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Property and Equipment (Tables)
12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Estimated Useful Lives [Table Text Block]
Useful Lives
Land improvements
 
 
12
years
Buildings
5
to
40
years
Building and leasehold improvements
3
to
30
years
Riverboats and barges
 
 
30
years
Furniture, fixtures, and equipment
2.5
to
12
years
Property and Equipment, Net
Property and Equipment, Net
 
As of December 31,
(In millions)
2018
 
2017 (1)
Land
$
4,871

 
$
4,857

Buildings, riverboats, and leasehold and land improvements
12,243

 
11,824

Furniture, fixtures, and equipment
1,563

 
1,277

Construction in progress
406

 
329

Total property and equipment
19,083

 
18,287

Less: accumulated depreciation
(3,038
)
 
(2,133
)
Total property and equipment, net
$
16,045

 
$
16,154


____________________
(1) 
We reclassified $73 million in land improvements to Buildings, riverboats and leasehold and land improvements to align with our 2018 reporting presentation.
Depreciation Expense and Other Amortization Expense
Depreciation Expense and Other Amortization Expense
 
Years Ended December 31,
(In millions)
2018
 
2017
 
2016
Depreciation expense (1)
$
1,074

 
$
555

 
$
369

Other amortization expense
3

 
4

 
5


____________________
(1) 
Depreciation expense for 2018 includes accelerated depreciation of $83 million due to asset removal and replacement in connection with property renovations primarily at Flamingo Las Vegas, Harrah’s Atlantic City, Paris Las Vegas, Harrah’s Las Vegas and Bally’s Las Vegas compared with $80 million in 2017 primarily at Flamingo Las Vegas, Bally’s Las Vegas, Harrah’s Las Vegas, Harrah’s Laughlin, Planet Hollywood and Harrah’s New Orleans and $55 million in 2016 primarily at Planet Hollywood, Paris Las Vegas, Harrah’s Las Vegas and Flamingo Las Vegas.