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Acquisitions, Investments, Dispositions and Divestitures (Tables)
12 Months Ended
Dec. 31, 2012
Business Combinations [Abstract]  
Purchase Price Allocation of Assets and Liabilities
The purchase price allocation includes assets and liabilities of Playtika as follows:
(In millions)
May 16, 2011
Assets
 
Total current assets
$
6.5

Goodwill
50.7

Intangible assets other than goodwill
25.0

 
82.2

Liabilities
 
Total current liabilities
(5.9
)
Total long term liabilities
(5.3
)
Redeemable non-controlling interests
(36.0
)
Net assets acquired
$
35.0

Components of Assets and Liabilities Held for Sale
Assets and liabilities classified as held for sale at December 31, 2012 and 2011 are as follows:
 
2012
 
2011
(In millions)
Macau
 
Harrah's St. Louis
 
Macau
 
Total
Assets
 
 
 
 
 
 
 
Cash and cash equivalents
$
4.7

 
$
10.0

 
$
3.4

 
$
13.4

Other current assets
0.4

 
1.6

 
0.5

 
2.1

     Assets held for sale, current
$
5.1

 
$
11.6

 
$
3.9

 
$
15.5

 
 
 
 
 
 
 
 
Property and equipment, net
$
471.2

 
$
196.1

 
$
584.3

 
$
780.4

Goodwill

 
104.4

 

 
104.4

Intangible assets other than goodwill

 
292.7

 

 
292.7

Other long-term assets

 
0.2

 

 
0.2

     Assets held for sale, non-current
$
471.2

 
$
593.4

 
$
584.3

 
$
1,177.7

 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
Accounts payable and accrued expenses
$
3.8

 
$
10.1

 
$
3.4

 
$
13.5

     Liabilities held for sale, current
$
3.8

 
$
10.1

 
$
3.4

 
$
13.5

 
 
 
 
 
 
 
 
Deferred credits and other
$
0.2

 
$

 
$
0.1

 
$
0.1

Deferred income taxes
51.9

 

 
66.2

 
66.2

     Liabilities held for sale, non-current
$
52.1

 
$

 
$
66.3

 
$
66.3

Income from Discontinued Operations
Net revenues, (loss)/income from operations before income taxes, and net (loss)/income presented as discontinued operations are as follows:
 
Year ended December 31,
(In millions)
2012
 
2011
 
2010
Net revenues
 
 
 
 
 
     Harrah's St. Louis
$
208.4

 
$
257.7

 
$
262.4

     Macau
3.6

 
3.5

 
3.0

           Total net revenues
$
212.0

 
$
261.2

 
$
265.4

 
 
 
 
 
 
Pre-tax (loss)/income from operations
 
 
 
 
 
     Harrah's St. Louis
$
62.2

 
$
75.3

 
$
65.7

     Macau
(121.6
)
 
(16.1
)
 
(15.8
)
           Total pre-tax (loss)/income from discontinued operations
$
(59.4
)
 
$
59.2

 
$
49.9

 
 
 
 
 
 
(Loss)/income, net of income taxes
 
 
 
 
 
     Harrah's St. Louis
$
(1.7
)
 
$
45.8

 
$
39.8

     Macau
(107.8
)
 
(14.4
)
 
(13.7
)
           Total (loss)/income from discontinued operations, net of income taxes
$
(109.5
)
 
$
31.4

 
$
26.1