Condensed Consolidating Financial Information of Guarantors and Issuers (Tables)

12 Months Ended

Dec. 31, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Condensed Consolidating Balance Sheet

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2013

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)		Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)		Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)		Consolidating/ Eliminating Adjustments			Total
Assets
Current assets
Cash and cash equivalents	$	113.3		$	996.4		$	293.6	$	1,367.9	$	1,661.5	$	—		$	2,771.2
Restricted cash	30.5			—			1.0		56.0		57.0		—			87.5
Receivables, net	0.1			45.4			411.5		162.9		574.4		—			619.9
Deferred income taxes	—			—			113.8		8.7		122.5		(113.8		)	8.7
Prepayments and other current assets	—			26.1			83.7		130.1		213.8		(2.5		)	237.4
Inventories	—			0.3			28.4		16.9		45.3		—			45.6
Intercompany receivables	0.8			358.7			146.2		68.4		214.6		(574.1		)	—
Assets held for sale	—			—			—		—		—		—			—
Total current assets	144.7			1,426.9			1,078.2		1,810.9		2,889.1		(690.4		)	3,770.3
Property and equipment, net	—			204.9			6,980.1		6,056.4		13,036.5		(3.5		)	13,237.9
Goodwill	—			—			1,260.2		1,803.1		3,063.3		—			3,063.3
Intangible assets other than goodwill	—			3.5			2,837.5		646.7		3,484.2		—			3,487.7
Investments in subsidiaries	—			8,712.1			258.1		958.1		1,216.2		(9,928.3		)	—
Investments in and advances to non-consolidated affiliates	—			—			3.5		173.3		176.8		—			176.8
Restricted cash	20.0			—			—		316.8		316.8		—			336.8
Deferred charges and other	1.0			283.5			154.8		258.3		413.1		(93.4		)	604.2
Deferred income taxes	7.8			254.7			—		11.3		11.3		(273.8		)	—
Intercompany receivables	340.5			1,092.8			585.4		55.0		640.4		(2,073.7		)	—
Assets held for sale	—			—			11.9		—		11.9		—			11.9
	$	514.0		$	11,978.4		$	13,169.7	$	12,089.9	$	25,259.6	$	(13,063.1	)	$	24,688.9
Liabilities and Stockholders’ Equity/(Deficit)
Current liabilities
Accounts payable	$	0.3		$	101.0		$	181.7	$	159.7	$	341.4	$	—		$	442.7
Accrued expenses and other current liabilities	3.8			187.5			486.6		536.9		1,023.5		(2.5		)	1,212.3
Interest payable	—			282.4			1.4		105.7		107.1		—			389.5
Deferred income taxes	—			363.5			—		39.5		39.5		(113.8		)	289.2
Current portion of long-term debt	—			86.0			23.6		87.5		111.1		—			197.1
Intercompany payables	5.3			9.6			317.3		241.9		559.2		(574.1		)	—
Total current liabilities	9.4			1,030.0			1,010.6		1,171.2		2,181.8		(690.4		)	2,530.8
Long-term debt	—			16,034.0			92.1		5,768.9		5,861.0		(976.6		)	20,918.4
Accumulated losses of subsidiaries in excess of investment	3,582.1			—			—		—		—		(3,582.1		)	—
Deferred credits and other	—			317.9			214.3		222.5		436.8		(87.2		)	667.5
Deferred income taxes	—			14.6			1,552.2		1,176.1		2,728.3		(266.9		)	2,476.0
Intercompany payables	55.0			285.4			871.2		862.1		1,733.3		(2,073.7		)	—
Liabilities held for sale	—			—			—		—		—		—			—
	3,646.5			17,681.9			3,740.4		9,200.8		12,941.2		(7,676.9		)	26,592.7
Total Caesars stockholders’ equity/(deficit)	(3,132.5		)	(5,703.5		)	9,429.3		1,670.9		11,100.2		(5,386.2		)	(3,122.0		)
Noncontrolling interests	—			—			—		1,218.2		1,218.2		—			1,218.2
Total equity/(deficit)	(3,132.5		)	(5,703.5		)	9,429.3		2,889.1		12,318.4		(5,386.2		)	(1,903.8		)
	$	514.0		$	11,978.4		$	13,169.7	$	12,089.9	$	25,259.6	$	(13,063.1	)	$	24,688.9

