Attached files
| file | filename |
|---|---|
| EX-10.2 - RESTRICTED STOCK UNIT AGREEMENT - Hilton Worldwide Holdings Inc. | finalhilton-2018rsuagreeme.htm |
| EX-31.2 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12018exhibit312_cfoxcerti.htm |
| 10-Q - 10-Q - Hilton Worldwide Holdings Inc. | q12018hwhfsandmda.htm |
| EX-32.1 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12018exhibit321_ceoxcerti.htm |
| EX-31.1 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12018exhibit311_ceoxcerti.htm |
| EX-10.1 - PERFORMANCE SHARE AGREEMENT - Hilton Worldwide Holdings Inc. | finalhilton-2018performanc.htm |
| EX-10.3 - NONQUALIFIED STOCK OPTION AGREEMENT - Hilton Worldwide Holdings Inc. | hilton-2018nqstockoptionag.htm |
| EX-32.2 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12018exhibit322_cfoxcerti.htm |
Exhibit 12
HILTON WORLDWIDE HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
(unaudited)
Three Months Ended | |||||||
March 31, | |||||||
2018 | 2017 | ||||||
Earnings: | |||||||
Income before income taxes | $ | 221 | $ | 66 | |||
Equity in earnings from unconsolidated affiliates | (1 | ) | (1 | ) | |||
220 | 65 | ||||||
Add: | |||||||
Fixed charges | 107 | 111 | |||||
Distributed income of equity method investees | — | 1 | |||||
Earnings available for fixed charges | $ | 327 | $ | 177 | |||
Fixed Charges: | |||||||
Interest expense(1) | $ | 83 | $ | 89 | |||
Estimated interest included in rent expense | 24 | 22 | |||||
Total Fixed Charges | $ | 107 | $ | 111 | |||
Ratio of Earnings to Fixed Charges | 3.1 | 1.6 | |||||
____________
(1) Includes the amortization of debt discount and capitalized expenses related to indebtedness.