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Quarterly Results of Operations (Tables)
 12 Months Ended
Dec. 31, 2012
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations
(In millions)
First
Quarter (1), (6)
 
Second
Quarter (2), (7)
 
Third
Quarter (3), (7)
 
Fourth
Quarter (4), (8)
2012
 
 
 
 
 
 
 
Net revenues
$
2,207.5

 
$
2,165.0

 
$
2,197.4

 
$
2,016.8

Income/(loss) from operations
60.1

 
187.7

 
(217.6
)
 
(343.6
)
Net loss
(281.1
)
 
(241.8
)
 
(503.4
)
 
(465.9
)
Net loss attributable to Caesars
(280.6
)
 
(241.7
)
 
(505.5
)
 
(469.7
)
Loss per share - basic and diluted
(2.24
)
 
(1.93
)
 
(4.03
)
 
(3.75
)
2011
 
 
 
 
 
 
 
Net revenues
$
2,115.3

 
$
2,160.9

 
$
2,188.9

 
$
2,108.2

Income from operations
198.0

 
235.7

 
183.8

 
198.8

Net loss
(144.8
)
 
(153.1
)
 
(173.4
)
 
(195.4
)
Net loss attributable to Caesars
(147.5
)
 
(155.5
)
 
(164.0
)
 
(220.6
)
Loss per share - basic and diluted (5)
(1.18
)
 
(1.24
)
 
(1.31
)
 
(1.76
)
____________________
(1) 
During the first quarter of 2012, the Company recorded impairments of $167.5 million. There were no impairments recorded in the first quarter of 2011.
(2) 
During the second quarter of 2012, the Company recorded impairments of $33.0 million. There were no impairments recorded in the second quarter of 2011.
(3) 
During the third quarter of 2012, the Company recorded impairments of $419.0 million. During the third quarter of 2011, the Company recorded impairments of $27.1 million.
(4) 
During the fourth quarter of 2012 the Company recorded impairments of $448.2 million. During the fourth quarter of 2011, the Company recorded impairments of $5.7 million.
(5) 
Because loss per share amounts are calculated using the weighted average number of common and dilutive common equivalent shares outstanding during each quarter, the sum of the per share amounts for the four quarters may not equal the total loss per share amounts for the year.

(6) 
Amounts presented for the first quarter of 2012 and 2011 have been recast to give effect to the Harrah's St. Louis casino disposition and the held for sale status of the subsidiaries that hold the Company's land concession in Macau as further discussed in Note 3, "Acquisitions, Investments, Dispositions and Divestitures." The table below recasts amounts as originally presented in our Consolidated Condensed Statements of Comprehensive Loss for the respective periods included in our Quarterly Report on Form 10-Q for the Quarterly Period Ended March 31, 2012.
Recast for discontinued operations
First Quarter
(In millions)
2012
 
2011
Net revenues as reported
$
2,271.9

 
$
2,179.0

Less net revenues attributable to discontinued operations
(64.4
)
 
(63.7
)
Net revenues as recasted
$
2,207.5

 
$
2,115.3

Income from operations as reported
$
75.5

 
$
213.5

Less income from operations attributable to discontinued operations
(15.4
)
 
(15.5
)
Income from operations as recasted
$
60.1

 
$
198.0


(7) 
Amounts presented for the second and third quarters of 2012 and 2011 have been recast to give effect to the held for sale status of the subsidiaries that hold the Company's land concession in Macau as further discussed in Note 3, "Acquisitions, Investments, Dispositions and Divestitures." The table below recasts amounts as originally presented in our Consolidated Condensed Statements of Comprehensive Loss for the respective periods included in our Quarterly Report on Form 10-Q for the Quarterly Period Ended June 30, 2012 or our Quarterly Report on Form 10-Q for the Quarterly Period Ended September 30, 2012, as appropriate.
Recast for discontinued operations
Second Quarter
 
Third Quarter
(In millions)
   2012 (a)
 
2011
 
2012
 
2011
Net revenues as reported
$
2,165.7

 
$
2,161.7

 
$
2,198.4

 
$
2,189.7

Less net revenues attributable to discontinued operations
(0.7
)
 
(0.8
)
 
(1.0
)
 
(0.8
)
Net revenues as recasted
$
2,165.0

 
$
2,160.9

 
$
2,197.4

 
$
2,188.9

Income/(loss) from operations as reported (a)
$
81.8

 
$
231.6

 
$
(220.6
)
 
$
179.8

Less loss from operations attributable to discontinued operations (a)
105.9

 
4.1

 
3.0

 
4.0

Income/(loss) from operations as recasted
$
187.7

 
$
235.7

 
$
(217.6
)
 
$
183.8

(a)
The amounts shown for the second quarter of 2012 include an impairment of $101.0 million related to the Company's land concession in Macau.

(8) 
Amounts presented for the fourth quarter of 2011 have been recast to give effect to the Harrah's St. Louis casino disposition and the held for sale status of the subsidiaries that hold the Company's land concession in Macau as further discussed in Note 3, "Acquisitions, Investments, Dispositions and Divestitures." The table below recasts the amounts as originally presented in our Note 24, "Quarterly Results of Operations (Unaudited)" included in Item 8 of our 2011 Form 10-K.
Recast for discontinued operations
Fourth Quarter
(In millions)
2011
Net revenues as reported
$
2,172.4

Less net revenues attributable to discontinued operations
(64.2
)
Net revenues as recasted
$
2,108.2

Income from operations as reported
$
211.6

Less income from operations attributable to discontinued operations
(12.8
)
Income from operations as recasted
$
198.8