CONDENSED CONSOLIDATING BALANCE SHEET

DECEMBER 31, 2012

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)		Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)		Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)		Consolidating/ Eliminating Adjustments			Total
Assets
Current assets
Cash and cash equivalents	$	7.4		$	911.9		$	353.8	$	484.4	$	838.2	$	—		$	1,757.5
Restricted cash	—			—			—		833.6		833.6		—			833.6
Receivables, net	0.1			19.5			348.0		212.9		560.9		—			580.5
Deferred income taxes	—			17.4			75.7		21.8		97.5		—			114.9
Prepayments and other current assets	5.0			8.3			66.8		69.9		136.7		—			150.0
Inventories	—			0.3			31.7		20.0		51.7		—			52.0
Intercompany receivables	29.6			295.5			136.8		97.2		234.0		(559.1		)	—
Assets held for sale	—			—			—		5.1		5.1		—			5.1
Total current assets	42.1			1,252.9			1,012.8		1,744.9		2,757.7		(559.1		)	3,493.6
Property and equipment, net	—			189.9			8,534.6		6,977.2		15,511.8		—			15,701.7
Goodwill	—			—			1,331.0		1,829.3		3,160.3		—			3,160.3
Intangible assets other than goodwill	—			4.2			3,183.0		798.5		3,981.5		—			3,985.7
Investments in subsidiaries	—			11,669.6			920.3		790.7		1,711.0		(13,380.6		)	—
Investments in and advances to non-consolidated affiliates	—			—			3.0		97.4		100.4		—			100.4
Restricted cash	—			—			—		364.6		364.6		—			364.6
Deferred charges and other	7.5			298.4			184.8		236.6		421.4		(6.7		)	720.6
Intercompany receivables	563.1			1,089.6			585.9		153.8		739.7		(2,392.4		)	—
Assets held for sale	—			—			—		471.2		471.2		—			471.2
	$	612.7		$	14,504.6		$	15,755.4	$	13,464.2	$	29,219.6	$	(16,338.8	)	$	27,998.1
Liabilities and Stockholders’ Equity/(Deficit)
Current liabilities
Accounts payable	$	3.9		$	75.9		$	156.5	$	139.9	$	296.4	$	—		$	376.2
Accrued expenses and other current liabilities	3.7			164.7			434.7		495.4		930.1		—			1,098.5
Interest payable	—			176.0			0.4		57.3		57.7		—			233.7
Current portion of long-term debt	—			126.2			10.7		743.0		753.7		—			879.9
Intercompany payables	15.9			88.1			284.8		170.3		455.1		(559.1		)	—
Total current liabilities	23.5			630.9			887.1		1,605.9		2,493.0		(559.1		)	2,588.3
Long-term debt	—			15,257.0			64.8		6,122.9		6,187.7		(912.5		)	20,532.2
Accumulated losses of subsidiaries in excess of investment	925.4			—			—		—		—		(925.4		)	—
Deferred credits and other	4.1			535.0			160.2		123.7		283.9		—			823.0
Deferred income taxes	—			422.6			2,188.9		1,714.7		3,903.6		7.9			4,334.1
Intercompany payables	55.0			614.5			871.7		851.2		1,722.9		(2,392.4		)	—
Liabilities held for sale	—			—			—		52.1		52.1		—			52.1
	1,008.0			17,460.0			4,172.7		10,470.5		14,643.2		(4,781.5		)	28,329.7
Total Caesars stockholders’ equity/(deficit)	(395.3		)	(2,955.4		)	11,582.7		2,913.6		14,496.3		(11,557.3		)	(411.7		)
Noncontrolling interests	—			—			—		80.1		80.1		—			80.1
Total equity/(deficit)	(395.3		)	(2,955.4		)	11,582.7		2,993.7		14,576.4		(11,557.3		)	(331.6		)
	$	612.7		$	14,504.6		$	15,755.4	$	13,464.2	$	29,219.6	$	(16,338.8	)	$	27,998.1

Condensed Consolidating Statement of Comprehensive Income/(Loss)

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)

