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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Summary of Changes in Accumulated Balance of Other Comprehensive Income (loss)

The following is a summary of the changes in the accumulated balance of other comprehensive income (loss) attributable to MGM Resorts International:

 

 

 

Currency Translation Adjustments

 

 

Cash Flow Hedges

 

 

Other

 

 

Total

 

 

 

(In thousands)

 

Balances, January 1, 2017

 

$

12,545

 

 

$

1,434

 

 

$

1,074

 

 

$

15,053

 

Other comprehensive income (loss) before reclassifications

 

 

(43,188

)

 

 

(1,221

)

 

 

98

 

 

 

(44,311

)

Amounts reclassified from accumulated other comprehensive income to "Interest expense, net"

 

 

 

 

 

9,216

 

 

 

 

 

 

9,216

 

Other comprehensive income (loss), net of tax

 

 

(43,188

)

 

 

7,995

 

 

 

98

 

 

 

(35,095

)

Other comprehensive (income) loss attributable to noncontrolling interest

 

 

19,193

 

 

 

(2,761

)

 

 

 

 

 

16,432

 

Balances, December 31, 2017

 

 

(11,450

)

 

 

6,668

 

 

 

1,172

 

 

 

(3,610

)

Other comprehensive income (loss) before reclassifications

 

 

(13,022

)

 

 

4,706

 

 

 

 

 

 

(8,316

)

Amounts reclassified from accumulated other comprehensive loss to "Interest expense, net"

 

 

 

 

 

(1,130

)

 

 

 

 

 

(1,130

)

Other comprehensive income (loss), net of tax

 

 

(13,022

)

 

 

3,576

 

 

 

 

 

 

(9,446

)

Other comprehensive (income) loss attributable to noncontrolling interest

 

 

5,600

 

 

 

(1,100

)

 

 

 

 

 

4,500

 

Balances, December 31, 2018

 

 

(18,872

)

 

 

9,144

 

 

 

1,172

 

 

 

(8,556

)

Other comprehensive income (loss) before reclassifications

 

 

28,870

 

 

 

(28,783

)

 

 

 

 

 

87

 

Amounts reclassified from accumulated other comprehensive loss to "Interest expense, net"

 

 

 

 

 

(5,599

)

 

 

 

 

 

(5,599

)

Amounts reclassified from accumulated other comprehensive loss related to de-designation of interest rate swaps to "Other, net"

 

 

 

 

 

4,877

 

 

 

 

 

 

4,877

 

Other comprehensive income (loss), net of tax

 

 

28,870

 

 

 

(29,505

)

 

 

 

 

 

(635

)

Other changes in accumulated other comprehensive income (loss):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Empire City MGP transaction

 

 

 

 

 

 

 

 

195

 

 

 

195

 

MGP Class A share issuances

 

 

 

 

 

 

 

 

1,512

 

 

 

1,512

 

Park MGM Transaction

 

 

 

 

 

 

 

 

16

 

 

 

16

 

Northfield OpCo transaction

 

 

 

 

 

 

 

 

(2

)

 

 

(2

)

Other

 

 

 

 

 

 

 

 

481

 

 

 

481

 

Changes in accumulated other comprehensive income (loss)

 

 

28,870

 

 

 

(29,505

)

 

 

2,202

 

 

 

1,567

 

Other comprehensive (income) loss attributable to noncontrolling interest

 

 

(12,745

)

 

 

9,532

 

 

 

 

 

 

(3,213

)

Balances, December 31, 2019

 

$

(2,747

)

 

$

(10,829

)

 

$

3,374

 

 

$

(10,202

)

Summary of Net Income Attributable to and Transfers from Noncontrolling Interest, Which Shows Effects of Changes in Company's Ownership Interest in a Subsidiary

The following is a summary of net income attributable to MGM Resorts International and transfers to noncontrolling interest, which shows the effects of changes in the Company’s ownership interest in a subsidiary on the equity attributable to the Company:

 

 

 

For the Years Ended December 31,

 

 

 

2019

 

 

2018

 

 

2017

 

 

 

(In thousands)

 

Net income attributable to MGM Resorts International

 

$

2,049,146

 

 

$

466,772

 

 

$

1,952,052

 

Transfers from/(to) noncontrolling interest:

 

 

 

 

 

 

 

 

 

 

 

 

MGP Class A share issuances

 

 

151,976

 

 

 

 

 

 

35,138

 

MGM National Harbor transaction

 

 

 

 

 

 

 

 

(12,497

)

Empire City MGP transaction

 

 

(18,718

)

 

 

 

 

 

 

Park MGM Transaction

 

 

(1,968

)

 

 

 

 

 

 

Northfield OpCo transaction

 

 

21,679

 

 

 

 

 

 

 

Other

 

 

(935

)

 

 

(5,667

)

 

 

(2,889

)

Net transfers from/(to) noncontrolling interest

 

 

152,034

 

 

 

(5,667

)

 

 

19,752

 

Change from net income attributable to MGM Resorts International and transfers to noncontrolling interest

 

$

2,201,180

 

 

$

461,105

 

 

$

1,971,804