Property and Equipment (Notes)

3 Months Ended

Mar. 31, 2017

Property, Plant and Equipment [Abstract]

Property and Equipment

Property and Equipment

(In millions)	March 31, 2017			December 31, 2016
Land and land improvements	$	3,584		$	3,584
Buildings and leasehold improvements	4,164			4,149
Furniture, fixtures, and equipment	1,354			1,346
Construction in progress	97			55
Total property and equipment	9,199			9,134
Less: accumulated depreciation	(1,770		)	(1,688		)
Total property and equipment, net	$	7,429		$	7,446

Depreciation Expense and Capitalized Interest
	Three Months Ended March 31,
(In millions)	2017		2016
Depreciation expense (1)	$	87	$	96
Capitalized interest	1		—

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⁽¹⁾  Depreciation expense in the first quarter of 2017 includes $5 million of accelerated depreciation due to asset removal and replacement in connection with property renovations primarily at Planet Hollywood Resort & Casino compared with $20 million in 2016 related to property renovations primarily at Harrah’s Las Vegas and Flamingo Las Vegas.