Attached files
file | filename |
---|---|
EX-32.1 - EX-32.1 - HOST HOTELS & RESORTS, INC. | hst-ex321_9.htm |
EX-31.2 - EX-31.2 - HOST HOTELS & RESORTS, INC. | hst-ex312_7.htm |
EX-12.2 - EX-12.2 - HOST HOTELS & RESORTS, INC. | hst-ex122_8.htm |
EX-31.3 - EX-31.3 - HOST HOTELS & RESORTS, INC. | hst-ex313_6.htm |
EX-31.1 - EX-31.1 - HOST HOTELS & RESORTS, INC. | hst-ex311_12.htm |
EX-32.2 - EX-32.2 - HOST HOTELS & RESORTS, INC. | hst-ex322_11.htm |
EX-31.4 - EX-31.4 - HOST HOTELS & RESORTS, INC. | hst-ex314_13.htm |
10-Q - 10-Q - HOST HOTELS & RESORTS, INC. | hst-10q_20150930.htm |
Exhibit 12.1
HOST HOTELS & RESORTS, INC. AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
|
|
Year-to-date ended September 30, |
|
|||||
|
|
2015 |
|
|
2014 |
|
||
Income from continuing operations before income taxes |
|
$ |
418 |
|
|
$ |
506 |
|
Add (deduct): |
|
|
|
|
|
|
|
|
Fixed charges |
|
|
196 |
|
|
|
189 |
|
Capitalized interest |
|
|
(3 |
) |
|
|
(5 |
) |
Amortization of capitalized interest |
|
|
5 |
|
|
|
8 |
|
Equity in (earnings) losses related to equity method investees |
|
|
(27 |
) |
|
|
4 |
|
Distributions from equity investments |
|
|
9 |
|
|
|
— |
|
Adjusted earnings |
|
$ |
598 |
|
|
$ |
702 |
|
Fixed charges: |
|
|
|
|
|
|
|
|
Interest on indebtedness and amortization of deferred financing costs |
|
$ |
173 |
|
|
$ |
164 |
|
Capitalized interest |
|
|
3 |
|
|
|
5 |
|
Portion of rents representative of the interest factor |
|
|
20 |
|
|
|
20 |
|
Total fixed charges |
|
$ |
196 |
|
|
$ |
189 |
|
Ratio of earnings to fixed charges |
|
|
3.1 |
|
|
|
3.7 |
|