Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Composition of Stock-Based Compensation Expense

Composition of Stock-Based Compensation Expense
	Three Months Ended March 31,
(In millions)	2019		2018
Corporate expense	$	16	$	13
Property, general, administrative, and other	5		5
Total stock-based compensation expense	$	21	$	18

Stock Option and Restricted Stock Unit Activity

Outstanding at End of Period
	March 31, 2019			December 31, 2018
	Quantity	Wtd Avg (1)		Quantity	Wtd Avg (1)
Stock options (2)	8,330,297	$	10.63	8,360,365	$	10.63
Restricted stock units (3)	16,204,046	11.17		13,455,092	11.51
Performance stock units (4)	2,417,300	8.69		1,466,183	6.79
Market-based stock units (5)	657,207	12.63		—	—

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⁽¹⁾  Represents weighted average exercise price for stock options, weighted average grant date fair value for RSUs, the price of CEC common stock as of the balance sheet date until a grant date is achieved for PSUs and the fair value of the MSUs determined using the Monte-Carlo simulation model.

⁽²⁾  During the three months ended March 31, 2019, there were no grants of stock options and no stock options were exercised.

⁽³⁾  During the three months ended March 31, 2019, 4.7 million RSUs were granted under the 2017 PIP and 1.8 million RSUs vested.

⁽⁴⁾  During the three months ended March 31, 2019, 953 thousand PSUs were granted under the 2017 PIP and no PSUs vested.

⁽⁵⁾ 

During the three months ended March 31, 2019, 657 thousand MSUs were granted under the 2017 PIP and no MSUs vested.