Quarterly Results Of Operations

12 Months Ended

Dec. 31, 2010

Quarterly Results Of Operations [Abstract]

Quarterly Results Of Operations

Note 24—Quarterly Results of Operations (Unaudited)

(In millions)	First Quarter			Second Quarter			Third Quarter			Fourth Quarter			Year
2010
Revenues	$	2,188.4		$	2,220.7		$	2,288.5		$	2,121.0		$	8,818.6
Income/(loss) from operations(a)		225.8			(0.3	)		175.7			131.1			532.3
Net loss		(193.6	)		(272.5	)		(163.2	)		(194.0	)		(823.3	)
Net loss attributable to Caesars Entertainment Corporation		(195.6	)		(274.0	)		(164.8	)		(196.7	)		(831.1	)
2009
Revenues		2,254.7			2,271.4			2,282.2			2,099.1			8,907.4
Income/(loss) from operations(a)		285.4			6.3			(1,050.2	)		150.7			(607.8	)
Net (loss)/income(b)		(127.4	)		2,296.8			(1,621.0	)		298.3			846.4
Net (loss)/income attributable to Caesars Entertainment Corporation		(132.7	)		2,289.0			(1,624.3	)		295.6			827.6

(a) Income/(loss) from operations includes the following items on a pre-tax basis:

(In millions)	First Quarter		Second Quarter		Third Quarter		Fourth Quarter		Year
2010
Impairment of intangible assets	$	—	$	100.0	$	44.0	$	49.0	$	193.0
Write-downs, reserves and recoveries		12.5		95.1		28.7		11.3		147.6
2009
Impairment of intangible assets		—		297.1		1,328.6		12.3		1,638.0
Write-downs, reserves and recoveries		27.4		26.9		24.3		29.3		107.9

(b) The sum of the quarterly amounts do not necessarily equal the annual amount reported, as quarterly amounts are computed independently for each quarter and for the full year. The difference is rounding.