2020 Form 10-K Financial Statement

#000159089521000085 Filed on March 01, 2021

View on sec.gov

Income Statement

Concept 2020 2019 Q4 2019
Revenue $3.628B $592.1M $2.528B
YoY Change 43.51% -11.85% 22.96%
Cost Of Revenue $1.963B $294.8M $1.252B
YoY Change 56.78% -15.65% 13.6%
Gross Profit $1.511B $297.4M $1.276B
YoY Change 18.41% -7.7% 33.79%
Gross Profit Margin 41.65% 50.23% 50.48%
Selling, General & Admin $882.0M $148.4M $606.1M
YoY Change 45.52% -10.6% 32.97%
% of Gross Profit 58.37% 49.9% 47.5%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $583.0M $54.60M $222.0M
YoY Change 162.61% -6.19% 41.4%
% of Gross Profit 38.58% 18.36% 17.4%
Operating Expenses $1.465B $203.0M $827.7M
YoY Change 77.0% -9.46% 34.96%
Operating Profit -$383.0M $58.91M $410.0M
YoY Change -193.41% -32.07% 32.26%
Interest Expense $1.202B -$61.00M $286.0M
YoY Change 320.28% -21.59% 66.28%
% of Operating Profit -103.54% 69.76%
Other Income/Expense, Net -$1.223B -$285.0M
YoY Change 329.12% 62.86%
Pretax Income -$1.606B -$8.100M $125.0M
YoY Change -1384.8% -190.0% -7.41%
Income Tax $132.0M $5.100M $44.00M
% Of Pretax Income 35.2%
Net Earnings -$1.757B -$13.22M $81.00M
YoY Change -2269.14% 10915.83% -14.74%
Net Earnings / Revenue -48.43% -2.23% 3.2%
Basic Earnings Per Share -$13.50 -$0.17 $1.04
Diluted Earnings Per Share -$13.50 -$0.17 $1.03
COMMON SHARES
Basic Shares Outstanding 130.0M shares 77.74M 78.00M shares
Diluted Shares Outstanding 130.0M shares 77.74M 79.00M shares

Balance Sheet

Concept 2020 2019 Q4 2019
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.758B $241.0M $241.0M
YoY Change 629.46% -2.82% -2.82%
Cash & Equivalents $1.758B $206.0M $206.0M
Short-Term Investments $35.00M $35.00M
Other Short-Term Assets $4.483B $288.0M $288.0M
YoY Change 1456.6% 25.76% 25.76%
Inventory $44.00M $18.00M $18.00M
Prepaid Expenses $66.00M
Receivables $338.0M $54.00M $54.00M
Other Receivables $44.00M $4.000M $4.000M
Total Short-Term Assets $6.667B $605.0M $605.0M
YoY Change 1001.98% 5.55% 5.58%
LONG-TERM ASSETS
Property, Plant & Equipment $14.33B $2.615B $2.803B
YoY Change 411.34% -9.28% -2.77%
Goodwill $910.0M
YoY Change -9.75%
Intangibles $1.111B
YoY Change -18.37%
Long-Term Investments $173.0M $136.0M $136.0M
YoY Change 27.21%
Other Assets $1.236B $264.0M $76.00M
YoY Change 1526.32% 216.37% -10.59%
Total Long-Term Assets $29.72B $5.036B $5.036B
YoY Change 490.11% -5.66% -5.66%
TOTAL ASSETS
Total Short-Term Assets $6.667B $605.0M $605.0M
Total Long-Term Assets $29.72B $5.036B $5.036B
Total Assets $36.39B $5.641B $5.641B
YoY Change 545.01% -4.58% -4.57%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $165.0M $62.00M $62.00M
YoY Change 166.13% 5.94% 5.08%
Accrued Expenses $1.468B $319.0M $319.0M
YoY Change 360.19% 11.93% 11.93%
Deferred Revenue $32.00M
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $67.00M $246.0M $246.0M
YoY Change -72.76% 53146.75%
Total Short-Term Liabilities $2.585B $688.0M $688.0M
YoY Change 275.73% 71.07% 71.14%
LONG-TERM LIABILITIES
Long-Term Debt $26.37B $2.325B $3.295B
YoY Change 700.24% -28.71% -21.94%
Other Long-Term Liabilities $1.232B $343.0M $343.0M
YoY Change 259.18% 481.36% 481.36%
Total Long-Term Liabilities $27.60B $2.668B $3.638B
YoY Change 658.66% -19.65% -15.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.585B $688.0M $688.0M
Total Long-Term Liabilities $27.60B $2.668B $3.638B
Total Liabilities $31.37B $4.524B $4.523B
YoY Change 593.54% -7.34% -7.35%
SHAREHOLDERS EQUITY
Retained Earnings $366.0M
YoY Change 26.12%
Common Stock $760.0M
YoY Change 1.59%
Preferred Stock
YoY Change
Treasury Stock (at cost) $9.000M
YoY Change -1.43%
Treasury Stock Shares 223.8K shares
Shareholders Equity $5.016B $1.117B $1.117B
YoY Change
Total Liabilities & Shareholders Equity $36.39B $5.641B $5.641B
YoY Change 545.01% -4.58% -4.57%

Cashflow Statement

Concept 2020 2019 Q4 2019
OPERATING ACTIVITIES
Net Income -$1.757B -$13.22M $81.00M
YoY Change -2269.14% 10915.83% -14.74%
Depreciation, Depletion And Amortization $583.0M $54.60M $222.0M
YoY Change 162.61% -6.19% 41.4%
Cash From Operating Activities -$586.0M $52.40M $312.5M
YoY Change -287.5% -12.52% -3.33%
INVESTING ACTIVITIES
Capital Expenditures $164.0M -$35.80M $171.0M
YoY Change -4.09% -38.59% 16.33%
Acquisitions $6.394B $0.00
YoY Change
Other Investing Activities -$6.000M $366.8M $0.00
YoY Change -145.02%
Cash From Investing Activities -$6.185B $331.0M $369.5M
YoY Change -1773.7% -137.91% -129.14%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$2.718B $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $10.64B -388.8M -$712.0M
YoY Change -1594.52% -238.76% -168.2%
NET CHANGE
Cash From Operating Activities -586.0M 52.40M 312.5M
Cash From Investing Activities -6.185B 331.0M 369.5M
Cash From Financing Activities $10.64B -388.8M -$712.0M
Net Change In Cash $4.063B -5.400M -$30.00M
YoY Change -13643.33% -98.99% -130.3%
FREE CASH FLOW
Cash From Operating Activities -$586.0M $52.40M $312.5M
Capital Expenditures $164.0M -$35.80M $171.0M
Free Cash Flow -$750.0M $88.20M $141.5M
YoY Change -629.94% -25.38% -19.72%

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CY2019Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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4000000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
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9000000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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437000000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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7000000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents Noncurrent
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7000000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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4216000000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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217000000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
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247000000 USD
CY2020 us-gaap Interest Paid Net
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892000000 USD
CY2019 us-gaap Interest Paid Net
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277000000 USD
CY2018 us-gaap Interest Paid Net
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166000000 USD
CY2020 us-gaap Income Taxes Paid Net
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-7000000 USD
CY2019 us-gaap Income Taxes Paid Net
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51000000 USD
CY2018 us-gaap Income Taxes Paid Net
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-4000000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
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40000000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
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11000000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
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12000000 USD
CY2020 czr Exchange For Sale Leaseback Financing Obligation
ExchangeForSaleLeasebackFinancingObligation
246000000 USD
CY2019 czr Exchange For Sale Leaseback Financing Obligation
ExchangeForSaleLeasebackFinancingObligation
0 USD
CY2018 czr Exchange For Sale Leaseback Financing Obligation
ExchangeForSaleLeasebackFinancingObligation
0 USD
CY2020 us-gaap Stock Issued1
