Debt (Tables)

12 Months Ended

Dec. 31, 2012

Debt Disclosure [Abstract]

Outstanding Debt

The following table presents our outstanding debt as of December 31, 2012 and 2011:

Detail of Debt (dollars in millions)	Final Maturity	Rate(s) at Dec. 31, 2012	Face Value at Dec. 31, 2012			Book Value at Dec. 31, 2012			Book Value at Dec. 31, 2011
Credit Facilities (c)
Term Loans B1 - B3	2015	3.21% - 3.31%	$	1,025.8		$	1,025.8		$	5,000.5
Term Loan B4	2016	9.50%	970.0			954.5			961.2
Term Loan B5	2018	4.46%	1,222.7			1,218.8			1,218.2
Term Loan B6	2018	5.46%	2,853.8			2,812.6			—
Revolving Credit Facility	2014	—	—			—			155.0
Revolving Credit Facility	2017	—	—			—			—
Secured Debt
Senior Secured Notes (c)	2017	11.25%	2,095.0			2,060.2			2,054.6
Senior Secured Notes (c)	2020	8.50%	1,250.0			1,250.0			—
Senior Secured Notes (c)	2020 (a)	9.00%	1,500.0			1,486.9			—
CMBS Financing	2015 (b)	3.21%	4,664.1			4,660.5			5,026.0
Second-Priority Senior Secured Notes (c)	2018	12.75%	750.0			742.9			742.1
Second-Priority Senior Secured Notes (c)	2018	10.00%	4,553.1			2,260.2			2,131.2
Second-Priority Senior Secured Notes (c)	2015	10.00%	214.8			173.7			164.2
Chester Downs Term Loan	—	—	—			—			221.3
Chester Downs Senior Secured Notes	2020	9.25%	330.0			330.0			—
PHW Las Vegas Senior Secured Loan	2015 (b)	3.07%	515.5			438.2			417.9
Linq/Octavius Senior Secured Loan	2017	9.25%	450.0			446.5			445.9
Bill's Gamblin' Hall & Saloon Credit Facility	2019	11.00%	185.0			181.4			—
Subsidiary-Guaranteed Debt (d)
Senior Notes	2016	10.75%	478.6			478.6			478.6
Senior PIK Toggle Notes	2018	10.75%/11.5%	9.7			9.7			8.6
Unsecured Senior Debt (c)
5.375%	2013	5.375%	125.2			116.6			108.6
7.00%	2013	7.00%	0.6			0.6			0.6
5.625%	2015	5.625%	364.5			306.7			287.7
6.50%	2016	6.50%	248.7			200.9			190.6
5.75%	2017	5.75%	147.9			108.7			107.2
Floating Rate Contingent Convertible Senior Notes	2024	0.57%	0.2			0.2			0.2
Other Unsecured Borrowings
Special Improvement District Bonds	2037	5.30%	64.3			64.3			65.7
Other	2014	—	47.7			47.7			0.4
Capitalized Lease Obligations	to 2017	3.57% - 11.0%	35.9			35.9			13.6
Total Debt			24,103.1			21,412.1			19,799.9
Current Portion of Long-Term Debt (a)			(905.1		)	(879.9		)	(40.4		)
Long-Term Debt			$	23,198.0		$	20,532.2		$	19,759.5

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^(a) Includes the note offering that occurred in December 2012. Although the notes mature in 2020, $750.0 million face value notes offered in December 2012 are classified as short-term obligations within our December 31, 2012 balance sheet because the escrow conditions were not met as of that date.

^(b) Based on our ability and intent, assumes the exercise of extension options to move the maturity from 2013 to 2015, subject to certain conditions.

^(c)  Guaranteed by Caesars Entertainment.

^(d)  Guaranteed by Caesars Entertainment and certain wholly-owned subsidiaries of CEOC.

Casino properties with mortgages under the Credit Facilities [Table Text Block]

At December 31, 2012, the following casino properties have mortgages under the Credit Facilities:

Las Vegas	Atlantic City	Louisiana/Mississippi	Iowa/Missouri
Caesars Palace	Bally’s Atlantic City	Harrah’s New Orleans	Harrah’s Council Bluffs
Bally’s Las Vegas	Caesars Atlantic City	(Hotel only)	Horseshoe Council Bluffs/
The Quad Resort & Casino	Showboat Atlantic City	Harrah’s Louisiana Downs	Bluffs Run
		Horseshoe Bossier City
		Harrah’s Tunica
		Horseshoe Tunica
		Tunica Roadhouse Hotel & Casino
Illinois/Indiana	Other Nevada
Horseshoe Southern Indiana	Harrah’s Reno
Harrah’s Metropolis	Harrah’s Lake Tahoe
Horseshoe Hammond	Harveys Lake Tahoe