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Long-Term Debt (Tables)
 3 Months Ended
Mar. 31, 2022
Debt Disclosure [Abstract]  
Summary of Long-Term Debt
Long-term debt consisted of the following (in thousands):
 
March 31, 2022December 31, 2021
Macau Related:
WM Cayman II Revolver, due 2025 (1)
$1,283,922 $1,287,766 
WML 4 7/8% Senior Notes, due 2024600,000 600,000 
WML 5 1/2% Senior Notes, due 20261,000,000 1,000,000 
WML 5 1/2% Senior Notes, due 2027750,000 750,000 
WML 5 5/8% Senior Notes, due 20281,350,000 1,350,000 
WML 5 1/8% Senior Notes, due 20291,000,000 1,000,000 
U.S. and Corporate Related:
WRF Credit Facilities (2):
WRF Term Loan, due 2024875,000 887,500 
WLV 4 1/4% Senior Notes, due 2023500,000 500,000 
WLV 5 1/2% Senior Notes, due 20251,780,000 1,780,000 
WLV 5 1/4% Senior Notes, due 2027880,000 880,000 
WRF 7 3/4% Senior Notes, due 2025600,000 600,000 
WRF 5 1/8% Senior Notes, due 2029750,000 750,000 
Retail Term Loan, due 2025 (3)
615,000 615,000 
11,983,922 12,000,266 
Less: Unamortized debt issuance costs and original issue discounts and premium, net(61,028)(65,720)
11,922,894 11,934,546 
Less: Current portion of long-term debt(50,000)(50,000)
Total long-term debt, net of current portion$11,872,894 $11,884,546 
(1) The borrowings under the WM Cayman II Revolver bear interest at LIBOR or HIBOR plus a margin of 1.875% to 2.875% per annum based on WM Cayman II’s leverage ratio on a consolidated basis. Approximately $268.2 million and $1.02 billion of the WM Cayman II Revolver bears interest at a rate of LIBOR plus 2.625% per year and HIBOR plus 2.625% per year, respectively. As of March 31, 2022, the weighted average interest rate was approximately 2.96%. As of March 31, 2022, the available borrowing capacity under the WM Cayman II Revolver was $211.9 million.
(2) The WRF Credit Facilities bear interest at a rate of LIBOR plus 1.75% per year. As of March 31, 2022, the weighted average interest rate was approximately 2.21%. Additionally, as of March 31, 2022, the available borrowing capacity under the WRF Revolver was $835.6 million, net of $14.4 million in outstanding letters of credit.
(3) The Retail Term Loan bears interest at a rate of LIBOR plus 1.70% per year. As of March 31, 2022, the effective interest rate was 2.70%.