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454000000 USD
CY2019 us-gaap Stock Issued1
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CY2018 us-gaap Stock Issued1
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CY2020 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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2381000000 USD
CY2019 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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0 USD
CY2018 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
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0 USD
CY2020Q4 us-gaap Number Of States In Which Entity Operates
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16 state
CY2020Q4 czr Number Of Slot Machines And Video Lottery Terminals
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54600 machine
CY2020Q4 czr Number Of Table Games
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3200 game
CY2020Q4 czr Number Of Rooms In Hotel
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47700 hotel
CY2020Q4 us-gaap Number Of Countries In Which Entity Operates
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5 country
CY2020Q4 czr Total Number Of Properties
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48 property
CY2020Q4 us-gaap Sale Of Stock Consideration Received On Transaction
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1900000000 USD
CY2020 us-gaap Number Of Reportable Segments
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3 regionorSegment
CY2020 czr Number Of Geographic Region
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3 regionorSegment
CY2020Q2 czr Percentage Of Furloughed Employees
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0.90
CY2020Q4 us-gaap Sale Of Stock Consideration Received On Transaction
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1900000000 USD
CY2020 us-gaap Advertising Expense
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64000000 USD
CY2019 us-gaap Advertising Expense
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29000000 USD
CY2018 us-gaap Advertising Expense
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34000000 USD
CY2020 us-gaap Prior Period Reclassification Adjustment Description
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<div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Reclassifications</span></div><div style="margin-top:9pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Certain reclassifications of prior year presentations have been made to conform to the current period presentation. Marketing and promotions expense previously disclosed for the years ended December 31, 2019 and 2018 has been reclassified to Casino and pari-mutuel commissions expense and General and administrative expense based on the nature of the expense.</span></div>
CY2020Q4 czr Deferred Finance Obligation
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CY2019 us-gaap Asset Impairment Charges
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4000000 USD
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CY2019Q4 us-gaap Property Plant And Equipment Gross
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3281000000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1049000000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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666000000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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14333000000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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2615000000 USD
CY2018Q4 us-gaap Goodwill Gross
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1053000000 USD
CY2019 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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41000000 USD
CY2019 czr Goodwill Assets Held For Sale
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81000000 USD
CY2019 us-gaap Goodwill Other Increase Decrease
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9000000 USD
CY2019Q4 us-gaap Goodwill Gross
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922000000 USD
CY2018Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
45000000 USD
CY2019 czr Goodwill Impaired Accumulated Impairment Loss Assets Held For Sale
GoodwillImpairedAccumulatedImpairmentLossAssetsHeldForSale
33000000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
12000000 USD
CY2019Q4 us-gaap Goodwill
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910000000 USD
CY2019Q4 us-gaap Goodwill Gross
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922000000 USD
CY2020 czr Goodwill Assets Held For Sale
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17000000 USD
CY2020 us-gaap Goodwill Acquired During Period
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8922000000 USD
CY2020Q4 us-gaap Goodwill Gross
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9827000000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
12000000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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1058000000 USD
CY2020 us-gaap Goodwill Impairment Loss
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100000000 USD
CY2020 czr Goodwill Impaired Accumulated Impairment Loss Assets Held For Sale
GoodwillImpairedAccumulatedImpairmentLossAssetsHeldForSale
8000000 USD
CY2020Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
104000000 USD
CY2020Q4 us-gaap Goodwill
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53000000 USD
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83000000 USD
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1278000000 USD
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1111000000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1361000000 USD
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0 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
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0 USD
CY2020 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
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22000000 USD
CY2019 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0 USD
CY2020 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
22000000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
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479000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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53000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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56000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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30000000 USD
CY2020 us-gaap Amortization Of Intangible Assets
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56000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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30000000 USD
CY2020 czr Amortizing Intangible Assets Held For Sale
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5000000 USD
CY2019 czr Amortizing Intangible Assets Held For Sale
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0 USD
CY2020 czr Indefinite Lived Excluding Goodwill Assets Held For Sale
IndefiniteLivedExcludingGoodwillAssetsHeldForSale
174000000 USD
CY2019 czr Indefinite Lived Excluding Goodwill Assets Held For Sale
IndefiniteLivedExcludingGoodwillAssetsHeldForSale
220000000 USD
