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Earnings Per Share
 3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Earnings Per Share
Basic earnings per share (“EPS”) 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)
2018
 
2017
Net loss attributable to Caesars
$
(34
)
 
$
(507
)
Weighted-average common stock outstanding
697

 
147

Basic and diluted loss per share
$
(0.05
)
 
$
(3.44
)

Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
 
Three Months Ended March 31,
(In millions)
2018
 
2017
Stock options
9

 
11

Restricted stock units and awards
16

 
8

CEC Convertible Notes
150

 
—

Total anti-dilutive common stock
175

 
19