XML 86 R74.htm IDEA: XBRL DOCUMENT v3.19.1
Segment Reporting - Adjusted EBITDA (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to Caesars $ (217) $ (34)
Net Income (Loss) Attributable to Noncontrolling Interest (1) 0
Income tax benefit (1) [1],[2] (29) 13
Other income/(loss) [3],[4] (138) 184
Interest expense 349 330
Depreciation and amortization 247 280
Other operating costs [5] 29 66
Stock-based compensation expense 21 18
Other items (4) [6] 25 29
Adjusted EBITDA 562 518
Corporate and Other [Member]    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to Caesars (334) (56)
Net Income (Loss) Attributable to Noncontrolling Interest 0  
Income tax benefit (1) [1],[2] (29) 13
Other income/(loss) [3],[4] (138) 180
Interest expense 123 114
Depreciation and amortization 16 17
Other operating costs [5] 14 32
Stock-based compensation expense 17 14
Other items (4) [6] 24 27
Adjusted EBITDA (31) (19)
Operating Segments | Las Vegas, NV [Member]    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to Caesars 143 72
Net Income (Loss) Attributable to Noncontrolling Interest 0  
Income tax benefit (1) [1],[2] 0 0
Other income/(loss) [3],[4] 0 2
Interest expense 83 78
Depreciation and amortization 128 142
Other operating costs [5] 3 28
Stock-based compensation expense 2 2
Other items (4) [6] 1 1
Adjusted EBITDA 360 321
Operating Segments | Other U.S.    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to Caesars (26) (50)
Net Income (Loss) Attributable to Noncontrolling Interest (1)  
Income tax benefit (1) [1],[2] 0 0
Other income/(loss) [3],[4] 0 2
Interest expense 143 138
Depreciation and amortization 103 121
Other operating costs [5] 12 6
Stock-based compensation expense 2 2
Other items (4) [6] 0 1
Adjusted EBITDA 233 216
Intersegment Elimination    
Segment Reporting Information [Line Items]    
Net income/(loss) attributable to Caesars 0 0
Net Income (Loss) Attributable to Noncontrolling Interest 0  
Income tax benefit (1) [1],[2] 0 0
Other income/(loss) [3],[4] 0 0
Interest expense 0 0
Depreciation and amortization 0 0
Other operating costs [5] 0 0
Stock-based compensation expense 0 0
Other items (4) [6] 0 0
Adjusted EBITDA $ 0 $ 0
[1] (1) Taxes are recorded at the consolidated level and not estimated or recorded to our Las Vegas and Other U.S. segments.
[2] (4) Taxes are recorded at the consolidated level and not estimated or recorded to our Las Vegas and Other U.S. segments
[3] (2) Amounts include changes in fair value of the derivative liability related to the conversion option of the CEC Convertible Notes and the disputed claims liability as well as interest and dividend income.
[4] (3) Amounts include changes in fair value of the derivative liability related to the conversion option of the CEC Convertible Notes and the disputed claims liability as well as interest and dividend income.
[5] (3) Amounts primarily represent costs incurred in connection with development activities and reorganization activities, and/or recoveries associated with such items, including acquisition and integration costs, contract exit fees including exiting the fully bundled sales system of NV Energy for electric service at our Nevada properties, lease termination costs, weather related property closure costs, severance costs, gains and losses on asset sales, demolition costs primarily at our Las Vegas properties for renovations, and project opening costs.
[6] (4) Amounts include other add-backs and deductions to arrive at Adjusted EBITDA but not separately identified such as professional and consulting services, sign-on and retention bonuses, business optimization expenses and transformation expenses, severance and relocation costs, litigation awards and settlements, and permit remediation costs.