CY2020 czr Indefinite Lived Intangible Assets Other Charges
IndefiniteLivedIntangibleAssetsOtherCharges
179000000 USD
CY2019 czr Indefinite Lived Intangible Assets Other Charges
IndefiniteLivedIntangibleAssetsOtherCharges
220000000 USD
CY2020 us-gaap Finitelived Intangible Assets Acquired1
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487000000 USD
CY2019 us-gaap Finitelived Intangible Assets Acquired1
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CY2020 us-gaap Indefinitelived Intangible Assets Acquired
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2912000000 USD
CY2019 us-gaap Indefinitelived Intangible Assets Acquired
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0 USD
CY2020 czr Intangible Assets Acquired
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3399000000 USD
CY2019 czr Intangible Assets Acquired
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0 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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3774000000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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1058000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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4253000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1111000000 USD
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572000000 USD
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93000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
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479000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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101000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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48000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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53000000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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3774000000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
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1058000000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
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4253000000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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1111000000 USD
CY2020 us-gaap Conversion Of Stock Amount Converted1
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379000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
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34000000 USD
CY2020 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
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58000000 USD
CY2020Q4 us-gaap Contract With Customer Liability Current
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251000000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
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32000000 USD
CY2020Q4 czr Accrued Payroll And Other Related Current
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178000000 USD
CY2019Q4 czr Accrued Payroll And Other Related Current
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41000000 USD
CY2020Q4 us-gaap Self Insurance Reserve Current
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223000000 USD
CY2019Q4 us-gaap Self Insurance Reserve Current
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35000000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
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159000000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
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67000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
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52000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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20000000 USD
CY2020Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
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51000000 USD
CY2019Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Reported Claims Amount
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0 USD
CY2020Q4 us-gaap Restructuring Reserve Current
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28000000 USD
CY2019Q4 us-gaap Restructuring Reserve Current
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0 USD
CY2020Q4 us-gaap Other Liabilities Current
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297000000 USD
CY2019Q4 us-gaap Other Liabilities Current
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112000000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
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1239000000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
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307000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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38000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
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424000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
188000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
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52000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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20000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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445000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
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177000000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P24Y3M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P34Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.083
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.072
CY2020 us-gaap Lease Cost
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100000000 USD
CY2019 us-gaap Lease Cost
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62000000 USD
CY2020 us-gaap Operating Lease Payments
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46000000 USD
CY2019 us-gaap Operating Lease Payments
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24000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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85000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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76000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
71000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
37000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
35000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
1272000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
1576000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1079000000 USD
CY2020Q4 us-gaap Operating Lease Liability
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497000000 USD
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P38Y
CY2020Q4 us-gaap Finance Lease Liability
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64000000 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
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64000000 USD
CY2020Q3 us-gaap Lessee Finance Lease Discount Rate
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0.1125
CY2020Q3 czr Lessee Annual Use Fee Of Property Plant And Equipment
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3000000 USD
