text: production. Also, the Company terminated a restaurant lease and closed two 
  marketing offices, resulting in $4 million of contract termination charges. Other 
  severance of $1 million in 2003 related primarily to restructuring of table games 
  staffing at several resorts. 
  
  The Company recorded $3 million of restructuring charges in December 2002 
  related to contract termination costs for a restaurant and the EFX! show at MGM 
  Grand Las Vegas. In December 2002, the Company recorded a restructuring credit 
  of $10 million related to a lease contract termination accrual originally recorded in 
  June 2000. In December 2002 management determined that payment under this 
  obligation was not probable. In 2001, management responded to a decline in busi- 
  ness volumes caused by the September 11 attacks by implementing cost contain- 
  ment strategies which included a significant reduction in payroll and a refocusing of 
  several of the Company’s marketing programs. This resulted in a $22 million charge 
  against earnings. As a result of improving business levels and the Company’s success 
  at re-hiring a substantial number of previously laid off or terminated employees, 
  management determined in 2002 that a portion of the remaining accrual would 
  now not be necessary. This resulted in a restructuring credit of $10 million. 