XML 20 R78.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segment Reporting Segment Reporting Property EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Operating Income (Loss) $ 186 $ 127 $ 330 $ 277
Depreciation and amortization 96 157 198 305
Write-downs, reserves, and project opening costs, net of recoveries 24 52 66 76
Impairment of tangible and other intangible assets 0 17 0 50
Corporate expense 45 68 91 119
Acquisition and integration costs and other 0 54 6 65
Discontinued Operations, EBITDA 0 (2) 0 (7)
Property EBITDA 351 473 691 885
Operating Segments [Member] | Caesars Entertainment Operating Company [Member]        
Operating Income (Loss) 0 59 [1] 9 107 [2]
Depreciation and amortization 0 66 [1] 11 138 [2]
Write-downs, reserves, and project opening costs, net of recoveries 0 43 1 47
Impairment of tangible and other intangible assets 0 (3) [1] 0 30 [2]
Corporate expense 0 44 7 79
Acquisition and integration costs and other 0 5 3 16
Discontinued Operations, EBITDA 0 (2) 0 (6)
Property EBITDA 0 212 31 411
Operating Segments [Member] | Caesars Entertainment Resort Properties [Member]        
Operating Income (Loss) 126 69 233 128
Depreciation and amortization 49 56 99 106
Write-downs, reserves, and project opening costs, net of recoveries 1 2 2 6
Impairment of tangible and other intangible assets 0 0 0 0
Corporate expense 10 19 22 34
Acquisition and integration costs and other 0 0 0 0
Discontinued Operations, EBITDA 0 0 0 0
Property EBITDA 186 146 356 274
Operating Segments [Member] | Caesars Growth Partners, LLC [Member]        
Operating Income (Loss) 44 48 208 8
Depreciation and amortization 38 26 71 47
Write-downs, reserves, and project opening costs, net of recoveries 4 12 7 28
Impairment of tangible and other intangible assets 0 0 0 0
Corporate expense 11 5 19 6
Acquisition and integration costs and other 3 (22) (115) 54
Discontinued Operations, EBITDA 0 0 0 0
Property EBITDA 100 69 190 143
Operating Segments [Member] | Caesars Interactive Entertainment [Member]        
Operating Income (Loss) 54 [3] (3) [4] 95 [5] 1 [6]
Depreciation and amortization 8 7 [4] 16 [5] 14 [6]
Write-downs, reserves, and project opening costs, net of recoveries 0 0 0 0
Impairment of tangible and other intangible assets 0 0 [4] 0 [5] 0 [6]
Corporate expense 0 0 0 0
Acquisition and integration costs and other 0 32 0 33
Discontinued Operations, EBITDA 0 0 0  
Property EBITDA 62 36 111 47
Corporate, Non-Segment [Member]        
Operating Income (Loss) (38) (52) (215) 27
Depreciation and amortization 1 3 1 1
Write-downs, reserves, and project opening costs, net of recoveries 19 0 56 0
Impairment of tangible and other intangible assets 0 20 0 20
Corporate expense 33 1 52 1
Acquisition and integration costs and other (3) 39 118 (38)
Discontinued Operations, EBITDA 0 0 0 0
Property EBITDA 12 11 12 11
Intersegment Eliminations [Member]        
Operating Income (Loss) 0 6 0 6
Depreciation and amortization 0 (1) 0 (1)
Write-downs, reserves, and project opening costs, net of recoveries 0 (5) 0 (5)
Impairment of tangible and other intangible assets 0 0 0 0
Corporate expense (9) (1) (9) (1)
Acquisition and integration costs and other 0 0 0 0
Discontinued Operations, EBITDA 0 0 0 0
Property EBITDA $ (9) $ (1) $ (9) $ (1)
[1] Includes foreign net revenues of $72 million
[2] Includes foreign net revenues of $155 million
[3] Includes foreign net revenues of $148 million Three Months Ended June 30, 2014(In millions)CEOC (1) CERP CGP Casinos CIE (2) Other Elimination CaesarsManagement fees$24 $— $— $— $— $(9) $15Net revenues1,229 538 294 145 40 (106) 2,140Depreciation and amortization66 56 26 7 3 (1) 157Impairment of intangible and tangible assets(3) — — — 20 — 17Income/(loss) from operations59 69 48 (3) (52) 6 127Interest expense528 99 61 1 — (35) 654Other gains/(losses) 2 — 28 — (16) (41) (27)Income tax benefit/(provision) from continuing operations207 (1) (4) 19 (54) — 167
[4] Includes foreign net revenues of $105 million Six Months Ended June 30, 2015(In millions)CEOC CERP CGP Casinos CIE (1) Other Elimination CaesarsManagement fees$4 $— $— $— $9 $(11) $2Net revenues164 1,095 780 363 18 (25) 2,395Depreciation and amortization11 99 71 16 1 — 198Impairment of intangible and tangible assets— — — — — — —Income/(loss) from operations9 233 208 95 (215) — 330Interest expense87 200 94 3 3 (3) 384Gain on deconsolidation of subsidiary and other — — — — 7,099 (3) 7,096Income tax benefit/(provision) from continuing operations— (13) — (27) (148) — (188)
[5] Includes foreign net revenues of $289 million Six Months Ended June 30, 2014(In millions)CEOC (1) CERP CGP Casinos CIE (2) Other Elimination CaesarsManagement fees$40 $— $— $— $— $(12) $28Net revenues2,410 1,030 586 269 57 (179) 4,173Depreciation and amortization138 106 47 14 1 (1) 305Impairment of intangible and tangible assets30 — — — 20 — 50Income/(loss) from operations107 128 8 1 27 6 277Interest expense1,052 190 76 2 (1) (73) 1,246Other gains/(losses) 3 — 78 — (29) (79) (27)Income tax benefit/(provision) from continuing operations267 23 (12) 18 13 — 309
[6] Includes foreign net revenues of $193 million