XML 63 R51.htm IDEA: XBRL DOCUMENT v3.8.0.1
Revenue Recognition Revenue Recognition - Effect of Adopting New Revenue Recognition Standard (Details) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Dec. 31, 2017
Dec. 31, 2016
Receivables, net $ 439   $ 494  
Property and equipment, net 15,975   16,154 [1]  
Accrued expenses and other current liabilities (2) 1,163   1,326 [2]  
Current portion of contract liabilities 143   129 [2]  
Contract liabilities 7   2  
Financing obligations 9,388   9,355 [1]  
Deferred credits and other liabilities 1,331   1,472  
Net revenues 1,972 $ 966    
Total operating expenses 1,847 816    
Income/(loss) from operations 125 150    
Net income/(loss) (34) (508)    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest $ 3,302 (2,111) 3,297 $ (1,606)
Adjustments for New Accounting Pronouncement [Member]        
Receivables, net     (2)  
Property and equipment, net [1]     (74)  
Accrued expenses and other current liabilities (2) [2]     (133)  
Current portion of contract liabilities [2]     129  
Contract liabilities     2  
Financing obligations [1]     (74)  
Deferred credits and other liabilities     (1)  
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest     1 3
Scenario, Previously Reported [Member]        
Receivables, net     496  
Property and equipment, net [1]     16,228  
Accrued expenses and other current liabilities (2) [2]     1,459  
Current portion of contract liabilities [2]     0  
Contract liabilities     0  
Financing obligations [1]     9,429  
Deferred credits and other liabilities     1,473  
Net revenues   963    
Total operating expenses   814    
Income/(loss) from operations   149    
Net income/(loss)   (508)    
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest     $ 3,296 $ (1,609)
Scenario, Previously Reported [Member] | Consolidation, Eliminations [Member]        
Net revenues   0    
Total operating expenses   0    
Income/(loss) from operations   0    
Net income/(loss)   14    
Scenario, Previously Reported [Member] | Caesars Entertainment Corporation [Member]        
Net revenues   963    
Total operating expenses   805    
Income/(loss) from operations   158    
Net income/(loss)   (524)    
Scenario, Previously Reported [Member] | Caesars Acquisition Company [Member]        
Net revenues   0    
Total operating expenses   9    
Income/(loss) from operations   (9)    
Net income/(loss)   $ 2    
[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.