CONSOLIDATED CONDENSED BALANCE SHEETS (UNAUDITED) - USD ($) $ in Millions	Jun. 30, 2026	Dec. 31, 2025
CURRENT ASSETS:
Cash and cash equivalents	$ 965	$ 887
Restricted cash	96	85
Accounts receivable, net	485	476
Inventories	49	43
Prepayments and other current assets	382	312
Total current assets	1,977	1,803
Investments in and advances to unconsolidated affiliates	124	133
Property and equipment, net	14,125	14,358
Goodwill	10,441	10,441
Intangible assets other than goodwill	3,959	3,985
Deferred tax asset	68	67
Other long-term assets, net	1,048	852
Total assets	31,742	31,639
CURRENT LIABILITIES:
Accounts payable	290	297
Accrued interest	222	224
Accrued other liabilities	1,696	1,618
Current portion of long-term debt	114	114
Total current liabilities	2,322	2,253
Long-term financing obligations	13,157	13,096
Long-term debt	11,585	11,670
Deferred tax liability	57	58
Other long-term liabilities	1,069	876
Total liabilities	28,190	27,953
Commitments and contingencies (Note 5)
STOCKHOLDERS’ EQUITY:
Caesars stockholders’ equity	3,375	3,504
Noncontrolling interests	177	182
Total stockholders’ equity	3,552	3,686
Total liabilities and stockholders’ equity	$ 31,742	$ 31,639