Park hotels & resorts inc. (PK)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16
ASSETS
Property and equipment, net

9,383

9,594

9,986

7,764

7,944

7,975

7,974

7,999

8,051

8,311

8,464

8,495

8,516

8,541

Assets held for sale, net

-

71

-

-

-

-

-

-

-

37

-

-

-

-

Investments in affiliates

30

35

52

52

49

50

53

56

87

84

85

87

82

81

Goodwill

-

607

607

607

607

607

607

607

607

606

606

605

604

604

Intangibles, net

46

46

46

2

2

27

26

27

28

41

42

43

43

44

Cash and cash equivalents

1,304

346

321

310

276

410

399

421

172

364

357

306

318

337

Restricted cash

38

40

43

170

14

15

16

17

108

15

20

18

18

13

Accounts receivable, net of allowance for doubtful accounts of $2 and $2

113

180

193

186

172

153

176

180

138

125

158

188

180

130

Prepaid expenses

73

83

76

88

76

82

62

46

54

48

48

53

51

58

Other assets

46

40

29

45

42

44

42

98

91

83

23

22

28

26

Operating lease right-of-use assets

244

248

267

207

212

-

-

-

-

-

-

-

-

-

TOTAL ASSETS (variable interest entities - $237 and $242)

11,277

11,290

11,620

9,431

9,394

9,363

9,355

9,451

9,336

9,714

9,803

9,817

9,840

9,834

LIABILITIES AND EQUITY
Liabilities
Debt

4,870

3,871

4,100

2,949

2,949

2,948

2,948

2,947

2,946

2,961

3,015

3,014

3,012

3,012

Accounts payable and accrued expenses

188

217

237

208

162

183

198

181

172

198

178

178

174

167

Due to hotel managers

103

159

128

117

110

137

116

107

108

141

97

97

125

91

Due to Hilton Grand Vacations

-

-

135

135

135

135

135

138

138

138

206

210

210

210

Deferred income tax liabilities

35

50

42

42

41

42

32

36

46

65

74

123

146

2,437

Other liabilities

241

282

241

204

213

332

198

285

211

249

210

194

202

94

Operating lease liabilities

257

260

284

200

204

-

-

-

-

-

-

-

-

-

Total liabilities (variable interest entities - $218 and $219)

5,694

4,839

5,167

3,855

3,814

3,777

3,627

3,694

3,621

3,752

3,780

3,816

3,869

6,011

Commitments and contingencies - refer to Note 13

-

-

-

-

-

-

0

0

0

-

0

0

0

0

Stockholders' Equity
Common stock, par value $0.01 per share, 6,000,000,000 shares authorized, 235,721,204 shares issued and 235,427,598 shares outstanding as of March 31, 2020 and 239,589,639 shares issued and 239,386,877 shares outstanding as of December 31, 2019

2

2

2

2

2

2

2

2

2

2

2

2

2

-

Additional paid-in capital

4,504

4,575

4,572

3,591

3,588

3,589

3,585

3,581

3,578

3,825

3,827

3,823

3,820

-

Retained earnings

1,129

1,922

1,931

2,034

2,044

2,047

2,196

2,231

2,193

2,229

2,286

2,277

2,258

-

Accumulated other comprehensive loss

-5

-3

-8

-5

-6

-6

-9

-8

-8

-45

-45

-53

-60

-67

Net Parent investment

-

-

-

-

-

-

-

-

-

-

-

-

-

3,939

Total stockholders' equity

5,630

6,496

6,497

5,622

5,628

5,632

5,774

5,806

5,765

6,011

6,070

6,001

5,971

3,872

Noncontrolling interests

-47

-45

-44

-46

-48

-46

-46

-49

-50

-49

-47

-48

49

-49

Total equity

5,583

6,451

6,453

5,576

5,580

5,586

5,728

5,757

5,715

5,962

6,023

6,049

6,020

3,823

TOTAL LIABILITIES AND EQUITY

11,277

11,290

11,620

9,431

9,394

9,363

9,355

9,451

9,336

9,714

9,803

9,817

9,840

9,834