Attached files
| file | filename |
|---|---|
| 10-Q - 10-Q - Hilton Worldwide Holdings Inc. | q32017hwhfsandmda-10q.htm |
| EX-32.2 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32017exhibit322_cfoxcerti.htm |
| EX-32.1 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32017exhibit321_ceoxcerti.htm |
| EX-31.2 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32017exhibit312_cfoxcerti.htm |
| EX-31.1 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32017exhibit311_ceoxcerti.htm |
Exhibit 12
HILTON WORLDWIDE HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
(unaudited)
Nine Months Ended | |||||||
September 30, | |||||||
2017 | 2016 | ||||||
Earnings: | |||||||
Income from continuing operations before income taxes | $ | 674 | $ | 391 | |||
Equity in earnings from unconsolidated affiliates | (2 | ) | (3 | ) | |||
672 | 388 | ||||||
Add: | |||||||
Fixed charges | 392 | 368 | |||||
Distributed income of equity method investees | 1 | 2 | |||||
Subtract: | |||||||
Interest capitalized | (1 | ) | (1 | ) | |||
Earnings available for fixed charges | $ | 1,064 | $ | 757 | |||
Fixed Charges: | |||||||
Interest expense(1) | $ | 304 | $ | 286 | |||
Interest capitalized | 1 | 1 | |||||
Estimated interest included in rent expense | 87 | 81 | |||||
Total Fixed Charges | $ | 392 | $ | 368 | |||
Ratio of Earnings to Fixed Charges | 2.7 | 2.1 | |||||
____________
(1) Includes the amortization of debt discounts and capitalized expenses related to indebtedness.