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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities:      
Net income (loss) $ (2,326,946) $ 311,378 $ 803,084
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Depreciation and amortization 725,502 624,878 550,596
Deferred income taxes 562,484 174,190 (498,654)
Stock-based compensation expense 62,254 40,372 35,040
Amortization of debt issuance costs 28,932 28,954 36,917
Loss on extinguishment of debt 4,601 12,437 4,391
Provision for credit losses 64,375 21,898 6,527
Change in derivatives fair value 13,060 3,228 4,520
Change in Redemption Note fair value 0 0 69,331
Property charges and other 38,933 5,122 56,974
Increase (decrease) in cash from changes in:      
Receivables, net 81,646 (86,712) (59,157)
Inventories, prepaid expenses and other 27,660 (37,907) (5,212)
Customer deposits (192,451) (134,858) (92,395)
Accounts payable and accrued expenses (162,475) (61,910) 49,527
Net cash (used in) provided by operating activities (1,072,425) 901,070 961,489
Cash flows from investing activities:      
Capital expenditures, net of construction payables and retention (290,115) (1,063,293) (1,475,972)
Purchase of intangible and other assets 0 (6,000) (126,414)
Proceeds from the sale or maturity of investment securities 0 0 359,461
Purchase of investment securities 0 0 (34,098)
Cash acquired from business combination 4,604 0 0
Proceeds from sale of assets and other 19,752 695 54,213
Net cash used in investing activities (265,759) (1,068,598) (1,222,810)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 4,691,953 3,893,778 2,788,925
Repayments of long-term debt (2,035,354) (2,930,015) (3,032,267)
Proceeds from note receivable from sale of ownership interest in subsidiary 0 0 75,000
Proceeds from issuance of common stock, net of issuance costs 0 0 915,240
Repurchase of common stock (11,533) (66,986) (159,544)
Finance lease payments (5,916) (73) 0
Proceeds from exercise of stock options 70 14,696 21,971
Shares of subsidiary repurchased for share award plan 0 (5,384) (6,232)
Dividends paid (108,777) (566,521) (569,781)
Distributions to noncontrolling interest (6,238) (7,745) (305,372)
Payments for additional ownership interest in Wynn Interactive (33,621) 0 0
Payment to acquire derivatives 0 0 (3,900)
Payments for financing costs (27,339) (32,738) (48,297)
Net cash provided by (used in) financing activities 2,463,245 299,012 (324,257)
Effect of exchange rate on cash, cash equivalents and restricted cash 3,031 7,485 (1,733)
Cash, cash equivalents and restricted cash:      
Increase (decrease) in cash, cash equivalents and restricted cash 1,128,092 138,969 (587,311)
Balance, beginning of period 2,358,292 2,219,323  
Balance, end of period 3,486,384 2,358,292 2,219,323
Supplemental cash flow disclosures      
Cash paid for interest, net of amounts capitalized 463,458 373,052 378,023
Capitalized stock-based compensation 2,212 350 11
Cash paid for income taxes (income tax refunds received) 1,433 (16,811) 1,885
Property and equipment acquired under finance leases 56,215 1,413 0
Liability settled with shares of common stock 6,720 15,134 1,800
Accounts and construction payables related to property and equipment 62,956 163,471 202,981
Other liabilities related to intangible assets 13,822 13,945 0
Financing costs included in accounts payable and other liabilities 3,116 1,857 0
Dividends payable on unvested restricted stock included in other accrued liabilities $ 3,564 $ 6,690 $ 4,375