CY2020 czr Failed Sale Leaseback Transaction Lease Term
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P35Y
CY2020 czr Failed Sale Leaseback Transaction Imputed Interest Rate
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0.0975
CY2020Q2 czr Lease Agreement Non Escalating Portion Base Rent
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24000000 USD
CY2020 us-gaap Lessor Operating Lease Option To Extend
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five years
CY2020 us-gaap Operating Lease Variable Lease Income
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13000000 USD
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0.0430
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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50000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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50000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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47000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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41000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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37000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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719000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
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944000000 USD
CY2020Q4 us-gaap Self Insurance Reserve
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223000000 USD
CY2020Q3 us-gaap Escrow Deposit
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9000000 USD
CY2020Q3 us-gaap Insurance Settlements Receivable
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44000000 USD
CY2020Q3 us-gaap Impairment Of Intangible Assets Excluding Goodwill
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15000000 USD
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29000000 USD
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67000000 USD
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67000000 USD
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67000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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4753000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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8226000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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1843000000 USD
CY2020Q4 us-gaap Long Term Debt
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15023000000 USD
CY2020Q4 czr Debt Estimate Interest Payment Due Period One
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840000000 USD
CY2020Q4 czr Debt Estimate Interest Payment Due Period Two
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810000000 USD
CY2020Q4 czr Debt Estimate Interest Payment Due Year Three
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790000000 USD
CY2020Q4 czr Debt Estimate Interest Payment Due Year Four
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810000000 USD
CY2020Q4 czr Debt Estimate Interest Payment Due Year Five
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480000000 USD
CY2020Q4 czr Debt Estimate Interest Payment Due Thereafter
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230000000 USD
CY2020Q4 czr Debt Estimate Interest Payment Due
DebtEstimateInterestPaymentDue
3960000000 USD
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907000000 USD
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2056000000 USD
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9765000000 USD
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3742000000 USD
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877000000 USD
CY2020Q4 czr Debt Service Obligation Maturities Repayments Of Principal Due Year Three
DebtServiceObligationMaturitiesRepaymentsOfPrincipalDueYearThree
857000000 USD
CY2020Q4 czr Debt Service Obligation Maturities Repayments Of Principal Due Year Four
DebtServiceObligationMaturitiesRepaymentsOfPrincipalDueYearFour
5563000000 USD
CY2020Q4 czr Debt Service Obligation Maturities Repayments Of Principal Due Year Five
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8706000000 USD
CY2020Q4 czr Debt Service Obligation Maturities Repayments Of Principal Due Thereafter
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2073000000 USD
CY2020Q4 czr Debt Service Obligation Maturities Repayments Of Principal Due
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18983000000 USD
CY2020 us-gaap Amortization Of Financing Costs And Discounts
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80000000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
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8000000 USD
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6000000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
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349000000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3474000000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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2528000000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
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4000000 USD
CY2020Q4 czr Account Receivable Net
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338000000 USD
CY2019Q4 czr Account Receivable Net
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54000000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable
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1000000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
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5000000 USD
CY2020 czr Accounts Receivable Allowance For Credit Loss Acquired
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130000000 USD
CY2019 us-gaap Provision For Doubtful Accounts
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1000000 USD
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0 USD
CY2018 czr Accounts Receivable Allowance For Credit Loss Acquired
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2000000 USD
CY2018 us-gaap Provision For Doubtful Accounts
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CY2020 us-gaap Provision For Doubtful Accounts
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CY2020 czr Accounts Receivable Allowance For Credit Loss Writeoff Recovery Net
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CY2020Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2020 us-gaap Net Income Loss
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CY2019 us-gaap Net Income Loss
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CY2018 us-gaap Net Income Loss
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CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
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130000000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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78000000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
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77000000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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130000000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019 us-gaap Earnings Per Share Diluted
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CY2018 us-gaap Earnings Per Share Diluted
