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Earnings per Share | 3 Months Ended
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Mar. 31, 2024
Earnings Per Share [Abstract] |
Earnings per Share | Earnings per Share The following table illustrates the reconciliation of the numerators and denominators of the basic and diluted net income (loss) per share computations for the three months ended March 31, 2024 and 2023:
| Three Months Ended March 31, |  |
(In millions, except per share data) | 2024 |  | 2023 |  |  |  |
Net loss attributable to Caesars | $ | (158) |  |  | $ | (136) |  |  |  |  |
Shares outstanding: |  |  |  |  |  |  |
Weighted average shares outstanding – basic | 216 |  |  | 215 |  |  |  |  |
Weighted average shares outstanding – diluted | 216 |  |  | 215 |  |  |  |  |
Net loss per common share attributable to common stockholders – basic: | $ | (0.73) |  |  | $ | (0.63) |  |  |  |  |
Net loss per common share attributable to common stockholders – diluted: | $ | (0.73) |  |  | $ | (0.63) |  |  |  |  |
For a period in which the Company generated a net loss from continuing operations, the Weighted average shares outstanding - basic was used in calculating Diluted loss per share because using diluted shares would have been anti-dilutive to loss per share.
Weighted-Average Number of Anti-Dilutive Shares Excluded from the Calculation of Earnings per Share
| Three Months Ended March 31, |  |
(In millions) | 2024 |  | 2023 |  |  |  |
Stock-based compensation awards | 4 |  |  | 4 |  |  |  |  |
Total anti-dilutive common stock | 4 |  |  | 4 |  |  |  |  |

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