Attached files
file | filename |
---|---|
EX-32.2 - EX-32.2 - HOST HOTELS & RESORTS, INC. | hst-ex322_13.htm |
EX-32.1 - EX-32.1 - HOST HOTELS & RESORTS, INC. | hst-ex321_8.htm |
EX-31.4 - EX-31.4 - HOST HOTELS & RESORTS, INC. | hst-ex314_7.htm |
EX-31.3 - EX-31.3 - HOST HOTELS & RESORTS, INC. | hst-ex313_11.htm |
EX-31.2 - EX-31.2 - HOST HOTELS & RESORTS, INC. | hst-ex312_6.htm |
EX-31.1 - EX-31.1 - HOST HOTELS & RESORTS, INC. | hst-ex311_14.htm |
EX-12.2 - EX-12.2 - HOST HOTELS & RESORTS, INC. | hst-ex122_9.htm |
10-Q - 10-Q - HOST HOTELS & RESORTS, INC. | hst-10q_20170630.htm |
Exhibit 12.1
HOST HOTELS & RESORTS, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
|
|
Year-to-date ended June 30, |
|
|||||
|
|
2017 |
|
|
2016 |
|
||
Income from continuing operations before income taxes |
|
$ |
394 |
|
|
$ |
558 |
|
Add (deduct): |
|
|
|
|
|
|
|
|
Fixed charges |
|
|
96 |
|
|
|
93 |
|
Capitalized interest |
|
|
— |
|
|
|
(2 |
) |
Amortization of capitalized interest |
|
|
4 |
|
|
|
4 |
|
Equity in earnings related to equity method investees |
|
|
(15 |
) |
|
|
(11 |
) |
Distributions from investments in affiliates |
|
|
13 |
|
|
|
18 |
|
Adjusted earnings |
|
$ |
492 |
|
|
$ |
660 |
|
Fixed charges: |
|
|
|
|
|
|
|
|
Interest on indebtedness and amortization of deferred financing costs |
|
$ |
82 |
|
|
$ |
78 |
|
Capitalized interest |
|
|
— |
|
|
|
2 |
|
Portion of rents representative of the interest factor |
|
|
14 |
|
|
|
13 |
|
Total fixed charges |
|
$ |
96 |
|
|
$ |
93 |
|
Ratio of earnings to fixed charges |
|
|
5.1 |
|
|
|
7.1 |
|