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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Cash flows from operating activities    
Net income (loss) $ 1,092,302 $ (863,939)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:    
Depreciation and amortization 853,579 911,859
Amortization of debt discounts, premiums and issuance costs 30,136 24,918
Loss on early retirement of debt 37 126,462
Provision for credit losses 5,815 76,228
Stock-based compensation 38,688 77,681
Property transactions, net 842 85,440
Gain on REIT transaction, net 0 (1,491,945)
Gain on consolidation of CityCenter, net (1,562,329) 0
Noncash lease expense 131,586 139,914
Other investment gains (38,572) 0
Loss (income) from unconsolidated affiliates (25,397) 31,956
Distributions from unconsolidated affiliates 74,418 62,399
Deferred income taxes 153,464 49,633
Change in operating assets and liabilities:    
Accounts receivable (167,622) 192,393
Inventories 5,310 5,692
Income taxes receivable and payable, net 44,406 (143,213)
Prepaid expenses and other (52,155) (44,895)
Accounts payable and accrued liabilities 382,122 (450,378)
Other (79,925) (39,810)
Net cash provided by (used in) operating activities 886,705 (1,249,605)
Cash flows from investing activities    
Capital expenditures, net of construction payable (322,139) (177,571)
Dispositions of property and equipment 10,191 433
Proceeds from sale of investments in unconsolidated affiliates 32,400 0
Proceeds from sale of Aria and Vdara real estate assets 3,888,431 0
Acquisition of CityCenter, net of cash acquired (1,789,604) 0
Proceeds from Mandalay Bay and MGM Grand Las Vegas transaction 0 2,455,839
Investments in unconsolidated affiliates (151,845) (71,110)
Distributions from unconsolidated affiliates 9,245 63,578
Other 342 385
Net cash provided by investing activities 1,677,021 2,271,554
Cash flows from financing activities    
Net repayments under bank credit facilities – maturities of 90 days or less (2,242,487) (1,071,180)
Issuance of long-term debt 749,775 2,050,000
Retirement of senior notes 0 (846,815)
Debt issuance costs (11,358) (42,030)
Proceeds from issuance of bridge loan facility 0 1,304,625
Issuance of MGM Growth Properties Class A shares, net 792,851 524,704
Dividends paid to common shareholders (3,638) (76,370)
Distributions to noncontrolling interest owners (239,514) (219,775)
Purchases of common stock (1,026,194) (353,720)
Other (112,862) (29,601)
Net cash provided by (used in) financing activities (2,093,427) 1,239,838
Effect of exchange rate on cash (1,103) 2,481
Cash and cash equivalents    
Net increase for the period 469,196 2,264,268
Balance, beginning of period 5,101,637 2,329,604
Balance, end of period 5,570,833 4,593,872
Supplemental cash flow disclosures    
Interest paid, net of amounts capitalized 508,056 428,520
Federal, state and foreign income taxes paid, net 34,836 8,595
Non-cash investing and financing activities    
Investment in MGP BREIT Venture 0 802,000
MGP BREIT Venture assumption of bridge loan facility $ 0 $ 1,304,625