XML 64 R42.htm IDEA: XBRL DOCUMENT
v3.25.0.1

LEASES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2024
Leases [Abstract] |
Schedule of Components of Lease Costs |
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
| (In thousands)
Operating lease cost, primarily classified within “General and administrative”(1) | $ | 2,300,373 |  |  | $ | 2,306,640 |  |  | $ | 1,986,853 |
Finance lease costs |  |  |  |  |
Interest expense | $ | 32,251 |  |  | $ | 9,899 |  |  | $ | 9,233 |
Amortization expense | 58,845 |  |  | 65,629 |  |  | 76,039 |
Total finance lease costs | $ | 91,096 |  |  | $ | 75,528 |  |  | $ | 85,272 |
(1)Operating lease cost includes $331 million for each of the years ended December 31, 2024, 2023, and 2022, related to the Bellagio lease, which is held with a related party.
| Year Ended December 31,
| 2024 |  | 2023 |  | 2022
Cash paid for amounts included in the measurement of lease liabilities | (In thousands)
Operating cash outflows from operating leases | $ | 1,833,022 |  |  | $ | 1,802,577 |  |  | $ | 1,535,637 |
Operating cash outflows from finance leases | 15,939 |  |  | 6,332 |  |  | 6,654 |
Financing cash outflows from finance leases(1) | 54,798 |  |  | 71,611 |  |  | 84,139 |
ROU assets obtained in exchange for new lease liabilities |  |  |  |  |
Operating leases | $ | 6,658 |  |  | $ | 15,089 |  |  | $ | 15,538,208 |
Finance leases | 275,455 |  |  | 3,073 |  |  | 87,856 |
(1)Included within “Other” within “Cash flows from financing activities” on the consolidated statements of cash flows.
Schedule of Supplemental Balance Sheet Information Related to Leases |
| December 31,
| 2024 |  | 2023
| (In thousands)
Operating leases |  |  |
Operating lease ROU assets, net(1) | $ | 23,532,287 |  | $ | 24,027,465
Operating lease liabilities - current, classified within “Other accrued liabilities” | $ | 98,021 |  | $ | 74,988
Operating lease liabilities - long-term(2) | 25,076,139 |  | 25,127,464
Total operating lease liabilities | $ | 25,174,160 |  | $ | 25,202,452
Finance leases |  |  |
Finance lease ROU assets, net, classified within “Property and equipment, net” | $ | 304,645 |  | $ | 85,783
Finance lease liabilities - current, classified within “Other accrued liabilities” | $ | 74,191 |  | $ | 9,166
Finance lease liabilities - long-term, classified within “Other long-term obligations” | 243,256 |  | 85,391
Total finance lease liabilities | $ | 317,447 |  | $ | 94,557
Weighted average remaining lease term (years) |  |  |
Operating leases | 24 |  | 25
Finance leases | 8 |  | 22
Weighted average discount rate (%) |  |  |
Operating leases | 7 |  |  | 7 |
Finance leases | 6 |  |  | 6 |
(1)As of December 31, 2024 and 2023, operating lease ROU assets, net included $3.4 billion and $3.5 billion related to the Bellagio lease, respectively. (2)As of December 31, 2024 and 2023, operating lease liabilities – long-term included $3.8 billion related to the Bellagio lease. As of December 31, 2024, operating lease liabilities – current included $3 million related to the Bellagio lease.
Schedule of Finance Lease Maturity | Maturities of lease liabilities were as follows:
| Operating Leases |  | Finance Leases
Year ending December 31, | (In thousands)
2025 | $ | 1,869,121 |  |  | $ | 89,936 |
2026 | 1,890,132 |  |  | 81,782 |
2027 | 1,918,449 |  |  | 81,371 |
2028 | 1,945,486 |  |  | 29,445 |
2029 | 1,972,177 |  |  | 7,046 |
Thereafter | 46,972,294 |  |  | 121,202 |
Total future minimum lease payments | 56,567,659 |  |  | 410,782 |
Less: Amount of lease payments representing interest | (31,393,499) |  |  | (93,335) |
Present value of future minimum lease payments | 25,174,160 |  |  | 317,447 |
Less: Current portion | (98,021) |  |  | (74,191) |
Long-term portion of lease liabilities | $ | 25,076,139 |  |  | $ | 243,256 |
Schedule of Operating Lease Maturity | Maturities of lease liabilities were as follows:
| Operating Leases |  | Finance Leases
Year ending December 31, | (In thousands)
2025 | $ | 1,869,121 |  |  | $ | 89,936 |
2026 | 1,890,132 |  |  | 81,782 |
2027 | 1,918,449 |  |  | 81,371 |
2028 | 1,945,486 |  |  | 29,445 |
2029 | 1,972,177 |  |  | 7,046 |
Thereafter | 46,972,294 |  |  | 121,202 |
Total future minimum lease payments | 56,567,659 |  |  | 410,782 |
Less: Amount of lease payments representing interest | (31,393,499) |  |  | (93,335) |
Present value of future minimum lease payments | 25,174,160 |  |  | 317,447 |
Less: Current portion | (98,021) |  |  | (74,191) |
Long-term portion of lease liabilities | $ | 25,076,139 |  |  | $ | 243,256 |

X
- Definition Assets And Liabilities, Lessee + References No definition available. + Details
Name: | mgm_AssetsAndLiabilitiesLesseeTableTextBlock
Namespace Prefix: | mgm_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of finance lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to finance lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_FinanceLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-4 + Details
Name: | us-gaap_LeaseCostTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LeasesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 6 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478964/842-20-50-6 + Details
Name: | us-gaap_LesseeOperatingLeaseLiabilityMaturityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration