2
Total accumulated other comprehensive loss	$ (83)	$ (107)

Host Inc. Earnings (Loss) Per C

Host Inc. Earnings (Loss) Per Common Share (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
NET INCOME		$ 771	$ 565	$ 741
Less: Net (income) loss attributable to non-controlling interests		(9)	(7)	(9)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY		762	558	732
Assuming conversion of exchangeable senior debentures				27
Diluted income attributable to Host Inc.		$ 762	$ 558	$ 759
Basic weighted average shares outstanding		743	752.4	755.4
Assuming weighted average shares for conversion of exchangeable senior debentures				30.3
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market		0.7	0.5	1.1
Diluted weighted average shares/units outstanding	[1]	743.7	752.9	786.8
Basic earnings per common share		$ 1.03	$ 0.74	$ 0.97
Diluted earnings per common share		$ 1.02	$ 0.74	$ 0.96
[1]	There were approximately 25 million potentially dilutive shares (on a weighted average basis) for the year ended December 31, 2015 related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 in exchange for 32 million shares.

Host Inc. Earnings (Loss) Per49

Host Inc. Earnings (Loss) Per Common Share (Parenthetical) (Detail) - HOST HOTELS & RESORTS, INC. shares in Millions	12 Months Ended
	Dec. 31, 2015shares
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares which were not included in the computation of diluted EPS	25
Shares issued in exchange of senior debentures	32

Host LP Earnings (Loss) Per Com

Host LP Earnings (Loss) Per Common Unit (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions		3 Months Ended																12 Months Ended
		Dec. 31, 2016	[2]	Sep. 30, 2016	[2]	Jun. 30, 2016	[2]	Mar. 31, 2016	[2]	Dec. 31, 2015	[2]	Sep. 30, 2015	[2]	Jun. 30, 2015	[2]	Mar. 31, 2015	[2]	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share Diluted [Line Items]
NET INCOME																		$ 771	$ 565	$ 741
Less: Net (income) loss attributable to non-controlling interests																		(9)	(7)	(9)
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY																		762	558	732
Assuming conversion of exchangeable senior debentures																				27
Diluted income attributable to Host Inc.																		$ 762	$ 558	$ 759
Basic weighted average shares outstanding																		743	752.4	755.4
Assuming weighted average shares for conversion of exchangeable senior debentures																				30.3
Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market																		0.7	0.5	1.1
Diluted weighted average shares/units outstanding	[1]																	743.7	752.9	786.8
Basic earnings per common share																		$ 1.03	$ 0.74	$ 0.97
Diluted earnings per common share																		$ 1.02	$ 0.74	$ 0.96
HOST HOTELS & RESORTS L.P.
Earnings Per Share Diluted [Line Items]
NET INCOME																		$ 771	$ 565	$ 741
NET INCOME ATTRIBUTABLE TO REPORTING ENTITY		$ 127		$ 108		$ 352		$ 184		$ 165		$ 86		$ 215		$ 99		771	565	741
Assuming conversion of exchangeable senior debentures																				27
Diluted income attributable to Host Inc.																		$ 771	$ 565	$ 768
Basic weighted average shares outstanding																		736.3	745.7	748.9
Assuming weighted average shares for conversion of exchangeable senior debentures																				29.7
Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market																		0.6	0.5	1
Diluted weighted average shares/units outstanding	[3]																	736.9	746.2	779.6
Basic earnings per common share		$ 0.17		$ 0.15		$ 0.48		$ 0.25		$ 0.22		$ 0.12		$ 0.29		$ 0.13		$ 1.05	$ 0.76	$ 0.99
Diluted earnings per common share		$ 0.17		$ 0.15		$ 0.48		$ 0.25		$ 0.22		$ 0.12		$ 0.29		$ 0.13		$ 1.05	$ 0.76	$ 0.99
[1]	There were approximately 25 million potentially dilutive shares (on a weighted average basis) for the year ended December 31, 2015 related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 in exchange for 32 million shares.
[2]	Other income statement line items not presented for Host L.P. are equal to the amounts presented for Host Inc.
[3]	There were approximately 25 million potentially dilutive units (on a weighted average basis) for the year ended December 31, 2015, related to our exchangeable senior debentures, which were anti-dilutive for the period. The exchangeable senior debentures were redeemed in 2015 and Host L.P. issued 31.3 million units.

Host LP Earnings (Loss) Per C51

Host LP Earnings (Loss) Per Common Unit (Parenthetical) (Detail) - HOST HOTELS & RESORTS L.P. shares in Millions	12 Months Ended
	Dec. 31, 2015shares
Antidilutive Securities Excluded From Computation Of Earnings Per Share [Line Items]
Anti-dilutive shares which were not included in the computation of diluted EPS	25
Units issued by Host L.P.	31.3

Summary of Property and Equipme

Summary of Property and Equipment (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property Plant And Equipment [Abstract]
Land and land improvements	$ 2,047	$ 2,044
Buildings and leasehold improvements	13,483	13,472
Furniture and equipment	2,377	2,283
Construction in progress	86	289
Property, Plant and Equipment, Gross, Total	17,993	18,088
Less accumulated depreciation and amortization	(7,848)	(7,505)
Property and equipment, net	$ 10,145	$ 10,583	$ 10,494

Property and Equipment - Additi

Property and Equipment - Additional information (Detail) $ in Millions	Dec. 31, 2016USD ($)
Property Plant And Equipment [Abstract]
Cost of real estate for federal income tax purposes	$ 10,561

Investments in Affiliates - Add

Investments in Affiliates - Additional Information (Detail) € in Millions, AUD in Millions, $ in Millions	Aug. 31, 2016USD ($)	Oct. 14, 2015USD ($)	Oct. 14, 2015AUD	Dec. 31, 2016USD ($)HotelPropertyContractRoom	Dec. 31, 2016EUR (€)Property	Dec. 31, 2015USD ($)Property	Dec. 31, 2015EUR (€)	Dec. 31, 2014USD ($)	Dec. 31, 2016USD ($)HotelContractRoom	Dec. 31, 2016EUR (€)HotelContractRoom
Investments In And Advances To Affiliates [Line Items]
Total assets				$ 2,285		$ 2,403			$ 2,285
Proceeds from sales of assets, net				467		277		$ 497
Mortgage repayment				137		35		384
Distributions from equity investments				$ 29		27		7
Foreign currency forward purchase contract | Contract				6					6	6
Number of hotels | Hotel				96					96	96
Total Debt				$ 1,215		1,269			$ 1,215
Mortgage debt				63		$ 200			63
Asia/Pacific Joint Venture | Four Points by Sheraton Perth
Investments In And Advances To Affiliates [Line Items]
Proceeds from sales of assets, net | AUD			AUD 91.5
Mortgage repayment | AUD			43
Gains (losses) recognized from sale of properties		$ 8	AUD 11
Maui JV
Investments In And Advances To Affiliates [Line Items]
Construction loan outstanding				$ 9					$ 9
Investment ownership percentage				67.00%		67.00%			67.00%	67.00%
Number of rooms | Room				131					131	131
Contribution of land									$ 36
Contribution to joint venture									87
Total Debt				$ 41		$ 68			$ 41
European Joint Venture
Investments In And Advances To Affiliates [Line Items]
Total assets | €										€ 1,500
Management fees				$ 8		$ 11		$ 16
Number of extension period				two one-year extensions	two one-year extensions
Joint venture agreement expiration period				2,021	2,021
Number of properties sold | Property						9
Proceeds from sales of assets, net | €							€ 526
Mortgage repayment | €							229
Distributions from equity investments | €							328.5
Gains (losses) recognized from sale of properties						$ 43	€ 39
Number of hotels | Hotel				10					10	10
Total Debt				$ 744		$ 797			$ 744
European Joint Venture | Forward Currency Sale Contracts
Investments In And Advances To Affiliates [Line Items]
Foreign currency forward purchase contract | Contract				4					4	4
Hedged amount of our net investment in the European joint venture				$ 199					$ 199	€ 177
European Joint Venture | Debt Refinance
Investments In And Advances To Affiliates [Line Items]
Numbers of mortgage loans | Property				2	2
Reduction weighted average interest rate				0.20%	0.20%
European Joint Venture | Fund I
Investments In And Advances To Affiliates [Line Items]
Investment ownership percentage				32.10%					32.10%	32.10%
Partners contribution | €					€ 463
Percentage of total equity commitment funded				67.00%					67.00%	67.00%
Number of hotels | Hotel				3					3	3
European Joint Venture | Fund II
Investments In And Advances To Affiliates [Line Items]
Investment ownership percentage				33.40%					33.40%	33.40%
Partners contribution | €					€ 301
Percentage of total equity commitment funded				67.00%					67.00%	67.00%
Extension Period				one year	one year
Number of hotels | Hotel				7					7	7
Asia/Pacific Joint Venture
Investments In And Advances To Affiliates [Line Items]
Investment ownership percentage				25.00%		25.00%			25.00%	25.00%
Asia/Pacific Joint Venture | India
Investments In And Advances To Affiliates [Line Items]
Investment ownership percentage				36.00%					36.00%	36.00%
Partners contribution				$ 103
Asia/Pacific Joint Venture | India | Bangalore
Investments In And Advances To Affiliates [Line Items]
Number of hotels | Hotel				2					2	2
Asia/Pacific Joint Venture | India | Chennai
Investments In And Advances To Affiliates [Line Items]
Number of hotels | Hotel				1					1	1
Asia/Pacific Joint Venture | India | New Delhi
Investments In And Advances To Affiliates [Line Items]
Number of hotels | Hotel				2					2	2
Asia/Pacific Joint Venture | HOST HOTELS & RESORTS, INC. | India
Investments In And Advances To Affiliates [Line Items]
Partners contribution				$ 26
Asia/Pacific Joint Venture | Completion Stage | India
Investments In And Advances To Affiliates [Line Items]
Number of hotels | Hotel				2					2	2
Hyatt Place Nashville Downtown
Investments In And Advances To Affiliates [Line Items]
Investment ownership percentage				50.00%					50.00%	50.00%
Refinanced construction loan	$ 31
New mortgage loan	$ 60
Maturity period of the loan				2019-08	2019-08
Mortgage loan, base rate description				1-month USD LIBOR plus	1-month USD LIBOR plus
Mortgage loan, interest rate				3.80%					3.80%	3.80%
Hyatt Place Nashville Downtown | 1-month USD LIBOR
Investments In And Advances To Affiliates [Line Items]
Mortgage loan, basis spread on variable rate				3.00%	3.00%
Hyatt Place Nashville Downtown | Tennessee
Investments In And Advances To Affiliates [Line Items]
Number of rooms | Room				255					255	255
Hyatt Place Nashville Downtown | Mortgages debt and other
Investments In And Advances To Affiliates [Line Items]
Number of extension period				two 12-month extension options	two 12-month extension options
Harbor Beach JV
Investments In And Advances To Affiliates [Line Items]
Investment ownership percentage				49.90%		49.90%			49.90%	49.90%
Total Debt				$ 149		$ 149			$ 149
Harbor Beach JV | Mortgage Loan Portfolio
Investments In And Advances To Affiliates [Line Items]
Mortgage loan, interest rate				4.75%					4.75%	4.75%
Mortgage debt				$ 149					$ 149
Mortgage loan, maturity date				Jan. 1, 2024	Jan. 1, 2024
Mortgage loan, principal payment terms				No principal payments are due until the loan maturity date of January 1, 2024.	No principal payments are due until the loan maturity date of January 1, 2024.
Harbor Beach JV | Florida
Investments In And Advances To Affiliates [Line Items]
Number of rooms | Room				650					650	650
Guarantee Obligations | Maui JV
Investments In And Advances To Affiliates [Line Items]
Construction loan outstanding				$ 9					$ 9
Guarantee Obligations | Maui JV | Construction Loan
Investments In And Advances To Affiliates [Line Items]
Percentage of construction loan for the Maui JV jointly and/or severally guaranteed by the partners of the joint ventures				100.00%					100.00%	100.00%
Not Guaranteed | Maui JV
Investments In And Advances To Affiliates [Line Items]
Total Debt				$ 32					$ 32

