Property and Equipment (Tables)

3 Months Ended

12 Months Ended

Mar. 31, 2017

Dec. 31, 2016

Property, Plant and Equipment [Abstract]

Property and Equipment, Net

(In millions)	March 31, 2017			December 31, 2016
Land and land improvements	$	3,584		$	3,584
Buildings and leasehold improvements	4,164			4,149
Furniture, fixtures, and equipment	1,354			1,346
Construction in progress	97			55
Total property and equipment	9,199			9,134
Less: accumulated depreciation	(1,770		)	(1,688		)
Total property and equipment, net	$	7,429		$	7,446

Property and Equipment, Net
	As of December 31,
(In millions)	2016			2015
Land and land improvements	$	3,584		$	3,584
Buildings and leasehold improvements	4,149			4,128
Furniture, fixtures, and equipment	1,346			1,307
Construction in progress	55			59
Total property and equipment	9,134			9,078
Less: accumulated depreciation	(1,688		)	(1,494		)
Total property and equipment, net	$	7,446		$	7,584

Depreciation Expense and Capitalized Interest

Depreciation Expense and Capitalized Interest
	Three Months Ended March 31,
(In millions)	2017		2016
Depreciation expense (1)	$	87	$	96
Capitalized interest	1		—

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⁽¹⁾  Depreciation expense in the first quarter of 2017 includes $5 million in accelerated depreciation primarily related to renovations at Planet Hollywood Resort & Casino compared with $20 million in 2016 that was accelerated due to asset removal and replacement in connection with property renovations primarily at Harrah’s Las Vegas and Flamingo Las Vegas.

Depreciation Expense
	Years Ended December 31,
(In millions)	2016		2015		2014
Depreciation expense	$	369	$	301	$	538

Tangible Asset Impairments

Tangible Asset Impairments
	Years Ended December 31,
(In millions)	2016		2015		2014
Continuing operations	$	—	$	1	$	60