| Schedule of Redeemable Noncontrolling Interest and Stockholders' Equity (Deficit) |
The following tables present the changes in the redeemable and nonredeemable noncontrolling interests and the components of stockholders' equity (deficit) attributable to Hilton stockholders:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2026 | | Redeemable Noncontrolling Interests | | | | | Treasury Stock | | Additional
Paid-in
Capital | | Accumulated Deficit | | Accumulated
Other
Comprehensive
Loss | | | | | | Common Stock | | | | | | Noncontrolling
Interests | | Total Deficit | | Shares | | Amount | | | | | | | | (in millions) | (in millions) | | Balance as of June 30, 2026 | $ | 5 | | 225.7 | | | $ | 3 | | | $ | (16,190) | | | $ | 11,341 | | | $ | (710) | | | $ | (747) | | | $ | 28 | | | $ | (6,275) | | | | | | | | | | | | | | | | | | | Net income (loss) | (1) | | — | | | — | | | — | | | — | | | 536 | | | — | | | 1 | | | 537 | | Other comprehensive income | — | | — | | | — | | | — | | | — | | | — | | | 8 | | | 1 | | | 9 | | Dividends | — | | — | | | — | | | — | | | — | | | (34) | | | — | | | — | | | (34) | | Repurchases of common stock | — | | (2.6) | | | — | | | (854) | | | — | | | — | | | — | | | — | | | (854) | | Share-based compensation | — | | — | | | — | | | — | | | 54 | | | — | | | — | | | — | | | 54 | | | Balance as of September 30, 2026 | $ | 4 | | 223.1 | | | $ | 3 | | | $ | (17,044) | | | $ | 11,395 | | | $ | (208) | | | $ | (739) | | | $ | 30 | | | $ | (6,563) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended September 30, 2025 | | Redeemable Noncontrolling Interests | | | | | Treasury Stock | | Additional
Paid-in
Capital | | Accumulated Deficit | | Accumulated
Other
Comprehensive
Loss | | | | | | Common Stock | | | | | | Noncontrolling
Interests | | Total Deficit | | Shares | | Amount | | | | | | | | (in millions) | (in millions) | | Balance as of June 30, 2025 | $ | 15 | | 235.8 | | | $ | 3 | | | $ | (12,907) | | | $ | 11,174 | | | $ | (2,155) | | | $ | (705) | | | $ | 26 | | | $ | (4,564) | | Net income (loss) | (1) | | — | | | — | | | — | | | — | | | 420 | | | — | | | 2 | | | 422 | | Other comprehensive loss | — | | — | | | — | | | — | | | — | | | — | | | (8) | | | (1) | | | (9) | | Dividends | — | | — | | | — | | | — | | | — | | | (35) | | | — | | | — | | | (35) | | Repurchases of common stock | — | | (2.8) | | | — | | | (765) | | | — | | | — | | | — | | | — | | | (765) | | Share-based compensation | — | | 0.1 | | | — | | | — | | | 46 | | | — | | | — | | | — | | | 46 | | | Balance as of September 30, 2025 | $ | 14 | | 233.1 | | | $ | 3 | | | $ | (13,672) | | | $ | 11,220 | | | $ | (1,770) | | | $ | (713) | | | $ | 27 | | | $ | (4,905) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2026 | | | Redeemable Noncontrolling Interests | | | | | Treasury Stock | | Additional
Paid-in
Capital | | Accumulated Deficit | | Accumulated
Other
Comprehensive
Loss | | | | | | | Common Stock | | | | | | Noncontrolling
Interests | | Total Deficit | | | Shares | | Amount | | | | | | | | | (in millions) | (in millions) | | | Balance as of December 31, 2025 | $ | 13 | | 230.4 | | | $ | 3 | | | $ | (14,428) | | | $ | 11,274 | | | $ | (1,508) | | | $ | (729) | | | $ | 29 | | | $ | (5,359) | | | | Acquisition of redeemable noncontrolling interests | (5) | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | — | | | Net income (loss) | (4) | | — | | | — | | | — | | | — | | | 1,403 | | | — | | | 2 | | | 1,405 | | | Other comprehensive loss | — | | — | | | — | | | — | | | — | | | — | | | (10) | | | (1) | | | (11) | | | Dividends | — | | — | | | — | | | — | | | — | | | (103) | | | — | | | — | | | (103) | | | Repurchases of common stock | — | | (8.2) | | | — | | | (2,625) | | | — | | | — | | | — | | | — | | | (2,625) | | | Share-based compensation | — | | 0.9 | | | — | | | 9 | | | 121 | | | — | | | — | | | — | | | 130 | | | | Balance as of September 30, 2026 | $ | 4 | | 223.1 | | | $ | 3 | | | $ | (17,044) | | | $ | 11,395 | | | $ | (208) | | | $ | (739) | | | $ | 30 | | | $ | (6,563) | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Nine Months Ended September 30, 2025 | | Redeemable Noncontrolling Interests | | | | | Treasury Stock | | Additional