Summary of Investments in Affil

Summary of Investments in Affiliates (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016		Dec. 31, 2015
Schedule Of Investments [Line Items]
Our Investment		$ 286		$ 324
Our Portion of Debt		392		412
Total Debt		1,215		1,269
Distributions received	[1]	52		133
European Joint Venture
Schedule Of Investments [Line Items]
Our Investment		227		251
Our Portion of Debt		236		252
Total Debt		744		797
Distributions received	[1]	$ 18		$ 115	[2]
Assets		Ten hotels in Europe		Ten hotels in Europe
European Joint Venture | Lower Limit
Schedule Of Investments [Line Items]
Investment ownership percentage		32.10%		32.10%
European Joint Venture | Upper Limit
Schedule Of Investments [Line Items]
Investment ownership percentage		33.40%		33.40%
Asia/Pacific Joint Venture
Schedule Of Investments [Line Items]
Investment ownership percentage		25.00%		25.00%
Our Investment		$ 17		$ 25
Distributions received	[1],[3]	$ 9
Assets		A 36% interest in five operating hotels and two hotels in final stages of completion in India		A 36% interest in five operating hotels and two hotels under development in India
Maui JV
Schedule Of Investments [Line Items]
Investment ownership percentage		67.00%		67.00%
Our Investment		$ 81		$ 72
Our Portion of Debt		27		45
Total Debt		$ 41		$ 68
Assets		131-unit vacation ownership project in Maui, HI		131-unit vacation ownership project in Maui, HI
Hyatt Place JV
Schedule Of Investments [Line Items]
Investment ownership percentage		50.00%		50.00%
Our Investment		$ (12)		$ 3
Our Portion of Debt		30		15
Total Debt		60		31
Distributions received	[1]	$ 17	[4]	$ 8
Assets		One hotel in Nashville, TN		One hotel in Nashville, TN
Harbor Beach JV
Schedule Of Investments [Line Items]
Investment ownership percentage		49.90%		49.90%
Our Investment		$ (24)		$ (21)
Our Portion of Debt		75		75
Total Debt		149		149
Distributions received	[1]	$ 6		$ 8
Assets		One hotel in Fort Lauderdale, FL		One hotel in Fort Lauderdale, FL
Philadelphia Marriott Downtown JV
Schedule Of Investments [Line Items]
Investment ownership percentage		11.00%		11.00%
Our Investment		$ (6)		$ (6)
Our Portion of Debt		24		25
Total Debt		221		224
Distributions received	[1]	$ 2		$ 2
Assets		One hotel in Philadelphia, PA		One hotel in Philadelphia, PA
Fifth Wall Ventures
Schedule Of Investments [Line Items]
Our Investment		$ 3
Assets		Real estate industry technology investment
[1]	Distributions received were funded by cash from operations unless otherwise noted.
[2]	Ninety-two percent of the 2015 distributions received from the Euro JV were funded by proceeds from the disposition of nine hotels, discussed below, while the remaining was funded with cash from operations.
[3]	Distributions received from the Asia/Pacific JV in 2016 were primarily related to the sale of the Four Points by Sheraton Perth in 2015.
[4]	Distributions received from the Hyatt Place JV include $14 million of loan refinancing proceeds.

Summary of Investments in Aff56

Summary of Investments in Affiliates (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015Property
European Joint Venture
Schedule Of Investments [Line Items]
Percentage of distribution from sale proceeds		92.00%
Number of properties sold | Property		9
Hyatt Place JV
Schedule Of Investments [Line Items]
Loan refinancing proceeds | $	$ 14

Combined Summarized Balance She

Combined Summarized Balance Sheet Information (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Investments In And Advances To Affiliates Schedule Of Investments [Abstract]
Property and equipment, net	$ 1,634	$ 1,708
Timeshare inventory	137	157
Other assets	514	538
Total assets	2,285	2,403
Debt	1,215	1,269
Other liabilities	319	302
Equity	751	832
Total liabilities and equity	$ 2,285	$ 2,403

Combined Summarized Operating R

Combined Summarized Operating Results for Affiliates (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Investments In And Advances To Affiliates Schedule Of Investments [Abstract]
Total revenues	$ 599	$ 769	$ 810
Expenses	(437)	(558)	(577)
Depreciation and amortization	(73)	(84)	(99)
Operating profit	89	127	134
Interest income	5	3
Interest expense	(57)	(80)	(86)
Gain (loss) on dispositions	(2)	141	12
Net income	$ 35	$ 191	$ 60

Debt (Detail)

Debt (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Senior notes	$ 2,380	$ 2,376
Credit facility	1,206	1,291
Mortgage debt (non-recourse), with an average interest rate of 3.4% and 4.7% at December 31, 2016 and 2015, respectively, maturing through November 2017	63	200
Total debt	3,649	3,867
Series Z senior notes 6% due October 2021
Debt Instrument [Line Items]
Senior notes	297	297
Series B senior notes 5.25% due March 2022
Debt Instrument [Line Items]
Senior notes	347	347
Series C senior notes 4.75% due March 2023
Debt Instrument [Line Items]
Senior notes	446	445
Series D senior notes 3.75% due October 2023
Debt Instrument [Line Items]
Senior notes	398	397
Series E senior notes 4% due June 2025
Debt Instrument [Line Items]
Senior notes	496	495
Series F senior notes 4.5% due February 2026
Debt Instrument [Line Items]
Senior notes	396	395
Term Loan due June 2017
Debt Instrument [Line Items]
Credit facility	500	499
Term Loan due September 2020
Debt Instrument [Line Items]
Credit facility	497	497
Revolver
Debt Instrument [Line Items]
Credit facility	$ 209	$ 295

Debt (Parenthetical) (Detail)

Debt (Parenthetical) (Detail) - Mortgages	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
Average interest rate	3.40%	4.70%
Debt instrument maturity period	2017-11

Debt - Additional Information (

Debt - Additional Information (Detail) shares in Millions

Dec. 29, 2015USD ($)

Oct. 14, 2015USD ($)

Sep. 10, 2015USD ($)

Jun. 15, 2015USD ($)

May 15, 2015USD ($)

Nov. 30, 2015USD ($)

Oct. 31, 2015USD ($)shares

Jul. 31, 2015USD ($)

Dec. 31, 2016USD ($)Entity

Dec. 31, 2015USD ($)shares

Dec. 31, 2014USD ($)

Jun. 27, 2014USD ($)

Dec. 31, 2013USD ($)

Dec. 31, 2009USD ($)

Debt Instrument [Line Items]

Redemption price of senior notes

$ 1,001,000,000

$ 150,000,000

Draws on credit facility

$ 734,000,000

845,000,000

4,000,000

Debt principal outstanding

3,673,000,000

Non-cash interest expense due to discount amortization

7,000,000

21,000,000

24,000,000

Total interest expense

154,000,000

227,000,000

[1]

207,000,000

[1]

Aggregate borrowing capacity

2,000,000,000

$ 1,000,000,000

Additional borrowing capacity

500,000,000

Credit facility

$ 1,206,000,000

1,291,000,000

Net proceeds from (repayment of) credit facility

120,000,000

Leverage ratio

2.4

Cash and cash equivalents

$ 372,000,000

221,000,000

666,000,000

$ 839,000,000

Assets that are secured by mortgage debt | Entity

1

Interest Expense

Debt Instrument [Line Items]

Loss on extinguishment

$ 0

41,000,000

$ 4,000,000

Covenant Requiring Guarantees

Debt Instrument [Line Items]

Leverage ratio

6

Revolver

Debt Instrument [Line Items]

Aggregate borrowing capacity

$ 1,000,000,000

Credit facility maturity date

Jun. 27, 2018

Renewal period of credit facility

Two six-month renewal options

Line of credit interest terms

We pay interest on revolver borrowings under the credit facility at floating rates equal to LIBOR plus a margin

Facility commitment fee

0.20%

Credit facility

$ 209,000,000

295,000,000

Line of credit facility remaining borrowing capacity

788,000,000

Term Loans

Debt Instrument [Line Items]

Aggregate borrowing capacity

$ 500,000,000

Credit facility maturity date

Jun. 27, 2017

Renewal period of credit facility

Two one-year renewal options

Credit facility

$ 997,000,000

$ 996,000,000

Revolving Credit Facility

Debt Instrument [Line Items]

Net proceeds from (repayment of) credit facility

$ (82,000,000)

Revolving Credit Facility | LIBOR

Debt Instrument [Line Items]

Basis point addition

1.00%

Term Loan due September 2020

Debt Instrument [Line Items]

Draws on credit facility

$ 200,000,000

$ 300,000,000

Aggregate borrowing capacity

$ 500,000,000

Debt Instrument, term

5 years

Term loan, interest rate

1.90%

Credit facility

$ 500,000,000

Term Loan due September 2020 | LIBOR

Debt Instrument [Line Items]

Basis point addition

1.10%

Term Loan due June 2017

Debt Instrument [Line Items]

Credit facility

$ 500,000,000

Foreign Currency Borrowings

Debt Instrument [Line Items]

Aggregate borrowing capacity

500,000,000

Swingline Loans

Debt Instrument [Line Items]

Aggregate borrowing capacity

100,000,000

Letter of Credit

Debt Instrument [Line Items]

Aggregate borrowing capacity

$ 100,000,000

Upper Limit | Revolver | LIBOR | Investment grade

Debt Instrument [Line Items]

Basis point addition

1.55%

Facility commitment fee

0.30%

Lower Limit | Revolver | LIBOR | Investment grade

Debt Instrument [Line Items]

Basis point addition

0.875%

Facility commitment fee

0.125%

Series E senior notes 4% due June 2025

Debt Instrument [Line Items]

Face amount of debt

$ 500,000,000

Proceed from issuance of note

$ 495,000,000

Debt interest rate

4.00%

Frequency of interest payable

Interest is payable semi-annually.

