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Segment Reporting Segment Reporting (Tables)
9 Months Ended
Sep. 30, 2016
Segment Reporting [Abstract]  
Condensed Statements of Operations - By Segment
Condensed Statements of Operations - By Segment
 
Three Months Ended September 30, 2016
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Other revenues
$
83

 
$
57

 
$

 
$
(4
)
 
$
136

Net revenues
569

 
422

 
(1
)
 
(4
)
 
986

Depreciation and amortization
63

 
47

 
1

 

 
111

Income/(loss) from operations
104

 
(109
)
 
(39
)
 

 
(44
)
Interest expense
99

 
49

 
(1
)
 

 
147

Deconsolidation and restructuring of CEOC and other
1

 
1

 
(3,072
)
 

 
(3,070
)
Income tax benefit/(provision)

 
2

 
(29
)
 

 
(27
)

 
Three Months Ended September 30, 2015
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Other revenues
$
73

 
$
48

 
$
4

 
$
(7
)
 
$
118

Net revenues
542

 
418

 
4

 
(7
)
 
957

Depreciation and amortization
52

 
39

 

 

 
91

Income/(loss) from operations
98

 
32

 
(46
)
 

 
84

Interest expense
98

 
50

 
(1
)
 

 
147

Deconsolidation and restructuring of CEOC and other

 
5

 
(940
)
 

 
(935
)
Income tax benefit/(provision)

 
(2
)
 
208

 

 
206


 
Nine Months Ended September 30, 2016
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Other revenues
$
235

 
$
162

 
$
3

 
$
(15
)
 
$
385

Net revenues
1,659

 
1,283

 
1

 
(15
)
 
2,928

Depreciation and amortization
195

 
130

 

 

 
325

Income/(loss) from operations
293

 
(22
)
 
(116
)
 

 
155

Interest expense
297

 
149

 
2

 

 
448

Deconsolidation and restructuring of CEOC and other

 
2

 
(5,335
)
 

 
(5,333
)
Income tax benefit/(provision)
2

 
6

 
(45
)
 

 
(37
)

 
Nine Months Ended September 30, 2015
(In millions)
CEOC
 
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Other revenues
$
24

 
$
224

 
$
132

 
$
21

 
$
(31
)
 
$
370

Net revenues
164

 
1,637

 
1,216

 
22

 
(31
)
 
3,008

Depreciation and amortization
11

 
151

 
111

 
1

 

 
274

Income/(loss) from operations
9

 
332

 
223

 
(259
)
 

 
305

Interest expense
87

 
299

 
145

 
1

 
(2
)
 
530

Deconsolidation and restructuring of CEOC and other

 

 
4

 
6,160

 
(2
)
 
6,162

Income tax benefit/(provision)

 
(13
)
 
2

 
60

 

 
49

Property EBITDA - By Segment
 
Three Months Ended September 30, 2016
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Net income/(loss) attributable to company
$
6

 
$
3,897

 
$
(4,546
)
 
$

 
$
(643
)
Net income/(loss) attributable to noncontrolling interests

 
(33
)
 
681

 

 
648

Discontinued operations, net of income taxes

 
(4,019
)
 
726

 

 
(3,293
)
Income tax (benefit)/provision

 
(2
)
 
29

 

 
27

Deconsolidation and restructuring of CEOC and other
(1
)
 
(1
)
 
3,072

 

 
3,070

Interest expense
99

 
49

 
(1
)
 

 
147

Depreciation and amortization
63

 
47

 
1

 

 
111

Corporate expense
11

 
7

 
23

 
(1
)
 
40

Other operating costs

 
16

 
19

 

 
35

CIE stock-based compensation

 
145

 

 

 
145

Property EBITDA
$
178

 
$
106

 
$
4

 
$
(1
)
 
$
287

 
Three Months Ended September 30, 2015
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Net income/(loss) attributable to company
$

 
$
19

 
$
(810
)
 
$

 
$
(791
)
Net income attributable to noncontrolling interests

 
2

 
33

 

 
35

Discontinued operations, net of income taxes

 
(36
)
 

 

 
(36
)
Income tax (benefit)/provision

 
2

 
(208
)
 

 
(206
)
Deconsolidation and restructuring of CEOC and other

 
(5
)
 
940

 

 
935

Interest expense
98

 
50

 
(1
)
 

 
147

Depreciation and amortization
52

 
39

 

 

 
91

Corporate expense
10

 
8

 
24

 
(2
)
 
40

Other operating costs
1

 
9

 
24

 

 
34

CIE stock-based compensation

 
13

 

 

 
13

Property EBITDA
$
161

 
$
101

 
$
2

 
$
(2
)
 
$
262

 
Nine Months Ended September 30, 2016
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Net income/(loss) attributable to company
$
(2
)
 
$
3,940

 
$
(6,966
)
 
$

 
$
(3,028
)
Net income/(loss) attributable to noncontrolling interests

 
(26
)
 
742

 

 
716

Discontinued operations, net of income taxes

 
(4,077
)
 
726

 

 
(3,351
)
Income tax (benefit)/provision
(2
)
 
(6
)
 
45

 

 
37

Deconsolidation and restructuring of CEOC and other

 
(2
)
 
5,335

 

 
5,333

Interest expense
297

 
149

 
2

 

 
448

Depreciation and amortization
195

 
130

 

 

 
325

Corporate expense
33

 
22

 
69

 
(2
)
 
122

Other operating costs
5

 
19

 
53

 

 
77

CIE stock-based compensation

 
188

 

 

 
188

Property EBITDA
$
526

 
$
337

 
$
6

 
$
(2
)
 
$
867

 
Nine Months Ended September 30, 2015
(In millions)
CEOC
 
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Net income/(loss) attributable to company
$
(85
)
 
$
20

 
$
193

 
$
5,870

 
$

 
$
5,998

Net income attributable to noncontrolling interests

 

 
4

 
90

 

 
94

Discontinued operations, net of income taxes
7

 

 
(113
)
 

 

 
(106
)
Income tax (benefit)/provision

 
13

 
(2
)
 
(60
)
 

 
(49
)
Deconsolidation and restructuring of CEOC and other

 

 
(4
)
 
(6,160
)
 
2

 
(6,162
)
Interest expense
87

 
299

 
145

 
1

 
(2
)
 
530

Depreciation and amortization
11

 
151

 
111

 
1

 

 
274

Corporate expense
7

 
32

 
27

 
76

 
(11
)
 
131

Other operating costs
4

 
3

 
(98
)
 
197

 

 
106

CIE stock-based compensation

 

 
24

 

 

 
24

Property EBITDA
$
31

 
$
518

 
$
287

 
$
15

 
$
(11
)
 
$
840

Condensed Balance Sheets - By Segment
Condensed Balance Sheets - By Segment
 
As of September 30, 2016
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Total assets
$
7,031

 
$
7,757

 
$
1,322

 
$
(759
)
 
$
15,351

Total liabilities
6,003

 
3,042

 
7,347

 
(70
)
 
16,322


 
As of December 31, 2015
(In millions)
CERP
 
CGP
 
Other
 
Elimination
 
Caesars
Total assets
$
7,028

 
$
4,518

 
$
1,409

 
$
(749
)
 
$
12,206

Total liabilities
6,073

 
2,798

 
1,157

 
(55
)
 
9,973