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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2017
Property, Plant and Equipment [Abstract]  
Property and Equipment, Net
Property and Equipment, Net
 
As of December 31,
(In millions)
2017
 
2016
Land and land improvements
$
4,930

 
$
3,584

Buildings, riverboats, and leasehold improvements
11,751

 
4,149

Furniture, fixtures, and equipment
1,277

 
1,346

Construction in progress
329

 
55

Total property and equipment
18,287

 
9,134

Less: accumulated depreciation
(2,133
)
 
(1,688
)
Total property and equipment, net
$
16,154

 
$
7,446

 
 
 
 
Capital lease assets, net book value (1)
$

 
$
7


____________________
(1) 
Included in furniture, fixtures, and equipment above.
Depreciation Expense and Other Amortization Expense
Depreciation Expense and Other Amortization Expense
 
Years Ended December 31,
(In millions)
2017
 
2016
 
2015
Depreciation expense (1)
$
555

 
$
369

 
$
301

Other amortization expense
4

 
5

 
8


____________________
(1) 
Depreciation expense for 2017 includes accelerated depreciation of $80 million due to asset removal and replacement in connection with property renovations primarily at Flamingo Las Vegas, Bally’s Las Vegas, Harrah’s Las Vegas, Harrah’s Laughlin, Planet Hollywood and Harrah’s New Orleans compared with $55 million in 2016 primarily at Planet Hollywood, Paris Las Vegas, Harrah’s Las Vegas and Flamingo Las Vegas and $6 million in 2015 primarily at Harrah’s Las Vegas.