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Schedule I (Notes)
12 Months Ended
Dec. 31, 2012
Condensed Financial Statements, Captions [Line Items]  
Background and basis of presentation
Background and basis of presentation
These condensed parent company financial statements have been prepared in accordance with Rule 12-04, Schedule 1 of Regulation S-X, as the restricted net assets of Caesars Entertainment Corporation and its subsidiaries exceed 25% of the consolidated net assets of Caesars Entertainment Corporation and its subsidiaries (the “Company”). This information should be read in conjunction with the company's consolidated financial statements included elsewhere in this filing.
Restricted net assets of subsidiaries
Restricted net assets of subsidiaries
Certain of the Company's subsidiaries have restrictions on their ability to pay dividends or make intercompany loans and advances pursuant to financing arrangements and regulatory restrictions. The amount of restricted net assets the Company's consolidated subsidiaries held at December 31, 2012 and 2011 was approximately $1.2 billion and $1.1 billion, respectively. Such restrictions are on net assets of Caesars Entertainment Corporation and its subsidiaries. The amount of restricted net assets in the Company's unconsolidated subsidiaries was not material to the financial statements.
Commitments, contingencies and long-term obligations
Commitments, contingencies and long-term obligations
For a discussion of the Company's commitments, contingencies and long term obligations under its senior secured credit facility, see Notes 8 and 15 of the Company's consolidated financial statements.
Parent Company [Member]
 
Condensed Financial Statements, Captions [Line Items]  
CONDENSED FINANCIAL INFORMATION OF REGISTRANT
CONDENSED FINANCIAL INFORMATION OF REGISTRANT PARENT COMPANY ONLY
CAESARS ENTERTAINMENT CORPORATION
CONDENSED BALANCE SHEETS
(In millions)
 
As of December 31,
 
2012
 
2011
Assets
 
 
 
Current assets
 
 
 
Cash and cash equivalents
$
7.4

 
$
3.9

Receivables, less allowance for doubtful accounts
0.1

 

Prepayments and other current assets
5.0

 

Intercompany receivables
29.6

 
15.7

Total current assets
42.1

 
19.6

Investments in subsidiaries

 
535.8

Deferred charges and other
7.5

 
5.0

Intercompany receivables
563.1

 
469.0

 
$
612.7

 
$
1,029.4

 
 
 
 
Liabilities and Stockholders’ (Deficit)/Equity
 
 
 
Current liabilities
 
 
 
Accounts payable
$
3.9

 
$
0.2

Accrued expenses
3.7

 
7.5

Intercompany payables
15.9

 
15.0

Total current liabilities
23.5

 
22.7

Accumulated losses of subsidiaries in excess of investment
925.4

 

Deferred credits and other
4.1

 

Intercompany payables
55.0

 

 
1,008.0

 
22.7

Total stockholders’ (deficit)/equity
(395.3
)
 
1,006.7

 
$
612.7

 
$
1,029.4

CONDENSED FINANCIAL INFORMATION OF REGISTRANT PARENT COMPANY ONLY
CAESARS ENTERTAINMENT CORPORATION
CONDENSED STATEMENT OF COMPREHENSIVE LOSS
(In millions)
 
Year Ended December 31,
 
2012
 
2011
 
2010
Net revenues
$

 
$

 
$

Operating expenses
 
 
 
 
 
Write-downs, reserves, and project opening costs, net of recoveries
15.0

 

 

Loss on interests in subsidiaries
1,464.3

 
693.4

 
816.5

Corporate expense
28.2

 
22.7

 
23.3

Acquisition and integration costs

 
0.1

 
0.8

Total operating expenses
1,507.5

 
716.2

 
840.6

Loss from operations
(1,507.5
)
 
(716.2
)
 
(840.6
)
Interest expense, net of interest capitalized
(1.0
)
 

 
(3.1
)
Other income, including interest income
18.3

 
25.5

 
4.5

Loss from operations before income taxes
(1,490.2
)
 
(690.7
)
 
(839.2
)
Benefit for income taxes
9.1

 
3.1

 
8.1

Net loss
(1,481.1
)
 
(687.6
)
 
(831.1
)
Other comprehensive income/(loss), net of income taxes

 

 

Comprehensive loss
$
(1,481.1
)
 
$
(687.6
)
 
$
(831.1
)
CONDENSED FINANCIAL INFORMATION OF REGISTRANT PARENT COMPANY ONLY
CAESARS ENTERTAINMENT CORPORATION
CONDENSED STATEMENT OF CASH FLOWS
(In millions)
  
Year Ended December 31,
  
2012
 
2011
 
2010
Cash flows from operating activities
$
258.6

 
$
182.9

 
$
753.9

Cash flows from investing activities
 
 
 
 
 
Payments to acquire businesses, net of transaction costs and cash acquired

 
(123.5
)
 

Purchase of additional interest in subsidiary
(232.5
)
 

 

Other
(0.8
)
 

 

Cash flows used in investing activities
(233.3
)
 
(123.5
)
 

Cash flows from financing activities
 
 
 
 
 
Issuance of common stock, net of fees
17.4

 

 

Other

 
(1.7
)
 
(1.6
)
Transfer to affiliates
(39.2
)
 
(189.8
)
 
(739.0
)
Cash flows provided by financing activities
(21.8
)
 
(191.5
)
 
(740.6
)
Net increase/(decrease) in cash and cash equivalents
3.5

 
(132.1
)
 
13.3

Cash and cash equivalents, beginning of period
3.9

 
136.0

 
122.7

Cash and cash equivalents, end of period
$
7.4

 
$
3.9

 
$
136.0