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Consolidated Condensed Statements of Operations and Comprehensive Income/(Loss) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Net revenues $ 1,828 $ 2,115
Operating expenses    
Property, general, administrative, and other 488 460
Reimbursable management costs 51 52
Depreciation and amortization 256 247
Impairment of tangible and other intangible assets 65 0
Corporate expense 50 83
Other operating costs 21 29
Total operating expenses 1,894 1,875
Income/(loss) from operations (66) 240
Interest expense (333) (349)
Other income/(loss) 641 (138)
Income/(loss) before income taxes 242 (247)
Income tax benefit/(provision) (54) 29
Net income/(loss) 188 (218)
Net loss attributable to noncontrolling interests 1 1
Net income/(loss) attributable to Caesars $ 189 $ (217)
Earnings/(loss) per share - basic and diluted (see Note 10)    
Basic earnings/(loss) per share (usd per share) $ 0.28 $ (0.32)
Diluted earnings/(loss) per share (usd per share) $ (0.36) $ (0.32)
Weighted-average common shares outstanding - basic (in shares) 682 670
Weighted-average common shares outstanding - diluted (in shares) 837 670
Comprehensive income/(loss)    
Foreign currency translation adjustments $ (19) $ 0
Change in fair market value of interest rate swaps, net of tax (52) (17)
Other 0 2
Other comprehensive loss, net of income taxes (71) (15)
Comprehensive income/(loss) 117 (233)
Amounts attributable to noncontrolling interests:    
Foreign currency translation adjustments 5 2
Comprehensive loss attributable to noncontrolling interests 6 3
Comprehensive income/(loss) attributable to Caesars 123 (230)
Casino    
Net revenues 958 1,083
Direct operating expenses 590 618
Food and beverage    
Net revenues 330 398
Direct operating expenses 258 269
Rooms    
Net revenues 317 386
Direct operating expenses 115 117
Other revenue    
Net revenues 163 181
Management fees    
Net revenues 9 15
Reimbursed management costs    
Net revenues $ 51 $ 52