XML 14 R39.htm IDEA: XBRL DOCUMENT

Segment Reporting Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segment Reporting Income Statement [Table Text Block]



	Three Months Ended June 30, 2015
(In millions)	CEOC				CERP				CGP Casinos				CIE ⁽¹⁾				Other				Elimination				Caesars
Management fees	$	—			$	—			$	—			$	—			$	9			$	(9	)		$	—
Net revenues	—				566				390				186				14				(15		)		1,141
Depreciation and amortization	—				49				38				8				1				—				96
Impairment of intangible and tangible assets	—				—				—				—				—				—				—
Income/(loss) from operations	—				126				44				54				(38		)		—				186
Interest expense	—				98				47				1				2				(1		)		147
Gain on deconsolidation of subsidiary and other	—				—				1				—				7				(1		)		7
Income tax benefit/(provision) from continuing operations	—				(11		)		—				(14		)		29				—				4

____________________


⁽¹⁾	Includes foreign net revenues of $148 million



	Three Months Ended June 30, 2014
(In millions)	CEOC ⁽¹⁾				CERP				CGP Casinos				CIE ⁽²⁾				Other				Elimination				Caesars
Management fees	$	24			$	—			$	—			$	—			$	—			$	(9	)		$	15
Net revenues	1,229				538				294				145				40				(106		)		2,140
Depreciation and amortization	66				56				26				7				3				(1		)		157
Impairment of intangible and tangible assets	(3		)		—				—				—				20				—				17
Income/(loss) from operations	59				69				48				(3		)		(52		)		6				127
Interest expense	528				99				61				1				—				(35		)		654
Other gains/(losses)	2				—				28				—				(16		)		(41		)		(27		)
Income tax benefit/(provision) from continuing operations	207				(1		)		(4		)		19				(54		)		—				167

____________________


⁽¹⁾	Includes foreign net revenues of $72 million


⁽²⁾	Includes foreign net revenues of $105 million



	Six Months Ended June 30, 2015
(In millions)	CEOC				CERP				CGP Casinos				CIE ⁽¹⁾				Other				Elimination				Caesars
Management fees	$	4			$	—			$	—			$	—			$	9			$	(11	)		$	2
Net revenues	164				1,095				780				363				18				(25		)		2,395
Depreciation and amortization	11				99				71				16				1				—				198
Impairment of intangible and tangible assets	—				—				—				—				—				—				—
Income/(loss) from operations	9				233				208				95				(215		)		—				330
Interest expense	87				200				94				3				3				(3		)		384
Gain on deconsolidation of subsidiary and other	—				—				—				—				7,099				(3		)		7,096
Income tax benefit/(provision) from continuing operations	—				(13		)		—				(27		)		(148		)		—				(188		)

____________________


⁽¹⁾	Includes foreign net revenues of $289 million



	Six Months Ended June 30, 2014
(In millions)	CEOC ⁽¹⁾				CERP				CGP Casinos				CIE ⁽²⁾				Other				Elimination				Caesars
Management fees	$	40			$	—			$	—			$	—			$	—			$	(12	)		$	28
Net revenues	2,410				1,030				586				269				57				(179		)		4,173
Depreciation and amortization	138				106				47				14				1				(1		)		305
Impairment of intangible and tangible assets	30				—				—				—				20				—				50
Income/(loss) from operations	107				128				8				1				27				6				277
Interest expense	1,052				190				76				2				(1		)		(73		)		1,246
Other gains/(losses)	3				—				78				—				(29		)		(79		)		(27		)
Income tax benefit/(provision) from continuing operations	267				23				(12		)		18				13				—				309

____________________


⁽¹⁾	Includes foreign net revenues of $155 million


⁽²⁾	Includes foreign net revenues of $193 million

Segment Reporting Property EBITDA [Table Text Block]



