Business Combinations (Tables)

9 Months Ended

Sep. 30, 2018

Schedule of Business Acquisitions, by Acquisition [Table Text Block]



(In millions)
Cash paid	$	1,636
Deferred consideration ⁽¹⁾	66
Total purchase price	$	1,702

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⁽¹⁾

Deferred consideration is payable in an installment of $25 million on the second anniversary of the Centaur Closing Date and $50 million on the third anniversary of the Centaur Closing Date with prepayments and right of setoff permitted, subject to the terms and conditions of the Unit Purchase Agreement. $66 million represents the present value of future expected cash flows.

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed [Table Text Block]



(In millions)	Fair Value			Weighted-Average Useful Life (years)
Assets acquired:
Cash and cash equivalents	$	39
Receivables, net	2
Other current assets	26
Property and equipment	297
Intangible assets other than goodwill
Trade names and trademarks	14			2.5
Gaming rights ⁽¹⁾	1,390
Customer relationships	41			15.0
Total assets	1,809

Liabilities assumed:
Current liabilities	(92		)
Deferred income taxes	(285		)
Total liabilities	(377		)
Net identifiable assets acquired	1,432
Goodwill	270
Total Centaur equity value	$	1,702

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⁽¹⁾

Indefinite-lived intangible assets.

Business Acquisition, Pro Forma Information [Table Text Block]



	Three Months Ended September 30,						Nine Months Ended September 30,
(In millions)	2018			2017			2018			2017
Net revenues	$	2,210		$	1,116		$	6,551		$	3,337
Net loss attributable to Caesars	(70		)	(230		)	(26		)	(2,131		)