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Assets and Liabilities Held for Sale (Tables)
12 Months Ended
Dec. 31, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Assets and Liabilities Held for Sale, Accounted Carrying Value Lower than Fair Value and Information of Net Operating Revenues and Net Income (Loss)
The assets and liabilities held for sale within continuing operations, accounted for at carrying value unless fair value is lower, were as follows as of December 31, 2021 and 2020:
Baton Rouge
(In millions)December 31, 2021December 31, 2020
Assets:
Cash$$
Property and equipment, net
Other assets, net
Assets held for sale$$
Liabilities:
Current liabilities$$
Other long-term liabilities
Liabilities related to assets held for sale$$
The following information presents the net revenues and net loss of our held for sale property, with operations included in continuing operations, that has not been sold:
Baton Rouge
Years Ended December 31,
(In millions)20212020
Net revenues$17 $15 
Net loss(2)(70)
Year Ended December 31, 2021
(In millions)EvansvilleMontBleu
Net revenues$58 $11 
Net income26 
Year Ended December 31, 2020
(In millions)Kansas CityVicksburgShreveportEvansvilleMontBleu
Net revenues$18 $$68 $98 $31 
Net income (loss)(1)12 (5)(42)
Year Ended December 31, 2019
(In millions)PresqueNemacolinMountaineerCape
 Girardeau
CaruthersvilleKansas CityVicksburg
Net revenues$$$118 $54 $33 $63 $21 
Net income (loss)— (1)11 11 (1)
The assets and liabilities held for sale were as follows as of December 31, 2020:
December 31, 2020
(In millions)EvansvilleMontBleu
Assets:
Cash$$
Property and equipment, net302 37 
Goodwill— 
Gaming licenses and other intangibles, net138 — 
Other assets, net49 32 
Assets held for sale$505 $72 
Liabilities:
Other liabilities$12 $
Long-term lease obligation24 63 
Liabilities related to assets held for sale$36 $71 
The following information presents the net revenues and net income (loss) for the Company’s properties that are part of discontinued operations for the year ended December 31, 2021:
Year Ended December 31, 2021
(In millions)Harrah’s Louisiana DownsCaesars UK GroupCaesars Southern IndianaWilliam Hill International
Net revenues$48 $30 $155 $1,221 
Net income (loss)10 (30)27 (18)
The assets and liabilities held for sale as discontinued operations, accounted for at carrying value unless fair value was lower, were as follows as of December 31, 2020:
December 31, 2020
(In millions)Harrah’s Louisiana DownsCaesars UK GroupCaesars Southern Indiana
Assets held for sale$25 $255 $589 
Liabilities related to assets held for sale (a)
12 193 345 
____________________
(a)We have included $5 million and $331 million of deferred finance obligations as held for sale liabilities for and Harrah’s Louisiana Downs and Caesars Southern Indiana, respectively, which represent the estimated liability derecognized upon completion of the divestitures.