FOR THE YEAR ENDED DECEMBER 31, 2013

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Revenues
Casino	$	—		$	56.4		$	3,617.8		$	2,134.6		$	5,752.4		$	—		$	5,808.8
Food and beverage	—			13.2			821.1			675.7			1,496.8			—			1,510.0
Rooms	—			15.9			628.7			575.0			1,203.7			—			1,219.6
Management fees	—			1.2			54.2			23.2			77.4			(21.6		)	57.0
Other	—			55.0			332.0			672.7			1,004.7			(184.9		)	874.8
Reimbursed management costs	—			0.1			52.7			233.8			286.5			(18.5		)	268.1
Less: casino promotional allowances	—			(17.3		)	(698.6		)	(462.7		)	(1,161.3		)	—			(1,178.6		)
Net revenues	—			124.5			4,807.9			3,852.3			8,660.2			(225.0		)	8,559.7
Operating expenses
Direct
Casino	—			36.7			2,075.6			1,168.2			3,243.8			—			3,280.5
Food and beverage	—			5.7			339.5			313.2			652.7			—			658.4
Rooms	—			2.4			145.5			157.5			303.0			—			305.4
Property, general, administrative, and other	—			31.5			1,166.1			1,137.3			2,303.4			(166.3		)	2,168.6
Reimbursable management costs	—			0.1			52.7			233.8			286.5			(18.5		)	268.1
Depreciation and amortization	—			4.0			342.3			219.1			561.4			(0.2		)	565.2
Write-downs, reserves, and project opening costs, net of recoveries	—			0.4			33.5			70.5			104.0			—			104.4
Impairment of intangible and tangible assets	—			0.9			1,866.6			1,151.4			3,018.0			—			3,018.9
(Income)/loss on interests in non-consolidated affiliates	(0.4		)	—			(0.6		)	18.6			18.0			—			17.6
(Income)/loss on interests in subsidiaries	2,923.0			1,008.2			102.2			—			102.2			(4,033.4		)	—
Corporate expense	16.0			115.7			21.8			48.0			69.8			(40.1		)	161.4
Acquisition and integration costs	—			12.3			0.1			68.9			69.0			—			81.3
Amortization of intangible assets	—			0.7			86.7			77.1			163.8			—			164.5
Total operating expenses	2,938.6			1,218.6			6,232.0			4,663.6			10,895.6			(4,258.5		)	10,794.3
Iincome/(loss) from operations	(2,938.6		)	(1,094.1		)	(1,424.1		)	(811.3		)	(2,235.4		)	4,033.5			(2,234.6		)
Interest expense	2.3			(2,075.5		)	(57.5		)	(350.1		)	(407.6		)	227.8			(2,253.0		)
Gains/(losses) on early extinguishments of debt	—			(29.5		)	(2.0		)	1.7			(0.3		)	—			(29.8		)
Gain/(loss) on partial sale of subsidiary	—			—			(8.9		)	53.0			44.1			—			44.1
Other income, including interest income	23.1			60.5			22.8			190.9			213.7			(283.5		)	13.8
Income/(loss) from continuing operations before income taxes	(2,913.2		)	(3,138.6		)	(1,469.7		)	(915.8		)	(2,385.5		)	3,977.8			(4,459.5		)
Benefit/(provision) for income taxes	(0.1		)	797.5			481.9			257.6			739.5			12.8			1,549.7
Income/(loss) from continuing operations, net of income taxes	(2,913.3		)	(2,341.1		)	(987.8		)	(658.2		)	(1,646.0		)	3,990.6			(2,909.8		)
Discontinued operations																			—
Income/(loss) from discontinued operations	—			—			(0.8		)	(29.0		)	(29.8		)	—			(29.8		)
Benefit/(provision) for income taxes	—			—			0.3			(0.5		)	(0.2		)	—			(0.2		)
Loss from discontinued operations, net of income taxes	—			—			(0.5		)	(29.5		)	(30.0		)	—			(30.0		)
Net income/(loss)	(2,913.3		)	(2,341.1		)	(988.3		)	(687.7		)	(1,676.0		)	3,990.6			(2,939.8		)
Less: net income attributable to noncontrolling interests	—			—			—			(8.4		)	(8.4		)	—			(8.4		)
Net income/(loss) attributable to Caesars	(2,913.3		)	(2,341.1		)	(988.3		)	(696.1		)	(1,684.4		)	3,990.6			(2,948.2		)
Other comprehensive income/(loss), net of income taxes:
Total other comprehensive income/(loss), net of income taxes	—			3.5			—			79.3			79.3			(121.2		)	(38.4		)
Less: foreign currency translation adjustments attributable to noncontrolling interests, net of income taxes	—			—			—			0.1			0.1			—			0.1
Comprehensive income/(loss) attributable to Caesars	$	(2,913.3	)	$	(2,337.6	)	$	(988.3	)	$	(616.7	)	$	(1,605.0	)	$	3,869.4		$	(2,986.5	)

