| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Property and equipment, net | 7,174 | 7,176 | ||
| Contract asset | 868 | 852 | ||
| Intangibles, net | 41 | 41 | ||
| Cash and cash equivalents | 278 | 319 | ||
| Restricted cash | 31 | 28 | ||
| Accounts receivable, net of allowance for doubtful accounts of 3 and 4 | 124 | 129 | ||
| Prepaid expenses | 55 | 72 | ||
| Other assets | 78 | 69 | ||
| Operating lease right-of-use assets | 181 | 184 | ||
| Total assets (variable interest entities 209 and 223) | 8,830 | 8,870 | ||
| Debt | 3,839 | 3,840 | ||
| Debt associated with hotels in receivership | 725 | 725 | ||
| Accrued interest associated with hotels in receivership | 143 | 127 | ||
| Accounts payable and accrued expenses | 237 | 237 | ||
| Dividends payable | 56 | 55 | ||
| Due to hotel managers | 107 | 114 | ||
| Other liabilities | 182 | 165 | ||
| Operating lease liabilities | 215 | 219 | ||
| Total liabilities (variable interest entities 196 and 201) | 5,504 | 5,482 | ||
| Common stock, par value 0.01 per share, 6,000,000,000 shares authorized, 200,945,761 shares issued and 199,911,257 shares outstanding as of september30, 2025 and 203,407,320 shares issued and 202,553,194 shares outstanding as of december31, 2024 | 2 | 2 | ||
| Additional paid-in capital | 4,027 | 4,022 | ||
| Accumulated deficit | -647 | -580 | ||
| Total stockholders equity | 3,382 | 3,444 | ||
| Noncontrolling interests | -56 | -56 | ||
| Total equity | 3,326 | 3,388 | ||
| Total liabilities and equity | 8,830 | 8,870 | ||
Park Hotels & Resorts Inc. (PK)
Park Hotels & Resorts Inc. (PK)