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Earnings Per Share (Notes)
 9 Months Ended
Sep. 30, 2018
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] Earnings Per Share
Basic earnings per share (“EPS”) is computed by dividing the applicable income amounts by the weighted-average number of shares of common stock outstanding. Diluted earnings per share is computed by dividing the applicable income amounts by the sum of weighted-average number of shares of common stock outstanding and dilutive potential common stock.
For a period in which Caesars generated a net loss, the weighted-average basic shares outstanding was used in calculating diluted loss per share because using diluted shares would have been anti-dilutive to loss per share.
Basic and Dilutive Net Earnings Per Share Reconciliation
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions, except per share data)
2018
 
2017
 
2018
 
2017
Net income/(loss) attributable to Caesars
$
110

 
$
(433
)
 
$
105

 
$
(2,372
)
Dilutive effect of CEC Convertible Notes, net of tax
9

 
—

 
—

 
—

Adjusted net income/(loss) attributable to Caesars
$
119

 
$
(433
)
 
$
105

 
$
(2,372
)
 
 
 
 
 
 
 
 
Weighted-average common shares outstanding - basic
681

 
149

 
692

 
148

Dilutive potential common shares: Stock-based compensation awards
4

 
—

 
5

 
—

Dilutive potential common shares: CEC Convertible Notes
150

 
—

 
—

 
—

Weighted-average common shares outstanding - diluted
835

 
149

 
697

 
148

 
 
 
 
 
 
 
 
Basic earnings/(loss) per share
$
0.16

 
$
(2.90
)
 
$
0.15

 
$
(15.97
)
Diluted earnings/(loss) per share
$
0.14

 
$
(2.90
)
 
$
0.15

 
$
(15.97
)

Weighted-Average Number of Anti-Dilutive Shares Excluded from Calculation of EPS
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(In millions)
2018
 
2017
 
2018
 
2017
Stock-based compensation awards
1

 
16

 
1

 
19

CEC Convertible Notes
—

 
—

 
150

 
—

Total anti-dilutive common stock
1

 
16

 
151

 
19