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Summary of Significant Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2024
Accounting Policies [Abstract] |
Summary of Consolidated Portfolio of Hotels by Countries | As of December 31, 2024, the hotels in our consolidated portfolio are in the following countries:
| Hotels
United States | 76
Brazil | 3
Canada | 2
Total | 81
Summary of Historical Cost and Redemption Values for the Non-Controlling Interests | The table below details the historical cost and redemption values for the non-controlling interests of Host L.P.:
|  | As of December 31,
|  | 2024 |  | 2023
Common OP units outstanding (millions) |  | 9.2 |  |  | 9.5 |
Market price per Host Inc. common share |  | $ | 17.52 |  |  | $ | 19.47 |
Shares issuable upon conversion of one common OP unit |  | 1.021494 |  | 1.021494
Redemption value (millions) |  | $ | 165 |  |  | $ | 189 |
Historical cost (millions) |  | 90 |  |  | 93 |
Book value (millions) ⁽¹⁾ |  | 165 |  |  | 189 |
_____ (1)The book value recorded is equal to the greater of the redemption value or the historical cost.
Summary of Components of Total Accumulated Other Comprehensive Loss in the Balance Sheets | The components of total accumulated other comprehensive loss in the balance sheets are as follows (in millions):
|  | As of December 31,
|  | 2024 |  | 2023
Gain on foreign currency forward contracts |  | $ | 6 |  |  | $ | 3 |
Loss on interest rate swap cash flow hedges |  | — |  |  | (1) |
Foreign currency translation |  | (90) |  |  | (73) |
Other comprehensive loss attributable to non-controlling interests |  | 1 |  |  | 1 |
Total accumulated other comprehensive loss |  | $ | (83) |  |  | $ | (70) |
Summary of Earnings Per Common Share (Unit) | The calculation of Host Inc. basic and diluted earnings per common share is shown below (in millions, except per share amounts):
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Net income | $ | 707 |  |  | $ | 752 |  |  | $ | 643 |
Less: Net income attributable to non-controlling interests | (10) |  |  | (12) |  |  | (10) |
Net income attributable to Host Hotels & Resorts, Inc. | $ | 697 |  |  | $ | 740 |  |  | $ | 633 |
Basic weighted average shares outstanding | 702.1 |  |  | 709.7 |  |  | 714.7 |
Assuming distribution of common shares granted under the comprehensive stock plans, less shares assumed purchased at market | 1.9 |  |  | 3.1 |  |  | 2.8 |
Diluted weighted average shares outstanding | 704.0 |  |  | 712.8 |  |  | 717.5 |
Basic earnings per common share | $ | 0.99 |  |  | $ | 1.04 |  |  | $ | 0.89 |
Diluted earnings per common share | $ | 0.99 |  |  | $ | 1.04 |  |  | $ | 0.88 |
The calculation of Host L.P. basic and diluted earnings per common unit is shown below (in millions, except per unit amounts):
| Year ended December 31,
| 2024 |  | 2023 |  | 2022
Net income | $ | 707 |  |  | $ | 752 |  |  | $ | 643 |
Less: Net income attributable to non-controlling interests | (1) |  |  | (1) |  |  | (1) |
Net income attributable to Host Hotels & Resorts, L.P. | $ | 706 |  |  | $ | 751 |  |  | $ | 642 |
Basic weighted average units outstanding | 696.7 |  |  | 704.5 |  |  | 709.7 |
Assuming distribution of common units granted under the comprehensive stock plans, less units assumed purchased at market | 1.9 |  |  | 3.0 |  |  | 2.7 |
Diluted weighted average units outstanding | 698.6 |  |  | 707.5 |  |  | 712.4 |
Basic earnings per common unit | $ | 1.01 |  |  | $ | 1.07 |  |  | $ | 0.91 |
Diluted earnings per common unit | $ | 1.01 |  |  | $ | 1.06 |  |  | $ | 0.90 |

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