Maturity date

Jun. 15, 2025

Date of first payment

Jun. 15, 2015

Series X senior notes 5.875% due 2019

Debt Instrument [Line Items]

Debt interest rate

5.875%

Repayment of debt

$ 500,000,000

Redemption price of senior notes

$ 515,000,000

Series F senior notes 4.5% due February 2026

Debt Instrument [Line Items]

Face amount of debt

$ 400,000,000

Proceed from issuance of note

$ 395,000,000

Debt interest rate

4.50%

Frequency of interest payable

Interest is payable semi-annually.

Date of first payment

Feb. 1, 2016

Series V senior notes 6% due 2020

Debt Instrument [Line Items]

Debt interest rate

6.00%

Repayment of debt

$ 500,000,000

Redemption price of senior notes

515,000,000

Draws on credit facility

$ 100,000,000

2.5% Exchangeable Senior Debentures Due 2029

Debt Instrument [Line Items]

Debt interest rate

2.50%

2.50%

Debt principal outstanding

$ 400,000,000

Exchangeable senior debentures, exchanged

$ 8,700,000

$ 399,000,000

Debt converted into shares of Host Inc. common stock | shares

32

32

Cash paid to redeem debentures

$ 1,000,000

Exchangeable Senior Debentures

Debt Instrument [Line Items]

Contractual interest expense (cash)

$ 8,000,000

Non-cash interest expense due to discount amortization

13,000,000

Total interest expense

$ 21,000,000

Renewal options

Debt Instrument [Line Items]

Credit facility maturity date

Jun. 27, 2019

Covenant Requirement | Credit facility

Debt Instrument [Line Items]

Debt covenant compliance

As of December 31, 2016, we are in compliance with the financial covenants under our credit facility.

Debt instrument covenant description

Additionally, total debt used in the calculation of our leverage ratio is based on a “net debt” concept, under which cash and cash equivalents in excess of $100 million are deducted from our total debt balance.

Covenant Requirement | Upper Limit | Credit facility

Debt Instrument [Line Items]

Leverage ratio

7.25

Covenant Requirement | Lower Limit | Credit facility

Debt Instrument [Line Items]

Unsecured interest coverage ratio

1.75%

Fixed charge coverage ratio

1.25%

Cash and cash equivalents

$ 100,000,000

Debt Covenant | Less Restrictive Covenant

Debt Instrument [Line Items]

Leverage ratio

6

Senior Notes

Debt Instrument [Line Items]

Face amount of debt

2,400,000,000

$ 2,400,000,000

Unamortized discount

$ 20,000,000

$ 24,000,000

Debt covenant compliance

As of December 31, 2016, we are in compliance with all of these covenants.

Senior Notes | Upper Limit

Debt Instrument [Line Items]

Debt repurchase authorized amount

$ 250,000,000

Mortgages

Debt Instrument [Line Items]

Debt covenant compliance

As of December 31, 2016, we are in compliance with the covenants under our mortgage debt obligation.

Average interest rate

3.40%

4.70%

[1]

Interest expense and interest paid for 2015 and 2014 include cash prepayment premiums of approximately $30 million and $2 million, respectively.

Mortgage Debt Issuances and Rep

Mortgage Debt Issuances and Repayments (Detail) - USD ($) $ in Millions	1 Months Ended						12 Months Ended
	Sep. 30, 2016	Apr. 30, 2016	Mar. 31, 2016	Feb. 29, 2016	Nov. 30, 2015	Oct. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Debt Instrument [Line Items]
Mortgage repayment							$ (137)	$ (35)	$ (384)
Novotel and ibis Christchurch
Debt Instrument [Line Items]
Rate	3.60%
Maturity date	Feb. 18, 2018
Mortgage repayment	$ (17)
Hyatt Regency Reston
Debt Instrument [Line Items]
Rate		3.50%
Maturity date		Jul. 1, 2016
Mortgage repayment		$ (100)
Ibis Wellington
Debt Instrument [Line Items]
Rate			3.70%
Maturity date			Feb. 18, 2018
Mortgage repayment			$ (11)
Novotel Wellington
Debt Instrument [Line Items]
Rate				5.70%
Maturity date				Feb. 18, 2018
Mortgage repayment				$ (9)
Novotel Queenstown Lakeside
Debt Instrument [Line Items]
Rate					6.70%
Maturity date					Feb. 18, 2016
Mortgage repayment					$ (20)
Novotel Auckland Ellerslie and ibis Auckland Ellerslie
Debt Instrument [Line Items]
Rate						6.40%
Maturity date						Feb. 18, 2016
Mortgage repayment						$ (15)

Aggregate Debt Maturities (Deta

Aggregate Debt Maturities (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Debt Disclosure [Abstract]
2,017	$ 562
2,018	211
2,020	500
2,021	300
Thereafter	2,100
Debt principal outstanding	3,673
Deferred financing costs	(23)
Unamortized (discounts) premiums, net	(2)
Capital lease obligations	1
Total debt	$ 3,649	$ 3,867

Interest Expense (Detail)

Interest Expense (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015		Dec. 31, 2014
Debt Disclosure [Abstract]
Interest expense		$ 154	$ 227	[1]	$ 207	[1]
Amortization of debt premiums/discounts, net	[2]	(1)	(13)	[1]	(16)	[1]
Amortization of deferred financing costs		(6)	(8)	[1]	(8)	[1]
Non-cash losses on debt extinguishments	[1]		(11)		(2)
Change in accrued interest		(3)	12	[1]	1	[1]
Interest paid	[3]	$ 144	$ 207	[1]	$ 182	[1]
[1]	Interest expense and interest paid for 2015 and 2014 include cash prepayment premiums of approximately $30 million and $2 million, respectively.
[2]	Primarily represents the amortization of the debt discount on our Debentures, which is considered non-cash interest expense.
[3]	Does not include capitalized interest of $3 million, $5 million and $7 million for 2016, 2015 and 2014, respectively.

Interest Expense (Parenthetical

Interest Expense (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Debt Disclosure [Abstract]
Prepayment premiums		$ 30	$ 2
Capitalized interest	$ 3	$ 5	$ 7

Equity of Host Inc. and Capit66

Equity of Host Inc. and Capital of Host L.P. - Additional Information (Detail) $ / shares in Units, $ in Millions	Feb. 21, 2017USD ($)$ / shares	Dec. 31, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014$ / sharesshares	Oct. 29, 2015USD ($)	Apr. 30, 2015USD ($)	Dec. 31, 2013shares
Stockholders Equity Note [Line Items]
Common stock, shares authorized		1,050,000,000	1,050,000,000
Common stock, par value | $ / shares		$ 0.01	$ 0.01
Common stock, shares outstanding		737,800,000	750,300,000
Dividend policy		The amount of any future dividends will be determined by Host Inc.’s Board of Directors.
Dividends taxable as ordinary income to stockholders		66.00%	80.00%
Dividends taxable as qualified income to stockholders		4.00%	8.00%
Dividends taxable as unrecaptured Section 1250 gain		6.00%	7.00%
Capital Gains Distribution Percentage		24.00%	5.00%
Dividend per share, declared | $ / shares		$ 0.85	$ 0.80	$ 0.75
Lower Limit
Stockholders Equity Note [Line Items]
Percentage of annual taxable income Host Inc is required to distribute		90.00%
HOST HOTELS & RESORTS, INC.
Stockholders Equity Note [Line Items]
Common stock, shares authorized		1,050,000,000	1,050,000,000
Common stock, par value | $ / shares		$ 0.01	$ 0.01
Common stock, shares outstanding		737,800,000	750,300,000
Preferred stock, shares authorized		50,000,000
Preferred stock, no par value | $ / shares
Preferred stock, shares outstanding		0	0
Percentage of the common OP units		99.00%
Common stock repurchase, shares		13,800,000	38,300,000
Common stock repurchase, average price per share | $ / shares		$ 15.79	$ 17.64
Common stock repurchase, value | $		$ 218	$ 675
Debt converted into shares of Host Inc. common stock			32,000,000
HOST HOTELS & RESORTS, INC. | Maximum
Stockholders Equity Note [Line Items]
Common stock repurchase, authorized amount | $					$ 500	$ 500
HOST HOTELS & RESORTS, INC. | Subsequent Event
Stockholders Equity Note [Line Items]
Dividend declaration date	Feb. 21, 2017
Dividend per share, declared | $ / shares	$ 0.20
Dividend payable date	Apr. 17, 2017
Dividend record date	Mar. 31, 2017
HOST HOTELS & RESORTS, INC. | Subsequent Event | Maximum
Stockholders Equity Note [Line Items]
Common stock repurchase, authorized amount | $	$ 500
HOST HOTELS & RESORTS L.P.
Stockholders Equity Note [Line Items]
Percentage of the common OP Units		1.00%
Shares issuable upon conversion of one OP unit		1.021494	1.021494
Common OP units, outstanding		730,800,000	743,700,000
Exchangeable senior debentures, exchanged | $			$ 399
Debt converted into shares of Host Inc. common stock			32,000,000
HOST HOTELS & RESORTS L.P. | Limited Partner
Stockholders Equity Note [Line Items]
Common OP units, outstanding		722,200,000	734,500,000	739,900,000			738,900,000
Common stock repurchase, shares		13,500,000	37,500,000
Common stock repurchase, value | $		$ 218	$ 675

