| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net loss | -202 | -163 | -98 | -235 |
| Depreciation and amortization | 1,073 | 721 | 357 | 979 |
| Amortization of deferred financing costs and discounts | 135 | 89 | 44 | 134 |
| Provision for doubtful accounts | 31 | 23 | 13 | 28 |
| Loss on extinguishment of debt | -4 | 0 | 0 | -51 |
| Non-cash lease amortization | 16 | 12 | 6 | 15 |
| Gain on investments | 2 | -1 | -1 | 8 |
| Stock-based compensation expense | 72 | 50 | 26 | 73 |
| Loss on sale and disposal of trademarks, property and equipment | -11 | -3 | -1 | -9 |
| Impairment charges | 0 | 0 | - | 118 |
| Deferred income taxes | -1 | 24 | 11 | 68 |
| Other non-cash adjustments to net loss | -1 | -1 | 1 | 35 |
| Accounts receivable | -9 | 37 | -20 | -109 |
| Prepaid expenses and other assets | 49 | 47 | 49 | 35 |
| Income taxes receivable and payable, net | -61 | -58 | 0 | -37 |
| Accounts payable, accrued expenses and other liabilities | -39 | 61 | -113 | -468 |
| Net cash provided by operating activities | 998 | 680 | 218 | 766 |
| Purchase of property and equipment | 648 | 453 | 223 | 1,017 |
| Acquisition of intangible assets | 1 | - | - | 15 |
| Proceeds from sale of property and equipment | - | - | - | 0 |
| Proceeds from sale of trademarks, property and equipment | 217 | 3 | - | - |
| Proceeds from sale of investments | -4 | -1 | - | -14 |
| Distribution from unconsolidated affiliate | 23 | 23 | 23 | 39 |
| Other | 11 | 8 | 6 | 0 |
| Net cash used in investing activities | -416 | -434 | -206 | -979 |
| Proceeds from long-term debt and revolving credit facilities | 1,205 | 590 | 315 | 6,090 |
| Repayments of long-term debt and revolving credit facilities | 1,576 | 612 | 307 | 5,831 |
| Repurchase of common stock | 179 | 100 | - | 141 |
| Financing obligation payments | 17 | 8 | 2 | 6 |
| Debt issuance and extinguishment costs | 0 | 0 | 0 | 84 |
| Payments to acquire ownership interest in subsidiary | - | - | - | 0 |
| Contributions from noncontrolling interest owners | - | - | - | 0 |
| Distributions to noncontrolling interest owners | 76 | 30 | 10 | 16 |
| Taxes paid related to net share settlement of equity awards | 16 | 16 | 15 | 16 |
| Net cash used in financing activities | -659 | -176 | -19 | -4 |
| Decrease in cash, cash equivalents and restricted cash | -77 | 70 | -7 | -217 |
| Cash and cash equivalents at beginning of period | 1,016 | 1,016 | 1,016 | 1,143 |
| Cash and cash equivalents at end of period | 939 | 1,086 | 1,009 | 926 |
Caesars Entertainment, Inc. (CZR)
Caesars Entertainment, Inc. (CZR)