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Earnings Per Share (Notes)
 6 Months Ended
Jun. 30, 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 June 30,
 
Six Months Ended June 30,
(In millions, except per share data)
2019
 
2018
 
2019
 
2018
Net income/(loss) attributable to Caesars
$
(315
)
 
$
29

 
$
(532
)
 
$
(5
)
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
673

 
698

 
672

 
697

Dilutive potential common shares: Stock-based compensation awards
—

 
4

 
—

 
—

Weighted-average common shares outstanding - diluted
673

 
702

 
672

 
697

 
 
 
 
 
 
 
 
Basic and diluted earnings/(loss) per share
$
(0.47
)
 
$
0.04

 
$
(0.79
)
 
$
(0.01
)

Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(In millions)
2019
 
2018
 
2019
 
2018
Stock-based compensation awards
23

 
1

 
23

 
27

CEC Convertible Notes
151

 
150

 
151

 
150

Total anti-dilutive common stock
174

 
151

 
174

 
177