Park Hotels & Resorts Inc.: 10-Q filed 2022-05-02

Name: Park Hotels & Resorts Inc.: 10-Q filed 2022-05-02
Creator: Park Hotels & Resorts Inc.

What Park Hotels & Resorts Inc. reported in its quarterly report filed 2022-05-02 (fiscal Q1 2022): 34 published measures, 69 facts as tagged in accession 0000950170-22-006872.

This filing

Form: 10-Q (quarterly report)
Filed: 2022-05-02
Fiscal period: fiscal Q1 2022
Accession: 0000950170-22-006872 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Park Hotels & Resorts Inc. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2022-03-31	9,703,000,000	USD
At 2021-12-31	9,743,000,000	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2022-03-31	5,418,000,000	USD
At 2021-12-31	5,340,000,000	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2022-03-31	4,333,000,000	USD
At 2021-12-31	4,452,000,000	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2022-03-31	639,000,000	USD
At 2021-12-31	688,000,000	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-57,000,000	USD	90
2021-01-01 to 2021-03-31	-190,000,000	USD	90

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	44,000,000	USD	90
2021-01-01 to 2021-03-31	-71,000,000	USD	90

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	21,000,000	USD	90
2021-01-01 to 2021-03-31	5,000,000	USD	90

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	479,000,000	USD	90
2021-01-01 to 2021-03-31	165,000,000	USD	90

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-69,000,000	USD	90
2021-01-01 to 2021-03-31	-7,000,000	USD	90

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-21,000,000	USD	90
2021-01-01 to 2021-03-31	-3,000,000	USD	90

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2022-03-31	-142,000,000	USD
At 2021-12-31	-83,000,000	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	235,000,000	shares	90
2021-01-01 to 2021-03-31	235,000,000	shares	90

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	235,000,000	shares	90
2021-01-01 to 2021-03-31	236,000,000	shares	90

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-0.24	USD/shares	90
2021-01-01 to 2021-03-31	-0.81	USD/shares	90

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-0.24	USD/shares	90
2021-01-01 to 2021-03-31	-0.81	USD/shares	90

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	0	USD	90
2021-01-01 to 2021-03-31	1,000,000	USD	90

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2022-03-31	8,465,000,000	USD
At 2021-12-31	8,511,000,000	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	4,000,000	USD	90
2021-01-01 to 2021-03-31	6,000,000	USD	90

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	1,000,000	USD	90
2021-01-01 to 2021-03-31	-123,000,000	USD	90

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	62,000,000	USD	90
2021-01-01 to 2021-03-31	63,000,000	USD	90

Common-stock repurchase payments

Cash paid to reacquire common stock during the period. This is not an authorization limit or a direct measure of the net change in share count.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	61,000,000	USD	90
2021-01-01 to 2021-03-31	0	USD	90

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2022-03-31	233,324,391	shares
At 2021-12-31	236,483,990	shares

Total equity including noncontrolling interests

Equity including the portion attributable to noncontrolling interests. It is larger than or equal to parent stockholders equity and is not market capitalization.

Period	Value	Unit
At 2022-03-31	4,285,000,000	USD
At 2021-12-31	4,403,000,000	USD
At 2021-03-31	4,653,000,000	USD
At 2020-12-31	4,843,000,000	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit	Days
At 2022-03-31	232,000,000	USD
At 2021-12-31	210,000,000	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2022-03-31	250,000,000	USD
At 2021-12-31	227,000,000	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2022-03-31	4,704,000,000	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2022-03-31	11,047,000,000	USD
At 2021-12-31	11,026,000,000	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2022-03-31	2,582,000,000	USD
At 2021-12-31	2,515,000,000	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2022-03-31	44,000,000	USD
At 2021-12-31	44,000,000	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-56,000,000	USD	90
2021-01-01 to 2021-03-31	-190,000,000	USD	90

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-56,000,000	USD	90
2021-01-01 to 2021-03-31	-191,000,000	USD	90

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	-57,000,000	USD	90
2021-01-01 to 2021-03-31	-189,000,000	USD	90

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	16,000,000	USD	90
2021-01-01 to 2021-03-31	18,000,000	USD	90

Other nonoperating income or expense

Other income or expense outside operations under this concept. The composition is filer-specific and can include one-time items.

Period	Value	Unit	Days
2022-01-01 to 2022-03-31	5,000,000	USD	90
2021-01-01 to 2021-03-31	0	USD	90

Inspect the source

Entity: Park Hotels & Resorts Inc. / CIK 0001617406
Captured: 2026-09-21T17:21:31.011Z
SEC response SHA-256: 06c1e2379871dc5a45e1c1ac1ccb783aef17780d6a7453beee749ce050c4b258

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

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import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0001617406.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))