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STOCKHOLDERS’ EQUITY
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
STOCKHOLDERS’ EQUITY STOCKHOLDERS’ EQUITY
Accumulated Other Comprehensive Income (Loss)

Changes in accumulated other comprehensive income (loss) attributable to MGM Resorts International were as follows:
 Currency Translation Adjustments Cash Flow Hedges Other Total
 (In thousands)
Balances, January 1, 2022
$(907)$(41,634)$17,925 $(24,616)
Other comprehensive income before reclassifications27,336 30,692 — 58,028 
Amounts reclassified to interest expense
— 7,000 — 7,000 
Other comprehensive income, net of tax27,336 37,692 — 65,028 
Other changes:
Deconsolidation of MGP— 28,151 (17,067)11,084 
Other1,074 — (1,794)(720)
Net changes
28,410 65,843 (18,861)75,392 
Other comprehensive (income) loss attributable to noncontrolling interest6,932 (24,209)— (17,277)
Balances, December 31, 2022
34,435 — (936)33,499 
Other comprehensive income before reclassifications109,278 — — 109,278 
Amounts reclassified to “Other, net”
— — 936 936 
Other comprehensive income, net of tax109,278 — 936 110,214 
Other comprehensive loss attributable to noncontrolling interest
183 — — 183 
Balances, December 31, 2023
143,896 — — 143,896 
Other comprehensive loss before reclassifications(201,594)— — (201,594)
Other comprehensive loss, net of tax(201,594)— — (201,594)
Other comprehensive income attributable to noncontrolling interest(3,518)— — (3,518)
Balances, December 31, 2024
$(61,216)$— $— $(61,216)
Noncontrolling interest

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,
 202420232022
 (In thousands)
Net income attributable to MGM Resorts International$746,558 $1,142,180 $1,473,093 
Transfers from/(to) noncontrolling interest:
Deconsolidation of MGP — — 11,084 
Other— — (120)
Net transfers from noncontrolling interest— — 10,964 
Change from net income attributable to MGM Resorts International and transfers to noncontrolling interest
$746,558 $1,142,180 $1,484,057 

Deconsolidation of MGP. On April 29, 2022, the Company completed the VICI Transaction, whereby VICI acquired MGP. In connection with the transaction, the Company no longer holds a controlling interest in MGP and deconsolidated MGP, including the accumulated other comprehensive loss related to MGP.

Other equity activity

MGM Resorts International stock repurchases. In February 2020, the Company announced that the Board of Directors authorized a $3.0 billion stock repurchase plan, in March 2022, the Company announced that the Board of Directors authorized a $2.0 billion stock repurchase plan, in February 2023, the Company announced that the Board of Directors authorized a $2.0 billion stock repurchase plan, and, in November 2023, the Company announced that the Board of Directors authorized a $2.0 billion stock repurchase plan. Under these stock repurchase plans, the Company may repurchase shares from time to time in the open market or in privately negotiated agreements. Repurchases of common stock may also be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. The timing, volume and nature of stock repurchases will be at the sole discretion of management, dependent on market conditions, applicable securities laws, and other factors, and may be suspended or discontinued at any time.

During the year ended December 31, 2022, the Company repurchased approximately 76 million shares of its common stock for an aggregate amount of $2.8 billion, which included the February 2022 repurchase of 4.5 million shares for an aggregate amount of $202.5 million from funds managed by Corvex Management LP, a related party. Repurchased shares were retired. During the year ended December 31, 2022, the Company completed its February 2020 $3.0 billion stock repurchase plan.

During the year ended December 31, 2023, the Company repurchased approximately 54 million shares of its common stock for an aggregate amount of $2.3 billion. Repurchased shares were retired. In connection with these repurchases, the March 2022 $2.0 billion stock repurchase plan was completed.

During the year ended December 31, 2024, the Company repurchased approximately 33 million shares of its common stock for an aggregate amount of $1.4 billion. Repurchased shares were retired. In connection with these repurchases, the February 2023 $2.0 billion stock repurchase plan was completed. As of December 31, 2024 the remaining availability under the November 2023 $2.0 billion stock repurchase plan was $826 million.

Subsequent to December 31, 2024, the Company repurchased approximately 9 million shares of its common stock for an aggregate amount of $307 million, excluding excise tax. Repurchased shares were retired.