Attached files
| file | filename |
|---|---|
| EX-32.2 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32018exhibit322cfocertifi.htm |
| EX-32.1 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32018exhibit321ceocertifi.htm |
| EX-31.2 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32018exhibit312cfocertifi.htm |
| EX-31.1 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q32018exhibit311ceocertifc.htm |
| EX-10.1 - 2019 EXECUTIVE SEVERANCE PLAN - Hilton Worldwide Holdings Inc. | a101hilton2019severancepla.htm |
| 10-Q - 10-Q - Hilton Worldwide Holdings Inc. | q32018hwhfsandmda.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, | |||||||
2018 | 2017 | ||||||
Earnings: | |||||||
Income before income taxes | $ | 812 | $ | 572 | |||
Equity in earnings from unconsolidated affiliates | (2 | ) | (2 | ) | |||
810 | 570 | ||||||
Add: | |||||||
Fixed charges | 359 | 348 | |||||
Distributed income of equity method investees | 4 | 1 | |||||
Subtract: | |||||||
Interest capitalized | (1 | ) | (1 | ) | |||
Earnings available for fixed charges | $ | 1,172 | $ | 918 | |||
Fixed Charges: | |||||||
Interest expense(1) | $ | 277 | $ | 260 | |||
Interest capitalized | 1 | 1 | |||||
Estimated interest included in rent expense | 81 | 87 | |||||
Total Fixed Charges | $ | 359 | $ | 348 | |||
Ratio of Earnings to Fixed Charges | 3.3 | 2.6 | |||||
____________
(1) Includes the amortization of debt discount and capitalized expenses related to indebtedness.