Common Dividends Declared Per S

Common Dividends Declared Per Share (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity [Abstract]
Common stock	$ 0.85	$ 0.80	$ 0.75
Common OP units	$ 0.868	$ 0.817	$ 0.766

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
Number of subsequent years we may not able to qualify as REIT if failed to qualify for taxation as a REIT in any taxable year	4 years
Valuation allowance	$ 22	$ 23
Net (decrease) and increase in valuation allowance	1	22
Domestic and foreign net operating loss and capital loss carryovers	137
Deferred tax asset operating loss carryforwards	$ 43	63
Net operating loss carryover expiration date	Our net operating loss carryovers expire through 2035, and our foreign capital loss carryovers have no expiration period.
Net operating loss carryover expiration year	2,035
Expiration of tax credits	Our alternative minimum tax and investment tax credit carryovers have no expiration period.
Total deferred tax assets, net of valuation allowance	$ 91	131
Cash paid for income taxes, net of refunds received	$ 15	9	$ 22
Statutory federal income tax rate	35.00%
Recognized material interest or penalties	$ 0	$ 0	$ 0
Lower Limit
Income Taxes [Line Items]
Open tax year by major tax jurisdiction	2,013
Upper Limit
Income Taxes [Line Items]
Open tax year by major tax jurisdiction	2,016
Mexico
Income Taxes [Line Items]
Valuation allowance	$ 22
Canada
Income Taxes [Line Items]
Reversal of valuation allowance recorded against the deferred tax asset	$ 3
Lower Limit
Income Taxes [Line Items]
Percentage of annual taxable income Host Inc is required to distribute	90.00%

Primary Components of Net Defer

Primary Components of Net Deferred Tax Asset (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Deferred tax assets
Related party interest expense		$ 7
Net operating loss and capital loss carryovers	$ 43	63
Alternative minimum tax and investment tax credits	8	5
Property and equipment	4	4
Investments in domestic affiliates	2	3
Deferred revenue and expenses	42	52
Foreign exchange net losses (AOCI)	12	18
Other	2	2
Total gross deferred tax assets	113	154
Less: Valuation allowance	(22)	(23)
Total deferred tax assets, net of valuation allowance	91	131
Deferred tax liabilities
Property and equipment	(11)	(16)
Investments in domestic and foreign affiliates	(7)	(12)
Other	(2)	(2)
Total gross deferred tax liabilities	(20)	(30)
Net deferred tax assets	$ 71	$ 101

Income from Continuing Operatio

Income from Continuing Operations Before Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
U.S. income	$ 763	$ 530	$ 738
Foreign income	48	44	17
INCOME BEFORE INCOME TAXES	$ 811	$ 574	$ 755

Provision for Income Taxes from

Provision for Income Taxes from Continuing Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Current Federal		$ 2	$ 3
Current State	$ 1	(1)	2
Current Foreign	12	3	10
Current Income Tax Expense (Benefit), Total	13	4	15
Deferred Federal	24	2	(1)
Deferred State	6		(1)
Deferred Foreign	(3)	3	1
Deferred income taxes	27	5	(1)
Income tax provision – continuing operations	$ 40	$ 9	$ 14

Income Tax Provision Calculated

Income Tax Provision Calculated at Statutory U.S. Federal Income Tax Rate and Actual Income Tax Provision Recorded (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Statutory federal income tax provision	$ 284	$ 204	$ 265
Adjustment for nontaxable income of Host Inc.	(260)	(203)	(268)
State income tax provision, net	7	1	1
Provision for uncertain tax positions		1	5
Foreign income tax provision	9	6	11
Income tax provision – continuing operations	$ 40	$ 9	$ 14

Unrecognized Tax Benefits Recon

Unrecognized Tax Benefits Reconciliation (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Balance at January 1	$ 11	$ 10
State decreases	0	(2)
Other increases	0	3
Balance at December 31	$ 11	$ 11

Leases - Additional Information

Leases - Additional Information (Detail) $ in Millions	Jul. 30, 2012USD ($)ft²	Dec. 31, 2016USD ($)HotelContract
Leases Disclosure [Line Items]
Number of ground leases | Hotel		26
Operating leases information		Leases and subleases contain one or more renewal options
Aggregate contingent liabilities relating to our former restaurant business		$ 12
Minimum payments from restaurants and the Sub lessee payable to us under non-cancelable subleases		$ 7
Lower Limit
Leases Disclosure [Line Items]
Number of renewal options | Contract		1
Minimum additional renewal option period		5 years
Upper Limit
Leases Disclosure [Line Items]
Minimum additional renewal option period		10 years
New York Marriott Marquis | Vornado Realty Trust
Leases Disclosure [Line Items]
Lease term	20 years
Future minimum rental revenue under the non-cancelable lease on an annual basis	$ 12.5
Area of LED sign | ft²	25,000

Future Minimum Annual Rental Co

Future Minimum Annual Rental Commitments Required Under Non-Cancelable Operating Leases (Detail) $ in Millions	Dec. 31, 2016USD ($)
Operating Leases
2,017	$ 43
2,018	41
2,019	38
2,020	38
2,021	37
Thereafter	1,264
Total minimum lease payments	$ 1,461

Rent Expense (Detail)

Rent Expense (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Leases [Abstract]
Minimum rentals on operating leases	$ 45	$ 46	$ 47
Additional rentals based on sales	38	33	32
Less: sublease rentals	(2)	(2)	(3)
Operating Leases, Rent Expense, Total	$ 81	$ 77	$ 76

Employee Stock Plans - Addition

Employee Stock Plans - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Employee Benefits Disclosure [Line Items]
Common stock reserved and available for issuance under the Comprehensive Plan		14,000,000
Compensation expense		$ 12	$ 11	$ 22
Granted		2,300,000	1,800,000	2,000,000
Vested		1,200,000	800,000	1,300,000
Liability awards as a percentage of restricted stock awards granted		99.00%
Restricted Stock | Executive Officer
Employee Benefits Disclosure [Line Items]
Compensation expense		$ 10	$ 8	$ 18
Granted		1,600,000	1,300,000	1,500,000
Vested	[1]	600,000	400,000	800,000
Employee Stock Option
Employee Benefits Disclosure [Line Items]
Compensation expense		$ 1.5	$ 1.8	$ 1.8
Granted		596,000	366,000	393,000
Stock options outstanding		1,300,000
Stock options exercisable		1,300,000
Weighted average remaining life - outstanding		8 years
Weighted average remaining life - exercisable		8 years
Weighted average exercise price - outstanding		$ 17.78
Weighted average exercise price - exercisable		$ 17.78
Weighted average risk free rate, minimum		1.00%
Weighted average risk free rate, maximum		1.80%
Expected life		5 years 6 months
Employee Stock Option | Lower Limit
Employee Benefits Disclosure [Line Items]
Weighted average volatility		28.00%
Weighted average dividend yield		3.00%
Employee Stock Option | Upper Limit
Employee Benefits Disclosure [Line Items]
Weighted average volatility		32.00%
Weighted average dividend yield		5.00%
Other Stock Plans
Employee Benefits Disclosure [Line Items]
Compensation expense		$ 1.6	$ 1.9	$ 2.2
Granted		118,000	116,000	118,000
Vesting term		3 years
Employee stock purchase plan discount percentage		10.00%
Senior Executive Plan | Restricted Stock | Executive Officer
Employee Benefits Disclosure [Line Items]
Granted		1,600,000
Restricted stock awards		0
Payout comparison		Vesting of restricted stock awards is based on (1) the achievement of relative total shareholder return (“TSR”) and (2) the company and personal performance of employees attributable to specific management business objectives. Approximately 50% of the restricted stock awards are based on the satisfaction of the TSR compared to (i) the NAREIT index, (ii) the Standard & Poor’s index, and (iii) a Selected Lodging Company index that serves as a relevant industry/asset specific measurement to our competitors, with the remaining 50% based on the achievement of management business objectives.
Senior Executive Plan | Restricted Stock | Executive Officer | Satisfaction of total shareholder return
Employee Benefits Disclosure [Line Items]
Shares vesting percentage		50.00%
Senior Executive Plan | Restricted Stock | Executive Officer | Achievement of Management Business Objective
Employee Benefits Disclosure [Line Items]
Shares vesting percentage		50.00%
Senior Executive Plan | Employee Stock Option | Executive Officer
Employee Benefits Disclosure [Line Items]
Granted		600,000
Stock option exercise price		$ 14.26
Stock options outstanding		0
[1]	Shares that vest at December 31 of each year are issued to the employees in the first quarter of the following year, although the requisite service period is complete. Accordingly, the 0.2 million shares issued in 2016 include shares vested at December 31, 2015, after adjusting for shares withheld to meet employee tax requirements. The shares withheld for employee tax requirements were valued at $2.4 million, $9.8 million and $6.1 million for 2016, 2015 and 2014, respectively.

Summary of Status of Senior Exe

Summary of Status of Senior Executive Plans (Detail) - $ / shares shares in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Shares
Granted		2.3	1.8	2
Vested		(1.2)	(0.8)	(1.3)
Restricted Stock | Executive Officer
Shares
Granted		1.6	1.3	1.5
Vested	[1]	(0.6)	(0.4)	(0.8)
Forfeited/expired		(1)	(0.9)	(0.7)
Issued in calendar year	[1]	0.2	0.5	0.4
Fair Value
Granted		$ 18	$ 16	$ 18
Vested	[1]	19	15	24
Forfeited/expired		19	15	24
Issued in calendar year	[1]	$ 15	$ 24	$ 19
[1]	Shares that vest at December 31 of each year are issued to the employees in the first quarter of the following year, although the requisite service period is complete. Accordingly, the 0.2 million shares issued in 2016 include shares vested at December 31, 2015, after adjusting for shares withheld to meet employee tax requirements. The shares withheld for employee tax requirements were valued at $2.4 million, $9.8 million and $6.1 million for 2016, 2015 and 2014, respectively.

Summary of Status of Senior E79

Summary of Status of Senior Executive Plans (Parenthetical) (Detail) - Executive Officer - Restricted Stock - USD ($) shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]
Shares issued	[1]	0.2	0.5	0.4
Value of shares withheld for employee tax requirements		$ 2.4	$ 9.8	$ 6.1
[1]	Shares that vest at December 31 of each year are issued to the employees in the first quarter of the following year, although the requisite service period is complete. Accordingly, the 0.2 million shares issued in 2016 include shares vested at December 31, 2015, after adjusting for shares withheld to meet employee tax requirements. The shares withheld for employee tax requirements were valued at $2.4 million, $9.8 million and $6.1 million for 2016, 2015 and 2014, respectively.

