XML 15 R4.htm IDEA: XBRL DOCUMENT v2.3.0.15
Consolidated Condensed Statements Of Operations (USD $)
In Millions, except Per Share data
3 Months Ended9 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Sep. 30, 2010
Revenues    
Casino$ 1,690.2$ 1,784.3$ 5,029.5$ 5,251.3
Food and beverage403.8395.01,165.01,157.8
Rooms315.0296.0917.2858.5
Management fees9.79.127.731.2
Other164.8155.5473.4439.9
Less: casino promotional allowances(329.5)(351.4)(950.7)(1,041.1)
Net revenues2,254.02,288.56,662.16,697.6
Operating expenses    
Casino955.51,010.92,827.92,982.9
Food and beverage174.5164.0500.3469.7
Rooms75.067.2217.1195.5
Property general, administrative and other551.8540.81,593.01,580.0
Depreciation181.3181.4532.2548.1
Project opening costs 1.74.24.0
Write-downs, reserves and recoveries39.628.782.9136.3
Impairment of intangible assets 44.0 144.0
Loss on interests in non-consolidated affiliates1.11.74.22.1
Corporate expense36.532.4115.1103.8
Acquisition and integration costs1.30.73.68.3
Amortization of intangible assets39.239.3117.7121.7
Total operating expenses2,055.82,112.85,998.26,296.4
Income from operations198.2175.7663.9401.2
Interest expense, net of interest capitalized(450.3)(523.6)(1,448.3)(1,471.9)
Gains on early extinguishments of debt 77.447.948.7
Other income, including interest income8.29.816.728.2
Loss before income taxes(243.9)(260.7)(719.8)(993.8)
Benefit for income tax70.597.5248.5364.5
Net loss(173.4)(163.2)(471.3)(629.3)
Less: net loss/(income) attributable to non-controlling interests9.4(1.6)4.3(5.1)
Net loss attributable to Caesars Entertainment Corporation$ (164.0)$ (164.8)$ (467.0)$ (634.4)
Loss per share - basic and diluted$ (2.28)$ (2.72)$ (6.50)$ (11.70)
Basic and diluted weighted-average common shares outstanding71.860.671.854.2