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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents ($58 and $58 attributable to our VIEs) $ 2,485 $ 2,558
Restricted cash 115 116
Receivables, net 439 494
Due from affiliates, net 7 11
Prepayments and other current assets ($5 and $2 attributable to our VIEs) 235 239
Inventories 42 39
Total current assets 3,323 3,457
Property and equipment, net ($67 and $57 attributable to our VIEs) 15,975 16,154 [1]
Goodwill 3,817 3,815
Intangible assets other than goodwill 1,597 1,609
Restricted cash 42 35
Deferred income taxes 2 2
Deferred charges and other assets ($30 and $0 attributable to our VIEs) 395 364
Total assets 25,151 25,436
Current liabilities    
Accounts payable ($6 and $3 attributable to our VIEs) 239 318
Accrued expenses and other current liabilities (2) 1,163 1,326 [2]
Interest payable 78 38
Current portion of contract liabilities 143 129 [2]
Current portion of financing obligations 10 9
Current portion of long-term debt 64 64
Total current liabilities 1,697 1,884
Contract liabilities 7 2
Financing obligations 9,388 9,355 [1]
Long-term debt 8,837 8,849
Deferred income taxes 589 577
Deferred credits and other liabilities 1,331 1,472
Total liabilities 21,849 22,139
Commitments and contingencies (Note 7)
Stockholders’ equity    
Caesars stockholders’ equity 3,210 3,226
Noncontrolling interests 92 71
Total stockholders’ equity 3,302 3,297
Total liabilities and stockholders’ equity $ 25,151 $ 25,436
[1] The conditions that were considered prohibited forms of continuing involvement related to our sale of the Golf Course Properties (see Note 7) are no longer considered continuing involvement under the new revenue recognition standard. As of result of adopting the new standard on full retrospective basis, we are now reflecting this transaction as a completed sale in the period in which it occurred.
[2] Adjustments are primarily related to the reclassification of assets and liabilities to in accordance with the new accounting and disclosure requirements.