Dispositions - Additional Infor

Dispositions - Additional Information (Detail) $ in Millions	Feb. 24, 2017USD ($)	Dec. 31, 2016USD ($)Hotel	Dec. 31, 2015USD ($)Hotel	Dec. 31, 2014USD ($)Hotel
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Number of hotels sold | Hotel		10	8	5
Proceeds from sales of assets, net		$ 467	$ 277	$ 497
FF&E replacement fund retained		$ 173	$ 141
JW Marriott Desert Springs Resort & Spa | Subsequent Event
Income Statement Balance Sheet And Additional Disclosures By Disposal Groups Including Discontinued Operations [Line Items]
Proceeds from sales of assets, net	$ 172
FF&E replacement fund retained	$ 12

Summary of Results of Operation

Summary of Results of Operations for Hotels which are Included in Continuing Operations (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Disposal Group Not Discontinued Operation Disposal Disclosures [Abstract]
Revenues	$ 58	$ 214	$ 353
Income before taxes and gain on disposal	10	25	27
Gain on disposals	$ 243	$ 89	$ 229

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) AUD in Millions, $ in Millions	Feb. 16, 2017USD ($)Room	Dec. 30, 2015USD ($)	Jun. 08, 2015USD ($)Room	Oct. 31, 2016USD ($)Apartment	Oct. 31, 2016AUDApartment	Jul. 31, 2016USD ($)	Feb. 28, 2015USD ($)Parcel	Dec. 31, 2015USD ($)
Business Acquisition [Line Items]
Acquisition-related expenses								$ 1
Key Bridge Marriott
Business Acquisition [Line Items]
Asset acquisition						$ 54
Minneapolis Marriott City Center
Business Acquisition [Line Items]
Asset acquisition		$ 34
Sheraton Indianapolis Hotel at Keystone Crossing
Business Acquisition [Line Items]
Asset acquisition							$ 4.6
Number of out-parcels | Parcel							2
Hilton Melbourne South Wharf
Business Acquisition [Line Items]
Other asset acquisition				$ 4	AUD 5
Hilton Melbourne South Wharf | Apartment
Business Acquisition [Line Items]
Number of rooms/apartment | Apartment				8	8
The Phoenician Hotel
Business Acquisition [Line Items]
Number of rooms/apartment | Room			643
Acquisition purchase price			$ 400
The Don CeSar Hotel | Beach House Suites | Subsequent Event
Business Acquisition [Line Items]
Number of rooms/apartment | Room	347
Acquisition purchase price	$ 214
The estimated fair value of the assets acquired	$ 214

Fair Value of Financial Assets

Fair Value of Financial Assets and Liabilities (Detail) - Financial assets and liabilities measured on recurring basis - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Foreign currency forward sale contracts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurements on a recurring basis, Assets	[1]	$ 12	$ 17
Interest rate swap derivatives
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurements on a recurring basis, Liabilities	[1]		(1)
Significant Other Observable Inputs (Level 2) | Foreign currency forward sale contracts
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurements on a recurring basis, Assets	[1]	$ 12	17
Significant Other Observable Inputs (Level 2) | Interest rate swap derivatives
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Fair value measurements on a recurring basis, Liabilities	[1]		$ (1)
[1]	These derivative contracts have been designated as hedging instruments.

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - 12 months ended Dec. 31, 2016 $ in Millions	USD ($)	EUR (€)Contract	CADContract	NZDContract
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Number of foreign currency forward contracts outstanding | Contract		6	6	6
Matured Foreign Currency Forward Sale Contracts
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Notional Amount		€ 30,000,000	CAD 25,000,000
Total proceeds | $	$ 11
New Foreign Currency Forward Sale Contracts
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Notional Amount		€ 30,000,000	CAD 25,000,000	NZD 45,000,000

Foreign Currency Sale Contracts

Foreign Currency Sale Contracts (Detail) - Foreign Exchange Contract	12 Months Ended
	Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2016EUR (€)	Dec. 31, 2016CAD	Dec. 31, 2016NZD
Euros
Derivative [Line Items]
Total transaction amount	$ 118,000,000		€ 100,000,000
Change in fair value gain (loss)	$ 5,000,000	$ 13,000,000
Euros | Minimum
Derivative [Line Items]
Transaction Date Range	2014-05
Forward purchase date range	2017-05
Euros | Maximum
Derivative [Line Items]
Transaction Date Range	2016-01
Forward purchase date range	2018-01
Canadian Dollars
Derivative [Line Items]
Transaction Date Range	2016-11
Total transaction amount	$ 19,000,000			CAD 25,000,000
Forward purchase date range	2018-11
Change in fair value gain (loss)		$ 3,000,000
New Zealand Dollars
Derivative [Line Items]
Transaction Date Range	2016-11
Total transaction amount	$ 32,000,000				NZD 45,000,000
Forward purchase date range	2017-02
Change in fair value gain (loss)	$ 1,000,000

Draws on Credit Facility that a

Draws on Credit Facility that are Designated as Net Investments in Foreign Operations (Detail) € in Millions, CAD in Millions, AUD in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2016USD ($)	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2016EUR (€)	Dec. 31, 2016AUD	Dec. 31, 2016CAD
Debt Instrument Designated As Hedges Of Net Investment In Foreign Operations [Line Items]
Credit facility		$ 1,206	$ 1,291
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates			(71)	$ (60)
Canadian Dollars
Debt Instrument Designated As Hedges Of Net Investment In Foreign Operations [Line Items]
Credit facility	[1]	34					CAD 46
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates	[1]	(1)	5
Euros
Debt Instrument Designated As Hedges Of Net Investment In Foreign Operations [Line Items]
Credit facility		81			€ 77
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates		3	$ 10
Australian Dollars
Debt Instrument Designated As Hedges Of Net Investment In Foreign Operations [Line Items]
Credit facility		36				AUD 50
Foreign currency translation and other comprehensive income (loss) of unconsolidated affiliates		$ 2
[1]	We have drawn an additional $45 million on the credit facility in Canadian dollars that has not been designated as a hedging instrument.

Draws on Credit Facility that87

Draws on Credit Facility that are Designated as Net Investments in Foreign Operations (Parenthetical) (Detail) CAD in Millions, $ in Millions		Dec. 31, 2016USD ($)	Dec. 31, 2016CAD	Dec. 31, 2015USD ($)
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Credit facility		$ 1,206		$ 1,291
Canadian Dollars
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Credit facility	[1]	34	CAD 46
Canadian Dollars | Not Designated as Hedging Instrument
Derivative Instruments And Hedging Activities Disclosures [Line Items]
Credit facility		$ 45
[1]	We have drawn an additional $45 million on the credit facility in Canadian dollars that has not been designated as a hedging instrument.

Fair Values of Certain Financia

Fair Values of Certain Financial Assets and Liabilities and Other Financial Instruments (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Financial liabilities
Senior notes	$ 2,380	$ 2,376
Credit facility, carrying value	1,206	1,291
Mortgage debt and other, excluding capital leases, carrying value	62	199
Quoted Prices in Active Markets for Identical Assets (Level 1)
Financial liabilities
Senior notes (Level 1), fair value	2,477	2,452
Significant Other Observable Inputs (Level 2)
Financial liabilities
Credit facility (Level 2), fair value	1,211	1,298
Significant Other Observable Inputs (Level 2) | Mortgage debt and other, excluding capital leases
Financial liabilities
Mortgage debt and other, excluding capital leases (Level 2), fair value	$ 62	$ 199

Relationship with Marriott In89

Relationship with Marriott International - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Management fees	$ 236	$ 226	$ 227
Agreements with Marriott International Inc
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Percentage of revenues	77.00%
Management fees	$ 159	138	142
Franchise fees	$ 4.6	$ 2.6	$ 1.4

Hotel Management Agreements a90

Hotel Management Agreements and Operating and License Agreements - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016Contract
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Percentage of property revenue allocated for renewal and replacement capital expenditures	5.00%
Lower Limit
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Base management fee as percentage of annual gross revenues	2.00%
Management incentive fee as percentage of operating profit	10.00%
Number of renewal options	1
Lower Limit | Contractual Rights
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Agreement initial term	10 years
Number of renewal options	1
Upper Limit
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Base management fee as percentage of annual gross revenues	3.00%
Management incentive fee as percentage of operating profit	20.00%
Upper Limit | Contractual Rights
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Agreement initial term	25 years
Marriott
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Percentage of revenues	77.00%
Base fee percentage	1.00%
Marriott | Occupancy | Licensing Agreements
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Percentage sales paid for fees	5.00%
Marriott | Food and Beverage | Licensing Agreements
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Percentage sales paid for fees	2.00%
Hyatt
Liabilities For Guarantees On Long Duration Contracts [Line Items]
Percentage of revenues	13.00%

Geographic and Business Segme91

Geographic and Business Segment Information - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016SegmentCountry
Segment Reporting Information [Line Items]
Number of operating segments | Segment	1
Non-US
Segment Reporting Information [Line Items]
Foreign operations, number of countries | Country	4

Revenues and Long-Lived Assets

Revenues and Long-Lived Assets by Geographical Area (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Revenues	$ 5,430	$ 5,350	$ 5,321
Property and equipment, net	10,145	10,583	10,494
United States
Segment Reporting Information [Line Items]
Revenues	5,259	5,129	5,044
Property and equipment, net	9,913	10,294	10,030
Australia
Segment Reporting Information [Line Items]
Revenues	34	34	39
Property and equipment, net	85	88	102
Brazil
Segment Reporting Information [Line Items]
Revenues	34	30	36
Property and equipment, net	63	53	82
Canada
Segment Reporting Information [Line Items]
Revenues	54	58	87
Property and equipment, net	71	66	82
Chile
Segment Reporting Information [Line Items]
Revenues	9	25	32
Property and equipment, net		44	44
Mexico
Segment Reporting Information [Line Items]
Revenues	29	29	29
Property and equipment, net	13	18	26
New Zealand
Segment Reporting Information [Line Items]
Revenues	$ 11	45	54
Property and equipment, net		$ 20	$ 128

