Description of Business (Tables)

9 Months Ended

Sep. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Accrued Restructuring and Support Expenses

Accrued Restructuring and Support Expenses

	Accrued as of
(In millions)	September 30, 2017		December 31, 2016
Forbearance fees and other payments to creditors	$	893	$	970
Bank Guaranty Settlement	765		734
Issuance of CEC common stock	4,507		2,936
Issuance of CEC Convertible Notes	2,240		1,600
PropCo Call Right	189		131
Payment of creditor expenses, settlement charges, and other fees	182		195
Payment to CEOC	—		35
Total accrued	$	8,776	$	6,601



(In millions)	Amount
Cash consideration	$	1,840
Issuance of CEC common stock⁽¹⁾	4,507
Issuance of CEC Convertible Notes	2,240
Issuance of PropCo Call Right	189
Total settled	$	8,776

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⁽¹⁾

Based on 420 million shares of CEC Common Stock issued at a closing stock price of $12.80 on October 6, 2017, and 146 million shares of CEC Common Stock that were repurchased at a fixed price of $6.86 under the terms of Plan (See Note 1). This represents the residual amount of shares remaining after allocating a portion of the total shares required to be issued under the Plan to the acquisition of New CEOC (described below).

Cash and Available Revolver Capacity

Cash and Available Revolver Capacity

	September 30, 2017
(In millions)	CERP		CGP		CES		Other
Cash and cash equivalents	$	336	$	1,026	$	31	$	122
Revolver capacity	270		150		—		—
Revolver capacity drawn or committed to letters of credit	—		—		—		—
Total	$	606	$	1,176	$	31	$	122