Caesars Entertainment, Inc.
For the period ended Mar 31, 2026. Filed Apr 28, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2026 · Filed Apr 28, 2026
CZR$29.30+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Condensed Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| (In millions) | 2026 | 2025 |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net loss | $(83) | $(98) |
| Adjustments to reconcile net loss to net cash provided by operating activities: | ||
| Depreciation and amortization | 347 | 357 |
| Amortization of deferred financing costs and discounts | 43 | 44 |
| Provision for credit losses | 11 | 13 |
| Non-cash lease amortization | 6 | 6 |
| Loss on investments | 2 | 1 |
| Stock-based compensation expense | 24 | 26 |
| (Gain) loss on sale or disposal of property and equipment | (10) | 1 |
| Deferred income taxes | 12 | 11 |
| Other non-cash adjustments to net loss | 7 | (1) |
| Change in operating assets and liabilities: | ||
| Accounts receivable | 29 | 20 |
| Prepaid expenses and other assets | (46) | (49) |
| Income taxes receivable and payable, net | (3) | — |
| Accounts payable, accrued expenses and other liabilities | (135) | (113) |
| Net cash provided by operating activities | 204 | 218 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Purchase of property and equipment | (168) | (223) |
| Purchase of Caesars Windsor furniture and equipment | (42) | — |
| Proceeds from sale of property and equipment | 19 | — |
| Distributions from unconsolidated affiliate | — | 23 |
| Other | 2 | (6) |
| Net cash used in investing activities | (189) | (206) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from long-term debt and revolving credit facilities | 475 | 315 |
| Repayments of long-term debt and revolving credit facilities | (463) | (307) |
| Financing obligation payments | (9) | (2) |
| Distributions to noncontrolling interest owners | (16) | (10) |
| Taxes paid related to net share settlement of equity awards | (12) | (15) |
| Net cash used in financing activities | (25) | (19) |
| Decrease in cash, cash equivalents and restricted cash | (10) | (7) |
| Cash, cash equivalents and restricted cash, beginning of period | 984 | 1,016 |
| Cash, cash equivalents and restricted cash, end of period | $974 | $1,009 |
| RECONCILIATION OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH TO AMOUNTS REPORTED WITHIN THE CONSOLIDATED CONDENSED BALANCE SHEETS: | ||
| Cash and cash equivalents | $867 | $884 |
| Restricted cash | 92 | 102 |
| Restricted and escrow cash included in other long-term assets, net | 15 | 23 |
| Total cash, cash equivalents and restricted cash | $974 | $1,009 |
| Three Months Ended March 31, | ||
|---|---|---|
| (In millions) | 2026 | 2025 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | ||
| Cash interest paid for debt | $212 | $210 |
| Cash interest paid for rent related to financing obligations | 346 | 336 |
| Income taxes paid, net | 3 | — |
| NON-CASH INVESTING AND FINANCING ACTIVITIES: | ||
| Payables for capital expenditures | 96 | 130 |
| Right-of-use asset obtained in exchange for lease liability | 203 | — |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.