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Debt (Tables)
6 Months Ended
Jun. 30, 2015
Debt Disclosure [Abstract]  
Outstanding Debt
Summary of Debt by Financing Structure
 
June 30, 2015
 
December 31, 2014

(In millions)
Face Value
 
Book Value
 
Book Value
CEOC
$

 
$

 
$
15,930

CERP
4,728

 
4,655

 
4,754

CGP
2,436

 
2,366

 
2,312

CEC
3

 
3

 
13

Total Debt
7,167

 
7,024

 
23,009

Current Portion of Long-Term Debt
(222
)
 
(222
)
 
(15,779
)
Long-Term Debt
$
6,945

 
$
6,802

 
$
7,230

Outstanding Debt CEOC [Table Text Block]
CEOC Debt
As described in Note 4, we deconsolidated CEOC effective January 15, 2015. Therefore, no amounts are reported for CEOC debt as of June 30, 2015.
 
 
 
December 31, 2014
(In millions)
 
 
Book Value
Credit Facilities (1)
 
 
$
5,106

Secured Debt
 
 
9,884

Subsidiary-Guaranteed Debt
 
 
477

Unsecured Senior Debt
 
 
463

Other Unsecured Borrowings
 
 
77

Total CEOC Debt
 
 
16,007

Additional Debt Discount
 
 
(77
)
Total CEOC Debt, as consolidated
 
 
$
15,930

___________________
(1) CEC guarantees collection of amounts under the CEOC Credit Facilities (see Note 1)
Outstanding Debt CERP [Table Text Block]
CERP Debt
 
June 30, 2015
 
December 31, 2014
Detail of Debt (Dollars in millions)
Final
Maturity
 
Rate(s)
 
Face Value
 
Book Value
 
Book Value
Secured Debt
 
 
 
 
 
 
 
 
 
CERP Term Loan
2020
 
7.00%
 
$
2,463

 
$
2,411

 
$
2,420

CERP Revolving Credit Facility
2018
 
various
 
95

 
95

 
180

CERP First Lien Notes
2020
 
8.00%
 
1,000

 
991

 
990

CERP Second Lien Notes
2021
 
11.00%
 
1,150

 
1,138

 
1,137

Capitalized Lease Obligations
to 2017
 
various
 
9

 
9

 
13

Other Unsecured Borrowings
 
 
 
 
 
 
 
 
 
Other
2016
 
0.00% - 6.00%
 
11

 
11

 
14

Total CERP Debt
 
4,728

 
4,655

 
4,754

Current Portion of CERP Long-Term Debt
 
(133
)
 
(133
)
 
(39
)
CERP Long-Term Debt
 
$
4,595

 
$
4,522

 
$
4,715

Outstanding Debt CGP [Table Text Block]
CGP Debt
 
June 30, 2015
 
December 31, 2014
Detail of Debt (Dollars in millions)
Final
Maturity
 
Rate(s)
 
Face Value
 
Book Value
 
Book Value
Secured Debt
 
 
 
 
 
 
 
 
 
CGPH Term Loan (1)
2021
 
6.25%
 
$
1,163

 
$
1,129

 
$
1,133

CGPH Notes (1)
2022
 
9.38%
 
675

 
660

 
659

Horseshoe Baltimore Credit and FF&E Facilities
to 2020
 
8.25% - 8.75%
 
330

 
316

 
316

Cromwell Credit Facility
2019
 
11.00%
 
183

 
177

 
178

Capital Lease Obligations
to 2017
 
various
 
2

 
2

 
4

CGPH Revolving Credit Facility
2019
 
5.44%
 
60

 
60

 

Other
2018
 
8.00%
 
5

 
4

 
4

Other Unsecured Borrowings
 
 
 
 
 
 
 
 
 
Special Improvement District Bonds
2037
 
5.30%
 
14

 
14

 
14

Other
2016
 
various
 
4

 
4

 
4

Total CGP Debt (2)
 
2,436

 
2,366

 
2,312

Current Portion of CGP Long-Term Debt
 
(86
)
 
(86
)
 
(20
)
CGP Long-Term Debt
 
$
2,350

 
$
2,280

 
$
2,292

____________________
(1) 
Guaranteed by an indirect subsidiary of Caesars Growth Partners, LLC and certain of its wholly owned subsidiaries
(2) 
As of June 30, 2015, CIE had $40 million drawn under a revolver arrangement with Caesars Entertainment. Accordingly, such debt is not considered outstanding in the above presentation.