Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 1089

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 2
Chunk 1089
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 zone are at least 80% funded. All plans detailed in the table above utilized extended amortization provisions to calculate zone status.(b)Indicates plans for which a financial improvement plan (“FIP”) or a rehabilitation plan (“RP”) is either pending or has been implemented.(c)The terms of the current agreement continue indefinitely until either party provides appropriate notice of intent to terminate the contract.(d)The Company provided more than 5% of the total contributions for the plan year ended December 31, 2023 and as of the date the financial statements were issued, Forms 5500 were not available for the 2024 plan year.(e)The HEREIU Pension Fund consists of two separate plans, the Legacy Plan of the HEREIU Pension Fund and the Adjustable Plan of the HEREIU Pension Fund. CEI makes a single contribution to the HEREIU Pension Fund, the Trustees of which allocate such contribution between the Legacy Plan and the Adjustable Plan. The contribution amount reflected to the Legacy Plan is the aggregate contribution made to the HEREIU Pension Fund before such allocation between the Legacy Plan and the Adjustable Plan of the HEREIU Pension Fund.

Table of Contents92

CAESARS ENTERTAINMENT, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (CONTINUED)

Note 14. Income Taxes 

The components of the Company’s provision for income taxes for the years ended December 31, 2024, 2023 and 2022 are presented below.Components of Income (Loss) Before Income TaxesYears Ended December 31,(In millions)202420232022United States$(150)$(90)$(590)Outside of the U.S.26 30 25 $(124)$(60)$(565)Income Tax Provision (Benefit) from Continuing OperationsYears Ended December 31,(In millions)202420232022United StatesCurrentFederal$38 $— $— State & Local27 23 7 DeferredFederal36 (754)(57)State & Local(23)(166)2 Outside of the U.S.Current10 9 7 Deferred(1)— — $87 $(888)$(41)The following is an allocation of the total income tax provision (benefit) for the years ended December 31, 2024, 2023 and 2022:Years Ended December 31,(In millions)202420232022Income tax provision (benefit) applicable to:Income from continuing operations$87 $(