| Summary of Components of Equity |
The components of the equity of Host Inc. are as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | Additional Paid-in Capital | | Accumulated Other Comprehensive Loss | | Retained Deficit | | Non-redeemable, non-controlling interests | | Total equity | | Redeemable, non-controlling interests | | Balance, December 31, 2025 | $ | 7 | | | $ | 7,289 | | | $ | (68) | | | $ | (670) | | | $ | 3 | | | $ | 6,561 | | | $ | 171 | | | Net income | — | | | — | | | — | | | 731 | | | 1 | | | 732 | | | 10 | | | Changes in ownership and other | — | | | (56) | | | — | | | — | | | — | | | (56) | | | 56 | | | Other comprehensive income | — | | | — | | | 2 | | | — | | | — | | | 2 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common stock for comprehensive stock plans, net | — | | | 1 | | | — | | | — | | | — | | | 1 | | | — | | | Dividends declared on common stock | — | | | — | | | — | | | (773) | | | — | | | (773) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Distributions to non-controlling interests | — | | | — | | | — | | | — | | | — | | | — | | | (11) | | | | | | | | | | | | | | | | | Repurchase of common stock | — | | | (75) | | | — | | | — | | | — | | | (75) | | | — | | | Balance, June 30, 2026 | $ | 7 | | | $ | 7,159 | | | $ | (66) | | | $ | (712) | | | $ | 4 | | | $ | 6,392 | | | $ | 226 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | Additional Paid-in Capital | | Accumulated Other Comprehensive Loss | | Retained Deficit | | Non-redeemable, non-controlling interests | | Total equity | | Redeemable, non-controlling interests | | Balance, March 31, 2026 | $ | 7 | | | $ | 7,199 | | | $ | (65) | | | $ | (314) | | | $ | 3 | | | $ | 6,830 | | | $ | 184 | | | Net income | — | | | — | | | — | | | 237 | | | 1 | | | 238 | | | 3 | | | Changes in ownership and other | — | | | (48) | | | — | | | — | | | — | | | (48) | | | 48 | | | Other comprehensive loss | — | | | — | | | (1) | | | — | | | — | | | (1) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common stock for comprehensive stock plans, net | — | | | 8 | | | — | | | — | | | — | | | 8 | | | — | | | Dividends declared on common stock | — | | | — | | | — | | | (635) | | | — | | | (635) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Distributions to non-controlling interests | — | | | — | | | — | | | — | | | — | | | — | | | (9) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, June 30, 2026 | $ | 7 | | | $ | 7,159 | | | $ | (66) | | | $ | (712) | | | $ | 4 | | | $ | 6,392 | | | $ | 226 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | Additional Paid-in Capital | | Accumulated Other Comprehensive Loss | | Retained Deficit | | Non-redeemable, non-controlling interests | | Total equity | | Redeemable, non-controlling interests | | Balance, December 31, 2024 | $ | 7 | | | $ | 7,462 | | | $ | (83) | | | $ | (777) | | | $ | 3 | | | $ | 6,612 | | | $ | 165 | | | Net income | — | | | — | | | — | | | 469 | | | — | | | 469 | | | 7 | | | Changes in ownership and other | — | | | 31 | | | — | | | — | | | — | | | 31 | | | (32) | | | Other comprehensive income | — | | | — | | | 9 | | | — | | | — | | | 9 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common stock for comprehensive stock plans, net | — | | | 2 | | | — | | | — | | | — | | | 2 | | | — | | | Dividends declared on common stock | — | | | — | | | — | | | (277) | | | — | | | (277) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Distributions to non-controlling interests | — | | | — | | | — | | | — | | | — | | | — | | | (4) | | | | | | | | | | | | | | | | | Repurchase of common stock | — | | | (205) | | | — | | | — | | | — | | | (205) | | | — | | | Balance, June 30, 2025 | $ | 7 | | | $ | 7,290 | | | $ | (74) | | | $ | (585) | | | $ | 3 | | | $ | 6,641 | | | $ | 136 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common Stock | | Additional Paid-in Capital | | Accumulated Other Comprehensive Loss | | Retained Deficit | | Non-redeemable, non-controlling interests | | Total equity | | Redeemable, non-controlling interests | | Balance, March 31, 2025 | $ | 7 | | | $ | 7,390 | | | $ | (79) | | | $ | (668) | | | $ | 3 | | | $ | 6,653 | | | $ | 133 | | | Net income | — | | | — | | | — | | | 221 | | | — | | | 221 | | | 4 | | | Changes in ownership and other | — | | | (1) | | | — | | | — | | | — | | | (1) | | | 1 | | | Other comprehensive income | — | | | — | | | 5 | | | — | | | — | | | 5 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common stock for comprehensive stock plans, net | — | | | 6 | | | — | | | — | | | — | | | 6 | | | — | | | Dividends declared on common stock | — | | | — | | | — | | | (138) | | | — | | | (138) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Distributions to non-controlling interests | — | | | — | | | — | | | — | | | — | | | — | | | (2) | | | | | | | | | | | | | | | | | Repurchase of common stock | — | | | (105) | | | — | | | — | | | — | | | (105) | | | — | | | Balance, June 30, 2025 | $ | 7 | | | $ | 7,290 | | | $ | (74) | | | $ | (585) | | | $ | 3 | | | $ | 6,641 | | | $ | 136 | |
