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.