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Earnings Per Share (Notes)
3 Months Ended
Mar. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] 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 EPS 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
 
Three Months Ended March 31,
(In millions, except per share data)
2019
 
2018
Net loss attributable to Caesars
$
(217
)
 
$
(34
)
Weighted-average common shares outstanding
670

 
697

Basic and diluted loss per share
$
(0.32
)
 
$
(0.05
)

Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
 
Three Months Ended March 31,
(In millions)
2019
 
2018
Stock-based compensation awards
23

 
25

CEC Convertible Notes
151

 
150

Total anti-dilutive common stock
174

 
175