Attached files
| file | filename |
|---|---|
| EX-31.2 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12016exhibit312_cfoxcerti.htm |
| EX-31.1 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12016exhibit311_ceoxcerti.htm |
| EX-32.2 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12016exhibit322_cfoxcerti.htm |
| EX-32.1 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc. | q12016exhibit321_ceoxcerti.htm |
| EX-10.2 - RESTRICTED STOCK UNIT AGREEMENT - Hilton Worldwide Holdings Inc. | exhibit102-formof2016restr.htm |
| EX-10.1 - PERFORMANCE SHARE AGREEMENT - Hilton Worldwide Holdings Inc. | exhibit101-formof2016perfo.htm |
| 10-Q - 10-Q - Hilton Worldwide Holdings Inc. | q12016hwhfsandmda.htm |
HILTON WORLDWIDE HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
(unaudited)
Three Months Ended | |||||||
March 31, | |||||||
2016 | 2015 | ||||||
Earnings: | |||||||
Income before taxes | $ | 264 | $ | 313 | |||
Equity in earnings from unconsolidated affiliates | (3 | ) | (4 | ) | |||
261 | 309 | ||||||
Add: | |||||||
Fixed charges | 169 | 175 | |||||
Distributed income of equity method investees | 5 | 12 | |||||
Subtract: | |||||||
Interest capitalized | (1 | ) | (1 | ) | |||
Earnings available for fixed charges | $ | 434 | $ | 495 | |||
Fixed Charges: | |||||||
Interest expense(1) | $ | 139 | $ | 144 | |||
Interest capitalized | 1 | 1 | |||||
Estimated interest included in rent expense | 29 | 30 | |||||
Total Fixed Charges | $ | 169 | $ | 175 | |||
Ratio of Earnings to Fixed Charges | 2.6 | 2.8 | |||||
____________
(1) Includes the amortization of debt discounts, premiums and capitalized expenses related to indebtedness.