Attached files
| file | filename |
|---|---|
| EX-32.1 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q22018exhibit321_ceoxcerti.htm |
| 10-Q - 10-Q - Hilton Worldwide Holdings Inc. | q22018hwhfsandmda.htm |
| EX-99.1 - SECTION 13(R) DISCLOSURES - Hilton Worldwide Holdings Inc. | q22018exhibit991_13riranex.htm |
| EX-32.2 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q22018exhibit322_cfoxcerti.htm |
| EX-31.2 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q22018exhibit312_cfoxcerti.htm |
| EX-31.1 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q22018exhibit311_ceoxcerti.htm |
Exhibit 12
HILTON WORLDWIDE HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
(unaudited)
Six Months Ended | |||||||
June 30, | |||||||
2018 | 2017 | ||||||
Earnings: | |||||||
Income before income taxes | $ | 519 | $ | 316 | |||
Equity in earnings from unconsolidated affiliates | — | (1 | ) | ||||
519 | 315 | ||||||
Add: | |||||||
Fixed charges | 233 | 229 | |||||
Distributed income of equity method investees | 4 | 3 | |||||
Subtract: | |||||||
Interest capitalized | (1 | ) | — | ||||
Earnings available for fixed charges | $ | 755 | $ | 547 | |||
Fixed Charges: | |||||||
Interest expense(1) | $ | 178 | $ | 175 | |||
Interest capitalized | 1 | — | |||||
Estimated interest included in rent expense | 54 | 54 | |||||
Total Fixed Charges | $ | 233 | $ | 229 | |||
Ratio of Earnings to Fixed Charges | 3.2 | 2.4 | |||||
____________
(1) Includes the amortization of debt discount and capitalized expenses related to indebtedness.