Guarantees and Contingencies -

Guarantees and Contingencies - Additional Information (Detail) $ in Millions	1 Months Ended		12 Months Ended
	Jan. 31, 2013USD ($)	Jan. 31, 2005Hotel	Dec. 31, 2016USD ($)Hotel	Dec. 31, 2015Hotel	Dec. 31, 2014Hotel
Commitments And Contingencies Disclosure [Line Items]
Aggregate contingent liabilities relating to our former restaurant business			$ 12
Number of hotels sold | Hotel			10	8	5
Future minimum lease payments			$ 1,461
Upper Limit | Atlanta Marriott Marquis
Commitments And Contingencies Disclosure [Line Items]
Environmental liabilities	$ 5
Contingent Consideration Hotel
Commitments And Contingencies Disclosure [Line Items]
Number of hotels sold | Hotel		2
Future minimum lease payments			$ 8

Legal Proceedings - Additional

Legal Proceedings - Additional Information (Detail)	Dec. 31, 2016USD ($)
Loss Contingencies [Line Items]
Loss contingency accrual	$ 5,000,000
Maximum
Loss Contingencies [Line Items]
Estimate of possible losses	17,000,000
Other Litigation Cases
Loss Contingencies [Line Items]
Estimate of possible losses	$ 150,000

Quarterly Financial Data (Detai

Quarterly Financial Data (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended																12 Months Ended
	Dec. 31, 2016		Sep. 30, 2016		Jun. 30, 2016		Mar. 31, 2016		Dec. 31, 2015		Sep. 30, 2015		Jun. 30, 2015		Mar. 31, 2015		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Quarterly Financial Information [Line Items]
Revenues																	$ 5,430	$ 5,350	$ 5,321
Operating profit																	684	631	694
NET INCOME																	771	565	741
Net income attributable to Host Hotels & Resorts, Inc.																	$ 762	$ 558	$ 732
Basic earnings per common share																	$ 1.03	$ 0.74	$ 0.97
Diluted earnings per common share																	$ 1.02	$ 0.74	$ 0.96
HOST HOTELS & RESORTS, INC.
Quarterly Financial Information [Line Items]
Revenues	$ 1,337		$ 1,295		$ 1,459		$ 1,339		$ 1,326		$ 1,283		$ 1,439		$ 1,302
Operating profit	150		144		239		151		143		133		222		133
NET INCOME	128		108		351		184		165		87		214		99
Net income attributable to Host Hotels & Resorts, Inc.	$ 126		$ 107		$ 347		$ 182		$ 163		$ 85		$ 212		$ 98
Basic earnings per common share	$ 0.17		$ 0.14		$ 0.47		$ 0.24		$ 0.22		$ 0.11		$ 0.28		$ 0.13
Diluted earnings per common share	$ 0.17		$ 0.14		$ 0.47		$ 0.24		$ 0.22		$ 0.11		$ 0.28		$ 0.13
HOST HOTELS & RESORTS L.P.
Quarterly Financial Information [Line Items]
Revenues																	$ 5,430	$ 5,350	$ 5,321
Operating profit																	684	631	694
NET INCOME																	771	565	741
Net income attributable to Host Hotels & Resorts, Inc.	$ 127	[1]	$ 108	[1]	$ 352	[1]	$ 184	[1]	$ 165	[1]	$ 86	[1]	$ 215	[1]	$ 99	[1]	$ 771	$ 565	$ 741
Basic earnings per common share	$ 0.17	[1]	$ 0.15	[1]	$ 0.48	[1]	$ 0.25	[1]	$ 0.22	[1]	$ 0.12	[1]	$ 0.29	[1]	$ 0.13	[1]	$ 1.05	$ 0.76	$ 0.99
Diluted earnings per common share	$ 0.17	[1]	$ 0.15	[1]	$ 0.48	[1]	$ 0.25	[1]	$ 0.22	[1]	$ 0.12	[1]	$ 0.29	[1]	$ 0.13	[1]	$ 1.05	$ 0.76	$ 0.99
[1]	Other income statement line items not presented for Host L.P. are equal to the amounts presented for Host Inc.

