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LEASES (Tables)
 9 Months Ended
Sep. 30, 2025
Leases [Abstract]  
Schedule of Components of Lease Costs and Other Information
 Three Months Ended
September 30,		Nine Months Ended
September 30,
 2025202420252024
 (In thousands)
Operating lease cost, primarily classified within “General and administrative”(1)
$571,058 $575,293 $1,719,519 $1,725,494 
Finance lease costs
Interest expense$3,918 $8,891 $12,304 $27,701 
Amortization expense18,727 14,755 54,929 40,711 
Total finance lease costs$22,645 $23,646 $67,233 $68,412 
(1) Operating lease cost includes $83 million for each of the three months ended September 30, 2025 and 2024 and $248 million for each of the nine months ended September 30, 2025 and 2024 related to the Bellagio lease, which is held with a related party.
 Nine Months Ended
September 30,
 20252024
Cash paid for amounts included in the measurement of lease liabilities(In thousands)
Operating cash outflows from operating leases$1,403,082 $1,377,717 
Operating cash outflows from finance leases12,304 11,389 
Financing cash outflows from finance leases(1)
52,952 38,745 
ROU assets obtained in exchange for new lease liabilities
Operating leases$5,570 $5,079 
Finance leases6,130 272,878 
(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
 September 30,
2025		December 31,
2024
(In thousands)
Operating leases
Operating lease ROU assets, net(1)
$23,127,115 $23,532,287 
Operating lease liabilities - current, classified within “Other accrued liabilities”
$97,844 $98,021 
Operating lease liabilities - long-term(2)
24,988,015 25,076,139 
Total operating lease liabilities$25,085,859 $25,174,160 
Finance leases
Finance lease ROU assets, net, classified within “Property and equipment, net”
$255,164 $304,645 
Finance lease liabilities - current, classified within “Other accrued liabilities”
$75,377 $74,191 
Finance lease liabilities - long-term, classified within “Other long-term obligations”
196,128 243,256 
Total finance lease liabilities$271,505 $317,447 
Weighted average remaining lease term (years)
Operating leases2424
Finance leases88
Weighted average discount rate (%)
Operating leases7 7 
Finance leases6 6 
(1) As of September 30, 2025 and December 31, 2024, operating lease right-of-use assets (“ROU”), net included $3.4 billion related to the Bellagio lease.
(2) As of September 30, 2025 and December 31, 2024, operating lease liabilities – long-term included $3.8 billion related to the Bellagio lease. As of September 30, 2025 and December 31, 2024, operating lease liabilities – current included $8 million and $3 million related to the Bellagio lease, respectively.
Schedule of Operating Lease Maturity
Maturities of lease liabilities were as follows:
 Operating Leases  Finance Leases
Year ending December 31, (In thousands)
2025 (excluding the nine months ended September 30, 2025)$460,751 $24,997 
20261,880,956 84,606 
20271,909,902 83,494 
20281,942,101 31,005 
20291,974,346 7,948 
Thereafter46,973,065 121,649 
Total future minimum lease payments55,141,121 353,699 
Less: Amount of lease payments representing interest(30,055,262)(82,194)
Present value of future minimum lease payments25,085,859 271,505 
Less: Current portion(97,844)(75,377)
Long-term portion of lease liabilities$24,988,015 $196,128 
Schedule of Finance Lease Maturity
Maturities of lease liabilities were as follows:
 Operating Leases  Finance Leases
Year ending December 31, (In thousands)
2025 (excluding the nine months ended September 30, 2025)$460,751 $24,997 
20261,880,956 84,606 
20271,909,902 83,494 
20281,942,101 31,005 
20291,974,346 7,948 
Thereafter46,973,065 121,649 
Total future minimum lease payments55,141,121 353,699 
Less: Amount of lease payments representing interest(30,055,262)(82,194)
Present value of future minimum lease payments25,085,859 271,505 
Less: Current portion(97,844)(75,377)
Long-term portion of lease liabilities$24,988,015 $196,128