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Earnings Per Share Earnings Per Share (Notes)
 3 Months Ended
Mar. 31, 2017
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 shares of common stock outstanding. Diluted earnings per share is computed by dividing the applicable income amounts by the sum of weighted-average number of shares of common stock outstanding and dilutive potential common stock.
For a period in which Caesars generated a net loss, the weighted-average basic shares outstanding was used in calculating diluted loss per share because using diluted shares would have been anti-dilutive to loss per share.
Basic and Dilutive Net Earnings Per Share Reconciliation
 
Three Months Ended March 31,
(In millions, except per share data)
2017
 
2016
Loss from continuing operations attributable to Caesars, net of income taxes
$
(546
)
 
$
(341
)
Income from discontinued operations attributable to Caesars, net of income taxes
—

 
33

Net loss attributable to Caesars
$
(546
)
 
$
(308
)
 
 
 
 
Weighted-average common stock outstanding
147

 
145

 
 
 
 
Basic and diluted loss per share from continuing operations
$
(3.71
)
 
$
(2.35
)
Basic and diluted earnings per share from discontinued operations
—

 
0.23

Basic and diluted loss per share
$
(3.71
)
 
$
(2.12
)

Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
 
Three Months Ended March 31,
(In millions)
2017
 
2016
Stock options
11

 
11

Restricted stock units and awards
8

 
6

Total anti-dilutive common stock
19

 
17