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)

FOR THE YEAR ENDED DECEMBER 31, 2012

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Revenues
Casino	$	—		$	53.9		$	3,875.5		$	2,313.6		$	6,189.1		$	—		$	6,243.0
Food and beverage	—			12.5			812.8			682.3			1,495.1			—			1,507.6
Rooms	—			17.8			626.3			561.4			1,187.7			—			1,205.5
Management fees	—			3.9			56.2			11.6			67.8			(24.4		)	47.3
Other	—			54.0			347.1			541.3			888.4			(180.4		)	762.0
Reimbursed management costs	—			—			28.4			38.7			67.1			—			67.1
Less: casino promotional allowances	—			(19.0		)	(744.3		)	(488.8		)	(1,233.1		)	—			(1,252.1		)
Net revenues	—			123.1			5,002.0			3,660.1			8,662.1			(204.8		)	8,580.4
Operating expenses
Direct
Casino	—			37.7			2,204.8			1,310.5			3,515.3			—			3,553.0
Food and beverage	—			5.9			330.9			320.8			651.7			—			657.6
Rooms	—			1.7			140.4			155.5			295.9			—			297.6
Property, general, administrative, and other	—			23.5			1,137.4			1,041.3			2,178.7			(158.7		)	2,043.5
Reimbursable management costs	—			—			28.4			38.7			67.1			—			67.1
Depreciation and amortization	—			6.7			445.4			262.3			707.7			—			714.4
Write-downs, reserves, and project opening costs, net of recoveries	15.0			12.1			57.1			15.5			72.6			—			99.7
Impairment of intangible and tangible assets	—			—			1,064.7			9.5			1,074.2			—			1,074.2
Loss on interests in non-consolidated affiliates	—			—			0.5			17.0			17.5			—			17.5
(Income)/loss on interests in subsidiaries	1,464.3			460.8			(6.6		)	—			(6.6		)	(1,918.5		)	—
Corporate expense	28.2			126.1			32.0			54.9			86.9			(46.2		)	195.0
Acquisition and integration costs	—			4.8			—			1.3			1.3			—			6.1
Amortization of intangible assets	—			0.7			102.3			71.6			173.9			—			174.6
Total operating expenses	1,507.5			680.0			5,537.3			3,298.9			8,836.2			(2,123.4		)	8,900.3
Income/(loss) from operations	(1,507.5		)	(556.9		)	(535.3		)	361.2			(174.1		)	1,918.6			(319.9		)
Interest expense	(1.0		)	(1,934.2		)	(55.5		)	(336.6		)	(392.1		)	227.0			(2,100.3		)
Gains on early extinguishments of debt	—			—			—			136.0			136.0			—			136.0
Other income, including interest income	18.3			79.2			21.2			159.0			180.2			(252.2		)	25.5
Income/(loss) from continuing operations before income taxes	(1,490.2		)	(2,411.9		)	(569.6		)	319.6			(250.0		)	1,893.4			(2,258.7		)
Benefit/(provision) for income taxes	9.1			732.0			174.4			(88.5		)	85.9			43.5			870.5
Income/(loss)from continuing operations, net of income taxes	(1,481.1		)	(1,679.9		)	(395.2		)	231.1			(164.1		)	1,936.9			(1,388.2		)
Discontinued operations
Income/(loss) from discontinued operations	—			—			62.1			(126.6		)	(64.5		)	—			(64.5		)
Benefit/(provision) for income taxes	—			—			(29.1		)	13.7			(15.4		)	(34.7		)	(50.1		)
Income/(loss) from discontinued operations, net of income taxes	—			—			33.0			(112.9		)	(79.9		)	(34.7		)	(114.6		)
Net income/(loss)	(1,481.1		)	(1,679.9		)	(362.2		)	118.2			(244.0		)	1,902.2			(1,502.8		)
Less: net income attributable to noncontrolling interests	—			—			—			(5.3		)	(5.3		)	—			(5.3		)
Net income/(loss) attributable to Caesars	(1,481.1		)	(1,679.9		)	(362.2		)	112.9			(249.3		)	1,902.2			(1,508.1		)
Other comprehensive income/(loss), net of income taxes:
Total other comprehensive income/(loss), net of income taxes	—			(25.0		)	—			(34.4		)	(34.4		)	96.6			37.2
Less: foreign currency translation adjustments attributable to noncontrolling interests, net of income taxes	—			—			—			(1.1		)	(1.1		)	—			(1.1		)
Comprehensive income/(loss) attributable to Caesars	$	(1,481.1	)	$	(1,704.9	)	$	(362.2	)	$	77.4		$	(284.8	)	$	1,998.8		$	(1,472.0	)

