Hilton Worldwide Holdings Inc. (HLT) financial statements (2021 and earlier)

Company profile

Business Address 7930 JONES BRANCH DRIVE, SUITE 1100
MCLEAN, VA 22102
State of Incorp. DE
Fiscal Year End December 31
SIC 7011 - Hotels and Motels (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3,2185384035701,418609566
Cash and cash equivalents3,2185384035701,418609566
Restricted cash and investments459281100266247202
Receivables7711,2611,1701,0341,1561,0471,042
Inventory, net of allowances, customer advances and progress billings    541442404
Inventory    541442404
Prepaid expense70130160111137147133
Disposal group, including discontinued operation      42
Other current assets9872169171393870
Other undisclosed current assets     5540
Total current assets:4,2022,0931,9831,9863,5572,5852,499
Noncurrent Assets
Finance lease, right-of-use asset4052✕✕✕✕✕
Operating lease, right-of-use asset772867✕✕✕✕✕
Property, plant and equipment3463803673538,9309,1197,483
Long-term investments and receivables    1,077730586
Long-term investments    114138170
Accounts and financing receivable, after allowance for credit loss    963592416
Intangible assets, net (including goodwill)10,65211,23711,3166,5327,3487,6228,134
Goodwill5,0955,1595,1605,1905,8225,8876,154
Intangible assets, net (excluding goodwill)5,5576,0786,1561,3421,5261,7351,980
Deferred income tax assets194 ✕✕✕✕✕
Other noncurrent assets323280239434334368356
Other undisclosed noncurrent assets22648905,0034,9655,2927,067
Total noncurrent assets:12,55312,86412,01212,32222,65423,13123,626
TOTAL ASSETS:16,75514,95713,99514,30826,21125,71626,125
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,3021,7031,5302,1502,4532,2062,099
Accounts payable224303283282381331299
Accrued liabilities436618516480563539505
Employee-related liabilities404554532502584475475
Taxes payable  1912603321
Other undisclosed accounts payable and accrued liabilities238228180874865828799
Deferred revenue370332✕✕✕✕✕
Debt563716469811110
Deferred compensation liability121615 16  
Disposal group, including discontinued operation      36
Self insurance reserve      82
Deferred revenue and credits✕✕✕   501
Other undisclosed current liabilities6917831,05412117150(471)
Total current liabilities:2,4312,8712,6152,2082,6842,4672,257
Noncurrent Liabilities
Long-term debt and lease obligation, including:10,4317,9567,2666,55610,0209,71010,803
Long-term debt, excluding current maturities    621  
Finance lease, liability196208✕✕✕✕✕
Operating lease, liability9711,037✕✕✕✕✕
Other undisclosed long-term debt and lease obligation9,2646,7117,2666,5569,3999,71010,803
Liabilities, other than long-term debt1,9931,7101,7613,4697,0376,9798,262
Deferred revenue and credits✕✕✕9369531,0671,215
Accounts payable and accrued liabilities      273
Deferred revenue1,004827✕✕✕✕✕
Deferred compensation liability, classified      103
Deferred tax liabilities, net✕✕8981,0634,5754,6305,216
Liability, pension and other postretirement and postemployment benefits      204
Other liabilities9898838631,4701,5091,2821,168
Self insurance reserve      83
Other undisclosed noncurrent liabilities3,3862,8921,795 62160989
Total noncurrent liabilities:15,81012,55810,82210,02517,67817,29819,154
Total liabilities:18,24115,42913,43712,23320,36219,76521,411
Stockholders' equity
Stockholders' equity attributable to parent, including:(1,490)(482)5512,0725,8995,9854,752
Common stock    101010
Treasury stock, value(4,453)(4,169)(2,625)(891)   
Additional paid in capital10,55210,48910,37210,29810,21310,15110,028
Accumulated other comprehensive loss(860)(840)(782)(742)(1,001)(784)(628)
Accumulated deficit(6,732)(5,965)(6,417)(6,596)(3,323)(3,392)(4,658)
Other undisclosed stockholders' equity attributable to parent3333   
Stockholders' equity attributable to noncontrolling interest41073(50)(34)(38)
Total stockholders' equity:(1,486)(472)5582,0755,8495,9514,714
TOTAL LIABILITIES AND EQUITY:16,75514,95713,99514,30826,21125,71626,125

Income statement (P&L) ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues4,3079,4528,9069,14011,66311,27210,502
Revenue, net✕✕✕9,1409,9629,6719,101
Cost of revenue(3,784)(7,170)(6,950)(6,987)(8,503)(8,501)(7,744)
Cost of goods and services sold   (6,931)(8,494)(8,195)(7,710)
Gross profit:5232,2821,9562,1533,1602,7712,758
Operating expenses(941)(706)(524)(781)(1,308)(1,006)(1,106)
Other operating expense, net
(Other Expenses)		(60)(72)(51)(56)   
Other undisclosed operating income601535156930621
Operating income (loss):(418)1,6571,4321,3721,8612,0711,673
Nonoperating income (expense)(29)11726(27)(23)73
Investment income, nonoperating    121910
Foreign currency transaction gain (loss), before tax(27)(2)(11)3(13)(41)26
Other nonoperating income (expense)(2)32823(26)(1)37
Interest and debt expense(429)(414)(371)(468)(587)(575)(618)
Income (loss) from continuing operations before equity method investments, income taxes:(876)1,2441,0789301,2471,4731,128
Income from equity method investments    82319
Other undisclosed loss from continuing operations before income taxes(48)      
Income (loss) from continuing operations before income taxes:(924)1,2441,0789301,2551,4961,147
Income tax expense (benefit)(204)358309334(891)(80)(465)
Other undisclosed loss from continuing operations  (618)    
Income (loss) before gain (loss) on sale of properties:(1,128)1,6027691,2643641,416682
Other undisclosed net income (loss)408(716)     
Net income (loss):(720)8867691,2643641,416682
Net income (loss) attributable to noncontrolling interest(5)55(5)(16)(12)(9)
Other undisclosed net income (loss) attributable to parent10(10)(10)    
Net income (loss) available to common stockholders, diluted:(715)8817641,2593481,404673

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income (loss):(720)8867691,2643641,416682
Other comprehensive income (loss)(20)(58)(57)196(218)(156)(353)
Comprehensive income (loss):(740)8287121,4601461,260329
Comprehensive income (loss), net of tax, attributable to noncontrolling interest5(5)5(5)(15)(12)(14)
Other undisclosed comprehensive loss, net of tax, attributable to parent  (10)    
Comprehensive income (loss), net of tax, attributable to parent:(735)8237071,4551311,248315

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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