Implicit methods for hyperbolic equations are analyzed by constructing LU factorizations. It is shown that the solution of the resulting tridiagonal systems in one dimension is well conditioned if and only if the LU factors are diagonally dominant. Stable implicit methods that have diagonally dominant factors are constructed for hyperbolic equations in n space dimensions. Only two factors are required even in three space dimensions. Acceleration to a steady state is analyzed. When the multidimensional backward Euler method is used with large time steps, it is shown that the scheme approximates a Newton Raphson iteration procedure.