Paid-in
Capital | | Accumulated Deficit | | Accumulated
Other
Comprehensive
Loss | | | | | | Common Stock | | | | | | Noncontrolling
Interests | | Total Deficit | | Shares | | Amount | | | | | | | | (in millions) | (in millions) | | Balance as of December 31, 2024 | $ | 17 | | 241.8 | | | $ | 3 | | | $ | (11,256) | | | $ | 11,130 | | | $ | (2,822) | | | $ | (782) | | | $ | 21 | | | $ | (3,706) | | | | | | | | | | | | | | | | | | | Net income (loss) | (3) | | — | | | — | | | — | | | — | | | 1,160 | | | — | | | 6 | | | 1,166 | | Other comprehensive income | — | | — | | | — | | | — | | | — | | | — | | | 69 | | | — | | | 69 | | | Dividends | — | | — | | | — | | | — | | | — | | | (108) | | | — | | | — | | | (108) | | Repurchases of common stock | — | | (9.7) | | | — | | | (2,425) | | | — | | | — | | | — | | | — | | | (2,425) | | Share-based compensation | — | | 1.0 | | | — | | | 9 | | | 90 | | | — | | | — | | | — | | | 99 | | | Balance as of September 30, 2025 | $ | 14 | | 233.1 | | | $ | 3 | | | $ | (13,672) | | | $ | 11,220 | | | $ | (1,770) | | | $ | (713) | | | $ | 27 | | | $ | (4,905) | |
|
| Schedule of Accumulated Other Comprehensive Loss |
The changes in the components of accumulated other comprehensive loss, net of taxes, were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | Currency Translation Adjustment(1) | | Pension Liability Adjustment(2) | | Cash Flow Hedge Adjustment(3) | | Total | | (in millions) | | Balance as of December 31, 2025 | $ | (507) | | | $ | (223) | | | $ | 1 | | | $ | (729) | | Other comprehensive income (loss) before reclassifications | (19) | | | — | | | 8 | | | (11) | | Amounts reclassified from accumulated other comprehensive loss | — | | | 7 | | | (6) | | | 1 | | Net other comprehensive income (loss) | (19) | | | 7 | | | 2 | | | (10) | | | Balance as of September 30, 2026 | $ | (526) | | | $ | (216) | | | $ | 3 | | | $ | (739) | |
| | | | | | | | | | | | | | | | | | | | | | | | | Currency Translation Adjustment(1) | | Pension Liability Adjustment(2) | | Cash Flow Hedge Adjustment(3) | | Total | | (in millions) | | Balance as of December 31, 2024 | $ | (591) | | | $ | (240) | | | $ | 49 | | | $ | (782) | | Other comprehensive income (loss) before reclassifications | 100 | | | — | | | (12) | | | 88 | | Amounts reclassified from accumulated other comprehensive loss | 1 | | | 7 | | | (27) | | | (19) | | Net other comprehensive income (loss) | 101 | | | 7 | | | (39) | | | 69 | | | Balance as of September 30, 2025 | $ | (490) | | | $ | (233) | | | $ | 10 | | | $ | (713) | |
____________ (1)Includes net investment hedge gains and intra-entity foreign currency transactions that are of a long-term investment nature. Amount reclassified during the nine months ended September 30, 2025 relates to the liquidation of an investment in a certain foreign entity and was recognized in loss on foreign currency transactions in our condensed consolidated statement of operations. (2)Amounts reclassified relate to the amortization of prior service cost and amortization of net loss and were recognized in other non-operating income (loss), net in our condensed consolidated statements of operations. (3)Amounts reclassified were primarily the result of our interest rate swap that hedged our exposure to changes in SOFR prior to its maturity in March 2026, with the related amounts recognized in interest expense in our condensed consolidated statements of operations. Amounts reclassified also related to foreign currency forward contracts that hedge our foreign currency denominated fees, with related amounts recognized in various revenue line items, as applicable, in our condensed consolidated statements of operations.
|