XML 44 R6.htm IDEA: XBRL DOCUMENT v3.7.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 12 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities          
Net income/(loss) $ (524) $ (274) $ (2,747) $ 6,052 $ (2,866)
Adjustments to reconcile net income/(loss) to cash flows from operating activities:          
Loss/(income) from discontinued operations 0 (33) (3,380) (155) 143
Gain on deconsolidation of CEOC     0 (7,125) 0
Loss on extinguishment of debt     0 0 96
Depreciation and amortization     439 374 651
Amortization of deferred finance costs and debt discount/premium     24 38 438
Provision for doubtful accounts     11 11 50
Impairment of intangible and tangible assets     0 1 994
Share-based compensation expense     228 94 94
Deferred income taxes     2 (113) (440)
Other non-cash adjustments to net income/(loss)     14 1 50
Net changes in:          
Accounts receivable     (22) (51) 12
Due to/due from affiliates, net     19 (28) 3
Inventories, prepayments and other current assets     (11) 1 (21)
Deferred charges and other     0 (17) 1
Accounts payable     39 (47) (47)
Interest payable     (64) (41) 342
Accrued expenses     50 45 (155)
Restructuring accruals     5,696 905 0
Deferred credits and other     10 (5) (201)
Other     0 3 35
Cash flows provided by/(used in) operating activities 125 64 308 (57) (821)
Cash flows from investing activities          
Acquisitions of property and equipment, net of change in related payables (72) (44) (220) (341) (991)
Deconsolidation of CEOC cash     0 (985) 0
Return of investment from discontinued operations 0 68 132 142 87
Contributions to discontinued operations     (56) (15) (89)
Proceeds from the sale and maturity of investments 5 20 46 29 24
Payments to Acquire Interest in Subsidiaries and Affiliates 10 0      
Payments to acquire investments (6) (3) (23) (27) 0
Other 0 (1) 0 (3) 69
Cash flows used in investing activities (83) 40 (121) (1,200) (900)
Cash flows from financing activities          
Proceeds from long-term debt and revolving credit facilities 0 55 120 310 4,436
Debt issuance and extension costs and fees     0 0 (196)
Repayments of long-term debt and revolving credit facilities (54) (104) (268) (450) (2,833)
Payment of contingent consideration     0 (1) 0
Repurchase of CIE shares and distribution of sale proceeds 0 (28) (1,126) (65) 0
Proceeds from sale of interest in subsidiary     0 0 8
Issuance of common stock, net of fees     0 0 136
Distributions to noncontrolling interest owners (12) (6) (270) (36) 0
Other (7) 3 11 25 (30)
Cash flows provided by/(used in) financing activities (73) (80) (1,533) (217) 1,521
Cash flows from discontinued operations          
Cash flows from operating activities 0 53 168 159 26
Cash flows from investing activities 0 (6) 4,379 (12) (26)
Cash flows from financing activities 0 (68) (76) (158) (5)
Net cash from discontinued operations 0 (21) 4,471 (11) (5)
Change in cash, cash equivalents, and restricted cash classified as assets held for sale 0 18 112 (8) (52)
Net increase/(decrease) in cash, cash equivalents, and restricted cash (31) 21 3,237 (1,493) (257)
Cash, cash equivalents, and restricted cash, beginning of period 4,631 1,394 1,394 2,887 3,144
Cash, cash equivalents, and restricted cash, end of period 4,600 1,415 4,631 1,394 2,887
Supplemental Cash Flow Information          
Cash paid for interest 75 80 634 696 2,070
Cash paid for income taxes 0 24 65 80 50
Capital Expenditures Incurred but Not yet Paid $ (2) $ 9 14 (35) 46
Change in assets acquired through financing activities and capital leases     $ 0 $ 0 $ 30