XML 63 R47.htm IDEA: XBRL DOCUMENT v3.4.0.3
Debt - Summary of Debt (Detail) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2016
Dec. 31, 2015
Debt Instrument [Line Items]    
Long-term Debt, Gross $ 7,047  
Long-term Debt 6,920 $ 6,964
Current portion of long-term debt (150) (187)
Long Term Debt Non Current Face Value 6,897  
Long-term Debt, Excluding Current Maturities 6,770 6,777
Debt Instrument, Unamortized Discount 127 132
Long-term Debt, Fair Value 6,273  
Variable Interest Entity, Primary Beneficiary [Member]    
Debt Instrument [Line Items]    
Current portion of long-term debt (39) (70)
Long-term Debt, Excluding Current Maturities 2,265 2,267
Caesars Entertainment Resort Properties [Member]    
Debt Instrument [Line Items]    
Long-term Debt, Gross 4,681  
Long-term Debt 4,617 4,627
Current portion of long-term debt (112) (117)
Long Term Debt Non Current Face Value 4,569  
Long-term Debt, Excluding Current Maturities $ 4,505 4,510
Caesars Entertainment Resort Properties [Member] | Secured Debt [Member] | Term Loan [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Description of Variable Rate Basis Variable interest rate calculated as a fixed rate plus the greater of LIBOR or a 1% floor. The rate is set at the 1% floor as of March 31, 2016.  
Debt Instrument, Interest Rate, Stated Percentage [1],[2] 7.00%  
Long-term Debt, Gross [2] $ 2,444  
Long-term Debt [2] $ 2,399 2,403
Caesars Entertainment Resort Properties [Member] | Secured Debt [Member] | First Lien Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage [1] 8.00%  
Long-term Debt, Gross $ 1,000  
Long-term Debt $ 992 992
Caesars Entertainment Resort Properties [Member] | Secured Debt [Member] | Second Lien Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage [1] 11.00%  
Long-term Debt, Gross $ 1,150  
Long-term Debt 1,139 1,138
Caesars Entertainment Resort Properties [Member] | Capital Lease Obligations [Member]    
Debt Instrument [Line Items]    
Long-term Debt, Gross 12  
Long-term Debt $ 12 14
Caesars Entertainment Resort Properties [Member] | Line of Credit [Member] | Revolving Credit Facility [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Description of Variable Rate Basis Variable interest rate for amounts currently borrowed is determined by adding LIBOR to a base rate of 6.00%.  
Long-term Debt, Gross [3] $ 75  
Long-term Debt [3] 75 80
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member]    
Debt Instrument [Line Items]    
Long-term Debt, Gross 2,366  
Long-term Debt 2,303 2,337
Current portion of long-term debt (38) (70)
Long Term Debt Non Current Face Value 2,328  
Long-term Debt, Excluding Current Maturities $ 2,265 2,267
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Secured Debt [Member] | Term Loan [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Description of Variable Rate Basis Variable interest rate calculated as a fixed rate plus the greater of LIBOR or a 1% floor. The rate is set at the 1% floor as of March 31, 2016.  
Debt Instrument, Interest Rate, Stated Percentage [4],[5] 6.25%  
Long-term Debt, Gross [5] $ 1,154  
Long-term Debt [5] $ 1,124 1,126
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Secured Debt [Member] | CGPH Notes [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage [4] 9.38%  
Long-term Debt, Gross $ 675  
Long-term Debt $ 660 660
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Secured Debt [Member] | Horseshoe Baltimore Credit Facility [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Description of Variable Rate Basis Variable interest rate calculated as a fixed rate plus the greater of LIBOR or a 1.25% floor. The rate is set at the 1.25% floor as of March 31, 2016.  
Debt Instrument, Interest Rate, Stated Percentage [4],[6] 8.25%  
Long-term Debt, Gross [6] $ 299  
Long-term Debt [6] $ 288 288
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Secured Debt [Member] | Revolving Credit Facility [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Description of Variable Rate Basis Variable interest rate calculated as LIBOR plus 5.25%.  
Long-term Debt, Gross [7] $ 15  
Long-term Debt [7] $ 15 45
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Secured Debt [Member] | Horseshoe Baltimore FF&E Facility [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage [4],[6] 8.75%  
Long-term Debt, Gross [6] $ 26  
Long-term Debt [6] $ 26 27
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Secured Debt [Member] | Other Debt Obligations [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage [4] 8.00%  
Long-term Debt, Gross $ 5  
Long-term Debt 4 4
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Capital Lease Obligations [Member]    
Debt Instrument [Line Items]    
Long-term Debt, Gross 3  
Long-term Debt $ 3 4
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Line of Credit [Member] | Horseshoe Baltimore Credit Facility [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Description of Variable Rate Basis Variable interest rate calculated as LIBOR plus 7.00%.  
Long-term Debt, Gross [8] $ 0  
Long-term Debt [8] $ 0 0
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Line of Credit [Member] | Cromwell Credit Facility [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage [4],[6] 11.00%  
Long-term Debt, Gross [6] $ 175  
Long-term Debt [6] $ 169 169
Caesars Growth Partners, LLC [Member] | Variable Interest Entity, Primary Beneficiary [Member] | Unsecured Debt [Member] | Special Improvement District Bonds [Member]    
Debt Instrument [Line Items]    
Debt Instrument, Interest Rate, Stated Percentage [4] 5.30%  
Long-term Debt, Gross $ 14  
Long-term Debt $ 14 $ 14
[1] Interest rate is fixed, except where noted.
[2] Variable interest rate calculated as a fixed rate plus the greater of LIBOR or a 1% floor. The rate is set at the 1% floor as of March 31, 2016.
[3] Variable interest rate for amounts currently borrowed is determined by adding LIBOR to a base rate of 6.00%.
[4] Interest rate is fixed, except where noted.
[5] Variable interest rate calculated as a fixed rate plus the greater of LIBOR or a 1% floor. The rate is set at the 1% floor as of March 31, 2016.
[6] Variable interest rate calculated as a fixed rate plus the greater of LIBOR or a 1.25% floor. The rate is set at the 1.25% floor as of March 31, 2016.
[7] Variable interest rate calculated as LIBOR plus 5.25%.
[8] Variable interest rate calculated as LIBOR plus 7.00%.