Basis of Presentation and Principles of Consolidation (Tables)

9 Months Ended

Sep. 30, 2018

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Reconciliation of Cash, Cash Equivalents, and Restricted Cash

Cash, Cash Equivalents, and Restricted Cash

The following table provides a reconciliation of cash, cash equivalents, and restricted cash reported on the Balance Sheets that sum to amounts reported on the Statements of Cash Flows.

(In millions)	September 30, 2018		December 31, 2017
Cash and cash equivalents	$	1,563	$	2,558
Restricted cash, current	123		116
Restricted cash, non-current	40		35
Total cash, cash equivalents, and restricted cash	$	1,726	$	2,709

Reconciliation of Net Revenues and Net Income/(Loss)

The following table reconciles the previously-reported net revenues and net income/(loss) of Caesars to the amounts reported in the Statements of Operations after giving effect to the CAC Merger (see Note 1) and adoption of the new revenue recognition standard (see Note 12).

Reconciliation of Net Revenues and Net Income/(Loss)
(In millions)	Three Months Ended September 30, 2017			Nine Months Ended September 30, 2017
Net revenues
Caesars previously reported	$	986		$	2,951
CAC	—			—
Adoption of new revenue recognition standard (1)	7			16
As currently reported	$	993		$	2,967
Net income/(loss)
Caesars previously reported	$	(460	)	$	(2,410	)
CAC	5			4
Elimination and consolidation adjustments	14			23
Adoption of new revenue recognition standard (1)	2			4
As currently reported	$	(439	)	$	(2,379	)

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See above.