Acquisitions, Investments, Dispositions and Divestitures (Tables)

6 Months Ended

Jun. 30, 2013

Business Combinations [Abstract]

Components of Assets and Liabilities Held for Sale

Assets and liabilities classified as held for sale relate to the subsidiaries that hold our land concessions in Macau and are as follows:

(In millions)	June 30, 2013		December 31, 2012
Assets
Cash and cash equivalents	$	4.8	$	4.7
Other current assets	0.6		0.4
Assets held for sale, current	$	5.4	$	5.1
Property and equipment, net	$	441.1	$	471.2
Assets held for sale, non-current	$	441.1	$	471.2
Liabilities
Accounts payable and accrued expenses	$	3.6	$	3.8
Liabilities held for sale, current	$	3.6	$	3.8
Deferred credits and other	$	0.2	$	0.2
Deferred income taxes	49.4		51.9
Liabilities held for sale, non-current	$	49.6	$	52.1

Income from Discontinued Operations

Net revenues, pre-tax (loss)/income from operations, and (loss)/income, net of income taxes presented as discontinued operations are as follows:

	Quarter Ended June 30,						Six Months Ended June 30,
(In millions)	2013			2012			2013			2012
Net revenues
Harrah's St. Louis	$	—		$	64.9		$	—		$	128.5
Macau	0.8			0.7			1.8			1.6
Alea Leeds	—			1.2			0.7			2.7
Total net revenues	$	0.8		$	66.8		$	2.5		$	132.8
Pre-tax income/(loss) from operations
Harrah's St. Louis	$	—		$	22.9		$	(0.7	)	$	41.9
Macau	0.2			(105.9		)	(20.5		)	(109.6		)
Alea Leeds	(0.5		)	(1.4		)	(23.0		)	(2.5		)
Total pre-tax loss from discontinued  operations	$	(0.3	)	$	(84.4	)	$	(44.2	)	$	(70.2	)
Income/(loss), net of income taxes
Harrah's St. Louis	$	—		$	14.1		$	(0.4	)	$	25.7
Macau	0.2			(93.2		)	(18.0		)	(96.4		)
Alea Leeds	(0.5		)	(1.4		)	(23.0		)	(2.5		)
Total loss from discontinued operations, net of  income taxes	$	(0.3	)	$	(80.5	)	$	(41.4	)	$	(73.2	)