Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2020

Earnings Per Share, Basic and Diluted [Abstract]

Schedule of Reconciliation of the Numerators and Denominators of the Basic and Diluted Net Income Per Share Computations

The following table illustrates the required disclosure of the reconciliation of the numerators and denominators of the basic and diluted net income per share computations during the years ended December 31, 2020, 2019 and 2018:

	Years Ended December 31,
(In millions, except per share amounts)	2020		2019		2018
Net (loss) income available to Caesars	$	(1,757)	$	81	$	95
Shares outstanding:
Weighted average shares outstanding – basic	130		78		77
Effect of dilutive securities:
Stock-based compensation awards	—		1		1
Weighted average shares outstanding – diluted	130		79		78
Basic (loss) income per share	$	(13.50)	$	1.04	$	1.23
Diluted (loss) income per share	$	(13.50)	$	1.03	$	1.22

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share

Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
	Years Ended December 31,
(In millions)	2020	2019	2018
Stock-based compensation awards	9	—	—
5% Convertible notes	4	—	—
Total anti-dilutive common stock	13	—	—