Litigation, Contractual Commitments, and Contingencies (Tables)

12 Months Ended

Dec. 31, 2019

Commitments and Contingencies Disclosure [Abstract]

Effect on Statements of Operations of Discontinued Operations

Subsequent to December 31, 2019, the seller informed us that pursuant to certain conditions in the agreement that they wished to renegotiate the previously agreed upon sales price. We still believe the transaction will close in 2020 and therefore still meets the criteria of assets as held for sale as of the balance sheet date. The following table summarizes assets and liabilities classified as held for sale within our All Other segment.

(In millions)	December 31, 2019
Cash and cash equivalents	$	6
Property and equipment, net	26
Goodwill	5
Intangible assets other than goodwill	11
Other	2
Assets held for sale	$	50
Current liabilities	$	2
Deferred credits and other liabilities	4
Liabilities held for sale included in Accrued expenses and other current liabilities	$	6

As of December 31, 2019 and 2018, exit costs were included in Accrued expenses and other current liabilities and Deferred credits and other liabilities on the accompanying Balance Sheets for accruals related to the following:

		As of December 31,
(In millions)	Accrual Obligation End Date	2019		2018
Future obligations under land lease agreements (1)	December 2092	$	—	$	43
Iowa greyhound pari-mutuel racing fund	December 2021	17		33
Permanent closure of international properties (2)	January 2032	—		10
Unbundling of electric service provided by NV Energy	February 2024	49		58
Total		$	66	$	144

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⁽¹⁾   Associated with the abandonment of a construction project near the Mississippi Gulf Coast.

⁽²⁾  

Properties include Alea Leeds, Golden Nugget and Southend. As a result of the adoption of ASC 842, as of January 1, 2019, accruals associated with future obligations for leases not in use have been applied against the carrying amount of the ROU assets. See Note 10.