Acquisitions, Investments and Dispositions (Tables)

9 Months Ended

Sep. 30, 2012

Components of Assets and Liabilities Held for Sale

All assets and liabilities to be sold pursuant to the purchase agreement have been classified as held for sale in our consolidated condensed balance sheets at September 30, 2012 and December 31, 2011, as follows:

(In millions)	September 30, 2012		December 31, 2011
Assets
Cash and cash equivalents	$	8.4	$	10.0
Other current assets		1.3		1.6
Assets held for sale, current	$	9.7	$	11.6
Property and equipment, net	$	194.9	$	196.1
Goodwill		104.4		104.4
Intangible assets other than goodwill		292.7		292.7
Other long-term assets		0.3		0.2
Assets held for sale, non-current	$	592.3	$	593.4
Liabilities
Accounts payable and accrued expenses	$	8.2	$	10.1
Liabilities held for sale, current	$	8.2	$	10.1

Income from Discontinued Operations

Net revenues, income before income taxes and net income of Harrah’s St. Louis, which are presented as discontinued operations in our consolidated condensed statements of comprehensive loss for the quarters and nine months ended September 30, 2012 and 2011, were as follows:

	Quarter Ended September  30,				Nine Months  Ended September 30,
(In millions)	2012		2011		2012		2011
Net revenues	$	60.8	$	64.3	$	189.3	$	194.6
Pre-tax income from discontinued operations	$	4.6	$	18.4	$	46.5	$	57.9
Discontinued operations, net of income taxes	$	2.8	$	11.2	$	28.5	$	35.2