Real Estate and Accumulated D96

Real Estate and Accumulated Depreciation (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Real Estate And Accumulated Depreciation [Line Items]
Debt	$ 3,673
Initial Costs, Land	2,075
Initial Costs, Buildings & Improvements	8,956
Subsequent Costs Capitalized	4,591
Foreign Currency Adjustment	(92)
Land	2,047
Buildings & Improvements	13,483
Total	15,530	$ 15,516	$ 15,160	$ 15,245
Accumulated Depreciation	5,949	$ 5,666	$ 5,283	$ 4,962
Other Property
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	4
Initial Costs, Buildings & Improvements	1
Subsequent Costs Capitalized	12
Land	4
Buildings & Improvements	13
Total	17
Accumulated Depreciation	$ 8
Depreciation Life	40 years
Date Acquired	various
Mortgages debt and other
Real Estate And Accumulated Depreciation [Line Items]
Debt	$ 62
Atlanta Marriott Suites Midtown
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	26
Subsequent Costs Capitalized	9
Buildings & Improvements	35
Total	35
Accumulated Depreciation	$ 21
Date Acquired	1,996
Depreciation Life	40 years
Axiom Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 36
Initial Costs, Buildings & Improvements	38
Subsequent Costs Capitalized	39
Land	36
Buildings & Improvements	77
Total	113
Accumulated Depreciation	$ 6
Date Acquired	2,014
Depreciation Life	33 years
Boston Marriott Copley Place
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 203
Subsequent Costs Capitalized	79
Buildings & Improvements	282
Total	282
Accumulated Depreciation	$ 129
Date Acquired	2,002
Depreciation Life	40 years
Calgary Marriott Downtown
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 5
Initial Costs, Buildings & Improvements	18
Subsequent Costs Capitalized	45
Land	5
Buildings & Improvements	63
Total	68
Accumulated Depreciation	$ 29
Date Acquired	1,996
Depreciation Life	40 years
Chicago Marriott Suites Downers Grove
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 2
Initial Costs, Buildings & Improvements	14
Subsequent Costs Capitalized	12
Land	2
Buildings & Improvements	26
Total	28
Accumulated Depreciation	$ 14
Date Acquired	1,996
Depreciation Life	40 years
Chicago Marriott Suites O'Hare
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 5
Initial Costs, Buildings & Improvements	36
Subsequent Costs Capitalized	19
Land	5
Buildings & Improvements	55
Total	60
Accumulated Depreciation	$ 25
Date Acquired	1,998
Depreciation Life	40 years
Coronado Island Marriott Resort & Spa
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 53
Subsequent Costs Capitalized	45
Buildings & Improvements	98
Total	98
Accumulated Depreciation	$ 51
Date Acquired	1,997
Depreciation Life	40 years
Costa Mesa Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 3
Initial Costs, Buildings & Improvements	18
Subsequent Costs Capitalized	9
Land	3
Buildings & Improvements	27
Total	30
Accumulated Depreciation	$ 16
Date Acquired	1,996
Depreciation Life	40 years
Courtyard Chicago Downtown/River North
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 7
Initial Costs, Buildings & Improvements	27
Subsequent Costs Capitalized	15
Land	7
Buildings & Improvements	42
Total	49
Accumulated Depreciation	$ 27
Date Acquired	1,992
Depreciation Life	40 years
Denver Marriott Tech Center Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 6
Initial Costs, Buildings & Improvements	26
Subsequent Costs Capitalized	74
Land	6
Buildings & Improvements	100
Total	106
Accumulated Depreciation	$ 39
Date Acquired	1,994
Depreciation Life	40 years
Denver Marriott West
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 12
Subsequent Costs Capitalized	14
Buildings & Improvements	26
Total	26
Accumulated Depreciation	$ 20
Date Acquired	1,983
Depreciation Life	40 years
Embassy Suites Chicago-Downtown/Lakefront
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 86
Subsequent Costs Capitalized	17
Buildings & Improvements	103
Total	103
Accumulated Depreciation	$ 35
Date Acquired	2,004
Depreciation Life	40 years
Gaithersburg Marriott Washingtonian Center
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 7
Initial Costs, Buildings & Improvements	22
Subsequent Costs Capitalized	13
Land	7
Buildings & Improvements	35
Total	42
Accumulated Depreciation	$ 22
Date Acquired	1,993
Depreciation Life	40 years
Grand Hyatt Atlanta in Buckhead
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 8
Initial Costs, Buildings & Improvements	88
Subsequent Costs Capitalized	30
Land	8
Buildings & Improvements	118
Total	126
Accumulated Depreciation	$ 58
Date Acquired	1,998
Depreciation Life	40 years
Grand Hyatt Washington
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 154
Initial Costs, Buildings & Improvements	247
Subsequent Costs Capitalized	29
Land	154
Buildings & Improvements	276
Total	430
Accumulated Depreciation	$ 48
Date Acquired	2,012
Depreciation Life	33 years
Hilton Melbourne South Wharf
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 136
Subsequent Costs Capitalized	16
Foreign Currency Adjustment	(50)
Buildings & Improvements	102
Total	102
Accumulated Depreciation	$ 20
Date Acquired	2,011
Depreciation Life	31 years
Hilton Melbourne South Wharf | Mortgages debt and other
Real Estate And Accumulated Depreciation [Line Items]
Debt	$ 62
Hilton Singer Island Oceanfront Resort
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	2
Initial Costs, Buildings & Improvements	10
Subsequent Costs Capitalized	22
Land	2
Buildings & Improvements	32
Total	34
Accumulated Depreciation	$ 22
Date Acquired	1,994
Depreciation Life	40 years
Houston Airport Marriott at George Bush Intercontinental
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 10
Subsequent Costs Capitalized	91
Buildings & Improvements	101
Total	101
Accumulated Depreciation	$ 55
Date Acquired	1,984
Depreciation Life	40 years
Houston Marriott Medical Center
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 19
Subsequent Costs Capitalized	32
Buildings & Improvements	51
Total	51
Accumulated Depreciation	$ 31
Date Acquired	1,998
Depreciation Life	40 years
Hyatt Place Waikiki Beach
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 12
Initial Costs, Buildings & Improvements	120
Subsequent Costs Capitalized	2
Land	12
Buildings & Improvements	122
Total	134
Accumulated Depreciation	$ 15
Date Acquired	2,013
Depreciation Life	34 years
Hyatt Regency Cambridge, Overlooking Boston
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 18
Initial Costs, Buildings & Improvements	84
Subsequent Costs Capitalized	11
Land	19
Buildings & Improvements	94
Total	113
Accumulated Depreciation	$ 54
Date Acquired	1,998
Depreciation Life	40 years
Hyatt Regency Maui Resort & Spa
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 92
Initial Costs, Buildings & Improvements	212
Subsequent Costs Capitalized	47
Land	81
Buildings & Improvements	270
Total	351
Accumulated Depreciation	$ 105
Date Acquired	2,003
Depreciation Life	40 years
Hyatt Regency Reston
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 11
Initial Costs, Buildings & Improvements	78
Subsequent Costs Capitalized	29
Land	12
Buildings & Improvements	106
Total	118
Accumulated Depreciation	$ 52
Date Acquired	1,998
Depreciation Life	40 years
Hyatt Regency San Francisco Airport
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 16
Initial Costs, Buildings & Improvements	119
Subsequent Costs Capitalized	107
Land	20
Buildings & Improvements	222
Total	242
Accumulated Depreciation	$ 91
Date Acquired	1,998
Depreciation Life	40 years
Hyatt Regency Washington on Capitol Hill
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 40
Initial Costs, Buildings & Improvements	230
Subsequent Costs Capitalized	41
Land	40
Buildings & Improvements	271
Total	311
Accumulated Depreciation	$ 91
Date Acquired	2,005
Depreciation Life	40 years
JW Marriott Atlanta Buckhead
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 16
Initial Costs, Buildings & Improvements	21
Subsequent Costs Capitalized	28
Land	16
Buildings & Improvements	49
Total	65
Accumulated Depreciation	$ 35
Date Acquired	1,990
Depreciation Life	40 years
JW Marriott Hotel Rio de Janeiro
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 13
Initial Costs, Buildings & Improvements	29
Subsequent Costs Capitalized	4
Foreign Currency Adjustment	(21)
Land	7
Buildings & Improvements	18
Total	25
Accumulated Depreciation	$ 4
Date Acquired	2,010
Depreciation Life	40 years
JW Marriott Houston
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 4
Initial Costs, Buildings & Improvements	26
Subsequent Costs Capitalized	43
Land	6
Buildings & Improvements	67
Total	73
Accumulated Depreciation	$ 38
Date Acquired	1,994
Depreciation Life	40 years
JW Marriott Mexico City
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 11
Initial Costs, Buildings & Improvements	35
Subsequent Costs Capitalized	20
Land	10
Buildings & Improvements	56
Total	66
Accumulated Depreciation	$ 48
Date Acquired	1,996
Depreciation Life	40 years
JW Marriott, Washington D.C.
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 26
Initial Costs, Buildings & Improvements	98
Subsequent Costs Capitalized	63
Land	26
Buildings & Improvements	161
Total	187
Accumulated Depreciation	$ 85
Date Acquired	2,003
Depreciation Life	40 years
Key Bridge Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 54
Initial Costs, Buildings & Improvements	38
Subsequent Costs Capitalized	36
Land	54
Buildings & Improvements	74
Total	128
Accumulated Depreciation	$ 68
Date Acquired	1,997
Depreciation Life	40 years
Philadelphia Airport Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 42
Subsequent Costs Capitalized	18
Buildings & Improvements	60
Total	60
Accumulated Depreciation	$ 33
Date Acquired	1,995
Depreciation Life	40 years
Manchester Grand Hyatt, San Diego
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 548
Subsequent Costs Capitalized	61
Buildings & Improvements	609
Total	609
Accumulated Depreciation	$ 125
Date Acquired	2,011
Depreciation Life	35 years
Residence Inn Arlington Pentagon City
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 6
Initial Costs, Buildings & Improvements	29
Subsequent Costs Capitalized	12
Land	6
Buildings & Improvements	41
Total	47
Accumulated Depreciation	$ 23
Date Acquired	1,996
Depreciation Life	40 years
Rio De Janeiro Parque Olympico Hotels
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 21
Initial Costs, Buildings & Improvements	39
Foreign Currency Adjustment	(21)
Land	12
Buildings & Improvements	27
Total	39
Accumulated Depreciation	$ 2
Date of Completion of Construction	2,014
Depreciation Life	35 years
Marina del Rey Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 13
Subsequent Costs Capitalized	34
Buildings & Improvements	47
Total	47
Accumulated Depreciation	$ 25
Date Acquired	1,995
Depreciation Life	40 years
San Antonio Marriott Rivercenter
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 86
Subsequent Costs Capitalized	85
Buildings & Improvements	171
Total	171
Accumulated Depreciation	$ 97
Date Acquired	1,996
Depreciation Life	40 years
Marriott Marquis San Diego Marina
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 202
Subsequent Costs Capitalized	376
Buildings & Improvements	578
Total	578
Accumulated Depreciation	$ 261
Date Acquired	1,996
Depreciation Life	40 years
San Antonio Marriott Riverwalk
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 45
Subsequent Costs Capitalized	32
Buildings & Improvements	77
Total	77
Accumulated Depreciation	$ 42
Date Acquired	1,995
Depreciation Life	40 years
Miami Marriott Biscayne Bay
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 27
Subsequent Costs Capitalized	39
Buildings & Improvements	66
Total	66
Accumulated Depreciation	$ 46
Date Acquired	1,998
Depreciation Life	40 years
San Francisco Marriott Fishermans Wharf
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 6
Initial Costs, Buildings & Improvements	20
Subsequent Costs Capitalized	21
Land	6
Buildings & Improvements	41
Total	47
Accumulated Depreciation	$ 28
Date Acquired	1,994
Depreciation Life	40 years
Minneapolis Marriott City Center
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 34
Initial Costs, Buildings & Improvements	27
Subsequent Costs Capitalized	44
Land	34
Buildings & Improvements	71
Total	105
Accumulated Depreciation	$ 58
Date Acquired	1,995
Depreciation Life	40 years
San Francisco Marriott Marquis
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 278
Subsequent Costs Capitalized	120
Buildings & Improvements	398
Total	398
Accumulated Depreciation	$ 265
Date Acquired	1,989
Depreciation Life	40 years
New Orleans Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 16
Initial Costs, Buildings & Improvements	96
Subsequent Costs Capitalized	133
Land	16
Buildings & Improvements	229
Total	245
Accumulated Depreciation	$ 148
Date Acquired	1,996
Depreciation Life	40 years
San Ramon Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 22
Subsequent Costs Capitalized	24
Buildings & Improvements	46
Total	46
Accumulated Depreciation	$ 26
Date Acquired	1,996
Depreciation Life	40 years
New York Marriott Downtown
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 19
Initial Costs, Buildings & Improvements	79
Subsequent Costs Capitalized	48
Land	19
Buildings & Improvements	127
Total	146
Accumulated Depreciation	$ 77
Date Acquired	1,997
Depreciation Life	40 years
Santa Clara Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 39
Subsequent Costs Capitalized	59
Buildings & Improvements	98
Total	98
Accumulated Depreciation	$ 85
Date Acquired	1,989
Depreciation Life	40 years
New York Marriott Marquis
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 49
Initial Costs, Buildings & Improvements	552
Subsequent Costs Capitalized	224
Land	49
Buildings & Improvements	776
Total	825
Accumulated Depreciation	$ 576
Date Acquired	1,986
Depreciation Life	40 years
Scottsdale Marriott at McDowell Mountains
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 8
Initial Costs, Buildings & Improvements	48
