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Revenue Recognition (Tables)

9 Months Ended

Sep. 30, 2019

Revenue from Contract with Customer [Abstract]

Schedule of receivables and contract liabilities

Receivables

(In millions)	September 30, 2019		December 31, 2018
Casino	$	184	$	188
Food and beverage and rooms ⁽¹⁾	75		62
Entertainment and other	68		77
Contract receivables, net	327		327
Real estate leases	12		15
Other	107		115
Receivables, net	$	446	$	457

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⁽¹⁾

As a result of the adoption of ASC 842, as of January 1, 2019, revenue generated from the lease components of lodging arrangements and conventions as well as their associated receivables are no longer considered contract revenue or contract receivables under ASC 606, Revenue from Contracts with Customers. A portion of this balance relates to lease receivables under ASC 842. See Note 7 for further details.

Contract Liabilities

(In millions)	Caesars Rewards			Customer Advance Deposits			Total
Balance as of June 30, 2019 ⁽¹⁾	$	71		$	121		$	192
Amount recognized during the period ⁽²⁾	(34		)	(158		)	(192		)
Amount accrued during the period	41			159			200
Balance as of September 30, 2019 ⁽³⁾	$	78		$	122		$	200

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⁽¹⁾	Includes lodging arrangement and convention contract liabilities accounted for under ASC 842. See Note 7 for further details.


⁽²⁾	Includes $5 million for Caesars Rewards and $3 million for Customer Advances recognized from the June 30, 2019 Contract liability balances.


⁽³⁾	$8 million included within Deferred credits and other liabilities as of September 30, 2019. Includes lodging arrangement and convention contract liabilities accounted for under ASC 842. See Note 7 for further details.



(In millions)	Caesars Rewards			Customer Advance Deposits			Total
Balance as of December 31, 2018 ⁽¹⁾	$	66		$	83		$	149
Amount recognized during the period ⁽²⁾	(99		)	(457		)	(556		)
Amount accrued during the period	111			496			607
Balance as of September 30, 2019 ⁽³⁾	$	78		$	122		$	200

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⁽¹⁾	$5 million included within Deferred credits and other liabilities as of December 31, 2018.


⁽²⁾	Includes $30 million for Caesars Rewards and $65 million for Customer Advances recognized from the December 31, 2018 Contract liability balances.

⁽³⁾

$8 million included within Deferred credits and other liabilities as of September 30, 2019. Includes lodging arrangement and convention contract liabilities accounted for under ASC 842. See Note 7 for further details.