CONDENSED CONSOLIDATING STATEMENTS OF COMPREHENSIVE INCOME/(LOSS)

FOR THE YEAR ENDED DECEMBER 31, 2011

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Revenues
Casino	$	—		$	62.6		$	3,952.2		$	2,375.1		$	6,327.3		$	—		$	6,389.9
Food and beverage	—			14.2			820.7			671.2			1,491.9			—			1,506.1
Rooms	—			16.7			605.8			570.6			1,176.4			—			1,193.1
Management fees	—			—			66.1			3.0			69.1			(33.3		)	35.8
Other	—			46.5			353.1			393.0			746.1			(145.5		)	647.1
Reimbursed management costs	—			—			26.9			—			26.9			—			26.9
Less: casino promotional allowances	—			(19.0		)	(725.6		)	(487.7		)	(1,213.3		)	—			(1,232.3		)
Net revenues	—			121.0			5,099.2			3,525.2			8,624.4			(178.8		)	8,566.6
Operating expenses
Direct
Casino	—			40.9			2,243.8			1,330.5			3,574.3			—			3,615.2
Food and beverage	—			6.7			337.8			312.5			650.3			—			657.0
Rooms	—			2.0			133.3			150.9			284.2			—			286.2
Property, general, administrative, and other	—			54.2			1,208.8			971.0			2,179.8			(140.5		)	2,093.5
Reimbursable management costs	—			—			26.9			—			26.9			—			26.9
Depreciation and amortization	—			6.8			427.5			242.7			670.2			—			677.0
Write-downs, reserves, and project opening costs, net of recoveries	—			46.6			24.6			2.6			27.2			—			73.8
Impairment of intangible and tangible assets	—			—			11.0			21.8			32.8			—			32.8
Loss on interests in non-consolidated affiliates	—			—			1.8			6.1			7.9			—			7.9
(Income)/loss on interests in subsidiaries	693.4			(421.9		)	(44.7		)	—			(44.7		)	(226.8		)	—
Corporate expense	22.7			98.4			22.3			47.7			70.0			(38.3		)	152.8
Acquisition and integration costs	0.1			1.0			1.1			2.1			3.2			—			4.3
Amortization of intangible assets	—			0.7			93.6			62.4			156.0			—			156.7
Total operating expenses	716.2			(164.6		)	4,487.8			3,150.3			7,638.1			(405.6		)	7,784.1
Income/(loss) from operations	(716.2		)	285.6			611.4			374.9			986.3			226.8			782.5
Interest expense	—			(1,953.3		)	(50.2		)	(328.0		)	(378.2		)	209.8			(2,121.7		)
Gains on early extinguishments of debt	—			—			—			47.9			47.9			—			47.9
Other income, including interest income	25.5			70.7			17.6			134.2			151.8			(222.7		)	25.3
Income/(loss) from continuing operations before income taxes	(690.7		)	(1,597.0		)	578.8			229.0			807.8			213.9			(1,266.0		)
Benefit/(provision) for income taxes	3.1			776.8			(215.3		)	(46.1		)	(261.4		)	16.1			534.6
Income/(loss) from continuing operations, net of income taxes	(687.6		)	(820.2		)	363.5			182.9			546.4			230.0			(731.4		)
Discontinued operations
Income/(loss) from discontinued operations	—			—			75.3			(20.2		)	55.1			—			55.1
Benefit/(provision) for income taxes	—			—			(13.4		)	1.7			(11.7		)	(16.1		)	(27.8		)
Income/(loss) from discontinued operations, net of income taxes	—			—			61.9			(18.5		)	43.4			(16.1		)	27.3
Net income/(loss)	(687.6		)	(820.2		)	425.4			164.4			589.8			213.9			(704.1		)
Less: net income attributable to noncontrolling interests	—			—			—			(20.9		)	(20.9		)	—			(20.9		)
Net income/(loss) attributable to Caesars	(687.6		)	(820.2		)	425.4			143.5			568.9			213.9			(725.0		)
Other comprehensive income/(loss), net of income taxes:
Total other comprehensive income/(loss), net of income taxes	—			112.9			—			(1.8		)	(1.8		)	—			111.1
Less: foreign currency translation adjustments attributable to noncontrolling interests, net of income taxes	—			—			—			(1.3		)	(1.3		)	—			(1.3		)
Comprehensive income/(loss) attributable to Caesars	$	(687.6	)	$	(707.3	)	$	425.4		$	140.4		$	565.8		$	213.9		$	(615.2	)