	Three Months Ended June 30, 2015
(In millions)	CEOC				CERP				CGP Casinos				CIE				Other				Elimination				Caesars
Income/(loss) from operations	$	—			$	126			$	44			$	54			$	(38	)		$	—			$	186
Depreciation and amortization	—				49				38				8				1				—				96
Write-downs, reserves, and project opening costs, net of recoveries	—				1				4				—				19				—				24
Impairment of intangible and tangible assets	—				—				—				—				—				—				—
Corporate expense	—				10				11				—				33				(9		)		45
Acquisition and integration costs and other	—				—				3				—				(3		)		—				—
EBITDA attributable to discontinued operations	—				—				—				—				—				—				—
Property EBITDA	$	—			$	186			$	100			$	62			$	12			$	(9	)		$	351



	Three Months Ended June 30, 2014
(In millions)	CEOC				CERP				CGP Casinos				CIE				Other				Elimination				Caesars
Income/(loss) from operations	$	59			$	69			$	48			$	(3	)		$	(52	)		$	6			$	127
Depreciation and amortization	66				56				26				7				3				(1		)		157
Write-downs, reserves, and project opening costs, net of recoveries	43				2				12				—				—				(5		)		52
Impairment of intangible and tangible assets	(3		)		—				—				—				20				—				17
Corporate expense	44				19				5				—				1				(1		)		68
Acquisition and integration costs and other	5				—				(22		)		32				39				—				54
EBITDA attributable to discontinued operations	(2		)		—				—				—				—				—				(2		)
Property EBITDA	$	212			$	146			$	69			$	36			$	11			$	(1	)		$	473



	Six Months Ended June 30, 2015
(In millions)	CEOC				CERP				CGP Casinos				CIE				Other				Elimination				Caesars
Income/(loss) from operations	$	9			$	233			$	208			$	95			$	(215	)		$	—			$	330
Depreciation and amortization	11				99				71				16				1				—				198
Write-downs, reserves, and project opening costs, net of recoveries	1				2				7				—				56				—				66
Impairment of intangible and tangible assets	—				—				—				—				—				—				—
Corporate expense	7				22				19				—				52				(9		)		91
Acquisition and integration costs and other	3				—				(115		)		—				118				—				6
EBITDA attributable to discontinued operations	—				—				—				—				—				—				—
Property EBITDA	$	31			$	356			$	190			$	111			$	12			$	(9	)		$	691



	Six Months Ended June 30, 2014
(In millions)	CEOC				CERP				CGP Casinos				CIE				Other				Elimination				Caesars
Income/(loss) from operations	$	107			$	128			$	8			$	1			$	27			$	6			$	277
Depreciation and amortization	138				106				47				14				1				(1		)		305
Write-downs, reserves, and project opening costs, net of recoveries	47				6				28				—				—				(5		)		76
Impairment of intangible and tangible assets	30				—				—				—				20				—				50
Corporate expense	79				34				6				—				1				(1		)		119
Acquisition and integration costs and other	16				—				54				33				(38		)		—				65
EBITDA attributable to discontinued operations	(6		)		—				—				(1		)		—				—				(7		)
Property EBITDA	$	411			$	274			$	143			$	47			$	11			$	(1	)		$	885

Segment Reporting Balance Sheet [Table Text Block]

Condensed Balance Sheets - By Segment

	As of June 30, 2015
(In millions)	CEOC				CERP				CGP Casinos				CIE⁽¹⁾				Other				Elimination				Caesars
Total assets	$	—			$	7,157			$	4,236			$	454			$	1,577			$	(921	)		$	12,503
Total liabilities	—				6,237				2,855				294				277				(168		)		9,495

____________________


⁽¹⁾	Includes foreign assets of $259 million and foreign liabilities of $62 million



	As of December 31, 2014
(In millions)	CEOC ⁽¹⁾				CERP				CGP Casinos				CIE ⁽²⁾				Other				Elimination				Caesars
Total assets	$	11,185			$	7,152			$	4,171			$	546			$	2,752			$	(2,475	)		$	23,331
Total liabilities	19,603				6,314				2,965				367				(583		)		(593		)		28,073

____________________


⁽¹⁾	Includes foreign assets of $312 million and foreign liabilities of $183 million


⁽²⁾	Includes foreign assets of $305 million and foreign liabilities of