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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Reconciliation of the Numerators and Denominators of the Basic and Diluted Net Loss Per Share Computations
The following table illustrates the reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share computations for the three and six months ended June 30, 2022 and 2021:
Three Months Ended June 30,Six Months Ended June 30,
(In millions, except per share data)2022202120222021
Net income (loss) from continuing operations attributable to Caesars, net of income taxes$34 $101 $(417)$(318)
Discontinued operations, net of income taxes(157)(30)(386)(34)
Net income (loss) attributable to Caesars$(123)$71 $(803)$(352)
Shares outstanding:
Weighted average shares outstanding – basic214 209 214 209 
Effect of dilutive securities:
Stock-based compensation awards— — 
Weighted average shares outstanding – diluted215 211 214 209 
Basic income (loss) per share from continuing operations$0.16 $0.48 $(1.95)$(1.52)
Basic loss per share from discontinued operations(0.73)(0.14)(1.80)(0.16)
Net income (loss) per common share attributable to common stockholders – basic:$(0.57)$0.34 $(3.75)$(1.68)
Diluted income (loss) per share from continuing operations$0.16 $0.48 $(1.95)$(1.52)
Diluted loss per share from discontinued operations(0.73)(0.14)(1.80)(0.16)
Net income (loss) per common share attributable to common stockholders – diluted:$(0.57)$0.34 $(3.75)$(1.68)
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share
Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
Three Months Ended June 30,Six Months Ended June 30,
(In millions)2022202120222021
Stock-based compensation awards— 
Total anti-dilutive common stock—