Hilton Worldwide Holdings Inc. (HLT) financial statements (2022 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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,4273,2185384035701,418609
Cash and cash equivalents1,4273,2185384035701,418609
Restricted cash and investments85459281100266247
Receivables1,0687711,2611,1701,0341,1561,047
Inventory, net of allowances, customer advances and progress billings     541442
Inventory     541442
Prepaid expense8970130160111137147
Other current assets20298721691713938
Other undisclosed current assets      55
Total current assets:2,8714,2022,0931,9831,9863,5572,585
Noncurrent Assets
Finance lease, right-of-use asset334052✕✕✕✕
Operating lease, right-of-use asset694772867✕✕✕✕
Property, plant and equipment3053463803673538,9309,119
Long-term investments and receivables     1,077730
Long-term investments     114138
Accounts and financing receivable, after allowance for credit loss     963592
Intangible assets, net (including goodwill)9,95410,65211,23711,3166,5327,3487,622
Goodwill5,0715,0955,1595,1605,1905,8225,887
Intangible assets, net (excluding goodwill)4,8835,5576,0786,1561,3421,5261,735
Deferred income tax assets 194 ✕✕✕✕
Other noncurrent assets452323280239434334368
Other undisclosed noncurrent assets1,13222648905,0034,9655,292
Total noncurrent assets:12,57012,55312,86412,01212,32222,65423,131
TOTAL ASSETS:15,44116,75514,95713,99514,30826,21125,716
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:1,5681,3021,7031,5302,1502,4532,206
Accounts payable274224303283282381331
Accrued liabilities556436618516480563539
Employee-related liabilities514404554532502584475
Taxes payable   19126033
Other undisclosed accounts payable and accrued liabilities224238228180874865828
Deferred revenue350370332✕✕✕✕
Debt545637164698111
Deferred compensation liability 121615 16 
Self insurance reserve84      
Other undisclosed current liabilities9636917831,05412117150
Total current liabilities:3,0192,4312,8712,6152,2082,6842,467
Noncurrent Liabilities
Long-term debt and lease obligation, including:8,71210,4317,9567,2666,55610,0209,710
Long-term debt, excluding current maturities     621 
Finance lease, liability158196208✕✕✕✕
Operating lease, liability8709711,037✕✕✕✕
Other undisclosed long-term debt and lease obligation7,6849,2646,7117,2666,5569,3999,710
Liabilities, other than long-term debt1,6421,9931,7101,7613,4697,0376,979
Deferred revenue and credits✕✕✕✕9369531,067
Deferred revenue8961,004827✕✕✕✕
Deferred tax liabilities, net✕✕✕8981,0634,5754,630
Other liabilities7469898838631,4701,5091,282
Other undisclosed noncurrent liabilities2,8873,3862,8921,795 621609
Total noncurrent liabilities:13,24115,81012,55810,82210,02517,67817,298
Total liabilities:16,26018,24115,42913,43712,23320,36219,765
Stockholders' equity
Stockholders' equity attributable to parent, including:(821)(1,490)(482)5512,0725,8995,985
Common stock     1010
Treasury stock, value(4,443)(4,453)(4,169)(2,625)(891)  
Additional paid in capital10,72010,55210,48910,37210,29810,21310,151
Accumulated other comprehensive loss(779)(860)(840)(782)(742)(1,001)(784)
Accumulated deficit(6,322)(6,732)(5,965)(6,417)(6,596)(3,323)(3,392)
Other undisclosed stockholders' equity attributable to parent33333  
Stockholders' equity attributable to noncontrolling interest241073(50)(34)
Total stockholders' equity:(819)(1,486)(472)5582,0755,8495,951
TOTAL LIABILITIES AND EQUITY:15,44116,75514,95713,99514,30826,21125,716

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues5,7884,3079,4528,9069,14011,66311,272
Revenue, net✕✕✕✕9,1409,9629,671
Cost of revenue(4,171)(3,784)(7,170)(6,950)(6,987)(8,503)(8,501)
Cost of goods and services sold    (6,931)(8,494)(8,195)
Gross profit:1,6175232,2821,9562,1533,1602,771
Operating expenses(600)(941)(706)(524)(781)(1,308)(1,006)
Other operating expense, net
(Other Expenses)		(45)(60)(72)(51)(56)  
Other undisclosed operating income386015351569306
Operating income (loss):1,010(418)1,6571,4321,3721,8612,071
Nonoperating income (expense)16(29)11726(27)(23)
Investment income, nonoperating     1219
Foreign currency transaction gain (loss), before tax(7)(27)(2)(11)3(13)(41)
Other nonoperating income (expense)23(2)32823(26)(1)
Interest and debt expense(397)(429)(414)(371)(468)(587)(575)
Income (loss) from continuing operations before equity method investments, income taxes:629(876)1,2441,0789301,2471,473
Income from equity method investments     823
Other undisclosed loss from continuing operations before income taxes(69)(48)     
Income (loss) from continuing operations before income taxes:560(924)1,2441,0789301,2551,496
Income tax expense (benefit)(153)(204)358309334(891)(80)
Other undisclosed loss from continuing operations   (618)   
Income (loss) before gain (loss) on sale of properties:407(1,128)1,6027691,2643641,416
Other undisclosed net income (loss) 408(716)    
Net income (loss):407(720)8867691,2643641,416
Net income (loss) attributable to noncontrolling interest3(5)55(5)(16)(12)
Other undisclosed net income (loss) attributable to parent 10(10)(10)   
Net income (loss) available to common stockholders, diluted:410(715)8817641,2593481,404

Comprehensive Income ($ in millions)
Annual | Quarterly

12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income (loss):407(720)8867691,2643641,416
Other comprehensive income (loss)82(20)(58)(57)196(218)(156)
Comprehensive income (loss):489(740)8287121,4601461,260
Comprehensive income (loss), net of tax, attributable to noncontrolling interest25(5)5(5)(15)(12)
Other undisclosed comprehensive loss, net of tax, attributable to parent   (10)   
Comprehensive income (loss), net of tax, attributable to parent:491(735)8237071,4551311,248

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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