Condensed Consolidating Statement of Cash Flows

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED DECEMBER 31, 2013

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Cash flows from operating activities	$	407.9		$	(906.6	)	$	330.0		$	52.2		$	382.2		$	7.1		$	(109.4	)
Cash flows from investing activities
Acquisitions of property and equipment, net of change in related payables	—			(18.7		)	(376.5		)	(331.1		)	(707.6		)	—			(726.3		)
Change in restricted cash	(50.5		)	—			(1.0		)	825.4			824.4			—			773.9
Purchase of additional interest in subsidiaries	(581.2		)	(15.8		)	—			—			—			597.0			—
Purchase of Linq/Octavius from non-guarantor	(80.7		)	—			—			80.7			80.7			—			—
Proceeds from partial sale of subsidiary, net of cash deconsolidated	—			—			(25.7		)	76.1			50.4			—			50.4
Payments to acquire businesses, net of transaction costs and cash acquired	—			—			—			(19.5		)	(19.5		)	—			(19.5		)
Investments in/advances to non-consolidated affiliates and other	—			—			—			(38.6		)	(38.6		)	—			(38.6		)
Dividends received	—			831.0			74.2			—			74.2			(905.2		)	—
Purchases of investment securities	—			—			—			(30.0		)	(30.0		)	—			(30.0		)
Proceeds from the sale and maturity of investment securities	—			—			—			67.4			67.4			—			67.4
Proceeds received from (paid for) sale of assets	(29.0		)	29.0			—			—			—			—			—
Other	(0.4		)	—			(8.9		)	(3.2		)	(12.1		)	—			(12.5		)
Cash flows from investing activities	(741.8		)	825.5			(337.9		)	627.2			289.3			(308.2		)	64.8
Cash flows from financing activities
Proceeds from the issuance of long-term debt	—			127.2			—			5,911.5			5,911.5			—			6,038.7
Assumption of debt issued by non-guarantors	—			2,199.4			—			(2,199.4		)	(2,199.4		)	—			—
Debt issuance and extension costs and fees	—			(52.2		)	—			(100.6		)	(100.6		)	—			(152.8		)
Cash paid for early extinguishments of debt	—			(1,783.3		)	—			(4,728.8		)	(4,728.8		)	—			(6,512.1		)
Scheduled debt retirements	—			(91.3		)	(1.5		)	—			(1.5		)	—			(92.8		)
Dividends paid	—			—			(48.4		)	(856.8		)	(905.2		)	905.2			—
Purchase of additional interests in subsidiaries	—			—			—			(10.0		)	(10.0		)	—			(10.0		)
Sales of noncontrolling interests, net of fees	—			—			—			1,197.5			1,197.5			—			1,197.5
Distributions to noncontrolling interest owners	—			—			—			(19.9		)	(19.9		)	—			(19.9		)
Issuance of common stock, net of fees	217.2			—			—			—			—			—			217.2
Other	—			—			(8.2		)	(6.5		)	(14.7		)	—			(14.7		)
Transfer (to)/from affiliates	222.6			(234.2		)	6.3			609.4			615.7			(604.1		)	—
Cash flows from financing activities	439.8			165.6			(51.8		)	(203.6		)	(255.4		)	301.1			651.1
Cash flows from discontinued operations
Cash flows from operating activities	—			—			(0.5		)	(8.9		)	(9.4		)	—			(9.4		)
Cash flows from investing activities	—			—			—			411.9			411.9			—			411.9
Cash flows from financing activities	—			—			—			—			—			—			—
Net cash from discontinued operations	—			—			(0.5		)	403.0			402.5			—			402.5
Net increase/(decrease) in cash and cash equivalents	105.9			84.5			(60.2		)	878.8			818.6			—			1,009.0
Change in cash classified as assets held for sale	—			—			—			4.7			4.7			—			4.7
Cash and cash equivalents, beginning of period	7.4			911.9			353.8			484.4			838.2			—			1,757.5
Cash and cash equivalents, end of period	$	113.3		$	996.4		$	293.6		$	1,367.9		$	1,661.5		$	—		$	2,771.2

