Attached files

file filename
EX-10.2 - FORM OF DEFERRED SHARE UNIT AGREEMENT - Hilton Worldwide Holdings Inc.q22017exhibit102-formofdef.htm
EX-32.1 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc.q22017exhibit321_ceoxcerti.htm
EX-32.2 - SECTION 906 CERTIFICATION - Hilton Worldwide Holdings Inc.q22017exhibit322_cfoxcerti.htm
EX-31.2 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc.q22017exhibit312_cfoxcerti.htm
EX-31.1 - SECTION 302 CERTIFICATION - Hilton Worldwide Holdings Inc.q22017exhibit311_ceoxcerti.htm
10-Q - 10-Q - Hilton Worldwide Holdings Inc.q22017hwhfsandmda-10q.htm


Exhibit 12

HILTON WORLDWIDE HOLDINGS INC.
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(in millions, except ratio amounts)
(unaudited)

 
Six Months Ended
 
June 30,
 
2017
 
2016
Earnings:
 
 
 
Income from continuing operations before income taxes
$
385

 
$
233

Equity in earnings from unconsolidated affiliates
(1
)
 
(1
)
 
384

 
232

Add:
 
 
 
Fixed charges
258

 
243

Distributed income of equity method investees
1

 
2

Earnings available for fixed charges
$
643

 
$
477

 
 
 
 
Fixed Charges:
 
 
 
Interest expense(1)
$
204

 
$
189

Estimated interest included in rent expense
54

 
54

Total Fixed Charges
$
258

 
$
243

 
 
 
 
Ratio of Earnings to Fixed Charges
2.5

 
2.0

____________
(1)    Includes the amortization of debt discounts and capitalized expenses related to indebtedness.