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Quarterly Results of Operations - Unaudited (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Results of Operations
As recast for CAC Merger
 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
2017
 
 
 
 
 
 
 
 
 
Net revenues
$
966

 
$
1,008

 
$
993

 
$
1,901

 
$
4,868

Income from operations
150

 
149

 
83

 
155

 
537

Net income/(loss)
(508
)
 
(1,432
)
 
(439
)
 
2,004

 
(375
)
Net income/(loss) attributable to Caesars
(507
)
 
(1,432
)
 
(433
)
 
2,004

 
(368
)
Basic earnings/(loss) per share
(3.44
)
 
(9.62
)
 
(2.90
)
 
3.01

 
(1.32
)
Diluted earnings/(loss) per share
(3.44
)
 
(9.62
)
 
(2.90
)
 
2.48

 
(1.32
)
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Net revenues
$
953

 
$
993

 
$
985

 
$
946

 
$
3,877

Income/(loss) from operations
80

 
106

 
(52
)
 
92

 
226

Net loss
(284
)
 
(2,050
)
 
(277
)
 
(467
)
 
(3,078
)
Net loss attributable to Caesars
(287
)
 
(2,054
)
 
(244
)
 
(464
)
 
(3,049
)
Basic loss per share
(1.97
)
 
(14.09
)
 
(1.66
)
 
(3.16
)
 
(20.85
)
Diluted loss per share
(1.97
)
 
(14.09
)
 
(1.66
)
 
(3.16
)
 
(20.85
)
 
 
 
 
 
 
 
 
 
 
As previously reported
 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
2017
 
 
 
 
 
 
 
 
 
Net revenues
$
963

 
$
1,002

 
$
986

 
 
 
 
Income from operations
158

 
157

 
86

 
 
 
 
Net loss
(524
)
 
(1,426
)
 
(460
)
 
 
 
 
Net loss attributable to Caesars
(546
)
 
(1,442
)
 
(468
)
 
 
 
 
Basic loss per share
(3.71
)
 
(9.68
)
 
(3.14
)
 
 
 
 
Diluted loss per share
(3.71
)
 
(9.68
)
 
(3.14
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Net revenues
$
950

 
$
992

 
$
986

 
$
949

 
$
3,877

Income/(loss) from operations
88

 
111

 
(44
)
 
102

 
257

Net income/(loss)
(274
)
 
(2,043
)
 
5

 
(435
)
 
(2,747
)
Net loss attributable to Caesars
(308
)
 
(2,077
)
 
(643
)
 
(541
)
 
(3,569
)
Basic loss per share
(2.12
)
 
(14.25
)
 
(4.38
)
 
(3.68
)
 
(24.41
)
Diluted loss per share
(2.12
)
 
(14.25
)
 
(4.38
)
 
(3.68
)
 
(24.41
)
Comparison to recast
 
 
 
 
 
 
 
 
 
(In millions, except per share amounts)
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
 
Total
2017
 
 
 
 
 
 
 
 
 
Net revenues
$
3

 
$
6

 
$
7

 
 
 
 
Income from operations
(8
)
 
(8
)
 
(3
)
 
 
 
 
Net loss
16

 
(6
)
 
21

 
 
 
 
Net loss attributable to Caesars
39

 
10

 
35

 
 
 
 
Basic loss per share
0.27

 
0.06

 
0.24

 
 
 
 
Diluted loss per share
0.27

 
0.06

 
0.24

 
 
 
 
 
 
 
 
 
 
 
 
 
 
2016
 
 
 
 
 
 
 
 
 
Net revenues
$
3

 
$
1

 
$
(1
)
 
$
(3
)
 
$

Income/(loss) from operations
(8
)
 
(5
)
 
(8
)
 
(10
)
 
(31
)
Net income/(loss)
(10
)
 
(7
)
 
(282
)
 
(32
)
 
(331
)
Net loss attributable to Caesars
21

 
23

 
399

 
77

 
520

Basic loss per share
0.15

 
0.16

 
2.72

 
0.52

 
3.56

Diluted loss per share
0.15

 
0.16

 
2.72

 
0.52

 
3.56