Hyatt Hotels Corp
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
H$191.55+3.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets as of
As of December 31, 2023 and December 31, 2022
(In millions of dollars, except share and per share amounts)
| 2023 | 2022 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $881 | $991 |
| Restricted cash | 34 | 39 |
| Short-term investments | 15 | 158 |
| Receivables, net of allowances of $50 and $63 at December 31, 2023 and December 31, 2022, respectively | 883 | 834 |
| Inventories | 9 | 9 |
| Prepaids and other assets | 195 | 180 |
| Prepaid income taxes | 51 | 39 |
| Assets held for sale | 62 | — |
| Total current assets | 2,130 | 2,250 |
| Equity method investments | 211 | 178 |
| Property and equipment, net | 2,340 | 2,384 |
| Financing receivables, net of allowances of $42 and $44 at December 31, 2023 and December 31, 2022, respectively | 73 | 60 |
| Operating lease right-of-use assets | 369 | 385 |
| Goodwill | 3,205 | 3,101 |
| Intangibles, net | 1,670 | 1,668 |
| Deferred tax assets | 358 | 257 |
| Other assets | 2,477 | 2,029 |
| TOTAL ASSETS | $12,833 | $12,312 |
| LIABILITIES AND EQUITY | ||
| CURRENT LIABILITIES: | ||
| Current maturities of long-term debt | $751 | $660 |
| Accounts payable | 493 | 500 |
| Accrued expenses and other current liabilities | 468 | 415 |
| Current contract liabilities | 1,598 | 1,438 |
| Accrued compensation and benefits | 210 | 235 |
| Current operating lease liabilities | 41 | 39 |
| Liabilities held for sale | 17 | — |
| Total current liabilities | 3,578 | 3,287 |
| Long-term debt | 2,305 | 2,453 |
| Long-term contract liabilities | 1,759 | 1,495 |
| Long-term operating lease liabilities | 273 | 298 |
| Other long-term liabilities | 1,351 | 1,077 |
| Total liabilities | 9,266 | 8,610 |
| Commitments and contingencies (see Note 15) | ||
| EQUITY: | ||
| Preferred stock, $0.01 par value per share, 10,000,000 shares authorized and none outstanding at both December 31, 2023 and December 31, 2022 | — | — |
| Class A common stock, $0.01 par value per share, 1,000,000,000 shares authorized, 44,275,818 issued and outstanding at December 31, 2023, and Class B common stock, $0.01 par value per share, 390,751,535 shares authorized, 58,757,123 shares issued and outstanding at December 31, 2023. Class A common stock, $0.01 par value per share, 1,000,000,000 shares authorized, 47,482,787 issued and outstanding at December 31, 2022, and Class B common stock, $0.01 par value per share, 390,912,161 shares authorized, 58,917,749 shares issued and outstanding at December 31, 2022 | 1 | 1 |
| Additional paid-in capital | — | 318 |
| Retained earnings | 3,738 | 3,622 |
| Accumulated other comprehensive loss | (175) | (242) |
| Total stockholders' equity | 3,564 | 3,699 |
| Noncontrolling interests in consolidated subsidiaries | 3 | 3 |
| Total equity | 3,567 | 3,702 |
| TOTAL LIABILITIES AND EQUITY | $12,833 | $12,312 |
F- 7
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