XML 76 R64.htm IDEA: XBRL DOCUMENT v3.8.0.1
Segment Reporting Segment Reporting - Adjusted EBITDA - By Segment (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to company $ (34) $ (507)
Net loss attributable to noncontrolling interests 0 (1)
Income tax provision 13 47
Restructuring and support expenses and other (184) 464
Interest expense 330 147
Depreciation and amortization 280 102
Other operating costs 66 (1) [1]
Stock-based compensation expense [2] 18 9
Other items (2) 29 15 [3]
Adjusted EBITDA 518 275
Corporate and Other [Member]    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to company (56) (677)
Net loss attributable to noncontrolling interests   0
Income tax provision 13 47
Restructuring and support expenses and other (180) 464
Interest expense 114 135
Depreciation and amortization 17 2
Other operating costs 32 (8) [1]
Stock-based compensation expense 14 8
Other items (2) 27 13 [3]
Adjusted EBITDA (19) (16)
Intersegment Elimination    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to company 0 0
Net loss attributable to noncontrolling interests   0
Income tax provision 0 0
Restructuring and support expenses and other 0 0
Interest expense 0 0
Depreciation and amortization 0 0
Other operating costs 0 0 [1]
Stock-based compensation expense 0 0
Other items (2) 0 0 [3]
Adjusted EBITDA 0 0
Las Vegas, NV [Member] | Operating Segments    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to company 72 147
Net loss attributable to noncontrolling interests   0
Income tax provision 0 0
Restructuring and support expenses and other (2) 0
Interest expense 78 5
Depreciation and amortization 142 79
Other operating costs 28 6 [1]
Stock-based compensation expense 2 1
Other items (2) 1 1 [3]
Adjusted EBITDA 321 239
Other U.S. [Member] | Operating Segments    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to company (50) 23
Net loss attributable to noncontrolling interests   (1)
Income tax provision 0 0
Restructuring and support expenses and other (2) 0
Interest expense 138 7
Depreciation and amortization 121 21
Other operating costs 6 1 [1]
Stock-based compensation expense 2 0
Other items (2) 1 1 [3]
Adjusted EBITDA $ 216 $ 52
[1] (1) Amounts primarily represent costs incurred in connection with costs associated with the development activities and reorganization activities, and/or recoveries associated with such items.
[2] As a result of the consolidation of CEOC LLC beginning on the Effective Date, $11 million of stock-based compensation expense was recorded for three months ended March 31, 2018 as compared to the three months ended March 31, 2017 which includes $1 million due to the CAC Merger.
[3] (2) Other items includes other add-backs and deductions to arrive at Adjusted EBITDA but not separately identified such as litigation awards and settlements, costs associated with CEOC’s restructuring and related litigation, severance and relocation costs, sign-on and retention bonuses, permit remediation costs, and business optimization expenses.