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED DECEMBER 31, 2012

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Cash flows from operating activities	$	258.6		$	94.6		$	(505.1	)	$	144.9		$	(360.2	)	$	37.2		$	30.2
Cash flows from investing activities
Acquisitions of property and equipment, net of change in related payables	—			(9.6		)	(205.3		)	(292.2		)	(497.5		)	—			(507.1		)
Change in restricted cash	—			—			—			(680.5		)	(680.5		)	—			(680.5		)
Return of investment in subsidiary	—			—			92.5			—			92.5			(92.5		)	—
Purchase of additional interest in subsidiary	(232.5		)	(28.1		)	—			—			—			260.6			—
Proceeds from the sale of subsidiary, net of cash contributed	—			—			—			42.4			42.4			—			42.4
Payments to acquire businesses, net of transaction costs and cash acquired	—			—			—			(37.9		)	(37.9		)	—			(37.9		)
Investments in/advances to non-consolidated affiliates and other	—			—			—			(28.1		)	(28.1		)	—			(28.1		)
Purchases of investment securities	—			—			—			(39.2		)	(39.2		)	—			(39.2		)
Proceeds from the sale and maturity of investment securities	—			—			—			31.6			31.6			—			31.6
Other	(0.8		)	—			(6.8		)	2.1			(4.7		)	—			(5.5		)
Cash flows from investing activities	(233.3		)	(37.7		)	(119.6		)	(1,001.8		)	(1,121.4		)	168.1			(1,224.3		)
Cash flows from financing activities
Proceeds from the issuance of long-term debt	—			432.2			—			3,277.2			3,277.2			—			3,709.4
Assumption of debt issued by non-guarantors	—			1,981.3			—			(1,981.3		)	(1,981.3		)	—			—
Debt issuance costs and fees	—			(38.9		)	—			(11.7		)	(11.7		)	—			(50.6		)
Borrowings under lending agreements	—			453.0			—			—			—			—			453.0
Repayments under lending agreements	—			(608.0		)	—			—			—			—			(608.0		)
Cash paid for early extinguishments of debt	—			(1,574.3		)	—			(462.3		)	(462.3		)	—			(2,036.6		)
Scheduled debt retirements	—			(14.4		)	(1.4		)	—			(1.4		)	—			(15.8		)
Purchase of additional interests in subsidiary	—			—			(9.6		)	—			(9.6		)	—			(9.6		)
Sale of noncontrolling interests, net of fees	—			—			—			37.6			37.6			—			37.6
Distributions to noncontrolling interest owners	—			—			—			(10.7		)	(10.7		)	—			(10.7		)
Issuance of common stock, net of fees	17.4			—			—			—			—			—			17.4
Other	—			—			(10.8		)	(2.7		)	(13.5		)	—			(13.5		)
Transfer (to)/from affiliates	(39.2		)	207.5			—			2.3			2.3			(170.6		)	—
Cash flows from financing activities	(21.8		)	838.4			(21.8		)	848.4			826.6			(170.6		)	1,472.6
Cash flows from discontinued operations
Cash flows from operating activities	—			—			17.5			(3.4		)	14.1			(34.7		)	(20.6		)
Cash flows from investing activities	—			—			600.3			(0.6		)	599.7			—			599.7
Cash flows from financing activities	—			—			—			—			—			—			—
Net cash provided by discontinued operations	—			—			617.8			(4.0		)	613.8			(34.7		)	579.1
Net increase/(decrease)in cash and cash equivalents	3.5			895.3			(28.7		)	(12.5		)	(41.2		)	—			857.6
Change in cash classified as assets held for sale	—			—			10.0			(1.3		)	8.7			—			8.7
Cash and cash equivalents, beginning of period	3.9			16.6			372.5			498.2			870.7			—			891.2
Cash and cash equivalents, end of period	$	7.4		$	911.9		$	353.8		$	484.4		$	838.2		$	—		$	1,757.5

