v3.22.4
Consolidated Statements of Operations - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues $ 8,773 $ 5,788 $ 4,307
Owned and leased hotel expenses 999 679 620
Depreciation and amortization 162 188 331
General and administrative expenses 382 405 311
Reorganization costs 0 0 41
Impairment losses 0 0 258
Other expenses 60 45 60
Total expenses excluding reimbursable expenses 1,603 1,317 1,621
Other expenses from managed and franchised properties 5,076 3,454 3,104
Total expenses 6,679 4,771 4,725
Gain (loss) on sales of assets, net 0 (7) 0
Operating income (loss) 2,094 1,010 (418)
Interest expense (415) (397) (429)
Loss on foreign currency transactions 5 (7) (27)
Loss on debt extinguishments 0 (69) (48)
Other non-operating income (loss), net 50 23 (2)
Income (loss) before income taxes 1,734 560 (924)
Income tax benefit (expense) (477) (153) 204
Net income (loss) 1,257 407 (720)
Net loss (income) attributable to noncontrolling interests (2) 3 5
Net income (loss) attributable to Hilton stockholders $ 1,255 $ 410 $ (715)
Basic EPS:      
Basic EPS $ 4.56 $ 1.47 $ (2.58)
Diluted EPS:      
Diluted EPS 4.53 1.46 (2.58)
Cash dividends declared per share $ 0.45 $ 0 $ 0.15
Total revenues excluding reimbursable revenues      
Revenues $ 3,736 $ 2,444 $ 1,600
Franchise and licensing fees      
Revenues 2,068 1,493 945
Base and other management fees      
Revenues 294 176 123
Incentive management fees      
Revenues 196 98 38
Owned and leased hotels      
Revenues 1,076 598 421
Other revenues      
Revenues 102 79 73
Other revenues from managed and franchised properties      
Revenues $ 5,037 $ 3,344 $ 2,707