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Quarterly Results of Operations - Unaudited (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations
As recast for CAC Merger
 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
2017
 
 
 
 
 
 
 
 
 
Net revenues
$
963

 
$
1,002

 
$
986

 
$
1,901

 
$
4,852

Income from operations
149

 
149

 
81

 
153

 
532

Net income/(loss)
(508
)
 
(1,434
)
 
(441
)
 
2,001

 
(382
)
Net income/(loss) attributable to Caesars
(507
)
 
(1,434
)
 
(435
)
 
2,001

 
(375
)
Basic earnings/(loss) per share
(3.44
)
 
(9.63
)
 
(2.92
)
 
3.01

 
(1.35
)
Diluted earnings/(loss) per share
(3.44
)
 
(9.63
)
 
(2.92
)
 
2.48

 
(1.35
)
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Net revenues
$
950

 
$
992

 
$
986

 
$
949

 
$
3,877

Income/(loss) from operations
80

 
105

 
(53
)
 
95

 
227

Net loss
(283
)
 
(2,052
)
 
(276
)
 
(466
)
 
(3,077
)
Net loss attributable to Caesars
(286
)
 
(2,055
)
 
(244
)
 
(463
)
 
(3,048
)
Basic loss per share
(1.97
)
 
(14.10
)
 
(1.66
)
 
(3.15
)
 
(20.85
)
Diluted loss per share
(1.97
)
 
(14.10
)
 
(1.66
)
 
(3.15
)
 
(20.85
)
 
 
 
 
 
 
 
 
 
 
As previously reported
 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
2017
 
 
 
 
 
 
 
 
 
Net revenues
$
963

 
$
1,002

 
$
986

 
 
 
 
Income from operations
158

 
157

 
86

 
 
 
 
Net loss
(524
)
 
(1,426
)
 
(460
)
 
 
 
 
Net loss attributable to Caesars
(546
)
 
(1,442
)
 
(468
)
 
 
 
 
Basic loss per share
(3.71
)
 
(9.68
)
 
(3.14
)
 
 
 
 
Diluted loss per share
(3.71
)
 
(9.68
)
 
(3.14
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Net revenues
$
950

 
$
992

 
$
986

 
$
949

 
$
3,877

Income/(loss) from operations
88

 
111

 
(44
)
 
102

 
257

Net income/(loss)
(274
)
 
(2,043
)
 
5

 
(435
)
 
(2,747
)
Net loss attributable to Caesars
(308
)
 
(2,077
)
 
(643
)
 
(541
)
 
(3,569
)
Basic loss per share
(2.12
)
 
(14.25
)
 
(4.38
)
 
(3.68
)
 
(24.41
)
Diluted loss per share
(2.12
)
 
(14.25
)
 
(4.38
)
 
(3.68
)
 
(24.41
)
 
 
 
 
 
 
 
 
 
 
Comparison to recast

 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
2017
 
 
 
 
 
 
 
 
 
Net revenues
$

 
$

 
$

 
 
 
 
Income from operations
(9
)
 
(8
)
 
(5
)
 
 
 
 
Net loss
16

 
(8
)
 
19

 
 
 
 
Net loss attributable to Caesars
39

 
8

 
33

 
 
 
 
Basic loss per share
0.27

 
0.05

 
0.22

 
 
 
 
Diluted loss per share
0.27

 
0.05

 
0.22

 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Net revenues
$

 
$

 
$

 
$

 
$

Income/(loss) from operations
(8
)
 
(6
)
 
(9
)
 
(7
)
 
(30
)
Net income/(loss)
(9
)
 
(9
)
 
(281
)
 
(31
)
 
(330
)
Net loss attributable to Caesars
22

 
22

 
399

 
78

 
521

Basic loss per share
0.15

 
0.15

 
2.72

 
0.53

 
3.56

Diluted loss per share
0.15

 
0.15

 
2.72

 
0.53

 
3.56