| 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 | | | | | | | | | | | | | | Years Ended December 31, | (In millions, except per share data) | 2018 | | 2017 | | 2016 | Income/(loss) from continuing operations attributable to Caesars, net of income taxes | $ | 303 |
| | $ | (368 | ) | | $ | (6,429 | ) | Income from discontinued operations attributable to Caesars, net of income taxes | — |
| | — |
| | 3,380 |
| Net income/(loss) attributable to Caesars | 303 |
| | (368 | ) | | (3,049 | ) | Dilutive effect of CEC Convertible Notes, net of tax | 42 |
| | — |
| | — |
| Adjusted net income/(loss) attributable to Caesars | $ | 345 |
| | $ | (368 | ) | | $ | (3,049 | ) | | | | | | | Weighted-average common shares outstanding - basic | 686 |
| | 279 |
| | 146 |
| Dilutive potential common shares: Stock-based compensation awards | 4 |
| | — |
| | — |
| Dilutive potential common shares: CEC Convertible Notes | 151 |
| | — |
| | — |
| Weighted-average common shares outstanding - diluted | 841 |
| | 279 |
| | 146 |
| | | | | | | Basic earnings/(loss) per share from continuing operations | $ | 0.44 |
| | $ | (1.32 | ) | | $ | (43.96 | ) | Basic earnings per share from discontinued operations | — |
| | — |
| | 23.11 |
| Basic earnings/(loss) per share | $ | 0.44 |
| | $ | (1.32 | ) | | $ | (20.85 | ) | | | | | | | Diluted earnings/(loss) per share from continuing operations | $ | 0.41 |
| | $ | (1.32 | ) | | $ | (43.96 | ) | Diluted earnings per share from discontinued operations | — |
| | — |
| | 23.11 |
| Diluted earnings/(loss) per share | $ | 0.41 |
| | $ | (1.32 | ) | | $ | (20.85 | ) |
Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS | | | | | | | | | | | Years Ended December 31, | (In millions) | 2018 | | 2017 | | 2016 | Stock-based compensation awards | 11 |
| | 21 |
| | 19 |
| CEC Convertible Notes | — |
| | 36 |
| | — |
| Total anti-dilutive common stock | 11 |
| | 57 |
| | 19 |
|
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