v3.22.4
Consolidated Statements of Stockholders' Equity (Deficit) Statement - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Common stock
Treasury stock
Additional paid-in capital
Accumulated deficit
Accumulated deficit
Cumulative Effect, Period of Adoption, Adjustment
Accumulated other comprehensive loss
Noncontrolling interests
Beginning balance, shares at Dec. 31, 2019     279,000,000.0            
Beginning balance, equity (deficit) attributable to Hilton stockholders at Dec. 31, 2019     $ 3 $ (4,169) $ 10,489 $ (5,965)   $ (840)  
Beginning balance, equity attributable to noncontrolling interest at Dec. 31, 2019                 $ 10
Beginning balance, equity (deficit) at Dec. 31, 2019 $ (472)                
Net income (loss) attributable to Hilton stockholders (715)         (715)      
Net income (loss) attributable to noncontrolling interests (5)               5
Net income (loss) (720)                
Currency translation adjustment 38             38  
Pension liability adjustment (20)             (20)  
Cash flow hedge adjustment (38)             (38)  
Other comprehensive income (loss)               (20)  
Other comprehensive income (loss), net of tax (20)                
Dividends (42)         (42)      
Repurchases of common stock, shares     (2,600,000)            
Repurchases of common stock (279)     (279)          
Share-based compensation, shares     1,200,000            
Share-based compensation 58     (5) 63        
Distributions (1)               (1)
Ending balance, shares at Dec. 31, 2020     277,600,000            
Ending balance, equity (deficit) attributable to Hilton stockholders at Dec. 31, 2020     $ 3 (4,453) 10,552 (6,732)   (860)  
Ending balance, equity attributable to noncontrolling interest at Dec. 31, 2020                 4
Ending balance, equity (deficit) at Dec. 31, 2020 (1,486)                
Cumulative effect of the adoption of ASU | Accounting Standards Update 2016-13 [1]   $ (10)         $ (10)    
Net income (loss) attributable to Hilton stockholders 410         410      
Net income (loss) attributable to noncontrolling interests (3)               3
Net income (loss) 407                
Currency translation adjustment (29)             (29)  
Pension liability adjustment 80             79 1
Cash flow hedge adjustment 31             31  
Other comprehensive income (loss)               81  
Other comprehensive income (loss), net of tax 82               1
Share-based compensation, shares     1,500,000            
Share-based compensation $ 178     10 168        
Ending balance, shares at Dec. 31, 2021 279,091,009   279,100,000            
Ending balance, equity (deficit) attributable to Hilton stockholders at Dec. 31, 2021 $ (821)   $ 3 (4,443) 10,720 (6,322)   (779)  
Ending balance, equity attributable to noncontrolling interest at Dec. 31, 2021 (2)               2
Ending balance, equity (deficit) at Dec. 31, 2021 (819)                
Cumulative effect of the adoption of ASU 6,322                
Net income (loss) attributable to Hilton stockholders 1,255         1,255      
Net income (loss) attributable to noncontrolling interests 2               (2)
Net income (loss) 1,257                
Currency translation adjustment (8)             (8)  
Pension liability adjustment (49)             (49) 0
Cash flow hedge adjustment 130             130  
Other comprehensive income (loss)               73  
Other comprehensive income (loss), net of tax 73                
Dividends (123)         (123)      
Repurchases of common stock, shares     (12,300,000)            
Repurchases of common stock (1,608)     (1,608)          
Share-based compensation, shares     1,100,000            
Share-based compensation $ 122     11 111        
Ending balance, shares at Dec. 31, 2022 267,860,301   267,900,000 [2]            
Ending balance, equity (deficit) attributable to Hilton stockholders at Dec. 31, 2022 $ (1,102)   $ 3 [2] $ (6,040) [2] $ 10,831 [2] $ (5,190) [2]   $ (706) [2]  
Ending balance, equity attributable to noncontrolling interest at Dec. 31, 2022 (4)               $ 4 [2]
Ending balance, equity (deficit) at Dec. 31, 2022 [2] (1,098)                
Cumulative effect of the adoption of ASU $ 5,190                
[1] Relates to Accounting Standards Update ("ASU") No. 2016-13 ("ASU 2016-13"), Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, that was adopted on January 1, 2020.
[2] As of December 31, 2022, 3.0 billion shares of preferred stock with a par value of $0.01 were authorized with no such shares issued.