Revenue (Tables)

6 Months Ended

Jun. 30, 2018

Revenue disaggregated by type of revenue and geographic location is as follows:



	Casino		Rooms		Food and Beverage		Mall		Convention, Retail and Other			Net Revenues
Three Months Ended June 30, 2018	(In millions)
Macao:
The Venetian Macao	$	677	$	52	$	18	$	56	$	27		$	830
Sands Cotai Central	386		78		23		15		7			509
The Parisian Macao	308		28		16		15		4			371
The Plaza Macao and Four Seasons Hotel Macao	136		10		7		33		—			186
Sands Macao	166		4		7		2		1			180
Ferry Operations and Other	—		—		—		—		42			42
	1,673		172		71		121		81			2,118
Marina Bay Sands	494		93		51		42		25			705
United States:
Las Vegas Operating Properties	60		149		91		—		102			402
Sands Bethlehem	119		4		6		1		6			136
	179		153		97		1		108			538
Intercompany eliminations⁽¹⁾	—		—		—		—		(58		)	(58		)
Total net revenues	$	2,346	$	418	$	219	$	164	$	156		$	3,303
Three Months Ended June 30, 2017
Macao:
The Venetian Macao	$	538	$	40	$	17	$	55	$	24		$	674
Sands Cotai Central	331		64		24		14		6			439
The Parisian Macao	285		31		15		17		5			353
The Plaza Macao and Four Seasons Hotel Macao	88		8		6		32		1			135
Sands Macao	144		5		6		—		1			156
Ferry Operations and Other	—		—		—		—		41			41
	1,386		148		68		118		78			1,798
Marina Bay Sands	651		80		41		40		22			834
United States:
Las Vegas Operating Properties	81		135		79		—		97			392
Sands Bethlehem	125		4		7		1		6			143
	206		139		86		1		103			535
Intercompany eliminations⁽¹⁾	—		—		—		—		(58		)	(58		)
Total net revenues	$	2,243	$	367	$	195	$	159	$	145		$	3,109



	Casino		Rooms		Food and Beverage		Mall		Convention, Retail and Other			Net Revenues
Six Months Ended June 30, 2018
Macao:
The Venetian Macao	$	1,393	$	109	$	41	$	109	$	46		$	1,698
Sands Cotai Central	804		160		52		29		13			1,058
The Parisian Macao	599		61		31		30		9			730
The Plaza Macao and Four Seasons Hotel Macao	278		19		15		64		1			377
Sands Macao	308		8		14		2		2			334
Ferry Operations and Other	—		—		—		—		81			81
	3,382		357		153		234		152			4,278
Marina Bay Sands	1,146		193		103		84		51			1,577
United States:
Las Vegas Operating Properties	180		305		179		—		215			879
Sands Bethlehem	237		8		12		2		11			270
	417		313		191		2		226			1,149
Intercompany eliminations⁽¹⁾	—		—		—		—		(122		)	(122		)
Total net revenues	$	4,945	$	863	$	447	$	320	$	307		$	6,882
Six Months Ended June 30, 2017
Macao:
The Venetian Macao	$	1,134	$	82	$	34	$	106	$	44		$	1,400
Sands Cotai Central	675		129		48		33		13			898
The Parisian Macao	528		60		31		34		10			663
The Plaza Macao and Four Seasons Hotel Macao	180		16		13		63		1			273
Sands Macao	308		10		13		—		3			334
Ferry Operations and Other	—		—		—		—		79			79
	2,825		297		139		236		150			3,647
Marina Bay Sands	1,143		174		84		78		45			1,524
United States:
Las Vegas Operating Properties	185		286		170		—		196			837
Sands Bethlehem	247		8		14		2		11			282
	432		294		184		2		207			1,119
Intercompany eliminations⁽¹⁾	—		—		—		—		(114		)	(114		)
Total net revenues	$	4,400	$	765	$	407	$	316	$	288		$	6,176

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(1)	Intercompany eliminations include royalties and other intercompany services (see "— Note 8 — Segment Information).

The following table summarizes the liability activity related to contracts with customers:



	Outstanding Chip Liability				Loyalty Program Liability					Customer Deposits and Other Deferred Revenue⁽¹⁾
	2018		2017		2018		2017			2018		2017
	(In millions)
Balance at January 1	$	478	$	525	$	63	$	69		$	714	$	633
Balance at June 30	676		553		65		63			724		642
Increase (decrease)	$	198	$	28	$	2	$	(6	)	$	10	$	9

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(1)	Of this amount, $150 million, $145 million, $137 million and $131 million as of June 30, 2018, January 1, 2018, June 30, 2017, and January 1, 2017, respectively, relates to mall deposits that are accounted for based on lease terms usually greater than one year.