Goodwill and Intangible Assets, net (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Goodwill and Other Intangible Assets, Net

			Non-Amortizing Intangible Assets
(In millions)	Amortizing Intangible Assets		Goodwill		Other
December 31, 2019	$	53	$	910	$	1,058
Amortization	(35)		—		—
Impairments	—		(100)		(20)
Acquired (a)	488		8,649		3,081
Assets held for sale (see Note 4)	(5)		(9)		(154)
September 30, 2020	$	501	$	9,450	$	3,965

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(a)Includes intangible assets and goodwill acquired upon Merger and $20 million of acquisition of gaming rights. See Note 2 and Note 13 for further detail.

Schedule of Finite-Lived Intangible Assets

	September 30, 2020							December 31, 2019
(Dollars in millions)	Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets
Customer relationships	3 - 7 years	$	488	$	(71)	$	417	$	101	$	(48)	$	53
Gaming rights and others	34.2 years	84		—		84		—		—		—
		$	572	$	(71)	501		$	101	$	(48)	53
Non-amortizing intangible assets
Trademarks						2,202						165
Gaming rights						1,223						893
Caesars Rewards						540						—
						3,965						1,058
Total amortizing and non-amortizing intangible assets, net						$	4,466					$	1,111

Schedule of Indefinite-Lived Intangible Assets

	September 30, 2020							December 31, 2019
(Dollars in millions)	Useful Life	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
Amortizing intangible assets
Customer relationships	3 - 7 years	$	488	$	(71)	$	417	$	101	$	(48)	$	53
Gaming rights and others	34.2 years	84		—		84		—		—		—
		$	572	$	(71)	501		$	101	$	(48)	53
Non-amortizing intangible assets
Trademarks						2,202						165
Gaming rights						1,223						893
Caesars Rewards						540						—
						3,965						1,058
Total amortizing and non-amortizing intangible assets, net						$	4,466					$	1,111

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense

Estimated Five-Year Amortization
			Years Ended December 31,
(In millions)	Remaining 2020		2021		2022		2023		2024		2025
Estimated annual amortization expense	$	20	$	78	$	64	$	60	$	60	$	60