Company: CZR
Filing Date: 2025-02-25
Form Type: 10-K
Source: 0001590895-25-000068
Chunk: 603

Company: Caesars Entertainment, Inc.
Filing Date: 2025-02-25
Form: 10-K
Item: Item 1A
Chunk 603
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242 369 Accrued other liabilities 1,625 1,848 Current portion of long-term debt109 65 Total current liabilities2,272 2,690 Long-term financing obligation12,899 12,759 Long-term debt12,033 12,224 Deferred tax liability130 102 Other long-term liabilities880 871 Total liabilities28,214 28,646 Commitments and contingencies (Note 8)STOCKHOLDERS' EQUITY:Preferred stock, $0.00001 par value, 150,000,000 shares authorized, no shares issued and outstanding— — Common stock, $0.00001 par value, 500,000,000 shares authorized, 211,325,086 and 215,800,650 issued and outstanding, net of treasury shares— — Additional paid-in capital6,862 7,001 Accumulated deficit(2,801)(2,523)Treasury stock at cost, 0 and 363,016 shares held— (23)Accumulated other comprehensive income96 97 Caesars stockholders' equity4,157 4,552 Noncontrolling interests219 168 Total stockholders’ equity4,376 4,720 Total liabilities and stockholders’ equity$32,590 $33,366 

The accompanying notes are an integral part of these consolidated financial statements.

Table of Contents60

CAESARS ENTERTAINMENT, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

Years Ended December 31,(In millions, except per share data)202420232022NET REVENUES:Casino$6,267 $6,367 $5,997 Food and beverage1,716 1,728 1,596 Hotel2,016 2,090 1,957 Other1,246 1,343 1,271 Net revenues11,245 11,528 10,821 OPERATING EXPENSES:Casino3,370 3,342 3,526 Food and beverage1,073 1,049 935 Hotel580 570 529 Other396 434 411 General and administrative1,920 2,012 2,068 Corporate307 306 286 Impairment charges302 95 108 Depreciation and amortization1,324