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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues      
Casino $ 2,865 $ 2,177 $ 2,286
Food and beverage 938 788 823
Rooms 1,054 923 878
Other revenue 626 527 495
Reimbursed management costs 48 0 10
Less: casino promotional allowances (679) (538) (563)
Net revenues 4,852 3,877 3,929
Direct      
Casino 1,521 1,128 1,194
Food and beverage 446 383 399
Rooms 276 249 227
Property, general, administrative, and other 1,133 1,166 1,053
Reimbursable management costs 48 0 10
Depreciation and amortization 628 439 374
Corporate expense 204 194 196
Other operating costs [1] 64 91 161
Total operating expenses 4,320 3,650 3,614
Income from operations 532 227 315
Interest expense (774) (599) (683)
Gain on deconsolidation of subsidiaries 30 0 7,125
Restructuring and support expenses (2,028) (5,729) (1,017)
Loss on extinguishment of debt (232) 0 0
Other income/(loss) 95 (29) 7
Income/(loss) from continuing operations before income taxes (2,377) (6,130) 5,747
Income tax benefit/(provision) 1,995 (327) 106
Income/(loss) from continuing operations, net of income taxes (382) (6,457) 5,853
Discontinued operations, net of income taxes 0 3,380 155
Net income/(loss) (382) (3,077) 6,008
Net loss attributable to noncontrolling interests 7 29 1
Net income/(loss) attributable to Caesars $ (375) $ (3,048) $ 6,009
Earnings/(loss) per share - basic and diluted      
Basic earnings/(loss) per share from continuing operations $ (1.35) $ (43.96) $ 40.42
Basic earnings per share from discontinued operations 0.00 23.11 1.07
Basic earnings/(loss) per share (1.35) (20.85) 41.49
Diluted earnings/(loss) per share from continuing operations (1.35) (43.96) 39.81
Diluted earnings per share from discontinued operations 0.00 23.11 1.06
Diluted earnings/(loss) per share $ (1.35) $ (20.85) $ 40.87
Weighted-average common shares outstanding - basic 279 146 145
Weighted-average common shares outstanding - diluted 279 146 147
Comprehensive income/(loss):      
Other comprehensive income/(loss), net of income taxes $ 6 $ (2) $ 0
Comprehensive income/(loss) (376) (3,079) 6,008
Comprehensive loss attributable to noncontrolling interests 7 29 1
Comprehensive income/(loss) attributable to Caesars $ (369) $ (3,050) $ 6,009
[1] Amounts primarily represent costs incurred in connection with property openings and expansion projects at existing properties, costs associated with the development activities and reorganization activities, and/or recoveries associated with such items.