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED DECEMBER 31, 2011

(In millions)

	CEC (Parent Guarantor)			Subsidiary Issuer			Subsidiary Guarantors of Parent and Subsidiary Guaranteed Debt (a)			Subsidiary Non-Guarantors of Parent and Subsidiary Guaranteed Debt (b)			Subsidiary Non-Guarantors of Parent-Only Guaranteed Debt (a) + (b)			Consolidating/ Eliminating Adjustments			Total
Cash flows from operating activities	$	182.9		$	(507.6	)	$	72.7		$	298.9		$	371.6		$	16.1		$	63.0
Cash flows from investing activities
Acquisitions of property and equipment, net of change in related payables	—			(12.3		)	(108.1		)	(152.1		)	(260.2		)	—			(272.5		)
Change in restricted cash	—			—			—			(517.7		)	(517.7		)	—			(517.7		)
Purchase of additional interest in subsidiary	—			—			—			(75.4		)	(75.4		)	—			(75.4		)
Payments to acquire certain gaming rights	—			—			—			(22.7		)	(22.7		)	—			(22.7		)
Payments to acquire businesses, net of transaction costs and cash acquired	(123.5		)	(136.7		)	(49.1		)	(19.0		)	(68.1		)	309.3			(19.0		)
Investments in/advances to non-consolidated affiliates and other	—			—			—			(76.0		)	(76.0		)	—			(76.0		)
Purchases of investment securities	—			—			—			(35.7		)	(35.7		)	—			(35.7		)
Proceeds from the sale and maturity of investment securities	—			—			—			22.6			22.6			—			22.6
Other	—			—			(3.8		)	(6.1		)	(9.9		)	—			(9.9		)
Cash flows from investing activities	(123.5		)	(149.0		)	(161.0		)	(882.1		)	(1,043.1		)	309.3			(1,006.3		)
Cash flows from financing activities
Proceeds from the issuance of long-term debt	—			418.3			—			445.5			445.5			—			863.8
Debt issuance costs and fees	—			(3.2		)	—			(14.9		)	(14.9		)	—			(18.1		)
Borrowings under lending agreements	—			358.0			—			—			—			—			358.0
Repayments under lending agreements	—			(203.0		)	—			—			—			—			(203.0		)
Cash paid for early extinguishments of debt	—			—			(2.6		)	(125.9		)	(128.5		)	—			(128.5		)
Scheduled debt retirements	—			(25.2		)	—			(18.5		)	(18.5		)	—			(43.7		)
Sale of noncontrolling interests, net of fees	—			—			—			14.8			14.8			—			14.8
Distributions to noncontrolling interest owners	—			—			—			(9.8		)	(9.8		)	—			(9.8		)
Other	(1.7		)	—			(8.1		)	(12.2		)	(20.3		)	—			(22.0		)
Transfer (to)/from affiliates	(189.8		)	67.3			49.1			382.7			431.8			(309.3		)	—
Cash flows from financing activities	(191.5		)	612.2			38.4			661.7			700.1			(309.3		)	811.5
Cash flows from discontinued operations
Cash flows from operating activities	—			—			79.4			(3.2		)	76.2			(16.1		)	60.1
Cash flows from investing activities	—			—			(5.2		)	(5.5		)	(10.7		)	—			(10.7		)
Cash flows from financing activities	—			—			—			—			—			—			—
Net cash provided by discontinued operations	—			—			74.2			(8.7		)	65.5			(16.1		)	49.4
Net increase/(decrease) in cash and cash equivalents	(132.1		)	(44.4		)	24.3			69.8			94.1			—			(82.4		)
Change in cash classified as assets held for sale	—			—			3.5			(1.0		)	2.5			—			2.5
Cash and cash equivalents, beginning of period	136.0			61.0			344.7			429.4			774.1			—			971.1
Cash and cash equivalents, end of period	$	3.9		$	16.6		$	372.5		$	498.2		$	870.7		$	—		$	891.2