Subsequent Costs Capitalized	7
Land	8
Buildings & Improvements	55
Total	63
Accumulated Depreciation	$ 19
Date Acquired	2,004
Depreciation Life	40 years
Scottsdale Marriott Suites Old Town
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 3
Initial Costs, Buildings & Improvements	20
Subsequent Costs Capitalized	11
Land	3
Buildings & Improvements	31
Total	34
Accumulated Depreciation	$ 18
Date Acquired	1,996
Depreciation Life	40 years
Newark Liberty International Airport Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 30
Subsequent Costs Capitalized	47
Buildings & Improvements	77
Total	77
Accumulated Depreciation	$ 45
Date Acquired	1,984
Depreciation Life	40 years
Sheraton Boston Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 42
Initial Costs, Buildings & Improvements	262
Subsequent Costs Capitalized	68
Land	42
Buildings & Improvements	330
Total	372
Accumulated Depreciation	$ 111
Date Acquired	2,006
Depreciation Life	40 years
Newport Beach Marriott Bayview
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 6
Initial Costs, Buildings & Improvements	14
Subsequent Costs Capitalized	12
Land	6
Buildings & Improvements	26
Total	32
Accumulated Depreciation	$ 16
Date Acquired	1,988
Depreciation Life	40 years
Sheraton Indianapolis Hotel at Keystone Crossing
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 3
Initial Costs, Buildings & Improvements	51
Subsequent Costs Capitalized	33
Land	8
Buildings & Improvements	79
Total	87
Accumulated Depreciation	$ 29
Date Acquired	2,006
Depreciation Life	40 years
Newport Beach Marriott Hotel & Spa
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 11
Initial Costs, Buildings & Improvements	13
Subsequent Costs Capitalized	116
Land	8
Buildings & Improvements	132
Total	140
Accumulated Depreciation	$ 83
Date Acquired	1,988
Depreciation Life	40 years
Sheraton Memphis Downtown Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 16
Subsequent Costs Capitalized	50
Buildings & Improvements	66
Total	66
Accumulated Depreciation	$ 35
Date Acquired	1,998
Depreciation Life	40 years
Orlando World Center Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 18
Initial Costs, Buildings & Improvements	157
Subsequent Costs Capitalized	378
Land	29
Buildings & Improvements	524
Total	553
Accumulated Depreciation	$ 268
Date Acquired	1,997
Depreciation Life	40 years
Sheraton New York Times Square Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 346
Initial Costs, Buildings & Improvements	409
Subsequent Costs Capitalized	203
Land	346
Buildings & Improvements	612
Total	958
Accumulated Depreciation	$ 215
Date Acquired	2,006
Depreciation Life	40 years
Sheraton Parsippany Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 8
Initial Costs, Buildings & Improvements	30
Subsequent Costs Capitalized	19
Land	8
Buildings & Improvements	49
Total	57
Accumulated Depreciation	$ 20
Date Acquired	2,006
Depreciation Life	40 years
Sheraton San Diego Hotel Marina
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 328
Subsequent Costs Capitalized	38
Buildings & Improvements	366
Total	366
Accumulated Depreciation	$ 111
Date Acquired	2,006
Depreciation Life	40 years
Swissotel Chicago
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 29
Initial Costs, Buildings & Improvements	132
Subsequent Costs Capitalized	83
Land	29
Buildings & Improvements	215
Total	244
Accumulated Depreciation	$ 95
Date Acquired	1,998
Depreciation Life	40 years
Tampa Airport Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 9
Subsequent Costs Capitalized	25
Buildings & Improvements	34
Total	34
Accumulated Depreciation	$ 28
Date Acquired	1,971
Depreciation Life	40 years
The Camby Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 10
Initial Costs, Buildings & Improvements	63
Subsequent Costs Capitalized	28
Land	10
Buildings & Improvements	91
Total	101
Accumulated Depreciation	$ 40
Date Acquired	1,998
Depreciation Life	40 years
The Fairmont Kea Lani Maui
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 55
Initial Costs, Buildings & Improvements	294
Subsequent Costs Capitalized	64
Land	55
Buildings & Improvements	358
Total	413
Accumulated Depreciation	$ 124
Date Acquired	2,004
Depreciation Life	40 years
The Logan
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 26
Initial Costs, Buildings & Improvements	60
Subsequent Costs Capitalized	68
Land	27
Buildings & Improvements	127
Total	154
Accumulated Depreciation	$ 49
Date Acquired	1,998
Depreciation Life	40 years
Ritz Carlton Naples
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 19
Initial Costs, Buildings & Improvements	126
Subsequent Costs Capitalized	138
Land	21
Buildings & Improvements	262
Total	283
Accumulated Depreciation	$ 156
Date Acquired	1,996
Depreciation Life	40 years
Ritz Carlton Naples Golf Resort
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 22
Initial Costs, Buildings & Improvements	10
Subsequent Costs Capitalized	74
Land	22
Buildings & Improvements	84
Total	106
Accumulated Depreciation	$ 30
Date of Completion of Construction	2,002
Depreciation Life	40 years
Ritz Carlton Tysons Corner
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 89
Subsequent Costs Capitalized	32
Buildings & Improvements	121
Total	121
Accumulated Depreciation	$ 59
Date Acquired	1,998
Depreciation Life	40 years
St Regis Houston
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 6
Initial Costs, Buildings & Improvements	33
Subsequent Costs Capitalized	20
Land	6
Buildings & Improvements	53
Total	59
Accumulated Depreciation	$ 23
Date Acquired	2,006
Depreciation Life	40 years
The Westin Buckhead Atlanta
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 5
Initial Costs, Buildings & Improvements	84
Subsequent Costs Capitalized	34
Land	6
Buildings & Improvements	117
Total	123
Accumulated Depreciation	$ 56
Date Acquired	1,998
Depreciation Life	40 years
Westin Chicago River North
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 33
Initial Costs, Buildings & Improvements	116
Subsequent Costs Capitalized	12
Land	33
Buildings & Improvements	128
Total	161
Accumulated Depreciation	$ 22
Date Acquired	2,010
Depreciation Life	40 years
Westin Cincinnati
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 54
Subsequent Costs Capitalized	18
Buildings & Improvements	72
Total	72
Accumulated Depreciation	$ 26
Date Acquired	2,006
Depreciation Life	40 years
Westin Denver Downtown
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 89
Subsequent Costs Capitalized	19
Buildings & Improvements	108
Total	108
Accumulated Depreciation	$ 34
Date Acquired	2,006
Depreciation Life	40 years
Westin Georgetown Washington D C
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 16
Initial Costs, Buildings & Improvements	80
Subsequent Costs Capitalized	15
Land	16
Buildings & Improvements	95
Total	111
Accumulated Depreciation	$ 33
Date Acquired	2,006
Depreciation Life	40 years
Westin Indianapolis
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 12
Initial Costs, Buildings & Improvements	100
Subsequent Costs Capitalized	17
Land	12
Buildings & Improvements	117
Total	129
Accumulated Depreciation	$ 36
Date Acquired	2,006
Depreciation Life	40 years
Westin Kierland Resort Spa
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 100
Initial Costs, Buildings & Improvements	280
Subsequent Costs Capitalized	25
Land	100
Buildings & Improvements	305
Total	405
Accumulated Depreciation	$ 83
Date Acquired	2,006
Depreciation Life	40 years
Westin Los Angeles Airport
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 102
Subsequent Costs Capitalized	19
Buildings & Improvements	121
Total	121
Accumulated Depreciation	$ 40
Date Acquired	2,006
Depreciation Life	40 years
Westin Mission Hills Resort Spa
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 40
Initial Costs, Buildings & Improvements	47
Subsequent Costs Capitalized	(39)
Land	13
Buildings & Improvements	35
Total	48
Accumulated Depreciation	$ 23
Date Acquired	2,006
Depreciation Life	40 years
Westin New York Grand Central
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 156
Initial Costs, Buildings & Improvements	152
Subsequent Costs Capitalized	80
Land	156
Buildings & Improvements	232
Total	388
Accumulated Depreciation	$ 82
Date Acquired	2,011
Depreciation Life	40 years
Westin Seattle
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 39
Initial Costs, Buildings & Improvements	175
Subsequent Costs Capitalized	33
Land	39
Buildings & Improvements	208
Total	247
Accumulated Depreciation	$ 62
Date Acquired	2,006
Depreciation Life	40 years
Westin South Coast Plaza Costa Mesa
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 46
Subsequent Costs Capitalized	24
Buildings & Improvements	70
Total	70
Accumulated Depreciation	$ 37
Date Acquired	2,006
Depreciation Life	40 years
Westin Waltham Boston
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 9
Initial Costs, Buildings & Improvements	59
Subsequent Costs Capitalized	18
Land	9
Buildings & Improvements	77
Total	86
Accumulated Depreciation	$ 26
Date Acquired	2,006
Depreciation Life	40 years
Toronto Marriott Downtown Eaton Centre Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 27
Subsequent Costs Capitalized	29
Buildings & Improvements	56
Total	56
Accumulated Depreciation	$ 32
Date Acquired	1,995
Depreciation Life	40 years
The Phoenician Hotel
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 72
Initial Costs, Buildings & Improvements	307
Subsequent Costs Capitalized	27
Land	72
Buildings & Improvements	334
Total	406
Accumulated Depreciation	$ 19
Date Acquired	2,015
Depreciation Life	32 years
W New York
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 138
Initial Costs, Buildings & Improvements	102
Subsequent Costs Capitalized	72
Land	138
Buildings & Improvements	174
Total	312
Accumulated Depreciation	$ 72
Date Acquired	2,006
Depreciation Life	40 years
The Ritz Carlton Amelia Island
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 25
Initial Costs, Buildings & Improvements	115
Subsequent Costs Capitalized	81
Land	25
Buildings & Improvements	196
Total	221
Accumulated Depreciation	$ 100
Date Acquired	1,998
Depreciation Life	40 years
W New York Union Square
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 48
Initial Costs, Buildings & Improvements	145
Subsequent Costs Capitalized	12
Land	48
Buildings & Improvements	157
Total	205
Accumulated Depreciation	$ 29
Date Acquired	2,010
Depreciation Life	40 years
The Ritz Carlton Buckhead
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 14
Initial Costs, Buildings & Improvements	81
Subsequent Costs Capitalized	65
Land	15
Buildings & Improvements	145
Total	160
Accumulated Depreciation	$ 89
Date Acquired	1,996
Depreciation Life	40 years
W Seattle
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 11
Initial Costs, Buildings & Improvements	125
Subsequent Costs Capitalized	11
Land	11
Buildings & Improvements	136
Total	147
Accumulated Depreciation	$ 37
Date Acquired	2,006
Depreciation Life	40 years
The Ritz Carlton Marina Del Rey
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 52
Subsequent Costs Capitalized	34
Buildings & Improvements	86
Total	86
Accumulated Depreciation	$ 51
Date Acquired	1,997
Depreciation Life	40 years
Washington Dulles Airport Marriott
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Buildings & Improvements	$ 3
Subsequent Costs Capitalized	41
Buildings & Improvements	44
Total	44
Accumulated Depreciation	$ 37
Date Acquired	1,970
Depreciation Life	40 years
Washington Marriott At Metro Center
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 20
Initial Costs, Buildings & Improvements	24
Subsequent Costs Capitalized	28
Land	20
Buildings & Improvements	52
Total	72
Accumulated Depreciation	$ 34
Date Acquired	1,994
Depreciation Life	40 years
Westfields Marriott Washington Dulles
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 7
Initial Costs, Buildings & Improvements	32
Subsequent Costs Capitalized	18
Land	7
Buildings & Improvements	50
Total	57
Accumulated Depreciation	$ 32
Date Acquired	1,994
Depreciation Life	40 years
YVE Hotel Miami
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 15
Initial Costs, Buildings & Improvements	41
Subsequent Costs Capitalized	1
Land	15
Buildings & Improvements	42
Total	57
Accumulated Depreciation	$ 4
Date Acquired	2,014
Depreciation Life	33 years
Total Hotels
Real Estate And Accumulated Depreciation [Line Items]
Initial Costs, Land	$ 2,071
Initial Costs, Buildings & Improvements	8,955
Subsequent Costs Capitalized	4,579
Foreign Currency Adjustment	(92)
Land	2,043
Buildings & Improvements	13,470
Total	15,513
Accumulated Depreciation	5,941
Total Hotels | Mortgages debt and other
Real Estate And Accumulated Depreciation [Line Items]
Debt	$ 62

Real Estate and Accumulated D97

Real Estate and Accumulated Depreciation (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)
Real Estate And Accumulated Depreciation [Line Items]
Cost of real estate for federal income tax purposes	$ 10,561
Upper Limit
Real Estate And Accumulated Depreciation [Line Items]
Other properties, percentage	5.00%

Reconciliation of Carrying Amou

Reconciliation of Carrying Amounts of Real Estate Investments (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Beginning Balance	$ 15,516	$ 15,160	$ 15,245
Additions:
Acquisitions	58	419	137
Capital expenditures and transfers from construction-in-progress	510	383	285
Deductions:
Dispositions and other	(331)	(368)	(501)
Impairments			(6)
Assets held for sale	(223)	(78)
Ending Balance	$ 15,530	$ 15,516	$ 15,160

Change in Accumulated Depreciat

Change in Accumulated Depreciation and Amortization of Real Estate Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Real Estate And Accumulated Depreciation Other Required Disclosures [Abstract]
Beginning Balance	$ 5,666	$ 5,283	$ 4,962
Depreciation and amortization	572	558	540
Dispositions and other	(159)	(148)	(219)
Depreciation on assets held for sale	(130)	(27)
Ending Balance	$ 5,949	$ 5,666	$ 5,283