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CY2020 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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CY2020 us-gaap Allocated Share Based Compensation Expense
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CY2019 us-gaap Allocated Share Based Compensation Expense
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CY2018 us-gaap Allocated Share Based Compensation Expense
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CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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9.96
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P3Y3M10D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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28.91
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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8.31
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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26.65
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
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0 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
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0
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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22.57
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
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P1Y8M15D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
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9000000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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176724 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
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CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
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P1Y8M15D
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9000000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Number
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CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Exercisable Weighted Average Exercise Price
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11.69
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
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P2Y6M29D
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4000000 USD
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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0 shares
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
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CY2018 us-gaap Proceeds From Stock Options Exercised
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CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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5000000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
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3000000 USD
CY2020Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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92000000 USD
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CY2020Q4 us-gaap Sale Of Stock Price Per Share
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CY2020 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
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10000000 USD
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CY2018 us-gaap Defined Contribution Plan Cost Recognized
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125000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
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135000000 USD
CY2020Q4 us-gaap Deferred Compensation Liability Classified Noncurrent
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CY2020 czr Multiemployer Plan Pension Insignificant Employer Contribution Cost
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
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CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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125000000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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135000000 USD
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CY2019 us-gaap Current Federal Tax Expense Benefit
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CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
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CY2020 us-gaap Current Foreign Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Expense Benefit
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CY2018 us-gaap Income Tax Expense Benefit
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CY2020 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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CY2018 us-gaap Discontinued Operation Tax Effect Of Discontinued Operation
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CY2020 us-gaap Other Comprehensive Income Loss Tax
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CY2019 us-gaap Other Comprehensive Income Loss Tax
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CY2018 us-gaap Other Comprehensive Income Loss Tax
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CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements State And Local
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements State And Local
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements State And Local
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Assets
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Assets
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Disposition Of Assets
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CY2020 czr Effective Income Tax Rate Reconciliation Transaction Expenses
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CY2019 czr Effective Income Tax Rate Reconciliation Transaction Expenses
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CY2020 czr Effective Income Tax Rate Reconciliation Nondeductible Expense Convertible Notes Cost Percent
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CY2019 czr Effective Income Tax Rate Reconciliation Nondeductible Expense Convertible Notes Cost Percent
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0
CY2018 czr Effective Income Tax Rate Reconciliation Nondeductible Expense Convertible Notes Cost Percent
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0
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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CY2018 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
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CY2020 czr Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act
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CY2019 czr Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act
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CY2018 czr Effective Income Tax Rate Reconciliation Tax Cuts And Jobs Act
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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CY2020 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
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CY2020 us-gaap Effective Income Tax Rate Continuing Operations
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78000000 USD
