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Earnings Per Share Earnings Per Share (Notes)
 9 Months Ended
Sep. 30, 2016
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
Basic earnings per share is computed by dividing the applicable income amounts by the weighted-average number of common shares outstanding. Diluted earnings per share is computed by dividing the applicable income amounts by the sum of weighted-average number of shares of common shares outstanding and dilutive potential common shares.
For periods in which Caesars generated net losses, the weighted-average basic shares outstanding was used in calculating diluted loss per share because using diluted shares would be anti-dilutive to loss per share.
Basic and Dilutive Net Earnings Per Share Reconciliation
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions, except per share data)
2016
 
2015
 
2016
 
2015
Income/(loss) from continuing operation, net of income taxes
$
(3,936
)
 
$
(827
)
 
$
(6,379
)
 
$
5,892

Discontinued operations, net of income taxes
3,293

 
36

 
3,351

 
106

Net income/(loss) attributable to Caesars
$
(643
)
 
$
(791
)
 
$
(3,028
)
 
$
5,998

 
 
 
 
 
 
 
 
Weighted average common share outstanding
147

 
145

 
146

 
145

Dilutive potential common shares: Stock options
—

 
—

 
—

 
2

Weighted average common shares and dilutive potential common shares
147

 
145

 
146

 
147

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Basic earnings/(loss) per share from continuing operations
$
(26.80
)
 
$
(5.70
)
 
$
(43.70
)
 
$
40.67

Basic earnings per share from discontinued operations
22.42

 
0.26

 
22.96

 
0.75

Basic earnings/(loss) per share
$
(4.38
)
 
$
(5.44
)
 
$
(20.74
)
 
$
41.42

 
 
 
 
 
 
 
 
Diluted earnings/(loss) per share from continuing operations
$
(26.80
)
 
$
(5.70
)
 
$
(43.70
)
 
$
40.14

Diluted earnings per share from discontinued operations
22.42

 
0.26

 
22.96

 
0.74

Diluted earnings/(loss) per share
$
(4.38
)
 
$
(5.44
)
 
$
(20.74
)
 
$
40.88


Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
2016
 
2015
 
2016
 
2015
Stock options
10

 
4

 
10

 
4

Restricted stock units and awards
9

 
1

 
9

 
1

Total anti-dilutive common shares
19

 
5

 
19

 
5