Basis of Presentation and Principles of Consolidation (Tables)

3 Months Ended

Mar. 31, 2020

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of cash and cash equivalents

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)	March 31, 2020		December 31, 2019
Cash and cash equivalents	$	2,677	$	1,755
Restricted cash, current	119		117
Restricted cash, non-current	10		12
Total cash, cash equivalents, and restricted cash	$	2,806	$	1,884

Schedule of 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)	March 31, 2020		December 31, 2019
Cash and cash equivalents	$	2,677	$	1,755
Restricted cash, current	119		117
Restricted cash, non-current	10		12
Total cash, cash equivalents, and restricted cash	$	2,806	$	1,884

Schedule of assets and liabilities

(In millions)	March 31, 2020
Cash and cash equivalents	$	4
Property and equipment, net	20
Goodwill	5
Intangible assets other than goodwill	7
Other	2
Less: valuation allowance	(9		)
Assets held for sale	$	29
Current liabilities	$	2
Deferred credits and other liabilities	3
Liabilities held for sale included in Accrued expenses and other current liabilities	$	5

As of March 31, 2020 and December 31, 2019, 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:

(In millions)	Accrual Obligation End Date	March 31, 2020		December 31, 2019
Iowa greyhound pari-mutuel racing fund	December 2021	$	17	$	17
Unbundling of electric service provided by NV Energy	February 2024	46		49
Total		$	63	$	66