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CY2019Q4 us-gaap Deferred Tax Assets Other
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CY2020Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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CY2020Q4 czr Deferred Tax Assets Cares Act Deferred Payroll Tax
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151000000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Unrealized Currency Transaction Gains
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CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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CY2020Q4 czr Deferred Tax Liabilities Right Of Use Assets
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CY2020Q4 us-gaap Deferred Tax Liabilities Financing Arrangements
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CY2020Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
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CY2020Q4 us-gaap Deferred Tax Liabilities Other
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CY2020Q4 us-gaap Deferred Income Tax Liabilities
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CY2019Q4 us-gaap Deferred Income Tax Liabilities
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CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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CY2020Q4 us-gaap Deferred Tax Liabilities
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CY2019Q4 us-gaap Deferred Tax Liabilities
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CY2020 czr Increase Decrease In Net Deferred Tax Liabilities
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CY2020 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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1900000000 USD
CY2020Q4 czr Federal Jobs Credit Carryforwards
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108000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
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152000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Acquisition
UnrecognizedTaxBenefitsIncreasesResultingFromAcquisition
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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1000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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4000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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12000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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137000000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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2000000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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0 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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2000000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
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123000000 USD
CY2020Q4 us-gaap Due From Affiliate Current
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44000000 USD
CY2019Q4 us-gaap Due From Affiliate Current
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CY2020 us-gaap Number Of Reportable Segments
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3 reportable_business_segment
CY2020Q4 czr Area Of Room
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300000 sqft
CY2020Q4 czr Number Of Ballrooms
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2 ballroom
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737000000 USD
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697000000 USD
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516000000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020 us-gaap Income Tax Expense Benefit
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CY2019 us-gaap Income Tax Expense Benefit
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44000000 USD
CY2018 us-gaap Income Tax Expense Benefit
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40000000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 us-gaap Other Nonoperating Income Expense
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CY2019 us-gaap Other Nonoperating Income Expense
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9000000 USD
CY2018 us-gaap Other Nonoperating Income Expense
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CY2020 us-gaap Interest Expense
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1174000000 USD
CY2019 us-gaap Interest Expense
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286000000 USD
CY2018 us-gaap Interest Expense
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172000000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
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583000000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
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222000000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
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157000000 USD
CY2020 us-gaap Asset Impairment Charges
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215000000 USD
CY2019 us-gaap Asset Impairment Charges
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1000000 USD
CY2018 us-gaap Asset Impairment Charges
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14000000 USD
CY2020 us-gaap Other Cost And Expense Operating
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268000000 USD
CY2019 us-gaap Other Cost And Expense Operating
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37000000 USD
CY2018 us-gaap Net Income Loss
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95000000 USD
CY2018 us-gaap Other Cost And Expense Operating
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17000000 USD
CY2020 us-gaap Employee Benefits And Share Based Compensation
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78000000 USD
CY2019 us-gaap Employee Benefits And Share Based Compensation
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20000000 USD
CY2018 us-gaap Employee Benefits And Share Based Compensation
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13000000 USD
CY2020 us-gaap Other Labor Related Expenses
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30000000 USD
CY2019 us-gaap Other Labor Related Expenses
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7000000 USD
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5000000 USD
CY2020 us-gaap Net Income Loss
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CY2019 us-gaap Net Income Loss
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81000000 USD
CY2020 czr Capital Expenditures Net
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169000000 USD
CY2019 czr Capital Expenditures Net
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171000000 USD
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147000000 USD
CY2020Q4 us-gaap Assets
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36385000000 USD
CY2019Q4 us-gaap Assets
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5641000000 USD
CY2020Q4 us-gaap Amount Of Restricted Net Assets For Consolidated And Unconsolidated Subsidiaries
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4900000000 USD

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