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| Summary of Components of Capital |
The components of the Capital of Host L.P. are as follows (in millions): | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | General Partner | | Limited Partner | | Accumulated Other Comprehensive Loss | | Non-controlling interests | | Total capital | | Limited partnership interests of third parties | | Balance, December 31, 2025 | $ | 1 | | | $ | 6,625 | | | $ | (68) | | | $ | 3 | | | $ | 6,561 | | | $ | 171 | | | Net income | — | | | 731 | | | — | | | 1 | | | 732 | | | 10 | | | Changes in ownership and other | — | | | (56) | | | — | | | — | | | (56) | | | 56 | | | Other comprehensive income | — | | | — | | | 2 | | | — | | | 2 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common OP units to Host Inc. for comprehensive stock plans, net | — | | | 1 | | | — | | | — | | | 1 | | | — | | | Distributions declared on common OP units | — | | | (773) | | | — | | | — | | | (773) | | | (11) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Repurchase of common OP units | — | | | (75) | | | — | | | — | | | (75) | | | — | | | Balance, June 30, 2026 | $ | 1 | | | $ | 6,453 | | | $ | (66) | | | $ | 4 | | | $ | 6,392 | | | $ | 226 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | General Partner | | Limited Partner | | Accumulated Other Comprehensive Loss | | Non-controlling interests | | Total capital | | Limited partnership interests of third parties | | Balance, March 31, 2026 | $ | 1 | | | $ | 6,891 | | | $ | (65) | | | $ | 3 | | | $ | 6,830 | | | $ | 184 | | | Net income | — | | | 237 | | | — | | | 1 | | | 238 | | | 3 | | | Changes in ownership and other | — | | | (48) | | | — | | | — | | | (48) | | | 48 | | | Other comprehensive loss | — | | | — | | | (1) | | | — | | | (1) | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common OP units to Host Inc. for comprehensive stock plans, net | — | | | 8 | | | — | | | — | | | 8 | | | — | | | Distributions declared on common OP units | — | | | (635) | | | — | | | — | | | (635) | | | (9) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Balance, June 30, 2026 | $ | 1 | | | $ | 6,453 | | | $ | (66) | | | $ | 4 | | | $ | 6,392 | | | $ | 226 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | General Partner | | Limited Partner | | Accumulated Other Comprehensive Loss | | Non-controlling interests | | Total capital | | Limited partnership interests of third parties | | Balance, December 31, 2024 | $ | 1 | | | $ | 6,691 | | | $ | (83) | | | $ | 3 | | | $ | 6,612 | | | $ | 165 | | | Net income | — | | | 469 | | | — | | | — | | | 469 | | | 7 | | | Changes in ownership and other | — | | | 31 | | | — | | | — | | | 31 | | | (32) | | | Other comprehensive income | — | | | — | | | 9 | | | — | | | 9 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common OP units to Host Inc. for comprehensive stock plans, net | — | | | 2 | | | — | | | — | | | 2 | | | — | | | Distributions declared on common OP units | — | | | (277) | | | — | | | — | | | (277) | | | (4) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Repurchase of common OP units | — | | | (205) | | | — | | | — | | | (205) | | | — | | | Balance, June 30, 2025 | $ | 1 | | | $ | 6,711 | | | $ | (74) | | | $ | 3 | | | $ | 6,641 | | | $ | 136 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | General Partner | | Limited Partner | | Accumulated Other Comprehensive Loss | | Non-controlling interests | | Total capital | | Limited partnership interests of third parties | | Balance, March 31, 2025 | $ | 1 | | | $ | 6,728 | | | $ | (79) | | | $ | 3 | | | $ | 6,653 | | | $ | 133 | | | Net income | — | | | 221 | | | — | | | — | | | 221 | | | 4 | | | Changes in ownership and other | — | | | (1) | | | — | | | — | | | (1) | | | 1 | | | Other comprehensive income | — | | | — | | | 5 | | | — | | | 5 | | | — | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Issuance of common OP units to Host Inc. for comprehensive stock plans, net | — | | | 6 | | | — | | | — | | | 6 | | | — | | | Distributions declared on common OP units | — | | | (138) | | | — | | | — | | | (138) | | | (2) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Repurchase of common OP units | — | | | (105) | | | — | | | — | | | (105) | | | — | | | Balance, June 30, 2025 | $ | 1 | | | $ | 6,711 | | | $ | (74) | | | $ | 3 | | | $ | 6,641 | | | $ | 136 | |
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