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Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Basic and Dilutive Net Earnings Per Share Reconciliation
Basic and Dilutive Net Earnings Per Share Reconciliation
 
Years Ended December 31,
(In millions, except per share data)
2019
 
 2018 (1)
 
2017
Net income/(loss) attributable to Caesars
$
(1,195
)
 
$
303

 
$
(368
)
Dilutive effect of CEC Convertible Notes, net of tax
—

 
(510
)
 
—

Adjusted net loss attributable to Caesars
$
(1,195
)
 
$
(207
)
 
$
(368
)
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
676

 
686

 
279

Dilutive potential common shares: Stock-based compensation awards
—

 
4

 
—

Dilutive potential common shares: CEC Convertible Notes
—

 
151

 
—

Weighted-average common shares outstanding - diluted
676

 
841

 
279

 
 
 
 
 
 
Basic earnings/(loss) per share
$
(1.77
)
 
$
0.44

 
$
(1.32
)
Diluted loss per share
$
(1.77
)
 
$
(0.25
)
 
$
(1.32
)

____________________
(1) 
The Company identified an error in the computation of Diluted EPS in the financial statements for the year ended December 31, 2018. The Company did not reverse the changes in fair value of the CEC Convertible Notes, net of tax, which was a gain of $552 million from Net income/(loss) attributable to Caesars for the purpose of calculation of Diluted EPS. The Dilutive effect of CEC Convertible Notes, net of tax of $42 million for the year ended December 31, 2018 has been corrected to be $(510) million. As a result, Diluted EPS for the year ended December 31, 2018 was overstated by $0.66 per share. Diluted EPS of $0.41 for the year ended December 31, 2018 has been corrected to Diluted loss per share of $0.25. This error had no effect on Net Income/(Loss) on our Statements of Operations, our Balance Sheets, Statements of Cash Flows, or Consolidated Statements of Stockholders’ Equity/Deficit, as of, and for the year ended December 31, 2018.
Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
 
Years Ended December 31,
(In millions)
2019
 
2018
 
2017
Stock-based compensation awards
20

 
11

 
21

CEC Convertible Notes
151

 
—

 
36

Total anti-dilutive common stock
171

 
11

 
57