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Stock-Based Compensation (Tables)
9 Months Ended
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Composition of Stock-Based Compensation Expense
Composition of Stock-Based Compensation Expense
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Corporate expense
$
13

 
$
7

 
$
41

 
$
23

Property, general, administrative, and other
4

 
1

 
14

 
3

Total stock-based compensation expense
$
17

 
$
8

 
$
55

 
$
26

Stock Option and Restricted Stock Unit Activity
Outstanding at End of Period
 
September 30, 2018
 
December 31, 2017
 
Quantity (1)
 
Wtd Avg (2)
 
Quantity
 
Wtd Avg (2)
Stock options (3)
8,642,179

 
$
10.48

 
9,227,890

 
$
10.36

Restricted stock units (4)
16,964,640

 
11.72

 
17,274,659

 
11.22

Performance stock units (5)
1,535,385

 
10.25

 

 

____________________
(1) 
During the nine months ended September 30, 2018, 4.1 million RSUs were issued under the 2017 Performance Incentive Plan. There were no grants of stock options during the nine months ended September 30, 2018.
(2) 
Represents weighted average exercise price for stock options, weighted average grant date fair value for RSUs, and the price of CEC common stock as of the balance sheet date for PSUs.
(3) 
During the nine months ended September 30, 2018, 526,174 stock options were exercised.
(4) 
During the nine months ended September 30, 2018, 3,684,153 restricted stock units vested.
(5) 
No PSUs have vested during the nine months ended September 30, 2018.