Debt (Tables)

9 Months Ended

Sep. 30, 2015

Debt Instrument [Line Items]

Outstanding Debt

Summary of Debt by Financing Structure
	September 30, 2015						December 31, 2014
(In millions)	Face Value			Book Value			Book Value
CEOC	$	—		$	—		$	15,930
CERP	4,704			4,634			4,754
CGP	2,411			2,343			2,312
CEC	—			—			13
Total Debt	7,115			6,977			23,009
Current Portion of Long-Term Debt	(189		)	(189		)	(15,779		)
Long-Term Debt	$	6,926		$	6,788		$	7,230

Caesars Entertainment Operating Company [Member]

Debt Instrument [Line Items]

Outstanding Debt

CEOC Debt

As described in Note 4, we deconsolidated CEOC effective January 15, 2015. Therefore, no amounts are reported for CEOC debt as of September 30, 2015.

	December 31, 2014
(In millions)	Book Value
Secured Debt	$	9,884
Credit Facilities (1)	5,106
Subsidiary-Guaranteed Debt	477
Unsecured Senior Debt	463
Other Unsecured Borrowings	77
Total CEOC Debt	16,007
Additional Debt Discount	(77		)
Total CEOC Debt, as consolidated	$	15,930

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⁽¹⁾ CEC guarantees collection of amounts under the CEOC Credit Facilities (see Note 1)

Caesars Entertainment Resort Properties [Member]

Debt Instrument [Line Items]

Outstanding Debt

CERP Debt

	September 30, 2015								December 31, 2014
Detail of Debt (Dollars in millions)	Final Maturity	Rate(s)	Face Value			Book Value			Book Value
Secured Debt
CERP Term Loan	2020	7.00%	$	2,456		$	2,407		$	2,420
CERP Revolving Credit Facility	2018	various	81			81			180
CERP First Lien Notes	2020	8.00%	1,000			991			990
CERP Second Lien Notes	2021	11.00%	1,150			1,138			1,137
Capitalized Lease Obligations and other	to 2017	various	17			17			27
Total CERP Debt			4,704			4,634			4,754
Current Portion of CERP Long-Term Debt			(119		)	(119		)	(39		)
CERP Long-Term Debt			$	4,585		$	4,515		$	4,715

Caesars Growth Partners, LLC [Member]

Debt Instrument [Line Items]

Outstanding Debt

CGP Debt

	September 30, 2015								December 31, 2014
Detail of Debt (Dollars in millions)	Final Maturity	Rate(s)	Face Value			Book Value			Book Value
Secured Debt
CGPH Term Loan (1)	2021	6.25%	$	1,160		$	1,127		$	1,133
CGPH Revolving Credit Facility	2019	various	45			45			—
CGPH Notes(1)	2022	9.38%	675			660			659
Horseshoe Baltimore Credit and FF&E Facilities	2019 to 2020	8.25% - 8.75%	329			316			316
Cromwell Credit Facility	2019	11.00%	178			172			178
Other Secured Debt	2018	8.00%	5			4			4
Special Improvement District Bonds	2037	5.30%	14			14			14
Capital Lease Obligations and other	2015 to 2017	various	5			5			8
Total CGP Debt(2)			2,411			2,343			2,312
Current Portion of CGP Long-Term Debt			(70		)	(70		)	(20		)
CGP Long-Term Debt			$	2,341		$	2,273		$	2,292

____________________

⁽¹⁾  Guaranteed by an indirect subsidiary of Caesars Growth Partners, LLC and certain of its wholly owned subsidiaries

⁽²⁾  As of September 30, 2015, CIE had $20 million drawn under a revolver arrangement with Caesars Entertainment. Accordingly, such debt is not considered outstanding in the above presentation. This balance was subsequently paid in October 2015.